ASX:DKM

Stock Analysis Report

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Executive Summary

Duketon Mining Limited engages in the exploration and evaluation of mineral resources in Australia. More Details


Snowflake Analysis

Flawless balance sheet and fair value.


Similar Companies

Share Price & News

How has Duketon Mining's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: DKM is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: DKM's weekly volatility (10%) has been stable over the past year.


Market Performance


7 Day Return

12.1%

DKM

2.5%

AU Metals and Mining

-1.6%

AU Market


1 Year Return

124.1%

DKM

49.4%

AU Metals and Mining

8.6%

AU Market

Return vs Industry: DKM exceeded the Australian Metals and Mining industry which returned 49.7% over the past year.

Return vs Market: DKM exceeded the Australian Market which returned 8.7% over the past year.


Shareholder returns

DKMIndustryMarket
7 Day12.1%2.5%-1.6%
30 Day4.8%5.5%0.5%
90 Day22.6%18.3%2.7%
1 Year124.1%124.1%57.2%49.4%12.2%8.6%
3 Year35.4%35.4%81.0%56.3%28.3%12.8%
5 Year109.7%109.7%210.3%153.6%61.6%30.2%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Duketon Mining undervalued compared to its fair value and its price relative to the market?

2.01x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: DKM is good value based on its PE Ratio (2x) compared to the AU Metals and Mining industry average (12.9x).

PE vs Market: DKM is good value based on its PE Ratio (2x) compared to the Australian market (20.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate DKM's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: DKM is good value based on its PB Ratio (1.7x) compared to the AU Metals and Mining industry average (2.8x).


Next Steps

Future Growth

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

-5.7%

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 Duketon Mining 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 Duketon Mining performed over the past 5 years?

59.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DKM has a large one-off gain of A$21.3M impacting its June 30 2020 financial results.

Growing Profit Margin: DKM became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: DKM has become profitable over the past 5 years, growing earnings by 59.2% per year.

Accelerating Growth: DKM has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: DKM has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (20.2%).


Return on Equity

High ROE: DKM's Return on Equity (84.8%) is considered outstanding.


Next Steps

Financial Health

How is Duketon Mining's financial position?


Financial Position Analysis

Short Term Liabilities: DKM's short term assets (A$22.7M) exceed its short term liabilities (A$212.0K).

Long Term Liabilities: DKM's short term assets (A$22.7M) exceed its long term liabilities (A$16.7K).


Debt to Equity History and Analysis

Debt Level: DKM is debt free.

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

Debt Coverage: DKM has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: DKM has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Duketon Mining current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if DKM'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 DKM'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?

7.3yrs

Average board tenure


CEO

Stuart Fogarty (48 yo)

no data

Tenure

AU$349,410

Compensation

Mr. Stuart Fogarty, B.Sc (Geology) (Hons), serves as Managing Director of Duketon Mining Limited and has been its Executive Director since October 21, 2013. Mr. Fogarty has been an Executive Director at Da...


CEO Compensation Analysis

Compensation vs Market: Stuart's total compensation ($USD269.56K) is about average for companies of similar size in the Australian market ($USD298.64K).

Compensation vs Earnings: Stuart's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Stuart Fogarty
MD & Directorno dataAU$349.41k1.28%
A$ 503.7k
Heath Hellewell
Independent Non-Executive Director6.25yrsAU$71.45k0.50%
A$ 195.0k
Seamus Cornelius
Independent Non-Executive Chairman8yrsAU$86.78k6.32%
A$ 2.5m

7.3yrs

Average Tenure

50yo

Average Age

Experienced Board: DKM's board of directors are considered experienced (7.3 years average tenure).


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 2.4%.


Top Shareholders

Company Information

Duketon Mining Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Duketon Mining Limited
  • Ticker: DKM
  • Exchange: ASX
  • Founded: 2012
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$39.362m
  • Shares outstanding: 121.11m
  • Website: https://www.duketonmining.com.au

Location

  • Duketon Mining Limited
  • 45 Richardson Street
  • Level 2
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DKMASX (Australian Securities Exchange)YesOrdinary SharesAUAUDAug 2014
DKMCHIA (Chi-X Australia)YesOrdinary SharesAUAUDAug 2014
DKNDB (Deutsche Boerse AG)YesOrdinary SharesDEEURAug 2014

Biography

Duketon Mining Limited engages in the exploration and evaluation of mineral resources in Australia. The company primarily explores for nickel, copper, platinum, and palladium. Its flagship property is the ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/27 07:36
End of Day Share Price2021/02/26 00:00
Earnings2020/06/30
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.