Archer Materials Limited, a materials technology company, is developing materials in quantum computing, biotechnology, and lithium-ion batteries; and exploring for minerals in Australia.
+ 3 more risks
Excellent balance sheet with weak fundamentals.
Share Price & News
How has Archer Materials's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AXE's share price has been volatile over the past 3 months.
7 Day Return
AU Metals and Mining
1 Year Return
AU Metals and Mining
Return vs Industry: AXE exceeded the Australian Metals and Mining industry which returned -19.1% over the past year.
Return vs Market: AXE exceeded the Australian Market which returned -18.8% over the past year.
Price Volatility Vs. Market
How volatile is Archer Materials's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StWe're Hopeful That Archer Materials (ASX:AXE) Will Use Its Cash Wisely
1 month ago | Simply Wall StDo Insiders Own Lots Of Shares In Archer Materials Limited (ASX:AXE)?
3 months ago | Simply Wall StArcher Materials (ASX:AXE) Shareholders Have Enjoyed A 93% Share Price Gain
Is Archer Materials 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 AXE's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate AXE's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: AXE is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: AXE 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 AXE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AXE is overvalued based on its PB Ratio (1.9x) compared to the AU Metals and Mining industry average (1x).
How is Archer 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 Archer 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.
- Examine Archer Materials's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Archer Materials competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Archer Materials performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AXE is currently unprofitable.
Growing Profit Margin: AXE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AXE is unprofitable, and losses have increased over the past 5 years at a rate of -21.4% per year.
Accelerating Growth: Unable to compare AXE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AXE is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-7%).
Return on Equity
High ROE: AXE has a negative Return on Equity (-13.07%), as it is currently unprofitable.
How is Archer Materials's financial position?
Financial Position Analysis
Short Term Liabilities: AXE's short term assets (A$4.4M) exceed its short term liabilities (A$443.6K).
Long Term Liabilities: AXE's short term assets (A$4.4M) exceed its long term liabilities (A$28.2K).
Debt to Equity History and Analysis
Debt Level: AXE is debt free.
Reducing Debt: AXE has not had any debt for past 5 years.
Inventory Level: AXE has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if AXE's debt is covered by short term assets.
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: AXE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: AXE has less than a year of cash runway if free cash flow continues to grow at historical rates of 8.2% each year.
What is Archer Materials's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AXE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate AXE's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AXE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AXE'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 AXE'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
Dr. Mohammad Choucair, PhD, FRACI FRSN has been Chief Executive Officer of Archer Materials Limited (Formerly, Archer Exploration Limited) since December 1, 2017. Dr. Choucair was the first person in the w ...
CEO Compensation Analysis
Compensation vs Market: Mohammad's total compensation ($USD190.17K) is about average for companies of similar size in the Australian market ($USD245.57K).
Compensation vs Earnings: Mohammad's compensation has been consistent with company performance over the past year.
|Executive Chairman of the Board||11.67yrs||AU$355.32k||0.97% A$330.1k|
|Non-Executive Director||13yrs||AU$65.57k||1.27% A$432.1k|
|Non-Executive Director||4yrs||AU$65.57k||0.15% A$50.0k|
Experienced Board: AXE's board of directors are seasoned and experienced ( 11.7 years average tenure).
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 been diluted in the past year, with total shares outstanding growing by 5.4%.
Archer Materials Limited's company bio, employee growth, exchange listings and data sources
- Name: Archer Materials Limited
- Ticker: AXE
- Exchange: ASX
- Founded: 2007
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$33.987m
- Shares outstanding: 212.42m
- Website: https://www.archerx.com.au
- Archer Materials Limited
- 28 Greenhill Road
- Ground Floor
- South Australia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|38A||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Aug 2007|
|AXE||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Aug 2007|
|AXE||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Aug 2007|
|38A||BRSE (Berne Stock Exchange)||Yes||Ordinary Shares||CH||CHF||Aug 2007|
|ARRX.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Aug 2007|
Archer Materials Limited, a materials technology company, is developing materials in quantum computing, biotechnology, and lithium-ion batteries; and exploring for minerals in Australia. It holds intellectual property, broad-scope of mineral tenements, and in-house expertise, as well as has access to approximately $300 million of R&D infrastructure. The company was formerly known as Archer Exploration Limited and changed its name to Archer Materials Limited in October 2019. Archer Materials Limited was incorporated in 2007 and is based in Adelaide, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/31 10:46|
|End of Day Share Price||2020/03/31 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.