Western Areas Ltd
XBER:FX9

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Western Areas Ltd
XBER:FX9
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Price: 2.564 EUR 1.75% Market Closed
Market Cap: €824.7m

EV/IC

1.5
Current
0%
Cheaper
vs 3-y average of 1.5

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
1.5
=
Enterprise Value
€1.1B
/
Invested Capital
AU$743.9m

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
1.5
=
Enterprise Value
€1.1B
/
Invested Capital
AU$743.9m

Valuation Scenarios

Western Areas Ltd is trading below its 3-year average

If EV/IC returns to its 3-Year Average (1.5), the stock would be worth €2.56 (0% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+58%
Average Upside
18%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 1.5 €2.56
0%
3-Year Average 1.5 €2.56
+0%
5-Year Average 1.5 €2.56
+0%
Industry Average 2.4 €4.05
+58%
Country Average 1.7 €2.94
+15%

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
Western Areas Ltd
XBER:FX9
1.2B EUR 1.5 53.9
AU
BHP Group Ltd
ASX:BHP
279B AUD 2.2 19.2
AU
Rio Tinto Ltd
ASX:RIO
279.2B AUD 2.4 19.9
UK
Rio Tinto PLC
LSE:RIO
120.1B GBP 1.5 15.9
CH
Glencore PLC
LSE:GLEN
66.1B GBP 1.6 241.2
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
1.5T MXN 2.9 17.2
SA
Saudi Arabian Mining Company SJSC
SAU:1211
248.9B SAR 2.6 33.9
CN
CMOC Group Ltd
SSE:603993
398.4B CNY 2.4 19.6
UK
Anglo American PLC
LSE:AAL
42.3B GBP 1.5 -15
CN
China Molybdenum Co Ltd
OTC:CMCLF
45.9B USD 1.9 15.5
ZA
African Rainbow Minerals Ltd
JSE:ARI
43B ZAR 0.5 33.3

Market Distribution

Lower than 74% of companies in Australia
Percentile
26th
Based on 2 047 companies
26th percentile
1
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

Western Areas Ltd
Glance View

Market Cap
824.7m EUR
Industry
Metals & Mining

Western Areas Ltd. engages in mining, processing, and sale of nickel sulphide concentrate. The company is headquartered in Perth, Western Australia. The company went IPO on 2000-07-28. The firm's principal activities include mining, processing and sale of nickel sulfide concentrates. The Company’s project includes Forrestania nickel, which is located approximately 400 kilometer (km) east of Perth in Western Australia. The firm's Forrestania project includes two nickel mines Flying Fox and Spotted Quoll. The firm holds the Cosmic Boy Concentrator, which treats the ore and produces nickel concentrate for sale. The firm also includes Cosmos Nickel Operation, which is located approximately 30 km north of Leinster. Its Cosmos lies in the heart of the prolific Leinster-Wiluna nickel camp. The firm is also developing nickel mine at the Odysseus Mine at its Cosmos Nickel Operation.

FX9 Intrinsic Value
Not Available
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