King Island Scheelite Limited operates in the mining industry. More Details
+ 2 more risks
Weak fundamentals or lack of information.
Share Price & News
How has King Island Scheelite's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KIS is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 20% a week.
Volatility Over Time: KIS's weekly volatility (20%) has been stable over the past year, but is still higher than 75% of Australian stocks.
7 Day Return
AU Metals and Mining
1 Year Return
AU Metals and Mining
Return vs Industry: KIS exceeded the Australian Metals and Mining industry which returned 17.7% over the past year.
Return vs Market: KIS exceeded the Australian Market which returned -1.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is King Island Scheelite's share price compared to the market and industry in the last 5 years?
Simply Wall St News
9 months ago | Simply Wall StInvestors Who Bought King Island Scheelite (ASX:KIS) Shares Five Years Ago Are Now Down 53%
10 months ago | Simply Wall StIs King Island Scheelite Limited's (ASX:KIS) CEO Salary Justified?
1 year ago | Simply Wall StWhat Kind Of Shareholders Own King Island Scheelite Limited (ASX:KIS)?
Is King Island Scheelite undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether King Island Scheelite is trading at an attractive price based on the cash flow it is expected to produce in the future. But as King Island Scheelite has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.
- Take a look at our analysis of KIS's management and see if the CEO's compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don't know where to start, we recommend reading through King Island Scheelite regulatory filings.
- Explore potentially undervalued companies in the Materials industry.
How is King Island Scheelite 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 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.
- Take a look at our analysis of KIS’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- King Island Scheelite competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has King Island Scheelite performed over the past 5 years?
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 9.5% 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 (38%).
Return on Equity
High ROE: KIS's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is King Island Scheelite's financial position?
Financial Position Analysis
Short Term Liabilities: KIS has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: KIS has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: KIS has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: KIS's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: KIS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 3.5% each year
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Johann Jooste-Jacobs (66 yo)
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 ($USD129.40K) is below average for companies of similar size in the Australian market ($USD281.17K).
Compensation vs Earnings: Johann's compensation has been consistent with company performance over the past year.
|Executive Chairman & CEO||no data||AU$175.03k||1.31% |
|Executive Director||8yrs||AU$28.91k||no data|
|Independent Non-Executive Director||1.75yrs||AU$139.20k||no data|
Experienced Board: KIS's board of directors are considered experienced (8 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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 15%.
King Island Scheelite Limited's company bio, employee growth, exchange listings and data sources
- Name: King Island Scheelite Limited
- Ticker: KIS
- Exchange: ASX
- Founded: 1966
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$30.404m
- Shares outstanding: 304.04m
- Website: https://www.kingislandscheelite.com.au
- King Island Scheelite Limited
- 259 George Street
- Suite 26.01
- New South Wales
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|KIS||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Jan 1992|
|N9A||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
|KIS||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Jan 1992|
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 know...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/28 07:02|
|End of Day Share Price||2020/11/27 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.