ASX:ARO

Stock Analysis Report

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Market Cap

AU$15.1m

Last Updated

2021/07/26 15:50 UTC

Data Sources

Company Financials

Executive Summary

Astro Resources NL explores for and develops mineral resources properties. More Details


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

How has Astro Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ARO is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 24% a week.

Volatility Over Time: ARO's weekly volatility has decreased from 42% to 24% over the past year, but is still higher than 75% of Australian stocks.


Market Performance


7 Day Return

-11.1%

ARO

4.6%

AU Metals and Mining

2.0%

AU Market


1 Year Return

n/a

ARO

31.2%

AU Metals and Mining

26.0%

AU Market

Return vs Industry: Insufficient data to determine how ARO performed against the Australian Metals and Mining industry.

Return vs Market: Insufficient data to determine how ARO performed against the Australian Market.


Shareholder returns

AROIndustryMarket
7 Day-11.1%4.6%2.0%
30 Day0%7.3%1.4%
90 Day-20.0%7.4%4.3%
1 Yearn/a37.9%31.2%30.6%26.0%
3 Year33.3%33.3%81.3%55.4%33.4%17.2%
5 Year-16.7%-75.0%171.8%122.8%65.0%32.8%

Long-Term Price Volatility Vs. Market

How volatile is Astro Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

1.9x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: ARO is good value based on its PB Ratio (1.9x) compared to the AU Metals and Mining industry average (2.5x).


Future Growth

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

-2.6%

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 Astro Resources 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 Astro Resources performed over the past 5 years?

-1.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ARO is currently unprofitable.

Growing Profit Margin: ARO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ARO is unprofitable, and losses have increased over the past 5 years at a rate of 1.2% per year.

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

Earnings vs Industry: ARO is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (22.9%).


Return on Equity

High ROE: ARO has a negative Return on Equity (-13.78%), as it is currently unprofitable.


Financial Health

How is Astro Resources's financial position?


Financial Position Analysis

Short Term Liabilities: ARO's short term assets (A$2.2M) exceed its short term liabilities (A$210.5K).

Long Term Liabilities: ARO's short term assets (A$2.2M) exceed its long term liabilities (A$18.0K).


Debt to Equity History and Analysis

Debt Level: ARO is debt free.

Reducing Debt: ARO has no debt compared to 5 years ago when its debt to equity ratio was 224%.


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: ARO has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: ARO has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 13.8% each year


Dividend

What is Astro Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

3.8yrs

Average board tenure


CEO

Vince Fayad

0.42

Tenure

AU$90,000

Compensation

Mr. Vincent John Paul Fayad, also known as Vince, is Company Secretary & Chief Financial Officer at Polymetals Resources Ltd. He serves as Interim Chief Executive Officer at Astro Resources NL since Februa...


CEO Compensation Analysis

Compensation vs Market: Vince's total compensation ($USD66.33K) is below average for companies of similar size in the Australian market ($USD271.21K).

Compensation vs Earnings: Vince's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: ARO's board of directors are considered experienced (3.8 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 substantially diluted in the past year, with total shares outstanding growing by 195.9%.


Top Shareholders

Company Information

Astro Resources NL's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Astro Resources NL
  • Ticker: ARO
  • Exchange: ASX
  • Founded: NaN
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$15.057m
  • Shares outstanding: 3.76b
  • Website: https://www.aro.com.au

Location

  • Astro Resources NL
  • 189 Kent street
  • Suite 6
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings


Biography

Astro Resources NL explores for and develops mineral resources properties. It primarily explores for mineral sands, diamond, and gold deposits. The company operates through three segments: Heavy Minerals, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/26 15:50
End of Day Share Price2021/07/26 00:00
Earnings2020/12/31
Annual Earnings2020/06/30


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.