Bushveld Minerals
Market Cap
UK£207.3m
Last Updated
2021/04/12 18:37 UTC
Data Sources
Company Financials +
Executive Summary
Bushveld Minerals Limited operates as an integrated primary vanadium producer and energy storage solutions provider in South Africa. More Details
Rewards
Risk Analysis
Snowflake Analysis
Very undervalued with high growth potential.
Share Price & News
How has Bushveld Minerals's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BMN is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: BMN's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-0.6%
BMN
3.1%
GB Metals and Mining
2.1%
GB Market
1 Year Return
26.3%
BMN
57.6%
GB Metals and Mining
23.8%
GB Market
Return vs Industry: BMN underperformed the UK Metals and Mining industry which returned 59.8% over the past year.
Return vs Market: BMN exceeded the UK Market which returned 23.6% over the past year.
Shareholder returns
| BMN | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.6% | 3.1% | 2.1% |
| 30 Day | -5.6% | 0.2% | 2.7% |
| 90 Day | -25.7% | -0.9% | 3.5% |
| 1 Year | 26.3%26.3% | 65.2%57.6% | 29.6%23.8% |
| 3 Year | -12.7%-12.7% | 62.2%35.4% | 15.7%2.0% |
| 5 Year | 558.8%558.8% | 209.3%138.4% | 42.6%15.5% |
Long-Term Price Volatility Vs. Market
How volatile is Bushveld Minerals's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
These Analysts Think Bushveld Minerals Limited's (LON:BMN) Sales Are Under Threat4 months ago | Simply Wall St
We're Not Counting On Bushveld Minerals (LON:BMN) To Sustain Its Statutory Profitability4 months ago | Simply Wall St
Is Bushveld Minerals' (LON:BMN) Share Price Gain Of 288% Well Earned?Valuation
Is Bushveld Minerals undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BMN (£0.17) is trading below our estimate of fair value (£0.6)
Significantly Below Fair Value: BMN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BMN is good value based on its PE Ratio (8.8x) compared to the GB Metals and Mining industry average (11.3x).
PE vs Market: BMN is good value based on its PE Ratio (8.8x) compared to the UK market (25.7x).
Price to Earnings Growth Ratio
PEG Ratio: BMN is good value based on its PEG Ratio (0.2x)
Price to Book Ratio
PB vs Industry: BMN is good value based on its PB Ratio (1.5x) compared to the GB Metals and Mining industry average (2.2x).
Future Growth
How is Bushveld Minerals forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
48.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BMN's forecast earnings growth (48.8% per year) is above the savings rate (1%).
Earnings vs Market: BMN's earnings (48.8% per year) are forecast to grow faster than the UK market (21.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: BMN's revenue (34.4% per year) is forecast to grow faster than the UK market (6.7% per year).
High Growth Revenue: BMN's revenue (34.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BMN's Return on Equity is forecast to be low in 3 years time (7.9%).
Past Performance
How has Bushveld Minerals performed over the past 5 years?
68.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BMN has a high level of non-cash earnings.
Growing Profit Margin: BMN's current net profit margins (36.4%) are higher than last year (19.8%).
Past Earnings Growth Analysis
Earnings Trend: BMN has become profitable over the past 5 years, growing earnings by 68.7% per year.
Accelerating Growth: BMN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BMN had negative earnings growth (-19.4%) over the past year, making it difficult to compare to the Metals and Mining industry average (5.8%).
Return on Equity
High ROE: BMN's Return on Equity (13.5%) is considered low.
Financial Health
How is Bushveld Minerals's financial position?
Financial Position Analysis
Short Term Liabilities: BMN's short term assets ($83.2M) exceed its short term liabilities ($19.3M).
Long Term Liabilities: BMN's short term assets ($83.2M) exceed its long term liabilities ($71.8M).
Debt to Equity History and Analysis
Debt Level: BMN's debt to equity ratio (22.3%) is considered satisfactory.
Reducing Debt: BMN's debt to equity ratio has increased from 4.7% to 22.3% over the past 5 years.
Debt Coverage: BMN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if BMN's interest payments on its debt are well covered by EBIT.
Balance Sheet
Dividend
What is Bushveld Minerals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BMN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BMN'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 BMN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BMN'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 BMN's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.4yrs
Average management tenure
CEO
Fortune Mojapelo (44 yo)
9.08yrs
Tenure
US$816,549
Compensation
Mr. Fortune Mojapelo serves as the Chief Executive Officer and Executive Director of Bushveld Minerals Limited since March 1, 2012 and manages Lemur's exploration programme in Madagascar. Mr. Mojapelo is C...
CEO Compensation Analysis
Compensation vs Market: Fortune's total compensation ($USD816.55K) is above average for companies of similar size in the UK market ($USD561.27K).
Compensation vs Earnings: Fortune's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: BMN's management team is considered experienced (3.4 years average tenure).
Board Members
Experienced Board: BMN's board of directors are considered experienced (9.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BMN insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.3%.
Top Shareholders
Company Information
Bushveld Minerals Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Bushveld Minerals Limited
- Ticker: BMN
- Exchange: AIM
- Founded: 2012
- Industry: Steel
- Sector: Materials
- Market Cap: UK£207.332m
- Shares outstanding: 1.19b
- Website: https://www.bushveldminerals.com
Number of Employees
Location
- Bushveld Minerals Limited
- Building 3
- 2nd Floor
- Johannesburg
- Gauteng
- 2116
- South Africa
Listings
Biography
Bushveld Minerals Limited operates as an integrated primary vanadium producer and energy storage solutions provider in South Africa. Its flagship vanadium platform is involved in the vanadium mining and pr...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/12 18:37 |
| End of Day Share Price | 2021/04/12 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.