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Metro Mining Limited (MMILD) Fair Value & Analysis

Basic Materials · US · Market cap $303M

MM Metro Mining Limited logo Metro Mining Limited MMILD · US
Price$0.9300
Fair Value$1.58
Upside+69.9%
Quality63/100
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Mixed Growth
Highly profitable · 37.6% net margin
Low debt · generates free cash flow
Ranks above peers (11/13)
Wide moat 74/100
Evidence: Medium Range $1.15 – $2.15 Share as image

Fair value as of: Aug 13, 2026

From 20 valuation models · updated today

Fair value updated Aug 13, 2026, revised from $2.04 to $1.58 (−22.5%) since Jul 19, 2026. Share price −15.5% over the past month.

A solid business, screening 70% undervalued on our models.

What matters now

  • The price is below even our cautious bear case ($1.15). The market is more pessimistic than our downside scenario.
  • Solid quality (63/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range ($1.15 to $2.15) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

$1.21 $0.4470 Fair Value $1.58 Oct 2021 Jul 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

57‑month range $0.4470 – $1.21 · fair‑value band $1.15 – $2.15 · the $0.9300 price screens below the $1.58 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Metro Mining Limited (MMILD) currently trades at $0.9300, while our model-based Fair Value estimate is $1.58, implying the stock looks roughly 69.9% undervalued today. The Quality Score stands at 63/100 (solid quality), in the Basic Materials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, Metro Mining Limited generated revenue of $378M at a net margin of 37.6%. Revenue grew 3.3% year over year. It earns a return on equity of 125.1%. Net debt stands at $44.0M. Fundamentals as of Aug 13, 2026

Our scenario range runs from $1.15 (bear case) to $2.15 (bull case); at $0.9300, the current price sits below 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 42% below its 52-week high and 42% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -42% fair-value upside, at 70%, MMILD screens cheaper 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
Growth DCF $2.79 $4.53 $7.72 80
Rev-Margin DCF $2.03 $3.58 $6.50 74
ROIC Compounder $1.52 $2.05 $2.73 72
All 20 models by family
DCF Models
FCF DCF $2.97 $4.26 $8.12 38
5Y Revenue Exit $2.02 $3.15 $5.50 39
5Y P/E Exit $5.14 $11.85 $21.09 38
10Y Revenue Exit $2.30 $4.31 $5.42 36
10Y P/E Exit $4.43 $10.43 $20.48 35
Earnings-Based
Graham-Dodd $3.15 $21.95 $30.81 54
Lynch FV $8.34 $11.92 $15.49 50
PEG = 1.0 $8.34 $11.92 $15.49 46
EPV $1.26 $1.41 $1.53 59
Multiples
P/E Multiple $5.90 $7.87 $9.84 63
P/S Multiple $1.38 $1.85 $2.31 58
P/B Multiple $1.37 $1.82 $2.28 55
EV/EBIT $1.99 $2.59 $3.20 53
EV/Revenue $1.45 $2.01 $2.56 43
Asset-Based
NCAV (Graham) $0.3000 $0.4100 $0.6100 50
Growth DCF
Growth DCF $2.79 $4.53 $7.72 80
Rev-Margin DCF $2.03 $3.58 $6.50 74
Economic Profit
Residual Income $2.99 $5.13 $110.17 61
ROIC Compounder $1.52 $2.05 $2.73 72
Growth Earnings
Growth-Adj P/E $9.84 $14.06 $18.28 68

Widest divergence: Growth Earnings ($14.06) versus Asset-Based ($0.4100). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) $378M
Revenue growth (YoY) +3.3%
Net margin 37.6%
Return on equity 125%
Free cash flow $63.4M FY2025
P/E ratio 2.9
More key figures
Operating margin 17.1%
EPS (TTM) $0.3200
EPS growth (YoY) +5.7%
Net debt $44.0M FY2024

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 63/100

Of which business quality 63 · Market factors (momentum, volatility) 52

Profitability 85
Margins and returns on capital today
Quality Growth 73
Are margins and returns improving?
Cashflow 73
Earnings quality: real cash, not paper profit
Fin. Strength 58
Balance sheet, leverage, solvency risk
Investment 31
Disciplined investing over empire-building
Low Volatility 44
Calm price path (market factor)
Momentum 64
Price trend over the last 3–12 months (market factor)
52W Momentum 40
Distance to the 52-week high (market factor)
Net Issuance 37
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

Metro Mining Limited, together with its subsidiaries, operates as an exploration and mining company in Australia. The company explores bauxite. Its flagship project is the Bauxite Hills Mine property that covers an area of approximately 825 square kilometers located on Western Cape York in Far North Queensland.

