Alpha HPA (ASX:A4N) - Stock Price, News & Analysis

A4N Stock Overview

Operates as a specialty metals and technology company.

A4N fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	6/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Rewards

Trading at 96.3% below our estimate of its fair value

Earnings are forecast to grow 95.93% per year

Risk Analysis

Makes less than USD$1m in revenue (A$33K)

Shareholders have been diluted in the past year

Alpha HPA Limited Competitors

Calix

ASX:CXL

AU$250.3m

SciDev

ASX:SDV

AU$63.6m

Orica

ASX:ORI

AU$8.9b

Carbonxt Group

ASX:CG1

AU$26.3m

Price History & Performance

Summary of all time highs, changes and price drops for Alpha HPA
Historical stock prices
Current Share Price	AU$0.90
52 Week High	AU$1.25
52 Week Low	AU$0.65
Beta	1.19
1 Month Change	-13.46%
3 Month Change	8.43%
1 Year Change	-10.45%
3 Year Change	55.17%
5 Year Change	592.31%
Change since IPO	275.00%

Is Alpha HPA (ASX:A4N) Weighed On By Its Debt Load?

Mar 16

Recent updates

Shareholder Returns

	A4N	AU Chemicals	AU Market
7D	1.1%	-2.2%	-0.3%
1Y	-10.4%	-2.7%	8.5%

Return vs Industry: A4N underperformed the Australian Chemicals industry which returned -2.7% over the past year.

Return vs Market: A4N underperformed the Australian Market which returned 8.5% over the past year.

Price Volatility

Is A4N's price volatile compared to industry and market?
A4N volatility
A4N Average Weekly Movement	7.7%
Chemicals Industry Average Movement	10.7%
Market Average Movement	8.8%
10% most volatile stocks in AU Market	17.0%
10% least volatile stocks in AU Market	3.3%

Stable Share Price: A4N has not had significant price volatility in the past 3 months.

Volatility Over Time: A4N's weekly volatility (8%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2003	n/a	Rimas Kairaitis	alphahpa.com.au

Alpha HPA Limited operates as a specialty metals and technology company. It primarily explores for high purity alumina (HPA) deposits. The company holds interest in the HPA First project located in Gladstone, Queensland.

Alpha HPA Limited Fundamentals Summary

How do Alpha HPA's earnings and revenue compare to its market cap?
A4N fundamental statistics
Market cap	AU$904.42m
Earnings (TTM)	-AU$19.74m
Revenue (TTM)	AU$32.81k

Over9,999x

P/S Ratio

-45.8x

P/E Ratio

Is A4N overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
A4N income statement (TTM)
Revenue	AU$32.81k
Cost of Revenue	AU$6.90m
Gross Profit	-AU$6.87m
Other Expenses	AU$12.87m
Earnings	-AU$19.74m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.02
Gross Margin	-20,931.42%
Net Profit Margin	-60,156.05%
Debt/Equity Ratio	3.4%

How did A4N perform over the long term?

See historical performance and comparison

A4N Stock Overview

Rewards

Risk Analysis

Alpha HPA Limited Competitors

ASX:CXL

AU$250.3m

ASX:SDV

AU$63.6m

ASX:ORI

AU$8.9b

ASX:CG1

AU$26.3m

Price History & Performance

Recent News & Updates

Alpha HPA Limited has filed a Follow-on Equity Offering in the amount of AUD 120.000001 million.

Price target increased by 9.4% to AU$1.75

Consensus revenue estimates fall by 53%

Forecast breakeven date pushed back to 2026

Is Alpha HPA (ASX:A4N) Weighed On By Its Debt Load?

First half 2024 earnings released: AU$0.01 loss per share (vs AU$0.005 loss in 1H 2023)

Recent updates

Alpha HPA Limited has filed a Follow-on Equity Offering in the amount of AUD 120.000001 million.

