Fairvalue-Calculator Fairvalue-Calculator
EN DE

Capricorn Metals Ltd (CMM) Fair Value & Analysis

Basic Materials · AU · Market cap A$5.8B

CM Capricorn Metals Ltd CMM · AU
PriceA$13.30
Fair ValueA$5.59
Upside-58.0%
Quality95/100
Evidence: High Range A$4.19 – A$8.89

Fair value as of: Jun 24, 2026

From 26 valuation models · updated 6 days ago

Fair value updated Jun 24, 2026 — revised from A$9.45 to A$5.59 (−40.8%) since Jun 23, 2026. Share price −10.4% over the past month.

Price vs Fair Value (12 months)

A$16.82 A$9.24 Fair Value A$5.59 Jun 2025 Jun 2026

12‑month range A$9.24 – A$16.82 · fair‑value band A$4.19 – A$8.89 · the A$13.30 price screens above the A$5.59 fair value. As of Jun 24, 2026.

✦ Find undervalued quality stocks — 35,000+ analysed Find stocks →

Analysis

Capricorn Metals Ltd (CMM) currently trades at A$13.30, while our model-based Fair Value estimate is A$5.59 — implying the stock looks roughly 58.0% overvalued today. We read business quality at 95/100 (high quality), in the Basic Materials 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: high).

Over the trailing twelve months, Capricorn Metals Ltd generated revenue of A$647M at a net margin of 35.9%. Revenue grew 62.8% year over year. It earns a return on equity of 25.8%. The balance sheet holds a net cash position of A$324M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) A$647M
Revenue growth (YoY) +62.8%
Net margin 35.9%
Return on equity 25.8%
Free cash flow A$162M FY2025
P/E ratio 23.6
More key figures
Operating margin 53.6%
EPS (TTM) A$0.5400
Dividend yield 0.4%
EPS growth (YoY) +157%
Net cash A$324M FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Capricorn Metals Ltd, together with its subsidiaries, explores, develops, evaluates, and produces gold in Australia. It operates through the Karlawinda Gold Project and the Mt Gibson Gold Project segments. The company holds 100% interest in the Karlawinda gold project located in the Pilbara region of Western Australia; and the Mt Gibson Gold Project located in the Murchison region of Western Australia. It also operates commercial properties. The company was formerly known as Malagasy Minerals Limited and changed its name to Capricorn Metals Limited in February 2016. Capricorn Metals Ltd was incorporated in 2006 and is headquartered in West Perth, Australia.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Capricorn Metals Ltd reported revenue of A$518M in FY2025 versus A$110K in FY2021, a compound +728.3%/yr. Reported net income was A$150M in FY2025.

Revenue +728.3%/yr
FY21 A$110K
FY22 A$287M
FY23 A$321M
FY24 A$360M
FY25 A$518M
Net income
FY21 −A$4.8M
FY22 A$89.5M
FY23 A$4.4M
FY24 A$87.1M
FY25 A$150M

Open the full interactive analysis →

Similar stocks

6 more Gold stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
Newmont Corporation NEMCL $112.00 $132.73 +19%
Zijin Mining Group 601899 ¥30.44 ¥62.26 +105%
Agnico Eagle Mines Limited AEM $176.75 $225.34 +27%
Barrick Mining Corporation B $37.19 $70.51 +90%
Wheaton Precious Metals Corp SII €105.35 €52.47 -50%
AngloGold Ashanti plc AU $86.23 $88.63 +3%

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 Capricorn Metals Ltd (CMM) undervalued?
As of Jun 24, 2026, our model estimates a fair value of A$5.59 versus a price of A$13.30 — about −58% (overvalued). Model-based estimate, not financial advice.
What is the fair value of CMM?
Our 21-model fair value for Capricorn Metals Ltd is A$5.59 (as of Jun 24, 2026), built from audited fundamentals. The current price is A$13.30.
What is the quality score of CMM?
Capricorn Metals Ltd has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Capricorn Metals Ltd (CMM)?
Capricorn Metals Ltd reported trailing-twelve-month revenue of about A$647M (latest available figure, as of Jun 24, 2026).
What is the net profit margin of CMM?
The net profit margin of Capricorn Metals Ltd is about 35.9%, meaning it keeps roughly 35.9% of revenue as net income. Based on the latest reported figures.
Does Capricorn Metals Ltd pay a dividend?
Capricorn Metals Ltd currently shows a dividend yield of about 0.37% relative to its recent price (as of Jun 24, 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.