K2 Energy Limited, through its interest in Atomera, Inc., operates as a semiconductor materials and technology licensing company in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.02|
|52 Week High||AU$0.016|
|52 Week Low||AU$0.088|
|1 Month Change||-20.00%|
|3 Month Change||0%|
|1 Year Change||0%|
|3 Year Change||122.22%|
|5 Year Change||-16.67%|
|Change since IPO||-92.00%|
Recent News & Updates
|KTE||AU Semiconductor||AU Market|
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.
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
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
|KTE fundamental statistics|
Is KTE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|KTE income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.011|
|Net Profit Margin||0.00%|
How did KTE perform over the long term?See historical performance and comparison
Is K2 Energy undervalued compared to its fair value and its price relative to the market?
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).
How is K2 Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has K2 Energy performed over the past 5 years?
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.
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.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
K2 Energy has no CEO, or we have no data on them.
Experienced Board: KTE's board of directors are seasoned and experienced ( 14.4 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
K2 Energy Limited's employee growth, exchange listings and data sources
- 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
- K2 Energy Limited
- 56 Pitt Street
- Suite 4
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/20 07:04|
|End of Day Share Price||2021/10/19 00:00|
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.