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Stanmore Coal

ASX:SMR
Snowflake Description

Excellent balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SMR
ASX
A$298M
Market Cap
  1. Home
  2. AU
  3. Energy
Company description

Stanmore Coal Limited explores, produces, and sells metallurgical and thermal coal in Australia. The last earnings update was 67 days ago. More info.


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SMR Share Price and Events
7 Day Returns
-1.3%
ASX:SMR
1.4%
AU Oil and Gas
0.7%
AU Market
1 Year Returns
69.8%
ASX:SMR
3.8%
AU Oil and Gas
4.7%
AU Market
SMR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Stanmore Coal (SMR) -1.3% -2.5% 23.6% 69.8% 321.4% 686.7%
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
  • SMR outperformed the Oil and Gas industry which returned 3.8% over the past year.
  • SMR outperformed the Market in Australia which returned 4.7% over the past year.
Price Volatility
SMR
Industry
5yr Volatility vs Market

SMR Value

 Is Stanmore Coal 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
Here we compare the current share price of Stanmore Coal to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Stanmore Coal.

ASX:SMR Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.3%
Perpetual Growth Rate 10-Year AU Government Bond Rate 2.3%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for ASX:SMR
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year AU Govt Bond Rate 2.3%
Equity Risk Premium S&P Global 6%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.95
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.953 (1 + (1- 30%) (7.6%))
1.003
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.31% + (1.003 * 5.96%)
8.29%

Discounted Cash Flow Calculation for ASX:SMR using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Stanmore Coal is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

ASX:SMR DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (AUD, Millions) Source Present Value
Discounted (@ 8.29%)
2019 31.00 Analyst x1 28.63
2020 52.00 Analyst x1 44.34
2021 32.00 Analyst x1 25.20
2022 21.55 Est @ -32.66% 15.67
2023 16.77 Est @ -22.17% 11.26
2024 14.28 Est @ -14.83% 8.86
2025 12.90 Est @ -9.68% 7.39
2026 12.12 Est @ -6.09% 6.41
2027 11.68 Est @ -3.57% 5.71
2028 11.47 Est @ -1.8% 5.17
Present value of next 10 years cash flows A$158.64
ASX:SMR DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= A$11.47 × (1 + 2.31%) ÷ (8.29% – 2.31%)
A$196.44
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= A$196.44 ÷ (1 + 8.29%)10
A$88.60
ASX:SMR Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= A$158.64 + A$88.60
A$247.24
Equity Value per Share
(AUD)
= Total value / Shares Outstanding
= A$247.24 / 252.79
A$0.98
ASX:SMR Discount to Share Price
Calculation Result
Value per share (AUD) From above. A$0.98
Current discount Discount to share price of A$1.18
= -1 x (A$1.18 - A$0.98) / A$0.98
-20.6%

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

  • The current share price of Stanmore Coal is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Stanmore Coal's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Stanmore Coal's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:SMR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.08
ASX:SMR Share Price ** ASX (2019-04-18) in AUD A$1.18
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 Stanmore Coal.

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

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

= 1.18 ÷ 0.08

15.48x

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

  • Stanmore Coal is overvalued based on earnings compared to the AU Oil and Gas industry average.
  • Stanmore Coal is good value based on earnings compared to the Australia market.
Price based on expected Growth
Does Stanmore Coal's expected growth come at a high price?
Raw Data
ASX:SMR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 15.48x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
-14.5%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 361 Publicly-Listed Companies 1.38x

*Line of best fit is calculated by linear regression .

ASX:SMR PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 15.48x ÷ -14.5%

-1.07x

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

  • Stanmore Coal earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Stanmore Coal's assets?
Raw Data
ASX:SMR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.36
ASX:SMR Share Price * ASX (2019-04-18) in AUD A$1.18
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:SMR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 1.18 ÷ 0.36

3.29x

* Primary Listing of Stanmore Coal.

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

  • Stanmore Coal is overvalued based on assets compared to the AU Oil and Gas industry average.
X
Value checks
We assess Stanmore Coal'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. Stanmore Coal 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.

