New Century Resources Limited operates as a base metal development and production company in Australia and the United States.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.15|
|52 Week High||AU$0.14|
|52 Week Low||AU$0.28|
|1 Month Change||0%|
|3 Month Change||-29.55%|
|1 Year Change||-3.13%|
|3 Year Change||-77.37%|
|5 Year Change||n/a|
|Change since IPO||-61.25%|
Recent News & Updates
|NCZ||AU Metals and Mining||AU Market|
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.
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
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
|NCZ fundamental statistics|
Is NCZ overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NCZ income statement (TTM)|
|Cost of Revenue||AU$78.86m|
Last Reported Earnings
Dec 31, 2020
Next Earnings Date
|Earnings per share (EPS)||-0.0066|
|Net Profit Margin||-6.35%|
How did NCZ perform over the long term?See historical performance and comparison
Is New Century Resources undervalued compared to its fair value and its price relative to the market?
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).
How is New Century Resources forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
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%).
How has New Century Resources performed over the past 5 years?
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.
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.
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.
What is New Century Resources's current dividend yield, its reliability and sustainability?
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Patrick Walta (39 yo)
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.
Experienced Management: NCZ's management team is considered experienced (4.3 years average tenure).
Experienced Board: NCZ's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 23.6%.
New Century Resources Limited's employee growth, exchange listings and data sources
- 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
- New Century Resources Limited
- 360 Collins Street
- Level 4
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/20 07:04|
|End of Day Share Price||2021/09/30 00:00|
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.