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McLaren Minerals Limited (MML) Fair Value & Analysis

Basic Materials · AU · Market cap A$5.6M

MM McLaren Minerals Limited MML · AU
PriceA$0.0120
Fair ValueA$0.0085
Upside-29.2%
Quality30/100
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Weak Growth
Thin margins · 0.0% net margin
negative free cash flow
Mixed vs. peers (3/7)
Narrow moat 5/100
Evidence: Low Range A$0.0087 – A$0.0099 Share as image

Fair value as of: Jul 19, 2026

From 1 valuation models · updated 22 days ago

Share price +9.1% over the past month.

Below-average quality, and screening another 29% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (A$0.0099). The favourable scenario is already priced in.
  • Weak quality (30/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The models converge in a tight band (A$0.0087 to A$0.0099), unusually little disagreement for a valuation.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
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Price vs Fair Value (4 years)

A$0.1850 A$0.0100 Fair Value A$0.0085 May 2022 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 19, 2026.

How to read this chart

51‑month range A$0.0100 – A$0.1850 · fair‑value band A$0.0087 – A$0.0099 · the A$0.0120 price screens above the A$0.0085 fair value. Dashed = 300-day average. As of Jul 19, 2026.

Full chart & analysis →

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Analysis

McLaren Minerals Limited (MML) currently trades at A$0.0120, while our model-based Fair Value estimate is A$0.0085, implying the stock looks roughly 29.2% overvalued today. The Quality Score stands at 30/100 (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).

Trailing-twelve-month revenue stands at A$8.0K. Revenue declined 86.4% year over year. It earns a return on equity of -43.4%. Fundamentals as of Jul 19, 2026

Our scenario range runs from A$0.0087 (bear case) to A$0.0099 (bull case); at A$0.0120, 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 73% below its 52-week high, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -34% fair-value upside, at -29%, MML 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
NCAV (Graham) A$0.0100 50
All 1 models by family
Asset-Based
NCAV (Graham) A$0.0100 50

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Key figures & financial health

Revenue (TTM) A$8.0K
Revenue growth (YoY) -86.4%
Return on equity -43.4%
Free cash flow −A$3.2M FY2025
Operating margin -37,826%
EPS (TTM) A$-0.0100
More key figures
Net cash A$305K FY2025

Figures from reported company fundamentals · as of Jul 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 30/100

Of which business quality 33 · Market factors (momentum, volatility) 16

Profitability 0
Margins and returns on capital today
Quality Growth 60
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 83
Balance sheet, leverage, solvency risk
Investment 67
Disciplined investing over empire-building
Low Volatility 47
Calm price path (market factor)
Momentum 4
Price trend over the last 3–12 months (market factor)
52W Momentum 2
Distance to the 52-week high (market factor)
Net Issuance 0
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

McLaren Minerals Limited engages in the mineral exploration and evaluation activities in Australia. It primarily explores silica sand and titanium deposits. The company's flagship project is the McLaren Minerals Titanium project located on the western side of the Eucla Basin, Western Australia.

Full company description

McLaren Minerals Limited engages in the mineral exploration and evaluation activities in Australia. It primarily explores silica sand and titanium deposits. The company's flagship project is the McLaren Minerals Titanium project located on the western side of the Eucla Basin, Western Australia. The company was formerly known as Allup Silica Limited and changed its name to McLaren Minerals Limited in December 2024. McLaren Minerals Limited was incorporated in 2013 and is based in Perth, Australia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

McLaren Minerals Limited reported revenue of A$8.0K in FY2025 versus A$179M in FY2021, a compound −91.8%/yr. Reported net income was −A$2.4M in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
A$8.0K
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.
−86.0%
Avg. growth/yr (19Y) 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.
−27.6%
Revenue −91.8%/yr
FY21 A$179M
FY22 A$1.3K
FY23 A$93.7K
FY24 A$2.2K
FY25 A$8.0K
Net income
FY21 A$47.3M
FY22 −A$891K
FY23 −A$1.6M
FY24 −A$1.4M
FY25 −A$2.4M
Character of growth · EPS growth decomposed (2010-2021) −8.2 % p.a.
Revenue per share +2.4 pp

of which total revenue +3.9 pp · buybacks/dilution −1.5 pp

EBIT margin −12.8 pp
Tax rate −1.2 pp
Residual (interest, one-offs) +3.4 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

MML screens 29% overvalued. Compare with BHP Group →

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Cite: Fair Value Calculator (2026). "McLaren Minerals Limited Fair Value". https://www.fairvalue-calculator.com/stock/MML

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 30 · Below median
Fair Value upside −29% · Above median
Return on assets -25% · Bottom 25%
Net margin (TTM) 0% · Above median
Revenue growth -86% · Bottom 25%

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

P/B 1.34× · Cheaper than median

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 Jul 19, 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 McLaren Minerals Limited (MML) overvalued or undervalued?
As of Jul 19, 2026, our model estimates a fair value of A$0.0085 versus a price of A$0.0120, about −29% (overvalued).
What is the fair value of MML?
Our model-based fair value for McLaren Minerals Limited is A$0.0085 (as of Jul 19, 2026), built from audited fundamentals. The current price is A$0.0120.
What is the quality score of MML?
McLaren Minerals Limited has a Quality Score of 30/100. 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 McLaren Minerals Limited (MML)?
McLaren Minerals Limited reported trailing-twelve-month revenue of about A$8.0K (latest available figure, as of Jul 19, 2026).
What is the net profit margin of MML?
The net profit margin of McLaren Minerals 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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