ASX:BCI

Stock Analysis Report

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Executive Summary

BCI Minerals Limited engages in the exploration and development of mineral assets in Australia. More Details


Snowflake Analysis

Flawless balance sheet and overvalued.


Similar Companies

Share Price & News

How has BCI Minerals's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BCI is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: BCI's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

8.3%

BCI

5.3%

AU Metals and Mining

-0.06%

AU Market


1 Year Return

62.5%

BCI

22.2%

AU Metals and Mining

1.0%

AU Market

Return vs Industry: BCI exceeded the Australian Metals and Mining industry which returned 22.2% over the past year.

Return vs Market: BCI exceeded the Australian Market which returned 1% over the past year.


Shareholder returns

BCIIndustryMarket
7 Day8.3%5.3%-0.06%
30 Day10.6%13.1%9.3%
90 Day6.1%11.7%12.0%
1 Year65.8%62.5%28.6%22.2%4.4%1.0%
3 Year71.1%67.7%69.8%46.6%23.9%8.5%
5 Year112.4%79.3%220.2%159.9%60.2%27.7%

Long-Term Price Volatility Vs. Market

How volatile is BCI Minerals's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

275.13x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: BCI is poor value based on its PE Ratio (275.1x) compared to the AU Metals and Mining industry average (11.5x).

PE vs Market: BCI is poor value based on its PE Ratio (275.1x) compared to the Australian market (22.7x).


Price to Earnings Growth Ratio

PEG Ratio: BCI's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: BCI is good value based on its PB Ratio (1x) compared to the AU Metals and Mining industry average (2.6x).


Next Steps

Future Growth

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

-32.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BCI's earnings are forecast to decline over the next 3 years (-32.6% per year).

Earnings vs Market: BCI's earnings are forecast to decline over the next 3 years (-32.6% per year).

High Growth Earnings: BCI's earnings are forecast to decline over the next 3 years.

Revenue vs Market: BCI's revenue is expected to decline over the next 3 years (-12% per year).

High Growth Revenue: BCI's revenue is forecast to decline over the next 3 years (-12% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BCI's Return on Equity is forecast to be low in 3 years time (1.3%).


Next Steps

Past Performance

How has BCI Minerals performed over the past 5 years?

71.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BCI has a large one-off gain of A$10.2M impacting its June 30 2020 financial results.

Growing Profit Margin: BCI's current net profit margins (0.5%) are lower than last year (23.6%).


Past Earnings Growth Analysis

Earnings Trend: BCI has become profitable over the past 5 years, growing earnings by 71.1% per year.

Accelerating Growth: BCI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: BCI had negative earnings growth (-97.1%) over the past year, making it difficult to compare to the Metals and Mining industry average (38%).


Return on Equity

High ROE: BCI's Return on Equity (0.4%) is considered low.


Next Steps

Financial Health

How is BCI Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: BCI's short term assets (A$58.3M) exceed its short term liabilities (A$19.2M).

Long Term Liabilities: BCI's short term assets (A$58.3M) exceed its long term liabilities (A$12.8M).


Debt to Equity History and Analysis

Debt Level: BCI is debt free.

Reducing Debt: BCI has no debt compared to 5 years ago when its debt to equity ratio was 4%.

Debt Coverage: BCI has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: BCI has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is BCI Minerals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if BCI's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: BCI is not paying a notable dividend for the Australian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BCI'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?

3.1yrs

Average management tenure


CEO

Alwyn Vorster

4.58yrs

Tenure

AU$713,392

Compensation

Mr. Alwyn Petrus Vorster, B.Sc (Honours) in Geology, MSc (Mineral Economics), MBA, has been Managing Director at BCI Minerals Limited since September 22, 2016 and has been its Chief Executive Officer since...


CEO Compensation Analysis

Compensation vs Market: Alwyn's total compensation ($USD530.92K) is above average for companies of similar size in the Australian market ($USD281.85K).

Compensation vs Earnings: Alwyn's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Alwyn Vorster
MD & Executive Director4.58yrsAU$713.39k0.89%
A$ 1.4m
Simon Hodge
Chief Financial Officer3.83yrsAU$437.02k0.077%
A$ 117.8k
Brad Milne
Investor Relations Managerno datano datano data
Stephanie Majteles
General Counselno datano datano data
Colyn Louw
Head of People & Safety0.17yrno datano data
Martin Bennett
Exploration Managerno datano datano data
Susan Hunter
Company Secretary2.42yrsno datano data

3.1yrs

Average Tenure

Experienced Management: BCI's management team is considered experienced (3.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Alwyn Vorster
MD & Executive Director4.58yrsAU$713.39k0.89%
A$ 1.4m
Michael Blakiston
Independent Non-Executive Director3.75yrsAU$90.00kno data
Brian O'Donnell
Non-Executive Chairman4yrsAU$141.75k0.17%
A$ 258.7k
Garret Dixon
Independent Non-Executive Director0.50yrno datano data
Jennifer Bloom
Independent Non-Executive Director3.75yrsAU$76.50k0.015%
A$ 22.9k

3.8yrs

Average Tenure

61yo

Average Age

Experienced Board: BCI's board of directors are considered experienced (3.8 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 50%.


Top Shareholders

Company Information

BCI Minerals Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: BCI Minerals Limited
  • Ticker: BCI
  • Exchange: ASX
  • Founded: 2006
  • Industry: Steel
  • Sector: Materials
  • Market Cap: AU$152.590m
  • Shares outstanding: 598.39m
  • Website: https://www.bciminerals.com.au

Location

  • BCI Minerals Limited
  • 1 Altona Street
  • Level 2
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BCIASX (Australian Securities Exchange)YesOrdinary SharesAUAUDDec 2006
BIRN.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDDec 2006
BC3DB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 2006
BCICHIA (Chi-X Australia)YesOrdinary SharesAUAUDDec 2006

Biography

BCI Minerals Limited engages in the exploration and development of mineral assets in Australia. It explores for salt, sulphate of potash, iron ore, and potash deposits. The company owns a 100% interest in ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/04 07:04
End of Day Share Price2020/12/04 00:00
Earnings2020/06/30
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.