TerraCom Limited (AU:TER)
ASX:TER
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TerraCom Limited
(Sydney:TER)
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Rating:49Neutral
Price Target:
AU$0.10
â–²(48.57% Upside)
Action:ReiteratedDate:03/25/26
The score is held back primarily by deteriorating financial performance (revenue declines and a return to losses in 2025) and volatile cash generation, partially offset by a currently conservative balance sheet. Technicals are supportive with price above major moving averages and positive MACD, but overbought momentum signals increase short-term downside risk. Valuation is pressured by the negative P/E, reflecting loss-making conditions and limited valuation support.
Positive Factors
Conservative balance sheet / low leverage
Conservative leverage lowers refinancing and liquidity risk across commodity cycles. Low debt relative to equity provides flexibility to fund operations, modest capex, or absorb downturns without forced asset sales, supporting solvency and strategic optionality over the next 2–6 months.
Negative Factors
Sustained revenue decline
Multi-year top-line contraction weakens scale economics, reduces negotiating leverage with customers and suppliers, and signals deteriorating demand or lost volumes. Persistent revenue decline raises the likelihood of prolonged margin pressure and constrains reinvestment capacity over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet / low leverage
Conservative leverage lowers refinancing and liquidity risk across commodity cycles. Low debt relative to equity provides flexibility to fund operations, modest capex, or absorb downturns without forced asset sales, supporting solvency and strategic optionality over the next 2–6 months.
Read all positive factors
TerraCom Limited (TER) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$182.25M
Dividend YieldN/A
Average Volume (3M)4.02M
Price to Earnings (P/E)―
Beta (1Y)-0.31
Revenue Growth-12.53%
EPS Growth-264.51%
CountryAU
Employees3,622
SectorEnergy
Sector Strength52
IndustryCoal
Share Statistics
EPS (TTM)-0.02
Shares Outstanding1,822,523,200
10 Day Avg. Volume2,039,643
30 Day Avg. Volume4,021,602
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.44
Price to Sales (P/S)0.25
P/FCF Ratio4.31
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
TerraCom Limited Business Overview & Revenue Model
Company Description
TerraCom Limited engages in the exploration and extraction of coal in Australia and South Africa. The company explores for hard and soft coking, thermal, and PCI coal. Its flagship property is the Blair Athol coal mine located in Clermont, Queensl...
How the Company Makes Money
TerraCom Limited generates revenue through the mining and sale of coal, including coking coal used in steel production and thermal coal used for energy generation. Its earnings are derived from contracts with industrial customers, energy companies...
TerraCom Limited Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
63
Positive
Cash Flow
48
Neutral
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 213.98M | 226.67M | 259.14M | 660.64M | 804.63M | 549.01M |
| Gross Profit | -29.42M | 4.38M | 57.86M | 324.29M | 383.51M | 14.23M |
| EBITDA | -35.02M | -4.32M | 55.00M | 334.61M | 395.61M | -16.36M |
| Net Income | -49.97M | -33.05M | 25.95M | 262.10M | 196.13M | -84.06M |
Balance Sheet | ||||||
| Total Assets | 270.75M | 295.89M | 314.42M | 356.20M | 422.21M | 623.99M |
| Cash, Cash Equivalents and Short-Term Investments | 6.39M | 13.38M | 8.35M | 44.03M | 69.57M | 11.19M |
| Total Debt | 18.85M | 11.00M | 4.18M | 7.27M | 37.33M | 317.42M |
| Total Liabilities | 161.47M | 166.45M | 146.57M | 188.35M | 276.58M | 651.50M |
| Stockholders Equity | 110.74M | 130.01M | 168.26M | 167.33M | 145.51M | -80.41M |
Cash Flow | ||||||
| Free Cash Flow | -5.28M | 13.19M | -28.07M | 236.82M | 316.21M | -22.58M |
| Operating Cash Flow | 1.28M | 18.32M | -15.55M | 247.55M | 324.00M | 5.79M |
| Investing Cash Flow | -765.00K | -1.03M | 6.19M | -2.76M | -22.20M | -43.80M |
| Financing Cash Flow | -5.23M | -12.64M | -26.69M | -270.69M | -245.64M | 39.27M |
TerraCom Limited Technical Analysis
Positive
0.07
Price Trends
0.08
Positive
0.08
Positive
0.07
Positive
Market Momentum
<0.01
Negative
57.48
Neutral
34.21
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:TER, the sentiment is Positive. The current price of 0.07 is below the 20-day moving average (MA) of 0.09, below the 50-day MA of 0.08, and below the 200-day MA of 0.07, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 57.48 is Neutral, neither overbought nor oversold. The STOCH value of 34.21 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:TER.