SMR Future Performance

 How is Stanmore Coal expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

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
-14.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Stanmore Coal expected to grow at an attractive rate?
  • Stanmore Coal's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.3%.
Growth vs Market Checks
  • Stanmore Coal's earnings are expected to decrease over the next 1-3 years, this is below the Australia market average.
  • Stanmore Coal's revenues are expected to decrease over the next 1-3 years, this is below the Australia market average.
Annual Growth Rates Comparison
Raw Data
ASX:SMR Future Growth Rates Data Sources
Data Point Source Value (per year)
ASX:SMR Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts -14.5%
ASX:SMR Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts -2.5%
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:SMR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:SMR Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-06-30 320 56 39 2
2020-06-30 333 74 68 2
2019-06-30 391 92 93 2
ASX:SMR Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 274 41 19
2018-09-30 241 32 13
2018-06-30 208 22 6
2018-03-31 185 18 13
2017-12-31 161 14 21
2017-09-30 150 -2 16
2017-06-30 138 -18 12
2017-03-31 105 -35 -1
2016-12-31 72 -52 -14
2016-09-30 42 -43 -17
2016-06-30 13 -34 -20
2016-03-31 6 -21 -19

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Stanmore Coal's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Stanmore Coal's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
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:SMR 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 2 Analyst Estimates (S&P Global) See Below

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

ASX:SMR Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-06-30 0.15 0.16 0.15 2.00
2020-06-30 0.27 0.27 0.27 2.00
2019-06-30 0.36 0.37 0.36 2.00
ASX:SMR Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.08
2018-09-30 0.05
2018-06-30 0.02
2018-03-31 0.05
2017-12-31 0.08
2017-09-30 0.07
2017-06-30 0.05
2017-03-31 0.00
2016-12-31 -0.06
2016-09-30 -0.08
2016-06-30 -0.09
2016-03-31 -0.08

*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.
  • Stanmore Coal is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Stanmore Coal'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.
Stanmore Coal has a total score of 1/6, 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.

SMR Past Performance

  How has Stanmore Coal 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 Stanmore Coal'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.
  • Stanmore Coal has delivered over 20% year on year earnings growth in the past 5 years.
  • Stanmore Coal's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Stanmore Coal's 1-year earnings growth is negative, it can't be compared to the AU Oil and Gas industry average.
Earnings and Revenue History
Stanmore Coal'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 Stanmore Coal Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:SMR Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 273.59 19.21 0.46
2018-09-30 240.84 12.59 0.49
2018-06-30 208.08 5.97 0.51
2018-03-31 184.67 13.29 0.42
2017-12-31 161.27 20.61 0.33
2017-09-30 149.56 16.32 0.17
2017-06-30 137.85 12.04 0.02
2017-03-31 104.95 -0.94 0.14
2016-12-31 72.05 -13.91 0.27
2016-09-30 42.38 -16.83 0.25
2016-06-30 12.70 -19.75 0.23
2016-03-31 6.06 -18.54 -0.56
2015-12-31 -0.59 -17.33 -1.35
2015-09-30 -0.29 -14.74 -0.49
2015-06-30 -12.15 0.38
2015-03-31 0.47 -11.06 1.34
2014-12-31 0.94 -9.97 2.30
2014-09-30 0.84 -10.92 2.89
2014-06-30 0.75 -11.86 3.49
2014-03-31 1.27 -8.35 4.10
2013-12-31 1.78 -4.84 4.72
2013-09-30 1.76 -4.92 5.11
2013-06-30 1.73 -5.01 5.50
2013-03-31 1.30 -6.15 5.76
2012-12-31 0.87 -7.28 6.02
2012-09-30 0.88 -7.48 5.58
2012-06-30 0.90 -7.68 5.14

*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.
  • Stanmore Coal has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Stanmore Coal used its assets less efficiently than the AU Oil and Gas industry average last year based on Return on Assets.
  • Stanmore Coal has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Stanmore Coal'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.
Stanmore Coal has a total score of 3/6, 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.

SMR Health

 How is Stanmore Coal'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 Stanmore Coal's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Stanmore Coal is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Stanmore Coal's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Stanmore Coal'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 covered by short term assets, assets are 4.1x 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 Stanmore Coal Company Filings, last reported 3 months ago.

ASX:SMR Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 90.58 22.67 32.29
2018-09-30 90.58 22.67 32.29
2018-06-30 73.16 0.00 19.82
2018-03-31 73.16 0.00 19.82
2017-12-31 75.17 2.56 17.15
2017-09-30 75.17 2.56 17.15
2017-06-30 66.82 15.60 27.52
2017-03-31 66.82 15.60 27.52
2016-12-31 54.22 8.29 18.73
2016-09-30 54.22 8.29 18.73
2016-06-30 39.09 0.00 12.08
2016-03-31 39.09 0.00 12.08
2015-12-31 52.42 0.00 30.48
2015-09-30 52.42 0.00 30.48
2015-06-30 58.76 0.00 15.20
2015-03-31 58.76 0.00 15.20
2014-12-31 72.62 0.00 17.11
2014-09-30 72.62 0.00 17.11
2014-06-30 70.72 0.00 17.83
2014-03-31 70.72 0.00 17.83
2013-12-31 72.30 9.03 18.92
2013-09-30 72.30 9.03 18.92
2013-06-30 75.09 13.07 24.36
2013-03-31 75.09 13.07 24.36
2012-12-31 76.33 13.07 32.40
2012-09-30 76.33 13.07 32.40
2012-06-30 63.03 4.04 23.96
  • Stanmore Coal's level of debt (25%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (12.4% vs 25% today).
  • Debt is well covered by operating cash flow (181.6%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 10.1x coverage).
X
Financial health checks
We assess Stanmore Coal'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. Stanmore Coal has a total score of 5/6, 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.

SMR Dividends

 What is Stanmore Coal'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
5.08%
Current annual income from Stanmore Coal dividends. Estimated to be 4.61% next year.
If you bought A$2,000 of Stanmore Coal shares you are expected to receive A$102 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?
  • Stanmore Coal's pays a higher dividend yield than the bottom 25% of dividend payers in Australia (2.5%).
  • Stanmore Coal's dividend is below the markets top 25% of dividend payers in Australia (5.81%).
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:SMR 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 2 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.

ASX:SMR Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
2021-06-30 0.03 2.00
2020-06-30 0.05 2.00
2019-06-30 0.08 2.00
ASX:SMR Past Annualized Dividends Data
Date (Data in A$) Dividend per share (annual) Avg. Yield (%)
2019-01-17 0.060 5.365
2018-08-27 0.020 2.135

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

  • It is too early to tell whether Stanmore Coal has stable dividend payments.
  • Stanmore Coal only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of Stanmore Coal's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.5x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (5.2x coverage).
X
Income/ dividend checks
We assess Stanmore Coal'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 Stanmore Coal afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Stanmore Coal has a total score of 3/6, see the detailed checks below.


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

SMR Management

 What is the CEO of Stanmore Coal'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
Dan Clifford
COMPENSATION A$684,299
TENURE AS CEO 2.4 years
CEO Bio

Mr. Daniel Clifford, also known as Dan, has been Managing Director and CEO at Stanmore Coal Limited since November 14, 2016. Mr. Clifford served as General Manager of Glencore's Ulan Complex of coal mines in NSW. He has substantial open cut and underground coal mining experience, including responsibility for major dragline and longwall operations under previous employers which include Glencore, Anglo Coal, BHP and Solid Energy. He served as the Chief Executive Officer at Solid Energy New Zealand Limited from May 2014 to November 2016. Mr. Clifford has more than 20 years' experience in Australian and South African mines and has experience in reviving ailing operations. He has held roles with Anglo Coal and BHP Billiton in technical, operational and regional management roles. He has been Director at Stanmore Coal Limited. since November 14, 2016. He served as a Director of Ulan Coal Mines Limited from July 1, 2009 to April 7, 2014. Mr. Clifford is a Mining Engineer.

CEO Compensation
  • Dan's compensation has increased by more than 20% in the past year.
  • Dan's remuneration is about average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the Stanmore Coal management team in years:

2
Average Tenure
  • The tenure for the Stanmore Coal management team is about average.
Management Team

Dan Clifford

TITLE
MD, CEO & Director
COMPENSATION
A$684K
TENURE
2.4 yrs

Ian Poole

TITLE
Company Secretary & CFO
COMPENSATION
A$460K
TENURE
1.9 yrs

Bernie O'Neill

TITLE
General Manager of Operations
COMPENSATION
A$453K
TENURE
2 yrs
Board of Directors Tenure

Average tenure and age of the Stanmore Coal board of directors in years:

2
Average Tenure
55
Average Age
  • The average tenure for the Stanmore Coal board of directors is less than 3 years, this suggests a new board.
Board of Directors

