ZFX Q4-2007 Insights Report

OZ Minerals Holdings Pty Ltd (ZFX) Report Analysis

Filing Date

2008-02-25

Grade by Sector

73 / 100

Price

At Filling Date: AUD 10.15

AUD 8.2

At Filling Date: AUD 10.15

PE Ratio

At Filling Date: 9.9

8.0

At Filling Date: 9.9

EBITDA Margin %

61.2%

Country

Australia

Exchange

ASX

Market Cap

At Filling Date: AUD 4.9B

AUD 4.0B

At Filling Date: AUD 4.9B

Sector

Materials

Industry

Metals & Mining

Fundamental Summary

Looking at OZ Minerals Holdings Pty's financials of Q4 reflected unimpressive, mediocre results. It is highly likely that it will be mostly tethered to market performance and sector movements for the near term. We therefore gave OZ Minerals Holdings Pty a total score of 73 out of 100 and a HOLD recommendation.

Sector Overview

OZ Minerals Holdings Pty is included in the Metals & Mining according to GICS (global industry classification standard). The Metals & Mining industry is included in the Materials sector. It includes the producers of aluminum, iron, steel, gold, other diversified metals and minerals, and their related products, as well as the mining and production the above materials. OZ Minerals Holdings Pty's industry and sector affiliation are expected to negatively affect their likelihood to overperform the market in the upcoming period, as other sectors appear more likely to benefit from the macroeconomic environment we see now.

Fundamental Highlights

Parameter	Value	Change	Score
Assets	4,594.1	17.8%	62
Liabilities	785.1	-27.3%	81
Price to Book	1.6	-50.8%	87
Cash & Equivalents	2,228.0	878.9%	97
Equity	3,809.0	35.1%	51
EBITDA	1,002.4	-27.6%	88
Total Revenues	1,638.5	-15.1%	39

Parameter	Value	Change	Score
Return on Equity	19.2	-41.8%	45
Net Cashflow	1,393.8	645.1%	49
Capital Expenditure	-464.1	10.1%	84
Asset Turnover	0.4	-28.8%	39
Free Cashflow	1.3	-41.0%	86

* All values are TTM

Balance
Sheet Income
Statement Cash
Flow General
& Ratios

The below chart reflects OZ Minerals Holdings Pty's birds-eye view on its performance with respect to its peers, the company's fillings as reported or to a similar industry, market cap, and country of origin. While OZ Minerals Holdings Pty's peer average final assessment score stands on 77.0, OZ Minerals Holdings Pty's score is 73.

