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SHP

South Harz PotashASX:SHP Stock Report

Market Cap

AU$50.9m

7D

0%

1Y

66.7%

Updated

20 Oct, 2021

Data

Company Financials
SHP fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

SHP Overview

South Harz Potash Limited explores for and develops mineral properties in Germany.

Price History & Performance

Summary of all time highs, changes and price drops for South Harz Potash
Historical stock prices
Current Share PriceAU$0.13
52 Week HighAU$0.049
52 Week LowAU$0.17
Beta0.0075
1 Month Change66.67%
3 Month Change78.57%
1 Year Change66.67%
3 Year Change78.57%
5 Year Changen/a
Change since IPO-35.90%

Recent News & Updates

Oct 04
Companies Like South Harz Potash (ASX:SHP) Are In A Position To Invest In Growth

Companies Like South Harz Potash (ASX:SHP) Are In A Position To Invest In Growth

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...

Jun 21
Will South Harz Potash (ASX:SHP) Spend Its Cash Wisely?

Will South Harz Potash (ASX:SHP) Spend Its Cash Wisely?

Just because a business does not make any money, does not mean that the stock will go down. Indeed, South Harz Potash...

Feb 27
Did Davenport Resources Limited (ASX:DAV) Insiders Buy Up More Shares?

Did Davenport Resources Limited (ASX:DAV) Insiders Buy Up More Shares?

It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be...

Shareholder Returns

SHPAU Metals and MiningAU Market
7D0%3.6%1.7%
1Y66.7%11.3%20.2%

Return vs Industry: SHP exceeded the Australian Metals and Mining industry which returned 11.3% over the past year.

Return vs Market: SHP exceeded the Australian Market which returned 20.2% over the past year.

Price Volatility

Is SHP's price volatile compared to industry and market?
SHP volatility
SHP Beta0.0075
Industry Beta0.97
Market Beta1

Stable Share Price: SHP is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: SHP's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
n/an/aChris Gilchristhttps://www.southharzpotash.com

South Harz Potash Limited explores for and develops mineral properties in Germany. The company primarily explores for potash deposits. It holds 100% interest in the South Harz project that includes three mining licenses and two exploration licenses covering an area of 659 square kilometers located in Thüringen, Germany.

South Harz Potash Fundamentals Summary

How do South Harz Potash's earnings and revenue compare to its market cap?
SHP fundamental statistics
Market CapAU$50.89m
Earnings (TTM)-AU$2.00m
Revenue (TTM)n/a

0x

P/S Ratio

-26.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SHP income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$2.00m
Earnings-AU$2.00m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0047
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did SHP perform over the long term?

See historical performance and comparison

Valuation

Is South Harz Potash undervalued compared to its fair value and its price relative to the market?

4.62x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: SHP is overvalued based on its PB Ratio (4.6x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is South Harz Potash forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

0.7%

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 South Harz Potash 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 South Harz Potash performed over the past 5 years?

-1.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SHP is currently unprofitable.

Growing Profit Margin: SHP is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SHP is unprofitable, and losses have increased over the past 5 years at a rate of 1.5% per year.

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

Earnings vs Industry: SHP 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: SHP has a negative Return on Equity (-17.41%), as it is currently unprofitable.


Financial Health

How is South Harz Potash's financial position?


Financial Position Analysis

Short Term Liabilities: SHP's short term assets (A$8.3M) exceed its short term liabilities (A$154.6K).

Long Term Liabilities: SHP has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: SHP is debt free.

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


Balance Sheet


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: SHP has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: SHP has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 4.3% each year


Dividend

What is South Harz Potash current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate SHP'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 SHP's dividends per share have been stable in the past.

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

2.0yrs

Average management tenure


CEO

Chris Gilchrist (62 yo)

3.58yrs

Tenure

AU$396,631

Compensation

Dr. Ian Christopher Robertson Gilchrist, also known as Chris, C Eng, Ph D., FIMMM serves as Director of the consulting firm Gilchrist Mining Ltd., consulting to mining companies on feasibility studies, str...


CEO Compensation Analysis

Compensation vs Market: Chris's total compensation ($USD296.55K) is about average for companies of similar size in the Australian market ($USD302.06K).

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


Leadership Team

Experienced Management: SHP's management team is considered experienced (2 years average tenure).


Board Members

Experienced Board: SHP's board of directors are not considered experienced ( 2.4 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 been substantially diluted in the past year, with total shares outstanding growing by 115.2%.


Top Shareholders

Company Information

South Harz Potash Limited's employee growth, exchange listings and data sources


Key Information

  • Name: South Harz Potash Limited
  • Ticker: SHP
  • Exchange: ASX
  • Founded: NaN
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$50.892m
  • Shares outstanding: 424.10m
  • Website: https://www.southharzpotash.com

Location

  • South Harz Potash Limited
  • London House
  • Level 11
  • Perth
  • Western Australia
  • 6000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 07:05
End of Day Share Price2021/10/20 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.