company background image
TIE

Tietto MineralsASX:TIE Stock Report

Market Cap

AU$207.7m

7D

0%

1Y

-16.1%

Updated

20 Oct, 2021

Data

Company Financials +
TIE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance0/6
Financial Health5/6
Dividends0/6

TIE Overview

Tietto Minerals Limited operates as a gold exploration and development company in Australia and West Africa.

Price History & Performance

Summary of all time highs, changes and price drops for Tietto Minerals
Historical stock prices
Current Share PriceAU$0.47
52 Week HighAU$0.28
52 Week LowAU$0.58
Beta1.09
1 Month Change46.88%
3 Month Change38.24%
1 Year Change-16.07%
3 Year Change571.43%
5 Year Changen/a
Change since IPO135.00%

Recent News & Updates

Jul 05
We Think Tietto Minerals (ASX:TIE) Can Afford To Drive Business Growth

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...

Shareholder Returns

TIEAU Metals and MiningAU Market
7D0%3.6%1.7%
1Y-16.1%11.3%20.2%

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.

Price Volatility

Is TIE's price volatile compared to industry and market?
TIE volatility
TIE Beta1.09
Industry Beta0.97
Market Beta1

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

FoundedEmployeesCEOWebsite
2010n/aCaigen Wanghttps://www.tietto.com

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

How do Tietto Minerals's earnings and revenue compare to its market cap?
TIE fundamental statistics
Market CapAU$207.72m
Earnings (TTM)-AU$19.59m
Revenue (TTM)n/a

0x

P/S Ratio

-11.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TIE income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$19.59m
Earnings-AU$19.59m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.042
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did TIE perform over the long term?

See historical performance and comparison

Valuation

Is Tietto Minerals undervalued compared to its fair value and its price relative to the market?

>50%

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).


Future Growth

How is Tietto Minerals forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

99.7%

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%).


Past Performance

How has Tietto Minerals performed over the past 5 years?

-41.8%

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.


Financial Health

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.


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: 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


Dividend

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.


Next Steps

Management

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

0.7yrs

Average management tenure


CEO

Caigen Wang

no data

Tenure

AU$689,807

Compensation

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.


Leadership Team

Experienced Management: TIE's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.


Board Members

Experienced Board: TIE's board of directors are considered experienced (4.2 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 been diluted in the past year, with total shares outstanding growing by 2.5%.


Top Shareholders

Company Information

Tietto Minerals Limited's employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • Tietto Minerals Limited
  • 162 Colin Street
  • Unit 7
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 07:05
End of Day Share Price2021/10/20 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.