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A4N

Alpha HPAASX:A4N Stock Report

Market Cap

AU$404.1m

7D

12.1%

1Y

112.5%

Updated

27 Sep, 2021

Data

Company Financials +
A4N fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance0/6
Financial Health5/6
Dividends0/6

A4N Overview

Alpha HPA Limited engages in the evaluation, exploration, and development of mineral properties.

Price History & Performance

Summary of all time highs, changes and price drops for Alpha HPA
Historical stock prices
Current Share PriceAU$0.51
52 Week HighAU$0.23
52 Week LowAU$0.68
Beta1.22
1 Month Change9.68%
3 Month Change-8.11%
1 Year Change112.50%
3 Year Change325.00%
5 Year Change4,150.00%
Change since IPO112.50%

Recent News & Updates

Sep 27
Estimating The Intrinsic Value Of Alpha HPA Limited (ASX:A4N)

Estimating The Intrinsic Value Of Alpha HPA Limited (ASX:A4N)

Does the September share price for Alpha HPA Limited ( ASX:A4N ) reflect what it's really worth? Today, we will...

Aug 20
Is Alpha HPA (ASX:A4N) In A Good Position To Invest In Growth?

Is Alpha HPA (ASX:A4N) In A Good Position To Invest In Growth?

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...

Shareholder Returns

A4NAU Metals and MiningAU Market
7D12.1%-2.6%-0.8%
1Y112.5%12.3%25.3%

Return vs Industry: A4N exceeded the Australian Metals and Mining industry which returned 12.3% over the past year.

Return vs Market: A4N exceeded the Australian Market which returned 25.3% over the past year.

Price Volatility

Is A4N's price volatile compared to industry and market?
A4N volatility
A4N Beta1.22
Industry Beta0.96
Market Beta1

Stable Share Price: A4N is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: A4N's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2003n/aRimas Kairaitishttps://www.alphahpa.com.au

Alpha HPA Limited engages in the evaluation, exploration, and development of mineral properties. It primarily explores for high purity alumina (HPA), gold, and copper deposits. The company holds interests in the HPA First project located in Gladstone, Queensland; and the Wonogiri project situated in central Java, Indonesia.

Alpha HPA Fundamentals Summary

How do Alpha HPA's earnings and revenue compare to its market cap?
A4N fundamental statistics
Market CapAU$404.07m
Earnings (TTM)-AU$16.27m
Revenue (TTM)n/a

0x

P/S Ratio

-24.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
A4N income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$16.27m
Earnings-AU$16.27m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.021
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did A4N perform over the long term?

See historical performance and comparison

Valuation

Is Alpha HPA undervalued compared to its fair value and its price relative to the market?

8.04x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: A4N (A$0.51) is trading above our estimate of fair value (A$0.44)

Significantly Below Fair Value: A4N is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: A4N is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: A4N 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 A4N's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: A4N is overvalued based on its PB Ratio (8x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Alpha HPA forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

106.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: A4N is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: A4N is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: A4N's is expected to become profitable in the next 3 years.

Revenue vs Market: A4N is forecast to have no revenue next year.

High Growth Revenue: A4N is forecast to have no revenue next year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: A4N's Return on Equity is forecast to be high in 3 years time (39.9%)


Past Performance

How has Alpha HPA performed over the past 5 years?

-47.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: A4N is currently unprofitable.

Growing Profit Margin: A4N is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: A4N is unprofitable, and losses have increased over the past 5 years at a rate of 47.2% per year.

Accelerating Growth: Unable to compare A4N's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: A4N is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (44.4%).


Return on Equity

High ROE: A4N has a negative Return on Equity (-32.45%), as it is currently unprofitable.


Financial Health

How is Alpha HPA's financial position?


Financial Position Analysis

Short Term Liabilities: A4N's short term assets (A$51.0M) exceed its short term liabilities (A$1.7M).

Long Term Liabilities: A4N's short term assets (A$51.0M) exceed its long term liabilities (A$2.4K).


Debt to Equity History and Analysis

Debt Level: A4N is debt free.

Reducing Debt: A4N has not had any debt for past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: A4N has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: A4N has less than a year of cash runway if free cash flow continues to reduce at historical rates of 25.9% each year


Dividend

What is Alpha HPA current dividend yield, its reliability and sustainability?

5.88%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate A4N's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate A4N's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if A4N's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if A4N'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 A4N'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?

3.1yrs

Average management tenure


CEO

Rimas Kairaitis

3.08yrs

Tenure

AU$1,045,423

Compensation

Mr. Rimas Kairaitis has been Managing Director of Alpha HPA Limited (formerly known as Collerina Cobalt Limited) since August 23, 2018 and its Director since November 1, 2017. He is a Technical Director at...


CEO Compensation Analysis

Compensation vs Market: Rimas's total compensation ($USD757.61K) is above average for companies of similar size in the Australian market ($USD532.22K).

Compensation vs Earnings: Rimas's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: A4N's management team is considered experienced (3.1 years average tenure).


Board Members

Experienced Board: A4N's board of directors are considered experienced (7.3 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 16.4%.


Top Shareholders

Company Information

Alpha HPA Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Alpha HPA Limited
  • Ticker: A4N
  • Exchange: ASX
  • Founded: 2003
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$404.065m
  • Shares outstanding: 792.28m
  • Website: https://www.alphahpa.com.au

Location

  • Alpha HPA Limited
  • 66 Hunter Street
  • Level 2
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/27 15:42
End of Day Share Price2021/09/27 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.