ZFX
Peers average

Name	Market Cap	Balance Sheet	Income Statement	Cash Flow	Rating	Final Assessment	mc_sort	Hidden
BHP Group Limited	208.5B	58	71	75	Hold 69	69	0	1
Fortescue Metals Group Limited	55.0B	65	67	75	Hold 68	68	1	1
Newcrest Mining Limited	19.4B	52	66	57	Underperform 56	56	2	1
South32 Limited	18.7B	84	72	78	Buy 82	82	3	1
Mineral Resources Limited	9.2B	55	63	61	Underperform 56	56	4	1
Lynas Rare Earths Limited	8.3B	70	69	70	Hold 71	71	5	1
Northern Star Resources Limited	8.2B	56	56	73	Underperform 55	55	6	1
IGO Limited	7.8B	50	78	72	Hold 71	71	7	1
BlueScope Steel Limited	7.3B	85	72	52	Hold 72	72	8	1
Pilbara Minerals Limited	6.9B	86	69	86	Buy 83	83	9	1
Allkem Limited	6.9B	57	61	82	Hold 65	65	10	1
OZ Minerals Limited	6.2B	74	66	78	Hold 74	74	11	1
Evolution Mining Limited	4.8B	82	64	50	Hold 64	64	12	1
Alumina Limited	4.4B	50	79	72	Hold 70	70	13	1
Iluka Resources Limited	3.9B	77	60	74	Hold 68	68	14	1
Andean Resources Ltd.	3.7B	86	97	41	Buy 84	84	15	1
Coronado Global Resources Inc.	2.9B	83	74	81	Strong Buy 87	87	16	1
Nickel Industries Limited	2.8B	54	60	70	Underperform 56	56	17	1
AVZ Minerals Limited	2.8B	95	68	58	Hold 75	75	18	1
Sims Limited	2.7B	68	69	82	Hold 74	74	19	1
Zimplats Holdings Limited	2.6B	77	68	64	Hold 71	71	20	1
Liontown Resources Limited	2.4B	81	84	62	Buy 84	84	21	1
Perseus Mining Limited	2.3B	81	65	83	Hold 77	77	22	1
Deterra Royalties Limited	2.3B	77	61	75	Hold 69	69	23	1
Sandfire Resources Limited	1.9B	82	69	76	Buy 79	79	24	1
Core Lithium Ltd	1.8B	83	70	69	Hold 76	76	25	1
Chalice Mining Limited	1.5B	54	81	55	Hold 67	67	26	1
Grange Resources Limited	1.5B	65	64	73	Hold 66	66	27	1
Capricorn Metals Ltd	1.3B	86	69	82	Buy 82	82	28	1
West African Resources Limited	1.3B	87	59	66	Hold 68	68	29	1
Silver Lake Resources Limited	1.2B	66	63	58	Hold 62	62	30	1
De Grey Mining Limited	1.2B	66	47	73	Underperform 53	53	31	1
Gold Road Resources Limited	1.2B	64	67	56	Hold 63	63	32	1
Lake Resources NL	1.2B	66	73	68	Hold 71	71	33	1
Sayona Mining Limited	1.2B	66	73	68	Hold 71	71	34	1
Regis Resources Limited	1.1B	53	53	69	Underperform 50	50	35	1
Piedmont Lithium Inc.	1.1B	88	77	60	Buy 84	84	36	1
5E Advanced Materials Inc.	927.2M	47	58	61	Underperform 51	51	37	1
ioneer Ltd	867.9M	85	69	51	Hold 70	70	38	1
Syrah Resources Limited	856.9M	49	50	69	Underperform 46	46	39	1
Equigold NL	854.0M	50	65	87	Hold 67	67	40	1
Ramelius Resources Limited	828.4M	56	68	62	Hold 60	60	41	1
Vulcan Energy Resources Limited	826.7M	67	78	71	Hold 77	77	42	1
Jervois Global Limited	813.1M	78	71	54	Hold 72	72	43	1
Mincor Resources NL	808.9M	62	77	57	Hold 67	67	44	1
Imdex Limited	796.9M	71	56	74	Hold 70	70	45	1
Bellevue Gold Limited	722.0M	84	69	54	Hold 70	70	46	1
St Barbara Limited	701.5M	53	70	56	Underperform 59	59	47	1
Emerald Resources NL	679.4M	60	68	84	Hold 70	70	48	1
Red 5 Limited	671.6M	47	75	59	Hold 61	61	49	1
Boart Longyear Group Ltd.	651.0M	60	74	68	Hold 69	69	50	1
Mount Gibson Iron Limited	629.5M	48	78	64	Hold 66	66	51	1
Westgold Resources Limited	575.3M	54	65	63	Underperform 58	58	52	1
OM Holdings Limited	563.6M	84	75	82	Buy 85	85	53	1
Australian Strategic Materials Ltd	540.9M	51	74	72	Hold 67	67	54	1
Neometals Ltd	531.9M	60	72	60	Hold 65	65	55	1
Adriatic Metals PLC	528.8M	66	73	68	Hold 71	71	56	1
Argosy Minerals Limited	467.8M	66	73	68	Hold 71	71	57	1
Perenti Global Limited	461.4M	60	78	67	Hold 72	72	58	1
Champion Iron Limited	441.1M	58	71	55	Hold 64	64	59	1
Panoramic Resources Limited	420.4M	58	71	67	Hold 66	66	60	1
Hastings Technology Metals Limited	404.8M	65	68	67	Hold 68	68	61	1
Alkane Resources Limited	402.0M	78	70	68	Hold 73	73	62	1
Centaurus Metals Limited	397.2M	66	73	68	Hold 71	71	63	1
Bowen Coking Coal Limited	385.5M	66	73	68	Hold 71	71	64	1
Jupiter Mines Limited PR Highlights from Company’s recent Press Release	372.2M	66	81	50	Hold 64	64	65	1
Galan Lithium Limited	362.2M	66	73	68	Hold 71	71	66	1
Talga Group Ltd	359.9M	53	60	62	Underperform 53	53	67	1
BCI Minerals Limited	349.8M	71	68	60	Hold 66	66	68	1
Metals X Limited	344.8M	68	87	68	Buy 82	82	69	1
Pantoro Limited	330.8M	66	73	68	Hold 71	71	70	1
Aurelia Metals Limited	327.8M	65	58	60	Underperform 56	56	71	1
Macmahon Holdings Limited	283.7M	68	65	62	Hold 66	66	72	1
Lotus Resources Limited	277.3M	66	73	68	Hold 71	71	73	1
Firefinch Limited	236.2M	66	73	68	Hold 71	71	74	1
Andromeda Metals Limited	229.8M	66	73	68	Hold 71	71	75	1

