Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
DevEx Resources. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
DevEx Resources's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 DevEx Resources 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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare DevEx Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare DevEx Resources's earnings growth to the Australia market average as no estimate data is available.
Unable to compare DevEx Resources's revenue growth to the Australia market average as no estimate data is available.
Unable to determine if DevEx Resources is high growth as no earnings estimate data is available.
Unable to determine if DevEx Resources is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
DevEx Resources's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Oil and Gas
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Brendan J. Bradley is Managing Director & Director of DevEx Resources Limited since June 1, 2017. He is a geologist with over 20 years of mineral exploration, mining and resource development experience in a broad range of geological settings. For the past eight years, he has been working in the Asian region in a variety of business development roles for mid-tier gold miners Kingsgate Consolidated and Dominion Mining. Mr. Bradley holds a Bachelor of Applied Science with Honours and is a Member of the Australian Institute of Geoscientists.
Brendan's compensation has increased whilst company is loss making.
Brendan's remuneration is about average for companies of similar size in Australia.
Chairman of the Board
MD & Director
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The tenure for the DevEx Resources board of directors is about average.
DevEx Resources Limited, together with its subsidiaries, engages in the exploration and evaluation of mineral properties in Australia. The company primarily explores for uranium, copper, lithium, diamond, gold, and other base metals. It holds 100% interests in West Arnhem-Nabarlek project that covers an area of approximately 5,963 square kilometers tenement packages located in the Alligator Rivers Uranium Province, Northern Territory; the Junee Project, which covers an area of approximately 281.3 square kilometers situated in the Lachlan Fold Belt of New South Wales; and Bogong project that covers an area of approximately 53 square kilometers situated in the Lachlan Fold Belt of New South Wales. DevEx Resources Limited also owns 100% interests in Oscar and Mount Hann project that consist of eight exploration license applications, which covers an area of approximately 2,700 square kilometers located in the Kimberley Region of Western Australia; and the Dundas project situated near Norseman in Western Australia. The company was formerly known as Uranium Equities Limited and changed its name to DevEx Resources Limited in November 2017. DevEx Resources Limited is based in West Perth, Australia.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.