TerraCom Limited Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | AU$4.77B | 17.50 | 5.87% | 8.48% | -1.53% | -7.57% | |
67 Neutral | AU$2.52B | -28.57 | -3.46% | 7.32% | -18.98% | -99.05% | |
66 Neutral | AU$7.56B | 23.23 | 11.25% | 1.92% | 52.51% | 82.60% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
50 Neutral | AU$127.23M | -13.68 | -2.06% | ― | -5.47% | -86.96% | |
49 Neutral | AU$182.25M | -0.96 | -41.52% | ― | -12.53% | -264.51% | |
44 Neutral | AU$536.47M | -0.80 | -52.66% | 4.79% | -23.91% | -352.91% |
* Energy Sector Average
AU:TER
TerraCom Limited
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TerraCom Limited Corporate Events
TerraCom Discloses Departure of Director Glen Lewis and His Indirect Shareholdings
Mar 12, 2026
TerraCom Limited has announced the cessation of Glen Lewis as a director effective 12 March 2026, as disclosed in a final director’s interest notice to the ASX. The filing records that Lewis holds no TerraCom securities directly, but has an ...
TerraCom Director Glen Lewis Resigns Effective Immediately
Mar 12, 2026
TerraCom Limited has announced the immediate resignation of director Glen Lewis, who previously chaired the Operational Internal Steering Committee and the Health, Safety, Environment and Community Committee, and sat on the Audit and Remuneration ...
TerraCom Appoints New Director Andrew John Coles With No Initial Shareholding
Mar 9, 2026
TerraCom Limited has appointed Andrew John Coles as a director effective 9 March 2026, according to an initial director’s interest notice lodged with the ASX. The filing confirms that Coles holds no relevant interests in TerraCom securities ...
TerraCom Discloses Departure of Director Mark Lochtenberg and His Indirect Shareholding
Mar 9, 2026
TerraCom Limited has announced that director Mark Lochtenberg ceased to be a director of the company on 9 March 2026, with the change disclosed to the ASX in accordance with listing rules. The notice confirms that Lochtenberg holds no TerraCom sec...
TerraCom Reshapes Board as Chairman Departs and Veteran Mining Executive Joins
Mar 9, 2026
TerraCom Limited has announced that Chairman and Non-Executive Director Mark Lochtenberg has resigned from the board with immediate effect, with the company expressing gratitude for his leadership and service and indicating it will name a new chai...
TerraCom Adds Veteran Geologist Stephen Barber to Board
Mar 3, 2026
TerraCom Limited has appointed geologist Stephen Barber as a Non-Executive Director, effective 3 March 2026, adding more than three decades of coal, gold and critical minerals experience to its board. His track record in senior geological and reso...
TerraCom Swings to H1 Loss as Coal Prices Fall but Blair Athol Operations Stay Robust
Feb 27, 2026
TerraCom Limited reported an EBITDA loss of $7.0 million and a net loss after tax of $13.8 million for the first half of FY26, as lower benchmark thermal coal prices weighed on earnings despite solid operations at its Blair Athol mine. Average rea...
TerraCom Swings to Half-Year Loss as Revenue Falls and Dividends Halted
Feb 27, 2026
TerraCom Limited reported a weaker first half for the six months to 31 December 2025, with revenue from ordinary activities falling 11% to A$98.6 million and a swing to a loss after tax of A$14.5 million, as EBITDA also moved into negative territo...
TerraCom Seeks ASX Quotation for 19.3 Million New Shares
Feb 25, 2026
TerraCom Limited has applied to the ASX for quotation of 19,285,306 ordinary fully paid shares, with an issue date of 23 February 2026. The securities are being quoted as part of a previously flagged transaction, signalling an expansion of the com...
