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Accent Resources NL
ASX:ACS

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Accent Resources NL
ASX:ACS
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Price: 0.055 AUD
Market Cap: AU$26.9m

P/B

6.6
Current
340%
More Expensive
vs 3-y average of 1.5

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
6.6
=
Market Cap
AU$20.6m
/
Total Equity
AU$4.1m

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
6.6
=
Market Cap
AU$20.6m
/
Total Equity
AU$4.1m

Valuation Scenarios

Accent Resources NL is trading above its 3-year average

If P/B returns to its 3-Year Average (1.5), the stock would be worth AU$0.01 (77% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-77%
Maximum Upside
No Upside Scenarios
Average Downside
66%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 6.6 AU$0.06
0%
3-Year Average 1.5 AU$0.01
-77%
5-Year Average 1.6 AU$0.01
-76%
Industry Average 3.2 AU$0.03
-51%
Country Average 2.7 AU$0.02
-60%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
AU
Accent Resources NL
ASX:ACS
26.9m AUD 6.6 -6.1
ZA
Kumba Iron Ore Ltd
JSE:KIO
99.5B ZAR 1.8 6.8
BR
Vale SA
BOVESPA:VALE3
365B BRL 2 26.2
US
Nucor Corp
NYSE:NUE
51.5B USD 2.5 29.7
LU
ArcelorMittal SA
AEX:MT
37.5B EUR 0.8 13.7
AU
Fortescue Metals Group Ltd
ASX:FMG
61.9B AUD 2 11.2
AU
Fortescue Ltd
XMUN:FVJ
37.8B EUR 2.1 11.7
IN
JSW Steel Ltd
NSE:JSWSTEEL
3.1T INR 3.8 41.8
US
Steel Dynamics Inc
NASDAQ:STLD
32.8B USD 3.6 23.9
IN
Tata Steel Ltd
NSE:TATASTEEL
2.7T INR 2.8 29.2
KR
Posco Holdings Inc
KRX:005490
35.3T KRW 0.6 48.5
P/E Multiple
Earnings Growth PEG
AU
A
Accent Resources NL
ASX:ACS
Average P/E: 24.3
Negative Multiple: -6.1
N/A N/A
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
6.8
-5%
N/A
BR
Vale SA
BOVESPA:VALE3
26.2
47%
0.6
US
Nucor Corp
NYSE:NUE
29.7
25%
1.2
LU
ArcelorMittal SA
AEX:MT
13.7
18%
0.8
AU
Fortescue Metals Group Ltd
ASX:FMG
11.2
-5%
N/A
AU
F
Fortescue Ltd
XMUN:FVJ
11.7
-5%
N/A
IN
JSW Steel Ltd
NSE:JSWSTEEL
41.8
72%
0.6
US
Steel Dynamics Inc
NASDAQ:STLD
23.9
23%
1
IN
Tata Steel Ltd
NSE:TATASTEEL
29.2
82%
0.4
KR
Posco Holdings Inc
KRX:005490
48.5
65%
0.7

Market Distribution

Higher than 80% of companies in Australia
Percentile
80th
Based on 2 062 companies
80th percentile
6.6
Low
0 — 1.6
Typical Range
1.6 — 4.3
High
4.3 —
Distribution Statistics
Australia
Min 0
30th Percentile 1.6
Median 2.7
70th Percentile 4.3
Max 2 199.4

Accent Resources NL
Glance View

Market Cap
26.9m AUD
Industry
Metals & Mining

Accent Resources NL engages in the exploration of mineral properties. The company is headquartered in Perth, Western Australia. The company went IPO on 2005-08-26. The firm is focused on the discovery and development of iron ore, base metal, and precious metal deposits at its project areas in Western Australia. The company holds interest in the Magnetite Range Project, and the Norseman Project. The Magnetite Range Project is an advanced iron magnetite project, with green field gold potential located approximately 310 kilometers north northeast of Perth and 250 kilometers east southeast of Geraldton in the Shire of Yalgoo. The project is located in the southeast of the developing Midwest iron ore region and located northwest along strike of the operating Extension Hill iron ore project. The Norseman Project consists of five mining leases and nine prospecting licenses covering an area of approximately 256 hectares and is located 5 kilometers south of Norseman in the Dundas Mineral Field.

ACS Intrinsic Value
0.021 AUD
Overvaluation 62%
Intrinsic Value
Price AU$0.055
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