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Marmota Limited (MEU) Fair Value & Analysis

Basic Materials · AU · Market cap A$102M

ML Marmota Limited MEU · AU
PriceA$0.0960
Fair ValueA$0.0300
Upside-68.8%
Quality25/100
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Mixed Growth
Thin margins · 0.0% net margin
negative free cash flow
Trails peers (1/8)
Narrow moat 12/100
Evidence: Low Range A$0.0200 – A$0.0400 Share as image

Fair value as of: Jun 24, 2026

From 1 valuation models · updated 47 days ago

Share price +23.1% over the past month.

Below-average quality, and screening another 69% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (A$0.0400). The favourable scenario is already priced in.
  • Weak quality (25/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range (A$0.0200 to A$0.0400) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

A$0.1750 A$0.0280 Fair Value A$0.0300 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jun 24, 2026.

How to read this chart

60‑month range A$0.0280 – A$0.1750 · fair‑value band A$0.0200 – A$0.0400 · the A$0.0960 price screens above the A$0.0300 fair value. Dashed = 300-day average. As of Jun 24, 2026.

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Analysis

Marmota Limited (MEU) currently trades at A$0.0960, while our model-based Fair Value estimate is A$0.0300, implying the stock looks roughly 68.8% overvalued today. The Quality Score stands at 25/100 (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).

Revenue declined 60.6% year over year. It earns a return on equity of -8.3%. The balance sheet holds a net cash position of A$4.6M. Fundamentals as of Jun 24, 2026

Our scenario range runs from A$0.0200 (bear case) to A$0.0400 (bull case); at A$0.0960, the current price sits above 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 48% below its 52-week high and 167% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -34% fair-value upside, at -69%, MEU screens richer 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$0.0100 A$0.0100 A$0.0200 50
All 1 models by family
Asset-Based
NCAV (Graham) A$0.0100 A$0.0100 A$0.0200 50

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Key figures & financial health

Revenue (TTM) −A$14.3K
Revenue growth (YoY) -60.6%
Return on equity -8.3%
Free cash flow −A$452K FY2025
Net cash A$4.6M FY2025

Figures from reported company fundamentals · as of Jun 24, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 25/100

Of which business quality 29 · Market factors (momentum, volatility) 52

Profitability 0
Margins and returns on capital today
Quality Growth 10
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 92
Balance sheet, leverage, solvency risk
Investment 46
Disciplined investing over empire-building
Low Volatility 45
Calm price path (market factor)
Momentum 46
Price trend over the last 3–12 months (market factor)
52W Momentum 70
Distance to the 52-week high (market factor)
Net Issuance 27
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

Marmota Limited engages in the exploration of mineral properties in Australia. It primarily explores for gold, titanium, and uranium deposits. The company's flagship project is the Aurora Tank, a gold discovery project in Australia. Marmota Limited was incorporated in 2006 and is based in Glenelg, Australia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Marmota Limited reported revenue of A$130K in FY2025 versus A$33.7K in FY2021, a compound +40.1%/yr. Reported net income was −A$1.7M in FY2025.

Growth Quality 29/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
A$130K
Latest YoY
−4.8%
Avg. 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.
+307.7%
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.
+36.5%
Avg. growth/yr (12Y) 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.
+17.4%
Revenue +40.1%/yr
FY21 A$33.7K
FY22 A$1.9K
FY23 A$2.9K
FY24 A$137K
FY25 A$130K
Net income
FY21 −A$298K
FY22 −A$422K
FY23 −A$356K
FY24 −A$401K
FY25 −A$1.7M

MEU screens 69% overvalued. Compare with BHP Group →

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Cite: Fair Value Calculator (2026). "Marmota Limited Fair Value". https://www.fairvalue-calculator.com/stock/MEU

Peer Group

Other Industrial Metals & Mining · 475 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 25 · Bottom 25%
Fair Value upside −69% · Bottom 25%
Return on assets -5% · Below median
Net margin (TTM) 0% · Above median
Operating margin (TTM) 0% · Below median
Revenue growth -61% · Bottom 25%

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

P/B 3.17× · Pricier than 75% of peers

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 Other Industrial Metals & Mining stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
BHP Group BHPN 1,425 MXN 942.42 MXN -34%
Rio Tinto Group RIO A$164.89 A$81.76 -50%
Grupo México, S.A. GMEXICOB 199.23 MXN 187.72 MXN -6%
Vale S.A VALE $14.19 $9.14 -36%
Saudi Arabian Mining Company 1211 58.05 SAR 33.87 SAR -42%
CMOC Group 603993 ¥18.20 ¥16.15 -11%
Fortescue Ltd FMG A$18.47 A$18.62 +1%
China Tungsten And Hightech Materials Co 000657 ¥74.71 ¥9.55 -87%
Hindustan Zinc Limited HINDZINC ₹521.95 ₹576.80 +11%
China Northern Rare Earth (Group) High-Tech Co 600111 ¥39.56 ¥10.59 -73%

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Frequently asked questions

Is Marmota Limited (MEU) overvalued or undervalued?
As of Jun 24, 2026, our model estimates a fair value of A$0.0300 versus a price of A$0.0960, about −69% (overvalued).
What is the fair value of MEU?
Our model-based fair value for Marmota Limited is A$0.0300 (as of Jun 24, 2026), built from audited fundamentals. The current price is A$0.0960.
What is the quality score of MEU?
Marmota Limited has a Quality Score of 25/100. 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 net profit margin of MEU?
The net profit margin of Marmota 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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