One-glance verdict
Not enough data
Fair value unavailable
Not enough cash-flow history to value this one with our method.
Fundamentals snapshot
Anfield Energy Inc.
AEC · NCM · Energy · Uranium
Current price
$3.59
52-week range
$3.53 - $12.49
Market cap
$71.62M
Balance sheet
Distressed
-9.65x Concerning
Net debt $8.81M. Interest coverage shows how many times profit covers the interest bill.
What stands out
0 Rewards
1 Risk
0 rewards · 1 risks
View details ↓What this company does
Anfield Energy Inc.
Anfield Energy is a mining exploration company that searches for uranium and vanadium in the United States. The company's goal is to make money by finding enough of these metals, which are used to fuel nuclear power plants and build large-scale batteries, and then selling them for more than it costs to mine them. Because it is focused on searching for minerals rather than actively selling them, its success depends on the potential value of the land it is exploring.
How the company got here
Anfield Energy was founded in 1989 and for many years explored for various minerals. In 2017, the company changed its name from Anfield Resources to Anfield Energy to signal a sharp focus on materials for nuclear energy. A key turning point was adopting a 'hub-and-spoke' strategy, which involves buying up mining projects and pairing them with a central processing facility. To build its portfolio, the company has been acquiring uranium and vanadium mining properties across the United States, positioning itself to supply the U.S. market.
What it actually does
Anfield is in the business of finding, developing, and eventually mining uranium and vanadium from the ground in the United States. Think of them as a specialty mining company getting ready to produce key ingredients for the clean energy industry. Uranium is the fuel for nuclear power plants, which generate electricity without creating carbon emissions. Vanadium is a metal that makes steel stronger and is also used in large batteries for storing energy.
Uranium and Vanadium Mining Projects (The "Spokes")
This is the first major part of Anfield's business, though it is not yet generating significant revenue. The company owns a collection of mining projects in states like Utah and Colorado, with names like Velvet-Wood and Slick Rock. Anfield's main activity right now is getting these mines ready for production, which involves permitting, development, and restarting operations at sites that have previously produced these minerals. The goal is to dig up ore (rock containing valuable minerals) that holds both uranium and vanadium.
Shootaring Canyon Mill (The "Hub")
This is the company's most critical asset and the heart of its strategy. The Shootaring Canyon Mill is a factory designed to process the ore from the mines and extract the valuable uranium and vanadium. What makes it special is that it's one of only three licensed and built uranium mills of its kind in the entire United States. Instead of building a costly, separate processing plant for each mine, Anfield plans to truck the ore from all its different mining projects (the "spokes") to this one central location (the "hub") for processing.
What management is betting on now
Management is betting on a 'nuclear renaissance,' where countries turn back to nuclear power for reliable, carbon-free electricity, increasing the demand for uranium. Their entire strategy, called 'hub-and-spoke,' is a bet that having a central processing mill is the most efficient and cost-effective way to become a producer. They are focused on getting their first mines, like Velvet-Wood, into production and refurbishing the Shootaring Canyon Mill to be ready to process the ore. The company is also counting on the U.S. government's desire for a secure domestic supply chain (a reliable source of essential goods produced within the country) for critical minerals like uranium.
Price history
How the share price has moved
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Is it cheap or expensive?
Fair value — vs current price $3.59
We couldn't calculate a fair value right now.
Is it drowning in debt?
Distressed
Net debt $8.8M. Interest coverage -9.7x.
Net debt
$8.81M
Interest coverage
-9.65x
Anfield Energy Inc.'s profit covers its interest bill about 0.0 times over. which is weaker than most peers shown here and 3 peers sit below 1x, which is the danger zone where profit does not fully cover the interest bill.
Distressed
Worse cushion
Baseline
Better cushion
AEC
BASELINE
Anfield Energy Inc.
Total debt $10.11M Interest coverage -9.65x This is the baseline the peer rows are being compared against.
Total debt $0.00 Interest coverage -68.60x Neither company has much profit cushion over interest right now.
Total debt $12.43M Interest coverage -20,482.00x Neither company has much profit cushion over interest right now.
Total debt $1.16M Interest coverage -4.60x Neither company has much profit cushion over interest right now.
What you should know
The case for and against AEC
0 Rewards
1 Risk
Rewards
Risks
-
Return on equity was -56.6% last year — the company lost money on shareholders' equity.
The numbers
All the key metrics, grouped by purpose
Tap any ? icon to learn what it means.
Valuation
How expensive the stock looks
P/E (TTM)
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Forward P/E
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P/B
1.84x
P/S
96.16x
EV/EBITDA
-3.45x
PEG ratio
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Profitability
How much profit each dollar creates
Gross margin
75.5%
Operating margin
-984.0%
Net margin
0.0%
ROE
-56.6%
ROA
-17.5%
Health
Liquidity and balance-sheet strength
Debt / equity
0.29x
Current ratio
0.93x
Quick ratio
0.53x
Total debt
$10.11M
Total cash
$1.30M
Growth
How the business has been compounding
Revenue TTM
$532.24K
Revenue 5Y CAGR
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EPS TTM
-1.21
EPS 5Y CAGR
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Cash flow
How much cash the business throws off
Operating CF TTM
$-10.27M
Free CF TTM
$-11.10M
FCF margin
-2,086.1%
Dividend
Shareholder payout
Yield
—
Payout ratio
0.0%
Last ex-div date
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