company background image
ERL

Empire ResourcesASX:ERL Stock Report

Market Cap

AU$10.9m

7D

0%

1Y

-20.0%

Updated

20 Oct, 2021

Data

Company Financials
ERL fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

ERL Overview

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

Price History & Performance

Summary of all time highs, changes and price drops for Empire Resources
Historical stock prices
Current Share PriceAU$0.012
52 Week HighAU$0.01
52 Week LowAU$0.018
Beta0.64
1 Month Change0%
3 Month Change0%
1 Year Change-20.00%
3 Year Change20.00%
5 Year Change-67.57%
Change since IPO-94.42%

Recent News & Updates

Shareholder Returns

ERLAU Metals and MiningAU Market
7D0%3.6%1.7%
1Y-20.0%11.3%20.2%

Return vs Industry: ERL underperformed the Australian Metals and Mining industry which returned 11.3% over the past year.

Return vs Market: ERL underperformed the Australian Market which returned 20.2% over the past year.

Price Volatility

Is ERL's price volatile compared to industry and market?
ERL volatility
ERL Beta0.64
Industry Beta0.97
Market Beta1

Stable Share Price: ERL is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: ERL's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2000n/aSean Richardsonhttps://www.resourcesempire.com.au

Empire Resources Limited engages in the exploration and development of mineral properties in Australia. It primarily explores for gold, copper, zinc, lead, and silver deposits. The company holds 100% interests in the Yuinmery copper-gold project that includes six granted tenements, two mining, and four explorations covering an area of 106.7 square kilometers situated in the Mid-West region of Western Australia; the Penny’s gold project located to the east of Kalgoorlie, Western Australia; the Barloweerie project comprising one granted exploration license and three exploration tenements covering an area of 506.2 square kilometers situated in Murchison District of Western Australia; and the Nanadie project covering an area of 127.3 square kilometers located to the east of Meekatharra, Western Australia.

Empire Resources Fundamentals Summary

How do Empire Resources's earnings and revenue compare to its market cap?
ERL fundamental statistics
Market CapAU$10.91m
Earnings (TTM)-AU$1.08m
Revenue (TTM)AU$262.08k

42.9x

P/S Ratio

-10.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ERL income statement (TTM)
RevenueAU$262.08k
Cost of RevenueAU$0
Gross ProfitAU$262.08k
ExpensesAU$1.34m
Earnings-AU$1.08m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0012
Gross Margin100.00%
Net Profit Margin-410.67%
Debt/Equity Ratio52.7%

How did ERL perform over the long term?

See historical performance and comparison

Valuation

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

3.59x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: ERL is overvalued based on its PB Ratio (3.6x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

0.7%

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 Empire 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.


Past Performance

How has Empire Resources performed over the past 5 years?

48.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ERL is currently unprofitable.

Growing Profit Margin: ERL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ERL is unprofitable, but has reduced losses over the past 5 years at a rate of 48.8% per year.

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

Earnings vs Industry: ERL is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).


Return on Equity

High ROE: ERL has a negative Return on Equity (-35.35%), as it is currently unprofitable.


Financial Health

How is Empire Resources's financial position?


Financial Position Analysis

Short Term Liabilities: ERL's short term assets (A$5.1M) exceed its short term liabilities (A$2.1M).

Long Term Liabilities: ERL has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: ERL's debt to equity ratio (52.7%) is considered high.

Reducing Debt: ERL had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


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: Insufficient data to determine if ERL has enough cash runway based on its current free cash flow.

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


Dividend

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


Dividend Yield vs Market

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

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

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

AU$259k

CEO Compensation


CEO

Sean Richardson

2.25yrs

Tenure

AU$258,901

Compensation

Mr. Sean David Richardson, MBA, MSc (Curtin), serves as Director of Empire Resources Limited and has been its Managing Director since July 4, 2019. Mr. Richardson had been Chief Operating Officer at Bardoc...


CEO Compensation Analysis

Compensation vs Market: Sean's total compensation ($USD193.57K) is below average for companies of similar size in the Australian market ($USD302.06K).

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


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ERL 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

Empire Resources Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Empire Resources Limited
  • Ticker: ERL
  • Exchange: ASX
  • Founded: 2000
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$10.905m
  • Shares outstanding: 908.75m
  • Website: https://www.resourcesempire.com.au

Location

  • Empire Resources Limited
  • 159 Stirling Highway
  • Nedlands
  • Western Australia
  • 6009
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 15:27
End of Day Share Price2021/10/20 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.