ASX:AEV

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Fair value with mediocre balance sheet.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

AEV

-3.4%

AU Metals and Mining

0.4%

AU Market


1 Year Return

-61.1%

AEV

7.9%

AU Metals and Mining

9.8%

AU Market

Return vs Industry: AEV underperformed the Australian Metals and Mining industry which returned 7.9% over the past year.

Return vs Market: AEV underperformed the Australian Market which returned 9.8% over the past year.


Shareholder returns

AEVIndustryMarket
7 Day0%-3.4%0.4%
30 Day0%-7.4%-0.7%
90 Day0%-12.1%-0.6%
1 Year-61.1%-61.1%15.3%7.9%16.1%9.8%
3 Year-96.4%-96.4%55.7%37.0%36.1%17.9%
5 Year-91.1%-91.3%53.8%18.9%49.4%15.8%

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?

1.45x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: AEV is good value based on its PE Ratio (1.4x) compared to the Metals and Mining industry average (12.9x).

PE vs Market: AEV is good value based on its PE Ratio (1.4x) compared to the Australian market (18.3x).


Price to Earnings Growth Ratio

Low 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 (0.4x) compared to the AU Metals and Mining industry average (1.5x).


Next Steps

Future Growth

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

3.0%

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?

18.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: AEV has become profitable over the past 5 years, growing earnings by 18.7% per year.

Accelerating Growth: AEV has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: AEV has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (1.3%).


Return on Equity

High ROE: AEV's Return on Equity (-18.7%) is considered low.


Return on Assets

ROA vs Industry: AEV has a higher Return on Assets than the Metals and Mining industry average last year.


Return on Capital Employed

ROCE Improving: AEV is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Avenira's financial position?


Financial Position Analysis

Short Term Liabilities: AEV's short term assets (A$25.4M) exceeds its short term liabilities (A$15.1M)

Long Term Liabilities: AEV's short term assets (25.4M) exceeds its long term liabilities (1.3M)


Debt to Equity History and Analysis

Debt Level: AEV's debt to equity ratio (8%) is considered satisfactory

Reducing Debt: Insufficient data to determine if AEV's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: AEV's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if AEV's interest payments on its debt are well covered by EBIT.


Balance Sheet

Inventory Level: AEV has a high level of physical assets or inventory.

Debt Coverage by Assets: AEV's debt is covered by short term assets (assets are 19.289710x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.4%markettop25%5.6%industryaverage4.9%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

What is the CEO of Avenira's salary, the management and board of directors tenure and is there insider trading?

2.6yrs

Average board tenure


CEO

Avenira has no CEO, or we have no data on them.


Board Age and Tenure

2.6yrs

Average Tenure

Experienced Board: AEV's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Graeme Smith

    Company Secretary

    • Tenure: 0.2yrs

Board Members

  • Louis Calvarin (55yo)

    Non-Executive Director

    • Tenure: 2.6yrs
    • Compensation: AU$505.68k
  • Timothy Cotton

    Non-Executive Director

    • Tenure: 4.1yrs
    • Compensation: AU$60.00k
  • Brett Clark (56yo)

    Independent Non-Executive Chairman

    • Tenure: 1.6yrs
    • Compensation: AU$254.71k

Company Information

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


Key Information

  • Name: Avenira Limited
  • Ticker: AEV
  • Exchange: ASX
  • Founded:
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$7.410m
  • Shares outstanding: 1.06b
  • Website: https://www.avenira.com

Location

  • Avenira Limited
  • 6-8 Broadway
  • Level 1
  • Crawley
  • Western Australia
  • 6009
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AEVASX (Australian Securities Exchange)NPVAUAUDNo data
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 and Africa. The company’s flagship asset is the Baobab phosphate project located ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/18 10:33
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.