Aeris Resources Limited

ASX:AIS Stock Report

Market Cap: AU$460.9m

Aeris Resources Past Earnings Performance

Past criteria checks 5/6

Aeris Resources's earnings have been declining at an average annual rate of -3.6%, while the Metals and Mining industry saw earnings growing at 15.2% annually. Revenues have been growing at an average rate of 9.5% per year. Aeris Resources's return on equity is 14%, and it has net margins of 10.8%.

Key information

-3.60%

Earnings growth rate

-31.09%

EPS growth rate

Metals and Mining Industry Growth22.33%
Revenue growth rate9.53%
Return on equity14.04%
Net Margin10.76%
Last Earnings Update31 Dec 2025

Recent past performance updates

Recent updates

AIS: Higher Future P/E And Stable Fair Value Will Support Upside

Analysts have adjusted their price target on Aeris Resources to A$0.90 from A$0.90, reflecting updated assumptions for discount rate, revenue growth, profit margin and future P/E that leave their overall valuation view essentially unchanged. Valuation Changes Fair Value: A$0.90 remains unchanged, indicating no shift in the overall valuation outcome.

AIS: Higher Revenue Outlook And Solid Margins Will Support Future Re Rating

Analysts have trimmed their fair value estimate for Aeris Resources from A$0.79 to A$0.76, reflecting updated assumptions for discount rate, revenue growth, profit margins and future P/E. Valuation Changes Fair Value: Trimmed slightly from A$0.79 to A$0.76 per share, based on the updated model inputs.

AIS: Refined Assumptions And Higher Future P/E Will Support Upside

Analysts have adjusted their price targets for Aeris Resources slightly, keeping fair value metrics broadly steady while reflecting marginally lower assumed revenue growth, a small reduction in the discount rate, and a higher future P/E. Together, these changes refine, rather than overhaul, prior valuation views on the stock.

AIS: Recent Equity Raise Will Support Higher Margins And Re rating Potential

Analysts have maintained Aeris Resources' fair value estimate at A$0.79 per share while making modest adjustments to underlying assumptions, including the discount rate, revenue growth, profit margin and future P/E. These changes reflect updated views on the balance between risk, earnings potential and valuation.

AIS: Recent Equity Raise Will Support Higher Margins And Share Upside

Analysts have revised their price target on Aeris Resources higher to A$0.79 from A$0.62, citing updated assumptions that include a fair value of 0.79x, a discount rate of 8.07%, revenue growth of 6.99%, a profit margin of 36.90% and a forward P/E of 5.46x. What's in the News Aeris Resources completed a follow-on equity offering of A$21.586 million in Ordinary Shares, providing additional capital to the business (Key Developments).

AIS: Equity Raise And Improved Margins Will Support Future Upside

Analysts have lifted their fair value estimate for Aeris Resources from A$0.82 to A$0.90, citing updated assumptions around revenue growth, profit margins and future P/E that feed into a slightly higher discount rate. What's in the News Aeris Resources completed a follow on equity offering totaling A$21.586 million in new capital (Key Developments) The offering involved 47,968,834 ordinary shares issued as common stock (Key Developments) The shares in the offering were priced at A$0.45 each (Key Developments) Valuation Changes Fair Value: increased from A$0.82 to A$0.90 per share, reflecting a modest uplift in the overall valuation range.

AIS: Equity Offering And Higher Future P/E Will Shape Balanced Outlook

Analysts have nudged their fair value estimate for Aeris Resources from A$0.58 to about A$0.60, reflecting updated views on discount rates, revenue trends and expected future P/E, while keeping profit margin assumptions broadly steady. What's in the News Aeris Resources completed a follow on equity offering totaling A$21.6m in ordinary shares.

AIS: Equity Raisings And Higher Future P/E Will Shape Balanced Outlook

Analysts have lifted their price target on Aeris Resources from A$0.22 to A$0.58, citing a higher assumed future P/E and updated views on discount rates, revenue trends and profit margins as key drivers of the revision. What's in the News Aeris Resources completed a follow on equity offering of A$21.586m in ordinary shares, issuing 47,968,834 shares at A$0.45 per share (company filing).

