First Graphene Ltd
ASX:FGR

Watchlist Manager
First Graphene Ltd Logo
First Graphene Ltd
ASX:FGR
Watchlist
Price: 0.08 AUD 6.67% Market Closed
Market Cap: 70.4m AUD
Section:
 

Relative Value

The Relative Value of one FGR stock under the Base Case scenario is 0.002 AUD. Compared to the current market price of 0.08 AUD, First Graphene Ltd is Overvalued by 98%.

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.

FGR Relative Value
Base Case
0.002 AUD
Overvaluation 98%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

150.4
P/S
P/S
Price to Sales
150.4
vs History
33
vs Industry
1
Median 3Y
81.3
Median 5Y
103.5
Industry
1.6
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
Median 3Y
-9.6
Median 5Y
-12.5
Industry
20.8
More Details
Negative
P/OCF
P/OCF
Price to OCF
N/A
vs History
vs Industry
Median 3Y
-18.1
Median 5Y
-21.8
Industry
13.7
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
Median 3Y
-16.7
Median 5Y
-25.9
Industry
22.1
More Details
15.7
P/B
P/B
Price to Book Value
15.7
vs History
28
vs Industry
3
Median 3Y
9.3
Median 5Y
12.5
Industry
1.7
More Details
151
EV/S
EV/S
Enterprise Value to Sales
151
vs History
33
vs Industry
1
Median 3Y
81.9
Median 5Y
104
Industry
1.8
More Details
699.4
EV/GP
EV/GP
Enterprise Value to Gross Profit
699.4
vs History
41
vs Industry
2
Median 3Y
329.5
Median 5Y
624.8
Industry
7.3
More Details
Negative
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
N/A
vs History
vs Industry
Median 3Y
-11.9
Median 5Y
-15.5
Industry
13.1
More Details
Negative
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
N/A
vs History
vs Industry
Median 3Y
-11.9
Median 5Y
-15.5
Industry
17.6
More Details
Negative
EV/OCF
EV/OCF
Enterprise Value to OCF
N/A
vs History
vs Industry
Median 3Y
-18.1
Median 5Y
-20.8
Industry
15.2
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
Median 3Y
-17.4
Median 5Y
-19.6
Industry
21.2
More Details
13.5
EV/IC
EV/IC
Enterprise Value to IC
13.5
vs History
31
vs Industry
5
Median 3Y
7.7
Median 5Y
11.6
Industry
1.3
More Details

Multiples Across Competitors

FGR Competitors Multiples
First Graphene Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
First Graphene Ltd
ASX:FGR
70.4m AUD 150.4 -12.8 -16.5 -16.5
US
Sherwin-Williams Co
NYSE:SHW
88.2B USD 3.8 34.3 22.9 26.9
US
Ecolab Inc
NYSE:ECL
78.1B USD 4.9 39.3 22.4 30
JP
Shin-Etsu Chemical Co Ltd
TSE:4063
10.7T JPY 4.1 21.4 10.4 14.3
CH
Givaudan SA
SIX:GIVN
29.4B CHF 3.9 26.9 18.3 23
CN
Wanhua Chemical Group Co Ltd
SSE:600309
246.4B CNY 1.4 22.2 21.7 21.7
IN
Asian Paints Ltd
NSE:ASIANPAINT
2.6T INR 7.7 67.8 41.9 51.5
DK
Novozymes A/S
CSE:NZYM B
165.6B DKK 9.3 54.8 28.9 37.9
US
PPG Industries Inc
NYSE:PPG
24.5B USD 1.7 24.6 11.2 13.8
CH
Sika AG
F:SIKA
19.9B EUR 1.3 12 8.8 11.1
CH
DSM-Firmenich AG
AEX:DSFIR
18.1B EUR 1.4 72.4 10.7 36.5
P/E Multiple
Earnings Growth PEG
AU
First Graphene Ltd
ASX:FGR
Average P/E: 37.6
Negative Multiple: -12.8 		N/A N/A
US
Sherwin-Williams Co
NYSE:SHW
34.3
9%
3.8
US
Ecolab Inc
NYSE:ECL
39.3
9%
4.4
JP
Shin-Etsu Chemical Co Ltd
TSE:4063
21.4
8%
2.7
CH
Givaudan SA
SIX:GIVN
26.9
6%
4.5
CN
Wanhua Chemical Group Co Ltd
SSE:600309
22.2
12%
1.9
IN
Asian Paints Ltd
NSE:ASIANPAINT
67.8
15%
4.5
DK
Novozymes A/S
CSE:NZYM B
54.8
N/A N/A
US
PPG Industries Inc
NYSE:PPG
24.6
22%
1.1
CH
Sika AG
F:SIKA
12
6%
2
CH
D
DSM-Firmenich AG
AEX:DSFIR
72.4
68%
1.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
AU
First Graphene Ltd
ASX:FGR
Average EV/EBITDA: 19.7
Negative Multiple: -16.5 		N/A N/A
US
Sherwin-Williams Co
NYSE:SHW
22.9
7%
3.3
US
Ecolab Inc
NYSE:ECL
22.4
9%
2.5
JP
Shin-Etsu Chemical Co Ltd
TSE:4063
10.4
4%
2.6
CH
Givaudan SA
SIX:GIVN
18.3
5%
3.7
CN
Wanhua Chemical Group Co Ltd
SSE:600309
21.7
33%
0.7
IN
Asian Paints Ltd
NSE:ASIANPAINT
41.9
11%
3.8
DK
Novozymes A/S
CSE:NZYM B
28.9
N/A N/A
US
PPG Industries Inc
NYSE:PPG
11.2
4%
2.8
CH
Sika AG
F:SIKA
8.8
4%
2.2
CH
D
DSM-Firmenich AG
AEX:DSFIR
10.7
7%
1.5
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
AU
First Graphene Ltd
ASX:FGR
Average EV/EBIT: 26.7
Negative Multiple: -16.5 		N/A N/A
US
Sherwin-Williams Co
NYSE:SHW
26.9
8%
3.4
US
Ecolab Inc
NYSE:ECL
30
12%
2.5
JP
Shin-Etsu Chemical Co Ltd
TSE:4063
14.3
N/A N/A
CH
Givaudan SA
SIX:GIVN
23
5%
4.6
CN
Wanhua Chemical Group Co Ltd
SSE:600309
21.7
8%
2.7
IN
Asian Paints Ltd
NSE:ASIANPAINT
51.5
11%
4.7
DK
Novozymes A/S
CSE:NZYM B
37.9
N/A N/A
US
PPG Industries Inc
NYSE:PPG
13.8
5%
2.8
CH
Sika AG
F:SIKA
11.1
5%
2.2
CH
D
DSM-Firmenich AG
AEX:DSFIR
36.5
36%
1

See Also

Summary
FGR intrinsic value, competitors valuation, and company profile.
DCF Valuation
FGR stock valuation using Discount Cash Flow valuation method.
Relative Valuation
FGR stock valuation using valuation multiples.
Wall Street Estimates
FGR price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
FGR stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Back to Top
ALPHA SPREAD
Follow us
Join more than 310,100+ value investors using Alpha Spread
Create Free Account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2026 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.