Armour Energy Limited, together with its subsidiaries, focuses on the discovery, development, and production of natural oil and gas, and associated liquid resources in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.023|
|52 Week High||AU$0.022|
|52 Week Low||AU$0.064|
|1 Month Change||-30.30%|
|3 Month Change||-23.33%|
|1 Year Change||-41.03%|
|3 Year Change||-75.00%|
|5 Year Change||-69.74%|
|Change since IPO||-94.77%|
Recent News & Updates
Is Armour Energy (ASX:AJQ) Using Too Much Debt?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
|AJQ||AU Oil and Gas||AU Market|
Return vs Industry: AJQ underperformed the Australian Oil and Gas industry which returned 48.7% over the past year.
Return vs Market: AJQ underperformed the Australian Market which returned 20.2% over the past year.
Stable Share Price: AJQ is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: AJQ's weekly volatility (11%) has been stable over the past year.
About the Company
Armour Energy Limited, together with its subsidiaries, focuses on the discovery, development, and production of natural oil and gas, and associated liquid resources in Australia. It operates in two segments: Exploration, Evaluation, and Appraisal Activities; and Production and Development of Petroleum Products. The company holds interests in a portfolio of projects located in Surat, Northern, Cooper, and Southern Basins.
Armour Energy Fundamentals Summary
|AJQ fundamental statistics|
Is AJQ overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|AJQ income statement (TTM)|
|Cost of Revenue||AU$22.15m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0062|
|Net Profit Margin||-66.23%|
How did AJQ perform over the long term?See historical performance and comparison
Is Armour 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: Insufficient data to calculate AJQ's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate AJQ's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: AJQ is unprofitable, so we can't compare its PE Ratio to the Australian Oil and Gas industry average.
PE vs Market: AJQ 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 AJQ's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AJQ is good value based on its PB Ratio (0.9x) compared to the AU Oil and Gas industry average (2.5x).
How is Armour Energy forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AJQ is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: AJQ is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: AJQ's is expected to become profitable in the next 3 years.
Revenue vs Market: AJQ's revenue (57.7% per year) is forecast to grow faster than the Australian market (5.4% per year).
High Growth Revenue: AJQ's revenue (57.7% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AJQ's Return on Equity is forecast to be low in 3 years time (18%).
How has Armour Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AJQ is currently unprofitable.
Growing Profit Margin: AJQ is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AJQ is unprofitable, but has reduced losses over the past 5 years at a rate of 23.3% per year.
Accelerating Growth: Unable to compare AJQ's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AJQ 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: AJQ has a negative Return on Equity (-23.41%), as it is currently unprofitable.
How is Armour Energy's financial position?
Financial Position Analysis
Short Term Liabilities: AJQ's short term assets (A$7.4M) do not cover its short term liabilities (A$23.5M).
Long Term Liabilities: AJQ's short term assets (A$7.4M) do not cover its long term liabilities (A$31.6M).
Debt to Equity History and Analysis
Debt Level: AJQ's debt to equity ratio (75.7%) is considered high.
Reducing Debt: AJQ's debt to equity ratio has increased from 25.4% to 75.7% over the 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: AJQ has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AJQ has less than a year of cash runway if free cash flow continues to reduce at historical rates of 13.8% each year
What is Armour Energy current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AJQ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AJQ'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 AJQ's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AJQ'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 AJQ'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 management tenure
Brad Lingo (60 yo)
Mr. Bradley William Lingo, also known as Brad, BA (hons), Juris Doctorate, MAICD, has been Chief Executive Officer of Armour Energy Limited since June 12, 2020. He has been Chairman at Pilot Energy Limited...
CEO Compensation Analysis
Compensation vs Market: Brad's total compensation ($USD311.92K) is about average for companies of similar size in the Australian market ($USD302.06K).
Compensation vs Earnings: Brad's compensation has increased whilst the company is unprofitable.
Experienced Management: AJQ's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Experienced Board: AJQ's board of directors are considered experienced (9.6 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 substantially diluted in the past year, with total shares outstanding growing by 60.7%.
Armour Energy Limited's employee growth, exchange listings and data sources
- Name: Armour Energy Limited
- Ticker: AJQ
- Exchange: ASX
- Founded: 2009
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: AU$42.928m
- Shares outstanding: 1.87b
- Website: https://www.armourenergy.com.au
Number of Employees
- Armour Energy Limited
- 111 Eagle Street
- Level 27
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/20 15:31|
|End of Day Share Price||2021/10/20 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.