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← CockpitCompetitor Analysis › WA1.AX WA1 Resources LtdOpen in the cockpit ↗

WA1 Resources LtdWA1.AXCompetitor analysis, valuation and peers

Australia · AUD·Materials›Other Metals/Minerals
Momentum laggard 7
Mkt cap
$410M
US dollars, full cap
Free float
54%
of shares outstanding
$/day
$2.62M
20-day average traded
P/B
2.71×
price to book
ROE
-2.3%
delivered
Implied ROE
49.1%
what the price asks
Next earnings
131 days
17 Mar 2027
Close · AUDA$7.96
1D-9.8%
1W-4.8%
1M-11.8%
3M-41.1%
6M-51.1%
YTD-59.7%
1Y-49.9%
ATR %8.0%
52w lowhigh60.1% off high

What WA1 Resources does

No business profile yet.

WA1 Resources at a glance

Size WA1 Resources (WA1.AX) is an Australia Materials company (Other Metals/Minerals) with a market value of $410M, the 283rd largest of 316 Australia companies the cockpit tracks. Shares closed at A$7.96 on 6 Nov 2026.

Performance Over six months the shares fell 51.1%, against -34.1% for the median peer and +4.1% for the Australia market (cap-weighted) — 5th lowest of 21 in its peer set.

Valuation It trades at 2.71× book value against a peer median of 2.10× (8th most expensive of 21).

Price implies The share price implies a return on equity of about 49.1%; WA1 Resources delivers -2.3%, so the price asks more than the business earns today.

Next results Next results expected around 17 Mar 2027 (exchange calendar; dates can move).

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 65WA1.AX 49
Six months, rebased to 100: WA1 Resources against the median of its 20 peers (local-currency closes).

WA1 Resources financials

Reported figures in AUD; fiscal year ends 2026-06-30. TTM = trailing twelve months.
TTMFY2026FY2025FY2024FY2023
RevenueA$0A$0A$0A$0A$0
Revenue growth—————
Gross profit-A$364,316-A$364,316-A$122,207-A$44,064-A$30,549
EBITDA-A$8.00M-A$8.00M-A$6.87M-A$4.60M-A$2.45M
Net income-A$3.89M-A$3.89M-A$4.80M-A$3.54M-A$2.22M
Free cash flow-A$8.51M-A$8.51M-A$2.05M-A$2.22M-A$1.08M
Capital expenditureA$41.3MA$41.3MA$29.2MA$20.1MA$4.53M
Total debtn/aA$1.03MA$17,283A$0A$43,779

Quarterly statements and history in the cockpit →

WA1 Resources competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-60%-40%-20%0%+20%-30%-20%-10%0%137400BOEREGARAASHAPURMINUAMYNBG6M603527ALOYNICUCAMLTMQ001296PMET001396300056600281TTSIPIWA1.AX6-month return →1-month return →
Up and to the right = strong over both horizons. WA1 Resources is the large dot.

Fundamentals: return on equity against price-to-book

-100%-50%0%00×200×400×600×137400BOEREGARAASHAPURMINUAMYNBG6MALOYNICUTMQ300056600281TTSWA1.AXReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. WA1 Resources is the large dot.

Capital: ROE delivered against the ROE the price implies

0%500%1,000%1,500%2,000%0%1,000%2,000%137400BOE300056600281TTSWA1.AXROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. WA1 Resources is the large dot.

WA1 Resources competitors and peer comparison

How WA1 Resources compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

WA1 Resources against its 20 peers (data as of 6 Nov 2026)
MeasureWA1.AXPeer medianRank in peer set
1-month return-11.8%-14.9%7th highest of 21
6-month return-51.1%-34.1%5th lowest of 21
Return on equity-2.3%-4.5%9th highest of 21
Price / book2.71×2.10×8th most expensive of 21
ROE the price implies49.1%17.1%5th most demanding of 21
ROE delivered-2.3%-4.5%8th highest of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
WA1 Resources WA1.AXAustralia$410M-51%n/a-2%2.71×49.1%-2.3%
People & Technology 137400.KSSouth Korea$408M-57%-18%12%0.76×6.5%12.3%
Boss Energy BOE.AXAustralia$403M0%+100%1%1.22×12.4%0.5%
Regulus Resources REG.VCanada$402M+15%n/a-4%8.32×26.3%-3.8%
Aclara Resources ARA.TOCanada$402M-50%n/a-5%1.98×12.9%-5.2%
Ashapura Minechem ASHAPURMIN.NSIndia$421M-37%+63%28%2.41×40.7%n/a
United States Antimony UAMYUnited States$422M-74%+36%-15%2.33×13.1%-14.9%
NioCorp Developments NBUnited States$423M-52%n/a-21%0.98×6.3%n/a
Group 6 Metals G6M.AXAustralia$424M-9%+508%198%3.94×19.1%197.6%
Anhui Zhongyuan New Materials 603527.SSChina$396M-36%+59%1%1.25×11.2%1.1%
REalloys ALOYUnited States$427M-38%+21%-150%2.21×24.0%-150.2%
Magna Mining NICU.TOCanada$429M-15%+299%-63%5.56×71.4%-63.0%
Central Asia Metals CAML.LUnited Kingdom$430M-17%+23%-14%0.97×15.0%-13.8%
Trilogy Metals TMQ.TOCanada$391M-50%n/a-39%3.22×29.5%-39.3%
Chongqing Changjiang River Moulding Material (Group) 001296.SZChina$430M-16%-1%5%1.54×12.9%4.7%
PMET Resources PMET.TOCanada$431M-56%n/a-3%1.38×13.1%-3.0%
Shanghai Re.fine Environment Sci-tech 001396.SZChina$433M-42%+4%8%2.00×21.2%7.7%
Xiamen Zhongchuang Environmental Technology 300056.SZChina$434M-32%-12%-112%63.87×721.1%-111.9%
Shanxi Huayang New Material 600281.SSChina$385M-11%+10%-59%14.25×102.7%-59.5%
Tintina Mines TTS.VCanada$380M+219%n/a-100%173.11×2,008.6%-99.6%
Intrepid Potash IPIUnited States$443M-13%+5%2%0.84×9.0%2.1%

Questions

Which companies are WA1 Resources's closest peers?
The cockpit's peer set: People & Technology (137400.KS), Boss Energy (BOE.AX), Regulus Resources (REG.V), Aclara Resources (ARA.TO), Ashapura Minechem (ASHAPURMIN.NS), United States Antimony (UAMY), NioCorp Developments (NB), Group 6 Metals (G6M.AX).
Is WA1 Resources expensive compared with its peers?
On price / book it trades at 2.71× against a peer median of 2.10×, 8th most expensive of 21 in its peer set. The share price implies a return on equity of about 49.1%; WA1 Resources delivers -2.3%, so the price asks more than the business earns today.
How has WA1 Resources stock performed?
Over six months to 6 Nov 2026 the shares returned -51.1% against -34.1% for the median peer; over one year -49.9%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.