KMR Stock Overview
Kenmare Resources plc, together with its subsidiaries, produces and sells mineral sand products in China, Italy, the United States, and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£4.24|
|52 Week High||UK£4.75|
|52 Week Low||UK£2.85|
|1 Month Change||-1.85%|
|3 Month Change||-0.24%|
|1 Year Change||48.77%|
|3 Year Change||117.44%|
|5 Year Change||67.09%|
|Change since IPO||-57.60%|
Recent News & Updates
Returns At Kenmare Resources (LON:KMR) Are On The Way Up
What are the early trends we should look for to identify a stock that could multiply in value over the long term...
|KMR||GB Metals and Mining||GB Market|
Return vs Industry: KMR exceeded the UK Metals and Mining industry which returned 9% over the past year.
Return vs Market: KMR exceeded the UK Market which returned 10.9% over the past year.
|KMR Average Weekly Movement||3.0%|
|Metals and Mining Industry Average Movement||7.1%|
|Market Average Movement||4.9%|
|10% most volatile stocks in GB Market||9.8%|
|10% least volatile stocks in GB Market||2.6%|
Stable Share Price: KMR is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: KMR's weekly volatility (3%) has been stable over the past year.
About the Company
Kenmare Resources plc, together with its subsidiaries, produces and sells mineral sand products in China, Italy, the United States, and internationally. It operates the Moma Titanium Minerals Mine located on the northeast coast of Mozambique. The company’s products include ilmenite, zircon, and rutile; and concentrates, including secondary zircon and mineral sand concentrates.
Kenmare Resources Fundamentals Summary
|KMR fundamental statistics|
Is KMR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|KMR income statement (TTM)|
|Cost of Revenue||US$196.71m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.47|
|Net Profit Margin||17.07%|
How did KMR perform over the long term?See historical performance and comparison
2.7%Current Dividend Yield
Is Kenmare 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: KMR (£4.24) is trading below our estimate of fair value (£11.97)
Significantly Below Fair Value: KMR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: KMR is poor value based on its PE Ratio (11.9x) compared to the UK Metals and Mining industry average (8.6x).
PE vs Market: KMR is good value based on its PE Ratio (11.9x) compared to the UK market (19x).
Price to Earnings Growth Ratio
PEG Ratio: KMR is poor value based on its PEG Ratio (3.8x)
Price to Book Ratio
PB vs Industry: KMR is good value based on its PB Ratio (0.7x) compared to the GB Metals and Mining industry average (1.7x).
How is Kenmare Resources forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KMR's forecast earnings growth (3.2% per year) is above the savings rate (0.9%).
Earnings vs Market: KMR's earnings (3.2% per year) are forecast to grow slower than the UK market (12.5% per year).
High Growth Earnings: KMR's earnings are forecast to grow, but not significantly.
Revenue vs Market: KMR's revenue is expected to decline over the next 3 years (-0.2% per year).
High Growth Revenue: KMR's revenue is forecast to decline over the next 3 years (-0.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if KMR's Return on Equity is forecast to be high in 3 years time
How has Kenmare Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KMR has high quality earnings.
Growing Profit Margin: KMR's current net profit margins (17.1%) are higher than last year (13.4%).
Past Earnings Growth Analysis
Earnings Trend: KMR has become profitable over the past 5 years, growing earnings by 35.6% per year.
Accelerating Growth: KMR's earnings growth over the past year (46.5%) exceeds its 5-year average (35.6% per year).
Earnings vs Industry: KMR earnings growth over the past year (46.5%) underperformed the Metals and Mining industry 150.4%.
Return on Equity
High ROE: KMR's Return on Equity (5.5%) is considered low.
How is Kenmare Resources's financial position?
Financial Position Analysis
Short Term Liabilities: KMR's short term assets ($177.4M) exceed its short term liabilities ($46.8M).
Long Term Liabilities: KMR's short term assets ($177.4M) exceed its long term liabilities ($147.1M).
Debt to Equity History and Analysis
Debt Level: KMR's net debt to equity ratio (7.6%) is considered satisfactory.
Reducing Debt: KMR's debt to equity ratio has reduced from 77.6% to 13.6% over the past 5 years.
Debt Coverage: KMR's debt is well covered by operating cash flow (81.7%).
Interest Coverage: KMR's interest payments on its debt are well covered by EBIT (7.1x coverage).
What is Kenmare Resources's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: KMR's dividend (2.65%) is higher than the bottom 25% of dividend payers in the UK market (1.38%).
High Dividend: KMR's dividend (2.65%) is low compared to the top 25% of dividend payers in the UK market (4.17%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, KMR has been paying a dividend for less than 10 years.
Growing Dividend: KMR's dividend payments have increased, but the company has only paid a dividend for 2 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (31.5%), KMR's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: KMR's dividends in 3 years are forecast to be well covered by earnings (25% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Michael Carvill (61 yo)
Mr. Michael Carvill has been the Managing Director of Kenmare Resources PLC since 1986 and its Executive Director since January 1, 1986. After working as a contracts engineer in Algeria and as a Project En...
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD1.07M) is about average for companies of similar size in the UK market ($USD1.03M).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
Experienced Management: KMR's management team is seasoned and experienced (8.4 years average tenure).
Experienced Board: KMR's board of directors are considered experienced (3.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: KMR 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.
Kenmare Resources plc's employee growth, exchange listings and data sources
- Name: Kenmare Resources plc
- Ticker: KMR
- Exchange: LSE
- Founded: 1972
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: UK£461.401m
- Shares outstanding: 109.86m
- Website: https://www.kenmareresources.com
Number of Employees
- Kenmare Resources plc
- Styne House
- 4th Floor
- Co. Dublin
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/12/01 21:57|
|End of Day Share Price||2021/12/01 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.