AIM:CAML

Stock Analysis Report

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Executive Summary

Central Asia Metals plc, together with its subsidiaries, mines and explores for mineral properties.

Rewards

Trading at 69.9% below our estimate of its fair value

Earnings are forecast to grow 2.21% per year

Risk Analysis

No risks detected for CAML from our risk checks.


Snowflake Analysis

Undervalued with acceptable track record.


Similar Companies

Share Price & News

How has Central Asia Metals's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CAML has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

1.5%

CAML

-0.2%

GB Metals and Mining

1.0%

GB Market


1 Year Return

-30.2%

CAML

-9.4%

GB Metals and Mining

-13.7%

GB Market

Return vs Industry: CAML underperformed the UK Metals and Mining industry which returned -9.4% over the past year.

Return vs Market: CAML underperformed the UK Market which returned -15.3% over the past year.


Shareholder returns

CAMLIndustryMarket
7 Day1.5%-0.2%1.0%
30 Day-7.7%-2.4%-3.0%
90 Day9.1%17.3%12.3%
1 Year-28.0%-30.2%-3.0%-9.4%-9.7%-13.7%
3 Year-18.9%-30.6%38.2%15.3%-1.8%-13.8%
5 Year7.8%-20.7%91.0%46.4%16.2%-9.7%

Price Volatility Vs. Market

How volatile is Central Asia Metals's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Central Asia Metals 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: CAML (£1.44) is trading below our estimate of fair value (£4.79)

Significantly Below Fair Value: CAML is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CAML is good value based on its PE Ratio (6.1x) compared to the Metals and Mining industry average (9.6x).

PE vs Market: CAML is good value based on its PE Ratio (6.1x) compared to the UK market (15x).


Price to Earnings Growth Ratio

PEG Ratio: CAML is poor value based on its PEG Ratio (2.8x)


Price to Book Ratio

PB vs Industry: CAML is good value based on its PB Ratio (0.9x) compared to the GB Metals and Mining industry average (1.1x).


Next Steps

Future Growth

How is Central Asia Metals forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

2.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CAML's forecast earnings growth (2.2% per year) is above the savings rate (1.2%).

Earnings vs Market: CAML's earnings (2.2% per year) are forecast to grow slower than the UK market (21.4% per year).

High Growth Earnings: CAML's earnings are forecast to grow, but not significantly.

Revenue vs Market: CAML's revenue (3.7% per year) is forecast to grow faster than the UK market (3.4% per year).

High Growth Revenue: CAML's revenue (3.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CAML's Return on Equity is forecast to be low in 3 years time (14.8%).


Next Steps

Past Performance

How has Central Asia Metals performed over the past 5 years?

13.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CAML has high quality earnings.

Growing Profit Margin: CAML's current net profit margins (30.2%) are higher than last year (28.4%).


Past Earnings Growth Analysis

Earnings Trend: CAML's earnings have grown by 13.9% per year over the past 5 years.

Accelerating Growth: CAML's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CAML had negative earnings growth (-6.3%) over the past year, making it difficult to compare to the Metals and Mining industry average (1.8%).


Return on Equity

High ROE: CAML's Return on Equity (15.5%) is considered low.


Next Steps

Financial Health

How is Central Asia Metals's financial position?


Financial Position Analysis

Short Term Liabilities: CAML's short term assets ($46.4M) do not cover its short term liabilities ($53.9M).

Long Term Liabilities: CAML's short term assets ($46.4M) do not cover its long term liabilities ($126.1M).


Debt to Equity History and Analysis

Debt Level: CAML's debt to equity ratio (32.5%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if CAML's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: CAML's debt is well covered by operating cash flow (74.3%).

Interest Coverage: CAML's interest payments on its debt are well covered by EBIT (7.5x coverage).


Balance Sheet


Next Steps

Dividend

What is Central Asia Metals's current dividend yield, its reliability and sustainability?

7.43%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: CAML is not paying a notable dividend for the UK market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CAML'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?

2.3yrs

Average management tenure


CEO

Nigel Robinson (60yo)

2.25yrs

Tenure

US$904,000

Compensation

Mr. Nigel Francis Robinson has been the Chief Executive Officer at Central Asia Metals Plc since April 16, 2018. He is Director of Central Asia Metals Plc since April 7, 2009. He was Chief Financial Office ...


CEO Compensation Analysis

Compensation vs Market: Nigel's total compensation ($USD904.00K) is about average for companies of similar size in the UK market ($USD920.08K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Nigel Robinson
CEO & Director2.25yrsUS$904.00k0.40% $987.0k
Gavin Ferrar
CFO & Director4.08yrsUS$725.00kno data
Russell Yelland
Chief Operating Officer2.25yrsno datano data
Howard Nicholson
Technical Directorno dataUS$321.00kno data
Ryan Wilson
General Counsel8.5yrsno datano data
Anthony Hunter
Company Secretaryno datano datano data
Leanne Haneefa
Group Financial Controller5.58yrsno datano data
Alex Shapoval
Director of BV & Head of Treasuryno datano datano data

2.3yrs

Average Tenure

57yo

Average Age

Experienced Management: CAML's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Nigel Robinson
CEO & Director2.25yrsUS$904.00k0.40% $987.0k
Gavin Ferrar
CFO & Director4.08yrsUS$725.00kno data
Robert Cathery
Independent Non-Executive Director12.83yrsUS$102.00k1.22% $3.0m
Nicholas Royston Clarke
Non-Executive Chairman4.08yrsUS$648.00k0.80% $2.0m
Roger Davey
Independent Non-Executive Director4.58yrsUS$101.00kno data
David Swan
Independent Non-Executive Director6.08yrsUS$102.00k0.0017% $4.3k
Christopher Hurst-Brown
Independent Deputy Chairman4.08yrsUS$127.00k0.53% $1.3m
Nurlan Zhakupov
Non-Executive Director8.75yrsUS$95.00kno data
Gillian Davidson
Independent Non-Executive Director0.58yrUS$8.00kno data

4.6yrs

Average Tenure

65yo

Average Age

Experienced Board: CAML's board of directors are considered experienced (4.6 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

Central Asia Metals plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Central Asia Metals plc
  • Ticker: CAML
  • Exchange: AIM
  • Founded: 2005
  • Industry: Copper
  • Sector: Materials
  • Market Cap: UK£248.756m
  • Shares outstanding: 172.27m
  • Website: https://www.centralasiametals.com

Number of Employees


Location

  • Central Asia Metals plc
  • Sackville House
  • 40 Piccadilly
  • London
  • Greater London
  • W1J 0DR
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CAMLAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPSep 2010
9C3DB (Deutsche Boerse AG)YesOrdinary SharesDEEURSep 2010

Biography

Central Asia Metals plc, together with its subsidiaries, mines and explores for mineral properties. It primarily explores for copper, zinc, lead, and silver deposits. The company holds a 100% interests in the solvent extraction-electro winning copper plant located near the city of Balkhash in central Kazakhstan; and Sasa mine located in north eastern Macedonia. The company was founded in 2005 and is headquartered in London, the United Kingdom. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/06 20:51
End of Day Share Price2020/07/06 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.