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
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
New Age Exploration. This is due to cash flow or dividend data being
unavailable. The share price is
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
New Age Exploration's
is considered below, and whether this is a fair price.
Price based on past earnings
New Age Exploration's earnings available for a low price, and how does
this compare to other companies in the same industry?
New Age Exploration's earnings are expected to grow significantly at over 20% yearly.
Unable to determine if New Age Exploration 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.
New Age Exploration's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Oil and Gas
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
New Age Exploration
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.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
New Age Exploration's finances.
The net worth of a company is the difference between its assets and liabilities.
New Age Exploration is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
New Age Exploration has no long term commitments.
This treemap shows a more detailed breakdown of
New Age Exploration'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
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
New Age Exploration has no debt, it does not need to be covered by short term assets.
Nearly all companies have debt. Debt in itself isn’t
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.
Read This Before You Buy New Age Exploration Limited (ASX:NAE) Because Of Its P/E Ratio
This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). … New Age Exploration has a price to earnings ratio of 2.36, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)
Can We See Significant Insider Ownership On The New Age Exploration Limited (ASX:NAE) Share Register?
Generally speaking, as a company grows, institutions will increase their ownership. … So it's nice to see some insider ownership, because it may suggest that management is owner-oriented. … Our analysis of the ownership of the company, below, shows that.
What does New Age Exploration Limited's (ASX:NAE) Balance Sheet Tell Us About Its Future?
The direct benefit for New Age Exploration Limited (ASX:NAE), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … However, the trade-off is NAE will have to adhere to stricter debt covenants and have less financial flexibility. … Does NAE's growth rate justify its decision for financial flexibility over lower cost of capital.
New Age Exploration Limited (ASX:NAE): What Does Its Beta Value Mean For Your Portfolio?
Volatility is considered to be a measure of risk in modern finance theory. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … 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.
Does New Age Exploration Limited (ASX:NAE) Have A Good P/E Ratio?
This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). … New Age Exploration has a price to earnings ratio of 3.3, based on the last twelve months. … How Do I Calculate A Price To Earnings Ratio
What Kind Of Risk Should You Expect For New Age Exploration Limited (ASX:NAE)?
A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … New Age Exploration has a beta of 1.03, which means that the percentage change in its stock value will be higher than the entire market in times of booms and busts. … With a market cap of AU$3.16M, NAE falls within the small-cap spectrum of stocks, which are found to experience higher relative risk compared to larger companies.
Should You Expect New Age Exploration Limited (ASX:NAE) To Continue Delivering An ROE Of 25.38%?
View our latest analysis for New Age Exploration Breaking down ROE — the mother of all ratios Return on Equity (ROE) is a measure of New Age Exploration’s profit relative to its shareholders’ equity. … Return on Equity = Net Profit ÷ Shareholders Equity ROE is measured against cost of equity in order to determine the efficiency of New Age Exploration’s equity capital deployed. … This is called the Dupont Formula: Dupont Formula ROE = profit margin × asset turnover × financial leverage ROE = (annual net profit ÷ sales) × (sales ÷ assets) × (assets ÷ shareholders’ equity) ROE = annual net profit ÷ shareholders’ equity ASX:NAE Last Perf Apr 25th 18 Essentially, profit margin shows how much money the company makes after paying for all its expenses.
Who Are New Age Exploration Limited's (ASX:NAE) Major Shareholders?
In this article, I'm going to take a look at New Age Exploration Limited’s (ASX:NAE) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … Check out our latest analysis for New Age Exploration ASX:NAE Ownership_summary Apr 10th 18 Insider Ownership Insiders form another group of important ownership types as they manage the company's operations and decide the best use of capital. … Private Company Ownership Another important group of owners for potential investors in NAE are private companies that hold a stake of 7.33% in NAE.
Should You Be Tempted To Buy New Age Exploration Limited (ASX:NAE) At Its Current PE Ratio?
Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for NAE Price per share = A$0.01 Earnings per share = A$0.005 ∴ Price-Earnings Ratio = A$0.01 ÷ A$0.005 = 1.5x The P/E ratio isn’t a metric you view in isolation and only becomes useful when you compare it against other similar companies. … At 1.5x, NAE’s P/E is lower than its industry peers (9.1x). … If this assumption does not hold true, NAE’s lower P/E ratio may be because firms in our peer group are being overvalued by the market.
Was New Age Exploration Limited's (ASX:NAE) Earnings Growth Better Than The Industry's?
Check out our latest analysis for New Age Exploration Did NAE beat its long-term earnings growth trend and its industry? … I like to use data from the most recent 12 months, which either annualizes the most recent 6-month earnings update, or in some cases, the most recent annual report is already the latest available financial data. … For New Age Exploration, its latest earnings (trailing twelve month) is AU$689.62K, which, relative to last year’s level, has increased by 25.82%.
New Age Exploration Limited engages in the exploration and development of mineral properties in the United Kingdom. It explores for tungsten, tin, coal, and gold deposits. The company holds a 50% interest in the Redmoor project covering 23 square kilometers in the Cornish tin-tungsten-copper mining district; and a 100% interest in the Lochinvar coking coal project located on the Scottish/English border. New Age Exploration Limited is based in Melbourne, Australia.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.