ActivEX Limited engages in the acquisition, identification, and delineation of mineral resource projects.
Slightly overvalued with imperfect balance sheet.
Share Price & News
How has ActivEX's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AIV has not had significant price volatility in the past 3 months.
7 Day Return
AU Metals and Mining
1 Year Return
AU Metals and Mining
Return vs Industry: AIV underperformed the Australian Metals and Mining industry which returned 6.7% over the past year.
Return vs Market: AIV underperformed the Australian Market which returned -6.9% over the past year.
Price Volatility Vs. Market
How volatile is ActivEX's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall StIntroducing ActivEX (ASX:AIV), The Stock That Zoomed 270% In The Last Three Years
1 year ago | Simply Wall StWhy You Need To Look At This Factor Before Buying ActivEX Limited (ASX:AIV)
2 years ago | Simply Wall StShould You Have ActivEX Limited's (ASX:AIV) In Your Portfolio?
Is ActivEX undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AIV (A$0.13) is trading below our estimate of fair value (A$2.18)
Significantly Below Fair Value: AIV is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AIV is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: AIV 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 AIV's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AIV is overvalued based on its PB Ratio (3x) compared to the AU Metals and Mining industry average (1.5x).
How is ActivEX forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 ActivEX 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.
- Take a look at our analysis of AIV’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- ActivEX competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has ActivEX performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AIV is currently unprofitable.
Growing Profit Margin: AIV is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AIV is unprofitable, but has reduced losses over the past 5 years at a rate of 5.9% per year.
Accelerating Growth: Unable to compare AIV's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AIV 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: AIV has a negative Return on Equity (-11.01%), as it is currently unprofitable.
How is ActivEX's financial position?
Financial Position Analysis
Short Term Liabilities: AIV's short term assets (A$436.7K) exceed its short term liabilities (A$65.6K).
Long Term Liabilities: AIV's short term assets (A$436.7K) do not cover its long term liabilities (A$2.4M).
Debt to Equity History and Analysis
Debt Level: AIV's debt to equity ratio (31.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if AIV's debt to equity ratio has reduced over the past 5 years.
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: AIV has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if AIV has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is ActivEX's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AIV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AIV'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 AIV's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AIV'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 AIV's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Mark Derriman, BSc (Hons), MappSc, MBA, MAIG RPGeo, serves as General Manager at ActivEX Ltd., since February 22, 2018. Mr. Derriman served as the General Manager of ASF Resources Pty Ltd., a subsidiar ...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($USD42.08K) is below average for companies of similar size in the Australian market ($USD259.62K).
Compensation vs Earnings: Mark's compensation has increased whilst the company is unprofitable.
|GM & Director||2.33yrs||AU$60.60k||no data|
|Exploration Geologist||5.92yrs||no data||no data|
|Company Secretary||0.083yr||no data||no data|
Experienced Management: AIV's management team is considered experienced (2.3 years average tenure).
|GM & Director||2.33yrs||AU$60.60k||no data|
|Non-Executive Chairman||6.83yrs||no data||no data|
|Non-Executive Director||2.83yrs||AU$36.00k||no data|
|Independent Non-Executive Director||5.67yrs||AU$36.00k||no data|
|Alternate Director||0.17yr||no data||no data|
Experienced Board: AIV's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
ActivEX Limited's company bio, employee growth, exchange listings and data sources
- Name: ActivEX Limited
- Ticker: AIV
- Exchange: ASX
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$23.040m
- Shares outstanding: 177.23m
- Website: https://www.activex.com.au
- ActivEX Limited
- 3B Macquarie Street
- Suite 2
- New South Wales
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AIV||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Apr 2006|
|AIV||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Apr 2006|
ActivEX Limited engages in the acquisition, identification, and delineation of mineral resource projects. The company focuses on the exploration of gold, copper, and potash mineralization. It holds interests in 1 granted mining lease located in Western Australia; and 29 granted exploration permits for minerals covering an area of approximately 1,959 square kilometers located in Northern Queensland. ActivEX Limited is based in Sydney, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/04 10:40|
|End of Day Share Price||2020/05/18 00:00|
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.