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FAU

First AuASX:FAU Stock Report

Market Cap

AU$9.2m

7D

9.1%

1Y

-47.8%

Updated

25 Oct, 2021

Data

Company Financials
FAU fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

FAU Overview

First Au Limited explores for gold and base metals in Western Australia’s Goldfields and Pilbara.

Price History & Performance

Summary of all time highs, changes and price drops for First Au
Historical stock prices
Current Share PriceAU$0.012
52 Week HighAU$0.01
52 Week LowAU$0.031
Beta0.33
1 Month Change-20.00%
3 Month Change-7.69%
1 Year Change-47.83%
3 Year Change-52.00%
5 Year Changen/a
Change since IPO-92.00%

Recent News & Updates

Shareholder Returns

FAUAU Metals and MiningAU Market
7D9.1%-1.7%0.6%
1Y-47.8%10.8%21.3%

Return vs Industry: FAU underperformed the Australian Metals and Mining industry which returned 10.8% over the past year.

Return vs Market: FAU underperformed the Australian Market which returned 21.3% over the past year.

Price Volatility

Is FAU's price volatile compared to industry and market?
FAU volatility
FAU Beta0.33
Industry Beta0.97
Market Beta1

Stable Share Price: FAU is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: FAU's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
1960n/aRyan Skeenhttps://www.firstau.com

First Au Limited explores for gold and base metals in Western Australia’s Goldfields and Pilbara. It holds 100% interests in the Gimlet gold project located to the north west of Kalgoorlie, Western Australia; the Victoria Gold project; and the Talga project comprising 7 exploration tenements located in the East Pilbara. The company was formerly known as Public Holdings (Australia) Limited and changed its name to First Au Limited in June 2018.

First Au Fundamentals Summary

How do First Au's earnings and revenue compare to its market cap?
FAU fundamental statistics
Market CapAU$9.22m
Earnings (TTM)-AU$3.36m
Revenue (TTM)AU$869.76k

10.6x

P/S Ratio

-2.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FAU income statement (TTM)
RevenueAU$869.76k
Cost of RevenueAU$0
Gross ProfitAU$869.76k
ExpensesAU$4.23m
Earnings-AU$3.36m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0044
Gross Margin100.00%
Net Profit Margin-386.33%
Debt/Equity Ratio0.0%

How did FAU perform over the long term?

See historical performance and comparison

Valuation

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

1.78x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: FAU is good value based on its PB Ratio (1.8x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

-0.5%

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 First Au 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 First Au performed over the past 5 years?

-35.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FAU is currently unprofitable.

Growing Profit Margin: FAU is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FAU is unprofitable, and losses have increased over the past 5 years at a rate of 35% per year.

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

Earnings vs Industry: FAU 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: FAU has a negative Return on Equity (-64.9%), as it is currently unprofitable.


Financial Health

How is First Au's financial position?


Financial Position Analysis

Short Term Liabilities: FAU's short term assets (A$3.1M) exceed its short term liabilities (A$201.9K).

Long Term Liabilities: FAU has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: FAU is debt free.

Reducing Debt: FAU had no debt 5 years ago.


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

Forecast Cash Runway: FAU has less than a year of cash runway if free cash flow continues to reduce at historical rates of 41.5% each year


Dividend

What is First Au current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

0.4yrs

Average management tenure


CEO

Ryan Skeen

0.25

Tenure

Mr. Ryan Skeen is Chief Executive Officer of First Au Limited from July 26, 2021. He joined the First Au Limited on July 26, 2021. Notably, Mr. Skeen has been involved in financial services start-ups and h...


Leadership Team

Experienced Management: FAU's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.


Board Members

Experienced Board: FAU's board of directors are considered experienced (3.3 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 been diluted in the past year, with total shares outstanding growing by 42.8%.


Top Shareholders

Company Information

First Au Limited's employee growth, exchange listings and data sources


Key Information

  • Name: First Au Limited
  • Ticker: FAU
  • Exchange: ASX
  • Founded: 1960
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$9.219m
  • Shares outstanding: 768.29m
  • Website: https://www.firstau.com

Location

  • First Au Limited
  • 123 Whitehorse Road
  • Level 1
  • Balwyn
  • Victoria
  • 3103
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 16:39
End of Day Share Price2021/10/25 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.