Executive Summary
Panoramic Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, development, and mining of mineral deposits. More Details
Rewards
Risk Analysis
Snowflake Analysis
High growth potential with adequate balance sheet.
Similar Companies
Share Price & News
How has Panoramic Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PAN is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: PAN's weekly volatility (10%) has been stable over the past year.
Market Performance
7 Day Return
0%
PAN
1.1%
AU Metals and Mining
0.4%
AU Market
1 Year Return
125.4%
PAN
40.1%
AU Metals and Mining
30.4%
AU Market
Return vs Industry: PAN exceeded the Australian Metals and Mining industry which returned 40.1% over the past year.
Return vs Market: PAN exceeded the Australian Market which returned 30.4% over the past year.
Shareholder returns
| PAN | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 1.1% | 0.4% |
| 30 Day | 6.7% | 1.8% | 4.5% |
| 90 Day | 18.5% | 7.6% | 7.4% |
| 1 Year | 125.4%125.4% | 47.4%40.1% | 34.7%30.4% |
| 3 Year | -65.2%-74.0% | 73.1%48.8% | 36.1%19.8% |
| 5 Year | 102.6%45.5% | 177.3%127.0% | 72.9%40.0% |
Long-Term Price Volatility Vs. Market
How volatile is Panoramic Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Panoramic Resources 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: PAN (A$0.16) is trading below our estimate of fair value (A$2.54)
Significantly Below Fair Value: PAN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PAN is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: PAN 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 PAN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PAN is good value based on its PB Ratio (2x) compared to the AU Metals and Mining industry average (2.7x).
Future Growth
How is Panoramic Resources forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
84.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PAN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: PAN is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: PAN's is expected to become profitable in the next 3 years.
Revenue vs Market: PAN's revenue (72.1% per year) is forecast to grow faster than the Australian market (5.3% per year).
High Growth Revenue: PAN's revenue (72.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PAN's Return on Equity is forecast to be low in 3 years time (16.1%).
Past Performance
How has Panoramic Resources performed over the past 5 years?
22.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PAN is currently unprofitable.
Growing Profit Margin: PAN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PAN is unprofitable, but has reduced losses over the past 5 years at a rate of 22.3% per year.
Accelerating Growth: Unable to compare PAN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PAN is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (25.6%).
Return on Equity
High ROE: PAN has a negative Return on Equity (-41.55%), as it is currently unprofitable.
Financial Health
How is Panoramic Resources's financial position?
Financial Position Analysis
Short Term Liabilities: PAN's short term assets (A$35.3M) exceed its short term liabilities (A$5.4M).
Long Term Liabilities: PAN's short term assets (A$35.3M) exceed its long term liabilities (A$29.5M).
Debt to Equity History and Analysis
Debt Level: PAN is debt free.
Reducing Debt: PAN had no debt 5 years ago.
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: PAN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if PAN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Dividend
What is Panoramic Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PAN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PAN'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 PAN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PAN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: PAN is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PAN'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?
1.4yrs
Average management tenure
CEO
Rickman Rajasooriar (46 yo)
1.58yrs
Tenure
AU$662,987
Compensation
Mr. Rickman Victor Rajasooriar serves as Managing Director, Chief Executive Officer and Director of Panoramic Resources Limited since November 11, 2019. Mr. Rajasooriar served as Chief Executive Officer an...
CEO Compensation Analysis
Compensation vs Market: Rickman's total compensation ($USD510.15K) is about average for companies of similar size in the Australian market ($USD470.63K).
Compensation vs Earnings: Insufficient data to compare Rickman's compensation with company performance.
Leadership Team
Experienced Management: PAN's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
Experienced Board: PAN's board of directors are not considered experienced ( 1.7 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 been diluted in the past year, with total shares outstanding growing by 36.3%.
Top Shareholders
Company Information
Panoramic Resources Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Panoramic Resources Limited
- Ticker: PAN
- Exchange: ASX
- Founded: 2001
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$328.146m
- Shares outstanding: 2.05b
- Website: https://www.panoramicresources.com
Number of Employees
Location
- Panoramic Resources Limited
- 553 Hay Street
- Level 9
- Perth
- Western Australia
- 6000
- Australia
Listings
Biography
Panoramic Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, development, and mining of mineral deposits. It holds 100% interests in the Savannah nickel project in W...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/06/14 08:07 |
| End of Day Share Price | 2021/06/11 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/06/30 |
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.