Technical Analysis

When trying to optimize the timing of an investment, it's critical to analyze whether the stock looks overbought or oversold, and in which direction the momentum is moving. OZ Minerals Holdings Pty's stock is now priced below its 5-day, 50-day, and 200-day moving average, while its MACD (moving average convergence divergence) indicates that the stock's price movement momentum is weakening. Historically, this is a negative setup in the near, medium, and long-term. The company is trading near it's 12-month low, which signals it struggle to keep above it support price. Meanwhile, looking at the Stochastic Oscillator and RSI (relative strength index), OZ Minerals Holdings Pty's stock indicates that it's likely oversold. Overall, these technical indicators signal negative momentum. Therefore, this stock received a cumulative TA (technical analysis) score of 42.

Bearish 42

Close Price 8.2

52W Low 8.2

52W High 21.32

5D MA 8.59

50D MA 9.83

200D MA 12.46

MACD -0.43

RSI 22.04

STOCH 0.0

Balance Sheet Analysis

Two metrics jump up as the most significant positive drivers of the balance sheet strength in OZ Minerals Holdings Pty's recent report: Cash & Equivalents and Book Value Factors. OZ Minerals Holdings Pty's management was effective in improving its cash and cash equivalents metrics, which now sit at 2228.0. This represents 878.9% change from the last reporting period. Its impressive cash and cash equivalents metrics should support upward pressure on its's stock price. Therefore, its cash and cash equivalents movement earned a score of 97. Also, OZ Minerals Holdings Pty publishes impressive results related to book value factors in this report. Specifically, price to book ratio (P/B) now sits at 1.6 and represents a -50.8% change from the previous report. Their industry-leading book value factors momentum reinforces an expectation for future positive momentum for their stock price going forward. The company's book value factors component, therefore, received a grade of 87. On the other hand, Equity, jumped out as looking rather underwhelming. OZ Minerals Holdings Pty management produced disappointing equity metrics this period, which stood at 3809.0, representing a 35.1% change. This parameter often affects companies in the same industry and market capitalization by up to 13.7%. This performance is significantly less impressive than its peers and competitors. Consequently, their equity movement received a grade of 51. Their balance sheet, therefore, earned a score of 84.

  
  
      Parameter
      Value
      Change
      Score
    

  
      Assets
      4,594.1
      17.8%
      62
    

      Liabilities
      785.1
      -27.3%
      81
    

      Price to Book
      1.6
      -50.8%
      87
    

      Cash & Equivalents
      2,228.0
      878.9%
      97
    

      Equity
      3,809.0
      35.1%
      51
    


  * All values are TTM

Parameter	Value	Change	Score
Assets	4,594.1	17.8%	62
Liabilities	785.1	-27.3%	81
Price to Book	1.6	-50.8%	87
Cash & Equivalents	2,228.0	878.9%	97
Equity	3,809.0	35.1%	51

The below chart describes OZ Minerals Holdings Pty's performance as reflected on its balance sheet with respect to its peers. While OZ Minerals Holdings Pty received a balance sheet score of 84, the average of its peers stands on 75.0.

