Delta Lithium Ltd
ASX:DLI

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Delta Lithium Ltd
ASX:DLI
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Price: 0.225 AUD -4.26% Market Closed
Market Cap: AU$161.4m

P/B

0.7
Current
6%
Cheaper
vs 3-y average of 0.8

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.7
=
Market Cap
AU$125.5m
/
Total Equity
AU$224.5m

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.7
=
Market Cap
AU$125.5m
/
Total Equity
AU$224.5m

Valuation Scenarios

Delta Lithium Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (0.8), the stock would be worth AU$0.24 (7% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+349%
Average Upside
159%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 0.7 AU$0.23
0%
3-Year Average 0.8 AU$0.24
+7%
5-Year Average 0.8 AU$0.24
+9%
Industry Average 3.2 AU$1.01
+349%
Country Average 2.7 AU$0.84
+272%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
AU
Delta Lithium Ltd
ASX:DLI
161.4m AUD 0.7 -70.2
AU
BHP Group Ltd
ASX:BHP
284.5B AUD 4 19.4
AU
Rio Tinto Ltd
ASX:RIO
279.2B AUD 3.6 19.7
UK
Rio Tinto PLC
LSE:RIO
120.6B GBP 2.7 15.9
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
1.6T MXN 3.9 17.7
CH
Glencore PLC
LSE:GLEN
66.1B GBP 2.2 239.1
SA
Saudi Arabian Mining Company SJSC
SAU:1211
248.9B SAR 4 33.9
CN
CMOC Group Ltd
SSE:603993
414.2B CNY 5 20.4
UK
Anglo American PLC
LSE:AAL
44.5B GBP 3.2 -15.5
CN
China Molybdenum Co Ltd
OTC:CMCLF
51B USD 4.3 17.3
ZA
African Rainbow Minerals Ltd
JSE:ARI
44.4B ZAR 0.7 34.5
P/E Multiple
Earnings Growth PEG
AU
Delta Lithium Ltd
ASX:DLI
Average P/E: 46.4
Negative Multiple: -70.2
N/A N/A
AU
BHP Group Ltd
ASX:BHP
19.4
11%
1.8
AU
Rio Tinto Ltd
ASX:RIO
19.7
13%
1.5
UK
Rio Tinto PLC
LSE:RIO
15.9
11%
1.4
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
17.7
3%
5.9
CH
Glencore PLC
LSE:GLEN
239.1
161%
1.5
SA
Saudi Arabian Mining Company SJSC
SAU:1211
33.9
10%
3.4
CN
CMOC Group Ltd
SSE:603993
20.4
23%
0.9
UK
Anglo American PLC
LSE:AAL
Negative Multiple: -15.5 N/A N/A
CN
C
China Molybdenum Co Ltd
OTC:CMCLF
17.3
24%
0.7
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
34.5
156%
0.2

Market Distribution

Lower than 94% of companies in Australia
Percentile
6th
Based on 2 062 companies
6th percentile
0.7
Low
0 — 1.6
Typical Range
1.6 — 4.3
High
4.3 —
Distribution Statistics
Australia
Min 0
30th Percentile 1.6
Median 2.7
70th Percentile 4.3
Max 2 199.4

Delta Lithium Ltd
Glance View

Market Cap
161.4m AUD
Industry
Metals & Mining

Delta Lithium Ltd is a AU-based company operating in Metals & Mining industry. The company is headquartered in Subiaco, Western Australia. The company went IPO on 2017-11-03. Delta Lithium Limited, formerly Red Dirt Metals Limited, is an exploration and development company. The firm is focused on the lithium-bearing pegmatite deposits, located in Western Australia. Its projects include the Mt Ida Lithium Project, Yinnetharra Project, Eureka Gold Project, and Earaheedy Basin. The Mt Ida Lithium Project is the Company’s flagship project and comprises over 30 tenements in the Mt Ida gold mining district, located approximately 100 kilometers (km) north-west of Menzies, in Western Australia. The Yinnetharra Project is located approximately 120 km northeast of Gascoyne Junction. The project sits within a tenement package comprised of six tenements, three granted tenements and three pending tenement applications covering an area of 520 square kilometers (km2). The Earaheedy Basin project lies within the Earaheedy Basin, east of Wiluna in Western Australia. The land covers an area of over 270km2 directly to the north over the Mount Lockridge fault.

DLI Intrinsic Value
0.011 AUD
Overvaluation 95%
Intrinsic Value
Price AU$0.225
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