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ERA

Energy Resources of AustraliaASX:ERA Stock Report

Market Cap

AU$1.6b

7D

-1.2%

1Y

165.6%

Updated

22 Oct, 2021

Data

Company Financials
ERA fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

ERA Overview

Energy Resources of Australia Ltd operates as a uranium producer.

Risk Analysis

Volatile share price over the past 3 months


Energy Resources of Australia Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Energy Resources of Australia
Historical stock prices
Current Share PriceAU$0.42
52 Week HighAU$0.15
52 Week LowAU$0.58
Beta1.34
1 Month Change3.66%
3 Month Change63.46%
1 Year Change165.63%
3 Year Change25.00%
5 Year Change25.00%
Change since IPO-74.55%

Recent News & Updates

May 18
Energy Resources of Australia's (ASX:ERA) Returns On Capital Are Heading Higher

Energy Resources of Australia's (ASX:ERA) Returns On Capital Are Heading Higher

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...

Mar 16
Do Its Financials Have Any Role To Play In Driving Energy Resources of Australia Ltd's (ASX:ERA) Stock Up Recently?

Do Its Financials Have Any Role To Play In Driving Energy Resources of Australia Ltd's (ASX:ERA) Stock Up Recently?

Energy Resources of Australia's (ASX:ERA) stock is up by a considerable 21% over the past week. As most would know...

Shareholder Returns

ERAAU Oil and GasAU Market
7D-1.2%-2.2%0.7%
1Y165.6%44.0%21.4%

Return vs Industry: ERA exceeded the Australian Oil and Gas industry which returned 44% over the past year.

Return vs Market: ERA exceeded the Australian Market which returned 21.4% over the past year.

Price Volatility

Is ERA's price volatile compared to industry and market?
ERA volatility
ERA Beta1.34
Industry Beta1.29
Market Beta1

Stable Share Price: ERA is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: ERA's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
1980317Brad Welshhttps://www.energyres.com.au

Energy Resources of Australia Ltd operates as a uranium producer. It holds a 100% interest in the Jabiluka mineral lease. The company was founded in 1980 and is headquartered in Darwin, Australia.

Energy Resources of Australia Fundamentals Summary

How do Energy Resources of Australia's earnings and revenue compare to its market cap?
ERA fundamental statistics
Market CapAU$1.55b
Earnings (TTM)-AU$34.02m
Revenue (TTM)AU$138.63m

11.3x

P/S Ratio

-46.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ERA income statement (TTM)
RevenueAU$138.63m
Cost of RevenueAU$70.90m
Gross ProfitAU$67.73m
ExpensesAU$101.75m
Earnings-AU$34.02m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0092
Gross Margin48.86%
Net Profit Margin-24.54%
Debt/Equity Ratio0%

How did ERA perform over the long term?

See historical performance and comparison

Valuation

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

7.74x

Price to Book (PB) 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 unprofitable, so we can't compare its PE Ratio to the Australian Oil and Gas industry average.

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


Price to Book Ratio

PB vs Industry: ERA is overvalued based on its PB Ratio (7.7x) compared to the AU Oil and Gas industry average (2.5x).


Future Growth

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

7.2%

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 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 SimplyWall St do have past financial data.


Past Performance

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

29.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ERA is currently unprofitable.

Growing Profit Margin: ERA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ERA is unprofitable, but has reduced losses over the past 5 years at a rate of 29.2% per year.

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

Earnings vs Industry: ERA is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-50.5%).


Return on Equity

High ROE: ERA has a negative Return on Equity (-16.78%), as it is currently unprofitable.


Financial Health

How is Energy Resources of Australia's financial position?


Financial Position Analysis

Short Term Liabilities: ERA's short term assets (A$438.4M) exceed its short term liabilities (A$222.7M).

Long Term Liabilities: ERA's short term assets (A$438.4M) do not cover its long term liabilities (A$519.9M).


Debt to Equity History and Analysis

Debt Level: ERA is debt free.

Reducing Debt: ERA has not had any debt for past 5 years.


Balance Sheet


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: ERA has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: ERA has sufficient cash runway for 2.7 years if free cash flow continues to reduce at historical rates of 48% each year.


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?

6.0yrs

Average board tenure


CEO

Brad Welsh

no data

Tenure

Mr. Brad Welsh serves as Acting Chief Executive Officer of Energy Resources of Australia Ltd since October 04, 2021. He was most recently the Chief Advisor Closure Strategy Non-Managed Assets with Rio Tint...


Board Members

Experienced Board: ERA's board of directors are considered experienced (6 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Energy Resources of Australia Ltd's 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$1.550b
  • 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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 07:04
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.