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LOT

Lotus ResourcesASX:LOT Stock Report

Market Cap

AU$326.9m

7D

10.0%

1Y

192.6%

Updated

15 Oct, 2021

Data

Company Financials +
LOT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

LOT Overview

Lotus Resources Limited explores for and develops mineral properties in Australia and Africa.

Price History & Performance

Summary of all time highs, changes and price drops for Lotus Resources
Historical stock prices
Current Share PriceAU$0.28
52 Week HighAU$0.083
52 Week LowAU$0.35
Beta3.09
1 Month Change-14.06%
3 Month Change66.67%
1 Year Change192.55%
3 Year Change292.86%
5 Year Change-42.23%
Change since IPO-95.91%

Recent News & Updates

Shareholder Returns

LOTAU Metals and MiningAU Market
7D10.0%2.4%0.1%
1Y192.6%10.1%19.3%

Return vs Industry: LOT exceeded the Australian Metals and Mining industry which returned 10.1% over the past year.

Return vs Market: LOT exceeded the Australian Market which returned 19.3% over the past year.

Price Volatility

Is LOT's price volatile compared to industry and market?
LOT volatility
LOT Beta3.09
Industry Beta0.97
Market Beta1

Stable Share Price: LOT is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: LOT's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
200619Keith Boweshttps://www.lotusresources.com.au

Lotus Resources Limited explores for and develops mineral properties in Australia and Africa. The company holds an interest in the Kayelekera uranium project; and the Livingstonia project located in northern Malawi, southern Africa. It also explores for cobalt ores.

Lotus Resources Fundamentals Summary

How do Lotus Resources's earnings and revenue compare to its market cap?
LOT fundamental statistics
Market CapAU$326.92m
Earnings (TTM)-AU$5.01m
Revenue (TTM)AU$127.11k

2.8kx

P/S Ratio

-65.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LOT income statement (TTM)
RevenueAU$127.11k
Cost of RevenueAU$376.27k
Gross Profit-AU$249.16k
ExpensesAU$4.77m
Earnings-AU$5.01m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0042
Gross Margin-196.01%
Net Profit Margin-3,944.88%
Debt/Equity Ratio0.0%

How did LOT perform over the long term?

See historical performance and comparison

Valuation

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

14.89x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: LOT is overvalued based on its PB Ratio (14.9x) compared to the AU Metals and Mining industry average (2.5x).


Future Growth

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

61.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LOT is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: LOT is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: LOT is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: LOT is forecast to have no revenue next year.

High Growth Revenue: LOT is forecast to have no revenue next year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: LOT is forecast to be unprofitable in 3 years.


Past Performance

How has Lotus Resources performed over the past 5 years?

-30.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LOT is currently unprofitable.

Growing Profit Margin: LOT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: LOT is unprofitable, and losses have increased over the past 5 years at a rate of 30.5% per year.

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

Earnings vs Industry: LOT 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: LOT has a negative Return on Equity (-26.4%), as it is currently unprofitable.


Financial Health

How is Lotus Resources's financial position?


Financial Position Analysis

Short Term Liabilities: LOT's short term assets (A$29.1M) exceed its short term liabilities (A$3.3M).

Long Term Liabilities: LOT's short term assets (A$29.1M) do not cover its long term liabilities (A$63.2M).


Debt to Equity History and Analysis

Debt Level: LOT is debt free.

Reducing Debt: LOT 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: LOT has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: LOT has sufficient cash runway for 2.4 years if free cash flow continues to reduce at historical rates of 37.9% each year.


Dividend

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


Dividend Yield vs Market

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

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

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

0.7yrs

Average board tenure


CEO

Keith Bowes

0.67

Tenure

AU$244,111

Compensation

Mr. Keith Bowes serves as Managing Director at Lotus Resources Limited February 15, 2021. Mr. Bowes served as Head of Technical Committee at Lotus Resources Limited until February 15, 2021. Mr Bowes experi...


CEO Compensation Analysis

Compensation vs Market: Keith's total compensation ($USD181.02K) is below average for companies of similar size in the Australian market ($USD551.68K).

Compensation vs Earnings: Insufficient data to compare Keith's compensation with company performance.


Board Members

Experienced Board: LOT's board of directors are not considered experienced ( 0.7 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 60.6%.


Top Shareholders

Company Information

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


Key Information

  • Name: Lotus Resources Limited
  • Ticker: LOT
  • Exchange: ASX
  • Founded: 2006
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$326.920m
  • Shares outstanding: 1.19b
  • Website: https://www.lotusresources.com.au

Number of Employees


Location

  • Lotus Resources Limited
  • Emerald House
  • 1202 Hay Street
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/15 15:48
End of Day Share Price2021/10/15 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.