WBAG:O2C

Stock Analysis Report

Petro Welt Technologies

Executive Summary

Petro Welt Technologies AG provides oil field services to oil and gas companies in Russia and Kazakhstan.


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

How has Petro Welt Technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: O2C's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

3.4%

O2C

8.5%

AT Energy Services

8.9%

AT Market


1 Year Return

-60.3%

O2C

-53.3%

AT Energy Services

-26.8%

AT Market

Return vs Industry: O2C underperformed the Austrian Energy Services industry which returned -53.3% over the past year.

Return vs Market: O2C underperformed the Austrian Market which returned -26.8% over the past year.


Shareholder returns

O2CIndustryMarket
7 Day3.4%8.5%8.9%
30 Day-3.4%0.8%-3.4%
90 Day-42.0%-46.1%-27.0%
1 Year-60.3%-60.3%-52.2%-53.3%-24.2%-26.8%
3 Yearn/a-58.8%-62.8%-8.2%-16.2%
5 Yearn/a-76.5%-87.4%8.2%-6.8%

Price Volatility Vs. Market

How volatile is Petro Welt Technologies's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Petro Welt Technologies undervalued compared to its fair value and its price relative to the market?

12.91x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: O2C (€2) is trading above our estimate of fair value (€0.55)

Significantly Below Fair Value: O2C is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: O2C is poor value based on its PE Ratio (12.9x) compared to the Energy Services industry average (10.4x).

PE vs Market: O2C is poor value based on its PE Ratio (12.9x) compared to the Austrian market (11.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate O2C's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: O2C is good value based on its PB Ratio (0.4x) compared to the XE Energy Services industry average (0.4x).


Next Steps

Future Growth

How is Petro Welt Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.5%

Forecasted Energy industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Petro Welt Technologies has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Petro Welt Technologies performed over the past 5 years?

-29.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: O2C has high quality earnings.

Growing Profit Margin: O2C's current net profit margins (2.7%) are lower than last year (5.6%).


Past Earnings Growth Analysis

Earnings Trend: O2C's earnings have declined by -29.5% per year over the past 5 years.

Accelerating Growth: O2C's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: O2C had negative earnings growth (-56.3%) over the past year, making it difficult to compare to the Energy Services industry average (-13.9%).


Return on Equity

High ROE: O2C's Return on Equity (3%) is considered low.


Next Steps

Financial Health

How is Petro Welt Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: O2C's short term assets (€282.3M) exceed its short term liabilities (€64.1M).

Long Term Liabilities: O2C's short term assets (€282.3M) exceed its long term liabilities (€125.9M).


Debt to Equity History and Analysis

Debt Level: O2C's debt to equity ratio (45.6%) is considered high.

Reducing Debt: O2C's debt to equity ratio has increased from 22.8% to 45.6% over the past 5 years.

Debt Coverage: O2C's debt is well covered by operating cash flow (29.7%).

Interest Coverage: O2C earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Petro Welt Technologies's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate O2C's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate O2C's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if O2C's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if O2C's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: O2C is not paying a notable dividend for the Austrian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of O2C's dividend in 3 years as they are not forecast to pay a notable one for the Austrian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.2yrs

Average board tenure


CEO

Yury Semenov (42yo)

5.08s

Tenure

Mr. Yury Semenov has been the Chief Executive Officer of Petro Welt Technologies AG (C.A.T. Oil AG) since March 20, 2015. Mr. Semenov started his career in the year 2000 joining a Canadian office of the R ...


Board Members

NamePositionTenureCompensationOwnership
Maurice Dijols
Chairman of Supervisory Board5.17yrsno data39.37% 40.6m
Ralf Wojtek
Independent Member of Supervisory Board5.17yrsno datano data
Remi Paul
Independent Vice Chairman of Supervisory Board5.17yrsno datano data

5.2yrs

Average Tenure

68yo

Average Age

Experienced Board: O2C's board of directors are considered experienced (5.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Petro Welt Technologies AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Petro Welt Technologies AG
  • Ticker: O2C
  • Exchange: WBAG
  • Founded: 1991
  • Industry: Oil and Gas Drilling
  • Sector: Energy
  • Market Cap: €103.074m
  • Shares outstanding: 48.85m
  • Website: https://pewete.com

Number of Employees


Location

  • Petro Welt Technologies AG
  • Kärntner Ring 11–13
  • Vienna
  • Vienna
  • 1010
  • Austria

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
O2CDB (Deutsche Boerse AG)YesOrdinary Bearer SharesDEEURMay 2006
O2CXTRA (XETRA Trading Platform)YesOrdinary Bearer SharesDEEURMay 2006
0GNNLSE (London Stock Exchange)YesOrdinary Bearer SharesGBEURMay 2006
O2CDBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary Bearer SharesGBEURMay 2006
O2CWBAG (Wiener Boerse AG)YesOrdinary Bearer SharesATEURMay 2006

Biography

Petro Welt Technologies AG provides oil field services to oil and gas companies in Russia and Kazakhstan. The company operates through Well Services; Drilling, Sidetracking, Integrated Project Management (IPM); and production of proppant segments. Its well services include hydraulic fracturing, multi-stage fracturing, cementing, and coiled tubing. The company provides services that enhance the productivity of existing wells or reactivating idle and abandoned wells; and IPM services, such as order processing, contract management, and the management of services rendered by subcontractors, including measurement while drilling, logging while drilling, and liner cementing. Its IPM services also include drilling fluids, mud drilling, drill bits, casing and liner programs, downhole motors and turbines, etc. In addition, Petro Welt Technologies AG produces microproppant, ceramic proppant, and resin-coated proppant. As of December 31, 2017, the company had 26 sidetracking rigs, 18 fracturing fleets, and 15 drilling rigs. The company was formerly known as C.A.T. oil AG and changed its name to Petro Welt Technologies AG in August 2016. Petro Welt Technologies AG was founded in 1991 and is headquartered in Vienna, Austria. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/10 05:58
End of Day Share Price2020/04/08 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.