Loading...

Aldridge Minerals

DB:AIW
Snowflake Description

Imperfect balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AIW
DB
CA$12M
Market Cap
  1. Home
  2. DE
  3. Materials
Company description

Aldridge Minerals Inc., a development stage mining company, engages in the development and exploration of mineral properties in Turkey. The last earnings update was 22 days ago. More info.


Add to Portfolio Compare Print
  • Aldridge Minerals has significant price volatility in the past 3 months.
AIW Share Price and Events
7 Day Returns
14.3%
DB:AIW
-2.4%
DE Metals and Mining
-3.3%
DE Market
1 Year Returns
-21.6%
DB:AIW
-37.2%
DE Metals and Mining
-20%
DE Market
AIW Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Aldridge Minerals (AIW) 14.3% -16.7% -16.7% -21.6% -29.8% -60%
DE Metals and Mining -2.4% -5.8% -25.7% -37.2% -12.2% -8.3%
DE Market -3.3% -4.4% -14.4% -20% -7.2% 0.6%
1 Year Return vs Industry and Market
  • AIW outperformed the Metals and Mining industry which returned -37.2% over the past year.
  • AIW underperformed the Market in Germany which returned -20% over the past year.
Price Volatility
AIW
Industry
5yr Volatility vs Market

AIW Value

 Is Aldridge Minerals undervalued based on future cash flows and its price relative to the stock market?

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 undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Aldridge Minerals to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Aldridge Minerals.

DB:AIW Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 19.5%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:AIW
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 9.5%
Metals and Mining Unlevered Beta Simply Wall St/ S&P Global 1.21
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.214 (1 + (1- 26.5%) (455.52%))
5.279
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.54% + (2 * 9.46%)
19.46%

Discounted Cash Flow Calculation for DB:AIW using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Aldridge Minerals 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.

DB:AIW DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (USD, Millions) 1.19 1.20 1.21 1.22 1.23
Source Est @ 0.82% Est @ 0.82% Est @ 0.82% Est @ 0.82% Est @ 0.82%
Present Value
Discounted (@ 19.46%)
1.00 0.84 0.71 0.60 0.51
Present value of next 5 years cash flows $3.66
DB:AIW DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= $1.23 × (1 + 0.54%) ÷ (19.46% – 0.54%)
$6.56
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= $6.56 ÷ (1 + 19.46%)5
$2.70
DB:AIW Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= $3.66 + $2.70
$6.36
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $6.36 / 140.46
$0.05
DB:AIW Discount to Share Price
Calculation Result
Exchange Rate USD/CAD
(Reporting currency to currency of TSXV:AGM)
1.356
Value per Share
(CAD)
= Value per Share in USD x Exchange Rate (USD/CAD)
= $0.05 x 1.356
CA$0.06
Non-primary Listing Adjustment Factor 1 share in DB:AIW represents 0.47059x of TSXV:AGM
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.47059x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (CAD) x Listing Adjustment Factor
= CA$ 0.06 x 0.47059
€0.03
Value per share (EUR) From above. €0.03
Current discount Discount to share price of €0.04
= -1 x (€0.04 - €0.03) / €0.03
-38.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Aldridge Minerals is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Aldridge Minerals's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Aldridge Minerals's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:AIW PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in USD $-0.02
TSXV:AGM Share Price ** TSXV (2018-12-21) in CAD CA$0.09
TSXV:AGM Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.738 $0.06
Germany Metals and Mining Industry PE Ratio Median Figure of 5 Publicly-Listed Metals and Mining Companies 7.37x
Germany Market PE Ratio Median Figure of 418 Publicly-Listed Companies 16.51x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Aldridge Minerals.

DB:AIW PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:AGM Share Price ÷ EPS (both in USD)

= 0.06 ÷ -0.02

-3.62x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Aldridge Minerals is loss making, we can't compare its value to the DE Metals and Mining industry average.
  • Aldridge Minerals is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Aldridge Minerals's expected growth come at a high price?
Raw Data
DB:AIW PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.62x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Metals and Mining Industry PEG Ratio Median Figure of 56 Publicly-Listed Metals and Mining Companies 0.46x
Germany Market PEG Ratio Median Figure of 278 Publicly-Listed Companies 1.26x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Aldridge Minerals, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Aldridge Minerals's assets?
Raw Data
DB:AIW PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in USD $0.04
TSXV:AGM Share Price * TSXV (2018-12-21) in CAD CA$0.09
TSXV:AGM Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.738 $0.06
Germany Metals and Mining Industry PB Ratio Median Figure of 12 Publicly-Listed Metals and Mining Companies 2.84x
Germany Market PB Ratio Median Figure of 567 Publicly-Listed Companies 1.69x
DB:AIW PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:AGM Share Price ÷ Book Value per Share (both in USD)

= 0.06 ÷ 0.04

1.4x

* Primary Listing of Aldridge Minerals.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Aldridge Minerals is good value based on assets compared to the DE Metals and Mining industry average.
X
Value checks
We assess Aldridge Minerals's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Aldridge Minerals has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

AIW Future Performance

 How is Aldridge Minerals expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Aldridge Minerals 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 growth 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 it right!
Annual Growth Rate
46.8%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Aldridge Minerals expected to grow at an attractive rate?
  • Unable to compare Aldridge Minerals's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Aldridge Minerals's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Aldridge Minerals's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:AIW Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 46.8%
Europe Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 0.8%
Germany Market Earnings Growth Rate Market Cap Weighted Average 10.4%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:AIW Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:AIW Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
DB:AIW Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-09-30 -2 -2
2018-06-30 -2 -2
2018-03-31 -2 -2
2017-12-31 -2 -2
2017-09-30 -3 -3
2017-06-30 -3 -4
2017-03-31 -3 -4
2016-12-31 -4 -4
2016-09-30 -3 -4
2016-06-30 -3 -4
2016-03-31 -3 -5
2015-12-31 -3 -5

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Aldridge Minerals is high growth as no earnings estimate data is available.
  • Unable to determine if Aldridge Minerals 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.
Raw Data
DB:AIW Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Aldridge Minerals Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:AIW Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
DB:AIW Past Financials Data
Date (Data in USD Millions) EPS *
2018-09-30 -0.02
2018-06-30 -0.02
2018-03-31 -0.02
2017-12-31 -0.02
2017-09-30 -0.02
2017-06-30 -0.04
2017-03-31 -0.04
2016-12-31 -0.04
2016-09-30 -0.04
2016-06-30 -0.04
2016-03-31 -0.04
2015-12-31 -0.05

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Aldridge Minerals will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of AIW’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.
  2. Aldridge Minerals's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Aldridge Minerals's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Aldridge Minerals's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Aldridge Minerals has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

AIW Past Performance

  How has Aldridge Minerals performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Aldridge Minerals's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Aldridge Minerals does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Aldridge Minerals's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Aldridge Minerals's 1-year growth to the DE Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Aldridge Minerals's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Aldridge Minerals Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:AIW Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 -2.43 2.44
2018-06-30 -2.35 2.26
2018-03-31 -2.36 2.26
2017-12-31 -2.31 2.24
2017-09-30 -2.69 2.51
2017-06-30 -3.92 3.66
2017-03-31 -4.30 3.86
2016-12-31 -4.42 4.02
2016-09-30 -4.18 3.75
2016-06-30 -4.25 3.09
2016-03-31 -4.51 3.34
2015-12-31 -5.28 3.50
2015-09-30 -5.12 3.45
2015-06-30 -4.34 3.40
2015-03-31 -3.97 3.16
2014-12-31 -3.19 2.98
2014-09-30 -3.02 2.92
2014-06-30 -3.30 3.29
2014-03-31 -4.67 4.69
2013-12-31 -6.63 6.98
2012-12-31 -11.66 11.44
2012-08-31 -11.76 10.38
2012-05-31 -9.33 8.47
2012-02-29 -8.23 7.65

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Aldridge Minerals has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Aldridge Minerals has efficiently used its assets last year compared to the DE Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Aldridge Minerals improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Aldridge Minerals's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.
Aldridge Minerals 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.

Full details on the Past part of the Simply Wall St company analysis model.

AIW Health

 How is Aldridge Minerals's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Aldridge Minerals's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Aldridge Minerals's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Aldridge Minerals's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Aldridge Minerals'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 checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, 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.
Raw Data

All data from Aldridge Minerals Company Filings, last reported 2 months ago.

DB:AIW Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 6.31 40.12 0.32
2018-06-30 6.74 39.06 1.21
2018-03-31 7.27 38.05 1.75
2017-12-31 7.91 37.05 2.55
2017-09-30 8.61 36.03 3.52
2017-06-30 8.87 35.08 5.00
2017-03-31 4.67 34.14 1.58
2016-12-31 5.24 33.21 4.29
2016-09-30 6.32 29.65 2.79
2016-06-30 7.90 19.87 3.61
2016-03-31 8.83 19.07 6.05
2015-12-31 9.53 18.35 8.52
2015-09-30 10.10 12.72 5.76
2015-06-30 11.64 9.40 6.39
2015-03-31 12.78 8.86 10.56
2014-12-31 14.39 8.24 14.33
2014-09-30 15.54 6.95 19.47
2014-06-30 8.12 0.00 2.51
2014-03-31 8.60 0.00 4.21
2013-12-31 9.65 0.00 6.64
2012-12-31 3.72 0.00 3.49
2012-08-31 7.55 0.00 6.58
2012-05-31 10.22 0.00 9.22
2012-02-29 4.02 0.00 2.12
  • Aldridge Minerals's level of debt (635.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 635.6% today).
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.

  • Whilst loss making Aldridge Minerals has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Aldridge Minerals has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -77.2% per year.
X
Financial health checks
We assess Aldridge Minerals's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Aldridge Minerals has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

AIW Dividends

 What is Aldridge Minerals's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Aldridge Minerals dividends.
If you bought €2,000 of Aldridge Minerals shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Aldridge Minerals's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Aldridge Minerals's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:AIW Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Germany Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 1.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 329 Stocks 3.3%
Germany Minimum Threshold Dividend Yield 10th Percentile 1%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:AIW Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Aldridge Minerals has not reported any payouts.
  • Unable to verify if Aldridge Minerals's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Aldridge Minerals's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Aldridge Minerals has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Aldridge Minerals's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Aldridge Minerals afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Aldridge Minerals has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

AIW Management

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

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.
CEO
Han Ilhan
COMPENSATION $417,481
TENURE AS CEO 4.7 years
CEO Bio

Mr. Han Ilhan, MS, P.Eng., has been the Chief Executive Officer and President of Aldridge Minerals Inc. since April 7, 2014. Mr. Ilhan served as Vice President of Projects at Alamos Gold Inc. since October 17, 2011 and its Country Manager of Turkey Operations. He served as the Vice President and Director of Global Mining Business at URS, where he provided engineering and environmental services to the mining industry in over 20 countries. His experience includes project identification, evaluation, planning and development, with a strong emphasis on environmental risk minimization and sustainable development. Additionally, as a part of project evaluations and risk management studies, he has interacted with various stakeholder groups, in addition to technical auditing and due diligence of operating and closed facilities. Mr. Ilhan's specific technical expertise in the mining industry includes engineering, environmental, social risk management and technical planning in the design and construction of heap leach facilities, water supply and diversion systems, pollution prevention measures, waste storage facilities and mine closure and reclamation projects. He has composed numerous engineering and environmental publications and is a distinguished speaker for various high-level mining industry conferences. Mr. Ilhan is a professional engineer and earned his Bachelor of Civil Engineering from Bogazici University in Istanbul, Turkey and Master of Geotechnical Engineering at Oregon State University.

CEO Compensation
  • Han's compensation has increased whilst company is loss making.
  • Han's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure of the Aldridge Minerals management team in years:

4.7
Average Tenure
  • The tenure for the Aldridge Minerals management team is about average.
Management Team

Han Ilhan

TITLE
President & CEO
COMPENSATION
$417K
TENURE
4.7 yrs

Jim O'Neill

TITLE
CFO & Corporate Secretary
COMPENSATION
$171K
TENURE
7.5 yrs

Serdar Akca

TITLE
VP & Country Manager
COMPENSATION
$184K
AGE
53
TENURE
14.9 yrs

Jaymes Dircks

TITLE
Vice President of EPC
COMPENSATION
$297K
TENURE
1 yrs

Ahmet Sentürk

TITLE
VP of Exploration & Yenipazar Branch Manager
COMPENSATION
$118K
TENURE
1 yrs

Oya Misirdali

TITLE
Vice President of Finance

Zafir Ekmekçi

TITLE
Consultant of Flotation
Board of Directors Tenure

Average tenure of the Aldridge Minerals board of directors in years:

5.6
Average Tenure
  • The tenure for the Aldridge Minerals board of directors is about average.
Board of Directors

Jeremy South

TITLE
Chairman of the Board
COMPENSATION
$12K
TENURE
0.9 yrs

Mike Widmer

TITLE
Director
COMPENSATION
$49K
TENURE
5.8 yrs

Gage Jull

TITLE
Independent Director
COMPENSATION
$13K
TENURE
1 yrs

Hande Tacyildiz

TITLE
Director
TENURE
6.8 yrs

Ahmet Tacyildiz

TITLE
Director
TENURE
6.8 yrs

Baran Baycan

TITLE
Director
COMPENSATION
$483K
TENURE
5.6 yrs

Hüseyin Özkul

TITLE
Director
TENURE
4.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Aldridge Minerals's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Aldridge Minerals has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

AIW News

External News
Loading...
Simply Wall St News

AIW Company Info

Map
Description

Aldridge Minerals Inc., a development stage mining company, engages in the development and exploration of mineral properties in Turkey. Its principal property is the Yenipazar Project, a gold-silver-copper-lead-zinc mineral deposit, which covers an area of 100 square kilometers and is located to the east-southeast of Ankara. The company was incorporated in 1994 and is headquartered in Toronto, Canada.

Details
Name: Aldridge Minerals Inc.
AIW
Exchange: DB
Founded: 1994
CA$7,717,262
140,459,214
Website: http://www.aldridgeminerals.ca
Address: Aldridge Minerals Inc.
100-2 Toronto Street,
Suite 215,
Toronto,
Ontario, M5C 2B5,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV AGM Common Shares TSX Venture Exchange CA CAD 24. Aug 1995
OTCPK AGMI.F Common Shares Pink Sheets LLC US USD 24. Aug 1995
DB AIW Common Shares Deutsche Boerse AG DE EUR 24. Aug 1995
Number of employees
Current staff
Staff numbers
0
Aldridge Minerals employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2018/12/21 21:29
End of day share price update: 2018/12/21 00:00
Last estimates confirmation: 2014/09/04
Last earnings filing: 2018/11/29
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.