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XRF

XRF ScientificASX:XRF Stock Report

Market Cap

AU$80.8m

7D

0.9%

1Y

88.7%

Updated

03 Dec, 2021

Data

Company Financials +
XRF fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance5/6
Financial Health5/6
Dividends4/6

XRF Stock Overview

XRF Scientific Limited manufactures and markets precious metal products, specialized chemicals, and instruments for the scientific, analytical, construction material, and mining industries in Australia, Canada, and Europe.

Price History & Performance

Summary of all time highs, changes and price drops for XRF Scientific
Historical stock prices
Current Share PriceAU$0.58
52 Week HighAU$0.69
52 Week LowAU$0.27
Beta0.71
1 Month Change-12.69%
3 Month Change3.54%
1 Year Change88.71%
3 Year Change317.86%
5 Year Change216.22%
Change since IPO172.09%

Recent News & Updates

Oct 01
Is Now The Time To Put XRF Scientific (ASX:XRF) On Your Watchlist?

Is Now The Time To Put XRF Scientific (ASX:XRF) On Your Watchlist?

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...

Shareholder Returns

XRFAU MachineryAU Market
7D0.9%-4.2%-0.7%
1Y88.7%21.6%9.8%

Return vs Industry: XRF exceeded the Australian Machinery industry which returned 21.6% over the past year.

Return vs Market: XRF exceeded the Australian Market which returned 9.8% over the past year.

Price Volatility

Is XRF's price volatile compared to industry and market?
XRF volatility
XRF Average Weekly Movement6.5%
Machinery Industry Average Movement8.4%
Market Average Movement8.3%
10% most volatile stocks in AU Market15.7%
10% least volatile stocks in AU Market3.7%

Stable Share Price: XRF is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: XRF's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1972n/aVance Stazzonellihttps://www.xrfscientific.com

XRF Scientific Limited manufactures and markets precious metal products, specialized chemicals, and instruments for the scientific, analytical, construction material, and mining industries in Australia, Canada, and Europe. It operates through Capital Equipment, Precious Metals, and Consumables segments. The Capital Equipment segment designs, manufactures, and services automated fusion equipment, and high temperature test and production furnaces, as well as general laboratory equipment.

XRF Scientific Fundamentals Summary

How do XRF Scientific's earnings and revenue compare to its market cap?
XRF fundamental statistics
Market CapAU$80.80m
Earnings (TTM)AU$5.13m
Revenue (TTM)AU$31.29m

15.5x

P/E Ratio

2.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
XRF income statement (TTM)
RevenueAU$31.29m
Cost of RevenueAU$17.50m
Gross ProfitAU$13.79m
ExpensesAU$8.66m
EarningsAU$5.13m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.038
Gross Margin44.07%
Net Profit Margin16.39%
Debt/Equity Ratio11.8%

How did XRF perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

52%

Payout Ratio

Valuation

Is XRF Scientific undervalued compared to its fair value and its price relative to the market?

20.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: XRF (A$0.59) is trading below our estimate of fair value (A$0.73)

Significantly Below Fair Value: XRF is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: XRF is good value based on its PE Ratio (15.5x) compared to the Australian Machinery industry average (23.8x).

PE vs Market: XRF is good value based on its PE Ratio (15.5x) compared to the Australian market (18.6x).


Price to Earnings Growth Ratio

PEG Ratio: XRF is poor value based on its PEG Ratio (1.7x)


Price to Book Ratio

PB vs Industry: XRF is good value based on its PB Ratio (2x) compared to the AU Machinery industry average (2.2x).


Future Growth

How is XRF Scientific forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

9.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: XRF's forecast earnings growth (9.2% per year) is above the savings rate (1.9%).

Earnings vs Market: XRF's earnings (9.2% per year) are forecast to grow slower than the Australian market (11.8% per year).

High Growth Earnings: XRF's earnings are forecast to grow, but not significantly.

Revenue vs Market: XRF's revenue (6.3% per year) is forecast to grow faster than the Australian market (5.2% per year).

High Growth Revenue: XRF's revenue (6.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: XRF's Return on Equity is forecast to be low in 3 years time (12.1%).


Past Performance

How has XRF Scientific performed over the past 5 years?

35.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: XRF has high quality earnings.

Growing Profit Margin: XRF's current net profit margins (16.4%) are higher than last year (10.7%).


Past Earnings Growth Analysis

Earnings Trend: XRF's earnings have grown significantly by 35.5% per year over the past 5 years.

Accelerating Growth: XRF's earnings growth over the past year (64.4%) exceeds its 5-year average (35.5% per year).

Earnings vs Industry: XRF earnings growth over the past year (64.4%) exceeded the Machinery industry 25.8%.


Return on Equity

High ROE: XRF's Return on Equity (13.1%) is considered low.


Financial Health

How is XRF Scientific's financial position?


Financial Position Analysis

Short Term Liabilities: XRF's short term assets (A$22.7M) exceed its short term liabilities (A$8.4M).

Long Term Liabilities: XRF's short term assets (A$22.7M) exceed its long term liabilities (A$832.5K).


Debt to Equity History and Analysis

Debt Level: XRF has more cash than its total debt.

Reducing Debt: XRF's debt to equity ratio has increased from 3.7% to 11.8% over the past 5 years.

Debt Coverage: XRF's debt is well covered by operating cash flow (97.8%).

Interest Coverage: XRF's interest payments on its debt are well covered by EBIT (182.1x coverage).


Balance Sheet


Dividend

What is XRF Scientific current dividend yield, its reliability and sustainability?

3.42%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: XRF's dividend (3.42%) is higher than the bottom 25% of dividend payers in the Australian market (2.3%).

High Dividend: XRF's dividend (3.42%) is low compared to the top 25% of dividend payers in the Australian market (5.58%).


Stability and Growth of Payments

Stable Dividend: XRF's dividend payments have been volatile in the past 10 years.

Growing Dividend: XRF's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (52.4%), XRF's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: XRF's dividends in 3 years are forecast to be covered by earnings (51.2% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

9.3yrs

Average management tenure


CEO

Vance Stazzonelli

9.33yrs

Tenure

AU$365,226

Compensation

Mr. Vance Stazzonelli, B.Comm has been the Chief Executive Officer of XRF Scientific Limited since August 6, 2012 and Company Secretary since June 16, 2008. Mr. Stazzonelli has been Managing Director and D...


CEO Compensation Analysis

Compensation vs Market: Vance's total compensation ($USD259.43K) is about average for companies of similar size in the Australian market ($USD291.30K).

Compensation vs Earnings: Vance's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: XRF's management team is seasoned and experienced (9.3 years average tenure).


Board Members

Experienced Board: XRF's board of directors are considered experienced (6.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: XRF insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

XRF Scientific Limited's employee growth, exchange listings and data sources


Key Information

  • Name: XRF Scientific Limited
  • Ticker: XRF
  • Exchange: ASX
  • Founded: 1972
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: AU$80.800m
  • Shares outstanding: 135.80m
  • Website: https://www.xrfscientific.com

Location

  • XRF Scientific Limited
  • 86 Guthrie Street
  • Osborne Park
  • Western Australia
  • 6017
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/03 07:03
End of Day Share Price2021/12/03 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.