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TMT

Technology Metals AustraliaASX:TMT Stock Report

Market Cap

AU$71.8m

7D

1.3%

1Y

6.9%

Updated

25 Oct, 2021

Data

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

TMT Overview

Technology Metals Australia Limited engages in identifying and exploring mineral projects in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Technology Metals Australia
Historical stock prices
Current Share PriceAU$0.39
52 Week HighAU$0.29
52 Week LowAU$0.48
Beta1.5
1 Month Change-7.23%
3 Month Change10.00%
1 Year Change6.94%
3 Year Change-20.62%
5 Year Changen/a
Change since IPO63.83%

Recent News & Updates

Aug 31
Companies Like Technology Metals Australia (ASX:TMT) Can Afford To Invest In Growth

Companies Like Technology Metals Australia (ASX:TMT) Can Afford To Invest In Growth

There's no doubt that money can be made by owning shares of unprofitable businesses. By way of example, Technology...

May 12
Companies Like Technology Metals Australia (ASX:TMT) Can Afford To Invest In Growth

Companies Like Technology Metals Australia (ASX:TMT) Can Afford To Invest In Growth

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, Technology Metals...

Mar 16
How Many Technology Metals Australia Limited (ASX:TMT) Shares Did Insiders Buy, In The Last Year?

How Many Technology Metals Australia Limited (ASX:TMT) Shares Did Insiders Buy, In The Last Year?

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On...

Shareholder Returns

TMTAU Metals and MiningAU Market
7D1.3%-1.7%0.6%
1Y6.9%10.8%21.3%

Return vs Industry: TMT underperformed the Australian Metals and Mining industry which returned 10.8% over the past year.

Return vs Market: TMT underperformed the Australian Market which returned 21.3% over the past year.

Price Volatility

Is TMT's price volatile compared to industry and market?
TMT volatility
TMT Beta1.5
Industry Beta0.97
Market Beta1

Stable Share Price: TMT is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: TMT's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2016n/aIan Prenticehttps://www.tmtlimited.com.au

Technology Metals Australia Limited engages in identifying and exploring mineral projects in Australia. Its flagship project is the Gabanintha Vanadium Project located in the mid-west region of Western Australia. The company was incorporated in 2016 and is based in Subiaco, Australia.

Technology Metals Australia Fundamentals Summary

How do Technology Metals Australia's earnings and revenue compare to its market cap?
TMT fundamental statistics
Market CapAU$71.82m
Earnings (TTM)-AU$1.57m
Revenue (TTM)n/a

0x

P/S Ratio

-45.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TMT income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$1.57m
Earnings-AU$1.57m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0084
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did TMT perform over the long term?

See historical performance and comparison

Valuation

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

2.19x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: TMT is good value based on its PB Ratio (2.2x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

-0.5%

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 Technology Metals Australia 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 Technology Metals Australia performed over the past 5 years?

21.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TMT is currently unprofitable.

Growing Profit Margin: TMT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TMT is unprofitable, but has reduced losses over the past 5 years at a rate of 21.2% per year.

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

Earnings vs Industry: TMT 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: TMT has a negative Return on Equity (-4.77%), as it is currently unprofitable.


Financial Health

How is Technology Metals Australia's financial position?


Financial Position Analysis

Short Term Liabilities: TMT's short term assets (A$5.9M) exceed its short term liabilities (A$667.2K).

Long Term Liabilities: TMT has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: TMT is debt free.

Reducing Debt: TMT 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: TMT has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: TMT has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 10% each year


Dividend

What is Technology Metals Australia current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

5.4yrs

Average board tenure


CEO

Ian Prentice

3.42yrs

Tenure

AU$316,949

Compensation

Mr. Ian Prentice, B.Sc (Geology), B.Sc (Geology), Grad. Dip SIA, MJVUSIMM has been the Managing Director of Technology Metals Australia Limited since May 11, 2018. Mr. Prentice serves as the Managing Direc...


CEO Compensation Analysis

Compensation vs Market: Ian's total compensation ($USD237.59K) is about average for companies of similar size in the Australian market ($USD302.38K).

Compensation vs Earnings: Ian's compensation has increased whilst the company is unprofitable.


Board Members

Experienced Board: TMT's board of directors are considered experienced (5.4 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 substantially diluted in the past year, with total shares outstanding growing by 51.4%.


Top Shareholders

Company Information

Technology Metals Australia Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Technology Metals Australia Limited
  • Ticker: TMT
  • Exchange: ASX
  • Founded: 2016
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$71.816m
  • Shares outstanding: 186.54m
  • Website: https://www.tmtlimited.com.au

Location

  • Technology Metals Australia Limited
  • 330 Churchill Avenue
  • Suite 9
  • Subiaco
  • Western Australia
  • 6008
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 16:58
End of Day Share Price2021/10/25 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.