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.

Risks

  • Frontier Resources has significant price volatility in the past 3 months.
  • Frontier Resources is not covered by any analysts.

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

0%

ASX:FNT

-3.7%

AU Metals and Mining

1.4%

AU Market


1 Year Return

16.7%

ASX:FNT

9.9%

AU Metals and Mining

1.9%

AU Market

FNT outperformed the Metals and Mining industry which returned 9.9% over the past year.

FNT outperformed the Market in Australia which returned 1.9% over the past year.


Share holder returns

FNTIndustryMarket
7 Day0%-3.7%1.4%
30 Day7.7%-12.2%-3.3%
90 Day100.0%-2.0%0.8%
1 Year16.7%16.7%17.5%9.9%7.6%1.9%
3 Year-65.0%-65.0%66.4%48.5%31.7%14.6%
5 Year-94.0%-95.0%39.6%8.9%38.9%8.0%

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 based on future cash flows and its price relative to the stock market?

1.29x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Frontier Resources to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Frontier Resources to establish if it is available at substantial discount.


Price Based on Earnings

Frontier Resources is loss making, we can't compare its value to the AU Metals and Mining industry average.

Frontier Resources is loss making, we can't compare the value of its earnings to the Australia market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Frontier Resources, we can't assess if its growth is good value.


Price Based on Value of Assets

Frontier Resources is good value based on assets compared to the AU Metals and Mining industry average.


Next Steps

Future Growth

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

5.4%

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 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?

20.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Frontier Resources does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.

Unable to compare Frontier Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Frontier Resources's 1-year growth to the AU Metals and Mining industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Frontier Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Frontier Resources has efficiently used its assets last year compared to the AU Metals and Mining industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Frontier Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Frontier Resources's financial position?


Financial Position Analysis

Frontier Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Frontier Resources has no long term commitments.


Debt to Equity History and Analysis

Frontier Resources has no debt.

Frontier Resources currently has no debt however we can't compare to 5 years ago as we have no data for that period.


Balance Sheet

Low level of unsold assets.

Frontier Resources has no debt, it does not need to be 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.

Frontier Resources has sufficient cash runway for more than 3 years based on current free cash flow.

Frontier Resources has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 16.4% each year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Frontier Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Frontier Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Frontier Resources has not reported any payouts.

Unable to verify if Frontier Resources's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Frontier Resources has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

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

0.08yrs

Average board tenure


CEO

Fenix Dong 0

1.2yrs

Tenure

AU$33,333

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

Fenix's remuneration is lower than average for companies of similar size in Australia.

Insufficient data for Fenix to compare compensation growth.


Board Age and Tenure

0.08yrs

Average Tenure

The average tenure for the Frontier Resources board of directors is less than 3 years, this suggests a new board.


Insider Trading

Frontier Resources individual insiders have only sold shares 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: 0.0yrs
  • Matt Foy

    Company Secretary

    • Tenure: 5.0yrs
  • Fenix Dong

    Managing Director

    • Tenure: 1.2yrs
    • Compensation: AU$33.33k

Board Members

  • Alec Pismiris (56yo)

    Non-Executive Director

    • Tenure: 0.1yrs
  • Peter Swiridiuk (52yo)

    Non-Executive Director

    • Tenure: 4.7yrs
    • Compensation: AU$33.62k
  • Nathan Lude

    Non-Executive Chairman

    • Tenure: 0.1yrs

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$6.358m
  • 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

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 Analysis2019/08/23 10:34
End of Day Share Price2019/08/23 00:00
Earnings2018/12/31
Annual Earnings2018/06/30


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.