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TAS

Tasman Resources ASX:TAS Stock Report

Last Price

AU$0.013

Market Cap

AU$7.4m

7D

8.3%

1Y

-58.1%

Updated

01 Jul, 2022

Data

Company Financials
TAS fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

TAS Stock Overview

Tasman Resources Ltd engages in the exploration of mineral properties in Australia.

Tasman Resources Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Tasman Resources
Historical stock prices
Current Share PriceAU$0.013
52 Week HighAU$0.041
52 Week LowAU$0.011
Beta0.70
1 Month Change-40.91%
3 Month Change-35.00%
1 Year Change-58.07%
3 Year Change-75.93%
5 Year Change-93.50%
Change since IPO-92.97%

Recent News & Updates

Nov 17
Is Tasman Resources (ASX:TAS) Weighed On By Its Debt Load?

Is Tasman Resources (ASX:TAS) Weighed On By Its Debt Load?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Shareholder Returns

TASAU Metals and MiningAU Market
7D8.3%-0.04%-0.2%
1Y-58.1%-13.6%-11.9%

Return vs Industry: TAS underperformed the Australian Metals and Mining industry which returned -13.6% over the past year.

Return vs Market: TAS underperformed the Australian Market which returned -11.9% over the past year.

Price Volatility

Is TAS's price volatile compared to industry and market?
TAS volatility
TAS Average Weekly Movement17.3%
Metals and Mining Industry Average Movement11.5%
Market Average Movement9.8%
10% most volatile stocks in AU Market16.5%
10% least volatile stocks in AU Market4.4%

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

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

About the Company

FoundedEmployeesCEOWebsite
1987n/an/ahttps://www.tasmanresources.com.au

Tasman Resources Ltd engages in the exploration of mineral properties in Australia. It explores for precious and base metals, including gold, silver, copper, zinc, lead, nickel, and uranium, as well as iron-oxide. The company holds a 100% interest in Lake Torrens and Pernatty projects located in South Australia.

Tasman Resources Fundamentals Summary

How do Tasman Resources's earnings and revenue compare to its market cap?
TAS fundamental statistics
Market CapAU$7.38m
Earnings (TTM)-AU$3.96m
Revenue (TTM)AU$4.52m

1.9x

P/S Ratio

-2.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TAS income statement (TTM)
RevenueAU$4.52m
Cost of RevenueAU$1.17m
Gross ProfitAU$3.35m
Other ExpensesAU$7.30m
Earnings-AU$3.96m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0059
Gross Margin74.10%
Net Profit Margin-87.60%
Debt/Equity Ratio11.6%

How did TAS perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is TAS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TAS?

Other financial metrics that can be useful for relative valuation.

TAS key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue4.5x
Enterprise Value/EBITDA-4.9x
PEG Ration/a

Price to Sales Ratio vs Peers

How does TAS's PS Ratio compare to its peers?

TAS PS Ratio vs Peers
The above table shows the PS ratio for TAS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average523.1x
CZL Consolidated Zinc
0.6xn/aAU$6.2m
EMU Emu
125xn/aAU$5.7m
MBK Metal Bank
133.3xn/aAU$10.4m
DAF Discovery Alaska
1833.3xn/aAU$11.9m
TAS Tasman Resources
1.9xn/aAU$7.4m

Price-To-Sales vs Peers: TAS is good value based on its Price-To-Sales Ratio (1.9x) compared to the peer average (523.1x).


Price to Earnings Ratio vs Industry

How does TAS's PE Ratio compare vs other companies in the AU Metals and Mining Industry?

Price-To-Sales vs Industry: TAS is good value based on its Price-To-Sales Ratio (1.9x) compared to the Australian Metals and Mining industry average (35.1x)


Price to Sales Ratio vs Fair Ratio

What is TAS's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TAS PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.9x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate TAS's Price-To-Sales Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of TAS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate TAS's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate TAS's fair value for valuation analysis.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TAS's PEG Ratio to determine if it is good value.


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Future Growth

How is Tasman Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-7.1%

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 Tasman Resources 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.


Discover growth companies

  • Tasman Resources competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Tasman Resources performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


15.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: TAS is currently unprofitable.

Growing Profit Margin: TAS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TAS is unprofitable, but has reduced losses over the past 5 years at a rate of 15.3% per year.

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

Earnings vs Industry: TAS is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (57.3%).


Return on Equity

High ROE: TAS has a negative Return on Equity (-18.85%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Tasman Resources's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: TAS's short term assets (A$9.2M) exceed its short term liabilities (A$6.1M).

Long Term Liabilities: TAS's short term assets (A$9.2M) exceed its long term liabilities (A$19.9K).


Debt to Equity History and Analysis

Debt Level: TAS has more cash than its total debt.

Reducing Debt: TAS's debt to equity ratio has increased from 3.3% to 11.6% over the 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: TAS has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: TAS has less than a year of cash runway if free cash flow continues to grow at historical rates of 2.8% each year.


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Dividend

What is Tasman Resources's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if TAS's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as TAS has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

19.2yrs

Average board tenure


CEO

Tasman Resources has no CEO, or we have no data on them.


Board Members

Experienced Board: TAS's board of directors are seasoned and experienced ( 19.2 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Tasman Resources Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: Tasman Resources Ltd
  • Ticker: TAS
  • Exchange: ASX
  • Founded: 1987
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Implied Market Cap: AU$7.383m
  • Shares outstanding: 671.15m
  • Website: https://www.tasmanresources.com.au

Location

  • Tasman Resources Ltd
  • 197 St George’s Terrace
  • Level 15
  • 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 Analysis2022/07/01 00:00
End of Day Share Price2022/07/01 00:00
Earnings2021/12/31
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.