Full company description

Metro Mining Limited, together with its subsidiaries, operates as an exploration and mining company in Australia. The company explores bauxite. Its flagship project is the Bauxite Hills Mine property that covers an area of approximately 825 square kilometers located on Western Cape York in Far North Queensland. The company sells bauxite to its customers in China and United Arab Emirates. The company was formerly known as MetroCoal Limited and changed its name to Metro Mining Limited in December 2014. Metro Mining Limited was incorporated in 2006 and is headquartered in Brisbane, Australia.

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

Revenue & earnings trend

FY2022 – FY2025 · reported fiscal years

Metro Mining Limited reported revenue of $378M in FY2025 versus $178M in FY2022, a compound +28.6%/yr. Reported net income was $142M in FY2025.

Growth Quality 79/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
$378M
Latest YoY
+23.1%
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.
+28.6%
Revenue +28.6%/yr
FY22 $178M
FY23 $236M
FY24 $307M
FY25 $378M
Net income
FY22 −$50.1M
FY23 −$13.5M
FY24 −$59.0M
FY25 $142M

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Cite: Fair Value Calculator (2026). "Metro Mining Limited Fair Value". https://www.fairvalue-calculator.com/stock/MMILD

Peer Group

Other Industrial Metals & Mining · 480 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 63 · Top 25%
Fair Value upside +70% · Top 25%
Return on equity (TTM) 125% · Top 25%
Return on assets 11% · Top 25%
Net margin (TTM) 38% · Top 25%
Operating margin (TTM) 17% · Top 25%
Revenue growth 3% · Below median
Debt / equity 0.07× · Lower than median

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

P/E (TTM) 2.9× · Cheaper than 75% of peers
P/B 1.62× · Pricier than median
P/S (TTM) 0.80× · Cheaper than 75% of peers
P/FCF 4.8× · Cheaper than median
EV/EBITDA 3.7× · Cheaper than 75% of peers

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.

VALUE 100 · sector 0
FUTURE 17 · sector 25
PAST 100 · sector 0
HEALTH 96 · sector 96
DIVIDEND 0 · sector 21

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 Aug 13, 2026).

Stock Price Fair Value vs Fair Value
BHP Group BHPN 1,425 MXN 745.46 MXN -48%
Rio Tinto Group RIO A$179.43 A$81.76 -54%
Grupo México, S.A. GMEXICOB 222.38 MXN 172.99 MXN -22%
Vale S.A VALEN 250.00 MXN 139.41 MXN -44%
Saudi Arabian Mining Company 1211 58.05 SAR 33.87 SAR -42%
CMOC Group 603993 ¥19.00 ¥19.80 +4%
China Tungsten And Hightech Materials Co 000657 ¥70.43 ¥9.55 -86%
Hindustan Zinc Limited HINDZINC ₹584.60 ₹501.98 -14%
China Northern Rare Earth (Group) High-Tech Co 600111 ¥41.02 ¥10.59 -74%
Boliden AB BOL kr 527.80 kr 461.48 -13%

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Frequently asked questions

Is Metro Mining Limited (MMILD) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of $1.58 versus a price of $0.9300, about +70% (undervalued).
What is the fair value of MMILD?
Our model-based fair value for Metro Mining Limited is $1.58 (as of Aug 13, 2026), built from audited fundamentals. The current price is $0.9300.
What is the quality score of MMILD?
Metro Mining Limited has a Quality Score of 63/100. 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 revenue of Metro Mining Limited (MMILD)?
Metro Mining Limited reported trailing-twelve-month revenue of about $378M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of MMILD?
The net profit margin of Metro Mining Limited is about 37.6%, meaning it keeps roughly 37.6% 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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