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QEM

QEMASX:QEM Stock Report

Market Cap

AU$20.7m

7D

-15.1%

1Y

117.3%

Updated

29 Nov, 2021

Data

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

QEM Stock Overview

QEM Limited explores for and develops vanadium and oil shale project in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for QEM
Historical stock prices
Current Share PriceAU$0.18
52 Week HighAU$0.34
52 Week LowAU$0.07
Beta0.29
1 Month Change7.35%
3 Month Change17.74%
1 Year Change117.26%
3 Year Change30.36%
5 Year Changen/a
Change since IPO-1.35%

Recent News & Updates

Mar 16
How Much Are QEM Limited (ASX:QEM) Insiders Spending On Buying Shares?

How Much Are QEM Limited (ASX:QEM) Insiders Spending On Buying Shares?

It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also...

Shareholder Returns

QEMAU Metals and MiningAU Market
7D-15.1%2.0%-1.6%
1Y117.3%8.9%11.8%

Return vs Industry: QEM exceeded the Australian Metals and Mining industry which returned 8.9% over the past year.

Return vs Market: QEM exceeded the Australian Market which returned 11.8% over the past year.

Price Volatility

Is QEM's price volatile compared to industry and market?
QEM volatility
QEM Average Weekly Movement12.0%
Metals and Mining Industry Average Movement10.4%
Market Average Movement8.3%
10% most volatile stocks in AU Market15.8%
10% least volatile stocks in AU Market3.7%

Stable Share Price: QEM is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: QEM's weekly volatility has decreased from 23% to 12% over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2014n/aGavin Loydenhttps://www.qldem.com.au

QEM Limited explores for and develops vanadium and oil shale project in Australia. Its flagship project is the Julia Creek oil shale and vanadium project covering an area of 249.6 square kilometers located in the Julia Creek area of North Western Queensland, Australia. The company was formerly known as Queensland Energy & Minerals Pty Ltd and changed its name to QEM Limited in August 2018.

QEM Fundamentals Summary

How do QEM's earnings and revenue compare to its market cap?
QEM fundamental statistics
Market CapAU$20.70m
Earnings (TTM)-AU$1.39m
Revenue (TTM)AU$339.33k

61.0x

P/S Ratio

-14.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
QEM income statement (TTM)
RevenueAU$339.33k
Cost of RevenueAU$0
Gross ProfitAU$339.33k
ExpensesAU$1.73m
Earnings-AU$1.39m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.012
Gross Margin100.00%
Net Profit Margin-409.76%
Debt/Equity Ratio0%

How did QEM perform over the long term?

See historical performance and comparison

Valuation

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

18.21x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: QEM is overvalued based on its PB Ratio (18.2x) compared to the AU Metals and Mining industry average (2.5x).


Future Growth

How is QEM 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 QEM 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 QEM performed over the past 5 years?

-16.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: QEM is currently unprofitable.

Growing Profit Margin: QEM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: QEM is unprofitable, and losses have increased over the past 5 years at a rate of 16.6% per year.

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

Earnings vs Industry: QEM 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: QEM has a negative Return on Equity (-122.33%), as it is currently unprofitable.


Financial Health

How is QEM's financial position?


Financial Position Analysis

Short Term Liabilities: QEM's short term assets (A$1.4M) exceed its short term liabilities (A$280.3K).

Long Term Liabilities: QEM has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: QEM is debt free.

Reducing Debt: QEM has no debt compared to 5 years ago when its debt to equity ratio was 0.1%.


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

Forecast Cash Runway: QEM has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 28.1% each year.


Dividend

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


Dividend Yield vs Market

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

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

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

3.7yrs

Average board tenure


CEO

Gavin Loyden

1.75yrs

Tenure

AU$219,000

Compensation

Mr. Gavin Loyden serves as Managing Director at QEM Limited since February 27, 2020 and also serves as its Director. He served as Executive Director of QEM Limited until July 16, 2018. Mr Loyden founded QE...


CEO Compensation Analysis

Compensation vs Market: Gavin's total compensation ($USD155.88K) is below average for companies of similar size in the Australian market ($USD290.58K).

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


Board Members

Experienced Board: QEM's board of directors are considered experienced (3.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: QEM 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 13.4%.


Top Shareholders

Company Information

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


Key Information

  • Name: QEM Limited
  • Ticker: QEM
  • Exchange: ASX
  • Founded: 2014
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$20.700m
  • Shares outstanding: 113.42m
  • Website: https://www.qldem.com.au

Location

  • QEM Limited
  • 50 Appel Street
  • Suite 6A
  • Surfers Paradise
  • Queensland
  • 4217
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/29 16:01
End of Day Share Price2021/11/29 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.