| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
BTR Overview
Brightstar Resources Limited, together with its subsidiaries, explores for and develops mineral properties in Australia.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.05 |
| 52 Week High | AU$0.024 |
| 52 Week Low | AU$0.093 |
| Beta | 3.64 |
| 1 Month Change | 51.52% |
| 3 Month Change | 78.57% |
| 1 Year Change | 78.57% |
| 3 Year Change | 2,400.00% |
| 5 Year Change | 1,150.00% |
| Change since IPO | -77.84% |
Recent News & Updates
Shareholder Returns
| BTR | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | 35.1% | 4.3% | 0.9% |
| 1Y | 78.6% | 12.2% | 20.2% |
Return vs Industry: BTR exceeded the Australian Metals and Mining industry which returned 12.2% over the past year.
Return vs Market: BTR exceeded the Australian Market which returned 20.2% over the past year.
Price Volatility
| BTR volatility | |
|---|---|
| BTR Beta | 3.64 |
| Industry Beta | 0.97 |
| Market Beta | 1 |
Stable Share Price: BTR is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 17% a week.
Volatility Over Time: BTR's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2002 | n/a | Bill Hobba | https://www.brightstarresources.com.au |
Brightstar Resources Limited, together with its subsidiaries, explores for and develops mineral properties in Australia. The company primarily explores for gold deposits. It holds interests in the Alpha Deposit, Beta, and Cork Tree Well (Delta) Deposit located in Western Australia.
Brightstar Resources Fundamentals Summary
| BTR fundamental statistics | |
|---|---|
| Market Cap | AU$26.33m |
| Earnings (TTM) | AU$60.55m |
| Revenue (TTM) | AU$96.07k |
0.4x
P/E Ratio277.8x
P/S RatioIs BTR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BTR income statement (TTM) | |
|---|---|
| Revenue | AU$96.07k |
| Cost of Revenue | AU$332.00k |
| Gross Profit | -AU$235.94k |
| Expenses | -AU$60.79m |
| Earnings | AU$60.55m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.11 |
| Gross Margin | -245.60% |
| Net Profit Margin | 63,032.18% |
| Debt/Equity Ratio | 27.0% |
How did BTR perform over the long term?
See historical performance and comparisonValuation
Is Brightstar Resources undervalued compared to its fair value and its price relative to the market?
0.43x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate BTR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate BTR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: BTR is good value based on its PE Ratio (0.4x) compared to the Australian Metals and Mining industry average (15x).
PE vs Market: BTR is good value based on its PE Ratio (0.4x) compared to the Australian market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BTR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BTR is overvalued based on its PB Ratio (11.3x) compared to the AU Metals and Mining industry average (2.5x).
Future Growth
How is Brightstar Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
-0.3%
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 Brightstar Resources 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 Brightstar Resources performed over the past 5 years?
71.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BTR has a large one-off gain of A$63.1M impacting its June 30 2021 financial results.
Growing Profit Margin: BTR became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: BTR has become profitable over the past 5 years, growing earnings by 71.6% per year.
Accelerating Growth: BTR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: BTR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).
Return on Equity
High ROE: BTR's Return on Equity (2594.5%) is considered outstanding.
Financial Health
How is Brightstar Resources's financial position?
Financial Position Analysis
Short Term Liabilities: BTR's short term assets (A$1.0M) do not cover its short term liabilities (A$1.7M).
Long Term Liabilities: BTR's short term assets (A$1.0M) do not cover its long term liabilities (A$6.8M).
Debt to Equity History and Analysis
Debt Level: BTR's debt to equity ratio (27%) is considered satisfactory.
Reducing Debt: BTR had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: BTR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BTR's interest payments on its debt are not well covered by EBIT (0.2x coverage).
Balance Sheet
Dividend
What is Brightstar Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BTR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BTR'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 BTR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BTR'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 BTR'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?
0.9yrs
Average management tenure
CEO
Bill Hobba (71 yo)
0.83
Tenure
AU$777,143
Compensation
Mr. William Hobba, also known as Bill, has been the Managing Director of Brightstar Resources Ltd. since December 3, 2020 and Executive Director since September 10, 2020 and served as its Non-Executive Dir...
CEO Compensation Analysis
Compensation vs Market: Bill's total compensation ($USD576.82K) is above average for companies of similar size in the Australian market ($USD302.72K).
Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: BTR's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
Board Members
Experienced Board: BTR's board of directors are considered experienced (9.1 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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Brightstar Resources Limited's employee growth, exchange listings and data sources
Key Information
- Name: Brightstar Resources Limited
- Ticker: BTR
- Exchange: ASX
- Founded: 2002
- Industry: Gold
- Sector: Materials
- Market Cap: AU$26.334m
- Shares outstanding: 526.69m
- Website: https://www.brightstarresources.com.au
Location
- Brightstar Resources Limited
- 3/25 Belgravia Street
- Belmont
- Western Australia
- 6104
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/17 07:03 |
| End of Day Share Price | 2021/10/15 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
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.