ST Barbara Ltd (SBM) fair value: what the stock is really worth
As of Nov 13, 2026: fair value (intrinsic value) of ST Barbara Ltd stock A$0.44, price A$0.71, that is 37.3% below the price, quality 31 out of 100. Rating: strongly overvalued. The value is an estimate: none of our valuation models currently carries, it draws on revenue and assets compared with similar companies. Updated daily.
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ST Barbara Ltd
SBM · AUFar too expensive (fair value 37% below the price) and weak company, but rising price: meets 1 of 3 rules.
What runs behind every stock
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 10, 2026.
How to read this chart
60‑month range A$0.1400 – A$0.9300 · fair‑value band A$0.3337 – A$0.5562 · the A$0.7100 price screens above the A$0.4449 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 3 fiscal years are left out: there the valuation rested on only a fraction of the usual models. As of Nov 10, 2026.
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Company profile
St Barbara Limited, together with its subsidiaries, engages in the exploration, development, mining, and sale of gold. The company also explores for silver deposits. It holds interest in the Simberi project located in the province of New Ireland, Papua New Guinea.
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The company was incorporated in 1969 and is based in Perth, Australia.
Stock analysis
ST Barbara Ltd (SBM) currently trades at A$0.7100, while our estimate is A$0.4449, 37% below the price, so the stock looks overvalued today.
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Valuation
None of our valuation models currently carries for this company, usually because of losses or heavy investment. The estimate draws on revenue and assets compared with similar companies and is less precise than a model-based fair value.
Scenario range: A$0.3337 (bear) to A$0.5562 (bull), the price of A$0.7100 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 31/100 (below-average quality), in the Basic Materials sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
ST Barbara Ltd reported revenue of A$3.6M in FY2026 versus A$201M in FY2022, a compound −63.4%/yr. Reported net income was −A$9.6M in FY2026.
Key figures
Market cap A$871M (≈ $592M) Small · EPS (TTM) A$−0.4500 · Dividend yield 7.0% · Return on equity −4.3% · Return on assets (EBIT) −9.0% (5-year average) · Operating margin −874% · Revenue (TTM) A$3.6M · Revenue growth (YoY) +32.4%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 14 out of 100 (low confidence).
What moves the price
The share trades about 24% below its 52-week high and 73% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −2% fair-value upside, at −37%, SBM screens richer than that median.
Fair Value
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Revenue & earnings trend
SBM screens overvalued: fair value 37% below the price. Compare with Newmont Corporation →
Earlier news
- St Barbara to divest New Simberi Gold Project stake for $295m
- St Barbara receives $269.5m investment from Lingbao
- When Will St Barbara Limited (ASX:SBM) Turn A Profit?
- Strong week for St Barbara (ASX:SBM) shareholders doesn't alleviate pain of five-year loss
Compare ST Barbara Ltd with another stock
Price, fair value, quality and upside side by side.
Peer Groupⓘ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.Gold · 280 stocks
Valuation Multiplesvs Gold median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
Context: sector, industry, market
- Is the Materials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- PEG ratio by industry
- Revenue growth by industry
- PEG screener for stocks with fair value
- Valuation of the Australia market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Gold stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Evolution Mining Limited EVN | A$13.02 | A$16.93 | +30% | vs SBM |
| Agnico Eagle Mines Limited AEM | $178.41 | $220.07 | +23% | vs SBM |
| Newmont Corporation NEM | $112.64 | $130.32 | +16% | vs SBM |
| AngloGold Ashanti plc AU | $87.60 | $88.58 | +1% | vs SBM |
| Royal Gold, Inc RGLD | $255.34 | $251.36 | −2% | vs SBM |
| Shandong Gold Mining Co 600547 | ¥24.91 | ¥23.61 | −5% | vs SBM |
| Kinross Gold Corporation KGC | $20.71 | $18.00 | −13% | vs SBM |
| Franco-Nevada Corporation FNV | $247.72 | $212.30 | −14% | vs SBM |
| Wheaton Precious Metals Corp WPM | $131.80 | $87.64 | −34% | vs SBM |
| Zijin Mining Group 601899 | ¥26.78 | ¥15.62 | −42% | vs SBM |
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Frequently asked questions
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Key figures of ST Barbara Ltd
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