Loading...

Energy Resources of Australia

ASX:ERA
Snowflake Description

Mediocre balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ERA
ASX
A$135M
Market Cap
  1. Home
  2. AU
  3. Energy
Company description

Energy Resources of Australia Ltd engages in producing and selling uranium oxide. The last earnings update was 61 days ago. More info.


Add to Portfolio Compare Print
  • Energy Resources of Australia has significant price volatility in the past 3 months.
ERA Share Price and Events
7 Day Returns
4%
ASX:ERA
0.8%
AU Oil and Gas
-0%
AU Market
1 Year Returns
-54.4%
ASX:ERA
3.7%
AU Oil and Gas
4.9%
AU Market
ERA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Energy Resources of Australia (ERA) 4% -13.3% 15.6% -54.4% -23.5% -80.7%
AU Oil and Gas 0.8% -0.7% 5.6% 3.7% 30.5% -32%
AU Market -0% 1.5% 6.5% 4.9% 18.2% 4.8%
1 Year Return vs Industry and Market
  • ERA underperformed the Oil and Gas industry which returned 3.7% over the past year.
  • ERA underperformed the Market in Australia which returned 4.9% over the past year.
Price Volatility
ERA
Industry
5yr Volatility vs Market

ERA Value

 Is Energy Resources of Australia undervalued based on future cash flows and its price relative to the stock market?

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 undervalued.

In this section, we usually try to help investors determine whether Energy Resources of Australia is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Energy Resources of Australia has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Energy Resources of Australia. This is due to cash flow or dividend data being unavailable. The share price is A$0.26.
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 Energy Resources of Australia's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Energy Resources of Australia's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:ERA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$-0.84
ASX:ERA Share Price ** ASX (2019-04-18) in AUD A$0.26
Australia Oil and Gas Industry PE Ratio Median Figure of 23 Publicly-Listed Oil and Gas Companies 7.92x
Australia Market PE Ratio Median Figure of 545 Publicly-Listed Companies 16.18x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Energy Resources of Australia.

ASX:ERA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:ERA Share Price ÷ EPS (both in AUD)

= 0.26 ÷ -0.84

-0.31x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Energy Resources of Australia is loss making, we can't compare its value to the AU Oil and Gas industry average.
  • Energy Resources of Australia is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Energy Resources of Australia's expected growth come at a high price?
Raw Data
ASX:ERA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.31x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Oil and Gas Industry PEG Ratio Median Figure of 17 Publicly-Listed Oil and Gas Companies 0.24x
Australia Market PEG Ratio Median Figure of 360 Publicly-Listed Companies 1.37x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Energy Resources of Australia, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Energy Resources of Australia's assets?
Raw Data
ASX:ERA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$-0.54
ASX:ERA Share Price * ASX (2019-04-18) in AUD A$0.26
Australia Oil and Gas Industry PB Ratio Median Figure of 144 Publicly-Listed Oil and Gas Companies 1.31x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.67x
ASX:ERA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:ERA Share Price ÷ Book Value per Share (both in AUD)

= 0.26 ÷ -0.54

-0.48x

* Primary Listing of Energy Resources of Australia.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Energy Resources of Australia has negative assets, we can't compare the value of its assets to the AU Oil and Gas industry average.

Next steps:

  1. Take a look at our analysis of ERA’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Energy Resources of Australia's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Oil and Gas industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Energy Resources of Australia's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Energy Resources of Australia has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

ERA Future Performance

 How is Energy Resources of Australia expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Energy Resources of Australia 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 growth 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 it right!
Annual Growth Rate
4.2%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Energy Resources of Australia expected to grow at an attractive rate?
  • Unable to compare Energy Resources of Australia's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Energy Resources of Australia's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Energy Resources of Australia's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:ERA Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 4.2%
Australia Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.7%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.5%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:ERA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:ERA Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31
2019-12-31
ASX:ERA Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 216 -76 -435
2018-09-30 227 -48 -274
2018-06-30 239 -19 -112
2018-03-31 240 -6 -78
2017-12-31 240 8 -44
2017-09-30 268 20 -64
2017-06-30 296 33 -84
2017-03-31 295 33 -178
2016-12-31 295 34 -271
2016-09-30 314 62 -244
2016-06-30 333 90 -217
2016-03-31 341 87 -246

