ASX:IKW

Stock Analysis Report

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Executive Summary

Ikwezi Mining Limited engages in the coal mining and development activities. More Details


Snowflake Analysis

Flawless balance sheet with proven track record.

Share Price & News

How has Ikwezi Mining's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: IKW is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 54% a week.

Volatility Over Time: Insufficient data to determine IKW's volatility change over the past year.


Market Performance


7 Day Return

72.4%

IKW

0.9%

AU Oil and Gas

2.0%

AU Market


1 Year Return

66.7%

IKW

-21.6%

AU Oil and Gas

-0.4%

AU Market

Return vs Industry: IKW exceeded the Australian Oil and Gas industry which returned -21.6% over the past year.

Return vs Market: IKW exceeded the Australian Market which returned -0.4% over the past year.


Shareholder returns

IKWIndustryMarket
7 Day72.4%0.9%2.0%
30 Day0%14.3%4.4%
90 Day0%34.1%12.1%
1 Year66.7%66.7%-18.6%-21.6%3.0%-0.4%
3 Year66.7%25.0%-11.8%-21.2%27.3%11.6%
5 Year233.3%150.0%37.8%17.3%70.2%35.9%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Ikwezi Mining undervalued compared to its fair value and its price relative to the market?

10.38x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: IKW is good value based on its PE Ratio (10.4x) compared to the AU Oil and Gas industry average (18.6x).

PE vs Market: IKW is good value based on its PE Ratio (10.4x) compared to the Australian market (23.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate IKW's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: IKW is good value based on its PB Ratio (0.9x) compared to the AU Oil and Gas industry average (1.7x).


Next Steps

Future Growth

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

41.3%

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 Ikwezi Mining 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 Ikwezi Mining performed over the past 5 years?

87.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: IKW has high quality earnings.

Growing Profit Margin: IKW's current net profit margins (8.5%) are lower than last year (15.8%).


Past Earnings Growth Analysis

Earnings Trend: IKW has become profitable over the past 5 years, growing earnings by 87.3% per year.

Accelerating Growth: IKW's earnings growth over the past year (147.3%) exceeds its 5-year average (87.3% per year).

Earnings vs Industry: IKW earnings growth over the past year (147.3%) exceeded the Oil and Gas industry -44.9%.


Return on Equity

High ROE: IKW's Return on Equity (13%) is considered low.


Next Steps

Financial Health

How is Ikwezi Mining's financial position?


Financial Position Analysis

Short Term Liabilities: IKW's short term assets (A$7.9M) exceed its short term liabilities (A$1.8M).

Long Term Liabilities: IKW's short term assets (A$7.9M) exceed its long term liabilities (A$762.8K).


Debt to Equity History and Analysis

Debt Level: IKW is debt free.

Reducing Debt: IKW had no debt 5 years ago.

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

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


Balance Sheet


Next Steps

Dividend

What is Ikwezi Mining current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if IKW'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 IKW'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?

0.6yrs

Average board tenure


CEO

Ikwezi Mining has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Nitin Agrawal
Executive Chairman0.33yrno datano data
Sanjay Goel
Executive Director0.58yrno datano data
Zaheer Surka
Directorno datano datano data
Blair Sergeant
Independent Non-Executive Director0.58yrno datano data
Harjinder Kapila
Independent Non-Executive Director0.67yrno datano data

0.6yrs

Average Tenure

Experienced Board: IKW's board of directors are not considered experienced ( 0.6 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.


Ownership Breakdown

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


Top Shareholders

Company Information

Ikwezi Mining Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ikwezi Mining Limited
  • Ticker: IKW
  • Exchange: ASX
  • Founded: 2011
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Market Cap: AU$20.325m
  • Shares outstanding: 40.65m
  • Website: https://www.ikwezimining.com

Location

  • Ikwezi Mining Limited
  • Building 5
  • Thornhill Office Park
  • Johannesburg
  • Gauteng
  • South Africa

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
IKWASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJul 2011

Biography

Ikwezi Mining Limited engages in the coal mining and development activities. It operates the Kliprand Colliery and Emoyeni coal bene?ciation plants located in the Dannhauser, Kwa-zulu Natal province of Sou...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/22 07:09
End of Day Share Price2021/01/21 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.