Executive Summary
Allegiance Coal Limited engages in the acquisition, exploration, and development of metallurgical coal tenements.
Rewards
Risk Analysis
Snowflake Analysis
Exceptional growth potential with excellent balance sheet.
Share Price & News
How has Allegiance Coal's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AHQ's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
0%
AHQ
0.1%
AU Metals and Mining
5.1%
AU Market
1 Year Return
-29.0%
AHQ
1.7%
AU Metals and Mining
-9.4%
AU Market
Return vs Industry: AHQ underperformed the Australian Metals and Mining industry which returned 2% over the past year.
Return vs Market: AHQ underperformed the Australian Market which returned -10.6% over the past year.
Shareholder returns
| AHQ | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 0.1% | 5.1% |
| 30 Day | 9.2% | 13.3% | 11.1% |
| 90 Day | -38.3% | 7.8% | -9.3% |
| 1 Year | -29.0%-29.0% | 7.1%1.7% | -5.7%-9.4% |
| 3 Year | 208.7%208.7% | 63.6%41.2% | 14.4%-0.8% |
| 5 Year | 57.8%57.8% | 92.3%53.7% | 30.9%2.7% |
Price Volatility Vs. Market
How volatile is Allegiance Coal's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Does Allegiance Coal Limited's (ASX:AHQ) CEO Pay Compare Well With Peers?2 months ago | Simply Wall St
Investors Who Bought Allegiance Coal (ASX:AHQ) Shares Three Years Ago Are Now Up 285%4 months ago | Simply Wall St
What Percentage Of Allegiance Coal Limited (ASX:AHQ) Shares Do Insiders Own?Valuation
Is Allegiance Coal undervalued compared to its fair value and its price relative to the market?
2.59x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate AHQ's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate AHQ's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: AHQ is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: AHQ 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 AHQ's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AHQ is overvalued based on its PB Ratio (2.6x) compared to the AU Metals and Mining industry average (1.5x).
Next Steps
Future Growth
How is Allegiance Coal forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
111.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AHQ is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.3%).
Earnings vs Market: AHQ is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: AHQ's is expected to become profitable in the next 3 years.
Revenue vs Market: AHQ's revenue (118.3% per year) is forecast to grow faster than the Australian market (4.5% per year).
High Growth Revenue: AHQ's revenue (118.3% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AHQ's Return on Equity is forecast to be high in 3 years time (34.5%)
Next Steps
Past Performance
How has Allegiance Coal performed over the past 5 years?
-22.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AHQ is currently unprofitable.
Growing Profit Margin: AHQ is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AHQ is unprofitable, and losses have increased over the past 5 years at a rate of -22.9% per year.
Accelerating Growth: Unable to compare AHQ's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AHQ is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-7.9%).
Return on Equity
High ROE: AHQ has a negative Return on Equity (-40.11%), as it is currently unprofitable.
Next Steps
Financial Health
How is Allegiance Coal's financial position?
Financial Position Analysis
Short Term Liabilities: AHQ's short term assets (A$1.6M) do not cover its short term liabilities (A$1.9M).
Long Term Liabilities: AHQ's short term assets (A$1.6M) exceed its long term liabilities (A$1.4M).
Debt to Equity History and Analysis
Debt Level: AHQ's debt to equity ratio (13.6%) is considered satisfactory.
Reducing Debt: AHQ's debt to equity ratio has reduced from 66.8% to 13.6% over the 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: AHQ has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: AHQ is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.
Next Steps
Dividend
What is Allegiance Coal's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AHQ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AHQ'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 AHQ's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AHQ'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 AHQ'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?
2.4yrs
Average board tenure
CEO
Mark Gray
3yrs
Tenure
AU$401,335
Compensation
Mr. Mark Gray, LLB has been the Managing Director of Allegiance Coal Limited since May 2017 and its Chairman since May 2019. Mr. Gray Founded Telkwa Coal Limited and serves as its Managing Director. Mr. Gr ...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($USD264.14K) is about average for companies of similar size in the Australian market ($USD252.41K).
Compensation vs Earnings: Mark's compensation has increased whilst the company is unprofitable.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 3yrs | AU$401.34k | 4.14% A$1.8m | |
| Finance Director | 3.75yrs | AU$180.00k | 0.30% A$129.0k | |
| Independent Non-Executive Director | 0.83yr | no data | no data | |
| Independent Non-Executive Director | 3.75yrs | AU$36.00k | no data |
2.4yrs
Average Tenure
Experienced Board: AHQ's board of directors are not considered experienced ( 2.4 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: 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 18.8%.
Top Shareholders
Company Information
Allegiance Coal Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Allegiance Coal Limited
- Ticker: AHQ
- Exchange: ASX
- Founded: 2011
- Industry: Steel
- Sector: Materials
- Market Cap: AU$43.130m
- Shares outstanding: 607.46m
- Website: https://www.allegiancecoal.com.au
Location
- Allegiance Coal Limited
- 109 Pitt Street
- Suite 107
- Sydney
- New South Wales
- 2000
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| AHQ | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | May 2012 |
| AHQ | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | May 2012 |
Biography
Allegiance Coal Limited engages in the acquisition, exploration, and development of metallurgical coal tenements. Its principal project is the Telkwa metallurgical coal project located in the north west of British Columbia, Canada. The company was incorporated in 2011 and is headquartered in Sydney, Australia.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/05/28 10:40 |
| End of Day Share Price | 2020/05/28 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/06/30 |
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.