ASX:VMC

Stock Analysis Report

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Executive Summary

Venus Metals Corporation Limited engages in the exploration of mineral tenements in Western Australia. More Details


Snowflake Analysis

Mediocre balance sheet with questionable track record.

Share Price & News

How has Venus Metals's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: VMC has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-12.3%

VMC

-0.9%

AU Metals and Mining

-0.3%

AU Market


1 Year Return

38.9%

VMC

13.1%

AU Metals and Mining

-6.9%

AU Market

Return vs Industry: VMC exceeded the Australian Metals and Mining industry which returned 13.1% over the past year.

Return vs Market: VMC exceeded the Australian Market which returned -6.9% over the past year.


Shareholder returns

VMCIndustryMarket
7 Day-12.3%-0.9%-0.3%
30 Day8.7%0.5%3.7%
90 Day0%-2.1%3.8%
1 Year38.9%38.9%19.0%13.1%-3.5%-6.9%
3 Year108.3%108.3%58.6%36.3%18.1%3.0%
5 Year45.1%42.9%141.4%97.3%44.2%15.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

82.13x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: VMC is poor value based on its PE Ratio (82.1x) compared to the AU Metals and Mining industry average (11.7x).

PE vs Market: VMC is poor value based on its PE Ratio (82.1x) compared to the Australian market (21.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate VMC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: VMC is overvalued based on its PB Ratio (3.1x) compared to the AU Metals and Mining industry average (2.6x).


Next Steps

Future Growth

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

2.8%

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 Venus Metals 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 Venus Metals performed over the past 5 years?

-4.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VMC has a high level of non-cash earnings.

Growing Profit Margin: VMC became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: VMC has become profitable over the past 5 years, growing earnings by -4.6% per year.

Accelerating Growth: VMC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: VMC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (22.2%).


Return on Equity

High ROE: VMC's Return on Equity (3.8%) is considered low.


Next Steps

Financial Health

How is Venus Metals's financial position?


Financial Position Analysis

Short Term Liabilities: VMC's short term assets (A$9.7M) exceed its short term liabilities (A$946.2K).

Long Term Liabilities: VMC has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: VMC's debt to equity ratio (0.7%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if VMC's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: VMC's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if VMC's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Venus Metals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

5.8yrs

Average board tenure


CEO

Matt Hogan (55 yo)

no data

Tenure

AU$517,997

Compensation

Mr. Matthew Vernon Hogan, MAICD, has been Managing Director of Venus Metals Corporation Limited since May 21, 2018. Mr. Hogan served as the Managing Director of Venus Metals Corporation Limited since March ...


CEO Compensation Analysis

Compensation vs Market: Matt's total compensation ($USD368.39K) is above average for companies of similar size in the Australian market ($USD277.63K).

Compensation vs Earnings: Matt's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Matthew Hogan
MD & Directorno dataAU$518.00k0.87%
A$ 349.8k
Selvakumar Arunachalam
GM & Executive Director9.25yrsAU$326.45k0.12%
A$ 46.4k
Barry Fehlberg
Independent Non-Executive Director2.42yrsAU$126.08k3.03%
A$ 1.2m
Peter Hawkins
Independent Chairman of the Board1.25yrsAU$114.49kno data

5.8yrs

Average Tenure

Experienced Board: VMC's board of directors are considered experienced (5.8 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 26.7%.


Top Shareholders

Company Information

Venus Metals Corporation Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Venus Metals Corporation Limited
  • Ticker: VMC
  • Exchange: ASX
  • Founded: 2006
  • Industry: Precious Metals and Minerals
  • Sector: Materials
  • Market Cap: AU$40.036m
  • Shares outstanding: 151.08m
  • Website: https://www.venusmetals.com.au

Number of Employees


Location

  • Venus Metals Corporation Limited
  • 8 Alvan Street
  • Unit 2
  • Subiaco
  • Western Australia
  • 6008
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VMCASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJun 2007
VMCCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJun 2007

Biography

Venus Metals Corporation Limited engages in the exploration of mineral tenements in Western Australia. It primarily explores for vanadium, cobalt, nickel, gold, lithium, and platinum-group elements. It hol ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/26 10:33
End of Day Share Price2020/10/26 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.