BST:48O

Stock Analysis Report

Executive Summary

Arkle Resources PLC explores for and develops mineral resources in Ireland.

Snowflake

Fundamentals

Adequate balance sheet and overvalued.

Share Price & News

How has Arkle Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

35.7%

48O

1.6%

DE Metals and Mining

1.4%

DE Market


1 Year Return

-34.9%

48O

-32.8%

DE Metals and Mining

3.7%

DE Market

Return vs Industry: 48O underperformed the German Metals and Mining industry which returned -32.8% over the past year.

Return vs Market: 48O underperformed the German Market which returned 3.7% over the past year.


Shareholder returns

48OIndustryMarket
7 Day35.7%1.6%1.4%
30 Day58.3%-0.3%1.3%
90 Day46.2%9.4%3.4%
1 Year-34.9%-34.9%-31.8%-32.8%7.0%3.7%
3 Year-44.1%-44.1%-34.3%-36.5%18.5%8.3%
5 Year-36.7%-36.7%-20.9%-25.3%42.2%22.9%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Arkle Resources undervalued compared to its fair value and its price relative to the market?

0.71x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate 48O's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate 48O's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 48O is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: 48O is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate 48O's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 48O is good value based on its PB Ratio (0.7x) compared to the DE Metals and Mining industry average (4x).


Next Steps

Future Growth

How is Arkle Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

68.6%

Forecasted Materials 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 Arkle 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.


Next Steps

  • Examine Arkle Resources's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • Arkle Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
  • Explore growth companies in the Materials industry.

Past Performance

How has Arkle Resources performed over the past 5 years?

-3.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 48O is unprofitable, and losses have increased over the past 5 years at a rate of -3% per year.

Accelerating Growth: Unable to compare 48O's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 48O is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-5.2%).


Return on Equity

High ROE: 48O has a negative Return on Equity (-10.23%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: 48O is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: 48O is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Arkle Resources's financial position?


Financial Position Analysis

Short Term Liabilities: 48O's short term assets (€162.0K) exceeds its short term liabilities (€130.0K)

Long Term Liabilities: 48O has no long term liabilities


Debt to Equity History and Analysis

Debt Level: 48O is debt free.

Reducing Debt: 48O has not had any debt for past 5 years.


Balance Sheet

Inventory Level: 48O has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if 48O's debt is covered by short term assets.


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: 48O has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 48O has less than a year of cash runway if free cash flow continues to reduce at historical rates of -36.2% each year


Next Steps

Dividend

What is Arkle Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage1.9%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate 48O's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 48O's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if 48O's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 48O'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 48O's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

What is the CEO of Arkle Resources's salary, the management and board of directors tenure and is there insider trading?

1.7yrs

Average board tenure


CEO

Patrick Cullen 0

2.2yrs

Tenure

€64,327

Compensation

Mr. Patrick Cullen has been Chief Executive Officer of Arkle Resources PLC (also known as Connemara Mining Company P.L.C.) Plc since August 14, 2017 and has been its Director since February 26, 2018. Mr. C ...


Board Age and Tenure

1.7yrs

Average Tenure

Experienced Board: 48O's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Jim Finn (61yo)

    Finance Director

    • Tenure: 13.6yrs
    • Compensation: €12.50k
  • Patrick Cullen

    CEO & Director

    • Tenure: 2.2yrs
    • Compensation: €64.33k

Board Members

  • Jim Finn (61yo)

    Finance Director

    • Tenure: 13.6yrs
    • Compensation: €12.50k
  • John Teeling (73yo)

    Non-Executive Chairman

    • Tenure: 0yrs
    • Compensation: €12.50k
  • Patrick Cullen

    CEO & Director

    • Tenure: 2.2yrs
    • Compensation: €64.33k
  • David Cockbill

    Non-Executive Director

    • Tenure: 1.7yrs
    • Compensation: €12.50k
  • Michael McNeilly

    Non-Executive Director

    • Tenure: 1.7yrs
    • Compensation: €12.50k

Company Information

Arkle Resources PLC's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Arkle Resources PLC
  • Ticker: 48O
  • Exchange: BST
  • Founded: 2004
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: UK£2.084m
  • Listing Market Cap: UK£2.408m
  • Shares outstanding: 132.31m
  • Website: https://arkleresources.com

Location

  • Arkle Resources PLC
  • 162 Clontarf Road
  • Dublin
  • Co. Dublin
  • 3
  • Ireland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ARKAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPJul 2007
48OBST (Boerse-Stuttgart)YesOrdinary SharesDEEURJul 2007

Biography

Arkle Resources PLC explores for and develops mineral resources in Ireland. It explores for gold and zinc deposits. The company holds 100% interests in the Mine River gold project that comprises 8 licenses ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/19 21:22
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.