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PEC

Perpetual ResourcesASX:PEC Stock Report

Market Cap

AU$56.6m

7D

4.5%

1Y

139.6%

Updated

18 Oct, 2021

Data

Company Financials
PEC fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

PEC Overview

Perpetual Resources Limited engages in the exploration of silica sands to produce silica within the Oceania region.

Price History & Performance

Summary of all time highs, changes and price drops for Perpetual Resources
Historical stock prices
Current Share PriceAU$0.12
52 Week HighAU$0.042
52 Week LowAU$0.15
Beta1.49
1 Month Change-11.54%
3 Month Change-14.82%
1 Year Change139.58%
3 Year Change360.00%
5 Year Change238.24%
Change since IPO-46.51%

Recent News & Updates

Sep 13
We're Hopeful That Perpetual Resources (ASX:PEC) Will Use Its Cash Wisely

We're Hopeful That Perpetual Resources (ASX:PEC) Will Use Its Cash Wisely

Just because a business does not make any money, does not mean that the stock will go down. Indeed, Perpetual Resources...

May 15
We're Hopeful That Perpetual Resources (ASX:PEC) Will Use Its Cash Wisely

We're Hopeful That Perpetual Resources (ASX:PEC) Will Use Its Cash Wisely

There's no doubt that money can be made by owning shares of unprofitable businesses. By way of example, Perpetual...

Shareholder Returns

PECAU Metals and MiningAU Market
7D4.5%3.9%1.7%
1Y139.6%13.3%20.3%

Return vs Industry: PEC exceeded the Australian Metals and Mining industry which returned 12.2% over the past year.

Return vs Market: PEC exceeded the Australian Market which returned 20.2% over the past year.

Price Volatility

Is PEC's price volatile compared to industry and market?
PEC volatility
PEC Beta1.49
Industry Beta0.97
Market Beta1

Stable Share Price: PEC is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: PEC's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2011n/aRob Benussihttps://www.perpetualresourceslimited.com.au

Perpetual Resources Limited engages in the exploration of silica sands to produce silica within the Oceania region. Its flagship property is the Beharra Silica Sands project covering an area of 56.8 square kilometers located in Western Australia. The company was incorporated in 2011 and is headquartered in Darlinghurst, Australia.

Perpetual Resources Fundamentals Summary

How do Perpetual Resources's earnings and revenue compare to its market cap?
PEC fundamental statistics
Market CapAU$56.60m
Earnings (TTM)-AU$716.81k
Revenue (TTM)n/a

0x

P/S Ratio

-79.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PEC income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$716.81k
Earnings-AU$716.81k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0014
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did PEC perform over the long term?

See historical performance and comparison

Valuation

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

6.28x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: PEC is overvalued based on its PB Ratio (6.3x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Perpetual Resources 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 Perpetual Resources 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 Perpetual Resources performed over the past 5 years?

-0.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PEC is currently unprofitable.

Growing Profit Margin: PEC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PEC is unprofitable, and losses have increased over the past 5 years at a rate of 0.5% per year.

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

Earnings vs Industry: PEC 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: PEC has a negative Return on Equity (-7.95%), as it is currently unprofitable.


Financial Health

How is Perpetual Resources's financial position?


Financial Position Analysis

Short Term Liabilities: PEC's short term assets (A$3.5M) exceed its short term liabilities (A$306.4K).

Long Term Liabilities: PEC has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: PEC is debt free.

Reducing Debt: PEC has no debt compared to 5 years ago when its debt to equity ratio was 166.9%.


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: PEC has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: PEC has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 38.4% each year.


Dividend

What is Perpetual Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

3.3yrs

Average board tenure


CEO

Rob Benussi (60 yo)

2.67yrs

Tenure

AU$175,000

Compensation

Mr. Robert John Benussi, also known as Rob, MIPA, serves as Managing Director at Perpetual Resources Limited and Executive Director since February 25, 2019 and served as its Acting Managing Director since...


CEO Compensation Analysis

Compensation vs Market: Rob's total compensation ($USD129.89K) is below average for companies of similar size in the Australian market ($USD302.72K).

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


Board Members

Experienced Board: PEC's board of directors are considered experienced (3.3 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 23.5%.


Top Shareholders

Company Information

Perpetual Resources Limited's employee growth, exchange listings and data sources


Key Information


Location

  • Perpetual Resources Limited
  • 223 Liverpool Street
  • Darlinghurst
  • New South Wales
  • 2010
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 07:04
End of Day Share Price2021/10/15 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.