Tietto Minerals Limited operates as a gold exploration and development company in Australia and West Africa.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.47|
|52 Week High||AU$0.28|
|52 Week Low||AU$0.58|
|1 Month Change||46.88%|
|3 Month Change||38.24%|
|1 Year Change||-16.07%|
|3 Year Change||571.43%|
|5 Year Change||n/a|
|Change since IPO||135.00%|
Recent News & Updates
We Think Tietto Minerals (ASX:TIE) Can Afford To Drive Business Growth
We can readily understand why investors are attracted to unprofitable companies. For example, although...
|TIE||AU Metals and Mining||AU Market|
Return vs Industry: TIE underperformed the Australian Metals and Mining industry which returned 11.3% over the past year.
Return vs Market: TIE underperformed the Australian Market which returned 20.2% over the past year.
Stable Share Price: TIE is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: TIE's weekly volatility (7%) has been stable over the past year.
About the Company
Tietto Minerals Limited operates as a gold exploration and development company in Australia and West Africa. Its flagship project in the Abujar gold project comprising three tenements covering an area of 1,114 square kilometers located in central western region of Côte D’Ivoire. The company was incorporated in 2010 and is based in West Perth, Australia.
Tietto Minerals Fundamentals Summary
|TIE fundamental statistics|
Is TIE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TIE income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.042|
|Net Profit Margin||0.00%|
How did TIE perform over the long term?See historical performance and comparison
Is Tietto Minerals undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TIE (A$0.47) is trading below our estimate of fair value (A$34.16)
Significantly Below Fair Value: TIE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TIE is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: TIE 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 TIE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TIE is overvalued based on its PB Ratio (4.4x) compared to the AU Metals and Mining industry average (2.6x).
How is Tietto Minerals forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TIE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: TIE is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: TIE's is expected to become profitable in the next 3 years.
Revenue vs Market: TIE is forecast to have no revenue next year.
High Growth Revenue: TIE is forecast to have no revenue next year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TIE's Return on Equity is forecast to be very high in 3 years time (48.9%).
How has Tietto Minerals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TIE is currently unprofitable.
Growing Profit Margin: TIE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TIE is unprofitable, and losses have increased over the past 5 years at a rate of 41.8% per year.
Accelerating Growth: Unable to compare TIE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TIE 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: TIE has a negative Return on Equity (-40.06%), as it is currently unprofitable.
How is Tietto Minerals's financial position?
Financial Position Analysis
Short Term Liabilities: TIE's short term assets (A$45.4M) exceed its short term liabilities (A$4.3M).
Long Term Liabilities: TIE's short term assets (A$45.4M) exceed its long term liabilities (A$46.7K).
Debt to Equity History and Analysis
Debt Level: TIE is debt free.
Reducing Debt: TIE currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: TIE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: TIE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 38.5% each year
What is Tietto Minerals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TIE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TIE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TIE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TIE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TIE's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dr. Caigen Wang, Ph D., CPEng, MIEAust, MAusIMM, serves as Managing Director of Tietto Minerals Limited. Dr. Wang founded Tietto Minerals Limited in 2010.He is responsible for all of Tietto's project acqu...
CEO Compensation Analysis
Compensation vs Market: Caigen's total compensation ($USD515.74K) is about average for companies of similar size in the Australian market ($USD547.68K).
Compensation vs Earnings: Caigen's compensation has been consistent with company performance over the past year.
Experienced Management: TIE's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.
Experienced Board: TIE's board of directors are considered experienced (4.2 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 been diluted in the past year, with total shares outstanding growing by 2.5%.
Tietto Minerals Limited's employee growth, exchange listings and data sources
- Name: Tietto Minerals Limited
- Ticker: TIE
- Exchange: ASX
- Founded: 2010
- Industry: Gold
- Sector: Materials
- Market Cap: AU$207.725m
- Shares outstanding: 461.61m
- Website: https://www.tietto.com
- Tietto Minerals Limited
- 162 Colin Street
- Unit 7
- West Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/20 07:05|
|End of Day Share Price||2021/10/20 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.