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RRL

Regis ResourcesASX:RRL Stock Report

Market Cap

AU$1.7b

7D

-3.5%

1Y

-52.3%

Updated

24 Oct, 2021

Data

Company Financials +
RRL fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance2/6
Financial Health4/6
Dividends3/6

RRL Overview

Regis Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of gold projects in Australia.

Regis Resources Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Regis Resources
Historical stock prices
Current Share PriceAU$2.22
52 Week HighAU$1.86
52 Week LowAU$4.65
Beta0.34
1 Month Change12.12%
3 Month Change-11.20%
1 Year Change-52.26%
3 Year Change-49.43%
5 Year Change-32.11%
Change since IPO-44.50%

Recent News & Updates

Sep 28
Regis Resources (ASX:RRL) Is Reinvesting At Lower Rates Of Return

Regis Resources (ASX:RRL) Is Reinvesting At Lower Rates Of Return

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...

Sep 02
Regis Resources' (ASX:RRL) Dividend Will Be Reduced To AU$0.03

Regis Resources' (ASX:RRL) Dividend Will Be Reduced To AU$0.03

Regis Resources Limited ( ASX:RRL ) is reducing its dividend to AU$0.03 on the 28th of September. This means that the...

Jun 01
Regis Resources (ASX:RRL) Is Reinvesting To Multiply In Value

Regis Resources (ASX:RRL) Is Reinvesting To Multiply In Value

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

Shareholder Returns

RRLAU Metals and MiningAU Market
7D-3.5%-1.7%0.6%
1Y-52.3%10.8%21.3%

Return vs Industry: RRL underperformed the Australian Metals and Mining industry which returned 10.8% over the past year.

Return vs Market: RRL underperformed the Australian Market which returned 21.3% over the past year.

Price Volatility

Is RRL's price volatile compared to industry and market?
RRL volatility
RRL Beta0.34
Industry Beta0.97
Market Beta1

Stable Share Price: RRL is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: RRL's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1986n/aJim Beyerhttps://www.regisresources.com.au

Regis Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of gold projects in Australia. It owns 100% interests in the Duketon gold project located in the North Eastern Goldfields of Western Australia; and the McPhillamys project situated in the Central Western region of New South Wales. Regis Resources Limited was incorporated in 1986 and is based in Subiaco, Australia.

Regis Resources Fundamentals Summary

How do Regis Resources's earnings and revenue compare to its market cap?
RRL fundamental statistics
Market CapAU$1.68b
Earnings (TTM)AU$146.20m
Revenue (TTM)AU$819.16m

11.5x

P/E Ratio

2.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RRL income statement (TTM)
RevenueAU$819.16m
Cost of RevenueAU$582.66m
Gross ProfitAU$236.50m
ExpensesAU$90.31m
EarningsAU$146.20m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Oct 26, 2021

Earnings per share (EPS)0.19
Gross Margin28.87%
Net Profit Margin17.85%
Debt/Equity Ratio18.5%

How did RRL perform over the long term?

See historical performance and comparison

Dividends

2.7%

Current Dividend Yield

27%

Payout Ratio

Valuation

Is Regis 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: RRL (A$2.22) is trading below our estimate of fair value (A$5.18)

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


Price To Earnings Ratio

PE vs Industry: RRL is good value based on its PE Ratio (11.5x) compared to the Australian Metals and Mining industry average (14.6x).

PE vs Market: RRL is good value based on its PE Ratio (11.5x) compared to the Australian market (19.9x).


Price to Earnings Growth Ratio

PEG Ratio: RRL is poor value based on its PEG Ratio (1.8x)


Price to Book Ratio

PB vs Industry: RRL is good value based on its PB Ratio (1.1x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Regis Resources forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

6.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RRL's forecast earnings growth (6.4% per year) is above the savings rate (1.9%).

Earnings vs Market: RRL's earnings (6.4% per year) are forecast to grow slower than the Australian market (11.5% per year).

High Growth Earnings: RRL's earnings are forecast to grow, but not significantly.

Revenue vs Market: RRL's revenue (11.3% per year) is forecast to grow faster than the Australian market (5.5% per year).

High Growth Revenue: RRL's revenue (11.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: RRL's Return on Equity is forecast to be low in 3 years time (11.3%).


Past Performance

How has Regis Resources performed over the past 5 years?

7.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RRL has high quality earnings.

Growing Profit Margin: RRL's current net profit margins (17.8%) are lower than last year (26.4%).


Past Earnings Growth Analysis

Earnings Trend: RRL's earnings have grown by 7.5% per year over the past 5 years.

Accelerating Growth: RRL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: RRL had negative earnings growth (-26.7%) over the past year, making it difficult to compare to the Metals and Mining industry average (35.3%).


Return on Equity

High ROE: RRL's Return on Equity (9.2%) is considered low.


Financial Health

How is Regis Resources's financial position?


Financial Position Analysis

Short Term Liabilities: RRL's short term assets (A$423.5M) exceed its short term liabilities (A$182.1M).

Long Term Liabilities: RRL's short term assets (A$423.5M) do not cover its long term liabilities (A$546.7M).


Debt to Equity History and Analysis

Debt Level: RRL's debt to equity ratio (18.5%) is considered satisfactory.

Reducing Debt: RRL's debt to equity ratio has increased from 0% to 18.5% over the past 5 years.

Debt Coverage: RRL's debt is well covered by operating cash flow (94%).

Interest Coverage: RRL's interest payments on its debt are well covered by EBIT (115.5x coverage).


Balance Sheet


Dividend

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

2.70%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: RRL's dividend (2.7%) is higher than the bottom 25% of dividend payers in the Australian market (2.23%).

High Dividend: RRL's dividend (2.7%) is low compared to the top 25% of dividend payers in the Australian market (5.3%).


Stability and Growth of Payments

Stable Dividend: RRL has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: RRL has only been paying a dividend for 8 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (26.5%), RRL's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: RRL's dividends in 3 years are forecast to be well covered by earnings (30.5% payout ratio).


Next Steps

Management

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

1.8yrs

Average management tenure


CEO

Jim Beyer

3yrs

Tenure

AU$1,452,807

Compensation

Mr. Jim Beyer, B.Eng (Mining), Mausimm, MGeoSc, AMEC has been Chief Executive Officer and Managing Director at Regis Resources Limited since October 15, 2018 and serves as its Director. He was the Chief Ex...


CEO Compensation Analysis

Compensation vs Market: Jim's total compensation ($USD1.09M) is about average for companies of similar size in the Australian market ($USD1.40M).

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


Leadership Team

Experienced Management: RRL's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: RRL's board of directors are not considered experienced ( 2.4 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 diluted in the past year, with total shares outstanding growing by 47.6%.


Top Shareholders

Company Information

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


Key Information

  • Name: Regis Resources Limited
  • Ticker: RRL
  • Exchange: ASX
  • Founded: 1986
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$1.676b
  • Shares outstanding: 754.78m
  • Website: https://www.regisresources.com.au

Location

  • Regis Resources Limited
  • 516 Hay Street
  • Level 2
  • Subiaco
  • Western Australia
  • 6008
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/24 07:05
End of Day Share Price2021/10/22 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.