company background image
AIV

ActivEXASX:AIV Stock Report

Market Cap

AU$25.7m

7D

-3.3%

1Y

20.8%

Updated

19 Oct, 2021

Data

Company Financials
AIV fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

AIV Overview

ActivEX Limited engages in the acquisition, identification, and delineation of mineral resource projects.

Price History & Performance

Summary of all time highs, changes and price drops for ActivEX
Historical stock prices
Current Share PriceAU$0.14
52 Week HighAU$0.10
52 Week LowAU$0.17
Beta0.49
1 Month Change-9.38%
3 Month Changen/a
1 Year Change20.83%
3 Year Change-27.50%
5 Year Change45.00%
Change since IPO-86.82%

Recent News & Updates

Sep 29
ActivEX (ASX:AIV) Is Carrying A Fair Bit Of Debt

ActivEX (ASX:AIV) Is Carrying A Fair Bit Of Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Shareholder Returns

AIVAU Metals and MiningAU Market
7D-3.3%3.6%1.7%
1Y20.8%11.3%20.2%

Return vs Industry: AIV exceeded the Australian Metals and Mining industry which returned 13.3% over the past year.

Return vs Market: AIV matched the Australian Market which returned 20.3% over the past year.

Price Volatility

Is AIV's price volatile compared to industry and market?
AIV volatility
AIV Beta0.49
Industry Beta0.97
Market Beta1

Stable Share Price: Insufficient data to determine AIV's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine AIV's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2005n/aMark Derrimanhttps://www.activex.com.au

ActivEX Limited engages in the acquisition, identification, and delineation of mineral resource projects. The company focuses on the exploration of gold, copper, and coal mineralization. It holds interest in 22 granted and 4 application exploration permits for minerals that comprises 478 sub-blocks covering an area of approximately 1,524 square kilometers located in Northern Queensland.

ActivEX Fundamentals Summary

How do ActivEX's earnings and revenue compare to its market cap?
AIV fundamental statistics
Market CapAU$25.68m
Earnings (TTM)-AU$668.53k
Revenue (TTM)AU$37.00

0x

P/S Ratio

-38.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AIV income statement (TTM)
RevenueAU$37.00
Cost of RevenueAU$0
Gross ProfitAU$37.00
ExpensesAU$668.57k
Earnings-AU$668.53k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0038
Gross Margin100.00%
Net Profit Margin-1,806,840.54%
Debt/Equity Ratio62.0%

How did AIV perform over the long term?

See historical performance and comparison

Valuation

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

4.38x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: AIV (A$0.15) is trading above our estimate of fair value (A$0)

Significantly Below Fair Value: AIV is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: AIV is unprofitable, so we can't compare its PE Ratio to the Australian 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 (4.4x) compared to the AU Metals and Mining industry average (2.5x).


Future Growth

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

0.7%

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.


Past Performance

How has ActivEX performed over the past 5 years?

-5.2%

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, and losses have increased over the past 5 years at a rate of 5.2% 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 (35.3%).


Return on Equity

High ROE: AIV has a negative Return on Equity (-11.39%), as it is currently unprofitable.


Financial Health

How is ActivEX's financial position?


Financial Position Analysis

Short Term Liabilities: AIV's short term assets (A$166.9K) do not cover its short term liabilities (A$3.7M).

Long Term Liabilities: AIV has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: AIV's debt to equity ratio (62%) is considered high.

Reducing Debt: Insufficient data to determine if AIV's debt to equity ratio has reduced 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: 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.


Dividend

What is ActivEX 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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.7yrs

Average management tenure


CEO

Mark Derriman

3.67yrs

Tenure

AU$55,816

Compensation

Mr. Mark Derriman, BSc (Hons), MappSc, MBA, MAIG RPGeo, serves as Managing Director at ActivEX Ltd., since February 22, 2018. Mr. Derriman served as the General Manager of ASF Resources Pty Ltd., a subsidi...


CEO Compensation Analysis

Compensation vs Market: Mark's total compensation ($USD41.37K) is below average for companies of similar size in the Australian market ($USD301.95K).

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


Leadership Team

Experienced Management: AIV's management team is considered experienced (3.7 years average tenure).


Board Members

Experienced Board: AIV's board of directors are considered experienced (4.2 years average tenure).


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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

ActivEX Limited's employee growth, exchange listings and data sources


Key Information

  • Name: ActivEX Limited
  • Ticker: AIV
  • Exchange: ASX
  • Founded: 2005
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$25.684m
  • Shares outstanding: 177.13m
  • Website: https://www.activex.com.au

Location

  • ActivEX Limited
  • 3B Macquarie Street
  • Suite 2
  • 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 Analysis2021/10/19 15:46
End of Day Share Price2021/10/19 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.