ZFX
Peers average

Name	Market Cap	Liabilities Movement	Asset Change	Equity/Intangibles Adjustments	Cash & Equivalents	Book Value Momentum	Balance Sheet	mc_sort	Hidden
BHP Group Limited	208.5B	74	92	47	52	76	58	0	1
Fortescue Metals Group Limited	55.0B	83	66	68	55	69	65	1	1
Newcrest Mining Limited	19.4B	85	72	46	46	73	52	2	1
South32 Limited	18.7B	74	73	80	79	74	84	3	1
Mineral Resources Limited	9.2B	83	73	52	42	90	55	4	1
Lynas Rare Earths Limited	8.3B	74	59	77	62	68	70	5	1
Northern Star Resources Limited	8.2B	87	70	56	48	65	56	6	1
IGO Limited	7.8B	43	37	80	42	63	50	7	1
BlueScope Steel Limited	7.3B	64	75	87	90	68	85	8	1
Pilbara Minerals Limited	6.9B	87	59	81	87	56	86	9	1
Allkem Limited	6.9B	53	64	44	65	89	57	10	1
OZ Minerals Limited	6.2B	87	72	72	69	72	74	11	1
Evolution Mining Limited	4.8B	47	57	76	96	54	82	12	1
Alumina Limited	4.4B	51	69	50	46	84	50	13	1
Iluka Resources Limited	3.9B	76	66	87	69	53	77	14	1
Andean Resources Ltd.	3.7B	70	37	60	97	92	86	15	1
Coronado Global Resources Inc.	2.9B	44	56	87	85	71	83	16	1
Nickel Industries Limited	2.8B	41	44	72	50	70	54	17	1
AVZ Minerals Limited	2.8B	99	56	82	98	66	95	18	1
Sims Limited	2.7B	85	72	83	49	57	68	19	1
Zimplats Holdings Limited	2.6B	80	69	68	76	73	77	20	1
Liontown Resources Limited	2.4B	43	55	82	97	37	81	21	1
Perseus Mining Limited	2.3B	81	70	73	82	66	81	22	1
Deterra Royalties Limited	2.3B	99	79	61	75	68	77	23	1
Sandfire Resources Limited	1.9B	41	64	87	87	73	82	24	1
Core Lithium Ltd	1.8B	37	55	82	94	66	83	25	1
Chalice Mining Limited	1.5B	98	78	39	46	89	54	26	1
Grange Resources Limited	1.5B	54	70	51	71	92	65	27	1
Capricorn Metals Ltd	1.3B	69	59	81	91	65	86	28	1
West African Resources Limited	1.3B	92	56	81	92	42	87	29	1
Silver Lake Resources Limited	1.2B	69	62	62	71	57	66	30	1
De Grey Mining Limited	1.2B	44	49	79	69	48	66	31	1
Gold Road Resources Limited	1.2B	83	72	56	65	60	64	32	1
Lake Resources NL	1.2B	78	74	55	64	78	66	33	1
Sayona Mining Limited	1.2B	78	74	55	64	78	66	34	1
Regis Resources Limited	1.1B	77	74	51	48	63	53	35	1
Piedmont Lithium Inc.	1.1B	97	54	82	97	39	88	36	1
5E Advanced Materials Inc.	927.2M	44	83	54	45	37	47	37	1
ioneer Ltd	867.9M	98	56	80	86	52	85	38	1
Syrah Resources Limited	856.9M	63	75	38	46	94	49	39	1
Equigold NL	854.0M	57	46	86	50	45	50	40	1
Ramelius Resources Limited	828.4M	67	41	78	48	49	56	41	1
Vulcan Energy Resources Limited	826.7M	39	53	80	74	41	67	42	1
Jervois Global Limited	813.1M	71	71	44	94	95	78	43	1
Mincor Resources NL	808.9M	83	78	43	62	56	62	44	1
Imdex Limited	796.9M	59	69	83	61	75	71	45	1
Bellevue Gold Limited	722.0M	96	56	81	87	42	84	46	1
St Barbara Limited	701.5M	80	69	51	49	61	53	47	1
Emerald Resources NL	679.4M	51	58	80	51	57	60	48	1
Red 5 Limited	671.6M	49	45	39	55	96	47	49	1
Boart Longyear Group Ltd.	651.0M	85	79	39	60	87	60	50	1
Mount Gibson Iron Limited	629.5M	94	76	39	41	74	48	51	1
Westgold Resources Limited	575.3M	77	65	55	47	73	54	52	1
OM Holdings Limited	563.6M	84	69	84	81	50	84	53	1
Australian Strategic Materials Ltd	540.9M	44	69	55	46	84	51	54	1
Neometals Ltd	531.9M	97	77	46	50	97	60	55	1
Adriatic Metals PLC	528.8M	78	74	55	64	78	66	56	1
Argosy Minerals Limited	467.8M	78	74	55	64	78	66	57	1
Perenti Global Limited	461.4M	68	71	51	61	74	60	58	1
Champion Iron Limited	441.1M	66	49	73	47	67	58	59	1
Panoramic Resources Limited	420.4M	78	75	43	58	85	58	60	1
Hastings Technology Metals Limited	404.8M	75	72	56	67	67	65	61	1
Alkane Resources Limited	402.0M	45	56	83	88	40	78	62	1
Centaurus Metals Limited	397.2M	78	74	55	64	78	66	63	1
Bowen Coking Coal Limited	385.5M	78	74	55	64	78	66	64	1
Jupiter Mines Limited PR Highlights from Company’s recent Press Release	372.2M	63	93	46	52	80	66	65	1
Galan Lithium Limited	362.2M	78	74	55	64	78	66	66	1
Talga Group Ltd	359.9M	90	78	38	45	95	53	67	1
BCI Minerals Limited	349.8M	86	73	58	67	82	71	68	1
Metals X Limited	344.8M	90	77	50	67	80	68	69	1
Pantoro Limited	330.8M	78	74	55	64	78	66	70	1
Aurelia Metals Limited	327.8M	85	69	59	60	72	65	71	1
Macmahon Holdings Limited	283.7M	47	61	72	78	44	68	72	1
Lotus Resources Limited	277.3M	78	74	55	64	78	66	73	1
Firefinch Limited	236.2M	78	74	55	64	78	66	74	1
Andromeda Metals Limited	229.8M	78	74	55	64	78	66	75	1

