Gullewa Ltd (GUL) fair value: what the stock is really worth
As of Oct 29, 2026: fair value (intrinsic value) of Gullewa Ltd stock A$0.07, price A$0.06, upside +18.0%, quality 59 out of 100. Rating: undervalued. Calculated from audited financials with 20 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 4, 2026.
How to read this chart
60‑month range A$0.0346 – A$0.1120 · fair‑value band A$0.0608 – A$0.0856 · the A$0.0620 price screens below the A$0.0732 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 4, 2026.
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Gullewa Limited engages in the exploration, evaluation, and mining of mineral properties in Australia. The company operates in three segments: Exploration and Evaluation; Property Holding; and Investments. It explores for gold and base metal deposits.
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The company is also involved in land subdivision activity; acquires investment properties for development; and invests in shares of listed and unlisted entities, as well as involves in mineral royalties. Gullewa Limited was incorporated in 1953 and is based in Sydney, Australia.
Stock analysis
Gullewa Ltd (GUL) currently trades at A$0.0620, while our model-based Fair Value estimate is A$0.0732, implying the stock looks roughly 15% undervalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of A$0.2400 per share, and 13 of the 20 models we run sit above the A$0.0620 price.
Bear case: the Growth DCF group reads lowest at A$0.0450, and 7 of the 20 models stay below the price. Data coverage for this calculation is low.
Scenario range: A$0.0608 (bear) to A$0.0856 (bull), the price of A$0.0620 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 59/100 (solid quality), in the Basic Materials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Gullewa Ltd reported revenue of A$4.8M in FY2025 versus A$3.2M in FY2021, a compound +11.0%/yr. Reported net income was A$1.2M in FY2026, compounding −4.1%/yr from FY2022.
Key figures
Market cap A$14.8M (≈ $10.2M) Micro · P/E ratio 6.9 · P/S ratio 3.37 · Dividend yield 11.3% · Return on equity 4.2% · Return on assets (EBIT) −3.9% (5-year average) · Operating margin 32.6% · Revenue (TTM) A$4.0M.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 63 out of 100 (low confidence).
What moves the price
The share trades about 45% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −12% fair-value upside, at 18%, GUL screens cheaper than that median.
Fair Value models
BearA$0.0608Fair Value A$0.0732BullA$0.0856
Price A$0.0620 · Upside +18.0%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.61/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−2.2%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+6.3%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+13.8%
Start year 2020 (pandemic). Over 10 years: +34.6% a year
Revenue growth 24 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+5.9%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+2.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year−8.4%
Dividend (yield on the price)11.3%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.68% → −45%
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+9.2%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Australia: IMF forecast 3.0% a year to 2030, 2.9% from 2016 to 2025) that is about +6.1% a year for the price.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Gold · 206 stocks
Beats the industry median on 11/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score59 · Above median
Fair Value upside+18.1% · Top 25%
Profitability
Return on equity (12 months)4.2% · Below median
Return on assets5.2% · Above median
Net margin (12 months)30.1% · Above median
Operating margin (12 months)32.6% · Above median
Growth and dividend
Revenue growth (quarter YoY)−19.9% · Bottom 25%
Dividend yield (12 months)11.3% · Top 25%
Balance sheet
Debt / equity0.00× · Below median
Valuation Multiplesvs Gold median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Gullewa Ltd Fair Value". https://www.fairvalue-calculator.com/stock/GUL
Frequently asked questions
Is Gullewa Ltd (GUL) overvalued or undervalued?
As of Nov 4, 2026, our model estimates a fair value of A$0.0732 versus the last price from Oct 29, 2026 of A$0.0620, about +18% upside (undervalued).
What is the fair value of GUL?
Our model-based fair value for Gullewa Ltd is A$0.0732 (as of Nov 4, 2026), built from audited fundamentals. Last price (from Oct 29, 2026): A$0.0620.
What is the quality score of GUL?
Gullewa Ltd has a Quality Score of 59/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Gullewa Ltd (GUL)?
Our model-based price target is the fair value of A$0.0732 (as of Nov 4, 2026) from 20 valuation models. Cautious scenario A$0.0608, optimistic scenario A$0.0856. It is a calculation from audited fundamentals, not an analyst target.
What is the Gullewa Ltd stock forecast for 2026?
Our models put fair value at A$0.0732, about +18% upside versus the last price from Oct 29, 2026 of A$0.0620 (undervalued). Cautious scenario A$0.0608, optimistic scenario A$0.0856. The calculation is refreshed regularly with new filings.
What is the revenue of Gullewa Ltd (GUL)?
Gullewa Ltd reported trailing-twelve-month revenue of about A$4.0M (latest available figure, as of Nov 4, 2026).
Does Gullewa Ltd pay a dividend?
Gullewa Ltd currently shows a dividend yield of 11.28% relative to its recent price (as of Nov 4, 2026).
How much is the dividend of Gullewa Ltd (GUL)?
Gullewa Ltd has a dividend yield of 11.3%.
What growth is priced into Gullewa Ltd (GUL)?
For today's price to be fair in a discounted-cash-flow model, Gullewa Ltd would have to grow free cash flow by +9.2 % per year for five years (discount rate 8.4 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +13.8 % per year. As of Nov 4, 2026.
What discount rate (WACC) does the fair value of GUL use?
Our models discount Gullewa Ltd at 8.4 %: a base by market capitalisation (nano), damped by beta 0.52, country premium for Australia. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Gullewa Ltd that is +9.2 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (8.4 %) and the same formula as our fair value.
How much growth has Gullewa Ltd (GUL) delivered so far?
Over the past 5 years revenue at Gullewa Ltd grew +13.8 % a year. The price currently implies free-cash-flow growth of +9.2 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Gullewa Ltd (GUL) growing?
The median revenue growth in the sector is +9.8 % a year. That is the yardstick for the growth priced into Gullewa Ltd (+9.2 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Gullewa Ltd (GUL)?
The free-cash-flow yield on the price is 1.37 %: that much free cash flow Gullewa Ltd produces per unit of market value. When it exceeds the discount rate of our models (8.4 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Gullewa Ltd (GUL)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Gullewa Ltd it is A$0.0732 per share (as of Nov 4, 2026), against a price of A$0.0620. It is the blended result of 20 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Gullewa Ltd stock overvalued or undervalued in 2026?
As of Nov 4, 2026, GUL trades below its calculated fair value: price A$0.0620, fair value A$0.0732, a gap of about +18% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of GUL?
No. The price is what the market pays today (A$0.0620); the fair value is what the company's own numbers justify (A$0.0732). For Gullewa Ltd the two are A$0.0112 per share apart. That gap is exactly why we show both numbers side by side.
How much is Gullewa Ltd worth?
The market values Gullewa Ltd at about A$14.8M (market capitalisation, as of Nov 4, 2026). Per share that is A$0.0620; our models calculate a fair value of A$0.0732 per share.
What do the bullish and bearish scenarios say about GUL?
Our models span a range for Gullewa Ltd: cautious scenario A$0.0608, base A$0.0732, optimistic A$0.0856 per share (as of Nov 4, 2026, price A$0.0620). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of GUL?
Gullewa Ltd trades at a price-to-earnings ratio of 6.9 (as of Nov 4, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of A$0.0732 is built from several models across several years. Median P/E at fiscal year-end, 9 fiscal years (2018 to 2026), reported earnings: 8.8. Other multiples: P/B 0.5, P/S 2.5, EV/EBITDA 3.7.
How solid is the balance sheet of Gullewa Ltd (GUL)?
Balance-sheet figures for Gullewa Ltd (as of Nov 4, 2026): return on equity 4.2%, debt of 0.00 per unit of equity. They feed the Quality Score of 59/100, which measures business quality independently of the share price.
How far is GUL from its 52-week high?
Gullewa Ltd trades at A$0.0620, about 45% below its 52-week high of A$0.1120 and at the low of A$0.0620 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of A$0.0732 is for.
Which stocks are comparable to Gullewa Ltd?
From the same area (Basic Materials) we also value Newmont Corporation, Zijin Mining Group, Agnico Eagle Mines Limited, Wheaton Precious Metals Corp, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Gullewa Ltd stock attractive at the current price?
The data as of Nov 4, 2026: price A$0.0620, calculated fair value A$0.0732 (+18%), Quality Score 59/100, from 20 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of GUL calculated?
We run Gullewa Ltd through 20 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of A$0.0732 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Gullewa Ltd currently trades 15% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Gullewa Ltd (GUL)?
The latest price we hold is from Oct 29, 2026 and stands at A$0.0620. Our model-based fair value is A$0.0732, about +18% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Gullewa Ltd right now?
Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual. The price sits in the lower half of our model range, the side with the larger margin of safety. Read the verdict with care: some models are missing inputs, so the estimate scatters more than usual.
Key figures of Gullewa Ltd
How large is the market capitalisation of Gullewa Ltd (GUL)?
The market capitalisation of Gullewa Ltd is A$14.8M (≈ $10.2M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Gullewa Ltd (GUL)?
The price-to-sales ratio of Gullewa Ltd is 3.37 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the dividend yield of Gullewa Ltd (GUL)?
The dividend yield of Gullewa Ltd is 11.3%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the return on equity of Gullewa Ltd (GUL)?
The return on equity (ROE) of Gullewa Ltd is 4.2% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Gullewa Ltd (GUL)?
On an EBIT basis the return on assets of Gullewa Ltd is −3.9% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Gullewa Ltd (GUL)?
The operating margin of Gullewa Ltd is 32.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Gullewa Ltd (GUL)?
Revenue at Gullewa Ltd is growing −19.9% versus a year earlier (3y avg +6.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Gullewa Ltd (GUL)?
Earnings per share at Gullewa Ltd are growing −74.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Gullewa Ltd (GUL) hold?
Gullewa Ltd holds more cash than debt, A$3.0M net (fiscal year 2026). The company holds more cash than debt, a safety cushion.
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Thin data
Nov 4, 2026