Executive Summary
Northern Star Resources Limited engages in the exploration, development, mining, processing, and sale of gold deposits in Australia.
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Fundamentals
Flawless balance sheet with high growth potential.
Similar Companies
Share Price & News
How has Northern Star Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NST's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-4.5%
NST
-2.4%
AU Metals and Mining
0.4%
AU Market
1 Year Return
11.2%
NST
15.5%
AU Metals and Mining
14.8%
AU Market
Return vs Industry: NST underperformed the Australian Metals and Mining industry which returned 15.5% over the past year.
Return vs Market: NST underperformed the Australian Market which returned 14.8% over the past year.
Shareholder returns
| NST | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.5% | -2.4% | 0.4% |
| 30 Day | -19.1% | -0.8% | 0.4% |
| 90 Day | -24.4% | -2.0% | 4.6% |
| 1 Year | 12.8%11.2% | 24.0%15.5% | 21.4%14.8% |
| 3 Year | 159.3%147.6% | 59.3%39.1% | 40.2%21.4% |
| 5 Year | 767.8%690.6% | 80.0%37.1% | 54.5%19.5% |
Price Volatility Vs. Market
How volatile is Northern Star Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Is Northern Star Resources Limited's (ASX:NST) CEO Paid Enough Relative To Peers?2 weeks ago | Simply Wall St
Insider Buying: The Northern Star Resources Limited (ASX:NST) Independent Non-Executive Director Just Bought AU$198k Worth Of Shares3 weeks ago | Simply Wall St
Only 4 Days Left To Cash In On Northern Star Resources Limited (ASX:NST) DividendValuation
Is Northern Star Resources undervalued compared to its fair value and its price relative to the market?
45.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NST (A$9.21) is trading below our estimate of fair value (A$16.96)
Significantly Below Fair Value: NST is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NST is poor value based on its PE Ratio (37.8x) compared to the Metals and Mining industry average (13.1x).
PE vs Market: NST is poor value based on its PE Ratio (37.8x) compared to the Australian market (18.6x).
Price to Earnings Growth Ratio
PEG Ratio: NST is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: NST is overvalued based on its PB Ratio (5.3x) compared to the AU Metals and Mining industry average (1.5x).
Next Steps
Future Growth
How is Northern Star Resources forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
25.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NST's forecast earnings growth (25.2% per year) is above the savings rate (2.3%).
Earnings vs Market: NST's earnings (25.2% per year) are forecast to grow faster than the Australian market (9.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: NST's revenue (11.1% per year) is forecast to grow faster than the Australian market (3.6% per year).
High Growth Revenue: NST's revenue (11.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NST's Return on Equity is forecast to be high in 3 years time (25.4%)
Next Steps
Past Performance
How has Northern Star Resources performed over the past 5 years?
21.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NST has a high level of non-cash earnings.
Growing Profit Margin: NST's current net profit margins (11%) are lower than last year (20.1%).
Past Earnings Growth Analysis
Earnings Trend: NST's earnings have grown significantly by 21.5% per year over the past 5 years.
Accelerating Growth: NST's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NST had negative earnings growth (-20.3%) over the past year, making it difficult to compare to the Metals and Mining industry average (7.8%).
Return on Equity
High ROE: NST's Return on Equity (13.9%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Northern Star Resources's financial position?
Financial Position Analysis
Short Term Liabilities: NST's short term assets (A$453.8M) exceeds its short term liabilities (A$218.5M)
Long Term Liabilities: NST's short term assets (453.8M) exceeds its long term liabilities (310.4M)
Debt to Equity History and Analysis
Debt Level: NST is debt free.
Reducing Debt: NST has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.
Debt Coverage: NST has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NST has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: NST has a high level of physical assets or inventory.
Debt Coverage by Assets: NST's debt is covered by short term assets (assets are 6.3870331390345E+16x debt).
Next Steps
Dividend
What is Northern Star Resources's current dividend yield, its reliability and sustainability?
1.63%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: NST's dividend (1.63%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.35%).
High Dividend: NST's dividend (1.63%) is low compared to the top 25% of dividend payers in the Australian market (5.62%).
Stability and Growth of Payments
Stable Dividend: NST has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NST's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (55.4%), NST's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NST's dividends in 3 years are forecast to be well covered by earnings (23.3% payout ratio).
Next Steps
Management
What is the CEO of Northern Star Resources's salary, the management and board of directors tenure and is there insider trading?
3.0yrs
Average management tenure
CEO
Stuart Tonkin (43yo)
3yrs
Tenure
AU$1,612,817
Compensation
Mr. Stuart Peter Tonkin, BEng(Hons) has been the Chief Executive Officer at Northern Star Resources Limited since November 29, 2016. Mr. Tonkin served as Chief Operating Officer at Northern Star Resources ...
CEO Compensation Analysis
Compensation vs Market: Stuart's total compensation ($USD1.10M) is below average for companies of similar size in the Australian market ($USD2.28M).
Compensation vs Earnings: Stuart's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Management Age and Tenure
3.0yrs
Average Tenure
43yo
Average Age
Experienced Management: NST's management team is considered experienced (3 years average tenure).
Board Age and Tenure
3.0yrs
Average Tenure
64yo
Average Age
Experienced Board: NST's board of directors are considered experienced (3 years average tenure).
