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FMS

Flinders MinesASX:FMS Stock Report

Last Price

AU$0.53

Market Cap

AU$89.5m

7D

-16.5%

1Y

-46.7%

Updated

17 Jan, 2022

Data

Company Financials
FMS fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

FMS Stock Overview

Flinders Mines Limited explores for and develops mineral properties in Australia.

Flinders Mines Competitors

Grange Resources

ASX:GRR

AU$972.2m

Mount Gibson Iron

ASX:MGX

AU$569.0m

Price History & Performance

Summary of all time highs, changes and price drops for Flinders Mines
Historical stock prices
Current Share PriceAU$0.53
52 Week HighAU$1.65
52 Week LowAU$0.52
Beta1.74
1 Month Change0%
3 Month Change-37.28%
1 Year Change-46.73%
3 Year Change-35.76%
5 Year Change-51.82%
Change since IPO-87.15%

Recent News & Updates

Oct 19
Does Flinders Mines (ASX:FMS) Have A Healthy Balance Sheet?

Does Flinders Mines (ASX:FMS) Have A Healthy Balance Sheet?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...

Dec 24
Is Flinders Mines (ASX:FMS) Weighed On By Its Debt Load?

Is Flinders Mines (ASX:FMS) Weighed On By Its Debt Load?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Shareholder Returns

FMSAU Metals and MiningAU Market
7D-16.5%5.5%-0.5%
1Y-46.7%9.0%10.4%

Return vs Industry: FMS underperformed the Australian Metals and Mining industry which returned 9% over the past year.

Return vs Market: FMS underperformed the Australian Market which returned 10.4% over the past year.

Price Volatility

Is FMS's price volatile compared to industry and market?
FMS volatility
FMS Average Weekly Movement10.5%
Metals and Mining Industry Average Movement10.7%
Market Average Movement8.4%
10% most volatile stocks in AU Market15.2%
10% least volatile stocks in AU Market3.6%

Stable Share Price: FMS is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: FMS's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2000n/an/ahttps://www.flindersmines.com

Flinders Mines Limited explores for and develops mineral properties in Australia. The company explores for iron, gold, and base metal deposits. Its flagship asset is the Pilbara iron ore project located in the Pilbara region of Western Australia.

Flinders Mines Fundamentals Summary

How do Flinders Mines's earnings and revenue compare to its market cap?
FMS fundamental statistics
Market CapAU$89.49m
Earnings (TTM)-AU$3.48m
Revenue (TTM)AU$76.00k

1,178x

P/S Ratio

-25.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FMS income statement (TTM)
RevenueAU$76.00k
Cost of RevenueAU$0
Gross ProfitAU$76.00k
ExpensesAU$3.56m
Earnings-AU$3.48m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.021
Gross Margin100.00%
Net Profit Margin-4,581.58%
Debt/Equity Ratio4.2%

How did FMS perform over the long term?

See historical performance and comparison

Valuation

Is Flinders Mines undervalued compared to its fair value and its price relative to the market?

1.17x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: FMS is good value based on its PB Ratio (1.2x) compared to the AU Metals and Mining industry average (2.8x).


Future Growth

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

1.4%

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 Flinders Mines 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 Flinders Mines performed over the past 5 years?

-47.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FMS is currently unprofitable.

Growing Profit Margin: FMS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FMS is unprofitable, and losses have increased over the past 5 years at a rate of 47.7% per year.

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

Earnings vs Industry: FMS 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: FMS has a negative Return on Equity (-4.54%), as it is currently unprofitable.


Financial Health

How is Flinders Mines's financial position?


Financial Position Analysis

Short Term Liabilities: FMS's short term assets (A$11.2M) exceed its short term liabilities (A$6.1M).

Long Term Liabilities: FMS's short term assets (A$11.2M) exceed its long term liabilities (A$2.2M).


Debt to Equity History and Analysis

Debt Level: FMS's net debt to equity ratio (0.3%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if FMS's debt to equity ratio has reduced 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: FMS has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: FMS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9.9% each year


Dividend

What is Flinders Mines's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

2.4yrs

Average management tenure


CEO

Flinders Mines has no CEO, or we have no data on them.


Leadership Team

Experienced Management: FMS's management team is considered experienced (2.4 years average tenure).


Board Members

Experienced Board: FMS's board of directors are considered experienced (3.9 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Flinders Mines Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Flinders Mines Limited
  • Ticker: FMS
  • Exchange: ASX
  • Founded: 2000
  • Industry: Steel
  • Sector: Materials
  • Implied Market Cap: AU$89.490m
  • Shares outstanding: 168.85m
  • Website: https://www.flindersmines.com

Location

  • Flinders Mines Limited
  • 45 Ventnor Avenue
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/17 16:21
End of Day Share Price2022/01/17 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.