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Korab Resources Ltd (KOR) Fair Value & Analysis

Basic Materials · AU · Market cap A$2.9M

KR Korab Resources Ltd KOR · AU
Price from Jul 30, 2026A$0.0080
Fair ValueA$0.0080
Upside+0.0%
Quality28/100
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Risks

!Mixed Growth (revenue 5y +2.8 %/yr)
!Thin margins · 0.0% net margin
!High debt · negative free cash flow
!Trails peers (3/9)
Mixed Growth (revenue 5y +2.8 %/yr)
Thin margins · 0.0% net margin
High debt · negative free cash flow
Trails peers (3/9)
Narrow moat 6/100
Evidence: Low Range A$0.0077 – A$0.0085 Share as image

Fair value as of: Aug 13, 2026

From 2 valuation models · updated 11 days ago

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

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What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • The models converge in a tight band (A$0.0077 to A$0.0085), unusually little disagreement for a valuation.
  • 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$0.1000 A$0.0040 Fair Value A$0.0080 May 2021 Jul 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range A$0.0040 – A$0.1000 · fair‑value band A$0.0077 – A$0.0085 · the A$0.0080 price screens below the A$0.0080 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Korab Resources Ltd (KOR) currently trades at A$0.0080, while our model-based Fair Value estimate is A$0.0080, implying the stock looks roughly 0.0% fairly valued today. The Quality Score stands at 28/100 (below-average 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: low), always confirm before acting.

Trailing-twelve-month revenue stands at A$29.4K. Revenue declined 82.5% year over year. Net debt stands at A$4.2M. Fundamentals as of Aug 13, 2026

Our scenario range runs from A$0.0077 (bear case) to A$0.0085 (bull case); at A$0.0080, 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. The share trades near its 52-week high, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -34% fair-value upside, at 0%, KOR 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
Gordon GGM A$0.0300 A$0.0600 A$0.0700 70
DDM Multi-Stage A$0.0300 A$0.0500 A$0.0600 61
All 2 models by family
Dividend Discount
Gordon GGM A$0.0300 A$0.0600 A$0.0700 70
DDM Multi-Stage A$0.0300 A$0.0500 A$0.0600 61

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Key figures & financial health

P/S ratio 100.0 TTM
Return on equity -427% TTM
Return on assets -0.2% TTM
Operating margin 1,790% TTM
Revenue (TTM) A$29.4K TTM
Revenue growth (YoY) -82.5% 3y avg -29.3%
More key figures
Balance sheet & cash flow
Free cash flow −A$156K FY2024
Net debt A$4.2M FY2024

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 28/100

Of which business quality 26 · Market factors (momentum, volatility) 55

Profitability 0
Margins and returns on capital today
Quality Growth 71
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 2
Balance sheet, leverage, solvency risk
Investment 63
Disciplined investing over empire-building
Low Volatility 97
Calm price path (market factor)
Momentum 40
Price trend over the last 3–12 months (market factor)
52W Momentum 33
Distance to the 52-week high (market factor)
Net Issuance 64
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Korab Resources Limited operates as a diversified battery and precious metals mining and exploration company in Australia. The company explores for gold, silver, phosphate rock, magnesium, manganese, tin, iron ore, copper, nickel, cobalt, lead, zinc, lithium, and rare earth metals, as well as scandium, palladium, platinum, and base metals.

Full company description

Korab Resources Limited operates as a diversified battery and precious metals mining and exploration company in Australia. The company explores for gold, silver, phosphate rock, magnesium, manganese, tin, iron ore, copper, nickel, cobalt, lead, zinc, lithium, and rare earth metals, as well as scandium, palladium, platinum, and base metals. Korab Resources Limited was incorporated in 1998 and is based in West Perth, Australia.

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

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

Korab Resources Ltd reported revenue of A$168K in FY2024 versus A$320K in FY2020, a compound −14.8%/yr. Reported net income was −A$932K in FY2024.

Growth Quality 2/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2024)
A$168K
Latest YoY
+59.2%
Avg. revenue 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.
−29.3%
Avg. revenue 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.
+2.8%
Avg. revenue growth/yr (19Y) 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.
+23.6%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2024 is a loss year, no rate is defined from a loss
not computed
Revenue −14.8%/yr
FY20 A$320K
FY21 A$476K
FY22 A$36.4K
FY23 A$106K
FY24 A$168K
Net income
FY20 −A$724K
FY21 −A$1.2M
FY22 −A$612K
FY23 −A$1.4M
FY24 −A$932K

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Cite: Fair Value Calculator (2026). "Korab Resources Ltd Fair Value". https://www.fairvalue-calculator.com/stock/KOR

Peer Group

Other Industrial Metals & Mining · 477 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 28 · Bottom 25%
Fair Value upside +0% · Above median
Return on assets -0% · Above median
Net margin (TTM) 0% · Above median
Revenue growth -83% · Bottom 25%
Debt / equity 27.31× · Higher than 75% of peers

Valuation Multiples vs Other Industrial Metals & Mining median · lower = cheaper

P/B 13.48× · Pricier than 75% of peers
P/S (TTM) 71.43× · 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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE34 · sector 0
FUTURE0 · sector 30
PAST0 · sector 0
HEALTH0 · sector 96
DIVIDEND0 · 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

Similar stocks

10 more Other Industrial Metals & Mining stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
BHP Group BHP A$63.71 A$42.33 -34%
Vale S.A VALE $13.63 $8.95 -34%
Saudi Arabian Mining Company 1211 65.50 SAR 33.87 SAR -48%
CMOC Group 603993 ¥19.00 ¥19.80 +4%
Teck Resources Limited TECK $65.95 $31.92 -52%
Hindustan Zinc Limited HINDZINC ₹573.00 ₹508.34 -11%
China Tungsten And Hightech Materials Co 000657 ¥70.43 ¥9.55 -86%
China Northern Rare Earth (Group) High-Tech Co 600111 ¥41.02 ¥10.59 -74%
Boliden AB BOL kr 527.80 kr 461.48 -13%
Western Mining Co 601168 ¥37.85 ¥25.99 -31%

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Frequently asked questions

Is Korab Resources Ltd (KOR) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of A$0.0080 versus the last price from Jul 30, 2026 of A$0.0080, about +0% (fairly valued).
What is the fair value of KOR?
Our model-based fair value for Korab Resources Ltd is A$0.0080 (as of Aug 13, 2026), built from audited fundamentals. Last price (from Jul 30, 2026): A$0.0080.
What is the quality score of KOR?
Korab Resources Ltd has a Quality Score of 28/100. 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 Korab Resources Ltd (KOR)?
Korab Resources Ltd reported trailing-twelve-month revenue of about A$29.4K (latest available figure, as of Aug 13, 2026).
What is the net profit margin of KOR?
The net profit margin of Korab Resources Ltd 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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