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Alkane Resources Ltd
ASX:ALK

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Alkane Resources Ltd Logo
Alkane Resources Ltd
ASX:ALK
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Price: 0.645 AUD -1.53% Market Closed
Updated: Apr 27, 2024

Relative Value

The Relative Value of one ALK stock under the Base Case scenario is 1.365 AUD. Compared to the current market price of 0.645 AUD, Alkane Resources Ltd is Undervalued by 53%.

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.

ALK Relative Value
Base Case
1.365 AUD
Undervaluation 53%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
76
vs Industry
49
Median 3Y
2.5
Median 5Y
3.6
Industry
1.7
Forward
2.1
vs History
23
vs Industry
18
Median 3Y
9.5
Median 5Y
10.1
Industry
15.6
Forward
12.9
vs History
65
vs Industry
25
Median 3Y
4.8
Median 5Y
7.4
Industry
9
vs History
vs Industry
3
Median 3Y
-9.2
Median 5Y
-10.5
Industry
15.5
vs History
76
vs Industry
46
Median 3Y
1.6
Median 5Y
1.6
Industry
1.5
vs History
73
vs Industry
51
Median 3Y
2.1
Median 5Y
2.9
Industry
2.1
Forward
1.8
vs History
52
vs Industry
40
Median 3Y
6.3
Median 5Y
7.5
Industry
7.4
vs History
50
vs Industry
18
Median 3Y
7.6
Median 5Y
9.4
Industry
10.2
Forward
4.6
vs History
50
vs Industry
20
Median 3Y
7.6
Median 5Y
9.4
Industry
12.7
Forward
8
vs History
57
vs Industry
28
Median 3Y
4.1
Median 5Y
6.6
Industry
10.2
vs History
vs Industry
3
Median 3Y
-8.8
Median 5Y
-10.3
Industry
12.8
vs History
76
vs Industry
50
Median 3Y
1.3
Median 5Y
1.5
Industry
1.3

Multiples Across Competitors

ALK Competitors Multiples
Alkane Resources 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
Alkane Resources Ltd
ASX:ALK
389.2m AUD 2.1 12.9 8.3 8.3
ZA
Gold Fields Ltd
JSE:GFI
293.2B Zac 0 0 0 0
ZA
AngloGold Ashanti Ltd
JSE:ANG
188.5B Zac 0 0 0 0
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
104.5B Zac 0 0 0 0
CN
Zijin Mining Group Co Ltd
SSE:601899
479.8B CNY 1.6 22.7 18.4 18.4
US
Newmont Corporation
NYSE:NEM
49.2B USD 4.2 -19.7 19.1 76.4
CA
Agnico Eagle Mines Ltd
TSX:AEM
44.5B CAD 4.9 16.8 10.6 19.7
CA
Barrick Gold Corp
TSX:ABX
41B CAD 2.6 23.6 6.2 10.6
CA
Wheaton Precious Metals Corp
TSX:WPM
33.4B CAD 24.1 45.5 33.2 47.3
CA
Franco-Nevada Corp
TSX:FNV
32.3B CAD 19.4 -50.6 22 30.1
RU
Polyus PJSC
OTC:OPYGY
20.6B USD 4 12.3 6.6 7.6

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