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Force Commodities

ASX:4CE
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
4CE
ASX
A$5M
Market Cap
  1. Home
  2. AU
  3. Materials
Company description

Force Commodities Limited explores for and develops mineral projects in Australia and the Democratic Republic of Congo (DRC). The last earnings update was 79 days ago. More info.


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4CE Share Price and Events
7 Day Returns
10%
ASX:4CE
5.8%
AU Metals and Mining
1.7%
AU Market
1 Year Returns
-78.8%
ASX:4CE
12.7%
AU Metals and Mining
5.4%
AU Market
4CE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Force Commodities (4CE) 10% 10% 10% -78.8% -72.5% -96.5%
AU Metals and Mining 5.8% 3.3% 5.8% 12.7% 82.5% 18.9%
AU Market 1.7% 2.8% 5.5% 5.4% 23% 12.3%
1 Year Return vs Industry and Market
  • 4CE underperformed the Metals and Mining industry which returned 12.7% over the past year.
  • 4CE underperformed the Market in Australia which returned 5.4% over the past year.
Price Volatility
4CE
Industry
5yr Volatility vs Market

Value

 Is Force Commodities 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 Force Commodities. This is due to cash flow or dividend data being unavailable. The share price is A$0.011.
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 Force Commodities's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Force Commodities's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:4CE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$-0.02
ASX:4CE Share Price ** ASX (2019-06-17) in AUD A$0.01
Australia Metals and Mining Industry PE Ratio Median Figure of 78 Publicly-Listed Metals and Mining Companies 10.58x
Australia Market PE Ratio Median Figure of 545 Publicly-Listed Companies 16.2x

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

** Primary Listing of Force Commodities.

ASX:4CE PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:4CE Share Price ÷ EPS (both in AUD)

= 0.01 ÷ -0.02

-0.51x

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

  • Force Commodities is loss making, we can't compare its value to the AU Metals and Mining industry average.
  • Force Commodities is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Force Commodities's expected growth come at a high price?
Raw Data
ASX:4CE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.51x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Metals and Mining Industry PEG Ratio Median Figure of 39 Publicly-Listed Metals and Mining Companies 0.67x
Australia Market PEG Ratio Median Figure of 358 Publicly-Listed Companies 1.4x

*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 Force Commodities, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Force Commodities's assets?
Raw Data
ASX:4CE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.00
ASX:4CE Share Price * ASX (2019-06-17) in AUD A$0.01
Australia Metals and Mining Industry PB Ratio Median Figure of 587 Publicly-Listed Metals and Mining Companies 1.43x
Australia Market PB Ratio Median Figure of 1,687 Publicly-Listed Companies 1.65x
ASX:4CE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:4CE Share Price ÷ Book Value per Share (both in AUD)

= 0.01 ÷ 0.00

8.53x

* Primary Listing of Force Commodities.

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

  • Force Commodities is overvalued based on assets compared to the AU Metals and Mining industry average.
X
Value checks
We assess Force Commodities'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 Metals and Mining 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 Metals and Mining industry average (and greater than 0)? (1 check)
  5. Force Commodities 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 Force Commodities 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 Force Commodities 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
2%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Force Commodities expected to grow at an attractive rate?
  • Unable to compare Force Commodities's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Force Commodities's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Force Commodities's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:4CE Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 2%
Australia Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 1.1%
Australia Market Earnings Growth Rate Market Cap Weighted Average 7%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.2%

*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:4CE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 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:4CE Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 -1 -9
2018-09-30 0 -1 -5
2018-06-30 -1 -1
2018-03-31 -2 -3
2017-12-31 0 -2 -5
2017-09-30 0 -1 -5
2017-06-30 -1 -5
2017-03-31 -1 -3
2016-12-31 0 -2
2016-09-30 -1 -4
2016-06-30 -1 -6
2016-03-31 -1 -7

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Force Commodities is high growth as no earnings estimate data is available.
  • Unable to determine if Force Commodities 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:4CE Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Force Commodities Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:4CE Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 -0.02
2018-09-30 -0.01
2018-06-30 0.00
2018-03-31 -0.01
2017-12-31 -0.02
2017-09-30 -0.02
2017-06-30 -0.03
2017-03-31 -0.02
2016-12-31 -0.01
2016-09-30 -0.03
2016-06-30 -0.05
2016-03-31 -0.06

