Reward Minerals Ltd (RWD) Fair Value & Analysis
Basic Materials · AU · Market cap A$8.1M
Strengths
Risks
Fair value as of: Aug 13, 2026
From 2 valuation models · updated 11 days ago
Below-average quality, trading 12% below our fair value.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
What matters now
- Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
- Our model range runs from A$0.0276 (bear) to A$0.0404 (bull), base A$0.0340. The closer the price sits to the lower half, the larger the margin of safety.
- Quality 30/100 (below-average quality) with low evidence: read the verdict with care.
Price vs Fair Value (5 years)
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
60‑month range A$0.0230 – A$0.1382 · fair‑value band A$0.0276 – A$0.0404 · the A$0.0300 price screens below the A$0.0340 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.
Analysis
Reward Minerals Ltd (RWD) currently trades at A$0.0300, while our model-based Fair Value estimate is A$0.0340, implying the stock looks roughly 13.3% undervalued today. The Quality Score stands at 30/100 (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$19.7K. Revenue declined 59.6% year over year. Net debt stands at A$5.8M. Fundamentals as of Aug 13, 2026
Our scenario range runs from A$0.0276 (bear case) to A$0.0404 (bull case); at A$0.0300, the current price sits within 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 46% 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 13%, RWD 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.
All 2 models by family
Notify me when RWD reaches fair value
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 29 · Market factors (momentum, volatility) 20
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
Reward Minerals Ltd, together with its subsidiary, engages in the exploration and development of potash mineral properties in Australia and Canada. The company's project includes the Carnarvon Potash Project which covers an area of 219 square kilometers located in Carnarvon in Western Australia.
Full company description
Reward Minerals Ltd, together with its subsidiary, engages in the exploration and development of potash mineral properties in Australia and Canada. The company's project includes the Carnarvon Potash Project which covers an area of 219 square kilometers located in Carnarvon in Western Australia. Reward Minerals Ltd was incorporated in 1986 and is headquartered in Nedlands, Australia.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Reward Minerals Ltd reported revenue of A$252K in FY2025 versus A$426 in FY2021, a compound +393.0%/yr. Reported net income was −A$2.5M in FY2025.
Watch RWD: get an alert when its fair value changes →
Peer Group
Other Industrial Metals & Mining · 477 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
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.
PAST 0: with negative equity (buybacks among others) return on equity is not meaningfully computable.
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 Aug 13, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| BHP Group BHP | A$63.71 | A$42.33 | -34% |
| Vale S.A VALE | $13.63 | $8.95 | -34% |
| Saudi Arabian Mining Company 1211 | 65.50 SAR | 33.87 SAR | -48% |
| CMOC Group 603993 | ¥19.00 | ¥19.80 | +4% |
| Teck Resources Limited TECK | $65.95 | $31.92 | -52% |
| China Tungsten And Hightech Materials Co 000657 | ¥70.43 | ¥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% |
| Boliden AB BOL | kr 527.80 | kr 461.48 | -13% |
| Western Mining Co 601168 | ¥37.85 | ¥25.99 | -31% |
Compare Reward Minerals Ltd with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Basic Materials stocks →
Discover undervalued stocks
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
Frequently asked questions
Is Reward Minerals Ltd (RWD) overvalued or undervalued?
What is the fair value of RWD?
What is the quality score of RWD?
What is the revenue of Reward Minerals Ltd (RWD)?
What is the net profit margin of RWD?
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.
Track Reward Minerals Ltd and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.