AIS: Equity Raises And Higher P/E Assumptions Will Support Future Upside

Analysts have raised their price target for Aeris Resources from A$0.66 to A$0.82, based on updated assumptions that include slightly higher discount rates, stronger revenue growth, a modestly lower profit margin, and a higher future P/E multiple. What's in the News Aeris Resources completed a follow on equity offering of A$21.586m in ordinary shares, issuing 47,968,834 shares at A$0.45 per share (Key Developments).

AIS: Equity Raise May Support Stronger Future Profit Margins

Analysts have significantly raised their price target on Aeris Resources from A0.35 to A0.66, citing improved revenue growth expectations, stronger projected profit margins, and a more attractive future price to earnings multiple, despite a slightly higher discount rate. What's in the News Aeris Resources completed an AUD 80 million follow on equity offering of 177,777,778 ordinary shares at AUD 0.45 per share, including a subsequent direct listing feature (company filing).

AIS: Recent Equity Offerings Will Sustain Profit Margins and Support Future Upside

Analysts have slightly adjusted their price target for Aeris Resources, reflecting a modest change based on updated financial assumptions. The new fair value estimate remains at $0.62 per share.

AIS: Recent Equity Offerings Will Support Higher Profit Margins Ahead

Analysts have raised their fair value estimate for Aeris Resources from $0.60 to $0.62. This change reflects improved projected revenue growth and profit margins, which have positively influenced valuation models.

We Think Some Shareholders May Hesitate To Increase Aeris Resources Limited's (ASX:AIS) CEO Compensation

Nov 14
We Think Some Shareholders May Hesitate To Increase Aeris Resources Limited's (ASX:AIS) CEO Compensation

AIS: Upcoming Equity Offerings Will Support Profit Margin Expansion

Analysts have raised their price target for Aeris Resources from $0.50 to $0.60. They cite improved profit margins and an updated outlook on earnings multiples, despite a downward revision in expected revenue growth.

Murrawombie Pit And Constellation Deposit Will Drive Future Success

Aeris Resources' analyst price target has increased from $0.36 to $0.50 per share. Analysts cite improved profit margins and reduced revenue contraction as primary drivers for the upward revision.

Murrawombie Pit And Constellation Deposit Will Drive Future Success

Aeris Resources' analyst price target has been revised upward from $0.32 to $0.36 per share. This reflects analysts' updated expectations based on improved revenue forecasts and a modestly reduced discount rate, despite a significant shift in projected profit margins and future earnings multiples.

Murrawombie Pit And Constellation Deposit Will Drive Future Success

The sharp increase in Aeris Resources' Net Profit Margin and the substantial decline in its Future P/E ratio indicate markedly improved profitability and valuation, supporting the upward revision of the consensus Analyst Price Target from A$0.294 to A$0.318. Valuation Changes Summary of Valuation Changes for Aeris Resources The Consensus Analyst Price Target has risen from A$0.294 to A$0.318.

Aeris Resources Limited's (ASX:AIS) Price Is Right But Growth Is Lacking After Shares Rocket 31%

Jul 25
Aeris Resources Limited's (ASX:AIS) Price Is Right But Growth Is Lacking After Shares Rocket 31%
User avatar

Murrawombie Pit And Constellation Deposit Will Drive Future Success

Strategic focus on Murrawombie, Tritton, and Constellation operations enhances cash flow, revenue growth, and margins through increased production and operational improvements.

Is Aeris Resources (ASX:AIS) A Risky Investment?

Apr 22
Is Aeris Resources (ASX:AIS) A Risky Investment?

Aeris Resources Limited (ASX:AIS) Stock Catapults 27% Though Its Price And Business Still Lag The Industry

Mar 25
Aeris Resources Limited (ASX:AIS) Stock Catapults 27% Though Its Price And Business Still Lag The Industry

Why Investors Shouldn't Be Surprised By Aeris Resources Limited's (ASX:AIS) 26% Share Price Plunge

Nov 21
Why Investors Shouldn't Be Surprised By Aeris Resources Limited's (ASX:AIS) 26% Share Price Plunge

Aeris Resources Limited (ASX:AIS) Stock Catapults 34% Though Its Price And Business Still Lag The Industry

Oct 02
Aeris Resources Limited (ASX:AIS) Stock Catapults 34% Though Its Price And Business Still Lag The Industry

Is Aeris Resources (ASX:AIS) Using Too Much Debt?

