PLS 0.34% $2.99 pilbara minerals limited

it's not US$444 you have to include Royalties which is $564then...

  1. 14,055 Posts.
    lightbulb Created with Sketch. 71

    it's not US$444
    you have to include Royalties which is $564
    then you have add in All In Sustaining Costs (AISC) I discovered the other day and that adds another 30%
    So all up total costs are most likely US$733
    spod price - aisc = profits
    ie $1,000 - $733 = $267
    1000 kmt x $267 = US$267m
    EPS = US$267m / no of shareholders ie 3 bn = 9 cents
    convert it to A$
    eps = 14c
    PE = $2.97/.14 = 21
    todays price = PE x EPS = 21x.14 = $2.94
    to get a valuation based on growth don't look at price. Price will stay the same for years due to oversupply. Use production
    Growth from 660 kmt to 2000kmt over 5 years = 25%
    use PEG = 1 to work out if whether PLS is under valued or over valued
    ie 21/25 = .84
    .84 < 1 so undervalued
    then use PEG = 1 to get fair value
    make PE = Growth = 25
    PEx eps = fair value
    25 x 0.14 = $3.50

    but we are not likely to get fair value now because the share price is controlled by sentiment

    Last edited by kennethgalbraith: 02/07/24
 
watchlist Created with Sketch. Add PLS (ASX) to my watchlist
(20min delay)
Last
$2.99
Change
0.010(0.34%)
Mkt cap ! $9.000B
Open High Low Value Volume
$2.93 $3.01 $2.89 $104.7M 35.12M

Buyers (Bids)

No. Vol. Price($)
3 11874 $2.98
 

Sellers (Offers)

Price($) Vol. No.
$2.99 65336 3
View Market Depth
Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
PLS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.