Executive Summary
Magnetic Resources NL explores mineral tenements in Western Australia. More Details
Risk Analysis
Snowflake Analysis
Flawless balance sheet with weak fundamentals.
Share Price & News
How has Magnetic Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MAU is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: MAU's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
7.7%
MAU
3.0%
AU Metals and Mining
2.6%
AU Market
1 Year Return
141.4%
MAU
26.8%
AU Metals and Mining
-0.4%
AU Market
Return vs Industry: MAU exceeded the Australian Metals and Mining industry which returned 26.8% over the past year.
Return vs Market: MAU exceeded the Australian Market which returned -0.4% over the past year.
Shareholder returns
| MAU | Industry | Market | |
|---|---|---|---|
| 7 Day | 7.7% | 3.0% | 2.6% |
| 30 Day | 19.1% | 8.5% | 3.4% |
| 90 Day | 18.6% | 28.5% | 14.6% |
| 1 Year | 141.4%141.4% | 33.7%26.8% | 3.0%-0.4% |
| 3 Year | 636.8%636.8% | 71.9%48.3% | 26.6%11.0% |
| 5 Year | 2,700.0%2,700.0% | 277.5%210.0% | 67.5%33.9% |
Long-Term Price Volatility Vs. Market
How volatile is Magnetic Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
Is Magnetic Resources NL's (ASX:MAU) Shareholder Ownership Skewed Towards Insiders?5 months ago | Simply Wall St
What Kind Of Investors Own Most Of Magnetic Resources NL (ASX:MAU)?9 months ago | Simply Wall St
What Kind Of Shareholder Owns Most Magnetic Resources NL (ASX:MAU) Stock?Valuation
Is Magnetic Resources undervalued compared to its fair value and its price relative to the market?
71.9x
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 AU 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 (71.9x) compared to the AU Metals and Mining industry average (3x).
Next Steps
Future Growth
How is Magnetic Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
7.3%
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.
Next Steps
- 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.
- Explore growth companies in the Materials industry.
Past Performance
How has Magnetic Resources performed over the past 5 years?
-28.6%
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 28.6% 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 (38%).
Return on Equity
High ROE: MAU has a negative Return on Equity (-112.81%), as it is currently unprofitable.
Next Steps
Financial Health
How is Magnetic Resources's financial position?
Financial Position Analysis
Short Term Liabilities: MAU's short term assets (A$4.2M) exceed its short term liabilities (A$333.7K).
Long Term Liabilities: MAU has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MAU is debt free.
Reducing Debt: MAU has no debt compared to 5 years ago when its debt to equity ratio was 0.3%.
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 12 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: MAU has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 24.4% each year
Next Steps
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?
5.0yrs
Average board tenure
CEO
George Sakalidis (63 yo)
3.75yrs
Tenure
AU$256,862
Compensation
Mr. George Sakalidis, B.Sc(Hons), MAusimm, has been Managing Director of Magnetic Resources NL since April 19, 2017 and its Executive Director since January 29, 2016. He serves as Head of Exploration at Im...
CEO Compensation Analysis
Compensation vs Market: George's total compensation ($USD197.69K) is below average for companies of similar size in the Australian market ($USD497.48K).
Compensation vs Earnings: George's compensation has been consistent with company performance over the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 3.75yrs | AU$256.86k | 2.45% A$ 7.4m | |
| Non-Executive Director | 0.25yr | no data | 13.45% A$ 40.7m | |
| Independent Non-Executive Director | 5yrs | AU$50.37k | 0.19% A$ 581.0k | |
| Non-Executive Independent Chairman | 4.92yrs | AU$46.00k | 3.76% A$ 11.4m |
5.0yrs
Average Tenure
Experienced Board: MAU's board of directors are considered experienced (5 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 7%.
Top Shareholders
Company Information
Magnetic Resources NL's company bio, 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$302.640m
- Shares outstanding: 216.17m
- Website: https://www.magres.com.au
Location
- Magnetic Resources NL
- 44A Kings Park Road
- 1st Floor
- West Perth
- Western Australia
- 6005
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MAU | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Apr 2007 |
| MAU | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Apr 2007 |
| MAUCA | ASX (Australian Securities Exchange) | Contributing Shares | AU | AUD | Jan 2010 |
Biography
Magnetic Resources NL explores mineral tenements in Western Australia. The company holds 100% interests in the Mertondale, Christmas Well, Melita, Raeside East, Braiser, Nambi, Kowtah, Hawks Nest, Mt Ajax,...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/26 07:06 |
| End of Day Share Price | 2021/01/25 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/06/30 |
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.