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Mandrake Resources Limited (MAN) Fair Value & Analysis

Basic Materials · AU · Market cap A$13.2M

MR Mandrake Resources Limited MAN · AU
PriceA$0.0210
Fair ValueA$0.0187
Upside-11.0%
Quality95/100
Evidence: Low Range A$0.0187 – A$0.0187

Fair value as of: Jun 26, 2026

From 3 valuation models · updated 3 days ago

Fair value updated Jun 26, 2026 — revised from A$0.0100 to A$0.0187 (+86.9%) since Jun 25, 2026.

Price vs Fair Value (12 months)

A$0.0260 A$0.0180 Fair Value A$0.0187 Jun 2025 Jun 2026

12‑month range A$0.0180 – A$0.0260 · the A$0.0210 price screens above the A$0.0187 fair value. As of Jun 26, 2026.

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Analysis

Mandrake Resources Limited (MAN) currently trades at A$0.0210, while our model-based Fair Value estimate is A$0.0187 — implying the stock looks roughly 11.0% 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: low).

Trailing-twelve-month revenue stands at A$664K. Revenue declined 9.8% year over year. It earns a return on equity of -15.6%. The balance sheet holds a net cash position of A$13.2M. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) A$664K
Revenue growth (YoY) -9.8%
Return on equity -15.6%
Free cash flow −A$1.7M FY2025
Operating margin -510%
EPS (TTM) A$-0.0100
More key figures
Net cash A$13.2M FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

Mandrake Resources Limited engages in the exploration and evaluation of mineral resources. It explores for gold, lithium, silver, platinum group elements, and copper deposits. The company holds 100% interest Utah Lithium project that consists of over 93,755 acres covering an area of approximately 379 square kilometers located in the Lisbon Valley, Paradox Basin in southeast Utah; Jimperding Project comprising an area of 142 square kilometers located in the Western Australia; and Berinka Pine Creek Gold-Copper Project located in the Northern Territory, Australia. The company was formerly known as Bronson Group Limited and changed its name to Mandrake Resources Limited in August 2019. Mandrake Resources Limited was incorporated in 1986 and is based in West Perth, Australia.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Mandrake Resources Limited reported revenue of A$664K in FY2025 versus A$16.8K in FY2021, a compound +150.7%/yr. Reported net income was −A$624K in FY2025.

Revenue +150.7%/yr
FY21 A$16.8K
FY22 A$23.7K
FY23 A$402K
FY24 A$737K
FY25 A$664K
Net income
FY21 −A$3.1M
FY22 −A$560K
FY23 −A$311K
FY24 −A$198K
FY25 −A$624K

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Frequently asked questions

Is Mandrake Resources Limited (MAN) undervalued?
As of Jun 26, 2026, our model estimates a fair value of A$0.0187 versus a price of A$0.0210 — about −11% (overvalued). Model-based estimate, not financial advice.
What is the fair value of MAN?
Our 21-model fair value for Mandrake Resources Limited is A$0.0187 (as of Jun 26, 2026), built from audited fundamentals. The current price is A$0.0210.
What is the quality score of MAN?
Mandrake Resources Limited has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Mandrake Resources Limited (MAN)?
Mandrake Resources Limited reported trailing-twelve-month revenue of about A$664K (latest available figure, as of Jun 26, 2026).
What is the net profit margin of MAN?
The net profit margin of Mandrake 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.