Paladin Energy Ltd

ASX:PDN Stock Report

Market Cap: AU$4.4b

Paladin Energy Valuation

Is PDN undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of PDN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: PDN (A$9.71) is trading above our estimate of future cash flow value (A$0.66)

Significantly Below Future Cash Flow Value: PDN is trading above our estimate of future cash flow value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for PDN?

Key metric: As PDN is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for PDN. This is calculated by dividing PDN's market cap by their current revenue.
What is PDN's PS Ratio?
PS Ratio12.4x
SalesUS$248.50m
Market CapUS$3.07b

Price to Sales Ratio vs Peers

How does PDN's PS Ratio compare to its peers?

The above table shows the PS ratio for PDN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.6x
BOE Boss Energy
4.2x17.53%AU$465.0m
WHC Whitehaven Coal
1.5x7.45%AU$7.3b
NHC New Hope
3.2x5.42%AU$5.1b
YAL Yancoal Australia
1.4x3.25%AU$8.6b
PDN Paladin Energy
12.4x21.90%AU$4.4b

Price-To-Sales vs Peers: PDN is expensive based on its Price-To-Sales Ratio (12.4x) compared to the peer average (2.6x).

Historical Price to Sales Ratio

Historical Price to Sales Ratio compares a stock's price to its sales over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Sales Ratio vs Industry

How does PDN's PS Ratio compare vs other companies in the AU Oil and Gas Industry?

33 CompaniesPrice / SalesEstimated GrowthMarket Cap
WDS Woodside Energy Group
3.2x3.38%US$41.83b
STO Santos
3.7x6.69%US$18.43b
ALD Ampol
0.3x2.43%US$6.12b
YAL Yancoal Australia
1.4x3.25%US$6.09b
PDN 12.4xIndustry Avg. 6.8xNo. of Companies33PS020406080100+
33 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: PDN is expensive based on its Price-To-Sales Ratio (12.4x) compared to the Australian Oil and Gas industry average (6.8x).

Price to Sales Ratio vs Fair Ratio

What is PDN's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PDN PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio12.4x
Fair PS Ratio2.2x

Price-To-Sales vs Fair Ratio: PDN is expensive based on its Price-To-Sales Ratio (12.4x) compared to the estimated Fair Price-To-Sales Ratio (2.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst PDN forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$9.71
AU$12.76
+31.40%
21.31%AU$17.78AU$7.04n/a15
Jun ’27AU$11.30
AU$12.72
+12.58%
21.05%AU$17.50AU$6.93n/a15
May ’27AU$11.97
AU$12.67
+5.88%
21.78%AU$17.41AU$6.90n/a14
Apr ’27AU$11.81
AU$12.74
+7.85%
22.14%AU$17.86AU$7.17n/a14
Mar ’27AU$13.39
AU$12.15
-9.25%
24.09%AU$17.38AU$6.98n/a13
Feb ’27AU$13.84
AU$10.91
-21.16%
21.41%AU$14.86AU$6.80n/a14
Jan ’27AU$9.59
AU$9.32
-2.80%
16.18%AU$12.14AU$6.09n/a14
Dec ’26AU$8.00
AU$9.40
+17.54%
18.37%AU$12.39AU$6.21n/a13
Nov ’26AU$9.65
AU$9.35
-3.15%
20.14%AU$12.37AU$5.15n/a13
Oct ’26AU$8.17
AU$8.04
-1.59%
16.59%AU$10.38AU$5.24n/a11
Sep ’26AU$8.08
AU$8.41
+4.09%
21.57%AU$12.99AU$5.18n/a13
Aug ’26AU$6.24
AU$8.60
+37.87%
20.96%AU$12.91AU$5.35n/a13
Jul ’26AU$7.96
AU$7.94
-0.30%
26.60%AU$12.42AU$4.76n/a14
Jun ’26AU$6.24
AU$7.88
+26.24%
27.63%AU$12.68AU$4.75AU$11.3014
May ’26AU$6.05
AU$7.82
+29.20%
28.68%AU$12.80AU$4.80AU$11.9714
Apr ’26AU$4.82
AU$9.49
+96.92%
30.27%AU$15.40AU$5.23AU$11.8112
Mar ’26AU$6.88
AU$11.98
+74.15%
18.63%AU$15.51AU$9.16AU$13.399
Feb ’26AU$8.92
AU$12.44
+39.48%
18.45%AU$15.83AU$9.09AU$13.849
Jan ’26AU$7.56
AU$13.07
+72.82%
17.41%AU$15.92AU$10.10AU$9.598
Dec ’25AU$7.60
AU$12.80
+68.38%
16.00%AU$15.78AU$9.76AU$8.008
Nov ’25AU$10.16
AU$14.28
+40.58%
11.55%AU$16.38AU$11.18AU$9.658
Oct ’25AU$11.77
AU$14.33
+21.74%
14.34%AU$16.64AU$10.60AU$8.179
Sep ’25AU$9.79
AU$15.47
+58.05%
8.96%AU$16.80AU$12.16AU$8.088
Aug ’25AU$11.66
AU$16.01
+37.29%
8.65%AU$17.15AU$12.51AU$6.248
Jul ’25AU$12.52
AU$15.95
+27.40%
8.88%AU$16.97AU$12.37AU$7.968
Jun ’25AU$15.93
AU$16.09
+1.03%
10.55%AU$18.27AU$12.37AU$6.249
AU$12.76
Fair Value
23.9% undervalued intrinsic discount
15
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/13 00:59
End of Day Share Price 2026/06/12 00:00
Earnings2026/03/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Paladin Energy Ltd is covered by 43 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael KozakATB Cormark Historical (Cormark Securities)
Dale KoendersBarrenjoey Markets Pty Limited
Regan BurrowsBell Potter