Minerals 260 Ltd
ASX:MI6
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
Johnson & Johnson
NYSE:JNJ
|
US |
|
Berkshire Hathaway Inc
NYSE:BRK.A
|
US |
|
Bank of America Corp
NYSE:BAC
|
US |
|
Mastercard Inc
NYSE:MA
|
US |
|
UnitedHealth Group Inc
NYSE:UNH
|
US |
|
Exxon Mobil Corp
NYSE:XOM
|
US |
|
Pfizer Inc
NYSE:PFE
|
US |
|
Nike Inc
NYSE:NKE
|
US |
|
Visa Inc
NYSE:V
|
US |
|
Alibaba Group Holding Ltd
NYSE:BABA
|
CN |
|
JPMorgan Chase & Co
NYSE:JPM
|
US |
|
Coca-Cola Co
NYSE:KO
|
US |
|
Verizon Communications Inc
NYSE:VZ
|
US |
|
Chevron Corp
NYSE:CVX
|
US |
|
Walt Disney Co
NYSE:DIS
|
US |
|
PayPal Holdings Inc
NASDAQ:PYPL
|
US |
EV/IC
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.
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.
Valuation Scenarios
If EV/IC returns to its 3-Year Average (31), the stock would be worth AU$2.67 (271% upside from current price).
| Scenario | EV/IC Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 8.3 | AU$0.72 |
0%
|
| 3-Year Average | 31 | AU$2.67 |
+271%
|
| 5-Year Average | 7.8 | AU$0.67 |
-6%
|
| Industry Average | 2.4 | AU$0.2 |
-72%
|
| Country Average | 1.7 | AU$0.15 |
-79%
|
Forward EV/IC
Today’s price vs future invested capital
Peer Comparison
| Market Cap | EV/IC | P/E | ||||
|---|---|---|---|---|---|---|
| AU |
|
Minerals 260 Ltd
ASX:MI6
|
1.5B AUD | 8.3 | -46.6 | |
| AU |
|
BHP Group Ltd
ASX:BHP
|
279B AUD | 2.2 | 19.2 | |
| AU |
|
Rio Tinto Ltd
ASX:RIO
|
279.2B AUD | 2.4 | 19.9 | |
| UK |
|
Rio Tinto PLC
LSE:RIO
|
120.1B GBP | 1.5 | 15.9 | |
| CH |
|
Glencore PLC
LSE:GLEN
|
66.1B GBP | 1.6 | 241.2 | |
| MX |
|
Grupo Mexico SAB de CV
BMV:GMEXICOB
|
1.5T MXN | 2.9 | 17.2 | |
| SA |
|
Saudi Arabian Mining Company SJSC
SAU:1211
|
248.9B SAR | 2.6 | 33.9 | |
| CN |
|
CMOC Group Ltd
SSE:603993
|
398.4B CNY | 2.4 | 19.6 | |
| UK |
|
Anglo American PLC
LSE:AAL
|
42.3B GBP | 1.5 | -15 | |
| CN |
C
|
China Molybdenum Co Ltd
OTC:CMCLF
|
45.9B USD | 1.9 | 15.5 | |
| ZA |
A
|
African Rainbow Minerals Ltd
JSE:ARI
|
43B ZAR | 0.5 | 33.3 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.1 |
| Median | 1.7 |
| 70th Percentile | 3.5 |
| Max | 3 073.7 |
Other Multiples
Minerals 260 Ltd
Glance View
Minerals 260 Ltd. operates as a blank check company. The company is headquartered in Perth, Western Australia. The company went IPO on 2021-10-12. The firm's primary projects inlcude Moora Project and the Koojan JV Project. The Projects are at early stages of exploration. The Moora Project is located 140 kilometer (km) north-east of Perth, Western Australia. The Moora Project covers a contiguous area of 468km square (km2) and comprises three granted Exploration Licenses including E70/5217, E70/5286 and E70/5287. The Koojan JV Project is located in the New Norcia region of Western Australia. The Koojan JV Project covers a largely contiguous area of 600km2 and comprises six granted Exploration Licenses including E70/5337, E70/5312, E70/5429, E70/5450, E70/5515 and E70/5516. The Company’s other project includes Dingo Rocks Project and the Yalwest Project. Its Dingo Rocks Project is an early-stage exploration project, focused on precious and base metals, within the Esperance region of Western Australia.
