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NAE

New Age ExplorationASX:NAE Stock Report

Market Cap

AU$15.8m

7D

0%

1Y

-31.3%

Updated

21 Oct, 2021

Data

Company Financials
NAE fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

NAE Overview

New Age Exploration Limited operates as a minerals and metals exploration and development company focuses on gold projects in the United Kingdom, Australia, and New Zealand.

Price History & Performance

Summary of all time highs, changes and price drops for New Age Exploration
Historical stock prices
Current Share PriceAU$0.011
52 Week HighAU$0.01
52 Week LowAU$0.027
Beta2.03
1 Month Change-8.33%
3 Month Change-15.38%
1 Year Change-31.25%
3 Year Change57.14%
5 Year Change-52.17%
Change since IPO-99.78%

Recent News & Updates

Shareholder Returns

NAEAU Oil and GasAU Market
7D0%-2.2%0.7%
1Y-31.3%44.0%21.4%

Return vs Industry: NAE underperformed the Australian Oil and Gas industry which returned 48.3% over the past year.

Return vs Market: NAE underperformed the Australian Market which returned 21.1% over the past year.

Price Volatility

Is NAE's price volatile compared to industry and market?
NAE volatility
NAE Beta2.03
Industry Beta1.29
Market Beta1

Stable Share Price: NAE is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 16% a week.

Volatility Over Time: NAE's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
n/an/an/ahttps://www.nae.net.au

New Age Exploration Limited operates as a minerals and metals exploration and development company focuses on gold projects in the United Kingdom, Australia, and New Zealand. The company focuses on advancing gold exploration projects in the Pilbara Gold district, Western Australia, as well as the South Island of New Zealand. It also owns 100% interest in the Lochinvar coking coal project located on the Scottish and English borders.

New Age Exploration Fundamentals Summary

How do New Age Exploration's earnings and revenue compare to its market cap?
NAE fundamental statistics
Market CapAU$15.79m
Earnings (TTM)-AU$5.52m
Revenue (TTM)n/a

0x

P/S Ratio

-2.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NAE income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$5.52m
Earnings-AU$5.52m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0038
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did NAE perform over the long term?

See historical performance and comparison

Valuation

Is New Age Exploration undervalued compared to its fair value and its price relative to the market?

2.23x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: NAE is unprofitable, so we can't compare its PE Ratio to the Australian Oil and Gas industry average.

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


Price to Book Ratio

PB vs Industry: NAE is good value based on its PB Ratio (2.2x) compared to the AU Oil and Gas industry average (2.5x).


Future Growth

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

-71.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NAE is currently unprofitable.

Growing Profit Margin: NAE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: NAE is unprofitable, and losses have increased over the past 5 years at a rate of 71.6% per year.

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

Earnings vs Industry: NAE 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: NAE has a negative Return on Equity (-78.01%), as it is currently unprofitable.


Financial Health

How is New Age Exploration's financial position?


Financial Position Analysis

Short Term Liabilities: NAE's short term assets (A$6.5M) exceed its short term liabilities (A$285.5K).

Long Term Liabilities: NAE has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: NAE is debt free.

Reducing Debt: NAE has no debt compared to 5 years ago when its debt to equity ratio was 6.6%.


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

Forecast Cash Runway: NAE has sufficient cash runway for 2.3 years if free cash flow continues to reduce at historical rates of 4.5% each year.


Dividend

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


Dividend Yield vs Market

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

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

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

3.0yrs

Average board tenure


CEO

New Age Exploration has no CEO, or we have no data on them.


Board Members

Experienced Board: NAE's board of directors are considered experienced (3 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 been diluted in the past year, with total shares outstanding growing by 29.3%.


Top Shareholders

Company Information

New Age Exploration Limited's employee growth, exchange listings and data sources


Key Information

  • Name: New Age Exploration Limited
  • Ticker: NAE
  • Exchange: ASX
  • Founded: NaN
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Market Cap: AU$15.795m
  • Shares outstanding: 1.44b
  • Website: https://www.nae.net.au

Location

  • New Age Exploration Limited
  • 480 Collins Street
  • Level 2
  • Melbourne
  • Victoria
  • 3000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 18:12
End of Day Share Price2021/10/21 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.