| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
ORE Overview
Orocobre Limited engages in the exploration, development, and production of lithium and boron in Argentina.
Orocobre Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$8.88 |
| 52 Week High | AU$2.40 |
| 52 Week Low | AU$10.08 |
| Beta | 1.87 |
| 1 Month Change | -3.27% |
| 3 Month Change | 40.28% |
| 1 Year Change | 248.24% |
| 3 Year Change | 108.94% |
| 5 Year Change | 139.35% |
| Change since IPO | 3,452.00% |
Recent News & Updates
Shareholder Returns
| ORE | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | -5.3% | -7.9% | -2.2% |
| 1Y | 248.2% | 8.6% | 23.7% |
Return vs Industry: ORE exceeded the Australian Metals and Mining industry which returned 8.6% over the past year.
Return vs Market: ORE exceeded the Australian Market which returned 23.7% over the past year.
Price Volatility
| ORE volatility | |
|---|---|
| ORE Beta | 1.87 |
| Industry Beta | 0.93 |
| Market Beta | 1 |
Stable Share Price: ORE is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: ORE's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2005 | n/a | Martin de Solay | https://www.orocobre.com |
Orocobre Limited engages in the exploration, development, and production of lithium and boron in Argentina. The company’s flagship project is the Olaroz Lithium Facility located in Jujuy province in northern Argentina. Orocobre Limited was incorporated in 2005 and is based in Brisbane, Australia.
Orocobre Fundamentals Summary
| ORE fundamental statistics | |
|---|---|
| Market Cap | US$4.09b |
| Earnings (TTM) | -US$59.62m |
| Revenue (TTM) | US$84.76m |
48.3x
P/S Ratio-68.6x
P/E RatioIs ORE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ORE income statement (TTM) | |
|---|---|
| Revenue | US$84.76m |
| Cost of Revenue | US$37.50m |
| Gross Profit | US$47.26m |
| Expenses | US$106.89m |
| Earnings | -US$59.62m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.18 |
| Gross Margin | 55.76% |
| Net Profit Margin | -70.35% |
| Debt/Equity Ratio | 42.2% |
How did ORE perform over the long term?
See historical performance and comparisonValuation
Is Orocobre undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ORE (A$8.88) is trading below our estimate of fair value (A$18.83)
Significantly Below Fair Value: ORE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ORE is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: ORE 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 ORE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ORE is overvalued based on its PB Ratio (6.1x) compared to the AU Metals and Mining industry average (2.5x).
Future Growth
How is Orocobre forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
80.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ORE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: ORE is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: ORE's is expected to become profitable in the next 3 years.
Revenue vs Market: ORE's revenue (39.4% per year) is forecast to grow faster than the Australian market (5.6% per year).
High Growth Revenue: ORE's revenue (39.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ORE's Return on Equity is forecast to be low in 3 years time (14.6%).
Past Performance
How has Orocobre performed over the past 5 years?
-37.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ORE is currently unprofitable.
Growing Profit Margin: ORE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ORE is unprofitable, and losses have increased over the past 5 years at a rate of 37.4% per year.
Accelerating Growth: Unable to compare ORE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ORE is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (44.4%).
Return on Equity
High ROE: ORE has a negative Return on Equity (-12.34%), as it is currently unprofitable.
Financial Health
How is Orocobre's financial position?
Financial Position Analysis
Short Term Liabilities: ORE's short term assets ($331.3M) exceed its short term liabilities ($76.5M).
Long Term Liabilities: ORE's short term assets ($331.3M) do not cover its long term liabilities ($547.1M).
Debt to Equity History and Analysis
Debt Level: ORE's debt to equity ratio (42.2%) is considered high.
Reducing Debt: ORE's debt to equity ratio has increased from 1.6% to 42.2% 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: ORE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ORE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Dividend
What is Orocobre current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ORE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ORE'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 ORE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ORE'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 ORE'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?
2.4yrs
Average management tenure
CEO
Martin de Solay (50 yo)
2.83yrs
Tenure
US$1,190,148
Compensation
Mr. Martin Perez de Solay, (I.ENG), has been CEO and Managing Director of Orocobre Limited since November 23, 2018 and its Director since January 18, 2018. He is a qualified industrial engineer with a care...
CEO Compensation Analysis
Compensation vs Market: Martin's total compensation ($USD1.19M) is below average for companies of similar size in the Australian market ($USD1.83M).
Compensation vs Earnings: Martin's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: ORE's management team is considered experienced (2.4 years average tenure).
Board Members
Experienced Board: ORE's board of directors are not considered experienced ( 0.4 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: ORE insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 94.9%.
Top Shareholders
Company Information
Orocobre Limited's employee growth, exchange listings and data sources
Key Information
- Name: Orocobre Limited
- Ticker: ORE
- Exchange: ASX
- Founded: 2005
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$5.661b
- Shares outstanding: 637.53m
- Website: https://www.orocobre.com
Number of Employees
Location
- Orocobre Limited
- Riparian Plaza
- Level 35
- Brisbane
- Queensland
- 4000
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/22 15:20 |
| End of Day Share Price | 2021/09/22 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
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.