Executive Summary
Endomines AB (publ) engages in exploring, developing, and mining gold concentrates in Finland, and the United States.
Snowflake Analysis
High growth potential with imperfect balance sheet.
Share Price & News
How has Endomines's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ENDO's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-7.8%
ENDO
6.3%
SE Metals and Mining
3.9%
SE Market
1 Year Return
42.2%
ENDO
-6.0%
SE Metals and Mining
11.2%
SE Market
Return vs Industry: ENDO exceeded the Swedish Metals and Mining industry which returned -5.7% over the past year.
Return vs Market: ENDO exceeded the Swedish Market which returned 10.9% over the past year.
Shareholder returns
| ENDO | Industry | Market | |
|---|---|---|---|
| 7 Day | -7.8% | 6.3% | 3.9% |
| 30 Day | -5.1% | 15.5% | 13.1% |
| 90 Day | -6.1% | 3.9% | 4.0% |
| 1 Year | 59.1%42.2% | -3.9%-6.0% | 12.8%11.2% |
| 3 Year | -35.9%-60.7% | -7.9%-15.6% | 17.5%1.6% |
| 5 Year | -38.8%-84.1% | 1.4%-11.4% | 36.5%9.7% |
Price Volatility Vs. Market
How volatile is Endomines's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
It's Been A Disappointing Journey For Endomines (STO:ENDO) Shareholders Who've Lost 34% Of Their Investment1 month ago | Simply Wall St
Can We See Significant Insider Ownership On The Endomines AB (publ) (STO:ENDO) Share Register?2 months ago | Simply Wall St
Endomines AB (publ) (STO:ENDO) Is Expected To BreakevenValuation
Is Endomines undervalued compared to its fair value and its price relative to the market?
1.4x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate ENDO's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ENDO's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ENDO is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: ENDO 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 ENDO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ENDO is overvalued based on its PB Ratio (1.4x) compared to the SE Metals and Mining industry average (1.4x).
Next Steps
Future Growth
How is Endomines forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
83.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ENDO is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.5%).
Earnings vs Market: ENDO is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: ENDO's is expected to become profitable in the next 3 years.
Revenue vs Market: ENDO's revenue (57.1% per year) is forecast to grow faster than the Swedish market (5.9% per year).
High Growth Revenue: ENDO's revenue (57.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ENDO's Return on Equity is forecast to be low in 3 years time (5.8%).
Next Steps
Past Performance
How has Endomines performed over the past 5 years?
12.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ENDO is currently unprofitable.
Growing Profit Margin: ENDO is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ENDO is unprofitable, but has reduced losses over the past 5 years at a rate of 12% per year.
Accelerating Growth: Unable to compare ENDO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ENDO is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-25%).
Return on Equity
High ROE: ENDO has a negative Return on Equity (-32.14%), as it is currently unprofitable.
Next Steps
Financial Health
How is Endomines's financial position?
Financial Position Analysis
Short Term Liabilities: ENDO's short term assets (SEK17.1M) do not cover its short term liabilities (SEK197.2M).
Long Term Liabilities: ENDO's short term assets (SEK17.1M) do not cover its long term liabilities (SEK56.4M).
Debt to Equity History and Analysis
Debt Level: ENDO's debt to equity ratio (64.7%) is considered high.
Reducing Debt: ENDO's debt to equity ratio has increased from 16.5% to 64.7% 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: ENDO has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ENDO is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.
Next Steps
Dividend
What is Endomines's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ENDO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ENDO'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 ENDO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ENDO'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 ENDO'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?
1.0yrs
Average management tenure
CEO
Greg Smith (59yo)
0.58
Tenure
kr669,515
Compensation
Mr. Gregory Charles Smith, M.sc(Management Sciences), also known as Greg, is Head of US and Finland Operations at Endomines AB (publ) since June 5, 2019 and serves as its Chief Executive Officer since Nove ...
CEO Compensation Analysis
Compensation vs Market: Greg's total compensation ($USD71.67K) is below average for companies of similar size in the Swedish market ($USD222.28K).
Compensation vs Earnings: Insufficient data to compare Greg's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Head of US and Finland Operations | 0.58yr | kr669.52k | 14.85% SEK108.1m | |
| Deputy CEO & CFO | 2.42yrs | kr1.94m | 0.14% SEK1.0m | |
| General Manager of Endomines Oy | 1yr | kr2.34m | no data |
1.0yrs
Average Tenure
48yo
Average Age
Experienced Management: ENDO's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | 2.17yrs | kr500.00k | no data | |
| Independent Chairman of the Board | 2.17yrs | kr860.00k | 0.69% SEK5.0m | |
| Independent Director | 10.42yrs | kr560.00k | 0.00019% SEK1.4k | |
| Independent Director | 3.17yrs | kr250.00k | 0.0040% SEK29.3k | |
| Director | 1yr | kr250.00k | no data |
2.2yrs
Average Tenure
60yo
Average Age
Experienced Board: ENDO's board of directors are not considered experienced ( 2.2 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 227.4%.
Top Shareholders
Company Information
Endomines AB (publ)'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Endomines AB (publ)
- Ticker: ENDO
- Exchange: OM
- Founded: 2005
- Industry: Gold
- Sector: Materials
- Market Cap: kr727.931m
- Shares outstanding: 115.91m
- Website: https://www.endomines.com
Number of Employees
Location
- Endomines AB (publ)
- Birger Jarlsgatan 41 A 3 tr
- Stockholm
- Stockholm County
- 111 45
- Sweden
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ENDO | OM (OMX Nordic Exchange Stockholm) | Yes | Common Shares | SE | SEK | Jun 2007 |
| 0RFY | LSE (London Stock Exchange) | Yes | Common Shares | GB | SEK | Jun 2007 |
| ENDOM | HLSE (OMX Nordic Exchange Helsinki) | Yes | Common Shares | FI | EUR | Jun 2007 |
Biography
Endomines AB (publ) engages in exploring, developing, and mining gold concentrates in Finland, and the United States. The company owns 6 mining concessions covering 418.4 hectares; 64 claims with 5073.4 hectares; and 17 exploration permits consisting of 3995.1 hectares located in the Karelian Gold Line. It also operates Koivu, Kaire, Perä, Riutta, and Lyly ilmenite deposits located in Kälviä area in Western Finland. In addition, the company operates Rescue, Kimberly, Buffalo Gulch, and Deadwood projects located in Idaho. Endomines AB (publ) was incorporated in 2005 and is based in Stockholm, Sweden.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/06/03 22:24 |
| End of Day Share Price | 2020/06/03 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2019/12/31 |
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.