Income Statement Analysis

EBITDA and Return Factors stand out as the most significant drivers of OZ Minerals Holdings Pty's income statement's strength. OZ Minerals Holdings Pty's management was effective in improving its EBIDTA, which now sits at 1002.4 and represents a -27.6% change from the last reporting period. Companies in the same industry and market capitalization are typically affected by this parameter by up to 6.9%. Its EBITDA metrics highlight an impressive overall financial performance, which is expected to continue moving forward. Consequently, their EBITDA movement received a grade of 88. Also, In this filing, OZ Minerals Holdings Pty reported a return on equity (ROE) ratio of 19.2, which represents a change of -41.8%. The company appears headed in the right direction in terms of these return factors, exhibiting prudent capital expenditure growth compared to its peers. The company's return factors (ROA & ROE) components, therefore, received a grade of 45. On the other hand, Revenue Efficiency, jumped out as looking rather underwhelming. OZ Minerals Holdings Pty's revenue efficiency metrics look especially concerning this period, highlighting issues management is having controlling and reducing expenses while increasing earnings. This metric might have a 10.5 percent impact on companies in the same industry and with the same market capitalization. Its uninspiring revenue efficiency is even more concerning relative to its peers and competitors in the current market. Consequently, their revenue efficiency received a grade of 39. Therefore, we scored its income statement a 61.

  
      Parameter
      Value
      Change
      Score
    
      EBITDA
      1,002.4
      -27.6%
      88
    
      Total Revenues
      1,638.5
      -15.1%
      39
    
      Return on Equity
      19.2
      -41.8%
      45
    
  * All values are TTM

Parameter	Value	Change	Score
EBITDA	1,002.4	-27.6%	88
Total Revenues	1,638.5	-15.1%	39
Return on Equity	19.2	-41.8%	45

The below chart describes OZ Minerals Holdings Pty's performance as reflected on its income statement with respect to its peers. While OZ Minerals Holdings Pty received a income statement score of 61 , the average of its peers stands on 76.0.

