WEST AFRICAN RESOURCES LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1.315 AUD | +1.54% |
|
+1.15% | +39.15% |
| Apr. 24 | West African Resources Produces 57,000 Gold Ounces in Q1 | MT |
| Apr. 24 | Transcript : West African Resources Limited, Q3 2024 Earnings Call, Apr 24, 2024 |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 374.3 | 918.2 | 1,347 | 1,202 | 969.7 | 1,351 | - | - |
| Enterprise Value (EV) 1 | 534.2 | 1,065 | 1,190 | 1,051 | 834.6 | 1,355 | 1,184 | 1,021 |
| P/E ratio | -86 x | 9.33 x | 6.38 x | 7.39 x | 6.65 x | 12 x | 6.88 x | 5.08 x |
| Yield | - | - | - | - | - | - | 1.9% | 8.33% |
| Capitalization / Revenue | 302 x | 2.95 x | 1.89 x | 1.98 x | 1.47 x | 2.07 x | 1.53 x | 1.1 x |
| EV / Revenue | 431 x | 3.42 x | 1.67 x | 1.73 x | 1.26 x | 2.07 x | 1.34 x | 0.83 x |
| EV / EBITDA | -129 x | 6.01 x | 2.68 x | 3.3 x | 2.58 x | 4.17 x | 2.8 x | 1.88 x |
| EV / FCF | - | 34.7 x | 4.92 x | 317 x | -49.8 x | -6.36 x | 12.6 x | 3.2 x |
| FCF Yield | - | 2.88% | 20.3% | 0.32% | -2.01% | -15.7% | 7.91% | 31.3% |
| Price to Book | 4.9 x | 5.56 x | 2.57 x | 1.72 x | 1.13 x | 1.33 x | 1.19 x | 1.11 x |
| Nbr of stocks (in thousands) | 870,479 | 878,683 | 1,020,774 | 1,022,842 | 1,026,113 | 1,027,114 | - | - |
| Reference price 2 | 0.4300 | 1.045 | 1.320 | 1.175 | 0.9450 | 1.315 | 1.315 | 1.315 |
| Announcement Date | 3/26/20 | 3/26/21 | 3/30/22 | 3/19/23 | 3/13/24 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1.239 | 311.2 | 712.1 | 608.2 | 661.2 | 653.2 | 883.9 | 1,227 |
| EBITDA 1 | -4.145 | 177.4 | 444.7 | 318.1 | 323.4 | 325.1 | 423.1 | 541.7 |
| EBIT 1 | -4.329 | 153.3 | 387.4 | 258.7 | 236.4 | 269.9 | 355.1 | 423.8 |
| Operating Margin | -349.39% | 49.27% | 54.4% | 42.54% | 35.75% | 41.31% | 40.18% | 34.52% |
| Earnings before Tax (EBT) 1 | -4.334 | 141.4 | 321.5 | 257.6 | 241.1 | 240.4 | 318.5 | 391.4 |
| Net income 1 | -4.275 | 89.36 | 189 | 164.4 | 146.9 | 162.7 | 192.5 | 274.2 |
| Net margin | -345.04% | 28.72% | 26.53% | 27.04% | 22.21% | 24.91% | 21.78% | 22.34% |
| EPS 2 | -0.005000 | 0.1120 | 0.2070 | 0.1590 | 0.1420 | 0.1092 | 0.1912 | 0.2587 |
| Free Cash Flow 1 | - | 30.73 | 241.7 | 3.311 | -16.77 | -213 | 93.66 | 319.1 |
| FCF margin | - | 9.87% | 33.94% | 0.54% | -2.54% | -32.61% | 10.6% | 26% |
| FCF Conversion (EBITDA) | - | 17.32% | 54.35% | 1.04% | - | - | 22.14% | 58.9% |
| FCF Conversion (Net income) | - | 34.38% | 127.91% | 2.01% | - | - | 48.66% | 116.35% |
| Dividend per Share 2 | - | - | - | - | - | - | 0.0250 | 0.1095 |
| Announcement Date | 3/26/20 | 3/26/21 | 3/30/22 | 3/19/23 | 3/13/24 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S1 | 2023 S1 |
|---|---|---|
| Net sales 1 | - | 309.7 |
| EBITDA 1 | - | 169.6 |
| EBIT | - | - |
| Operating Margin | - | - |
| Earnings before Tax (EBT) | - | - |
| Net income 1 | 2.866 | 74.35 |
| Net margin | - | 24.01% |
| EPS 2 | 0.004000 | 0.0720 |
| Dividend per Share | - | - |
| Announcement Date | 8/31/20 | 8/28/23 |
1AUD in Million2AUD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 160 | 147 | - | - | - | 4.23 | - | - |
| Net Cash position 1 | - | - | 158 | 151 | 135 | - | 167 | 330 |
| Leverage (Debt/EBITDA) | -38.59 x | 0.8294 x | - | - | - | 0.013 x | - | - |
| Free Cash Flow 1 | - | 30.7 | 242 | 3.31 | -16.8 | -213 | 93.7 | 319 |
| ROE (net income / shareholders' equity) | -5.47% | 74% | 54.8% | 26.8% | 18.8% | 16.5% | 17.7% | 18.8% |
| ROA (Net income/ Total Assets) | - | - | 28.3% | - | 14% | 9.6% | 14.8% | 15.3% |
| Assets 1 | - | - | 667.5 | - | 1,050 | 1,695 | 1,301 | 1,792 |
| Book Value Per Share 2 | 0.0900 | 0.1900 | 0.5100 | 0.6800 | 0.8400 | 0.9900 | 1.100 | 1.180 |
| Cash Flow per Share 2 | -0.0100 | 0.1700 | 0.3800 | 0.1800 | 0.2000 | 0.2100 | 0.2900 | 0.4500 |
| Capex 1 | 209 | - | 108 | 181 | 225 | 398 | 280 | 64.4 |
| Capex / Sales | 16,865.86% | - | 15.16% | 29.72% | 34.09% | 60.91% | 31.69% | 5.25% |
| Announcement Date | 3/26/20 | 3/26/21 | 3/30/22 | 3/19/23 | 3/13/24 | - | - | - |
1AUD in Million2AUD
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
C+
Sell
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
1.315
AUD
Average target price
1.888
AUD
Spread / Average Target
+43.54%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +39.15% | 881M | |
| +3.24% | 49.27B | |
| +19.45% | 32.63B | |
| -2.42% | 29.96B | |
| +12.88% | 24.43B | |
| +10.62% | 11.31B | |
| +27.61% | 9.95B | |
| -.--% | 8.61B | |
| +14.84% | 8.27B | |
| +2.99% | 8.19B |
- Stock Market
- Equities
- WAF Stock
- Financials West African Resources Limited
