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Rey Resources

ASX:REY
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
REY
ASX
A$59M
Market Cap
  1. Home
  2. AU
  3. Energy
Company description

Rey Resources Limited engages in exploring for and developing energy resources in Australia. The last earnings update was 37 days ago. More info.


Add to Portfolio Compare Print
  • Rey Resources has significant price volatility in the past 3 months.
REY Share Price and Events
7 Day Returns
12%
ASX:REY
1.4%
AU Oil and Gas
0.7%
AU Market
1 Year Returns
24.4%
ASX:REY
3.8%
AU Oil and Gas
4.7%
AU Market
REY Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Rey Resources (REY) 12% 211.1% - 24.4% 55.6% -39.1%
AU Oil and Gas 1.4% -1.6% 5.5% 3.8% 28.7% -32.5%
AU Market 0.7% 1.1% 6.5% 4.7% 17.5% 4.9%
1 Year Return vs Industry and Market
  • REY outperformed the Oil and Gas industry which returned 3.8% over the past year.
  • REY outperformed the Market in Australia which returned 4.7% over the past year.
Price Volatility
REY
Industry
5yr Volatility vs Market

Value

 Is Rey Resources 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 Rey Resources. This is due to cash flow or dividend data being unavailable. The share price is A$0.28.
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 Rey Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Rey Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:REY PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$-0.04
ASX:REY Share Price ** ASX (2019-04-18) in AUD A$0.28
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 545 Publicly-Listed Companies 16.18x

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

** Primary Listing of Rey Resources.

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

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

= 0.28 ÷ -0.04

-6.67x

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

  • Rey Resources is loss making, we can't compare its value to the AU Oil and Gas industry average.
  • Rey Resources is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Rey Resources's expected growth come at a high price?
Raw Data
ASX:REY PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -6.67x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
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 361 Publicly-Listed Companies 1.38x

*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 Rey Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Rey Resources's assets?
Raw Data
ASX:REY PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.13
ASX:REY Share Price * ASX (2019-04-18) in AUD A$0.28
Australia Oil and Gas Industry PB Ratio Median Figure of 144 Publicly-Listed Oil and Gas Companies 1.31x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.68x
ASX:REY PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.28 ÷ 0.13

2.11x

* Primary Listing of Rey Resources.

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

  • Rey Resources is overvalued based on assets compared to the AU Oil and Gas industry average.
X
Value checks
We assess Rey Resources'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. Rey Resources has a total score of 0/6, 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 Rey Resources expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Rey Resources 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
4.2%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Rey Resources expected to grow at an attractive rate?
  • Unable to compare Rey Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Rey Resources's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Rey Resources's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:REY Future Growth Rates Data Sources
Data Point Source Value (per year)
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 6.6%
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:REY 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:REY Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 -1 -9
2018-09-30 -1 -5
2018-06-30 -1 -1
2018-03-31 -1 -1
2017-12-31 -1 -1
2017-09-30 -1 -1
2017-06-30 -1 -1
2017-03-31 -1 -1
2016-12-31 -1 -1
2016-09-30 -1 -3
2016-06-30 -1 -4
2016-03-31 0 -2 -6

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Rey Resources is high growth as no earnings estimate data is available.
  • Unable to determine if Rey Resources 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:REY 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 Rey Resources Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:REY Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 -0.04
2018-09-30 -0.02
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 -0.01
2016-09-30 -0.01
2016-06-30 -0.02
2016-03-31 -0.04

*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 Rey Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of REY’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Rey Resources's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. Rey Resources's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
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Future performance checks
We assess Rey Resources'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.
Rey Resources has a total score of 0/6, 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 Rey Resources 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 Rey Resources'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.
  • Rey Resources does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Rey Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Rey Resources's 1-year growth to the AU Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Rey Resources'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 Rey Resources Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:REY 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 -8.91 1.01
2018-09-30 -4.98 0.93
2018-06-30 -1.05 0.84
2018-03-31 -0.86 0.78
2017-12-31 -0.67 0.72
2017-09-30 -0.61 0.71
2017-06-30 -0.56 0.70
2017-03-31 -0.80 0.80
2016-12-31 -1.05 0.90
2016-09-30 -2.52 1.18
2016-06-30 -4.00 1.45
2016-03-31 0.01 -6.06 1.67
2015-12-31 0.01 -8.12 1.88
2015-09-30 0.01 -9.16 2.01
2015-06-30 0.01 -10.20 2.15
2015-03-31 0.01 -8.33 1.99
2014-12-31 0.01 -6.47 1.84
2014-09-30 0.01 -4.89 1.93
2014-06-30 0.01 -3.30 2.02
2014-03-31 0.01 -5.40 2.46
2013-12-31 0.01 -7.51 2.89
2013-09-30 0.01 -7.59 3.10
2013-06-30 0.01 -7.68 3.31
2013-03-31 0.40 -7.74 3.77
2012-12-31 0.80 -7.80 4.22
2012-09-30 0.80 -8.36 4.41
2012-06-30 0.80 -8.92 4.61

*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 Rey Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Rey Resources 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 Rey Resources 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 Rey Resources'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.
Rey Resources 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 Rey Resources'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 Rey Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Rey Resources's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Rey Resources's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Rey Resources'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.
  • Debt is not covered by short term assets, assets are 0x debt.
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 Rey Resources Company Filings, last reported 3 months ago.

