OZ Minerals Limited engages in the exploration, development, mining, and processing of mining projects in Australia.
OZ Minerals Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$23.30|
|52 Week High||AU$12.50|
|52 Week Low||AU$27.15|
|1 Month Change||8.27%|
|3 Month Change||3.51%|
|1 Year Change||60.47%|
|3 Year Change||150.54%|
|5 Year Change||267.51%|
|Change since IPO||2,410.35%|
Recent News & Updates
With EPS Growth And More, OZ Minerals (ASX:OZL) Is Interesting
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
|OZL||AU Metals and Mining||AU Market|
Return vs Industry: OZL exceeded the Australian Metals and Mining industry which returned 10% over the past year.
Return vs Market: OZL exceeded the Australian Market which returned 27% over the past year.
Stable Share Price: OZL is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: OZL's weekly volatility (5%) has been stable over the past year.
About the Company
OZ Minerals Limited engages in the exploration, development, mining, and processing of mining projects in Australia. The company primarily explores for copper, gold, silver, nickel, iron oxide, zinc, and lead deposits. It owns and operates the Prominent Hill mine located in northern South Australia; the Carrapateena project located in South Australia; and the Antas mine located in the state of Pará in the northern region of Brazil.
Is OZ Minerals undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: OZL (A$23.3) is trading above our estimate of fair value (A$6.06)
Significantly Below Fair Value: OZL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: OZL is poor value based on its PE Ratio (19.4x) compared to the Australian Metals and Mining industry average (12.1x).
PE vs Market: OZL is poor value based on its PE Ratio (19.4x) compared to the Australian market (18.7x).
Price to Earnings Growth Ratio
PEG Ratio: OZL's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: OZL is good value based on its PB Ratio (2.2x) compared to the AU Metals and Mining industry average (2.7x).
How is OZ Minerals forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: OZL's earnings are forecast to decline over the next 3 years (-0.07% per year).
Earnings vs Market: OZL's earnings are forecast to decline over the next 3 years (-0.07% per year).
High Growth Earnings: OZL's earnings are forecast to decline over the next 3 years.
Revenue vs Market: OZL's revenue (1.3% per year) is forecast to grow slower than the Australian market (5.3% per year).
High Growth Revenue: OZL's revenue (1.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: OZL's Return on Equity is forecast to be low in 3 years time (11.5%).
How has OZ Minerals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OZL has high quality earnings.
Growing Profit Margin: OZL's current net profit margins (22.9%) are higher than last year (15.8%).
Past Earnings Growth Analysis
Earnings Trend: OZL's earnings have grown by 13.9% per year over the past 5 years.
Accelerating Growth: OZL's earnings growth over the past year (100.9%) exceeds its 5-year average (13.9% per year).
Earnings vs Industry: OZL earnings growth over the past year (100.9%) exceeded the Metals and Mining industry 43.2%.
Return on Equity
High ROE: OZL's Return on Equity (11.5%) is considered low.
How is OZ Minerals's financial position?
Financial Position Analysis
Short Term Liabilities: OZL's short term assets (A$642.3M) exceed its short term liabilities (A$352.3M).
Long Term Liabilities: OZL's short term assets (A$642.3M) do not cover its long term liabilities (A$1.1B).
Debt to Equity History and Analysis
Debt Level: OZL is debt free.
Reducing Debt: OZL had no debt 5 years ago.
Debt Coverage: OZL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: OZL has no debt, therefore coverage of interest payments is not a concern.
What is OZ Minerals's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: OZL's dividend (1.07%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.3%).
High Dividend: OZL's dividend (1.07%) is low compared to the top 25% of dividend payers in the Australian market (5.41%).
Stability and Growth of Payments
Stable Dividend: OZL is not paying a notable dividend for the Australian market, therefore no need to check if payments are stable.
Growing Dividend: OZL is not paying a notable dividend for the Australian market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: OZL is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of OZL's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Andrew Cole, BAppSc (Hons) in Geophysics serves as Director at Cassini Resources Limited since October 5, 2020. Mr. Cole has been Managing Director, Chief Executive Officer and Director of OZ Minerals...
CEO Compensation Analysis
Compensation vs Market: Andrew's total compensation ($USD2.10M) is about average for companies of similar size in the Australian market ($USD2.29M).
Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.
Experienced Management: OZL's management team is considered experienced (2.7 years average tenure).
Experienced Board: OZL's board of directors are considered experienced (3.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: OZL insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.8%.
OZ Minerals Limited's employee growth, exchange listings and data sources
- Name: OZ Minerals Limited
- Ticker: OZL
- Exchange: ASX
- Founded: 1932
- Industry: Copper
- Sector: Materials
- Market Cap: AU$7.774b
- Shares outstanding: 333.65m
- Website: https://www.ozminerals.com
Number of Employees
- OZ Minerals Limited
- 2 Hamra Drive
- Adelaide Airport
- South Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/18 08:03|
|End of Day Share Price||2021/09/17 00:00|
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.