TerraCom Plans New Share Placement of Over 19 Million Shares
Feb 23, 2026
TerraCom Limited has notified the ASX of a proposed issue of up to 19,285,306 new fully paid ordinary shares under a placement or similar capital-raising structure. The securities are scheduled to be issued on 23 February 2026, with the company ap...
TerraCom Issues Cleansing Notice for Share Placement to Exempt Holders
Feb 23, 2026
TerraCom has issued a cleansing notice related to a recently completed share placement of new shares to existing exempt shareholders, conducted without a full disclosure document under Australian corporations law. The company confirmed it is compl...
TerraCom Raises $1.1m via Targeted Share Placement to Existing Investors
Feb 23, 2026
TerraCom Limited has raised about $1.1 million through a share placement to existing shareholders, issuing roughly 19.3 million new shares at $0.06 each. The proceeds are earmarked to bolster working capital, strengthen the balance sheet and cover...
TerraCom Director Increases Indirect Shareholding via Rights Entitlement Offer
Feb 2, 2026
TerraCom Limited has disclosed a change in director Mark Ludski’s indirect interest in the company’s shares, with his relevant holding, via his spouse, increasing from 250,000 to 562,500 fully paid ordinary shares. The additional 312,5...
TerraCom Director Increases Stake Through Rights Entitlement Offer
Feb 2, 2026
TerraCom Limited has disclosed a change in the holdings of director Mark Lochtenberg, who holds his interest indirectly through Rigi Investments Pty Ltd and Buttonwood Nominees Pty Ltd. On 27 January 2026, Lochtenberg acquired 5,000,000 fully paid...
TerraCom Director Glen Lewis Increases Stake Through Rights Entitlement Offer
Feb 2, 2026
TerraCom Limited has disclosed a change in director Glen Lewis’s relevant interest in the company’s shares, with his indirect holdings increasing by 502,000 fully paid ordinary shares acquired at $0.06 per share under a rights entitlem...
TerraCom Director Danny McCarthy Doubles Stake via Rights Entitlement Offer
Feb 2, 2026
TerraCom Limited has disclosed a significant increase in the shareholding of director Danny McCarthy following his participation in the company’s Rights Entitlement Offer. McCarthy acquired 4,886,642 fully paid ordinary shares at $0.06 per s...
TerraCom Seeks ASX Quotation for Over 1 Billion New Shares
Jan 27, 2026
TerraCom Limited has applied for quotation on the ASX of 1,001,207,793 ordinary fully paid shares, effective 27 January 2026, under an Appendix 2A submission. The large volume of securities being quoted, which stems from transactions previously no...
TerraCom Seeks ASX Quotation for 1.06 Million New Shares
Jan 27, 2026
TerraCom Limited has applied for quotation on the ASX of 1,063,816 new fully paid ordinary shares, with an issue date of 27 January 2026. The additional shares, issued as part of previously announced transactions, will marginally increase the comp...
TerraCom Plans Share Placement of Over 1 Million New Shares
Jan 22, 2026
TerraCom Limited has announced a proposed placement of up to 1,063,816 new ordinary fully paid shares on the ASX, with an expected issue date of 27 January 2026. The share issue will expand the company’s equity base and may provide additiona...
TerraCom Secures $60m in Fully Subscribed Entitlement Offer to Fund 2026 Growth
Jan 21, 2026
TerraCom Limited has completed a fully subscribed A$60 million renounceable entitlement offer, exceeding its initial A$40 million underwriting, in a move that bolsters its balance sheet and supports its operational and growth plans for 2026. The r...
Regal Partners Sells Down Stake, Ceases to Be Substantial Holder in TerraCom
Jan 20, 2026
Regal Partners Funds Management Pty Ltd and its associated entities have notified TerraCom Limited that they have ceased to be a substantial holder in the company, following a series of on-market share disposals conducted between early December 20...
TerraCom Opens $60 Million Renounceable Entitlement Offer to Shareholders
Jan 5, 2026
TerraCom Limited has opened applications for its partially underwritten 5-for-4 renounceable entitlement offer, seeking to raise up to approximately $60 million through the issue of new shares to eligible shareholders. The company has dispatched t...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.