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ESR

Estrella ResourcesASX:ESR Stock Report

Market Cap

AU$40.7m

7D

2.9%

1Y

-77.4%

Updated

16 Oct, 2021

Data

Company Financials
ESR fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

ESR Overview

Estrella Resources Limited engages in the exploration and development of nickel projects in Western Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Estrella Resources
Historical stock prices
Current Share PriceAU$0.035
52 Week HighAU$0.032
52 Week LowAU$0.25
Beta-3.25
1 Month Change-16.67%
3 Month Change-25.53%
1 Year Change-77.42%
3 Year Change84.21%
5 Year Change20.69%
Change since IPO-95.14%

Recent News & Updates

Shareholder Returns

ESRAU Metals and MiningAU Market
7D2.9%4.3%0.9%
1Y-77.4%12.2%20.2%

Return vs Industry: ESR underperformed the Australian Metals and Mining industry which returned 12.2% over the past year.

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

Price Volatility

Is ESR's price volatile compared to industry and market?
ESR volatility
ESR Beta-3.25
Industry Beta0.97
Market Beta1

Stable Share Price: ESR is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: ESR's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2011n/aChris Dawshttps://www.estrellaresources.com.au

Estrella Resources Limited engages in the exploration and development of nickel projects in Western Australia. It holds 100% interests in the Carr Boyd nickel project, which includes three mining leases and six exploration licenses; and Spargoville nickel project located in Western Australia. The company was incorporated in 2011 and is based in Perth, Australia.

Estrella Resources Fundamentals Summary

How do Estrella Resources's earnings and revenue compare to its market cap?
ESR fundamental statistics
Market CapAU$40.67m
Earnings (TTM)-AU$543.23k
Revenue (TTM)AU$19.62k

3.5kx

P/S Ratio

-76.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ESR income statement (TTM)
RevenueAU$19.62k
Cost of RevenueAU$0
Gross ProfitAU$19.62k
ExpensesAU$562.85k
Earnings-AU$543.23k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.00046
Gross Margin100.00%
Net Profit Margin-2,768.62%
Debt/Equity Ratio2.0%

How did ESR perform over the long term?

See historical performance and comparison

Valuation

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

2.9x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: ESR is overvalued based on its PB Ratio (2.9x) compared to the AU Metals and Mining industry average (2.5x).


Future Growth

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

-0.2%

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 Estrella 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 Estrella Resources performed over the past 5 years?

22.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ESR is currently unprofitable.

Growing Profit Margin: ESR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ESR is unprofitable, but has reduced losses over the past 5 years at a rate of 22% per year.

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

Earnings vs Industry: ESR 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: ESR has a negative Return on Equity (-3.88%), as it is currently unprofitable.


Financial Health

How is Estrella Resources's financial position?


Financial Position Analysis

Short Term Liabilities: ESR's short term assets (A$3.9M) exceed its short term liabilities (A$1.4M).

Long Term Liabilities: ESR has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: ESR's debt to equity ratio (2%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if ESR'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: ESR has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: ESR has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 23.3% each year


Dividend

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


Dividend Yield vs Market

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

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

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

1.0yrs

Average management tenure


CEO

Chris Daws (49 yo)

4.75yrs

Tenure

AU$404,704

Compensation

Mr. Christopher John Daws, also known as Chris, BASc, MAICD, SA Fin, is Managing Director of Estrella Resources Limited since November 18, 2020 and serves as its Director. He was Chief Executive Officer at...


CEO Compensation Analysis

Compensation vs Market: Chris's total compensation ($USD300.38K) is about average for companies of similar size in the Australian market ($USD302.45K).

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


Leadership Team

Experienced Management: ESR's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

Experienced Board: ESR's board of directors are considered experienced (3.6 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 substantially diluted in the past year, with total shares outstanding growing by 54%.


Top Shareholders

Company Information

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


Key Information

  • Name: Estrella Resources Limited
  • Ticker: ESR
  • Exchange: ASX
  • Founded: 2011
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$40.672m
  • Shares outstanding: 1.16b
  • Website: https://www.estrellaresources.com.au

Location

  • Estrella Resources Limited
  • 216 St Georges Terrace
  • Level 11
  • Perth
  • Western Australia
  • 6000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/16 07:02
End of Day Share Price2021/10/15 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.