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MAU

Magnetic ResourcesASX:MAU Stock Report

Market Cap

AU$337.1m

7D

-0.6%

1Y

22.6%

Updated

19 Oct, 2021

Data

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

MAU Overview

Magnetic Resources NL explores mineral tenements in Western Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Magnetic Resources
Historical stock prices
Current Share PriceAU$1.55
52 Week HighAU$0.96
52 Week LowAU$1.70
Beta1.17
1 Month Change-7.49%
3 Month Change0.98%
1 Year Change22.62%
3 Year Change930.00%
5 Year Change1,616.67%
Change since IPO382.81%

Recent News & Updates

Shareholder Returns

MAUAU Metals and MiningAU Market
7D-0.6%3.9%1.7%
1Y22.6%13.3%20.3%

Return vs Industry: MAU exceeded the Australian Metals and Mining industry which returned 13.3% over the past year.

Return vs Market: MAU exceeded the Australian Market which returned 20.3% over the past year.

Price Volatility

Is MAU's price volatile compared to industry and market?
MAU volatility
MAU Beta1.17
Industry Beta0.97
Market Beta1

Stable Share Price: MAU is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: MAU's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006n/aGeorge Sakalidishttps://magres.com.au

Magnetic Resources NL explores mineral tenements in Western Australia. The company holds 100% interests in the Laverton region comprising Hawks Nest, Mt Jumbo, Hawks Nest East, Mt Ajax, Mt Jumbo East, Little Well, Kowtah, and Lady Julie projects covering an area of approximately 261 square kilometers; and the Benjabbering, Trayning, Goddard, and Korrelocking projects covering an area of approximately 322 square kilometers. It also holds interest in various projects and tenements located in Leonora–Laverton region, as well as focuses on the Kauring, Ragged Rock, and Mount Joy iron ore and nickel projects.

Magnetic Resources Fundamentals Summary

How do Magnetic Resources's earnings and revenue compare to its market cap?
MAU fundamental statistics
Market CapAU$337.08m
Earnings (TTM)-AU$8.63m
Revenue (TTM)AU$501.60k

674.7x

P/S Ratio

-39.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MAU income statement (TTM)
RevenueAU$501.60k
Cost of RevenueAU$0
Gross ProfitAU$501.60k
ExpensesAU$9.13m
Earnings-AU$8.63m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.04
Gross Margin100.00%
Net Profit Margin-1,720.11%
Debt/Equity Ratio0.0%

How did MAU perform over the long term?

See historical performance and comparison

Valuation

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

47.33x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: MAU is overvalued based on its PB Ratio (47.3x) compared to the AU Metals and Mining industry average (2.5x).


Future Growth

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

-0.2%

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 Magnetic 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 Magnetic Resources performed over the past 5 years?

-38.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MAU is currently unprofitable.

Growing Profit Margin: MAU is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MAU is unprofitable, and losses have increased over the past 5 years at a rate of 38% per year.

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

Earnings vs Industry: MAU 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: MAU has a negative Return on Equity (-121.13%), as it is currently unprofitable.


Financial Health

How is Magnetic Resources's financial position?


Financial Position Analysis

Short Term Liabilities: MAU's short term assets (A$7.2M) exceed its short term liabilities (A$332.8K).

Long Term Liabilities: MAU has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: MAU is debt free.

Reducing Debt: MAU 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: MAU has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: MAU has less than a year of cash runway if free cash flow continues to reduce at historical rates of 30.2% each year


Dividend

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


Dividend Yield vs Market

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

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

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

5.7yrs

Average board tenure


CEO

George Sakalidis (64 yo)

4.5yrs

Tenure

AU$1,143,674

Compensation

Mr. George Sakalidis, B.Sc(Hons), MAusimm, has been Managing Director of Magnetic Resources NL since April 19, 2017 and its Executive Director since January 29, 2016. He serves as Head of Exploration at Im...


CEO Compensation Analysis

Compensation vs Market: George's total compensation ($USD847.61K) is above average for companies of similar size in the Australian market ($USD549.23K).

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


Board Members

Experienced Board: MAU's board of directors are considered experienced (5.7 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Magnetic Resources NL's employee growth, exchange listings and data sources


Key Information

  • Name: Magnetic Resources NL
  • Ticker: MAU
  • Exchange: ASX
  • Founded: 2006
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$337.078m
  • Shares outstanding: 218.17m
  • Website: https://magres.com.au

Location

  • Magnetic Resources NL
  • 44A Kings Park Road
  • 1st Floor
  • 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 Analysis2021/10/19 07:03
End of Day Share Price2021/10/19 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.