Australian Strategic Materials Ltd engages in mineral evaluation activities in Australia. More Details
Excellent balance sheet with questionable track record.
Share Price & News
How has Australian Strategic Materials's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ASM is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: ASM's weekly volatility has decreased from 15% to 6% over the past year.
7 Day Return
AU Metals and Mining
1 Year Return
AU Metals and Mining
Return vs Industry: Insufficient data to determine how ASM performed against the Australian Metals and Mining industry.
Return vs Market: Insufficient data to determine how ASM performed against the Australian Market.
Long-Term Price Volatility Vs. Market
How volatile is Australian Strategic Materials's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Australian Strategic Materials undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate ASM's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ASM's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ASM is poor value based on its PE Ratio (5374.6x) compared to the AU Metals and Mining industry average (14x).
PE vs Market: ASM is poor value based on its PE Ratio (5374.6x) compared to the Australian market (20.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ASM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ASM is overvalued based on its PB Ratio (4.6x) compared to the AU Metals and Mining industry average (2.5x).
How is Australian Strategic Materials forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Australian Strategic Materials 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.
How has Australian Strategic Materials performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ASM has a large one-off gain of A$4.7M impacting its December 31 2020 financial results.
Growing Profit Margin: ASM became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: ASM has become profitable over the past 5 years, growing earnings by -1.4% per year.
Accelerating Growth: ASM has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ASM has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (25.6%).
Return on Equity
High ROE: ASM's Return on Equity (0.09%) is considered low.
How is Australian Strategic Materials's financial position?
Financial Position Analysis
Short Term Liabilities: ASM's short term assets (A$13.5M) exceed its short term liabilities (A$1.2M).
Long Term Liabilities: ASM's short term assets (A$13.5M) do not cover its long term liabilities (A$25.7M).
Debt to Equity History and Analysis
Debt Level: ASM is debt free.
Reducing Debt: ASM had no debt 5 years ago.
Debt Coverage: ASM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ASM has no debt, therefore coverage of interest payments is not a concern.
What is Australian Strategic Materials's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ASM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ASM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ASM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ASM's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ASM's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
David Woodall (60 yo)
Mr. David Graham Woodall, MSc, BSc, GAICD is an Advisor of Gold Road Resources Limited. He was Non Executive Director at Grange Resources Limited since March 1, 2019 until April 30, 2021. He served as Dire...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD261.92K) is below average for companies of similar size in the Australian market ($USD712.72K).
Compensation vs Earnings: Insufficient data to compare David's compensation with company performance.
Experienced Management: ASM's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Experienced Board: ASM's board of directors are considered experienced (3.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ASM insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: ASM only recently listed within the past 12 months.
Australian Strategic Materials Ltd's company bio, employee growth, exchange listings and data sources
- Name: Australian Strategic Materials Ltd
- Ticker: ASM
- Exchange: ASX
- Founded: 2014
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$644.518m
- Shares outstanding: 139.51m
- Website: https://www.asm-au.com
- Australian Strategic Materials Ltd
- 89 Burswood Road
- Western Australia
Australian Strategic Materials Ltd engages in mineral evaluation activities in Australia. It holds 100% interest in the Dubbo Project that contains zirconium, rare earths, niobium, and hafnium located in c...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/07 08:14|
|End of Day Share Price||2021/05/07 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.