Pros
- Blackstone Resources is investing heavily in next-gen, i.e. solid-state battery technology and 3D-printed mass production, thereby moving up the (battery) metal value chain
- Ownership of key materials (like manganese, cobalt, lithium and nickel) is a good start to battery initiatives at the R&D stage
- Monetisation (even if partial) of owned assets should somewhat limit the dependence on external borrowings
Cons
- Battery materials and manufacturing are challenging ventures facing a host of technological and financial hurdles
- Blackstone Resources is not cash generative and faces high execution risks across its businesses; the funding bet is on German R&D subsidies
| | |
|
12/19A
|
12/20A
|
12/21E
|
12/22E
|
12/23E
|
|
PER ajusté (x)
| | |
12,8
|
3,60
|
4,57
|
-1,68
|
1,79
|
|
Rendement net (%)
| | |
0,00
|
0,00
|
0,00
|
0,00
|
0,00
|
|
VE/EBITDA(R) (x)
| | |
-83,4
|
-38,9
|
-25,0
|
ns
|
1,68
|
|
BPA ajusté (CHF)
| | |
0,13
|
0,42
|
0,80
|
-0,45
|
0,42
|
|
Croissance des BPA (%)
| | |
n/a
|
225
|
93,6
|
n/a
|
n/a
|
|
Dividende net (CHF)
| | |
0,00
|
0,00
|
0,00
|
0,00
|
0,00
|
|
Chiffre d'affaires (MCHF)
| | |
0,00
|
0,01
|
|
|
|
|
Marge d'EBITDA/R (%)
| | |
ns
|
ns
|
ns
|
0,25
|
20,7
|
|
Résultat net pdg (MCHF)
| | |
|
|
|
-19,3
|
18,1
|
|
ROE (après impôts) (%)
| | |
26,7
|
55,5
|
62,9
|
-22,5
|
15,6
|
|
Taux d'endettement (%)
| | |
123
|
53,9
|
24,0
|
2,60
|
-11,1
|
|
|
|
Potentiel
1 472 %
Cours (CHF)
0,76
Capi (MCHF)
32,5
|
|
Perf. 1S:
|
-13,6 %
|
|
Perf. 1M:
|
-38,7 %
|
|
Perf. 3M:
|
-62,0 %
|
|
Perf Ytd:
|
-73,4 %
|
|
Perf. relative/stoxx600 10j:
|
-15,1 %
|
|
Perf. relative/stoxx600 20j:
|
-33,0 %
|
|
Fundamental Analysis
EN