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Australian Strategic Materials

Market Cap

AU$644.5m

Last Updated

2021/05/07 08:14 UTC

Data Sources

Company Financials

Executive Summary

Australian Strategic Materials Ltd engages in mineral evaluation activities in Australia. More Details


Snowflake Analysis

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.


Market Performance


7 Day Return

-5.2%

ASM

3.1%

AU Metals and Mining

0.3%

AU Market


1 Year Return

n/a

ASM

60.0%

AU Metals and Mining

35.9%

AU Market

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.


Shareholder returns

ASMIndustryMarket
7 Day-5.2%3.1%0.3%
30 Day-7.9%8.0%1.8%
90 Day-9.4%9.9%2.8%
1 Yearn/a68.4%60.0%39.9%35.9%
3 Yearn/a69.2%46.8%30.1%14.7%
5 Yearn/a180.9%131.8%60.1%29.9%

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

Valuation

Is Australian Strategic Materials undervalued compared to its fair value and its price relative to the market?

5374.55x

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).


Future Growth

How is Australian Strategic Materials forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-2.7%

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.


Past Performance

How has Australian Strategic Materials performed over the past 5 years?

-1.4%

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.


Financial Health

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.


Balance Sheet


Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.3yrs

Average management tenure


CEO

David Woodall (60 yo)

1.25yrs

Tenure

AU$336,936

Compensation

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.


Leadership Team

Experienced Management: ASM's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: ASM's board of directors are considered experienced (3.7 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: ASM only recently listed within the past 12 months.


Top Shareholders

Company Information

Australian Strategic Materials Ltd's company bio, employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • Australian Strategic Materials Ltd
  • 89 Burswood Road
  • Burswood
  • Western Australia
  • 6100
  • Australia

Listings


Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/07 08:14
End of Day Share Price2021/05/07 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.