KP10

Kore Potash DB:KP10 Stock Report

Last Price

€0.019

Market Cap

€46.3m

7D

0%

1Y

n/a

Updated

23 Jul, 2022

Data

Company Financials
KP10 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

KP10 Stock Overview

Kore Potash plc, together with its subsidiaries, engages in the exploration and development of potash minerals in the Republic of Congo.

Kore Potash Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Kore Potash
Historical stock prices
Current Share PriceUK£0.019
52 Week HighUK£0.019
52 Week LowUK£0.01
Beta0
1 Month Change0%
3 Month Change46.15%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO111.11%

Recent News & Updates

Shareholder Returns

KP10DE Metals and MiningDE Market
7D0%5.7%2.1%
1Yn/a-23.9%-19.7%

Return vs Industry: Insufficient data to determine how KP10 performed against the German Metals and Mining industry.

Return vs Market: Insufficient data to determine how KP10 performed against the German Market.

Price Volatility

Is KP10's price volatile compared to industry and market?
KP10 volatility
KP10 Average Weekly Movementn/a
Metals and Mining Industry Average Movement8.0%
Market Average Movement5.7%
10% most volatile stocks in DE Market10.5%
10% least volatile stocks in DE Market2.9%

Stable Share Price: Insufficient data to determine KP10's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine KP10's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
201725Brad Sampsonhttps://korepotash.com

Kore Potash plc, together with its subsidiaries, engages in the exploration and development of potash minerals in the Republic of Congo. The company focuses on its 97%-owned Sintoukola potash project that comprises the Kola sylvinite and carnallite deposits located to the north of the city of Pointe Noire. Kore Potash plc was incorporated in 2017 and is based in London, the United Kingdom.

Kore Potash Fundamentals Summary

How do Kore Potash's earnings and revenue compare to its market cap?
KP10 fundamental statistics
Market CapUS$47.30m
Earnings (TTM)-US$1.94m
Revenue (TTM)n/a

0.0x

P/S Ratio

-24.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
KP10 income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other ExpensesUS$1.94m
Earnings-US$1.94m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.00056
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did KP10 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is KP10 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for KP10?

Other financial metrics that can be useful for relative valuation.

KP10 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Book Ratio vs Peers

How does KP10's PB Ratio compare to its peers?

KP10 PB Ratio vs Peers
The above table shows the PB ratio for KP10 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average7x
2LF Greenland Resources
21.6xn/a€36.3m
ROR SunMirror
1x59.0%€27.8m
PNX Pasinex Resources
1.9xn/a€3.2m
02P Pearl Gold
1.7xn/a€17.0m
KP10 Kore Potash
0.3xn/a€39.3m

Price-To-Book vs Peers: KP10 is good value based on its Price-To-Book Ratio (0.3x) compared to the peer average (7x).


Price to Earnings Ratio vs Industry

How does KP10's PE Ratio compare vs other companies in the European Metals and Mining Industry?

Price-To-Book vs Industry: KP10 is good value based on its Price-To-Book Ratio (0.3x) compared to the German Metals and Mining industry average (1.4x)


Price to Book Ratio vs Fair Ratio

What is KP10's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

KP10 PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio0.3x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate KP10's Price-To-Book Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of KP10 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate KP10's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate KP10's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-12.4%

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 Kore Potash 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.


Discover growth companies

  • Examine Kore Potash'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.
  • Kore Potash competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Kore Potash performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


10.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: KP10 is currently unprofitable.

Growing Profit Margin: KP10 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: KP10 is unprofitable, but has reduced losses over the past 5 years at a rate of 10.4% per year.

Accelerating Growth: Unable to compare KP10's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: KP10 is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (92.4%).


Return on Equity

High ROE: KP10 has a negative Return on Equity (-1.09%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Kore Potash's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: KP10's short term assets ($11.3M) exceed its short term liabilities ($1.1M).

Long Term Liabilities: KP10 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: KP10 is debt free.

Reducing Debt: KP10 had no debt 5 years ago.


Balance Sheet


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: KP10 has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: KP10 has sufficient cash runway for 1.3 years if free cash flow continues to grow at historical rates of 6.2% each year.


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Dividend

What is Kore Potash current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate KP10's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate KP10'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 KP10's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if KP10's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as KP10 has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

4.4yrs

Average management tenure


CEO

Brad Sampson (56 yo)

4.08yrs

Tenure

US$612,193

Compensation

Mr. Stuart Bradley Sampson, also known as Brad, B.E. (Hons) Mining, MBA, AMP, MAusIMM, serves as an Independent Non-Executive Director at Metallica Minerals Limited since May 13, 2021. He is an experienced...


CEO Compensation Analysis

Compensation vs Market: Brad's total compensation ($USD612.19K) is above average for companies of similar size in the German market ($USD417.90K).

Compensation vs Earnings: Brad's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: KP10's management team is considered experienced (4.4 years average tenure).


Board Members

Experienced Board: KP10's board of directors are considered experienced (4.3 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Kore Potash plc's employee growth, exchange listings and data sources


Key Information

  • Name: Kore Potash plc
  • Ticker: KP10
  • Exchange: DB
  • Founded: 2017
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Implied Market Cap: UK£39.332m
  • Listing Market Cap: UK£46.268m
  • Shares outstanding: 3.42b
  • Website: https://korepotash.com

Number of Employees


Location

  • Kore Potash plc
  • 45 Gresham Street
  • London
  • Greater London
  • EC2V 7BG
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/23 00:00
End of Day Share Price2022/04/25 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.