Danakali Limited engages in the exploration of minerals in Eritrea, East Africa.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.46|
|52 Week High||AU$0.26|
|52 Week Low||AU$0.64|
|1 Month Change||13.75%|
|3 Month Change||1.11%|
|1 Year Change||10.98%|
|3 Year Change||-39.33%|
|5 Year Change||19.74%|
|Change since IPO||71.70%|
Recent News & Updates
|DNK||AU Chemicals||AU Market|
Return vs Industry: DNK underperformed the Australian Chemicals industry which returned 12.9% over the past year.
Return vs Market: DNK underperformed the Australian Market which returned 20.2% over the past year.
Stable Share Price: DNK is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: DNK's weekly volatility (7%) has been stable over the past year.
About the Company
Danakali Limited engages in the exploration of minerals in Eritrea, East Africa. It focuses on the development of the Colluli potash project located in the Danakil Depression region of Eritrea. The company was formerly known as South Boulder Mines Ltd.
Danakali Fundamentals Summary
|DNK fundamental statistics|
Is DNK overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|DNK income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.019|
|Net Profit Margin||-10,459.13%|
How did DNK perform over the long term?See historical performance and comparison
Is Danakali undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: DNK (A$0.46) is trading below our estimate of fair value (A$7.4)
Significantly Below Fair Value: DNK is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: DNK is unprofitable, so we can't compare its PE Ratio to the Australian Chemicals industry average.
PE vs Market: DNK 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 DNK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DNK is good value based on its PB Ratio (2.2x) compared to the AU Chemicals industry average (4x).
How is Danakali forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DNK is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: DNK is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: DNK's is expected to become profitable in the next 3 years.
Revenue vs Market: DNK's revenue is expected to decline over the next 3 years (-45.5% per year).
High Growth Revenue: DNK's revenue is forecast to decline over the next 3 years (-45.5% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DNK's Return on Equity is forecast to be low in 3 years time (2.9%).
How has Danakali performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DNK is currently unprofitable.
Growing Profit Margin: DNK is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: DNK is unprofitable, and losses have increased over the past 5 years at a rate of 1.7% per year.
Accelerating Growth: Unable to compare DNK's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: DNK is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (-61.8%).
Return on Equity
High ROE: DNK has a negative Return on Equity (-9.4%), as it is currently unprofitable.
How is Danakali's financial position?
Financial Position Analysis
Short Term Liabilities: DNK's short term assets (A$26.2M) exceed its short term liabilities (A$588.2K).
Long Term Liabilities: DNK's short term assets (A$26.2M) exceed its long term liabilities (A$39.9K).
Debt to Equity History and Analysis
Debt Level: DNK is debt free.
Reducing Debt: DNK has not had any debt for 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: DNK has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: DNK has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 10.8% each year.
What is Danakali current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DNK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DNK'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 DNK's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DNK'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 DNK'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
Danakali has no CEO, or we have no data on them.
Experienced Management: DNK's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Experienced Board: DNK's board of directors are not considered experienced ( 1.5 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: DNK 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 15.6%.
Danakali Limited's employee growth, exchange listings and data sources
- Name: Danakali Limited
- Ticker: DNK
- Exchange: ASX
- Founded: 2001
- Industry: Fertilizers and Agricultural Chemicals
- Sector: Materials
- Market Cap: AU$167.592m
- Shares outstanding: 368.33m
- Website: https://www.danakali.com.au
- Danakali Limited
- 2A /300 Fitzgerald Street
- Level 1
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/20 15:23|
|End of Day Share Price||2021/10/20 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.