Element ASAengages acquisition and development of mineral resources.
+ 2 more risks
Adequate balance sheet and overvalued.
Share Price & News
How has Element's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: XEN's share price has been volatile over the past 3 months.
7 Day Return
DE Metals and Mining
1 Year Return
DE Metals and Mining
Return vs Industry: Insufficient data to determine how XEN performed against the German Metals and Mining industry.
Return vs Market: Insufficient data to determine how XEN performed against the German Market.
Price Volatility Vs. Market
How volatile is Element's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Element undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate XEN's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate XEN's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: XEN is unprofitable, so we can't compare its PE Ratio to the XE Metals and Mining industry average.
PE vs Market: XEN is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate XEN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: XEN is good value based on its PB Ratio (2.7x) compared to the DE Metals and Mining industry average (3.5x).
How is Element forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Element 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.
- Examine Element'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.
- Element competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Element performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: XEN is currently unprofitable.
Growing Profit Margin: XEN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: XEN is unprofitable, and losses have increased over the past 5 years at a rate of 34.2% per year.
Accelerating Growth: Unable to compare XEN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: XEN is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-7.8%).
Return on Equity
High ROE: XEN has a negative Return on Equity (-113.66%), as it is currently unprofitable.
How is Element's financial position?
Financial Position Analysis
Short Term Liabilities: XEN's short term assets ($2.6M) exceed its short term liabilities ($1.6M).
Long Term Liabilities: XEN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: XEN is debt free.
Reducing Debt: XEN had no debt 5 years ago.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: XEN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: XEN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9.4% each year
What is Element current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate XEN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate XEN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if XEN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if XEN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of XEN's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Geir Johansen serves as the Chief Financial Officer of Element ASA since December 7, 2018 and its CEO since June 6, 2019. He served as Chief Financial Officer at Nickel Mountain Group AB (publ) from Ja ...
CEO Compensation Analysis
Compensation vs Market: Geir's total compensation ($USD158.20K) is below average for companies of similar size in the German market ($USD476.02K).
Compensation vs Earnings: Insufficient data to compare Geir's compensation with company performance.
|CEO & CFO||1.17yrs||US$1.43m||0.26% |
|Chief Operating Officer||1.92yrs||US$1.57m||0.26% |
|Vice President of Communication & Corporate Affairs||no data||US$72.00k||no data|
|Head of The Philippine Operations and Country Manager||7.08yrs||no data||no data|
|Chief Project Manager and Vice President of Projects||no data||no data||no data|
|President of Intex Resources Philippines Inc||no data||no data||no data|
Experienced Management: XEN's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
|Board Member||2.17yrs||US$350.00k||0.15% |
|Member of Nomination Committee||0.17yr||US$18.00k||2.95% |
|Member of Nomination Committee||0.17yr||no data||no data|
|Director||0.17yr||no data||no data|
|Member of Nomination Committee||0.17yr||no data||no data|
Experienced Board: XEN's board of directors are not considered experienced ( 0.2 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 49.1%.
Element ASA's company bio, employee growth, exchange listings and data sources
- Name: Element ASA
- Ticker: XEN
- Exchange: BST
- Founded: 1996
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: kr103.948m
- Listing Market Cap: kr9.750m
- Shares outstanding: 18.90m
- Website: https://www.elementasa.com
Number of Employees
- Element ASA
- Grundingen 2
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ELE||OB (Oslo Bors)||Yes||Ordinary Shares||NO||NOK||Oct 1996|
|XEN||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Oct 1996|
|0HTS||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||NOK||Oct 1996|
|XEN||BST (Boerse-Stuttgart)||Yes||Ordinary Shares||DE||EUR||Oct 1996|
Element ASAengages acquisition and development of mineral resources. It holds interests in the nickel-cobalt-mineralized areas on the island of Mindoro in the Philippines. The company’s main assets are cu ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/08 21:55|
|End of Day Share Price||2020/08/07 00:00|
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.