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Data-driven stock valuation

Venari Minerals NL (VMS) fair value: what the stock is really worth

We calculate from audited financials what Venari Minerals NL is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily, free.

  1. Compare price with fair valuebelow fair value = cheap, above = expensive
  2. Check the quality50 and up solid, 75 and up strong
  3. Watch it or check another stockalert when fair value or trend changes

Basic Materials · AU · Market cap A$10.9M (≈ $7.9M) · ISIN AU0000424921

At a glance

VM Venari Minerals NL VMS · AU
PriceA$0.0810
Fair ValueA$0.0255
Upside−68.5%
Quality22/100

Below-average quality, and trading another 218% above our fair value of A$0.0255.

As of Aug 29, 2026, the fair value of Venari Minerals NL is A$0.0255 per share against a price of A$0.0810, so the fair value sits 69% below the price. A model estimate from reported figures, not an analyst target.

!Weak Growth (revenue 5y −15.5 %/yr)
!Thin margins · 0.0% net margin
!negative free cash flow
!Trails peers (2/6)
!Narrow moat 8/100
!Evidence only low, so the estimate is less certain
Evidence: Low Range A$0.0255 to A$0.0255

Fair value as of: Aug 29, 2026

From 2 valuation models · updated 11 days ago

Share price −3.6% over the past month.

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What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (A$0.0255). The favourable scenario is already priced in.
  • Weak quality (22/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.

Price vs Fair Value (5 years)

A$1.69 A$0.0510 Fair Value A$0.0255 Jun 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 29, 2026.

How to read this chart

60‑month range A$0.0510 – A$1.69 · the A$0.0810 price screens above the A$0.0255 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 29, 2026.

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Analysis

Venari Minerals NL (VMS) currently trades at A$0.0810, while our model-based Fair Value estimate is A$0.0255, implying the stock looks roughly 217.7% overvalued today. The Quality Score stands at 22/100 (below-average quality), in the Basic Materials sector. How firm this estimate is: it rests on 2 models at a data quality of 95/100, which puts the evidence level at low.

Trailing-twelve-month revenue stands at A$6.8K. Revenue grew 131.1% year over year. It earns a return on equity of −9.3%. Fundamentals as of Aug 29, 2026

The share trades about 69% below its 52-week high and 59% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at −37% fair-value upside, at −69%, VMS screens richer than that median.

Fair Value models

Each model values the company its own way; the fair value above is the evidence-weighted blend. Evidence (0 to 100) shows how complete a model's inputs are. How we calculate →

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
EV/EBITDA best evidence A$0.0200 A$0.0200 A$0.0300 64
NCAV (Graham) A$0.0800 A$0.1000 A$0.1500 51
All 2 models by family
Multiples
EV/EBITDA best evidence A$0.0200 A$0.0200 A$0.0300 64
Asset-Based
NCAV (Graham) A$0.0800 A$0.1000 A$0.1500 51

Widest divergence: Asset-Based (A$0.1000) versus Multiples (A$0.0200). Highest evidence: EV/EBITDA (64).

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Key figures & financial health

EPS (TTM) A$−0.0300
Return on equity −9.3% TTM
Return on assets (EBIT) −52.5% avg 5y
Operating margin −55,912% TTM
Revenue (TTM) A$6.8K TTM
Revenue growth (YoY) +131% 3y avg −8.4%
More key figures
Balance sheet & cash flow
Free cash flow −A$4.8M FY2025
Net cash A$233K FY2025

Figures from reported company fundamentals · as of Aug 29, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 22/100

Of which business quality 28 · Market factors (momentum, volatility) 18

Profitability 0
Margins and returns on capital today
Quality Growth 37
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 76
Balance sheet, leverage, solvency risk
Investment 0
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 2
Price trend over the last 3–12 months (market factor)
52W Momentum 7
Distance to the 52-week high (market factor)
Net Issuance 50
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.

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

Venari Minerals NL engages in the exploration and development of mineral resource properties in Australia and the United States. The company explores for critical and precious metals, silver, lithium, and gold deposits. Its flagship project is Red Mountain Lithium Project located in Nevada.

Full company description

Venari Minerals NL engages in the exploration and development of mineral resource properties in Australia and the United States. The company explores for critical and precious metals, silver, lithium, and gold deposits. Its flagship project is Red Mountain Lithium Project located in Nevada. Venari Minerals NL was formerly known as Astute Metals NL and changed its name to Venari Minerals NL in September 2025. Venari Minerals NL was incorporated in 1988 and is based in Sydney, Australia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Venari Minerals NL reported revenue of A$6.2K in FY2025 versus A$6.2K in FY2021, a compound +0.0%/yr. Reported net income was −A$2.9M in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
A$6.2K
Latest YoY
−93.4%
Avg. revenue 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.
−8.4%
Avg. revenue 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.
−15.5%
Avg. revenue growth/yr (12Y) 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.
−32.4%
EBIT 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.
−7,988.3% (2020) → −5,303.4% (2025)
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue +0.0%/yr
FY21 A$6.2K
FY22 A$8.1K
FY23 A$94.9K
FY24 A$94.7K
FY25 A$6.2K
Net income
FY21 −A$11.8M
FY22 −A$17.8M
FY23 −A$9.1M
FY24 −A$4.0M
FY25 −A$2.9M

