ASX:BPL

Stock Analysis Report

Broken Hill Prospecting

Executive Summary

Broken Hill Prospecting Limited engages in the exploration and development of mineral resources in Australia.

Risk Analysis

Earnings have declined by -26.31% per year over past 5 years

Has less than 1 year of cash runway

Makes less than USD$1m in revenue (A$35K)

Does not have a meaningful market cap (A$4M)

+ 2 more risks


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

How has Broken Hill Prospecting's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BPL's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-18.5%

BPL

3.5%

AU Metals and Mining

2.0%

AU Market


1 Year Return

-35.3%

BPL

21.4%

AU Metals and Mining

18.2%

AU Market

Return vs Industry: BPL underperformed the Australian Metals and Mining industry which returned 21.4% over the past year.

Return vs Market: BPL underperformed the Australian Market which returned 18.2% over the past year.


Shareholder returns

BPLIndustryMarket
7 Day-18.5%3.5%2.0%
30 Day-15.4%2.5%-0.7%
90 Day-12.0%0.7%0.7%
1 Year-35.3%-35.3%30.3%21.4%24.1%18.2%
3 Year-40.5%-40.5%61.0%38.9%36.0%17.3%
5 Year-31.8%-37.1%117.8%66.3%64.1%27.1%

Price Volatility Vs. Market

How volatile is Broken Hill Prospecting's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Broken Hill Prospecting undervalued compared to its fair value and its price relative to the market?

1.01x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: BPL is good value based on its PB Ratio (1x) compared to the AU Metals and Mining industry average (1.4x).


Next Steps

Future Growth

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

1.5%

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 Broken Hill Prospecting 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.


Next Steps

Past Performance

How has Broken Hill Prospecting performed over the past 5 years?

-26.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BPL is currently unprofitable.

Growing Profit Margin: BPL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BPL is unprofitable, and losses have increased over the past 5 years at a rate of -26.3% per year.

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

Earnings vs Industry: BPL is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (7.8%).


Return on Equity

High ROE: BPL has a negative Return on Equity (-42.13%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Broken Hill Prospecting's financial position?


Financial Position Analysis

Short Term Liabilities: BPL's short term assets (A$596.9K) exceed its short term liabilities (A$192.7K).

Long Term Liabilities: BPL has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: BPL is debt free.

Reducing Debt: BPL has not had any debt for past 5 years.


Balance Sheet

Inventory Level: BPL has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if BPL'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: BPL has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: BPL has less than a year of cash runway if free cash flow continues to reduce at historical rates of -22.2% each year


Next Steps

Dividend

What is Broken Hill Prospecting's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.4%markettop25%5.5%industryaverage4.5%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

Growing Dividend: Insufficient data to determine if BPL'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 BPL's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

What is the CEO of Broken Hill Prospecting's salary, the management and board of directors tenure and is there insider trading?

3.6yrs

Average management tenure


CEO

Trangie Johnston (44yo)

3.6yrs

Tenure

AU$402,693

Compensation

Mr. Anthony Johnston, also known as Trangie, B.Sc, M.Sc., has been the Chief Executive Officer of Broken Hill Prospecting Limited since May 20, 2016 and serves as its Managing Director. Mr. Johnston has be ...


CEO Compensation Analysis

Compensation vs Market: Trangie's total compensation ($USD274.43K) is about average for companies of similar size in the Australian market ($USD260.15K).

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


Management Age and Tenure

3.6yrs

Average Tenure

Experienced Management: BPL's management team is considered experienced (3.6 years average tenure).


Board Age and Tenure

4.3yrs

Average Tenure

73yo

Average Age

Experienced Board: BPL's board of directors are considered experienced (4.3 years average tenure).


Insider Trading

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.


Management Team

  • Wolfgang Leyh

    Geological Consultant

    • Tenure: 0yrs
  • Trangie Johnston (44yo)

    CEO, MD & Director

    • Tenure: 3.6yrs
    • Compensation: AU$402.69k
  • Rob Barnes

    Geological Consultant

    • Tenure: 5.1yrs
    • Compensation: AU$10.14k
  • Edwina Kho

    Consultant

    • Tenure: 0yrs
  • Alan Deans

    Communications Consultant

    • Tenure: 0yrs
  • Ian Morgan

    Company Secretary

    • Tenure: 3.3yrs

Board Members

  • Geoff Hill (73yo)

    Non-Executive Director

    • Tenure: 4.3yrs
    • Compensation: AU$20.00k
  • Matt Hill

    Non-Executive Director

    • Tenure: 7.8yrs
    • Compensation: AU$22.50k
  • Denis Geldard (73yo)

    Independent Non-Executive Director

    • Tenure: 4.3yrs
    • Compensation: AU$34.00k
  • Francis Creagh O'Connor

    Non-Executive Chairman

    • Tenure: 15.9yrs
    • Compensation: AU$37.50k
  • Trangie Johnston (44yo)

    CEO, MD & Director

    • Tenure: 3.6yrs
    • Compensation: AU$402.69k

Company Information

Broken Hill Prospecting Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Broken Hill Prospecting Limited
  • Ticker: BPL
  • Exchange: ASX
  • Founded: 1986
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$3.654m
  • Shares outstanding: 166.08m
  • Website: https://www.bhpl.net.au

Location

  • Broken Hill Prospecting Limited
  • 89 York Street
  • Suite 706
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BPLNAASX (Australian Securities Exchange)NPV DFD 16/01/20(EX-RIGHTS)AUAUDNo data
BPLASX (Australian Securities Exchange)YesOrdinary SharesAUAUDFeb 2011
BPLCHIA (Chi-X Australia)YesOrdinary SharesAUAUDFeb 2011
BPLN.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDFeb 2011

Biography

Broken Hill Prospecting Limited engages in the exploration and development of mineral resources in Australia. The company explores for rare earth metals, such as thorium and uranium; heavy mineral sands; t ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/11 10:35
End of Day Share Price2019/12/10 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.