Insider Trading
Insider Buying: NST insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Independent Non-Executive Director |
| Shares | 20,000 |
| Max Price | AU$9.90 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Non-Executive Director |
| Shares | 4,468 |
| Max Price | AU$11.20 |
| Entity | Company |
| Shares | 8,089,850 |
| Max Price | AU$13.41 |
| Entity | Company |
| Shares | 1,305,481 |
| Max Price | AU$13.58 |
| Entity | Company |
| Shares | 10,284,798 |
| Max Price | AU$13.87 |
| Entity | Company |
| Shares | 3,697,387 |
| Max Price | AU$13.87 |
| Entity | Company |
| Shares | 1,252,938 |
| Max Price | AU$9.83 |
| Entity | Company |
| Shares | 483,527 |
| Max Price | AU$10.50 |
| Entity | Company |
| Shares | 10,673,092 |
| Max Price | AU$9.90 |
| Entity | Company |
| Shares | 11,805,796 |
| Max Price | AU$9.90 |
| Entity | Company |
| Shares | 147,381 |
| Max Price | AU$9.05 |
| Entity | Company |
| Shares | 407,941 |
| Max Price | AU$9.69 |
| Entity | Individual |
| Role | Chairman of the Board Executive Chairman |
| Shares | 2,460,000 |
| Max Price | AU$9.01 |
| Entity | Company |
| Shares | 1,627,638 |
| Max Price | AU$8.79 |
| Entity | Company |
| Shares | 1,327,410 |
| Max Price | AU$8.98 |
| Entity | Company |
| Shares | 278,322 |
| Max Price | AU$9.65 |
| Entity | Company |
| Shares | 319,987 |
| Max Price | AU$9.91 |
| Entity | Company |
| Shares | 9,666,419 |
| Max Price | AU$9.21 |
| Entity | Company |
| Shares | 13,182,789 |
| Max Price | AU$8.99 |
| Entity | Company |
| Shares | 4,000 |
| Max Price | AU$8.65 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Non-Executive Director |
| Shares | 100,000 |
| Max Price | AU$9.61 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Non-Executive Director |
| Shares | 150,000 |
| Max Price | AU$9.54 |
| Entity | Company |
| Shares | 95,391 |
| Max Price | AU$9.39 |
| Entity | Company |
| Shares | 88,653 |
| Max Price | AU$9.40 |
| Entity | Company |
| Shares | 107,908 |
| Max Price | AU$9.35 |
| Entity | Company |
| Shares | 2,148,217 |
| Max Price | AU$9.69 |
| Entity | Individual |
| Role | Chairman of the Board Executive Chairman |
| Shares | 1,000,000 |
| Max Price | AU$9.08 |
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5%.
Management Team
Mike Mulroney
Chief Geological Officer
- Tenure: 4.4yrs
- Compensation: AU$889.25k
Bill Beament (44yo)
Executive Chairman
- Tenure: 3yrs
- Compensation: AU$3.18m
Phil Tornatora
General Manager of Exploration
- Tenure: 0yrs
Darren Stralow (39yo)
Chief Development Officer
- Tenure: 0yrs
Stuart Tonkin (43yo)
Chief Executive Officer
- Tenure: 3yrs
- Compensation: AU$1.61m
Ryan Gurner
Chief Financial Officer
- Tenure: 1.1yrs
- Compensation: AU$443.82k
Rebecca Ciotti
Executive Assistant to Executive Chairman & CEO
- Tenure: 0yrs
Hilary Macdonald
General Counsel & Company Secretary
- Tenure: 3.8yrs
- Compensation: AU$630.39k
Luke Creagh
Chief Operating Officer
- Tenure: 1yrs
- Compensation: AU$552.72k
Sarah Curnow
Legal Counsel & Assistant Company Secretary
- Tenure: 0yrs
Board Members
Chris George Rowe (75yo)
Independent Non-Executive Director
- Tenure: 16.8yrs
- Compensation: AU$158.29k
John Fitzgerald (57yo)
Lead Independent Director
- Tenure: 3yrs
- Compensation: AU$204.32k
Shirley In’t Veld (64yo)
Independent Non-Executive Director
- Tenure: 3.2yrs
- Compensation: AU$174.32k
Bill Beament (44yo)
Executive Chairman
- Tenure: 3yrs
- Compensation: AU$3.18m
Nick Cernotta
Independent Non-Executive Director
- Tenure: 0.3yrs
Peter O'Connor (78yo)
Independent Non-Executive Director
- Tenure: 7.5yrs
- Compensation: AU$149.32k
Mary Hackett
Independent Non-Executive Director
- Tenure: 0.3yrs
Company Information
Northern Star Resources Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Northern Star Resources Limited
- Ticker: NST
- Exchange: ASX
- Founded: 2000
- Industry: Gold
- Sector: Materials
- Market Cap: AU$5.977b
- Shares outstanding: 648.94m
- Website: https://www.nsrltd.com
Number of Employees
Location
- Northern Star Resources Limited
- 388 Hay Street
- Level 1
- Subiaco
- Western Australia
- 6008
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| NST | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Dec 2003 |
| NS7 | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Dec 2003 |
| NESR.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Dec 2003 |
| NST | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Dec 2003 |
Biography
Northern Star Resources Limited engages in the exploration, development, mining, processing, and sale of gold deposits in Australia. The company holds interests in the Pogo, Jundee, and Kalgoorlie operatio ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/11/14 10:33 |
| End of Day Share Price | 2019/11/14 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/06/30 |
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.