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Energy Resources of Australia is high growth as no earnings estimate data is available.
  • Unable to determine if Energy Resources of Australia 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.
Raw Data
ASX:ERA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Energy Resources of Australia Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:ERA Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31
2019-12-31
ASX:ERA Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 -0.84
2018-09-30 -0.53
2018-06-30 -0.22
2018-03-31 -0.15
2017-12-31 -0.08
2017-09-30 -0.12
2017-06-30 -0.16
2017-03-31 -0.34
2016-12-31 -0.52
2016-09-30 -0.47
2016-06-30 -0.42
2016-03-31 -0.48

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Energy Resources of Australia will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of ERA’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Energy Resources of Australia's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. Energy Resources of Australia's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Energy Resources of Australia's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Energy Resources of Australia has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

ERA Past Performance

  How has Energy Resources of Australia performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Energy Resources of Australia's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Energy Resources of Australia does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Energy Resources of Australia's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Energy Resources of Australia's 1-year growth to the AU Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Energy Resources of Australia's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Energy Resources of Australia Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:ERA Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 215.61 -435.27 127.61
2018-09-30 227.25 -273.77 128.05
2018-06-30 238.89 -112.27 128.49
2018-03-31 239.68 -77.90 128.12
2017-12-31 240.47 -43.53 127.76
2017-09-30 268.02 -63.82 129.08
2017-06-30 295.57 -84.11 130.40
2017-03-31 295.20 -177.59 135.76
2016-12-31 294.84 -271.08 141.11
2016-09-30 313.90 -243.89 147.70
2016-06-30 332.96 -216.70 154.29
2016-03-31 340.61 -246.10 153.99
2015-12-31 348.26 -275.49 153.69
2015-09-30 378.94 -295.72 173.07
2015-06-30 409.61 -315.94 192.45
2015-03-31 405.71 -251.87 210.92
2014-12-31 401.80 -187.80 229.40
2014-09-30 402.82 -198.64 225.70
2014-06-30 403.84 -209.48 222.01
2014-03-31 386.99 -172.66 207.83
2013-12-31 370.14 -135.83 193.64
2013-09-30 387.06 -174.13 202.40
2013-06-30 403.97 -212.44 211.15
2013-03-31 413.41 -215.60 222.83
2012-12-31 422.85 -218.76 234.51
2012-09-30 504.48 -155.24 227.42
2012-06-30 586.12 -91.72 220.32

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Energy Resources of Australia has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Energy Resources of Australia has efficiently used its assets last year compared to the AU Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Energy Resources of Australia improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Energy Resources of Australia's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.
Energy Resources of Australia 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.

Full details on the Past part of the Simply Wall St company analysis model.

ERA Health

 How is Energy Resources of Australia's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Energy Resources of Australia's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Energy Resources of Australia is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Energy Resources of Australia's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Energy Resources of Australia's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Energy Resources of Australia has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Energy Resources of Australia Company Filings, last reported 3 months ago.

ASX:ERA Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 -280.79 0.00 313.74
2018-09-30 -280.79 0.00 313.74
2018-06-30 76.57 0.00 385.05
2018-03-31 76.57 0.00 385.05
2017-12-31 154.89 0.00 395.48
2017-09-30 154.89 0.00 395.48
2017-06-30 188.98 0.00 412.53
2017-03-31 188.98 0.00 412.53
2016-12-31 198.56 0.00 395.60
2016-09-30 198.56 0.00 395.60
2016-06-30 273.40 0.00 383.50
2016-03-31 273.40 0.00 383.50
2015-12-31 469.95 0.00 365.33
2015-09-30 469.95 0.00 365.33
2015-06-30 490.27 0.00 300.28
2015-03-31 490.27 0.00 300.28
2014-12-31 745.61 0.00 293.32
2014-09-30 745.61 0.00 293.32
2014-06-30 806.82 0.00 321.06
2014-03-31 806.82 0.00 321.06
2013-12-31 934.02 0.00 357.21
2013-09-30 934.02 0.00 357.21
2013-06-30 1,016.07 0.00 314.36
2013-03-31 1,016.07 0.00 314.36
2012-12-31 1,069.62 0.00 467.35
2012-09-30 1,069.62 0.00 467.35
2012-06-30 1,228.67 0.00 562.79
  • Energy Resources of Australia has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Energy Resources of Australia's debt level has increased considering it has negative shareholder equity.
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.

