ASX:VMY

Stock Analysis Report

Executive Summary

Vimy Resources Limited, a resource development company, explores and evaluates uranium properties in Australia.


Snowflake Analysis

Adequate balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has Vimy Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

9.1%

VMY

4.4%

AU Oil and Gas

0.1%

AU Market


1 Year Return

-58.6%

VMY

-48.2%

AU Oil and Gas

-22.8%

AU Market

Return vs Industry: VMY underperformed the Australian Oil and Gas industry which returned -48.2% over the past year.

Return vs Market: VMY underperformed the Australian Market which returned -22.8% over the past year.


Shareholder returns

VMYIndustryMarket
7 Day9.1%4.4%0.1%
30 Day-44.2%-40.3%-28.8%
90 Day-50.0%-49.4%-30.1%
1 Year-58.6%-58.6%-46.2%-48.2%-19.4%-22.8%
3 Year-89.3%-89.3%-40.3%-47.6%-9.5%-21.7%
5 Year-92.5%-92.5%-40.0%-50.7%2.1%-20.8%

Price Volatility Vs. Market

How volatile is Vimy Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Vimy Resources undervalued compared to its fair value and its price relative to the market?

2.92x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: VMY is overvalued based on its PB Ratio (2.9x) compared to the AU Oil and Gas industry average (0.7x).


Next Steps

Future Growth

How is Vimy Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.4%

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 Vimy 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 SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Vimy Resources performed over the past 5 years?

7.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VMY is currently unprofitable.

Growing Profit Margin: VMY is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: VMY is unprofitable, but has reduced losses over the past 5 years at a rate of 7.8% per year.

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

Earnings vs Industry: VMY is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-16%).


Return on Equity

High ROE: VMY has a negative Return on Equity (-114.72%), as it is currently unprofitable.


Next Steps

Financial Health

How is Vimy Resources's financial position?


Financial Position Analysis

Short Term Liabilities: VMY's short term assets (A$4.7M) exceed its short term liabilities (A$1.7M).

Long Term Liabilities: VMY's short term assets (A$4.7M) exceed its long term liabilities (A$4.7M).


Debt to Equity History and Analysis

Debt Level: VMY is debt free.

Reducing Debt: VMY had no debt 5 years ago.


Balance Sheet

Inventory Level: VMY has a high level of physical assets or inventory.

Debt Coverage by Assets: VMY's debt is not covered by short term assets (assets are -8.5462414213608E+16x debt).


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

Forecast Cash Runway: Insufficient data to determine if VMY has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Vimy Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate VMY's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if VMY's dividends per share have been stable in the past.

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

4.1yrs

Average management tenure


CEO

Mike Young (58yo)

6.08s

Tenure

AU$446,961

Compensation

Mr. Michael Charles Young, also known as Mike, BSc (Hon), MAusIMM, MAIG, MSEG,MAICD, has been the Chief Executive Officer and Managing Director of Vimy Resources Limited (alternative name Energy and Minera ...


CEO Compensation Analysis

Compensation vs Market: Mike's total compensation ($USD274.14K) is about average for companies of similar size in the Australian market ($USD242.11K).

Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Michael Young
MD, CEO & Director6.08yrsAU$446.96k0.80% A$117.7k
Marcel Hilmer
CFO & Company Secretary1yrAU$247.66kno data
Julian Tapp
Chief Nuclear Officerno dataAU$107.62k0.35% A$51.4k
Scott Hyman
Vice President of Sales & Marketing2.08yrsno datano data
Xavier Moreau
General Manager of Geology & Exploration10.08yrsno datano data

4.1yrs

Average Tenure

Experienced Management: VMY's management team is considered experienced (4.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Michael Young
MD, CEO & Director6.08yrsAU$446.96k0.80% A$117.7k
Tony Chamberlain
Non-Executive Director1.08yrsAU$435.80k0.45% A$66.4k
Cheryl Edwardes
Independent Non-Executive Chairman5.83yrsAU$88.70k0.14% A$20.6k
David Cornell
Independent Non-Executive Director7.67yrsAU$39.42kno data

6.4yrs

Average Tenure

Experienced Board: VMY's board of directors are considered experienced (6.4 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 29.9%.


Top Shareholders

Company Information

Vimy Resources Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Vimy Resources Limited
  • Ticker: VMY
  • Exchange: ASX
  • Founded: 2006
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Market Cap: AU$14.724m
  • Shares outstanding: 613.51m
  • Website: https://www.vimyresources.com.au

Location

  • Vimy Resources Limited
  • 1209 Hay Street
  • First Floor, Level 1
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VMYASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJul 1994
VMYCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJul 1994

Biography

Vimy Resources Limited, a resource development company, explores and evaluates uranium properties in Australia. The company's flagship property is the Mulga Rock project located to the east-northeast of the Kalgoorlie in Western Australia. It also holds interest in the Alligator River project located in Arnhem Land, Northern Territory. The company was formerly known as Energy and Minerals Australia Limited and changed its name to Vimy Resources Limited in December 2014. Vimy Resources Limited was founded in 2006 and is based in West Perth, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/28 10:39
End of Day Share Price2020/03/27 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.