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Talga Resources

ASX:TLG
Snowflake Description

Flawless balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TLG
ASX
A$88M
Market Cap
  1. Home
  2. AU
  3. Materials
Company description

Talga Resources Limited, a material technology company, explores for, develops, and commercializes graphene and graphite products for the battery, coatings, construction, and polymer composites markets worldwide. The last earnings update was 82 days ago. More info.


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  • Talga Resources has significant price volatility in the past 3 months.
TLG Share Price and Events
7 Day Returns
2.6%
ASX:TLG
5.2%
AU Metals and Mining
2.2%
AU Market
1 Year Returns
-28.2%
ASX:TLG
5.6%
AU Metals and Mining
-6%
AU Market
TLG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Talga Resources (TLG) 2.6% -12.2% -20.2% -28.2% 25.4% 498.5%
AU Metals and Mining 5.2% -0.6% 2.4% 5.6% 88.2% -0.1%
AU Market 2.2% -2.3% -8.3% -6% 13.4% -1.6%
1 Year Return vs Industry and Market
  • TLG underperformed the Metals and Mining industry which returned 5.6% over the past year.
  • TLG underperformed the Market in Australia which returned -6% over the past year.
Price Volatility
TLG
Industry
5yr Volatility vs Market

Value

 Is Talga Resources undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Talga Resources. This is due to cash flow or dividend data being unavailable. The share price is A$0.395.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Talga Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Talga Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:TLG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in AUD A$-0.04
ASX:TLG Share Price ** ASX (2018-12-18) in AUD A$0.4
Australia Metals and Mining Industry PE Ratio Median Figure of 78 Publicly-Listed Metals and Mining Companies 9.78x
Australia Market PE Ratio Median Figure of 558 Publicly-Listed Companies 14.96x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Talga Resources.

ASX:TLG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:TLG Share Price ÷ EPS (both in AUD)

= 0.4 ÷ -0.04

-10.53x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Talga Resources is loss making, we can't compare its value to the AU Metals and Mining industry average.
  • Talga Resources is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Talga Resources's expected growth come at a high price?
Raw Data
ASX:TLG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -10.53x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Metals and Mining Industry PEG Ratio Median Figure of 41 Publicly-Listed Metals and Mining Companies 0.92x
Australia Market PEG Ratio Median Figure of 360 Publicly-Listed Companies 1.4x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Talga Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Talga Resources's assets?
Raw Data
ASX:TLG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in AUD A$0.07
ASX:TLG Share Price * ASX (2018-12-18) in AUD A$0.4
Australia Metals and Mining Industry PB Ratio Median Figure of 578 Publicly-Listed Metals and Mining Companies 1.48x
Australia Market PB Ratio Median Figure of 1,658 Publicly-Listed Companies 1.64x
ASX:TLG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:TLG Share Price ÷ Book Value per Share (both in AUD)

= 0.4 ÷ 0.07

5.84x

* Primary Listing of Talga Resources.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Talga Resources is overvalued based on assets compared to the AU Metals and Mining industry average.
X
Value checks
We assess Talga Resources's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Talga Resources has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

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 Talga 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
1.4%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Talga Resources expected to grow at an attractive rate?
  • Unable to compare Talga Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Talga Resources's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Talga Resources's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:TLG Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 1.4%
Australia Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 1%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.1%
Australia Market Revenue Growth Rate Market Cap Weighted Average 2.6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:TLG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:TLG Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-06-30 0 -9 -8
2018-03-31 0 -8 -7
2017-12-31 0 -7 -7
2017-09-30 0 -7 -8
2017-06-30 0 -8 -9
2017-03-31 0 -7 -8
2016-12-31 0 -7 -7
2016-09-30 0 -6 -7
2016-06-30 -5 -6
2016-03-31 0 -5 -7
2015-12-31 0 -5 -7
2015-09-30 0 -4 -7

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Talga Resources is high growth as no earnings estimate data is available.
  • Unable to determine if Talga Resources is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:TLG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Talga Resources Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:TLG Past Financials Data
Date (Data in AUD Millions) EPS *
2018-06-30 -0.04
2018-03-31 -0.04
2017-12-31 -0.04
2017-09-30 -0.04
2017-06-30 -0.05
2017-03-31 -0.04
2016-12-31 -0.04
2016-09-30 -0.04
2016-06-30 -0.04
2016-03-31 -0.05
2015-12-31 -0.05
2015-09-30 -0.05

