OTCPK:SRUX.F

Stock Analysis Report

Executive Summary

Sirius Minerals Plc, a fertilizer company, engages in the exploration and development of resource properties in the United Kingdom.

Snowflake

Fundamentals

Fair value with imperfect balance sheet.

Share Price & News

How has Sirius Minerals's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

SRUX.F

2.2%

US Chemicals

1.3%

US Market


1 Year Return

-84.3%

SRUX.F

-7.5%

US Chemicals

5.9%

US Market

Return vs Industry: SRUX.F underperformed the US Chemicals industry which returned -7.5% over the past year.

Return vs Market: SRUX.F underperformed the US Market which returned 5.9% over the past year.


Shareholder returns

SRUX.FIndustryMarket
7 Day0%2.2%1.3%
30 Day-54.5%-3.6%-1.9%
90 Day-75.0%-2.8%-1.8%
1 Year-84.3%-84.3%6.3%-7.5%8.3%5.9%
3 Year-86.3%-86.3%41.6%15.6%45.6%36.2%
5 Year-72.5%-72.5%43.5%12.4%66.1%47.9%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Sirius Minerals undervalued compared to its fair value and its price relative to the market?

2.3x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate SRUX.F's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate SRUX.F's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: SRUX.F is good value based on its PE Ratio (2.3x) compared to the Chemicals industry average (18.9x).

PE vs Market: SRUX.F is good value based on its PE Ratio (2.3x) compared to the US market (17.5x).


Price to Earnings Growth Ratio

Low PEG Ratio: SRUX.F's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: SRUX.F is good value based on its PB Ratio (0.2x) compared to the US Chemicals industry average (2x).


Next Steps

Future Growth

How is Sirius Minerals forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

-107.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SRUX.F's earnings are forecast to decline over the next 3 years (-107.8% per year).

Earnings vs Market: SRUX.F's earnings are forecast to decline over the next 3 years (-107.8% per year).

High Growth Earnings: SRUX.F's earnings are forecast to decline over the next 3 years.

Revenue vs Market: Insufficient data to determine if SRUX.F's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if SRUX.F's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if SRUX.F's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Sirius Minerals performed over the past 5 years?

-0.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: SRUX.F has become profitable over the past 5 years, growing earnings by -0.5% per year.

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

Earnings vs Industry: SRUX.F has become profitable in the last year, making it difficult to compare its past year earnings growth to the Chemicals industry (-2%).


Return on Equity

High ROE: SRUX.F's Return on Equity (8.9%) is considered low.


Return on Assets

ROA vs Industry: SRUX.F's Return on Assets is below or equal to the Chemicals industry average last year.


Return on Capital Employed

ROCE Improving: SRUX.F is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Sirius Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: SRUX.F's short term assets (£698.9M) exceeds its short term liabilities (£563.2M)

Long Term Liabilities: SRUX.F's short term assets (698.9M) exceeds its long term liabilities (237.0M)


Debt to Equity History and Analysis

Debt Level: SRUX.F's debt to equity ratio (81.5%) is considered high

Reducing Debt: SRUX.F's debt to equity ratio has increased from 2.2% to 81.5% over the past 5 years.

Debt Coverage: SRUX.F's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if SRUX.F's interest payments on its debt are well covered by EBIT.


Balance Sheet

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

Debt Coverage by Assets: SRUX.F's debt is not covered by short term assets (assets are 1x debt).


Next Steps

Dividend

What is Sirius Minerals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage2.2%forecastin3Years0%

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

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


Next Steps

Management

What is the CEO of Sirius Minerals's salary, the management and board of directors tenure and is there insider trading?

4.8yrs

Average management tenure


CEO

Chris Fraser (45yo)

8.8yrs

Tenure

UK£971,000

Compensation

Mr. Christopher Neil Fraser, also known as Chris, has been the Chief Executive Officer and Managing Director of Sirius Minerals Plc since 2011. Mr. Fraser has approximately 20 years finance experience in t ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Chris's total compensation is reasonable compared to companies of similar size in the US market.

