29METALS LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 0.53 AUD | +12.77% |
|
+12.77% | -17.83% |
| 24/04 | CLSA Downgrades 29Metals to Sell from Reduce, Price Target is AU$0.35 | MT |
| 24/04 | 29Metals Says Gross Revenue Climbed by AU$13 Million to AU$154 Million in March Quarter | MT |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 1,071 | 626.4 | 308 | 242.5 | - | - |
| Enterprise Value (EV) 1 | 1,074 | 644.1 | 344.3 | 347.4 | 380.7 | 354.2 |
| P/E ratio | 6.36 x | -19.5 x | -0.84 x | -3.45 x | 16.6 x | 4.81 x |
| Yield | - | 1.05% | - | - | - | 1.41% |
| Capitalization / Revenue | 2.09 x | 1.27 x | 1.05 x | 0.73 x | 0.63 x | 0.52 x |
| EV / Revenue | 2.09 x | 1.31 x | 1.17 x | 1.05 x | 0.99 x | 0.75 x |
| EV / EBITDA | 5.85 x | 6.23 x | -24.8 x | 38.4 x | 3.86 x | 2.68 x |
| EV / FCF | -66.5 x | 22.5 x | -4.33 x | -6.9 x | 4,700 x | 8.47 x |
| FCF Yield | -1.5% | 4.45% | -23.1% | -14.5% | 0.02% | 11.8% |
| Price to Book | 1.93 x | 1.28 x | 1.11 x | 0.94 x | 0.82 x | 0.68 x |
| Nbr of stocks (in thousands) | 4,80,455 | 4,81,356 | 7,01,315 | 7,01,699 | - | - |
| Reference price 2 | 2.229 | 1.301 | 0.4392 | 0.3065 | 0.3065 | 0.3065 |
| Announcement Date | 22/02/22 | 22/02/23 | 22/02/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 470.6 | 513 | 491.3 | 294.2 | 330 | 386 | 470.1 |
| EBITDA 1 | - | 183.5 | 103.3 | -13.86 | 9.044 | 98.52 | 132.1 |
| EBIT 1 | - | 93.64 | -25.78 | -92.14 | -67.23 | 22.34 | 68.53 |
| Operating Margin | - | 18.25% | -5.25% | -31.32% | -20.37% | 5.79% | 14.58% |
| Earnings before Tax (EBT) 1 | - | 12.84 | -44.87 | -250.2 | -92.39 | 23.59 | 57.16 |
| Net income 1 | - | 87.43 | -32.19 | -288.1 | -63.25 | 16.43 | 40.24 |
| Net margin | - | 17.04% | -6.55% | -97.94% | -19.17% | 4.26% | 8.56% |
| EPS 2 | - | 0.3504 | -0.0668 | -0.5227 | -0.0889 | 0.0184 | 0.0638 |
| Free Cash Flow 1 | - | -16.14 | 28.69 | -79.46 | -50.33 | 0.081 | 41.82 |
| FCF margin | - | -3.15% | 5.84% | -27.01% | -15.25% | 0.02% | 8.89% |
| FCF Conversion (EBITDA) | - | - | 27.76% | - | - | 0.08% | 31.65% |
| FCF Conversion (Net income) | - | - | - | - | - | 0.49% | 103.91% |
| Dividend per Share 2 | - | - | 0.0136 | - | - | - | 0.004320 |
| Announcement Date | 21/06/21 | 22/02/22 | 22/02/23 | 22/02/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 | 2024 S1 | 2024 S2 | 2025 S1 | 2025 S2 |
|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 286.4 | 246.8 | 248.4 | 151.8 | 140.5 | 182.1 | 140.6 | 167.2 | 176.3 |
| EBITDA 1 | 87.66 | 65.36 | 38.99 | -17.52 | 3.881 | 0.648 | -7.777 | 18.14 | 36.94 |
| EBIT 1 | 53.51 | 11.8 | -37.4 | -54.67 | -36.79 | -39.53 | -51.84 | -27.22 | -11.02 |
| Operating Margin | 18.68% | 4.78% | -15.06% | -36% | -26.19% | -21.71% | -36.87% | -16.28% | -6.25% |
| Earnings before Tax (EBT) 1 | - | 0.9611 | -45.82 | -198.1 | -49.54 | -46.01 | -58.32 | -34.99 | -21.39 |
| Net income 1 | 82.5 | 0.27 | -32.46 | -198.1 | -87.53 | -31.75 | -40.83 | -24.63 | -14.9 |
| Net margin | 28.81% | 0.11% | -13.07% | -130.48% | -62.31% | -17.44% | -29.03% | -14.73% | -8.46% |
| EPS 2 | - | 0.000550 | -0.0674 | -0.4109 | -0.1047 | -0.0454 | -0.0583 | -0.0350 | -0.0207 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - |
| Announcement Date | 22/02/22 | 28/08/22 | 22/02/23 | 29/08/23 | 22/02/24 | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | 2.99 | 17.7 | 36.2 | 105 | 138 | 112 |
| Net Cash position 1 | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 0.0163 x | 0.1715 x | -2.613 x | 11.6 x | 1.402 x | 0.8453 x |
| Free Cash Flow 1 | - | -16.1 | 28.7 | -79.5 | -50.3 | 0.08 | 41.8 |
| ROE (net income / shareholders' equity) | - | 14.6% | -6.36% | -77.4% | -24% | 1.05% | 12.1% |
| ROA (Net income/ Total Assets) | - | - | -3.62% | -38.7% | -10.7% | 9.55% | 9.65% |
| Assets 1 | - | - | 889.1 | 743.9 | 591.1 | 172 | 417 |
| Book Value Per Share 2 | - | 1.160 | 1.010 | 0.3900 | 0.3200 | 0.3700 | 0.4500 |
| Cash Flow per Share 2 | - | 0.2200 | 0.2200 | -0.0400 | 0.0400 | 0.1500 | 0.1800 |
| Capex 1 | - | 70.4 | 77 | 55.6 | 66.6 | 92.9 | 67.9 |
| Capex / Sales | - | 13.72% | 15.68% | 18.89% | 20.18% | 24.06% | 14.45% |
| Announcement Date | 21/06/21 | 22/02/22 | 22/02/23 | 22/02/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
9
Last Close Price
0.3065
USD
Average target price
0.2761
USD
Spread / Average Target
-9.92%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -17.83% | 215M | |
| -14.76% | 143B | |
| -6.37% | 117B | |
| -0.15% | 71.07B | |
| +5.25% | 50.28B | |
| +13.30% | 48.38B | |
| +36.91% | 39.93B | |
| +23.00% | 26.1B | |
| +33.36% | 21.36B | |
| +58.52% | 18.64B |
- Stock Market
- Equities
- 29M Stock
- Financials 29Metals Limited
