FEX Stock Overview
Fenix Resources Limited engages in the exploration, development, and mining of mineral tenements.
Fenix Resources Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.29|
|52 Week High||AU$0.35|
|52 Week Low||AU$0.20|
|1 Month Change||-1.70%|
|3 Month Change||3.57%|
|1 Year Change||-14.71%|
|3 Year Change||281.58%|
|5 Year Change||866.67%|
|Change since IPO||-71.00%|
Recent News & Updates
|FEX||AU Metals and Mining||AU Market|
Return vs Industry: FEX matched the Australian Metals and Mining industry which returned -14.3% over the past year.
Return vs Market: FEX underperformed the Australian Market which returned -8.1% over the past year.
|FEX Average Weekly Movement||6.8%|
|Metals and Mining Industry Average Movement||12.2%|
|Market Average Movement||10.5%|
|10% most volatile stocks in AU Market||17.8%|
|10% least volatile stocks in AU Market||4.7%|
Stable Share Price: FEX is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: FEX's weekly volatility (7%) has been stable over the past year.
About the Company
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 property is the 100% owned Iron Ridge Iron Ore project located in Western Australia.
Fenix Resources Fundamentals Summary
|FEX fundamental statistics|
Is FEX overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FEX income statement (TTM)|
|Cost of Revenue||AU$148.62m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.12|
|Net Profit Margin||28.06%|
How did FEX perform over the long term?See historical performance and comparison
18.1%Current Dividend Yield
Is FEX undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for FEX?
Other financial metrics that can be useful for relative valuation.
|What is FEX's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does FEX's PE Ratio compare to its peers?
|FEX PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
SRK Strike Resources
RHI Red Hill Iron
BCI BCI Minerals
TIG Tigers Realm Coal
FEX Fenix Resources
Price-To-Earnings vs Peers: FEX is good value based on its Price-To-Earnings Ratio (2.5x) compared to the peer average (19.9x).
Price to Earnings Ratio vs Industry
How does FEX's PE Ratio compare vs other companies in the AU Metals and Mining Industry?
Price-To-Earnings vs Industry: FEX is good value based on its Price-To-Earnings Ratio (2.5x) compared to the Australian Metals and Mining industry average (10.4x)
Price to Earnings Ratio vs Fair Ratio
What is FEX's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||2.5x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate FEX's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of FEX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: FEX (A$0.29) is trading below our estimate of fair value (A$33.44)
Significantly Below Fair Value: FEX is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Fenix Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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.
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- Examine whether Fenix Resources is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Fenix Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
How has Fenix Resources performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
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 86.4% 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 (57.3%).
Return on Equity
High ROE: FEX's Return on Equity (96.5%) is considered outstanding.
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How is Fenix Resources's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: FEX's short term assets (A$76.2M) exceed its short term liabilities (A$30.0M).
Long Term Liabilities: FEX's short term assets (A$76.2M) exceed its long term liabilities (A$8.8M).
Debt to Equity History and Analysis
Debt Level: FEX is debt free.
Reducing Debt: FEX had no debt 5 years ago.
Debt Coverage: FEX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FEX has no debt, therefore coverage of interest payments is not a concern.
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What is Fenix Resources's current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FEX's dividend (18.1%) is higher than the bottom 25% of dividend payers in the Australian market (2.64%).
High Dividend: FEX's dividend (18.1%) is in the top 25% of dividend payers in the Australian market (6.4%)
Stability and Growth of Payments
Stable Dividend: Too early to tell whether FEX's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if FEX's dividend payments are increasing as they only just started paying a dividend.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.2%), FEX's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (43.8%), FEX's dividend payments are well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rob Brierley (56 yo)
Mr. Robert James Shaw Brierley, also known as Rob, BEng(Mining), Grad Dip., GA, has been Managing director of Fenix Resources Limited since March 1, 2019 and its Executive Director since November 21, 2018....
CEO Compensation Analysis
Compensation vs Market: Rob's total compensation ($USD427.83K) is above average for companies of similar size in the Australian market ($USD281.90K).
Compensation vs Earnings: Rob's compensation has been consistent with company performance over the past year.
Experienced Management: FEX's management team is considered experienced (2.1 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 15.7%.
Fenix Resources Limited's employee growth, exchange listings and data sources
- Name: Fenix Resources Limited
- Ticker: FEX
- Exchange: ASX
- Founded: 2007
- Industry: Steel
- Sector: Materials
- Implied Market Cap: AU$158.402m
- Shares outstanding: 546.21m
- Website: https://fenixresources.com.au
- Fenix Resources Limited
- Emerald House
- Office 10
- West Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/10 00:00|
|End of Day Share Price||2022/08/10 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.