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Venturex Resources

ASX:VXR
Snowflake Description

Exceptional growth potential and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
VXR
ASX
A$53M
Market Cap
  1. Home
  2. AU
  3. Materials
Company description

Venturex Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral resources in Australia. The last earnings update was 72 days ago. More info.


Add to Portfolio Compare Print
  • Venturex Resources has significant price volatility in the past 3 months.
VXR Share Price and Events
7 Day Returns
-5%
ASX:VXR
-0.4%
AU Metals and Mining
2.5%
AU Market
1 Year Returns
-9.5%
ASX:VXR
5.6%
AU Metals and Mining
5%
AU Market
VXR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Venturex Resources (VXR) -5% -13.6% -24% -9.5% 153.3% 111.1%
AU Metals and Mining -0.4% -0.4% 0.1% 5.6% 76.8% 10.5%
AU Market 2.5% 2.4% 4.8% 5% 19.3% 8.7%
1 Year Return vs Industry and Market
  • VXR underperformed the Metals and Mining industry which returned 5.6% over the past year.
  • VXR underperformed the Market in Australia which returned 5% over the past year.
Price Volatility
VXR
Industry
5yr Volatility vs Market

VXR Value

 Is Venturex 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
Here we compare the current share price of Venturex Resources to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Venturex Resources.

ASX:VXR Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.4%
Perpetual Growth Rate 10-Year AU Government Bond Rate 2.3%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for ASX:VXR
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year AU Govt Bond Rate 2.3%
Equity Risk Premium S&P Global 6%
Metals and Mining Unlevered Beta Simply Wall St/ S&P Global 1.02
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.019 (1 + (1- 30%) (1.97%))
1.022
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.02
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.31% + (1.022 * 5.96%)
8.4%

Discounted Cash Flow Calculation for ASX:VXR using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Venturex Resources is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

ASX:VXR DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (AUD, Millions) Source Present Value
Discounted (@ 8.4%)
2019 -7.00 Analyst x1 -6.46
2020 -156.00 Analyst x1 -132.75
2021 26.00 Analyst x1 20.41
2022 24.48 Est @ -5.84% 17.73
2023 23.65 Est @ -3.4% 15.80
2024 23.25 Est @ -1.68% 14.33
2025 23.14 Est @ -0.49% 13.15
2026 23.22 Est @ 0.35% 12.18
2027 23.44 Est @ 0.94% 11.34
2028 23.76 Est @ 1.35% 10.60
Present value of next 10 years cash flows A$-23.67
ASX:VXR DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= A$23.76 × (1 + 2.31%) ÷ (8.4% – 2.31%)
A$399.04
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= A$399.04 ÷ (1 + 8.4%)10
A$178.08
ASX:VXR Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= A$-23.67 + A$178.08
A$154.40
Equity Value per Share
(AUD)
= Total value / Shares Outstanding
= A$154.40 / 279.86
A$0.55
ASX:VXR Discount to Share Price
Calculation Result
Value per share (AUD) From above. A$0.55
Current discount Discount to share price of A$0.19
= -1 x (A$0.19 - A$0.55) / A$0.55
65.6%

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

Current Discount
Amount off the current price Venturex Resources is available for.
Intrinsic value
>50%
Share price is A$0.19 vs Future cash flow value of A$0.55171
Current Discount Checks
For Venturex Resources to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Venturex Resources's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Venturex Resources's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 Venturex Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Venturex Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:VXR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$-0.01
ASX:VXR Share Price ** ASX (2019-05-24) in AUD A$0.19
Australia Metals and Mining Industry PE Ratio Median Figure of 78 Publicly-Listed Metals and Mining Companies 12.1x
Australia Market PE Ratio Median Figure of 542 Publicly-Listed Companies 16.39x

