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KWR

Kingwest ResourcesASX:KWR Stock Report

Market Cap

AU$28.1m

7D

-3.6%

1Y

-41.3%

Updated

18 Oct, 2021

Data

Company Financials
KWR fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

KWR Overview

Kingwest Resources Limited, together with its subsidiaries, engages in the acquisition and exploration gold deposits in Western Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Kingwest Resources
Historical stock prices
Current Share PriceAU$0.14
52 Week HighAU$0.063
52 Week LowAU$0.25
Beta-1.07
1 Month Change0%
3 Month Change58.82%
1 Year Change-41.30%
3 Year Change-22.86%
5 Year Changen/a
Change since IPO-27.03%

Recent News & Updates

Shareholder Returns

KWRAU Metals and MiningAU Market
7D-3.6%4.3%0.9%
1Y-41.3%12.2%20.2%

Return vs Industry: KWR underperformed the Australian Metals and Mining industry which returned 12.2% over the past year.

Return vs Market: KWR underperformed the Australian Market which returned 20.2% over the past year.

Price Volatility

Is KWR's price volatile compared to industry and market?
KWR volatility
KWR Beta-1.07
Industry Beta0.97
Market Beta1

Stable Share Price: KWR is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 17% a week.

Volatility Over Time: KWR's weekly volatility has increased from 12% to 17% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2018n/aEd Turnerhttps://www.kingwestresources.com.au

Kingwest Resources Limited, together with its subsidiaries, engages in the acquisition and exploration gold deposits in Western Australia. It holds interest in the Menzies Gold Project and the Goongarrie Gold Project located in Kalgoorlie, Western Australia. The company was incorporated in 2018 and is based in Subiaco, Australia.

Kingwest Resources Fundamentals Summary

How do Kingwest Resources's earnings and revenue compare to its market cap?
KWR fundamental statistics
Market CapAU$28.12m
Earnings (TTM)-AU$1.93m
Revenue (TTM)AU$26.64k

1.1kx

P/S Ratio

-14.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
KWR income statement (TTM)
RevenueAU$26.64k
Cost of RevenueAU$0
Gross ProfitAU$26.64k
ExpensesAU$1.95m
Earnings-AU$1.93m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0092
Gross Margin100.00%
Net Profit Margin-7,237.89%
Debt/Equity Ratio0%

How did KWR perform over the long term?

See historical performance and comparison

Valuation

Is Kingwest Resources undervalued compared to its fair value and its price relative to the market?

1.42x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: KWR is good value based on its PB Ratio (1.4x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Kingwest Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.3%

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 Kingwest Resources 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 Kingwest Resources performed over the past 5 years?

63.4%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: KWR is currently unprofitable.

Growing Profit Margin: KWR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if KWR's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: KWR 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: KWR has a negative Return on Equity (-9.72%), as it is currently unprofitable.


Financial Health

How is Kingwest Resources's financial position?


Financial Position Analysis

Short Term Liabilities: KWR's short term assets (A$3.2M) exceed its short term liabilities (A$783.4K).

Long Term Liabilities: KWR's short term assets (A$3.2M) exceed its long term liabilities (A$3.3K).


Debt to Equity History and Analysis

Debt Level: KWR is debt free.

Reducing Debt: KWR had no debt 5 years ago.


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

Forecast Cash Runway: KWR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 40.6% each year


Dividend

What is Kingwest Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

1.0yrs

Average management tenure


CEO

Ed Turner

2.08yrs

Tenure

AU$340,085

Compensation

Mr. Edward James Turner, also known as Ed, B App Sc (Geol), MAIG, serves as Chief Executive Officer at Kingwest Resources Limited since September 18, 2019. He had been General Manager of Geology & Explorat...


CEO Compensation Analysis

Compensation vs Market: Ed's total compensation ($USD252.42K) is about average for companies of similar size in the Australian market ($USD302.72K).

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


Leadership Team

Experienced Management: KWR's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

Experienced Board: KWR's board of directors are not considered experienced ( 2 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: KWR 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 diluted in the past year, with total shares outstanding growing by 35.5%.


Top Shareholders

Company Information

Kingwest Resources Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Kingwest Resources Limited
  • Ticker: KWR
  • Exchange: ASX
  • Founded: 2018
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$28.117m
  • Shares outstanding: 208.28m
  • Website: https://www.kingwestresources.com.au

Location

  • Kingwest Resources Limited
  • Churchill Court
  • Unit 3
  • Subiaco
  • Western Australia
  • 6008
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 15:38
End of Day Share Price2021/10/18 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.