ASX:SFX

Stock Analysis Report

Sheffield Resources

Executive Summary

Sheffield Resources Limited explores for and develops mineral properties.


Snowflake Analysis

Adequate balance sheet and overvalued.


Similar Companies

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.


Market Performance


7 Day Return

14.3%

SFX

1.2%

AU Metals and Mining

7.1%

AU Market


1 Year Return

-87.5%

SFX

-22.0%

AU Metals and Mining

-19.4%

AU Market

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.


Shareholder returns

SFXIndustryMarket
7 Day14.3%1.2%7.1%
30 Day-30.4%-14.6%-21.3%
90 Day-75.8%-24.0%-24.8%
1 Year-87.5%-87.5%-17.6%-22.0%-15.8%-19.4%
3 Year-82.2%-82.6%26.8%9.3%-2.4%-15.8%
5 Year-89.6%-89.9%56.5%19.0%8.4%-16.0%

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

Valuation

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

0.29x

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).


Next Steps

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.


Next Steps

Past Performance

How has Sheffield Resources performed over the past 5 years?

-40.0%

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.


Next Steps

Financial Health

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.


Balance Sheet

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.


Next Steps

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 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.


Next Steps

Management

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

3.9yrs

Average management tenure


CEO

Bruce McFadzean (62yo)

4.25s

Tenure

AU$854,188

Compensation

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.


Leadership Team

NamePositionTenureCompensationOwnership
Bruce McFadzean
MD & Director4.25yrsAU$854.19k0.56% A$120.2k
Marco Di Silvio
Company Secretary & CFO4yrsAU$561.16k0.19% A$41.4k
Stuart Pether
Chief Operating Officer2.83yrsAU$1.03m0.098% A$21.1k
Neil Patten-Williams
General Manager of Marketing3.83yrsAU$297.40kno data
Vanessa Hughes
General Manager of People & Community2.17yrsno datano data
David Netterfield
General Manager of Engineering & Processing4.25yrsAU$303.05kno data

3.9yrs

Average Tenure

Experienced Management: SFX's management team is considered experienced (3.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Bruce McFadzean
MD & Director4.25yrsAU$854.19k0.56% A$120.2k
Ian Macliver
Non-Executive Director0.58yrno data0.032% A$7.0k
William John Burbury
Non-Executive Director12.67yrsAU$91.32k2.67% A$577.9k
David Archer
Non-Executive Director10.25yrsAU$527.95k2.72% A$588.8k
John Richards
Independent Non-Executive Chairmanno datano datano data

7.3yrs

Average Tenure

59yo

Average Age

Experienced Board: SFX's board of directors are considered experienced (7.3 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 17.9%.


Top Shareholders

Company Information

Sheffield Resources Limited's company bio, 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$21.627m
  • Shares outstanding: 308.96m
  • Website: https://www.sheffieldresources.com.au

Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SFXASX (Australian Securities Exchange)YesOrdinary SharesAUAUDDec 2010
SFXCHIA (Chi-X Australia)YesOrdinary SharesAUAUDDec 2010
28HBST (Boerse-Stuttgart)YesOrdinary SharesDEEURDec 2010

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/31 10:41
End of Day Share Price2020/03/31 00:00
Earnings2019/12/31
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.