Sep 10
Is Aeris Resources (ASX:AIS) Using Too Much Debt?

Aeris Resources Limited (ASX:AIS) Not Doing Enough For Some Investors As Its Shares Slump 27%

Aug 05
Aeris Resources Limited (ASX:AIS) Not Doing Enough For Some Investors As Its Shares Slump 27%

Little Excitement Around Aeris Resources Limited's (ASX:AIS) Revenues

Jun 05
Little Excitement Around Aeris Resources Limited's (ASX:AIS) Revenues

Is Aeris Resources (ASX:AIS) Weighed On By Its Debt Load?

Apr 10
Is Aeris Resources (ASX:AIS) Weighed On By Its Debt Load?

Aeris Resources Limited's (ASX:AIS) Share Price Boosted 26% But Its Business Prospects Need A Lift Too

Mar 06
Aeris Resources Limited's (ASX:AIS) Share Price Boosted 26% But Its Business Prospects Need A Lift Too

The Aeris Resources Limited (ASX:AIS) Half-Year Results Are Out And Analysts Have Published New Forecasts

Mar 02
The Aeris Resources Limited (ASX:AIS) Half-Year Results Are Out And Analysts Have Published New Forecasts

Aeris Resources Limited (ASX:AIS) Stock Catapults 32% Though Its Price And Business Still Lag The Industry

Dec 30
Aeris Resources Limited (ASX:AIS) Stock Catapults 32% Though Its Price And Business Still Lag The Industry

Estimating The Fair Value Of Aeris Resources Limited (ASX:AIS)

Jul 07
Estimating The Fair Value Of Aeris Resources Limited (ASX:AIS)

Revenue & Expenses Breakdown

How Aeris Resources makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

ASX:AIS Revenue, expenses and earnings (AUD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2559164440
30 Sep 2558454430
30 Jun 2557745430
31 Mar 2556235380
31 Dec 2454624330
30 Sep 245430320
30 Jun 24540-24310
31 Mar 24564-66290
31 Dec 23589-109260
30 Sep 23601-124260
30 Jun 23612-140260
31 Mar 23557-99240
31 Dec 22501-58230
30 Sep 22444-26180
30 Jun 223876140
31 Mar 2240018140
31 Dec 2141329140
30 Sep 2142245150
30 Jun 2143161150
31 Mar 2138349130
31 Dec 2033436120
30 Sep 20281-1100
30 Jun 20227-3890
31 Mar 20227-3590
31 Dec 19227-31100
30 Sep 19230-22100
30 Jun 19232-13100
31 Mar 1923819100
31 Dec 182445190
30 Sep 182405380
30 Jun 182365570
31 Mar 182151970
31 Dec 17194-1770
30 Sep 17181-2570
30 Jun 17168-3370
31 Mar 17174-3170
31 Dec 16179-2870
30 Sep 16186-370
30 Jun 161922270
31 Mar 162072070
31 Dec 152211870
30 Sep 15219-770
30 Jun 15217-3170

Quality Earnings: AIS has high quality earnings.

Growing Profit Margin: AIS's current net profit margins (10.8%) are higher than last year (4.4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: AIS has become profitable over the past 5 years, growing earnings by -3.6% per year.

Accelerating Growth: AIS's earnings growth over the past year (163.8%) exceeds its 5-year average (-3.6% per year).

Earnings vs Industry: AIS earnings growth over the past year (163.8%) exceeded the Metals and Mining industry 59.9%.


Return on Equity

High ROE: AIS's Return on Equity (14%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/01 08:19
End of Day Share Price 2026/05/01 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Aeris Resources Limited is covered by 7 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David CoatesBell Potter
Mitch RyanJefferies LLC
Adam BakerMacquarie Research