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ATR

AstronASX:ATR Stock Report

Market Cap

AU$49.0m

7D

2.6%

1Y

105.1%

Updated

25 Oct, 2021

Data

Company Financials
ATR fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

ATR Overview

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.

Astron Competitors

Galaxy Resources

ASX:GXY

AU$2.7b

Western Areas

ASX:WSA

AU$1.1b

Firefly Resources

ASX:FFR

AU$32.4m

Paladin Energy

ASX:PDN

AU$2.6b

Price History & Performance

Summary of all time highs, changes and price drops for Astron
Historical stock prices
Current Share PriceAU$0.40
52 Week HighAU$0.20
52 Week LowAU$0.58
Beta0.65
1 Month Change-3.61%
3 Month Change-9.09%
1 Year Change105.13%
3 Year Change100.00%
5 Year Change150.00%
Change since IPO700.00%

Recent News & Updates

Apr 12
We Think Astron (ASX:ATR) Has A Fair Chunk Of Debt

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...

Shareholder Returns

ATRAU Metals and MiningAU Market
7D2.6%-1.7%0.6%
1Y105.1%10.8%21.3%

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.

Price Volatility

Is ATR's price volatile compared to industry and market?
ATR volatility
ATR Beta0.65
Industry Beta0.97
Market Beta1

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

FoundedEmployeesCEOWebsite
2011n/aTiger Brownhttps://www.astronlimited.com.au

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

How do Astron's earnings and revenue compare to its market cap?
ATR fundamental statistics
Market CapAU$48.99m
Earnings (TTM)-AU$651.15k
Revenue (TTM)AU$16.42m

3.0x

P/S Ratio

-75.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ATR income statement (TTM)
RevenueAU$16.42m
Cost of RevenueAU$13.26m
Gross ProfitAU$3.16m
ExpensesAU$3.81m
Earnings-AU$651.15k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0053
Gross Margin19.23%
Net Profit Margin-3.97%
Debt/Equity Ratio18.6%

How did ATR perform over the long term?

See historical performance and comparison

Valuation

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

0.52x

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).


Future Growth

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

-0.5%

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.


Past Performance

How has Astron performed over the past 5 years?

6.4%

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.


Financial Health

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.


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: 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.


Dividend

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.


Next Steps

Management

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

1.3yrs

Average board tenure


CEO

Tiger Brown

0.67

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...


Board Members

Experienced Board: ATR's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Astron Corporation Limited's employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • Astron Corporation Limited
  • 73 Main Street
  • Minyip
  • Victoria
  • 3392
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 07:02
End of Day Share Price2021/10/21 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.