Fairvalue-Calculator Fairvalue-Calculator
EN DE

Bulletin Resources Limited (BNR) Fair Value & Analysis

Basic Materials · AU · Market cap A$12.3M

BR Bulletin Resources Limited BNR · AU
PriceA$0.0400
Fair ValueA$0.0640
Upside+60.0%
Quality95/100
Evidence: Medium Range A$0.0560 – A$0.0840

Fair value as of: Jun 26, 2026

From 10 valuation models · updated 3 days ago

Fair value updated Jun 26, 2026 — revised from A$0.1000 to A$0.0640 (−36.0%) since Jun 25, 2026. Share price −13.3% over the past month.

Price vs Fair Value (12 months)

A$0.0708 A$0.0369 Fair Value A$0.0640 Jun 2025 Jun 2026

12‑month range A$0.0369 – A$0.0708 · fair‑value band A$0.0560 – A$0.0840 · the A$0.0400 price screens below the A$0.0640 fair value. As of Jun 26, 2026.

✦ Which stocks are undervalued right now? Check free Discover now →

Analysis

Bulletin Resources Limited (BNR) currently trades at A$0.0400, while our model-based Fair Value estimate is A$0.0640 — implying the stock looks roughly 60.0% undervalued today. We read business quality at 95/100 (high quality), in the Basic Materials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium) — always confirm before acting.

Trailing-twelve-month revenue stands at A$533K. It earns a return on equity of 40.6%. The balance sheet holds a net cash position of A$8.2M. The stock trades on a trailing P/E of 2.1. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) A$533K
Revenue growth (YoY) +1,138%
Net margin 1,175%
Return on equity 40.6%
Free cash flow −A$1.2M FY2025
P/E ratio 2.1
More key figures
Operating margin -54.7%
EPS (TTM) A$0.0200
EPS growth (YoY) +3,093%
Net cash A$8.2M FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

Bulletin Resources Limited, together with its subsidiaries, operates as a mineral exploration company in Australia. It explores for gold, lithium, and nickel deposits. The company was formerly known as Bulletin Resources Pty Ltd and changed its name to Bulletin Resources Limited in December 2010. Bulletin Resources Limited was incorporated in 2010 and is headquartered in Perth, Australia.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Bulletin Resources Limited reported revenue of A$318K in FY2025 versus A$1.9M in FY2021, a compound −35.6%/yr. Reported net income was A$1.7M in FY2025, compounding −16.3%/yr from FY2021.

Revenue −35.6%/yr
FY21 A$1.9M
FY22 A$358K
FY23 A$3.1M
FY24 A$211K
FY25 A$318K
Net income −16.3%/yr
FY21 A$3.6M
FY22 A$463K
FY23 A$564K
FY24 −A$647K
FY25 A$1.7M

Open the full interactive analysis →

Similar stocks

6 more Gold stocks, each showing price versus our Fair Value estimate (as of Jun 26, 2026).

Stock Price Fair Value vs Fair Value
Newmont Corporation NEMCL $112.00 $132.73 +19%
Zijin Mining Group 601899 ¥29.63 ¥43.68 +47%
Agnico Eagle Mines Limited AEM $160.16 $151.68 -5%
Barrick Mining Corporation B $40.14 $64.02 +59%
Wheaton Precious Metals Corp SII €113.40 €44.65 -61%
AngloGold Ashanti plc AU $91.85 $136.63 +49%

Explore undervalued stocks

More undervalued Basic Materials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap Stocks

Frequently asked questions

Is Bulletin Resources Limited (BNR) undervalued?
As of Jun 26, 2026, our model estimates a fair value of A$0.0640 versus a price of A$0.0400 — about +60% (undervalued). Model-based estimate, not financial advice.
What is the fair value of BNR?
Our 21-model fair value for Bulletin Resources Limited is A$0.0640 (as of Jun 26, 2026), built from audited fundamentals. The current price is A$0.0400.
What is the quality score of BNR?
Bulletin Resources Limited has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Bulletin Resources Limited (BNR)?
Bulletin Resources Limited reported trailing-twelve-month revenue of about A$533K (latest available figure, as of Jun 26, 2026).

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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.