| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
MAT Overview
Matsa Resources Limited engages in the exploration and development of mineral properties in Western Australia and Thailand.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.061 |
| 52 Week High | AU$0.051 |
| 52 Week Low | AU$0.14 |
| Beta | 0.36 |
| 1 Month Change | 7.02% |
| 3 Month Change | -14.09% |
| 1 Year Change | -56.43% |
| 3 Year Change | -57.93% |
| 5 Year Change | -61.66% |
| Change since IPO | -53.72% |
Recent News & Updates
Shareholder Returns
| MAT | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | 3.4% | 3.6% | 1.7% |
| 1Y | -56.4% | 11.3% | 20.2% |
Return vs Industry: MAT underperformed the Australian Metals and Mining industry which returned 11.3% over the past year.
Return vs Market: MAT underperformed the Australian Market which returned 20.2% over the past year.
Price Volatility
| MAT volatility | |
|---|---|
| MAT Beta | 0.36 |
| Industry Beta | 0.97 |
| Market Beta | 1 |
Stable Share Price: MAT is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: MAT's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2003 | 24 | Paul Poli | https://www.matsa.com.au |
Matsa Resources Limited engages in the exploration and development of mineral properties in Western Australia and Thailand. The company primarily explores for gold, nickel, copper, and base metals. It holds interests in the Lake Carey Gold project, Red October, Fortitude Gold Mine Stage 2, Fortitude North, and Devon projects; and the Paraburdoo, Symons Hill, and Lake Rebecca projects.
Matsa Resources Fundamentals Summary
| MAT fundamental statistics | |
|---|---|
| Market Cap | AU$21.85m |
| Earnings (TTM) | -AU$9.66m |
| Revenue (TTM) | AU$8.06m |
2.7x
P/S Ratio-2.3x
P/E RatioIs MAT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MAT income statement (TTM) | |
|---|---|
| Revenue | AU$8.06m |
| Cost of Revenue | AU$12.64m |
| Gross Profit | -AU$4.59m |
| Expenses | AU$5.07m |
| Earnings | -AU$9.66m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.027 |
| Gross Margin | -56.93% |
| Net Profit Margin | -119.87% |
| Debt/Equity Ratio | 27.4% |
How did MAT perform over the long term?
See historical performance and comparisonValuation
Is Matsa Resources undervalued compared to its fair value and its price relative to the market?
1.43x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate MAT's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MAT's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MAT is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: MAT 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 MAT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MAT 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 Matsa Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
0.7%
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 Matsa 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 Matsa Resources performed over the past 5 years?
-43.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MAT is currently unprofitable.
Growing Profit Margin: MAT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MAT is unprofitable, and losses have increased over the past 5 years at a rate of 43% per year.
Accelerating Growth: Unable to compare MAT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MAT 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: MAT has a negative Return on Equity (-62.81%), as it is currently unprofitable.
Financial Health
How is Matsa Resources's financial position?
Financial Position Analysis
Short Term Liabilities: MAT's short term assets (A$3.6M) do not cover its short term liabilities (A$5.5M).
Long Term Liabilities: MAT's short term assets (A$3.6M) do not cover its long term liabilities (A$7.0M).
Debt to Equity History and Analysis
Debt Level: MAT's debt to equity ratio (27.4%) is considered satisfactory.
Reducing Debt: MAT's debt to equity ratio has increased from 0% to 27.4% 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: MAT has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: MAT is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.
Dividend
What is Matsa Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MAT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MAT'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 MAT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MAT'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 MAT'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?
11.4yrs
Average board tenure
CEO
Paul Poli
no data
Tenure
AU$351,036
Compensation
Mr. Paul Poli, B.Com., FCPA, serves as Executive Chairman and Managing Director of Matsa Resources Ltd and has been its Director since December 23, 2008. He has been the Chairman of the Board at Bulletin R...
CEO Compensation Analysis
Compensation vs Market: Paul's total compensation ($USD262.46K) is about average for companies of similar size in the Australian market ($USD302.06K).
Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.
Board Members
Experienced Board: MAT's board of directors are seasoned and experienced ( 11.4 years average tenure).
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 32.1%.
Top Shareholders
Company Information
Matsa Resources Limited's employee growth, exchange listings and data sources
Key Information
- Name: Matsa Resources Limited
- Ticker: MAT
- Exchange: ASX
- Founded: 2003
- Industry: Gold
- Sector: Materials
- Market Cap: AU$21.847m
- Shares outstanding: 358.15m
- Website: https://www.matsa.com.au
Number of Employees
Location
- Matsa Resources Limited
- 139 Newcastle Street
- Suite 11
- Perth
- Western Australia
- 6000
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/20 07:04 |
| End of Day Share Price | 2021/10/20 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
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.