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GES

Genesis ResourcesASX:GES Stock Report

Market Cap

AU$11.0m

7D

7.7%

1Y

-44.0%

Updated

18 Oct, 2021

Data

Company Financials
GES fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

GES Overview

Genesis Resources Limited engages in the exploration and evaluation of mineral properties in Australia and Macedonia.

Price History & Performance

Summary of all time highs, changes and price drops for Genesis Resources
Historical stock prices
Current Share PriceAU$0.014
52 Week HighAU$0.009
52 Week LowAU$0.022
Beta0.024
1 Month Change7.69%
3 Month Change0%
1 Year Change-44.00%
3 Year Change75.00%
5 Year Change-53.33%
Change since IPO-91.25%

Recent News & Updates

Jun 27
Does Genesis Resources (ASX:GES) Have A Healthy Balance Sheet?

Does Genesis Resources (ASX:GES) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Mar 14
Is Genesis Resources (ASX:GES) Using Too Much Debt?

Is Genesis Resources (ASX:GES) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Nov 21
Genesis Resources (ASX:GES) Is Carrying A Fair Bit Of Debt

Genesis Resources (ASX:GES) Is Carrying A Fair Bit Of Debt

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

GESAU Metals and MiningAU Market
7D7.7%4.3%0.9%
1Y-44.0%12.2%20.2%

Return vs Industry: GES underperformed the Australian Metals and Mining industry which returned 12.2% over the past year.

Return vs Market: GES underperformed the Australian Market which returned 20.2% over the past year.

Price Volatility

Is GES's price volatile compared to industry and market?
GES volatility
GES Beta0.024
Industry Beta0.97
Market Beta1

Stable Share Price: GES is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 23% a week.

Volatility Over Time: GES's weekly volatility (23%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2005n/aEddie Panghttps://www.genesisresourcesltd.com.au

Genesis Resources Limited engages in the exploration and evaluation of mineral properties in Australia and Macedonia. It explores for copper, iron, gold, manganese, silver, and other base metals. The company owns six exploration licenses covering an area of approximately 919.08 square kilometers in Queensland and the Northern Territory of Australia.

Genesis Resources Fundamentals Summary

How do Genesis Resources's earnings and revenue compare to its market cap?
GES fundamental statistics
Market CapAU$10.96m
Earnings (TTM)-AU$2.20m
Revenue (TTM)AU$101.94k

107.7x

P/S Ratio

-5.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GES income statement (TTM)
RevenueAU$101.94k
Cost of RevenueAU$0
Gross ProfitAU$101.94k
ExpensesAU$2.30m
Earnings-AU$2.20m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0028
Gross Margin100.00%
Net Profit Margin-2,155.56%
Debt/Equity Ratio82.6%

How did GES perform over the long term?

See historical performance and comparison

Valuation

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

1.03x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: GES is good value based on its PB Ratio (1x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

-0.3%

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 Genesis 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.


Past Performance

How has Genesis Resources performed over the past 5 years?

5.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GES is currently unprofitable.

Growing Profit Margin: GES is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GES is unprofitable, but has reduced losses over the past 5 years at a rate of 5.8% per year.

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

Earnings vs Industry: GES 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: GES has a negative Return on Equity (-20.78%), as it is currently unprofitable.


Financial Health

How is Genesis Resources's financial position?


Financial Position Analysis

Short Term Liabilities: GES's short term assets (A$737.7K) do not cover its short term liabilities (A$11.5M).

Long Term Liabilities: GES's short term assets (A$737.7K) exceed its long term liabilities (A$9.3K).


Debt to Equity History and Analysis

Debt Level: GES's debt to equity ratio (82.6%) is considered high.

Reducing Debt: GES's debt to equity ratio has increased from 16.3% to 82.6% 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: GES has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: GES has less than a year of cash runway if free cash flow continues to grow at historical rates of 22.4% each year.


Dividend

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


Dividend Yield vs Market

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

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

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

5.4yrs

Average board tenure


CEO

Eddie Pang (64 yo)

6.08yrs

Tenure

Mr. Lung Yiu Pang, also known as Eddie, BSc (Hons) has been Managing Director of Genesis Resources Limited since September 28, 2015. He has been Executive Chairman of Genesis Resources Limited since Novemb...


CEO Compensation Analysis

Compensation vs Market: Eddie's total compensation ($USD146.29K) is below average for companies of similar size in the Australian market ($USD302.72K).

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


Board Members

Experienced Board: GES's board of directors are considered experienced (5.4 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Genesis Resources Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Genesis Resources Limited
  • Ticker: GES
  • Exchange: ASX
  • Founded: 2005
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$10.960m
  • Shares outstanding: 782.84m
  • Website: https://www.genesisresourcesltd.com.au

Location

  • Genesis Resources Limited
  • Kew Junction Tower
  • Suite 101
  • Kew
  • Victoria
  • 3101
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 15:30
End of Day Share Price2021/10/18 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.