ZFX
Peers average

Name	Market Cap	Revenue Momentum	Earning Movement	Return Factors Momentum	Income Statement	mc_sort	Hidden
BHP Group Limited	208.5B	64	79	79	71	0	1
Fortescue Metals Group Limited	55.0B	58	78	75	67	1	1
Newcrest Mining Limited	19.4B	95	45	48	66	2	1
South32 Limited	18.7B	47	94	95	72	3	1
Mineral Resources Limited	9.2B	94	42	44	63	4	1
Lynas Rare Earths Limited	8.3B	50	91	83	69	5	1
Northern Star Resources Limited	8.2B	48	66	68	56	6	1
IGO Limited	7.8B	98	72	48	78	7	1
BlueScope Steel Limited	7.3B	86	71	66	72	8	1
Pilbara Minerals Limited	6.9B	38	96	96	69	9	1
Allkem Limited	6.9B	46	75	74	61	10	1
OZ Minerals Limited	6.2B	48	82	82	66	11	1
Evolution Mining Limited	4.8B	94	46	43	64	12	1
Alumina Limited	4.4B	87	73	76	79	13	1
Iluka Resources Limited	3.9B	50	62	89	60	14	1
Andean Resources Ltd.	3.7B	37	89	91	97	15	1
Coronado Global Resources Inc.	2.9B	39	98	97	74	16	1
Nickel Industries Limited	2.8B	66	61	55	60	17	1
AVZ Minerals Limited	2.8B	87	63	41	68	18	1
Sims Limited	2.7B	45	90	92	69	19	1
Zimplats Holdings Limited	2.6B	94	50	52	68	20	1
Liontown Resources Limited	2.4B	87	78	91	84	21	1
Perseus Mining Limited	2.3B	42	88	83	65	22	1
Deterra Royalties Limited	2.3B	45	83	66	61	23	1
Sandfire Resources Limited	1.9B	64	73	74	69	24	1
Core Lithium Ltd	1.8B	87	47	81	70	25	1
Chalice Mining Limited	1.5B	99	65	76	81	26	1
Grange Resources Limited	1.5B	74	61	61	64	27	1
Capricorn Metals Ltd	1.3B	37	98	97	69	28	1
West African Resources Limited	1.3B	43	84	63	59	29	1
Silver Lake Resources Limited	1.2B	95	42	41	63	30	1
De Grey Mining Limited	1.2B	44	45	76	47	31	1
Gold Road Resources Limited	1.2B	94	48	49	67	32	1
Lake Resources NL	1.2B	87	62	66	73	33	1
Sayona Mining Limited	1.2B	87	62	66	73	34	1
Regis Resources Limited	1.1B	65	50	45	53	35	1
Piedmont Lithium Inc.	1.1B	87	63	68	77	36	1
5E Advanced Materials Inc.	927.2M	74	37	56	58	37	1
ioneer Ltd	867.9M	87	55	60	69	38	1
Syrah Resources Limited	856.9M	38	67	62	50	39	1
Equigold NL	854.0M	79	44	91	65	40	1
Ramelius Resources Limited	828.4M	94	51	48	68	41	1
Vulcan Energy Resources Limited	826.7M	87	67	84	78	42	1
Jervois Global Limited	813.1M	37	94	93	71	43	1
Mincor Resources NL	808.9M	98	57	59	77	44	1
Imdex Limited	796.9M	77	60	56	56	45	1
Bellevue Gold Limited	722.0M	87	44	83	69	46	1
St Barbara Limited	701.5M	93	56	53	70	47	1
Emerald Resources NL	679.4M	37	96	94	68	48	1
Red 5 Limited	671.6M	95	58	66	75	49	1
Boart Longyear Group Ltd.	651.0M	93	58	67	74	50	1
Mount Gibson Iron Limited	629.5M	99	62	66	78	51	1
Westgold Resources Limited	575.3M	84	58	43	65	52	1
OM Holdings Limited	563.6M	50	96	97	75	53	1
Australian Strategic Materials Ltd	540.9M	91	62	66	74	54	1
Neometals Ltd	531.9M	87	66	56	72	55	1
Adriatic Metals PLC	528.8M	87	62	66	73	56	1
Argosy Minerals Limited	467.8M	87	62	66	73	57	1
Perenti Global Limited	461.4M	73	81	87	78	58	1
Champion Iron Limited	441.1M	95	50	45	71	59	1
Panoramic Resources Limited	420.4M	95	50	62	71	60	1
Hastings Technology Metals Limited	404.8M	90	51	53	68	61	1
Alkane Resources Limited	402.0M	68	74	74	70	62	1
Centaurus Metals Limited	397.2M	87	62	66	73	63	1
Bowen Coking Coal Limited	385.5M	87	62	66	73	64	1
Jupiter Mines Limited PR Highlights from Company’s recent Press Release	372.2M	96	46	50	81	65	1
Galan Lithium Limited	362.2M	87	62	66	73	66	1
Talga Group Ltd	359.9M	87	40	47	60	67	1
BCI Minerals Limited	349.8M	94	47	56	68	68	1
Metals X Limited	344.8M	94	84	79	87	69	1
Pantoro Limited	330.8M	87	62	66	73	70	1
Aurelia Metals Limited	327.8M	68	58	49	58	71	1
Macmahon Holdings Limited	283.7M	88	51	48	65	72	1
Lotus Resources Limited	277.3M	87	62	66	73	73	1
Firefinch Limited	236.2M	87	62	66	73	74	1
Andromeda Metals Limited	229.8M	87	62	66	73	75	1

