NOT FOR DISTRIBUTION
Header cover image

Market Cap

UK£54.2m

Last Updated

2021/05/09 17:41 UTC

Data Sources

Company Financials

Executive Summary

Serabi Gold plc engages in the exploration and development of gold projects in Brazil. More Details


Snowflake Analysis

Flawless balance sheet and undervalued.


Similar Companies

Share Price & News

How has Serabi Gold's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SRB is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: SRB's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

5.1%

SRB

7.3%

GB Metals and Mining

2.1%

GB Market


1 Year Return

-16.4%

SRB

80.0%

GB Metals and Mining

26.3%

GB Market

Return vs Industry: SRB underperformed the UK Metals and Mining industry which returned 79.6% over the past year.

Return vs Market: SRB underperformed the UK Market which returned 26.5% over the past year.


Shareholder returns

SRBIndustryMarket
7 Day5.1%7.3%2.1%
30 Day2.1%13.2%3.5%
90 Day-16.9%17.4%8.8%
1 Year-16.4%-16.4%89.1%80.0%31.9%26.3%
3 Year6.7%6.7%63.9%40.9%12.9%-0.1%
5 Year-26.7%-26.7%275.9%188.3%51.5%22.8%

Long-Term Price Volatility Vs. Market

How volatile is Serabi Gold's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Serabi Gold 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: SRB (£0.72) is trading below our estimate of fair value (£3.19)

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


Price To Earnings Ratio

PE vs Industry: SRB is good value based on its PE Ratio (6.7x) compared to the GB Metals and Mining industry average (12.6x).

PE vs Market: SRB is good value based on its PE Ratio (6.7x) compared to the UK market (26.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SRB's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SRB is good value based on its PB Ratio (1x) compared to the GB Metals and Mining industry average (2.1x).


Future Growth

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

3.9%

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 Serabi Gold 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.


Past Performance

How has Serabi Gold performed over the past 5 years?

5.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SRB has high quality earnings.

Growing Profit Margin: SRB became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: SRB's earnings have grown by 5.6% per year over the past 5 years.

Accelerating Growth: SRB has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: SRB has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (18.4%).


Return on Equity

High ROE: SRB's Return on Equity (14.9%) is considered low.


Financial Health

How is Serabi Gold's financial position?


Financial Position Analysis

Short Term Liabilities: SRB's short term assets ($20.7M) exceed its short term liabilities ($16.2M).

Long Term Liabilities: SRB's short term assets ($20.7M) exceed its long term liabilities ($1.9M).


Debt to Equity History and Analysis

Debt Level: SRB's debt to equity ratio (3.3%) is considered satisfactory.

Reducing Debt: SRB's debt to equity ratio has reduced from 27.8% to 3.3% over the past 5 years.

Debt Coverage: SRB's debt is well covered by operating cash flow (892.9%).

Interest Coverage: SRB's interest payments on its debt are well covered by EBIT (9.5x coverage).


Balance Sheet


Dividend

What is Serabi Gold current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if SRB'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 SRB'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?

13.8yrs

Average management tenure


CEO

Mike Hodgson (58 yo)

13.75yrs

Tenure

US$406,886

Compensation

Mr. Michael Jonathan Hodgson, also known as Mike, BSc, MSc, CEng, FIMM has been the Chief Executive Officer of Serabi Gold plc (a/k/a Serabi Mining Plc) since August 29, 2007 and served as its President. M...


CEO Compensation Analysis

Compensation vs Market: Mike's total compensation ($USD406.89K) is about average for companies of similar size in the UK market ($USD338.50K).

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


Leadership Team

Experienced Management: SRB's management team is seasoned and experienced (13.8 years average tenure).


Board Members

Experienced Board: SRB's board of directors are considered experienced (7.7 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 been diluted in the past year, with total shares outstanding growing by 28.5%.


Top Shareholders

Company Information

Serabi Gold plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Serabi Gold plc
  • Ticker: SRB
  • Exchange: AIM
  • Founded: 1999
  • Industry: Gold
  • Sector: Materials
  • Market Cap: UK£54.150m
  • Shares outstanding: 75.73m
  • Website: https://www.serabigold.com

Number of Employees


Location

  • Serabi Gold plc
  • 30-32 Ludgate Hill
  • 2nd Floor
  • London
  • Greater London
  • EC4M 7DR
  • United Kingdom

Listings


Biography

Serabi Gold plc engages in the exploration and development of gold projects in Brazil. The company also explores for copper deposits. Its primary assets include the Palito mining complex covering an area o...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/09 17:41
End of Day Share Price2021/05/07 00:00
Earnings2020/09/30
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.