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QPM

Queensland Pacific MetalsASX:QPM Stock Report

Market Cap

AU$359.2m

7D

8.2%

1Y

616.2%

Updated

20 Oct, 2021

Data

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

QPM Overview

Queensland Pacific Metals Limited focuses on the exploration and development of battery metals refinery in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Queensland Pacific Metals
Historical stock prices
Current Share PriceAU$0.27
52 Week HighAU$0.027
52 Week LowAU$0.28
Beta0.28
1 Month Change10.42%
3 Month Change82.76%
1 Year Change616.22%
3 Year Change1,792.86%
5 Year Changen/a
Change since IPO-84.18%

Recent News & Updates

Shareholder Returns

QPMAU Metals and MiningAU Market
7D8.2%3.6%1.7%
1Y616.2%11.3%20.2%

Return vs Industry: QPM exceeded the Australian Metals and Mining industry which returned 11.3% over the past year.

Return vs Market: QPM exceeded the Australian Market which returned 20.2% over the past year.

Price Volatility

Is QPM's price volatile compared to industry and market?
QPM volatility
QPM Beta0.28
Industry Beta0.97
Market Beta1

Stable Share Price: QPM is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: QPM's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2007n/aStephen Grocotthttps://www.qpmetals.com.au

Queensland Pacific Metals Limited focuses on the exploration and development of battery metals refinery in Australia. It operates in two segments, Exploration and TECH Project. The company explores for nickel, cobalt, alumina, and haematite.

Queensland Pacific Metals Fundamentals Summary


Earnings & Revenue

Key profitability statistics from the latest earnings report
QPM income statement (TTM)
RevenueAU$2.02m
Cost of RevenueAU$8.94m
Gross Profit-AU$6.92m
ExpensesAU$4.58m
Earnings-AU$11.50m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0085
Gross Margin-342.50%
Net Profit Margin-569.27%
Debt/Equity Ratio6.3%

How did QPM perform over the long term?

See historical performance and comparison

Valuation

Is Queensland Pacific Metals undervalued compared to its fair value and its price relative to the market?

22.65x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: QPM is overvalued based on its PB Ratio (22.6x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

0.7%

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 Queensland Pacific Metals 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 Queensland Pacific Metals performed over the past 5 years?

-53.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: QPM is currently unprofitable.

Growing Profit Margin: QPM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: QPM is unprofitable, and losses have increased over the past 5 years at a rate of 53.3% per year.

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

Earnings vs Industry: QPM 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: QPM has a negative Return on Equity (-72.45%), as it is currently unprofitable.


Financial Health

How is Queensland Pacific Metals's financial position?


Financial Position Analysis

Short Term Liabilities: QPM's short term assets (A$18.2M) exceed its short term liabilities (A$3.6M).

Long Term Liabilities: QPM's short term assets (A$18.2M) exceed its long term liabilities (A$320.5K).


Debt to Equity History and Analysis

Debt Level: QPM's debt to equity ratio (6.3%) is considered satisfactory.

Reducing Debt: QPM had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


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

Forecast Cash Runway: QPM has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 49.9% each year.


Dividend

What is Queensland Pacific Metals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

1.3yrs

Average management tenure


CEO

Stephen Grocott

1.25yrs

Tenure

AU$774,419

Compensation

Dr. Stephen Grocott has been Chief Executive Officer at Queensland Pacific Metals Limited (formerly known as Pure Minerals Limited) since July 21, 2020 and serves as its Managing Director since April 1, 20...


CEO Compensation Analysis

Compensation vs Market: Stephen's total compensation ($USD579.00K) is about average for companies of similar size in the Australian market ($USD547.68K).

Compensation vs Earnings: Insufficient data to compare Stephen's compensation with company performance.


Leadership Team

Experienced Management: QPM's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: QPM's board of directors are not considered experienced ( 0.4 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: 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 84.5%.


Top Shareholders

Company Information

Queensland Pacific Metals Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Queensland Pacific Metals Limited
  • Ticker: QPM
  • Exchange: ASX
  • Founded: 2007
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$359.237m
  • Shares outstanding: 1.36b
  • Website: https://www.qpmetals.com.au

Location

  • Queensland Pacific Metals Limited
  • 307 Queen Street
  • Level 17
  • Brisbane
  • Queensland
  • 4000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 07:04
End of Day Share Price2021/10/20 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.