company background image
AMN

AgriminASX:AMN Stock Report

Market Cap

AU$101.3m

7D

1.1%

1Y

-17.2%

Updated

18 Oct, 2021

Data

Company Financials +
AMN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

AMN Overview

Agrimin Limited engages in the exploration and development of mineral properties in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Agrimin
Historical stock prices
Current Share PriceAU$0.48
52 Week HighAU$0.42
52 Week LowAU$0.71
Beta1.09
1 Month Change3.23%
3 Month Change-4.00%
1 Year Change-17.24%
3 Year Change-31.43%
5 Year Change-27.27%
Change since IPO-93.24%

Recent News & Updates

Dec 27
Why Agrimin's (ASX:AMN) CEO Pay Matters

Why Agrimin's (ASX:AMN) CEO Pay Matters

This article will reflect on the compensation paid to Mark Savich who has served as CEO of Agrimin Limited ( ASX:AMN...

Shareholder Returns

AMNAU Metals and MiningAU Market
7D1.1%4.3%0.9%
1Y-17.2%12.2%20.2%

Return vs Industry: AMN underperformed the Australian Metals and Mining industry which returned 12.2% over the past year.

Return vs Market: AMN underperformed the Australian Market which returned 20.2% over the past year.

Price Volatility

Is AMN's price volatile compared to industry and market?
AMN volatility
AMN Beta1.09
Industry Beta0.97
Market Beta1

Stable Share Price: AMN is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: AMN's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006n/aMark Savichhttps://www.agrimin.com.au

Agrimin Limited engages in the exploration and development of mineral properties in Australia. It holds a 100% interest in the Mackay Potash project comprising nine granted exploration licenses covering a total area of 3,500 square kilometers located in Western Australia, as well as three exploration licenses applications covering 1,240 square kilometers situated in the northern territory. The company was formerly known as Global Resources Corporation Limited and changed its name to Agrimin Limited in December 2014.

Agrimin Fundamentals Summary

How do Agrimin's earnings and revenue compare to its market cap?
AMN fundamental statistics
Market CapAU$101.32m
Earnings (TTM)-AU$5.01m
Revenue (TTM)AU$84.24k

1.2kx

P/S Ratio

-20.2x

P/E Ratio

Valuation

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

2.59x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate AMN's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate AMN's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: AMN is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: AMN 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 AMN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: AMN's PB Ratio (2.6x) is in line with the AU Metals and Mining industry average.


Future Growth

How is Agrimin forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

-52.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AMN is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: AMN is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: AMN is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: AMN is forecast to have no revenue next year.

High Growth Revenue: AMN is forecast to have no revenue next year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AMN is forecast to be unprofitable in 3 years.


Past Performance

How has Agrimin performed over the past 5 years?

-29.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AMN is currently unprofitable.

Growing Profit Margin: AMN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AMN is unprofitable, and losses have increased over the past 5 years at a rate of 29.9% per year.

Accelerating Growth: Unable to compare AMN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: AMN 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: AMN has a negative Return on Equity (-12.82%), as it is currently unprofitable.


Financial Health

How is Agrimin's financial position?


Financial Position Analysis

Short Term Liabilities: AMN's short term assets (A$5.8M) exceed its short term liabilities (A$1.7M).

Long Term Liabilities: AMN's short term assets (A$5.8M) exceed its long term liabilities (A$923.1K).


Debt to Equity History and Analysis

Debt Level: AMN is debt free.

Reducing Debt: AMN has not had any debt for 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: AMN has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: AMN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 29.5% each year


Dividend

What is Agrimin current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate AMN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate AMN'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 AMN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AMN'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 AMN'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?

5.2yrs

Average management tenure


CEO

Mark Savich (38 yo)

6.58yrs

Tenure

AU$1,599,534

Compensation

Mr. Mark Savich, B Comm, GradDipMinExplGeoSc, CFA, CA, GAICD, has been the Chief Executive Officer of Agrimin Limited since March 1, 2015. He began his career as an accountant in 2003 and was subsequently...


CEO Compensation Analysis

Compensation vs Market: Mark's total compensation ($USD1.19M) is above average for companies of similar size in the Australian market ($USD302.72K).

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


Leadership Team

Experienced Management: AMN's management team is seasoned and experienced (5.2 years average tenure).


Board Members

Experienced Board: AMN's board of directors are considered experienced (6.7 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.3%.


Top Shareholders

Company Information

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


Key Information

  • Name: Agrimin Limited
  • Ticker: AMN
  • Exchange: ASX
  • Founded: 2006
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$101.323m
  • Shares outstanding: 211.09m
  • Website: https://www.agrimin.com.au

Location

  • Agrimin Limited
  • 2C Loch Street
  • Nedlands
  • Western Australia
  • 6009
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 15:28
End of Day Share Price2021/10/18 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.