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ASA Gold and Precious Metals

DB:FZ6
Snowflake Description

Flawless balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
FZ6
DB
$199M
Market Cap
  1. Home
  2. DE
  3. Diversified Financials
Company description

ASA Gold and Precious Metals Limited is a publicly owned investment manager. The last earnings update was 64 days ago. More info.


Add to Portfolio Compare Print
  • ASA Gold and Precious Metals is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
  • ASA Gold and Precious Metals has significant price volatility in the past 3 months.
FZ6 Share Price and Events
7 Day Returns
-16.6%
DB:FZ6
3%
DE Capital Markets
2.2%
DE Market
1 Year Returns
2.5%
DB:FZ6
-6.9%
DE Capital Markets
-17.2%
DE Market
FZ6 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
ASA Gold and Precious Metals (FZ6) -16.6% -17.8% -24.3% 2.5% -20.4% -5.4%
DE Capital Markets 3% -17.7% -13.1% -6.9% -24.7% -54.9%
DE Market 2.2% -15.7% -24% -17.2% -23.3% -27.8%
1 Year Return vs Industry and Market
  • FZ6 outperformed the Capital Markets industry which returned -6.9% over the past year.
  • FZ6 outperformed the Market in Germany which returned -17.2% over the past year.

Value

 Is ASA Gold and Precious Metals undervalued based on future cash flows and its price relative to the stock market?

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 undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for ASA Gold and Precious Metals. This is due to cash flow or dividend data being unavailable. The share price is €8.975.
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 ASA Gold and Precious Metals's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are ASA Gold and Precious Metals's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:FZ6 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-11-30) in USD $4.74
NYSE:ASA Share Price ** NYSE (2020-04-01) in USD $10.67
Germany Capital Markets Industry PE Ratio Median Figure of 16 Publicly-Listed Capital Markets Companies 22.55x
Germany Market PE Ratio Median Figure of 398 Publicly-Listed Companies 16.76x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of ASA Gold and Precious Metals.

DB:FZ6 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:ASA Share Price ÷ EPS (both in USD)

= 10.67 ÷ 4.74

2.25x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • ASA Gold and Precious Metals is good value based on earnings compared to the DE Capital Markets industry average.
  • ASA Gold and Precious Metals is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does ASA Gold and Precious Metals's expected growth come at a high price?
Raw Data
DB:FZ6 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 2.25x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Germany Capital Markets Industry PEG Ratio Median Figure of 6 Publicly-Listed Capital Markets Companies 1.59x
Germany Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.18x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for ASA Gold and Precious Metals, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on ASA Gold and Precious Metals's assets?
Raw Data
DB:FZ6 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-11-30) in USD $14.82
NYSE:ASA Share Price * NYSE (2020-04-01) in USD $10.67
Germany Capital Markets Industry PB Ratio Median Figure of 31 Publicly-Listed Capital Markets Companies 1.5x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.44x
DB:FZ6 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:ASA Share Price ÷ Book Value per Share (both in USD)

= 10.67 ÷ 14.82

0.72x

* Primary Listing of ASA Gold and Precious Metals.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • ASA Gold and Precious Metals is good value based on assets compared to the DE Capital Markets industry average.
X
Value checks
We assess ASA Gold and Precious Metals's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
  5. ASA Gold and Precious Metals has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is ASA Gold and Precious Metals expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 ASA Gold and Precious Metals 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 growth 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 it right!
Annual Growth Rate
39.4%
Expected Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is ASA Gold and Precious Metals expected to grow at an attractive rate?
  • Unable to compare ASA Gold and Precious Metals's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare ASA Gold and Precious Metals's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare ASA Gold and Precious Metals's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:FZ6 Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 39.4%
Germany Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 0.8%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.5%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:FZ6 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:FZ6 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-11-30 2 91
2019-08-31 2 116
2019-05-31 2 -6
2019-02-28 2 -17
2018-11-30 2 -49
2018-08-31 2 -79
2018-05-31 1 -26
2018-02-28 1 -36
2017-11-30 1 2
2017-08-31 1 -21
2017-05-31 1 1
2017-02-28 1 44

