ASX:ICG

Stock Analysis Report

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Market Cap

AU$42.5m

Last Updated

2021/07/30 08:30 UTC

Data Sources

Company Financials

Executive Summary

Inca Minerals Limited, a junior resource company, engages in the acquisition, exploration, evaluation, and development of mineral properties. More Details


Snowflake Analysis

Flawless balance sheet with questionable track record.

Share Price & News

How has Inca Minerals's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ICG is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: ICG's weekly volatility has decreased from 22% to 13% over the past year, but is still higher than 75% of Australian stocks.


Market Performance


7 Day Return

-3.1%

ICG

3.3%

AU Metals and Mining

0.4%

AU Market


1 Year Return

375.0%

ICG

38.2%

AU Metals and Mining

28.3%

AU Market

Return vs Industry: ICG exceeded the Australian Metals and Mining industry which returned 38.2% over the past year.

Return vs Market: ICG exceeded the Australian Market which returned 28.3% over the past year.


Shareholder returns

ICGIndustryMarket
7 Day-3.1%3.3%0.4%
30 Day-17.4%9.1%1.7%
90 Day-20.8%10.1%5.1%
1 Year394.5%375.0%45.4%38.2%33.1%28.3%
3 Year17.8%5.6%91.4%64.1%34.9%18.5%
5 Year32.4%18.8%169.0%121.0%66.5%34.1%

Long-Term Price Volatility Vs. Market

How volatile is Inca Minerals's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Inca Minerals undervalued compared to its fair value and its price relative to the market?

24.8x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: ICG is poor value based on its PE Ratio (24.8x) compared to the Australian Metals and Mining industry average (12.6x).

PE vs Market: ICG is poor value based on its PE Ratio (24.8x) compared to the Australian market (20.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ICG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ICG is good value based on its PB Ratio (2.2x) compared to the AU Metals and Mining industry average (2.5x).


Future Growth

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

-1.5%

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 Inca 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 SimplyWall St do have past financial data.


Past Performance

How has Inca Minerals performed over the past 5 years?

60.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ICG has a high level of non-cash earnings.

Growing Profit Margin: ICG became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: ICG has become profitable over the past 5 years, growing earnings by 60.2% per year.

Accelerating Growth: ICG has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ICG has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (20.2%).


Return on Equity

High ROE: ICG's Return on Equity (8.7%) is considered low.


Financial Health

How is Inca Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: ICG's short term assets (A$7.3M) exceed its short term liabilities (A$206.4K).

Long Term Liabilities: ICG's short term assets (A$7.3M) exceed its long term liabilities (A$14.2K).


Debt to Equity History and Analysis

Debt Level: ICG is debt free.

Reducing Debt: ICG has not had any debt for past 5 years.

Debt Coverage: ICG has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: ICG has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Inca Minerals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

3.3yrs

Average board tenure


CEO

Ross Brown

9.33yrs

Tenure

AU$276,746

Compensation

Mr. Ross Curtis Brown, B.Sc (Hons), M.Aus.IMM. has been the Managing Director of Inca Minerals Limited since March 01, 2012. Mr. Brown has been Chairman of Technical Advisory Panel at Inca Minerals Limited...


CEO Compensation Analysis

Compensation vs Market: Ross's total compensation ($USD204.83K) is about average for companies of similar size in the Australian market ($USD270.91K).

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


Board Members

Experienced Board: ICG's board of directors are considered experienced (3.3 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 121.8%.


Top Shareholders

Company Information

Inca Minerals Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Inca Minerals Limited
  • Ticker: ICG
  • Exchange: ASX
  • Founded: NaN
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$42.515m
  • Shares outstanding: 452.29m
  • Website: https://www.incaminerals.com.au

Location

  • Inca Minerals Limited
  • 16 Nicholson Road
  • Suite 1
  • Subiaco
  • Western Australia
  • 6008
  • Australia

Listings


Biography

Inca Minerals Limited, a junior resource company, engages in the acquisition, exploration, evaluation, and development of mineral properties. The company explores for gold, silver, copper, zinc, and lead d...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/30 08:30
End of Day Share Price2021/07/30 00:00
Earnings2020/12/31
Annual Earnings2020/06/30


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.