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VRX

VRX SilicaASX:VRX Stock Report

Market Cap

AU$113.3m

7D

0%

1Y

20.6%

Updated

26 Oct, 2021

Data

Company Financials
VRX fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

VRX Overview

VRX Silica Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of mineral properties in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for VRX Silica
Historical stock prices
Current Share PriceAU$0.20
52 Week HighAU$0.17
52 Week LowAU$0.42
Beta1.36
1 Month Change-6.82%
3 Month Change-22.64%
1 Year Change20.59%
3 Year Change57.69%
5 Year Change791.30%
Change since IPO-6.82%

Recent News & Updates

Mar 17
We're Not Worried About VRX Silica's (ASX:VRX) Cash Burn

We're Not Worried About VRX Silica's (ASX:VRX) Cash Burn

Just because a business does not make any money, does not mean that the stock will go down. By way of example, VRX...

Shareholder Returns

VRXAU Metals and MiningAU Market
7D0%-0.4%0.8%
1Y20.6%15.6%24.4%

Return vs Industry: VRX exceeded the Australian Metals and Mining industry which returned 15.6% over the past year.

Return vs Market: VRX underperformed the Australian Market which returned 24.4% over the past year.

Price Volatility

Is VRX's price volatile compared to industry and market?
VRX volatility
VRX Beta1.36
Industry Beta0.97
Market Beta1

Stable Share Price: VRX is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: VRX's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2010n/aBruce Maluishhttps://vrxsilica.com.au

VRX Silica Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of mineral properties in Australia. The company explores for silica. It owns 100% interests in the Arrowsmith and the Muchea silica sand projects located to the north of Perth in Western Australia; and the Boyatup silica sand project located to the east of the port town of Esperance.

VRX Silica Fundamentals Summary

How do VRX Silica's earnings and revenue compare to its market cap?
VRX fundamental statistics
Market CapAU$113.35m
Earnings (TTM)-AU$1.09m
Revenue (TTM)AU$1.36m

83.7x

P/S Ratio

-104.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
VRX income statement (TTM)
RevenueAU$1.36m
Cost of RevenueAU$0
Gross ProfitAU$1.36m
ExpensesAU$2.45m
Earnings-AU$1.09m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.002
Gross Margin100.00%
Net Profit Margin-80.32%
Debt/Equity Ratio0%

How did VRX perform over the long term?

See historical performance and comparison

Valuation

Is VRX Silica undervalued compared to its fair value and its price relative to the market?

5.65x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: VRX is overvalued based on its PB Ratio (5.7x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is VRX Silica 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 VRX Silica 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 VRX Silica performed over the past 5 years?

26.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VRX is currently unprofitable.

Growing Profit Margin: VRX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: VRX is unprofitable, but has reduced losses over the past 5 years at a rate of 26.6% per year.

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

Earnings vs Industry: VRX 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: VRX has a negative Return on Equity (-5.43%), as it is currently unprofitable.


Financial Health

How is VRX Silica's financial position?


Financial Position Analysis

Short Term Liabilities: VRX's short term assets (A$10.7M) exceed its short term liabilities (A$640.9K).

Long Term Liabilities: VRX's short term assets (A$10.7M) exceed its long term liabilities (A$188.2K).


Debt to Equity History and Analysis

Debt Level: VRX is debt free.

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

Forecast Cash Runway: VRX has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 21.4% each year.


Dividend

What is VRX Silica current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

11.1yrs

Average board tenure


CEO

Bruce Maluish (65 yo)

11.67yrs

Tenure

AU$311,875

Compensation

Mr. Bruce Dennis Maluish, BSc (Surv), Dip Met Min, serves as Managing Director of VRX Silica Limited (formerly known as Ventnor Resources Limited). Mr. Maluish served as the Business Development Manager at...


CEO Compensation Analysis

Compensation vs Market: Bruce's total compensation ($USD233.79K) is about average for companies of similar size in the Australian market ($USD301.38K).

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


Board Members

Experienced Board: VRX's board of directors are seasoned and experienced ( 11.1 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 24.2%.


Top Shareholders

Company Information

VRX Silica Limited's employee growth, exchange listings and data sources


Key Information

  • Name: VRX Silica Limited
  • Ticker: VRX
  • Exchange: ASX
  • Founded: 2010
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$113.345m
  • Shares outstanding: 552.90m
  • Website: https://vrxsilica.com.au

Location

  • VRX Silica Limited
  • 6 Thelma Street
  • Level 1
  • 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 Analysis2021/10/26 16:26
End of Day Share Price2021/10/26 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.