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Eurobattery Minerals

Market Cap

kr259.3m

Last Updated

2021/06/17 01:29 UTC

Data Sources

Company Financials

Executive Summary

Eurobattery Minerals AB operates as a mineral exploration company in Sweden and Europe. More Details


Snowflake Analysis

Excellent balance sheet with weak fundamentals.

Share Price & News

How has Eurobattery Minerals's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BAT is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: BAT's weekly volatility has decreased from 17% to 7% over the past year.


Market Performance


7 Day Return

3.4%

BAT

-7.1%

SE Metals and Mining

-0.5%

SE Market


1 Year Return

23.4%

BAT

52.7%

SE Metals and Mining

41.8%

SE Market

Return vs Industry: BAT underperformed the Swedish Metals and Mining industry which returned 55.8% over the past year.

Return vs Market: BAT underperformed the Swedish Market which returned 42.7% over the past year.


Shareholder returns

BATIndustryMarket
7 Day3.4%-7.1%-0.5%
30 Day5.4%-6.6%2.8%
90 Day-16.3%-3.2%6.5%
1 Year23.4%23.4%57.0%52.7%46.7%41.8%
3 Year210.6%114.8%9.1%0.3%74.2%57.1%
5 Year1.3%-66.9%112.8%83.4%110.8%69.6%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Eurobattery Minerals undervalued compared to its fair value and its price relative to the market?

2.89x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate BAT's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate BAT's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: BAT is unprofitable, so we can't compare its PE Ratio to the Swedish Metals and Mining industry average.

PE vs Market: BAT is unprofitable, so we can't compare its PE Ratio to the Swedish market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BAT is overvalued based on its PB Ratio (2.9x) compared to the SE Metals and Mining industry average (2.1x).


Future Growth

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

-8.7%

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 Eurobattery Minerals 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 Eurobattery Minerals performed over the past 5 years?

-48.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BAT is currently unprofitable.

Growing Profit Margin: BAT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BAT is unprofitable, and losses have increased over the past 5 years at a rate of 48.5% per year.

Accelerating Growth: Unable to compare BAT's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BAT is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-14.6%).


Return on Equity

High ROE: BAT has a negative Return on Equity (-16.16%), as it is currently unprofitable.


Financial Health

How is Eurobattery Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: BAT's short term assets (SEK32.4M) exceed its short term liabilities (SEK656.0K).

Long Term Liabilities: BAT has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: BAT is debt free.

Reducing Debt: BAT has not had any debt for past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: BAT has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if BAT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is Eurobattery Minerals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if BAT'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 BAT's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.4yrs

Average board tenure


CEO

Roberto Martínez (50 yo)

2.25yrs

Tenure

Mr. Roberto García Martínez has been Chief Executive Officer of Eurobattery Minerals AB since March 01, 2019 and also serves as a Director of Eurobattery Minerals AB (formerly known as Orezone AB (publ)) s...


Board Members

Experienced Board: BAT's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.


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.


Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 61.7%.


Top Shareholders

Company Information

Eurobattery Minerals AB's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Eurobattery Minerals AB
  • Ticker: BAT
  • Exchange: NGM
  • Founded: 2009
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: kr259.336m
  • Shares outstanding: 15.68m
  • Website: https://eurobatteryminerals.com

Number of Employees


Location

  • Eurobattery Minerals AB
  • Strandvägen 7A
  • Stockholm
  • Stockholm County
  • 114 56
  • Sweden

Listings


Biography

Eurobattery Minerals AB operates as a mineral exploration company in Sweden and Europe. The company focuses on developing copper, cobalt, nickel, and other base metals, which are used to manufacture batter...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/17 01:29
End of Day Share Price2021/06/16 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.