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AFR

African Energy ResourcesASX:AFR Stock Report

Market Cap

AU$25.4m

7D

8.6%

1Y

72.7%

Updated

18 Oct, 2021

Data

Company Financials
AFR fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

AFR Overview

African Energy Resources Limited develops various power projects in Botswana.

Price History & Performance

Summary of all time highs, changes and price drops for African Energy Resources
Historical stock prices
Current Share PriceAU$0.038
52 Week HighAU$0.016
52 Week LowAU$0.045
Beta2.22
1 Month Change0%
3 Month Change72.73%
1 Year Change72.73%
3 Year Change111.11%
5 Year Change-13.64%
Change since IPO-76.25%

Recent News & Updates

Sep 02
We're Not Worried About African Energy Resources' (ASX:AFR) Cash Burn

We're Not Worried About African Energy Resources' (ASX:AFR) Cash Burn

Just because a business does not make any money, does not mean that the stock will go down. Indeed, African Energy...

Shareholder Returns

AFRAU Oil and GasAU Market
7D8.6%0.5%0.9%
1Y72.7%48.9%20.2%

Return vs Industry: AFR exceeded the Australian Oil and Gas industry which returned 48.9% over the past year.

Return vs Market: AFR exceeded the Australian Market which returned 20.2% over the past year.

Price Volatility

Is AFR's price volatile compared to industry and market?
AFR volatility
AFR Beta2.22
Industry Beta1.28
Market Beta1

Stable Share Price: AFR is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 20% a week.

Volatility Over Time: AFR's weekly volatility (20%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2006n/aFrazer Metallicahttps://www.africanenergyresources.com

African Energy Resources Limited develops various power projects in Botswana. The company operates through Coal-fired Power Projects and Power Investments segments. The company holds interests in Briggs, Mannersley and Fig Tree Hill Porphyry Copper Project comprising 3 exploring permits covering an area of approximately 241 square kilometers; the Mmamantswe coal project and Mmamabula West coal project; and various other projects.

African Energy Resources Fundamentals Summary

How do African Energy Resources's earnings and revenue compare to its market cap?
AFR fundamental statistics
Market CapUS$18.86m
Earnings (TTM)-US$4.05m
Revenue (TTM)n/a

0x

P/S Ratio

-4.8x

P/E Ratio

Valuation

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

1.96x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

PE vs Market: AFR 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 AFR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: AFR is good value based on its PB Ratio (2x) compared to the AU Oil and Gas industry average (2.5x).


Future Growth

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

7.8%

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 African Energy Resources 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 African Energy Resources performed over the past 5 years?

-15.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AFR is currently unprofitable.

Growing Profit Margin: AFR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AFR is unprofitable, and losses have increased over the past 5 years at a rate of 15.8% per year.

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

Earnings vs Industry: AFR 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: AFR has a negative Return on Equity (-41.09%), as it is currently unprofitable.


Financial Health

How is African Energy Resources's financial position?


Financial Position Analysis

Short Term Liabilities: AFR's short term assets ($6.5M) exceed its short term liabilities ($81.0K).

Long Term Liabilities: AFR has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: AFR is debt free.

Reducing Debt: AFR has not had any debt for 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: AFR has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: AFR has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 38.2% each year


Dividend

What is African Energy Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate AFR'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 AFR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AFR'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 AFR'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?

13.9yrs

Average board tenure


CEO

Frazer Metallica

13.92yrs

Tenure

US$119,900

Compensation

Dr. Charles Tabeart Terra Metallica, also known as Frazer, Ph D., BSc (Hons) ARSM, MAIG has been the Chief Executive officer and Managing Director at African Energy Resources Limited (also known as African...


CEO Compensation Analysis

Compensation vs Market: Frazer's total compensation ($USD119.90K) is below average for companies of similar size in the Australian market ($USD302.72K).

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


Board Members

Experienced Board: AFR's board of directors are seasoned and experienced ( 13.9 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 been diluted in the past year, with total shares outstanding growing by 10.2%.


Top Shareholders

Company Information

African Energy Resources Limited's employee growth, exchange listings and data sources


Key Information

  • Name: African Energy Resources Limited
  • Ticker: AFR
  • Exchange: ASX
  • Founded: 2006
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Market Cap: AU$25.408m
  • Shares outstanding: 686.71m
  • Website: https://www.africanenergyresources.com

Location

  • African Energy Resources Limited
  • Granite House
  • La Grande Rue
  • St Martin
  • GY1 3RS
  • Guernsey

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 07:01
End of Day Share Price2021/10/18 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.