Pilbara Minerals (PLS.AX)

Materials · ASX · Australia

A$4.33-31.92% today

Fundamentals

Market capA$14.93B
Revenue growth (YoY)+46.6%
Profit margin-9.7%
Return on equity-2.8%
52-week rangeA$1.46 to A$6.81

Valuation and ratings

DCF fair valueA$1.85
Upside to fair value-57.3%
Analyst target (mean)A$5.51
Analyst rangeA$3.00 to A$7.30
Analysts covering17
Consensus viewhold
Moat score28/100
Overall rating22/100, Sell

Pilbara Minerals trades at A$4.33, which is 57% above the A$1.85 our discounted cash flow model puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.

Our moat model scores it 28 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.

About Pilbara Minerals

PLS Group Limited engages in the exploration, development, and operation of mineral resources in Australia. The company primarily explores for lithium. Its flagship projects is the 100% owned Pilgangoora project located in the Pilbara region of Western Australia. The company was formerly known as Pilbara Minerals Limited and changed its name to PLS Group Limited in November 2025. The company was incorporated in 2005 and is based in West Perth, Australia.

Industry: Other Industrial Metals & MiningEmployees: 950HQ: Australia

PLS.AX passes 2 of our 30 screens today

Each screen prints the exact criteria it used, and the circumstances in which it is wrong.

Common questions

Is Pilbara Minerals (PLS.AX) undervalued?

Against our discounted cash flow estimate of A$1.85, PLS.AX at A$4.33 is 57% above fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.

The full research page for PLS.AX, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.

Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.