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ASQ

Australian Silica Quartz GroupASX:ASQ Stock Report

Market Cap

AU$28.1m

7D

0%

1Y

12.2%

Updated

22 Oct, 2021

Data

Company Financials
ASQ fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

ASQ Overview

Australian Silica Quartz Group Ltd., together with its subsidiaries, engages in the acquisition, exploration, and development of bauxite mineral deposits in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Australian Silica Quartz Group
Historical stock prices
Current Share PriceAU$0.11
52 Week HighAU$0.073
52 Week LowAU$0.19
Beta1.2
1 Month Change20.88%
3 Month Change23.60%
1 Year Change12.25%
3 Year Change96.43%
5 Year Change74.60%
Change since IPO-46.34%

Recent News & Updates

Aug 02
We Think Australian Silica Quartz Group (ASX:ASQ) Can Easily Afford To Drive Business Growth

We Think Australian Silica Quartz Group (ASX:ASQ) Can Easily Afford To Drive Business Growth

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, Australian Silica...

Apr 10
Here's Why We're Not At All Concerned With Australian Silica Quartz Group's (ASX:ASQ) Cash Burn Situation

Here's Why We're Not At All Concerned With Australian Silica Quartz Group's (ASX:ASQ) Cash Burn Situation

Just because a business does not make any money, does not mean that the stock will go down. Indeed, Australian Silica...

Dec 26
Share Price Aside, Australian Silica Quartz Group (ASX:ASQ) Has Delivered Shareholders A 58% Return.

Share Price Aside, Australian Silica Quartz Group (ASX:ASQ) Has Delivered Shareholders A 58% Return.

While it may not be enough for some shareholders, we think it is good to see the Australian Silica Quartz Group Ltd...

Shareholder Returns

ASQAU Metals and MiningAU Market
7D0%-0.3%0.7%
1Y12.2%12.5%21.4%

Return vs Industry: ASQ matched the Australian Metals and Mining industry which returned 12.5% over the past year.

Return vs Market: ASQ underperformed the Australian Market which returned 21.4% over the past year.

Price Volatility

Is ASQ's price volatile compared to industry and market?
ASQ volatility
ASQ Beta1.2
Industry Beta0.97
Market Beta1

Stable Share Price: ASQ is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: ASQ's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006n/aSam Middlemashttps://www.asqg.com.au

Australian Silica Quartz Group Ltd., together with its subsidiaries, engages in the acquisition, exploration, and development of bauxite mineral deposits in Australia. The company holds various exploration tenements in the Darling Range in Western Australia. It also holds interests in the Gingin, Albany, and Esperance Silica Sand projects; and the Hardrock Silica Quartz project located in Western Australia and Queensland.

Australian Silica Quartz Group Fundamentals Summary

How do Australian Silica Quartz Group's earnings and revenue compare to its market cap?
ASQ fundamental statistics
Market CapAU$28.14m
Earnings (TTM)-AU$1.19m
Revenue (TTM)AU$76.56k

392.9x

P/S Ratio

-24.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ASQ income statement (TTM)
RevenueAU$76.56k
Cost of RevenueAU$0
Gross ProfitAU$76.56k
ExpensesAU$1.27m
Earnings-AU$1.19m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0044
Gross Margin100.00%
Net Profit Margin-1,555.63%
Debt/Equity Ratio0.0%

How did ASQ perform over the long term?

See historical performance and comparison

Valuation

Is Australian Silica Quartz Group undervalued compared to its fair value and its price relative to the market?

3.52x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: ASQ is overvalued based on its PB Ratio (3.5x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Australian Silica Quartz Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.07%

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 Silica Quartz Group 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 Silica Quartz Group performed over the past 5 years?

2.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ASQ is currently unprofitable.

Growing Profit Margin: ASQ is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ASQ is unprofitable, but has reduced losses over the past 5 years at a rate of 2.9% per year.

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

Earnings vs Industry: ASQ 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: ASQ has a negative Return on Equity (-14.23%), as it is currently unprofitable.


Financial Health

How is Australian Silica Quartz Group's financial position?


Financial Position Analysis

Short Term Liabilities: ASQ's short term assets (A$6.0M) exceed its short term liabilities (A$108.3K).

Long Term Liabilities: ASQ has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: ASQ is debt free.

Reducing Debt: ASQ 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: ASQ has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: ASQ has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 40% each year


Dividend

What is Australian Silica Quartz Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

6.0yrs

Average management tenure


CEO

Sam Middlemas (57 yo)

6yrs

Tenure

AU$275,117

Compensation

Mr. Robert Samuel Middlemas, also known as Sam, B.Com., PGrad Dip Bus., CA, MAICD, has been the Chief Financial Officer and Company Secretary of Ardea Resources Ltd. since October 20, 2016. He served as Co...


Leadership Team

Experienced Management: ASQ's management team is seasoned and experienced (6 years average tenure).


Board Members

Experienced Board: ASQ's board of directors are seasoned and experienced ( 11.8 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 diluted in the past year, with total shares outstanding growing by 8.7%.


Top Shareholders

Company Information

Australian Silica Quartz Group Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Australian Silica Quartz Group Ltd.
  • Ticker: ASQ
  • Exchange: ASX
  • Founded: 2006
  • Industry: Aluminum
  • Sector: Materials
  • Market Cap: AU$28.139m
  • Shares outstanding: 267.99m
  • Website: https://www.asqg.com.au

Location

  • Australian Silica Quartz Group Ltd.
  • 295 Rokeby Road
  • Suite 10
  • Subiaco
  • Western Australia
  • 6008
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 07:02
End of Day Share Price2021/10/22 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.