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KTE

K2 EnergyNSX:KTE Stock Report

Market Cap

AU$6.0m

7D

0%

1Y

0%

Updated

20 Oct, 2021

Data

Company Financials
KTE fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends0/6

KTE Overview

K2 Energy Limited, through its interest in Atomera, Inc., operates as a semiconductor materials and technology licensing company in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for K2 Energy
Historical stock prices
Current Share PriceAU$0.02
52 Week HighAU$0.016
52 Week LowAU$0.088
Beta1.72
1 Month Change-20.00%
3 Month Change0%
1 Year Change0%
3 Year Change122.22%
5 Year Change-16.67%
Change since IPO-92.00%

Recent News & Updates

Shareholder Returns

KTEAU SemiconductorAU Market
7D0%5.9%1.7%
1Y0%81.2%20.2%

Return vs Industry: KTE underperformed the Australian Semiconductor industry which returned 81.2% over the past year.

Return vs Market: KTE underperformed the Australian Market which returned 20.2% over the past year.

Price Volatility

Is KTE's price volatile compared to industry and market?
KTE volatility
KTE Beta1.72
Industry Beta1.48
Market Beta1

Stable Share Price: Insufficient data to determine KTE's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine KTE's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/an/ahttps://www.k2energy.com.au

K2 Energy Limited, through its interest in Atomera, Inc., operates as a semiconductor materials and technology licensing company in Australia. The company owns the intellectual property rights of the Mears Silicon Technology (MST) for various solar energy applications. It is also involved in the oil and gas activities in the United States.

K2 Energy Fundamentals Summary

How do K2 Energy's earnings and revenue compare to its market cap?
KTE fundamental statistics
Market CapAU$6.01m
Earnings (TTM)AU$3.33m
Revenue (TTM)n/a

1.8x

P/E Ratio

0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
KTE income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
Expenses-AU$3.33m
EarningsAU$3.33m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.011
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did KTE perform over the long term?

See historical performance and comparison

Valuation

Is K2 Energy undervalued compared to its fair value and its price relative to the market?

1.81x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate KTE's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate KTE's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: KTE is good value based on its PE Ratio (1.8x) compared to the Global Semiconductor industry average (26.5x).

PE vs Market: KTE is good value based on its PE Ratio (1.8x) compared to the Australian market (19.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate KTE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: KTE is good value based on its PB Ratio (0.4x) compared to the AU Semiconductor industry average (6.6x).


Future Growth

How is K2 Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.7%

Forecasted Semiconductors 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 K2 Energy 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 K2 Energy performed over the past 5 years?

86.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KTE has a high level of non-cash earnings.

Growing Profit Margin: Insufficient data to determine if KTE's profit margins have improved over the past year.


Past Earnings Growth Analysis

Earnings Trend: KTE has become profitable over the past 5 years, growing earnings by 86% per year.

Accelerating Growth: KTE's earnings growth over the past year (1809.9%) exceeds its 5-year average (86% per year).

Earnings vs Industry: KTE earnings growth over the past year (1809.9%) exceeded the Semiconductor industry 57.2%.


Return on Equity

High ROE: KTE's Return on Equity (22.3%) is considered high.


Financial Health

How is K2 Energy's financial position?


Financial Position Analysis

Short Term Liabilities: KTE's short term assets (A$536.4K) exceed its short term liabilities (A$510.9K).

Long Term Liabilities: KTE's short term assets (A$536.4K) do not cover its long term liabilities (A$3.4M).


Debt to Equity History and Analysis

Debt Level: KTE is debt free.

Reducing Debt: KTE has not had any debt for past 5 years.

Debt Coverage: KTE has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: KTE has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is K2 Energy current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

14.4yrs

Average board tenure


CEO

K2 Energy has no CEO, or we have no data on them.


Board Members

Experienced Board: KTE's board of directors are seasoned and experienced ( 14.4 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

K2 Energy Limited's employee growth, exchange listings and data sources


Key Information

  • Name: K2 Energy Limited
  • Ticker: KTE
  • Exchange: NSX
  • Founded: NaN
  • Industry: Semiconductor Equipment
  • Sector: Semiconductors
  • Market Cap: AU$6.013m
  • Shares outstanding: 300.66m
  • Website: https://www.k2energy.com.au

Location

  • K2 Energy Limited
  • 56 Pitt Street
  • Suite 4
  • 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 Analysis2021/10/20 07:04
End of Day Share Price2021/10/19 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.