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ADX EnergyASX:ADX Stock Report

Market Cap







22 Oct, 2021


Company Financials
ADX fundamental analysis
Snowflake Score
Future Growth0/6
Past Performance0/6
Financial Health1/6

ADX Overview

ADX Energy Ltd engages in the production, appraisal, and exploration of oil and gas properties.

Price History & Performance

Summary of all time highs, changes and price drops for ADX Energy
Historical stock prices
Current Share PriceAU$0.011
52 Week HighAU$0.004
52 Week LowAU$0.014
1 Month Change64.29%
3 Month Change64.29%
1 Year Change91.67%
3 Year Change4.55%
5 Year Change64.29%
Change since IPO-90.42%

Recent News & Updates

Aug 25
Estimating The Fair Value Of ADX Energy Ltd (ASX:ADX)

Estimating The Fair Value Of ADX Energy Ltd (ASX:ADX)

Today we will run through one way of estimating the intrinsic value of ADX Energy Ltd ( ASX:ADX ) by taking the...

Shareholder Returns

ADXAU Oil and GasAU Market

Return vs Industry: ADX exceeded the Australian Oil and Gas industry which returned 44% over the past year.

Return vs Market: ADX exceeded the Australian Market which returned 21.4% over the past year.

Price Volatility

Is ADX's price volatile compared to industry and market?
ADX volatility
ADX Beta1.48
Industry Beta1.29
Market Beta1

Stable Share Price: ADX is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: ADX's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

1983n/aPaul Fink

ADX Energy Ltd engages in the production, appraisal, and exploration of oil and gas properties. Its project portfolio comprises the Gaiselberg and Zistersdorf fields in the Vienna basin, Austria; the Nilde Oil Field offshore redevelopment project in the Strait of Sicily, Italy; and the Parta exploration permit and Iecea Mare production permit in Western Romania. The company was formerly known as AuDAX Resources Ltd.

ADX Energy Fundamentals Summary

How do ADX Energy's earnings and revenue compare to its market cap?
ADX fundamental statistics
Market CapAU$30.57m
Earnings (TTM)-AU$3.94m
Revenue (TTM)AU$7.63m


P/S Ratio


P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ADX income statement (TTM)
Cost of RevenueAU$7.54m
Gross ProfitAU$86.28k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date


Earnings per share (EPS)-0.0015
Gross Margin1.13%
Net Profit Margin-51.66%
Debt/Equity Ratio44.4%

How did ADX perform over the long term?

See historical performance and comparison


Is ADX Energy undervalued compared to its fair value and its price relative to the market?


Price to Book (PB) ratio

Share Price vs. Fair Value

Below Fair Value: ADX (A$0.01) is trading above our estimate of fair value (A$0.01)

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

Price To Earnings Ratio

PE vs Industry: ADX is unprofitable, so we can't compare its PE Ratio to the Australian Oil and Gas industry average.

PE vs Market: ADX is unprofitable, so we can't compare its PE Ratio to the Australian market.

Price to Earnings Growth Ratio

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

Price to Book Ratio

PB vs Industry: ADX is overvalued based on its PB Ratio (13.2x) compared to the AU Oil and Gas industry average (2.5x).

Future Growth

How is ADX Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?


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 ADX Energy 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.

Past Performance

How has ADX Energy performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ADX is currently unprofitable.

Growing Profit Margin: ADX is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: ADX is unprofitable, and losses have increased over the past 5 years at a rate of 13% per year.

Accelerating Growth: Unable to compare ADX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ADX is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-50.5%).

Return on Equity

High ROE: ADX has a negative Return on Equity (-37.71%), as it is currently unprofitable.

Financial Health

How is ADX Energy's financial position?

Financial Position Analysis

Short Term Liabilities: ADX's short term assets (A$7.5M) exceed its short term liabilities (A$3.2M).

Long Term Liabilities: ADX's short term assets (A$7.5M) do not cover its long term liabilities (A$18.5M).

Debt to Equity History and Analysis

Debt Level: ADX's debt to equity ratio (44.4%) is considered high.

Reducing Debt: Insufficient data to determine if ADX's debt to equity ratio has reduced over the past 5 years.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: ADX has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if ADX has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


What is ADX Energy current dividend yield, its reliability and sustainability?

Dividend Yield vs Market

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

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

Stability and Growth of Payments

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

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

Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Future Payout to Shareholders

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

Next Steps


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


Average management tenure


Paul Fink





Mr. Paul Fink, MSc, has been the Chief Executive Officer and Executive Director of ADX Energy Ltd. since September 28, 2015. Mr. Fink serves as a Technical Director of ADX Energy Ltd.He served as Technica...

CEO Compensation Analysis

Compensation vs Market: Paul's total compensation ($USD292.77K) is about average for companies of similar size in the Australian market ($USD303.33K).

Compensation vs Earnings: Paul's compensation has increased whilst the company is unprofitable.

Leadership Team

Experienced Management: ADX's management team is seasoned and experienced (6 years average tenure).

Board Members

Experienced Board: ADX's board of directors are considered experienced (9 years average tenure).


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.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 55%.

Top Shareholders

Company Information

ADX Energy Ltd's employee growth, exchange listings and data sources

Key Information

  • Name: ADX Energy Ltd
  • Ticker: ADX
  • Exchange: ASX
  • Founded: 1983
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: AU$30.571m
  • Shares outstanding: 2.66b
  • Website:


  • ADX Energy Ltd
  • 210 Bagot Road
  • Suite 14
  • Subiaco
  • Western Australia
  • 6008
  • Australia


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 15:32
End of Day Share Price2021/10/22 00:00
Annual Earnings2020/12/31

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.