ASX:FNT

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Frontier Resources

Executive Summary

Frontier Resources Limited, together with its subsidiaries, engages in the exploration and evaluation of mineral properties. More Details


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

How has Frontier Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: FNT is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 16% a week.

Volatility Over Time: FNT's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of Australian stocks.


Market Performance


7 Day Return

0%

FNT

4.6%

AU Metals and Mining

1.3%

AU Market


1 Year Return

20.0%

FNT

14.7%

AU Metals and Mining

-1.7%

AU Market

Return vs Industry: FNT exceeded the Australian Metals and Mining industry which returned 14.7% over the past year.

Return vs Market: FNT exceeded the Australian Market which returned -1.7% over the past year.


Shareholder returns

FNTIndustryMarket
7 Day0%4.6%1.3%
30 Day-14.3%9.4%11.1%
90 Day-7.7%3.2%9.0%
1 Year20.0%20.0%20.8%14.7%1.7%-1.7%
3 Year-40.0%-40.0%59.4%37.5%23.1%7.9%
5 Year-14.3%-14.3%200.8%143.5%57.2%26.0%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Frontier Resources undervalued compared to its fair value and its price relative to the market?

1.51x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: FNT is good value based on its PB Ratio (1.5x) compared to the AU Metals and Mining industry average (2.5x).


Next Steps

Future Growth

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

2.8%

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 Frontier 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.


Next Steps

Past Performance

How has Frontier Resources performed over the past 5 years?

13.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FNT is currently unprofitable.

Growing Profit Margin: FNT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FNT is unprofitable, but has reduced losses over the past 5 years at a rate of 13.1% per year.

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

Earnings vs Industry: FNT is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (38%).


Return on Equity

High ROE: FNT has a negative Return on Equity (-20.18%), as it is currently unprofitable.


Next Steps

Financial Health

How is Frontier Resources's financial position?


Financial Position Analysis

Short Term Liabilities: FNT's short term assets (A$4.0M) exceed its short term liabilities (A$119.2K).

Long Term Liabilities: FNT has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: FNT is debt free.

Reducing Debt: FNT 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: FNT has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: FNT has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 7.1% each year


Next Steps

Dividend

What is Frontier Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

0.5yrs

Average board tenure


CEO

Frontier Resources has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Peter Swiridiuk
Technical Consultant & Non-Executive Director5.92yrsAU$169.74kno data
Alec Pismiris
Non-Executive Chairman0.50yrAU$35.61k1.84%
A$ 108.0k
Jessica O'Neil
Non-Executive Director0.50yrAU$4.84kno data

0.5yrs

Average Tenure

Experienced Board: FNT's board of directors are not considered experienced ( 0.5 years average tenure), which suggests a new board.


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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Frontier Resources Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Frontier Resources Limited
  • Ticker: FNT
  • Exchange: ASX
  • Founded: 2001
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$5.869m
  • Shares outstanding: 489.10m
  • Website: https://www.frontierresources.com.au

Location

  • Frontier Resources Limited
  • BGC Centre
  • Level 11
  • Perth
  • Western Australia
  • 6000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TG5DB (Deutsche Boerse AG)YesOrdinary SharesDEEURApr 2003
FNTASX (Australian Securities Exchange)YesOrdinary SharesAUAUDApr 2003
FNTCHIA (Chi-X Australia)YesOrdinary SharesAUAUDApr 2003

Biography

Frontier Resources Limited, together with its subsidiaries, engages in the exploration and evaluation of mineral properties. The company focuses on copper-gold-molybdenum porphyry and gold/silver epitherma...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/29 07:04
End of Day Share Price2020/11/27 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.