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

Next steps:

  1. Examine Force Commodities's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Force Commodities'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 Materials companies here
  3. Force Commodities'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 Force Commodities'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.
Force Commodities 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 Force Commodities 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 Force Commodities's growth in the last year to its industry (Metals and Mining).
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.
  • Force Commodities does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Force Commodities's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Force Commodities's 1-year growth to the AU Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Force Commodities'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 Force Commodities Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:4CE 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 0.03 -8.90 1.34
2018-09-30 0.03 -5.12 1.56
2018-06-30 -1.34 1.78
2018-03-31 -2.99 1.92
2017-12-31 0.04 -4.63 2.07
2017-09-30 0.02 -4.84 2.49
2017-06-30 -5.04 2.91
2017-03-31 -3.37 2.83
2016-12-31 -1.69 2.76
2016-09-30 -4.08 2.08
2016-06-30 -6.46 1.40
2016-03-31 -6.60 1.33
2015-12-31 -6.73 1.26
2015-09-30 -0.15 -11.29 1.71
2015-06-30 -0.29 -15.85 2.15
2015-03-31 -0.06 -16.46 2.76
2014-12-31 0.16 -17.06 3.36
2014-09-30 0.38 -9.99 3.66
2014-06-30 0.59 -2.92 3.95
2014-03-31 0.61 -2.28 3.57
2013-12-31 0.63 -1.64 3.20
2013-09-30 0.74 -1.49 2.68
2013-06-30 0.84 -1.34 2.17
2013-03-31 0.59 -1.13 1.73
2012-12-31 0.34 -0.92 1.30
2012-09-30 0.27 -0.96 1.22
2012-06-30 0.19 -1.00 1.15

*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 Force Commodities has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Force Commodities has efficiently used its assets last year compared to the AU Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Force Commodities 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 Force Commodities'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 Metals and Mining 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.
Force Commodities 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 Force Commodities'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 Force Commodities's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Force Commodities is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Force Commodities has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Force Commodities'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.
  • Force Commodities has no debt, it does not need to be covered by short term assets.
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 Force Commodities Company Filings, last reported 5 months ago.

ASX:4CE Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 0.53 0.00 0.52
2018-09-30 0.53 0.00 0.52
2018-06-30 10.84 0.00 2.74
2018-03-31 10.84 0.00 2.74
2017-12-31 10.39 0.00 4.16
2017-09-30 10.39 0.00 4.16
2017-06-30 0.83 0.00 0.86
2017-03-31 0.83 0.00 0.86
2016-12-31 3.83 0.00 0.83
2016-09-30 3.83 0.00 0.83
2016-06-30 4.83 0.00 2.46
2016-03-31 4.83 0.00 2.46
2015-12-31 3.59 0.00 0.08
2015-09-30 3.59 0.00 0.08
2015-06-30 8.41 0.30 0.02
2015-03-31 8.41 0.30 0.02
2014-12-31 8.88 0.70 1.29
2014-09-30 8.88 0.70 1.29
2014-06-30 19.28 2.66 0.67
2014-03-31 19.28 2.66 0.67
2013-12-31 20.65 1.92 0.60
2013-09-30 20.65 1.92 0.60
2013-06-30 19.95 0.00 0.21
2013-03-31 19.95 0.00 0.21
2012-12-31 19.43 0.00 0.16
2012-09-30 19.43 0.00 0.16
2012-06-30 3.89 0.00 0.47
  • Force Commodities has no debt.
  • Force Commodities has no debt compared to 5 years ago when it was 9.4%.
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.

