ASX:EMT

Stock Analysis Report

Executive Summary

eMetals Limited engages in the exploration activities.


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

14.3%

EMT

5.2%

AU Metals and Mining

2.8%

AU Market


1 Year Return

n/a

EMT

-16.4%

AU Metals and Mining

-16.2%

AU Market

Return vs Industry: Insufficient data to determine how EMT performed against the Australian Metals and Mining industry.

Return vs Market: Insufficient data to determine how EMT performed against the Australian Market.


Shareholder returns

EMTIndustryMarket
7 Day14.3%5.2%2.8%
30 Day-27.3%-4.9%-15.2%
90 Dayn/a-18.3%-23.4%
1 Yearn/a-11.6%-16.4%-12.4%-16.2%
3 Yearn/a31.3%13.0%-0.2%-13.9%
5 Year-63.1%-69.2%72.0%31.2%11.5%-13.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

58.39x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: EMT is overvalued based on its PB Ratio (58.4x) compared to the AU Metals and Mining industry average (1x).


Next Steps

Future Growth

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

0.6%

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 eMetals 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 eMetals performed over the past 5 years?

-7.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EMT is currently unprofitable.

Growing Profit Margin: EMT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: EMT is unprofitable, and losses have increased over the past 5 years at a rate of -7.1% per year.

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

Earnings vs Industry: EMT is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-7%).


Return on Equity

High ROE: EMT has a negative Return on Equity (-2910.2%), as it is currently unprofitable.


Next Steps

Financial Health

How is eMetals's financial position?


Financial Position Analysis

Short Term Liabilities: EMT's short term assets (A$123.7K) do not cover its short term liabilities (A$190.8K).

Long Term Liabilities: EMT has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: EMT is debt free.

Reducing Debt: EMT currently has no debt however we can't compare to 5 years ago as we have no data for that period.


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

Forecast Cash Runway: EMT has less than a year of cash runway if free cash flow continues to grow at historical rates of 22.4% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

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

7.3yrs

Average board tenure


CEO

eMetals has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Mathew Walker
Executive Director7.75yrsAU$60.00k0.61% A$20.0k
Gary Lyons
Non-Executive Chairman7.33yrsAU$52.44k0.75% A$24.7k
Teck Wong
Non-Executive Director7.08yrsAU$36.00k5.23% A$171.5k

7.3yrs

Average Tenure

49yo

Average Age

Experienced Board: EMT's board of directors are considered experienced (7.3 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

eMetals Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: eMetals Limited
  • Ticker: EMT
  • Exchange: ASX
  • Founded:
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$3.282m
  • Shares outstanding: 410.20m
  • Website: https://www.emetalslimited.com.au

Location

  • eMetals Limited
  • 330 Churchill Avenue
  • Suite 9
  • Subiaco
  • Western Australia
  • 6008
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EMTASX (Australian Securities Exchange)YesOrdinary SharesAUAUDOct 2010
EMTCHIA (Chi-X Australia)YesOrdinary SharesAUAUDOct 2010
A2PYUUDB (Deutsche Boerse AG)YesOrdinary SharesDEEUROct 2010

Biography

eMetals Limited engages in the exploration activities. It explores for tungsten, molybdenum, gold, and base metals. It holds 100% interest in three prospective exploration projects, including the Nardoo Well Project, which covers an area of 131 square kilometers in the Gascoyne region of Western Australia; the Twin Hills gold mine; and the Cookes Creek project that covers an area of 51 square kilometers in the East Pilbara of Western Australia. The company was formerly known as Corizon Limited and changed its name to eMetals Limited in January 2020. eMetals Limited is based in Subiaco, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/06 10:49
End of Day Share Price2020/04/06 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.