ASX:ELT

Stock Analysis Report

Executive Summary

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


Snowflake Analysis

Imperfect balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: ELT's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

ELT

3.6%

AU Metals and Mining

0.1%

AU Market


1 Year Return

-80.0%

ELT

-20.0%

AU Metals and Mining

-22.8%

AU Market

Return vs Industry: ELT underperformed the Australian Metals and Mining industry which returned -20% over the past year.

Return vs Market: ELT underperformed the Australian Market which returned -22.8% over the past year.


Shareholder returns

ELTIndustryMarket
7 Day0%3.6%0.1%
30 Day-66.7%-20.2%-28.8%
90 Dayn/a-24.5%-30.1%
1 Year-80.0%-80.0%-15.7%-20.0%-19.4%-22.8%
3 Year-84.7%-85.7%20.9%6.8%-9.5%-21.7%
5 Year-86.6%-87.5%63.9%27.6%2.1%-20.8%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

0.33x

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 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 good value based on its PB Ratio (0.3x) compared to the AU Metals and Mining industry average (1x).


Next Steps

Future Growth

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

0.4%

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.


Next Steps

Past Performance

How has Elementos performed over the past 5 years?

11.4%

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, but has reduced losses over the past 5 years at a rate of 11.4% 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 (-7%).


Return on Equity

High ROE: ELT has a negative Return on Equity (-49.11%), as it is currently unprofitable.


Next Steps

Financial Health

How is Elementos's financial position?


Financial Position Analysis

Short Term Liabilities: ELT's short term assets (A$162.7K) do not cover its short term liabilities (A$267.2K).

Long Term Liabilities: ELT's short term assets (A$162.7K) do not cover its long term liabilities (A$769.1K).


Debt to Equity History and Analysis

Debt Level: ELT is debt free.

Reducing Debt: ELT had no debt 5 years ago.


Balance Sheet

Inventory Level: ELT has a high level of physical assets or inventory.

Debt Coverage by Assets: ELT's debt is covered by short term assets (assets are 1.4655253619418E+15x debt).


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 less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if ELT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

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 payouts.

High Dividend: Unable to evaluate ELT's dividend yield against the top 25% of dividend payers, as the company has not reported any 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?

3.2yrs

Average management tenure


CEO

Christopher Creagh

3.17s

Tenure

AU$242,916

Compensation

Mr. Chris Creagh has been the Chief Executive Officer at Elementos Limited since January 31, 2017. Mr. Creagh is a part-time consultant to Elementos Ltd. Mr. Creagh served as Cleveland Operations Manager o ...


CEO Compensation Analysis

Compensation vs Market: Christopher's total compensation ($USD148.99K) is below average for companies of similar size in the Australian market ($USD242.11K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Christopher Creagh
Chief Executive Officer3.17yrsAU$242.92k0.33% A$12.5k
Drew Speedy
Chief Financial Officer0.92yrAU$172.60kno data
Christopher Dunks
Executive Director4.33yrsAU$225.00k0.17% A$6.6k
Duncan Cornish
Company Secretary4.25yrsAU$97.79kno data

3.2yrs

Average Tenure

Experienced Management: ELT's management team is considered experienced (3.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Christopher Dunks
Executive Director4.33yrsAU$225.00k0.17% A$6.6k
Andrew Greig
Non-Executive Chairman4.42yrsno data11.83% A$451.3k
Brett Smith
Non-Executive Director0.17yrno datano data
Corey Nolan
Non-Executive Director10.67yrsAU$25.00k0.19% A$7.1k
Calvin Treacy
Non-Executive Director6.42yrsAU$26.57k1.1% A$42.0k

4.4yrs

Average Tenure

58yo

Average Age

Experienced Board: ELT's board of directors are considered experienced (4.4 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 14.7%.


Top Shareholders

Company Information

Elementos Limited's company bio, 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$3.816m
  • Shares outstanding: 2.54b
  • Website: https://www.elementos.com.au

Number of Employees


Location

  • Elementos Limited
  • 10 Market Street
  • Level 6
  • Brisbane
  • Queensland
  • 4000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ELTASX (Australian Securities Exchange)YesOrdinary SharesAUAUDOct 2013
9EMDB (Deutsche Boerse AG)YesOrdinary SharesDEEUROct 2013
ELTL.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDOct 2013

Biography

Elementos Limited engages in the exploration and development of mineral properties in Australia. The company holds a 100% interest in the Cleveland tin-copper-tungsten project located in northwest Tasmania, Australia. It focuses on open pit mining, tailings re-treatment, and refurbishment and development of the underground mine. The company was incorporated in 2009 and is headquartered in Brisbane, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/28 10:40
End of Day Share Price2020/03/26 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


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.