OTCPK:ALMT.F

Stock Analysis Report

Executive Summary

Almonty Industries Inc. engages in the mining, processing, and shipping of tungsten concentrate.


Snowflake Analysis

Undervalued with high growth potential.

Share Price & News

How has Almonty Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ALMT.F's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-6.5%

ALMT.F

11.6%

US Metals and Mining

12.5%

US Market


1 Year Return

-59.8%

ALMT.F

-29.3%

US Metals and Mining

-12.7%

US Market

Return vs Industry: ALMT.F underperformed the US Metals and Mining industry which returned -29.3% over the past year.

Return vs Market: ALMT.F underperformed the US Market which returned -12.7% over the past year.


Shareholder returns

ALMT.FIndustryMarket
7 Day-6.5%11.6%12.5%
30 Day-37.3%-18.7%-14.7%
90 Day-25.8%-33.1%-21.5%
1 Year-59.8%-59.8%-27.3%-29.3%-10.9%-12.7%
3 Year17.3%17.3%-25.4%-29.6%12.6%5.4%
5 Year-50.8%-50.8%-6.3%-13.8%31.9%17.5%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Almonty Industries undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ALMT.F ($0.25) is trading below our estimate of fair value ($13.72)

Significantly Below Fair Value: ALMT.F is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ALMT.F is good value based on its PE Ratio (6.7x) compared to the Metals and Mining industry average (7.8x).

PE vs Market: ALMT.F is good value based on its PE Ratio (6.7x) compared to the US market (13x).


Price to Earnings Growth Ratio

PEG Ratio: ALMT.F is good value based on its PEG Ratio (0.3x)


Price to Book Ratio

PB vs Industry: ALMT.F is overvalued based on its PB Ratio (1.3x) compared to the US Metals and Mining industry average (1.1x).


Next Steps

Future Growth

How is Almonty Industries forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

26.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ALMT.F's forecast earnings growth (26.3% per year) is above the savings rate (1.7%).

Earnings vs Market: ALMT.F's earnings (26.3% per year) are forecast to grow faster than the US market (12.3% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ALMT.F's revenue (28.8% per year) is forecast to grow faster than the US market (7.3% per year).

High Growth Revenue: ALMT.F's revenue (28.8% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ALMT.F's Return on Equity is forecast to be low in 3 years time (16.7%).


Next Steps

Past Performance

How has Almonty Industries performed over the past 5 years?

11.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ALMT.F has high quality earnings.

Growing Profit Margin: ALMT.F became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: ALMT.F has become profitable over the past 5 years, growing earnings by 11.1% per year.

Accelerating Growth: ALMT.F has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ALMT.F has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-26.9%).


Return on Equity

High ROE: ALMT.F's Return on Equity (18.8%) is considered low.


Next Steps

Financial Health

How is Almonty Industries's financial position?


Financial Position Analysis

Short Term Liabilities: ALMT.F's short term assets (CA$20.7M) do not cover its short term liabilities (CA$53.3M).

Long Term Liabilities: ALMT.F's short term assets (CA$20.7M) do not cover its long term liabilities (CA$50.7M).


Debt to Equity History and Analysis

Debt Level: ALMT.F's debt to equity ratio (103.6%) is considered high.

Reducing Debt: ALMT.F's debt to equity ratio has increased from 58.4% to 103.6% over the past 5 years.


Balance Sheet

Inventory Level: ALMT.F has a high level of physical assets or inventory.

Debt Coverage by Assets: ALMT.F's debt is not covered by short term assets (assets are 0.4x debt).


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: ALMT.F is profitable, therefore cash runway is not a concern.

Forecast Cash Runway: ALMT.F is profitable, therefore cash runway is not a concern.


Next Steps

Dividend

What is Almonty Industries's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate ALMT.F's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ALMT.F's dividends per share have been stable in the past.

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


Next Steps

Management

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

3.0yrs

Average management tenure


CEO

M. Black (48yo)

8.5s

Tenure

CA$506,475

Compensation

Mr. Lewis Black has been Chief Executive Officer of Woulfe Mining Corp. since June 2015 and serves as its President. Mr. Black serves as the Chairman, President and Chief Executive Officer of Almonty Indus ...


CEO Compensation Analysis

Compensation vs Market: M.'s total compensation ($USD0.00) is below average for companies of similar size in the US market ($USD605.16K).

Compensation vs Earnings: M.'s compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
M. Black
Chairman8.5yrsCA$506.48k19.52% CA$8.5m
Mark Gelmon
Chief Financial Officer3yrsCA$265.36k0.0054% CA$2.4k
Marion McGrath
Corporate Secretary3yrsno datano data

3.0yrs

Average Tenure

58yo

Average Age

Experienced Management: ALMT.F's management team is considered experienced (3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
M. Black
Chairman8.5yrsCA$506.48k19.52% CA$8.5m
Mark Trachuk
Independent Director8.5yrsCA$105.15k0.43% CA$185.7k
Thomas Gutschlag
Independent Director4.5yrsCA$105.15k0.52% CA$226.1k
Daniel D'Amato
Independent Director8.5yrsCA$321.58k1.12% CA$488.5k
Michael Costa
Independent Director2yrsCA$146.45kno data

6.5yrs

Average Tenure

51.5yo

Average Age

Experienced Board: ALMT.F's board of directors are considered experienced (6.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ALMT.F insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Almonty Industries Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Almonty Industries Inc.
  • Ticker: ALMT.F
  • Exchange: OTCPK
  • Founded:
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$61.461m
  • Listing Market Cap: CA$43.671m
  • Shares outstanding: 183.46m
  • Website: https://www.almonty.com

Number of Employees


Location

  • Almonty Industries Inc.
  • 100 King Street West
  • Suite 5700
  • Toronto
  • Ontario
  • M5X 1C7
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AIITSX (The Toronto Stock Exchange)YesCommon SharesCACADSep 2011
ALMT.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDSep 2011
1MRDB (Deutsche Boerse AG)YesCommon SharesDEEURSep 2011

Biography

Almonty Industries Inc. engages in the mining, processing, and shipping of tungsten concentrate. The company owns interests in the Los Santos mine located near Salamanca, Spain; the Panasqueira tin and tungsten mine situated in Covilha and Castelo Branco, Portugal; and the Sangdong tungsten mine situated in Gangwon Province, Republic of Korea; and the Valtre Valtreixal tin and tungsten project located in Zamora province, Western Spain. Almonty Industries Inc. is headquartered in Toronto, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/30 04:09
End of Day Share Price2020/03/27 00:00
Earnings2019/09/30
Annual Earnings2019/09/30


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.