ASX:RBR

Stock Analysis Report

Executive Summary

RBR Group Limited engages in the exploration and development of mineral properties primarily in Western Australia.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-15.4%

RBR

-7.1%

AU Metals and Mining

-7.1%

AU Market


1 Year Return

-56.0%

RBR

0.1%

AU Metals and Mining

6.7%

AU Market

Return vs Industry: RBR underperformed the Australian Metals and Mining industry which returned 0.1% over the past year.

Return vs Market: RBR underperformed the Australian Market which returned 6.7% over the past year.


Shareholder returns

RBRIndustryMarket
7 Day-15.4%-7.1%-7.1%
30 Day10.0%-7.9%-5.3%
90 Day-15.4%-3.6%-3.2%
1 Year-56.0%-56.0%4.8%0.1%11.3%6.7%
3 Year83.3%83.3%45.9%28.0%28.2%11.2%
5 Year-29.3%-35.3%74.4%33.3%40.9%9.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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


In this section, we usually try to help investors determine whether RBR Group is trading at an attractive price based on the cash flow it is expected to produce in the future. But as RBR Group has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of RBR’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through RBR Group regulatory filings.
  • Explore potentially undervalued companies in the Materials industry.

Future Growth

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

-1.0%

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 RBR Group 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 RBR Group performed over the past 5 years?

-1.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RBR is currently unprofitable.

Growing Profit Margin: RBR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: RBR is unprofitable, and losses have increased over the past 5 years at a rate of -1.2% per year.

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

Earnings vs Industry: RBR is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (12.6%).


Return on Equity

High ROE: RBR's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is RBR Group's financial position?


Financial Position Analysis

Short Term Liabilities: RBR has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: RBR has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: RBR has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: RBR's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

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

Debt Coverage by Assets: RBR has negative shareholder equity (liabilities exceed assets) therefore debt is not 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: RBR has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: RBR has less than a year of cash runway if free cash flow continues to grow at historical rates of 1.6% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.5%markettop25%5.8%industryaverage4.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

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

3.1yrs

Average management tenure


CEO

Richard Edouard Carcenac 0

4.7yrs

Tenure

AU$278,218

Compensation

Mr. Richard Anthony Edouard Carcenac, B.Sc.Eng (Civil), MBA has been Chief Executive Officer and Executive Director of RBR Group Limited since June 16, 2015. Mr. Carcenac has over 20 years’ experience work ...


CEO Compensation Analysis

Compensation vs Market: Richard's total compensation ($USD183.04K) is about average for companies of similar size in the Australian market ($USD252.03K).

Compensation vs Earnings: Richard's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Ian MacPherson
Executive Chairman9.3yrsAU$80.08k7.32% A$634.9k
Richard Edouard Carcenac
CEO & Executive Director4.7yrsAU$278.22k4.02% A$348.9k
Patrick Soh
Chief Financial Officer3.1yrsAU$47.50kno data
Jessamyn Lyons
Company Secretary0.5yrsno datano data

3.1yrs

Average Tenure

Experienced Management: RBR's management team is considered experienced (3.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ian MacPherson
Executive Chairman9.3yrsAU$80.08k7.32% A$634.9k
Richard Edouard Carcenac
CEO & Executive Director4.7yrsAU$278.22k4.02% A$348.9k
Paul Graham-Clarke
Non-Executive Director4.2yrsAU$20.00k2.65% A$229.5k
Athol Emerton
Non-Executive Director0.5yrsno data12.29% A$1.1m

4.4yrs

Average Tenure

Experienced Board: RBR's board of directors are considered experienced (4.4 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: RBR 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 19%.


Top Shareholders

Company Information

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


Key Information

  • Name: RBR Group Limited
  • Ticker: RBR
  • Exchange: ASX
  • Founded: 2005
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$8.674m
  • Shares outstanding: 788.55m
  • Website: https://www.rbrgroup.com.au

Location

  • RBR Group Limited
  • 33 Colin Street
  • Level 2
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RBRASX (Australian Securities Exchange)YesOrdinary SharesAUAUDFeb 2007
RBRCHIA (Chi-X Australia)YesOrdinary SharesAUAUDFeb 2007

Biography

RBR Group Limited engages in the exploration and development of mineral properties primarily in Western Australia. The company's principal project is the Yindarlgooda project that covers a 28 kilometers strike length of gold prospective stratigraphy between the Mt Monger-Bulong and Gindalbie gold mining centres. RBR Group Limited, through its subsidiaries, offers labor, training, and professional services in Mozambique. It also provides business and medical services, as well as risk services, including medical and primary healthcare insurance, and funeral insurance. The company serves oil and gas, resources/mining, construction, and logistics industries. The company was formerly known as Rubicon Resources Limited and changed its name to RBR Group Limited in November 2015. RBR Group Limited was incorporated in 2005 and is based in West Perth, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/28 10:38
End of Day Share Price2020/02/27 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.