Iron Road Limited explores for and evaluates iron ore properties in Australia.
Iron Road Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.20|
|52 Week High||AU$0.13|
|52 Week Low||AU$0.40|
|1 Month Change||-2.38%|
|3 Month Change||-25.46%|
|1 Year Change||20.59%|
|3 Year Change||192.86%|
|5 Year Change||57.69%|
|Change since IPO||-28.07%|
Recent News & Updates
|IRD||AU Metals and Mining||AU Market|
Return vs Industry: IRD exceeded the Australian Metals and Mining industry which returned 12.2% over the past year.
Return vs Market: IRD matched the Australian Market which returned 20.2% over the past year.
Stable Share Price: IRD is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: IRD's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
Iron Road Limited explores for and evaluates iron ore properties in Australia. It owns 100% interest in the Central Eyre iron project located on the Eyre Peninsula of South Australia; and 90% interest in the Gawler iron project located in South Australia. The company was incorporated in 2007 and is based in Adelaide, Australia.
Iron Road Fundamentals Summary
|IRD fundamental statistics|
Is IRD overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|IRD income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0068|
|Net Profit Margin||-10,813.88%|
How did IRD perform over the long term?See historical performance and comparison
Is Iron Road undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate IRD's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate IRD's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: IRD is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: IRD 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 IRD's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: IRD is good value based on its PB Ratio (1.2x) compared to the AU Metals and Mining industry average (2.5x).
How is Iron Road forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Iron Road 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.
How has Iron Road performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IRD is currently unprofitable.
Growing Profit Margin: IRD is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: IRD is unprofitable, but has reduced losses over the past 5 years at a rate of 15.1% per year.
Accelerating Growth: Unable to compare IRD's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: IRD 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: IRD has a negative Return on Equity (-4%), as it is currently unprofitable.
How is Iron Road's financial position?
Financial Position Analysis
Short Term Liabilities: IRD's short term assets (A$4.9M) exceed its short term liabilities (A$1.5M).
Long Term Liabilities: IRD's short term assets (A$4.9M) exceed its long term liabilities (A$1.1K).
Debt to Equity History and Analysis
Debt Level: IRD's debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: IRD's debt to equity ratio has reduced from 3.2% to 0.3% over the past 5 years.
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: IRD has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: IRD has sufficient cash runway for 1.8 years if free cash flow continues to grow at historical rates of 33.9% each year.
What is Iron Road current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate IRD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate IRD'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 IRD's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IRD'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 IRD'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
Mr. Larry J. Ingle, BSc (Hons) MSc, MBA, MAusIMM, has been the Chief Executive Officer of Iron Road Limited since November 22, 2019 and served as its General Manager from July 1, 2009 to November 22, 2019....
CEO Compensation Analysis
Compensation vs Market: Larry's total compensation ($USD428.71K) is above average for companies of similar size in the Australian market ($USD302.45K).
Compensation vs Earnings: Larry's compensation has increased whilst the company is unprofitable.
Experienced Management: IRD's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Experienced Board: IRD's board of directors are considered experienced (9.9 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 14.5%.
Iron Road Limited's employee growth, exchange listings and data sources
- Name: Iron Road Limited
- Ticker: IRD
- Exchange: ASX
- Founded: 2007
- Industry: Steel
- Sector: Materials
- Market Cap: AU$162.891m
- Shares outstanding: 794.59m
- Website: https://www.ironroadlimited.com.au
- Iron Road Limited
- 63 Pirie Street
- Level 3
- South Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/16 07:03|
|End of Day Share Price||2021/10/15 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.