Australian Bauxite Limited engages in the exploration, development, and production of bauxite resources in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.12|
|52 Week High||AU$0.089|
|52 Week Low||AU$0.15|
|1 Month Change||-11.54%|
|3 Month Change||9.52%|
|1 Year Change||9.52%|
|3 Year Change||0%|
|5 Year Change||-36.11%|
|Change since IPO||-62.90%|
Recent News & Updates
|ABX||AU Metals and Mining||AU Market|
Return vs Industry: ABX underperformed the Australian Metals and Mining industry which returned 10.8% over the past year.
Return vs Market: ABX underperformed the Australian Market which returned 21.3% over the past year.
Stable Share Price: ABX is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: ABX's weekly volatility (11%) has been stable over the past year.
About the Company
Australian Bauxite Limited engages in the exploration, development, and production of bauxite resources in Australia. It holds interests in 10 bauxite tenements covering an area of approximately 321 square kilometers located in New South Wales, Queensland, and Tasmania; and Bald Hill bauxite mine project at Campbell Town in northern Tasmania. The company was incorporated in 2009 and is based in Sydney, Australia.
Australian Bauxite Fundamentals Summary
|ABX fundamental statistics|
Is ABX overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ABX income statement (TTM)|
|Cost of Revenue||-AU$232.00k|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.004|
|Net Profit Margin||-32.95%|
How did ABX perform over the long term?See historical performance and comparison
Is Australian Bauxite undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate ABX's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ABX's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ABX is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: ABX 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 ABX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ABX is good value based on its PB Ratio (1.2x) compared to the AU Metals and Mining industry average (2.6x).
How is Australian Bauxite forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials 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 Australian Bauxite 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.
How has Australian Bauxite performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ABX is currently unprofitable.
Growing Profit Margin: ABX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ABX is unprofitable, and losses have increased over the past 5 years at a rate of 24.1% per year.
Accelerating Growth: Unable to compare ABX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ABX is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).
Return on Equity
High ROE: ABX has a negative Return on Equity (-4.29%), as it is currently unprofitable.
How is Australian Bauxite's financial position?
Financial Position Analysis
Short Term Liabilities: ABX's short term assets (A$3.7M) exceed its short term liabilities (A$1.5M).
Long Term Liabilities: ABX's short term assets (A$3.7M) exceed its long term liabilities (A$146.0K).
Debt to Equity History and Analysis
Debt Level: ABX is debt free.
Reducing Debt: ABX has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ABX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ABX has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 12.9% each year.
What is Australian Bauxite current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ABX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ABX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ABX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ABX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ABX's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Ian Levy (68 yo)
Mr. Ian Warwick Levy, BSc (Hons), MSc (Dist), DIC, FAusIMM, FAIG, has been Chief Executive Officer and Managing Director of Australian Bauxite Limited since September 23, 2009. Mr. Levy served as a General...
CEO Compensation Analysis
Compensation vs Market: Ian's total compensation ($USD218.33K) is about average for companies of similar size in the Australian market ($USD302.38K).
Compensation vs Earnings: Ian's compensation has been consistent with company performance over the past year.
Experienced Board: ABX's board of directors are considered experienced (9.3 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 21.7%.
Australian Bauxite Limited's employee growth, exchange listings and data sources
- Name: Australian Bauxite Limited
- Ticker: ABX
- Exchange: ASX
- Founded: 2009
- Industry: Aluminum
- Sector: Materials
- Market Cap: AU$21.022m
- Shares outstanding: 182.80m
- Website: https://www.australianbauxite.com.au
- Australian Bauxite Limited
- 52 Phillip Street
- Level 5
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 16:53|
|End of Day Share Price||2021/10/25 00:00|
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.