Tanami Gold NL banner

Tanami Gold NL
ASX:TAM

Watchlist Manager
Tanami Gold NL Logo
Tanami Gold NL
ASX:TAM
Watchlist
Price: 0.093 AUD -2.11% Market Closed
Market Cap: AU$109.3m

EV/IC

2.9
Current
622%
More Expensive
vs 3-y average of 0.4

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
2.9
=
Enterprise Value
AU$91.4m
/
Invested Capital
AU$33m

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
2.9
=
Enterprise Value
AU$91.4m
/
Invested Capital
AU$33m

Valuation Scenarios

Tanami Gold NL is trading above its 3-year average

If EV/IC returns to its 3-Year Average (0.4), the stock would be worth AU$0.01 (86% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-86%
Maximum Upside
No Upside Scenarios
Average Downside
55%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 2.9 AU$0.09
0%
3-Year Average 0.4 AU$0.01
-86%
5-Year Average 0.7 AU$0.02
-75%
Industry Average 2.4 AU$0.08
-18%
Country Average 1.7 AU$0.06
-40%

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
Tanami Gold NL
ASX:TAM
109.3m AUD 2.9 -19.4
RU
Polyus PJSC
LSE:PLZL
70.4T USD 8 391.6 34 959.7
ZA
Gold Fields Ltd
JSE:GFI
636.8B ZAR 3.2 10.9
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
164.6B ZAR 1.6 10.1
CN
Zijin Mining Group Co Ltd
SSE:601899
885.4B CNY 2.3 14.4
US
Newmont Corporation
NYSE:NEM
118.3B USD 2.4 16.7
CA
Agnico Eagle Mines Ltd
TSX:AEM
127.7B CAD 2.9 20.4
CA
Barrick Gold Corp
TSX:ABX
89.4B CAD 1.5 13
CA
Barrick Mining Corp
F:ABR0
55.5B EUR 1.5 13.1
CA
Wheaton Precious Metals Corp
TSX:WPM
77.9B CAD 6.9 38.2
HK
Zijin Gold International Co Ltd
HKEX:2259
403.6B HKD 5.6 32.2

Market Distribution

In line with most companies in Australia
Percentile
66th
Based on 2 047 companies
66th percentile
2.9
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

Tanami Gold NL
Glance View

Market Cap
109.3m AUD
Industry
Metals & Mining

Tanami Gold NL engages in gold mining operations and mineral exploration. The company is headquartered in Perth, Western Australia. The firm is focused on developing Central Tanami Project in the Tanami Desert in the Northern Territory. Its exploration license area hosts in excess of 90 strike kilometers, which includes lode gold and tonnage deposits. The firm is principally focused on Central Tanami ground rush project (mineral leases (ML)22934). Its exploration programs are also focused on the extensions of known deposits within MLs, such as MLS153, MLS167, MLS168 and MLS180.

TAM Intrinsic Value
0.015 AUD
Overvaluation 84%
Intrinsic Value
Price AU$0.093
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett