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STOCK COMPARISON

Cokal vs Warrior Met Coal: Fair Value & Quality

Both stocks run through our valuation models. Here is how Cokal (CKA) and Warrior Met Coal (HCC) compare, as of Sep 25, 2026.

As of Sep 25, 2026, Fair Value Calculator sees Warrior Met Coal as the less overvalued of the two: Cokal trades at A$0.05 versus a fair value of A$0.01 (-80%), while Warrior Met Coal trades at $88.95 versus $28.76 (-68%).
Cokal
CKA.AU · AUD · Materials
-80%
upside to fair value
overvalued
PriceA$0.05
Fair ValueA$0.01
Quality17/100
Warrior Met Coal
HCC · USD · Materials
-68%
upside to fair value
overvalued
Price$88.95
Fair Value$28.76
Quality39/100
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Head-to-head numbers

Green is the better side of a row, red the weaker one (for valuation multiples: lower = cheaper). Grey rows are for reference only and are not scored.

betterweakerfor reference, not scored

CokalWarrior Met Coal
Valuation
n/aP/E (TTM)21.4×
n/aForward P/E (FY2026)14.0×
11.59×P/S (TTM)3.30×
Negative equityP/B2.59×
n/aEV/EBITDA12.2×
−79.6%Fair value upside−67.7%
n/aDividend yield0.4%
n/aDividend per share$0.32
Profitability
-89%Operating margin19%
Negative equityReturn on equity10%
-3%Return on assets5%
Growth
7%Revenue growth (YoY)71%
398.3%Avg. growth/yr (3Y)-9.0%
-18.5%Avg. growth/yr (5Y)10.8%
n/aValue creation/yr−24.0%
Balance & size
n/aInterest coverage (EBIT/interest)4.7×
Negative equityDebt / equity0.07×
$41MMarket cap$6B
weakGrowth qualityweak

Warrior Met Coal leads: 1 to 5 metric wins.

n/a = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Cokalof which business quality 17 · market factors 55 Warrior Met Coalof which business quality 41 · market factors 61
ProfitabilityMargins and returns on capital today
0
23
Quality GrowthAre margins and returns improving?
29
0
CashflowEarnings quality: real cash, not paper profit
0
41
Fin. StrengthBalance sheet, leverage, solvency risk
4
73
InvestmentDisciplined investing over empire-building
43
25
Low VolatilityCalm price path (market factor)
50
55
MomentumPrice trend over the last 3–12 months (market factor)
61
61
52W MomentumDistance to the 52-week high (market factor)
51
69
Net IssuanceShare count: buybacks or dilution?
57
77

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyCokalPrice A$0.05Warrior Met CoalPrice $88.95
Earnings-Basedn/a-86%below the price$12.75
Dividend Discountn/a-95%below the price$4.13
Multiplesn/a-81%below the price$16.60
Asset-Basedn/a-69%below the price$27.17
Economic Profitn/a-78%below the price$19.16
Growth Earningsn/a-84%below the price$14.38
Minimumn/a-95%below the price$4.13
Maximumn/a-69%below the price$27.17
Mediann/a-83%below the price$15.49
Geometric meann/a-85%below the price$13.67

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

Warrior Met Coal: 14 of 14 models see the stock below the current price.

Scenario ranges

From our cautious bear scenario to the optimistic bull scenario. The white tick is the current price (value above it), the green tick the fair value (value below it): if the price sits left of the fair value, there is room to rise.

Warrior Met Coal
Price $88.95
Fair Value $28.76
Bear $20.50Bull $37.40

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Cokal · Materials

Quality score17 · bottom 25%
Fair value upside-80% · bottom 25%

Warrior Met Coal · Materials

Quality score39 · below median
Fair value upside-68% · bottom 25%

Bottom line

As of Sep 25, 2026, Fair Value Calculator sees Warrior Met Coal as the less overvalued of the two: Cokal trades at A$0.05 versus a fair value of A$0.01 (-80%), while Warrior Met Coal trades at $88.95 versus $28.76 (-68%).

Warrior Met Coal has the higher quality score (39/100).

Open Warrior Met Coal live analysis →

More comparisons

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A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.