ASX:PUA

Stock Analysis Report

Executive Summary

Pure Alumina Limited engages in the exploration and evaluation of mineral properties in Australia.


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-10.0%

PUA

4.4%

AU Metals and Mining

5.0%

AU Market


1 Year Return

-74.3%

PUA

-19.1%

AU Metals and Mining

-19.2%

AU Market

Return vs Industry: PUA underperformed the Australian Metals and Mining industry which returned -19.1% over the past year.

Return vs Market: PUA underperformed the Australian Market which returned -19.2% over the past year.


Shareholder returns

PUAIndustryMarket
7 Day-10.0%4.4%5.0%
30 Day-43.8%-11.2%-20.3%
90 Day-43.8%-21.3%-25.8%
1 Year-74.3%-74.3%-14.5%-19.1%-15.6%-19.2%
3 Year-82.0%-82.0%28.2%10.4%-3.6%-16.8%
5 Year-94.0%-94.0%62.2%23.4%6.6%-17.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

0.27x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: PUA is good value based on its PB Ratio (0.3x) compared to the AU Metals and Mining industry average (1x).


Next Steps

Future Growth

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

0.9%

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 Pure Alumina 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 Pure Alumina performed over the past 5 years?

-24.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PUA is currently unprofitable.

Growing Profit Margin: PUA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PUA is unprofitable, and losses have increased over the past 5 years at a rate of -24.3% per year.

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

Earnings vs Industry: PUA is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-7%).


Return on Equity

High ROE: PUA has a negative Return on Equity (-59.8%), as it is currently unprofitable.


Next Steps

Financial Health

How is Pure Alumina's financial position?


Financial Position Analysis

Short Term Liabilities: PUA's short term assets (A$593.2K) exceed its short term liabilities (A$213.3K).

Long Term Liabilities: PUA's short term assets (A$593.2K) exceed its long term liabilities (A$295.4K).


Debt to Equity History and Analysis

Debt Level: PUA is debt free.

Reducing Debt: PUA has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.


Balance Sheet

Inventory Level: PUA has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if PUA'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: PUA has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: PUA has less than a year of cash runway if free cash flow continues to reduce at historical rates of -7% each year


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

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

1.5yrs

Average management tenure


CEO

David Leavy

no data

Tenure

AU$287,095

Compensation

Mr. David John Leavy, BEc, MApp, Fin. serves as Managing Director at Pure Alumina Limited and was its Finance Director since July 21, 2017 and served as its Commercial Director. Mr. Leavy has been a Direct ...


CEO Compensation Analysis

Compensation vs Market: David's total compensation ($USD172.52K) is about average for companies of similar size in the Australian market ($USD238.58K).

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


Leadership Team

NamePositionTenureCompensationOwnership
David Leavy
MD & Directorno dataAU$287.10k0.81% A$16.2k
Graham Reveleigh
Consultant1.5yrsAU$38.60k0.60% A$12.0k
Tony Panther
Chief Financial Officerno datano datano data
Stuart Munroe
Exploration Managerno datano datano data
Melanie Jaye Leydin
Company Secretary1.5yrsno datano data
Eileen Hao
GM & Chief Representative of China2.08yrsno datano data

1.5yrs

Average Tenure

Experienced Management: PUA's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
David Leavy
MD & Directorno dataAU$287.10k0.81% A$16.2k
Ernest Eadie
Non-Executive Chairman1.75yrsAU$65.70k0.31% A$6.2k
Robert Boston
Non Executive Director2.33yrsAU$67.80k0.38% A$7.5k

2.3yrs

Average Tenure

Experienced Board: PUA's board of directors are not considered experienced ( 2.3 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: PUA 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 32.4%.


Top Shareholders

Company Information

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


Key Information

  • Name: Pure Alumina Limited
  • Ticker: PUA
  • Exchange: ASX
  • Founded:
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$1.996m
  • Shares outstanding: 221.76m
  • Website: https://www.purealumina.com.au

Number of Employees


Location

  • Pure Alumina Limited
  • 96-100 Albert Road
  • Level 4
  • Melbourne
  • Victoria
  • 3205
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PUAASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJul 2003
H7KDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJul 2003
HEGL.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJul 2003
PUACHIA (Chi-X Australia)YesOrdinary SharesAUAUDJul 2003

Biography

Pure Alumina Limited engages in the exploration and evaluation of mineral properties in Australia. It holds a 100% interest in the High Purity Alumina (HPA) project, including 4 exploration licenses located at Pittong and Yendon near Ballarat, Victoria. The company was formerly known as Hill End Gold Limited and changed its name to Pure Alumina Limited in October 2018. Pure Alumina Limited is based in Melbourne, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/04 10:33
End of Day Share Price2020/04/03 00:00
Earnings2019/12/31
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.