Genmin Limited (ASX: GEN), is an ASX-listed African iron ore exploration and development company with a pipeline of projects in the Republic of Gabon, central West Africa.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.20|
|52 Week High||AU$0.17|
|52 Week Low||AU$0.34|
|1 Month Change||0%|
|3 Month Change||-2.50%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-33.90%|
Recent News & Updates
We're Not Very Worried About Genmin's (ASX:GEN) Cash Burn Rate
We can readily understand why investors are attracted to unprofitable companies. For example, although...
|GEN||AU Metals and Mining||AU Market|
Return vs Industry: Insufficient data to determine how GEN performed against the Australian Metals and Mining industry.
Return vs Market: Insufficient data to determine how GEN performed against the Australian Market.
Stable Share Price: GEN is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: GEN's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
Genmin Limited (ASX: GEN), is an ASX-listed African iron ore exploration and development company with a pipeline of projects in the Republic of Gabon, central West Africa. The Company has a 100% interest in three (3) projects comprising six (6) exploration licenses covering approximately 5,270 square kilometers.
Genmin Fundamentals Summary
|GEN fundamental statistics|
Is GEN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GEN income statement (TTM)|
|Cost of Revenue||US$161.58k|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0055|
|Net Profit Margin||0.00%|
How did GEN perform over the long term?See historical performance and comparison
Is Genmin undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GEN (A$0.2) is trading below our estimate of fair value (A$7.36)
Significantly Below Fair Value: GEN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GEN is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: GEN 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 GEN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GEN is good value based on its PB Ratio (1.3x) compared to the AU Metals and Mining industry average (2.6x).
How is Genmin forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GEN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: GEN is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: GEN's is expected to become profitable in the next 3 years.
Revenue vs Market: GEN is forecast to have no revenue next year.
High Growth Revenue: GEN is forecast to have no revenue next year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GEN's Return on Equity is forecast to be high in 3 years time (25.1%)
How has Genmin performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GEN is currently unprofitable.
Growing Profit Margin: GEN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GEN is unprofitable, but has reduced losses over the past 5 years at a rate of 5.2% per year.
Accelerating Growth: Unable to compare GEN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GEN 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: GEN has a negative Return on Equity (-5.05%), as it is currently unprofitable.
How is Genmin's financial position?
Financial Position Analysis
Short Term Liabilities: GEN's short term assets ($19.7M) exceed its short term liabilities ($695.0K).
Long Term Liabilities: GEN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GEN is debt free.
Reducing Debt: GEN had no debt 5 years ago.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: GEN has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: GEN has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 20.3% each year.
What is Genmin current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GEN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GEN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GEN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GEN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GEN's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Joe Ariti (58 yo)
Mr. Giuseppe Vince Ariti, also known as Joe, B.sc, DipMinSc, MBA, MAusIMM, MAICD, serves as the Managing Director Chief Executive Officer and Director of Genmin Limited since January 11, 2010. Mr. Ariti wa...
CEO Compensation Analysis
Compensation vs Market: Joe's total compensation ($USD182.65K) is below average for companies of similar size in the Australian market ($USD302.72K).
Compensation vs Earnings: Joe's compensation has been consistent with company performance over the past year.
Experienced Management: GEN's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.
Experienced Board: GEN's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
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.
Dilution of Shares: GEN only recently listed within the past 12 months.
Genmin Limited's employee growth, exchange listings and data sources
- Name: Genmin Limited
- Ticker: GEN
- Exchange: ASX
- Founded: 2010
- Industry: Steel
- Sector: Materials
- Market Cap: AU$78.918m
- Shares outstanding: 404.71m
- Website: https://www.genmingroup.com
- Genmin Limited
- Outram Centre
- Suite 7
- West Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 15:36|
|End of Day Share Price||2021/10/18 00:00|
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.