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New Frontier Minerals Limited (NFM) Fair Value & Analysis

Basic Materials · AU · Market cap A$10.4M

NF New Frontier Minerals Limited NFM · AU
PriceA$0.0070
Fair ValueA$0.0200
Upside+185.7%
Quality28/100
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Expensive Growth
Thin margins · 0.0% net margin
negative free cash flow
Mixed vs. peers (4/8)
Narrow moat 9/100
Evidence: Low Range A$0.0100 – A$0.0200 Share as image

Fair value as of: Jun 25, 2026

From 1 valuation models · updated 46 days ago

Share price +16.7% over the past month.

Below-average quality, screening 186% undervalued on our models.

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.
  • The price is below even our cautious bear case (A$0.0100). The market is more pessimistic than our downside scenario.
  • 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$0.0100 to A$0.0200) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

A$0.0690 A$0.0040 Fair Value A$0.0200 Jan 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jun 25, 2026.

How to read this chart

60‑month range A$0.0040 – A$0.0690 · fair‑value band A$0.0100 – A$0.0200 · the A$0.0070 price screens below the A$0.0200 fair value. Dashed = 300-day average. As of Jun 25, 2026.

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Analysis

New Frontier Minerals Limited (NFM) currently trades at A$0.0070, while our model-based Fair Value estimate is A$0.0200, implying the stock looks roughly 185.7% undervalued today. The Quality Score stands at 28/100 (below-average 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: low), always confirm before acting.

Trailing-twelve-month revenue stands at A$23.3K. Revenue grew 18.3% year over year. It earns a return on equity of -12.9%. The balance sheet holds a net cash position of A$1.8M. Fundamentals as of Jun 25, 2026

Our scenario range runs from A$0.0100 (bear case) to A$0.0200 (bull case); at A$0.0070, 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 76% below its 52-week high and 17% 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 186%, NFM 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$23.3K
Revenue growth (YoY) +18.3%
Return on equity -12.9%
Free cash flow −A$1.3M FY2025
Operating margin -1,489%
Net cash A$1.8M FY2025

Figures from reported company fundamentals · as of Jun 25, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 28/100

Of which business quality 31 · Market factors (momentum, volatility) 21

Profitability 0
Margins and returns on capital today
Quality Growth 12
Are margins and returns improving?
Cashflow 1
Earnings quality: real cash, not paper profit
Fin. Strength 89
Balance sheet, leverage, solvency risk
Investment 67
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 12
Price trend over the last 3–12 months (market factor)
52W Momentum 4
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

New Frontier Minerals Limited engages in the exploration and examination of mineral properties primarily in Australia and Zambia. It primarily explores for copper, cobalt, silver, gold, lead, niobium, uranium, and zinc deposits, as well as rare earth elements.

Full company description

New Frontier Minerals Limited engages in the exploration and examination of mineral properties primarily in Australia and Zambia. It primarily explores for copper, cobalt, silver, gold, lead, niobium, uranium, and zinc deposits, as well as rare earth elements. The company holds interest in Harts Range project located in north-east from Alice Springs and NWQ Copper Project located in north of Mt Isa in Queensland. It also holds option to acquire 90% of Pomme REE Project, consists of 43 mineral claims, covering approximately nine square miles located in northwest of Montreal in Quebec. The company was formerly known as Castillo Copper Limited and changed its name to New Frontier Minerals Limited in December 2024. New Frontier Minerals Limited was incorporated in 2009 and is based in Subiaco, Australia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

New Frontier Minerals Limited reported revenue of A$23.0K in FY2025 versus A$620 in FY2022, a compound +233.4%/yr. Reported net income was −A$2.5M in FY2025.

Growth Quality 32/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
A$23.0K
Latest YoY
−35.6%
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.
+233.4%
Revenue +233.4%/yr
FY22 A$620
FY23 A$15.6K
FY24 A$35.7K
FY25 A$23.0K
Net income
FY21 −A$1.6M
FY22 −A$1.7M
FY23 −A$6.9M
FY24 −A$1.5M
FY25 −A$2.5M

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

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 31 · Below median
Fair Value upside +186% · Top 25%
Return on assets -6% · Below median
Net margin (TTM) 0% · Above median
Revenue growth 18% · Above median

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

P/B 0.66× · Cheaper than 75% of peers
EV/EBITDA 11.8× · Pricier than median

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 92 · sector 23
PAST 0 · sector 0
HEALTH 0 · 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 Jun 25, 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 New Frontier Minerals Limited (NFM) overvalued or undervalued?
As of Jun 25, 2026, our model estimates a fair value of A$0.0200 versus a price of A$0.0070, about +186% (undervalued).
What is the fair value of NFM?
Our model-based fair value for New Frontier Minerals Limited is A$0.0200 (as of Jun 25, 2026), built from audited fundamentals. The current price is A$0.0070.
What is the quality score of NFM?
New Frontier Minerals Limited has a Quality Score of 28/100. 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 New Frontier Minerals Limited (NFM)?
New Frontier Minerals Limited reported trailing-twelve-month revenue of about A$23.3K (latest available figure, as of Jun 25, 2026).
What is the net profit margin of NFM?
The net profit margin of New Frontier 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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