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Kaiser Reef Ltd
ASX:KAU

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Kaiser Reef Ltd
ASX:KAU
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Price: 0.25 AUD -1.96% Market Closed
Market Cap: AU$151.3m

P/B

1.9
Current
58%
More Expensive
vs 3-y average of 1.2

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
1.9
=
Market Cap
AU$181.1m
/
Total Equity
AU$77.7m

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
1.9
=
Market Cap
AU$181.1m
/
Total Equity
AU$77.7m

Valuation Scenarios

Kaiser Reef Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (1.2), the stock would be worth AU$0.16 (37% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-37%
Maximum Upside
+69%
Average Upside
9%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.9 AU$0.25
0%
3-Year Average 1.2 AU$0.16
-37%
5-Year Average 1.2 AU$0.16
-35%
Industry Average 3.2 AU$0.42
+69%
Country Average 2.7 AU$0.35
+40%

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
Kaiser Reef Ltd
ASX:KAU
148.5m AUD 1.9 -28.7
RU
Polyus PJSC
LSE:PLZL
70.4T USD 13 054 34 959.7
ZA
Gold Fields Ltd
JSE:GFI
677.1B ZAR 4.9 11.6
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
172.5B ZAR 3.3 10.6
CN
Zijin Mining Group Co Ltd
SSE:601899
892.4B CNY 4.8 14.5
US
Newmont Corporation
NYSE:NEM
126.4B USD 3.5 16.8
CA
Agnico Eagle Mines Ltd
TSX:AEM
135B CAD 3.8 21.2
CA
Barrick Gold Corp
TSX:ABX
92.9B CAD 2.5 13.1
CA
Barrick Mining Corp
F:ABR0
57.7B EUR 2.5 13.2
CA
Wheaton Precious Metals Corp
TSX:WPM
84.5B CAD 6.7 39.8
HK
Zijin Gold International Co Ltd
HKEX:2259
422.9B HKD 6.5 33.8

Market Distribution

In line with most companies in Australia
Percentile
36th
Based on 2 062 companies
36th percentile
1.9
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

Kaiser Reef Ltd
Glance View

Market Cap
151.3m AUD
Industry
Metals & Mining

Kaiser Reef Ltd. engages in the exploration and development of Stuart Town Project, which covers gold mining activities. The company is headquartered in Perth, Western Australia. The company went IPO on 2020-02-28. The firm operates A1 mine in Victoria and exploring historic goldfields within the Lachlan Fold Belt in New South Wales and Victoria. The firm's projects include A1 Gold Mine, Maldon Goldfield, Porcupine Flat Processing Plant, Stuart Town Gold Project, and Macquarie North Project. The A1 Gold Mine Project is located in Eastern Victoria, approximately 23 kilometers south-southeast of Jamieson and 300 kilometers east of Maldon (by road). The Maldon Goldfield is located within the central portion of the Bendigo-Ballarat zone of the Lachlan Fold Belt. The Porcupine Flat Processing Plant is the Company's carbon-in-leach (CIL) gold processing facility located at Maldon. The Stuart Town Gold Project is located in the Lachlan Fold Belt. The company is a prospective for large scale intrusion related gold systems. The Macquarie North Project is located within the Lachlan Fold Belt.

KAU Intrinsic Value
1.01 AUD
Undervaluation 75%
Intrinsic Value
Price AU$0.25
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