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AHQ

Allegiance CoalASX:AHQ Stock Report

Market Cap

AU$161.1m

7D

-15.4%

1Y

61.1%

Updated

22 Oct, 2021

Data

Company Financials
AHQ fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

AHQ Overview

Allegiance Coal Limited engages in the acquisition, exploration, and development of coal tenements.

Price History & Performance

Summary of all time highs, changes and price drops for Allegiance Coal
Historical stock prices
Current Share PriceAU$0.51
52 Week HighAU$0.24
52 Week LowAU$0.78
Beta0.64
1 Month Change-18.15%
3 Month Change-30.48%
1 Year Change61.11%
3 Year Change81.25%
5 Year Change125.56%
Change since IPO-83.08%

Recent News & Updates

Feb 18
How Should Investors Feel About Allegiance Coal's (ASX:AHQ) CEO Remuneration?

How Should Investors Feel About Allegiance Coal's (ASX:AHQ) CEO Remuneration?

Mark Gray has been the CEO of Allegiance Coal Limited ( ASX:AHQ ) since 2017, and this article will examine the...

Dec 27
Should You Take Comfort From Insider Transactions At Allegiance Coal Limited (ASX:AHQ)?

Should You Take Comfort From Insider Transactions At Allegiance Coal Limited (ASX:AHQ)?

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On...

Shareholder Returns

AHQAU Metals and MiningAU Market
7D-15.4%-0.3%0.7%
1Y61.1%12.5%21.4%

Return vs Industry: AHQ exceeded the Australian Metals and Mining industry which returned 12.5% over the past year.

Return vs Market: AHQ exceeded the Australian Market which returned 21.4% over the past year.

Price Volatility

Is AHQ's price volatile compared to industry and market?
AHQ volatility
AHQ Beta0.64
Industry Beta0.97
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
2011n/aMark Grayhttps://www.allegiancecoal.com.au

Allegiance Coal Limited engages in the acquisition, exploration, and development of coal tenements. It holds interests in the New Elk metallurgical coal project located in Las Animas County, in southeast Colorado; Telkwa metallurgical coal project located in British Columbia, Canada; and the Kilmain Project located in the Bowen Basin. The company was incorporated in 2011 and is based in Sydney, Australia.

Allegiance Coal Fundamentals Summary

How do Allegiance Coal's earnings and revenue compare to its market cap?
AHQ fundamental statistics
Market CapAU$161.11m
Earnings (TTM)-AU$15.80m
Revenue (TTM)AU$97.32k

1.8kx

P/S Ratio

-10.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AHQ income statement (TTM)
RevenueAU$97.32k
Cost of RevenueAU$9.14m
Gross Profit-AU$9.05m
ExpensesAU$6.76m
Earnings-AU$15.80m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.048
Gross Margin-9,295.10%
Net Profit Margin-16,239.27%
Debt/Equity Ratio63.5%

How did AHQ perform over the long term?

See historical performance and comparison

Valuation

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

2.85x

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 Australian 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 (2.9x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

-0.07%

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 Allegiance Coal 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 Allegiance Coal performed over the past 5 years?

-44.9%

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 44.9% 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 (35.3%).


Return on Equity

High ROE: AHQ has a negative Return on Equity (-26.55%), as it is currently unprofitable.


Financial Health

How is Allegiance Coal's financial position?


Financial Position Analysis

Short Term Liabilities: AHQ's short term assets (A$20.8M) exceed its short term liabilities (A$16.7M).

Long Term Liabilities: AHQ's short term assets (A$20.8M) do not cover its long term liabilities (A$34.5M).


Debt to Equity History and Analysis

Debt Level: AHQ's debt to equity ratio (63.5%) is considered high.

Reducing Debt: AHQ had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


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 less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: AHQ has less than a year of cash runway if free cash flow continues to reduce at historical rates of 49.9% each year


Dividend

What is Allegiance Coal 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?

4.4yrs

Average management tenure


CEO

Mark Gray

4.42yrs

Tenure

AU$567,014

Compensation

Mr. Mark Gray, LLB has been the Managing Director of Allegiance Coal Limited since May 2017 and its Executive Chairman since May 2019. Mr. Gray Founded Telkwa Coal Limited and serves as its Managing Direct...


CEO Compensation Analysis

Compensation vs Market: Mark's total compensation ($USD424.63K) is above average for companies of similar size in the Australian market ($USD303.33K).

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


Leadership Team

Experienced Management: AHQ's management team is considered experienced (4.4 years average tenure).


Board Members

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 substantially diluted in the past year, with total shares outstanding growing by 165.6%.


Top Shareholders

Company Information

Allegiance Coal Limited's 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$161.110m
  • Shares outstanding: 328.80m
  • Website: https://www.allegiancecoal.com.au

Location

  • Allegiance Coal Limited
  • 109 Pitt Street
  • Suite 107
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 07:01
End of Day Share Price2021/10/22 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.