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


Management Age and Tenure

4.8yrs

Average Tenure

45yo

Average Age

Experienced Management: SRUX.F's management team is considered experienced (4.8 years average tenure).


Board Age and Tenure

5.0yrs

Average Tenure

64yo

Average Age

Experienced Board: SRUX.F's board of directors are considered experienced (5 years average tenure).


Insider Trading

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


Recent Insider Transactions

BuyUK£12,51018 Sep 19
Christopher Fraser
EntityIndividual
Role
Chief Executive Officer
MD, CEO & Executive Director
Shares250,000
Max PriceUK£0.05
BuyUK£19,60829 May 19
Jane Lodge
EntityIndividual
Role
Member of the Board of Directors
Independent Non-Executive Director
Shares100,000
Max PriceUK£0.20

Ownership Breakdown


Management Team

  • Chris Fraser (45yo)

    MD, CEO & Executive Director

    • Tenure: 8.8yrs
    • Compensation: UK£971.00k
  • Peter Woods (81yo)

    Consultant

    • Tenure: 4.3yrs
    • Compensation: UK£25.00k
  • Nicholas King (45yo)

    General Counsel & Company Secretary

    • Tenure: 7.1yrs
  • Jason Starzecki (43yo)

    Chief Marketing Officer

    • Tenure: 0yrs
  • Jackie Flynn

    Deputy Group Chief Financial Officer

    • Tenure: 0yrs
  • Thomas Staley (38yo)

    Finance Director

    • Tenure: 2.7yrs
    • Compensation: UK£654.00k
  • Simon Carter (61yo)

    Chief Development Officer

    • Tenure: 1.5yrs

Board Members

  • Keith Edward Clarke (67yo)

    Independent Non-Executive Director

    • Tenure: 5.8yrs
    • Compensation: UK£57.00k
  • Elizabeth Harwerth (71yo)

    Senior Independent Director

    • Tenure: 2.5yrs
    • Compensation: UK£61.00k
  • Russell Scrimshaw (70yo)

    Non-Executive Chairman

    • Tenure: 7.9yrs
    • Compensation: UK£188.00k
  • Louise Hardy (52yo)

    Independent Non-Executive Director

    • Tenure: 3.4yrs
    • Compensation: UK£49.00k
  • Chris Fraser (45yo)

    MD, CEO & Executive Director

    • Tenure: 8.8yrs
    • Compensation: UK£971.00k
  • John Patrick Hutton (64yo)

    Independent Non-Executive Director

    • Tenure: 7.8yrs
    • Compensation: UK£53.00k
  • Jane Lodge (64yo)

    Independent Non-Executive Director

    • Tenure: 4.3yrs
    • Compensation: UK£57.00k
  • Thomas Staley (38yo)

    Finance Director

    • Tenure: 2.7yrs
    • Compensation: UK£654.00k

Company Information

Sirius Minerals Plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sirius Minerals Plc
  • Ticker: SRUX.F
  • Exchange: OTCPK
  • Founded: 2003
  • Industry: Fertilizers and Agricultural Chemicals
  • Sector: Materials
  • Market Cap: UK£257.457m
  • Listing Market Cap: UK£323.821m
  • Shares outstanding: 7.00b
  • Website: https://www.siriusminerals.com

Number of Employees


Location

  • Sirius Minerals Plc
  • Resolution House
  • Lake View
  • Scarborough
  • North Yorkshire
  • YO11 3ZB
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SXXLSE (London Stock Exchange)YesOrdinary SharesGBGBPAug 2005
SRUX.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDAug 2005
8S1DB (Deutsche Boerse AG)YesOrdinary SharesDEEURAug 2005
SXXLBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBGBPAug 2005
SRUX.YOTCPK (Pink Sheets LLC)SPONSORED ADRUSUSDApr 2009

Biography

Sirius Minerals Plc, a fertilizer company, engages in the exploration and development of resource properties in the United Kingdom. The company focuses on the development of the Woodsmith mine that explore ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/15 00:03
End of Day Share Price2019/10/14 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.