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ERM

Emmerson ResourcesASX:ERM Stock Report

Market Cap

AU$34.9m

7D

1.4%

1Y

-17.6%

Updated

20 Oct, 2021

Data

Company Financials
ERM fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

ERM Overview

Emmerson Resources Limited engages in the exploration and evaluation of mineral properties.

Price History & Performance

Summary of all time highs, changes and price drops for Emmerson Resources
Historical stock prices
Current Share PriceAU$0.07
52 Week HighAU$0.058
52 Week LowAU$0.10
Beta0.53
1 Month Change9.38%
3 Month Change6.06%
1 Year Change-17.65%
3 Year Change-1.41%
5 Year Change-44.00%
Change since IPO-69.57%

Recent News & Updates

Apr 30
Companies Like Emmerson Resources (ASX:ERM) Are In A Position To Invest In Growth

Companies Like Emmerson Resources (ASX:ERM) Are In A Position To Invest In Growth

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...

Shareholder Returns

ERMAU Metals and MiningAU Market
7D1.4%3.6%1.7%
1Y-17.6%11.3%20.2%

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

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

Price Volatility

Is ERM's price volatile compared to industry and market?
ERM volatility
ERM Beta0.53
Industry Beta0.97
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
2005n/aRob Billshttps://www.emmersonresources.com.au

Emmerson Resources Limited engages in the exploration and evaluation of mineral properties. The company primarily explores for gold, copper, and cobalt deposits. It holds interest in the Tennant Creek Mineral Field covering an area of 1,700 square kilometers located in the Northern Territory, Australia.

Emmerson Resources Fundamentals Summary

How do Emmerson Resources's earnings and revenue compare to its market cap?
ERM fundamental statistics
Market CapAU$34.88m
Earnings (TTM)-AU$1.58m
Revenue (TTM)AU$190.54k

184.2x

P/S Ratio

-22.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ERM income statement (TTM)
RevenueAU$190.54k
Cost of RevenueAU$0
Gross ProfitAU$190.54k
ExpensesAU$1.77m
Earnings-AU$1.58m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0032
Gross Margin100.00%
Net Profit Margin-827.72%
Debt/Equity Ratio0%

How did ERM perform over the long term?

See historical performance and comparison

Valuation

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

1.58x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: ERM is good value based on its PB Ratio (1.6x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Emmerson 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 Emmerson 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 Emmerson Resources performed over the past 5 years?

25.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ERM is currently unprofitable.

Growing Profit Margin: ERM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ERM is unprofitable, but has reduced losses over the past 5 years at a rate of 25.7% per year.

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

Earnings vs Industry: ERM 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: ERM has a negative Return on Equity (-7.14%), as it is currently unprofitable.


Financial Health

How is Emmerson Resources's financial position?


Financial Position Analysis

Short Term Liabilities: ERM's short term assets (A$6.2M) exceed its short term liabilities (A$915.9K).

Long Term Liabilities: ERM's short term assets (A$6.2M) exceed its long term liabilities (A$127.7K).


Debt to Equity History and Analysis

Debt Level: ERM is debt free.

Reducing Debt: ERM has not had any debt for 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: ERM has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: ERM has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 13.7% each year.


Dividend

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


Dividend Yield vs Market

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

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

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

2.4yrs

Average management tenure


CEO

Rob Bills

14.08yrs

Tenure

AU$457,995

Compensation

Mr. Robert Trevor Bills, also known as Rob, B.Sc, M.Sc., has been Chief Executive Officer and Managing Director of Emmerson Resources Limited since September 10, 2007. Mr. Bills joined Emmerson Resources i...


CEO Compensation Analysis

Compensation vs Market: Rob's total compensation ($USD342.43K) is about average for companies of similar size in the Australian market ($USD302.06K).

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


Leadership Team

Experienced Management: ERM's management team is considered experienced (2.4 years average tenure).


Board Members

Experienced Board: ERM's board of directors are seasoned and experienced ( 14.1 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.2%.


Top Shareholders

Company Information

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


Key Information

  • Name: Emmerson Resources Limited
  • Ticker: ERM
  • Exchange: ASX
  • Founded: 2005
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$34.877m
  • Shares outstanding: 498.24m
  • Website: https://www.emmersonresources.com.au

Location

  • Emmerson Resources Limited
  • 3 Kimberley Street
  • West Leederville
  • Western Australia
  • 6007
  • 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 15:28
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.