ASX:ERA

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Energy Resources of Australia

Executive Summary

Energy Resources of Australia Ltd engages in mining, processing, and selling uranium oxide.


Snowflake Analysis

Mediocre balance sheet with acceptable track record.


Similar Companies

Share Price & News

How has Energy Resources of Australia's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ERA has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

ERA

-0.5%

AU Oil and Gas

-1.2%

AU Market


1 Year Return

-30.4%

ERA

-33.8%

AU Oil and Gas

-11.2%

AU Market

Return vs Industry: ERA exceeded the Australian Oil and Gas industry which returned -33.8% over the past year.

Return vs Market: ERA underperformed the Australian Market which returned -11.2% over the past year.


Shareholder returns

ERAIndustryMarket
7 Day0%-0.5%-1.2%
30 Day0%-1.5%1.7%
90 Day3.2%7.7%10.5%
1 Year-4.2%-30.4%-30.9%-33.8%-7.5%-11.2%
3 Year-62.0%-72.4%-21.6%-31.5%16.9%1.5%
5 Year-38.8%-55.6%-24.7%-38.1%28.6%0.8%

Price Volatility Vs. Market

How volatile is Energy Resources of Australia's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Energy Resources of Australia undervalued compared to its fair value and its price relative to the market?

13.25x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: ERA is poor value based on its PE Ratio (13.3x) compared to the AU Oil and Gas industry average (10x).

PE vs Market: ERA is good value based on its PE Ratio (13.3x) compared to the Australian market (15.5x).


Price to Earnings Growth Ratio

PEG Ratio: ERA's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: ERA has negative assets, so we can't compare its PB Ratio to the AU Oil and Gas industry average.


Next Steps

Future Growth

How is Energy Resources of Australia forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-20.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ERA's earnings are forecast to decline over the next 3 years (-20.8% per year).

Earnings vs Market: ERA's earnings are forecast to decline over the next 3 years (-20.8% per year).

High Growth Earnings: ERA's earnings are forecast to decline over the next 3 years.

Revenue vs Market: ERA's revenue is expected to decline over the next 3 years (-78.6% per year).

High Growth Revenue: ERA's revenue is forecast to decline over the next 3 years (-78.6% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if ERA's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

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

6.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ERA has high quality earnings.

Growing Profit Margin: ERA became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: ERA has become profitable over the past 5 years, growing earnings by 6.9% per year.

Accelerating Growth: ERA has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ERA has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-15.6%).


Return on Equity

High ROE: ERA's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Energy Resources of Australia's financial position?


Financial Position Analysis

Short Term Liabilities: ERA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: ERA has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: ERA is debt free.

Reducing Debt: ERA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: ERA has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: ERA has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if ERA's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: ERA is not paying a notable dividend for the Australian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ERA'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?

3.1yrs

Average management tenure


CEO

Paul Arnold

2.92yrs

Tenure

AU$910,000

Compensation

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 resou ...


CEO Compensation Analysis

Compensation vs Market: Paul's total compensation ($USD633.70K) is about average for companies of similar size in the Australian market ($USD770.67K).

Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Paul Arnold
CEO, MD & Director2.92yrsAU$910.00kno data
David Blanch
Chief Financial Officer2yrsAU$538.00kno data
Lesley Bryce
General Manager of Operations3.08yrsAU$662.00kno data
Alan Tietzel
Chief Advisor of Agreements7.83yrsAU$776.00kno data
Rachel Storrs
Investor Relations Officerno datano datano data
James O'Connell
Company Secretary & Legal Counsel3.08yrsno datano data

3.1yrs

Average Tenure

Experienced Management: ERA's management team is considered experienced (3.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Paul Arnold
CEO, MD & Director2.92yrsAU$910.00kno data
Paul Dowd
Independent Non-Executive Director4.75yrsAU$161.00kno data
Peter Mansell
Independent Non-Executive Chairman of the Board4.75yrsAU$249.00kno data
Shane Charles
Independent Non-Executive Director4.75yrsAU$165.00kno data
Justin Carey
Non-Executive Director0.92yrAU$40.00kno data
Marcia Hanrahan
Non Executive Director0.17yrno datano data
Jacques Van Tonder
Director0.17yrno data0.000040% A$236.2

2.9yrs

Average Tenure

Experienced Board: ERA's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.


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 been substantially diluted in the past year, with total shares outstanding growing by 613%.


Top Shareholders

Company Information

Energy Resources of Australia Ltd's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Energy Resources of Australia Ltd
  • Ticker: ERA
  • Exchange: ASX
  • Founded: 1980
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Market Cap: AU$590.621m
  • Shares outstanding: 3.69b
  • Website: https://www.energyres.com.au

Number of Employees


Location

  • Energy Resources of Australia Ltd
  • Energy House
  • Level 3
  • Darwin
  • Northern Territories
  • 801
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EGRA.FOTCPK (Pink Sheets LLC)YesClass A SharesUSUSDJun 1995
EJ7DB (Deutsche Boerse AG)YesClass A SharesDEEURJun 1995
ERAASX (Australian Securities Exchange)YesClass A SharesAUAUDJun 1995
ERACHIA (Chi-X Australia)YesClass A SharesAUAUDJun 1995
EGRA.YOTCPK (Pink Sheets LLC)ADR RPSTG ASHSUSUSDMar 2009

Biography

Energy Resources of Australia Ltd engages in mining, processing, and selling uranium oxide. The company holds interests in three assets, including 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. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/15 10:34
End of Day Share Price2020/07/15 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.