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Metals X Limited (MLXEF) Fair Value & Analysis

Basic Materials · US · Market cap $883M

MX Metals X Limited logo Metals X Limited MLXEF · US
Price$0.9950
Fair Value$0.6704
Upside-32.6%
Quality69/100
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Evidence: High Range $0.5028 – $1.35 📤 Share as image

Fair value as of: Jul 17, 2026

From 26 valuation models · updated 6 days ago

Share price +0.5% over the past month.

Price vs Fair Value (12 months)

$1.22 $0.3410 Fair Value $0.6704 Jun 2025 Jul 2026

12‑month range $0.3410 – $1.22 · fair‑value band $0.5028 – $1.35 · the $0.9950 price screens above the $0.6704 fair value. As of Jul 17, 2026.

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Analysis

Metals X Limited (MLXEF) currently trades at $0.9950, while our model-based Fair Value estimate is $0.6704, implying the stock looks roughly 32.6% overvalued today. We read business quality at 69/100 (solid 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).

Over the trailing twelve months, Metals X Limited generated revenue of $285M at a net margin of 36.7%. Revenue grew 11.0% year over year. It earns a return on equity of 21.8%. The balance sheet holds a net cash position of $290M. Fundamentals as of Jul 17, 2026

Our scenario range runs from $0.5028 (bear case) to $1.35 (bull case); at $0.9950, the current price sits within that range. The share trades about 20% below its 52-week high and 192% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -27% fair-value upside, at -33%, MLXEF screens richer than that median.

Key figures & financial health

Revenue (TTM) $285M
Revenue growth (YoY) +11.0%
Net margin 36.7%
Return on equity 21.8%
Free cash flow $92.3M FY2025
P/E ratio 12.4
More key figures
Operating margin 43.7%
EPS (TTM) $0.0800
EPS growth (YoY) -38.6%
Net cash $290M FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 17, 2026. TTM = trailing twelve months.

About the company

Metals X Limited engages in the production of tin in Australia. The company holds a 50% interest in the Renison tin project located on the Northwest Tasmania. It offers tin-in-concentrate, as well as invests in companies undertaking exploration and development of tin, gold, and base metals projects. Metals X Limited was incorporated in 2004 and is based in South Perth, Australia.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Metals X Limited reported revenue of $285M in FY2025 versus $229M in FY2021, a compound +5.6%/yr. Reported net income was $105M in FY2025, compounding −13.2%/yr from FY2021.

Revenue +5.6%/yr
FY21 $229M
FY22 $133M
FY23 $154M
FY24 $219M
FY25 $285M
Net income −13.2%/yr
FY21 $184M
FY22 $19.9M
FY23 $14.6M
FY24 $102M
FY25 $105M

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Cite: Fair Value Calculator (2026). "Metals X Limited Fair Value". https://www.fairvalue-calculator.com/stock/MLXEF

Similar stocks

10 more Other Industrial Metals & Mining stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

Stock Price Fair Value vs Fair Value
BHP Group BHPLF $41.19 $30.11 -27%
Rio Tinto Group RTNTF $129.57 $76.59 -41%
Grupo México, S.A. GMBXF $12.66 $9.58 -24%
CMOC Group CMCLY $148.88 $120.33 -19%
Vale S.A VALE $15.71 $7.88 -50%
Anglo American plc AAUKF $51.51 $20.30 -61%
Fortescue Ltd FSUMF $14.80 $15.72 +6%
China Tungsten And Hightech Materials Co 000657 ¥74.71 ¥9.55 -87%
Hindustan Zinc Limited HINDZINC ₹547.55 ₹625.07 +14%
China Northern Rare Earth (Group) High-Tech Co 600111 ¥47.11 ¥6.74 -86%

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Frequently asked questions

Is Metals X Limited (MLXEF) undervalued?
As of Jul 17, 2026, our model estimates a fair value of $0.6704 versus a price of $0.9950, about −33% (overvalued). Model-based estimate, not financial advice.
What is the fair value of MLXEF?
Our model-based fair value for Metals X Limited is $0.6704 (as of Jul 17, 2026), built from audited fundamentals. The current price is $0.9950.
What is the quality score of MLXEF?
Metals X Limited has a Quality Score of 69/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Metals X Limited (MLXEF)?
Metals X Limited reported trailing-twelve-month revenue of about $285M (latest available figure, as of Jul 17, 2026).
What is the net profit margin of MLXEF?
The net profit margin of Metals X Limited is about 36.7%, meaning it keeps roughly 36.7% 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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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.