Executive Summary
ADX Energy Ltd engages in the exploration of oil and gas properties.
Risk Analysis
+ 3 more risks
Snowflake Analysis
Adequate 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
12.5%
ADX
-1.9%
AU Oil and Gas
-2.0%
AU Market
1 Year Return
-10.0%
ADX
7.9%
AU Oil and Gas
16.7%
AU Market
Return vs Industry: ADX underperformed the Australian Oil and Gas industry which returned 7.9% over the past year.
Return vs Market: ADX underperformed the Australian Market which returned 16.7% over the past year.
Shareholder returns
| ADX | Industry | Market | |
|---|---|---|---|
| 7 Day | 12.5% | -1.9% | -2.0% |
| 30 Day | 0% | 0.3% | -0.7% |
| 90 Day | -25.0% | 5.6% | 0.2% |
| 1 Year | -10.0%-10.0% | 12.6%7.9% | 22.5%16.7% |
| 3 Year | 50.0%50.0% | 17.8%5.4% | 35.4%16.8% |
| 5 Year | 50.0%50.0% | 19.1%-1.9% | 60.6%24.4% |
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
1 week ago | Simply Wall St
Update: ADX Energy (ASX:ADX) Stock Gained 29% In The Last Three Years1 month ago | Simply Wall St
Is ADX Energy Ltd's (ASX:ADX) CEO Salary Justified?6 months ago | Simply Wall St
Such Is Life: How ADX Energy (ASX:ADX) Shareholders Saw Their Shares Drop 62%Valuation
Is ADX Energy undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether ADX Energy is trading at an attractive price based on the cash flow it is expected to produce in the future. But as ADX Energy has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.
Next Steps
- Examine ADX Energy's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through ADX Energy regulatory filings.
- Explore potentially undervalued companies in the Energy industry.
Future Growth
How is ADX Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
7.4%
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
- Examine ADX Energy's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- ADX Energy competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
Past Performance
How has ADX Energy performed over the past 5 years?
-6.3%
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 -6.3% 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 (68.1%).
Return on Equity
High ROE: ADX has a negative Return on Equity (-72.67%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is ADX Energy's financial position?
Financial Position Analysis
Short Term Liabilities: ADX's short term assets (A$4.0M) exceed its short term liabilities (A$884.7K).
Long Term Liabilities: ADX's short term assets (A$4.0M) exceed its long term liabilities (A$257.8K).
Debt to Equity History and Analysis
Debt Level: ADX is debt free.
Reducing Debt: ADX has not had any debt for past 5 years.
Balance Sheet
Inventory Level: ADX has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if ADX's debt is covered by short term assets.
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 -30.3% each year
Next Steps
Dividend
What is ADX Energy's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate ADX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate ADX'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 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
What is the CEO of ADX Energy's salary, the management and board of directors tenure and is there insider trading?
4.3yrs
Average management tenure
CEO
Paul Fink 0
4.3yrs
Tenure
AU$300,850
Compensation
Mr. Paul Fink, MSc, has been the Chief Executive Officer and Executive Director of ADX Energy Ltd. (Alternate Name: Audax Resources Ltd.) since September 28, 2015. Mr. Fink serves as a Technical Director o ...
CEO Compensation Analysis
Compensation vs Market: Paul's total compensation ($USD206.17K) is about average for companies of similar size in the Australian market ($USD255.57K).
Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.
Management Age and Tenure
4.3yrs
Average Tenure
Experienced Management: ADX's management team is considered experienced (4.3 years average tenure).
Board Age and Tenure
4.3yrs
Average Tenure
Experienced Board: ADX's board of directors are considered experienced (4.3 years average tenure).
Insider Trading
Insider Buying: ADX insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chairman of the Board Executive Chairman |
| Shares | 800,000 |
| Max Price | AU$0.01 |
| Entity | Individual |
| Role | Chairman of the Board Executive Chairman |
| Shares | 800,000 |
| Max Price | AU$0.01 |
| Entity | Individual |
| Role | Chairman of the Board Executive Chairman |
| Shares | 1,000,000 |
| Max Price | AU$0.012 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Director |
| Shares | 200,000 |
| Max Price | AU$0.0082 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Director |
| Shares | 200,000 |
| Max Price | AU$0.0072 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Director |
| Shares | 200,000 |
| Max Price | AU$0.0062 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Director |
| Shares | 200,000 |
| Max Price | AU$0.0072 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Director |
| Shares | 600,000 |
| Max Price | AU$0.0072 |
| Entity | Company |
| Shares | 47,163,210 |
| Max Price | AU$0.01 |
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.8%.
Management Team
Peter Ironside (65yo)
Company Secretary
- Tenure: 24.8yrs
- Compensation: AU$30.00k
Ian Tchacos
Executive Chairman
- Tenure: 4.3yrs
- Compensation: AU$377.13k
Paul Fink
CEO, Technical Director & Executive Director
- Tenure: 4.3yrs
- Compensation: AU$300.85k
Amanda Sparks
Joint Company Secretary
- Tenure: 4.2yrs
- Compensation: AU$9.60k
Board Members
Ian Tchacos
Executive Chairman
- Tenure: 4.3yrs
- Compensation: AU$377.13k
Andrew Childs (60yo)
Non-Executive Director
- Tenure: 10.1yrs
- Compensation: AU$33.00k
Paul Fink
CEO, Technical Director & Executive Director
- Tenure: 4.3yrs
- Compensation: AU$300.85k
Rob Brown
Non Executive Director
- Tenure: 3.2yrs
- Compensation: AU$50.81k
Philip Haydn-Slater (58yo)
Non Executive Director
- Tenure: 2.4yrs
- Compensation: AU$46.63k
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$13.728m
- Shares outstanding: 1.53b
- Website: https://adx-energy.com
Location
- ADX Energy Ltd
- 210 Bagot Road
- Suite 14
- Perth
- Western Australia
- 6008
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ADX | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Jan 1992 |
| ADXR.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jan 1992 |
| GHU | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
| GHU | BST (Boerse-Stuttgart) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
| ADX | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Jan 1992 |
Biography
ADX Energy Ltd engages in the exploration of oil and gas properties. It owns oil and gas assets in Tunisia, Italy, and Romania. The company was formerly known as AuDAX Resources Ltd. ADX Energy Ltd was inc ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/08 10:31 |
| End of Day Share Price | 2019/12/05 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.