OTCPK:RNDX.F

Stock Analysis Report

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Executive Summary

Randgold & Exploration Company Limited, an investment holding company, operates in the gold mining sector in South Africa. More Details


Snowflake Analysis

Flawless balance sheet and overvalued.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: RNDX.F has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

RNDX.F

-0.7%

US Metals and Mining

-2.4%

US Market


1 Year Return

-6.3%

RNDX.F

24.5%

US Metals and Mining

18.2%

US Market

Return vs Industry: RNDX.F underperformed the US Metals and Mining industry which returned 26.5% over the past year.

Return vs Market: RNDX.F underperformed the US Market which returned 19.5% over the past year.


Shareholder returns

RNDX.FIndustryMarket
7 Day0%-0.7%-2.4%
30 Day0%-0.6%4.2%
90 Dayn/a7.7%6.3%
1 Year-6.3%-6.3%27.3%24.5%20.9%18.2%
3 Year4.3%4.3%11.5%4.1%41.2%31.8%
5 Year-3.5%-3.5%97.4%79.6%84.8%63.9%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Randgold & Exploration undervalued compared to its fair value and its price relative to the market?

0.89x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

PE vs Market: RNDX.F is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: RNDX.F is good value based on its PB Ratio (0.9x) compared to the US Metals and Mining industry average (1.6x).


Next Steps

Future Growth

How is Randgold & Exploration forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

28.1%

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 Randgold & Exploration 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.


Next Steps

Past Performance

How has Randgold & Exploration performed over the past 5 years?

-25.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RNDX.F is currently unprofitable.

Growing Profit Margin: RNDX.F is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: RNDX.F is unprofitable, and losses have increased over the past 5 years at a rate of 25.3% per year.

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

Earnings vs Industry: RNDX.F is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-39.6%).


Return on Equity

High ROE: RNDX.F has a negative Return on Equity (-21.07%), as it is currently unprofitable.


Next Steps

Financial Health

How is Randgold & Exploration's financial position?


Financial Position Analysis

Short Term Liabilities: RNDX.F's short term assets (ZAR132.7M) exceed its short term liabilities (ZAR2.2M).

Long Term Liabilities: RNDX.F's short term assets (ZAR132.7M) exceed its long term liabilities (ZAR10.2M).


Debt to Equity History and Analysis

Debt Level: RNDX.F is debt free.

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

Debt Coverage: RNDX.F has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: RNDX.F has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Randgold & Exploration current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if RNDX.F's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: RNDX.F is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of RNDX.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?

10.4yrs

Average board tenure


CEO

Marais Steyn (48 yo)

13.83yrs

Tenure

R2,733,000

Compensation

Mr. Marais Steyn, BComm (Hons), CA(SA) has been the Joint Chief Executive Officer of Randgold & Exploration Co. Ltd. since July 2008 and serves as its Executive Director and has been its Financial Director ...


CEO Compensation Analysis

Compensation vs Market: Marais's total compensation ($USD165.88K) is below average for companies of similar size in the US market ($USD585.94K).

Compensation vs Earnings: Marais's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
Marais Steyn
Joint CEO13.83yrsR2.73mno data
Hilton Gischen
Executive Director0.92yrR74.00kno data
Patrick Burton
Independent Non-Executive Director7.42yrsR664.00kno data
David Kovarsky
Independent Non-Executive Chairman12.83yrsR1.06mno data
Van Botha
Non-Executive Director10.42yrsR3.08mno data

10.4yrs

Average Tenure

66yo

Average Age

Experienced Board: RNDX.F's board of directors are seasoned and experienced ( 10.4 years average tenure).


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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Randgold & Exploration Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Randgold & Exploration Company Limited
  • Ticker: RNDX.F
  • Exchange: OTCPK
  • Founded: 1992
  • Industry: Gold
  • Sector: Materials
  • Market Cap: R107.378m
  • Listing Market Cap: R6.517m
  • Shares outstanding: 71.59m
  • Website: https://www.randgoldexp.co.za

Location

  • Randgold & Exploration Company Limited
  • Katherine & West Building
  • Third Floor
  • Sandton
  • Gauteng
  • 2196
  • South Africa

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RNDX.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDFeb 1993
RNGJSE (The Johannesburg Securities Exchange)YesOrdinary SharesZAZARFeb 1993

Biography

Randgold & Exploration Company Limited, an investment holding company, operates in the gold mining sector in South Africa. The company was incorporated in 1992 and is based in Sandton, South Africa.


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/20 00:10
End of Day Share Price2020/09/17 00:00
Earnings2020/06/30
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.