Bulletin Resources Limited

BNR.AX is undervalued

ASX · Basic Materials

FAIR PRICE

60.0%upside

Updated daily

Model: DCF 50% · Relative 30% · Consensus 20%

$0.03

MARKET PRICE

$0.04

FAIR PRICE

$0.01

MARGIN

UNDERFAIROVER

COMMUNITY BUY ZONE

UNLOCKS AT 10

Where does the market buy BNR.AX?

No one has priced BNR.AX yet — be the first. Every investor sets the maximum price they'd still buy at; together that maps the community buy zone.

COMMUNITY MEDIAN

▓▓▓▓▓

BUYERS AT TODAY'S PRICE

▓▓ %

0/10 INVESTORS · 10 MORE TO UNLOCK

METRICS

P/E4.5
P/B0.6
P/S
PEG
DIV YIELD
ROE12.3%
ROIC-7.3%
DEBT/EQ0.00
FCF YIELD-14.9%
MKT CAP$8M

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FPI RATING

6.9/ 10

Low debt levels and attractive valuation, but volatile earnings pattern.

Analytical data, not an investment recommendation. Updated daily.

How we calculate this ↗

MARGIN OF SAFETY

A 20% margin of safety below fair value — the conservative entry level for risk-aware investors.

$0.03CONSERVATIVE ENTRY
$0.04FAIR PRICE
$0.03MARKET PRICE

SAFETY MARGIN

20%

Below fair value

ENTRY LEVEL

$0.03

Fair price × 0.80

DISTANCE

28.0%

Price to entry level

At the current price of $0.03, BNR.AX trades 28.0% below the conservative entry level of $0.03. The stock is currently priced below the 20% margin of safety threshold, indicating a potential value opportunity based on the model.

Margin of safety is a risk management concept, not an investment recommendation. The 20% threshold follows Benjamin Graham's value investing framework. Fair price and entry levels are model-based estimates updated daily. Learn more about Margin of Safety ↗

VALUATION HISTORY

SYNCING FEED

P/E RATIO HISTORY

SYNCING FEED

METHODOLOGY

How we calculate BNR.AX's fair price

Bulletin Resources Limited's fair price of $0.04 is derived from a blended model that combines DCF analysis (50%), relative valuation against Basic Materials peers using metrics like P/E and EV/EBITDA (30%), and analyst consensus (20%). At the current market price of $0.03, BNR.AX trades 60.0% below its calculated fair value.

DCF MODEL · 50%

Discounted free cash flow analysis based on projected cash flows, discounted at a rate reflecting BNR.AX's risk profile.

RELATIVE · 30%

Comparing BNR.AX's valuation multiples against Basic Materials peers to determine if the stock is over or undervalued relative to its industry.

ANALYST · 20%

Aggregated analyst price targets for BNR.AX, weighted by recency and analyst accuracy.

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FAQ

What is the fair price of BNR.AX?+

Based on our blended model combining DCF analysis (50%), relative valuation against Basic Materials peers (30%), and analyst consensus (20%), the fair price for Bulletin Resources Limited is $0.04. At the current market price of $0.03, BNR.AX trades 60.0% below its calculated fair value.

Is BNR.AX overvalued or undervalued?+

Bulletin Resources Limited is currently undervalued based on our valuation model. The stock trades at $0.03, which is 60.0% below the fair price of $0.04. The P/E ratio of 4.5x is a key metric in the valuation.

What is the margin of safety for BNR.AX?+

With a 20% margin of safety applied to the fair price of $0.04, the conservative entry level for BNR.AX is $0.03. At the current market price of $0.03, the stock trades 28.0% below this entry level. Margin of safety is a risk management concept from Benjamin Graham's value investing framework, not an investment recommendation.

How often is BNR.AX's fair price updated?+

We update fair price calculations for BNR.AX daily after market close. The current fair price of $0.04 incorporates the latest market data and sector multiples.

What factors affect BNR.AX's fair price calculation?+

BNR.AX's fair price of $0.04 is derived from DCF analysis (50% weight), relative valuation against Basic Materials peers (30% weight), and analyst consensus (20% weight). Key metrics include P/E of 4.5x, ROE of 12.3%.

Is BNR.AX a good buy right now?+

At $0.03, BNR.AX trades 60.0% below our fair value estimate of $0.04. The stock is currently undervalued. ROE stands at 12.3% (average). Fair Price Index provides valuation data — always do your own research before investing.

Does BNR.AX pay dividends?+

BNR.AX does not currently pay a dividend.

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Fair Price Index is for informational purposes only and does not constitute investment advice. Fair value calculations are model-based estimates and may not reflect actual market conditions. Always conduct your own research before making investment decisions.