ASX:REY Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 28.19 3.53 0.01
2018-09-30 28.19 3.53 0.01
2018-06-30 36.46 2.60 0.04
2018-03-31 36.46 2.60 0.04
2017-12-31 37.12 1.55 0.02
2017-09-30 37.12 1.55 0.02
2017-06-30 37.53 0.50 0.59
2017-03-31 37.53 0.50 0.59
2016-12-31 37.79 0.00 0.80
2016-09-30 37.79 0.00 0.80
2016-06-30 37.09 0.00 1.16
2016-03-31 37.09 0.00 1.16
2015-12-31 33.13 1.67 0.06
2015-09-30 33.13 1.67 0.06
2015-06-30 36.44 0.00 1.65
2015-03-31 36.44 0.00 1.65
2014-12-31 37.43 0.00 0.93
2014-09-30 37.43 0.00 0.93
2014-06-30 40.76 0.00 3.00
2014-03-31 40.76 0.00 3.00
2013-12-31 41.42 0.03 4.58
2013-09-30 41.42 0.03 4.58
2013-06-30 39.19 0.04 3.28
2013-03-31 39.19 0.04 3.28
2012-12-31 41.63 0.00 8.98
2012-09-30 41.63 0.00 8.98
2012-06-30 33.61 0.00 3.79
  • Rey Resources's level of debt (12.5%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0.1% vs 12.5% today).
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.

  • Rey Resources has less than a year of cash runway based on current free cash flow.
  • Rey Resources has less than a year of cash runway if free cash flow continues to reduce at historical rates of -42.2% each year.
X
Financial health checks
We assess Rey Resources'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. Rey Resources has a total score of 1/6, 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 Rey Resources'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 Rey Resources dividends.
If you bought A$2,000 of Rey Resources 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 Rey Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Rey Resources'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:REY 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 Rey Resources has not reported any payouts.
  • Unable to verify if Rey Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Rey Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Rey Resources 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 Rey Resources'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 Rey Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Rey Resources 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 Rey Resources'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.
CEO
Jin Wei
COMPENSATION A$131,400
TENURE AS CEO 2.8 years
CEO Bio

Mr. Wei Jin has been the Managing Director of Rey Resources Limited since July 1, 2016 and its Director since December 2, 2013. Mr. Wei serves as a Nominee Director of Crystal Yield Investments Limited. He has over 20 years' professional experience covering exploration, mineral industry construction and operation, as well as mineral resources products international trading activities in Australia, China, Russia and Mongolia. He holds PhD in Science in China University of Geosciences.

CEO Compensation
  • Jin's compensation has increased whilst company is loss making.
  • Jin's remuneration is lower than average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the Rey Resources management team in years:

2.8
Average Tenure
  • The tenure for the Rey Resources management team is about average.
Management Team

Jin Wei

TITLE
MD & Director
COMPENSATION
A$131K
TENURE
2.8 yrs

Stanley Fu

TITLE
Operations Manager
TENURE
1.7 yrs

Shannon Coates

TITLE
Company Secretary
TENURE
7.3 yrs

Grant Quinn

TITLE
Consultant

Wal Muir

TITLE
Consultant
Board of Directors Tenure

Average tenure and age of the Rey Resources board of directors in years:

5.8
Average Tenure
62
Average Age
  • The tenure for the Rey Resources board of directors is about average.
Board of Directors

Mary Yang

TITLE
Non-Executive Chairman
AGE
62
TENURE
6.6 yrs

Mary Yang

TITLE
Non-Executive Chairman
COMPENSATION
A$48K
AGE
62
TENURE
6.6 yrs

Jin Wei

TITLE
MD & Director
COMPENSATION
A$131K
TENURE
5.3 yrs

Dachun Zhang

TITLE
Independent Non-Executive Director
COMPENSATION
A$25K
AGE
73
TENURE
5.8 yrs

Geoff Baker

TITLE
Non-Executive Director
COMPENSATION
A$60K
AGE
62
TENURE
6.6 yrs

Zhiliang Ou

TITLE
Independent Non-Executive Director
COMPENSATION
A$54K
AGE
49
TENURE
2.6 yrs

Louis Chien

TITLE
Alternate Non-Executive Director
TENURE
3.3 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 Rey Resources'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. Rey Resources 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

What You Must Know About Rey Resources Limited's (ASX:REY) Beta Value

If you're interested in Rey Resources Limited (ASX:REY), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … A stock with a beta greater than one is more sensitive to broader market movements than a stock with a beta of less than one.

