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Yancoal Australia

DB:YA1
Snowflake Description

Undervalued with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
YA1
DB
A$3B
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Yancoal Australia Ltd Engages in the exploration, development, production, and marketing of metallurgical and thermal coal in Japan, Singapore, China, South Korea, Taiwan, Thailand, Australia, and internationally. The last earnings update was 31 days ago. More info.


Add to Portfolio Compare Print
  • Yancoal Australia has significant price volatility in the past 3 months.
YA1 Share Price and Events
7 Day Returns
5.5%
DB:YA1
18.1%
DE Oil and Gas
7.3%
DE Market
1 Year Returns
-48%
DB:YA1
21.9%
DE Oil and Gas
-17.7%
DE Market
YA1 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Yancoal Australia (YA1) 5.5% -28.1% -36.1% -48% -86.7% -13.5%
DE Oil and Gas 18.1% -15.9% -28.7% 21.9% -25.6% 137.4%
DE Market 7.3% -17.9% -25.8% -17.7% -25.6% -29%
1 Year Return vs Industry and Market
  • YA1 underperformed the Oil and Gas industry which returned 21.9% over the past year.
  • YA1 underperformed the Market in Germany which returned -17.7% over the past year.
Price Volatility
YA1
Industry
5yr Volatility vs Market

Value

 Is Yancoal Australia 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
Here we compare the current share price of Yancoal Australia to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Yancoal Australia.

DB:YA1 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:YA1
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.81
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.808 (1 + (1- 30%) (127.98%))
1.356
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.36
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (1.356 * 5.44%)
6.99%

Discounted Cash Flow Calculation for DB:YA1 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Yancoal Australia is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:YA1 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (AUD, Millions) Source Present Value
Discounted (@ 6.99%)
2020 1,145.84 Est @ -8.54% 1,070.99
2021 1,075.96 Est @ -6.1% 939.98
2022 1,028.77 Est @ -4.39% 840.05
2023 995.98 Est @ -3.19% 760.15
2024 972.60 Est @ -2.35% 693.82
2025 955.47 Est @ -1.76% 637.08
2026 942.58 Est @ -1.35% 587.43
2027 932.58 Est @ -1.06% 543.23
2028 924.55 Est @ -0.86% 503.37
2029 917.91 Est @ -0.72% 467.11
Present value of next 10 years cash flows A$7,043.00
DB:YA1 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= A$917.91 × (1 + -0.39%) ÷ (6.99% – -0.39%)
A$12,391.44
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= A$12,391.44 ÷ (1 + 6.99%)10
A$6,305.84
DB:YA1 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= A$7,043.00 + A$6,305.84
A$13,348.84
Equity Value per Share
(AUD)
= Total value / Shares Outstanding
= A$13,348.84 / 1,320.44
A$10.11
DB:YA1 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:YA1 represents 0.55556x of ASX:YAL
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.55556x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (AUD) x Listing Adjustment Factor
= A$ 10.11 x 0.55556
€5.62
Value per share (EUR) From above. €5.62
Current discount Discount to share price of €1.15
= -1 x (€1.15 - €5.62) / €5.62
79.5%

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

Current Discount
Amount off the current price Yancoal Australia is available for.
Intrinsic value
>50%
Share price is €1.15 vs Future cash flow value of €5.62
Current Discount Checks
For Yancoal Australia to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Yancoal Australia's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Yancoal Australia's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 Yancoal Australia's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Yancoal Australia's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:YA1 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in AUD A$0.54
ASX:YAL Share Price ** ASX (2020-03-30) in AUD A$2.07
Europe Oil and Gas Industry PE Ratio Median Figure of 105 Publicly-Listed Oil and Gas Companies 5.67x
Germany Market PE Ratio Median Figure of 400 Publicly-Listed Companies 16.36x

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

** Primary Listing of Yancoal Australia.

DB:YA1 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:YAL Share Price ÷ EPS (both in AUD)

= 2.07 ÷ 0.54

3.8x

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

  • Yancoal Australia is good value based on earnings compared to the Europe Oil and Gas industry average.
  • Yancoal Australia is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Yancoal Australia's expected growth come at a high price?
Raw Data
DB:YA1 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 3.8x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
Europe Oil and Gas Industry PEG Ratio Median Figure of 65 Publicly-Listed Oil and Gas Companies 0.17x
Germany Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.2x

*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 Yancoal Australia, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Yancoal Australia's assets?
Raw Data
DB:YA1 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in AUD A$4.67
ASX:YAL Share Price * ASX (2020-03-30) in AUD A$2.07
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 0.94x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.43x
DB:YA1 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:YAL Share Price ÷ Book Value per Share (both in AUD)

= 2.07 ÷ 4.67

0.44x

* Primary Listing of Yancoal Australia.

