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SBM

St BarbaraASX:SBM Stock Report

Market Cap

AU$1.1b

7D

3.3%

1Y

-47.1%

Updated

19 Oct, 2021

Data

Company Financials +
SBM fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance0/6
Financial Health4/6
Dividends2/6

SBM Overview

St Barbara Limited, together with its subsidiaries, engages in the exploration, development, mining, and sale of gold.

St Barbara Competitors

Price History & Performance

Summary of all time highs, changes and price drops for St Barbara
Historical stock prices
Current Share PriceAU$1.55
52 Week HighAU$1.26
52 Week LowAU$2.97
Beta0.52
1 Month Change14.44%
3 Month Change-17.60%
1 Year Change-47.09%
3 Year Change-63.30%
5 Year Change-43.41%
Change since IPO-46.35%

Recent News & Updates

Oct 17
Does St Barbara (ASX:SBM) Have A Healthy Balance Sheet?

Does St Barbara (ASX:SBM) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Shareholder Returns

SBMAU Metals and MiningAU Market
7D3.3%3.9%1.7%
1Y-47.1%13.3%20.3%

Return vs Industry: SBM underperformed the Australian Metals and Mining industry which returned 13.3% over the past year.

Return vs Market: SBM underperformed the Australian Market which returned 20.3% over the past year.

Price Volatility

Is SBM's price volatile compared to industry and market?
SBM volatility
SBM Beta0.52
Industry Beta0.97
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
19691,328Craig Jetsonhttps://stbarbara.com.au

St Barbara Limited, together with its subsidiaries, engages in the exploration, development, mining, and sale of gold. It operates three operational business units, including Leonora Operations, Simberi Operations, and Atlantic Operations. The company also explores for silver deposits.

St Barbara Fundamentals Summary

How do St Barbara's earnings and revenue compare to its market cap?
SBM fundamental statistics
Market CapAU$1.10b
Earnings (TTM)-AU$176.60m
Revenue (TTM)AU$740.25m

1.5x

P/S Ratio

-6.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SBM income statement (TTM)
RevenueAU$740.25m
Cost of RevenueAU$397.60m
Gross ProfitAU$342.65m
ExpensesAU$519.24m
Earnings-AU$176.60m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Oct 25, 2021

Earnings per share (EPS)-0.25
Gross Margin46.29%
Net Profit Margin-23.86%
Debt/Equity Ratio7.6%

How did SBM perform over the long term?

See historical performance and comparison

Dividends

2.6%

Current Dividend Yield

-24%

Payout Ratio

Valuation

Is St Barbara 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: SBM (A$1.55) is trading below our estimate of fair value (A$3.56)

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: SBM is good value based on its PB Ratio (1x) compared to the AU Metals and Mining industry average (2.5x).


Future Growth

How is St Barbara forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

78.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SBM is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: SBM is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: SBM's is expected to become profitable in the next 3 years.

Revenue vs Market: SBM's revenue (4.7% per year) is forecast to grow slower than the Australian market (5.4% per year).

High Growth Revenue: SBM's revenue (4.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SBM's Return on Equity is forecast to be low in 3 years time (8.3%).


Past Performance

How has St Barbara performed over the past 5 years?

-23.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SBM is currently unprofitable.

Growing Profit Margin: SBM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SBM is unprofitable, and losses have increased over the past 5 years at a rate of 23.6% per year.

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

Earnings vs Industry: SBM 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: SBM has a negative Return on Equity (-15.86%), as it is currently unprofitable.


Financial Health

How is St Barbara's financial position?


Financial Position Analysis

Short Term Liabilities: SBM's short term assets (A$263.3M) exceed its short term liabilities (A$208.5M).

Long Term Liabilities: SBM's short term assets (A$263.3M) do not cover its long term liabilities (A$313.6M).


Debt to Equity History and Analysis

Debt Level: SBM's debt to equity ratio (7.6%) is considered satisfactory.

Reducing Debt: SBM's debt to equity ratio has reduced from 73.9% to 7.6% over the past 5 years.

Debt Coverage: SBM's debt is well covered by operating cash flow (269.7%).

Interest Coverage: Insufficient data to determine if SBM's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is St Barbara current dividend yield, its reliability and sustainability?

2.59%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SBM's dividend (2.59%) is higher than the bottom 25% of dividend payers in the Australian market (2.27%).

High Dividend: SBM's dividend (2.59%) is low compared to the top 25% of dividend payers in the Australian market (5.28%).


Stability and Growth of Payments

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

Growing Dividend: SBM has only been paying a dividend for 4 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: SBM is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: SBM's dividends in 3 years are forecast to be well covered by earnings (29.3% payout ratio).


Next Steps

Management

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

1.3yrs

Average management tenure


CEO

Craig Jetson

1.67yrs

Tenure

AU$1,278,591

Compensation

Mr. Craig Anthony Jetson serves as Managing Director, Chief Executive Officer and Director of St Barbara Limited since February 03, 2020. Mr. Craig Jetson served as an Executive General Manager of Cadia, L...


CEO Compensation Analysis

Compensation vs Market: Craig's total compensation ($USD947.60K) is about average for companies of similar size in the Australian market ($USD995.07K).

Compensation vs Earnings: Craig's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: SBM's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: SBM's board of directors are considered experienced (4.6 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: SBM 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

St Barbara Limited's employee growth, exchange listings and data sources


Key Information

  • Name: St Barbara Limited
  • Ticker: SBM
  • Exchange: ASX
  • Founded: 1969
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$1.096b
  • Shares outstanding: 709.53m
  • Website: https://stbarbara.com.au

Number of Employees


Location

  • St Barbara Limited
  • 432 St Kilda Road
  • Level 10
  • Melbourne
  • Victoria
  • 3004
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 15:32
End of Day Share Price2021/10/19 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.