Last Updated: 19 Sep 2024
Executive Summary
Scully Royalty Ltd. (SRL) is an iron ore mining company with operations in America, Africa, Canada, Asia, and Europe. The company's latest stock price is $7.51. SRL has a market capitalization of $111.315 million, an EBITDA of $10.245 million, and a trailing PE ratio of 107.29. The company's financial performance has been mixed in recent quarters, with quarterly earnings growth of -0.769% and quarterly revenue growth of 0.03%.
Company Overview
Scully Royalty Ltd. is headquartered in Central, Hong Kong. The company was founded in 1983 and has been publicly traded on the NYSE since 1995. SRL is a leading producer of iron ore, which is used in the production of steel. The company's operations are located in some of the world's most iron-rich regions, including Brazil, Australia, and Canada.
Fundamental Analysis
SRL's financial performance has been mixed in recent quarters. The company's revenue has been relatively stable, but its earnings have declined. In the most recent quarter, SRL reported revenue of $54.944 million and earnings per share of $0.07. This compares to revenue of $54.891 million and earnings per share of $0.08 in the same quarter last year.
SRL's profitability metrics have also declined in recent quarters. The company's gross profit margin has fallen from 0.032 in the first quarter of 2023 to 0.025 in the most recent quarter. The company's operating margin has also declined from 0.101 to 0.077 over the same period.
SRL's financial leverage is relatively low. The company's debt-to-equity ratio is 0.25, which is below the industry average. The company's interest coverage ratio is 5.0x, which is also above the industry average.
Technical Analysis
SRL's stock price has been trending down in recent months. The stock price is currently trading below its 50-day and 200-day moving averages. The stock's relative strength index (RSI) is 35.96, which is below the neutral level of 50. This indicates that the stock is oversold and may be due for a rebound.
Short Term Outlook
SRL's short-term outlook is uncertain. The company's financial performance has been mixed in recent quarters, and the stock price has been trending down. However, the stock's RSI is below the neutral level of 50, which indicates that the stock may be oversold and due for a rebound.
Long Term Outlook
SRL's long-term outlook is positive. The company is a leading producer of iron ore, which is a key ingredient in the production of steel. The demand for iron ore is expected to grow in the coming years, as the global economy continues to expand. SRL is well-positioned to benefit from this growth, as it has operations in some of the world's most iron-rich regions.
Analyst Recommendations
Analysts are mixed on SRL's stock. Some analysts believe that the stock is undervalued and has upside potential. Other analysts believe that the stock is fairly valued and may not have much upside potential. Overall, the consensus analyst rating for SRL is "hold."
