Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Ardiden. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Ardiden's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Ardiden 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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Ardiden's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Ardiden's earnings growth to the Australia market average as no estimate data is available.
Unable to compare Ardiden's revenue growth to the Australia market average as no estimate data is available.
Unable to determine if Ardiden is high growth as no earnings estimate data is available.
Unable to determine if Ardiden is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Ardiden's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Metals and Mining
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Robin Stuart Longley, also known as Rob serves as the Chief Executive Officer of Ardiden Limited since May 1, 2019 and serves as Managing Director and Board of Director at Ardiden Limited since February 01, 2020. He was involved with Sundance Resources Limited at the Mbalam-Nabeba Iron Ore project since commencement of the exploration activities in early 2007 until 2015. He holds extensive exploration and mining experience within the gold, nickel, cobalt, lithium and iron ore sectors. Mr. Longley was most recently Managing Director of Helios Gold Limited. He has extensive experience in Iron Ore Exploration, Development and Mining, including Iron Ore Projects in Mauritania, West Africa and with Rio Tinto and BHP in Australia. He has a strong background in the management of major resource programs in difficult environments, and a record of achieving exploration and project success. He is a qualified Geologist with a First Class Honours degree in Geology from the University of Western Australia and is a Member of the Australian Institute of Geoscientists.
Insufficient data for Rob to compare compensation growth.
Rob's remuneration is lower than average for companies of similar size in Australia.
Management Team Tenure
Average tenure of the
management team in years:
The average tenure for the Ardiden management team is less than 2 years, this suggests a new team.
MD, CEO & Director
Joint Company Secretary
Joint Company Secretary
Board of Directors Tenure
Average tenure of the
board of directors in years:
The average tenure for the Ardiden board of directors is less than 3 years, this suggests a new board.
Board of Directors
MD, CEO & Director
Independent Non-Executive Director
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
Ardiden Limited engages in exploration activities in Australia and Canada. It explores for gold and lithium properties. It focuses on the exploration at the Seymour Lake Lithium Project and the Pickle Lake Gold Project in Ontario, Canada. The company was formerly known as Stratos Resources Limited and changed its name to Ardiden Limited in December 2014. Ardiden Limited is based in West Perth, Australia.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.