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if ASA Gold and Precious Metals is high growth as no earnings estimate data is available.
  • Unable to determine if ASA Gold and Precious Metals 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.
Raw Data
DB:FZ6 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from ASA Gold and Precious Metals Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:FZ6 Past Financials Data
Date (Data in USD Millions) EPS *
2019-11-30 4.74
2019-08-31 6.01
2019-05-31 -0.33
2019-02-28 -0.88
2018-11-30 -2.53
2018-08-31 -4.10
2018-05-31 -1.33
2018-02-28 -1.85
2017-11-30 0.09
2017-08-31 -1.10
2017-05-31 0.03
2017-02-28 2.30

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if ASA Gold and Precious Metals will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether ASA Gold and Precious Metals is trading at ASA Gold and Precious Metals'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. ASA Gold and Precious Metals's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Diversified Financials companies here
  3. ASA Gold and Precious Metals's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess ASA Gold and Precious Metals's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
ASA Gold and Precious Metals has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has ASA Gold and Precious Metals performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare ASA Gold and Precious Metals's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • ASA Gold and Precious Metals has delivered over 20% year on year earnings growth in the past 5 years.
  • ASA Gold and Precious Metals has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • ASA Gold and Precious Metals has become profitable in the last year making it difficult to compare the DE Capital Markets industry average.
Earnings and Revenue History
ASA Gold and Precious Metals's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from ASA Gold and Precious Metals Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:FZ6 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-11-30 2.37 91.43 3.48
2019-08-31 2.37 115.98 3.55
2019-05-31 2.33 -6.41 3.42
2019-02-28 2.32 -16.92 3.23
2018-11-30 1.62 -48.79 3.03
2018-08-31 1.67 -79.14 3.09
2018-05-31 1.50 -25.75 3.03
2018-02-28 1.38 -35.65 3.04
2017-11-30 1.40 1.74 3.07
2017-08-31 1.47 -21.19 3.08
2017-05-31 1.46 0.65 3.18
2017-02-28 1.16 44.29 3.13
2016-11-30 1.20 83.26 3.20
2016-08-31 1.10 125.61 3.22
2016-05-31 1.26 33.43 3.25
2016-02-29 1.51 -25.63 3.32
2015-11-30 1.66 -60.28 3.37
2015-08-31 1.81 -136.25 3.42
2015-05-31 1.98 -38.13 3.07
2015-02-28 2.13 -43.21 3.17
2014-11-30 2.21 -27.78 3.67
2014-08-31 2.42 15.44 4.08
2014-05-31 2.97 -32.57 4.51
2014-02-28 4.12 -87.11 4.52
2013-11-30 4.45 -212.67 4.08
2013-08-31 5.47 -176.59 3.71
2013-05-31 5.29 -145.55 3.87

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • ASA Gold and Precious Metals has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • ASA Gold and Precious Metals used its assets more efficiently than the DE Capital Markets industry average last year based on Return on Assets.
  • It is difficult to establish if ASA Gold and Precious Metals improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess ASA Gold and Precious Metals's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.
ASA Gold and Precious Metals has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is ASA Gold and Precious Metals's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up ASA Gold and Precious Metals's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • ASA Gold and Precious Metals is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • ASA Gold and Precious Metals's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of ASA Gold and Precious Metals's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • ASA Gold and Precious Metals has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from ASA Gold and Precious Metals Company Filings, last reported 4 months ago.

