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MEP

Minotaur ExplorationASX:MEP Stock Report

Market Cap

AU$65.2m

7D

28.6%

1Y

92.9%

Updated

18 Oct, 2021

Data

Company Financials
MEP fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

MEP Overview

Minotaur Exploration Limited, together with its subsidiaries, explores for, evaluates, and develops mineral properties in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Minotaur Exploration
Historical stock prices
Current Share PriceAU$0.14
52 Week HighAU$0.065
52 Week LowAU$0.24
Beta2.38
1 Month Change22.73%
3 Month Change39.18%
1 Year Change92.86%
3 Year Change213.95%
5 Year Change12.50%
Change since IPO-63.51%

Recent News & Updates

Jan 11
What Does Minotaur Exploration's (ASX:MEP) CEO Pay Reveal?

What Does Minotaur Exploration's (ASX:MEP) CEO Pay Reveal?

Andrew Woskett has been the CEO of Minotaur Exploration Limited ( ASX:MEP ) since 2010, and this article will examine...

Shareholder Returns

MEPAU Metals and MiningAU Market
7D28.6%4.3%0.9%
1Y92.9%12.2%20.2%

Return vs Industry: MEP exceeded the Australian Metals and Mining industry which returned 12.2% over the past year.

Return vs Market: MEP exceeded the Australian Market which returned 20.2% over the past year.

Price Volatility

Is MEP's price volatile compared to industry and market?
MEP volatility
MEP Beta2.38
Industry Beta0.97
Market Beta1

Stable Share Price: MEP is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: MEP's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2004n/aAndrew Wosketthttps://www.minotaurexploration.com.au

Minotaur Exploration Limited, together with its subsidiaries, explores for, evaluates, and develops mineral properties in Australia. It explores for copper, gold, zinc, lead, and silver deposits. It holds interests in various mineral exploration tenements located in South Australia and Queensland.

Minotaur Exploration Fundamentals Summary

How do Minotaur Exploration's earnings and revenue compare to its market cap?
MEP fundamental statistics
Market CapAU$65.17m
Earnings (TTM)-AU$2.78m
Revenue (TTM)AU$84.18k

843.8x

P/S Ratio

-24.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MEP income statement (TTM)
RevenueAU$84.18k
Cost of RevenueAU$950.46k
Gross Profit-AU$866.29k
ExpensesAU$1.91m
Earnings-AU$2.78m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0055
Gross Margin-1,029.13%
Net Profit Margin-3,302.92%
Debt/Equity Ratio10.4%

How did MEP perform over the long term?

See historical performance and comparison

Valuation

Is Minotaur Exploration undervalued compared to its fair value and its price relative to the market?

5.53x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: MEP is overvalued based on its PB Ratio (5.5x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

-0.3%

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 Minotaur Exploration 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 Minotaur Exploration performed over the past 5 years?

18.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MEP is currently unprofitable.

Growing Profit Margin: MEP is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MEP is unprofitable, but has reduced losses over the past 5 years at a rate of 18% per year.

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

Earnings vs Industry: MEP 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: MEP has a negative Return on Equity (-22.72%), as it is currently unprofitable.


Financial Health

How is Minotaur Exploration's financial position?


Financial Position Analysis

Short Term Liabilities: MEP's short term assets (A$6.0M) exceed its short term liabilities (A$2.0M).

Long Term Liabilities: MEP's short term assets (A$6.0M) exceed its long term liabilities (A$1.7M).


Debt to Equity History and Analysis

Debt Level: MEP's debt to equity ratio (10.4%) is considered satisfactory.

Reducing Debt: MEP's debt to equity ratio has increased from 2.8% to 10.4% over the past 5 years.


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

Forecast Cash Runway: MEP has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 1.5% each year.


Dividend

What is Minotaur Exploration current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

11.6yrs

Average management tenure


CEO

Andrew Woskett (68 yo)

11.58yrs

Tenure

AU$340,579

Compensation

Mr. Andrew Woskett, B Eng, M Comm Law, FAusIMM has been the Managing Director and Director of Minotaur Exploration Limited since March 06, 2010. Mr. Weskit has been involved in a variety of Australian mini...


CEO Compensation Analysis

Compensation vs Market: Andrew's total compensation ($USD252.79K) is about average for companies of similar size in the Australian market ($USD302.72K).

Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: MEP's management team is seasoned and experienced (11.6 years average tenure).


Board Members

Experienced Board: MEP'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

Minotaur Exploration Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Minotaur Exploration Limited
  • Ticker: MEP
  • Exchange: ASX
  • Founded: 2004
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$65.174m
  • Shares outstanding: 501.34m
  • Website: https://www.minotaurexploration.com.au

Location

  • Minotaur Exploration Limited
  • 8 Beulah Road
  • Level 1
  • Norwood
  • South Australia
  • 5067
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 07:04
End of Day Share Price2021/10/18 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.