VMS screens 218% overvalued. Compare with BHP Group →

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Cite: Fair Value Calculator (2026). "Venari Minerals NL Fair Value". https://www.fairvalue-calculator.com/stock/VMS

Peer Group

Other Industrial Metals & Mining · 471 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
Quality Score 28 · Bottom 25%
Fair Value upside −67% · Bottom 25%
Profitability
Return on assets −5% · Below median
Net margin (TTM) 0% · Above median
Growth and dividend
Revenue growth 131% · Top 25%

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

P/B 0.39× · Cheapest 25%

Context: sector, industry, market

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 0
FUTURE100 · sector 41
PAST0 · sector 0
HEALTH0 · sector 96
DIVIDEND0 · sector 37

VALUE 0: the price sits above our fair-value range.

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

Similar stocks

10 more Other Industrial Metals & Mining stocks, each showing price versus our Fair Value estimate (as of Aug 29, 2026).

Stock Price Fair Value vs Fair Value
BHP Group BHP A$66.84 A$42.16 −37%
Vale S.A VALE $15.27 $8.95 −41%
Saudi Arabian Mining Company 1211 65.50 SAR 33.87 SAR −48%
CMOC Group 603993 ¥18.42 ¥16.15 −12%
Teck Resources Limited TECK $69.34 $32.02 −54%
China Tungsten And Hightech Materials Co 000657 ¥66.76 ¥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%
Western Mining Co 601168 ¥37.85 ¥25.99 −31%
Boliden AB BOL kr 527.80 kr 461.48 −13%

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Frequently asked questions

Is Venari Minerals NL (VMS) overvalued or undervalued?
As of Aug 29, 2026, our model estimates a fair value of A$0.0255 versus a price of A$0.0810, about −69% upside (overvalued).
What is the fair value of VMS?
Our model-based fair value for Venari Minerals NL is A$0.0255 (as of Aug 29, 2026), built from audited fundamentals. The current price: A$0.0810.
What is the quality score of VMS?
Venari Minerals NL 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 price target for Venari Minerals NL (VMS)?
Our model-based price target is the fair value of A$0.0255 (as of Aug 29, 2026) from 2 valuation models. It is a calculation from audited fundamentals, not an analyst target.
What is the Venari Minerals NL stock forecast for 2026?
Our models put fair value at A$0.0255, about −69% upside versus a price of A$0.0810 (overvalued). The calculation is refreshed regularly with new filings.
What is the revenue of Venari Minerals NL (VMS)?
Venari Minerals NL reported trailing-twelve-month revenue of about A$6.8K (latest available figure, as of Aug 29, 2026).
What is the net profit margin of VMS?
The net profit margin of Venari Minerals NL is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.
What is the intrinsic value of Venari Minerals NL (VMS)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Venari Minerals NL it is A$0.0255 per share (as of Aug 29, 2026), against a price of A$0.0810. It is the blended result of 2 valuation models (cash flow, earnings, asset, dividend).
Is Venari Minerals NL stock overvalued or undervalued in 2026?
As of Aug 29, 2026, VMS trades above its calculated fair value: price A$0.0810, fair value A$0.0255, a gap of about −69% (overvalued). 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 VMS?
No. The price is what the market pays today (A$0.0810); the fair value is what the company's own numbers justify (A$0.0255). For Venari Minerals NL the two are A$0.0555 per share apart. That gap is exactly why we show both numbers side by side.
How much is Venari Minerals NL worth?
The market values Venari Minerals NL at about A$10.9M (market capitalisation, as of Aug 29, 2026). Per share that is A$0.0810; our models calculate a fair value of A$0.0255 per share.
How solid is the balance sheet of Venari Minerals NL (VMS)?
Balance-sheet figures for Venari Minerals NL (as of Aug 29, 2026): return on equity −9.3%. They feed the Quality Score of 22/100, which measures business quality independently of the share price.
How far is VMS from its 52-week high?
Venari Minerals NL trades at A$0.0810, about 69% below its 52-week high of A$0.2650 and 59% above the low of A$0.0510 (as of Aug 29, 2026). Distance from the high says nothing about value: that is what the fair value of A$0.0255 is for.
Which stocks are comparable to Venari Minerals NL?
From the same area (Basic Materials) we also value BHP Group, Vale S.A, Saudi Arabian Mining Company, CMOC Group, 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 Venari Minerals NL stock attractive at the current price?
The data as of Aug 29, 2026: price A$0.0810, calculated fair value A$0.0255 (−69%), Quality Score 22/100, from 2 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 VMS calculated?
We run Venari Minerals NL through 2 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$0.0255, with the spread shown as a cautious and an optimistic scenario.
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