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Iron Road Limited (IRD) Fair Value & Analysis

Basic Materials · AU · Market cap A$12.6M

IR Iron Road Limited IRD · AU
PriceA$0.0150
Fair ValueA$0.0175
Upside+16.7%
Quality61/100
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Mixed Growth
Thin margins · 0.0% net margin
generates free cash flow
Trails peers (3/9)
Narrow moat 15/100
Evidence: High Range A$0.0163 – A$0.0175 Share as image

Fair value as of: Jul 11, 2026

From 24 valuation models · updated 30 days ago

Fair value updated Jul 11, 2026, revised from A$0.0118 to A$0.0175 (+47.9%) since Jun 26, 2026. Share price −11.8% over the past month.

A solid business, screening 17% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (A$0.0163). The market is more pessimistic than our downside scenario.
  • The models converge in a tight band (A$0.0163 to A$0.0175), unusually little disagreement for a valuation.
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Price vs Fair Value (5 years)

A$0.3375 A$0.0090 Fair Value A$0.0175 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 11, 2026.

How to read this chart

60‑month range A$0.0090 – A$0.3375 · fair‑value band A$0.0163 – A$0.0175 · the A$0.0150 price screens below the A$0.0175 fair value. Dashed = 300-day average. As of Jul 11, 2026.

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Analysis

Iron Road Limited (IRD) currently trades at A$0.0150, while our model-based Fair Value estimate is A$0.0175, implying the stock looks roughly 16.7% undervalued today. The Quality Score stands at 61/100 (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.

Trailing-twelve-month revenue stands at A$134K. The balance sheet holds a net cash position of A$3.6M. Fundamentals as of Jul 11, 2026

Our scenario range runs from A$0.0163 (bear case) to A$0.0175 (bull case); at A$0.0150, 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 75% below its 52-week high and 36% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -7% fair-value upside, at 17%, IRD 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$0.1100 A$0.1000 A$0.0700 76
Growth DCF A$0.0600 A$0.0900 A$0.1400 72
Growth-Adj P/E A$0.1800 A$0.2600 A$0.3400 68
All 24 models by family
DCF Models
FCF DCF A$0.0600 A$0.0800 A$0.1500 38
Owner Earnings A$0.0600 A$0.1200 A$0.2200 31
5Y Revenue Exit A$0.0300 A$0.0400 A$0.0600 39
5Y EBITDA Exit A$0.0500 A$0.0900 A$0.1600 41
5Y P/E Exit A$0.0700 A$0.1600 A$0.2700 38
10Y Revenue Exit A$0.0400 A$0.0700 A$0.0700 36
10Y EBITDA Exit A$0.0600 A$0.1100 A$0.2000 37
10Y P/E Exit A$0.0700 A$0.1400 A$0.2700 35
Earnings-Based
Graham-Dodd A$0.0400 A$0.2800 A$0.4000 54
Lynch FV A$0.1500 A$0.2100 A$0.2700 50
PEG = 1.0 A$0.1500 A$0.2100 A$0.2700 46
EPV A$0.0400 A$0.0500 A$0.0500 59
Multiples
P/E Multiple A$0.0800 A$0.1000 A$0.1300 63
P/S Multiple A$0.0100 A$0.0100 A$0.0200 58
P/B Multiple A$0.0800 A$0.1000 A$0.1300 55
EV/EBIT A$0.0700 A$0.0900 A$0.1100 53
EV/EBITDA A$0.0500 A$0.0700 A$0.0800 54
EV/Revenue A$0.0100 A$0.0200 A$0.0200 43
Asset-Based
NCAV (Graham) A$0.0800 A$0.1100 A$0.1600 50
Growth DCF
Growth DCF A$0.0600 A$0.0900 A$0.1400 72
Rev-Margin DCF A$0.0300 A$0.0500 A$0.0700 67
Economic Profit
Residual Income A$0.1100 A$0.1000 A$0.0700 76
ROIC Compounder A$0.0400 A$0.0500 A$0.0500 67
Growth Earnings
Growth-Adj P/E A$0.1800 A$0.2600 A$0.3400 68

Widest divergence: Growth Earnings (A$0.2600) versus Growth DCF (A$0.0500). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) A$134K
Revenue growth (YoY) -99.4%
Return on equity -110%
Free cash flow A$4.1M FY2025
Operating margin -1,793%
EPS (TTM) A$-0.1200
More key figures
Net cash A$3.6M FY2025

Figures from reported company fundamentals · as of Jul 11, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 61/100

Of which business quality 65 · Market factors (momentum, volatility) 25

Profitability 35
Margins and returns on capital today
Quality Growth 84
Are margins and returns improving?
Cashflow 79
Earnings quality: real cash, not paper profit
Fin. Strength 81
Balance sheet, leverage, solvency risk
Investment 88
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 20
Price trend over the last 3–12 months (market factor)
52W Momentum 5
Distance to the 52-week high (market factor)
Net Issuance 26
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

Iron Road Limited explores for and evaluates iron ore properties in Australia. Its flagship project is the 100% owned Central Eyre iron project located in the Eyre Peninsula of South Australia. The company was incorporated in 2007 and is based in Adelaide, Australia. Iron Road Limited operates as a subsidiary of Sentient Executive GP IV, Limited.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Iron Road Limited reported revenue of A$7.7M in FY2025 versus A$50.3K in FY2021, a compound +251.7%/yr. Reported net income was A$5.0M in FY2025.

Growth Quality 82/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
A$7.7M
Latest YoY
+841.0%
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.
+173.0%
Avg. growth/yr (17Y) 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.
+38.6%
Revenue +251.7%/yr
FY21 A$50.3K
FY22 A$38
FY23 A$1.0M
FY24 A$817K
FY25 A$7.7M
Net income
FY21 −A$5.4M
FY22 −A$4.0M
FY23 −A$468K
FY24 −A$1.5M
FY25 A$5.0M

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Cite: Fair Value Calculator (2026). "Iron Road Limited Fair Value". https://www.fairvalue-calculator.com/stock/IRD

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 61 · Top 25%
Fair Value upside +33% · Top 25%
Return on assets -1% · Bottom 25%
Net margin (TTM) 0% · Below median
Revenue growth -99% · Bottom 25%

Valuation Multiples vs Steel median · lower = cheaper

P/B 0.06× · Cheaper than 75% of peers
P/S (TTM) 66.31× · Pricier than 75% of peers
P/FCF 2.2× · Pricier than median

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 78 · 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 11, 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 Iron Road Limited (IRD) overvalued or undervalued?
As of Jul 11, 2026, our model estimates a fair value of A$0.0175 versus a price of A$0.0150, about +17% (undervalued).
What is the fair value of IRD?
Our model-based fair value for Iron Road Limited is A$0.0175 (as of Jul 11, 2026), built from audited fundamentals. The current price is A$0.0150.
What is the quality score of IRD?
Iron Road Limited has a Quality Score of 61/100. 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 Iron Road Limited (IRD)?
Iron Road Limited reported trailing-twelve-month revenue of about A$134K (latest available figure, as of Jul 11, 2026).
What is the net profit margin of IRD?
The net profit margin of Iron Road 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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