ASX:CRM

Stock Analysis Report

Executive Summary

Carbon Minerals Limited, together with its subsidiaries, engages in the gas exploration and development activities primarily in Australia.


Snowflake Analysis

Flawless balance sheet with weak fundamentals.

Share Price & News

How has Carbon Minerals's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-6.7%

CRM

-10.4%

AU Oil and Gas

-7.1%

AU Market


1 Year Return

133.3%

CRM

-19.1%

AU Oil and Gas

6.7%

AU Market

Return vs Industry: CRM exceeded the Australian Oil and Gas industry which returned -19.1% over the past year.

Return vs Market: CRM exceeded the Australian Market which returned 6.7% over the past year.


Shareholder returns

CRMIndustryMarket
7 Day-6.7%-10.4%-7.1%
30 Day55.6%-14.6%-5.3%
90 Dayn/a-16.2%-3.2%
1 Year133.3%133.3%-15.9%-19.1%11.3%6.7%
3 Year180.0%180.0%0.4%-10.4%28.2%11.2%
5 Year55.6%55.6%-7.3%-23.2%40.9%9.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Carbon Minerals undervalued compared to its fair value and its price relative to the market?

1.12x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

PE vs Market: CRM 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 CRM's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CRM is overvalued based on its PB Ratio (1.1x) compared to the AU Oil and Gas industry average (1.1x).


Next Steps

Future Growth

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

14.8%

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 Carbon Minerals 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 Carbon Minerals performed over the past 5 years?

24.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CRM is currently unprofitable.

Growing Profit Margin: CRM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CRM is unprofitable, but has reduced losses over the past 5 years at a rate of 24.5% per year.

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

Earnings vs Industry: CRM is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-0.7%).


Return on Equity

High ROE: CRM has a negative Return on Equity (-7.05%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Carbon Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: CRM's short term assets (A$4.2M) exceed its short term liabilities (A$187.4K).

Long Term Liabilities: CRM has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: CRM is debt free.

Reducing Debt: CRM has no debt compared to 5 years ago when its debt to equity ratio was 0%.


Balance Sheet

Inventory Level: CRM has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if CRM'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: CRM has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: CRM has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 65.4% each year


Next Steps

Dividend

What is Carbon Minerals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.5%markettop25%5.8%industryaverage4.4%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate CRM'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 CRM's dividends per share have been stable in the past.

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


Next Steps

Management

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

6.9yrs

Average management tenure


CEO

Marcus Paul Smith (64yo)

6.9yrs

Tenure

AU$8,760

Compensation

Dr. Marcus Paul Lincoln Smith, B.A., BSc. (Hons.), MSc, Ph.D. MEIANZ,, CEnvP(ecology), has been Chief Executive Officer at Carbon Minerals Limited since March 13, 2013. Dr. Smith serves as Executive Chairm ...


Leadership Team

NamePositionTenureCompensationOwnership
Marcus Paul Smith
Executive Chairman & CEO6.9yrsAU$8.76k0.045% A$2.4k
Steven Danielson
CFO, Company Secretary & Director26.7yrsno data0.00053% A$27.9
Raphael Lincoln-Smith
Executive Director2.1yrsAU$4.38k0.00053% A$27.9
Rachel Thorn
Company Secretary25.4yrsno datano data

6.9yrs

Average Tenure

64yo

Average Age

Experienced Management: CRM's management team is seasoned and experienced (6.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Marcus Paul Smith
Executive Chairman & CEO6.9yrsAU$8.76k0.045% A$2.4k
Steven Danielson
CFO, Company Secretary & Director26.7yrsno data0.00053% A$27.9
Raphael Lincoln-Smith
Executive Director2.1yrsAU$4.38k0.00053% A$27.9
Wayne Annis-Brown
Non-Executive Director31.5yrsAU$4.38k0.49% A$25.9k
Bun Lee
Alternate Non-Executive Director13.8yrsno data0.053% A$2.8k

13.8yrs

Average Tenure

65yo

Average Age

Experienced Board: CRM's board of directors are seasoned and experienced ( 13.8 years average tenure).


Ownership

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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Carbon Minerals Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Carbon Minerals Limited
  • Ticker: CRM
  • Exchange: ASX
  • Founded:
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: AU$5.265m
  • Shares outstanding: 18.80m
  • Website: https://www.carbonminerals.com.au

Location

  • Carbon Minerals Limited
  • 66 Clarence Street
  • Suite 3
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CRMASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJul 2006

Biography

Carbon Minerals Limited, together with its subsidiaries, engages in the gas exploration and development activities primarily in Australia. It holds interest in the Gunnedah Basin Coal-Seam-Gas project located in New South Wales. The company is based in Sydney, Australia. Carbon Minerals Limited is a subsidiary of Magnum Resources Pty Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/28 10:39
End of Day Share Price2020/02/26 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.