Somerset Minerals Limited (SMM) fair value: what the stock is really worth
As of Nov 5, 2026: fair value (intrinsic value) of Somerset Minerals Limited stock A$0.01, price A$0.01, that is 5.0% below the price, quality 51 out of 100. Rating: fairly valued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with oneYes, for free
Somerset Minerals Limited, together with its subsidiaries, explores and extracts mineral properties in Australia, Canada, and Ecuador. The company explores for copper, silver, zinc, lead, gold, chalcocite, bornite, chalcopyrite, precious metal, and base metal deposits.
Show moreShow less
Its flagship projects are the 100% owned Prescott copper and base metals project that consists of 52 licenses covering an area of 624 square kilometers located in the Peel Sound area of the Polaris mineral district of Nunavut, Canada; and the 100% owned Coppermine project that consists of 102 exploration licenses and one exclusive exploration right covering an area of 1,665 square kilometers located in the Kitikmeot region of Nunavut, Canada.
The company was formerly known as Tempus Resources Limited and changed its name to Somerset Minerals Limited in June 2024. Somerset Minerals Limited was incorporated in 2018 and is based in Perth, Australia.
Stock analysis
Somerset Minerals Limited (SMM) currently trades at A$0.0060, while our model-based Fair Value estimate is A$0.0057, so the stock looks roughly fairly valued today (gap 5.3%).
Show more
Valuation
Bull case: the Earnings-Based group reads highest at a median of A$0.0500 per share, and 8 of the 8 models we run sit above the A$0.0060 price.
Bear case: the Economic Profit group reads lowest at A$0.0100, and 0 of the 8 models stay below the price. Data coverage for this calculation is low.
Scenario range: A$0.0049 (bear) to A$0.0065 (bull), the price of A$0.0060 sits inside 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 51/100 (solid quality), in the Basic Materials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Somerset Minerals Limited reported revenue of A$678K in FY2026 versus A$430 in FY2022, a compound +530.1%/yr. Reported net income was A$2.2M in FY2026.
Key figures
Market cap A$8.0M (≈ $5.6M) Micro · Return on equity 32.1% · Return on assets (EBIT) −125% · Operating margin −22,555% · Free cash flow −A$1.6M · Net cash A$3.0M.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 77 out of 100 (low confidence).
What moves the price
The share trades about 73% below its 52-week high and 20% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at 9% fair-value upside, at −5%, SMM screens richer than that median.
Fair Value models
BearA$0.0049Fair Value A$0.0057BullA$0.0065
Price A$0.0060 · Downside -5.0%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
Owner EarningsA$0.0200A$0.0400A$0.070068
Residual IncomeA$0.0100A$0.0100A$0.020065
Growth-Adj P/EA$0.0400A$0.0600A$0.080065
All 8 models by family
DCF Models
Owner EarningsA$0.0200A$0.0400A$0.070068
Earnings-Based
Graham-DoddA$0.0100A$0.0600A$0.090061
Lynch FVA$0.0300A$0.0500A$0.060059
PEG = 1.0A$0.0300A$0.0500A$0.060055
Multiples
P/E MultipleA$0.0200A$0.0200A$0.030063
P/B MultipleA$0.0200A$0.0200A$0.030055
Economic Profit
Residual IncomeA$0.0100A$0.0100A$0.020065
Growth Earnings
Growth-Adj P/EA$0.0400A$0.0600A$0.080065
The fair value above starts from this blend and is adjusted for dilution from new shares.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.59/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+232.2%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+114.6%
Revenue growth 12 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+15.5%
’14
’15
’16
’17
’18
’23
’24
’25
’26
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−598,818.6% (2022) → −385.0% (2026)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: no profitable base year
Compare Somerset Minerals Limited with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Other Industrial Metals & Mining · 373 stocks
Beats the industry median on 5/5 measures
Overall it ranks above its industry peers.
Valuation
Quality Score51 · Above median
Fair Value upside−5.0% · Above median
Profitability
Return on equity (12 months)32.1% · Top 25%
Return on assets14.8% · Top 25%
Valuation Multiplesvs Other Industrial Metals & Mining median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is Somerset Minerals Limited (SMM) overvalued or undervalued?
As of Nov 4, 2026, our model estimates a fair value of A$0.0057 versus a price of A$0.0060, about 5% lower (fairly valued).
