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Australian Pacific Coal Limited (AQC) Fair Value & Analysis

Energy · AU · Market cap A$4.2M

AP Australian Pacific Coal Limited AQC · AU
PriceA$0.0065
Fair ValueA$0.0056
Upside-13.9%
Quality9/100
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Mixed Growth
Thin margins · 0.0% net margin
High debt · negative free cash flow
Trails peers (1/7)
Narrow moat 16/100
Evidence: Low Range A$0.0054 – A$0.0058 Share as image

Fair value as of: Jul 16, 2026

From 1 valuation models · updated 25 days ago

Below-average quality, and screening another 14% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (A$0.0058). The favourable scenario is already priced in.
  • The models converge in a tight band (A$0.0054 to A$0.0058), unusually little disagreement for a valuation.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
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Price vs Fair Value (5 years)

A$0.6618 A$0.0050 Fair Value A$0.0056 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range A$0.0050 – A$0.6618 · fair‑value band A$0.0054 – A$0.0058 · the A$0.0065 price screens above the A$0.0056 fair value. Dashed = 300-day average. As of Jul 16, 2026.

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Analysis

Australian Pacific Coal Limited (AQC) currently trades at A$0.0065, while our model-based Fair Value estimate is A$0.0056, implying the stock looks roughly 13.9% overvalued today. The Quality Score stands at 9/100 (below-average quality), in the Energy sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).

Revenue declined 70.8% year over year. Net debt stands at A$35.1M. Fundamentals as of Jul 16, 2026

Our scenario range runs from A$0.0054 (bear case) to A$0.0058 (bull case); at A$0.0065, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. For context, the median of 10 Energy peers we cover trades at -12% fair-value upside, at -14%, AQC screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model 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. Evidence
Highest evidence
NCAV (Graham) A$0.0100 A$0.0200 A$0.0300 50
All 1 models by family
Asset-Based
NCAV (Graham) A$0.0100 A$0.0200 A$0.0300 50

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Key figures & financial health

Revenue (TTM) −A$1.7M
Revenue growth (YoY) -70.8%
Return on equity -996%
Free cash flow −A$61.7M FY2024
Operating margin -3,549%
EPS (TTM) A$-0.1000
More key figures
Net debt A$35.1M FY2024

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 9/100

Of which business quality 15 · Market factors (momentum, volatility) 32

Profitability 0
Margins and returns on capital today
Quality Growth 30
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 18
Balance sheet, leverage, solvency risk
Investment 0
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 33
Price trend over the last 3–12 months (market factor)
52W Momentum 8
Distance to the 52-week high (market factor)
Net Issuance 0
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Australian Pacific Coal Limited acquires, explores for, and develops thermal and metallurgical coal prospects in Australia. It holds 100% interests in the Dartbrook coal project covering an area of approximately 3,268 hectares located in the coal region of the Hunter Valley, New South Wales; and the Matuan Downs bentonite project located in Queensland.

Full company description

Australian Pacific Coal Limited acquires, explores for, and develops thermal and metallurgical coal prospects in Australia. It holds 100% interests in the Dartbrook coal project covering an area of approximately 3,268 hectares located in the coal region of the Hunter Valley, New South Wales; and the Matuan Downs bentonite project located in Queensland. Australian Pacific Coal Limited is headquartered in Brisbane, Australia.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

Australian Pacific Coal Limited reported revenue of A$301K in FY2024 versus A$388K in FY2020, a compound −6.1%/yr. Reported net income was −A$12.6M in FY2024.

Growth Quality 6/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2024)
A$301K
Latest YoY
−5.8%
Avg. growth/yr (3Y) 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.
−5.0%
Avg. growth/yr (5Y) 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.
+6.4%
Avg. growth/yr (23Y) 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.
−3.2%
Revenue −6.1%/yr
FY20 A$388K
FY21 A$351K
FY22 A$55.3K
FY23 A$320K
FY24 A$301K
Net income
FY20 −A$12.9M
FY21 −A$23.7M
FY22 −A$11.5M
FY23 −A$12.5M
FY24 −A$12.6M

AQC screens 14% overvalued. Compare with China Shenhua Energy Company →

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Cite: Fair Value Calculator (2026). "Australian Pacific Coal Limited Fair Value". https://www.fairvalue-calculator.com/stock/AQC

Peer Group

Thermal Coal · 101 stocks

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.

Quality Score 9 · Bottom 25%
Fair Value upside −14% · Below median
Return on assets -24% · Bottom 25%
Net margin (TTM) 0% · Below median
Revenue growth -71% · Bottom 25%
Debt / equity 2.66× · Higher than 75% of peers

Valuation Multiples vs Thermal Coal median · lower = cheaper

P/B 0.16× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 15 · sector 22
FUTURE 0 · sector 0
PAST 0 · sector 21
HEALTH 0 · sector 92
DIVIDEND 0 · sector 31

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

Coal Oil & gas

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Thermal Coal stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

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Frequently asked questions

Is Australian Pacific Coal Limited (AQC) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of A$0.0056 versus a price of A$0.0065, about −14% (overvalued).
What is the fair value of AQC?
Our model-based fair value for Australian Pacific Coal Limited is A$0.0056 (as of Jul 16, 2026), built from audited fundamentals. The current price is A$0.0065.
What is the quality score of AQC?
Australian Pacific Coal Limited has a Quality Score of 9/100. 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 net profit margin of AQC?
The net profit margin of Australian Pacific Coal Limited is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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