ASX:NAE

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New Age Exploration

Executive Summary

New Age Exploration Limited engages in the exploration and development of mineral properties in the United Kingdom.


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

How has New Age Exploration's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: NAE's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

14.3%

NAE

4.1%

AU Oil and Gas

3.6%

AU Market


1 Year Return

60.0%

NAE

-32.7%

AU Oil and Gas

-10.3%

AU Market

Return vs Industry: NAE exceeded the Australian Oil and Gas industry which returned -32.7% over the past year.

Return vs Market: NAE exceeded the Australian Market which returned -10.3% over the past year.


Shareholder returns

NAEIndustryMarket
7 Day14.3%4.1%3.6%
30 Day60.0%-6.3%0.2%
90 Day300.0%10.5%16.4%
1 Year60.0%60.0%-29.8%-32.7%-6.6%-10.3%
3 Year-11.1%-11.1%-17.6%-27.9%18.2%2.5%
5 Year60.0%60.0%-20.6%-35.0%35.7%6.4%

Price Volatility Vs. Market

How volatile is New Age Exploration's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

0.68x

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 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 (0.7x) compared to the AU Oil and Gas industry average (1.1x).


Next Steps

Future Growth

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

13.7%

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.


Next Steps

Past Performance

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

37.7%

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, but has reduced losses over the past 5 years at a rate of 37.7% 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 (-15.6%).


Return on Equity

High ROE: NAE has a negative Return on Equity (-8.11%), as it is currently unprofitable.


Next Steps

Financial Health

How is New Age Exploration's financial position?


Financial Position Analysis

Short Term Liabilities: NAE's short term assets (A$3.2M) exceed its short term liabilities (A$67.2K).

Long Term Liabilities: NAE has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: NAE is debt free.

Reducing Debt: NAE had no debt 5 years ago.


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 less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: NAE has less than a year of cash runway if free cash flow continues to grow at historical rates of 31.3% each year.


Next Steps

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?

1.7yrs

Average management tenure


CEO

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


Leadership Team

NamePositionTenureCompensationOwnership
Joshua Wellisch
Executive Director1.75yrsAU$156.78k2.56% A$182.2k
Adrien Wing
Joint Company Secretaryno dataAU$80.34k11.79% A$838.1k
Jon Reynolds
Business Development Manager8yrsno datano data
Pauline Moffatt
Joint Company Secretary1.5yrsno datano data

1.7yrs

Average Tenure

Experienced Management: NAE's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Joshua Wellisch
Executive Director1.75yrsAU$156.78k2.56% A$182.2k
Stephen Layton
Non-Executive Director1.75yrsAU$34.00kno data
Alan Broome
Non-Executive Chairman 7.42yrsAU$68.00k0.053% A$3.8k

1.8yrs

Average Tenure

Experienced Board: NAE's board of directors are not considered experienced ( 1.8 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: NAE insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

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


Key Information

  • Name: New Age Exploration Limited
  • Ticker: NAE
  • Exchange: ASX
  • Founded:
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Market Cap: AU$7.110m
  • Shares outstanding: 888.78m
  • Website: https://www.nae.net.au

Location

  • New Age Exploration Limited
  • 500 Collins Street
  • Level 17
  • Melbourne
  • Victoria
  • 3000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NAEASX (Australian Securities Exchange)YesOrdinary SharesAUAUDNov 2004
NAECHIA (Chi-X Australia)YesOrdinary SharesAUAUDNov 2004

Biography

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 25km in the Cornwall tin-tungsten-copper mineralised 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. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/07 10:36
End of Day Share Price2020/07/07 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


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.