Florin Mining Investment Company Limited is a publicly owned investment manager.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.12|
|52 Week High||AU$0.11|
|52 Week Low||AU$0.13|
|1 Month Change||0%|
|3 Month Change||n/a|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||118.18%|
|Change since IPO||60.00%|
Recent News & Updates
|FMI||AU Capital Markets||AU Market|
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.
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
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
|FMI fundamental statistics|
Is FMI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FMI income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.021|
|Net Profit Margin||100.34%|
How did FMI perform over the long term?See historical performance and comparison
Is Florin Mining Investment undervalued compared to its fair value and its price relative to the market?
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).
How is Florin Mining Investment forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Florin Mining Investment performed over the past 5 years?
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.
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).
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Florin Mining Investment has no CEO, or we have no data on them.
Experienced Board: FMI's board of directors are considered experienced (5.6 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Florin Mining Investment Company Limited's employee growth, exchange listings and data sources
- 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
- Florin Mining Investment Company Limited
- 10 Murray Street
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 07:04|
|End of Day Share Price||2021/08/13 00:00|
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.