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TG1

TechGen MetalsASX:TG1 Stock Report

Market Cap

AU$11.6m

7D

10.0%

1Y

n/a

Updated

18 Oct, 2021

Data

Company Financials
TG1 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

TG1 Overview

TechGen Metals Ltd engages in the mining and exploration of mineral resources in Western Australia.

Price History & Performance

Summary of all time highs, changes and price drops for TechGen Metals
Historical stock prices
Current Share PriceAU$0.22
52 Week HighAU$0.17
52 Week LowAU$0.38
Beta0
1 Month Change12.82%
3 Month Change12.82%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-24.14%

Recent News & Updates

Shareholder Returns

TG1AU Metals and MiningAU Market
7D10.0%3.9%1.7%
1Yn/a13.3%20.3%

Return vs Industry: Insufficient data to determine how TG1 performed against the Australian Metals and Mining industry.

Return vs Market: Insufficient data to determine how TG1 performed against the Australian Market.

Price Volatility

Is TG1's price volatile compared to industry and market?
TG1 volatility
TG1 Beta0
Industry Beta0.97
Market Beta1

Stable Share Price: TG1 is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: TG1's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2018n/aAshley Hoodhttps://techgenmetals.com.au

TechGen Metals Ltd engages in the mining and exploration of mineral resources in Western Australia. The company primarily explores for gold and copper deposits. It owns 100% interests in seven projects, including the Ida Valley, El Donna, Blue Rock Valley, Station Creek, Mt Boggola, Harbutt Range, and North Nifty projects located in the Yilgarn Craton, Ashburton Basin, and Paterson Orogen regions of Western Australia.

TechGen Metals Fundamentals Summary

How do TechGen Metals's earnings and revenue compare to its market cap?
TG1 fundamental statistics
Market CapAU$11.56m
Earnings (TTM)-AU$2.17m
Revenue (TTM)n/a

0x

P/S Ratio

-5.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TG1 income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$2.17m
Earnings-AU$2.17m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.041
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did TG1 perform over the long term?

See historical performance and comparison

Valuation

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

1.95x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate TG1's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate TG1's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: TG1 is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: TG1 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 TG1's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TG1 is good value based on its PB Ratio (2x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

-0.2%

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 TechGen 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.


Past Performance

How has TechGen Metals performed over the past 5 years?

-531.5%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: TG1 is currently unprofitable.

Growing Profit Margin: TG1 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if TG1's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare TG1's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: TG1 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: TG1 has a negative Return on Equity (-36.57%), as it is currently unprofitable.


Financial Health

How is TechGen Metals's financial position?


Financial Position Analysis

Short Term Liabilities: TG1's short term assets (A$4.5M) exceed its short term liabilities (A$31.0K).

Long Term Liabilities: TG1 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: TG1 is debt free.

Reducing Debt: TG1 has not had any debt for 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: TG1 has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: TG1 has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 37.1% each year.


Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate TG1's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TG1'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 TG1's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TG1'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 TG1'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?

1.3yrs

Average board tenure


CEO

Ashley Hood

no data

Tenure

Mr. Ashley Keith Hood, BBus Masters Earth Science, serves as Chief Operations Officer of Mallee Gold Corporation Ltd and Proto Resources and Investments Limited. He had been Independent Non-Executive Direc...


Board Members

Experienced Board: TG1's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

Insider Buying: TG1 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: TG1 only recently listed within the past 12 months.


Top Shareholders

Company Information

TechGen Metals Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: TechGen Metals Ltd
  • Ticker: TG1
  • Exchange: ASX
  • Founded: 2018
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$11.558m
  • Shares outstanding: 52.54m
  • Website: https://techgenmetals.com.au

Location

  • TechGen Metals Ltd
  • AMP Tower
  • Level 28
  • 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 Analysis2021/10/18 15:38
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.