TBN Relative Valuation - Tamboran Resources Ltd - Alpha Spread

Tamboran Resources Ltd
ASX:TBN

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Tamboran Resources Ltd
ASX:TBN
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Price: 0.145 AUD Market Closed
Market Cap: 403.6m AUD
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Relative Value

The Relative Value of one TBN stock under the Base Case scenario is 0.184 AUD. Compared to the current market price of 0.145 AUD, Tamboran Resources Ltd is Undervalued by 21%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

TBN Relative Value
Base Case
0.184 AUD
Undervaluation 21%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
19
vs Industry
0
Median 3Y
1 460.6
Median 5Y
1 460.6
Industry
1.3
vs History
vs Industry
Median 3Y
-34.2
Median 5Y
-33.4
Industry
9.2
Forward
-10.3
vs History
vs Industry
Median 3Y
-72.8
Median 5Y
-72.5
Industry
4.5
vs History
vs Industry
Median 3Y
-12.3
Median 5Y
-12.1
Industry
10.8
vs History
92
vs Industry
15
Median 3Y
3.8
Median 5Y
3.8
Industry
1.2
vs History
19
vs Industry
0
Median 3Y
1 398.4
Median 5Y
1 398.4
Industry
1.7
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
4.2
vs History
vs Industry
Median 3Y
-35.8
Median 5Y
-35.4
Industry
5.7
Forward
-24.2
vs History
vs Industry
Median 3Y
-35.7
Median 5Y
-35.3
Industry
8
Forward
-19.9
vs History
vs Industry
Median 3Y
-68.9
Median 5Y
-68.9
Industry
6
vs History
vs Industry
Median 3Y
-12
Median 5Y
-12
Industry
10.6
vs History
92
vs Industry
19
Median 3Y
4.7
Median 5Y
4.7
Industry
1

Multiples Across Competitors

TBN Competitors Multiples
Tamboran Resources Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
Tamboran Resources Ltd
ASX:TBN
403.6m AUD 4 848.6 -14.8 -22.6 -22.5
US
Conocophillips
NYSE:COP
126.1B USD 2.2 11.8 5.7 9.1
CN
CNOOC Ltd
SSE:600938
719.7B CNY 1.6 5.1 2.9 2.9
US
EOG Resources Inc
NYSE:EOG
70.8B USD 2.9 9.4 5.1 7.1
CA
Canadian Natural Resources Ltd
NYSE:CNQ
70.2B USD 2.6 12.5 6 9.9
US
Pioneer Natural Resources Co
LSE:0KIX
46B USD 2.4 9.4 5.4 7.8
US
Hess Corp
NYSE:HES
40.5B USD 3.3 15.3 7.2 10.8
US
Diamondback Energy Inc
NASDAQ:FANG
31.9B USD 3.4 9.2 5.5 7.6
AU
Woodside Energy Group Ltd
NYSE:WDS
31.3B USD 2.5 16.9 4 7.4
US
Continental Resources Inc
F:C5L
25.8B EUR 3.2 8 4.7 6.4
US
Devon Energy Corp
NYSE:DVN
25.3B USD 1.6 7.2 4 6.4

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