WA Kaolin Ltd. (AU:WAK)
ASX:WAK
Top Page
WA Kaolin Ltd.
(Sydney:WAK)
Select Model
Select Model
Rating:40Underperform
Price Target:
AU$0.03
â–²(35.00% Upside)
Action:ReiteratedDate:01/04/26
The score is primarily held down by weak financial quality—ongoing losses, negative operating cash flow, and high leverage—alongside a clear bearish technical trend with negative momentum. Strong revenue growth is a positive, but valuation support is limited due to a negative P/E and no dividend yield data.
Positive Factors
Revenue Growth
Sustained near-doubling of revenue indicates expanding market penetration and product adoption. Over 2–6 months this underpins scale benefits and provides a base to improve unit economics if management tightens costs or optimizes mix, making future margin recovery more achievable.
Negative Factors
High Financial Leverage
Elevated leverage increases interest burdens and refinancing risk, constraining capital allocation and strategic flexibility. With limited equity buffer, adverse demand or cost shocks could force asset sales or dilutive funding, undermining long-term stability without deleveraging.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Sustained near-doubling of revenue indicates expanding market penetration and product adoption. Over 2–6 months this underpins scale benefits and provides a base to improve unit economics if management tightens costs or optimizes mix, making future margin recovery more achievable.
Read all positive factors
WA Kaolin Ltd. (WAK) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$17.45M
Dividend YieldN/A
Average Volume (3M)126.68K
Price to Earnings (P/E)―
Beta (1Y)1.37
Revenue Growth90.14%
EPS Growth52.54%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding698,178,400
10 Day Avg. Volume118,573
30 Day Avg. Volume126,676
Financial Highlights & Ratios
PEG Ratio0.05
Price to Book (P/B)2.66
Price to Sales (P/S)4.01
P/FCF Ratio-3.38
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
WA Kaolin Ltd. Business Overview & Revenue Model
Company Description
WA Kaolin Limited engages in the exploration and development of an inferred mineral resource of kaolinised granite in Australia. It holds interest in the Wickepin Kaolin project that comprises four retention licenses and a single mining lease cove...
How the Company Makes Money
WA Kaolin Ltd. generates revenue through the sale of its kaolin products to a diverse range of industries, including ceramics, paper manufacturing, plastics, and pharmaceuticals. The company capitalizes on the growing demand for high-quality kaoli...
WA Kaolin Ltd. Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
30
Negative
Cash Flow
40
Negative
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 5.75M | 2.58M | 1.46M | 1.17M | 1.21M |
| Gross Profit | 407.54K | -6.46M | 1.09M | -3.83M | 261.82K |
| EBITDA | -5.91M | -11.75M | -1.02M | -5.33M | -17.87M |
| Net Income | -7.81M | -13.58M | -3.75M | -7.55M | -20.67M |
Balance Sheet | |||||
| Total Assets | 39.68M | 36.63M | 43.35M | 32.62M | 25.74M |
| Cash, Cash Equivalents and Short-Term Investments | 3.58M | 751.88K | 3.09M | 6.36M | 10.92M |
| Total Debt | 25.84M | 25.45M | 29.48M | 24.33M | 20.40M |
| Total Liabilities | 31.02M | 30.66M | 33.55M | 27.15M | 23.61M |
| Stockholders Equity | 8.66M | 5.97M | 9.80M | 5.47M | 2.13M |
Cash Flow | |||||
| Free Cash Flow | -6.81M | -13.56M | -12.08M | -15.95M | -11.81M |
| Operating Cash Flow | -4.79M | -10.70M | -5.04M | -5.13M | -3.81M |
| Investing Cash Flow | -2.02M | 4.83M | -7.04M | -10.83M | -8.00M |
| Financing Cash Flow | 9.64M | 3.52M | 8.81M | 10.68M | 19.90M |
WA Kaolin Ltd. Technical Analysis
Negative
0.02
Price Trends
0.02
Positive
0.03
Negative
0.03
Negative
Market Momentum
>-0.01
Negative
36.65
Neutral
-125.00
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:WAK, the sentiment is Negative. The current price of 0.02 is above the 20-day moving average (MA) of 0.02, above the 50-day MA of 0.02, and below the 200-day MA of 0.03, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 36.65 is Neutral, neither overbought nor oversold. The STOCH value of -125.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:WAK.
WA Kaolin Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
48 Neutral | AU$38.02M | -10.66 | -13.50% | ― | ― | -241.18% | |
47 Neutral | AU$25.10M | -352.11 | 74.51% | ― | 71.37% | 82.48% | |
44 Neutral | AU$32.22M | -1.90 | -12.11% | ― | ― | 23.60% | |
42 Neutral | AU$45.93M | -13.00 | -71.61% | ― | ― | -26.67% | |
41 Neutral | AU$65.58M | -7.36 | -2.83% | ― | ― | -268.97% | |
40 Underperform | AU$17.45M | -2.95 | -104.39% | ― | 90.14% | 52.54% |
* Basic Materials Sector Average
AU:WAK
WA Kaolin Ltd.
