ASX:WKT

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Walkabout Resources

Executive Summary

Walkabout Resources Limited explores for and develops resource and energy assets in Tanzania, Namibia, Scotland, and Northern Ireland.


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

How has Walkabout Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

WKT

3.8%

AU Metals and Mining

1.9%

AU Market


1 Year Return

-38.9%

WKT

16.0%

AU Metals and Mining

-6.4%

AU Market

Return vs Industry: WKT underperformed the Australian Metals and Mining industry which returned 16% over the past year.

Return vs Market: WKT underperformed the Australian Market which returned -6.4% over the past year.


Shareholder returns

WKTIndustryMarket
7 Day0%3.8%1.9%
30 Day22.2%11.2%4.2%
90 Day26.9%32.0%14.7%
1 Year-38.9%-38.9%21.9%16.0%-2.6%-6.4%
3 Year139.1%139.1%82.3%56.9%20.4%4.6%
5 Year79.4%79.4%159.5%107.5%43.3%12.8%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Walkabout Resources undervalued compared to its fair value and its price relative to the market?

2.74x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: WKT is overvalued based on its PB Ratio (2.7x) compared to the AU Metals and Mining industry average (2.1x).


Next Steps

Future Growth

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

3.3%

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 Walkabout Resources 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 Walkabout Resources performed over the past 5 years?

-4.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WKT is currently unprofitable.

Growing Profit Margin: WKT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: WKT is unprofitable, and losses have increased over the past 5 years at a rate of 4.3% per year.

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

Earnings vs Industry: WKT 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: WKT has a negative Return on Equity (-19.22%), as it is currently unprofitable.


Next Steps

Financial Health

How is Walkabout Resources's financial position?


Financial Position Analysis

Short Term Liabilities: WKT's short term assets (A$5.6M) exceed its short term liabilities (A$2.2M).

Long Term Liabilities: WKT has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: WKT's debt to equity ratio (4.5%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if WKT'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: WKT has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: WKT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 34.9% each year


Next Steps

Dividend

What is Walkabout Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

4.3yrs

Average board tenure


CEO

Trevor Benson (61 yo)

no data

Tenure

AU$287,433

Compensation

Mr. Trevor Bruce Benson serves as Non-Executive Director of Wolf Minerals Limited since August 3, 2020. He serves as Director of Corporate Advisory at PCF Capital Limited. Mr. Benson has over 30 years’ exp ...


CEO Compensation Analysis

Compensation vs Market: Trevor's total compensation ($USD205.84K) is about average for companies of similar size in the Australian market ($USD268.37K).

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


Board Members

NamePositionTenureCompensationOwnership
Trevor Benson
Executive Chairman & CEOno dataAU$287.43k0.59%
A$ 338.3k
Allan Mulligan
Founder & Executive Director8yrsAU$472.14k1.57%
A$ 903.3k
Andrew Cunningham
Technical Director & Non-Executive Director4.75yrsAU$406.50k0.36%
A$ 204.6k
Michael Elliott
Independent Non-Executive Director1.67yrsAU$10.66k4.1%
A$ 2.4m

4.3yrs

Average Tenure

Experienced Board: WKT's board of directors are considered experienced (4.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: WKT insiders have sold more shares than they have bought 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 10.2%.


Top Shareholders

Company Information

Walkabout Resources Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Walkabout Resources Limited
  • Ticker: WKT
  • Exchange: ASX
  • Founded: 2006
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$57.607m
  • Shares outstanding: 349.13m
  • Website: https://www.wkt.com.au

Location

  • Walkabout Resources Limited
  • 681 Murray Street
  • Level 3
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WKTASX (Australian Securities Exchange)YesOrdinary SharesAUAUDNov 2006
WKTCHIA (Chi-X Australia)YesOrdinary SharesAUAUDNov 2006
WKTCHIA (Chi-X Australia)YesOrdinary SharesAUAUDNov 2006

Biography

Walkabout Resources Limited explores for and develops resource and energy assets in Tanzania, Namibia, Scotland, and Northern Ireland. The company explores for graphite, coal, copper, gold, and lithium dep ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/12 10:41
End of Day Share Price2020/08/11 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.