ASX:EMR

Stock Analysis Report

Executive Summary

Emerald Resources NL engages in the exploration and development of gold properties in the Cambodia, Australia, and the United States.

Snowflake

Fundamentals

Flawless balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

10.5%

EMR

-1.9%

AU Metals and Mining

1.7%

AU Market


1 Year Return

31.3%

EMR

8.4%

AU Metals and Mining

10.3%

AU Market

Return vs Industry: EMR exceeded the Australian Metals and Mining industry which returned 8.4% over the past year.

Return vs Market: EMR exceeded the Australian Market which returned 10.3% over the past year.


Shareholder returns

EMRIndustryMarket
7 Day10.5%-1.9%1.7%
30 Day7.7%-7.0%-0.4%
90 Day10.5%-12.0%-0.1%
1 Year31.3%31.3%16.0%8.4%16.7%10.3%
3 Year-17.6%-17.6%57.0%38.0%36.7%18.4%
5 Year100.0%100.0%54.4%19.1%50.9%16.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

2.4x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate EMR's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate EMR's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

PE vs Market: EMR is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate EMR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: EMR is overvalued based on its PB Ratio (2.4x) compared to the AU Metals and Mining industry average (1.6x).


Next Steps

Future Growth

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

2.5%

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 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.


Next Steps

Past Performance

How has Emerald Resources performed over the past 5 years?

-44.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: EMR is unprofitable, and losses have increased over the past 5 years at a rate of -44.7% per year.

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

Earnings vs Industry: EMR is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (1.3%).


Return on Equity

High ROE: EMR has a negative Return on Equity (-16.66%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: EMR is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: EMR is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Emerald Resources's financial position?


Financial Position Analysis

Short Term Liabilities: EMR's short term assets (A$17.9M) exceeds its short term liabilities (A$1.1M)

Long Term Liabilities: EMR's short term assets (17.9M) exceeds its long term liabilities (89.8K)


Debt to Equity History and Analysis

Debt Level: EMR is debt free.

Reducing Debt: EMR has not had any debt for past 5 years.


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if EMR's debt is covered by short term assets.


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: EMR has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: EMR has sufficient cash runway for 1.633894 years if free cash flow continues to reduce at historical rates of -26.1% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.5%markettop25%5.6%industryaverage5.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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.


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 EMR's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

What is the CEO of Emerald Resources's salary, the management and board of directors tenure and is there insider trading?

4.3yrs

Average management tenure


CEO

Morgan Hart (51yo)

5.2yrs

Tenure

AU$165,254

Compensation

Mr. Morgan Cain Hart has been Managing Director of Emerald Resources NL since August 20, 2014 and Executive Director since July 30, 2014. Mr. Hart served as an Operations Director and Executive Director of ...


CEO Compensation Analysis

Compensation vs. Market: Morgan's total compensation ($USD112.78K) is about average for companies of similar size in the Australian market ($USD257.55K).

Compensation vs Earnings: Morgan's compensation has increased whilst the company is unprofitable.


Management Age and Tenure

4.3yrs

Average Tenure

Experienced Management: EMR's management team is considered experienced (4.3 years average tenure).


Board Age and Tenure

5.2yrs

Average Tenure

Experienced Board: EMR's board of directors are considered experienced (5.2 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyAU$3,999,97020 Dec 18
Simon Lee
EntityIndividual
Role
Chairman of the Board
Non-Executive Chairman
Shares133,333,333
Max PriceAU$0.03
BuyAU$3,999,97020 Dec 18
Ross Stanley
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares133,333,333
Max PriceAU$0.03
BuyAU$199,99920 Dec 18
Michael Evans
EntityIndividual
Role
Member of the Board of Directors
COO & Executive Director
Shares6,666,667
Max PriceAU$0.03
BuyAU$3,999,97020 Dec 18
Morgan Hart
EntityIndividual
Role
Chief Executive Officer
MD & Director
Shares133,333,333
Max PriceAU$0.03

Ownership Breakdown


Management Team

  • Mark Clements

    Company Secretary

    • Tenure: 5.2yrs
  • Morgan Hart (51yo)

    MD & Director

    • Tenure: 5.2yrs
    • Compensation: AU$165.25k
  • Brett Dunnachie

    Chief Financial Officer

    • Tenure: 2.6yrs
    • Compensation: AU$257.57k
  • Mick Evans

    COO & Executive Director

    • Tenure: 1yrs
    • Compensation: AU$349.96k

Board Members

  • Simon Lee (78yo)

    Non-Executive Chairman

    • Tenure: 5.2yrs
    • Compensation: AU$48.00k
  • Ross Stanley

    Non-Executive Director

    • Tenure: 5.2yrs
    • Compensation: AU$36.00k
  • Morgan Hart (51yo)

    MD & Director

    • Tenure: 5.2yrs
    • Compensation: AU$165.25k
  • Ross Williams

    Non-Executive Director

    • Tenure: 6yrs
    • Compensation: AU$36.00k
  • Mick Evans

    COO & Executive Director

    • Tenure: 1yrs
    • Compensation: AU$349.96k

Company Information

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


Key Information

  • Name: Emerald Resources NL
  • Ticker: EMR
  • Exchange: ASX
  • Founded: 1969
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$124.987m
  • Shares outstanding: 3.05b
  • Website: https://www.emeraldresources.com.au

Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EMRNASX (Australian Securities Exchange)NPV DFD 13/09/10(EX RIGHT)AUAUDNo data
EMRASX (Australian Securities Exchange)YesOrdinary SharesAUAUDAug 1994
EOGS.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDAug 1994
EMRCHIA (Chi-X Australia)YesOrdinary SharesAUAUDAug 1994

Biography

Emerald Resources NL engages in the exploration and development of gold properties in the Cambodia, Australia, and the United States. The company primarily explores for and develops Cambodian gold projects ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/18 10:32
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
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.