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GWR Group (GWR) Fair Value & Analysis

Basic Materials · AU · Market cap A$34.2M

GG GWR Group GWR · AU
PriceA$0.1400
Fair ValueA$0.2400
Upside+71.4%
Quality57/100
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Mixed Growth
Loss-making · -39.7% net margin
generates free cash flow
Trails peers (3/10)
Narrow moat 18/100
Evidence: High Range A$0.2400 – A$0.5500 Share as image

Fair value as of: Jul 20, 2026

From 19 valuation models · updated 21 days ago

Share price +40.0% over the past month.

A solid business, screening 71% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (A$0.2400). The market is more pessimistic than our downside scenario.
  • Solid quality (57/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (A$0.2400 to A$0.5500) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

A$0.4250 A$0.0520 Fair Value A$0.2400 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 20, 2026.

How to read this chart

60‑month range A$0.0520 – A$0.4250 · fair‑value band A$0.2400 – A$0.5500 · the A$0.1400 price screens below the A$0.2400 fair value. Dashed = 300-day average. As of Jul 20, 2026.

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Analysis

GWR Group (GWR) currently trades at A$0.1400, while our model-based Fair Value estimate is A$0.2400, implying the stock looks roughly 71.4% undervalued today. The Quality Score stands at 57/100 (solid 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: high), always confirm before acting.

Over the trailing twelve months, GWR Group generated revenue of A$1.6M at a net margin of -39.7%. Revenue declined 57.6% year over year. It earns a return on equity of -1.3%. The balance sheet holds a net cash position of A$38.8M. Fundamentals as of Jul 20, 2026

Our scenario range runs from A$0.2400 (bear case) to A$0.5500 (bull case); at A$0.1400, the current price sits below 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. The share trades about 20% below its 52-week high and 56% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -7% fair-value upside, at 71%, GWR screens cheaper 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
Residual Income A$0.1400 A$0.1800 A$0.5300 76
Growth DCF A$0.1500 A$0.1700 A$0.2000 72
Gordon GGM A$0.0100 A$0.0100 70
All 19 models by family
DCF Models
FCF DCF A$0.1500 A$0.1700 A$0.2100 38
5Y Revenue Exit A$0.1400 A$0.1500 A$0.1800 39
5Y P/E Exit A$0.3400 A$0.6800 A$1.15 38
10Y Revenue Exit A$0.1500 A$0.1700 A$0.1800 36
10Y P/E Exit A$0.2700 A$0.5400 A$0.9900 35
Earnings-Based
Graham-Dodd A$0.1700 A$1.22 A$1.71 54
Lynch FV A$0.6300 A$0.9000 A$1.17 50
PEG = 1.0 A$0.6300 A$0.9000 A$1.17 46
Dividend Discount
Gordon GGM A$0.0100 A$0.0100 70
DDM Multi-Stage A$0.0100 A$0.0100 61
Multiples
P/E Multiple A$0.3300 A$0.4400 A$0.5500 63
P/S Multiple A$0.0100 A$0.0200 A$0.0200 58
P/B Multiple A$0.3300 A$0.4400 A$0.5500 55
EV/Revenue A$0.1300 A$0.1400 A$0.1400 43
Asset-Based
NCAV (Graham) A$0.0700 A$0.1000 A$0.1500 50
Growth DCF
Growth DCF A$0.1500 A$0.1700 A$0.2000 72
Rev-Margin DCF A$0.1400 A$0.1600 A$0.1900 67
Economic Profit
Residual Income A$0.1400 A$0.1800 A$0.5300 76
Growth Earnings
Growth-Adj P/E A$0.7700 A$1.11 A$1.44 68

Widest divergence: Growth Earnings (A$1.11) versus Dividend Discount (A$0.0100). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) A$1.6M
Revenue growth (YoY) -57.6%
Net margin -39.7%
Return on equity -1.3%
Free cash flow A$976K FY2025
Operating margin -109%
More key figures
Net cash A$38.8M FY2025

Figures from reported company fundamentals · as of Jul 20, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 57/100

Of which business quality 63 · Market factors (momentum, volatility) 48

Profitability 50
Margins and returns on capital today
Quality Growth 75
Are margins and returns improving?
Cashflow 70
Earnings quality: real cash, not paper profit
Fin. Strength 75
Balance sheet, leverage, solvency risk
Investment 41
Disciplined investing over empire-building
Low Volatility 36
Calm price path (market factor)
Momentum 45
Price trend over the last 3–12 months (market factor)
52W Momentum 68
Distance to the 52-week high (market factor)
Net Issuance 56
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

GWR Group Limited explores for, evaluates, and develops mining projects in Australia. The company explores for magnesite, tungsten, and gold deposits. It holds a 70% interest in the Prospect Ridge Magnesite project located in Northwest Tasmania.