  • Energy Resources of Australia has sufficient cash runway for more than 3 years based on current free cash flow.
  • Energy Resources of Australia has sufficient cash runway for 2.2 years if free cash flow continues to grow at historical rates of 115.2% each year.
X
Financial health checks
We assess Energy Resources of Australia's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Energy Resources of Australia has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

ERA Dividends

 What is Energy Resources of Australia's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Energy Resources of Australia dividends.
If you bought A$2,000 of Energy Resources of Australia shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Energy Resources of Australia's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Energy Resources of Australia's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:ERA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Australia Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 4.6%
Australia Market Average Dividend Yield Market Cap Weighted Average of 417 Stocks 4.3%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.5%
Australia Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ASX:ERA Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31
ASX:ERA Past Annualized Dividends Data
Date (Data in A$) Dividend per share (annual) Avg. Yield (%)
2012-03-07 0.000 0.000
2012-01-31 0.000 0.000
2011-08-04 0.000 0.000
2011-03-11 0.000 0.000
2011-01-28 0.000 0.000
2010-01-29 0.390 2.764
2009-07-31 0.340 1.399
2009-04-21 0.400 1.716

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Energy Resources of Australia has not reported any payouts.
  • Unable to verify if Energy Resources of Australia's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Energy Resources of Australia's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Energy Resources of Australia has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Energy Resources of Australia's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Energy Resources of Australia afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Energy Resources of Australia has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

ERA Management

 What is the CEO of Energy Resources of Australia's salary, the management and board of directors tenure and is there insider trading?

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.
CEO
Paul Arnold
COMPENSATION A$876,000
TENURE AS CEO 1.7 years
CEO Bio

Mr. Paul Arnold has been the Chief Executive & Managing Director of Energy Resources of Australia Ltd since June 2017. Mr. Arnold has extensive experience to ERA gained over more than 25 years in the resources sector working in operations, commercial, business analysis, mergers and acquisitions and major project development roles. Before joining Rio Tinto in 2001, Mr. Arnold worked for more than a decade with BHP in operations and corporate teams. Mr. Arnold has been a Director of the Queensland Resources Council since 2012 and served as Chair of the Indigenous Affairs Committee established the annual Queensland Resources Council Indigenous Awards in 2014. He has been Director of Energy Resources of Australia Ltd since August 17, 2017.

CEO Compensation
  • Paul's compensation has increased whilst company is loss making.
  • Paul's remuneration is higher than average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the Energy Resources of Australia management team in years:

1.8
Average Tenure
  • The average tenure for the Energy Resources of Australia management team is less than 2 years, this suggests a new team.
Management Team

Paul Arnold

TITLE
CEO, MD & Director
COMPENSATION
A$876K
TENURE
1.7 yrs

David Blanch

TITLE
Chief Financial Officer
COMPENSATION
A$381K
TENURE
0.8 yrs

Lesley Bryce

TITLE
General Manager of Operations
COMPENSATION
A$596K
TENURE
1.8 yrs

Alan Tietzel

TITLE
Chief Advisor of Agreements
COMPENSATION
A$745K
TENURE
6.6 yrs

Rachel Storrs

TITLE
Investor Relations Officer

James O’Connell

TITLE
Company Secretary & Legal Counsel
TENURE
1.8 yrs
Board of Directors Tenure

Average tenure of the Energy Resources of Australia board of directors in years:

3.1
Average Tenure
  • The tenure for the Energy Resources of Australia board of directors is about average.
Board of Directors

Peter Mansell

TITLE
Chairman of the Board
COMPENSATION
A$225K
AGE
72
TENURE
3.5 yrs

Paul Arnold

TITLE
CEO, MD & Director
COMPENSATION
A$876K
TENURE
1.7 yrs

Shane Charles

TITLE
Non-Executive Director
COMPENSATION
A$144K
TENURE
3.5 yrs

Paul Dowd

TITLE
Non-Executive Director
COMPENSATION
A$142K
AGE
68
TENURE
3.5 yrs

Andrea Sutton

TITLE
Non-Executive Director
COMPENSATION
A$16K
TENURE
0.5 yrs

Zara Fisher

TITLE
Non-Executive Director
COMPENSATION
A$109K
TENURE
2.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
12. Apr 19 Buy Zentree Investments Ltd Company 20. Dec 18 10. Apr 19 5,261,768 A$0.25 A$1,310,641
21. Dec 18 Buy Zentree Investments Ltd Company 11. Oct 18 19. Dec 18 5,265,631 A$0.29 A$1,519,822
12. Oct 18 Sell Zentree Investments Ltd Company 22. Dec 17 06. Jun 18 -1,949,833 A$0.77 A$-1,500,039
12. Oct 18 Buy Zentree Investments Ltd Company 29. Dec 17 10. Oct 18 7,180,910 A$0.57 A$4,060,265
X
Management checks
We assess Energy Resources of Australia's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Energy Resources of Australia has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

ERA News

Simply Wall St News

What You Must Know About Energy Resources of Australia Ltd's (ASX:ERA) Beta Value

Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market. … In comparison a stock with a beta of over one tends to be move in a similar direction to the market in the long term, but with greater changes in price.

