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EMR

Emerald Resources ASX:EMR Stock Report

Last Price

AU$1.12

Market Cap

AU$664.7m

7D

4.7%

1Y

14.3%

Updated

04 Oct, 2022

Data

Company Financials
EMR fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance3/6
Financial Health4/6
Dividends0/6

EMR Stock Overview

Emerald Resources NL engages in the exploration and development of mineral reserves in Cambodia and Australia.

Emerald Resources Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Emerald Resources
Historical stock prices
Current Share PriceAU$1.12
52 Week HighAU$1.33
52 Week LowAU$0.82
Beta1.2
1 Month Change-3.03%
3 Month Change16.67%
1 Year Change14.29%
3 Year Change173.17%
5 Year Change143.48%
Change since IPO-99.83%

Recent News & Updates

Shareholder Returns

EMRAU Metals and MiningAU Market
7D4.7%1.5%-0.7%
1Y14.3%3.8%-11.7%

Return vs Industry: EMR exceeded the Australian Metals and Mining industry which returned 3.8% over the past year.

Return vs Market: EMR exceeded the Australian Market which returned -11.7% over the past year.

Price Volatility

Is EMR's price volatile compared to industry and market?
EMR volatility
EMR Average Weekly Movement5.6%
Metals and Mining Industry Average Movement11.3%
Market Average Movement9.4%
10% most volatile stocks in AU Market16.5%
10% least volatile stocks in AU Market4.2%

Stable Share Price: EMR is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: EMR's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1969256Morgan Harthttps://www.emeraldresources.com.au

Emerald Resources NL engages in the exploration and development of mineral reserves in Cambodia and Australia. The company’s exploration tenements include a combination of 100% owned granted licenses, applications, and earn-in and joint venture agreements covering a combined area of 1,239 square kilometers. Its principal property is the Okvau Gold project located in the city of Phnom Penh, province of Mondulkiri.

Emerald Resources Fundamentals Summary

How do Emerald Resources's earnings and revenue compare to its market cap?
EMR fundamental statistics
Market CapAU$664.72m
Earnings (TTM)AU$45.37m
Revenue (TTM)AU$206.53m

14.7x

P/E Ratio

3.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EMR income statement (TTM)
RevenueAU$206.53m
Cost of RevenueAU$101.71m
Gross ProfitAU$104.82m
Other ExpensesAU$59.45m
EarningsAU$45.37m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.076
Gross Margin50.75%
Net Profit Margin21.97%
Debt/Equity Ratio36.3%

How did EMR perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is EMR undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for EMR?

Other financial metrics that can be useful for relative valuation.

EMR key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue3.6x
Enterprise Value/EBITDA6.5x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does EMR's PE Ratio compare to its peers?

EMR PE Ratio vs Peers
The above table shows the PE ratio for EMR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average56.4x
CMM Capricorn Metals
14.5x6.4%AU$1.3b
CYL Catalyst Metals
64.5xn/aAU$134.9m
BRB Breaker Resources
99.5xn/aAU$68.4m
RMS Ramelius Resources
50.5x53.5%AU$626.2m
EMR Emerald Resources
14.7xn/aAU$664.7m

Price-To-Earnings vs Peers: EMR is good value based on its Price-To-Earnings Ratio (14.7x) compared to the peer average (56.4x).


Price to Earnings Ratio vs Industry

How does EMR's PE Ratio compare vs other companies in the AU Metals and Mining Industry?

Price-To-Earnings vs Industry: EMR is expensive based on its Price-To-Earnings Ratio (14.7x) compared to the Australian Metals and Mining industry average (8.7x)


Price to Earnings Ratio vs Fair Ratio

What is EMR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

EMR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate EMR's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of EMR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate EMR's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate EMR's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-5.3%

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 Emerald Resources 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.


Discover growth companies

  • Examine Emerald Resources'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.
  • Emerald Resources competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Emerald Resources performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


35.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: EMR has high quality earnings.

Growing Profit Margin: EMR became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: EMR has become profitable over the past 5 years, growing earnings by 35.9% per year.

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

Earnings vs Industry: EMR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.5%).


Return on Equity

High ROE: EMR's Return on Equity (18.2%) is considered low.


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Financial Health

How is Emerald Resources's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: EMR's short term assets (A$96.2M) exceed its short term liabilities (A$91.7M).

Long Term Liabilities: EMR's short term assets (A$96.2M) do not cover its long term liabilities (A$102.0M).


Debt to Equity History and Analysis

Debt Level: EMR's net debt to equity ratio (18%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if EMR's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: EMR's debt is well covered by operating cash flow (98.3%).

Interest Coverage: EMR's interest payments on its debt are well covered by EBIT (9.6x coverage).


Balance Sheet


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Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Emerald Resources Dividend Yield vs Market
How does Emerald Resources dividend yield compare to the market?
SegmentDividend Yield
Company (Emerald Resources)n/a
Market Bottom 25% (AU)2.8%
Market Top 25% (AU)7.2%
Industry Average (Metals and Mining)10.3%
Analyst forecast in 3 Years (Emerald Resources)n/a

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

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

Growing Dividend: Insufficient data to determine if EMR's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as EMR has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

5.6yrs

Average management tenure


CEO

Morgan Hart (54 yo)

8.25yrs

Tenure

AU$357,427

Compensation

Mr. Morgan Cain Hart has been Managing Director of Emerald Resources NL since August 20, 2014 and serves as its Executive Director since July 30, 2014. Mr. Hart served as a Chief Operating Officer and Exec...


