Eastern Iron Limited engages in the exploration of iron ore, precious, and base metals resources in Australia. More Details
+ 1 more risk
Adequate balance sheet and overvalued.
Share Price & News
How has Eastern Iron's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EFE's share price has been volatile over the past 3 months.
7 Day Return
AU Metals and Mining
1 Year Return
AU Metals and Mining
Return vs Industry: EFE exceeded the Australian Metals and Mining industry which returned 10.7% over the past year.
Return vs Market: EFE exceeded the Australian Market which returned -9.2% over the past year.
Price Volatility Vs. Market
How volatile is Eastern Iron's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 months ago | Simply Wall StDid You Manage To Avoid Eastern Iron's (ASX:EFE) Painful 58% Share Price Drop?
6 months ago | Simply Wall StDo Insiders Own Shares In Eastern Iron Limited (ASX:EFE)?
7 months ago | Simply Wall StWe're Keeping An Eye On Eastern Iron's (ASX:EFE) Cash Burn Rate
Is Eastern Iron 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 EFE's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate EFE's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: EFE is unprofitable, so we can't compare its PE Ratio to the AU Metals and Mining industry average.
PE vs Market: EFE 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 EFE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: EFE is good value based on its PB Ratio (1.4x) compared to the AU Metals and Mining industry average (2.5x).
How is Eastern Iron forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Eastern Iron 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.
- Examine Eastern Iron's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Eastern Iron competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Eastern Iron performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EFE is currently unprofitable.
Growing Profit Margin: EFE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: EFE is unprofitable, but has reduced losses over the past 5 years at a rate of 11.8% per year.
Accelerating Growth: Unable to compare EFE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: EFE is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (38%).
Return on Equity
High ROE: EFE has a negative Return on Equity (-14.28%), as it is currently unprofitable.
How is Eastern Iron's financial position?
Financial Position Analysis
Short Term Liabilities: EFE's short term assets (A$125.3K) exceed its short term liabilities (A$103.1K).
Long Term Liabilities: EFE has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: EFE is debt free.
Reducing Debt: EFE 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: EFE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EFE has less than a year of cash runway if free cash flow continues to grow at historical rates of 19.6% each year.
What is Eastern Iron current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate EFE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate EFE'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 EFE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if EFE'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 EFE'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 board tenure
Eastern Iron has no CEO, or we have no data on them.
|Independent Non-Executive Director||2.58yrs||AU$78.37k||0.015% |
|Alternate Director||3.25yrs||no data||no data|
|Independent Non-Executive Chairman||3.25yrs||AU$60.00k||no data|
|Independent Non-Executive Director||3.25yrs||AU$60.00k||2.51% |
Experienced Board: EFE's board of directors are considered experienced (3.3 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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 15%.
Eastern Iron Limited's company bio, employee growth, exchange listings and data sources
- Name: Eastern Iron Limited
- Ticker: EFE
- Exchange: ASX
- Founded: 2007
- Industry: Steel
- Sector: Materials
- Market Cap: AU$5.684m
- Shares outstanding: 473.69m
- Website: https://www.easterniron.com.au
- Eastern Iron Limited
- 80 Chandos Street
- Suite 3
- St Leonards
- New South Wales
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|EFE||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||May 2008|
|EFE||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||May 2008|
Eastern Iron Limited engages in the exploration of iron ore, precious, and base metals resources in Australia. The company also explores for copper-gold volcanogenic sulphide deposits. Its flagship project ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/30 10:37|
|End of Day Share Price||2020/10/30 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.