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OKJ

OakajeeASX:OKJ Stock Report

Market Cap

AU$4.7m

7D

0%

1Y

n/a

Updated

16 Oct, 2021

Data

Company Financials
OKJ fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

OKJ Overview

Oakajee Corporation Limited engages in the exploration and development of mineral properties in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Oakajee
Historical stock prices
Current Share PriceAU$0.051
52 Week HighAU$0.041
52 Week LowAU$0.10
Beta0.94
1 Month Change-29.17%
3 Month Change-25.00%
1 Year Changen/a
3 Year Changen/a
5 Year Change-36.25%
Change since IPO-73.16%

Recent News & Updates

Shareholder Returns

OKJAU Metals and MiningAU Market
7D0%4.3%0.9%
1Yn/a12.2%20.2%

Return vs Industry: Insufficient data to determine how OKJ performed against the Australian Metals and Mining industry.

Return vs Market: Insufficient data to determine how OKJ performed against the Australian Market.

Price Volatility

Is OKJ's price volatile compared to industry and market?
OKJ volatility
OKJ Beta0.94
Industry Beta0.97
Market Beta1

Stable Share Price: Insufficient data to determine OKJ's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine OKJ's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006n/aMark Joneshttps://www.oakajeecorp.com.au

Oakajee Corporation Limited engages in the exploration and development of mineral properties in Australia. It holds interests in the Paynes Find gold project that covers an area of 112 km2 located in Western Australia; and the Birrindudu nickel project covering an area of 1,741 km2 located in the Northern Territory. The company was formerly known as Australian Stone Creations Limited and changed its name to Oakajee Corporation Limited in January 2008.

Oakajee Fundamentals Summary

How do Oakajee's earnings and revenue compare to its market cap?
OKJ fundamental statistics
Market CapAU$4.66m
Earnings (TTM)-AU$539.83k
Revenue (TTM)AU$3.98k

1.3kx

P/S Ratio

-8.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
OKJ income statement (TTM)
RevenueAU$3.98k
Cost of RevenueAU$0
Gross ProfitAU$3.98k
ExpensesAU$543.81k
Earnings-AU$539.83k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0059
Gross Margin100.00%
Net Profit Margin-13,563.59%
Debt/Equity Ratio0.0%

How did OKJ perform over the long term?

See historical performance and comparison

Valuation

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

1.35x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: OKJ is good value based on its PB Ratio (1.3x) compared to the AU Metals and Mining industry average (2.5x).


Future Growth

How is Oakajee 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 Oakajee 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 Oakajee performed over the past 5 years?

-19.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: OKJ is currently unprofitable.

Growing Profit Margin: OKJ is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: OKJ is unprofitable, and losses have increased over the past 5 years at a rate of 19.7% per year.

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

Earnings vs Industry: OKJ 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: OKJ has a negative Return on Equity (-15.61%), as it is currently unprofitable.


Financial Health

How is Oakajee's financial position?


Financial Position Analysis

Short Term Liabilities: OKJ's short term assets (A$1.7M) exceed its short term liabilities (A$128.4K).

Long Term Liabilities: OKJ has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: OKJ is debt free.

Reducing Debt: OKJ has not had any debt for 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: OKJ has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: OKJ has sufficient cash runway for 2.7 years if free cash flow continues to reduce at historical rates of 16.5% each year.


Dividend

What is Oakajee current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

4.2yrs

Average board tenure


CEO

Mark Jones (59 yo)

10.42yrs

Tenure

AU$109,500

Compensation

Mr. Mark Wesley Jones, BArts (Psy Stats), has been the Managing Director of Oakajee Corporation Limited since May 5, 2011 and serves as its Acting Chairman of the Board. Mr. Jones has experience in mining...


CEO Compensation Analysis

Compensation vs Market: Mark's total compensation ($USD81.27K) is below average for companies of similar size in the Australian market ($USD302.45K).

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


Board Members

Experienced Board: OKJ's board of directors are considered experienced (4.2 years average tenure).


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.


Ownership Breakdown

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


Top Shareholders

Company Information

Oakajee Corporation Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Oakajee Corporation Limited
  • Ticker: OKJ
  • Exchange: ASX
  • Founded: 2006
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$4.664m
  • Shares outstanding: 91.45m
  • Website: https://www.oakajeecorp.com.au

Number of Employees


Location

  • Oakajee Corporation Limited
  • 39 Clifton Street
  • Nedlands
  • Western Australia
  • 6009
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/16 07:04
End of Day Share Price2021/10/08 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.