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Talga Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Talga Resources's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Talga Resources's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Talga Resources's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Talga Resources's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Talga Resources has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Talga Resources performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Talga Resources's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Talga Resources does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Talga Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Talga Resources's 1-year growth to the AU Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Talga Resources's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Talga Resources Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:TLG Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 0.01 -7.60 5.67
2018-03-31 0.01 -7.24 5.53
2017-12-31 0.02 -6.88 5.40 0.08
2017-09-30 0.01 -7.72 4.94 0.08
2017-06-30 0.00 -8.56 4.48
2017-03-31 0.03 -7.82 4.01 -0.27
2016-12-31 0.06 -7.08 3.54 -0.54
2016-09-30 0.03 -6.65 3.81 -0.21
2016-06-30 -6.23 4.09 0.12
2016-03-31 0.05 -6.73 4.97 0.41
2015-12-31 0.11 -7.23 5.85 0.70
2015-09-30 0.11 -6.54 5.81 0.37
2015-06-30 0.10 -5.85 5.77 0.04
2015-03-31 0.08 -5.38 5.48 0.02
2014-12-31 0.05 -4.91 5.20
2014-09-30 0.03 -3.98 4.06
2014-06-30 0.01 -3.06 2.92
2014-03-31 -0.01 -2.85 2.50
2013-12-31 -0.02 -2.63 2.08
2013-09-30 0.02 -3.44 2.99
2013-06-30 0.06 -4.24 3.91
2013-03-31 0.11 -3.92 2.75
2012-12-31 0.16 -3.60 1.58
2012-09-30 0.17 -3.16 1.16
2012-06-30 0.18 -2.72 0.73
2012-03-31 0.19 -2.48 0.87
2011-12-31 0.19 -2.25 1.02

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Talga Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Talga Resources has efficiently used its assets last year compared to the AU Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Talga Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Talga Resources's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Talga Resources has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Talga Resources's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Talga Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Talga Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Talga Resources has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Talga Resources's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Talga Resources has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Talga Resources Company Filings, last reported 5 months ago.

ASX:TLG Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 13.80 0.00 11.94
2018-03-31 13.80 0.00 11.94
2017-12-31 15.89 0.00 14.67
2017-09-30 15.89 0.00 14.67
2017-06-30 18.18 0.00 16.97
2017-03-31 18.18 0.00 16.97
2016-12-31 9.81 0.00 8.45
2016-09-30 9.81 0.00 8.45
2016-06-30 13.57 0.00 11.76
2016-03-31 13.57 0.00 11.76
2015-12-31 6.32 0.00 5.03
2015-09-30 6.32 0.00 5.03
2015-06-30 6.61 0.00 5.67
2015-03-31 6.61 0.00 5.67
2014-12-31 3.87 0.00 2.70
2014-09-30 3.87 0.00 2.70
2014-06-30 5.77 0.00 4.30
2014-03-31 5.77 0.00 4.30
2013-12-31 1.93 0.00 0.45
2013-09-30 1.93 0.00 0.45
2013-06-30 1.32 0.00 0.55
2013-03-31 1.32 0.00 0.55
2012-12-31 3.15 0.00 1.72
2012-09-30 3.15 0.00 1.72
2012-06-30 3.04 0.00 1.52
2012-03-31 3.04 0.00 1.52
2011-12-31 4.34 0.00 3.21
  • Talga Resources has no debt.
  • Talga Resources has not taken on any debt in the past 5 years.
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.