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

  • Yancoal Australia is good value based on assets compared to the DE Oil and Gas industry average.
X
Value checks
We assess Yancoal Australia'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 Oil and Gas 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 Oil and Gas industry average (and greater than 0)? (1 check)
  5. Yancoal Australia has a total score of 5/6, 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 Yancoal Australia expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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
0.4%
Expected annual growth in revenue.
Earnings growth vs Low Risk Savings
Is Yancoal Australia expected to grow at an attractive rate?
  • Unable to compare Yancoal Australia's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Yancoal Australia's earnings growth to the Germany market average as no estimate data is available.
  • Yancoal Australia's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:YA1 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:YA1 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 0.4%
Europe Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 13%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.3%
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:YA1 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:YA1 Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 4,450 1
2021-12-31 4,066 1
2020-12-31 3,756 1
DB:YA1 Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2019-12-31 4,500 1,548 719
2019-09-30 4,684 1,683 887
2019-06-30 4,861 1,818 1,055
2019-03-31 4,858 1,783 954
2018-12-31 4,861 1,747 852
2018-09-30 4,493 1,293 728
2018-06-30 4,124 838 604
2018-03-31 3,367 623 417
2017-12-31 2,609 408 229
2017-09-30 2,108 399 84
2017-06-30 1,606 390 -61
2017-03-31 1,422 183 -144

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Yancoal Australia is high growth as no earnings estimate data is available.
  • Yancoal Australia's revenue is expected to grow by 0.4% yearly, however this is not considered high growth (20% yearly).
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:YA1 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Yancoal Australia Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:YA1 Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31
2021-12-31
2020-12-31
DB:YA1 Past Financials Data
Date (Data in AUD Millions) EPS *
2019-12-31 0.54
2019-09-30 0.68
2019-06-30 0.82
2019-03-31 0.75
2018-12-31 0.68
2018-09-30 0.55
2018-06-30 0.57
2018-03-31 0.55
2017-12-31 0.50
2017-09-30 0.07
2017-06-30 -1.78
2017-03-31 -4.60

*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.
  • Yancoal Australia is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Yancoal Australia'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 Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe 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.
Yancoal Australia 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 Yancoal Australia 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 Yancoal Australia's growth in the last year to its industry (Oil and Gas).
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.
  • Yancoal Australia has delivered over 20% year on year earnings growth in the past 5 years.
  • Yancoal Australia's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Yancoal Australia's 1-year earnings growth is negative, it can't be compared to the Europe Oil and Gas industry average.
Earnings and Revenue History
Yancoal Australia'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 Yancoal Australia Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:YA1 Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 4,500.00 719.00 528.00
2019-09-30 4,684.00 887.00 527.50
2019-06-30 4,861.00 1,055.00 527.00
2019-03-31 4,857.50 953.50 524.50
2018-12-31 4,861.00 852.00 522.00
2018-09-30 4,492.50 728.00 490.00
2018-06-30 4,124.00 604.00 458.00
2018-03-31 3,366.50 416.50 381.50
2017-12-31 2,609.00 229.00 305.00
2017-09-30 2,107.70 84.25 246.25
2017-06-30 1,606.40 -60.50 189.50
2017-03-31 1,422.20 -143.75 189.75
2016-12-31 1,238.00 -227.00 188.00
2016-09-30 1,193.65 -276.45 191.95
2016-06-30 1,150.30 -326.30 200.70
2016-03-31 1,235.90 -308.75 216.05
2015-12-31 1,321.00 -291.00 229.00
2015-09-30 1,367.72 -298.70 249.44
2015-06-30 1,413.93 -306.19 267.47
2015-03-31 1,422.82 -329.85 271.44
2014-12-31 1,431.70 -353.50 275.40
2014-09-30 1,448.86 -314.42 273.82
2014-06-30 1,466.02 -275.34 272.24
2014-03-31 1,497.92 -553.70 269.03
2013-12-31 1,529.81 -832.07 265.83
2013-09-30 1,507.34 -808.06 270.40
2013-06-30 1,484.86 -784.06 274.97
2013-03-31 1,427.03 -204.56 256.51

*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.
  • Yancoal Australia has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Yancoal Australia used its assets more efficiently than the Europe Oil and Gas industry average last year based on Return on Assets.
  • Yancoal Australia has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Yancoal Australia'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 Oil and Gas 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.
Yancoal Australia 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 Yancoal Australia'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 Yancoal Australia's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Yancoal Australia's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Yancoal Australia's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Yancoal Australia'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.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.5x debt.
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 Yancoal Australia Company Filings, last reported 2 months ago.