  • Force Commodities has less than a year of cash runway based on current free cash flow.
  • Force Commodities has less than a year of cash runway if free cash flow continues to grow at historical rates of 38.4% each year.
X
Financial health checks
We assess Force Commodities'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. Force Commodities has a total score of 4/6, 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 Force Commodities'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 Force Commodities dividends.
If you bought A$2,000 of Force Commodities 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 Force Commodities's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Force Commodities'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:4CE 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 Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 37 Stocks 3.6%
Australia Market Average Dividend Yield Market Cap Weighted Average of 415 Stocks 4.1%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.7%
Australia Top 25% Dividend Yield 75th Percentile 5.7%

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 Force Commodities has not reported any payouts.
  • Unable to verify if Force Commodities's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Force Commodities's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Force Commodities 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 Force Commodities'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 Force Commodities afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Force Commodities 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 Force Commodities'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
Jason Brewer
COMPENSATION A$240,521
TENURE AS CEO 1.3 years
CEO Bio

Mr. Jason Paul Brewer, M.Eng (ARSM) Hons has been the Managing Director of Force Commodities Ltd. since February 19, 2018 and has been its Director since June 6, 2017. Mr. Brewer has been Non-Executive Chairman at Winmar Resources Limited since November 30, 2017. He served as an Executive Director at Vector Resources Ltd. since January 16, 2017 until February 2019. He serves as Non-Executive Director of Tao Commodities Limited. He was Company Secretary at International Petroleum Limited since January 31, 2014 until November 27, 2017. Mr. Brewer has over 20 years’ international experience in the natural resources sector and in investment banking. Mr. Brewer has experience in a variety of commodities having worked in underground and opencast mining operations in the UK, Australia, Canada and South Africa. In addition, Mr. Brewer has worked for major global investment banks structuring and arranging corporate and project funding facilities for mining companies operating in Asia and Africa. Mr. Brewer has been extremely active in the DRC since 2015 and has been responsible for the acquisition of major gold projects for ASX listed gold company Vector Resources, and the acquisition of copper and cobalt projects for Cape Lambert Resources and Fe Limited. He served as Non-Executive Director of Cape Lambert Resources Limited until February 28, 2018. Mr. Brewer has been Non-Executive Director of Metalsearch Limited since August 1, 2018. Mr. Brewer is a mining engineer with a Master’s degree in mining engineering with honours from the Royal School of Mines, London.

CEO Compensation
  • Insufficient data for Jason to compare compensation growth.
  • Jason's remuneration is lower than average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the Force Commodities management team in years:

1.3
Average Tenure
  • The average tenure for the Force Commodities management team is less than 2 years, this suggests a new team.
Management Team

Jason Brewer

TITLE
MD & Director
COMPENSATION
A$241K
TENURE
1.3 yrs

Mike Pitcher

TITLE
CFO & Company Secretary
TENURE
0.3 yrs

Patrick Glovac

TITLE
Consultant
COMPENSATION
A$250K
TENURE
1.7 yrs
Board of Directors Tenure

Average tenure of the Force Commodities board of directors in years:

1.7
Average Tenure
  • The average tenure for the Force Commodities board of directors is less than 3 years, this suggests a new board.
Board of Directors

Jess Oram

TITLE
Chairperson
TENURE
0.3 yrs

Jason Brewer

TITLE
MD & Director
COMPENSATION
A$241K
TENURE
2 yrs

Gedeon Pelesa

TITLE
Non-Executive Director
COMPENSATION
A$123K
TENURE
1.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
08. Mar 19 Buy Jason Brewer Individual 07. Mar 19 07. Mar 19 1,350,000 A$0.01 A$14,850
09. Jul 18 Buy Jihad Malaeb Individual 20. Mar 18 19. Jun 18 1,131,627 A$0.10 A$59,834
X
Management checks
We assess Force Commodities'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. Force Commodities 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

Should You Take Comfort From Insider Transactions At Force Commodities Limited (ASX:4CE)?

So we'll take a look at whether insiders have been buying or selling shares in Force Commodities Limited (ASX:4CE). … Insider Ownership of Force Commodities Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. … Our data indicates that Force Commodities insiders own about AU$381k worth of shares (which is 7.5% of the company).

Simply Wall St -

Imagine Owning Force Commodities (ASX:4CE) And Taking A 98% Loss Square On The Chin

For example, we sympathize with anyone who was caught holding Force Commodities Limited (ASX:4CE) during the five years that saw its share price drop a whopping 98%. … It seems likely some shareholders believe that Force Commodities will find or develop a valuable new mine before too long. … Force Commodities had net cash of just AU$2.6k when it last reported (December 2018).

