ASX:FHS

Stock Analysis Report

Executive Summary

Freehill Mining Limited engages in the identification, exploration, and development of mineral resources in Chile.

Snowflake

Fundamentals

Imperfect balance sheet and overvalued.

Share Price & News

How has Freehill Mining's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

30.8%

FHS

-1.4%

AU Metals and Mining

0.1%

AU Market


1 Year Return

-5.6%

FHS

10.2%

AU Metals and Mining

11.9%

AU Market

Return vs Industry: FHS underperformed the Australian Metals and Mining industry which returned 10.2% over the past year.

Return vs Market: FHS underperformed the Australian Market which returned 11.9% over the past year.


Shareholder returns

FHSIndustryMarket
7 Day30.8%-1.4%0.1%
30 Day54.5%-6.2%-1.1%
90 Day30.8%-11.8%-1.4%
1 Year0%-5.6%18.2%10.2%18.5%11.9%
3 Yearn/a57.7%38.7%36.4%18.1%
5 Yearn/a70.4%29.8%50.9%16.7%

Price Volatility Vs. Market

How volatile is Freehill Mining's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Freehill Mining undervalued compared to its fair value and its price relative to the market?

1.23x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: FHS is good value based on its PB Ratio (1.2x) compared to the AU Metals and Mining industry average (1.5x).


Next Steps

Future Growth

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

2.5%

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 Freehill Mining 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.


Next Steps

Past Performance

How has Freehill Mining performed over the past 5 years?

-25.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: FHS is unprofitable, and losses have increased over the past 5 years at a rate of -25.7% per year.

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

Earnings vs Industry: FHS is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (14.4%).


Return on Equity

High ROE: FHS has a negative Return on Equity (-22.27%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: FHS is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: FHS is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Freehill Mining's financial position?


Financial Position Analysis

Short Term Liabilities: FHS's short term assets (A$1.1M) do not cover its short term liabilities (A$4.2M)

Long Term Liabilities: FHS's short term assets (1.1M) exceeds its long term liabilities (70.0K)


Debt to Equity History and Analysis

Debt Level: FHS's debt to equity ratio (18.4%) is considered satisfactory

Reducing Debt: Insufficient data to determine if FHS's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

Inventory Level: FHS has a high level of physical assets or inventory.

Debt Coverage by Assets: FHS's debt is not covered by short term assets (assets are 0.5x debt).


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

Forecast Cash Runway: FHS has less than a year of cash runway if free cash flow continues to reduce at historical rates of -18.9% each year


Next Steps

Dividend

What is Freehill Mining's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.4%markettop25%5.6%industryaverage4.8%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

High Dividend: Unable to evaluate FHS's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if FHS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if FHS'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 FHS's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

What is the CEO of Freehill Mining's salary, the management and board of directors tenure and is there insider trading?

1.3yrs

Average board tenure


CEO

Peter Hinner 0

1.3yrs

Tenure

AU$294,000

Compensation

Mr. Peter Hinner has served as Chief Executive Officer of Freehill Mining Limited since July 31, 2018. Mr. Hinner serves as Chief Operating Officer at Freehill Mining Limited since February 1, 2017. He ser ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Peter's total compensation is reasonable compared to companies of similar size in the Australian market.

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


Board Age and Tenure

1.3yrs

Average Tenure

Experienced Board: FHS's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: FHS insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyAU$9,78401 Aug 19
Samuel Duddy
EntityIndividual
Role
Member of the Board of Directors
Non Executive Director
Shares650,000
Max PriceAU$0.015
BuyAU$12,79203 Jul 19
Samuel Duddy
EntityIndividual
Role
Member of the Board of Directors
Non Executive Director
Shares850,000
Max PriceAU$0.015
BuyAU$10,39225 Jun 19
Samuel Duddy
EntityIndividual
Role
Member of the Board of Directors
Non Executive Director
Shares700,000
Max PriceAU$0.015
BuyAU$3,10408 Apr 19
Samuel Duddy
EntityIndividual
Role
Member of the Board of Directors
Non Executive Director
Shares227,169
Max PriceAU$0.014
BuyAU$1,23004 Apr 19
Samuel Duddy
EntityIndividual
Role
Member of the Board of Directors
Non Executive Director
Shares74,277
Max PriceAU$0.017
BuyAU$5,24122 Mar 19
Samuel Duddy
EntityIndividual
Role
Member of the Board of Directors
Non Executive Director
Shares228,000
Max PriceAU$0.023
BuyAU$1,99204 Mar 19
Samuel Duddy
EntityIndividual
Role
Member of the Board of Directors
Non Executive Director
Shares150,000
Max PriceAU$0.013
BuyAU$2,27130 Jan 19
Samuel Duddy
EntityIndividual
Role
Member of the Board of Directors
Non Executive Director
Shares150,000
Max PriceAU$0.015
BuyAU$3,70008 Jan 19
Samuel Duddy
EntityIndividual
Role
Member of the Board of Directors
Non Executive Director
Shares200,000
Max PriceAU$0.018
BuyAU$1,44430 Nov 18
Samuel Duddy
EntityIndividual
Role
Member of the Board of Directors
Non Executive Director
Shares75,996
Max PriceAU$0.019
BuyAU$9,12905 Nov 18
Samuel Duddy
EntityIndividual
Role
Member of the Board of Directors
Non Executive Director
Shares509,000
Max PriceAU$0.018

Ownership Breakdown


Management Team

  • Paul Davies

    CFO, Company Secretary & Executive Director

    • Tenure: 0yrs
    • Compensation: AU$99.00k
  • Peter Hinner

    CEO, COO & Director

    • Tenure: 1.3yrs
    • Compensation: AU$294.00k

Board Members

  • Paul Davies

    CFO, Company Secretary & Executive Director

    • Tenure: 0yrs
    • Compensation: AU$99.00k
  • Ray Mangion

    Chairman

    • Tenure: 1.3yrs
    • Compensation: AU$45.00k
  • Peter Hinner

    CEO, COO & Director

    • Tenure: 1.3yrs
    • Compensation: AU$294.00k
  • Samuel Duddy

    Non Executive Director

    • Tenure: 1.3yrs
    • Compensation: AU$45.00k

Company Information

Freehill Mining Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Freehill Mining Limited
  • Ticker: FHS
  • Exchange: ASX
  • Founded:
  • Industry: Steel
  • Sector: Materials
  • Market Cap: AU$13.060m
  • Shares outstanding: 816.27m
  • Website: https://www.freehillmining.com

Location

  • Freehill Mining Limited
  • 88 Miller Street
  • West Melbourne
  • Victoria
  • 3003
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FHSASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJan 2017

Biography

Freehill Mining Limited engages in the identification, exploration, and development of mineral resources in Chile. It explores for magnetite iron ore, copper, and gold deposits. The company holds 100% inte ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/23 10:39
End of Day Share Price2019/10/23 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.