Kogi Iron Limited, through its subsidiaries, engages in the mining of iron ore and its conversion into cast steel for steel making in the Federal Republic of Nigeria.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.015|
|52 Week High||AU$0.012|
|52 Week Low||AU$0.05|
|1 Month Change||-6.25%|
|3 Month Change||7.14%|
|1 Year Change||-42.31%|
|3 Year Change||-88.46%|
|5 Year Change||-37.50%|
|Change since IPO||-99.81%|
Recent News & Updates
We Think Kogi Iron (ASX:KFE) Needs To Drive Business Growth Carefully
Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
|KFE||AU Metals and Mining||AU Market|
Return vs Industry: KFE underperformed the Australian Metals and Mining industry which returned 12.5% over the past year.
Return vs Market: KFE underperformed the Australian Market which returned 21.4% over the past year.
Stable Share Price: KFE is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 15% a week.
Volatility Over Time: KFE's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
Kogi Iron Limited, through its subsidiaries, engages in the mining of iron ore and its conversion into cast steel for steel making in the Federal Republic of Nigeria. It holds 100% interest in the Agbaja project located on the Agbaja plateau in Kogi State. The company was formerly known as Energio Limited and changed its name to Kogi Iron Limited in November 2012.
Kogi Iron Fundamentals Summary
|KFE fundamental statistics|
Is KFE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|KFE income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0029|
|Net Profit Margin||-27,103.73%|
How did KFE perform over the long term?See historical performance and comparison
Is Kogi Iron 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 KFE's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate KFE's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: KFE is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: KFE 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 KFE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: KFE is overvalued based on its PB Ratio (15.8x) compared to the AU Metals and Mining industry average (2.6x).
How is Kogi Iron 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 Kogi Iron 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 Kogi Iron performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KFE is currently unprofitable.
Growing Profit Margin: KFE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: KFE is unprofitable, and losses have increased over the past 5 years at a rate of 11.1% per year.
Accelerating Growth: Unable to compare KFE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: KFE 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: KFE has a negative Return on Equity (-310.2%), as it is currently unprofitable.
How is Kogi Iron's financial position?
Financial Position Analysis
Short Term Liabilities: KFE's short term assets (A$3.0M) exceed its short term liabilities (A$2.2M).
Long Term Liabilities: KFE's short term assets (A$3.0M) exceed its long term liabilities (A$10.0).
Debt to Equity History and Analysis
Debt Level: KFE is debt free.
Reducing Debt: KFE has not had any debt for 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: KFE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: KFE has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 10.1% each year.
What is Kogi Iron current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate KFE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate KFE'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 KFE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if KFE'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 KFE'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 board tenure
Kogi Iron has no CEO, or we have no data on them.
Experienced Board: KFE's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.
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 20%.
Kogi Iron Limited's employee growth, exchange listings and data sources
- Name: Kogi Iron Limited
- Ticker: KFE
- Exchange: ASX
- Founded: 1980
- Industry: Steel
- Sector: Materials
- Market Cap: AU$13.956m
- Shares outstanding: 930.40m
- Website: https://www.kogiiron.com
- Kogi Iron Limited
- 10 George Street
- South Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/22 07:05|
|End of Day Share Price||2021/10/22 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.