29Metals Financials
| 29M Stock | 0.37 0.01 2.78% |
Operating Margin (0.19) | Profit Margin (0.53) | EPS Estimate Current Year (0.09) | Return On Equity (0.67) |
29Metals | Select Account or Indicator |
Understanding current and past 29Metals Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of 29Metals' financial statements are interrelated, with each one affecting the others. For example, an increase in 29Metals' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in 29Metals' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of 29Metals. Check 29Metals' Beneish M Score to see the likelihood of 29Metals' management manipulating its earnings.
29Metals Stock Summary
29Metals competes with Northern Star, Evolution Mining, Bluescope Steel, Sandfire Resources, and Aneka Tambang. 29Metals is entity of Australia. It is traded as Stock on AU exchange.Specialization | Basic Materials, Other Precious Metals & Mining |
| Instrument | Australia Stock View All |
| Exchange | Australian Securities Exchange |
| ISIN | AU0000157067 |
| Business Address | 150 Collins Street, |
| Sector | Metals & Mining |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.29metals.com |
| Phone | 61 3 7037 5300 |
You should never invest in 29Metals without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of 29Metals Stock, because this is throwing your money away. Analyzing the key information contained in 29Metals' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
29Metals Key Financial Ratios
29Metals' financial ratios allow both analysts and investors to convert raw data from 29Metals' financial statements into concise, actionable information that can be used to evaluate the performance of 29Metals over time and compare it to other companies across industries.| Revenue | 453.88 M | ||||
| Gross Profit | 3.89 M | ||||
| EBITDA | (230.93 M) | ||||
| Net Income | (440.46 M) | ||||
| Total Asset | 981.21 M |
29Metals Key Income Statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Tax Provision | 53.7M | 34.5M | (103.2M) | (18.6M) | 58.1M | 61.0M | |
| Interest Income | 9.9M | 17.9M | 90K | 1.4M | 5.2M | 6.1M | |
| Interest Expense | 15.5M | 96.7M | 29.1M | 18.8M | 30.8M | 36.3M | |
| Total Revenue | 657.2M | 434.5M | 593.9M | 714.0M | 453.9M | 450.4M | |
| Gross Profit | 157.7M | 107.3M | 229.8M | 186.2M | (94.6M) | (89.9M) | |
| Operating Income | 138.6M | 98.6M | 46.9M | (47.0M) | (353.1M) | (335.4M) | |
| Ebit | 133.7M | 131.2M | 44.5M | (50.0M) | (355.4M) | (337.6M) | |
| Ebitda | 248.7M | 188.6M | 147.2M | 144.1M | (230.9M) | (219.4M) | |
| Cost Of Revenue | 499.4M | 327.2M | 364.0M | 527.8M | 548.5M | 494.2M | |
| Income Before Tax | 116.8M | 34.5M | 17.8M | (65.8M) | (382.4M) | (363.3M) | |
| Net Income | 81.7M | 83.7M | 121.0M | (47.2M) | (440.5M) | (418.4M) | |
| Income Tax Expense | 35.0M | 34.5M | (103.2M) | (18.6M) | 58.1M | 61.0M |
29Metals Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining 29Metals's current stock value. Our valuation model uses many indicators to compare 29Metals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across 29Metals competition to find correlations between indicators driving 29Metals's intrinsic value. More Info.29Metals is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the 29Metals' earnings, one of the primary drivers of an investment's value.29Metals Systematic Risk
29Metals' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. 29Metals volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on 29Metals correlated with the market. If Beta is less than 0 29Metals generally moves in the opposite direction as compared to the market. If 29Metals Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one 29Metals is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of 29Metals is generally in the same direction as the market. If Beta > 1 29Metals moves generally in the same direction as, but more than the movement of the benchmark.
29Metals Common Stock Shares Outstanding Over Time
29Metals Thematic Clasifications
29Metals is part of several thematic ideas from Copper to Heavy Metals. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas29Metals November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of 29Metals help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of 29Metals. We use our internally-developed statistical techniques to arrive at the intrinsic value of 29Metals based on widely used predictive technical indicators. In general, we focus on analyzing 29Metals Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build 29Metals's daily price indicators and compare them against related drivers.
| Downside Deviation | 5.76 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 38.1 | |||
| Value At Risk | (5.56) | |||
| Potential Upside | 6.12 |
Additional Tools for 29Metals Stock Analysis
When running 29Metals' price analysis, check to measure 29Metals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy 29Metals is operating at the current time. Most of 29Metals' value examination focuses on studying past and present price action to predict the probability of 29Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 29Metals' price. Additionally, you may evaluate how the addition of 29Metals to your portfolios can decrease your overall portfolio volatility.