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
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Zinc of Ireland. This is due to cash flow or dividend data being
unavailable. The share price is
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
Zinc of Ireland's
is considered below, and whether this is a fair price.
Price based on past earnings
Zinc of Ireland's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Zinc of Ireland 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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
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
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Zinc of Ireland
expected to grow at an
Unable to compare Zinc of Ireland's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Zinc of Ireland's earnings growth to the Australia market average as no estimate data is available.
Unable to compare Zinc of Ireland's revenue growth to the Australia market average as no estimate data is available.
Unable to determine if Zinc of Ireland is high growth as no earnings estimate data is available.
Unable to determine if Zinc of Ireland is high growth as no revenue estimate data is available.
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.
Zinc of Ireland's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Metals and Mining
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
Zinc of Ireland
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.
Some Zinc of Ireland (ASX:ZMI) Shareholders Are Down 11%
Zinc of Ireland NL (ASX:ZMI) shareholders should be happy to see the share price up 11% in the last quarter. … With zero revenue generated over twelve months, we don't think that Zinc of Ireland has proved its business plan yet. … For example, investors may be hoping that Zinc of Ireland finds some valuable resources, before it runs out of money.
Have Insiders Been Buying Zinc of Ireland NL (ASX:ZMI) Shares This Year?
So we'll take a look at whether insiders have been buying or selling shares in Zinc of Ireland NL (ASX:ZMI). … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … In the last twelve months there was more buying than selling by Zinc of Ireland insiders
Zinc of Ireland NL (ASX:ZMI): Has Recent Earnings Growth Beaten Long-Term Trend?
After looking at Zinc of Ireland NL's (ASX:ZMI) latest earnings update (31 December 2017), I found it helpful to revisit the company's performance in the past couple of years and compare this against the latest numbers. … See our latest analysis for Zinc of Ireland Commentary On ZMI's Past Performance 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. … For Zinc of Ireland, its latest earnings (trailing twelve month) is -AU$1.08M, which, relative to last year’s level, has become less negative.
What does Zinc of Ireland NL's (ASX:ZMI) Balance Sheet Tell Us About Its Future?
At this stable level of debt, ZMI's cash and short-term investments stands at AU$1.45M for investing into the business. … Moving onto cash from operations, its small level of operating cash flow means calculating cash-to-debt wouldn't be too useful, though these low levels of cash means that operational efficiency is worth a look. … ZMI's risk around capital structure is almost non-existent, and the company has the headroom and ability to raise debt should it need to in the future.Next Steps: Although ZMI’s debt level is relatively low, its cash flow levels still could not copiously cover its borrowings.
November Insights Into Basic Materials Stocks: Zinc of Ireland NL (ASX:ZMI)
ASX:ZMI PE PEG Gauge Nov 8th 17 Metals and mining companies are typically trading at a PE of 14x, relatively similar to the rest of the Australian stock market PE of 17x. … If your initial investment thesis is around the growth prospects of ZMI, there are other metals and mining companies that have delivered higher growth, and perhaps trading at a discount to the industry average. … Use our free playform to see my list of over 2000 other basic materials companies trading on the market.
Zinc of Ireland NL operates as a mineral exploration and development company in Ireland. It explores for zinc, gold, and base metal deposits. Its flagship project is the Kildare project located west of Dublin. The company was formerly known as Global Metals Exploration NL and changed its name to Zinc of Ireland NL in July 2016. The company is based in West Perth, Australia.
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