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NWF

Newfield ResourcesASX:NWF Stock Report

Market Cap

AU$244.1m

7D

2.4%

1Y

100.0%

Updated

19 Oct, 2021

Data

Company Financials
NWF fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

NWF Overview

Newfield Resources Limited engages in the mineral exploration activities in Australia, Liberia, and Sierra Leone.

Newfield Resources Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Newfield Resources
Historical stock prices
Current Share PriceAU$0.42
52 Week HighAU$0.18
52 Week LowAU$0.54
Beta0.081
1 Month Change10.53%
3 Month Change6.33%
1 Year Change100.00%
3 Year Change200.00%
5 Year Change50.00%
Change since IPO86.67%

Recent News & Updates

Mar 17
What Percentage Of Newfield Resources Limited (ASX:NWF) Shares Do Insiders Own?

What Percentage Of Newfield Resources Limited (ASX:NWF) Shares Do Insiders Own?

Every investor in Newfield Resources Limited ( ASX:NWF ) should be aware of the most powerful shareholder groups...

Shareholder Returns

NWFAU Metals and MiningAU Market
7D2.4%3.9%1.7%
1Y100.0%13.3%20.3%

Return vs Industry: NWF exceeded the Australian Metals and Mining industry which returned 13.3% over the past year.

Return vs Market: NWF exceeded the Australian Market which returned 20.3% over the past year.

Price Volatility

Is NWF's price volatile compared to industry and market?
NWF volatility
NWF Beta0.081
Industry Beta0.97
Market Beta1

Stable Share Price: NWF is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: NWF's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2011n/an/ahttps://www.newfieldresources.com.au

Newfield Resources Limited engages in the mineral exploration activities in Australia, Liberia, and Sierra Leone. It explores for diamond and gold deposits. The company’s flagship project is the Tongo diamond project, which covers an area of 134 square kilometers in eastern Sierra Leone.

Newfield Resources Fundamentals Summary

How do Newfield Resources's earnings and revenue compare to its market cap?
NWF fundamental statistics
Market CapAU$244.15m
Earnings (TTM)-AU$11.38m
Revenue (TTM)n/a

0x

P/S Ratio

-21.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NWF income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$11.38m
Earnings-AU$11.38m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.02
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio95.5%

How did NWF perform over the long term?

See historical performance and comparison

Valuation

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

6.95x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: NWF is overvalued based on its PB Ratio (6.9x) compared to the AU Metals and Mining industry average (2.5x).


Future Growth

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

-0.2%

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 Newfield Resources 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 Newfield Resources performed over the past 5 years?

-12.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NWF is currently unprofitable.

Growing Profit Margin: NWF is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: NWF is unprofitable, and losses have increased over the past 5 years at a rate of 12.3% per year.

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

Earnings vs Industry: NWF 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: NWF has a negative Return on Equity (-32.4%), as it is currently unprofitable.


Financial Health

How is Newfield Resources's financial position?


Financial Position Analysis

Short Term Liabilities: NWF's short term assets (A$3.0M) do not cover its short term liabilities (A$9.6M).

Long Term Liabilities: NWF's short term assets (A$3.0M) do not cover its long term liabilities (A$66.2M).


Debt to Equity History and Analysis

Debt Level: NWF's debt to equity ratio (95.5%) is considered high.

Reducing Debt: NWF's debt to equity ratio has increased from 0.1% to 95.5% 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: NWF has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: NWF has less than a year of cash runway if free cash flow continues to reduce at historical rates of 13.4% each year


Dividend

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


Dividend Yield vs Market

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

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

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

2.9yrs

Average management tenure


CEO

Newfield Resources has no CEO, or we have no data on them.


Leadership Team

Experienced Management: NWF's management team is considered experienced (2.9 years average tenure).


Board Members

Experienced Board: NWF's board of directors are not considered experienced ( 1.9 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Newfield Resources Limited
  • Ticker: NWF
  • Exchange: ASX
  • Founded: 2011
  • Industry: Precious Metals and Minerals
  • Sector: Materials
  • Market Cap: AU$244.146m
  • Shares outstanding: 581.30m
  • Website: https://www.newfieldresources.com.au

Location

  • Newfield Resources Limited
  • 15 McCabe Street
  • North Fremantle
  • Western Australia
  • 6159
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 07:03
End of Day Share Price2021/10/19 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.