True North Copper Ltd
ASX:TNC

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True North Copper Ltd
ASX:TNC
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Price: 0.3025 AUD -11.03% Market Closed
Market Cap: AU$46.1m

Relative Value

The Relative Value of one TNC stock under the Base Case scenario is 0.294 AUD. Compared to the current market price of 0.3025 AUD, True North Copper Ltd is Overvalued by 3%.

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.

TNC Relative Value
Base Case
0.294 AUD
Overvaluation 3%
Relative Value
Price
Worst Case
Base Case
Best Case

Multiples Across Competitors

TNC Competitors Multiples
True North Copper Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
True North Copper Ltd
ASX:TNC
43.8m AUD 96.6 -6.4 -4.1 -4.1
AU
BHP Group Ltd
ASX:BHP
239.2B AUD 3.2 17 6.6 8.3
AU
Rio Tinto Ltd
ASX:RIO
234.5B AUD 3 17.1 7.2 9.9
UK
Rio Tinto PLC
LSE:RIO
101.5B GBP 2.4 13.8 6.7 9.2
CH
Glencore PLC
LSE:GLEN
61.1B GBP 0.3 221.2 10.8 34.5
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
1.3T MXN 4.4 15.8 8.1 9.3
SA
Saudi Arabian Mining Company SJSC
SAU:1211
248.9B SAR 6.5 33.9 18.1 25.9
CN
CMOC Group Ltd
SSE:603993
352.8B CNY 1.7 18.1 10.1 10.1
CN
China Molybdenum Co Ltd
OTC:CMCLF
47.7B USD 1.6 16.8 9.3 9.3
UK
Anglo American PLC
LSE:AAL
33.8B GBP 2.6 -12.9 9 14.3
ZA
African Rainbow Minerals Ltd
JSE:ARI
42.2B ZAR 3 32.3 -66.9 -66.9
P/E Multiple
Earnings Growth PEG
AU
True North Copper Ltd
ASX:TNC
Average P/E: 42.9
Negative Multiple: -6.4
N/A N/A
AU
BHP Group Ltd
ASX:BHP
17
10%
1.7
AU
Rio Tinto Ltd
ASX:RIO
17.1
13%
1.3
UK
Rio Tinto PLC
LSE:RIO
13.8
12%
1.2
CH
Glencore PLC
LSE:GLEN
221.2
159%
1.4
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
15.8
3%
5.3
SA
Saudi Arabian Mining Company SJSC
SAU:1211
33.9
N/A N/A
CN
CMOC Group Ltd
SSE:603993
18.1
30%
0.6
CN
C
China Molybdenum Co Ltd
OTC:CMCLF
16.8
30%
0.6
UK
Anglo American PLC
LSE:AAL
Negative Multiple: -12.9 N/A N/A
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
32.3
149%
0.2
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
AU
True North Copper Ltd
ASX:TNC
Average EV/EBITDA: 9.5
Negative Multiple: -4.1
N/A N/A
AU
BHP Group Ltd
ASX:BHP
6.6
5%
1.3
AU
Rio Tinto Ltd
ASX:RIO
7.2
8%
0.9
UK
Rio Tinto PLC
LSE:RIO
6.7
8%
0.8
CH
Glencore PLC
LSE:GLEN
10.8
24%
0.4
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
8.1
6%
1.3
SA
Saudi Arabian Mining Company SJSC
SAU:1211
18.1
N/A N/A
CN
CMOC Group Ltd
SSE:603993
10.1
30%
0.3
CN
C
China Molybdenum Co Ltd
OTC:CMCLF
9.3
30%
0.3
UK
Anglo American PLC
LSE:AAL
9
21%
0.4
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Negative Multiple: -66.9 N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
AU
True North Copper Ltd
ASX:TNC
Average EV/EBIT: 14.5
Negative Multiple: -4.1
N/A N/A
AU
BHP Group Ltd
ASX:BHP
8.3
6%
1.4
AU
Rio Tinto Ltd
ASX:RIO
9.9
9%
1.1
UK
Rio Tinto PLC
LSE:RIO
9.2
8%
1.1
CH
Glencore PLC
LSE:GLEN
34.5
51%
0.7
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
9.3
7%
1.3
SA
Saudi Arabian Mining Company SJSC
SAU:1211
25.9
4%
6.5
CN
CMOC Group Ltd
SSE:603993
10.1
25%
0.4
CN
C
China Molybdenum Co Ltd
OTC:CMCLF
9.3
25%
0.4
UK
Anglo American PLC
LSE:AAL
14.3
24%
0.6
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Negative Multiple: -66.9 N/A N/A
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Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

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