Pilbara Minerals Limited explores for, develops, and operates mineral resources in Australia.
Pilbara Minerals Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$2.14|
|52 Week High||AU$0.31|
|52 Week Low||AU$2.53|
|1 Month Change||3.38%|
|3 Month Change||48.61%|
|1 Year Change||568.75%|
|3 Year Change||137.78%|
|5 Year Change||341.24%|
|Change since IPO||13,275.00%|
Recent News & Updates
|PLS||AU Metals and Mining||AU Market|
Return vs Industry: PLS exceeded the Australian Metals and Mining industry which returned 10% over the past year.
Return vs Market: PLS exceeded the Australian Market which returned 24.4% over the past year.
Stable Share Price: PLS is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: PLS's weekly volatility (10%) has been stable over the past year.
About the Company
Pilbara Minerals Limited explores for, develops, and operates mineral resources in Australia. The company primarily holds a 100% interest in the Pilgangoora lithium-tantalum project located in the Pilbara region of Western Australia. The company was incorporated in 2005 and is headquartered in West Perth, Australia.
Pilbara Minerals Fundamentals Summary
|PLS fundamental statistics|
Is PLS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PLS income statement (TTM)|
|Cost of Revenue||AU$155.75m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.018|
|Net Profit Margin||-29.26%|
How did PLS perform over the long term?See historical performance and comparison
Is Pilbara Minerals undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: PLS (A$2.14) is trading above our estimate of fair value (A$0.88)
Significantly Below Fair Value: PLS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PLS is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: PLS 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 PLS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PLS is overvalued based on its PB Ratio (10.9x) compared to the AU Metals and Mining industry average (2.6x).
How is Pilbara Minerals forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PLS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: PLS is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: PLS's is expected to become profitable in the next 3 years.
Revenue vs Market: PLS's revenue (38.2% per year) is forecast to grow faster than the Australian market (5.3% per year).
High Growth Revenue: PLS's revenue (38.2% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PLS's Return on Equity is forecast to be high in 3 years time (27.7%)
How has Pilbara Minerals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PLS is currently unprofitable.
Growing Profit Margin: PLS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PLS is unprofitable, and losses have increased over the past 5 years at a rate of 14.2% per year.
Accelerating Growth: Unable to compare PLS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PLS 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: PLS has a negative Return on Equity (-8.96%), as it is currently unprofitable.
How is Pilbara Minerals's financial position?
Financial Position Analysis
Short Term Liabilities: PLS's short term assets (A$164.0M) do not cover its short term liabilities (A$170.0M).
Long Term Liabilities: PLS's short term assets (A$164.0M) do not cover its long term liabilities (A$205.5M).
Debt to Equity History and Analysis
Debt Level: PLS's debt to equity ratio (24.6%) is considered satisfactory.
Reducing Debt: PLS's debt to equity ratio has increased from 0% to 24.6% over the past 5 years.
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: PLS has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if PLS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Pilbara Minerals's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PLS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PLS'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 PLS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PLS'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 PLS'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. Kenneth Edward Brinsden, also known as Ken, B.Eng (Mining), WASM, MAusIMM, MAICD, has been the Chief Executive Officer at Pilbara Minerals Limited since January 18, 2016 and has been its Managing Direc...
CEO Compensation Analysis
Compensation vs Market: Ken's total compensation ($USD1.60M) is about average for companies of similar size in the Australian market ($USD1.73M).
Compensation vs Earnings: Ken's compensation has increased whilst the company is unprofitable.
Experienced Management: PLS's management team is seasoned and experienced (5.2 years average tenure).
Experienced Board: PLS's board of directors are considered experienced (5.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PLS insiders have only sold shares 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 31.8%.
Pilbara Minerals Limited's employee growth, exchange listings and data sources
- Name: Pilbara Minerals Limited
- Ticker: PLS
- Exchange: ASX
- Founded: 2005
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$6.282b
- Shares outstanding: 2.94b
- Website: https://www.pilbaraminerals.com.au
Number of Employees
- Pilbara Minerals Limited
- 88 Colin Street
- Level 2
- West Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/26 08:06|
|End of Day Share Price||2021/09/24 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.