ASX:PTR

Stock Analysis Report

Executive Summary

Petratherm Limited, together with its subsidiaries, engages in the mineral exploration activities.

Risk Analysis

Shareholders have been substantially diluted in the past year

Makes less than USD$1m in revenue (A$17K)

Does not have a meaningful market cap (A$12M)

Currently unprofitable and not forecast to become profitable over the next 3 years

+ 1 more risk


Snowflake Analysis

Flawless balance sheet with weak fundamentals.

Share Price & News

How has Petratherm's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PTR's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

13.3%

PTR

-0.01%

AU Metals and Mining

0.8%

AU Market


1 Year Return

70.0%

PTR

6.6%

AU Metals and Mining

15.3%

AU Market

Return vs Industry: PTR exceeded the Australian Metals and Mining industry which returned 6.6% over the past year.

Return vs Market: PTR exceeded the Australian Market which returned 15.3% over the past year.


Shareholder returns

PTRIndustryMarket
7 Day13.3%-0.01%0.8%
30 Day47.8%-4.4%0.3%
90 Day88.9%4.9%5.3%
1 Year70.0%70.0%12.1%6.6%20.5%15.3%
3 Year6.3%6.3%50.2%31.6%37.4%18.8%
5 Year83.1%70.0%85.4%41.9%50.7%16.8%

Price Volatility Vs. Market

How volatile is Petratherm's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

3.09x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: PTR is overvalued based on its PB Ratio (3.1x) compared to the AU Metals and Mining industry average (1.4x).


Next Steps

Future Growth

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

-1.2%

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 Petratherm 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.


Next Steps

Past Performance

How has Petratherm performed over the past 5 years?

76.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PTR is currently unprofitable.

Growing Profit Margin: PTR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PTR is unprofitable, but has reduced losses over the past 5 years at a rate of 76.9% per year.

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

Earnings vs Industry: PTR is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (18.2%).


Return on Equity

High ROE: PTR has a negative Return on Equity (-18%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Petratherm's financial position?


Financial Position Analysis

Short Term Liabilities: PTR's short term assets (A$4.0M) exceed its short term liabilities (A$372.3K).

Long Term Liabilities: PTR has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: PTR is debt free.

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


Balance Sheet

Inventory Level: PTR has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if PTR's debt is covered by short term assets.


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: PTR has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: PTR has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 12% each year


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.3%markettop25%5.5%industryaverage4.4%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate PTR's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if PTR's dividends per share have been stable in the past.

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

16.3yrs

Average board tenure


CEO

Petratherm has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Donald Stephens
Company Secretary & Independent Non-Executive Director16.3yrsAU$36.00k1.36% A$158.6k
Derek Carter
Independent Non-Executive Chairman1.8yrsAU$50.00k0.77% A$89.2k
Simon O'Loughlin
Non-Executive Director16.3yrsAU$36.00k1.31% A$152.3k

16.3yrs

Average Tenure

63yo

Average Age

Experienced Board: PTR's board of directors are seasoned and experienced ( 16.3 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 substantially diluted in the past year, with total shares outstanding growing by 114.8%.


Top Shareholders

Company Information

Petratherm Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Petratherm Limited
  • Ticker: PTR
  • Exchange: ASX
  • Founded: 2003
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$11.628m
  • Shares outstanding: 171.00m
  • Website: https://www.petratherm.com.au

Location

  • Petratherm Limited
  • 169 Fullarton Road
  • Dulwich
  • South Australia
  • 5065
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PTRASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJul 2004
PTRCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJul 2004

Biography

Petratherm Limited, together with its subsidiaries, engages in the mineral exploration activities. It explores for gold, copper, and rare earth minerals. The company’s principal projects include the Mabel Creek Ridge project that covers approximately 2852 km2 in South Australia; the Yuengroon project totaling approximately 683 km2 in Victoria; and the Silver Spoon project in Victoria. Petratherm Limited was founded in 2003 and is based in Dulwich, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/19 10:30
End of Day Share Price2020/02/19 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.