DB:FZ6 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-11-30 285.88 0.00 6.04
2019-08-31 310.11 0.00 4.48
2019-05-31 226.83 0.00 3.65
2019-02-28 226.83 0.00 3.65
2018-11-30 194.83 0.00 3.45
2018-08-31 194.52 0.00 3.52
2018-05-31 233.62 0.00 2.95
2018-02-28 228.43 0.00 4.35
2017-11-30 244.20 0.00 3.68
2017-08-31 274.43 0.00 4.04
2017-05-31 260.14 0.00 5.12
2017-02-28 264.86 0.00 3.08
2016-11-30 243.23 0.00 4.28
2016-08-31 296.39 0.00 4.37
2016-05-31 260.27 0.00 5.55
2016-02-29 221.34 0.00 4.49
2015-11-30 160.74 0.00 2.75
2015-08-31 171.55 0.00 4.33
2015-05-31 227.61 0.00 3.98
2015-02-28 247.74 0.00 2.36
2014-11-30 221.80 0.00 4.93
2014-08-31 308.57 0.00 3.31
2014-05-31 266.51 0.00 3.57
2014-02-28 291.72 0.00 5.32
2013-11-30 250.35 0.00 3.03
2013-08-31 296.40 0.00 3.03
2013-05-31 302.36 0.00 3.93
  • ASA Gold and Precious Metals has no debt.
  • ASA Gold and Precious Metals has not taken on any debt in the past 5 years.
  • ASA Gold and Precious Metals has no debt, it does not need to be covered by operating cash flow.
  • ASA Gold and Precious Metals has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess ASA Gold and Precious Metals's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. ASA Gold and Precious Metals has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is ASA Gold and Precious Metals's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.19%
Current annual income from ASA Gold and Precious Metals dividends.
If you bought €2,000 of ASA Gold and Precious Metals shares you are expected to receive €4 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • ASA Gold and Precious Metals's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.65%).
  • ASA Gold and Precious Metals's dividend is below the markets top 25% of dividend payers in Germany (4.87%).
Upcoming dividend payment

Purchase ASA Gold and Precious Metals before the 'Ex-dividend' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:FZ6 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Germany Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 3.2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 322 Stocks 3.8%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.6%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:FZ6 Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-11-01 0.020 0.160
2019-10-16 0.020 0.162
2019-03-26 0.020 0.179
2018-11-02 0.020 0.210
2018-10-16 0.040 0.439
2018-03-15 0.040 0.407
2017-11-02 0.040 0.362
2017-10-03 0.040 0.338
2017-03-16 0.040 0.334
2016-10-31 0.040 0.338
2016-10-03 0.040 0.298
2016-03-15 0.040 0.299
2015-11-06 0.040 0.514
2015-03-13 0.040 0.439
2014-11-04 0.040 0.367
2014-03-17 0.170 1.269
2013-11-04 0.180 1.378
2013-03-15 0.380 2.670
2012-11-05 0.380 1.811
2012-03-16 0.370 1.589
2012-02-07 0.720 2.594
2011-11-07 0.360 1.285
2011-05-09 0.340 1.170
2010-11-09 0.340 1.062
2010-05-04 0.433 1.541
2010-02-03 0.467 1.857
2010-01-29 0.467 1.979
2009-12-30 0.467 1.834
2009-11-09 0.867 3.321
2009-05-12 0.600 2.649

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • ASA Gold and Precious Metals is not paying a notable dividend for Germany, therefore no need to check if the payments are stable.
  • ASA Gold and Precious Metals is not paying a notable dividend for Germany, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of ASA Gold and Precious Metals's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of ASA Gold and Precious Metals's dividends as it is not paying a notable one for Germany.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess ASA Gold and Precious Metals's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can ASA Gold and Precious Metals afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. ASA Gold and Precious Metals has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of ASA Gold and Precious Metals's salary, the management and board of directors tenure and is there insider trading?

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.
CEO
Axel Merk
AGE 49
TENURE AS CEO 1.1 years
CEO Bio

Mr. Alexander Merk, also known as Axel is President and Chief Investment Officer at Merk Investments LLC since December 2000. Mr. Merk is Chief Operating Officer and and Principal Executive Officer at ASA Gold and Precious Metals Limited since March 2019. Mr. Merk founded Merk Investments AG in 1994, and is Chief Investment Officer from 1994 to 2001, during which time he provided investment advisory services. In October 2001, Merk Investments AG transferred its advisory functions to Merk Investments LLC, where Mr. Merk continues to provide advisory services and, since 2005, manages a family of currency mutual funds. After completing his Masters, he conducted post graduate research in Finance at Imperial College in London. He is sought-after speaker, contributor and author. Mr. Axel Merk's book, Sustainable Wealth, describes how the greater economic universe works, how it might affect your finances, and how to manage those finances to seek financial stability. He holds a B.A. in Economics Magna Cum Laude and an M.Sc. in Computer Science from Brown University, Rhode Island in 1991 and 1992, respectively.

CEO Compensation
  • Insufficient data for Axel to compare compensation growth.
  • Insufficient data for Axel to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the ASA Gold and Precious Metals management team in years:

1.1
Average Tenure
47
Average Age
  • The average tenure for the ASA Gold and Precious Metals management team is less than 2 years, this suggests a new team.
Management Team

Axel Merk

TITLE
Principal Executive Officer & COO
AGE
49
TENURE
1.1 yrs

Peter Maletis

TITLE
President
AGE
48
TENURE
1.1 yrs

Karen Shaw

TITLE
Chief Financial Officer
AGE
46
TENURE
1.1 yrs

Jack Huntington

TITLE
Chief Compliance Officer
AGE
49
TENURE
4.6 yrs

Jim Nash

TITLE
Deputy Chief Compliance Officer & Corporate Secretary
AGE
38
TENURE
4.1 yrs

Zachary Tackett

TITLE
Corporate Secretary
AGE
30
TENURE
0.4 yrs
Board of Directors Tenure

Average tenure and age of the ASA Gold and Precious Metals board of directors in years:

0.8
Average Tenure
62.5
Average Age
  • The average tenure for the ASA Gold and Precious Metals board of directors is less than 3 years, this suggests a new board.
Board of Directors

Mary Hoene

TITLE
Independent Non Executive Chairman
COMPENSATION
$50K
AGE
69
TENURE
1.3 yrs

Bruce Hansen

TITLE
Independent Director
COMPENSATION
$43K
AGE
61
TENURE
6.1 yrs

Tony Artabane

TITLE
Independent Director
COMPENSATION
$2K
AGE
64
TENURE
0.4 yrs

William Donovan

TITLE
Independent Director
AGE
60
TENURE
0.1 yrs
Who owns this company?
Recent Insider Trading
  • ASA Gold and Precious Metals individual insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
16. Mar 20 Buy Alexander Merk Individual 16. Mar 20 16. Mar 20 10,000 €7.98 €79,778
09. Mar 20 Buy Mary Hoene Individual 09. Mar 20 09. Mar 20 100 €11.23 €1,123
21. Jan 20 Buy Peter Maletis Individual 17. Jan 20 17. Jan 20 500 €12.28 €6,139
22. Jan 20 Sell Alexander Merk Individual 17. Jan 20 17. Jan 20 -13,600 €12.22 €-166,187
16. Jan 20 Buy Mary Hoene Individual 16. Jan 20 16. Jan 20 200 €12.20 €2,440
15. Jan 20 Buy Anthony Artabane Individual 15. Jan 20 15. Jan 20 2,500 €12.07 €30,186
26. Sep 19 Buy Mary Hoene Individual 25. Sep 19 25. Sep 19 200 €11.69 €2,337
X
Management checks
We assess ASA Gold and Precious Metals's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. ASA Gold and Precious Metals has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

ASA Gold and Precious Metals Limited is a publicly owned investment manager. The firm invests in the public equity markets across the globe. It primarily invests in stocks of companies engaged in the exploration, mining or processing of gold, silver, platinum, diamonds, or other precious minerals. The firm employs fundamental analysis, with a focus on bottom-up research to make its investments. ASA Gold and Precious Metals Limited was founded in 1958 and is based in San Mateo, California with an additional office in Buffalo, New York.

Details
Name: ASA Gold and Precious Metals Limited
FZ6
Exchange: DB
Founded: 1958
$180,979,817
19,289,905
Website: http://www.asaltd.com
Address: ASA Gold and Precious Metals Limited
400 South El Camino Real,
Suite 710,
San Mateo,
California, 94402,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE ASA Common Stock New York Stock Exchange US USD 02. Jan 1968
DB FZ6 Common Stock Deutsche Boerse AG DE EUR 02. Jan 1968
Number of employees
Current staff
Staff numbers
0
ASA Gold and Precious Metals employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/01 21:05
End of day share price update: 2020/04/01 00:00
Last earnings filing: 2020/01/28
Last earnings reported: 2019/11/30
Last annual earnings reported: 2019/11/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.