Simply Wall St -

Could The Force Commodities Limited (ASX:4CE) Ownership Structure Tell Us Something Useful?

A look at the shareholders of Force Commodities Limited (ASX:4CE) can tell us which group is most powerful. … With a market capitalization of AU$3.8m, Force Commodities is a small cap stock, so it might not be well known by many institutional investors. … See our latest analysis for Force Commodities

Simply Wall St -

How Many Insiders Bought Force Commodities Limited (ASX:4CE) Shares?

So shareholders might well want to know whether insiders have been buying or selling shares in Force Commodities Limited (ASX:4CE). … Happily, we note that in the last year insiders bought 2.48m shares for a total of AU$75k. … In total, Force Commodities insiders bought more than they sold over the last year

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Should You Be Concerned About Force Commodities Limited's (ASX:4CE) Historical Volatility?

Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market. … In comparison a stock with a beta of over one tends to be move in a similar direction to the market in the long term, but with greater changes in price.

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Who Has Been Buying Force Commodities Limited (ASX:4CE) Shares?

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. … So we'll take a look at whether insiders have been buying or selling shares in Force Commodities Limited (ASX:4CE). … The Last 12 Months Of Insider Transactions At Force Commodities

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Does Force Commodities Limited (ASX:4CE) Have A Particularly Volatile Share Price?

Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … 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.

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What Investors Should Know About Force Commodities Limited's (ASX:4CE) Financial Strength

The direct benefit for Force Commodities Limited (ASX:4CE), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … Does 4CE's growth rate justify its decision for financial flexibility over lower cost of capital … Debt capital generally has lower cost of capital compared to equity funding.

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Force Commodities Limited (ASX:4CE): Is Now The Time To Bet On Basic Materials?

Below, I will examine the sector growth prospects, and also determine whether 4CE is a laggard or leader relative to its basic materials sector peers. … In the previous year, the industry saw growth of 6.76%, though still underperforming the wider Australian stock market. … ASX:4CE PE PEG Gauge Dec 8th 17 The metals and mining industry is trading at a PE ratio of 15x, relatively similar to the rest of the Australian stock market PE of 17x.

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Force Commodities Limited (ASX:4CE)'s Earnings Grew 43.9%, Is It Enough?

Measuring Force Commodities Limited's (ASX:4CE) track record of past performance is a valuable exercise for investors. … Check out our latest analysis for Force Commodities Commentary On 4CE's Past Performance For the purpose of this commentary, I like to use data from the most recent 12 months, which either annualizes the most recent 6-month earnings update, or in some cases, the most recent annual report is already the latest available financial data. … For Force Commodities, the most recent earnings -A$5M, which, relative to last year’s figure, has become less negative.

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Company Info

Description

Force Commodities Limited explores for and develops mineral projects in Australia and the Democratic Republic of Congo (DRC). The company explores for lithium, zinc, lead, copper, silver, tin, and tantalum, as well as gold deposits. Its principal properties include the Kitotolo Lithium project comprising 1 mining license and 1 exploration license covering approximately 400 square kilometers of area; and Kanuka Lithium Production project comprising 1 mining license and 1 exploration license covering 194 square kilometers located in Manono – Kitotolo region of DRC. The company was formerly known as Sovereign Gold Company Limited and changed its name to Force Commodities Limited in January 2017. Force Commodities Limited was incorporated in 2010 and is based in Perth, Australia.

Details
Name: Force Commodities Limited
4CE
Exchange: ASX
Founded: 2010
A$5,097,452
463,404,757
Website: http://www.forcecommodities.com.au
Address: Force Commodities Limited
20 Kings Park Road,
Ground Floor,
Perth,
Western Australia, 6005,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX 4CE Ordinary Shares Australian Securities Exchange AU AUD 03. Dec 2010
DB 9S7 Ordinary Shares Deutsche Boerse AG DE EUR 03. Dec 2010
Number of employees
Current staff
Staff numbers
0
Force Commodities employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/18 10:35
End of day share price update: 2019/06/17 00:00
Last earnings filing: 2019/03/31
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


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.