Assessing Capricorn Metals (ASX:CMM) Valuation After Goldman Sachs Downgrade And Project Progress

Simply Wall St.

Jun 09

Goldman Sachs’ decision to downgrade Capricorn Metals (ASX:CMM) from Buy to Neutral after a strong share price rebound has refocused attention on how recent gains compare with the company’s current ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.etasphere.com/news/2642462693"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2642462693\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2642462693?lang=en_US&edition=fundamental","thumbnail":"https://images.simplywall.st/asset/industry/2052000-choice1-main-header/1585186836557","is_english":true,"pubTime":"2026-06-09 15:26","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2642462693","market":"sg","top_or_hot":-1,"title":"Assessing Capricorn Metals (ASX:CMM) Valuation After Goldman Sachs Downgrade And Project Progress","media":"Simply Wall St.","content":"<div>\n<p>Goldman Sachs’ decision to downgrade Capricorn Metals (ASX:CMM) from Buy to Neutral after a strong share price rebound has refocused attention on how recent gains compare with the company’s current ...</p>\n\n<a href=\"https://simplywall.st/stocks/au/materials/asx-cmm/capricorn-metals-shares/news/assessing-capricorn-metals-asxcmm-valuation-after-goldman-sa\">Source Link</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Assessing Capricorn Metals (ASX:CMM) Valuation After Goldman Sachs Downgrade And Project Progress</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAssessing Capricorn Metals (ASX:CMM) Valuation After Goldman Sachs Downgrade And Project Progress\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-06-09 15:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/au/materials/asx-cmm/capricorn-metals-shares/news/assessing-capricorn-metals-asxcmm-valuation-after-goldman-sa><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Goldman Sachs’ decision to downgrade Capricorn Metals (ASX:CMM) from Buy to Neutral after a strong share price rebound has refocused attention on how recent gains compare with the company’s current ...</p>\n\n<a href=\"https://simplywall.st/stocks/au/materials/asx-cmm/capricorn-metals-shares/news/assessing-capricorn-metals-asxcmm-valuation-after-goldman-sa\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CMM.AU","symbol_name":"CAPRICORN METALS LTD","start_time":0,"source_url":"https://simplywall.st/stocks/au/materials/asx-cmm/capricorn-metals-shares/news/assessing-capricorn-metals-asxcmm-valuation-after-goldman-sa","article_id":"2642462693","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/2052000-choice1-main-header/1585186836557"],"rights":{"source":"simplywall_highlight","url":"https://simplywall.st/stocks/au/materials/asx-cmm/capricorn-metals-shares/news/assessing-capricorn-metals-asxcmm-valuation-after-goldman-sa","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2642462693","pubTimestamp":1780989998,"columns":[],"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"Goldman Sachs’ decision to downgrade Capricorn Metals (ASX:CMM) from Buy to Neutral after a strong share price rebound has refocused attention on how recent gains compare with the company’s current growth pipeline.\nSee our latest analysis for Capricorn Metals.\nAt the latest share price of A$12.76, Capricorn’s 1 day share price return fell 4.42% and its 7 day share price return is down 10.08%. However, the 1 year total shareholder return of 39.58% and 3 year total shareholder return of 186.02%...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"CMM.AU":"CAPRICORN METALS LTD","PICK":"iShares MSCI Global Metals & Mining Producers ETF","PRGS":"Progress Software Corporation"},"translate_title":"高盛下调评级后评估Capricorn Metals(ASX：CMM)的估值和项目进展","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PRGS":1.5,"PICK":1.5,"CMM.AU":1.5},"content_text":"Goldman Sachs’ decision to downgrade Capricorn Metals (ASX:CMM) from Buy to Neutral after a strong share price rebound has refocused attention on how recent gains compare with the company’s current growth pipeline. See our latest analysis for Capricorn Metals. At the latest share price of A$12.76, Capricorn’s 1 day share price return fell 4.42% and its 7 day share price return is down 10.08%. However, the 1 year total shareholder return of 39.58% and 3 year total shareholder return of 186.02% indicate that long term momentum remains firmly positive despite recent weakness. If you are looking beyond a single gold producer, this could be a good moment to scan other producers using the 33 elite gold producer stocks With Capricorn trading at A$12.76 against an analyst price target of A$17.61 and an implied intrinsic discount of around 51%, investors now face a key question: is this genuine value, or is the market already pricing in the growth pipeline? AdvertisementPrice-to-Earnings of 25.1x: Is it justified? On a P/E of 25.1x, Capricorn Metals looks expensive compared with both its industry and peer group, even after the recent pullback to A$12.76. The P/E ratio compares the current share price with earnings per share and is a quick way to see how much investors are paying for each dollar of profit. For Capricorn, the current multiple reflects strong expectations about future earnings, rather than pricing it as a low growth producer. Those expectations are aligned with current forecasts. Earnings are expected to grow around 27.9% per year and revenue around 25.7% per year, both ahead of the broader Australian market. However, the current P/E of 25.1x sits sharply above the Australian Metals and Mining industry average of 12x and also above the peer average of 20.2x. An estimated fair P/E of 21.4x implies a level the market could move towards if expectations cool. Explore the SWS fair ratio for Capricorn Metals Result: Price-to-Earnings of 25.1x (OVERVALUED) However, recent share price weakness and a P/E far above the sector mean that any disappointment in revenue or net income growth could quickly challenge the current optimism. Wall Street's queuing for one rocket. While SpaceX counts down to its IPO, other companies tied to the new space race are already in orbit. → 20 Compelling Space Companies watchlist · Global Space Race Investing Ideas screener · Scan the sector by valuation on Rocket Lab's valuation page. Another View: DCF points to undervaluation While the 25.1x P/E suggests Capricorn Metals looks expensive against its sector, the SWS DCF model paints a different picture. At A$12.76 versus an estimated future cash flow value of A$25.85, the stock screens as undervalued, which raises a clear question for you: which signal matters more? Look into how the SWS DCF model arrives at its fair value. CMM Discounted Cash Flow as at Jun 2026Simply Wall St performs a discounted cash flow (DCF) on every stock in the world every day (check out Capricorn Metals for example). We show the entire calculation in full. You can track the result in your watchlist or portfolio and be alerted when this changes, or use our stock screener to discover 6 high quality undervalued stocks. If you save a screener we even alert you when new companies match - so you never miss a potential opportunity. Next Steps If this mix of caution and optimism has you on the fence, consider acting while sentiment is still split and test the numbers yourself using the 3 key rewards Looking for more investment ideas? If Capricorn Metals has your attention, do not stop here. Put that curiosity to work by lining up a few more stocks worth watching using focused screeners.  Target potential value opportunities by scanning companies that currently rank among 6 high quality undervalued stocks and see which ones fit your return and risk preferences. Prioritise resilience first and review stocks grouped in the 7 resilient stocks with low risk scores to spot businesses with more stable risk profiles. Hunt for fresh prospects by browsing the screener containing 12 high quality undiscovered gems before others start paying attention.   This article by Simply Wall St is general in nature. We provide commentary based on historical data\n        and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your\n        financial situation. We aim to bring you long-term focused analysis driven by fundamental data.\n        Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.\n        Simply Wall St has no position in any stocks mentioned.New: AI Stock Screener & AlertsOur new AI Stock Screener scans the market every day to uncover opportunities.• Dividend Powerhouses (3%+ Yield)• Undervalued Small Caps with Insider Buying• High growth Tech and AI CompaniesOr build your own from over 50 metrics.Explore Now for FreeHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}