company background image
DEL

Delorean ASX:DEL Stock Report

Last Price

AU$0.081

Market Cap

AU$17.5m

7D

-9.0%

1Y

-59.0%

Updated

24 Sep, 2022

Data

Company Financials +
DEL fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance0/6
Financial Health3/6
Dividends0/6

DEL Stock Overview

Delorean Corporation Limited engages in the renewable energy and waste management businesses in Australia and New Zealand.

Delorean Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Delorean
Historical stock prices
Current Share PriceAU$0.081
52 Week HighAU$0.26
52 Week LowAU$0.075
Beta0
1 Month Change-32.50%
3 Month Change-10.00%
1 Year Change-58.99%
3 Year Changen/a
5 Year Changen/a
Change since IPO-80.71%

Recent News & Updates

Shareholder Returns

DELAU Renewable EnergyAU Market
7D-9.0%3.6%-2.7%
1Y-59.0%-9.2%-11.0%

Return vs Industry: DEL underperformed the Australian Renewable Energy industry which returned -9.2% over the past year.

Return vs Market: DEL underperformed the Australian Market which returned -11% over the past year.

Price Volatility

Is DEL's price volatile compared to industry and market?
DEL volatility
DEL Average Weekly Movement13.0%
Renewable Energy Industry Average Movement12.9%
Market Average Movement9.6%
10% most volatile stocks in AU Market16.9%
10% least volatile stocks in AU Market4.3%

Stable Share Price: DEL is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: DEL's weekly volatility (13%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2014n/aJoe Oliverhttps://www.deloreancorporation.com.au

Delorean Corporation Limited engages in the renewable energy and waste management businesses in Australia and New Zealand. It operates through four segments: Infrastructure, Engineering, Energy Retail, and Corporate. The company manufactures and fabricates tanks, pipework, and structural steel.

Delorean Fundamentals Summary

How do Delorean's earnings and revenue compare to its market cap?
DEL fundamental statistics
Market CapAU$17.47m
Earnings (TTM)-AU$10.89m
Revenue (TTM)AU$39.33m

0.4x

P/S Ratio

-1.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DEL income statement (TTM)
RevenueAU$39.33m
Cost of RevenueAU$46.10m
Gross Profit-AU$6.77m
Other ExpensesAU$4.12m
Earnings-AU$10.89m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.05
Gross Margin-17.21%
Net Profit Margin-27.69%
Debt/Equity Ratio1.9%

How did DEL perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is DEL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for DEL?

Other financial metrics that can be useful for relative valuation.

DEL key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.4x
Enterprise Value/EBITDA-1.7x
PEG Ration/a

Price to Sales Ratio vs Peers

How does DEL's PS Ratio compare to its peers?

DEL PS Ratio vs Peers
The above table shows the PS ratio for DEL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average15.2x
TML Timah Resources
2.3xn/aAU$6.5m
GNX Genex Power
12.8x32.0%AU$318.6m
NEW New Energy Solar
40.4x16.1%AU$294.9m
VPR Volt Power Group
5.3xn/aAU$18.7m
DEL Delorean
0.4x17.8%AU$17.5m

Price-To-Sales vs Peers: DEL is good value based on its Price-To-Sales Ratio (0.4x) compared to the peer average (15.2x).


Price to Earnings Ratio vs Industry

How does DEL's PE Ratio compare vs other companies in the Global Renewable Energy Industry?

Price-To-Sales vs Industry: DEL is good value based on its Price-To-Sales Ratio (0.4x) compared to the Global Renewable Energy industry average (3x)


Price to Sales Ratio vs Fair Ratio

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

DEL PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.4x
Fair PS Ratio0.3x

Price-To-Sales vs Fair Ratio: DEL is expensive based on its Price-To-Sales Ratio (0.4x) compared to the estimated Fair Price-To-Sales Ratio (0.3x).


Share Price vs Fair Value

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

Below Fair Value: Insufficient data to calculate DEL's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate DEL's fair value for valuation analysis.


Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.


Discover undervalued companies

Future Growth

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

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


17.8%

Forecasted annual revenue growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if DEL's forecast earnings growth is above the savings rate (1.8%).

Earnings vs Market: Insufficient data to determine if DEL's earnings are forecast to grow faster than the Australian market

High Growth Earnings: Insufficient data to determine if DEL's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: DEL's revenue (17.8% per year) is forecast to grow faster than the Australian market (3.7% per year).

High Growth Revenue: DEL's revenue (17.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Discover growth companies

Past Performance

How has Delorean performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-73.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: DEL is currently unprofitable.

Growing Profit Margin: DEL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: DEL is unprofitable, and losses have increased over the past 5 years at a rate of 73.8% per year.

