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West African Resources Ltd
ASX:WAF

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West African Resources Ltd
ASX:WAF
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Price: 2.955 AUD -2.15% Market Closed
Market Cap: AU$3.4B

EV/GP

3.6
Current
22%
Cheaper
vs 3-y average of 4.5

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
3.6
=
Enterprise Value
AU$3.5B
/
Gross Profit
AU$882m

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
3.6
=
Enterprise Value
AU$3.5B
/
Gross Profit
AU$882m

Valuation Scenarios

West African Resources Ltd is trading below its 3-year average

If EV/GP returns to its 3-Year Average (4.5), the stock would be worth AU$3.78 (28% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+134%
Average Upside
58%
Scenario EV/GP Value Implied Price Upside/Downside
Current Multiple 3.6 AU$2.96
0%
3-Year Average 4.5 AU$3.78
+28%
5-Year Average 3.7 AU$3.06
+3%
Industry Average 8.3 AU$6.92
+134%
Country Average 5.8 AU$4.86
+64%

Forward EV/GP
Today’s price vs future gross profit

Not enough data available to calculate forward EV/GP

Peer Comparison

All Multiples
EV/GP
P/E
All Countries
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Market Distribution

In line with most companies in Australia
Percentile
32st
Based on 1 296 companies
32st percentile
3.6
Low
0 — 3.4
Typical Range
3.4 — 11.1
High
11.1 —
Distribution Statistics
Australia
Min 0
30th Percentile 3.4
Median 5.8
70th Percentile 11.1
Max 27 768.2

West African Resources Ltd
Glance View

In the heart of the African continent, West African Resources Ltd. stands as a testament to the potential of expertly managed natural resource exploration and mining. Founded with a vision to harness the wealth beneath the rugged terrains of Burkina Faso, the company embarked on an ambitious journey, driven by an impressive blend of engineering expertise and strategic leadership. At the core of its operations lies the Sanbrado Gold Project—a highly profitable endeavor that has become synonymous with West African Resources' success. By employing state-of-the-art extraction technologies and rigorous safety protocols, the company has strategically positioned itself to optimize gold output, ensuring a streamlined production process that meets global standards while remaining economically viable. West African Resources makes its money primarily by extracting and selling gold. The company's business model revolves around maximizing the yield from its rich deposits, ensuring the economic efficiency of its operations in a competitive market. They focus on maintaining cost-effective operations without compromising the quality of the extracted gold, thereby ensuring a stable cash flow. Their strategic investments in the region's untapped potential, coupled with their commitment to sustainable practices, allow them to capitalize on the prevailing demand for gold. By continually refining their approach and capital re-investment into future projects, West African Resources aims to cement its position as a leading gold producer not just in West Africa, but on the global stage.

WAF Intrinsic Value
7.521 AUD
Undervaluation 61%
Intrinsic Value
Price AU$2.955
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