ASX:WKT

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Walkabout Resources

Market Cap

AU$83.5m

Last Updated

2021/07/28 08:30 UTC

Data Sources

Company Financials

Executive Summary

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


Snowflake Analysis

Flawless 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 is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: WKT's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Australian stocks.


Market Performance


7 Day Return

-4.5%

WKT

5.3%

AU Metals and Mining

1.8%

AU Market


1 Year Return

55.6%

WKT

35.8%

AU Metals and Mining

26.9%

AU Market

Return vs Industry: WKT exceeded the Australian Metals and Mining industry which returned 35.8% over the past year.

Return vs Market: WKT exceeded the Australian Market which returned 26.9% over the past year.


Shareholder returns

WKTIndustryMarket
7 Day-4.5%5.3%1.8%
30 Day5.0%8.9%2.0%
90 Day-38.2%8.1%4.5%
1 Year55.6%55.6%42.7%35.8%31.5%26.9%
3 Year68.0%68.0%83.5%57.2%34.0%17.7%
5 Year52.2%52.2%174.5%125.6%67.5%35.0%

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

Valuation

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

4.3x

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 Australian 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 (4.3x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

-2.5%

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 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.


Past Performance

How has Walkabout Resources performed over the past 5 years?

-14.1%

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 14.1% 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 (22.9%).


Return on Equity

High ROE: WKT has a negative Return on Equity (-16.36%), as it is currently unprofitable.


Financial Health

How is Walkabout Resources's financial position?


Financial Position Analysis

Short Term Liabilities: WKT's short term assets (A$1.2M) exceed its short term liabilities (A$1.1M).

Long Term Liabilities: WKT has no long term liabilities.


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 sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: WKT is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.


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?

5.7yrs

Average board tenure


CEO

Andrew Cunningham

0.25

Tenure

AU$234,200

Compensation

Mr. Andrew Cunningham serves as Technical Director at Walkabout Resources Limited and serves as its Chief Executive Officer since May 2021 and served as its Chief Executive since April 2021 until May 2021....


Board Members

Experienced Board: WKT's board of directors are considered experienced (5.7 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: WKT 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 16.7%.


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$83.514m
  • Shares outstanding: 407.38m
  • Website: https://www.wkt.com.au

Location

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

Listings


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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/28 08:30
End of Day Share Price2021/07/28 00:00
Earnings2020/12/31
Annual Earnings2020/06/30


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.