Astron Corporation Limited, together with its subsidiaries, engages in the development and construction of mineral processing plants, and mineral trading activities in Australia, China, and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.40|
|52 Week High||AU$0.20|
|52 Week Low||AU$0.58|
|1 Month Change||-3.61%|
|3 Month Change||-9.09%|
|1 Year Change||105.13%|
|3 Year Change||100.00%|
|5 Year Change||150.00%|
|Change since IPO||700.00%|
Recent News & Updates
We Think Astron (ASX:ATR) Has A Fair Chunk Of Debt
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
|ATR||AU Metals and Mining||AU Market|
Return vs Industry: ATR exceeded the Australian Metals and Mining industry which returned 10.8% over the past year.
Return vs Market: ATR exceeded the Australian Market which returned 21.3% over the past year.
Stable Share Price: Insufficient data to determine ATR's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine ATR's volatility change over the past year.
About the Company
Astron Corporation Limited, together with its subsidiaries, engages in the development and construction of mineral processing plants, and mineral trading activities in Australia, China, and internationally. It operates through Donald Mineral Sands, China, and Senegal segments. The company holds interests in the Donald mineral sands project located in Victoria, Australia; and the Niafarang mineral sands project located in Senegal.
Astron Fundamentals Summary
|ATR fundamental statistics|
Is ATR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ATR income statement (TTM)|
|Cost of Revenue||AU$13.26m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0053|
|Net Profit Margin||-3.97%|
How did ATR perform over the long term?See historical performance and comparison
Is Astron 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: Insufficient data to calculate ATR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ATR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ATR is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: ATR 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 ATR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ATR is good value based on its PB Ratio (0.5x) compared to the AU Metals and Mining industry average (2.6x).
How is Astron 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 Astron 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 Astron performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ATR is currently unprofitable.
Growing Profit Margin: ATR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ATR is unprofitable, but has reduced losses over the past 5 years at a rate of 6.4% per year.
Accelerating Growth: Unable to compare ATR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ATR 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: ATR has a negative Return on Equity (-0.69%), as it is currently unprofitable.
How is Astron's financial position?
Financial Position Analysis
Short Term Liabilities: ATR's short term assets (A$19.4M) do not cover its short term liabilities (A$25.7M).
Long Term Liabilities: ATR's short term assets (A$19.4M) exceed its long term liabilities (A$7.4M).
Debt to Equity History and Analysis
Debt Level: ATR's debt to equity ratio (18.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if ATR's debt to equity ratio has reduced over the 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: Whilst unprofitable ATR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ATR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 6.7% per year.
What is Astron current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ATR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ATR'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 ATR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ATR'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 ATR'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 board tenure
Mr. Tiger Brown has been an Executive Director of Astron Corporation Limited since December 4, 2019 and serves as its Managing Director since February 17, 2021 and also serves as its Chief Executive Office...
Experienced Board: ATR's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
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 not been meaningfully diluted in the past year.
Astron Corporation Limited's employee growth, exchange listings and data sources
- Name: Astron Corporation Limited
- Ticker: ATR
- Exchange: ASX
- Founded: 2011
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$48.992m
- Shares outstanding: 122.48m
- Website: https://www.astronlimited.com.au
- Astron Corporation Limited
- 73 Main Street
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 07:02|
|End of Day Share Price||2021/10/21 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.