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Metal Bank

ASX:MBK
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MBK
ASX
A$7M
Market Cap
  1. Home
  2. AU
  3. Materials
Company description

Metal Bank Limited engages in the exploration and development of mineral properties. The last earnings update was 37 days ago. More info.


Add to Portfolio Compare Print
  • Metal Bank has significant price volatility in the past 3 months.
MBK Share Price and Events
7 Day Returns
-11.1%
ASX:MBK
-4.3%
AU Metals and Mining
0.3%
AU Market
1 Year Returns
-55.6%
ASX:MBK
13.6%
AU Metals and Mining
5.2%
AU Market
MBK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Metal Bank (MBK) -11.1% -11.1% -33.3% -55.6% 60% -63.6%
AU Metals and Mining -4.3% 1.5% 13.7% 13.6% 73.8% 7.3%
AU Market 0.3% 1% 7.2% 5.2% 19.2% 4.9%
1 Year Return vs Industry and Market
  • MBK underperformed the Metals and Mining industry which returned 13.6% over the past year.
  • MBK underperformed the Market in Australia which returned 5.2% over the past year.
Price Volatility
MBK
Industry
5yr Volatility vs Market

Value

 Is Metal Bank undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Metal Bank. This is due to cash flow or dividend data being unavailable. The share price is A$0.008.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Metal Bank's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Metal Bank's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:MBK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.00
ASX:MBK Share Price ** ASX (2019-04-17) in AUD A$0.01
Australia Metals and Mining Industry PE Ratio Median Figure of 78 Publicly-Listed Metals and Mining Companies 12.54x
Australia Market PE Ratio Median Figure of 544 Publicly-Listed Companies 16.05x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Metal Bank.

ASX:MBK PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:MBK Share Price ÷ EPS (both in AUD)

= 0.01 ÷ 0.00

-15.3x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Metal Bank is loss making, we can't compare its value to the AU Metals and Mining industry average.
  • Metal Bank is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Metal Bank's expected growth come at a high price?
Raw Data
ASX:MBK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -15.3x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Metals and Mining Industry PEG Ratio Median Figure of 39 Publicly-Listed Metals and Mining Companies 0.56x
Australia Market PEG Ratio Median Figure of 361 Publicly-Listed Companies 1.36x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Metal Bank, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Metal Bank's assets?
Raw Data
ASX:MBK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.01
ASX:MBK Share Price * ASX (2019-04-17) in AUD A$0.01
Australia Metals and Mining Industry PB Ratio Median Figure of 584 Publicly-Listed Metals and Mining Companies 1.51x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.69x
ASX:MBK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:MBK Share Price ÷ Book Value per Share (both in AUD)

= 0.01 ÷ 0.01

0.66x

* Primary Listing of Metal Bank.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Metal Bank is good value based on assets compared to the AU Metals and Mining industry average.
X
Value checks
We assess Metal Bank's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Metal Bank has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Metal Bank expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Metal Bank 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-0.1%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Metal Bank expected to grow at an attractive rate?
  • Unable to compare Metal Bank's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Metal Bank's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Metal Bank's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:MBK Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average -0.1%
Australia Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 0.8%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.6%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:MBK Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:MBK Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 0 0
2018-09-30 0 -1 -1
2018-06-30 0 -1 -1
2018-03-31 0 -1 -1
2017-12-31 0 0 -1
2017-09-30 0 0 -1
2017-06-30 0 0 -1
2017-03-31 0 -1 -1
2016-12-31 0 -1 -2
2016-09-30 0 -1 -2
2016-06-30 0 -1 -2
2016-03-31 0 -1 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Metal Bank is high growth as no earnings estimate data is available.
  • Unable to determine if Metal Bank is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:MBK Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Metal Bank Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:MBK Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 0.00
2016-09-30 0.00
2016-06-30 -0.01
2016-03-31 0.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Metal Bank will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Metal Bank'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.
  2. Metal Bank's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Metal Bank's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
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Future performance checks
We assess Metal Bank's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Metal Bank has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Metal Bank performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Metal Bank's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Metal Bank does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Metal Bank's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Metal Bank's 1-year growth to the AU Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Metal Bank's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Metal Bank Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:MBK Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 0.06 -0.47 0.45
2018-09-30 0.06 -0.62 0.50
2018-06-30 0.05 -0.78 0.55
2018-03-31 0.05 -0.77 0.54
2017-12-31 0.05 -0.76 0.54
2017-09-30 0.05 -0.65 0.51
2017-06-30 0.06 -0.54 0.47
2017-03-31 0.04 -1.23 0.46
2016-12-31 0.02 -1.92 0.44
2016-09-30 0.01 -1.95 0.47
2016-06-30 0.00 -1.98 0.49
2016-03-31 -0.02 -1.30 0.40
2015-12-31 -0.05 -0.62 0.31
2015-09-30 -0.02 -0.79 0.40
2015-06-30 0.01 -0.97 0.49
2015-03-31 0.04 -0.94 0.53
2014-12-31 0.08 -0.92 0.57
2014-09-30 0.06 -1.01 0.77
2014-06-30 0.05 -1.10 0.97
2014-03-31 0.04 -1.20 0.99
2013-12-31 0.03 -1.29 1.01
2013-09-30 0.03 -1.09 0.83
2013-06-30 0.02 -0.88 0.65
2013-03-31 0.03 -1.04 0.86
2012-12-31 0.05 -1.19 1.07
2012-09-30 0.04 -1.19 1.05
2012-06-30 0.04 -1.20 1.04

