company background image
KIS

King Island ScheeliteASX:KIS Stock Report

Market Cap

AU$71.4m

7D

0%

1Y

133.3%

Updated

14 Oct, 2021

Data

Company Financials
KIS fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

KIS Overview

King Island Scheelite Limited operates in the mining industry.

Price History & Performance

Summary of all time highs, changes and price drops for King Island Scheelite
Historical stock prices
Current Share PriceAU$0.14
52 Week HighAU$0.06
52 Week LowAU$0.35
Beta0.074
1 Month Change-20.00%
3 Month Change-40.43%
1 Year Change133.33%
3 Year Change40.00%
5 Year Change174.52%
Change since IPO-75.00%

Recent News & Updates

Feb 13
Have King Island Scheelite Limited (ASX:KIS) Insiders Been Selling Their Stock?

Have King Island Scheelite Limited (ASX:KIS) Insiders Been Selling Their Stock?

We'd be surprised if King Island Scheelite Limited ( ASX:KIS ) shareholders haven't noticed that an insider, Catherine...

Shareholder Returns

KISAU Metals and MiningAU Market
7D0%2.6%0.3%
1Y133.3%7.4%17.9%

Return vs Industry: KIS exceeded the Australian Metals and Mining industry which returned 7.4% over the past year.

Return vs Market: KIS exceeded the Australian Market which returned 17.9% over the past year.

Price Volatility

Is KIS's price volatile compared to industry and market?
KIS volatility
KIS Beta0.074
Industry Beta0.97
Market Beta1

Stable Share Price: KIS is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: KIS's weekly volatility has decreased from 16% to 10% over the past year.

About the Company

FoundedEmployeesCEOWebsite
1966n/aJohann Jooste-Jacobshttps://www.kingislandscheelite.com.au

King Island Scheelite Limited operates in the mining industry. It focuses on the redevelopment of its 100% owned the Dolphin tungsten project located in King Island, Tasmania. The company was formerly known as GTN Resources Limited and changed its name to King Island Scheelite Limited in November 2005.

King Island Scheelite Fundamentals Summary

How do King Island Scheelite's earnings and revenue compare to its market cap?
KIS fundamental statistics
Market CapAU$71.39m
Earnings (TTM)-AU$4.88m
Revenue (TTM)n/a

0x

P/S Ratio

-14.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
KIS income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$4.88m
Earnings-AU$4.88m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0096
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did KIS perform over the long term?

See historical performance and comparison

Valuation

Is King Island Scheelite undervalued compared to its fair value and its price relative to the market?

10.74x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: KIS is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

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


Price to Book Ratio

PB vs Industry: KIS is overvalued based on its PB Ratio (10.7x) compared to the AU Metals and Mining industry average (2.5x).


Future Growth

How is King Island Scheelite forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.009%

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 King Island Scheelite 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 King Island Scheelite performed over the past 5 years?

-30.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KIS is currently unprofitable.

Growing Profit Margin: KIS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: KIS is unprofitable, and losses have increased over the past 5 years at a rate of 30.3% per year.

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

Earnings vs Industry: KIS 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: KIS has a negative Return on Equity (-73.31%), as it is currently unprofitable.


Financial Health

How is King Island Scheelite's financial position?


Financial Position Analysis

Short Term Liabilities: KIS's short term assets (A$3.5M) exceed its short term liabilities (A$663.6K).

Long Term Liabilities: KIS's short term assets (A$3.5M) exceed its long term liabilities (A$16.8K).


Debt to Equity History and Analysis

Debt Level: KIS is debt free.

Reducing Debt: KIS has no debt compared to 5 years ago when its debt to equity ratio was 77.3%.


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: KIS has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: KIS has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 5.4% each year.


Dividend

What is King Island Scheelite current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

5.6yrs

Average management tenure


CEO

Johann Jooste-Jacobs (67 yo)

no data

Tenure

AU$846,202

Compensation

Mr. Johann Christiaan Jooste-Jacobs, B.Acc, MBL, FAICD, FCA, has been Executive Chairman of King Island Scheelite Limited since November 30, 2012 and serves as its Chief Executive Officer. He served as the...


CEO Compensation Analysis

Compensation vs Market: Johann's total compensation ($USD623.35K) is above average for companies of similar size in the Australian market ($USD300.22K).

Compensation vs Earnings: Johann's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: KIS's management team is seasoned and experienced (5.6 years average tenure).


Board Members

Experienced Board: KIS's board of directors are considered experienced (8.9 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 92.9%.


Top Shareholders

Company Information

King Island Scheelite Limited's employee growth, exchange listings and data sources


Key Information

  • Name: King Island Scheelite Limited
  • Ticker: KIS
  • Exchange: ASX
  • Founded: 1966
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$71.395m
  • Shares outstanding: 509.96m
  • Website: https://www.kingislandscheelite.com.au

Location

  • King Island Scheelite Limited
  • 259 George Street
  • Suite 26.01
  • Sydney
  • New South Wales
  • 2001
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/14 15:32
End of Day Share Price2021/10/14 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.