ASX:FNT

Stock Analysis Report

Frontier Resources

Executive Summary

Frontier Resources Limited engages in the exploration and evaluation of mineral properties.

Snowflake

Fundamentals

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


Market Performance


7 Day Return

-7.7%

FNT

0.7%

AU Metals and Mining

1.0%

AU Market


1 Year Return

-7.7%

FNT

12.9%

AU Metals and Mining

11.7%

AU Market

Return vs Industry: FNT underperformed the Australian Metals and Mining industry which returned 12.9% over the past year.

Return vs Market: FNT underperformed the Australian Market which returned 11.7% over the past year.


Shareholder returns

FNTIndustryMarket
7 Day-7.7%0.7%1.0%
30 Day0%-2.2%-0.2%
90 Day-14.3%-7.4%0.3%
1 Year-7.7%-7.7%20.7%12.9%18.1%11.7%
3 Year-72.1%-72.1%68.3%47.9%37.4%19.0%
5 Year-95.8%-96.5%60.8%24.4%51.7%17.6%

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?

1.25x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

Significantly Undervalued: 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 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

Low 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 (1.3x) compared to the AU Metals and Mining industry average (1.6x).


Next Steps

Future Growth

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

2.5%

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 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?

21.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: FNT is unprofitable, but has reduced losses over the past 5 years at a rate of 21.1% 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 (1.3%).


Return on Equity

High ROE: FNT has a negative Return on Equity (-19.06%), as it is currently unprofitable.


Return on Assets

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


Return on Capital Employed

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


Next Steps

Financial Health

How is Frontier Resources's financial position?


Financial Position Analysis

Short Term Liabilities: FNT's short term assets (A$4.8M) exceeds its short term liabilities (A$99.1K)

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

Inventory Level: FNT has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if FNT's debt is covered by short term assets.


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 -21.4% each year


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.5%markettop25%5.6%industryaverage4.7%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

High Dividend: Unable to evaluate FNT'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 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

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

0.3yrs

Average board tenure


CEO

Fenix Dong 0

1.3yrs

Tenure

AU$32,500

Compensation

Mr. Yun Wei Dong, also known as Fenix, has been Managing Director of Frontier Resources Limited since June 2018 and also served as its Executive Director since June 19, 2018 until July 5, 2019. Mr. Dong is ...


CEO Compensation Analysis

Compensation vs. Market: Fenix's total compensation ($USD21.98K) is too low to compare against companies of similar size in the Australian market ($USD257.89K).

Compensation vs Earnings: Fenix's compensation has been consistent with company performance over the past year.


Board Age and Tenure

0.3yrs

Average Tenure

Experienced Board: FNT's board of directors are not considered experienced ( 0.3 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

SellAU$3,599,75701 Jul 19
Fei Peng
EntityIndividual
Shares309,294,903
Max PriceAU$0.012

Ownership Breakdown


Management Team

  • Ben Bussell

    Chief Financial Officer

    • Tenure: 0yrs
  • Matt Foy

    Company Secretary

    • Tenure: 5.2yrs
  • Fenix Dong

    Managing Director

    • Tenure: 1.3yrs
    • Compensation: AU$32.50k

Board Members

  • Alec Pismiris (56yo)

    Non-Executive Director

    • Tenure: 0.3yrs
  • Peter Swiridiuk (52yo)

    Non-Executive Director

    • Tenure: 4.8yrs
    • Compensation: AU$123.58k
  • Nathan Lude

    Non-Executive Chairman

    • Tenure: 0.3yrs

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:
  • 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
  • 99 St Georges Terrace
  • Level 8
  • 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 engages in the exploration and evaluation of mineral properties. The company focuses on copper-gold-molybdenum porphyry, gold/silver epithermal, gold-base metal skarn, and lead–z ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/15 10:32
End of Day Share Price2019/10/14 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.