West African Resources Limited Logo

West African Resources Limited

WFRSF

(2.5)
Stock Price

1,05 USD

18.71% ROA

17.78% ROE

3.71x PER

Market Cap.

977.626.253,76 USD

3.17% DER

0% Yield

22.29% NPM

West African Resources Limited Stock Analysis

West African Resources Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

West African Resources Limited Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (26.84%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

This stock has a great ability to make a lot of money from the things it owns, which makes it a really good investment for smart investors.

3 DER

The stock has a minimal amount of debt (3%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

4 Assets Growth

This company's revenue has experienced steady growth over the last five years, indicating a reliable and prosperous financial trajectory.

5 PBV

The stock's PBV ratio (1.14x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

6 Graham Number

The company's Graham number suggests that its stock price is underestimated, implying that it may present a compelling investment opportunity.

7 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

8 Net Profit Growth

Throughout the last five years, this company's net profit has remained unchanged, indicating a lack of growth and making it a less favorable investment option.

9 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

10 Dividend

The company's decision to withhold dividends for three years raises questions about its ability to generate consistent returns.

11 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is overpriced (-13), presenting a possible disadvantage for investors as its market price surpasses its estimated intrinsic value.

West African Resources Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

West African Resources Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Buy
4 Stoch RSI Sell

West African Resources Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

West African Resources Limited Revenue
Year Revenue Growth
2010 0
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 310.315.000 100%
2021 711.536.000 56.39%
2022 606.134.000 -17.39%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

West African Resources Limited Research and Development Expenses
Year Research and Development Expenses Growth
2010 0
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

West African Resources Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2010 111.836
2011 716.078 84.38%
2012 770.468 7.06%
2013 962.232 19.93%
2014 669.221 -43.78%
2015 2.637.691 74.63%
2016 570.979 -361.96%
2017 840.794 32.09%
2018 0 0%
2019 2.989.000 100%
2020 2.343.000 -27.57%
2021 2.492.000 5.98%
2022 2.456.000 -1.47%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

West African Resources Limited EBITDA
Year EBITDA Growth
2010 -1.740.007
2011 -3.671.496 52.61%
2012 -5.352.073 31.4%
2013 -7.121.510 24.85%
2014 -14.076.251 49.41%
2015 -7.407.590 -90.02%
2016 -7.378.831 -0.39%
2017 -14.278.071 48.32%
2018 0 0%
2019 -6.758.000 100%
2020 191.568.000 103.53%
2021 437.571.000 56.22%
2022 319.023.000 -37.16%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

West African Resources Limited Gross Profit
Year Gross Profit Growth
2010 0
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 189.152.000 100%
2021 461.972.000 59.06%
2022 340.454.000 -35.69%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

West African Resources Limited Net Profit
Year Net Profit Growth
2010 -1.788.758
2011 -3.947.566 54.69%
2012 -5.443.065 27.48%
2013 -7.240.580 24.83%
2014 -14.036.613 48.42%
2015 -7.691.331 -82.5%
2016 -7.805.445 1.46%
2017 -14.323.895 45.51%
2018 0 0%
2019 -4.275.000 100%
2020 89.362.000 104.78%
2021 188.964.000 52.71%
2022 164.443.000 -14.91%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

West African Resources Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2010 0
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

West African Resources Limited Free Cashflow
Year Free Cashflow Growth
2010 -1.400.340
2011 -3.572.630 60.8%
2012 -261.865 -1264.3%
2013 -559.404 53.19%
2014 -163.880 -241.35%
2015 -28.132 -482.54%
2016 -21.409 -31.4%
2017 -121.411 82.37%
2018 -23.362.520 99.48%
2019 -206.668.000 88.7%
2020 38.465.000 637.29%
2021 294.403.000 86.93%
2022 69.217.000 -325.33%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

West African Resources Limited Operating Cashflow
Year Operating Cashflow Growth
2010 0
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 -23.046.290 100%
2019 -6.587.000 -249.88%
2020 147.921.000 104.45%
2021 349.660.000 57.7%
2022 184.098.000 -89.93%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

West African Resources Limited Capital Expenditure
Year Capital Expenditure Growth
2010 1.400.340
2011 3.572.630 60.8%
2012 261.865 -1264.3%
2013 559.404 53.19%
2014 163.880 -241.35%
2015 28.132 -482.54%
2016 21.409 -31.4%
2017 121.411 82.37%
2018 316.230 61.61%
2019 200.081.000 99.84%
2020 109.456.000 -82.8%
2021 55.257.000 -98.09%
2022 114.881.000 51.9%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