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

** Primary Listing of Venturex Resources.

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

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

= 0.19 ÷ -0.01

-18.96x

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

  • Venturex Resources is loss making, we can't compare its value to the AU Metals and Mining industry average.
  • Venturex Resources is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Venturex Resources's expected growth come at a high price?
Raw Data
ASX:VXR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -18.96x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
59.6%per year
Australia Metals and Mining Industry PEG Ratio Median Figure of 38 Publicly-Listed Metals and Mining Companies 0.8x
Australia Market PEG Ratio Median Figure of 358 Publicly-Listed Companies 1.43x

*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 Venturex Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Venturex Resources's assets?
Raw Data
ASX:VXR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.09
ASX:VXR Share Price * ASX (2019-05-24) in AUD A$0.19
Australia Metals and Mining Industry PB Ratio Median Figure of 585 Publicly-Listed Metals and Mining Companies 1.48x
Australia Market PB Ratio Median Figure of 1,680 Publicly-Listed Companies 1.66x
ASX:VXR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.19 ÷ 0.09

2.13x

* Primary Listing of Venturex Resources.

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

  • Venturex Resources is overvalued based on assets compared to the AU Metals and Mining industry average.
X
Value checks
We assess Venturex 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. Venturex Resources has a total score of 2/6, 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.

VXR Future Performance

 How is Venturex Resources expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

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
59.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Venturex Resources expected to grow at an attractive rate?
  • Venturex Resources's earnings growth is expected to exceed the low risk savings rate of 2.3%.
Growth vs Market Checks
  • Venturex Resources's earnings growth is expected to exceed the Australia market average.
  • Venturex Resources's revenue growth is expected to exceed the Australia market average.
Annual Growth Rates Comparison
Raw Data
ASX:VXR Future Growth Rates Data Sources
Data Point Source Value (per year)
ASX:VXR Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 59.6%
ASX:VXR Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 55.9%
Australia Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 2.4%
Australia Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 1%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.9%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.2%

*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:VXR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:VXR Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-06-30 264 106 96 1
2022-06-30 253 91 83 1
2021-06-30 206 73 73 1
2020-06-30 39 8 4 1
2019-06-30 0 -5 -5 2
ASX:VXR Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 -1 -2
2018-09-30 0 -2 -2
2018-06-30 0 -2 -2
2018-03-31 0 -2 -2
2017-12-31 0 -2 -2
2017-09-30 0 -2 -3
2017-06-30 0 -2 -3
2017-03-31 0 -1 -2
2016-12-31 1 -1 -2
2016-09-30 1 0 -3
2016-06-30 1 0 -3
2016-03-31 0 0 -22

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Venturex Resources's earnings are expected to grow significantly at over 20% yearly.
  • Venturex Resources's revenue is expected to grow significantly at over 20% yearly.
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:VXR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Venturex Resources Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:VXR Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-06-30
2022-06-30
2021-06-30
2020-06-30
2019-06-30
ASX:VXR Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 -0.01
2018-09-30 -0.01
2018-06-30 -0.01
2018-03-31 -0.01
2017-12-31 -0.01
2017-09-30 -0.01
2017-06-30 -0.02
2017-03-31 -0.02
2016-12-31 -0.02
2016-09-30 -0.02
2016-06-30 -0.03
2016-03-31 -0.21

*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.
  • Venturex Resources is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Venturex 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.
Venturex Resources has a total score of 6/6, 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.

