Executive Summary
OZ Minerals Limited engages in the exploration, development, mining, and processing of mineral projects in Australia. More Details
Rewards
Risk Analysis
Snowflake Analysis
Solid track record with reasonable growth potential.
Similar Companies
Share Price & News
How has OZ Minerals's share price performed over time and what events caused price changes?
Latest Share Price and Events
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.
Market Performance
7 Day Return
-0.6%
OZL
-0.4%
AU Metals and Mining
1.3%
AU Market
1 Year Return
95.5%
OZL
25.8%
AU Metals and Mining
-0.6%
AU Market
Return vs Industry: OZL exceeded the Australian Metals and Mining industry which returned 25.8% over the past year.
Return vs Market: OZL exceeded the Australian Market which returned -0.6% over the past year.
Shareholder returns
| OZL | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.6% | -0.4% | 1.3% |
| 30 Day | 8.2% | 8.1% | 3.5% |
| 90 Day | 27.8% | 23.6% | 11.9% |
| 1 Year | 100.2%95.5% | 32.7%25.8% | 2.8%-0.6% |
| 3 Year | 134.3%118.4% | 71.8%48.0% | 27.0%11.4% |
| 5 Year | 511.0%435.8% | 278.6%208.0% | 68.7%34.7% |
Long-Term Price Volatility Vs. Market
How volatile is OZ Minerals's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall St
OZ Minerals (ASX:OZL) Has Rewarded Shareholders With An Exceptional 489% Total Return On Their Investment3 weeks ago | Simply Wall St
How Is OZ Minerals' (ASX:OZL) CEO Paid Relative To Peers?1 month ago | Simply Wall St
OZ Minerals Limited (ASX:OZL) Insiders Increased Their HoldingsValuation
Is OZ Minerals undervalued compared to its fair value and its price relative to the market?
32.75x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: OZL (A$20.2) is trading above our estimate of fair value (A$8.08)
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 (32.7x) compared to the AU Metals and Mining industry average (14.5x).
PE vs Market: OZL is poor value based on its PE Ratio (32.7x) compared to the Australian market (23.1x).
Price to Earnings Growth Ratio
PEG Ratio: OZL is poor value based on its PEG Ratio (1.4x)
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 (3x).
Next Steps
Future Growth
How is OZ Minerals forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
23.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: OZL's forecast earnings growth (23.1% per year) is above the savings rate (2%).
Earnings vs Market: OZL's earnings (23.1% per year) are forecast to grow faster than the Australian market (18.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: OZL's revenue (11% per year) is forecast to grow faster than the Australian market (5.4% per year).
High Growth Revenue: OZL's revenue (11% 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 (10.6%).
Next Steps
Past Performance
How has OZ Minerals performed over the past 5 years?
11.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OZL has high quality earnings.
Growing Profit Margin: OZL's current net profit margins (15.8%) are higher than last year (13.8%).
Past Earnings Growth Analysis
Earnings Trend: OZL's earnings have grown by 11.2% per year over the past 5 years.
Accelerating Growth: OZL's earnings growth over the past year (44.1%) exceeds its 5-year average (11.2% per year).
Earnings vs Industry: OZL earnings growth over the past year (44.1%) exceeded the Metals and Mining industry 38%.
Return on Equity
High ROE: OZL's Return on Equity (6.6%) is considered low.
Next Steps
Financial Health
How is OZ Minerals's financial position?
Financial Position Analysis
Short Term Liabilities: OZL's short term assets (A$546.5M) exceed its short term liabilities (A$385.6M).
Long Term Liabilities: OZL's short term assets (A$546.5M) do not cover its long term liabilities (A$624.1M).
Debt to Equity History and Analysis
Debt Level: OZL's debt to equity ratio (3.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if OZL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: OZL's debt is well covered by operating cash flow (560.1%).
Interest Coverage: OZL's interest payments on its debt are well covered by EBIT (19.4x coverage).
Balance Sheet
Next Steps
Dividend
What is OZ Minerals's current dividend yield, its reliability and sustainability?
1.14%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: OZL's dividend (1.14%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.06%).
High Dividend: OZL's dividend (1.14%) is low compared to the top 25% of dividend payers in the Australian market (4.99%).
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.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.0yrs
Average management tenure
CEO
Andrew Cole
6.08yrs
Tenure
AU$2,443,267
Compensation
Mr. Andrew Cole, BAppSc (Hons) in Geophysics serves as Director at Cassini Resources Limited since October 5, 2020. He has been Managing Director, Chief Executive Officer and Director of OZ Minerals Limite...
CEO Compensation Analysis
Compensation vs Market: Andrew's total compensation ($USD1.89M) is about average for companies of similar size in the Australian market ($USD2.58M).
Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 6.08yrs | AU$2.44m | 0.14% A$ 9.6m | |
| Chief Financial Officer | 3.08yrs | AU$1.27m | no data | |
| Chief Commercial Officer & COO | no data | AU$1.14m | 0.00030% A$ 20.1k | |
| Chief Technical Officer | 1.67yrs | no data | no data | |
| Head of Investor Relations & Chief Corporate Affairs Officer | no data | no data | no data | |
| Company Secretary & Senior Legal Counsel | 3.08yrs | no data | no data | |
| Head of Corporate Development | no data | AU$765.45k | no data | |
| General Manager of Marketing & Sales | no data | no data | no data | |
| Chief People Officer | 1.92yrs | no data | no data | |
| Chief Transformation Officer | 2yrs | no data | no data | |
| Chief Executive of Brazil | 2yrs | no data | no data | |
| Executive Officer of Exploration and Business Development | no data | no data | no data |
2.0yrs
Average Tenure
Experienced Management: OZL's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 6.08yrs | AU$2.44m | 0.14% A$ 9.6m | |
| Independent Non-Executive Director | 3.17yrs | AU$200.21k | 0.0060% A$ 404.2k | |
| Independent Non-Executive Director | 2.42yrs | AU$191.37k | 0.024% A$ 1.6m | |
| Independent Non-Executive Director | 1.17yrs | AU$29.44k | 0.0035% A$ 234.2k | |
| Independent Non-Executive Director | 3.83yrs | AU$191.37k | 0.0060% A$ 402.2k | |
| Independent Non-Executive Chairman | 3.67yrs | AU$360.17k | 0.016% A$ 1.1m |
3.4yrs
Average Tenure
58yo
Average Age
Experienced Board: OZL's board of directors are considered experienced (3.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: OZL insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.2%.
Top Shareholders
Company Information
OZ Minerals Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: OZ Minerals Limited
- Ticker: OZL
- Exchange: ASX
- Founded: 2008
- Industry: Copper
- Sector: Materials
- Market Cap: AU$6.692b
- Shares outstanding: 331.29m
- Website: https://www.ozminerals.com
Number of Employees
Location
- OZ Minerals Limited
- 2 Hamra Drive
- Adelaide Airport
- Adelaide
- South Australia
- 5950
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| OZL | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Jan 1992 |
| OXR | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
| OZML.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jan 1992 |
| OZL | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Jan 1992 |
Biography
OZ Minerals Limited engages in the exploration, development, mining, and processing of mineral projects in Australia. The company primarily explores for copper, gold, silver, nickel, iron oxide, zinc, and ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/23 07:05 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.