ASX:CXM

Stock Analysis Report

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Market Cap

AU$19.1m

Last Updated

2021/06/20 08:17 UTC

Data Sources

Company Financials

Executive Summary

Centrex Metals Limited operates as a mineral exploration company in Australia. More Details


Snowflake Analysis

Excellent balance sheet and overvalued.


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Share Price & News

How has Centrex Metals's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CXM is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: CXM's weekly volatility has decreased from 18% to 13% over the past year, but is still higher than 75% of Australian stocks.


Market Performance


7 Day Return

-1.9%

CXM

-5.3%

AU Metals and Mining

0.3%

AU Market


1 Year Return

85.7%

CXM

35.9%

AU Metals and Mining

27.8%

AU Market

Return vs Industry: CXM exceeded the Australian Metals and Mining industry which returned 35.9% over the past year.

Return vs Market: CXM exceeded the Australian Market which returned 27.8% over the past year.


Shareholder returns

CXMIndustryMarket
7 Day-1.9%-5.3%0.3%
30 Day-5.5%-2.4%4.6%
90 Day-11.9%6.1%9.0%
1 Year105.3%85.7%42.9%35.9%32.0%27.8%
3 Year-47.8%-52.7%67.6%44.0%34.0%18.0%
5 Year-11.6%-20.0%161.9%123.5%75.2%42.6%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Centrex Metals undervalued compared to its fair value and its price relative to the market?

1.4x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: CXM is good value based on its PB Ratio (1.4x) compared to the AU Metals and Mining industry average (2.5x).


Future Growth

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

-3.7%

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 Centrex Metals 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 Centrex Metals performed over the past 5 years?

-25.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CXM is currently unprofitable.

Growing Profit Margin: CXM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CXM is unprofitable, and losses have increased over the past 5 years at a rate of 25.7% per year.

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

Earnings vs Industry: CXM 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: CXM has a negative Return on Equity (-123.2%), as it is currently unprofitable.


Financial Health

How is Centrex Metals's financial position?


Financial Position Analysis

Short Term Liabilities: CXM's short term assets (A$2.2M) exceed its short term liabilities (A$90.0K).

Long Term Liabilities: CXM's short term assets (A$2.2M) exceed its long term liabilities (A$151.0K).


Debt to Equity History and Analysis

Debt Level: CXM is debt free.

Reducing Debt: CXM has not had any debt for 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: CXM has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: CXM has less than a year of cash runway if free cash flow continues to grow at historical rates of 3.4% each year.


Dividend

What is Centrex Metals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if CXM's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: CXM is not paying a notable dividend for the Australian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CXM'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

Robert Mencel

0.083

Tenure

Mr. Robert J. Mencel serves as General Manager of Operations at Kalium Lakes Limited since September 29, 2020. He was previously the Chief Executive Officer for RONPHOS Corporation, the Republic of Nauru's...


Leadership Team

Experienced Management: CXM's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.


Board Members

Experienced Board: CXM's board of directors are not considered experienced ( 1.5 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 16.4%.


Top Shareholders

Company Information

Centrex Metals Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Centrex Metals Limited
  • Ticker: CXM
  • Exchange: ASX
  • Founded: 2001
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$19.105m
  • Shares outstanding: 367.40m
  • Website: https://www.centrexmetals.com.au

Location

  • Centrex Metals Limited
  • 44 Waymouth Street
  • Level 6
  • Adelaide
  • South Australia
  • 5000
  • Australia

Listings


Biography

Centrex Metals Limited operates as a mineral exploration company in Australia. The company explores for phosphate, potash, zinc, lead, gold, and copper deposits. Its flagship property is the Ardmore phosph...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/20 08:17
End of Day Share Price2021/06/18 00:00
Earnings2020/12/31
Annual Earnings2020/06/30


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.