Syndicated Metals Limited engages in the exploration and evaluation of mineral properties in Australia.
+ 1 more risk
Flawless balance sheet and overvalued.
Share Price & News
How has Syndicated Metals's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SMD'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: SMD matched the Australian Metals and Mining industry which returned -0.4% over the past year.
Return vs Market: SMD underperformed the Australian Market which returned 7.9% over the past year.
Price Volatility Vs. Market
How volatile is Syndicated Metals's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StEasy Come, Easy Go: How Syndicated Metals (ASX:SMD) Shareholders Got Unlucky And Saw 84% Of Their Cash Evaporate
6 months ago | Simply Wall StDoes Market Volatility Impact Syndicated Metals Limited's (ASX:SMD) Share Price?
8 months ago | Simply Wall StWhat Kind Of Investor Owns Most Of Syndicated Metals Limited (ASX:SMD)?
Is Syndicated Metals 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 SMD's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate SMD's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: SMD is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: SMD 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 SMD's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SMD is good value based on its PB Ratio (0.8x) compared to the AU Metals and Mining industry average (1.3x).
How is Syndicated Metals 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 Syndicated Metals 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 Syndicated Metals'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.
- Syndicated Metals competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Syndicated Metals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SMD is currently unprofitable.
Growing Profit Margin: SMD is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SMD is unprofitable, and losses have increased over the past 5 years at a rate of -1.6% per year.
Accelerating Growth: Unable to compare SMD's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SMD is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (24.1%).
Return on Equity
High ROE: SMD has a negative Return on Equity (-0.96%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Syndicated Metals's financial position?
Financial Position Analysis
Short Term Liabilities: SMD's short term assets (A$1.5M) exceed its short term liabilities (A$174.2K).
Long Term Liabilities: SMD has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SMD is debt free.
Reducing Debt: SMD has not had any debt for past 5 years.
Inventory Level: SMD has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if SMD'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: SMD has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SMD has sufficient cash runway for 1.6 years if free cash flow continues to grow at historical rates of 18.3% each year.
What is Syndicated Metals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate SMD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate SMD'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 SMD's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SMD'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 SMD'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
Brad Drabsch 0
Mr. Bradley James Drabsch, also known as Brad, BSc (Hons), MAIG FSEG, has been Executive Director at High Grade Metals Limited since April 3, 2019. Mr. Drabsch is a Managing Director of Syndicated Metals L ...
|MD & Executive Director||0.2yrs||no data||0.27% A$12.5k|
|Technical Director & Executive Director||0yrs||no data||0.27% A$12.5k|
|Company Secretary||7.4yrs||AU$109.28k||no data|
Experienced Management: SMD's management team is not considered experienced ( 0.2 years average tenure), which suggests a new team.
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 not been meaningfully diluted in the past year.
Syndicated Metals Limited's company bio, employee growth, exchange listings and data sources
- Name: Syndicated Metals Limited
- Ticker: SMD
- Exchange: ASX
- Founded: 2005
- Industry: Gold
- Sector: Materials
- Market Cap: AU$4.685m
- Shares outstanding: 936.93m
- Website: https://www.syndicatedmetals.com.au
- Syndicated Metals Limited
- 56 Kings Park Road
- Suite 5
- West Perth
- Western Australia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SMD||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Dec 2007|
|3OV||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Dec 2007|
|SMD||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Dec 2007|
Syndicated Metals Limited engages in the exploration and evaluation of mineral properties in Australia. It primarily explores for gold deposits. The company holds interests in the Newington Gold project; and the Monument Gold project that comprises a 215 square kilometers tenement package located west of Laverton in Western Australia. Syndicated Metals Limited was incorporated in 2005 and is based in West Perth, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/28 10:39|
|End of Day Share Price||2020/02/25 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.