Cash Flow Analysis

OZ Minerals Holdings Pty's recently published cash flow showed overall, underwhelming numbers. Both Asset Turnover and Net Cash Flow were particularly concerning. OZ Minerals Holdings Pty's asset turnover numbers were discouraging, reflecting significant concerns related to management's ability to leverage assets to generate sales effectively and efficiently. OZ Minerals Holdings Pty recorded asset turnover of 0.4, which represents a -28.8% change from the previous report. Companies in the same industry and market capitalization are typically affected by this parameter by up to 2.4%. The company's asset turnover metrics seem especially problematic relative to their peers. Correspondingly, their asset turnover movement received a grade of 39. Also, OZ Minerals Holdings Pty's net cash flow metrics were 1393.8 according to their current filing, which represents a 645.1% change from the previous report. As demonstrated by these concerning net cash flow metrics, their priorities seem to be headed in the wrong direction. Hence, their net cash flow earned a score of 49. However, one encouraging metric, Free Cash flow, stood out. OZ Minerals Holdings Pty did a great job related to free cash flow this period, which stood at 1.3, representing a -41.0% change from the previous filing. Companies in the same industry and market capitalization are typically affected by this parameter by up to 1.4%. The company's free cash flow metrics are especially strong compared to its peers. Management seems to balance cash flow management, asset growth, and resource allocations in general. The company's free cash flow movement, therefore, received a grade of 86. Its cash flow, therefore, earned a score of 50.

  
  
      Parameter
      Value
      Change
      Score
    

  
      Net Cashflow
      1,393.8
      645.1%
      49
    

      Capital Expenditure
      -464.1
      10.1%
      84
    

      Asset Turnover
      0.4
      -28.8%
      39
    

      Free Cashflow
      1.3
      -41.0%
      86
    


  * All values are TTM

Parameter	Value	Change	Score
Net Cashflow	1,393.8	645.1%	49
Capital Expenditure	-464.1	10.1%	84
Asset Turnover	0.4	-28.8%	39
Free Cashflow	1.3	-41.0%	86

The below chart describes OZ Minerals Holdings Pty's performance as reflected on its cash flow with respect to its peers. While OZ Minerals Holdings Pty received a cash flow score of 50, the average of its peers stands on 72.0.

