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ETM.AX — ASX Diversified Mining

Energy Transition Minerals Ltd

A$0,06
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AUD
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Mcap
142,9M AUD
P/E
—
EV / Rev
—
Div yield
—
Op margin
-2 170,0 %
ROE
-35,9 %
Net margin
-2 010,2 %
Debt / equity
0,00
Beta
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52w range
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Volume
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Day range
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Prev close
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Open
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Next earnings
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Ex-dividend
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TR 1Y
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About

ETM.AX operates in the Diversified Mining industry, extracting and processing various minerals and metals for industrial and commercial applications.

Business. ETM.AX is a diversified mining company listed on the Australian Securities Exchange (ASX). The firm operates within the Basic Materials sector, specifically focusing on mineral resources and diversified mining activities. It generates revenue through the sale of mining products. Specific details regarding operating segments, headquarters location, and geographic presence are not available in the provided data.

Classification92 %
SectorBasic Materials
Business sectorMineral Resources
IndustryDiversified Mining
Generated · model-assisted
Sell-side consensus
—consensus pending
— buy— hold— sell
Avg 12m price target—
Upcoming events
— missing data
See all catalysts →

At a glance

Score
—
not yet scored
Valuation
—
valuation pending
Analysts
—
not yet wired
Ownership
—
not yet wired
Profitability→
-35,9 %
return on equity
Quality
—
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning ETM.

    • Sector rotation

    Sector1D1Mvs mkt
    Materials · THIS SECTOR+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to ETM.AX. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    ETM.AX is a diversified mining company listed on the Australian Securities Exchange (ASX). The firm operates within the Basic Materials sector, specifically focusing on mineral resources and diversified mining activities. It generates revenue through the sale of mining products. Specific details regarding operating segments, headquarters location, and geographic presence are not available in the provided data.

    Classification92 %
    SectorBasic Materials
    Business sectorMineral Resources
    IndustryDiversified Mining
    AI synthesis
    GENERATED

    ETM.AX has a market capitalization of AUD 142.88 million and a price-to-book ratio of 4.35, indicating a premium valuation relative to its book value. The company's liquidity position is strong, with a current ratio of 5.49 and cash and equivalents amounting to AUD 20 million. However, the company's operating cash flow is negative at AUD -6.25 million, and free cash flow is also negative at AUD -12.28 million.

    Profitability metrics show significant underperformance, with a return on equity of -35.91% and a return on assets of -30.23%. These figures are well below the industry norms for a Diversified Mining company, indicating operational inefficiencies or market challenges. The company's operating income is negative at AUD -12.74 million, and net income is also negative at AUD -11.80 million.

    The company's revenue is concentrated in a single segment, as disclosed in its financial snapshot, with no additional segment details provided. Geographically, the company's exposure is not specified in the available data, but the lack of diversification in revenue sources could pose a concentration risk.

    Looking at the growth trajectory, the company's recent financial performance shows a decline in profitability, with a net income of AUD -11.80 million. The company's capital expenditure of AUD -0.58 million suggests minimal investment in growth initiatives. The outlook for the next fiscal year is uncertain, with no clear direction provided in the available data.

    Risk factors include the company's negative operating and free cash flows, which could impact its ability to fund operations and invest in growth. The risk assessment indicates low liquidity and dilution risks, with no immediate filing-based flags detected. The company's debt-to-equity ratio is 0.0, indicating no long-term debt obligations.

    Recent events and filings do not show any significant changes in the company's financial or operational status. The company's financial performance and strategic direction remain under scrutiny, with no major announcements or developments reported in the available data.

    Key takeaways
    • ETM.AX is trading at a premium to book value, with a price-to-book ratio of 4.35.
    • The company's profitability metrics are significantly negative, with a return on equity of -35.91%.
    • ETM.AX has a strong liquidity position, with a current ratio of 5.49 and AUD 20 million in cash and equivalents.
    • The company's capital expenditure is minimal, suggesting limited investment in growth initiatives.
    • The company's risk assessment indicates low liquidity and dilution risks, with no immediate filing-based flags detected.
    • **margin_outlook_rationale**: The company's negative operating and net income suggest declining margins, driven by operational inefficiencies or market challenges.
    • **rd_outlook_rationale**: No specific R&D outlook is provided, but the company's minimal capital expenditure suggests limited investment in innovation.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    A$0,06
    Market cap
    A$142.9M
    Enterprise valueⓘ
    A$122.9M
    P/Eⓘ
    —
    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
    —
    EV / Op incomeⓘ
    —
    EV / OCFⓘ
    —
    P / Bⓘ
    4.3x
    P / Tangible bookⓘ
    4.3x
    Tangible book
    A$32.9M
    Net cashⓘ
    A$20.0M
    Current ratioⓘ
    5.5
    Debt / equityⓘ
    0.0
    ROAⓘ
    -30.2%
    ROEⓘ
    -35.9%
    Cash conversionⓘ
    53.0%
    CapEx / revenueⓘ
    -98.3%
    SBC / revenueⓘ
    —
    Dilution ratioⓘ
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskLow
    Filing-based flags
    • No immediate filing-based liquidity or dilution flags were detected.

    Benchmarks vs cohort

    Op Margin-2 170,0 %Below median
    Net Margin-2 010,2 %Below median
    ROE-35,9 %Below median
    Capex / Rev-98,3 %Above median
    D/E0,00Above median
    Cash Conv0,53Below median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Return On Equity
      net_income / total_equity
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    • Market Cap
      market_price * shares_outstanding_diluted
    • Ev To Revenue
      enterprise_value / revenue
    Source documents
    • ETM.AX Market data — financials · 2026-05-27
    • Energy Transition Minerals Ltd Market data — analyst estimates · 2026-05-27

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    ETM.AXCanonical
    ASX · AUD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskLow
    No immediate filing-based liquidity or dilution flags were detected.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage