View ValuationBathurst Resources 향후 성장Future 기준 점검 3/6Bathurst Resources (는) 각각 연간 35.3% 및 4.6% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 36.2% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 0.3% 로 예상됩니다.핵심 정보35.3%이익 성장률36.23%EPS 성장률Metals and Mining 이익 성장19.3%매출 성장률4.6%향후 자기자본이익률0.30%애널리스트 커버리지Low마지막 업데이트09 Jul 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updates공시 • Jun 18Bathurst Resources Limited Announces Company Secretary ChangesBathurst Resources Limited announced with deep sadness unexpected passing of its Company Secretary, Larissa Brown. Kieran McColl, the Chief Financial Officer of BRL, has been appointed acting Company Secretary.Board Change • May 20Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Chairman Peter Westerhuis was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • May 06Bathurst Resources Limited to Report Q3, 2026 Results on May 12, 2026Bathurst Resources Limited announced that they will report Q3, 2026 results on May 12, 2026공시 • Feb 23Bathurst Resources Limited to Report First Half, 2026 Results on Feb 27, 2026Bathurst Resources Limited announced that they will report first half, 2026 results on Feb 27, 2026공시 • Oct 27Bathurst Resources Limited to Report Q1, 2026 Results on Oct 28, 2025Bathurst Resources Limited announced that they will report Q1, 2026 results on Oct 28, 2025공시 • Oct 15Bathurst Resources Limited, Annual General Meeting, Dec 03, 2025Bathurst Resources Limited, Annual General Meeting, Dec 03, 2025.공시 • Aug 25Bathurst Resources Limited to Report Fiscal Year 2025 Results on Aug 27, 2025Bathurst Resources Limited announced that they will report fiscal year 2025 results on Aug 27, 2025공시 • Apr 29Bathurst Resources Limited to Report Q3, 2025 Results on Apr 30, 2025Bathurst Resources Limited announced that they will report Q3, 2025 results on Apr 30, 2025공시 • Mar 27Bathurst Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 3 million.Bathurst Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 3 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 4,054,054 Price\Range: AUD 0.74공시 • Mar 25Bathurst Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 34.392797 million.Bathurst Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 34.392797 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 46,476,753 Price\Range: AUD 0.74 Discount Per Security: AUD 0.0444 Transaction Features: Subsequent Direct Listing공시 • Feb 21Bathurst Resources Limited to Report First Half, 2025 Results on Feb 25, 2025Bathurst Resources Limited announced that they will report first half, 2025 results on Feb 25, 2025공시 • Oct 30Bathurst Resources Limited to Report Q1, 2025 Results on Oct 30, 2024Bathurst Resources Limited announced that they will report Q1, 2025 results on Oct 30, 2024공시 • Oct 03Bathurst Resources Limited, Annual General Meeting, Nov 27, 2024Bathurst Resources Limited, Annual General Meeting, Nov 27, 2024.New Risk • Aug 28New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 89% Last year net profit margin: 207% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Profit margins are more than 30% lower than last year (89% net profit margin). Market cap is less than US$100m (€83.1m market cap, or US$92.9m).Reported Earnings • Aug 28Full year 2024 earnings released: EPS: NZ$0.20 (vs NZ$0.47 in FY 2023)Full year 2024 results: EPS: NZ$0.20 (down from NZ$0.47 in FY 2023). Revenue: NZ$43.4m (flat on FY 2023). Net income: NZ$38.5m (down 57% from FY 2023). Profit margin: 89% (down from 207% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.New Risk • Aug 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (€88.1m market cap, or US$95.3m).공시 • Jul 29Bathurst Resources Limited to Report Q4, 2024 Results on Jul 31, 2024Bathurst Resources Limited announced that they will report Q4, 2024 results on Jul 31, 2024New Risk • Jul 25New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €91.5m (US$99.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risk Market cap is less than US$100m (€91.5m market cap, or US$99.2m).Board Change • Jun 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Independent Non-Executive Director Francois Tumahai was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Buy Or Sell Opportunity • Apr 29Now 21% overvaluedOver the last 90 days, the stock has fallen 9.7% to €0.51. The fair value is estimated to be €0.42, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.7% over the last 3 years. Meanwhile, the company has become profitable.공시 • Apr 24Bathurst Resources Limited to Report Q3, 2024 Results on Apr 29, 2024Bathurst Resources Limited announced that they will report Q3, 2024 results on Apr 29, 2024New Risk • Mar 20New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (35% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (8.9% average weekly change).공시 • Mar 01Bathurst Resources Limited to Report First Half, 2024 Results on Feb 29, 2024Bathurst Resources Limited announced that they will report first half, 2024 results on Feb 29, 2024New Risk • Jan 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (35% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.1% average weekly change).공시 • Oct 05Bathurst Resources Limited, Annual General Meeting, Nov 30, 2023Bathurst Resources Limited, Annual General Meeting, Nov 30, 2023.Reported Earnings • Aug 30Full year 2023 earnings released: EPS: NZ$0.47 (vs NZ$0.18 in FY 2022)Full year 2023 results: EPS: NZ$0.47 (up from NZ$0.18 in FY 2022). Revenue: NZ$43.7m (up 11% from FY 2022). Net income: NZ$90.5m (up 197% from FY 2022). Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.Reported Earnings • Sep 02Full year 2022 earnings released: EPS: NZ$0.18 (vs NZ$0.39 in FY 2021)Full year 2022 results: EPS: NZ$0.18 (down from NZ$0.39 in FY 2021). Revenue: NZ$39.6m (down 18% from FY 2021). Net income: NZ$30.5m (down 54% from FY 2021). Profit margin: 77% (down from 139% in FY 2021). The decrease in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 04Investor sentiment improved over the past weekAfter last week's 18% share price gain to €1.06, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 6x in the Metals and Mining industry in Europe. Total returns to shareholders of 57% over the past three years.Buying Opportunity • Jan 28Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 5.6%. The fair value is estimated to be NZ$0.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. The company has become profitable over the last year.Executive Departure • Oct 01Company Secretary Bill Lyne has left the companyOn the 30th of September, Bill Lyne's tenure as Company Secretary ended after 6.4 years in the role. We don't have any record of a personal shareholding under Bill's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 5.46 years.Reported Earnings • Aug 27Full year 2021 earnings released: EPS NZ$0.39 (vs NZ$0.28 loss in FY 2020)Full year 2021 results: Revenue: NZ$48.2m (up 2.5% from FY 2020). Net income: NZ$66.7m (up NZ$114.1m from FY 2020). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.Executive Departure • Jul 13Independent Non-Executive Chairman Tokorangi Kapea has left the companyOn the 1st of July, Tokorangi Kapea's tenure as Independent Non-Executive Chairman ended after 8.1 years in the role. We don't have any record of a personal shareholding under Tokorangi's name. Tokorangi is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 6.17 years.이익 및 매출 성장 예측DB:B0R - 애널리스트 향후 추정치 및 과거 재무 데이터 (NZD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수6/30/202826-6-157-816/30/2027229-49-716/30/20269-15-17-9112/31/202531-7-131N/A9/30/202536-1-93N/A6/30/2025424-55N/A3/31/20254221-54N/A12/31/20244338-63N/A9/30/20244338-84N/A6/30/20244339-104N/A3/31/20244346-111N/A12/31/20234454-13-1N/A9/30/20234472-8-1N/A6/30/20234490-40N/A3/31/2023438103N/A12/31/2022427236N/A9/30/2022415147N/A6/30/2022403058N/A3/31/2022414969N/A12/31/20214368710N/A9/30/20214667610N/A6/30/20214867510N/A3/31/2021484410N/A12/31/202047-58211N/A9/30/202047-53616N/A6/30/202047-47920N/A3/31/202048-71526N/A12/31/201950342232N/A9/30/20195140N/A31N/A6/30/20195345N/A30N/A3/31/20195244N/A30N/A12/31/20185243N/A29N/A9/30/20185024N/A25N/A6/30/2018486N/A21N/A3/31/201847-6N/A17N/A12/31/201746-3N/A12N/A9/30/201744-3N/A10N/A6/30/201742-16N/A9N/A3/31/201742-13N/A9N/A12/31/201643-10N/A8N/A9/30/201647-5N/A9N/A6/30/2016511N/A10N/A3/31/201652-4N/A8N/A12/31/201554-9N/A6N/A9/30/201553-13N/A4N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: B0R 은 향후 3년 동안 수익을 낼 것으로 예상되며, 이는 절약률(1.9%)보다 빠른 성장으로 간주됩니다.수익 vs 시장: B0R (는) 향후 3년 동안 평균 시장 성장보다 높은 수익을 올릴 것으로 예상됩니다.고성장 수익: B0R 향후 3년 내에 수익을 낼 것으로 예상됩니다.수익 대 시장: B0R 의 수익(연간 4.6%)이 German 시장(연간 6.7%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: B0R 의 수익(연간 4.6%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: B0R의 자본 수익률은 3년 후 0.3%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/12 22:14종가2026/07/10 00:00수익2025/12/31연간 수익2025/06/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Bathurst Resources Limited는 6명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Craig SainsburyCitigroup IncJames StewartCLSAAndrew Harvey-GreenForsyth Barr Group Ltd.3명의 분석가 더 보기
공시 • Jun 18Bathurst Resources Limited Announces Company Secretary ChangesBathurst Resources Limited announced with deep sadness unexpected passing of its Company Secretary, Larissa Brown. Kieran McColl, the Chief Financial Officer of BRL, has been appointed acting Company Secretary.
Board Change • May 20Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Chairman Peter Westerhuis was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • May 06Bathurst Resources Limited to Report Q3, 2026 Results on May 12, 2026Bathurst Resources Limited announced that they will report Q3, 2026 results on May 12, 2026
공시 • Feb 23Bathurst Resources Limited to Report First Half, 2026 Results on Feb 27, 2026Bathurst Resources Limited announced that they will report first half, 2026 results on Feb 27, 2026
공시 • Oct 27Bathurst Resources Limited to Report Q1, 2026 Results on Oct 28, 2025Bathurst Resources Limited announced that they will report Q1, 2026 results on Oct 28, 2025
공시 • Oct 15Bathurst Resources Limited, Annual General Meeting, Dec 03, 2025Bathurst Resources Limited, Annual General Meeting, Dec 03, 2025.
공시 • Aug 25Bathurst Resources Limited to Report Fiscal Year 2025 Results on Aug 27, 2025Bathurst Resources Limited announced that they will report fiscal year 2025 results on Aug 27, 2025
공시 • Apr 29Bathurst Resources Limited to Report Q3, 2025 Results on Apr 30, 2025Bathurst Resources Limited announced that they will report Q3, 2025 results on Apr 30, 2025
공시 • Mar 27Bathurst Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 3 million.Bathurst Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 3 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 4,054,054 Price\Range: AUD 0.74
공시 • Mar 25Bathurst Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 34.392797 million.Bathurst Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 34.392797 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 46,476,753 Price\Range: AUD 0.74 Discount Per Security: AUD 0.0444 Transaction Features: Subsequent Direct Listing
공시 • Feb 21Bathurst Resources Limited to Report First Half, 2025 Results on Feb 25, 2025Bathurst Resources Limited announced that they will report first half, 2025 results on Feb 25, 2025
공시 • Oct 30Bathurst Resources Limited to Report Q1, 2025 Results on Oct 30, 2024Bathurst Resources Limited announced that they will report Q1, 2025 results on Oct 30, 2024
공시 • Oct 03Bathurst Resources Limited, Annual General Meeting, Nov 27, 2024Bathurst Resources Limited, Annual General Meeting, Nov 27, 2024.
New Risk • Aug 28New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 89% Last year net profit margin: 207% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Profit margins are more than 30% lower than last year (89% net profit margin). Market cap is less than US$100m (€83.1m market cap, or US$92.9m).
Reported Earnings • Aug 28Full year 2024 earnings released: EPS: NZ$0.20 (vs NZ$0.47 in FY 2023)Full year 2024 results: EPS: NZ$0.20 (down from NZ$0.47 in FY 2023). Revenue: NZ$43.4m (flat on FY 2023). Net income: NZ$38.5m (down 57% from FY 2023). Profit margin: 89% (down from 207% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
New Risk • Aug 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (€88.1m market cap, or US$95.3m).
공시 • Jul 29Bathurst Resources Limited to Report Q4, 2024 Results on Jul 31, 2024Bathurst Resources Limited announced that they will report Q4, 2024 results on Jul 31, 2024
New Risk • Jul 25New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €91.5m (US$99.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risk Market cap is less than US$100m (€91.5m market cap, or US$99.2m).
Board Change • Jun 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Independent Non-Executive Director Francois Tumahai was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Buy Or Sell Opportunity • Apr 29Now 21% overvaluedOver the last 90 days, the stock has fallen 9.7% to €0.51. The fair value is estimated to be €0.42, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.7% over the last 3 years. Meanwhile, the company has become profitable.
공시 • Apr 24Bathurst Resources Limited to Report Q3, 2024 Results on Apr 29, 2024Bathurst Resources Limited announced that they will report Q3, 2024 results on Apr 29, 2024
New Risk • Mar 20New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (35% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (8.9% average weekly change).
공시 • Mar 01Bathurst Resources Limited to Report First Half, 2024 Results on Feb 29, 2024Bathurst Resources Limited announced that they will report first half, 2024 results on Feb 29, 2024
New Risk • Jan 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (35% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.1% average weekly change).
공시 • Oct 05Bathurst Resources Limited, Annual General Meeting, Nov 30, 2023Bathurst Resources Limited, Annual General Meeting, Nov 30, 2023.
Reported Earnings • Aug 30Full year 2023 earnings released: EPS: NZ$0.47 (vs NZ$0.18 in FY 2022)Full year 2023 results: EPS: NZ$0.47 (up from NZ$0.18 in FY 2022). Revenue: NZ$43.7m (up 11% from FY 2022). Net income: NZ$90.5m (up 197% from FY 2022). Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Sep 02Full year 2022 earnings released: EPS: NZ$0.18 (vs NZ$0.39 in FY 2021)Full year 2022 results: EPS: NZ$0.18 (down from NZ$0.39 in FY 2021). Revenue: NZ$39.6m (down 18% from FY 2021). Net income: NZ$30.5m (down 54% from FY 2021). Profit margin: 77% (down from 139% in FY 2021). The decrease in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 04Investor sentiment improved over the past weekAfter last week's 18% share price gain to €1.06, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 6x in the Metals and Mining industry in Europe. Total returns to shareholders of 57% over the past three years.
Buying Opportunity • Jan 28Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 5.6%. The fair value is estimated to be NZ$0.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. The company has become profitable over the last year.
Executive Departure • Oct 01Company Secretary Bill Lyne has left the companyOn the 30th of September, Bill Lyne's tenure as Company Secretary ended after 6.4 years in the role. We don't have any record of a personal shareholding under Bill's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 5.46 years.
Reported Earnings • Aug 27Full year 2021 earnings released: EPS NZ$0.39 (vs NZ$0.28 loss in FY 2020)Full year 2021 results: Revenue: NZ$48.2m (up 2.5% from FY 2020). Net income: NZ$66.7m (up NZ$114.1m from FY 2020). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
Executive Departure • Jul 13Independent Non-Executive Chairman Tokorangi Kapea has left the companyOn the 1st of July, Tokorangi Kapea's tenure as Independent Non-Executive Chairman ended after 8.1 years in the role. We don't have any record of a personal shareholding under Tokorangi's name. Tokorangi is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 6.17 years.