Ardea Resources Ltd
ASX:ARL

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Ardea Resources Ltd
ASX:ARL
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Price: 0.685 AUD 1.48% Market Closed
Market Cap: AU$150.5m

P/OCF

-34.1
Current
25%
More Expensive
vs 3-y average of -27.3

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
-34.1
=
Market Cap
AU$111.7m
/
Operating Cash Flow
AU$-4.2m

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
-34.1
=
Market Cap
AU$111.7m
/
Operating Cash Flow
AU$-4.2m

Valuation Scenarios

Ardea Resources Ltd is trading above its industry average

If P/OCF returns to its Industry Average (11.3), the stock would be worth AU$-0.23 (133% downside from current price).

Statistics
Positive Scenarios
0/2
Maximum Downside
-139%
Maximum Upside
No Upside Scenarios
Average Downside
136%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple -34.1 AU$0.69
0%
Industry Average 11.3 AU$-0.23
-133%
Country Average 13.2 AU$-0.27
-139%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close
Market Cap P/OCF P/E
AU
Ardea Resources Ltd
ASX:ARL
144.4m AUD -34.1 -87.6
AU
BHP Group Ltd
ASX:BHP
285.2B AUD 10.1 19.4
AU
Rio Tinto Ltd
ASX:RIO
280.8B AUD 11.8 19.9
UK
Rio Tinto PLC
LSE:RIO
119.4B GBP 9.3 15.7
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
1.5T MXN 14.8 17.7
CH
Glencore PLC
LSE:GLEN
64.8B GBP 15.2 236
SA
Saudi Arabian Mining Company SJSC
SAU:1211
248.9B SAR 22.8 33.9
CN
CMOC Group Ltd
SSE:603993
406.5B CNY 19.1 19.6
UK
Anglo American PLC
LSE:AAL
42.8B GBP 10 -14.8
CN
China Molybdenum Co Ltd
OTC:CMCLF
51.8B USD 17.1 17.5
ZA
African Rainbow Minerals Ltd
JSE:ARI
44.5B ZAR 7.8 34.6
P/E Multiple
Earnings Growth PEG
AU
Ardea Resources Ltd
ASX:ARL
Average P/E: 46
Negative Multiple: -87.6
N/A N/A
AU
BHP Group Ltd
ASX:BHP
19.4
11%
1.8
AU
Rio Tinto Ltd
ASX:RIO
19.9
13%
1.5
UK
Rio Tinto PLC
LSE:RIO
15.7
11%
1.4
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
17.7
3%
5.9
CH
Glencore PLC
LSE:GLEN
236
161%
1.5
SA
Saudi Arabian Mining Company SJSC
SAU:1211
33.9
10%
3.4
CN
CMOC Group Ltd
SSE:603993
19.6
23%
0.9
UK
Anglo American PLC
LSE:AAL
Negative Multiple: -14.8 N/A N/A
CN
C
China Molybdenum Co Ltd
OTC:CMCLF
17.5
24%
0.7
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
34.6
156%
0.2

Market Distribution

Lower than 100% of companies in Australia
Percentile
0th
Based on 1 393 companies
0th percentile
-34.1
Low
0.2 — 8.9
Typical Range
8.9 — 19.2
High
19.2 —
Distribution Statistics
Australia
Min 0.2
30th Percentile 8.9
Median 13.2
70th Percentile 19.2
Max 8 864.3

Ardea Resources Ltd
Glance View

Market Cap
150.5m AUD
Industry
Metals & Mining

Ardea Resources Ltd. engages in the exploration and development of mineral properties in Australia. The company is headquartered in Perth, Western Australia. The company went IPO on 2017-02-09. The firm is focused on the development of nickel sulfide exploration; gold exploration; and the Goongarrie Nickel Cobalt Project (GNCP), which is part of the Kalgoorlie Nickel Project (KNP). The company is also engaged in gold corporate activity, including farm-outs and new tenement applications complementing existing nickel-gold projects leading to a potential Kalgoorlie-focused gold spin-out. The Company’s projects include KNP, KNP Nickel Sulphide, Bardoc Tectonic Zone Gold Project and other projects in Western Australia. Its other projects include Perrinvale nickel sulphide and gold prospect, Bulong and Taurus gold prospect, Laverton Tectonic Zone (LTZ), and Mt Zephyr-Darlot East Red 5 Joint Venture. KNP is a series of nickel-cobalt-scandium deposits, which is located within the Eastern Goldfields province.

ARL Intrinsic Value
0.015 AUD
Overvaluation 98%
Intrinsic Value
Price AU$0.685
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