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ELT

ElementosASX:ELT Stock Report

Market Cap

AU$101.3m

7D

-3.8%

1Y

400.0%

Updated

25 Oct, 2021

Data

Company Financials
ELT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

ELT Overview

Elementos Limited engages in the exploration and development of mineral properties in Australia and Spain.

Price History & Performance

Summary of all time highs, changes and price drops for Elementos
Historical stock prices
Current Share PriceAU$0.025
52 Week HighAU$0.004
52 Week LowAU$0.029
Beta2.48
1 Month Change13.64%
3 Month Change56.25%
1 Year Change400.00%
3 Year Change400.00%
5 Year Change257.14%
Change since IPO25.01%

Recent News & Updates

Shareholder Returns

ELTAU Metals and MiningAU Market
7D-3.8%-1.7%0.6%
1Y400.0%10.8%21.3%

Return vs Industry: ELT exceeded the Australian Metals and Mining industry which returned 10.8% over the past year.

Return vs Market: ELT exceeded the Australian Market which returned 21.3% over the past year.

Price Volatility

Is ELT's price volatile compared to industry and market?
ELT volatility
ELT Beta2.48
Industry Beta0.97
Market Beta1

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

Volatility Over Time: ELT's weekly volatility has decreased from 19% to 13% over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
200914Joe Davidhttps://www.elementos.com.au

Elementos Limited engages in the exploration and development of mineral properties in Australia and Spain. The company primarily explores for tin, copper, and tungsten deposits. Its flagship project is the Oropesa tin project covering an area of 13 square kilometers located in the Andalucia, Spain.

Elementos Fundamentals Summary

How do Elementos's earnings and revenue compare to its market cap?
ELT fundamental statistics
Market CapAU$101.32m
Earnings (TTM)-AU$1.61m
Revenue (TTM)n/a

0x

P/S Ratio

-64.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ELT income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$1.61m
Earnings-AU$1.61m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.00039
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio10.6%

How did ELT perform over the long term?

See historical performance and comparison

Valuation

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

6.96x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: ELT is overvalued based on its PB Ratio (7x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

-0.5%

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 Elementos 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 Elementos performed over the past 5 years?

-7.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ELT is currently unprofitable.

Growing Profit Margin: ELT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ELT is unprofitable, and losses have increased over the past 5 years at a rate of 7.9% per year.

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

Earnings vs Industry: ELT 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: ELT has a negative Return on Equity (-11.06%), as it is currently unprofitable.


Financial Health

How is Elementos's financial position?


Financial Position Analysis

Short Term Liabilities: ELT's short term assets (A$5.8M) exceed its short term liabilities (A$2.7M).

Long Term Liabilities: ELT's short term assets (A$5.8M) exceed its long term liabilities (A$9.9K).


Debt to Equity History and Analysis

Debt Level: ELT's debt to equity ratio (10.6%) is considered satisfactory.

Reducing Debt: ELT's debt to equity ratio has reduced from 11.3% to 10.6% over the 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: ELT has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: ELT has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 8.9% each year.


Dividend

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


Dividend Yield vs Market

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

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

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

2.5yrs

Average management tenure


CEO

Joe David

0.50

Tenure

AU$260,840

Compensation

Mr. Joe David serves as Chief Executive Officer at Elementos Limited since April 13, 2021. Mr. David served as Executive Development Manager at Flinders Mines included the management and completion of all...


CEO Compensation Analysis

Compensation vs Market: Joe's total compensation ($USD195.53K) is below average for companies of similar size in the Australian market ($USD302.38K).

Compensation vs Earnings: Insufficient data to compare Joe's compensation with company performance.


Leadership Team

Experienced Management: ELT's management team is considered experienced (2.5 years average tenure).


Board Members

Experienced Board: ELT's board of directors are considered experienced (6 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 30.5%.


Top Shareholders

Company Information

Elementos Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Elementos Limited
  • Ticker: ELT
  • Exchange: ASX
  • Founded: 2009
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$101.317m
  • Shares outstanding: 4.05b
  • Website: https://www.elementos.com.au

Number of Employees


Location

  • Elementos Limited
  • 167 Eagle Street
  • Level 7
  • Brisbane
  • Queensland
  • 4000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 16:56
End of Day Share Price2021/10/25 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.