ASX:SBR

Stock Analysis Report

Executive Summary

Sabre Resources Limited explores for and develops mineral properties in Australia and Namibia.

Risk Analysis

Earnings have declined by -69.62% per year over past 5 years

Does not have a meaningful market cap (A$2M)

Currently unprofitable and not forecast to become profitable over the next 3 years

Has less than 1 year of cash runway

+ 2 more risks


Snowflake Analysis

Imperfect balance sheet and overvalued.

Share Price & News

How has Sabre Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SBR's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

SBR

-0.01%

AU Metals and Mining

0.8%

AU Market


1 Year Return

-50.0%

SBR

6.6%

AU Metals and Mining

15.3%

AU Market

Return vs Industry: SBR underperformed the Australian Metals and Mining industry which returned 6.6% over the past year.

Return vs Market: SBR underperformed the Australian Market which returned 15.3% over the past year.


Shareholder returns

SBRIndustryMarket
7 Day0%-0.01%0.8%
30 Day-33.3%-4.4%0.3%
90 Day-50.0%4.9%5.3%
1 Year-50.0%-50.0%12.1%6.6%20.5%15.3%
3 Year-81.8%-81.8%50.2%31.6%37.4%18.8%
5 Year-89.5%-89.5%85.4%41.9%50.7%16.8%

Price Volatility Vs. Market

How volatile is Sabre Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

0.057x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: SBR is good value based on its PB Ratio (0.1x) compared to the AU Metals and Mining industry average (1.4x).


Next Steps

Future Growth

How is Sabre Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-1.2%

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 Sabre Resources 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.


Next Steps

Past Performance

How has Sabre Resources performed over the past 5 years?

-69.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SBR is currently unprofitable.

Growing Profit Margin: SBR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SBR is unprofitable, and losses have increased over the past 5 years at a rate of -69.6% per year.

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

Earnings vs Industry: SBR is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (18.2%).


Return on Equity

High ROE: SBR has a negative Return on Equity (-117.41%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Sabre Resources's financial position?


Financial Position Analysis

Short Term Liabilities: SBR's short term assets (A$420.1K) exceed its short term liabilities (A$110.6K).

Long Term Liabilities: SBR's short term assets (A$420.1K) do not cover its long term liabilities (A$953.4K).


Debt to Equity History and Analysis

Debt Level: SBR's debt to equity ratio (3.6%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if SBR's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

Inventory Level: SBR has a high level of physical assets or inventory.

Debt Coverage by Assets: SBR's debt is not covered by short term assets (assets are 0.9x debt).


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

Forecast Cash Runway: Insufficient data to determine if SBR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.3%markettop25%5.5%industryaverage4.4%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate SBR's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SBR's dividends per share have been stable in the past.

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

3.2yrs

Average board tenure


CEO

Sabre Resources has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Michael Scivolo
Non-Executive Director13.3yrsAU$12.00kno data
Robert Collins
Independent Director3.2yrsAU$12.00kno data
Basil Conti
Non-Executive Director1.7yrsAU$12.00kno data

3.2yrs

Average Tenure

Experienced Board: SBR'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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 46.7%.


Top Shareholders

Company Information

Sabre Resources Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sabre Resources Limited
  • Ticker: SBR
  • Exchange: ASX
  • Founded:
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$1.703m
  • Shares outstanding: 851.72m
  • Website: https://www.sabresources.com

Location

  • Sabre Resources Limited
  • 8 Parliament Place
  • Level 1
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SBRASX (Australian Securities Exchange)YesOrdinary SharesAUAUDFeb 1992
SALDB (Deutsche Boerse AG)YesOrdinary SharesDEEURFeb 1992
SBRCHIA (Chi-X Australia)YesOrdinary SharesAUAUDFeb 1992

Biography

Sabre Resources Limited explores for and develops mineral properties in Australia and Namibia. The company primarily explores for copper, lead, zinc, vanadium, nickel, cobalt, silver, gold, and other base metal deposits. Its primary project is the Otavi Mountain Land project located in northern Namibia, Southern Africa. Sabre Resources Limited is based in West Perth, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/19 10:34
End of Day Share Price2020/02/19 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.