DB:FZJ

Stock Analysis Report

Executive Summary

Nkwe Platinum Limited engages in the acquisition, exploration, and development of platinum group and associated base metal projects.

Snowflake

Fundamentals

Excellent balance sheet and overvalued.

Risks

  • Nkwe Platinum has significant price volatility in the past 3 months.
  • Nkwe Platinum's last earnings update was 185 days ago.
  • Nkwe Platinum is not covered by any analysts.

Share Price & News

How has Nkwe Platinum's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

20.0%

DB:FZJ

-6.5%

DE Metals and Mining

-1.5%

DE Market


1 Year Return

n/a

DB:FZJ

-48.4%

DE Metals and Mining

-10.4%

DE Market

No trading data on FZJ.

No trading data on FZJ.


Share holder returns

FZJIndustryMarket
7 Day20.0%-6.5%-1.5%
30 Day17.4%-14.1%-4.3%
90 Day50.0%-22.5%-5.9%
1 Yearn/a-47.6%-48.4%-7.6%-10.4%
3 Year80.0%80.0%-47.3%-49.1%9.4%0.03%
5 Year20.0%20.0%-43.0%-46.0%25.6%8.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

0.74x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Nkwe Platinum to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Nkwe Platinum to establish if it is available at substantial discount.


Price Based on Earnings

Nkwe Platinum is loss making, we can't compare its value to the DE Metals and Mining industry average.

Nkwe Platinum is loss making, we can't compare the value of its earnings to the Germany market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Nkwe Platinum, we can't assess if its growth is good value.


Price Based on Value of Assets

Nkwe Platinum is good value based on assets compared to the DE Metals and Mining industry average.


Next Steps

Future Growth

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

62.9%

Forecasted Metals and Mining 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 Nkwe Platinum 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

Past Performance

How has Nkwe Platinum performed over the past 5 years?

14.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Nkwe Platinum does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.

Unable to compare Nkwe Platinum's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Nkwe Platinum's 1-year growth to the DE Metals and Mining industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Nkwe Platinum has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Nkwe Platinum has efficiently used its assets last year compared to the DE Metals and Mining industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Nkwe Platinum improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Nkwe Platinum's financial position?


Financial Position Analysis

Nkwe Platinum is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Nkwe Platinum's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Nkwe Platinum's level of debt (5.9%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has increased over the past 5 years (0% vs 5.9% today).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.2x debt.


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.

Nkwe Platinum has sufficient cash runway for 2.6 years based on current free cash flow.

Nkwe Platinum has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -28.8% each year.


Next Steps

Dividend

What is Nkwe Platinum's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Nkwe Platinum's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Nkwe Platinum's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Nkwe Platinum has not reported any payouts.

Unable to verify if Nkwe Platinum's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Nkwe Platinum 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.


Next Steps

Management

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

4.4yrs

Average management tenure


CEO

Tielong Tan

2.8yrs

Tenure

AU$264,333

Compensation

Dr. Tielong Tan has been Chief Executive Officer and Managing Director of Nkwe Platinum Limited since May 02, 2016. Dr. Tan was appointed Deputy General Manager of Overseas Development Department of Zijin  ...


CEO Compensation Analysis

Tielong's remuneration is about average for companies of similar size in Germany.

Tielong's compensation has increased whilst company is loss making.


Management Age and Tenure

4.4yrs

Average Tenure

The tenure for the Nkwe Platinum management team is about average.


Board Age and Tenure

1.9yrs

Average Tenure

The average tenure for the Nkwe Platinum board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month insider trading information.


Ownership Breakdown


Management Team

  • Tony Weber

    Technical Advisor

    • Compensation: A$96.70k
  • Keith Bowker

    Company Secretary

    • Tenure: 4.4yrs
  • Scott Li

    Chief Financial Officer

    • Tenure: 4.4yrs
  • Tielong Tan

    MD, CEO & Director

    • Tenure: 2.8yrs
    • Compensation: A$264.33k

Board Members

  • Neville Bergin (62yo)

    Independent Non-Executive Director

    • Tenure: 1.0yrs
  • George Fang (56yo)

    Non-Executive Chairman of the Board

    • Tenure: 3.3yrs
    • Compensation: A$36.00k
  • Richard Jones

    Non-Executive Director

    • Tenure: 3.3yrs
    • Compensation: A$36.00k
  • Tielong Tan

    MD, CEO & Director

    • Tenure: 2.8yrs
    • Compensation: A$264.33k
  • Shunjin Zhang

    Deputy Chairman

    • Tenure: 0.4yrs
  • Richard O’Shannassy

    Independent Non-Executive Director

    • Tenure: 1.0yrs

Company Information

Nkwe Platinum Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Nkwe Platinum Limited
  • Ticker: FZJ
  • Exchange: DB
  • Founded:
  • Industry: precious metals and minerals
  • Sector: materials
  • Market Cap: AU$88.293m
  • Listing Market Cap: AU$55.246m
  • Shares outstanding: 896.37m
  • Website: Click here

Location

  • Nkwe Platinum Limited
  • Clarendon House
  • 2 Church Street
  • Hamilton
  • HM 11
  • Bermuda

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NKPASX (Australian Securities Exchange)YesOrdinary SharesAUAUDSep 2003
NKWE.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDSep 2003
FZJDB (Deutsche Boerse AG)YesOrdinary SharesDEEURSep 2003
NKPCHIA (Chi-X Australia)YesOrdinary SharesAUAUDSep 2003
FZJBST (Boerse-Stuttgart)YesOrdinary SharesDEEURSep 2003

Biography

Nkwe Platinum Limited engages in the acquisition, exploration, and development of platinum group and associated base metal projects. Its flagship Garatau project comprising three contiguous properties, suc ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/03/17 21:19
End of Day Share Price2019/03/15 00:00
Earnings2018/06/30
Annual Earnings2017/12/31


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.