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NCZ

New Century ResourcesASX:NCZ Stock Report

Market Cap

AU$187.5m

7D

0%

1Y

-3.1%

Updated

20 Oct, 2021

Data

Company Financials +
NCZ fundamental analysis
Snowflake Score
Valuation3/6
Future Growth6/6
Past Performance0/6
Financial Health1/6
Dividends0/6

NCZ Overview

New Century Resources Limited operates as a base metal development and production company in Australia and the United States.

Price History & Performance

Summary of all time highs, changes and price drops for New Century Resources
Historical stock prices
Current Share PriceAU$0.15
52 Week HighAU$0.14
52 Week LowAU$0.28
Beta2.8
1 Month Change0%
3 Month Change-29.55%
1 Year Change-3.13%
3 Year Change-77.37%
5 Year Changen/a
Change since IPO-61.25%

Recent News & Updates

Shareholder Returns

NCZAU Metals and MiningAU Market
7D0%1.8%1.5%
1Y-3.1%11.3%21.1%

Return vs Industry: NCZ underperformed the Australian Metals and Mining industry which returned 11.3% over the past year.

Return vs Market: NCZ underperformed the Australian Market which returned 20.2% over the past year.

Price Volatility

Is NCZ's price volatile compared to industry and market?
NCZ volatility
NCZ Beta2.8
Industry Beta0.97
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
2010n/aPatrick Waltahttps://www.newcenturyresources.com

New Century Resources Limited operates as a base metal development and production company in Australia and the United States. The company explores for zinc, lead, and coking coal deposits. It holds interests in the Century mine located in Queensland, Australia; and the Kodiak project located in Alabama.

New Century Resources Fundamentals Summary

How do New Century Resources's earnings and revenue compare to its market cap?
NCZ fundamental statistics
Market CapAU$187.54m
Earnings (TTM)-AU$8.03m
Revenue (TTM)AU$126.51m

1.5x

P/S Ratio

-23.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NCZ income statement (TTM)
RevenueAU$126.51m
Cost of RevenueAU$78.86m
Gross ProfitAU$47.65m
ExpensesAU$55.68m
Earnings-AU$8.03m

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)-0.0066
Gross Margin37.66%
Net Profit Margin-6.35%
Debt/Equity Ratio80.7%

How did NCZ perform over the long term?

See historical performance and comparison

Valuation

Is New Century Resources undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: NCZ (A$0.16) is trading below our estimate of fair value (A$0.73)

Significantly Below Fair Value: NCZ is trading below fair value by more than 20%.


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: NCZ is good value based on its PB Ratio (2.3x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is New Century Resources forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

68.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NCZ is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: NCZ is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: NCZ's is expected to become profitable in the next 3 years.

Revenue vs Market: NCZ's revenue (39.5% per year) is forecast to grow faster than the Australian market (5.4% per year).

High Growth Revenue: NCZ's revenue (39.5% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: NCZ's Return on Equity is forecast to be very high in 3 years time (48.9%).


Past Performance

How has New Century Resources performed over the past 5 years?

-5.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NCZ is currently unprofitable.

Growing Profit Margin: NCZ is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: NCZ is unprofitable, and losses have increased over the past 5 years at a rate of 5.4% per year.

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

Earnings vs Industry: NCZ 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: NCZ has a negative Return on Equity (-10.04%), as it is currently unprofitable.


Financial Health

How is New Century Resources's financial position?


Financial Position Analysis

Short Term Liabilities: NCZ's short term assets (A$87.5M) do not cover its short term liabilities (A$131.3M).

Long Term Liabilities: NCZ's short term assets (A$87.5M) do not cover its long term liabilities (A$226.6M).


Debt to Equity History and Analysis

Debt Level: NCZ's debt to equity ratio (80.7%) is considered high.

Reducing Debt: NCZ's debt to equity ratio has reduced from 1383.9% to 80.7% 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: Insufficient data to determine if NCZ has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if NCZ has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is New Century Resources's current dividend yield, its reliability and sustainability?

25.81%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

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

4.3yrs

Average management tenure


CEO

Patrick Walta (39 yo)

4.25yrs

Tenure

AU$423,730

Compensation

Mr. Patrick Walta, MBA, MSci (Min. Eco.), BEng (Hons), BSci, GAICD, has been Managing Director of New Century Resources Limited (formerly known as Attila Resources Limited) since July 13, 2017. Mr. Walta h...


CEO Compensation Analysis

Compensation vs Market: Patrick's total compensation ($USD316.81K) is about average for companies of similar size in the Australian market ($USD302.06K).

Compensation vs Earnings: Patrick's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: NCZ's management team is considered experienced (4.3 years average tenure).


Board Members

Experienced Board: NCZ's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.


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 23.6%.


Top Shareholders

Company Information

New Century Resources Limited's employee growth, exchange listings and data sources


Key Information

  • Name: New Century Resources Limited
  • Ticker: NCZ
  • Exchange: ASX
  • Founded: 2010
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$187.539m
  • Shares outstanding: 1.21b
  • Website: https://www.newcenturyresources.com

Location

  • New Century Resources Limited
  • 360 Collins Street
  • Level 4
  • Melbourne
  • Victoria
  • 3000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 07:04
End of Day Share Price2021/09/30 00:00
Earnings2020/12/31
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.