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Firefly Metals Ltd
ASX:FFM

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Firefly Metals Ltd
ASX:FFM
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Price: 2.13 AUD 0.95% Market Closed
Market Cap: AU$1.6B

EV/IC

4.8
Current
189%
More Expensive
vs 3-y average of 1.7

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
4.8
=
Enterprise Value
AU$1.3B
/
Invested Capital
AU$287.6m

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
4.8
=
Enterprise Value
AU$1.3B
/
Invested Capital
AU$287.6m

Valuation Scenarios

Firefly Metals Ltd is trading above its 3-year average

If EV/IC returns to its 3-Year Average (1.7), the stock would be worth AU$0.74 (65% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-65%
Maximum Upside
No Upside Scenarios
Average Downside
59%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 4.8 AU$2.13
0%
3-Year Average 1.7 AU$0.74
-65%
5-Year Average 2.2 AU$0.97
-55%
Industry Average 2.4 AU$1.04
-51%
Country Average 1.7 AU$0.75
-65%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
Market Cap EV/IC P/E
AU
Firefly Metals Ltd
ASX:FFM
1.6B AUD 4.8 -135.4
RU
Polyus PJSC
LSE:PLZL
70.4T USD 8 391.6 34 959.7
ZA
Gold Fields Ltd
JSE:GFI
622.9B ZAR 3.1 10.7
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
158.3B ZAR 1.5 9.7
CN
Zijin Mining Group Co Ltd
SSE:601899
907.8B CNY 2.3 14.3
US
Newmont Corporation
NYSE:NEM
117.2B USD 2.4 17.1
CA
Agnico Eagle Mines Ltd
TSX:AEM
125.6B CAD 3 20.9
CA
Barrick Mining Corp
F:ABR0
55.4B EUR 1.5 13.1
CA
Barrick Gold Corp
TSX:ABX
88.1B CAD 1.5 13.1
CA
Wheaton Precious Metals Corp
TSX:WPM
77.6B CAD 6.9 38.3
HK
Zijin Gold International Co Ltd
HKEX:2259
422.3B HKD 5.9 33.7

Market Distribution

Higher than 77% of companies in Australia
Percentile
77th
Based on 2 047 companies
77th percentile
4.8
Low
0 — 1.1
Typical Range
1.1 — 3.5
High
3.5 —
Distribution Statistics
Australia
Min 0
30th Percentile 1.1
Median 1.7
70th Percentile 3.5
Max 3 073.7

Firefly Metals Ltd
Glance View

Market Cap
1.6B AUD
Industry
Metals & Mining

Firefly Metals Ltd is a AU-based company operating in Metals & Mining industry. The company is headquartered in Perth, Western Australia. The company went IPO on 2005-09-21. FireFly Metals Ltd, formerly Auteco Minerals Ltd, is a copper-gold company focused on advancing the high-grade Green Bay Copper-Gold project in Newfoundland, Canada. Its Green Bay Copper-Gold Project hosts a mineral resource. The company has commenced a 40,000 meters diamond drilling program. The project consists of multiple assets headlined by the Ming underground mine. The Green Bay project is located on the Baie Verte peninsula of north-west Newfoundland, Canada. The firm holds a 70% interest in the high-grade Pickle Crow Project in the world-class Uchi sub-province of Ontario, Canada. The Pickle Crow deposit is located in the Tier-1 Mining Jurisdiction of Ontario, Canada. The Limestone Well vanadium tenements lie north along strike from the Neometalis-owned Barrambie titanium-vanadium deposit, approximately 90km southeast of Meekatharra.

FFM Intrinsic Value
0.67 AUD
Overvaluation 68%
Intrinsic Value
Price AU$2.13
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