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RHI

Red Hill IronASX:RHI Stock Report

Market Cap

AU$334.5m

7D

4.8%

1Y

n/a

Updated

25 Oct, 2021

Data

Company Financials
RHI fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

RHI Overview

Red Hill Iron Limited engages in the exploration of iron ore, gold, and base metals in Western Australia.

Red Hill Iron Competitors

Grange Resources

ASX:GRR

AU$706.0m

Mount Gibson Iron

ASX:MGX

AU$544.8m

Price History & Performance

Summary of all time highs, changes and price drops for Red Hill Iron
Historical stock prices
Current Share PriceAU$5.24
52 Week HighAU$0.23
52 Week LowAU$5.38
Beta0.82
1 Month Change37.53%
3 Month Change376.36%
1 Year Changen/a
3 Year Change1,996.00%
5 Year Change1,178.05%
Change since IPO991.67%

Recent News & Updates

Jun 02
We're Hopeful That Red Hill Iron (ASX:RHI) Will Use Its Cash Wisely

We're Hopeful That Red Hill Iron (ASX:RHI) Will Use Its Cash Wisely

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...

Shareholder Returns

RHIAU Metals and MiningAU Market
7D4.8%-1.7%0.6%
1Yn/a10.8%21.3%

Return vs Industry: Insufficient data to determine how RHI performed against the Australian Metals and Mining industry.

Return vs Market: Insufficient data to determine how RHI performed against the Australian Market.

Price Volatility

Is RHI's price volatile compared to industry and market?
RHI volatility
RHI Beta0.82
Industry Beta0.97
Market Beta1

Stable Share Price: RHI is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 77% a week.

Volatility Over Time: RHI's weekly volatility has increased from 52% to 77% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2005n/an/ahttps://www.redhilliron.com.au

Red Hill Iron Limited engages in the exploration of iron ore, gold, and base metals in Western Australia. The company’s primary assets are the 40% owned Red Hill Iron Ore Joint Venture (RHIOJV) interest; wholly owned Pannawonica channel iron project; and its 100% non-ferrous metal exploration interests over the RHIOJV tenements. It also has quarrying opportunities in the Pannawonica region.

Red Hill Iron Fundamentals Summary

How do Red Hill Iron's earnings and revenue compare to its market cap?
RHI fundamental statistics
Market CapAU$334.46m
Earnings (TTM)-AU$1.65m
Revenue (TTM)AU$1.42k

262.0kx

P/S Ratio

-202.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RHI income statement (TTM)
RevenueAU$1.42k
Cost of RevenueAU$0
Gross ProfitAU$1.42k
ExpensesAU$1.66m
Earnings-AU$1.65m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.026
Gross Margin100.00%
Net Profit Margin-116,613.46%
Debt/Equity Ratio0.0%

How did RHI perform over the long term?

See historical performance and comparison

Valuation

Is Red Hill Iron undervalued compared to its fair value and its price relative to the market?

34.2x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: RHI is overvalued based on its PB Ratio (34.2x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

-0.5%

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 Red Hill Iron 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 Red Hill Iron performed over the past 5 years?

-9.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RHI is currently unprofitable.

Growing Profit Margin: RHI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: RHI is unprofitable, and losses have increased over the past 5 years at a rate of 9.1% per year.

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

Earnings vs Industry: RHI 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: RHI has a negative Return on Equity (-16.92%), as it is currently unprofitable.


Financial Health

How is Red Hill Iron's financial position?


Financial Position Analysis

Short Term Liabilities: RHI's short term assets (A$104.2K) do not cover its short term liabilities (A$333.6K).

Long Term Liabilities: RHI has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: RHI is debt free.

Reducing Debt: RHI has no debt compared to 5 years ago when its debt to equity ratio was 2%.


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: RHI has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: RHI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 0.9% each year


Dividend

What is Red Hill Iron current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

4.0yrs

Average board tenure


CEO

Red Hill Iron has no CEO, or we have no data on them.


Board Members

Experienced Board: RHI's board of directors are considered experienced (4 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: RHI 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 6.6%.


Top Shareholders

Company Information

Red Hill Iron Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Red Hill Iron Limited
  • Ticker: RHI
  • Exchange: ASX
  • Founded: 2005
  • Industry: Steel
  • Sector: Materials
  • Market Cap: AU$334.460m
  • Shares outstanding: 63.83m
  • Website: https://www.redhilliron.com.au

Location

  • Red Hill Iron Limited
  • 9 Havelock Street
  • Level 2
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 16:50
End of Day Share Price2021/10/25 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.