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MBK

Metal BankASX:MBK Stock Report

Market Cap

AU$11.8m

7D

0%

1Y

-9.1%

Updated

14 Oct, 2021

Data

Company Financials
MBK fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

MBK Overview

Metal Bank Limited engages in the exploration and development of mineral properties.

Price History & Performance

Summary of all time highs, changes and price drops for Metal Bank
Historical stock prices
Current Share PriceAU$0.01
52 Week HighAU$0.007
52 Week LowAU$0.017
Beta0.25
1 Month Change0%
3 Month Change11.11%
1 Year Change-9.09%
3 Year Change-23.07%
5 Year Change-71.43%
Change since IPO-95.46%

Recent News & Updates

Shareholder Returns

MBKAU Metals and MiningAU Market
7D0%2.4%0.1%
1Y-9.1%10.1%19.3%

Return vs Industry: MBK underperformed the Australian Metals and Mining industry which returned 7.4% over the past year.

Return vs Market: MBK underperformed the Australian Market which returned 17.9% over the past year.

Price Volatility

Is MBK's price volatile compared to industry and market?
MBK volatility
MBK Beta0.25
Industry Beta0.97
Market Beta1

Stable Share Price: MBK is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 19% a week.

Volatility Over Time: MBK's weekly volatility (19%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2007n/an/ahttps://www.metalbank.com.au

Metal Bank Limited engages in the exploration and development of mineral properties. Its primary projects include the 8 Mile, Eidsvold, and Wild Irishman projects situated in the northern New England Fold Belt of central Queensland. The company has an option to hold 80% interest in the Millennium, a copper-cobalt-gold exploration and development project located in the Mount Isa region of northwest Queensland.

Metal Bank Fundamentals Summary

How do Metal Bank's earnings and revenue compare to its market cap?
MBK fundamental statistics
Market CapAU$11.85m
Earnings (TTM)-AU$364.44k
Revenue (TTM)AU$106.28k

125.0x

P/S Ratio

-33.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MBK income statement (TTM)
RevenueAU$106.28k
Cost of RevenueAU$0
Gross ProfitAU$106.28k
ExpensesAU$470.71k
Earnings-AU$364.44k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0003
Gross Margin100.00%
Net Profit Margin-342.91%
Debt/Equity Ratio0.0%

How did MBK perform over the long term?

See historical performance and comparison

Valuation

Is Metal Bank undervalued compared to its fair value and its price relative to the market?

1.1x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: MBK is good value based on its PB Ratio (1.1x) compared to the AU Metals and Mining industry average (2.5x).


Future Growth

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

0.01%

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 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 SimplyWall St do have past financial data.


Past Performance

How has Metal Bank performed over the past 5 years?

15.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MBK is currently unprofitable.

Growing Profit Margin: MBK is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MBK is unprofitable, but has reduced losses over the past 5 years at a rate of 15.3% per year.

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

Earnings vs Industry: MBK 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: MBK has a negative Return on Equity (-3.37%), as it is currently unprofitable.


Financial Health

How is Metal Bank's financial position?


Financial Position Analysis

Short Term Liabilities: MBK's short term assets (A$1.1M) exceed its short term liabilities (A$166.2K).

Long Term Liabilities: MBK has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: MBK is debt free.

Reducing Debt: MBK has no debt compared to 5 years ago when its debt to equity ratio was 22.6%.


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: MBK has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: MBK has less than a year of cash runway if free cash flow continues to grow at historical rates of 4.2% each year.


Dividend

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


Dividend Yield vs Market

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

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

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

1.0yrs

Average management tenure


CEO

Metal Bank has no CEO, or we have no data on them.


Leadership Team

Experienced Management: MBK's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

Experienced Board: MBK's board of directors are considered experienced (8.2 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Metal Bank Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Metal Bank Limited
  • Ticker: MBK
  • Exchange: ASX
  • Founded: 2007
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$11.845m
  • Shares outstanding: 1.18b
  • Website: https://www.metalbank.com.au

Location

  • Metal Bank Limited
  • 50 Clarence Street
  • Suite 506
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/14 15:48
End of Day Share Price2021/10/14 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.