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KLL

Kalium LakesASX:KLL Stock Report

Market Cap

AU$187.5m

7D

2.8%

1Y

-5.1%

Updated

26 Oct, 2021

Data

Company Financials +
KLL fundamental analysis
Snowflake Score
Valuation1/6
Future Growth5/6
Past Performance0/6
Financial Health1/6
Dividends0/6

KLL Overview

Kalium Lakes Limited operates as an exploration and development company in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Kalium Lakes
Historical stock prices
Current Share PriceAU$0.18
52 Week HighAU$0.17
52 Week LowAU$0.29
Beta0.011
1 Month Change-13.95%
3 Month Change-15.91%
1 Year Change-5.13%
3 Year Change-51.32%
5 Year Changen/a
Change since IPO-15.91%

Recent News & Updates

Shareholder Returns

KLLAU ChemicalsAU Market
7D2.8%1.0%0.8%
1Y-5.1%17.9%24.4%

Return vs Industry: KLL underperformed the Australian Chemicals industry which returned 17.9% over the past year.

Return vs Market: KLL underperformed the Australian Market which returned 24.4% over the past year.

Price Volatility

Is KLL's price volatile compared to industry and market?
KLL volatility
KLL Beta0.011
Industry Beta0.80
Market Beta1

Stable Share Price: KLL is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: KLL's weekly volatility (12%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2014n/aPhilippus van Niekerkhttps://www.kaliumlakes.com.au

Kalium Lakes Limited operates as an exploration and development company in Australia. It focuses on the development of 100% owned the Beyondie sulphate of potash project, which include 16 granted exploration licenses, two mining leases, and various miscellaneous licenses covering an area of approximately 1,800 square kilometers located in Western Australia. The company was founded in 2014 and is based in Balcatta, Australia.

Kalium Lakes Fundamentals Summary

How do Kalium Lakes's earnings and revenue compare to its market cap?
KLL fundamental statistics
Market CapAU$187.50m
Earnings (TTM)-AU$623.27k
Revenue (TTM)n/a

0x

P/S Ratio

-303.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
KLL income statement (TTM)
RevenueAU$0
Cost of RevenueAU$100.02k
Gross Profit-AU$100.02k
ExpensesAU$523.25k
Earnings-AU$623.27k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.00061
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio118.2%

How did KLL perform over the long term?

See historical performance and comparison

Valuation

Is Kalium Lakes undervalued compared to its fair value and its price relative to the market?

1.34x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: KLL (A$0.19) is trading above our estimate of fair value (A$0.08)

Significantly Below Fair Value: KLL is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: KLL is unprofitable, so we can't compare its PE Ratio to the Australian Chemicals industry average.

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


Price to Book Ratio

PB vs Industry: KLL is good value based on its PB Ratio (1.3x) compared to the AU Chemicals industry average (3.9x).


Future Growth

How is Kalium Lakes forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

73.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: KLL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: KLL is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: KLL's is expected to become profitable in the next 3 years.

Revenue vs Market: KLL's revenue (59.7% per year) is forecast to grow faster than the Australian market (5.3% per year).

High Growth Revenue: KLL's revenue (59.7% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: KLL's Return on Equity is forecast to be low in 3 years time (13%).


Past Performance

How has Kalium Lakes performed over the past 5 years?

-11.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KLL is currently unprofitable.

Growing Profit Margin: KLL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: KLL is unprofitable, and losses have increased over the past 5 years at a rate of 11.7% per year.

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

Earnings vs Industry: KLL is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (-61.8%).


Return on Equity

High ROE: KLL has a negative Return on Equity (-0.45%), as it is currently unprofitable.


Financial Health

How is Kalium Lakes's financial position?


Financial Position Analysis

Short Term Liabilities: KLL's short term assets (A$35.5M) exceed its short term liabilities (A$15.2M).

Long Term Liabilities: KLL's short term assets (A$35.5M) do not cover its long term liabilities (A$172.8M).


Debt to Equity History and Analysis

Debt Level: KLL's debt to equity ratio (118.2%) is considered high.

Reducing Debt: Insufficient data to determine if KLL's debt to equity ratio has reduced over the past 5 years.


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: KLL has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: KLL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 63.1% each year


Dividend

What is Kalium Lakes's current dividend yield, its reliability and sustainability?

2.14%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

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

0.9yrs

Average management tenure


CEO

Philippus van Niekerk

1.25yrs

Tenure

AU$364,847

Compensation

Mr. Philippus Rudolph Van Niekerk, B.Eng. Mechanical GAICD, has been Chief Development Officer at Kalium Lakes Limited since March 9, 2017 and serves as its Chief Executive Officer since October 6, 2020. H...


CEO Compensation Analysis

Compensation vs Market: Philippus's total compensation ($USD273.50K) is about average for companies of similar size in the Australian market ($USD301.38K).

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


Leadership Team

Experienced Management: KLL's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.


Board Members

Experienced Board: KLL's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


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 diluted in the past year, with total shares outstanding growing by 20.8%.


Top Shareholders

Company Information

Kalium Lakes Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Kalium Lakes Limited
  • Ticker: KLL
  • Exchange: ASX
  • Founded: 2014
  • Industry: Fertilizers and Agricultural Chemicals
  • Sector: Materials
  • Market Cap: AU$187.498m
  • Shares outstanding: 1.01b
  • Website: https://www.kaliumlakes.com.au

Location

  • Kalium Lakes Limited
  • 152 Balcatta Road
  • Unit 1
  • Balcatta
  • Western Australia
  • 6021
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 16:30
End of Day Share Price2021/10/26 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.