VXR Past Performance

  How has Venturex 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 Venturex 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.
  • Venturex Resources does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Venturex Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Venturex Resources's 1-year growth to the AU Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Venturex 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 Venturex Resources Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:VXR Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 0.04 -2.41 2.72
2018-09-30 0.09 -2.44 2.44
2018-06-30 0.14 -2.48 2.16
2018-03-31 0.13 -2.49 2.08
2017-12-31 0.13 -2.49 2.08
2017-09-30 0.08 -2.53 2.11
2017-06-30 0.04 -2.56 2.13
2017-03-31 0.29 -2.38 2.06
2016-12-31 0.53 -2.19 1.99
2016-09-30 0.66 -2.59 1.69
2016-06-30 0.79 -2.98 1.39
2016-03-31 0.30 -22.35 1.30
2015-12-31 -0.20 -41.73 1.21
2015-09-30 0.08 -41.55 1.81
2015-06-30 0.37 -41.38 2.41
2015-03-31 0.69 -24.53 2.59
2014-12-31 1.02 -7.69 2.77
2014-09-30 0.60 -6.20 2.74
2014-06-30 0.17 -4.71 2.72
2014-03-31 -5.45 3.18
2013-12-31 -7.96 3.47
2013-09-30 -11.36 3.59
2013-06-30 -14.76 3.71
2013-03-31 -10.67 3.79
2012-12-31 -6.58 3.87
2012-09-30 0.63 3.82
2012-06-30 7.85 3.77

*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 Venturex 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 Venturex 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 Venturex 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 Venturex 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.
Venturex 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.

VXR Health

 How is Venturex 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 Venturex Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Venturex Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Venturex Resources's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Venturex 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.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.8x debt.
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 Venturex Resources Company Filings, last reported 4 months ago.

ASX:VXR Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 23.04 1.05 2.51
2018-09-30 23.04 1.05 2.51
2018-06-30 20.50 0.05 2.62
2018-03-31 20.50 0.05 2.62
2017-12-31 21.86 0.00 5.00
2017-09-30 21.86 0.00 5.00
2017-06-30 15.43 0.04 0.96
2017-03-31 15.43 0.04 0.96
2016-12-31 16.78 0.00 2.73
2016-09-30 16.78 0.00 2.73
2016-06-30 12.90 0.03 0.73
2016-03-31 12.90 0.03 0.73
2015-12-31 13.94 0.00 0.95
2015-09-30 13.94 0.00 0.95
2015-06-30 14.85 0.03 1.06
2015-03-31 14.85 0.03 1.06
2014-12-31 56.75 0.00 1.54
2014-09-30 56.75 0.00 1.54
2014-06-30 56.00 0.02 1.16
2014-03-31 58.28 0.02 1.16
2013-12-31 62.64 0.00 3.45
2013-09-30 62.64 0.00 3.45
2013-06-30 61.33 0.04 3.27
2013-03-31 61.33 0.04 3.27
2012-12-31 67.14 0.00 4.65
2012-09-30 67.14 0.00 4.65
2012-06-30 68.09 0.00 6.56
  • Venturex Resources's level of debt (4.5%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 4.5% today).
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.

  • Venturex Resources has less than a year of cash runway based on current free cash flow.
  • Venturex Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 40.8% each year.
X
Financial health checks
We assess Venturex 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. Venturex Resources has a total score of 2/6, 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.

VXR Dividends

 What is Venturex 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 Venturex Resources dividends.
If you bought A$2,000 of Venturex 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 Venturex Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Venturex 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:VXR 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 2 Analyst Estimates (S&P Global) See Below
Australia Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 36 Stocks 3.8%
Australia Market Average Dividend Yield Market Cap Weighted Average of 414 Stocks 4.2%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.5%
Australia Bottom 25% Dividend Yield 25th Percentile 2.6%
Australia Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

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

ASX:VXR Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
2023-06-30
2022-06-30
2021-06-30
2020-06-30
2019-06-30

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

  • Unable to perform a dividend volatility check as Venturex Resources has not reported any payouts.
  • Unable to verify if Venturex Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Venturex Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Venturex 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 Venturex Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.5%) - 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 Venturex Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Venturex 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.

