ASX:TSL

Stock Analysis Report

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Executive Summary

Titanium Sands Limited explores for mineral properties in Australia and Sri Lanka.


Snowflake Analysis

Excellent balance sheet with weak fundamentals.

Share Price & News

How has Titanium Sands's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: TSL's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

26.3%

TSL

0.7%

AU Metals and Mining

5.0%

AU Market


1 Year Return

200.0%

TSL

3.4%

AU Metals and Mining

-10.3%

AU Market

Return vs Industry: TSL exceeded the Australian Metals and Mining industry which returned 1.5% over the past year.

Return vs Market: TSL exceeded the Australian Market which returned -11.2% over the past year.


Shareholder returns

TSLIndustryMarket
7 Day26.3%0.7%5.0%
30 Day37.1%12.1%8.8%
90 Day29.7%9.1%-9.9%
1 Year200.0%200.0%8.6%3.4%-6.6%-10.3%
3 Yearn/a59.8%39.1%11.1%-3.5%
5 Year128.6%128.6%99.9%62.0%28.9%1.1%

Price Volatility Vs. Market

How volatile is Titanium Sands's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Titanium Sands undervalued compared to its fair value and its price relative to the market?

4.07x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: TSL is overvalued based on its PB Ratio (4.1x) compared to the AU Metals and Mining industry average (1.4x).


Next Steps

Future Growth

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

4.5%

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 Titanium Sands 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.


Next Steps

Past Performance

How has Titanium Sands performed over the past 5 years?

-19.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TSL is currently unprofitable.

Growing Profit Margin: TSL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TSL is unprofitable, and losses have increased over the past 5 years at a rate of -19.1% per year.

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

Earnings vs Industry: TSL is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-7.9%).


Return on Equity

High ROE: TSL has a negative Return on Equity (-18.57%), as it is currently unprofitable.


Next Steps

Financial Health

How is Titanium Sands's financial position?


Financial Position Analysis

Short Term Liabilities: TSL's short term assets (A$2.1M) exceed its short term liabilities (A$272.9K).

Long Term Liabilities: TSL has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: TSL is debt free.

Reducing Debt: TSL has no debt compared to 5 years ago when its debt to equity ratio was 2.7%.


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: TSL has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: TSL has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 19.7% each year.


Next Steps

Dividend

What is Titanium Sands's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

AU$161k

CEO Compensation


CEO

Donald Searle (66yo)

no data

Tenure

AU$160,910

Compensation

Dr. Donald James Searle, B.Sc, PhD, MAusIMM, MAICD, serves as Joint Managing Director at Kinetiko Energy Ltd. Dr. Searle serves as the Chief Executive Officer and Managing Director at Titanium Sands Ltd. D ...


CEO Compensation Analysis

Compensation vs Market: Donald's total compensation ($USD107.00K) is below average for companies of similar size in the Australian market ($USD251.35K).

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


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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 22.6%.


Top Shareholders

Company Information

Titanium Sands Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Titanium Sands Limited
  • Ticker: TSL
  • Exchange: ASX
  • Founded:
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$42.047m
  • Shares outstanding: 778.65m
  • Website: https://www.titaniumsands.com.au

Location

  • Titanium Sands Limited
  • 216 St. Georges Terrace
  • Level 11
  • Perth
  • Western Australia
  • 6000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TSLASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJan 1992
TSLCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJan 1992
TSLASX (Australian Securities Exchange)NPVAUAUDDec 2016
TSLCHIA (Chi-X Australia)NPVAUAUDDec 2016

Biography

Titanium Sands Limited explores for mineral properties in Australia and Sri Lanka. It holds five exploration licenses for heavy mineral sands located in North West Sri Lanka on Mannar Island and the adjacent mainland coast. The company was formerly known as Windimurra Vanadium Limited and changed its name to Titanium Sands Limited in December 2016. The company is based in Perth, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/27 10:34
End of Day Share Price2020/05/27 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


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.