Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Genesis Minerals. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Genesis Minerals's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Minerals 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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Genesis Minerals's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Genesis Minerals's earnings growth to the Australia market average as no estimate data is available.
Unable to compare Genesis Minerals's revenue growth to the Australia market average as no estimate data is available.
Unable to determine if Genesis Minerals is high growth as no earnings estimate data is available.
Unable to determine if Genesis Minerals is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Genesis Minerals's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Metals and Mining
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Genesis Minerals's finances.
The net worth of a company is the difference between its assets and liabilities.
Genesis Minerals is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Genesis Minerals has no long term commitments.
This treemap shows a more detailed breakdown of
Genesis Minerals's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Low level of unsold assets.
Genesis Minerals has no debt, it does not need to be covered by short term assets.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Michael John Fowler, BAppSc(Geol), MSc (Ore Deposit Geology) UWA, MAusIMM serves as the Chief Executive Officer and Managing Director for Genesis Minerals Limited. Mr. Fowler served as the Chief Executive Officer of Sirius Resources NL from September 26, 2005 to 2009. He served as Exploration Manager of Croesus Mining NL and served as its Managing Director from September 26, 2005 to 2009. He has been involved in the mineral exploration industry in Western Australia for over 18 years. He was key executive at Croesus for 10 years, joined as Senior Geologist at Croesus' Binduli project in 1996. He worked as an Exploration Geologist exploring for gold and base metals for Dominion Mining in the Murchison and Gascoyne Regions of Western Australia before working as a Project Geologist in the Eastern Goldfields of Western Australia. He has been an Independent Non-Executive Director of Coventry Resources Limited (a/k/a, Coventry Resources Inc) since January 15, 2015. Mr. Fowler serves as Director of Genesis Minerals Limited. He served as Non Executive Director of PolarX Limited from January 15, 2015 to December 1, 2017. He served as a Non-Executive Director of Azure Minerals Limited from September 29, 2003 to September 2007. Mr. Fowler graduated from Curtin University in 1988 with a Bachelor of Applied Science degree majoring in geology. He also completed a Master of Science majoring in Ore Deposit Geology from the University of Western Australia in 1999.
Michael's compensation has increased whilst company is loss making.
Michael's remuneration is about average for companies of similar size in Australia.
MD, CEO & Director
Board of Directors Tenure
Average tenure of the
board of directors in years:
The average tenure for the Genesis Minerals board of directors is less than 3 years, this suggests a new board.
Introducing Genesis Minerals (ASX:GMD), A Stock That Climbed 94% In The Last Three Years
For example, Genesis Minerals Limited (ASX:GMD) shareholders have seen the share price rise 94% over three years, well in excess of the market return (23%, not including dividends). … For example, investors may be hoping that Genesis Minerals finds some valuable resources, before it runs out of money. … Given how low on cash the it got, investors must really like its potential for the share price to be up 25% per year, over 3 years.
Are Genesis Minerals Limited's (ASX:GMD) Interest Costs Too High?
The direct benefit for Genesis Minerals Limited (ASX:GMD), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … Is financial flexibility worth the lower cost of capital. … There are well-known benefits of including debt in capital structure, primarily a lower cost of capital
Are Genesis Minerals Limited's (ASX:GMD) Interest Costs Too High?
However, the trade-off is GMD will have to follow strict debt obligations which will reduce its financial flexibility. … Is GMD right in choosing financial flexibility over lower cost of capital … Debt capital generally has lower cost of capital compared to equity funding.
Should You Be Content With Genesis Minerals Limited's (ASX:GMD) 78.6% Earnings Growth?
When Genesis Minerals Limited (ASX:GMD) released its most recent earnings update (30 June 2017), I wanted to understand how these figures stacked up against its past performance. … The two benchmarks I used were Genesis Minerals's average earnings over the past couple of years, and its industry performance. … Check out our latest analysis for Genesis Minerals How GMD fared against its long-term earnings performance and its industry For the most up-to-date info, I use data from the most recent 12 months, which annualizes the latest 6-month earnings release, or some times, the latest annual report is already the most recent financial data.
Genesis Minerals Limited engages in the exploration and development of gold deposits in Western Australia. The company's primary project is the Ulysses gold project located to the north of Kalgoorlie. It also holds a 100% interest in the Viking gold project situated to the east of Perth and south east of the town of Norseman; and an option agreement to acquire a 65% interest in the Barimaia gold project situated in Murchison district. Genesis Minerals Limited was incorporated in 2007 and is headquartered in West Perth, Australia.
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