TSX:EFR

Stock Analysis Report

Executive Summary

Energy Fuels Inc., together with its subsidiaries, engages in the extraction, recovery, exploration, and sale of conventional and in situ uranium recovery in the United States.


Snowflake Analysis

Excellent balance sheet and slightly overvalued.


Similar Companies

Share Price & News

How has Energy Fuels's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: EFR's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

6.4%

EFR

2.8%

CA Oil and Gas

4.5%

CA Market


1 Year Return

-68.3%

EFR

-44.8%

CA Oil and Gas

-24.5%

CA Market

Return vs Industry: EFR underperformed the Canadian Oil and Gas industry which returned -44.8% over the past year.

Return vs Market: EFR underperformed the Canadian Market which returned -24.5% over the past year.


Shareholder returns

EFRIndustryMarket
7 Day6.4%2.8%4.5%
30 Day-9.1%-37.8%-20.1%
90 Day-39.5%-44.8%-24.9%
1 Year-68.3%-68.3%-42.0%-44.8%-22.0%-24.5%
3 Year-45.7%-45.7%-46.4%-52.6%-14.2%-22.2%
5 Year-72.0%-72.0%-48.0%-56.8%-1.9%-16.5%

Price Volatility Vs. Market

How volatile is Energy Fuels's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Energy Fuels 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: EFR (CA$1.5) is trading below our estimate of fair value (CA$25.17)

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


Price To Earnings Ratio

PE vs Industry: EFR is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.

PE vs Market: EFR is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: EFR is overvalued based on its PB Ratio (0.8x) compared to the CA Oil and Gas industry average (0.4x).


Next Steps

Future Growth

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

-3.6%

Forecasted Energy industry annual growth in earnings


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if EFR's forecast earnings growth is above the savings rate (1.4%).

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

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

Revenue vs Market: Insufficient data to determine if EFR's revenue is forecast to grow faster than the Canadian market.

High Growth Revenue: Insufficient data to determine if EFR's revenue 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 EFR's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Energy Fuels performed over the past 5 years?

25.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EFR is currently unprofitable.

Growing Profit Margin: EFR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: EFR is unprofitable, but has reduced losses over the past 5 years at a rate of 25.3% per year.

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

Earnings vs Industry: EFR is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-2.5%).


Return on Equity

High ROE: EFR has a negative Return on Equity (-29.17%), as it is currently unprofitable.


Next Steps

Financial Health

How is Energy Fuels's financial position?


Financial Position Analysis

Short Term Liabilities: EFR's short term assets ($43.2M) exceed its short term liabilities ($22.6M).

Long Term Liabilities: EFR's short term assets ($43.2M) exceed its long term liabilities ($22.5M).


Debt to Equity History and Analysis

Debt Level: EFR's debt to equity ratio (12.9%) is considered satisfactory.

Reducing Debt: EFR's debt to equity ratio has reduced from 15.6% to 12.9% over the past 5 years.


Balance Sheet

Inventory Level: EFR has a high level of physical assets or inventory.

Debt Coverage by Assets: EFR's debt is covered by short term assets (assets are 2.6x debt).


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

Forecast Cash Runway: EFR has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of -13.2% each year.


Next Steps

Dividend

What is Energy Fuels's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate EFR's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if EFR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if EFR'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 EFR's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

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

2.0yrs

Average management tenure


CEO

Mark Chalmers (61yo)

2s

Tenure

US$2,425,675

Compensation

Mr. Mark S. Chalmers, B.Sc, P.E., SME has been the President of Energy Fuels Inc. since July 1, 2017 and has been its Chief Executive Officer and Director since February 1, 2018. Mr. Chalmers has been the  ...


CEO Compensation Analysis

Compensation vs Market: Mark's total compensation ($USD2.43M) is above average for companies of similar size in the Canadian market ($USD159.13K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Mark Chalmers
President2yrsUS$2.43m0.41% $709.0k
David Frydenlund
CFO, General Counsel & Corporate Secretary2yrsUS$1.22m0.19% $319.8k
William Goranson
Chief Operating Officer2yrsUS$1.23m0.33% $562.3k
Curtis Moore
Vice President of Marketing & Corporate Development4.67yrsUS$369.96k0.12% $200.8k
Matthew Tarnowski
Chief Accounting Officer & Controller2yrsno data0.039% $67.2k
Daniel Kapostasy
Chief Geologist of Conventional Miningno datano datano data
Philip Buck
Vice President of Mining - Energy Fuels Resources (USA) Incno dataUS$349.60kno data

2.0yrs

Average Tenure

59yo

Average Age

Experienced Management: EFR's management team is considered experienced (2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mark Chalmers
President2yrsUS$2.43m0.41% $709.0k
Bruce Hansen
Independent Director13.17yrsUS$112.00k0.12% $206.9k
Dennis Higgs
Independent Director4.67yrsUS$92.00k0.27% $462.0k
Alexander Morrison
Director0.58yrno data0.072% $123.8k
J. Bovaird
Independent Chairman13.42yrsUS$120.00k0.094% $161.9k
Barbara Filas
Independent Director2yrsUS$75.97k0.030% $51.8k
Benjamin Eshleman
Independent Director2.83yrsUS$121.57k0.055% $95.3k
Robert Kirkwood
Independent Director2.83yrsUS$143.01k0.47% $814.4k

2.8yrs

Average Tenure

61yo

Average Age

Experienced Board: EFR's board of directors are not considered experienced ( 2.8 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: EFR insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 14.6%.


Top Shareholders

Company Information

Energy Fuels Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Energy Fuels Inc.
  • Ticker: EFR
  • Exchange: TSX
  • Founded: 1987
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Market Cap: CA$172.418m
  • Shares outstanding: 114.95m
  • Website: https://www.energyfuels.com

Number of Employees


Location

  • Energy Fuels Inc.
  • 225 Union Boulevard
  • Suite 600
  • Lakewood
  • Colorado
  • 80228
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VO51DB (Deutsche Boerse AG)YesCommon SharesDEEURSep 1988
EFRTSX (The Toronto Stock Exchange)YesCommon SharesCACADSep 1988
UUUUAMEX (NYSE MKT LLC)YesCommon SharesUSUSDSep 1988
0UU0LSE (London Stock Exchange)YesCommon SharesGBCADSep 1988

Biography

Energy Fuels Inc., together with its subsidiaries, engages in the extraction, recovery, exploration, and sale of conventional and in situ uranium recovery in the United States. The company owns and operates the Nichols Ranch uranium recovery facility located in Wyoming; the Alta Mesa project located in Texas; and the White Mesa Mill located in Utah. It also holds interests in uranium and uranium/vanadium properties and projects in various stages of exploration, permitting, and evaluation located in Utah, Wyoming, Arizona, New Mexico, and Colorado. The company was formerly known as Volcanic Metals Exploration Inc. and changed its name to Energy Fuels Inc. in May 2006. Energy Fuels Inc. was incorporated in 1987 and is headquartered in Lakewood, Colorado. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/31 01:41
End of Day Share Price2020/03/30 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.