Stewart Butel

TITLE
Chairman
COMPENSATION
A$69K
AGE
62
TENURE
1.2 yrs

Dan Clifford

TITLE
MD, CEO & Director
COMPENSATION
A$684K
TENURE
2.4 yrs

Stephen Bizzell

TITLE
Non-Executive Director
COMPENSATION
A$73K
AGE
50
TENURE
9.5 yrs

Neal O'Connor

TITLE
Independent Non-Executive Director
COMPENSATION
A$58K
AGE
55
TENURE
1.6 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Stanmore Coal insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
08. Apr 19 Buy Matthew Latimore Individual 27. Mar 19 05. Apr 19 2,559,055 A$1.15 A$2,916,882
25. Mar 19 Sell Brazil Farming Pty Ltd, Asset Management Arm Company 06. Mar 19 21. Mar 19 -3,250,000 A$1.29 A$-4,196,343
21. Mar 19 Buy Matthew Latimore Individual 19. Mar 19 19. Mar 19 5,000,000 A$1.30 A$6,499,999
15. Mar 19 Buy Matthew Latimore Individual 01. Mar 19 13. Mar 19 5,425,609 A$1.25 A$6,658,995
15. Mar 19 Sell M Resources Pty Ltd Company 13. Mar 19 13. Mar 19 -21,000 A$1.20 A$-25,200
06. Mar 19 Sell Colonial First State Asset Management (Australia) Limited Company 08. Mar 18 19. Oct 18 -1,848,046 A$0.94 A$-1,522,685
06. Mar 19 Buy Colonial First State Asset Management (Australia) Limited Company 01. Feb 18 19. Jun 18 1,988,977 A$0.79 A$1,448,719
06. Mar 19 Sell St Lucia Resources International Pty Ltd Company 28. Feb 19 01. Mar 19 -736,353 A$1.22 A$-892,570
01. Mar 19 Sell Paradice Investment Management Pty Ltd. Company 01. Aug 18 02. Nov 18 -206,330 A$0.84 A$-172,903
01. Mar 19 Buy Paradice Investment Management Pty Ltd. Company 19. Apr 18 27. Feb 19 2,986,491 A$0.87 A$2,606,527
25. Feb 19 Buy Matthew Latimore Individual 13. Feb 19 22. Feb 19 2,235,261 A$1.11 A$2,473,192
25. Feb 19 Buy M Resources Pty Ltd Company 13. Feb 19 22. Feb 19 360,000 A$1.11 A$394,817
17. Feb 19 Sell Brazil Farming Pty Ltd, Asset Management Arm Company 11. Feb 19 11. Feb 19 -2,834,750 A$1.00 A$-2,845,006
13. Feb 19 Buy Matthew Latimore Individual 07. Feb 19 12. Feb 19 2,687,090 A$1.10 A$2,863,122
24. Jan 19 Buy Regal Funds Management Pty Limited Company 22. Jan 19 22. Jan 19 2,577,737 A$0.95 A$2,454,261
21. Jan 19 Buy PT Sinar Mas Group Company 21. Jan 19 21. Jan 19 2,677,484 A$0.95 A$2,543,610
17. Jan 19 Buy PT Sinar Mas Group Company 16. Jan 19 16. Jan 19 36,328 A$0.95 A$34,512
18. Jan 19 Buy PT Sinar Mas Group Company 18. Jan 19 18. Jan 19 6,023,764 A$0.95 A$5,722,576
17. Jan 19 Buy PT Sinar Mas Group Company 10. Dec 18 17. Jan 19 5,259,740 A$0.95 A$4,996,756
22. Jan 19 Buy Regal Funds Management Pty Limited Company 17. Jan 19 18. Jan 19 4,119,291 A$0.96 A$3,954,268
06. Dec 18 Buy Matthew Latimore Individual 06. Dec 18 06. Dec 18 1,000,000 A$1.00 A$999,999
06. Dec 18 Buy M Resources Pty Ltd Company 27. Nov 18 06. Dec 18 1,212,624 A$1.00 A$1,201,051
21. Nov 18 Buy Regal Funds Management Pty Limited Company 01. Aug 18 19. Nov 18 2,194,287 A$0.97 A$2,108,231
07. Sep 18 Sell 3rd Wave Investors Ltd Company 27. Jun 17 05. Sep 18 -7,061,833 A$0.83 A$-5,881,774
03. Sep 18 Buy Stewart Butel Individual 29. Aug 18 31. Aug 18 100,950 A$0.89 A$89,846
18. Jul 18 Sell St Lucia Resources International Pty Ltd Company 27. Jun 18 02. Jul 18 -122,000 A$0.90 A$-107,836
X
Management checks
We assess Stanmore Coal'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. Stanmore Coal 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.

SMR News

Simply Wall St News

What Kind Of Shareholder Owns Most Stanmore Coal Limited (ASX:SMR) Stock?

If you want to know who really controls Stanmore Coal Limited (ASX:SMR), then you'll have to look at the makeup of its share registry. … Stanmore Coal is not a large company by global standards. … institutional investors have bought into the company.

