How does FEX's PE Ratio compare to its peers?

FEX is good value based on its Price-To-Earnings Ratio (5.5x) compared to the peer average (18.8x).

How does FEX's PE Ratio compare vs other companies in the AU Metals and Mining Industry?

FEX is good value based on its Price-To-Earnings Ratio (5.5x) compared to the Australian Metals and Mining industry average (11.9x).

What is FEX's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

FEX is good value based on its Price-To-Earnings Ratio (5.5x) compared to the estimated Fair Price-To-Earnings Ratio (13.7x).

What is the Fair Price of FEX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

FEX (A$0.26) is trading below our estimate of [[fair value]] (A$1.88)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Fenix Resources (CHIA:FEX) - Stock Price, News & Analysis

FEX Stock Overview

Engages in the exploration, development, and mining of mineral tenements in Western Australia. More details

FEX fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	3/6
Past Performance	4/6
Financial Health	5/6
Dividends	0/6

Rewards

Trading at 86.3% below our estimate of its fair value

Earnings are forecast to grow 12.26% per year

Earnings grew by 15% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Shareholders have been diluted in the past year

Fenix Resources Limited Competitors

Bisalloy Steel Group

ASX:BIS

AU$190.2m

Bathurst Resources

ASX:BRL

AU$145.4m

Grange Resources

ASX:GRR

AU$277.8m

Mount Gibson Iron

ASX:MGX

AU$363.1m

Price History & Performance

Summary of all time highs, changes and price drops for Fenix Resources
Historical stock prices
Current Share Price	AU$0.26
52 Week High	AU$0.45
52 Week Low	AU$0.23
Beta	2.18
11 Month Change	-1.90%
3 Month Change	-14.17%
1 Year Change	-2.83%
33 Year Change	9.57%
5 Year Change	595.95%
Change since IPO	415.00%

Recent updates

Shareholder Returns

	FEX	AU Metals and Mining	AU Market
7D	-1.0%	-0.9%	1.5%
1Y	-2.8%	-12.8%	17.2%

Return vs Industry: FEX exceeded the Australian Metals and Mining industry which returned -12.8% over the past year.

Return vs Market: FEX underperformed the Australian Market which returned 17.2% over the past year.

Price Volatility

Is FEX's price volatile compared to industry and market?
FEX volatility
FEX Average Weekly Movement	6.7%
Metals and Mining Industry Average Movement	10.9%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.3%
10% least volatile stocks in AU Market	3.4%

Stable Share Price: FEX has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: FEX's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2007	n/a	n/a	fenixresources.com.au

Fenix Resources Limited engages in the exploration, development, and mining of mineral tenements in Western Australia. It operates through three segments: Mining, Logistics, and Port Services. The company’s flagship property is the 100% owned Iron Ridge Iron Ore project located in Western Australia.

Fenix Resources Limited Fundamentals Summary

How do Fenix Resources's earnings and revenue compare to its market cap?
FEX fundamental statistics
Market cap	AU$183.76m
Earnings (TTM)	AU$33.64m
Revenue (TTM)	AU$259.20m

5.5x

P/E Ratio

0.7x

P/S Ratio

Is FEX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FEX income statement (TTM)
Revenue	AU$259.20m
Cost of Revenue	AU$199.37m
Gross Profit	AU$59.83m
Other Expenses	AU$26.19m
Earnings	AU$33.64m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.047
Gross Margin	23.08%
Net Profit Margin	12.98%
Debt/Equity Ratio	20.9%

How did FEX perform over the long term?

See historical performance and comparison

FEX Stock Overview

Rewards

Risk Analysis

Fenix Resources Limited Competitors

ASX:BIS

AU$190.2m

ASX:BRL

AU$145.4m

ASX:GRR

AU$277.8m

ASX:MGX

AU$363.1m

Price History & Performance

Recent News & Updates

Fenix Resources Limited, Annual General Meeting, Nov 22, 2024

New minor risk - Shareholder dilution

Non Executive Director recently sold AU$635k worth of stock

Executive Chairman recently bought AU$729k worth of stock

Now 21% undervalued after recent price drop

Fenix Resources Limited Announces Leadership Changes

Recent updates

Fenix Resources Limited, Annual General Meeting, Nov 22, 2024

New minor risk - Shareholder dilution

Non Executive Director recently sold AU$635k worth of stock

Executive Chairman recently bought AU$729k worth of stock

Now 21% undervalued after recent price drop

Fenix Resources Limited Announces Leadership Changes

Fenix Resources Limited, Annual General Meeting, Nov 24, 2023

Fenix Resources Limited, Annual General Meeting, Nov 24, 2023

Now 21% undervalued after recent price drop

Full year 2023 earnings released: EPS: AU$0.051 (vs AU$0.10 in FY 2022)

New minor risk - Financial data availability

Fenix Resources Limited (ASX:FEX) completed the acquisition of Mid-West iron ore mining and infrastructure assets from Mount Gibson Iron Limited (ASX:MGX).

Fenix Resources Limited (ASX:FEX) agreed to acquire Mid-West iron ore mining and infrastructure assets from Mount Gibson Iron Limited (ASX:MGX) for AUD 26.1 million.

First half 2023 earnings released: EPS: AU$0.02 (vs AU$0.029 in 1H 2022)

Fenix Resources Limited Elects John Welborn as Director

Fenix Resources Limited, Annual General Meeting, Nov 15, 2022

Fenix Resources Limited Appoints Craig Mitchell as Non-Executive Director, Effective 1 September 2022

Fenix Resources Limited Announces Dividend for the Six Months Ended June 30, 2022, Payable on October 5, 2022

Fenix Resources Announces Resignation of Rob Brierley's as Managing Director

Fenix Resources Limited (ASX:FEX) completed the acquisition of Fenix Newhaul Pty Ltd from Newhaul Pty Ltd for AUD 34.5 million.

Fenix Resources Limited (ASX:FEX) signed an agreement to acquire Fenix Newhaul Pty Ltd from Newhaul Pty Ltd for AUD 34.5 million.

MD & Executive Director recently bought AU$73k worth of stock

Insider recently bought AU$126k worth of stock

MD & Executive Director recently sold AU$1.3m worth of stock

Fenix Resources Limited Announces Haulage to Geraldton Port Facility Resumes

Fenix Resources Limited Suspends Road Haulage from the Mine to its Port Storage Facility in Geraldton on 11 April 2021

Fenix Resources Limited Announces Maiden Shipment of Iron Ridge Product Dispatched

Independent Non-Executive Chairman Garret Dixon has left the company

Fenix Resources Limited Enters Farm-In and Joint Venture Terms Sheet with Scorpion Minerals Limited

New 90-day high: AU$0.27

Fenix Resources Limited Announces Board Changes, Effective 1 January 2021

New 90-day high: AU$0.26

New 90-day high: AU$0.21

Fenix Resources Limited Announces Port Lease Agreement and A Port Access and Services Agreement with Mid West Ports Authority

Fenix Resources Limited Appoints Warwick Davies as Non-Executive Director

Fenix Resources Limited Commences Iron Ridge Project Site Works

Shareholder Returns

Price Volatility

About the Company

Fenix Resources Limited Fundamentals Summary

5.5x

0.7x

Earnings & Revenue