NGM:GRANGX

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Grängesberg Exploration Holding

Market Cap

kr206.5m

Last Updated

2021/06/18 04:09 UTC

Data Sources

Company Financials

Executive Summary

Grängesberg Exploration Holding AB (publ) operates as a mineral development company in Sweden. More Details


Snowflake Analysis

Excellent balance sheet with weak fundamentals.

Share Price & News

How has Grängesberg Exploration Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GRANGX is more volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: GRANGX's weekly volatility has decreased from 28% to 11% over the past year, but is still higher than 75% of Swedish stocks.


Market Performance


7 Day Return

-7.1%

GRANGX

-7.1%

SE Metals and Mining

-0.5%

SE Market


1 Year Return

n/a

GRANGX

52.7%

SE Metals and Mining

41.8%

SE Market

Return vs Industry: Insufficient data to determine how GRANGX performed against the Swedish Metals and Mining industry.

Return vs Market: Insufficient data to determine how GRANGX performed against the Swedish Market.


Shareholder returns

GRANGXIndustryMarket
7 Day-7.1%-7.1%-0.5%
30 Day-16.7%-6.6%2.8%
90 Day-1.5%-3.2%6.5%
1 Yearn/a57.0%52.7%46.7%41.8%
3 Yearn/a9.1%0.3%74.2%57.1%
5 Yearn/a112.8%83.4%110.8%69.6%

Long-Term Price Volatility Vs. Market

How volatile is Grängesberg Exploration Holding's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Grängesberg Exploration Holding undervalued compared to its fair value and its price relative to the market?

2.47x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

PE vs Market: GRANGX 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 GRANGX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GRANGX is overvalued based on its PB Ratio (2.5x) compared to the SE Metals and Mining industry average (2x).


Future Growth

How is Grängesberg Exploration Holding 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 Grängesberg Exploration Holding 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 Grängesberg Exploration Holding performed over the past 5 years?

35.2%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: GRANGX is currently unprofitable.

Growing Profit Margin: GRANGX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if GRANGX's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

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

Earnings vs Industry: GRANGX 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: GRANGX has a negative Return on Equity (-9.81%), as it is currently unprofitable.


Financial Health

How is Grängesberg Exploration Holding's financial position?


Financial Position Analysis

Short Term Liabilities: GRANGX's short term assets (SEK26.7M) exceed its short term liabilities (SEK8.4M).

Long Term Liabilities: GRANGX's short term assets (SEK26.7M) exceed its long term liabilities (SEK7.5M).


Debt to Equity History and Analysis

Debt Level: GRANGX's debt to equity ratio (8.4%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if GRANGX's debt to equity ratio has reduced over the 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: GRANGX has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: GRANGX has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 150.3% each year.


Dividend

What is Grängesberg Exploration Holding current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


CEO

Christer Lindqvist (64 yo)

no data

Tenure

MSc. in Metallurgy, Royal Institute of Technology Trained as a mining engineer at the Royal Institute of Technology. Christer Lindqvist was one of the first investors and Director of Dannemora Mineral AB, ...


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: GRANGX only recently listed within the past 12 months.


Top Shareholders

Company Information

Grängesberg Exploration Holding AB (publ)'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Grängesberg Exploration Holding AB (publ)
  • Ticker: GRANGX
  • Exchange: NGM
  • Founded: NaN
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: kr206.531m
  • Shares outstanding: 3.18b
  • Website: https://grangesbergexploration.se

Number of Employees


Location

  • Grängesberg Exploration Holding AB (publ)
  • Sandhamnsgatan 48A
  • Stockholm
  • Stockholm County
  • 115 60
  • Sweden

Listings


Biography

Grängesberg Exploration Holding AB (publ) operates as a mineral development company in Sweden. The company primarily explores for lead, phosphate, and iron ores. It operates the Dannemora project, Apatite ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/18 04:09
End of Day Share Price2021/06/17 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.