Cobalt Blue Holdings Limited engages in the exploration and evaluation of early-stage cobalt resources in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.43|
|52 Week High||AU$0.095|
|52 Week Low||AU$0.52|
|1 Month Change||30.30%|
|3 Month Change||56.36%|
|1 Year Change||330.00%|
|3 Year Change||95.46%|
|5 Year Change||n/a|
|Change since IPO||95.46%|
Recent News & Updates
Does Cobalt Blue Holdings (ASX:COB) Have A Healthy Balance Sheet?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
|COB||AU Metals and Mining||AU Market|
Return vs Industry: COB exceeded the Australian Metals and Mining industry which returned 10.8% over the past year.
Return vs Market: COB exceeded the Australian Market which returned 21.3% over the past year.
Stable Share Price: COB is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: COB's weekly volatility (11%) has been stable over the past year.
About the Company
Cobalt Blue Holdings Limited engages in the exploration and evaluation of early-stage cobalt resources in Australia. It holds 100% interest in the Broken Hill Cobalt project comprises seven tenements covering an area of approximately 220 square kilometers located in the Broken Hill, New South Wales. The company was incorporated in 2016 and is based in North Sydney, Australia.
Cobalt Blue Holdings Fundamentals Summary
|COB fundamental statistics|
Is COB overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|COB income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.009|
|Net Profit Margin||-2,310.34%|
How did COB perform over the long term?See historical performance and comparison
Is Cobalt Blue Holdings undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate COB's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate COB's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: COB is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: COB 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 COB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: COB is overvalued based on its PB Ratio (3.9x) compared to the AU Metals and Mining industry average (2.6x).
How is Cobalt Blue Holdings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: COB is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: COB is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: COB is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: COB is forecast to have no revenue next year.
High Growth Revenue: COB is forecast to have no revenue next year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: COB is forecast to be unprofitable in 3 years.
How has Cobalt Blue Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: COB is currently unprofitable.
Growing Profit Margin: COB is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: COB is unprofitable, and losses have increased over the past 5 years at a rate of 13.4% per year.
Accelerating Growth: Unable to compare COB's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: COB is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).
Return on Equity
High ROE: COB has a negative Return on Equity (-8.21%), as it is currently unprofitable.
How is Cobalt Blue Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: COB's short term assets (A$10.0M) exceed its short term liabilities (A$2.0M).
Long Term Liabilities: COB's short term assets (A$10.0M) exceed its long term liabilities (A$2.3M).
Debt to Equity History and Analysis
Debt Level: COB's debt to equity ratio (6.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if COB's debt to equity ratio has reduced over the past 5 years.
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: COB has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: COB has sufficient cash runway for 1.6 years if free cash flow continues to grow at historical rates of 3.3% each year.
What is Cobalt Blue Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate COB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate COB'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 COB's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if COB'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 COB's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Joe Kaderavek (53 yo)
Mr. Josef Kaderavek, also known as Joe, CFA has been Chief Executive Officer of Cobalt Blue Holdings Limited since October 24, 2016 and has been its Executive Director since October 24, 2016. Mr. Kaderavek...
CEO Compensation Analysis
Compensation vs Market: Joe's total compensation ($USD356.07K) is about average for companies of similar size in the Australian market ($USD302.38K).
Compensation vs Earnings: Joe's compensation has increased whilst the company is unprofitable.
Experienced Management: COB's management team is considered experienced (3.1 years average tenure).
Experienced Board: COB's board of directors are considered experienced (5 years average tenure).
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 25.7%.
Cobalt Blue Holdings Limited's employee growth, exchange listings and data sources
- Name: Cobalt Blue Holdings Limited
- Ticker: COB
- Exchange: ASX
- Founded: 2016
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$128.354m
- Shares outstanding: 298.50m
- Website: https://www.cobaltblueholdings.com
Number of Employees
- Cobalt Blue Holdings Limited
- 100 Miller Street
- Suite 17.03
- North Sydney
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 16:58|
|End of Day Share Price||2021/10/25 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.