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
|Historical stock prices|
|Current Share Price||AU$1.31|
|52 Week High||AU$1.18|
|52 Week Low||AU$2.35|
|1 Month Change||-14.10%|
|3 Month Change||-25.99%|
|1 Year Change||-36.10%|
|3 Year Change||172.92%|
|5 Year Change||175.79%|
|Change since IPO||718.76%|
Recent News & Updates
|RMS||AU Metals and Mining||AU Market|
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.
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
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
|RMS fundamental statistics|
Is RMS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RMS income statement (TTM)|
|Cost of Revenue||AU$443.83m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.16|
|Net Profit Margin||19.99%|
How did RMS perform over the long term?See historical performance and comparison
1.9%Current Dividend Yield
Is Ramelius Resources undervalued compared to its fair value and its price relative to the market?
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).
How is Ramelius Resources forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
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%).
How has Ramelius Resources performed over the past 5 years?
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.
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$90.6M).
Debt to Equity History and Analysis
Debt Level: RMS is debt free.
Reducing Debt: RMS had no debt 5 years ago.
Debt Coverage: RMS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RMS has no debt, therefore coverage of interest payments is not a concern.
What is Ramelius Resources's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RMS's dividend (1.91%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.31%).
High Dividend: RMS's dividend (1.91%) is low compared to the top 25% of dividend payers in the Australian market (5.45%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, RMS has been paying a dividend for less than 10 years.
Growing Dividend: RMS's dividend payments have increased, but the company has only paid a dividend for 2 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (16%), RMS's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: RMS's dividends in 3 years are forecast to be well covered by earnings (28.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Mark William Zeptner, BEng (Hons) Mining, MAusIMM, MAICD, AGIA, Life member AIM, FAICD serves as Non-Executive Director at Spectrum Metals Limited since March 2020. He has been the Chief Executive Offi...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($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.
Experienced Management: RMS's management team is considered experienced (4.9 years average tenure).
Experienced Board: RMS's board of directors are considered experienced (3.2 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Ramelius Resources Limited's employee growth, exchange listings and data sources
- 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
- Ramelius Resources Limited
- 130 Royal Street
- Level 1
- East Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/25 08:06|
|End of Day Share Price||2021/09/24 00:00|
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.