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Metal Bank has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Metal Bank has efficiently used its assets last year compared to the AU Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Metal Bank improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Metal Bank's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Metal Bank has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Metal Bank's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Metal Bank's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Metal Bank is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Metal Bank has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Metal Bank's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Metal Bank has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Metal Bank Company Filings, last reported 3 months ago.

ASX:MBK Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 10.64 0.00 2.18
2018-09-30 10.64 0.00 2.18
2018-06-30 10.84 0.00 2.98
2018-03-31 10.84 0.00 2.98
2017-12-31 11.08 0.00 4.94
2017-09-30 11.08 0.00 4.94
2017-06-30 8.41 0.00 2.98
2017-03-31 8.41 0.00 2.98
2016-12-31 8.63 0.00 4.20
2016-09-30 8.63 0.00 4.20
2016-06-30 3.01 0.70 0.37
2016-03-31 3.01 0.70 0.37
2015-12-31 4.03 0.70 0.20
2015-09-30 4.03 0.70 0.20
2015-06-30 3.89 0.64 0.55
2015-03-31 3.89 0.64 0.55
2014-12-31 3.36 0.00 0.26
2014-09-30 3.36 0.00 0.26
2014-06-30 4.06 0.00 0.84
2014-03-31 4.06 0.00 0.84
2013-12-31 4.28 0.00 1.88
2013-09-30 4.28 0.00 1.88
2013-06-30 0.51 0.00 0.54
2013-03-31 0.51 0.00 0.54
2012-12-31 0.68 0.00 0.66
2012-09-30 0.68 0.00 0.66
2012-06-30 0.81 0.00 1.17
  • Metal Bank has no debt.
  • Metal Bank had no debt 5 years ago.
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.

  • Metal Bank has less than a year of cash runway based on current free cash flow.
  • Metal Bank has less than a year of cash runway if free cash flow continues to grow at historical rates of 24.3% each year.
X
Financial health checks
We assess Metal Bank's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Metal Bank has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Metal Bank's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Metal Bank dividends.
If you bought A$2,000 of Metal Bank shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Metal Bank's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Metal Bank's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:MBK Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Australia Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 36 Stocks 3.7%
Australia Market Average Dividend Yield Market Cap Weighted Average of 417 Stocks 4.3%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.6%
Australia Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Metal Bank has not reported any payouts.
  • Unable to verify if Metal Bank's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Metal Bank's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Metal Bank has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Metal Bank's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Metal Bank afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Metal Bank has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Metal Bank's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Tony Schreck
COMPENSATION A$248,992
TENURE AS CEO 2.4 years
CEO Bio

Mr. Anthony William Schreck, also known as Tony, B.App Sc, Grad Dip Sc has been Managing Director of Metal Bank Limited since November 2, 2016. Mr. Schreck served as the Chief Geoscientist of Xdm Resources Inc. He had over 23 years of experience in green fields and brown fields gold exploration and environmental geology in Australia and the South Pacific. He is highly knowledgeable in the copper-gold mineralization associated with porphyry-epithermal systems having worked for Normandy Mining, North Flinders Mines and Dominion Mining. He serves as a Director of Roar Resources Pty Ltd. He has been an Executive Director of Metal Bank Limited since November 29, 2013. He serves as a Member of the Australian Institute of Geoscientists (AIG).