West African Resources Limited Equity
Year Equity Growth
2010 5.667.279
2011 8.778.734 35.44%
2012 3.742.737 -134.55%
2013 3.366.769 -11.17%
2014 2.485.495 -35.46%
2015 -3.351.885 174.15%
2016 3.189.902 205.08%
2017 9.081.122 64.87%
2018 39.292.409 76.89%
2019 74.231.000 47.07%
2020 172.265.000 56.91%
2021 554.406.000 68.93%
2022 740.567.000 25.14%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

West African Resources Limited Assets
Year Assets Growth
2010 6.289.076
2011 9.083.300 30.76%
2012 4.549.968 -99.63%
2013 4.004.194 -13.63%
2014 3.090.192 -29.58%
2015 3.810.071 18.89%
2016 11.656.632 67.31%
2017 11.051.621 -5.47%
2018 0 0%
2019 335.959.000 100%
2020 530.713.000 36.7%
2021 804.247.000 34.01%
2022 878.705.000 8.47%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

West African Resources Limited Liabilities
Year Liabilities Growth
2010 621.797
2011 304.566 -104.16%
2012 807.231 62.27%
2013 637.425 -26.64%
2014 604.697 -5.41%
2015 7.161.956 91.56%
2016 8.466.730 15.41%
2017 1.970.499 -329.67%
2018 3.969.037 50.35%
2019 261.728.000 98.48%
2020 358.448.000 26.98%
2021 249.841.000 -43.47%
2022 138.138.000 -80.86%

West African Resources Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
0.59
Net Income per Share
0.16
Price to Earning Ratio
3.71x
Price To Sales Ratio
1.61x
POCF Ratio
3.31
PFCF Ratio
14.12
Price to Book Ratio
0.87
EV to Sales
1.36
EV Over EBITDA
2.59
EV to Operating CashFlow
4.49
EV to FreeCashFlow
11.94
Earnings Yield
0.27
FreeCashFlow Yield
0.07
Market Cap
0,98 Bil.
Enterprise Value
0,83 Bil.
Graham Number
1.58
Graham NetNet
0.1

Income Statement Metrics

Net Income per Share
0.16
Income Quality
0
ROE
0.27
Return On Assets
0.12
Return On Capital Employed
0.21
Net Income per EBT
0.61
EBT Per Ebit
1.03
Ebit per Revenue
0.36
Effective Tax Rate
0.32

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.4
Operating Profit Margin
0.36
Pretax Profit Margin
0.37
Net Profit Margin
0.22

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
0.18
Free CashFlow per Share
0.07
Capex to Operating CashFlow
-0.62
Capex to Revenue
-0.19
Capex to Depreciation
0
Return on Invested Capital
0.25
Return on Tangible Assets
0.19
Days Sales Outstanding
24.39
Days Payables Outstanding
32.77
Days of Inventory on Hand
93.46
Receivables Turnover
14.96
Payables Turnover
11.14
Inventory Turnover
3.91
Capex per Share
-0.11

Balance Sheet

Cash per Share
0,17
Book Value per Share
0,69
Tangible Book Value per Share
0.73
Shareholders Equity per Share
0.69
Interest Debt per Share
0.02
Debt to Equity
0.03
Debt to Assets
0.03
Net Debt to EBITDA
-0.47
Current Ratio
3.37
Tangible Asset Value
0,74 Bil.
Net Current Asset Value
0,16 Bil.
Invested Capital
0.03
Working Capital
0,21 Bil.
Intangibles to Total Assets
0
Average Receivables
0,04 Bil.
Average Payables
0,02 Bil.
Average Inventory
63504000
Debt to Market Cap
0.02

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

West African Resources Limited Dividends
Year Dividends Growth

West African Resources Limited Profile

About West African Resources Limited

West African Resources Limited engages in the acquisition, exploration, and development of gold projects in West Africa. The company has 90% interests in the Sanbrado Gold Project covering an area of 116 square kilometers located in Burkina Faso; and Kiaka gold project located in Burkina Faso. It also holds 100% exploration license in the Toega Gold Project located in Burkina Faso. West African Resources Limited was incorporated in 2006 and is based in Subiaco, Australia.

CEO
Mr. Richard Hyde B.Sc., MAIG,
Employee
729
Address
1 Alvan Street
Subiaco, 6008

West African Resources Limited Executives & BODs

West African Resources Limited Executives & BODs
# Name Age
1 Nathan Ryan
IR Contact
70
2 Mr. Stuart Cruickshanks
General Manager of Technical Services
70
3 Mr. Lyndon Hopkins
Chief Operating Officer & Executive Director
70
4 Mr. Richard Hyde B.Sc., MAIG, MAusIMM
Founder, Executive Chairman & Chief Executive Officer
70

West African Resources Limited Competitors