OM:ENDO

Stock Analysis Report

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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

ENDOIndustryMarket
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 Year59.1%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

Valuation

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

NamePositionTenureCompensationOwnership
Gregory Smith
CEO & Head of US and Finland Operations0.58yrkr669.52k14.85% SEK108.1m
Marcus Ahlström
Deputy CEO & CFO2.42yrskr1.94m0.14% SEK1.0m
Seppo Tuovinen
General Manager of Endomines Oy1yrkr2.34mno 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

NamePositionTenureCompensationOwnership
Thomas Karl Hoyer
Director2.17yrskr500.00kno data
Ingmar Haga
Independent Chairman of the Board2.17yrskr860.00k0.69% SEK5.0m
Rauno Pitkänen
Independent Director10.42yrskr560.00k0.00019% SEK1.4k
Michael Mattsson
Independent Director3.17yrskr250.00k0.0040% SEK29.3k
Jeremy Read
Director1yrkr250.00kno 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ENDOOM (OMX Nordic Exchange Stockholm)YesCommon SharesSESEKJun 2007
0RFYLSE (London Stock Exchange)YesCommon SharesGBSEKJun 2007
ENDOMHLSE (OMX Nordic Exchange Helsinki)YesCommon SharesFIEURJun 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/03 22:24
End of Day Share Price2020/06/03 00:00
Earnings2020/03/31
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.