Simply Wall St -

Stanmore Coal Limited (ASX:SMR): Time For A Financial Health Check

Stanmore Coal Limited (ASX:SMR), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … However, the trade-off is SMR will have to follow strict debt obligations which will reduce its financial flexibility. … Does SMR's growth rate justify its decision for financial flexibility over lower cost of capital.

Simply Wall St -

Stanmore Coal Limited (ASX:SMR): How Does It Impact Your Portfolio?

Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Before we go on, it's worth noting that Warren Buffett pointed out in his 2014 letter to shareholders that 'volatility is far from synonymous with risk.' Having said that, beta can still be rather useful.

Simply Wall St -

Is Stanmore Coal Limited's (ASX:SMR) ROE Of 27.42% Sustainable?

and looking to gauge the potential return on investment in Stanmore Coal Limited (ASX:SMR). … With an ROE of 27.42%, Stanmore Coal Limited (ASX:SMR) outpaced its own industry which delivered a less exciting 15.13% over the past year. … If SMR borrows debt to invest in its business, its profits will be higher.

Simply Wall St -

Stanmore Coal Limited (ASX:SMR): Time For A Financial Health Check

Moving onto cash from operations, its small level of operating cash flow means calculating cash-to-debt wouldn't be too useful, though these low levels of cash means that operational efficiency is worth a look. … In SMR's, case, the ratio of 4x suggests that interest is appropriately covered, which means that lenders may be inclined to lend more money to the company, as it is seen as safe in terms of payback.Next Steps: SMR’s low debt is also met with low coverage. … This indicates room for improvement as its cash flow covers less than a quarter of its borrowings, which means its operating efficiency could be better.

Simply Wall St -

Is It Time To Buy Stanmore Coal Limited (ASX:SMR) Based Off Its PE Ratio?

Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for SMR Price per share = A$0.75 Earnings per share = A$0.082 ∴ Price-Earnings Ratio = A$0.75 ÷ A$0.082 = 9.1x On its own, the P/E ratio doesn’t tell you much; however, it becomes extremely useful when you compare it with other similar companies. … For example, if you accidentally compared higher growth firms with SMR, then SMR’s P/E would naturally be lower since investors would reward its peers’ higher growth with a higher price. … Alternatively, if you inadvertently compared less risky firms with SMR, SMR’s P/E would again be lower since investors would reward its peers’ lower risk with a higher price as well.

Simply Wall St -

Why Stanmore Coal Limited's (ASX:SMR) Ownership Structure Is Important

This level of insider ownership has been found to have a negative impact on companies with consistently low PE ratios (underperformers), while it has been positive in the case of high PE ratio firms (outperformers). … Private Company Ownership Potential investors in SMR should also look at another important group of investors: private companies, with a stake of 17.82%, who are primarily invested because of strategic and capital gain interests. … However, if you are building an investment case for SMR, ownership structure alone should not dictate your decision to buy or sell the stock.

Simply Wall St -

What Investors Should Know About Stanmore Coal Limited's (ASX:SMR) Financial Strength

In the case of SMR, operating cash flow turned out to be -1.14x its debt level over the past twelve months. … SMR's debt-to-equity ratio stands at 23.35%, which means its debt level does not pose a threat to its operations right now. … Although SMR’s debt level is relatively low, its cash flow levels still could not copiously cover its borrowings.

Simply Wall St -

SMR Company Info

Description

Stanmore Coal Limited explores, produces, and sells metallurgical and thermal coal in Australia. It holds interest in the Isaac Plains, Isaac Downs, Belview, The Range, Lilyvale, Mackenzie, Tennyson, and Clifford projects in the Bowen and Surat basins of Queensland. The company also exports its products. Stanmore Coal Limited was founded in 2009 and is headquartered in Brisbane, Australia.

Details
Name: Stanmore Coal Limited
SMR
Exchange: ASX
Founded: 2009
A$298,290,020
252,788,153
Website: http://www.stanmorecoal.com.au
Address: Stanmore Coal Limited
100 Edward Street,
Level 8,
Brisbane,
Queensland, 4000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX SMR Ordinary Shares Australian Securities Exchange AU AUD 09. Dec 2009
DB S0D Ordinary Shares Deutsche Boerse AG DE EUR 09. Dec 2009
CHIA SMR Ordinary Shares Chi-X Australia AU AUD 09. Dec 2009
Number of employees
Current staff
Staff numbers
0
Stanmore Coal 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 estimates confirmation: 2019/04/10
Last earnings filing: 2019/02/11
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.