What is the fair value of SMM?
Our model-based fair value for Somerset Minerals Limited is A$0.0057 (as of Nov 4, 2026), built from audited fundamentals. The current price: A$0.0060.
What is the quality score of SMM?
Somerset Minerals Limited has a Quality Score of 51/100. 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 price target for Somerset Minerals Limited (SMM)?
Our model-based price target is the fair value of A$0.0057 (as of Nov 4, 2026) from 8 valuation models. Cautious scenario A$0.0049, optimistic scenario A$0.0065. It is a calculation from audited fundamentals, not an analyst target.
What is the Somerset Minerals Limited stock forecast for 2026?
Our models put fair value at A$0.0057, about 5% lower versus a price of A$0.0060 (fairly valued). Cautious scenario A$0.0049, optimistic scenario A$0.0065. The calculation is refreshed regularly with new filings.
What is the intrinsic value of Somerset Minerals Limited (SMM)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Somerset Minerals Limited it is A$0.0057 per share (as of Nov 4, 2026), against a price of A$0.0060. It is the blended result of 8 valuation models (cash flow, earnings, asset, dividend).
Is Somerset Minerals Limited stock overvalued or undervalued in 2026?
As of Nov 4, 2026, SMM trades above its calculated fair value: price A$0.0060, fair value A$0.0057, a gap of about −5% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of SMM?
No. The price is what the market pays today (A$0.0060); the fair value is what the company's own numbers justify (A$0.0057). For Somerset Minerals Limited the two are A$0.0003 per share apart. That gap is exactly why we show both numbers side by side.
How much is Somerset Minerals Limited worth?
The market values Somerset Minerals Limited at about A$8.0M (market capitalisation, as of Nov 4, 2026). Per share that is A$0.0060; our models calculate a fair value of A$0.0057 per share.
What do the bullish and bearish scenarios say about SMM?
Our models span a range for Somerset Minerals Limited: cautious scenario A$0.0049, base A$0.0057, optimistic A$0.0065 per share (as of Nov 4, 2026, price A$0.0060). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Somerset Minerals Limited (SMM)?
Balance-sheet figures for Somerset Minerals Limited (as of Nov 4, 2026): return on equity 32.1%. They feed the Quality Score of 51/100, which measures business quality independently of the share price.
How far is SMM from its 52-week high?
Somerset Minerals Limited trades at A$0.0060, about 73% below its 52-week high of A$0.0225 and 20% above the low of A$0.0050 (as of Nov 5, 2026). Distance from the high says nothing about value: that is what the fair value of A$0.0057 is for.
Which stocks are comparable to Somerset Minerals Limited?
From the same area (Basic Materials) we also value BHP Group, Saudi Arabian Mining Company, CMOC Group, Fortescue Ltd, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Somerset Minerals Limited stock attractive at the current price?
The data as of Nov 4, 2026: price A$0.0060, calculated fair value A$0.0057 (−5%), Quality Score 51/100, from 8 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of SMM calculated?
We run Somerset Minerals Limited through 8 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of A$0.0057, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.0% above its aggregate fair value. Somerset Minerals Limited itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Somerset Minerals Limited (SMM)?
The closing price on Nov 5, 2026 was A$0.0060. Our model-based fair value is A$0.0057, about 5% lower (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Somerset Minerals Limited right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Key figures of Somerset Minerals Limited
How large is the market capitalisation of Somerset Minerals Limited (SMM)?
The market capitalisation of Somerset Minerals Limited is A$8.0M (≈ $5.6M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the return on equity of Somerset Minerals Limited (SMM)?
The return on equity (ROE) of Somerset Minerals Limited is 32.1% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Somerset Minerals Limited (SMM)?
On an EBIT basis the return on assets of Somerset Minerals Limited is −125% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Somerset Minerals Limited (SMM)?
The operating margin of Somerset Minerals Limited is −22,555% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How much free cash flow does Somerset Minerals Limited (SMM) generate?
The free cash flow of Somerset Minerals Limited is −A$1.6M (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Somerset Minerals Limited (SMM) hold?
Somerset Minerals Limited holds more cash than debt, A$3.0M net (fiscal year 2026). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch Somerset Minerals Limited in the live analysis
One click puts Somerset Minerals Limited on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Thin data
Nov 4, 2026
