Horizon Gold Limited
Horizon Gold Limited Fundamental Analysis
Horizon Gold Limited (HRN.AX) shows moderate financial fundamentals with a PE ratio of -176.72, profit margin of 29.21%, and ROE of -2.84%. The company generates $-0.0B in annual revenue with weak year-over-year growth of -1.00%.
Key Strengths
Areas of Concern
The stock receives a Fundamental Health Score of -57.9/100 based on profitability, valuation, growth, and balance sheet metrics. The F grade reflects weak fundamentals and significant financial concerns.
Fundamental Health Score
We analyze HRN.AX's fundamental strength across five key dimensions:
Efficiency Score
WeakHRN.AX struggles to generate sufficient returns from assets.
Valuation Score
ExcellentHRN.AX trades at attractive valuation levels.
Growth Score
ModerateHRN.AX shows steady but slowing expansion.
Financial Health Score
ExcellentHRN.AX maintains a strong and stable balance sheet.
Profitability Score
WeakHRN.AX struggles to sustain strong margins.
Key Financial Metrics
Is HRN.AX Expensive or Cheap?
P/E Ratio
HRN.AX trades at -176.72 times earnings. This suggests potential undervaluation.
PEG Ratio
When adjusting for growth, HRN.AX's PEG of 1.59 indicates fair valuation.
Price to Book
The market values Horizon Gold Limited at 4.38 times its book value. This suggests the stock is fully valued or overvalued on an asset basis.
EV/EBITDA
Enterprise value stands at -116.48 times EBITDA. This is generally considered low.
How Well Does HRN.AX Make Money?
Net Profit Margin
For every $100 in sales, Horizon Gold Limited keeps $29.21 as profit after all expenses.
Operating Margin
Core operations generate 35.74 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $-2.84 in profit for every $100 of shareholder equity.
ROA
Horizon Gold Limited generates $-1.91 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
Horizon Gold Limited generates strong operating cash flow of $-997.29K, reflecting robust business health.
Free Cash Flow
Horizon Gold Limited generates strong free cash flow of $-4.56M, providing ample flexibility for dividends, buybacks, or growth.
FCF Per Share
Each share generates $-0.03 in free cash annually.
FCF Yield
HRN.AX converts -2.13% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
-176.72
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
1.59
vs 25 benchmark
P/B Ratio
Price to book value ratio
4.38
vs 25 benchmark
P/S Ratio
Price to sales ratio
-5390.66
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
0.00
vs 25 benchmark
Current Ratio
Current assets to current liabilities
4.06
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
-0.03
vs 25 benchmark
ROA
Return on assets percentage
-0.02
vs 25 benchmark
ROCE
Return on capital employed
-0.02
vs 25 benchmark
How HRN.AX Stacks Against Its Sector Peers
| Metric | HRN.AX Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | -176.72 | 23.95 | Better (Cheaper) |
| ROE | -2.84% | 903.00% | Weak |
| Net Margin | 2921.05% | -108951.00% (disorted) | Strong |
| Debt/Equity | 0.00 | 0.54 | Strong (Low Leverage) |
| Current Ratio | 4.06 | 6.83 | Strong Liquidity |
| ROA | -1.91% | -10157.00% (disorted) | Weak |
HRN.AX outperforms its industry in 4 out of 6 key metrics, particularly excelling in Net Margin, but lagging in ROE.
Historical Growth Performance
5-Year Growth Trajectory
This section reviews Horizon Gold Limited's 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.
Revenue CAGR
-100.00%
Industry Style: Cyclical, Commodity, Value
DecliningEPS CAGR
-113.29%
Industry Style: Cyclical, Commodity, Value
DecliningFCF CAGR
58.70%
Industry Style: Cyclical, Commodity, Value
High Growth