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Highfield Resources Limited (HFR) Fair Value & Analysis

Basic Materials · AU · Market cap A$9.5M

HR Highfield Resources Limited HFR · AU
PriceA$0.0180
Fair ValueA$0.0170
Upside-5.6%
Quality23/100
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Weak Growth
Thin margins · 0.0% net margin
negative free cash flow
Trails peers (2/8)
Narrow moat 9/100
Evidence: Low Range A$0.0167 – A$0.0195 Share as image

Fair value as of: Jul 20, 2026

From 1 valuation models · updated 21 days ago

Share price −21.7% over the past month.

Below-average quality, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • 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$1.28 A$0.0160 Fair Value A$0.0170 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$0.0160 – A$1.28 · fair‑value band A$0.0167 – A$0.0195 · the A$0.0180 price screens above the A$0.0170 fair value. Dashed = 300-day average. As of Jul 20, 2026.

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Analysis

Highfield Resources Limited (HFR) currently trades at A$0.0180, while our model-based Fair Value estimate is A$0.0170, implying the stock looks roughly 5.6% fairly valued today. The Quality Score stands at 23/100 (below-average 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: low).

Trailing-twelve-month revenue stands at A$80.1K. Revenue declined 52.7% year over year. It earns a return on equity of -58.9%. Net debt stands at A$47.8M. Fundamentals as of Jul 20, 2026

Our scenario range runs from A$0.0167 (bear case) to A$0.0195 (bull case); at A$0.0180, the current price sits within 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 Basic Materials peers we cover trades at -13% fair-value upside, at -6%, HFR 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
NCAV (Graham) A$0.1000 A$0.1300 A$0.1900 50
All 1 models by family
Asset-Based
NCAV (Graham) A$0.1000 A$0.1300 A$0.1900 50

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Key figures & financial health

Revenue (TTM) A$80.1K
Revenue growth (YoY) -52.7%
Return on equity -58.9%
Free cash flow −A$8.6M FY2025
Operating margin -6,098%
EPS (TTM) A$-0.1400
More key figures
Net debt A$47.8M FY2025

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

Quality Score breakdown

Overall quality 23/100

Of which business quality 23 · Market factors (momentum, volatility) 2

Profitability 0
Margins and returns on capital today
Quality Growth 25
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 41
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 5
Calm price path (market factor)
Momentum 0
Price trend over the last 3–12 months (market factor)
52W Momentum 0
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

Highfield Resources Limited, together with its subsidiaries, engages in the exploration and development of potash mines in Spain. Its potash projects are located in the Ebro potash producing basin in Northern Spain.

Full company description

Highfield Resources Limited, together with its subsidiaries, engages in the exploration and development of potash mines in Spain. Its potash projects are located in the Ebro potash producing basin in Northern Spain. The company's flagship property includes the Muga-Vipasca project that targets sylvinite beds in the Muga Project area, which covers an area of approximately 40 square kilometers located in the Provinces of Navarra and Aragón. It also holds interest in the Pintanos tenement area comprising three permits of Molineras 1, Molineras 2, and Puntarrón covering an area of 65 square kilometers; and the Sierra del Perdón tenement area includes three permits of Quiñones, Adiós, and Ampliación de Adiós covering an area of approximately 125 square kilometers located to southeast of Pamplona.Highfield Resources Limited was incorporated in 2011 and is headquartered in Pamplona, Spain.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Highfield Resources Limited reported revenue of A$0 in FY2025 versus A$0 in FY2021. Reported net income was −A$69.8M in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2017)
A$7.5K
Latest YoY
−96.2%
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.
−21.8%
Revenue
FY21 A$0
FY22 A$0
FY23 A$0
FY24 A$0
FY25 A$0
Net income
FY21 −A$6.7M
FY22 −A$5.8M
FY23 −A$12.1M
FY24 −A$19.2M
FY25 −A$69.8M

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Cite: Fair Value Calculator (2026). "Highfield Resources Limited Fair Value". https://www.fairvalue-calculator.com/stock/HFR

Peer Group

Agricultural Inputs · 179 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 23 · Bottom 25%
Fair Value upside −6% · Above median
Return on assets -3% · Bottom 25%
Net margin (TTM) 0% · Bottom 25%
Revenue growth -53% · Bottom 25%

Valuation Multiples vs Agricultural Inputs median · lower = cheaper

P/B 0.07× · Cheaper than 75% of peers
P/S (TTM) 83.65× · 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 26 · sector 21
FUTURE 0 · sector 37
PAST 0 · sector 24
HEALTH 0 · sector 97
DIVIDEND 0 · sector 33

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 Agricultural Inputs stocks, each showing price versus our Fair Value estimate (as of Jul 20, 2026).

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SABIC Agri-Nutrients Company 2020 122.90 SAR 127.31 SAR +4%
Yara International ASA YAR kr 451.30 kr 67.25 -85%
Yunnan Yuntianhua Co 600096 ¥30.17 ¥42.12 +40%
Asia-potash International Investment (Guangzhou)Co.,Ltd., 000893 ¥42.59 ¥38.01 -11%
Coromandel International Limited COROMANDEL ₹2,034 ₹1,129 -44%
UPL Limited UPL ₹594.75 ₹387.06 -35%

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Frequently asked questions

Is Highfield Resources Limited (HFR) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of A$0.0170 versus a price of A$0.0180, about −6% (fairly valued).
What is the fair value of HFR?
Our model-based fair value for Highfield Resources Limited is A$0.0170 (as of Jul 20, 2026), built from audited fundamentals. The current price is A$0.0180.
What is the quality score of HFR?
Highfield Resources Limited has a Quality Score of 23/100. 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 Highfield Resources Limited (HFR)?
Highfield Resources Limited reported trailing-twelve-month revenue of about A$80.1K (latest available figure, as of Jul 20, 2026).
What is the net profit margin of HFR?
The net profit margin of Highfield Resources 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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