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Matsa Resources Limited (MAT) Fair Value & Analysis

Basic Materials · AU · Market cap A$69.0M

MR Matsa Resources Limited MAT · AU
PriceA$0.0570
Fair ValueA$0.0416
Upside-27.0%
Quality95/100
Evidence: High Range A$0.0359 – A$0.0416

Fair value as of: Jun 26, 2026

From 19 valuation models · updated 3 days ago

Fair value updated Jun 26, 2026 — revised from A$0.0300 to A$0.0416 (+38.7%) since Jun 24, 2026. Share price −27.2% over the past month.

Price vs Fair Value (12 months)

A$0.1497 A$0.0551 Fair Value A$0.0416 Jun 2025 Jun 2026

12‑month range A$0.0551 – A$0.1497 · fair‑value band A$0.0359 – A$0.0416 · the A$0.0570 price screens above the A$0.0416 fair value. As of Jun 26, 2026.

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Analysis

Matsa Resources Limited (MAT) currently trades at A$0.0570, while our model-based Fair Value estimate is A$0.0416 — implying the stock looks roughly 27.0% 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: high).

Trailing-twelve-month revenue stands at A$11.7M. Revenue declined 85.8% year over year. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) A$11.7M
Revenue growth (YoY) -85.8%
Net margin -193%
Return on equity -174%
Free cash flow A$1.5M FY2025
Operating margin -224%
More key figures
EPS (TTM) A$-0.0300
Net cash A$956K FY2025

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

About the company

Matsa Resources Limited engages in the exploration of mineral resources in Australia and Thailand. It primarily explores for gold, copper, silver, lead, lithium, tin, rare earth elements, and base metals. The company's flagship project is the Lake Carey Gold project that comprises approximately 450 square kilometers of prospective tenements within the Laverton Tectonic Zone of the Kurnalpi Terrane, Western Australia. Matsa Resources Limited was incorporated in 2003 and is headquartered in Perth, Australia.

Revenue & earnings trend

FY2018 – FY2025 · reported fiscal years

Matsa Resources Limited reported revenue of A$8.1M in FY2022 versus A$10.0M in FY2018, a compound −5.4%/yr. Reported net income was A$1.4M in FY2025.

Revenue −5.4%/yr
FY18 A$10.0M
FY19 A$11.6M
FY20 A$10.7M
FY21 A$8.1M
FY22 A$8.1M
Net income
FY21 −A$9.7M
FY22 −A$6.0M
FY23 −A$819K
FY24 −A$4.6K
FY25 A$1.4M

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Similar stocks

6 more Gold stocks, each showing price versus our Fair Value estimate (as of Jun 26, 2026).

Stock Price Fair Value vs Fair Value
Newmont Corporation NEMCL $112.00 $141.64 +26%
Zijin Mining Group 601899 ¥30.44 ¥62.26 +105%
Agnico Eagle Mines Limited AEM $176.75 $225.34 +27%
Barrick Mining Corporation B $37.19 $70.51 +90%
Wheaton Precious Metals Corp SII €105.35 €52.47 -50%
AngloGold Ashanti plc AU $86.23 $88.63 +3%

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Frequently asked questions

Is Matsa Resources Limited (MAT) undervalued?
As of Jun 26, 2026, our model estimates a fair value of A$0.0416 versus a price of A$0.0570 — about −27% (overvalued). Model-based estimate, not financial advice.
What is the fair value of MAT?
Our 21-model fair value for Matsa Resources Limited is A$0.0416 (as of Jun 26, 2026), built from audited fundamentals. The current price is A$0.0570.
What is the quality score of MAT?
Matsa 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 Matsa Resources Limited (MAT)?
Matsa Resources Limited reported trailing-twelve-month revenue of about A$11.7M (latest available figure, as of Jun 26, 2026).
What is the net profit margin of MAT?
The net profit margin of Matsa Resources Limited is about -193.1%, 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.

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