company background image
NMT

NeometalsASX:NMT Stock Report

Market Cap

AU$474.3m

7D

-8.0%

1Y

343.6%

Updated

22 Oct, 2021

Data

Company Financials
NMT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends0/6

NMT Overview

Neometals Ltd explores and evaluates mineral projects in Australia.

Neometals Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Neometals
Historical stock prices
Current Share PriceAU$0.86
52 Week HighAU$0.19
52 Week LowAU$1.01
Beta1.11
1 Month Change-4.95%
3 Month Change58.72%
1 Year Change343.59%
3 Year Change284.44%
5 Year Change154.41%
Change since IPO332.50%

Recent News & Updates

Shareholder Returns

NMTAU Metals and MiningAU Market
7D-8.0%-0.3%0.7%
1Y343.6%12.5%21.4%

Return vs Industry: NMT exceeded the Australian Metals and Mining industry which returned 12.5% over the past year.

Return vs Market: NMT exceeded the Australian Market which returned 21.4% over the past year.

Price Volatility

Is NMT's price volatile compared to industry and market?
NMT volatility
NMT Beta1.11
Industry Beta0.97
Market Beta1

Stable Share Price: NMT is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: NMT's weekly volatility (12%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2001n/aChris Reedhttps://www.neometals.com.au

Neometals Ltd explores and evaluates mineral projects in Australia. The company operates through three segments: Lithium, Titanium/Vanadium, and Other. Its projects include the Lithium-ion Battery Recycling project, which recovers cobalt and other materials from spent and scrap lithium batteries; Vanadium Recovery project, which recovers vanadium pentoxide from processing by-products; Lithium Refinery project; and Barrambie Titanium and Vanadium project located in Western Australia.

Neometals Fundamentals Summary

How do Neometals's earnings and revenue compare to its market cap?
NMT fundamental statistics
Market CapAU$474.35m
Earnings (TTM)AU$16.43m
Revenue (TTM)n/a

28.9x

P/E Ratio

0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NMT income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
Expenses-AU$16.43m
EarningsAU$16.43m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.03
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did NMT perform over the long term?

See historical performance and comparison

Valuation

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

28.88x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: NMT is poor value based on its PE Ratio (28.9x) compared to the Australian Metals and Mining industry average (14.3x).

PE vs Market: NMT is poor value based on its PE Ratio (28.9x) compared to the Australian market (19.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate NMT's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: NMT is overvalued based on its PB Ratio (3.2x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

-0.07%

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 Neometals 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 Neometals performed over the past 5 years?

-65.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NMT has a high level of non-cash earnings.

Growing Profit Margin: NMT became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: NMT's earnings have declined by 65.5% per year over the past 5 years.

Accelerating Growth: NMT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: NMT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).


Return on Equity

High ROE: NMT's Return on Equity (11.2%) is considered low.


Financial Health

How is Neometals's financial position?


Financial Position Analysis

Short Term Liabilities: NMT's short term assets (A$107.9M) exceed its short term liabilities (A$7.3M).

Long Term Liabilities: NMT's short term assets (A$107.9M) exceed its long term liabilities (A$7.6M).


Debt to Equity History and Analysis

Debt Level: NMT is debt free.

Reducing Debt: NMT had no debt 5 years ago.

Debt Coverage: NMT has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: NMT has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if NMT's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: NMT is not paying a notable dividend for the Australian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of NMT'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?

5.8yrs

Average management tenure


CEO

Chris Reed (48 yo)

8yrs

Tenure

AU$929,985

Compensation

Mr. Christopher John Reed, also known as Chris, B.Com, GradCertMinEcon, ASA, MAusIMM, has been the Managing Director of Neometals Limited since October 01, 2013 and has been its Chief Executive Officer. Mr...


CEO Compensation Analysis

Compensation vs Market: Chris's total compensation ($USD696.46K) is about average for companies of similar size in the Australian market ($USD716.52K).

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


Leadership Team

Experienced Management: NMT's management team is seasoned and experienced (5.8 years average tenure).


Board Members

Experienced Board: NMT's board of directors are considered experienced (5.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: NMT insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Neometals Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: Neometals Ltd
  • Ticker: NMT
  • Exchange: ASX
  • Founded: 2001
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$474.346m
  • Shares outstanding: 548.38m
  • Website: https://www.neometals.com.au

Location

  • Neometals Ltd
  • 1292 Hay Street
  • Level 1
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 15:37
End of Day Share Price2021/10/22 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.