Executive Summary
Capricorn Metals Ltd engages in the mineral exploration and project evaluation business in Australia and Madagascar. More Details
Rewards
Risk Analysis
Snowflake Analysis
Exceptional growth potential with mediocre balance sheet.
Similar Companies
Share Price & News
How has Capricorn Metals's share price performed over time and what events caused price changes?
Latest Share Price and Events
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.
Market Performance
7 Day Return
0.5%
CMM
1.3%
AU Metals and Mining
0.6%
AU Market
1 Year Return
34.0%
CMM
43.5%
AU Metals and Mining
32.6%
AU Market
Return vs Industry: CMM underperformed the Australian Metals and Mining industry which returned 40.1% over the past year.
Return vs Market: CMM exceeded the Australian Market which returned 30.4% over the past year.
Shareholder returns
| CMM | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.5% | 1.3% | 0.6% |
| 30 Day | 12.9% | 1.8% | 4.5% |
| 90 Day | 27.6% | 8.5% | 6.9% |
| 1 Year | 34.0%34.0% | 51.0%43.5% | 37.0%32.6% |
| 3 Year | 513.3%491.2% | 75.6%51.0% | 35.9%19.7% |
| 5 Year | 178.1%168.0% | 174.1%123.9% | 71.3%38.1% |
Long-Term Price Volatility Vs. Market
How volatile is Capricorn Metals's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Capricorn Metals Ltd's (ASX:CMM) Shift From Loss To Profit1 month ago | Simply Wall St
How Much Of Capricorn Metals Ltd (ASX:CMM) Do Insiders Own?2 months ago | Simply Wall St
How Many Capricorn Metals Ltd (ASX:CMM) Shares Did Insiders Buy, In The Last Year?Valuation
Is Capricorn Metals undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CMM (A$2.01) is trading below our estimate of fair value (A$18.46)
Significantly Below Fair Value: CMM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CMM is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: CMM 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 CMM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CMM is overvalued based on its PB Ratio (5.3x) compared to the AU Metals and Mining industry average (2.7x).
Future Growth
How is Capricorn Metals forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
106.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CMM is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: CMM is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: CMM's is expected to become profitable in the next 3 years.
Revenue vs Market: CMM's revenue (106.9% per year) is forecast to grow faster than the Australian market (5.3% per year).
High Growth Revenue: CMM's revenue (106.9% 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 (35.3%)
Past Performance
How has Capricorn Metals performed over the past 5 years?
-42.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CMM is currently unprofitable.
Growing Profit Margin: CMM is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CMM is unprofitable, and losses have increased over the past 5 years at a rate of 42.1% per year.
Accelerating Growth: Unable to compare CMM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CMM is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (25.6%).
Return on Equity
High ROE: CMM has a negative Return on Equity (-6.2%), as it is currently unprofitable.
Financial Health
How is Capricorn Metals's financial position?
Financial Position Analysis
Short Term Liabilities: CMM's short term assets (A$23.6M) exceed its short term liabilities (A$14.3M).
Long Term Liabilities: CMM's short term assets (A$23.6M) exceed its long term liabilities (A$14.1M).
Debt to Equity History and Analysis
Debt Level: CMM's debt to equity ratio (1.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if CMM's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
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: CMM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CMM has less than a year of cash runway if free cash flow continues to reduce at historical rates of 52.4% each year
Dividend
What is Capricorn Metals's current dividend yield, its reliability and sustainability?
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.
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 CMM'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?
1.7yrs
Average management tenure
CEO
Kim Massey
1.75yrs
Tenure
AU$975,215
Compensation
Mr. Kim Massey, B.Com, CA, serves as Non-Executive Director at DiscovEx Resources Limited since 2021. He serves as Chief Executive Officer of Capricorn Metals Ltd since September 16, 2019 and serves as Int...
CEO Compensation Analysis
Compensation vs Market: Kim's total compensation ($USD750.40K) is about average for companies of similar size in the Australian market ($USD683.14K).
Compensation vs Earnings: Insufficient data to compare Kim's compensation with company performance.
Leadership Team
Experienced Management: CMM's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
Experienced Board: CMM's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
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 7.1%.
Top Shareholders
Company Information
Capricorn Metals Ltd's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Capricorn Metals Ltd
- Ticker: CMM
- Exchange: ASX
- Founded: 2006
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$703.539m
- Shares outstanding: 350.02m
- Website: https://www.capmetals.com.au
Number of Employees
Location
- Capricorn Metals Ltd
- 28 Ord Street
- Level 1
- West Perth
- Western Australia
- 6005
- Australia
Listings
Biography
Capricorn Metals Ltd engages in the mineral exploration and project evaluation business in Australia and Madagascar. It holds a 100% interest in the Karlawinda gold project located in the Pilbara region of...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/06/14 08:37 |
| End of Day Share Price | 2021/06/11 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/06/30 |
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.