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ADN

Andromeda MetalsASX:ADN Stock Report

Market Cap

AU$504.2m

7D

32.3%

1Y

46.4%

Updated

16 Oct, 2021

Data

Company Financials
ADN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

ADN Overview

Andromeda Metals Limited, together with its subsidiaries, operates as a mineral exploration company in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Andromeda Metals
Historical stock prices
Current Share PriceAU$0.20
52 Week HighAU$0.13
52 Week LowAU$0.45
Beta-0.18
1 Month Change32.26%
3 Month Change24.24%
1 Year Change46.43%
3 Year Change3,316.67%
5 Year Change1,205.07%
Change since IPO-6.04%

Recent News & Updates

Mar 14
We Think Andromeda Metals (ASX:ADN) Needs To Drive Business Growth Carefully

We Think Andromeda Metals (ASX:ADN) Needs To Drive Business Growth Carefully

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...

Shareholder Returns

ADNAU Metals and MiningAU Market
7D32.3%4.3%0.9%
1Y46.4%12.2%20.2%

Return vs Industry: ADN exceeded the Australian Metals and Mining industry which returned 12.2% over the past year.

Return vs Market: ADN exceeded the Australian Market which returned 20.2% over the past year.

Price Volatility

Is ADN's price volatile compared to industry and market?
ADN volatility
ADN Beta-0.18
Industry Beta0.97
Market Beta1

Stable Share Price: ADN is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: ADN's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1993n/aJames Marshhttps://www.andromet.com.au

Andromeda Metals Limited, together with its subsidiaries, operates as a mineral exploration company in Australia. The company explores for halloysite, gold, and copper deposits. Its primary project is the Great White Kaolin project located in the Eyre Peninsula in South Australia.

Andromeda Metals Fundamentals Summary

How do Andromeda Metals's earnings and revenue compare to its market cap?
ADN fundamental statistics
Market CapAU$504.19m
Earnings (TTM)-AU$6.44m
Revenue (TTM)n/a

0x

P/S Ratio

-78.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ADN income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$6.44m
Earnings-AU$6.44m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0026
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did ADN perform over the long term?

See historical performance and comparison

Valuation

Is Andromeda Metals undervalued compared to its fair value and its price relative to the market?

30.6x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: ADN is overvalued based on its PB Ratio (30.6x) compared to the AU Metals and Mining industry average (2.5x).


Future Growth

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

-0.2%

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 Andromeda Metals 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.


Past Performance

How has Andromeda Metals performed over the past 5 years?

8.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ADN is currently unprofitable.

Growing Profit Margin: ADN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ADN is unprofitable, but has reduced losses over the past 5 years at a rate of 8.9% per year.

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

Earnings vs Industry: ADN 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: ADN has a negative Return on Equity (-39.08%), as it is currently unprofitable.


Financial Health

How is Andromeda Metals's financial position?


Financial Position Analysis

Short Term Liabilities: ADN's short term assets (A$5.8M) exceed its short term liabilities (A$1.2M).

Long Term Liabilities: ADN's short term assets (A$5.8M) exceed its long term liabilities (A$1.9M).


Debt to Equity History and Analysis

Debt Level: ADN is debt free.

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

Forecast Cash Runway: ADN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 21% each year


Dividend

What is Andromeda Metals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate ADN'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 ADN's dividends per share have been stable in the past.

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

1.3yrs

Average management tenure


CEO

James Marsh

3.42yrs

Tenure

AU$845,638

Compensation

Mr. James E. Marsh, BSc (Hons), MAusIMM, serves as the Managing Director and Director at Andromeda Metals Ltd. since May 30, 2018. Mr. Marsh served as General Manager of Industrial Minerals at Minotaur fro...


CEO Compensation Analysis

Compensation vs Market: James's total compensation ($USD627.65K) is about average for companies of similar size in the Australian market ($USD735.46K).

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


Leadership Team

Experienced Management: ADN's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: ADN's board of directors are considered experienced (3.4 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 37.8%.


Top Shareholders

Company Information

Andromeda Metals Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Andromeda Metals Limited
  • Ticker: ADN
  • Exchange: ASX
  • Founded: 1993
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$504.186m
  • Shares outstanding: 2.46b
  • Website: https://www.andromet.com.au

Location

  • Andromeda Metals Limited
  • 69 King William Road
  • Unley
  • South Australia
  • 5061
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/16 07:01
End of Day Share Price2021/10/15 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.