Timah Resources Limited, through its subsidiary, Mistral Engineering Sdn Bhd., generates biogas renewable energy in Australia and Malaysia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.085|
|52 Week High||AU$0.043|
|52 Week Low||AU$0.085|
|1 Month Change||6.25%|
|3 Month Change||41.67%|
|1 Year Change||70.00%|
|3 Year Change||325.00%|
|5 Year Change||n/a|
|Change since IPO||70.00%|
Recent News & Updates
These 4 Measures Indicate That Timah Resources (ASX:TML) Is Using Debt Extensively
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
A Look At The Intrinsic Value Of Timah Resources Limited (ASX:TML)
In this article we are going to estimate the intrinsic value of Timah Resources Limited ( ASX:TML ) by taking the...
|TML||AU Renewable Energy||AU Market|
Return vs Industry: TML exceeded the Australian Renewable Energy industry which returned 14.4% over the past year.
Return vs Market: TML exceeded the Australian Market which returned 27.3% over the past year.
Stable Share Price: TML is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: Insufficient data to determine TML's volatility change over the past year.
About the Company
Timah Resources Limited, through its subsidiary, Mistral Engineering Sdn Bhd., generates biogas renewable energy in Australia and Malaysia. It owns and operates a biogas power plant with approximately 4.0 megawatts located in Sabah, Malaysia. The company is based in Sandakan, Malaysia.
Timah Resources Fundamentals Summary
|TML fundamental statistics|
Is TML overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TML income statement (TTM)|
|Cost of Revenue||RM7.08m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.00074|
|Net Profit Margin||0.75%|
How did TML perform over the long term?See historical performance and comparison
Is Timah Resources undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TML (A$0.09) is trading below our estimate of fair value (A$0.26)
Significantly Below Fair Value: TML is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TML is poor value based on its PE Ratio (340.9x) compared to the Oceanic Renewable Energy industry average (30.8x).
PE vs Market: TML is poor value based on its PE Ratio (340.9x) compared to the Australian market (18.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TML's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TML is good value based on its PB Ratio (0.9x) compared to the AU Renewable Energy industry average (1.9x).
How is Timah Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Utilities 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 Timah Resources 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 Timah Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TML has a large one-off gain of MYR259.0K impacting its June 30 2021 financial results.
Growing Profit Margin: TML became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: TML has become profitable over the past 5 years, growing earnings by 63.9% per year.
Accelerating Growth: TML has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: TML has become profitable in the last year, making it difficult to compare its past year earnings growth to the Renewable Energy industry (16.2%).
Return on Equity
High ROE: TML's Return on Equity (0.3%) is considered low.
How is Timah Resources's financial position?
Financial Position Analysis
Short Term Liabilities: TML's short term assets (MYR9.6M) exceed its short term liabilities (MYR1.3M).
Long Term Liabilities: TML's short term assets (MYR9.6M) do not cover its long term liabilities (MYR38.0M).
Debt to Equity History and Analysis
Debt Level: TML's debt to equity ratio (117.5%) is considered high.
Reducing Debt: TML's debt to equity ratio has reduced from 217.2% to 117.5% over the past 5 years.
Debt Coverage: TML's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: TML's interest payments on its debt are not well covered by EBIT (1x coverage).
What is Timah Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TML's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TML'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 TML's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TML'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 TML'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 management tenure
King-Seng Mah (63 yo)
Mr. King Seng Mah, DPMP, PMP, has been Managing Director at Cepatwawasan Group Bhd since February 27, 2008. Mr. Mah serves as Managing Director at Timah Resources Limited since September 16, 2015 and MHC P...
Experienced Management: TML's management team is seasoned and experienced (6 years average tenure).
Experienced Board: TML's board of directors are considered experienced (6 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.
Timah Resources Limited's employee growth, exchange listings and data sources
- Name: Timah Resources Limited
- Ticker: TML
- Exchange: ASX
- Founded: NaN
- Industry: Renewable Electricity
- Sector: Utilities
- Market Cap: AU$7.636m
- Shares outstanding: 89.83m
- Website: https://www.timahresources.com.au
- Timah Resources Limited
- Prima Square, Mile 4
- lot 70, Block 6
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/16 08:04|
|End of Day Share Price||2021/09/16 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.