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New Age Exploration

ASX:NAE
Snowflake Description

Adequate balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NAE
ASX
A$5M
Market Cap
  1. Home
  2. AU
  3. Energy
Company description

New Age Exploration Limited engages in the exploration and development of mineral properties in the United Kingdom. The last earnings update was 37 days ago. More info.


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NAE Share Price and Events
7 Day Returns
0%
ASX:NAE
0.8%
AU Oil and Gas
-0%
AU Market
1 Year Returns
-33.3%
ASX:NAE
3.8%
AU Oil and Gas
4.9%
AU Market
NAE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
New Age Exploration (NAE) 0% -14.3% - -33.3% -33.3% -80%
AU Oil and Gas 0.8% -0.9% 5.6% 3.8% 30.5% -32%
AU Market -0% 1.4% 6.5% 4.9% 18.2% 4.8%
1 Year Return vs Industry and Market
  • NAE underperformed the Oil and Gas industry which returned 3.8% over the past year.
  • NAE underperformed the Market in Australia which returned 4.9% over the past year.
Price Volatility
NAE
Industry
5yr Volatility vs Market

Value

 Is New Age Exploration undervalued based on future cash flows and its price relative to the stock market?

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 undervalued.
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 A$0.006.
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 earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are New Age Exploration's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:NAE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.00
ASX:NAE Share Price ** ASX (2019-04-18) in AUD A$0.01
Australia Oil and Gas Industry PE Ratio Median Figure of 23 Publicly-Listed Oil and Gas Companies 7.92x
Australia Market PE Ratio Median Figure of 544 Publicly-Listed Companies 16.14x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of New Age Exploration.

ASX:NAE PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:NAE Share Price ÷ EPS (both in AUD)

= 0.01 ÷ 0.00

-4.42x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • New Age Exploration is loss making, we can't compare its value to the AU Oil and Gas industry average.
  • New Age Exploration is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does New Age Exploration's expected growth come at a high price?
Raw Data
ASX:NAE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -4.42x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
36.2%per year
Australia Oil and Gas Industry PEG Ratio Median Figure of 17 Publicly-Listed Oil and Gas Companies 0.24x
Australia Market PEG Ratio Median Figure of 360 Publicly-Listed Companies 1.35x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for New Age Exploration, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on New Age Exploration's assets?
Raw Data
ASX:NAE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.01
ASX:NAE Share Price * ASX (2019-04-18) in AUD A$0.01
Australia Oil and Gas Industry PB Ratio Median Figure of 145 Publicly-Listed Oil and Gas Companies 1.31x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.67x
ASX:NAE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:NAE Share Price ÷ Book Value per Share (both in AUD)

= 0.01 ÷ 0.01

0.41x

* Primary Listing of New Age Exploration.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • New Age Exploration is good value based on assets compared to the AU Oil and Gas industry average.
X
Value checks
We assess New Age Exploration's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. New Age Exploration has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is New Age Exploration expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover New Age Exploration, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
36.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is New Age Exploration expected to grow at an attractive rate?
  • New Age Exploration's earnings growth is expected to exceed the low risk savings rate of 2.3%.
Growth vs Market Checks
  • New Age Exploration's earnings growth is expected to exceed the Australia market average.
  • Unable to compare New Age Exploration's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:NAE Future Growth Rates Data Sources
Data Point Source Value (per year)
ASX:NAE Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 36.2%
Australia Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 4.2%
Australia Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.7%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.7%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:NAE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:NAE Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 -1 -1
2018-09-30 0 -1 0
2018-06-30 0 -1 1
2018-03-31 0 -1 2
2017-12-31 0 -2 2
2017-09-30 0 -1 2
2017-06-30 0 -1 1
2017-03-31 0 0 1
2016-12-31 0 0 1
2016-09-30 0 0 1
2016-06-30 0 -1 1
2016-03-31 0 -1 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • 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.
Raw Data
ASX:NAE Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from New Age Exploration Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:NAE Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.01
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 0.00
2016-09-30 0.00
2016-06-30 0.00
2016-03-31 0.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if New Age Exploration will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess New Age Exploration's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
New Age Exploration has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has New Age Exploration performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare New Age Exploration's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • New Age Exploration does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare New Age Exploration's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare New Age Exploration's 1-year growth to the AU Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
New Age Exploration's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from New Age Exploration Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:NAE Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 0.06 -0.74 1.03
2018-09-30 0.06 0.11 0.92
2018-06-30 0.06 0.96 0.82
2018-03-31 0.11 1.66 0.86
2017-12-31 0.16 2.35 0.90
2017-09-30 0.15 1.52 0.85
2017-06-30 0.14 0.69 0.80
2017-03-31 0.07 0.97 0.85
2016-12-31 0.01 1.25 0.89
2016-09-30 0.01 0.90 0.92
2016-06-30 0.01 0.55 0.96
2016-03-31 0.02 -1.41 0.95
2015-12-31 0.03 -3.38 0.94
2015-09-30 0.02 -3.22 1.14
2015-06-30 0.02 -3.07 1.33
2015-03-31 0.06 -3.33 1.51
2014-12-31 0.10 -3.59 1.69
2014-09-30 0.10 -3.70 1.79
2014-06-30 0.10 -3.81 1.89
2014-03-31 0.11 -3.95 1.33
2013-12-31 0.11 -4.08 0.77
2013-09-30 0.11 -4.90 1.68
2013-06-30 0.11 -5.71 2.59
2013-03-31 0.64 -4.36 3.45
2012-12-31 1.17 -3.01 4.31
2012-09-30 1.21 -2.23 3.47
2012-06-30 1.25 -1.45 2.63

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if New Age Exploration has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if New Age Exploration has efficiently used its assets last year compared to the AU Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if New Age Exploration improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess New Age Exploration's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is New Age Exploration's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

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.
Net Worth
  • 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.
Balance sheet
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 checks below.
Assets
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.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, 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.
Raw Data

All data from New Age Exploration Company Filings, last reported 3 months ago.

