Timah Resources Ltd (AU:TML)
ASX:TML
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Timah Resources Ltd
(Sydney:TML)
Select Model
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Rating:48Neutral
Price Target:
AU$0.05
▲(15.00% Upside)
Action:ReiteratedDate:03/24/26
The score is held down primarily by weak and volatile financial performance, including inconsistent profitability and a 2025 deterioration to negative free cash flow. Technicals provide some support via an upward price trend, but extremely overbought momentum raises pullback risk. Valuation is also unfavorable due to a deeply negative P/E and no dividend yield data.
Positive Factors
Strategic asset acquisition
The proposed 40% Cash Horse acquisition expands Timah's renewable generation footprint in Malaysia and diversifies income. The 10-year deferred payment eases near-term cash strain, enabling asset scale gains and potential steady generation income that can support medium-term earnings and regional positioning if approved.
Negative Factors
Revenue deterioration
A sharp revenue decline erodes scale and limits the firm's ability to cover fixed costs, reducing operating leverage. Sustained topline weakness pressures margins, constrains investment capacity, and makes earnings recovery harder, increasing reliance on cost cuts or new growth initiatives to restore durable profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Strategic asset acquisition
The proposed 40% Cash Horse acquisition expands Timah's renewable generation footprint in Malaysia and diversifies income. The 10-year deferred payment eases near-term cash strain, enabling asset scale gains and potential steady generation income that can support medium-term earnings and regional positioning if approved.
Read all positive factors
Timah Resources Ltd (TML) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$4.17M
Dividend YieldN/A
Average Volume (3M)6.94K
Price to Earnings (P/E)324.0
Beta (1Y)0.12
Revenue Growth5.31%
EPS Growth-489.74%
CountryAU
EmployeesN/A
SectorUtilities
Sector Strength65
IndustryRenewable Utilities
Share Statistics
EPS (TTM)0.00
Shares Outstanding88,759,760
10 Day Avg. Volume6,757
30 Day Avg. Volume6,936
Financial Highlights & Ratios
PEG Ratio-3.22
Price to Book (P/B)0.55
Price to Sales (P/S)1.68
P/FCF Ratio-101.06
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
Timah Resources Ltd Business Overview & Revenue Model
Company Description
Timah Resources Limited, through its subsidiary, Mistral Engineering Sdn Bhd., generates biogas renewable energy in Australia and Malaysia. It owns and operates a biogas power plant with approximately 4.0 megawatts situated in Sabah, Malaysia. The...
Timah Resources Ltd Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
52
Neutral
Cash Flow
46
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 2.38M | 9.10M | 2.81M | 2.68M | 2.82M |
| Gross Profit | -19.56K | 1.11M | 123.52K | -265.48K | 549.29K |
| EBITDA | -227.44K | 912.57K | 1.16M | 770.94K | 1.76M |
| Net Income | 12.31K | -3.52M | 138.43K | -732.18K | 115.06K |
Balance Sheet | |||||
| Total Assets | 17.55M | 49.80M | 17.27M | 19.71M | 21.06M |
| Cash, Cash Equivalents and Short-Term Investments | 1.88M | 2.85M | 2.35M | 3.09M | 2.54M |
| Total Debt | 7.28M | 8.11M | 7.36M | 9.25M | 9.85M |
| Total Liabilities | 10.26M | 30.37M | 9.93M | 11.87M | 12.51M |
| Stockholders Equity | 7.19M | 19.43M | 7.34M | 7.84M | 8.55M |
Cash Flow | |||||
| Free Cash Flow | -39.48K | 550.39K | 1.28M | 1.40M | 854.63K |
| Operating Cash Flow | 125.31K | 610.70K | 1.68M | 1.66M | 890.30K |
| Investing Cash Flow | -164.78K | -60.31K | -400.61K | -257.61K | -35.68K |
| Financing Cash Flow | -891.65K | -153.09K | -1.81M | -777.74K | -884.52K |
Timah Resources Ltd Technical Analysis
Neutral
0.04
Price Trends
0.05
Positive
0.04
Positive
0.04
Positive
Market Momentum
<0.01
Positive
100.00
Negative
150.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:TML, the sentiment is Neutral. The current price of 0.04 is below the 20-day moving average (MA) of 0.05, below the 50-day MA of 0.05, and above the 200-day MA of 0.04, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 100.00 is Negative, neither overbought nor oversold. The STOCH value of 150.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:TML.
Timah Resources Ltd Peers Comparison
UnderperformOutperform
Sector (66)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | AU$104.97M | 3.94 | 12.05% | 13.04% | 10.44% | -55.67% | |
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% | |
49 Neutral | AU$3.81M | 134.83 | 0.29% | ― | 7.44% | ― | |
48 Neutral | AU$4.17M | 324.05 | 0.17% | ― | 5.31% | -489.74% | |
| ― | AU$19.31M | 0.07 | -31.05% | ― | ― | 91.54% | |
43 Neutral | AU$20.49M | -4.53 | -129.44% | ― | -29.97% | -284.16% | |
43 Neutral | AU$8.32M | -0.61 | -108.64% | ― | ― | -15.24% |
* Utilities Sector Average
AU:TML
Timah Resources Ltd
0.05
<0.01
14.63%
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Timah Resources Ltd Corporate Events
Timah Resources to Acquire 40% Stake in Malaysian Power Producer Cash Horse
Mar 3, 2026
Timah Resources Limited has agreed to acquire a 40% stake in Malaysian power producer Cash Horse (M) Sdn. Bhd. from substantial shareholder Cash Nexus (M) Sdn. Bhd., for RM31.61 million, payable over 10 years with interest linked to the Reserve Ba...
Timah Resources Rebounds to Profit Despite Major Biogas Plant Outage
Feb 24, 2026
Timah Resources reported a sharp turnaround for 2025, moving from a prior-year loss to a small profit despite a 24% drop in revenue, as EBITDA rose 63% on improved operational efficiency. A major flashover at the main busbar switchgear forced a 11...
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.