| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
ARS Stock Overview
Asiamet Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral properties in Indonesia.
Asiamet Resources Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£0.012 |
| 52 Week High | UK£0.033 |
| 52 Week Low | UK£0.01 |
| Beta | 2.48 |
| 1 Month Change | -6.00% |
| 3 Month Change | -41.98% |
| 1 Year Change | -46.59% |
| 3 Year Change | -67.59% |
| 5 Year Change | -78.24% |
| Change since IPO | -92.17% |
Recent News & Updates
Here's Why We're Watching Asiamet Resources' (LON:ARS) Cash Burn Situation
We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
Shareholder Returns
| ARS | GB Metals and Mining | GB Market | |
|---|---|---|---|
| 7D | 4.4% | 0.2% | 0.4% |
| 1Y | -46.6% | -13.4% | -9.0% |
Return vs Industry: ARS underperformed the UK Metals and Mining industry which returned -13.4% over the past year.
Return vs Market: ARS underperformed the UK Market which returned -7.8% over the past year.
Price Volatility
| ARS volatility | |
|---|---|
| ARS Average Weekly Movement | 6.6% |
| Metals and Mining Industry Average Movement | 7.7% |
| Market Average Movement | 5.4% |
| 10% most volatile stocks in GB Market | 10.8% |
| 10% least volatile stocks in GB Market | 2.7% |
Stable Share Price: ARS is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: ARS's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2017 | n/a | Darryn McClelland | https://www.asiametresources.com |
Asiamet Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral properties in Indonesia. The company explores for copper, gold, zinc, lead, and silver deposits. Its flagship project is the BKM copper project, which covers an area of 390 square kilometers located in Kalimantan.
Asiamet Resources Fundamentals Summary
| ARS fundamental statistics | |
|---|---|
| Market Cap | US$27.68m |
| Earnings (TTM) | -US$5.88m |
| Revenue (TTM) | n/a |
0.0x
P/S Ratio-4.7x
P/E RatioIs ARS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ARS income statement (TTM) | |
|---|---|
| Revenue | US$0 |
| Cost of Revenue | US$0 |
| Gross Profit | US$0 |
| Other Expenses | US$5.88m |
| Earnings | -US$5.88m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.003 |
| Gross Margin | 0.00% |
| Net Profit Margin | 0.00% |
| Debt/Equity Ratio | 0% |
How did ARS perform over the long term?
See historical performance and comparisonValuation
Is ARS undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
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 ARS?
Other financial metrics that can be useful for relative valuation.
| What is ARS's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | US$27.68m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | n/a |
| Enterprise Value/EBITDA | -3.4x |
| PEG Ratio | n/a |
Price to Book Ratio vs Peers
How does ARS's PB Ratio compare to its peers?
| ARS PB Ratio vs Peers |
|---|
| Company | PB | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 5.8x | ||
KEFI KEFI Gold and Copper | 1.1x | n/a | UK£23.2m |
LND Landore Resources | 18.5x | n/a | UK£21.2m |
MTL Metals Exploration | 2.7x | 25.5% | UK£20.9m |
KDNC Cadence Minerals | 0.9x | n/a | UK£19.6m |
ARS Asiamet Resources | 3.7x | n/a | UK£22.8m |
Price-To-Book vs Peers: ARS is good value based on its Price-To-Book Ratio (3.7x) compared to the peer average (5.8x).
Price to Earnings Ratio vs Industry
How does ARS's PE Ratio compare vs other companies in the GB Metals and Mining Industry?
Price-To-Book vs Industry: ARS is expensive based on its Price-To-Book Ratio (3.7x) compared to the UK Metals and Mining industry average (1.2x)
Price to Book Ratio vs Fair Ratio
What is ARS'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.
| Fair Ratio | |
|---|---|
| Current PB Ratio | 3.7x |
| Fair PB Ratio | n/a |
Price-To-Book vs Fair Ratio: Insufficient data to calculate ARS's Price-To-Book Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of ARS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate ARS's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate ARS'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 Asiamet Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
-16.9%
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 Asiamet Resources 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.
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- Examine Asiamet Resources'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.
- Asiamet Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has Asiamet Resources performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
13.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ARS is currently unprofitable.
Growing Profit Margin: ARS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ARS is unprofitable, but has reduced losses over the past 5 years at a rate of 13.4% per year.
Accelerating Growth: Unable to compare ARS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ARS is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (9.8%).
Return on Equity
High ROE: ARS has a negative Return on Equity (-81.33%), as it is currently unprofitable.
Discover strong past performing companies
Financial Health
How is Asiamet Resources's financial position?
Financial Health Score
6/6Financial 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: ARS's short term assets ($9.1M) exceed its short term liabilities ($981.0K).
Long Term Liabilities: ARS's short term assets ($9.1M) exceed its long term liabilities ($794.0K).
Debt to Equity History and Analysis
Debt Level: ARS is debt free.
Reducing Debt: ARS has no debt compared to 5 years ago when its debt to equity ratio was 14.7%.
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: ARS has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ARS has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 1.8% each year.
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Dividend
What is Asiamet Resources's current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend 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 ARS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ARS'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 ARS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ARS'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 ARS has not reported any payouts.
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Management
How experienced are the management team and are they aligned to shareholders interests?
4.0yrs
Average management tenure
CEO
Darryn McClelland
0.17
Tenure
Mr. Darryn McClelland serves as Chief Executive Officer of Asiamet Resources Limited since June 13, 2022. He serves as Chief Operating Officer for PT Agincourt Resources leading the operational and explora...
Leadership Team
Experienced Management: ARS's management team is considered experienced (4 years average tenure).
Board Members
Experienced Board: ARS's board of directors are considered experienced (5.9 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Asiamet Resources Limited's employee growth, exchange listings and data sources
Key Information
- Name: Asiamet Resources Limited
- Ticker: ARS
- Exchange: AIM
- Founded: 2017
- Industry: Diversified Metals and Mining
- Sector: Materials
- Implied Market Cap: UK£22.833m
- Shares outstanding: 1.94b
- Website: https://www.asiametresources.com
Location
- Asiamet Resources Limited
- Gedung Graha Simatupang
- 7th Floor
- Jakarta
- Jakarta Raya
- Indonesia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/13 00:00 |
| End of Day Share Price | 2022/08/12 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/12/31 |
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.