ASX:AEV

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Avenira Limited, together with its subsidiaries, engages in the exploration and development of mineral deposits in Australia. More Details


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-4.5%

AEV

1.0%

AU Metals and Mining

0.3%

AU Market


1 Year Return

200.0%

AEV

15.6%

AU Metals and Mining

-5.4%

AU Market

Return vs Industry: AEV exceeded the Australian Metals and Mining industry which returned 15.6% over the past year.

Return vs Market: AEV exceeded the Australian Market which returned -5.4% over the past year.


Shareholder returns

AEVIndustryMarket
7 Day-4.5%1.0%0.3%
30 Day16.7%0.2%6.3%
90 Day75.0%0.2%3.7%
1 Year224.0%200.0%21.0%15.6%-2.1%-5.4%
3 Year-54.1%-58.0%60.1%38.3%18.3%3.3%
5 Year-79.1%-80.9%136.1%91.3%43.1%14.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

1.23x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: AEV is good value based on its PB Ratio (1.2x) compared to the AU Metals and Mining industry average (2.7x).


Next Steps

Future Growth

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

3.1%

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 Avenira 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 Avenira performed over the past 5 years?

56.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AEV is currently unprofitable.

Growing Profit Margin: AEV is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AEV is unprofitable, but has reduced losses over the past 5 years at a rate of 56.9% per year.

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

Earnings vs Industry: AEV is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (22.2%).


Return on Equity

High ROE: AEV has a negative Return on Equity (-45.04%), as it is currently unprofitable.


Next Steps

Financial Health

How is Avenira's financial position?


Financial Position Analysis

Short Term Liabilities: AEV's short term assets (A$1.4M) exceed its short term liabilities (A$403.3K).

Long Term Liabilities: AEV's short term assets (A$1.4M) do not cover its long term liabilities (A$1.8M).


Debt to Equity History and Analysis

Debt Level: AEV is debt free.

Reducing Debt: AEV had no debt 5 years ago.


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: AEV has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.

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


Next Steps

Dividend

What is Avenira current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

1.0yrs

Average board tenure


CEO

Brett Clark (57 yo)

0.83

Tenure

AU$560,150

Compensation

Mr. Brett David Clark, B Eng. Dip (Finance), served as Managing Director of Ardea Resources Limited from April 3, 2018 to June 30, 2018 and served as its Chief Executive Officer since April 2018 until June ...


CEO Compensation Analysis

Compensation vs Market: Brett's total compensation ($USD398.70K) is above average for companies of similar size in the Australian market ($USD274.65K).

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


Board Members

NamePositionTenureCompensationOwnership
Brett Clark
Executive Chairman & CEO0.83yrAU$560.15kno data
Kevin Dundo
Non-Executive Director1yrAU$151.80k0.72%
A$ 118.7k
Tak Lai Hadad
Non-Executive Director1yrAU$151.80kno data

1.0yrs

Average Tenure

Experienced Board: AEV's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: AEV insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Avenira Limited
  • Ticker: AEV
  • Exchange: ASX
  • Founded: 2005
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$16.394m
  • Shares outstanding: 862.85m
  • Website: https://www.avenira.com

Location

  • Avenira Limited
  • 100 Mill Point Road
  • Suite 6
  • South Perth
  • Western Australia
  • 6151
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AEVASX (Australian Securities Exchange)YesOrdinary SharesAUAUDOct 2006
MMMK.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDOct 2006
AEVCHIA (Chi-X Australia)YesOrdinary SharesAUAUDOct 2006
WTPDB (Deutsche Boerse AG)YesOrdinary SharesDEEUROct 2006

Biography

Avenira Limited, together with its subsidiaries, engages in the exploration and development of mineral deposits in Australia. The company holds 100% interests in the Wonarah phosphate project located in th ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/22 10:36
End of Day Share Price2020/10/22 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.