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SFX

Sheffield ResourcesASX:SFX Stock Report

Market Cap

AU$116.1m

7D

1.5%

1Y

8.1%

Updated

25 Oct, 2021

Data

Company Financials
SFX fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends0/6

SFX Overview

Sheffield Resources Limited explores for and develops mineral properties.

Sheffield Resources Competitors

Western Areas

ASX:WSA

AU$1.1b

Paladin Energy

ASX:PDN

AU$2.6b

Energy Resources of Australia

ASX:ERA

AU$1.6b

Bathurst Resources

ASX:BRL

AU$141.9m

Price History & Performance

Summary of all time highs, changes and price drops for Sheffield Resources
Historical stock prices
Current Share PriceAU$0.34
52 Week HighAU$0.28
52 Week LowAU$0.51
Beta1.96
1 Month Change0%
3 Month Change3.08%
1 Year Change8.07%
3 Year Change-63.19%
5 Year Change-37.96%
Change since IPO39.58%

Recent News & Updates

Sep 15
Sheffield Resources' (ASX:SFX) Robust Profit May Be Overstating Its True Earnings Potential

Sheffield Resources' (ASX:SFX) Robust Profit May Be Overstating Its True Earnings Potential

Shareholders were pleased with the recent earnings report from Sheffield Resources Limited ( ASX:SFX ). Despite this...

Mar 30
We're Not Very Worried About Sheffield Resources' (ASX:SFX) Cash Burn Rate

We're Not Very Worried About Sheffield Resources' (ASX:SFX) Cash Burn Rate

There's no doubt that money can be made by owning shares of unprofitable businesses. By way of example, Sheffield...

Shareholder Returns

SFXAU Metals and MiningAU Market
7D1.5%-1.7%0.6%
1Y8.1%10.8%21.3%

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

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

Price Volatility

Is SFX's price volatile compared to industry and market?
SFX volatility
SFX Beta1.96
Industry Beta0.97
Market Beta1

Stable Share Price: SFX is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: SFX's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2007n/an/ahttps://www.sheffieldresources.com.au

Sheffield Resources Limited explores for and develops mineral properties. The company explores for zircon, rutile, ilmenite, leucoxene, and titanium minerals. Its flagship project is the Thunderbird mineral sands property located in the Canning Basin in northern Western Australia.

Sheffield Resources Fundamentals Summary

How do Sheffield Resources's earnings and revenue compare to its market cap?
SFX fundamental statistics
Market CapAU$116.11m
Earnings (TTM)AU$28.01m
Revenue (TTM)AU$215.00k

4.1x

P/E Ratio

540.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SFX income statement (TTM)
RevenueAU$215.00k
Cost of RevenueAU$0
Gross ProfitAU$215.00k
Expenses-AU$27.79m
EarningsAU$28.01m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.081
Gross Margin100.00%
Net Profit Margin13,026.98%
Debt/Equity Ratio0.0%

How did SFX perform over the long term?

See historical performance and comparison

Valuation

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

4.15x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: SFX is good value based on its PE Ratio (4.1x) compared to the Australian Metals and Mining industry average (14.6x).

PE vs Market: SFX is good value based on its PE Ratio (4.1x) compared to the Australian market (19.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SFX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SFX is good value based on its PB Ratio (0.9x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

-0.5%

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 Sheffield 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.


Past Performance

How has Sheffield Resources performed over the past 5 years?

26.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SFX has a high level of non-cash earnings.

Growing Profit Margin: SFX became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: SFX has become profitable over the past 5 years, growing earnings by 26.4% per year.

Accelerating Growth: SFX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: SFX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).


Return on Equity

High ROE: SFX's Return on Equity (21.8%) is considered high.


Financial Health

How is Sheffield Resources's financial position?


Financial Position Analysis

Short Term Liabilities: SFX's short term assets (A$6.8M) exceed its short term liabilities (A$390.0K).

Long Term Liabilities: SFX's short term assets (A$6.8M) exceed its long term liabilities (A$1.1M).


Debt to Equity History and Analysis

Debt Level: SFX is debt free.

Reducing Debt: SFX has not had any debt for past 5 years.

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

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


Balance Sheet


Dividend

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


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

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

5.7yrs

Average management tenure


CEO

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


Leadership Team

Experienced Management: SFX's management team is seasoned and experienced (5.7 years average tenure).


Board Members

Experienced Board: SFX's board of directors are not considered experienced ( 0.5 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Sheffield Resources Limited
  • Ticker: SFX
  • Exchange: ASX
  • Founded: 2007
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$116.107m
  • Shares outstanding: 346.59m
  • Website: https://www.sheffieldresources.com.au

Location

  • Sheffield Resources Limited
  • 41-47 Colin Street
  • Level 2
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 16:54
End of Day Share Price2021/10/25 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.