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PRS

ProspechASX:PRS Stock Report

Market Cap

AU$6.8m

7D

10.0%

1Y

n/a

Updated

25 Oct, 2021

Data

Company Financials
PRS fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

PRS Overview

Prospech Limited explores for precious metals in Slovakia.

Price History & Performance

Summary of all time highs, changes and price drops for Prospech
Historical stock prices
Current Share PriceAU$0.077
52 Week HighAU$0.069
52 Week LowAU$0.25
Beta0
1 Month Change-3.75%
3 Month Change-35.83%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-65.00%

Recent News & Updates

Shareholder Returns

PRSAU Metals and MiningAU Market
7D10.0%-1.7%0.6%
1Yn/a10.8%21.3%

Return vs Industry: Insufficient data to determine how PRS performed against the Australian Metals and Mining industry.

Return vs Market: Insufficient data to determine how PRS performed against the Australian Market.

Price Volatility

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

Stable Share Price: PRS is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: PRS's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2014n/aJason Becktonhttps://www.prospech.com.au

Prospech Limited explores for precious metals in Slovakia. It explores for gold, silver, tungsten, copper, zinc, and lead deposits. The company holds a 100% interests in the Hodrusa-Hamre/Banska Stiavnica mining district that covers an area of approximately 101.92 square kilometers located to the east of Vienna; and the Nova Bana exploration license covering an area of 18.14 square kilometers located to the west of Hodrusa-Hamre.

Prospech Fundamentals Summary

How do Prospech's earnings and revenue compare to its market cap?
PRS fundamental statistics
Market CapAU$6.80m
Earnings (TTM)-AU$1.66m
Revenue (TTM)AU$8.99k

770.0x

P/S Ratio

-4.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PRS income statement (TTM)
RevenueAU$8.99k
Cost of RevenueAU$0
Gross ProfitAU$8.99k
ExpensesAU$1.67m
Earnings-AU$1.66m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.019
Gross Margin100.00%
Net Profit Margin-18,479.85%
Debt/Equity Ratio0.0%

How did PRS perform over the long term?

See historical performance and comparison

Valuation

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

0.69x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: PRS is good value based on its PB Ratio (0.7x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Prospech forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.5%

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 Prospech 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 Prospech performed over the past 5 years?

-13.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PRS is currently unprofitable.

Growing Profit Margin: PRS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PRS is unprofitable, and losses have increased over the past 5 years at a rate of 13.6% per year.

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

Earnings vs Industry: PRS 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: PRS has a negative Return on Equity (-16.75%), as it is currently unprofitable.


Financial Health

How is Prospech's financial position?


Financial Position Analysis

Short Term Liabilities: PRS's short term assets (A$3.7M) exceed its short term liabilities (A$121.0K).

Long Term Liabilities: PRS has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: PRS is debt free.

Reducing Debt: PRS has not had any debt for past 5 years.


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

Forecast Cash Runway: PRS has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 5.8% each year


Dividend

What is Prospech current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

7.1yrs

Average management tenure


CEO

Jason Beckton (50 yo)

7.08yrs

Tenure

AU$427,305

Compensation

Mr. Jason Michael Beckton, BSc (Hons), MEconGeol, MAusIMM, MSEG, MAICD, MAIG, is Independent Non-Executive Director at Lode Resources Ltd since September 29, 2020. He has been Managing Director and Executi...


CEO Compensation Analysis

Compensation vs Market: Jason's total compensation ($USD320.32K) is about average for companies of similar size in the Australian market ($USD302.38K).

Compensation vs Earnings: Jason's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: PRS's management team is seasoned and experienced (7.1 years average tenure).


Board Members

Experienced Board: PRS's board of directors are considered experienced (7.1 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: PRS only recently listed within the past 12 months.


Top Shareholders

Company Information

Prospech Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Prospech Limited
  • Ticker: PRS
  • Exchange: ASX
  • Founded: 2014
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$6.799m
  • Shares outstanding: 88.30m
  • Website: https://www.prospech.com.au

Location

  • Prospech Limited
  • 66 Hunter Street
  • Level 2
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 16:57
End of Day Share Price2021/10/25 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.