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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

P/E

7.1
Current
15%
Cheaper
vs 3-y average of 8.4

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
7.1
=
Market Cap
AU$3.7B
/
Net Income
AU$473.9m

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
7.1
=
Market Cap
AU$3.7B
/
Net Income
AU$473.9m

Valuation Scenarios

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

If P/E returns to its 3-Year Average (8.4), the stock would be worth AU$3.48 (18% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+213%
Average Upside
108%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple 7.1 AU$2.96
0%
3-Year Average 8.4 AU$3.48
+18%
5-Year Average 7.3 AU$3.04
+3%
Industry Average 21.3 AU$8.84
+199%
Country Average 22.3 AU$9.24
+213%

Forward P/E
Today’s price vs future net income

Today's Market Cap Net Income Forward P/E
AU$3.7B
/
Jan 2026
AU$473.9m
=
7.1
Current
AU$3.7B
/
Dec 2026
AU$1.1B
=
3.3
Forward
AU$3.7B
/
Dec 2027
AU$1.1B
=
3.4
Forward
AU$3.7B
/
Dec 2028
AU$1.2B
=
3.2
Forward
AU$3.7B
/
Dec 2029
AU$1.6B
=
2.3
Forward

Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.

Market Distribution

Lower than 93% of companies in Australia
Percentile
7th
Based on 1 271 companies
7th percentile
7.1
Low
0 — 15.9
Typical Range
15.9 — 36.3
High
36.3 —
Distribution Statistics
Australia
Min 0
30th Percentile 15.9
Median 22.3
70th Percentile 36.3
Max 5 709.2

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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