ASX:MAU

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Magnetic Resources

Executive Summary

Magnetic Resources NL explores mineral tenements in Western Australia. More Details


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

MAUIndustryMarket
7 Day7.7%3.0%2.6%
30 Day19.1%8.5%3.4%
90 Day18.6%28.5%14.6%
1 Year141.4%141.4%33.7%26.8%3.0%-0.4%
3 Year636.8%636.8%71.9%48.3%26.6%11.0%
5 Year2,700.0%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

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

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

NamePositionTenureCompensationOwnership
George Sakalidis
MD & Director3.75yrsAU$256.86k2.45%
A$ 7.4m
Hian Chan
Non-Executive Director0.25yrno data13.45%
A$ 40.7m
Julien Sanderson
Independent Non-Executive Director5yrsAU$50.37k0.19%
A$ 581.0k
Jin Huei Lim
Non-Executive Independent Chairman4.92yrsAU$46.00k3.76%
A$ 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MAUASX (Australian Securities Exchange)YesOrdinary SharesAUAUDApr 2007
MAUCHIA (Chi-X Australia)YesOrdinary SharesAUAUDApr 2007
MAUCAASX (Australian Securities Exchange)Contributing SharesAUAUDJan 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/26 07:06
End of Day Share Price2021/01/25 00:00
Earnings2020/06/30
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.