ASX:NAE Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 10.42 0.00 0.32
2018-09-30 10.42 0.00 0.32
2018-06-30 9.92 0.00 1.08
2018-03-31 9.92 0.00 1.08
2017-12-31 9.28 0.00 0.90
2017-09-30 9.28 0.00 0.90
2017-06-30 7.94 0.00 1.75
2017-03-31 7.94 0.00 1.75
2016-12-31 6.81 0.12 2.10
2016-09-30 6.81 0.12 2.10
2016-06-30 5.43 0.36 0.32
2016-03-31 5.43 0.36 0.32
2015-12-31 4.20 0.00 0.23
2015-09-30 4.20 0.00 0.23
2015-06-30 5.11 0.00 0.53
2015-03-31 5.11 0.00 0.53
2014-12-31 6.72 0.00 0.88
2014-09-30 6.72 0.00 0.88
2014-06-30 7.20 0.00 2.42
2014-03-31 7.20 0.00 2.42
2013-12-31 8.34 0.00 2.57
2013-09-30 8.34 0.00 2.57
2013-06-30 8.95 0.00 4.97
2013-03-31 8.95 0.00 4.97
2012-12-31 9.51 0.00 5.93
2012-09-30 9.51 0.00 5.93
2012-06-30 6.91 0.00 3.58
  • New Age Exploration has no debt.
  • New Age Exploration had no debt 5 years ago.
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.

  • Information is not available.
  • Unable to confirm if New Age Exploration has at least 1 year of cash runway based on growing free cash flows without relevant data.
X
Financial health checks
We assess New Age Exploration's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. New Age Exploration has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is New Age Exploration's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from New Age Exploration dividends.
If you bought A$2,000 of New Age Exploration shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate New Age Exploration's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate New Age Exploration's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:NAE Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Australia Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 4.6%
Australia Market Average Dividend Yield Market Cap Weighted Average of 417 Stocks 4.3%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.5%
Australia Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as New Age Exploration has not reported any payouts.
  • Unable to verify if New Age Exploration's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of New Age Exploration's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as New Age Exploration has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess New Age Exploration's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can New Age Exploration afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. New Age Exploration has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of New Age Exploration's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • New Age Exploration has no CEO, or we have no data on them.
Management Team Tenure

Average tenure and age of the New Age Exploration management team in years:

0.5
Average Tenure
44
Average Age
  • The average tenure for the New Age Exploration management team is less than 2 years, this suggests a new team.
Management Team

Adrien Wing

TITLE
Company Secretary
COMPENSATION
A$35K
AGE
44

Gary Fietz

TITLE
Consultant
COMPENSATION
A$295K
AGE
52
TENURE
0.5 yrs

Jon Reynolds

TITLE
Business Development Manager
TENURE
6.8 yrs

Josh Wellisch

TITLE
Executive Director
AGE
40
TENURE
0.4 yrs

Pauline Moffatt

TITLE
Joint Company Secretary
TENURE
0.3 yrs
Board of Directors Tenure

Average tenure of the New Age Exploration board of directors in years:

0.5
Average Tenure
  • The average tenure for the New Age Exploration board of directors is less than 3 years, this suggests a new board.
Board of Directors

Alan Broome

TITLE
Non-Executive Chairman
COMPENSATION
A$60K
AGE
68
TENURE
6.2 yrs

Josh Wellisch

TITLE
Executive Director
AGE
40
TENURE
0.5 yrs

Stephen Layton

TITLE
Non-Executive Director
TENURE
0.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
X
Management checks
We assess New Age Exploration's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. New Age Exploration has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

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)

Simply Wall St -

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.

Simply Wall St -

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.

Simply Wall St -

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.

Simply Wall St -

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

Simply Wall St -

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.

Simply Wall St -

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.

Simply Wall St -

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.

Simply Wall St -

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.

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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%.

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Company Info

Description

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.

Details
Name: New Age Exploration Limited
NAE
Exchange: ASX
Founded:
A$5,332,682
888,780,410
Website: http://www.nae.net.au
Address: New Age Exploration Limited
480 Collins Street,
Level 3,
Melbourne,
Victoria, 3000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX NAE Ordinary Shares Australian Securities Exchange AU AUD 25. Nov 2004
CHIA NAE Ordinary Shares Chi-X Australia AU AUD 25. Nov 2004
Number of employees
Current staff
Staff numbers
0
New Age Exploration employees.
Industry
Coal and Consumable Fuels
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/21 10:32
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2019/03/15
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.