Fenix Resources Limited engages in the exploration, development, and mining of mineral tenements. More Details
Flawless balance sheet and undervalued.
Share Price & News
How has Fenix Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FEX is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: FEX's weekly volatility (9%) has been stable over the past year.
7 Day Return
AU Metals and Mining
1 Year Return
AU Metals and Mining
Return vs Industry: FEX exceeded the Australian Metals and Mining industry which returned 10.1% over the past year.
Return vs Market: FEX exceeded the Australian Market which returned 27.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Fenix Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Fenix Resources undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FEX (A$0.3) is trading below our estimate of fair value (A$30.57)
Significantly Below Fair Value: FEX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FEX is good value based on its PE Ratio (2.8x) compared to the Australian Metals and Mining industry average (12.1x).
PE vs Market: FEX is good value based on its PE Ratio (2.8x) compared to the Australian market (18.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FEX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FEX is good value based on its PB Ratio (1.8x) compared to the AU Metals and Mining industry average (2.7x).
How is Fenix Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Fenix 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.
How has Fenix Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FEX has high quality earnings.
Growing Profit Margin: FEX became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: FEX has become profitable over the past 5 years, growing earnings by 76.3% per year.
Accelerating Growth: FEX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: FEX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (44.4%).
Return on Equity
High ROE: FEX's Return on Equity (63.5%) is considered outstanding.
How is Fenix Resources's financial position?
Financial Position Analysis
Short Term Liabilities: FEX's short term assets (A$88.8M) exceed its short term liabilities (A$29.3M).
Long Term Liabilities: FEX's short term assets (A$88.8M) exceed its long term liabilities (A$8.3M).
Debt to Equity History and Analysis
Debt Level: FEX is debt free.
Reducing Debt: FEX had no debt 5 years ago.
Debt Coverage: FEX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FEX has no debt, therefore coverage of interest payments is not a concern.
What is Fenix Resources's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FEX's dividend (17.8%) is higher than the bottom 25% of dividend payers in the Australian market (2.3%).
High Dividend: FEX's dividend (17.8%) is in the top 25% of dividend payers in the Australian market (5.41%)
Stability and Growth of Payments
Stable Dividend: Too early to tell whether FEX's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if FEX's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (43.5%), FEX's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Rob Brierley (55 yo)
Mr. Robert James Shaw Brierley, also known as Rob, BEng(Mining), Grad Dip., GA, has been Managing director of Fenix Resources Limited since March 1, 2019 and its Executive Director since November 21, 2018....
CEO Compensation Analysis
Compensation vs Market: Rob's total compensation ($USD414.00K) is above average for companies of similar size in the Australian market ($USD276.66K).
Compensation vs Earnings: Rob's compensation has been consistent with company performance over the past year.
Experienced Board: FEX's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FEX insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 32.2%.
Fenix Resources Limited's company bio, employee growth, exchange listings and data sources
- Name: Fenix Resources Limited
- Ticker: FEX
- Exchange: ASX
- Founded: 2007
- Industry: Steel
- Sector: Materials
- Market Cap: AU$139.303m
- Shares outstanding: 472.21m
- Website: https://fenixresources.com.au
- Fenix Resources Limited
- Emerald House
- Office 10
- West Perth
- Western Australia
Fenix Resources Limited engages in the exploration, development, and mining of mineral tenements. It operates through two segments, Iron Ridge Project and Trucking Joint Venture. The company’s flagship pro...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/19 08:04|
|End of Day Share Price||2021/09/17 00:00|
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.