Simply Wall St -

Should You Have Energy Resources of Australia Ltd's (ASX:ERA) In Your Portfolio?

Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Before we go on, it's worth noting that Warren Buffett pointed out in his 2014 letter to shareholders that 'volatility is far from synonymous with risk.' Having said that, beta can still be rather useful. … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

What does Energy Resources of Australia Ltd's (ASX:ERA) Balance Sheet Tell Us About Its Future?

Energy Resources of Australia Ltd (ASX:ERA), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … Does ERA's growth rate justify its decision for financial flexibility over lower cost of capital … Debt capital generally has lower cost of capital compared to equity funding.

Simply Wall St -

Who Are Energy Resources of Australia Ltd's (ASX:ERA) Major Shareholders?

This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Thus, investors should dig deeper into ERA's business relations with these companies and how it can affect shareholder returns in the long-term.Next Steps: With a low level of institutional ownership, investors in ERA need not worry about non-fundamental factors such as ownership structure causing large impact on stock prices.

Simply Wall St -

Does Energy Resources of Australia Ltd's (ASX:ERA) Latest Financial Perfomance Look Strong?

View our latest analysis for Energy Resources of Australia How ERA fared against its long-term earnings performance and its industry For the purpose of this commentary, I like to use the ‘latest twelve-month’ data, which annualizes the most recent half-year data, or in some cases, the latest annual report is already the most recent financial year data. … ASX:ERA Income Statement Apr 27th 18 We can further evaluate Energy Resources of Australia's loss by looking at what the industry has been experiencing over the past few years. … Each year, for the last five years Energy Resources of Australia has seen an annual decline in revenue of -13.06%, on average.

Simply Wall St -

Future Outlook Of The Energy Industry And Energy Resources of Australia Ltd (ASX:ERA)

This rate is below the growth rate of the Australian stock market as a whole. … ASX:ERA Past Future Earnings Nov 22nd 17 Over the past couple of years, the energy sector delivered a disappointing 40% negative growth rate, driven by the oil price collapse. … ASX:ERA PE PEG Gauge Nov 22nd 17 The oil and gas industry is trading at a PE ratio of 11x, below the broader Australian stock market PE of 17x.

Simply Wall St -

Can Energy Resources of Australia Ltd (ASX:ERA) Improve Your Portfolio Returns?

Every stock in the market is exposed to this risk, which arises from macroeconomic factors such as economic growth and geo-political tussles just to name a few. … With a beta of 1.18, Energy Resources of Australia is a stock that tends to experience more gains than the market during a growth phase and also a bigger reduction in value compared to the market during a broad downturn. … Take into account your portfolio sensitivity to the market before you invest in the stock, as well as where we are in the current economic cycle.

Simply Wall St -

ERA Company Info

Description

Energy Resources of Australia Ltd engages in producing and selling uranium oxide. The company holds interests in threes assets, such as the Ranger Stockpiles, the Ranger 3 Deeps underground resource, and the Jabiluka Mineral Lease. It sells its products to power utilities in the United States, Europe, China, Japan, South Korea, and the United Arab Emirates. The company was founded in 1980 and is headquartered in Darwin, Australia. Energy Resources of Australia Ltd is a subsidiary of North Limited.

Details
Name: Energy Resources of Australia Ltd
ERA
Exchange: ASX
Founded: 1980
A$134,608,516
517,725,062
Website: http://www.energyres.com.au
Address: Energy Resources of Australia Ltd
Energy House,
Level 3,
Darwin,
Northern Territories, 0801,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX ERA Class A Shares Australian Securities Exchange AU AUD 08. Jun 1995
OTCPK EGRA.F Class A Shares Pink Sheets LLC US USD 08. Jun 1995
DB EJ7 Class A Shares Deutsche Boerse AG DE EUR 08. Jun 1995
CHIA ERA Class A Shares Chi-X Australia AU AUD 08. Jun 1995
Number of employees
Current staff
Staff numbers
355
Energy Resources of Australia employees.
Industry
Coal and Consumable Fuels
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/20 10:31
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/15
Last earnings filing: 2019/02/18
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.