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Tasman Resources Ltd (TAS) Fair Value & Analysis

Basic Materials · AU · Market cap A$25.5M

TR Tasman Resources Ltd TAS · AU
PriceA$0.0300
Fair ValueA$0.0302
Upside+0.7%
Quality55/100
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Weak Growth
Highly profitable · 80.7% net margin
Low debt · negative free cash flow
Ranks above peers (11/13)
Wide moat 85/100
Evidence: Low Share as image

Fair value as of: Jun 26, 2026

From 1 valuation models · updated 49 days ago

Fair value updated Jun 26, 2026, revised from A$0.0200 to A$0.0302 (+51.0%) since Jun 24, 2026. Share price −37.5% over the past month.

A solid business, currently priced close to our fair value.

What matters 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.
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Price vs Fair Value (5 years)

A$0.1827 A$0.0130 Fair Value A$0.0302 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jun 26, 2026.

How to read this chart

60‑month range A$0.0130 – A$0.1827 · the A$0.0300 price screens below the A$0.0302 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jun 26, 2026.

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Analysis

Tasman Resources Ltd (TAS) currently trades at A$0.0300, while our model-based Fair Value estimate is A$0.0302, implying the stock looks roughly 0.7% fairly valued today. The Quality Score stands at 55/100 (solid 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.

Over the trailing twelve months, Tasman Resources Ltd generated revenue of A$21.1M at a net margin of 80.7%. It earns a return on equity of 218.9%. Net debt stands at A$16.3M. The stock trades on a trailing P/E of 1.5 (as of Jun 8, 2026). Fundamentals as of Jun 26, 2026

The share trades about 64% below its 52-week high and 131% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -42% fair-value upside, at 1%, TAS 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$21.1M
Revenue growth (YoY) +1,380%
Net margin 80.7%
Return on equity 219%
Free cash flow −A$3.9M FY2025
P/E ratio 1.5 as of Jun 8, 2026
More key figures
Operating margin 88.9%
EPS (TTM) A$0.0400
Net debt A$16.3M FY2025

Figures from reported company fundamentals · as of Jun 26, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 55/100

Of which business quality 41 · Market factors (momentum, volatility) 36

Profitability 3
Margins and returns on capital today
Quality Growth 80
Are margins and returns improving?
Cashflow 18
Earnings quality: real cash, not paper profit
Fin. Strength 6
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 12
Calm price path (market factor)
Momentum 36
Price trend over the last 3–12 months (market factor)
52W Momentum 62
Distance to the 52-week high (market factor)
Net Issuance 100
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

Tasman Resources Ltd engages in the exploration of mineral properties in Australia. It also explores for precious and base metals, including gold, silver, copper, cobalt, zinc, lead, nickel, and uranium, as well as iron-oxide.

Full company description

Tasman Resources Ltd engages in the exploration of mineral properties in Australia. It also explores for precious and base metals, including gold, silver, copper, cobalt, zinc, lead, nickel, and uranium, as well as iron-oxide. The company holds 100% interests in the Lake Torrens IOCG project; Pernatty IOCG project; and Parkinson Dam Gold, Silver, Lead, Zinc project. Tasman Resources Ltd was incorporated in 1987 and is based in Perth, Australia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Tasman Resources Ltd reported revenue of A$2.4M in FY2025 versus A$3.3M in FY2021, a compound −7.1%/yr. Reported net income was −A$3.0M in FY2025.

Growth Quality 27/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
A$2.4M
Latest YoY
+21.3%
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.
−16.2%
Avg. growth/yr (5Y) 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.
+0.2%
Avg. growth/yr (24Y) 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.
+38.4%
Revenue −7.1%/yr
FY21 A$3.3M
FY22 A$4.1M
FY23 A$4.7M
FY24 A$2.0M
FY25 A$2.4M
Net income
FY21 −A$2.7M
FY22 −A$2.6M
FY23 −A$5.7M
FY24 −A$13.1M
FY25 −A$3.0M

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

Peer Group

Other Industrial Metals & Mining · 478 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 41 · Above median
Fair Value upside +0% · Above median
Return on equity (TTM) 219% · Top 25%
Return on assets 59% · Top 25%
Net margin (TTM) 81% · Top 25%
Operating margin (TTM) 89% · Top 25%
Revenue growth 1380% · Top 25%

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

P/E (TTM) 1.5× · Cheaper than 75% of peers
P/B 5.17× · Pricier than 75% of peers
P/S (TTM) 0.85× · Cheaper than median
EV/EBITDA 1.1× · Cheaper than 75% of peers
PEG 1.39× · 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 33 · sector 0
FUTURE 100 · sector 24
PAST 100 · sector 0
HEALTH 100 · 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 26, 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%

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Frequently asked questions

Is Tasman Resources Ltd (TAS) overvalued or undervalued?
As of Jun 26, 2026, our model estimates a fair value of A$0.0302 versus a price of A$0.0300, about +1% (fairly valued).
What is the fair value of TAS?
Our model-based fair value for Tasman Resources Ltd is A$0.0302 (as of Jun 26, 2026), built from audited fundamentals. The current price is A$0.0300.
What is the quality score of TAS?
Tasman Resources Ltd has a Quality Score of 55/100. 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 Tasman Resources Ltd (TAS)?
Tasman Resources Ltd reported trailing-twelve-month revenue of about A$21.1M (latest available figure, as of Jun 26, 2026).
What is the net profit margin of TAS?
The net profit margin of Tasman Resources Ltd is about 80.7%, meaning it keeps roughly 80.7% 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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