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PYX

PYX ResourcesNSX:PYX Stock Report

Market Cap

AU$617.7m

7D

1.3%

1Y

140.1%

Updated

16 Oct, 2021

Data

Company Financials +
PYX fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance0/6
Financial Health5/6
Dividends0/6

PYX Overview

PYX Resources Limited engages in the exploration and development of mineral sands deposits.

Price History & Performance

Summary of all time highs, changes and price drops for PYX Resources
Historical stock prices
Current Share PriceAU$1.44
52 Week HighAU$0.51
52 Week LowAU$1.44
Beta0
1 Month Change10.62%
3 Month Change23.97%
1 Year Change140.07%
3 Year Changen/a
5 Year Changen/a
Change since IPO216.04%

Recent News & Updates

Shareholder Returns

PYXAU Metals and MiningAU Market
7D1.3%4.3%0.9%
1Y140.1%12.2%20.2%

Return vs Industry: PYX exceeded the Australian Metals and Mining industry which returned 12.2% over the past year.

Return vs Market: PYX exceeded the Australian Market which returned 20.2% over the past year.

Price Volatility

Is PYX's price volatile compared to industry and market?
PYX volatility
PYX Beta0
Industry Beta0.97
Market Beta1

Stable Share Price: PYX is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: PYX's weekly volatility has decreased from 8% to 2% over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aOliver Haslerhttps://www.pyxresources.com

PYX Resources Limited engages in the exploration and development of mineral sands deposits. The company offers zircon and titanium dioxide. It holds interest in the Mandiri mineral sands deposit covering an area of 2,032 hectares; and the Tisma mineral sands deposit covering an area of 1,500 hectares located in the Central Kalimantan province of Indonesia.

PYX Resources Fundamentals Summary

How do PYX Resources's earnings and revenue compare to its market cap?
PYX fundamental statistics
Market CapUS$458.44m
Earnings (TTM)-US$3.19m
Revenue (TTM)US$9.76m

47.0x

P/S Ratio

-143.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PYX income statement (TTM)
RevenueUS$9.76m
Cost of RevenueUS$8.56m
Gross ProfitUS$1.19m
ExpensesUS$4.39m
Earnings-US$3.19m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0074
Gross Margin12.21%
Net Profit Margin-32.74%
Debt/Equity Ratio0%

How did PYX perform over the long term?

See historical performance and comparison

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PYX (A$1.44) is trading below our estimate of fair value (A$3.42)

Significantly Below Fair Value: PYX is trading below fair value by more than 20%.


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: PYX is overvalued based on its PB Ratio (5.4x) compared to the AU Metals and Mining industry average (2.5x).


Future Growth

How is PYX Resources forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

58.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PYX is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: PYX is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: PYX's is expected to become profitable in the next 3 years.

Revenue vs Market: PYX's revenue (42.4% per year) is forecast to grow faster than the Australian market (5.4% per year).

High Growth Revenue: PYX's revenue (42.4% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if PYX's Return on Equity is forecast to be high in 3 years time


Past Performance

How has PYX Resources performed over the past 5 years?

69.0%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: PYX is currently unprofitable.

Growing Profit Margin: PYX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if PYX's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: PYX is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).


Return on Equity

High ROE: PYX has a negative Return on Equity (-5.23%), as it is currently unprofitable.


Financial Health

How is PYX Resources's financial position?


Financial Position Analysis

Short Term Liabilities: PYX's short term assets ($11.1M) exceed its short term liabilities ($2.3M).

Long Term Liabilities: PYX has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: PYX is debt free.

Reducing Debt: PYX 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: PYX has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if PYX has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

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


Dividend Yield vs Market

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

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

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

1.8yrs

Average board tenure


CEO

Oliver Hasler

1.75yrs

Tenure

Mr. Oliver B. Hasler has been President of DE Professional (Out of Home) at D.E Master Blenders 1753 N.V. since September 2013. He serves as Chairman of the Board and Chief Executive Officer of PYX Resourc...


Board Members

Experienced Board: PYX's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


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.


Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 60.4%.


Top Shareholders

Company Information

PYX Resources Limited's employee growth, exchange listings and data sources


Key Information

  • Name: PYX Resources Limited
  • Ticker: PYX
  • Exchange: NSX
  • Founded: NaN
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$617.650m
  • Shares outstanding: 429.52m
  • Website: https://www.pyxresources.com

Location

  • PYX Resources Limited
  • 56 Pitt Street
  • Level 5
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/16 07:04
End of Day Share Price2021/10/13 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.