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WAK

WA KaolinASX:WAK Stock Report

Market Cap

AU$59.4m

7D

5.0%

1Y

n/a

Updated

16 Oct, 2021

Data

Company Financials
WAK fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

WAK Overview

WA Kaolin Limited engages in the exploration and development of infrared mineral resource of kaolinised granite in Australia.

WA Kaolin Competitors

BASF

XTRA:BAS

€59.7b

Imerys

ENXTPA:NK

€3.2b

SCR-Sibelco

ENXTBR:094426466

€2.4b

I-Minerals

TSXV:IMA

CA$2.8m

Price History & Performance

Summary of all time highs, changes and price drops for WA Kaolin
Historical stock prices
Current Share PriceAU$0.21
52 Week HighAU$0.16
52 Week LowAU$0.32
Beta0
1 Month Change-6.67%
3 Month Change-16.00%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-14.29%

Recent News & Updates

Shareholder Returns

WAKAU Metals and MiningAU Market
7D5.0%4.3%0.9%
1Yn/a12.2%20.2%

Return vs Industry: Insufficient data to determine how WAK performed against the Australian Metals and Mining industry.

Return vs Market: Insufficient data to determine how WAK performed against the Australian Market.

Price Volatility

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

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

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

About the Company

FoundedEmployeesCEOWebsite
1998n/aAndrew Sorensenhttps://www.wakaolin.com.au

WA Kaolin Limited engages in the exploration and development of infrared mineral resource of kaolinised granite in Australia. It holds a 100% interest in the Wickepin Kaolin project that comprises four retention licenses and a single mining lease covering an area of approximately 10,000 hectares located in Wickepin, Western Australia. The company was incorporated in 1998 and is based in East Rockingham, Australia.

WA Kaolin Fundamentals Summary

How do WA Kaolin's earnings and revenue compare to its market cap?
WAK fundamental statistics
Market CapAU$59.39m
Earnings (TTM)-AU$20.67m
Revenue (TTM)AU$1.21m

49.2x

P/S Ratio

-2.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WAK income statement (TTM)
RevenueAU$1.21m
Cost of RevenueAU$993.72k
Gross ProfitAU$215.93k
ExpensesAU$20.89m
Earnings-AU$20.67m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.073
Gross Margin17.85%
Net Profit Margin-1,709.04%
Debt/Equity Ratio957.3%

How did WAK perform over the long term?

See historical performance and comparison

Valuation

Is WA Kaolin undervalued compared to its fair value and its price relative to the market?

27.89x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: WAK is overvalued based on its PB Ratio (27.9x) compared to the AU Metals and Mining industry average (2.5x).


Future Growth

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

-0.3%

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 WA Kaolin 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 WA Kaolin performed over the past 5 years?

-300.4%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: WAK is currently unprofitable.

Growing Profit Margin: WAK is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if WAK's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: WAK 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: WAK has a negative Return on Equity (-970.35%), as it is currently unprofitable.


Financial Health

How is WA Kaolin's financial position?


Financial Position Analysis

Short Term Liabilities: WAK's short term assets (A$11.5M) exceed its short term liabilities (A$3.8M).

Long Term Liabilities: WAK's short term assets (A$11.5M) do not cover its long term liabilities (A$19.8M).


Debt to Equity History and Analysis

Debt Level: WAK's debt to equity ratio (957.3%) is considered high.

Reducing Debt: Insufficient data to determine if WAK's debt to equity ratio has reduced over the 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: WAK has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: WAK has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 59.9% each year.


Dividend

What is WA Kaolin current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

1.4yrs

Average board tenure


CEO

Andrew Sorensen (57 yo)

no data

Tenure

AU$189,015

Compensation

Mr. Andrew Sorensen is Chief Executive Officer at WA Kaolin Limited and served as its Alternate Director until July 24, 2020. He joined the WA Kaolin in 2006 and has experience in operations management acr...


CEO Compensation Analysis

Compensation vs Market: Andrew's total compensation ($USD140.29K) is below average for companies of similar size in the Australian market ($USD302.45K).

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


Board Members

Experienced Board: WAK's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.


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: WAK only recently listed within the past 12 months.


Top Shareholders

Company Information

WA Kaolin Limited's employee growth, exchange listings and data sources


Key Information

  • Name: WA Kaolin Limited
  • Ticker: WAK
  • Exchange: ASX
  • Founded: 1998
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$59.393m
  • Shares outstanding: 282.82m
  • Website: https://www.wakaolin.com.au

Location

  • WA Kaolin Limited
  • Lot 3 Ward Road
  • East Rockingham
  • Western Australia
  • 6168
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/16 07:04
End of Day Share Price2021/10/15 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.