company background image
EUR

European LithiumASX:EUR Stock Report

Market Cap

AU$106.1m

7D

12.9%

1Y

133.3%

Updated

22 Oct, 2021

Data

Company Financials
EUR fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

EUR Overview

European Lithium Limited explores for and develops lithium deposits in Austria.

European Lithium Competitors

IGO

ASX:IGO

AU$7.4b

Pilbara Minerals

ASX:PLS

AU$6.4b

Orocobre

ASX:ORE

AU$5.8b

Liontown Resources

ASX:LTR

AU$3.1b

Price History & Performance

Summary of all time highs, changes and price drops for European Lithium
Historical stock prices
Current Share PriceAU$0.10
52 Week HighAU$0.036
52 Week LowAU$0.13
Beta1.89
1 Month Change12.90%
3 Month Change75.00%
1 Year Change133.33%
3 Year Change-4.55%
5 Year Change69.36%
Change since IPO81.03%

Recent News & Updates

Shareholder Returns

EURAU Metals and MiningAU Market
7D12.9%-0.3%0.7%
1Y133.3%12.5%21.4%

Return vs Industry: EUR exceeded the Australian Metals and Mining industry which returned 12.5% over the past year.

Return vs Market: EUR exceeded the Australian Market which returned 21.4% over the past year.

Price Volatility

Is EUR's price volatile compared to industry and market?
EUR volatility
EUR Beta1.89
Industry Beta0.97
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
n/an/aDietrich Wankehttps://europeanlithium.com

European Lithium Limited explores for and develops lithium deposits in Austria. It focuses on the development of the Wolfsberg lithium project that includes 22 original and 32 overlapping exploration licenses, and a mining license covering 11 mining areas located in Carinthia. The company is headquartered in West Leederville, Australia.

European Lithium Fundamentals Summary

How do European Lithium's earnings and revenue compare to its market cap?
EUR fundamental statistics
Market CapAU$106.12m
Earnings (TTM)-AU$3.96m
Revenue (TTM)AU$30.83k

5.3kx

P/S Ratio

-28.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EUR income statement (TTM)
RevenueAU$30.83k
Cost of RevenueAU$0
Gross ProfitAU$30.83k
ExpensesAU$4.00m
Earnings-AU$3.96m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0037
Gross Margin100.00%
Net Profit Margin-12,860.18%
Debt/Equity Ratio0.8%

How did EUR perform over the long term?

See historical performance and comparison

Valuation

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

2.62x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: EUR's PB Ratio (2.6x) is in line with the AU Metals and Mining industry average.


Future Growth

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

-0.07%

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 European Lithium 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 European Lithium performed over the past 5 years?

-58.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EUR is currently unprofitable.

Growing Profit Margin: EUR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: EUR is unprofitable, and losses have increased over the past 5 years at a rate of 58.9% per year.

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

Earnings vs Industry: EUR 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: EUR has a negative Return on Equity (-9.31%), as it is currently unprofitable.


Financial Health

How is European Lithium's financial position?


Financial Position Analysis

Short Term Liabilities: EUR's short term assets (A$5.7M) exceed its short term liabilities (A$1.7M).

Long Term Liabilities: EUR has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: EUR's debt to equity ratio (0.8%) is considered satisfactory.

Reducing Debt: EUR's debt to equity ratio has reduced from 4% to 0.8% 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: EUR has sufficient cash runway for 11 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: EUR has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 8% each year.


Dividend

What is European Lithium current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

5.1yrs

Average board tenure


CEO

Dietrich Wanke

3.42yrs

Tenure

Mr. Dietrich Lothar Wanke has been the Chief Executive Officer of European Lithium Limited since May 4, 2018. Mr. Wanke has successfully run European Lithium’s operations in Austria as General Manager sinc...


Board Members

Experienced Board: EUR's board of directors are considered experienced (5.1 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 diluted in the past year, with total shares outstanding growing by 47.8%.


Top Shareholders

Company Information

European Lithium Limited's employee growth, exchange listings and data sources


Key Information

  • Name: European Lithium Limited
  • Ticker: EUR
  • Exchange: ASX
  • Founded: NaN
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$106.119m
  • Shares outstanding: 1.06b
  • Website: https://europeanlithium.com

Location

  • European Lithium Limited
  • 32 Harrogate 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 Analysis2021/10/22 07:04
End of Day Share Price2021/10/22 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.