CMM Stock Overview
Capricorn Metals Ltd explores for, evaluates, and develops mineral properties in Australia and Madagascar.
Capricorn Metals Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$3.43|
|52 Week High||AU$4.85|
|52 Week Low||AU$1.74|
|1 Month Change||-3.11%|
|3 Month Change||-14.46%|
|1 Year Change||81.96%|
|3 Year Change||670.79%|
|5 Year Change||746.91%|
|Change since IPO||154.07%|
Recent News & Updates
|CMM||AU Metals and Mining||AU Market|
Return vs Industry: CMM exceeded the Australian Metals and Mining industry which returned -12.4% over the past year.
Return vs Market: CMM exceeded the Australian Market which returned -11.3% over the past year.
|CMM Average Weekly Movement||7.3%|
|Metals and Mining Industry Average Movement||11.4%|
|Market Average Movement||9.7%|
|10% most volatile stocks in AU Market||16.3%|
|10% least volatile stocks in AU Market||4.2%|
Stable Share Price: CMM is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: CMM's weekly volatility (7%) has been stable over the past year.
About the Company
Capricorn Metals Ltd explores for, evaluates, and develops mineral properties in Australia and Madagascar. It holds a 100% interest in the Karlawinda gold project located in the Pilbara region of Western Australia. The company was formerly known as Malagasy Minerals Limited and changed its name to Capricorn Metals Limited in February 2016.
Capricorn Metals Fundamentals Summary
|CMM fundamental statistics|
Is CMM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CMM income statement (TTM)|
|Cost of Revenue||AU$64.62m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.13|
|Net Profit Margin||39.26%|
How did CMM perform over the long term?See historical performance and comparison
Is CMM undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 3/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for CMM?
Other financial metrics that can be useful for relative valuation.
|What is CMM's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does CMM's PE Ratio compare to its peers?
|CMM PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
EMR Emerald Resources
WAF West African Resources
GOR Gold Road Resources
CYL Catalyst Metals
CMM Capricorn Metals
Price-To-Earnings vs Peers: CMM is good value based on its Price-To-Earnings Ratio (25.8x) compared to the peer average (67.7x).
Price to Earnings Ratio vs Industry
How does CMM's PE Ratio compare vs other companies in the AU Metals and Mining Industry?
Price-To-Earnings vs Industry: CMM is expensive based on its Price-To-Earnings Ratio (25.8x) compared to the Australian Metals and Mining industry average (9x)
Price to Earnings Ratio vs Fair Ratio
What is CMM's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||25.8x|
|Fair PE Ratio||16.4x|
Price-To-Earnings vs Fair Ratio: CMM is expensive based on its Price-To-Earnings Ratio (25.8x) compared to the estimated Fair Price-To-Earnings Ratio (16.4x).
Share Price vs Fair Value
What is the Fair Price of CMM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: CMM (A$3.43) is trading below our estimate of fair value (A$10.43)
Significantly Below Fair Value: CMM is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: CMM is poor value based on its PEG Ratio (2.7x)
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How is Capricorn Metals forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Future Growth Score5/6
Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CMM's forecast earnings growth (9.4% per year) is above the savings rate (1.8%).
Earnings vs Market: CMM's earnings (9.4% per year) are forecast to grow faster than the Australian market (6% per year).
High Growth Earnings: CMM's earnings are forecast to grow, but not significantly.
Revenue vs Market: CMM's revenue (20.5% per year) is forecast to grow faster than the Australian market (5.2% per year).
High Growth Revenue: CMM's revenue (20.5% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CMM's Return on Equity is forecast to be high in 3 years time (20.7%)
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How has Capricorn Metals performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CMM has a high level of non-cash earnings.
Growing Profit Margin: CMM became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: CMM has become profitable over the past 5 years, growing earnings by 16% per year.
Accelerating Growth: CMM has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: CMM has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (57.3%).
Return on Equity
High ROE: CMM's Return on Equity (24.1%) is considered high.
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How is Capricorn Metals's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: CMM's short term assets (A$62.1M) exceed its short term liabilities (A$60.7M).
Long Term Liabilities: CMM's short term assets (A$62.1M) do not cover its long term liabilities (A$121.7M).
Debt to Equity History and Analysis
Debt Level: CMM's net debt to equity ratio (21.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if CMM's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: CMM's debt is well covered by operating cash flow (64.3%).
Interest Coverage: CMM's interest payments on its debt are well covered by EBIT (13.3x coverage).
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What is Capricorn Metals's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CMM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CMM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CMM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CMM's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as CMM has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Kim Massey, B.Com, CA, serves as an Independent Non-Executive Director at DiscovEx Resources Limited since March 11, 2021. He serves as Chief Executive Officer of Capricorn Metals Ltd since September 1...
CEO Compensation Analysis
Compensation vs Market: Kim's total compensation ($USD1.03M) is about average for companies of similar size in the Australian market ($USD1.04M).
Compensation vs Earnings: Kim's compensation has been consistent with company performance over the past year.
Experienced Management: CMM's management team is considered experienced (2.7 years average tenure).
Experienced Board: CMM's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.2%.
Capricorn Metals Ltd's employee growth, exchange listings and data sources
- Name: Capricorn Metals Ltd
- Ticker: CMM
- Exchange: ASX
- Founded: 2006
- Industry: Gold
- Sector: Materials
- Implied Market Cap: AU$1.275b
- Shares outstanding: 371.58m
- Website: https://capmetals.com.au
Number of Employees
- Capricorn Metals Ltd
- 28 Ord Street
- Level 1
- West Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/27 00:00|
|End of Day Share Price||2022/06/27 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.