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
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Bannerman 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
Bannerman Resources's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Bannerman 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 Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Bannerman Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Bannerman Resources's earnings growth to the Germany market average as no estimate data is available.
Unable to compare Bannerman Resources's revenue growth to the Germany market average as no estimate data is available.
Unable to determine if Bannerman Resources is high growth as no earnings estimate data is available.
Unable to determine if Bannerman 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.
Bannerman 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
Oil and Gas
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.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Bannerman Resources's finances.
The net worth of a company is the difference between its assets and liabilities.
Bannerman Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Bannerman Resources's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
Bannerman Resources's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Bannerman Resources has no debt, it does not need to be covered by short term assets.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
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. Brandon Mackay Munro, LLB, BEc, Grad Dip App Fin & Inv, GAICD, F.Fin, has been the Chief Executive Officer and Managing Director at Bannerman Resources Limited since March 9, 2016. Mr. Munro serves as the Managing Director of African Mining Capital Pty Ltd. He served as the Chief Executive Officer of Department 13 International Limited and served as its Managing Director since April 4, 2014 until December 18, 2015. He served as an Executive Director of Department 13 International Ltd (alternate name: Kunene Resources Limited) from April 4, 2014 to December 18, 2015. Mr. Munro served as General Manager of Corporate Development at Bannerman Resources Limited from November 25, 2009 to September 30, 2011. He held responsibility for corporate development including Bannerman's social responsibility programs. He has a legal background, specialized in mergers & acquisitions and corporate law at leading Australian law firms. He is a corporate lawyer by profession with executive experience in the private equity, mining, infrastructure and IT sectors. He has regulatory, governance, mergers and acquisitions and capital markets knowledge to the team as well as his own experience co-founding start-ups in the IT and exploration sectors. Mr. Munro has a successful track record executing a range of complex, large scale transactions in the resources and infrastructure sectors across several continents. He has worked extensively within the capital markets context for more than 10 years, predominantly in the energy and resources sectors. He serves as Chairperson of Bannerman Mining Resources (Namibia) (Pty) Ltd. He has been a Director of Bannerman Resources Limited since May 13, 2016. He has been a Non-Executive Director of Novatti Group Limited since October 12, 2015. He served as a Non-Executive Director at Rewardle Holdings Limited from March 2014 to May 30, 2017. Mr. Munro served as an Executive with GRD Ltd. and OceanaGold Ltd. Group. He is Fellow of the Art Gallery of Western Australia Foundation and is a Trustee of Save the Rhino Trust of Namibia. He is a Fellow of Finsia and a Graduate Member of the Australian Institute of Company Directors. He has degrees in Economics and Law from the University of Western Australia and postgraduate qualifications in Applied Finance and Investment from the Securities Institute of Australia (also Finsia).
Brandon's compensation has been consistent with company performance over the past year, both up more than 20%.
Brandon's remuneration is about average for companies of similar size in Germany.
Management Team Tenure
Average tenure of the
management team in years:
The tenure for the Bannerman Resources management team is about average.
CEO, MD & Director
Managing Director of Bannerman Mining Resources Namibia Pty Ltd
Company Secretary & Financial Controller
Project Advisor of Etango
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The tenure for the Bannerman Resources board of directors is about average.
Bannerman Resources Limited engages in the exploration and development of uranium properties in Namibia, Southern Africa. The company’s principal property is its 95% -owned Etango Project located in the Erongo uranium mining region of Namibia. Bannerman Resources Limited was incorporated in 2005 and is based in Subiaco, Australia.
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.