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RMS

Ramelius ResourcesASX:RMS Stock Report

Market Cap

AU$1.1b

7D

-7.1%

1Y

-36.1%

Updated

25 Sep, 2021

Data

Company Financials +
RMS fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends2/6

RMS Overview

Ramelius Resources Limited, together with its subsidiaries, engages in the exploration, mine development and operation, production, and sale of gold in Australia.

Ramelius Resources Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ramelius Resources
Historical stock prices
Current Share PriceAU$1.31
52 Week HighAU$1.18
52 Week LowAU$2.35
Beta0.15
1 Month Change-14.10%
3 Month Change-25.99%
1 Year Change-36.10%
3 Year Change172.92%
5 Year Change175.79%
Change since IPO718.76%

Recent News & Updates

Shareholder Returns

RMSAU Metals and MiningAU Market
7D-7.1%-2.8%-0.9%
1Y-36.1%10.0%24.4%

Return vs Industry: RMS underperformed the Australian Metals and Mining industry which returned 10% over the past year.

Return vs Market: RMS underperformed the Australian Market which returned 24.4% over the past year.

Price Volatility

Is RMS's price volatile compared to industry and market?
RMS volatility
RMS Beta0.15
Industry Beta0.93
Market Beta1

Stable Share Price: RMS is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: RMS's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1979225Mark Zeptnerhttps://www.rameliusresources.com.au

Ramelius Resources Limited, together with its subsidiaries, engages in the exploration, mine development and operation, production, and sale of gold in Australia. It operates the Mt Magnet, Vivien, Edna May, and Marda gold mines around Western Australia, as well as holds interests in the Tampia and Penny gold projects. The company was incorporated in 1979 and is based in East Perth, Australia.

Ramelius Resources Fundamentals Summary

How do Ramelius Resources's earnings and revenue compare to its market cap?
RMS fundamental statistics
Market CapAU$1.07b
Earnings (TTM)AU$126.78m
Revenue (TTM)AU$634.28m

8.4x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RMS income statement (TTM)
RevenueAU$634.28m
Cost of RevenueAU$443.83m
Gross ProfitAU$190.46m
ExpensesAU$63.68m
EarningsAU$126.78m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.16
Gross Margin30.03%
Net Profit Margin19.99%
Debt/Equity Ratio0%

How did RMS perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

16%

Payout Ratio

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: RMS (A$1.31) is trading below our estimate of fair value (A$3.55)

Significantly Below Fair Value: RMS is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: RMS is good value based on its PE Ratio (8.4x) compared to the Australian Metals and Mining industry average (11.7x).

PE vs Market: RMS is good value based on its PE Ratio (8.4x) compared to the Australian market (19x).


Price to Earnings Growth Ratio

PEG Ratio: RMS's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: RMS is good value based on its PB Ratio (1.7x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Ramelius Resources forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

-0.02%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RMS's earnings are forecast to decline over the next 3 years (-0.02% per year).

Earnings vs Market: RMS's earnings are forecast to decline over the next 3 years (-0.02% per year).

High Growth Earnings: RMS's earnings are forecast to decline over the next 3 years.

Revenue vs Market: RMS's revenue is expected to decline over the next 3 years (-1.5% per year).

High Growth Revenue: RMS's revenue is forecast to decline over the next 3 years (-1.5% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: RMS's Return on Equity is forecast to be low in 3 years time (14.7%).


Past Performance

How has Ramelius Resources performed over the past 5 years?

46.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RMS has high quality earnings.

Growing Profit Margin: RMS's current net profit margins (20%) are lower than last year (24.6%).


Past Earnings Growth Analysis

Earnings Trend: RMS's earnings have grown significantly by 46.1% per year over the past 5 years.

Accelerating Growth: RMS's earnings growth over the past year (11.8%) is below its 5-year average (46.1% per year).

Earnings vs Industry: RMS earnings growth over the past year (11.8%) underperformed the Metals and Mining industry 44.4%.


Return on Equity

High ROE: RMS's Return on Equity (19.9%) is considered low.


Financial Health

How is Ramelius Resources's financial position?


Financial Position Analysis

Short Term Liabilities: RMS's short term assets (A$332.7M) exceed its short term liabilities (A$119.9M).

Long Term Liabilities: RMS's short term assets (A$332.7M) exceed its long term liabilities (A$90.6M).


Debt to Equity History and Analysis

Debt Level: RMS is debt free.

Reducing Debt: RMS had no debt 5 years ago.

Debt Coverage: RMS has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: RMS has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Ramelius Resources's current dividend yield, its reliability and sustainability?

1.91%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: RMS's dividend (1.91%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.31%).

High Dividend: RMS's dividend (1.91%) is low compared to the top 25% of dividend payers in the Australian market (5.45%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, RMS has been paying a dividend for less than 10 years.

Growing Dividend: RMS's dividend payments have increased, but the company has only paid a dividend for 2 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (16%), RMS's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: RMS's dividends in 3 years are forecast to be well covered by earnings (28.8% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.9yrs

Average management tenure


CEO

Mark Zeptner

7.25yrs

Tenure

AU$1,345,654

Compensation

Mr. Mark William Zeptner, BEng (Hons) Mining, MAusIMM, MAICD, AGIA, Life member AIM, FAICD serves as Non-Executive Director at Spectrum Metals Limited since March 2020. He has been the Chief Executive Offi...


CEO Compensation Analysis

Compensation vs Market: Mark's total compensation ($USD975.18K) is about average for companies of similar size in the Australian market ($USD950.29K).

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


Leadership Team

Experienced Management: RMS's management team is considered experienced (4.9 years average tenure).


Board Members

Experienced Board: RMS's board of directors are considered experienced (3.2 years average tenure).


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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Ramelius Resources Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Ramelius Resources Limited
  • Ticker: RMS
  • Exchange: ASX
  • Founded: 1979
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$1.067b
  • Shares outstanding: 814.71m
  • Website: https://www.rameliusresources.com.au

Number of Employees


Location

  • Ramelius Resources Limited
  • 130 Royal Street
  • Level 1
  • East Perth
  • Western Australia
  • 6004
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/25 08:06
End of Day Share Price2021/09/24 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.