Sheffield Resources Limited explores for and develops mineral properties.
+ 2 more risks
Adequate balance sheet and overvalued.
Share Price & News
How has Sheffield Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SFX's share price has been volatile over the past 3 months.
7 Day Return
AU Metals and Mining
1 Year Return
AU Metals and Mining
Return vs Industry: SFX underperformed the Australian Metals and Mining industry which returned -19.1% over the past year.
Return vs Market: SFX underperformed the Australian Market which returned -18.8% over the past year.
Price Volatility Vs. Market
How volatile is Sheffield Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StCompanies Like Sheffield Resources (ASX:SFX) Are In A Position To Invest In Growth
3 months ago | Simply Wall StWhat Type Of Shareholder Owns Sheffield Resources Limited's (ASX:SFX)?
8 months ago | Simply Wall StWhat You Must Know About Sheffield Resources Limited's (ASX:SFX) Beta Value
Is Sheffield Resources undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) 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 unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: SFX 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 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 (0.3x) compared to the AU Metals and Mining industry average (1x).
How is Sheffield Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Examine Sheffield Resources's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Sheffield Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Sheffield Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SFX is currently unprofitable.
Growing Profit Margin: SFX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SFX is unprofitable, and losses have increased over the past 5 years at a rate of -40% per year.
Accelerating Growth: Unable to compare SFX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SFX is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-7%).
Return on Equity
High ROE: SFX has a negative Return on Equity (-11.99%), as it is currently unprofitable.
How is Sheffield Resources's financial position?
Financial Position Analysis
Short Term Liabilities: SFX's short term assets (A$11.6M) exceed its short term liabilities (A$4.9M).
Long Term Liabilities: SFX's short term assets (A$11.6M) exceed its long term liabilities (A$2.0M).
Debt to Equity History and Analysis
Debt Level: SFX is debt free.
Reducing Debt: SFX has not had any debt for past 5 years.
Inventory Level: SFX has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if SFX's debt is covered by short term assets.
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: SFX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SFX has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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 payouts.
High Dividend: Unable to evaluate SFX'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 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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bruce McFadzean (62yo)
Mr. Bruce J. McFadzean, Dip Mining., FAusIMM has been Managing Director of Sheffield Resources Limited since November 2, 2015. Mr. McFadzean served as the Chief Executive Officer and Managing Director of M ...
CEO Compensation Analysis
Compensation vs Market: Bruce's total compensation ($USD526.14K) is above average for companies of similar size in the Australian market ($USD245.57K).
Compensation vs Earnings: Bruce's compensation has increased whilst the company is unprofitable.
|MD & Director||4.25yrs||AU$854.19k||0.56% A$120.2k|
|Company Secretary & CFO||4yrs||AU$561.16k||0.19% A$41.4k|
|Chief Operating Officer||2.83yrs||AU$1.03m||0.098% A$21.1k|
|General Manager of Marketing||3.83yrs||AU$297.40k||no data|
|General Manager of People & Community||2.17yrs||no data||no data|
|General Manager of Engineering & Processing||4.25yrs||AU$303.05k||no data|
Experienced Management: SFX's management team is considered experienced (3.9 years average tenure).
|MD & Director||4.25yrs||AU$854.19k||0.56% A$120.2k|
|Non-Executive Director||0.58yr||no data||0.032% A$7.0k|
|Non-Executive Director||12.67yrs||AU$91.32k||2.67% A$577.9k|
|Non-Executive Director||10.25yrs||AU$527.95k||2.72% A$588.8k|
|Independent Non-Executive Chairman||no data||no data||no data|
Experienced Board: SFX's board of directors are considered experienced (7.3 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 been diluted in the past year, with total shares outstanding growing by 17.9%.
Sheffield Resources Limited's company bio, employee growth, exchange listings and data sources
- Name: Sheffield Resources Limited
- Ticker: SFX
- Exchange: ASX
- Founded: 2007
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$21.627m
- Shares outstanding: 308.96m
- Website: https://www.sheffieldresources.com.au
- Sheffield Resources Limited
- 41 - 47 Colin Street
- Level 2
- West Perth
- Western Australia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SFX||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Dec 2010|
|SFX||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Dec 2010|
|28H||BST (Boerse-Stuttgart)||Yes||Ordinary Shares||DE||EUR||Dec 2010|
Sheffield Resources Limited explores for and develops mineral properties. The company’s principal project is the Thunderbird mineral sands property located in the Canning Basin in northern Western Australia. It explores for zircon, rutile, ilmenite, leucoxene, and titanium minerals. The company was incorporated in 2007 and is based in West Perth, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/31 10:41|
|End of Day Share Price||2020/03/31 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.