ASX:EMR

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Adequate balance sheet with weak fundamentals.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: EMR has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

EMR

-1.9%

AU Metals and Mining

1.9%

AU Market


1 Year Return

51.2%

EMR

9.4%

AU Metals and Mining

-10.0%

AU Market

Return vs Industry: EMR exceeded the Australian Metals and Mining industry which returned 9.4% over the past year.

Return vs Market: EMR exceeded the Australian Market which returned -10% over the past year.


Shareholder returns

EMRIndustryMarket
7 Day0%-1.9%1.9%
30 Day0%-2.8%-1.9%
90 Day10.7%6.6%3.1%
1 Year51.2%51.2%14.5%9.4%-6.8%-10.0%
3 Year44.2%44.2%64.3%41.5%17.5%2.4%
5 Year210.0%210.0%141.2%94.9%43.6%13.4%

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?

2.65x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

Significantly Below Fair Value: 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 AU 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

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 (2.7x) compared to the AU Metals and Mining industry average (2.2x).


Next Steps

Future Growth

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

2.6%

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?

-27.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EMR is currently unprofitable.

Growing Profit Margin: EMR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: EMR is unprofitable, and losses have increased over the past 5 years at a rate of 27.4% 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 (15.3%).


Return on Equity

High ROE: EMR has a negative Return on Equity (-9.53%), as it is currently unprofitable.


Next Steps

Financial Health

How is Emerald Resources's financial position?


Financial Position Analysis

Short Term Liabilities: EMR's short term assets (A$138.8M) exceed its short term liabilities (A$5.6M).

Long Term Liabilities: EMR's short term assets (A$138.8M) exceed its long term liabilities (A$84.7M).


Debt to Equity History and Analysis

Debt Level: EMR's debt to equity ratio (70.2%) is considered high.

Reducing Debt: Insufficient data to determine if EMR's debt to equity ratio has reduced 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: EMR has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: EMR has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 50.4% each year


Next Steps

Dividend

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


Dividend Yield vs Market

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.


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

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

4.8yrs

Average management tenure


CEO

Morgan Hart (52 yo)

6.08yrs

Tenure

AU$323,025

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 ($USD227.96K) is below average for companies of similar size in the Australian market ($USD510.24K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Morgan Hart
MD & Director6.08yrsAU$323.03k7.64%
A$ 24.0m
Brett Dunnachie
Chief Financial Officer3.5yrsAU$265.24kno data
Michael Evans
Executive Directorno dataAU$360.50k0.24%
A$ 757.4k
Mark Clements
Independent Non-Executive Director & Company Secretary0.25yrAU$1.87k0.11%
A$ 338.6k
Bernie Cleary
Operations Manager0.67yrno datano data

4.8yrs

Average Tenure

Experienced Management: EMR's management team is considered experienced (4.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Morgan Hart
MD & Director6.08yrsAU$323.03k7.64%
A$ 24.0m
Michael Evans
Executive Directorno dataAU$360.50k0.24%
A$ 757.4k
Mark Clements
Independent Non-Executive Director & Company Secretary0.25yrAU$1.87k0.11%
A$ 338.6k
Simon Lee
Independent Non-Executive Chairman6.08yrsAU$48.00k4.8%
A$ 15.1m
Ross Stanley
Non-Independent Non-Executive Director6.08yrsAU$36.00k6.91%
A$ 21.7m

6.1yrs

Average Tenure

Experienced Board: EMR's board of directors are considered experienced (6.1 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 substantially diluted in the past year, with total shares outstanding growing by 69%.


Top Shareholders

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$314.246m
  • Shares outstanding: 515.16m
  • Website: https://www.emeraldresources.com.au

Location

  • Emerald Resources NL
  • 1110 Hay Street
  • 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

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 Analysis2020/09/29 10:31
End of Day Share Price2020/09/29 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.