Executive Summary
Walkabout Resources Limited explores for and develops resource and energy assets in Tanzania, Namibia, Scotland, Malawi, and Northern Ireland. More Details
Risk Analysis
Snowflake Analysis
Mediocre balance sheet and overvalued.
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 is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: WKT's weekly volatility (12%) has been stable over the past year.
Market Performance
7 Day Return
18.5%
WKT
3.0%
AU Metals and Mining
2.6%
AU Market
1 Year Return
-13.5%
WKT
26.8%
AU Metals and Mining
-0.4%
AU Market
Return vs Industry: WKT underperformed the Australian Metals and Mining industry which returned 26.8% over the past year.
Return vs Market: WKT underperformed the Australian Market which returned -0.4% over the past year.
Shareholder returns
| WKT | Industry | Market | |
|---|---|---|---|
| 7 Day | 18.5% | 3.0% | 2.6% |
| 30 Day | 28.0% | 8.5% | 3.4% |
| 90 Day | 14.3% | 28.5% | 14.6% |
| 1 Year | -13.5%-13.5% | 33.7%26.8% | 3.0%-0.4% |
| 3 Year | 39.1%39.1% | 71.9%48.3% | 26.6%11.0% |
| 5 Year | 73.9%73.9% | 277.5%210.0% | 67.5%33.9% |
Long-Term 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
5 days ago | Simply Wall St
A Look At Walkabout Resources' (ASX:WKT) CEO Remuneration3 months ago | Simply Wall St
How Does Walkabout Resources' (ASX:WKT) CEO Salary Compare to Peers?7 months ago | Simply Wall St
How Much Of Walkabout Resources Limited (ASX:WKT) Do Insiders Own?Valuation
Is Walkabout Resources undervalued compared to its fair value and its price relative to the market?
2.86x
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 good value based on its PB Ratio (2.9x) compared to the AU Metals and Mining industry average (3x).
Next Steps
Future Growth
How is Walkabout Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
7.3%
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
- Take a look at our analysis of WKT’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Walkabout Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
Past Performance
How has Walkabout Resources performed over the past 5 years?
-10.2%
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 10.2% 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 (38%).
Return on Equity
High ROE: WKT has a negative Return on Equity (-22.77%), 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$3.0M) exceed its short term liabilities (A$1.3M).
Long Term Liabilities: WKT's short term assets (A$3.0M) do not cover its long term liabilities (A$-10.0).
Debt to Equity History and Analysis
Debt Level: WKT is debt free.
Reducing Debt: WKT had no debt 5 years ago.
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 35.4% 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?
5.2yrs
Average board tenure
CEO
Trevor Benson (61 yo)
no data
Tenure
AU$273,746
Compensation
Mr. Trevor Bruce Benson, B.Sc., serves as Chairman at Ionic Rare Earths Limited since December 21, 2020 and serves as its Lead Independent Director. He serves as an Independent Non-Executive Director at Io...
CEO Compensation Analysis
Compensation vs Market: Trevor's total compensation ($USD210.69K) is about average for companies of similar size in the Australian market ($USD293.85K).
Compensation vs Earnings: Trevor's compensation has been consistent with company performance over the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 8.42yrs | AU$273.75k | 1.57% A$ 875.9k | |
| Technical Director & Non-Executive Director | 5.17yrs | AU$234.20k | 0.36% A$ 198.4k | |
| Independent Non-Executive Director | 2.08yrs | AU$20.00k | 4.1% A$ 2.3m |
5.2yrs
Average Tenure
Experienced Board: WKT's board of directors are considered experienced (5.2 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 not been meaningfully diluted in the past year.
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$55.861m
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| WKT | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Nov 2006 |
| WKT | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Nov 2006 |
Biography
Walkabout Resources Limited explores for and develops resource and energy assets in Tanzania, Namibia, Scotland, Malawi, and Northern Ireland. The company explores for graphite, coal, copper, gold, and lit...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/26 07:06 |
| End of Day Share Price | 2021/01/25 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/06/30 |
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.