  • Talga Resources has sufficient cash runway for 2.2 years based on current free cash flow.
  • Talga Resources has sufficient cash runway for 2.9 years if free cash flow continues to grow at historical rates of 28.7% each year.
X
Financial health checks
We assess Talga Resources's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Talga Resources has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Talga Resources dividends.
If you bought A$2,000 of Talga Resources shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Talga Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Talga Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:TLG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Australia Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 35 Stocks 4.5%
Australia Market Average Dividend Yield Market Cap Weighted Average of 420 Stocks 4.7%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.8%
Australia Bottom 25% Dividend Yield 25th Percentile 2.7%
Australia Top 25% Dividend Yield 75th Percentile 6.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Talga Resources has not reported any payouts.
  • Unable to verify if Talga Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Talga Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Talga Resources has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Talga Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Talga Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Talga Resources has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Talga Resources's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Mark Thompson
COMPENSATION A$786,619
AGE 46
TENURE AS CEO 9.4 years
CEO Bio

Mr. Mark Edward Thompson, B.A. (Hons.), M.A., was a Partner at Apollo Management International, LLP. Mr. Thompson serves as Managing Director and Director of Talga Resources Ltd. Mr. Thompson is a Metals and Mining Specialist and has extensive knowledge of the mining sector in both public and private markets. He has extensive experience in raising capital for natural resource companies, portfolio management, commodity derivatives trading and personal investment in the natural resources sector. Mr. Thompson served as an Executive Officer of Apollo Global Management, LLC, which Mr. Thompson joined in May 2008. He co-founded Galena Asset Management Ltd. and served as its Chief Investment Officer. Mr. Thompson managed in excess of $750m, across four separate funds, all of which were focused on natural resources. Mr. Thompson was a Partner of Ingenious Film Partners 2 LLP. He serves as the Executive Chairman of Treliver Minerals Ltd. Mr. Thompson has been an Independent Non-Executive Director at North River Resources Plc since September 19, 2013. He has been a Director of Margaret Lake Diamonds, Inc. since April 22, 2014. He serves as a Non Executive Director of Stannum Resources Ltd, MET Trading Ltd. He holds a number of other directorships in private companies engaged in mineral exploration. He has been a Member of Advisory Board at North American Nickel Inc. since October 2015. Mr. Thompson served as a Non-Executive Director at African Eagle Resources Plc from August 14, 2013 to May 8, 2014. He served as a Director of Galena Asset Management Ltd., Apollo Management International LLP and Ingenious Film Partners 2 Llp. Mr. Thompson served as a Director of Eurotin Inc. from November 28, 2011 to August 2013. He served as a Director of Pall Mall Resources Limited, Western United Mines Limited and Cornish Minerals Limited. He served as a Non-Executive Director of POZ Minerals Limited. Mr. Thompson holds an M.A./Master's degree in Physics from Oxford University and completed his Undergraduate Degree in Physics.

CEO Compensation
  • Insufficient data for Mark to compare compensation growth.
  • Mark's remuneration is higher than average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the Talga Resources management team in years:

3.9
Average Tenure
  • The tenure for the Talga Resources management team is about average.
Management Team

Mark Thompson

TITLE
MD & Director
COMPENSATION
A$787K
AGE
46
TENURE
9.4 yrs

Marty Phillips

TITLE
Chief Operating Officer
COMPENSATION
A$492K
TENURE
1.4 yrs

Mark Thompson

TITLE
COMPENSATION
A$399K
TENURE
9.4 yrs

Dean Scarparolo

TITLE
Financial Controller & Company Secretary
TENURE
3.9 yrs

Siva Bohm

TITLE
Chief Technology Officer
TENURE
2.6 yrs

Simon Coxhell

TITLE
Consultant
AGE
54
Board of Directors Tenure

Average tenure and age of the Talga Resources board of directors in years:

3.9
Average Tenure
58
Average Age
  • The tenure for the Talga Resources board of directors is about average.
Board of Directors

Terry Stinson

TITLE
Non-Executive Chairman
COMPENSATION
A$142K
AGE
60
TENURE
1.8 yrs

Mark Thompson

TITLE
MD & Director
COMPENSATION
A$787K
AGE
46
TENURE
8.4 yrs

Mark Thompson

TITLE
COMPENSATION
A$399K
TENURE
9.4 yrs

Grant Mooney

TITLE
Non-Executive Director
COMPENSATION
A$53K
AGE
51
TENURE
4.8 yrs

Steve Lowe

TITLE
Independent Director
COMPENSATION
A$53K
AGE
58
TENURE
3 yrs

Ola Rinnan

TITLE
Non-Executive Director
COMPENSATION
A$48K
AGE
69
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Talga Resources insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
03. Oct 18 Buy Stephen Lowe Individual 02. Oct 18 02. Oct 18 70,000 A$0.45 A$31,615
16. Jul 18 Buy Terry Stinson Individual 11. Jul 18 13. Jul 18 7,899 A$0.63 A$4,976
02. Jul 18 Buy Terry Stinson Individual 29. Jun 18 29. Jun 18 37,000 A$0.68 A$24,975
X
Management checks
We assess Talga Resources's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Talga Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

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Simply Wall St News

Talga Resources Limited (ASX:TLG): What Does Its Beta Value Mean For Your Portfolio?

Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Before we go on, it's worth noting that Warren Buffett pointed out in his 2014 letter to shareholders that 'volatility is far from synonymous with risk.' Having said that, beta can still be rather useful. … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

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Should You Worry About Talga Resources Limited's (ASX:TLG) CEO Pay Check?

At the time of writing our data says that Talga Resources Limited has a market cap of AU$101m, and is paying total annual CEO compensation of AU$787k. … We examined a group of similar sized companies, with market capitalizations of below AU$278m. … It would therefore appear that Talga Resources Limited pays Mark Thompson more than the median CEO remuneration at companies of a similar size, in the same market

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What You Must Know About Talga Resources Limited's (ASX:TLG) Financial Strength

However, it also faces higher cost of capital given interest cost is generally lower than equity. … Is TLG growing fast enough to value financial flexibility over lower cost of capital. … There are well-known benefits of including debt in capital structure, primarily a lower cost of capital

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Should You Be Holding Talga Resources Limited (ASX:TLG) Right Now?

The first risk to think about is company-specific, which can be diversified away by investing in other companies in order to lower your exposure to one particular stock. … Every stock in the market is exposed to this risk, which arises from macroeconomic factors such as economic growth and geo-political tussles just to name a few. … Not every stock is exposed to the same level of market risk.

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How Does Investing In Talga Resources Limited (ASX:TLG) Impact Your Portfolio?

Check out our latest analysis for Talga Resources An interpretation of TLG's beta With a five-year beta of 0.93, Talga Resources appears to be a less volatile company compared to the rest of the market. … TLG’s beta indicates it is a stock that investors may find valuable if they want to reduce the overall market risk exposure of their stock portfolio. … As a result, the company may be less volatile relative to broad market movements, compared to a company of similar size but higher proportion of fixed assets.

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Company Info

Map
Description

Talga Resources Limited, a material technology company, explores for, develops, and commercializes graphene and graphite products for the battery, coatings, construction, and polymer composites markets worldwide. It also explores for iron ore, cobalt, copper, and gold deposits. The company holds a 100% interest in the Ahmavuoma, Aitik East, Jalkunen, Kiskama, Lautakoski, Masugnsbyn, Piteå, Raitajärvi, and Vittangi projects located in Norrbotten County, Sweden. It also operates a research and development test processing facility in Germany; and conducts graphite/graphene research and development in United Kingdom. The company was formerly known as Talga Gold Limited and changed its name to Talga Resources Limited in November 2012. Talga Resources Limited was incorporated in 2009 and is headquartered in West Perth, Australia.

Details
Name: Talga Resources Limited
TLG
Exchange: ASX
Founded: 2009
A$88,247,806
217,895,818
Website: http://www.talgaresources.com
Address: Talga Resources Limited
2 Richardson Street,
Suite 3,
West Perth,
Western Australia, 6005,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX TLG Ordinary Shares Australian Securities Exchange AU AUD 09. Jul 2010
OTCPK TLGR.F Ordinary Shares Pink Sheets LLC US USD 09. Jul 2010
DB TGX Ordinary Shares Deutsche Boerse AG DE EUR 09. Jul 2010
CHIA TLG Ordinary Shares Chi-X Australia AU AUD 09. Jul 2010
ASX TLGNC NPV DFD 22/01/19(EX-OPTION) Australian Securities Exchange AU AUD 18. Dec 2018
Number of employees
Current staff
Staff numbers
0
Talga Resources employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2018/12/18 10:34
End of day share price update: 2018/12/18 00:00
Last earnings filing: 2018/09/27
Last earnings reported: 2018/06/30
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.