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SRL

Sunrise Energy MetalsASX:SRL Stock Report

Market Cap

AU$162.1m

7D

20.3%

1Y

-41.7%

Updated

18 Oct, 2021

Data

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

SRL Overview

Sunrise Energy Metals Limited, together with its subsidiaries, engages in the metal recovery and exploration of other mineral tenements in Australia.

Sunrise Energy Metals Competitors

Fluence

ASX:FLC

AU$125.0m

PuriflOH

ASX:PO3

AU$51.4m

Price History & Performance

Summary of all time highs, changes and price drops for Sunrise Energy Metals
Historical stock prices
Current Share PriceAU$1.93
52 Week HighAU$1.32
52 Week LowAU$3.60
Beta1.52
1 Month Change12.25%
3 Month Change5.77%
1 Year Change-41.67%
3 Year Change-56.74%
5 Year Change-51.88%
Change since IPO-71.69%

Recent News & Updates

Oct 15
Sunrise Energy Metals Limited's (ASX:SRL) CEO Compensation Is Looking A Bit Stretched At The Moment

Sunrise Energy Metals Limited's (ASX:SRL) CEO Compensation Is Looking A Bit Stretched At The Moment

The underwhelming share price performance of Sunrise Energy Metals Limited ( ASX:SRL ) in the past three years would...

Shareholder Returns

SRLAU Metals and MiningAU Market
7D20.3%4.3%0.9%
1Y-41.7%12.2%20.2%

Return vs Industry: SRL underperformed the Australian Metals and Mining industry which returned 12.2% over the past year.

Return vs Market: SRL underperformed the Australian Market which returned 20.2% over the past year.

Price Volatility

Is SRL's price volatile compared to industry and market?
SRL volatility
SRL Beta1.52
Industry Beta0.97
Market Beta1

Stable Share Price: SRL is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: SRL's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1990n/aSam Riggallhttps://www.sunriseem.com

Sunrise Energy Metals Limited, together with its subsidiaries, engages in the metal recovery and exploration of other mineral tenements in Australia. The company provides Clean-iX resin technology for the extraction and purification of various resources, including precious metals, such as gold and silver; platinum group metals consisting of platinum, palladium, rhodium, and iridium; base metals comprising copper, nickel, cobalt, and zinc; light, medium, and heavy rare earth metals; and specialty metals covering scandium, vanadium, niobium, tantalum, uranium, and titanium, as well as radioactive elements, and other extractable elements. It is involved in the development of the Sunrise project for electric vehicle battery materials in New South Wales.

Sunrise Energy Metals Fundamentals Summary

How do Sunrise Energy Metals's earnings and revenue compare to its market cap?
SRL fundamental statistics
Market CapAU$162.10m
Earnings (TTM)-AU$16.99m
Revenue (TTM)AU$877.00k

197.8x

P/S Ratio

-10.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SRL income statement (TTM)
RevenueAU$877.00k
Cost of RevenueAU$7.15m
Gross Profit-AU$6.27m
ExpensesAU$10.72m
Earnings-AU$16.99m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.19
Gross Margin-715.17%
Net Profit Margin-1,937.86%
Debt/Equity Ratio0%

How did SRL perform over the long term?

See historical performance and comparison

Valuation

Is Sunrise Energy Metals undervalued compared to its fair value and its price relative to the market?

7.71x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: SRL is overvalued based on its PB Ratio (7.7x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Sunrise Energy Metals forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

27.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SRL is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: SRL is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: SRL is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: SRL is forecast to have no revenue next year.

High Growth Revenue: SRL is forecast to have no revenue next year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SRL is forecast to be unprofitable in 3 years.


Past Performance

How has Sunrise Energy Metals performed over the past 5 years?

-56.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SRL is currently unprofitable.

Growing Profit Margin: SRL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SRL is unprofitable, and losses have increased over the past 5 years at a rate of 56.9% per year.

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

Earnings vs Industry: SRL 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: SRL has a negative Return on Equity (-75.97%), as it is currently unprofitable.


Financial Health

How is Sunrise Energy Metals's financial position?


Financial Position Analysis

Short Term Liabilities: SRL's short term assets (A$60.5M) exceed its short term liabilities (A$38.1M).

Long Term Liabilities: SRL's short term assets (A$60.5M) exceed its long term liabilities (A$714.0K).


Debt to Equity History and Analysis

Debt Level: SRL is debt free.

Reducing Debt: SRL has no debt compared to 5 years ago when its debt to equity ratio was 11.2%.


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

Forecast Cash Runway: SRL has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 17.1% each year.


Dividend

What is Sunrise Energy Metals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

8.5yrs

Average management tenure


CEO

Sam Riggall (49 yo)

6.25yrs

Tenure

AU$903,243

Compensation

Mr. Sam Riggall, LLB (Hons), B.Comm., MBA, has been Managing Director and Chief Executive Officer of Sunrise Energy Metals Limited (formerly known as Clean TeQ Holdings Limited) since April 24, 2017 and Ju...


CEO Compensation Analysis

Compensation vs Market: Sam's total compensation ($USD670.41K) is above average for companies of similar size in the Australian market ($USD302.72K).

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


Leadership Team

Experienced Management: SRL's management team is seasoned and experienced (8.5 years average tenure).


Board Members

Experienced Board: SRL's board of directors are considered experienced (4.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: SRL 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 20.6%.


Top Shareholders

Company Information

Sunrise Energy Metals Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Sunrise Energy Metals Limited
  • Ticker: SRL
  • Exchange: ASX
  • Founded: 1990
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$162.104m
  • Shares outstanding: 90.06m
  • Website: https://www.sunriseem.com

Location

  • Sunrise Energy Metals Limited
  • 350 Collins Street
  • Suite 5
  • Melbourne
  • Victoria
  • 3000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 07:05
End of Day Share Price2021/10/18 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.