Full company description

GWR Group Limited explores for, evaluates, and develops mining projects in Australia. The company explores for magnesite, tungsten, and gold deposits. It holds a 70% interest in the Prospect Ridge Magnesite project located in Northwest Tasmania. The company was formerly known as Golden West Resources Limited and changed its name to GWR Group Limited in December 2013. GWR Group Limited was incorporated in 2002 and is based in West Perth, Australia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

GWR Group reported revenue of A$4.1M in FY2025 versus A$672 in FY2021, a compound +784.4%/yr. Reported net income was A$8.4M in FY2025, compounding +2.9%/yr from FY2021.

Growth Quality 67/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
A$4.1M
Latest YoY
+342.8%
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.
−67.7%
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.
+52.4%
Avg. growth/yr (20Y) 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.
+26.2%
Revenue +784.4%/yr
FY21 A$672
FY22 A$122M
FY23 A$16.7K
FY24 A$928K
FY25 A$4.1M
Net income +2.9%/yr
FY21 A$7.5M
FY22 −A$20.7M
FY23 A$55.6M
FY24 −A$21.1M
FY25 A$8.4M

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Cite: Fair Value Calculator (2026). "GWR Group Fair Value". https://www.fairvalue-calculator.com/stock/GWR

Peer Group

Steel · 378 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 57 · Top 25%
Fair Value upside +71% · Top 25%
Return on assets -1% · Bottom 25%
Net margin (TTM) -40% · Bottom 25%
Operating margin (TTM) -109% · Bottom 25%
Revenue growth -58% · Bottom 25%

Valuation Multiples vs Steel median · lower = cheaper

P/B 0.50× · Cheaper than median
P/S (TTM) 15.24× · Pricier than 75% of peers
P/FCF 24.7× · Pricier 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 100 · sector 19
FUTURE 0 · sector 4
PAST 0 · sector 15
HEALTH 0 · sector 95
DIVIDEND 0 · sector 41

Values & ESG

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

None of the checked exposures detected

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

Similar stocks

10 more Steel stocks, each showing price versus our Fair Value estimate (as of Jul 20, 2026).

Stock Price Fair Value vs Fair Value
Tata Steel Limited TTST $0.2010 $0.2000 -0%
JSW Steel Limited JSWSTEEL ₹1,227 ₹1,140 -7%
Baoshan Iron & Steel Co 600019 ¥5.89 ¥8.07 +37%
China Steel Corporation 2002A 38.55 TWD 8.74 TWD -77%
POSCO Holdings 005490 313,500 KRW 155,270 KRW -50%
Companhia Siderúrgica Nacional, SID 13,670 ARS 15,940 ARS +17%
Jindal Steel Limited JINDALSTEL ₹1,028 ₹545.12 -47%
Lloyds Metals and Energy Limited LLOYDSME ₹1,844 ₹1,098 -40%
Gerdau S.A GGBN 83.50 MXN 42.64 MXN -49%
Ternium S.A TXR 17,780 ARS 27,210 ARS +53%

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Frequently asked questions

Is GWR Group (GWR) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of A$0.2400 versus a price of A$0.1400, about +71% (undervalued).
What is the fair value of GWR?
Our model-based fair value for GWR Group is A$0.2400 (as of Jul 20, 2026), built from audited fundamentals. The current price is A$0.1400.
What is the quality score of GWR?
GWR Group has a Quality Score of 57/100. 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 revenue of GWR Group (GWR)?
GWR Group reported trailing-twelve-month revenue of about A$1.6M (latest available figure, as of Jul 20, 2026).
What is the net profit margin of GWR?
The net profit margin of GWR Group is about -39.7%, meaning it is currently running at a net loss. 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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