As of 2025-07-04, the Fair Value of Magnetite Mines Ltd (MGT.AX) is -0.18 AUD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 0.08 AUD, the upside of Magnetite Mines Ltd is -313.22%.
With the market price of 0.08 AUD and our fair value calculation, Magnetite Mines Ltd (MGT.AX) is not a good investment. Investing in MGT.AX stocks now will result in a potential loss of 313.22%.
Note: valuation result may not be accurate due to the company's negative EPS.
Peter Lynch's formula is:
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 | ||||||
| 2020-06-30 | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 5Y Avg | |
| Net income | -0.37 | -1.73 | -3.66 | -5.33 | -4.85 | -3.19 |
| YoY growth | 72.22% | -363.93% | -111.31% | -45.59% | 9.07% | -87.91% |
| Market Cap (mil) | 10.04 |
| P/E | |
| Forward P/E |
| EPS | -0.04 |
| Avg earnings growth rate | -87.91% |
| TTM earnings | -4.28 |