Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
In this section, we usually try to help investors determine whether MBMI Resources is trading at an attractive price based on the cash flow it is expected to produce in the future. But as MBMI Resources has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.
Show me the analysis anyway
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
MBMI Resources. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
MBMI Resources's earnings available for a low price, and how does
this compare to other companies in the same industry?
MBMI Resources has negative assets, we can't compare the value of its assets to the CA Metals and Mining industry average.
Take a look at our analysis of MBR.H’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through MBMI Resources's regulatory filings and announcements.
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 MBMI 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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare MBMI Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare MBMI Resources's earnings growth to the Canada market average as no estimate data is available.
Unable to compare MBMI Resources's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if MBMI Resources is high growth as no earnings estimate data is available.
Unable to determine if MBMI Resources is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
MBMI Resources's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Metals and Mining
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Shuen Chuen Chan, also known as Joseph, MBA, ACA(UK), FCPA(HK), CPA, CGA, serves as the President and Chief Executive Officer of MBMI Resources, Inc. Mr. Chan served as an Interim President and Interim Chief Executive Officer of MBMI Resources, Inc. since October 18, 2013. Mr. Chan served as the Chief Financial Officer and Corporate Secretary of Kaiyue International Inc. until September 29, 2012. He also serves as an Qualified Accountant of Harmony Asset Ltd. He has over 30 years of accounting and management experience in the fields of industrial manufacturing, service industry, academic and Government. He has been a Director of Medifocus Inc. since August 28, 2008, Ellipsiz Communications (Taiwan) Ltd. since January 2018 and MBMI Resource Limited since April 2011. He served as an Executive Director at Harmony Asset Ltd. from December 29, 2006 to October 29, 2014. He served as a Director of Kaiyue International Inc. from November 23, 2009 to September 29, 2012. He served as a Director of Champion Iron Mines, Inc from November 2009 to April 2, 2013. Professionally, Mr. Chan is a Fellow member of the Hong Kong Institute of Certified Public Accountants, the Association of Chartered Certified Accountants and the Chartered Institute of Management Accountants, as well as a Member of the Certified General Accountants Association of Canada. He is an Associate Member of The Institute of Chartered Accountants in England and Wales. Mr. Chan holds an MBA degree from Heriot-Watt University, Edinburgh Business School, Scotland, UK.
Insufficient data for Joseph to compare compensation growth.
Joseph's remuneration is lower than average for companies of similar size in Canada.
Chief Financial Officer
Board of Directors Tenure
Average tenure of the
board of directors in years:
The tenure for the MBMI Resources board of directors is about average.
Board of Directors
Chairman of the Board
Vice Chairman of Mbmi Philippines and Director of Mbmi Philippines
MBMI Resources Inc., a mining company, engages in the acquisition, exploration, and development of mineral properties in the Philippines. The company explores for nickel mineral properties. It owns Borongan-Maydolong, Gen. Mcarthur-Llorente, Balangiga-Giporlos, and Homohon Island properties covering an area of approximately 10,150 hectares located in Samar. The company was incorporated in 1987 and is headquartered in Markham, Canada.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.