ASX:SIH

Stock Analysis Report

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Market Cap

AU$36.9m

Last Updated

2021/08/02 08:03 UTC

Data Sources

Company Financials +

Executive Summary

Sihayo Gold Limited, a mineral exploration company, engages in the exploration and development of gold resources primarily in Indonesia. More Details


Snowflake Analysis

Excellent balance sheet with reasonable growth potential.

Share Price & News

How has Sihayo Gold's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SIH is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 17% a week.

Volatility Over Time: SIH's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of Australian stocks.


Market Performance


7 Day Return

0%

SIH

2.4%

AU Metals and Mining

-0.1%

AU Market


1 Year Return

-64.3%

SIH

36.0%

AU Metals and Mining

27.3%

AU Market

Return vs Industry: SIH underperformed the Australian Metals and Mining industry which returned 36% over the past year.

Return vs Market: SIH underperformed the Australian Market which returned 27.3% over the past year.


Shareholder returns

SIHIndustryMarket
7 Day0%2.4%-0.1%
30 Day-9.1%7.2%0.9%
90 Day-28.6%10.2%4.5%
1 Year-63.0%-64.3%43.1%36.0%31.9%27.3%
3 Year-31.0%-33.3%89.3%63.9%32.7%16.8%
5 Year-30.3%-33.3%155.7%112.2%62.5%31.0%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Sihayo Gold undervalued compared to its fair value and its price relative to the market?

0.57x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: SIH is good value based on its PB Ratio (0.6x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Sihayo Gold forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

123.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SIH is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: SIH is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: SIH's is expected to become profitable in the next 3 years.

Revenue vs Market: Insufficient data to determine if SIH's revenue is forecast to grow faster than the Australian market.

High Growth Revenue: Insufficient data to determine if SIH's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SIH's Return on Equity is forecast to be high in 3 years time (23.9%)


Past Performance

How has Sihayo Gold performed over the past 5 years?

-10.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SIH is currently unprofitable.

Growing Profit Margin: SIH is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SIH is unprofitable, and losses have increased over the past 5 years at a rate of 10.6% per year.

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

Earnings vs Industry: SIH is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (20.2%).


Return on Equity

High ROE: SIH has a negative Return on Equity (-11.05%), as it is currently unprofitable.


Financial Health

How is Sihayo Gold's financial position?


Financial Position Analysis

Short Term Liabilities: SIH's short term assets (A$18.1M) exceed its short term liabilities (A$1.7M).

Long Term Liabilities: SIH's short term assets (A$18.1M) exceed its long term liabilities (A$616.5K).


Debt to Equity History and Analysis

Debt Level: SIH is debt free.

Reducing Debt: SIH has no debt compared to 5 years ago when its debt to equity ratio was 29.7%.


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: SIH has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: SIH has less than a year of cash runway if free cash flow continues to reduce at historical rates of 27.2% each year


Dividend

What is Sihayo Gold current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

0.9yrs

Average management tenure


CEO

Colin Moorhead (57 yo)

0.83

Tenure

Mr. Colin Francis Moorhead, B.Sc (Hons), FAusIMM (CP), GAICD, serves as Independent Non-Executive Director of Coda Minerals Ltd since August 21, 2019. Mr. Moorhead has been an Executive Chairman at Sihayo ...


Leadership Team

Experienced Management: SIH's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.


Board Members

Experienced Board: SIH's board of directors are considered experienced (6.2 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 60.9%.


Top Shareholders

Company Information

Sihayo Gold Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sihayo Gold Limited
  • Ticker: SIH
  • Exchange: ASX
  • Founded: 1987
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$36.855m
  • Shares outstanding: 3.69b
  • Website: https://www.sihayogold.com

Number of Employees


Location

  • Sihayo Gold Limited
  • 245 Bay Street
  • Suite 1
  • Brighton
  • Victoria
  • 3186
  • Australia

Listings


Biography

Sihayo Gold Limited, a mineral exploration company, engages in the exploration and development of gold resources primarily in Indonesia. Its primary project is the Sihayo Pungkut Gold project located in Ma...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/08/02 08:03
End of Day Share Price2021/07/30 00:00
Earnings2020/12/31
Annual Earnings2020/06/30


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.