VAR.AX
Variscan Mines Ltd
Price:  
0.01 
AUD
Volume:  
2,038,729
Australia | Metals & Mining

VAR.AX Fair Value

-178.5 %
Upside

What is the fair value of VAR.AX?

As of 2025-05-17, the Fair Value of Variscan Mines Ltd (VAR.AX) is -0.01 AUD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 0.01 AUD, the upside of Variscan Mines Ltd is -178.5%.

Is VAR.AX a good investment?

With the market price of 0.01 AUD and our fair value calculation, Variscan Mines Ltd (VAR.AX) is not a good investment. Investing in VAR.AX stocks now will result in a potential loss of 178.5%.

Note: valuation result may not be accurate due to the company's negative EPS.

0.01 AUD
Stock Price
-0.01 AUD
Fair Price
FAIR VALUE CALCULATION

VAR.AX Fair Value

Peter Lynch's formula is:

VAR.AX Fair Value
= Earnings Growth Rate x TTM EPS
VAR.AX Fair Value
= 5 x -0
VAR.AX Fair Value
= -0.01

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
06-202006-202106-202206-202306-20245Y Avg
Net income-1.13-0.68-0.83-0.89-0.65-1
YoY growth-149.1%39.2%-20.8%-7.2%26.6%-22.3%

VAR.AX Fair Value - Peers Benchmarking

Market Cap (mil)EPS Fair Value Upside
a

VAR.AX Fair Value - Key Data

Market Cap (mil)5
P/E-
Forward P/E-
EPS-0
Avg earnings growth rate-22.3%
TTM earnings-1

VAR.AX Fair Value - Formula's Origin

Peter Lynch is one of the most legendary investors/fund managers of all time. His philosophy for stock investing is very simple and straightforward: he invests in stocks that are undervalued, meaning its P/E is less than or equal to its earnings growth rate. He believes that if a stock is trading at its fair value, the PEG ratio, which was also invented by him, should be 1.

Therefore, his formula to determine a company's fair value is:

Peter Lynch Fair Value = Earnings Growth Rate * EPS * PEG

PEG is set to 1 so we can ignore it in the calculation. Based on the formula, if the earnings growth rate of a company is 15%, Peter Lynch is willing to buy its share up to P/E = 15.