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Red 5 Ltd
ASX:RED

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Red 5 Ltd
ASX:RED
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Price: 0.35 AUD 2.94% Market Closed
Market Cap: AU$2.4B

P/B

1.5
Current
5%
Cheaper
vs 3-y average of 1.6

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.5
=
Market Cap
AU$2.4B
/
Total Equity
AU$1.6B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.5
=
Market Cap
AU$2.4B
/
Total Equity
AU$1.6B

Valuation Scenarios

Red 5 Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (1.6), the stock would be worth AU$0.37 (6% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+120%
Average Upside
60%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.5 AU$0.35
0%
3-Year Average 1.6 AU$0.37
+6%
5-Year Average 1.9 AU$0.46
+33%
Industry Average 3.2 AU$0.77
+120%
Country Average 2.7 AU$0.64
+82%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
AU
Red 5 Ltd
ASX:RED
2.4B AUD 1.5 -437.8
RU
Polyus PJSC
LSE:PLZL
70.4T USD 13 054 34 959.7
ZA
Gold Fields Ltd
JSE:GFI
683.4B ZAR 5 11.7
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
181.2B ZAR 3.5 11.1
CN
Zijin Mining Group Co Ltd
SSE:601899
948.2B CNY 5.2 18.5
US
Newmont Corporation
NYSE:NEM
119B USD 3.5 16.8
CA
Agnico Eagle Mines Ltd
TSX:AEM
147.8B CAD 4.1 22.7
CA
Barrick Gold Corp
TSX:ABX
98.3B CAD 2.6 13.6
CA
Barrick Mining Corp
F:ABR0
58.7B EUR 2.6 13.9
CA
Wheaton Precious Metals Corp
TSX:WPM
92.5B CAD 7.3 43.3
HK
Zijin Gold International Co Ltd
HKEX:2259
468.4B HKD 7.2 37.4

Market Distribution

Lower than 74% of companies in Australia
Percentile
26th
Based on 2 062 companies
26th percentile
1.5
Low
0 — 1.6
Typical Range
1.6 — 4.3
High
4.3 —
Distribution Statistics
Australia
Min 0
30th Percentile 1.6
Median 2.7
70th Percentile 4.3
Max 2 199.4

Red 5 Ltd
Glance View

Market Cap
2.4B AUD
Industry
Metals & Mining

Buried deep in the landscape of Western Australia's mineral-rich terrain lies Red 5 Ltd, a company that has not only unearthed substantial gold deposits but also carved a niche for itself in the volatile gold mining industry. Since its inception, Red 5 has focused on exploring and developing gold mines that shine with promise and potential. The core of its operations lies in the Darlot and King of the Hills mines, which are both rich in history and gold-filled veins. By leveraging modern mining techniques and optimizing production processes, Red 5 maximizes its gold extraction capabilities. This approach enables it to extract gold efficiently and at a competitive cost, positioning itself as a formidable player in the Australian mining sector. To translate its robust mining operations into a sustainable business model, Red 5 employs a strategy focused on scale and efficiency. After the raw gold ore is extracted, it is meticulously processed and refined to reach market-ready standards. Selling this gold in local and international markets brings the company substantial revenue, bolstered by its strategic hedging practices that mitigate the risks associated with fluctuating gold prices. The economic dynamics of the gold market play a crucial role in Red 5's financial health, influencing both its short-term profitability and long-term strategic planning. Through prudent management and a relentless focus on operational excellence, Red 5 earns its income by transforming the raw splendor of the earth into one of the most coveted commodities in the world, gold.

RED Intrinsic Value
Not Available
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