Discounted Cash Flow Calculation for BST:9IA using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for
is arrived at by discounting future cash flows to their present value using the 2 stage method. We use
analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.
BST:9IA DCF 1st Stage: Next 5 year cash flow forecast
Amount off the current price
is available for.
Share price is
vs Future cash flow value of
Current Discount Checks
to be considered undervalued it must be available for at least 20% below the
current price. Less than 40% is even better.
AfriTin Mining's share price is below the future cash flow value, and at a moderate discount (> 20%).
AfriTin Mining's share price is below the future cash flow value, and at a substantial discount (> 40%).
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
AfriTin Mining'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 AfriTin Mining 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 AfriTin Mining's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare AfriTin Mining's earnings growth to the Germany market average as no estimate data is available.
Unable to compare AfriTin Mining's revenue growth to the Germany market average as no estimate data is available.
Unable to determine if AfriTin Mining is high growth as no earnings estimate data is available.
Unable to determine if AfriTin Mining 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.
AfriTin Mining'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. Anthony Richard Viljoen, BA Mgt, PG, Dip FBI has been the Chief Executive Officer of Lemur Resources Limited since November 6, 2013. Mr. Viljoen served as Chief Operations Officer of Bushveld Minerals Limited. Mr. Viljoen serves as a Director of VM Investment Company (Pty) Ltd. He is responsible for the establishment and project development of a number of junior mining companies across Africa, including New Kush Exploration and Mining (Gold, South Sudan), Coal of Madagascar, Greenhills Resources (Tin), New Horizon Minerals (Iron Ore), Frontier Platinum Resources and Eagle Uranium. Mr. Viljoen serves as an Executive Director of Bushveld Minerals Limited since March 1, 2012. Mr. Viljoen has been an Executive Director of Lemur Resources Limited since November 8, 2010. Mr. Viljoen served as an Interim Executive Director of Lemur Resources Limited since April 8, 2013. Mr. Viljoen served as a Director of Lemur Resources Limited from November 8, 2010 to April 8, 2013. Mr. Viljoen has mining exploration and investment banking experience and previously worked at Deutsche Bank, Barclays Capital, London and Loita Capital Partners, a pan African investment banking firm, in their Structured Trade and Project Finance division. He is a Mining Entrepreneur and Founding Shareholder. Mr. Viljoen graduated from the University of Natal, Pietermaritzburg with a Bachelor's Degree in Business and Agricultural Economics and a Post Graduate Diploma of Finance Banking and Investment Management.
Insufficient data for Anthony to compare compensation growth.
Anthony's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure
Average tenure of the
management team in years:
The average tenure for the AfriTin Mining management team is less than 2 years, this suggests a new team.
CEO & Director
Frans van Daalen
Chief Operating Officer
Chief Financial Officer
Member of Management Board
Member of Management Board
Member of Management Board
Corporate Development Officer
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the AfriTin Mining board of directors is less than 3 years, this suggests a new board.
AfriTin Mining Limited operates as a mining company with a portfolio of production tin assets in Namibia and South Africa. Its flagship asset is the Uis brownfield tin mine located in the Erongo Region, Namibia. It also owns the Mokopane Tin Project located in the Mokopane District, Limpopo Province, South Africa. AfriTin Mining Limited was founded in 2017 and is headquartered in St Peter Port, Guernsey.
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