Stock Analysis Report

Blaze International

Executive Summary

Blaze International Limited, together with its subsidiaries, explores for and develops mineral properties in Australia.

Snowflake Analysis

Excellent balance sheet and overvalued.

Share Price & News

How has Blaze International's share price performed over time and what events caused price changes?

Latest Share Price and Events

Stable Share Price: BLZ's share price has been volatile over the past 3 months.

Market Performance

7 Day Return




AU Oil and Gas


AU Market

1 Year Return




AU Oil and Gas


AU Market

Return vs Industry: BLZ underperformed the Australian Oil and Gas industry which returned -8.8% over the past year.

Return vs Market: BLZ underperformed the Australian Market which returned 15.5% over the past year.

Shareholder returns

7 Day-12.5%0.4%0.7%
30 Day-17.6%-7.8%0.8%
90 Day-30.0%-2.8%6.1%
1 Year-41.7%-41.7%-5.0%-8.8%20.6%15.5%
3 Year-58.8%-58.8%12.4%0.9%38.1%19.7%
5 Year-94.4%-94.4%6.3%-11.0%51.8%17.9%

Price Volatility Vs. Market

How volatile is Blaze International's share price compared to the market and industry in the last 5 years?

Simply Wall St News


Is Blaze International undervalued compared to its fair value and its price relative to the market?


Price to Book (PB) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate BLZ's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate BLZ's fair value to establish if it is undervalued.

Price To Earnings Ratio

PE vs Industry: BLZ is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.

PE vs Market: BLZ is unprofitable, so we can't compare its PE Ratio to the Australian market.

Price to Earnings Growth Ratio

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

Price to Book Ratio

PB vs Industry: BLZ is good value based on its PB Ratio (0.5x) compared to the AU Oil and Gas industry average (1.2x).

Next Steps

Future Growth

How is Blaze International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?


Forecasted Energy 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 Blaze International 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.

Next Steps

Past Performance

How has Blaze International performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BLZ is currently unprofitable.

Growing Profit Margin: BLZ is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: BLZ is unprofitable, and losses have increased over the past 5 years at a rate of -12.2% per year.

Accelerating Growth: Unable to compare BLZ's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BLZ is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (16.4%).

Return on Equity

High ROE: BLZ has a negative Return on Equity (-12.87%), as it is currently unprofitable.

Return on Assets

Return on Capital Employed

Next Steps

Financial Health

How is Blaze International's financial position?

Financial Position Analysis

Short Term Liabilities: BLZ's short term assets (A$2.4M) exceed its short term liabilities (A$268.5K).

Long Term Liabilities: BLZ has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: BLZ is debt free.

Reducing Debt: BLZ has no debt compared to 5 years ago when its debt to equity ratio was 2.3%.

Balance Sheet

Inventory Level: BLZ has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if BLZ's debt is covered by short term assets.

Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: BLZ has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if BLZ has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.

Next Steps


What is Blaze International's current dividend yield, its reliability and sustainability?

Dividend Yield vs Market

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

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

Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if BLZ'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 BLZ's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.

Next Steps


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


Average board tenure


Blaze International has no CEO, or we have no data on them.

Board Members

Simon Coxhell
Independent Director0.8yrsAU$20.00k1.29% A$38.0k
Josh Puckridge
Non-Executive Chairman4.2yrsAU$45.00kno data
Maciej Rosiewicz
Non-Executive Director2.8yrsAU$33.00kno data


Average Tenure

Experienced Board: BLZ's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


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

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 35.4%.

Top Shareholders

Company Information

Blaze International Limited's company bio, employee growth, exchange listings and data sources

Key Information

  • Name: Blaze International Limited
  • Ticker: BLZ
  • Exchange: ASX
  • Founded: 1996
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Market Cap: AU$2.940m
  • Shares outstanding: 210.00m
  • Website:


  • Blaze International Limited
  • 330 Churchill Avenue
  • Suite 9
  • Subiaco
  • Western Australia
  • 6008
  • Australia


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BLZASX (Australian Securities Exchange)YesOrdinary SharesAUAUDOct 1996
BLZCHIA (Chi-X Australia)YesOrdinary SharesAUAUDOct 1996


Blaze International Limited, together with its subsidiaries, explores for and develops mineral properties in Australia. It primarily explores for gold deposits. The company primarily holds interests in the Kirkalocka, Leonora, and Thundelarra projects located in Murchison District of Western Australia. Blaze International Limited was incorporated in 1996 and is based in Subiaco, Australia. 

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/21 10:36
End of Day Share Price2020/02/21 00:00
Annual Earnings2019/06/30

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.