Executive Summary
Ikwezi Mining Limited engages in the coal mining and development activities. More Details
Rewards
Risk Analysis
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
| IKW | Industry | Market | |
|---|---|---|---|
| 7 Day | 72.4% | 0.9% | 2.0% |
| 30 Day | 0% | 14.3% | 4.4% |
| 90 Day | 0% | 34.1% | 12.1% |
| 1 Year | 66.7%66.7% | -18.6%-21.6% | 3.0%-0.4% |
| 3 Year | 66.7%25.0% | -11.8%-21.2% | 27.3%11.6% |
| 5 Year | 233.3%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
3 weeks ago | Simply Wall St
Is Ikwezi Mining Limited's (ASX:IKW) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?1 month ago | Simply Wall St
Does Ikwezi Mining's (ASX:IKW) Statutory Profit Adequately Reflect Its Underlying Profit?2 months ago | Simply Wall St
Will the Promising Trends At Ikwezi Mining (ASX:IKW) Continue?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
- Examine whether Ikwezi Mining is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Ikwezi Mining competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 0.33yr | no data | no data | |
| Executive Director | 0.58yr | no data | no data | |
| Director | no data | no data | no data | |
| Independent Non-Executive Director | 0.58yr | no data | no data | |
| Independent Non-Executive Director | 0.67yr | no data | no 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| IKW | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Jul 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/22 07:09 |
| End of Day Share Price | 2021/01/21 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/06/30 |
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.