DB:YA1 Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 6,163.00 3,404.00 962.00
2019-09-30 6,163.00 3,404.00 962.00
2019-06-30 6,070.00 3,399.00 590.00
2019-03-31 6,070.00 3,399.00 590.00
2018-12-31 5,838.00 4,082.00 1,031.00
2018-09-30 5,838.00 4,082.00 1,031.00
2018-06-30 5,265.00 4,233.00 485.00
2018-03-31 5,265.00 4,233.00 485.00
2017-12-31 5,026.00 4,668.00 207.00
2017-09-30 5,026.00 4,668.00 207.00
2017-06-30 1,533.40 4,663.40 316.70
2017-03-31 1,533.40 4,663.40 316.70
2016-12-31 1,352.00 4,883.00 190.00
2016-09-30 1,352.00 4,883.00 190.00
2016-06-30 1,516.60 4,951.00 100.00
2016-03-31 1,516.60 4,951.00 100.00
2015-12-31 1,688.00 4,701.00 154.00
2015-09-30 1,688.30 4,700.70 154.40
2015-06-30 2,166.09 4,168.32 187.57
2015-03-31 2,166.09 4,168.32 187.57
2014-12-31 2,487.20 3,738.80 203.60
2014-09-30 2,487.20 3,738.80 203.60
2014-06-30 989.95 5,061.77 365.30
2014-03-31 989.95 5,061.77 365.30
2013-12-31 977.15 5,107.61 318.00
2013-09-30 977.15 5,107.61 318.00
2013-06-30 985.83 4,876.40 380.27
2013-03-31 985.83 4,876.40 380.27
  • Yancoal Australia's level of debt (55.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (150.7% vs 55.2% today).
  • Debt is well covered by operating cash flow (45.5%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 4.4x coverage).
X
Financial health checks
We assess Yancoal Australia'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. Yancoal Australia has a total score of 3/6, 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 Yancoal Australia'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
15.25%
Current annual income from Yancoal Australia dividends.
If you bought €2,000 of Yancoal Australia shares you are expected to receive €305 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?
  • Yancoal Australia's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.7%).
  • Yancoal Australia's dividend is above the markets top 25% of dividend payers in Germany (4.97%).
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:YA1 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 1 Analyst Estimates (S&P Global) See Below
Europe Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 68 Stocks 9.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 323 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 1%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 5%

Industry and Market average data is calculated daily.

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

DB:YA1 Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
2022-12-31
2021-12-31
2020-12-31
DB:YA1 Past Annualized Dividends Data
Date (Data in A$) Dividend per share (annual) Avg. Yield (%)
2020-02-28 0.316 13.533
2019-02-25 0.319 10.116
2018-08-15 0.207 5.661

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

  • Whilst dividend payments have been stable, Yancoal Australia has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Yancoal Australia only paid a dividend in the past 2 years.
Current Payout to shareholders
What portion of Yancoal Australia's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.7x coverage).
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 Yancoal Australia's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - 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 Yancoal Australia afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Yancoal Australia has a total score of 3/6, 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 Yancoal Australia'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
David Moult
COMPENSATION A$245,000
AGE 62
TENURE AS CEO 0 years
CEO Bio

Mr. David James Moult, CEng, MBA, FAusIMM, FIMMM, has been Chief Executive Officer at Yancoal Australia Ltd. since March 9, 2020. Mr. Moult has been the Chairman of New South Wales Minerals Council since January 1, 2013. He serves as a Director of Australian Coal Association Low Emissions Technologies Limited (ACALET) and Member of Coal Innovation NSW (CINSW). He served as a Director at Centennial Coal Company Limited from July 1, 2011 to 2018. He was Independent Non-Executive Director at Yancoal Australia Ltd. from January 30, 2018 until March 9, 2020. He has been a Director of Coal Services Pty Limited since January 1, 2015. Mr. Moult has been a Director at Austral Coal Pty Limited since April 14, 2005. He served as the Chief Executive officer and Managing Director of Centennial Coal Company Limited since July 1, 2011 until May 2, 2017. Mr. Moult served as the Chief Operating Officer of Centennial Coal Co. Ltd. of Austral Coal Pty Limited since 2004. Mr. Moult has 37 years global coal mining experience. Mr. Moult served as General Manager of Operations of Centennial Coal Co. Ltd., since joining in January 1998. He spent nine years as a Mine Manager with both British Coal and then RJB Mining PLC (now UK Coal PLC). In 1995, he moved to Pittsburgh, USA as Global Business Development Manager for Joy Mining Machinery with responsibility for the US, UK, RSA and Australia. In July 1997, he moved to Australia with Joy Mining Machinery as the Regional Vice President with responsibility for Queensland. Mr. Moult, former director of the Newcastle Coal Infrastructure Group and the Port Kembla Coal Terminal. Mr. Moult is also a current director of the following industry organisations: Coal Mines Insurance Pty Ltd; and Mines Rescue Pty Ltd. From May 2014 to February 2015, he was a member of the Minerals Industry Taskforce, tasked with providing a roadmap for the growth in the minerals sector within NSW. He served as Director of the Australian Coal Association (ACA). Mr. Moult received an MBA from Nottingham Business School of the Nottingham Trent University in the UK and qualified as a Mining Engineer in 1979.

