FMI

Florin Mining InvestmentNSX:FMI Stock Report

Market Cap

AU$2.0m

7D

0%

1Y

n/a

Updated

18 Oct, 2021

Data

Company Financials
FMI fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends0/6

FMI Overview

Florin Mining Investment Company Limited is a publicly owned investment manager.

Price History & Performance

Summary of all time highs, changes and price drops for Florin Mining Investment
Historical stock prices
Current Share PriceAU$0.12
52 Week HighAU$0.11
52 Week LowAU$0.13
Beta-0.27
1 Month Change0%
3 Month Changen/a
1 Year Changen/a
3 Year Changen/a
5 Year Change118.18%
Change since IPO60.00%

Recent News & Updates

Shareholder Returns

FMIAU Capital MarketsAU Market
7D0%1.9%0.9%
1Yn/a21.7%20.2%

Return vs Industry: Insufficient data to determine how FMI performed against the Australian Capital Markets industry.

Return vs Market: Insufficient data to determine how FMI performed against the Australian Market.

Price Volatility

Is FMI's price volatile compared to industry and market?
FMI volatility
FMI Beta-0.27
Industry Beta0.98
Market Beta1

Stable Share Price: Insufficient data to determine FMI's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine FMI's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/an/ahttps://www.florin.com.au

Florin Mining Investment Company Limited is a publicly owned investment manager. It invests in the public equity markets of Australia. The firm also invests in precious metals, industrial minerals, bulk commodities, oil, gas and geothermal energy.

Florin Mining Investment Fundamentals Summary

How do Florin Mining Investment's earnings and revenue compare to its market cap?
FMI fundamental statistics
Market CapAU$2.04m
Earnings (TTM)AU$355.83k
Revenue (TTM)AU$354.61k

5.7x

P/E Ratio

5.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FMI income statement (TTM)
RevenueAU$354.61k
Cost of RevenueAU$0
Gross ProfitAU$354.61k
Expenses-AU$1.22k
EarningsAU$355.83k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.021
Gross Margin100.00%
Net Profit Margin100.34%
Debt/Equity Ratio1.6%

How did FMI perform over the long term?

See historical performance and comparison

Valuation

Is Florin Mining Investment undervalued compared to its fair value and its price relative to the market?

5.72x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: FMI (A$0.12) is trading above our estimate of fair value (A$0.09)

Significantly Below Fair Value: FMI is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: FMI is good value based on its PE Ratio (5.7x) compared to the Australian Capital Markets industry average (16.3x).

PE vs Market: FMI is good value based on its PE Ratio (5.7x) compared to the Australian market (19.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate FMI's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: FMI is good value based on its PB Ratio (0.6x) compared to the AU Capital Markets industry average (1.4x).


Future Growth

How is Florin Mining Investment forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.1%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Florin Mining Investment has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Florin Mining Investment performed over the past 5 years?

23.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FMI has high quality earnings.

Growing Profit Margin: FMI's current net profit margins are higher than last year (52.2%).


Past Earnings Growth Analysis

Earnings Trend: FMI's earnings have grown significantly by 23.3% per year over the past 5 years.

Accelerating Growth: FMI's earnings growth over the past year (126.8%) exceeds its 5-year average (23.3% per year).

Earnings vs Industry: FMI earnings growth over the past year (126.8%) exceeded the Capital Markets industry 12.8%.


Return on Equity

High ROE: FMI's Return on Equity (10.7%) is considered low.


Financial Health

How is Florin Mining Investment's financial position?


Financial Position Analysis

Short Term Liabilities: FMI's short term assets (A$736.8K) exceed its short term liabilities (A$81.5K).

Long Term Liabilities: FMI's short term assets (A$736.8K) exceed its long term liabilities (A$328.5K).


Debt to Equity History and Analysis

Debt Level: FMI's debt to equity ratio (1.6%) is considered satisfactory.

Reducing Debt: FMI's debt to equity ratio has increased from 0.3% to 1.6% over the past 5 years.

Debt Coverage: FMI's debt is well covered by operating cash flow (142.8%).

Interest Coverage: FMI's interest payments on its debt are well covered by EBIT (76.8x coverage).


Balance Sheet


Dividend

What is Florin Mining Investment current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate FMI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate FMI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if FMI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if FMI's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of FMI's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

  • Explore strong dividend paying companies in the Diversified Financials industry.

Management

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

5.6yrs

Average board tenure


CEO

Florin Mining Investment has no CEO, or we have no data on them.


Board Members

Experienced Board: FMI's board of directors are considered experienced (5.6 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: FMI 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

Florin Mining Investment Company Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Florin Mining Investment Company Limited
  • Ticker: FMI
  • Exchange: NSX
  • Founded: NaN
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: AU$2.035m
  • Shares outstanding: 16.96m
  • Website: https://www.florin.com.au

Location

  • Florin Mining Investment Company Limited
  • 10 Murray Street
  • Hamilton
  • New South Wales
  • 2303
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 07:04
End of Day Share Price2021/08/13 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.