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LOT

Lotus ResourcesASX:LOT Stock Report

Market Cap

AU$250.1m

7D

-12.9%

1Y

206.8%

Updated

24 Sep, 2021

Data

Company Financials +
LOT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

LOT Overview

Lotus Resources Limited engages in the exploration and development of mineral properties in Australia and Malawi.

Price History & Performance

Summary of all time highs, changes and price drops for Lotus Resources
Historical stock prices
Current Share PriceAU$0.27
52 Week HighAU$0.076
52 Week LowAU$0.35
Beta3.2
1 Month Change54.29%
3 Month Change54.29%
1 Year Change206.82%
3 Year Change141.07%
5 Year Change-39.73%
Change since IPO-95.98%

Recent News & Updates

Shareholder Returns

LOTAU Metals and MiningAU Market
7D-12.9%-1.5%-0.5%
1Y206.8%11.5%24.9%

Return vs Industry: LOT exceeded the Australian Metals and Mining industry which returned 11.5% over the past year.

Return vs Market: LOT exceeded the Australian Market which returned 24.9% over the past year.

Price Volatility

Is LOT's price volatile compared to industry and market?
LOT volatility
LOT Beta3.2
Industry Beta0.93
Market Beta1

Stable Share Price: LOT is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: LOT's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2006n/aKeith Boweshttps://www.lotusresources.com.au

Lotus Resources Limited engages in the exploration and development of mineral properties in Australia and Malawi. The company also explores for cobalt ores. Its flagship property is the 65% owned Kayelekera uranium project located in northern Malawi, Africa.

Lotus Resources Fundamentals Summary

How do Lotus Resources's earnings and revenue compare to its market cap?
LOT fundamental statistics
Market CapAU$250.10m
Earnings (TTM)-AU$17.72m
Revenue (TTM)AU$230.90k

1.1kx

P/S Ratio

-14.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LOT income statement (TTM)
RevenueAU$230.90k
Cost of RevenueAU$1.33m
Gross Profit-AU$1.10m
ExpensesAU$16.62m
Earnings-AU$17.72m

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)-0.018
Gross Margin-476.56%
Net Profit Margin-7,676.46%
Debt/Equity Ratio87.7%

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?

22.41x

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 (22.4x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

60.4%

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?

-9.6%

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 9.6% 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 (44.4%).


Return on Equity

High ROE: LOT has a negative Return on Equity (-146.63%), 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$19.9M) exceed its short term liabilities (A$1.7M).

Long Term Liabilities: LOT's short term assets (A$19.9M) do not cover its long term liabilities (A$64.3M).


Debt to Equity History and Analysis

Debt Level: LOT's debt to equity ratio (87.7%) is considered high.

Reducing Debt: Insufficient data to determine if LOT'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: LOT has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: LOT has sufficient cash runway for 2 years if free cash flow continues to reduce at historical rates of 36.9% 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?

0.6yrs

Average board tenure


CEO

Keith Bowes

0.58

Tenure

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...


Board Members

Experienced Board: LOT's board of directors are not considered experienced ( 0.6 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 diluted in the past year, with total shares outstanding growing by 30.3%.


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$250.102m
  • Shares outstanding: 961.93m
  • Website: https://www.lotusresources.com.au

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 Analysis2021/09/24 08:05
End of Day Share Price2021/09/24 00:00
Earnings2020/12/31
Annual Earnings2020/06/30


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.