ASX:CAP

Stock Analysis Report

Carpentaria Resources

Executive Summary

Carpentaria Resources Limited engages in mineral exploration activities in Australia.

Snowflake

Flawless balance sheet and overvalued.

Share Price & News

How has Carpentaria Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-2.8%

CAP

-0.4%

AU Metals and Mining

-1.0%

AU Market


1 Year Return

-48.5%

CAP

16.5%

AU Metals and Mining

16.2%

AU Market

Return vs Industry: CAP underperformed the Australian Metals and Mining industry which returned 16.5% over the past year.

Return vs Market: CAP underperformed the Australian Market which returned 16.2% over the past year.


Shareholder returns

CAPIndustryMarket
7 Day-2.8%-0.4%-1.0%
30 Day-18.6%1.8%-0.2%
90 Day12.9%1.9%2.2%
1 Year-48.5%-48.5%25.0%16.5%21.9%16.2%
3 Year-35.9%-36.4%53.5%32.1%36.3%17.7%
5 Year-7.2%-7.9%82.3%39.0%52.7%18.3%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

1.23x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: CAP is good value based on its PB Ratio (1.2x) compared to the AU Metals and Mining industry average (1.5x).


Next Steps

Future Growth

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

2.2%

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 Carpentaria 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.


Next Steps

Past Performance

How has Carpentaria Resources performed over the past 5 years?

34.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CAP has high quality earnings.

Growing Profit Margin: CAP is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CAP is unprofitable, but has reduced losses over the past 5 years at a rate of 34.1% per year.

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

Earnings vs Industry: CAP 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: CAP has a negative Return on Equity (-23.61%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Carpentaria Resources's financial position?


Financial Position Analysis

Short Term Liabilities: CAP's short term assets (A$3.1M) exceeds its short term liabilities (A$452.9K)

Long Term Liabilities: CAP has no long term liabilities


Debt to Equity History and Analysis

Debt Level: CAP is debt free.

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


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if CAP'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: CAP has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: CAP has sufficient cash runway for 1.333646 years if free cash flow continues to grow at historical rates of 0.3% each year.


Next Steps

Dividend

What is Carpentaria Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.4%markettop25%5.6%industryaverage4.7%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

Growing Dividend: Insufficient data to determine if CAP'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 CAP'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 Carpentaria Resources's salary, the management and board of directors tenure and is there insider trading?

5.8yrs

Average board tenure


CEO

Quentin Hill 0

6.2yrs

Tenure

AU$389,565

Compensation

Mr. Quentin Simon Hill, Bachelor of Science (Geology), has been Managing Director of Carpentaria Exploration Limited since September 1, 2013. Mr. Hill served as a Principal Geologist of New Business at Car ...


CEO Compensation Analysis

Compensation vs Market: Quentin's total compensation ($USD264.52K) is about average for companies of similar size in the Australian market ($USD255.42K).

Compensation vs Earnings: Quentin's compensation has increased whilst the company is unprofitable.


Board Age and Tenure

5.8yrs

Average Tenure

Experienced Board: CAP's board of directors are considered experienced (5.8 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 been diluted in the past year, with total shares outstanding growing by 15.5%.


Management Team

  • Bob Hair (66yo)

    Company Secretary

    • Tenure: 4.1yrs
    • Compensation: AU$195.68k
  • Quentin Hill

    MD & Director

    • Tenure: 6.2yrs
    • Compensation: AU$389.57k

Board Members

  • Paul Cholakos

    Independent Non-Executive Director

    • Tenure: 7.6yrs
    • Compensation: AU$58.04k
  • Jon Parker (71yo)

    Independent Non-Executive Director

    • Tenure: 1.4yrs
    • Compensation: AU$66.53k
  • Neil Williams

    Independent Non-Executive Chairman

    • Tenure: 5.3yrs
    • Compensation: AU$91.45k
  • Quentin Hill

    MD & Director

    • Tenure: 6.2yrs
    • Compensation: AU$389.57k

Company Information

Carpentaria Resources Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Carpentaria Resources Limited
  • Ticker: CAP
  • Exchange: ASX
  • Founded: 2000
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$9.630m
  • Shares outstanding: 275.13m
  • Website: https://carpentariares.com.au

Location

  • Carpentaria Resources Limited
  • 345 Ann Street
  • Level 6
  • Brisbane
  • Queensland
  • 4000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CAPASX (Australian Securities Exchange)YesOrdinary SharesAUAUDNov 2007
78ADB (Deutsche Boerse AG)YesOrdinary SharesDEEURNov 2007
CAPCHIA (Chi-X Australia)YesOrdinary SharesAUAUDNov 2007

Biography

Carpentaria Resources Limited engages in mineral exploration activities in Australia. The company explores for magnetite iron, tin, antinomy, copper, and gold deposits. Its flagship property is the Hawsons ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/22 10:34
End of Day Share Price2019/11/20 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.