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HFR

Highfield ResourcesASX:HFR Stock Report

Market Cap

AU$211.4m

7D

-2.6%

1Y

-19.3%

Updated

09 Dec, 2021

Data

Company Financials
HFR fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

HFR Stock Overview

Highfield Resources Limited, together with its subsidiaries, engages in the exploration and development of potash mines in Spain.

Highfield Resources Competitors

Paladin Energy

ASX:PDN

AU$2.1b

Energy Resources of Australia

ASX:ERA

AU$1.2b

Western Areas

ASX:WSA

AU$1.0b

St Barbara

ASX:SBM

AU$968.5m

Price History & Performance

Summary of all time highs, changes and price drops for Highfield Resources
Historical stock prices
Current Share PriceAU$0.56
52 Week HighAU$0.89
52 Week LowAU$0.42
Beta1.68
1 Month Change1.80%
3 Month Change6.60%
1 Year Change-19.29%
3 Year Change-16.91%
5 Year Change-54.80%
Change since IPO88.33%

Recent News & Updates

Nov 06
We're Keeping An Eye On Highfield Resources' (ASX:HFR) Cash Burn Rate

We're Keeping An Eye On Highfield Resources' (ASX:HFR) Cash Burn Rate

We can readily understand why investors are attracted to unprofitable companies. For example, although...

Shareholder Returns

HFRAU ChemicalsAU Market
7D-2.6%1.5%2.1%
1Y-19.3%11.5%10.7%

Return vs Industry: HFR underperformed the Australian Chemicals industry which returned 11.5% over the past year.

Return vs Market: HFR underperformed the Australian Market which returned 10.7% over the past year.

Price Volatility

Is HFR's price volatile compared to industry and market?
HFR volatility
HFR Average Weekly Movement9.4%
Chemicals Industry Average Movement9.6%
Market Average Movement8.3%
10% most volatile stocks in AU Market15.6%
10% least volatile stocks in AU Market3.7%

Stable Share Price: HFR is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: HFR's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201135Ignacio Salazarhttps://www.highfieldresources.com.au

Highfield Resources Limited, together with its subsidiaries, engages in the exploration and development of potash mines in Spain. The company’s potash projects are located in the Ebro potash producing basin in Northern Spain. Its flagship property is the Muga project that covers an area of approximately 60 square kilometers located to the south east of Pamplona.

Highfield Resources Fundamentals Summary


Earnings & Revenue

Key profitability statistics from the latest earnings report
HFR income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$6.20m
Earnings-AU$6.20m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.017
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did HFR perform over the long term?

See historical performance and comparison

Valuation

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

1.63x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: HFR is unprofitable, so we can't compare its PE Ratio to the Australian Chemicals industry average.

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


Price to Book Ratio

PB vs Industry: HFR is good value based on its PB Ratio (1.6x) compared to the AU Chemicals industry average (3.5x).


Future Growth

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

32.1%

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 Highfield 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 Highfield Resources performed over the past 5 years?

-17.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HFR is currently unprofitable.

Growing Profit Margin: HFR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: HFR is unprofitable, and losses have increased over the past 5 years at a rate of 17.8% per year.

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

Earnings vs Industry: HFR is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (-51.9%).


Return on Equity

High ROE: HFR has a negative Return on Equity (-4.91%), as it is currently unprofitable.


Financial Health

How is Highfield Resources's financial position?


Financial Position Analysis

Short Term Liabilities: HFR's short term assets (A$13.5M) exceed its short term liabilities (A$3.8M).

Long Term Liabilities: HFR's short term assets (A$13.5M) exceed its long term liabilities (A$10.0).


Debt to Equity History and Analysis

Debt Level: HFR is debt free.

Reducing Debt: HFR has not had any debt for 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: HFR has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: HFR has less than a year of cash runway if free cash flow continues to grow at historical rates of 4.2% each year.


Dividend

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


Dividend Yield vs Market

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

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

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

4.0yrs

Average management tenure


CEO

Ignacio Salazar

1.42yrs

Tenure

AU$909,067

Compensation

Mr. Ignacio Salazar serves as the Chief Executive Officer of Highfield Resources Ltd. since July 20, 2020 and served as its Managing Director since July 20, 2020 until 2020. He serves as Managing Director...


CEO Compensation Analysis

Compensation vs Market: Ignacio's total compensation ($USD651.71K) is about average for companies of similar size in the Australian market ($USD566.18K).

Compensation vs Earnings: Insufficient data to compare Ignacio's compensation with company performance.


Leadership Team

Experienced Management: HFR's management team is considered experienced (4 years average tenure).


Board Members

Experienced Board: HFR's board of directors are considered experienced (3.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: HFR insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10.6%.


Top Shareholders

Company Information

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


Key Information

  • Name: Highfield Resources Limited
  • Ticker: HFR
  • Exchange: ASX
  • Founded: 2011
  • Industry: Fertilizers and Agricultural Chemicals
  • Sector: Materials
  • Market Cap: AU$211.369m
  • Shares outstanding: 364.43m
  • Website: https://www.highfieldresources.com.au

Number of Employees


Location

  • Highfield Resources Limited
  • Avenida Carlos III N 13–1B
  • Pamplona
  • Navarre
  • 31002
  • Spain

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/09 07:02
End of Day Share Price2021/12/09 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.