Ionic Rare Earths (ASX:IXR) Intrinsic Value: Projected FCF: A$-0.38 (As of Aug. 20, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:IXR Ionic Rare Earths Ltd ASX:IXR
24 GF Score
Price A$0.29
! 1 Warning Sign
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What is Ionic Rare Earths Intrinsic Value: Projected FCF?

Ionic Rare Earths ASX:IXR +3.64% 24 Intrinsic Value: Projected FCF is A$-0.38 as of Aug. 20, 2026. GuruFocus rates ASX:IXR with a GF Score™ of 24/100. The stock has 1 warning sign investors should review. Among 650 Metals & Mining companies, Ionic Rare Earths ranks worse than 153846% on this metric.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-08-20), Ionic Rare Earths's Intrinsic Value: Projected FCF is A$-0.38. The stock price of Ionic Rare Earths is A$0.285. Therefore, Ionic Rare Earths's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

The historical rank and industry rank for Ionic Rare Earths's Intrinsic Value: Projected FCF or its related term are showing as below:

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Ionic Rare Earths was 29.25. The lowest was 29.25. And the median was 29.25.

ASX:IXR's Price-to-Projected-FCF is not ranked *
in the Metals & Mining industry.
Industry Median: 2.32
* Ranked among companies with meaningful Price-to-Projected-FCF only.

Ionic Rare Earths  (ASX:IXR) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Ionic Rare Earths's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=0.285/-0.37657523555988
=

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ionic Rare Earths Intrinsic Value: Projected FCF Related Terms


Ionic Rare Earths Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Ionic Rare Earths's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ionic Rare Earths Intrinsic Value: Projected FCF Chart

Ionic Rare Earths Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.04 0.04 -0.11 -0.37 -0.38

Ionic Rare Earths Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 -0.37 0.00 -0.38 0.00

Ionic Rare Earths Intrinsic Value: Projected FCF Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Ionic Rare Earths's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ionic Rare Earths Price-to-Projected-FCF vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ionic Rare Earths's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Ionic Rare Earths's Price-to-Projected-FCF falls into.


ASX:IXR
24GF Score
Ionic Rare Earths Ltd ASX:IXR
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
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Ionic Rare Earths Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Ionic Rare Earths's Free Cash Flow(6 year avg) = A$-9.18.

Ionic Rare Earths's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Jun25)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*-9.1777142857143+29.592*0.8)/169.160
=-0.38

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Intrinsic Value: Projected FCF of A$-0.38 mean?
Ionic Rare Earths (ASX:IXR) has a Intrinsic Value: Projected FCF of A$-0.38 as of Aug. 20, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Ionic Rare Earths and its competitors. Over the past decade, Ionic Rare Earths' Intrinsic Value: Projected FCF has ranged from 29.25 to 29.25. According to the industry distribution chart, Ionic Rare Earths ranks #999999 out of 650 companies in the Metals & Mining industry.
Is Ionic Rare Earths' Intrinsic Value: Projected FCF too high?
Ionic Rare Earths' current Intrinsic Value: Projected FCF is A$-0.38. Over the past 10 years, this metric has ranged from a low of 29.25 to a high of 29.25. Based on the distribution chart, Ionic Rare Earths ranks #999999 out of 650 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Ionic Rare Earths has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Ionic Rare Earths' Intrinsic Value: Projected FCF compare to competitors?
According to the Metals & Mining industry distribution chart, Ionic Rare Earths ranks #999999 out of 650 companies for Intrinsic Value: Projected FCF. This places Ionic Rare Earths in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 2.32. Historically, Ionic Rare Earths' own Intrinsic Value: Projected FCF has ranged from 29.25 to 29.25 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Metals & Mining company?
The median Intrinsic Value: Projected FCF among Metals & Mining companies is 2.32, based on 650 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Ionic Rare Earths and its competitors. For the Metals & Mining industry, the median Intrinsic Value: Projected FCF is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ionic Rare Earths's current Intrinsic Value: Projected FCF is A$-0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ionic Rare Earths stock overvalued right now?
Ionic Rare Earths (ASX:IXR) has a current Intrinsic Value: Projected FCF of A$-0.38. The current Intrinsic Value: Projected FCF is A$-0.38. Ionic Rare Earths' overall GF Score™ is 24/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Ionic Rare Earths (ASX:IXR), the current Intrinsic Value: Projected FCF is A$-0.38 as of Aug. 20, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ionic Rare Earths Business Description

Other Exchanges IXRRF:USA6UH:Germany
Address 459 Colins Street, Level 5 South, Melbourne, VIC, AUS, 3000
Ionic Rare Earths Ltd is a mineral exploration company. It is engaged in the mining, refining, and recycling of magnet and heavy rare earth critical minerals for energy transition, manufacturing, and defense. Its projects include the Makuutu project in Uganda. The company also has a magnet recycling facility in Northern Ireland. It is organized into one operating segment, exploration operations. Geographically, its activities are conducted across three geographic locations, Australia which generates maximum revenue, Uganda, and the United Kingdom.
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Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.29
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