Price target increased by 9.4% to AU$1.75

Consensus revenue estimates fall by 53%

Forecast breakeven date pushed back to 2026

Is Alpha HPA (ASX:A4N) Weighed On By Its Debt Load?

First half 2024 earnings released: AU$0.01 loss per share (vs AU$0.005 loss in 1H 2023)

New major risk - Financial position

Alpha HPA Limited Appoints Marghanita Johnson as an Independent, Non-Executive Director, Effective January 15, 2024

Alpha HPA Limited Appoints Annie Liu as an Independent, Non-Executive Director

Alpha HPA Limited has completed a Follow-on Equity Offering in the amount of AUD 40 million.

Alpha HPA Limited has completed a Follow-on Equity Offering in the amount of AUD 40 million.

Alpha HPA Limited has completed a Follow-on Equity Offering in the amount of AUD 40 million.

Alpha HPA Limited, Annual General Meeting, Nov 28, 2023

Consensus revenue estimates increase by 31%

Is Alpha HPA (ASX:A4N) In A Good Position To Invest In Growth?

Alpha HPA Limited Appoints Craig Jones as Chief Financial Officer, Effective on or Around 1 February 2024

Alpha HPA Limited Appoints Craig Jones as Chief Financial Officer, Effective on or Around 1 February 2024

Non-Executive Director recently sold AU$494k worth of stock

Full year 2023 earnings: EPS and revenues miss analyst expectations

CFO & Director exercised options to buy AU$2.4m worth of stock.

New major risk - Financial position

Alpha HPA Limited Announces Receipt of Initial Payment of Federal Government Grant Funds

Consensus revenue estimates fall by 63%

Forecast breakeven date pushed back to 2025

Is Alpha HPA (ASX:A4N) In A Good Position To Deliver On Growth Plans?

Alpha Hpa Limited Provides an Update on Project Activities for Hpa First Project

Alpha HPA Limited Provides Update on HPA First Project

Price target increased to AU$1.02

No independent directors

Alpha HPA Limited, Annual General Meeting, Nov 23, 2022

Alpha Hpa Limited Updates on Project Activities for Its Hpa First Project

Consensus forecasts updated

Will Alpha HPA (ASX:A4N) Spend Its Cash Wisely?

Alpha HPA Limited Appoints Regan Crooks as Non-Executive Director

Alpha HPA Limited Provides Update on its First Project

MD, Technical Director & Director exercised options to buy AU$1.1m worth of stock.

Alpha HPA Limited Provides Update on Project Activities for HPA First Project

Companies Like Alpha HPA (ASX:A4N) Are In A Position To Invest In Growth

No independent directors

Price target increased to AU$0.92

At AU$0.60, Is Alpha HPA Limited (ASX:A4N) Worth Looking At Closely?

Alpha HPA Limited Provided an Update on Project Activities for Its HPA First Project

We Think Alpha HPA (ASX:A4N) Can Easily Afford To Drive Business Growth

Non-Executive Director recently bought AU$100k worth of stock

Estimating The Intrinsic Value Of Alpha HPA Limited (ASX:A4N)

Is Alpha HPA (ASX:A4N) In A Good Position To Invest In Growth?

Price target increased to AU$0.87

Forecast to breakeven in 2024

Non-Executive Director recently bought AU$90k worth of stock

the Board of Alpha HPA Limited Provides an Update on HPA First Project

Insider recently sold AU$2.5m worth of stock

Is Alpha HPA (ASX:A4N) In A Good Position To Invest In Growth?

New 90-day high: AU$0.42

Alpha HPA Limited Announces Appointment of Cameron Peacock as Non-Executive Director

Here's What We Learned About The CEO Pay At Alpha HPA Limited (ASX:A4N)

New 90-day high: AU$0.39

What Kind Of Investors Own Most Of Alpha HPA Limited (ASX:A4N)?

Price target raised to AU$0.42

MD, Technical Director & Director exercised options and sold AU$750k worth of stock