VXR Management

 What is the CEO of Venturex 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
AJ Saverimutto
COMPENSATION A$347,045
TENURE AS CEO 1.1 years
CEO Bio

Mr. Ajanth Saverimutto, also known as AJ, has been Managing Director of Venturex Resources Ltd. since April 5, 2018 and serves as its Director. Mr. Saverimutto is a Mining Engineer with extensive senior management experience, served as the founder and Managing Director of privatelyheld Australian company Salt Lake Mining Pty Ltd. During his time with Salt Lake Mining, Mr. Saverimutto led the acquisition of a high quality asset portfolio including the Beta Hunt nickel-gold mine in Western Australia, which was successfully brought out of Care & Maintenance, Financed and into production, producing both Nickel and Gold. Mr. Saverimutto has also held senior management roles including Chief Operating Officer of ASX-listed gold miner and explorer Unity Mining, Mining Manager for BHP Billiton – Stainless Steel Materials and Mining Manager and Chief Mining Engineer for leading international copper producer FreeportMcMoRan.

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

AJ Saverimutto

TITLE
MD & Director
COMPENSATION
A$347K
TENURE
1.1 yrs

Trevor Hart

TITLE
Company Secretary
COMPENSATION
A$206K
TENURE
6.1 yrs
Board of Directors Tenure

Average tenure of the Venturex Resources board of directors in years:

3.8
Average Tenure
  • The tenure for the Venturex Resources board of directors is about average.
Board of Directors

Tony Kiernan

TITLE
Independent Non-Executive Chairman
COMPENSATION
A$89K
AGE
67
TENURE
8.8 yrs

AJ Saverimutto

TITLE
MD & Director
COMPENSATION
A$347K

Trevor Hart

TITLE
Company Secretary
COMPENSATION
A$206K
TENURE
0.8 yrs

Anthony Reilly

TITLE
Independent Executive Director
COMPENSATION
A$255K
TENURE
3.8 yrs

Darren Stralow

TITLE
Non-Executive Director
AGE
38
TENURE
3.8 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Venturex Resources insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
21. May 19 Buy Anthony Kiernan Individual 17. May 19 20. May 19 708,309 A$0.05 A$37,772
16. May 19 Buy Anthony Reilly Individual 10. May 19 10. May 19 64,443 A$0.19 A$12,566
16. May 19 Buy Anthony Kiernan Individual 16. May 19 16. May 19 61,141 A$0.20 A$12,028
16. May 19 Buy Ajanth Saverimutto Individual 15. May 19 15. May 19 50,000 A$0.20 A$9,750
23. Aug 18 Buy Anthony Reilly Individual 21. Aug 18 22. Aug 18 1,875,000 A$0.01 A$22,640
X
Management checks
We assess Venturex 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. Venturex 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.

VXR News

Simply Wall St News

Do Institutions Own Venturex Resources Limited (ASX:VXR) Shares?

A look at the shareholders of Venturex Resources Limited (ASX:VXR) can tell us which group is most powerful. … With a market capitalization of AU$58m, Venturex Resources is a small cap stock, so it might not be well known by many institutional investors. … View our latest analysis for Venturex Resources

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Have Insiders Been Buying Venturex Resources Limited (ASX:VXR) Shares This Year?

Unfortunately, there are also plenty of examples of share prices declining precipitously after insiders have sold shares. … So shareholders might well want to know whether insiders have been buying or selling shares in Venturex Resources Limited (ASX:VXR). … In the last twelve months there was more buying than selling by Venturex Resources insiders

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Venturex Resources Limited (ASX:VXR): Is Breakeven Near?

Venturex Resources Limited's (ASX:VXR):. … Venturex Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral resources in Australia. … Check out our latest analysis for Venturex Resources

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Was Venturex Resources Limited's (ASX:VXR) Earnings Decline Part Of A Broader Industry Downturn?

See our latest analysis for Venturex Resources Did VXR perform worse than its track record and industry? … To account for any quarterly or half-yearly updates, I use data from the most recent 12 months, which annualizes the most recent half-year data, or in some cases, the latest annual report is already the most recent financial year data. … Each year, for the past half a decade Venturex Resources has seen an annual decline in revenue of -25.58%, on average.

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Who Are The Largest Shareholders In Venturex Resources Limited (ASX:VXR)?

Insider Ownership I find insiders are another important group of stakeholders, who are directly involved in making key decisions related to the use of capital. … 6.20% ownership makes insiders an important shareholder group. … With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors.