0.03
-0.01
-34.21%
AU:PHO
PhosCo Ltd
0.14
0.08
125.00%
AU:G6M
Group 6 Metals Limited
2.50
0.00
0.00%
AU:ARD
Argent Minerals Limited
0.03
<0.01
8.70%
AU:BKT
Black Rock Mining Limited
0.01
>-0.01
-30.00%
AU:LGM
Legacy Minerals Holdings Ltd.
0.18
-0.05
-20.45%
WA Kaolin Ltd. Corporate Events
WA Kaolin Restructures Debt and Secures New Funding to Ease Refinancing Pressure
Jan 14, 2026
WA Kaolin has restructured approximately $20.4 million in loan facilities with major shareholder and lender Scientific Management Associates, extending maturities by 12 years to 31 December 2037, easing short‑term refinancing pressure and al...
WA Kaolin Locks In Long-Term Debt Restructure and 2026 Offtake as Production Lags
Dec 30, 2025
WA Kaolin has secured long-term financial stability by restructuring approximately $20.4 million of existing debt with key lender-shareholders, extending maturities to December 2037 and pushing principal repayments out to mid-2027, while also addi...
WA Kaolin Ltd. Appoints New Director with Significant Shareholding
Dec 16, 2025
WA Kaolin Ltd. has announced the appointment of Andrew Brian Sorensen as a director, effective December 10, 2025. Sorensen holds significant interests in the company, with a substantial number of ordinary shares and options, indicating his vested ...
WA Kaolin Ltd Appoints Andrew Sorensen as Executive Director
Dec 10, 2025
WA Kaolin Ltd has appointed Mr. Andrew Sorensen as an Executive Director, acknowledging his significant contributions since joining the company in 2006. Mr. Sorensen, who has extensive experience in sales, commercial, and marketing, will focus on ...
WA Kaolin Unveils New Wickefine Product at ChinaCoat 2025
Nov 26, 2025
WA Kaolin Ltd has launched a new high-performance kaolin product named Wickefine at the ChinaCoat 2025 Trade Fair in Shanghai. This new product is specifically designed for the coatings and inks market, which is valued at approximately $733 millio...
WA Kaolin Ltd. Announces Director Departure
Nov 25, 2025
WA Kaolin Ltd. has announced the cessation of Sean Hu as a director of the company, effective November 21, 2025. Sean Hu held significant interests in the company with 84,756,824 ordinary shares and 10,594,603 unquoted option shares. This change i...
WA Kaolin Announces Resignation of Non-Executive Director
Nov 24, 2025
WA Kaolin Limited announced the resignation of Mr. Sean Hu as a Non-Executive Director, effective November 21, 2025. Mr. Hu cited potential corporate governance concerns due to his dual role as a board member and the representative of STANCO, a ma...
WA Kaolin AGM Resolutions Passed, Director Resigns
Nov 21, 2025
WA Kaolin Limited announced that all resolutions presented at their Annual General Meeting were passed with the required majority, except for the re-election of Director Sean Hu, which was withdrawn due to his resignation. The successful passage o...
WA Kaolin Ltd Reports Record Sales and Corrects Cash Flow Report
Oct 31, 2025
WA Kaolin Ltd announced a correction to its previously lodged cash flow report, ensuring all sections are now complete. The company reported record sales volumes and revenue for the September 2025 quarter, driven by increased production capacity a...
WA Kaolin Ltd Reports Record Sales and Expands Capacity Amid Strong Market Demand
Oct 30, 2025
WA Kaolin Ltd has reported a record-breaking quarter for sales volumes and revenue, driven by increased production capacity and strong market demand. The company has successfully completed a plant upgrade, improving reliability and efficiency, and...
WA Kaolin Limited Announces Upcoming Annual General Meeting
Oct 28, 2025
WA Kaolin Limited has announced its Annual General Meeting scheduled for November 21, 2025. The company encourages shareholders to submit proxy forms and questions in advance to facilitate a smooth meeting process. This approach aims to enhance sh...
WA Kaolin Releases Corporate Governance Statement for 2025
Oct 24, 2025
WA Kaolin Limited has released its corporate governance statement for the financial year ending June 30, 2025, which is available on their website. The statement outlines the company’s adherence to the ASX Corporate Governance Council’...
WA Kaolin Ltd. Appoints New Director
Oct 24, 2025
WA Kaolin Ltd. has announced the appointment of Catherine Lynch as a director, effective October 15, 2025. The announcement is a formal disclosure of her initial interest notice, which is a regulatory requirement under the ASX listing rules. This ...
Director Cessation at WA Kaolin Ltd.
Oct 24, 2025
WA Kaolin Ltd. announced the cessation of Brady Norman Hall as a director effective October 20, 2025. This update is part of the company’s compliance with ASX listing rules, ensuring transparency in the disclosure of directors’ interes...
WA Kaolin Ltd. Announces Director Change
Oct 24, 2025
WA Kaolin Ltd. announced the cessation of Kenneth Joseph Hall as a director, effective October 20, 2025. The notice includes details of Mr. Hall’s interests in the company’s securities, which comprise a significant number of ordinary s...
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.