ZFX
Peers average

Name	Market Cap	Cashflow Momentum	Free Cashflow Growth	Capital Expenditure Growth	Assets Factors Momentum	Cash Flow	mc_sort	Hidden
BHP Group Limited	208.5B	70	77	80	71	75	0	1
Fortescue Metals Group Limited	55.0B	74	78	69	74	75	1	1
Newcrest Mining Limited	19.4B	58	48	63	55	57	2	1
South32 Limited	18.7B	72	86	82	75	78	3	1
Mineral Resources Limited	9.2B	58	69	54	63	61	4	1
Lynas Rare Earths Limited	8.3B	78	63	76	58	70	5	1
Northern Star Resources Limited	8.2B	70	58	54	91	73	6	1
IGO Limited	7.8B	80	73	66	57	72	7	1
BlueScope Steel Limited	7.3B	48	47	56	70	52	8	1
Pilbara Minerals Limited	6.9B	87	97	76	78	86	9	1
Allkem Limited	6.9B	75	77	70	84	82	10	1
OZ Minerals Limited	6.2B	69	97	66	73	78	11	1
Evolution Mining Limited	4.8B	54	49	61	39	50	12	1
Alumina Limited	4.4B	68	74	76	70	72	13	1
Iluka Resources Limited	3.9B	75	84	52	74	74	14	1
Andean Resources Ltd.	3.7B	40	55	56	37	41	15	1
Coronado Global Resources Inc.	2.9B	77	86	53	93	81	16	1
Nickel Industries Limited	2.8B	75	63	76	61	70	17	1
AVZ Minerals Limited	2.8B	60	69	76	37	58	18	1
Sims Limited	2.7B	83	98	56	82	82	19	1
Zimplats Holdings Limited	2.6B	75	77	63	44	64	20	1
Liontown Resources Limited	2.4B	59	69	76	51	62	21	1
Perseus Mining Limited	2.3B	69	94	90	83	83	22	1
Deterra Royalties Limited	2.3B	77	88	96	51	75	23	1
Sandfire Resources Limited	1.9B	73	85	63	71	76	24	1
Core Lithium Ltd	1.8B	61	69	76	72	69	25	1
Chalice Mining Limited	1.5B	53	62	84	38	55	26	1
Grange Resources Limited	1.5B	75	79	76	62	73	27	1
Capricorn Metals Ltd	1.3B	81	83	81	79	82	28	1
West African Resources Limited	1.3B	73	84	42	58	66	29	1
Silver Lake Resources Limited	1.2B	63	53	64	47	58	30	1
De Grey Mining Limited	1.2B	80	69	76	61	73	31	1
Gold Road Resources Limited	1.2B	57	57	54	50	56	32	1
Lake Resources NL	1.2B	68	69	76	60	68	33	1
Sayona Mining Limited	1.2B	68	69	76	60	68	34	1
Regis Resources Limited	1.1B	65	76	68	69	69	35	1
Piedmont Lithium Inc.	1.1B	59	62	69	54	60	36	1
5E Advanced Materials Inc.	927.2M	55	48	71	71	61	37	1
ioneer Ltd	867.9M	47	57	54	51	51	38	1
Syrah Resources Limited	856.9M	59	58	43	98	69	39	1
Equigold NL	854.0M	91	69	72	84	87	40	1
Ramelius Resources Limited	828.4M	59	56	81	58	62	41	1
Vulcan Energy Resources Limited	826.7M	67	69	76	69	71	42	1
Jervois Global Limited	813.1M	43	51	38	82	54	43	1
Mincor Resources NL	808.9M	63	63	72	45	57	44	1
Imdex Limited	796.9M	71	72	79	73	74	45	1
Bellevue Gold Limited	722.0M	51	64	56	51	54	46	1
St Barbara Limited	701.5M	54	46	71	55	56	47	1
Emerald Resources NL	679.4M	84	81	80	81	84	48	1
Red 5 Limited	671.6M	68	49	48	59	59	49	1
Boart Longyear Group Ltd.	651.0M	62	74	81	63	68	50	1
Mount Gibson Iron Limited	629.5M	68	69	59	56	64	51	1
Westgold Resources Limited	575.3M	59	69	71	59	63	52	1
OM Holdings Limited	563.6M	75	90	90	75	82	53	1
Australian Strategic Materials Ltd	540.9M	72	69	76	69	72	54	1
Neometals Ltd	531.9M	62	54	71	52	60	55	1
Adriatic Metals PLC	528.8M	68	69	76	60	68	56	1
Argosy Minerals Limited	467.8M	68	69	76	60	68	57	1
Perenti Global Limited	461.4M	61	69	54	78	67	58	1
Champion Iron Limited	441.1M	56	69	51	49	55	59	1
Panoramic Resources Limited	420.4M	69	69	79	54	67	60	1
Hastings Technology Metals Limited	404.8M	65	68	74	57	67	61	1
Alkane Resources Limited	402.0M	69	58	68	71	68	62	1
Centaurus Metals Limited	397.2M	68	69	76	60	68	63	1
Bowen Coking Coal Limited	385.5M	68	69	76	60	68	64	1
Jupiter Mines Limited PR Highlights from Company’s recent Press Release	372.2M	51	51	84	44	50	65	1
Galan Lithium Limited	362.2M	68	69	76	60	68	66	1
Talga Group Ltd	359.9M	53	48	76	70	62	67	1
BCI Minerals Limited	349.8M	62	54	76	49	60	68	1
Metals X Limited	344.8M	70	81	72	55	68	69	1
Pantoro Limited	330.8M	68	69	76	60	68	70	1
Aurelia Metals Limited	327.8M	72	58	54	49	60	71	1
Macmahon Holdings Limited	283.7M	72	53	46	57	62	72	1
Lotus Resources Limited	277.3M	68	69	76	60	68	73	1
Firefinch Limited	236.2M	68	69	76	60	68	74	1
Andromeda Metals Limited	229.8M	68	69	76	60	68	75	1