CEO Compensation
  • David's compensation has been consistent with company performance over the past year, both up more than 20%.
  • David's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Yancoal Australia management team in years:

5.7
Average Tenure
56.5
Average Age
  • The average tenure for the Yancoal Australia management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

David Moult

TITLE
Chief Executive Officer
COMPENSATION
A$245K
AGE
62

Paul Stringer

TITLE
Chief Operating Officer
COMPENSATION
A$2M
AGE
64
TENURE
1.8 yrs

Ning Zhang

TITLE
Vice-Chair
AGE
51

Brendan Fitzpatrick

TITLE
General Manager of Investor Relations

Laura Zhang

TITLE
Company Secretary & Chief Legal
AGE
41
TENURE
5.7 yrs

Frank Fulham

TITLE
Chief Development Officer
TENURE
8.2 yrs
Board of Directors Tenure

Average tenure and age of the Yancoal Australia board of directors in years:

2.9
Average Tenure
53.5
Average Age
  • The average tenure for the Yancoal Australia board of directors is less than 3 years, this suggests a new board.
Board of Directors

Baocai Zhang

TITLE
Chairman
AGE
52
TENURE
1.8 yrs

Greg Fletcher

TITLE
Vice Chairman
COMPENSATION
A$360K
AGE
62
TENURE
2 yrs

Ning Zhang

TITLE
Vice-Chair
AGE
51

Laura Zhang

TITLE
Company Secretary & Chief Legal
AGE
41

Helen Gillies

TITLE
Independent Non-Executive Director
COMPENSATION
A$225K
AGE
54
TENURE
2.2 yrs

Cunliang Lai

TITLE
Non-Executive Director
AGE
59
TENURE
15.3 yrs

Geoff Raby

TITLE
Independent Non-Executive Director
COMPENSATION
A$205K
AGE
65
TENURE
7.8 yrs

Fuqi Wang

TITLE
Non-Executive Director
AGE
55
TENURE
4.9 yrs

Xiangqian Wu

TITLE
Former Executive Director
AGE
53
TENURE
2.9 yrs

Qingchun Zhao

TITLE
Non-Executive Director
AGE
51
TENURE
2.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Yancoal Australia'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. Yancoal Australia 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

Yancoal Australia Ltd Engages in the exploration, development, production, and marketing of metallurgical and thermal coal in Japan, Singapore, China, South Korea, Taiwan, Thailand, Australia, and internationally. It owns 81% interests in the Moolarben coal mine located in the Western Coalfields of New South Wales; 100% interests in the Stratford Duralie mines located within the New South Wales Gloucester Basin; 100% interests in the Yarrabee mine located to the northeast of Blackwater in Central Queensland’s Bowen Basin; 50% interests in the Middlemount mine located to the north-east of Emerald in Queensland's Bowen Basin; and 80% interests in the Mount Thorley mine and 84.5% interests in the Warkworth mine in the Hunter Valley region of New South Wales. It also manages five other projects in New South Wales, Queensland, and Western Australia. The company was founded in 2004 and is based in Sydney, Australia. Yancoal Australia Ltd is a subsidiary of Yanzhou Coal Mining Company Limited.

Details
Name: Yancoal Australia Ltd
YA1
Exchange: DB
Founded: 2004
A$1,512,004,391
1,320,439,437
Website: http://www.yancoal.com.au
Address: Yancoal Australia Ltd
201 Sussex Street,
Level 18,
Sydney,
New South Wales, 2000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX YAL Ordinary Shares Australian Securities Exchange AU AUD 14. Mar 2003
OTCPK YACA.F Ordinary Shares Pink Sheets LLC US USD 14. Mar 2003
DB YA1 Ordinary Shares Deutsche Boerse AG DE EUR 14. Mar 2003
BST YA1 Ordinary Shares Boerse-Stuttgart DE EUR 14. Mar 2003
SEHK 3668 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 14. Mar 2003
CHIA YAL Ordinary Shares Chi-X Australia AU AUD 14. Mar 2003
Number of employees
Current staff
Staff numbers
2,900
Yancoal Australia employees.
Industry
Coal and Consumable Fuels
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/30 23:11
End of day share price update: 2020/03/30 00:00
Last estimates confirmation: 2020/03/27
Last earnings filing: 2020/02/28
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


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.