ASX:ADX

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Share Price & News

How has ADX Energy's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-16.7%

ADX

0.2%

AU Oil and Gas

-0.1%

AU Market


1 Year Return

-54.5%

ADX

-39.6%

AU Oil and Gas

-12.0%

AU Market

Return vs Industry: ADX underperformed the Australian Oil and Gas industry which returned -39.6% over the past year.

Return vs Market: ADX underperformed the Australian Market which returned -10.5% over the past year.


Shareholder returns

ADXIndustryMarket
7 Day-16.7%0.2%-0.1%
30 Day-16.7%-9.8%-2.9%
90 Day-28.6%-12.0%1.1%
1 Year-54.5%-54.5%-37.4%-39.6%-8.7%-12.0%
3 Year-64.3%-64.3%-21.2%-29.6%17.7%2.6%
5 Year66.7%66.7%-15.4%-29.5%44.5%14.1%

Price Volatility Vs. Market

How volatile is ADX Energy's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

9.94x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate ADX's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate ADX's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: ADX is unprofitable, so we can't compare its PE Ratio to the AU 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 (9.9x) compared to the AU Oil and Gas industry average (1.4x).


Next Steps

Future Growth

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

57.0%

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.


Next Steps

Past Performance

How has ADX Energy performed over the past 5 years?

-3.7%

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 3.7% 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 (-61.9%).


Return on Equity

High ROE: ADX has a negative Return on Equity (-25.34%), as it is currently unprofitable.


Next Steps

Financial Health

How is ADX Energy's financial position?


Financial Position Analysis

Short Term Liabilities: ADX's short term assets (A$5.9M) exceed its short term liabilities (A$4.7M).

Long Term Liabilities: ADX's short term assets (A$5.9M) do not cover its long term liabilities (A$16.2M).


Debt to Equity History and Analysis

Debt Level: ADX's debt to equity ratio (35.7%) is considered satisfactory.

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: ADX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 48% each year


Next Steps

Dividend

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

Management

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

5.0yrs

Average management tenure


CEO

Paul Fink

5yrs

Tenure

AU$376,000

Compensation

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 ($USD274.43K) is about average for companies of similar size in the Australian market ($USD279.63K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Ian Tchacos
Executive Chairman5yrsAU$381.07k3.42%
A$ 293.5k
Paul Fink
CEO, Technical Director & Executive Director5yrsAU$376.00k4.04%
A$ 346.4k
Peter Ironside
Company Secretary25.5yrsAU$30.00k1.71%
A$ 146.4k
Amanda Sparks
Joint Company Secretary4.92yrsAU$9.60k0.97%
A$ 83.3k

5.0yrs

Average Tenure

Experienced Management: ADX's management team is seasoned and experienced (5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ian Tchacos
Executive Chairman5yrsAU$381.07k3.42%
A$ 293.5k
Paul Fink
CEO, Technical Director & Executive Director5yrsAU$376.00k4.04%
A$ 346.4k
Andrew Childs
Independent Non-Executive Director10.83yrsAU$33.00k1.52%
A$ 130.7k
Edouard Etienvre
Independent Director0.67yrno data0.025%
A$ 2.1k

7.9yrs

Average Tenure

Experienced Board: ADX's board of directors are considered experienced (7.9 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: ADX insiders have bought and sold the same number of shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 39.6%.


Top Shareholders

Company Information

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


Key Information

  • Name: ADX Energy Ltd
  • Ticker: ADX
  • Exchange: ASX
  • Founded: 1987
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: AU$8.574m
  • Shares outstanding: 1.71b
  • Website: https://adx-energy.com

Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ADXASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJan 1992
ADXR.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1992
GHUDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992
GHUBST (Boerse-Stuttgart)YesOrdinary SharesDEEURJan 1992
ADXCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJan 1992

Biography

ADX Energy Ltd engages in the production, appraisal, and exploration of oil and gas properties. It owns oil and gas assets in Austria, Tunisia, Italy, and Romania. The company was formerly known as AuDAX R ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/17 19:07
End of Day Share Price2020/09/16 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.