| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
AME Stock Overview
Alto Metals Limited primarily explores for gold properties.
Alto Metals Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.067 |
| 52 Week High | AU$0.12 |
| 52 Week Low | AU$0.055 |
| Beta | -0.71 |
| 1 Month Change | 9.02% |
| 3 Month Change | -21.77% |
| 1 Year Change | -27.72% |
| 3 Year Change | 95.59% |
| 5 Year Change | -21.76% |
| Change since IPO | -65.00% |
Recent News & Updates
Can Alto Metals (ASX:AME) Afford To Invest In Growth?
We can readily understand why investors are attracted to unprofitable companies. For example, although...
Shareholder Returns
| AME | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | 7.3% | 1.4% | 1.0% |
| 1Y | -27.7% | -16.4% | -7.9% |
Return vs Industry: AME underperformed the Australian Metals and Mining industry which returned -16.4% over the past year.
Return vs Market: AME underperformed the Australian Market which returned -7.9% over the past year.
Price Volatility
| AME volatility | |
|---|---|
| AME Average Weekly Movement | 9.0% |
| Metals and Mining Industry Average Movement | 12.1% |
| Market Average Movement | 10.6% |
| 10% most volatile stocks in AU Market | 17.5% |
| 10% least volatile stocks in AU Market | 4.7% |
Stable Share Price: AME is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: AME's weekly volatility (9%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2012 | n/a | Matthew Bowles | https://www.altometals.com.au |
Alto Metals Limited primarily explores for gold properties. It focuses on the Sandstone gold project covering an area of approximately 900 square kilometers located in the East Murchison Mineral field in Western Australia. The company was formerly known as Enterprise Uranium Limited and changed its name to Alto Metals Limited in May 2016.
Alto Metals Fundamentals Summary
| AME fundamental statistics | |
|---|---|
| Market Cap | AU$35.55m |
| Earnings (TTM) | -AU$2.18m |
| Revenue (TTM) | n/a |
0.0x
P/S Ratio-16.3x
P/E RatioIs AME overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| AME income statement (TTM) | |
|---|---|
| Revenue | AU$0 |
| Cost of Revenue | AU$0 |
| Gross Profit | AU$0 |
| Other Expenses | AU$2.18m |
| Earnings | -AU$2.18m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.0041 |
| Gross Margin | 0.00% |
| Net Profit Margin | 0.00% |
| Debt/Equity Ratio | 0.0% |
How did AME perform over the long term?
See historical performance and comparisonValuation
Is AME undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for AME?
Other financial metrics that can be useful for relative valuation.
| What is AME's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | AU$35.55m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | n/a |
| Enterprise Value/EBITDA | -15.6x |
| PEG Ratio | n/a |
Price to Book Ratio vs Peers
How does AME's PB Ratio compare to its peers?
| AME PB Ratio vs Peers |
|---|
| Company | PB | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 4.2x | ||
GPR Geopacific Resources | 0.3x | 86.3% | AU$35.8m |
BBX BBX Minerals | 7.9x | n/a | AU$36.5m |
MLS Metals Australia | 3.3x | n/a | AU$34.7m |
PGD Peregrine Gold | 5.3x | n/a | AU$34.5m |
AME Alto Metals | 1.4x | n/a | AU$35.5m |
Price-To-Book vs Peers: AME is good value based on its Price-To-Book Ratio (1.4x) compared to the peer average (4.2x).
Price to Earnings Ratio vs Industry
How does AME's PE Ratio compare vs other companies in the AU Metals and Mining Industry?
Price-To-Book vs Industry: AME is good value based on its Price-To-Book Ratio (1.4x) compared to the Australian Metals and Mining industry average (2x)
Price to Book Ratio vs Fair Ratio
What is AME's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PB Ratio | 1.4x |
| Fair PB Ratio | n/a |
Price-To-Book vs Fair Ratio: Insufficient data to calculate AME's Price-To-Book Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of AME when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate AME's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate AME's fair value for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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Future Growth
How is Alto Metals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
-8.8%
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 Alto Metals 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.
Discover growth companies
- Examine Alto Metals's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Alto Metals competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has Alto Metals performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-10.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AME is currently unprofitable.
Growing Profit Margin: AME is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AME is unprofitable, and losses have increased over the past 5 years at a rate of 10.6% per year.
Accelerating Growth: Unable to compare AME's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AME is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (57.3%).
Return on Equity
High ROE: AME has a negative Return on Equity (-8.3%), as it is currently unprofitable.
Discover strong past performing companies
Financial Health
How is Alto Metals's financial position?
Financial Health Score
4/6Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: AME's short term assets (A$6.3M) exceed its short term liabilities (A$683.6K).
Long Term Liabilities: AME has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AME is debt free.
Reducing Debt: AME had no debt 5 years ago.
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: AME has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AME has less than a year of cash runway if free cash flow continues to reduce at historical rates of 23.9% each year
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Dividend
What is Alto Metals's current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AME's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AME'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 AME's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AME's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as AME has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
4.7yrs
Average board tenure
CEO
Matthew Bowles
2.08yrs
Tenure
AU$377,722
Compensation
Mr. Matthew Bowles, B Bus, B.Com, CPA, ASA, FFin, has been Managing Director and Chief Executive Officer at Alto Metals Limited since July 13, 2020. Mr. Bowles served as Non Executive Director at Tanga Res...
CEO Compensation Analysis
Compensation vs Market: Matthew's total compensation ($USD260.39K) is about average for companies of similar size in the Australian market ($USD279.73K).
Compensation vs Earnings: Matthew's compensation has been consistent with company performance over the past year.
Board Members
Experienced Board: AME's board of directors are considered experienced (4.7 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 18.7%.
Top Shareholders
Company Information
Alto Metals Limited's employee growth, exchange listings and data sources
Key Information
- Name: Alto Metals Limited
- Ticker: AME
- Exchange: ASX
- Founded: 2012
- Industry: Gold
- Sector: Materials
- Implied Market Cap: AU$35.547m
- Shares outstanding: 534.54m
- Website: https://www.altometals.com.au
Location
- Alto Metals Limited
- 12-14 Thelma Street
- Suite 9
- West Perth
- Western Australia
- 6005
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/07 00:00 |
| End of Day Share Price | 2022/08/05 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/06/30 |
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.