CEO Compensation Analysis

Morgan Hart's Compensation vs Emerald Resources Earnings
How has Morgan Hart's remuneration changed compared to Emerald Resources's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a

AU$45m

Mar 31 2022n/an/a

AU$24m

Dec 31 2021n/an/a

AU$3m

Sep 30 2021n/an/a

-AU$7m

Jun 30 2021AU$357kAU$301k

-AU$17m

Mar 31 2021n/an/a

-AU$16m

Dec 31 2020n/an/a

-AU$16m

Sep 30 2020n/an/a

-AU$14m

Jun 30 2020AU$362kAU$295k

-AU$11m

Mar 31 2020n/an/a

-AU$10m

Dec 31 2019n/an/a

-AU$8m

Sep 30 2019n/an/a

-AU$9m

Jun 30 2019AU$165kAU$151k

-AU$9m

Mar 31 2019n/an/a

-AU$8m

Dec 31 2018n/an/a

-AU$7m

Sep 30 2018n/an/a

-AU$9m

Jun 30 2018AU$53kAU$48k

-AU$11m

Mar 31 2018n/an/a

-AU$12m

Dec 31 2017n/an/a

-AU$12m

Sep 30 2017n/an/a

-AU$10m

Jun 30 2017AU$56kAU$48k

-AU$8m

Mar 31 2017n/an/a

-AU$7m

Dec 31 2016n/an/a

-AU$6m

Sep 30 2016n/an/a

-AU$4m

Jun 30 2016AU$53kAU$48k

-AU$1m

Compensation vs Market: Morgan's total compensation ($USD232.85K) is below average for companies of similar size in the Australian market ($USD890.92K).

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


Leadership Team

Experienced Management: EMR's management team is seasoned and experienced (5.6 years average tenure).


Board Members

Experienced Board: EMR's board of directors are considered experienced (3.2 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

ASX:EMR Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
15 Aug 22BuyAU$0BlackRock, Inc.Company7,188,770AU$1.23
05 Jul 22SellAU$19,431BlackRock, Inc.Company18,684AU$1.04
03 Jun 22BuyAU$103,327BlackRock, Inc.Company20,135,587AU$1.26
10 Dec 21BuyAU$1,075,019Ross StanleyIndividual1,000,000AU$1.08
07 Dec 21BuyAU$2,144,277Ellerston Capital LimitedCompany2,234,105AU$1.03

Ownership Breakdown

What is the ownership structure of EMR?
Owner TypeNumber of SharesOwnership Percentage
Private Companies22,284,7783.8%
Individual Insiders120,512,85420.3%
Institutions143,069,02224.1%
General Public307,634,32951.8%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 15.2%.


Top Shareholders

Top 25 shareholders own 47.44% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
6.64%
Morgan Hart
39,383,333A$44.1m0%no data
6.28%
BlackRock, Inc.
37,280,514A$41.8m23.81%no data
6.17%
Ross Stanley
36,599,696A$41.0m0%no data
4.31%
Ruffer LLP
25,555,730A$28.6m0%0.19%
4.17%
Sui Lee
24,733,334A$27.7m0%no data
4.03%
Franklin Resources, Inc.
23,941,000A$26.8m1.27%0.01%
2.89%
ASA Gold and Precious Metals Limited
17,125,000A$19.2m0%4.28%
1.81%
Ellerston Capital Limited
10,724,476A$12.0m0%2.63%
1.55%
Van Eck Associates Corporation
9,183,490A$10.3m-0.28%0.01%
1.51%
CQS (UK) LLP
8,990,194A$10.1m0%1.88%
1.05%
Universal-Investment-Gesellschaft Mit BeschrÄNkter Haftung
6,250,000A$7.0m0%0.04%
0.84%
Curious Capital Group Pty Ltd
5,000,000A$5.6m0%no data
0.75%
Fountain Enterprise Intl Co Ltd
4,436,390A$5.0m0%no data
0.69%
El Raghy Kriewaldt Pty. Ltd.
4,100,000A$4.6m0%no data
0.64%
Kee Khoo Seah
3,801,793A$4.3m0%no data
0.59%
Bpm Investments Limited
3,500,000A$3.9m0%no data
0.57%
Josef El-Raghy
3,399,985A$3.8m13.33%no data
0.46%
FMR Investments Pty Ltd
2,757,066A$3.1m0%no data
0.43%
Beryl Dingle-McLennan
2,543,048A$2.8m0%no data
0.43%
Ian McLennan
2,543,047A$2.8m0%no data
0.42%
Realee Pty Ltd
2,491,322A$2.8m0%no data
0.34%
U.S. Global Investors, Inc.
2,000,000A$2.2m-11.11%0.05%
0.31%
Jay Hughes
1,850,000A$2.1m0%no data
0.29%
Christopher Cygulis
1,697,186A$1.9m0%no data
0.29%
Jessica Cygulis
1,697,185A$1.9m0%no data

Company Information

Emerald Resources NL's employee growth, exchange listings and data sources


Key Information

  • Name: Emerald Resources NL
  • Ticker: EMR
  • Exchange: ASX
  • Founded: 1969
  • Industry: Gold
  • Sector: Materials
  • Implied Market Cap: AU$664.721m
  • Shares outstanding: 593.50m
  • Website: https://www.emeraldresources.com.au

Number of Employees


Location

  • Emerald Resources NL
  • 1110 Hay Street
  • Ground Floor
  • West Perth
  • Western Australia
  • 6005
  • Australia


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EMRASX (Australian Securities Exchange)YesOrdinary SharesAUAUDAug 1994
EOGS.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDAug 1994
EMRCHIA (Chi-X Australia)YesOrdinary SharesAUAUDAug 1994

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/04 00:00
End of Day Share Price2022/10/04 00:00
Earnings2022/06/30
Annual Earnings2022/06/30


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.