Australian Potash Limited engages in the exploration of mineral properties in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.12|
|52 Week High||AU$0.088|
|52 Week Low||AU$0.25|
|1 Month Change||25.00%|
|3 Month Change||-7.69%|
|1 Year Change||-25.00%|
|3 Year Change||66.67%|
|5 Year Change||50.00%|
|Change since IPO||-25.00%|
Recent News & Updates
Here's Why We're A Bit Worried About Australian Potash's (ASX:APC) Cash Burn Situation
Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
We Think Australian Potash (ASX:APC) Needs To Drive Business Growth Carefully
We can readily understand why investors are attracted to unprofitable companies. Indeed, Australian Potash ( ASX:APC...
|APC||AU Metals and Mining||AU Market|
Return vs Industry: APC underperformed the Australian Metals and Mining industry which returned 13.3% over the past year.
Return vs Market: APC underperformed the Australian Market which returned 20.3% over the past year.
Stable Share Price: APC is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: APC's weekly volatility (9%) has been stable over the past year.
About the Company
Australian Potash Limited engages in the exploration of mineral properties in Australia. The company explores for potash, gold, and nickel sulphide minerals. Its flagship property is 100% owned Lake Wells Sulphate of Potash project covering an area of approximately 1,200 square kilometers located in the northeast of Kalgoorlie, Western Australia.
Australian Potash Fundamentals Summary
|APC fundamental statistics|
Is APC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|APC income statement (TTM)|
|Cost of Revenue||AU$151.46k|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0057|
|Net Profit Margin||-2,343.30%|
How did APC perform over the long term?See historical performance and comparison
Is Australian Potash undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: APC (A$0.12) is trading above our estimate of fair value (A$0.04)
Significantly Below Fair Value: APC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: APC is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: APC 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 APC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: APC is overvalued based on its PB Ratio (3.3x) compared to the AU Metals and Mining industry average (2.5x).
How is Australian Potash forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: APC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: APC is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: APC's is expected to become profitable in the next 3 years.
Revenue vs Market: APC is forecast to have no revenue next year.
High Growth Revenue: APC is forecast to have no revenue next year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: APC's Return on Equity is forecast to be low in 3 years time (6.6%).
How has Australian Potash performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: APC is currently unprofitable.
Growing Profit Margin: APC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: APC is unprofitable, but has reduced losses over the past 5 years at a rate of 32.2% per year.
Accelerating Growth: Unable to compare APC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: APC 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: APC has a negative Return on Equity (-15.58%), as it is currently unprofitable.
How is Australian Potash's financial position?
Financial Position Analysis
Short Term Liabilities: APC's short term assets (A$8.6M) exceed its short term liabilities (A$5.7M).
Long Term Liabilities: APC's short term assets (A$8.6M) exceed its long term liabilities (A$35.3K).
Debt to Equity History and Analysis
Debt Level: APC is debt free.
Reducing Debt: APC has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: APC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: APC has less than a year of cash runway if free cash flow continues to reduce at historical rates of 26.5% each year
What is Australian Potash current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate APC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate APC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if APC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if APC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of APC's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Matt Shackleton (55 yo)
Mr. Matthew William Shackleton, also known as Matt, B.Comm., MBA, CA has been Managing Director and Chief Executive Officer of Australian Potash Limited since August 2018. Mr. Shackleton was the Executive...
CEO Compensation Analysis
Compensation vs Market: Matt's total compensation ($USD315.53K) is about average for companies of similar size in the Australian market ($USD301.95K).
Compensation vs Earnings: Matt's compensation has increased whilst the company is unprofitable.
Experienced Management: APC's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Experienced Board: APC's board of directors are considered experienced (4.4 years average tenure).
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 been diluted in the past year, with total shares outstanding growing by 33.6%.
Australian Potash Limited's employee growth, exchange listings and data sources
- Name: Australian Potash Limited
- Ticker: APC
- Exchange: ASX
- Founded: 2011
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$77.990m
- Shares outstanding: 649.92m
- Website: https://www.australianpotash.com.au
- Australian Potash Limited
- 22 Railway Road
- Suite 31
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 15:51|
|End of Day Share Price||2021/10/19 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.