African Energy Resources Limited develops various power projects in Botswana.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.038|
|52 Week High||AU$0.016|
|52 Week Low||AU$0.045|
|1 Month Change||0%|
|3 Month Change||72.73%|
|1 Year Change||72.73%|
|3 Year Change||111.11%|
|5 Year Change||-13.64%|
|Change since IPO||-76.25%|
Recent News & Updates
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...
|AFR||AU Oil and Gas||AU Market|
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.
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
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
|AFR fundamental statistics|
Is AFR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|AFR income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0059|
|Net Profit Margin||0.00%|
How did AFR perform over the long term?See historical performance and comparison
Is African Energy Resources 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: 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).
How is African Energy Resources 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 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.
How has African Energy Resources performed over the past 5 years?
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.
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.
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
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
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.
Experienced Board: AFR's board of directors are seasoned and experienced ( 13.9 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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10.2%.
African Energy Resources Limited's employee growth, exchange listings and data sources
- 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
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Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 07:01|
|End of Day Share Price||2021/10/18 00:00|
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.