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

Earnings vs Industry: DEL is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (7.5%).


Return on Equity

High ROE: DEL has a negative Return on Equity (-91.64%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Delorean's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: DEL's short term assets (A$9.6M) exceed its short term liabilities (A$9.4M).

Long Term Liabilities: DEL's short term assets (A$9.6M) exceed its long term liabilities (A$2.8M).


Debt to Equity History and Analysis

Debt Level: DEL has more cash than its total debt.

Reducing Debt: Insufficient data to determine if DEL's debt to equity ratio has reduced over the past 5 years.


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: DEL has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: DEL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 74% each year


Discover healthy companies

Dividend

What is Delorean current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if DEL's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as DEL has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average board tenure


CEO

Joe Oliver

2.75yrs

Tenure

AU$425,784

Compensation

Mr. Joseph Oliver is also known as Joe is the Co-Founder of Delorean Corporation Limited and has been its Managing Director and Director since December 17, 2019. He is a co-founder of the Delorean Corporat...


CEO Compensation Analysis

Compensation vs Market: Joe's total compensation ($USD278.67K) is about average for companies of similar size in the Australian market ($USD281.91K).

Compensation vs Earnings: Joe's compensation has increased whilst the company is unprofitable.


Board Members

Experienced Board: DEL's board of directors are not considered experienced ( 2.3 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.


Recent Insider Transactions

ASX:DEL Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
14 Jun 22SellAU$226,665Regal Partners LimitedCompany2,102,563AU$0.15
23 May 22SellAU$574,736Regal Partners LimitedCompany2,798,922AU$0.25
09 May 22BuyAU$517,280Regal Partners LimitedCompany2,882,351AU$0.18
23 Dec 21SellAU$424,125Regal Partners LimitedCompany2,137,592AU$0.21

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 20.5%.


Top Shareholders

Top 25 shareholders own 15.8% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
4.21%
Regal Partners Limited
9,072,348A$734.9k-18.2%0.05%
2.19%
HGL Investments Pty Ltd
4,714,285A$381.9k0%no data
1.13%
BG Development Fund Pty Ltd
2,433,783A$197.1k0%no data
0.93%
Pronto Investment Trust
2,000,000A$162.0k0%no data
0.71%
BT Global Holdings Pty Ltd
1,529,391A$123.9k0%no data
0.7%
Jonas McCallum
1,500,000A$121.5k0%no data
0.7%
Hunter Capital Advisors Pty Ltd, Asset Management Arm
1,500,000A$121.5k0%0.95%
0.65%
Rhodium Capital Pty Limited
1,400,000A$113.4k0%no data
0.6%
Peter Wall
1,285,715A$104.1k0%no data
0.48%
Guy Le Page
1,029,392A$83.4k0%no data
0.42%
L1 Capital Pty. Limited
900,000A$72.9k0%no data
0.37%
Maciej Tomczak
805,544A$65.2k0%no data
0.31%
Stephen Gostlow
676,470A$54.8k35.29%no data
0.3%
Chuanchuan Zhou
645,178A$52.3k0%no data
0.26%
Timothy Arceri
567,560A$46.0k0%no data
0.23%
David Reeves
500,000A$40.5k0%no data
0.23%
Frozen Moolah Pty Ltd
500,000A$40.5k0%no data
0.22%
David Maxwell McArthur
476,470A$38.6k58.82%no data
0.21%
Robert Roberts
450,000A$36.5k0%no data
0.2%
Hampton Park Pty Ltd
425,000A$34.4k0%no data
0.19%
Brian Byass
400,000A$32.4k0%no data
0.17%
Luke Howe
375,000A$30.4k0%no data
0.14%
Mine Maintenance Management Pty Ltd
300,000A$24.3k0%no data
0.14%
Cosann Pty Ltd
300,000A$24.3k0%no data
0.14%
Niv Dagan
300,000A$24.3k0%no data

Company Information

Delorean Corporation Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Delorean Corporation Limited
  • Ticker: DEL
  • Exchange: ASX
  • Founded: 2014
  • Industry: Renewable Electricity
  • Sector: Utilities
  • Implied Market Cap: AU$17.473m
  • Shares outstanding: 215.72m
  • Website: https://www.deloreancorporation.com.au

Location

  • Delorean Corporation Limited
  • 1205 Hay Street
  • Ground Floor
  • West Perth
  • Western Australia
  • 6005
  • Australia


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DELASX (Australian Securities Exchange)YesShare CapitalAUAUDApr 2021
DELCHIA (Chi-X Australia)YesShare CapitalAUAUDApr 2021

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/24 00:00
End of Day Share Price2022/09/23 00:00
Earnings2022/06/30
Annual Earnings2022/06/30


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.