29M.AX
29Metals Ltd
Price:  
0.28 
AUD
Volume:  
5,177,151.00
Australia | Metals & Mining
Valuation
Overview
Financials
Forecast
Compare
Historical Price
SolvencyDividends
Transactions
People

29M.AX Fair Value

-74.89 %
Upside

What is the fair value of 29M.AX?

As of 2026-05-29, the Fair Value of 29Metals Ltd (29M.AX) is 0.07 AUD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 0.28 AUD, the upside of 29Metals Ltd is -74.89%.

Is 29M.AX a good investment?

With the market price of 0.28 AUD and our fair value calculation, 29Metals Ltd (29M.AX) is not a good investment. Investing in 29M.AX stocks now will result in a potential loss of 74.89%.

0.28 AUD
Stock Price
0.07 AUD
Fair Price
FAIR VALUE CALCULATION

29M.AX Fair Value

Peter Lynch's formula is:

29M.AX Fair Value
= Earnings Growth Rate x TTM EPS
29M.AX Fair Value
= 5.00 x 0.01
29M.AX Fair Value
= 0.07

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2021-12-31 2022-12-31 2023-12-31 2024-12-31 2025-12-31 5Y Avg
Net income 121.01 -47.22 -440.46 -177.61 24.17 -104.02
YoY growth 44.59% -139.02% -832.75% 59.68% 113.61% -150.78%

29M.AX Fair Value - Key Data

Market Cap (mil) 481.27
P/E 19.91x
Forward P/E 15.93x
EPS 0.01
Avg earnings growth rate -150.78%
TTM earnings 24.17