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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: 3.02 AUD 2.37% Market Closed
Market Cap: AU$3.5B

EV/IC

1.6
Current
17%
More Expensive
vs 3-y average of 1.3

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
1.6
=
Enterprise Value
AU$3.5B
/
Invested Capital
AU$2.1B

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
1.6
=
Enterprise Value
AU$3.5B
/
Invested Capital
AU$2.1B

Valuation Scenarios

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

If EV/IC returns to its 3-Year Average (1.3), the stock would be worth AU$2.59 (14% downside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-14%
Maximum Upside
+51%
Average Upside
13%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 1.6 AU$3.02
0%
3-Year Average 1.3 AU$2.59
-14%
5-Year Average 1.6 AU$3.13
+4%
Industry Average 2.4 AU$4.57
+51%
Country Average 1.7 AU$3.32
+10%

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 Distribution

In line with most companies in Australia
Percentile
46th
Based on 2 047 companies
46th percentile
1.6
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

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
7.52 AUD
Undervaluation 60%
Intrinsic Value
Price AU$3.02
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