CEO Compensation
  • Tony's compensation has increased whilst company is loss making.
  • Tony's remuneration is about average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the Metal Bank management team in years:

2.8
Average Tenure
  • The tenure for the Metal Bank management team is about average.
Management Team

Tony Schreck

TITLE
MD & Executive Director
COMPENSATION
A$249K
TENURE
2.4 yrs

Guy Robertson

TITLE
Executive Director
COMPENSATION
A$50K

Trevor Wright

TITLE
Exploration Manager
COMPENSATION
A$191K
TENURE
2.8 yrs

Sue-Ann Higgins

TITLE
Company Secretary
COMPENSATION
A$122K
TENURE
5.7 yrs
Board of Directors Tenure

Average tenure of the Metal Bank board of directors in years:

5.7
Average Tenure
  • The tenure for the Metal Bank board of directors is about average.
Board of Directors

Ines Scotland

TITLE
Non-Executive Chairman
AGE
52
TENURE
5.7 yrs

Tony Schreck

TITLE
MD & Executive Director
COMPENSATION
A$249K
TENURE
5.4 yrs

Guy Robertson

TITLE
Executive Director
COMPENSATION
A$50K
TENURE
6.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
12. Nov 18 Buy Guy Robertson Individual 09. Nov 18 09. Nov 18 680,000 A$0.01 A$8,840
X
Management checks
We assess Metal Bank's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Metal Bank has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Introducing Metal Bank, A Stock That Climbed 83% In The Last Three Years

It might be of some concern to shareholders to see the Metal Bank Limited (ASX:MBK) share price down 15% in the last month. … Of course, if you time it right, high risk investments like this can really pay off, as Metal Bank investors might know. … Given how low on cash the it got, investors must really like its potential for the share price to be up 22% per year, over 3 years

Simply Wall St -

What Kind Of Shareholder Appears On The Metal Bank Limited's (ASX:MBK) Shareholder Register?

Every investor in Metal Bank Limited (ASX:MBK) should be aware of the most powerful shareholder groups. … Taking a look at the our data on the ownership groups (below), it's seems that. … We can zoom in on the different ownership groups, to learn more about MBK

Simply Wall St -

Are Metal Bank Limited's (ASX:MBK) Interest Costs Too High?

Metal Bank Limited (ASX:MBK), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … Is financial flexibility worth the lower cost of capital. … There are well-known benefits of including debt in capital structure, primarily a lower cost of capital

Simply Wall St -

Metal Bank Limited (ASX:MBK): Time For A Financial Health Check

Metal Bank Limited (ASX:MBK), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … I will take you through a few basic checks to assess the financial health of companies with no debt. … Is financial flexibility worth the lower cost of capital

Simply Wall St -

What Did Metal Bank Limited's (ASX:MBK) CEO Take Home Last Year?

See our latest analysis for Metal Bank What has MBK's performance been like? … Typically I would look at market cap and earnings as a proxy for performance, however, MBK's negative earnings reduces the usefulness of my formula. … If you have not done so already, I urge you to complete your research by taking a look at the following: Governance: To find out more about MBK's governance, look through our infographic report of the company's board and management.

Simply Wall St -

Metal Bank Limited (ASX:MBK): Has Recent Earnings Growth Beaten Long-Term Trend?

In this article, I will take a look at Metal Bank Limited's (ASX:MBK) most recent earnings update (31 December 2017) and compare these latest figures against its performance over the past few years, along with how the rest of MBK's industry performed. … Check out our latest analysis for Metal Bank Were MBK's earnings stronger than its past performances and the industry? … For Metal Bank, its latest trailing-twelve-month earnings is -AU$759.34K, which, against the prior year's level, has become less negative.

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What Kind Of Risk And Return Should You Expect For Metal Bank Limited (ASX:MBK)?

The most widely used metric to quantify a stock's market risk is beta, and the market as a whole represents a beta of one. … With a beta of 1.58, Metal Bank is a stock that tends to experience more gains than the market during a growth phase and also a bigger reduction in value compared to the market during a broad downturn. … MBK, with its market capitalisation of AUD A$18.56M, is a small-cap stock, which generally have higher beta than similar companies of larger size.

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Company Info

Description

Metal Bank Limited engages in the exploration and development of mineral properties. It holds 100% interests in the Triumph gold project covering an area of 135 square kilometers situated in Northern New England Orogen, southeast Queensland; Eidsvold gold project that covers 250 square kilometers located within the northern New England Orogen of Eastern Australia; and 8 Mile project situated in south-east Queensland. The company is headquartered in Sydney, Australia.

Details
Name: Metal Bank Limited
MBK
Exchange: ASX
Founded:
A$7,062,914
882,864,297
Website: http://www.metalbank.com.au
Address: Metal Bank Limited
31 Market Street,
Suite 2508,
Sydney,
New South Wales, 2000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX MBK Ordinary Shares Australian Securities Exchange AU AUD 02. Mar 2011
BST 9MB Ordinary Shares Boerse-Stuttgart DE EUR 02. Mar 2011
CHIA MBK Ordinary Shares Chi-X Australia AU AUD 02. Mar 2011
Number of employees
Current staff
Staff numbers
0
Metal Bank employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/18 10:34
End of day share price update: 2019/04/17 00:00
Last earnings filing: 2019/03/12
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.