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MAU

Magnetic Resources ASX:MAU Stock Report

Last Price

AU$0.96

Market Cap

AU$216.3m

7D

-3.5%

1Y

-36.2%

Updated

07 Aug, 2022

Data

Company Financials
MAU fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

MAU Stock Overview

Magnetic Resources NL explores mineral tenements in Western Australia.

Magnetic Resources Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Magnetic Resources
Historical stock prices
Current Share PriceAU$0.96
52 Week HighAU$1.70
52 Week LowAU$0.92
Beta1.0
1 Month Change-17.60%
3 Month Change-32.39%
1 Year Change-36.21%
3 Year Change146.15%
5 Year Change638.46%
Change since IPO200.00%

Recent News & Updates

Shareholder Returns

MAUAU Metals and MiningAU Market
7D-3.5%1.4%1.0%
1Y-36.2%-16.4%-7.9%

Return vs Industry: MAU underperformed the Australian Metals and Mining industry which returned -16.4% over the past year.

Return vs Market: MAU underperformed the Australian Market which returned -7.9% over the past year.

Price Volatility

Is MAU's price volatile compared to industry and market?
MAU volatility
MAU Average Weekly Movement7.7%
Metals and Mining Industry Average Movement12.1%
Market Average Movement10.6%
10% most volatile stocks in AU Market17.5%
10% least volatile stocks in AU Market4.7%

Stable Share Price: MAU is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: MAU's weekly volatility (8%) 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$216.30m
Earnings (TTM)-AU$8.15m
Revenue (TTM)AU$500.81k

432.4x

P/S Ratio

-26.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MAU income statement (TTM)
RevenueAU$500.81k
Cost of RevenueAU$0
Gross ProfitAU$500.81k
Other ExpensesAU$8.65m
Earnings-AU$8.15m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.036
Gross Margin100.00%
Net Profit Margin-1,626.46%
Debt/Equity Ratio0.0%

How did MAU perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is MAU undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MAU?

Other financial metrics that can be useful for relative valuation.

MAU key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue420.5x
Enterprise Value/EBITDA-27.6x
PEG Ration/a

Price to Book Ratio vs Peers

How does MAU's PB Ratio compare to its peers?

MAU PB Ratio vs Peers
The above table shows the PB ratio for MAU vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average15.8x
LIN Lindian Resources
38.9xn/aAU$178.2m
AZL Arizona Lithium
9.8xn/aAU$194.8m
LOT Lotus Resources
13.1x85.3%AU$283.8m
IMA Image Resources
1.4xn/aAU$160.7m
MAU Magnetic Resources
37xn/aAU$216.3m

Price-To-Book vs Peers: MAU is expensive based on its Price-To-Book Ratio (37x) compared to the peer average (15.8x).


Price to Earnings Ratio vs Industry

How does MAU's PE Ratio compare vs other companies in the AU Metals and Mining Industry?

Price-To-Book vs Industry: MAU is expensive based on its Price-To-Book Ratio (37x) compared to the Australian Metals and Mining industry average (2x)


Price to Book Ratio vs Fair Ratio

What is MAU's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MAU PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio37x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate MAU's Price-To-Book Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of MAU when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate MAU's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate MAU's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-8.8%

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.


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  • Examine Magnetic Resources's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • Magnetic Resources competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Magnetic Resources performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-37.5%

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 37.5% 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 (57.3%).


Return on Equity

High ROE: MAU has a negative Return on Equity (-139.32%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Magnetic Resources's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: MAU's short term assets (A$5.9M) exceed its short term liabilities (A$399.3K).

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 9 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: MAU is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.


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Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

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.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as MAU has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

4.2yrs

Average board tenure


CEO

George Sakalidis (65 yo)

5.33yrs

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 ($USD788.41K) is above average for companies of similar size in the Australian market ($USD279.73K).

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 (4.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: MAU 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 3.3%.


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
  • Implied Market Cap: AU$216.298m
  • Shares outstanding: 225.31m
  • 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 Analysis2022/08/07 00:00
End of Day Share Price2022/08/05 00:00
Earnings2021/12/31
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.