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29Metals Ltd
ASX:29M

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29Metals Ltd
ASX:29M
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Price: 0.36 AUD Market Closed
Market Cap: AU$629m

Relative Value

The Relative Value of one 29M stock under the Base Case scenario is hidden AUD. Compared to the current market price of 0.36 AUD, 29Metals Ltd is hidden .

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

29M Relative Value
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Worst Case
Base Case
Best Case

Multiples Across Competitors

29M Competitors Multiples
29Metals Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
29Metals Ltd
ASX:29M
629m AUD 1 -18.2 -53.4 -53.4
AU
BHP Group Ltd
ASX:BHP
252.5B AUD 3.3 17.4 6.7 8.5
AU
Rio Tinto Ltd
ASX:RIO
252.2B AUD 3.1 17.9 7.6 10.4
UK
Rio Tinto PLC
LSE:RIO
109.8B GBP 2.6 14.8 7 9.7
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
1.5T MXN 4.8 17.2 8.8 10.2
CH
Glencore PLC
LSE:GLEN
61.9B GBP 0.3 230.1 11.1 35.5
SA
Saudi Arabian Mining Company SJSC
SAU:1211
248.9B SAR 6.6 44.7 20.5 30.9
CN
CMOC Group Ltd
SSE:603993
422.3B CNY 2.1 21.6 12.2 12.2
CN
China Molybdenum Co Ltd
OTC:CMCLF
50.3B USD 1.7 17.7 9.9 9.9
UK
Anglo American PLC
LSE:AAL
36.8B GBP 2.7 -13.3 9.3 14.7
ZA
African Rainbow Minerals Ltd
JSE:ARI
42.4B ZAR 3.1 32.9 -68.6 -68.6
P/E Multiple
Earnings Growth PEG
AU
2
29Metals Ltd
ASX:29M
Average P/E: 46
Negative Multiple: -18.2
N/A N/A
AU
BHP Group Ltd
ASX:BHP
17.4
10%
1.7
AU
Rio Tinto Ltd
ASX:RIO
17.9
13%
1.4
UK
Rio Tinto PLC
LSE:RIO
14.8
12%
1.2
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
17.2
3%
5.7
CH
Glencore PLC
LSE:GLEN
230.1
159%
1.4
SA
Saudi Arabian Mining Company SJSC
SAU:1211
44.7
52%
0.9
CN
CMOC Group Ltd
SSE:603993
21.6
30%
0.7
CN
C
China Molybdenum Co Ltd
OTC:CMCLF
17.7
30%
0.6
UK
Anglo American PLC
LSE:AAL
Negative Multiple: -13.3 N/A N/A
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
32.9
149%
0.2
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
AU
2
29Metals Ltd
ASX:29M
Average EV/EBITDA: 10.3
Negative Multiple: -53.4
N/A N/A
AU
BHP Group Ltd
ASX:BHP
6.7
5%
1.3
AU
Rio Tinto Ltd
ASX:RIO
7.6
8%
0.9
UK
Rio Tinto PLC
LSE:RIO
7
8%
0.9
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
8.8
6%
1.5
CH
Glencore PLC
LSE:GLEN
11.1
24%
0.5
SA
Saudi Arabian Mining Company SJSC
SAU:1211
20.5
15%
1.4
CN
CMOC Group Ltd
SSE:603993
12.2
30%
0.4
CN
C
China Molybdenum Co Ltd
OTC:CMCLF
9.9
30%
0.3
UK
Anglo American PLC
LSE:AAL
9.3
21%
0.4
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Negative Multiple: -68.6 N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
AU
2
29Metals Ltd
ASX:29M
Average EV/EBIT: 15.8
Negative Multiple: -53.4
N/A N/A
AU
BHP Group Ltd
ASX:BHP
8.5
6%
1.4
AU
Rio Tinto Ltd
ASX:RIO
10.4
9%
1.2
UK
Rio Tinto PLC
LSE:RIO
9.7
8%
1.2
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
10.2
2%
5.1
CH
Glencore PLC
LSE:GLEN
35.5
50%
0.7
SA
Saudi Arabian Mining Company SJSC
SAU:1211
30.9
22%
1.4
CN
CMOC Group Ltd
SSE:603993
12.2
24%
0.5
CN
C
China Molybdenum Co Ltd
OTC:CMCLF
9.9
24%
0.4
UK
Anglo American PLC
LSE:AAL
14.7
23%
0.6
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Negative Multiple: -68.6 N/A N/A
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Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett