Base Resources Limited produces and sells mineral sands in Africa. More Details
Flawless balance sheet and undervalued.
Share Price & News
How has Base Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BSE is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: BSE's weekly volatility (6%) has been stable over the past year.
7 Day Return
GB Metals and Mining
1 Year Return
GB Metals and Mining
Return vs Industry: BSE exceeded the UK Metals and Mining industry which returned 80.5% over the past year.
Return vs Market: BSE exceeded the UK Market which returned 26.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Base Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 years ago | Simply Wall StCan Base Resources Limited's (AIM:BSE) Debt Pose A Serious Problem For The Company?
4 years ago | Simply Wall StWhat You Must Know About Base Resources Limited's (AIM:BSE) Financial Strength?
Is Base Resources undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BSE (£0.15) is trading below our estimate of fair value (£0.55)
Significantly Below Fair Value: BSE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BSE is good value based on its PE Ratio (10.3x) compared to the GB Metals and Mining industry average (12.6x).
PE vs Market: BSE is good value based on its PE Ratio (10.3x) compared to the UK market (26.2x).
Price to Earnings Growth Ratio
PEG Ratio: BSE's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: BSE is good value based on its PB Ratio (0.7x) compared to the GB Metals and Mining industry average (2.1x).
How is Base Resources forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BSE's earnings are forecast to decline over the next 3 years (-2.9% per year).
Earnings vs Market: BSE's earnings are forecast to decline over the next 3 years (-2.9% per year).
High Growth Earnings: BSE's earnings are forecast to decline over the next 3 years.
Revenue vs Market: BSE's revenue is expected to decline over the next 3 years (-0.8% per year).
High Growth Revenue: BSE's revenue is forecast to decline over the next 3 years (-0.8% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BSE's Return on Equity is forecast to be low in 3 years time (6.5%).
How has Base Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BSE has high quality earnings.
Growing Profit Margin: BSE's current net profit margins (12.2%) are lower than last year (16.2%).
Past Earnings Growth Analysis
Earnings Trend: BSE has become profitable over the past 5 years, growing earnings by 41.5% per year.
Accelerating Growth: BSE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BSE had negative earnings growth (-22.1%) over the past year, making it difficult to compare to the Metals and Mining industry average (18.4%).
Return on Equity
High ROE: BSE's Return on Equity (7.3%) is considered low.
How is Base Resources's financial position?
Financial Position Analysis
Short Term Liabilities: BSE's short term assets ($168.6M) exceed its short term liabilities ($90.2M).
Long Term Liabilities: BSE's short term assets ($168.6M) exceed its long term liabilities ($32.4M).
Debt to Equity History and Analysis
Debt Level: BSE's debt to equity ratio (7.4%) is considered satisfactory.
Reducing Debt: BSE's debt to equity ratio has reduced from 123.5% to 7.4% over the past 5 years.
Debt Coverage: BSE's debt is well covered by operating cash flow (412.9%).
Interest Coverage: BSE's interest payments on its debt are well covered by EBIT (12.3x coverage).
What is Base Resources's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BSE's dividend (10.74%) is higher than the bottom 25% of dividend payers in the UK market (1.35%).
High Dividend: BSE's dividend (10.74%) is in the top 25% of dividend payers in the UK market (4.04%)
Stability and Growth of Payments
Stable Dividend: Too early to tell whether BSE's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if BSE's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (229.8%), BSE's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Timothy James Carstens, also known as Tom, BCom, ACA, serves as Managing Director of Base Resources Limited since the Company’s inception in May 2008. Mr. Carstens has a diverse and substantial skill, ...
CEO Compensation Analysis
Compensation vs Market: Tim's total compensation ($USD869.03K) is above average for companies of similar size in the UK market ($USD565.29K).
Compensation vs Earnings: Tim's compensation has been consistent with company performance over the past year.
Experienced Management: BSE's management team is seasoned and experienced (9 years average tenure).
Experienced Board: BSE's board of directors are considered experienced (6.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BSE insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Base Resources Limited's company bio, employee growth, exchange listings and data sources
- Name: Base Resources Limited
- Ticker: BSE
- Exchange: AIM
- Founded: 2007
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$316.216m
- Listing Market Cap: AU$177.404m
- Shares outstanding: 1.17b
- Website: https://www.baseresources.com.au
Number of Employees
- Base Resources Limited
- 46 Colin Street
- Level 3
- West Perth
- Western Australia
Base Resources Limited produces and sells mineral sands in Africa. It produces mineral sands, such as rutile, ilmenite, and zircon. The company primarily owns 100% interests in the Kwale Mineral Sands proj...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/08 20:20|
|End of Day Share Price||2021/05/07 00:00|
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.