EN DE

Syrah Resources Ltd (SYR) Fair Value & Analysis

Basic Materials · AU · Market cap A$279M

SR Syrah Resources Ltd SYR · AU
PriceA$0.1050
Fair ValueA$0.0850
Upside-19.1%
Quality22/100
Watch Syrah Resources Ltd for free, get notified when fair value or trend changes. Watch for free
Weak Growth
Thin margins · 0.0% net margin
Low debt · negative free cash flow
Trails peers (4/11)
Narrow moat 9/100
Evidence: Low Range A$0.0595 – A$0.1190 Share as image

Fair value as of: Aug 13, 2026

From 1 valuation models · updated 3 days ago

Share price −8.7% over the past month.

Below-average quality, and screening another 19% overvalued on our models.

Fair value for all 35,000+ stocks, review alerts and the diversification check: 14 days of Pro free, no card.

What matters now

  • Weak quality (22/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • A fairly wide model range (A$0.0595 to A$0.1190) leaves room in how you read the outcome.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

A$2.67 A$0.0980 Fair Value A$0.0850 May 2021 Aug 2026

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$0.0980 – A$2.67 · fair‑value band A$0.0595 – A$0.1190 · the A$0.1050 price screens above the A$0.0850 fair value. Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Syrah Resources Ltd (SYR) currently trades at A$0.1050, while our model-based Fair Value estimate is A$0.0850, implying the stock looks roughly 19.1% overvalued today. The Quality Score stands at 22/100 (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$33.4M. Revenue grew 151.5% year over year. It earns a return on equity of -28.4%. Net debt stands at A$216M. Fundamentals as of Aug 13, 2026

Our scenario range runs from A$0.0595 (bear case) to A$0.1190 (bull case); at A$0.1050, 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. For context, the median of 10 Basic Materials peers we cover trades at -42% fair-value upside, at -19%, SYR 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$0.0700 A$0.1000 A$0.1400 50
All 1 models by family
Asset-Based
NCAV (Graham) A$0.0700 A$0.1000 A$0.1400 50

Notify me when SYR reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) A$33.4M
Revenue growth (YoY) +152%
Return on equity -28.4%
Free cash flow −A$74.0M FY2025
Operating margin -135%
EPS (TTM) A$-0.1100
More key figures
Net debt A$216M FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 22/100

Of which business quality 23 · Market factors (momentum, volatility) 18

Profitability 0
Margins and returns on capital today
Quality Growth 56
Are margins and returns improving?
Cashflow 4
Earnings quality: real cash, not paper profit
Fin. Strength 39
Balance sheet, leverage, solvency risk
Investment 59
Disciplined investing over empire-building
Low Volatility 34
Calm price path (market factor)
Momentum 17
Price trend over the last 3–12 months (market factor)
52W Momentum 1
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

Syrah Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of mineral properties in Australia, China, Europe, India, the Americas, and internationally. It operates through Balama and Vidalia segments.

Full company description

Syrah Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of mineral properties in Australia, China, Europe, India, the Americas, and internationally. It operates through Balama and Vidalia segments. The company's flagship project is the Balama graphite; and vanadium project located in Cabo Delgado Province, Mozambique. It also involved in the operation and expansion of the Vidalia active anode material facility; construction of the Vidalia Initial Expansion project; and evaluation of the Vidalia Further Expansion project. In addition, it is involved in production, distribution and sale of natural graphite; customer engagement and commercial negotiations, research and development; and treasury, investing activities. Syrah Resources Limited was incorporated in 2007 and is headquartered in Melbourne, Australia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Syrah Resources Ltd reported revenue of A$34.5M in FY2025 versus A$28.0M in FY2021, a compound +5.3%/yr. Reported net income was −A$101M in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
A$34.5M
Latest YoY
+77.1%
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.
−31.3%
Avg. growth/yr (18Y) 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.
+32.8%
Revenue +5.3%/yr
FY21 A$28.0M
FY22 A$107M
FY23 A$48.9M
FY24 A$19.5M
FY25 A$34.5M
Net income
FY21 −A$56.7M
FY22 −A$24.6M
FY23 −A$85.2M
FY24 −A$77.5M
FY25 −A$101M

SYR screens 19% overvalued. Compare with BHP Group →

Share or link this analysis
For bloggers & editors: embed code + live data

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.

Cite: Fair Value Calculator (2026). "Syrah Resources Ltd Fair Value". https://www.fairvalue-calculator.com/stock/SYR

Peer Group

Other Industrial Metals & Mining · 480 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 22 · Bottom 25%
Fair Value upside −19% · Above median
Return on assets -8% · Below median
Net margin (TTM) 0% · Above median
Operating margin (TTM) -135% · Bottom 25%
Revenue growth 152% · Top 25%
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.40× · Higher than 75% of peers

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

P/B 0.60× · Cheaper than 75% of peers
P/S (TTM) 5.92× · 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 8 · sector 0
FUTURE 100 · sector 24
PAST 0 · sector 0
HEALTH 80 · sector 96
DIVIDEND 0 · sector 38

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 Aug 13, 2026).

Stock Price Fair Value vs Fair Value
BHP Group BHPN 1,425 MXN 745.46 MXN -48%
Rio Tinto Group RIO A$179.43 A$81.76 -54%
Grupo México, S.A. GMEXICOB 222.38 MXN 172.99 MXN -22%
Vale S.A VALEN 250.00 MXN 139.41 MXN -44%
Saudi Arabian Mining Company 1211 58.05 SAR 33.87 SAR -42%
CMOC Group 603993 ¥19.00 ¥19.80 +4%
China Tungsten And Hightech Materials Co 000657 ¥70.43 ¥9.55 -86%
Hindustan Zinc Limited HINDZINC ₹584.60 ₹501.98 -14%
China Northern Rare Earth (Group) High-Tech Co 600111 ¥41.02 ¥10.59 -74%
Boliden AB BOL kr 527.80 kr 461.48 -13%

Compare Syrah Resources Ltd with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Basic Materials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Syrah Resources Ltd (SYR) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of A$0.0850 versus a price of A$0.1050, about −19% (overvalued).
What is the fair value of SYR?
Our model-based fair value for Syrah Resources Ltd is A$0.0850 (as of Aug 13, 2026), built from audited fundamentals. The current price is A$0.1050.
What is the quality score of SYR?
Syrah Resources Ltd has a Quality Score of 22/100. 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 Syrah Resources Ltd (SYR)?
Syrah Resources Ltd reported trailing-twelve-month revenue of about A$33.4M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of SYR?
The net profit margin of Syrah Resources Ltd 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.

14 days Pro free · no card

Track Syrah Resources 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.