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What's The Market Sentiment Around Loss-Making Venturex Resources Limited (ASX:VXR)?

In this article, I will touch on the expectations for VXR’s growth and when analysts expect the company to become profitable. … For a more comprehensive look at VXR, take a look at VXR’s company page on Simply Wall St. … Management Team: An experienced management team on the helm increases our confidence in the business – take a look at who sits on Venturex Resources’s board and the CEO’s back ground.

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Should You Buy Venturex Resources Limited (ASX:VXR)?

I find that Venturex Resources’s ratio of 2.71x is trading slightly above its industry peers’ ratio of 1.65x, which means if you buy Venturex Resources today, you’d be paying a relatively fair price for it. … And if you believe Venturex Resources should be trading in this range, then there isn’t really any room for the share price grow beyond what it’s currently trading. … Will you have enough confidence to invest in the company should the price drop below its fair value?

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Is Venturex Resources Limited (ASX:VXR) Cheap And High Growth?

Venturex Resources Limited (ASX:VXR), a AUDA$53.98M small-cap, is a metals and mining operating in an industry which is sensitive to changes in the business cycle, as it supplies materials for construction activities. … See our latest analysis for Venturex Resources What’s the catalyst for Venturex Resources's sector growth? … If Venturex Resources has been on your watchlist for a while, now may be the time to enter into the stock, if you like its ability to deliver growth and are not highly concentrated in the metals and mining industry.

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How Does Venturex Resources Limited's (ASX:VXR) EPS Growth Stack Up Against Industry Performance?

Assessing Venturex Resources Limited's (ASX:VXR) past track record of performance is a useful exercise for investors. … Check out our latest analysis for Venturex Resources Commentary On VXR's Past Performance To account for any quarterly or half-yearly updates, I use the ‘latest twelve-month’ data, which annualizes the latest 6-month earnings release, or some times, the latest annual report is already the most recent financial data. … Venturex Resources's most recent twelve-month earnings -A$2.6M, which compared to last year’s figure, has become less negative.

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How Does Investing In Venturex Resources Limited (ASX:VXR) Impact Your Portfolio?

A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … Venturex Resources has a beta of 3.15, which means that the percentage change in its stock value will be higher than the entire market in times of booms and busts. … VXR, with its market capitalisation of AUD A$68.37M, is a small-cap stock, which generally have higher beta than similar companies of larger size.

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VXR Company Info

Description

Venturex Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral resources in Australia. It primarily explores for copper, zinc, lead, silver, and gold deposits. The company’s flagship project is the Sulphur Springs project that includes Sulphur Springs and Kangaroo Caves volcanogenic massive sulphide deposits and tenements covering 6,000 hectares of the Panorama Trend located near Port Hedland, Pilbara, Western Australia. Its principal project also includes the Whim Creek project, which comprises the Mons Cupri, Whim Creek, Salt Creek, and Evelyn VMS deposits, as well as tenements covering 18,000 hectares of the Whim Creek and Mallina basins situated to the south west of Port Hedland, Western Australia. The company was incorporated in 2006 and is based in West Perth, Australia.

Details
Name: Venturex Resources Limited
VXR
Exchange: ASX
Founded: 2006
A$53,173,903
279,862,648
Website: http://www.venturexresources.com
Address: Venturex Resources Limited
91 Havelock Street,
Level 2,
West Perth,
Western Australia, 6005,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX VXR Ordinary Shares Australian Securities Exchange AU AUD 27. Apr 2007
DB IHB Ordinary Shares Deutsche Boerse AG DE EUR 27. Apr 2007
Number of employees
Current staff
Staff numbers
0
Venturex Resources employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/24 10:33
End of day share price update: 2019/05/24 00:00
Last estimates confirmation: 2019/05/08
Last earnings filing: 2019/03/13
Last earnings reported: 2018/12/31
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.