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Northern Star Resources Ltd
ASX:NST

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Northern Star Resources Ltd
ASX:NST
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Price: 21.47 AUD -3.03% Market Closed
Market Cap: AU$30.7B

P/S

4.4
Current
19%
More Expensive
vs 3-y average of 3.7

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
4.4
=
Market Cap
AU$43.5B
/
Revenue
AU$7B

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
4.4
=
Market Cap
AU$43.5B
/
Revenue
AU$7B

Valuation Scenarios

Northern Star Resources Ltd is trading above its 3-year average

If P/S returns to its 3-Year Average (3.7), the stock would be worth AU$17.99 (16% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-20%
Maximum Upside
+220%
Average Upside
44%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 4.4 AU$21.47
0%
3-Year Average 3.7 AU$17.99
-16%
5-Year Average 3.5 AU$17.23
-20%
Industry Average 14.1 AU$68.63
+220%
Country Average 4.1 AU$19.86
-7%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
AU$43.5B
/
Jan 2026
AU$7B
=
4.4
Current
AU$43.5B
/
Jun 2026
AU$7.9B
=
5.5
Forward
AU$43.5B
/
Jun 2027
AU$10.9B
=
4
Forward
AU$43.5B
/
Jun 2028
AU$12.1B
=
3.6
Forward
AU$43.5B
/
Jun 2029
AU$13.3B
=
3.3
Forward
AU$43.5B
/
Jun 2030
AU$7.5B
=
5.8
Forward
AU$43.5B
/
Jun 2031
AU$6B
=
7.2
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
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Market Distribution

In line with most companies in Australia
Percentile
52st
Based on 2 057 companies
52st percentile
4.4
Low
0 — 1.7
Typical Range
1.7 — 11.8
High
11.8 —
Distribution Statistics
Australia
Min 0
30th Percentile 1.7
Median 4.1
70th Percentile 11.8
Max 1 679 509.2

Northern Star Resources Ltd
Glance View

Northern Star Resources Ltd., a prominent player in the gold mining industry, embarked on its journey from humble beginnings in 2003, evolving into one of Australia's largest gold producers. The company's strategic vision and adept management have facilitated its growth through a combination of organic expansion and well-calculated acquisitions, such as the highly significant purchase of the Jundee and Kalgoorlie operations. This approach allowed Northern Star to bolster its production capabilities and resource base, positioning itself as a leader in the gold mining sector. The backbone of its operations lies in extracting gold from its carefully managed and environmentally conscious mining projects spread across prolific mining regions in Australia and North America. At the heart of Northern Star's business model is its commitment to efficient and sustainable gold production. The company harnesses advanced mining technologies and methodologies, which optimize ore recovery and ensure cost-effective operations. By strategically reinvesting profits into exploration and development, Northern Star continually rejuvenates its resource pipeline, securing its future production potential. In addition to mining, the company benefits from vertical integration through its ownership of processing facilities, allowing it to refine and sell high-purity gold products directly to the market. This end-to-end production capability not only enhances Northern Star's margins but also strengthens its resilience against market volatility, anchoring its reputation as a robust and forward-thinking enterprise in the global mining industry.

NST Intrinsic Value
24.64 AUD
Undervaluation 13%
Intrinsic Value
Price AU$21.47
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