Simply Wall St -

Do You Know Who Else Invests In Rey Resources Limited (ASX:REY)?

A look at the shareholders of Rey Resources Limited (ASX:REY) can tell us which group is most powerful. … Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. … Rey Resources is a smaller company with a market capitalization of AU$61.6m, so it may still be flying under the radar of many institutional investors.

Simply Wall St -

What Investors Should Know About Rey Resources Limited's (ASX:REY) Financial Strength

Rey Resources Limited (ASX:REY) is a small-cap stock with a market capitalization of AU$63.72m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Oil and Gas companies,

Simply Wall St -

How Should You Think About Rey Resources Limited's (ASX:REY) Risks?

See our latest analysis for Rey Resources An interpretation of REY's beta With a beta of 1.41, Rey Resources is a stock that tends to experience more gains than the market during a growth phase and also a bigger reduction in value compared to the market during a broad downturn. … REY, with its market capitalisation of AU$46.75M, is a small-cap stock, which generally have higher beta than similar companies of larger size. … How REY's assets could affect its beta An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive.

Simply Wall St -

Is Rey Resources Limited's (ASX:REY) Balance Sheet A Threat To Its Future?

How does REY’s operating cash flow stack up against its debt? … Looking at REY’s most recent AU$614.00K liabilities, it seems that the business has been able to meet these obligations given the level of current assets of AU$626.00K, with a current ratio of 1.02x. … REY's risk around capital structure is almost non-existent, and the company has the headroom and ability to raise debt should it need to in the future.Next Steps: Although REY’s debt level is relatively low, its cash flow levels still could not copiously cover its borrowings.

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Are Earnings Prospects Improving For Loss-Making Rey Resources Limited's (ASX:REY)?

After looking at Rey Resources Limited's (ASX:REY) latest earnings announcement (31 December 2017), I found it useful to revisit the company's performance in the past couple of years and assess this against the most recent figures. … For Rey Resources, its most recent earnings (trailing twelve month) is -AU$665.00K, which, against last year’s level, has become less negative. … ASX:REY Income Statement Mar 30th 18 We can further evaluate Rey Resources's loss by looking at what the industry has been experiencing over the past few years.

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ASX Energy Industry: A Deep Dive Into Rey Resources Limited (ASX:REY)

In this article, I’ll take you through the energy sector growth expectations, and also determine whether Rey Resources is a laggard or leader relative to its energy sector peers. … Only now has the sector begun to emerge from its turmoil, and in the previous year, the industry saw growth of over 100%, beating the Australian market growth of 6.90%. … Although it delivered lower growth relative to its energy peers in the near term, the market may be pessimistic on the stock, leading to a potential undervaluation.

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Who Are The Top Investors In Rey Resources Limited (ASX:REY)?

A major group of owners of REY is individual insiders, sitting with a hefty 31.95% stake in the company. … Private Company Ownership Another group of owners that a potential investor in REY should consider are private companies, with a stake of 30.06%. … As a result, potential investors should further explore the company's business relations with these companies and find out if they can affect shareholder returns in the long-term.Next Steps: REY's considerably high level of institutional ownership calls for further analysis into its margin of safety.

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How Should You Think About Rey Resources Limited's (ASX:REY) Risks?

A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … Check out our latest analysis for Rey Resources An interpretation of REY's beta Rey Resources has a beta of 1.4, which means that the percentage change in its stock value will be higher than the entire market in times of booms and busts. … A high level of beta means investors face higher risk associated with potential gains and losses driven by market movements.

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What does Rey Resources Limited's (ASX:REY) Balance Sheet Tell Us Abouts Its Future?

With this growth in debt, the current cash and short-term investment levels stands at A$0.6M , ready to deploy into the business. … At the current liabilities level of A$0.6M liabilities, it appears that the company has maintained a safe level of current assets to meet its obligations, with the current ratio last standing at 1.02x. … Though, the company will be able to pay all of its upcoming liabilities from its current short-term assets.

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Company Info

Description

Rey Resources Limited engages in exploring for and developing energy resources in Australia. The company primarily explores for bituminous thermal coal deposits in the Duchess Paradise coal project located in Canning Basin, north Western Australia. It also holds interests in the petroleum permits, including a 25% interest in the Fitzroy Blocks; and a 100% interest in the Derby Block and Lennard Shelf Blocks located in Canning Basin, Western Australia. Rey Resources Limited is based in Sydney, Australia.

Details
Name: Rey Resources Limited
REY
Exchange: ASX
Founded:
A$59,467,874
212,385,266
Website: http://www.reyresources.com
Address: Rey Resources Limited
3b Macquarie Street,
Suite 2,
Sydney,
New South Wales, 2000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX REY Ordinary Shares Australian Securities Exchange AU AUD 05. Jun 2006
Number of employees
Current staff
Staff numbers
0
Rey Resources employees.
Industry
Coal and Consumable Fuels
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/19 10:33
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2019/03/13
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.