SWK Stock Overview
Swick Mining Services Limited, together with its subsidiaries, provides mineral drilling services to the mining industry in Australia, North America, Europe, Africa, and the Asia Pacific regions.
Swick Mining Services Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.38|
|52 Week High||AU$0.41|
|52 Week Low||AU$0.13|
|1 Month Change||10.15%|
|3 Month Change||55.10%|
|1 Year Change||94.87%|
|3 Year Change||68.89%|
|5 Year Change||49.02%|
|Change since IPO||22.58%|
Recent News & Updates
Swick Mining Services Limited's (ASX:SWK) CEO Compensation Is Looking A Bit Stretched At The Moment
Swick Mining Services Limited ( ASX:SWK ) has exhibited strong share price growth in the past few years. However, its...
Swick Mining Services (ASX:SWK) Is Carrying A Fair Bit Of Debt
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Is Swick Mining Services (ASX:SWK) A Risky Investment?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
|SWK||AU Metals and Mining||AU Market|
Return vs Industry: SWK exceeded the Australian Metals and Mining industry which returned 4% over the past year.
Return vs Market: SWK exceeded the Australian Market which returned 10.7% over the past year.
|SWK Average Weekly Movement||8.2%|
|Metals and Mining Industry Average Movement||10.5%|
|Market Average Movement||8.3%|
|10% most volatile stocks in AU Market||15.6%|
|10% least volatile stocks in AU Market||3.7%|
Stable Share Price: SWK is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: SWK's weekly volatility (8%) has been stable over the past year.
About the Company
Swick Mining Services Limited, together with its subsidiaries, provides mineral drilling services to the mining industry in Australia, North America, Europe, Africa, and the Asia Pacific regions. The company offers services primarily in the areas of underground diamond drilling and grouting services; and sells drilling equipment, rigs, and parts. It also provides research and development activities in mineral analysis technologies.
Swick Mining Services Fundamentals Summary
|SWK fundamental statistics|
Is SWK overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SWK income statement (TTM)|
|Cost of Revenue||AU$116.07m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.014|
|Net Profit Margin||2.72%|
How did SWK perform over the long term?See historical performance and comparison
5.3%Current Dividend Yield
Is Swick Mining Services undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SWK (A$0.38) is trading above our estimate of fair value (A$0.23)
Significantly Below Fair Value: SWK is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SWK is poor value based on its PE Ratio (26.3x) compared to the Australian Metals and Mining industry average (14.5x).
PE vs Market: SWK is poor value based on its PE Ratio (26.3x) compared to the Australian market (18.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SWK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SWK is good value based on its PB Ratio (1.2x) compared to the AU Metals and Mining industry average (2.4x).
How is Swick Mining Services 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 Swick Mining Services 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.
How has Swick Mining Services performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SWK has high quality earnings.
Growing Profit Margin: SWK became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: SWK has become profitable over the past 5 years, growing earnings by 15.1% per year.
Accelerating Growth: SWK has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SWK has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).
Return on Equity
High ROE: SWK's Return on Equity (4.5%) is considered low.
How is Swick Mining Services's financial position?
Financial Position Analysis
Short Term Liabilities: SWK's short term assets (A$62.5M) exceed its short term liabilities (A$29.1M).
Long Term Liabilities: SWK's short term assets (A$62.5M) exceed its long term liabilities (A$28.1M).
Debt to Equity History and Analysis
Debt Level: SWK has more cash than its total debt.
Reducing Debt: SWK's debt to equity ratio has reduced from 22.4% to 16.7% over the past 5 years.
Debt Coverage: SWK's debt is well covered by operating cash flow (110.2%).
Interest Coverage: SWK's interest payments on its debt are well covered by EBIT (7.8x coverage).
What is Swick Mining Services's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SWK's dividend (5.26%) is higher than the bottom 25% of dividend payers in the Australian market (2.29%).
High Dividend: SWK's dividend (5.26%) is low compared to the top 25% of dividend payers in the Australian market (5.59%).
Stability and Growth of Payments
Stable Dividend: SWK's dividend payments have been volatile in the past 10 years.
Growing Dividend: SWK's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (103.9%), SWK's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Kent Swick (52 yo)
Mr. Kent Jason Swick B.Eng. (Mech.), serves as Managing Director of Swick Mining Services Limited and served as its Chief Executive Officer. He serves as a Director at Orexplore Technologies Limited. Mr. S...
CEO Compensation Analysis
Compensation vs Market: Kent's total compensation ($USD575.10K) is above average for companies of similar size in the Australian market ($USD290.27K).
Compensation vs Earnings: Kent's compensation has been consistent with company performance over the past year.
Experienced Management: SWK's management team is seasoned and experienced (6.7 years average tenure).
Experienced Board: SWK's board of directors are seasoned and experienced ( 11.3 years average tenure).
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.
Swick Mining Services Limited's employee growth, exchange listings and data sources
- Name: Swick Mining Services Limited
- Ticker: SWK
- Exchange: ASX
- Founded: 1997
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$107.061m
- Shares outstanding: 281.74m
- Website: https://swickmining.com
Number of Employees
- Swick Mining Services Limited
- 64 Great Eastern Highway
- South Guildford
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/12/09 07:03|
|End of Day Share Price||2021/12/09 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.