Mineral Resources Ltd (MIN) fair value: what the stock is really worth
We calculate from audited financials what Mineral Resources Ltd is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily, free.
- Compare price with fair valuebelow fair value = cheap, above = expensive
- Check the quality50 and up solid, 75 and up strong
- Watch it or check another stockalert when fair value or trend changes
At a glance
Below-average quality, trading 38% below our fair value of A$98.05.
As of Sep 8, 2026, the fair value of Mineral Resources Ltd is A$98.05 per share against a price of A$61.28, so the fair value sits 60% above the price. A model estimate from reported figures, not an analyst target.
Fair value as of: Sep 8, 2026
From 2 valuation models · updated 3 days ago
Fair value updated Sep 8, 2026, revised from A$49.97 to A$98.05 (+96.2%) since Aug 31, 2026. Share price −6.0% over the past month.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
What matters now
- The large discount to fair value meets weak quality (28/100). That raises the risk this is a value trap rather than a bargain.
- A fairly wide model range (A$60.32 to A$135.76) leaves room in how you read the outcome.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 8, 2026.
How to read this chart
60‑month range A$14.40 – A$93.75 · fair‑value band A$60.32 – A$135.76 · the A$61.28 price screens below the A$98.05 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 8, 2026.
Analysis
Mineral Resources Ltd (MIN) currently trades at A$61.28, while our model-based Fair Value estimate is A$98.05, implying the stock looks roughly 37.5% undervalued today. The Quality Score stands at 28/100 (below-average quality), in the Basic Materials sector. How firm this estimate is: it rests on 6 models at a data quality of 89/100, which puts the evidence level at medium.
Over the trailing twelve months, Mineral Resources Ltd generated revenue of A$5.2B at a net margin of 7.6%. Revenue grew 33.3% year over year. It earns a return on equity of 12.1%. Net debt stands at A$5.4B. Fundamentals as of Sep 8, 2026
Scenario range: A$60.32 (bear) to A$135.76 (bull), the price of A$61.28 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target. The share trades about 18% below its 52-week high and 209% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at −34% fair-value upside, at 60%, MIN screens cheaper than that median.
Fair Value models
Based on fiscal year 2025 figures (about 12 months old). Earnings retained since then (A$2.02 per share) are deliberately not added.
Each model values the company its own way; the fair value above is the evidence-weighted blend. Evidence (0 to 100) shows how complete a model's inputs are. How we calculate →
All 2 models by family
Widest divergence: Multiples (A$52.01) versus Asset-Based (A$10.89). Highest evidence: EV/EBITDA (66).
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Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Sep 8, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 25 · Market factors (momentum, volatility) 63
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
Mineral Resources Limited, together with subsidiaries, provides mining services in Australia, Asia, and internationally. It operates through Mining Services, Iron Ore, Lithium, and Energy and Other segments.
Full company description
Mineral Resources Limited, together with subsidiaries, provides mining services in Australia, Asia, and internationally. It operates through Mining Services, Iron Ore, Lithium, and Energy and Other segments. The company offers pit-to-ship solutions comprising open pit mining, crushing and material handling, processing, haulage, port handling, and marine services; design and construction of mineral processing facilities; transport and logistics services comprising supply chain, road haulage, autonomous road train, and transshipping services; manufacturing of equipment and parts for the mining industry; site and rehabilitation services; and engineering and construction services. It also develops, mines, and exports iron ore from its flagship Onslow iron project located in Western Australia. In addition, the company develops and mines lithium from its mines located in Western Australia; and sells spodumene concentrate and lithium battery chemicals. Further, it engages in exploration and drilling services for the energy sector; manganese and garnet; gas production; and generation of power through natural gas and LNG, solar, wind, and geothermal. Mineral Resources Limited was founded in 1992 and is headquartered in Osborne Park, Australia.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Mineral Resources Ltd reported revenue of A$4.5B in FY2025 versus A$3.7B in FY2021, a compound +4.6%/yr. Reported net income was −A$904M in FY2025.
of which total revenue +13.6 % · buybacks/dilution −0.5 %
Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).
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Earlier news
External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.
- Mineral Resources Ltd (MALRF) (FY 2026) Earnings Call Highlights: Record Revenue and EBITDA, ...
- Is Mineral Resources (ASX:MIN) Pricing In Too Much After A 185% One Year Surge
Peer Group
Other Industrial Metals & Mining · 466 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.
Valuation Multiples vs Other Industrial Metals & Mining median · lower = cheaper
Context: sector, industry, market
- Is the Materials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Valuation of the Australia market
Strength profile in five axes (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.
Insider activity: 42/100
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Other Industrial Metals & Mining stocks, each showing price versus our Fair Value estimate (as of Sep 8, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| BHP Group BHP | A$63.44 | A$42.04 | −34% |
| Vale S.A VALE | $15.27 | $8.95 | −41% |
| Saudi Arabian Mining Company 1211 | 65.50 SAR | 33.87 SAR | −48% |
| CMOC Group 603993 | ¥18.42 | ¥16.15 | −12% |
| Teck Resources Limited TECK | $69.34 | $32.02 | −54% |
| China Tungsten And Hightech Materials Co 000657 | ¥66.76 | ¥9.55 | −86% |
| Hindustan Zinc Limited HINDZINC | ₹573.00 | ₹508.34 | −11% |
| China Northern Rare Earth (Group) High-Tech Co 600111 | ¥41.02 | ¥10.59 | −74% |
| Western Mining Co 601168 | ¥37.85 | ¥25.99 | −31% |
| Boliden AB BOL | kr 546.80 | kr 461.48 | −16% |
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