ASX:ATS

Stock Analysis Report

Australis Oil & Gas

Executive Summary

Australis Oil & Gas Limited engages in the oil and gas exploration, development, and production activities.

Snowflake

Fundamentals

High growth potential with excellent balance sheet.


Similar Companies

Share Price & News

How has Australis Oil & Gas's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-6.5%

ATS

2.6%

AU Oil and Gas

0.4%

AU Market


1 Year Return

-66.7%

ATS

-10.4%

AU Oil and Gas

9.8%

AU Market

Return vs Industry: ATS underperformed the Australian Oil and Gas industry which returned -10.4% over the past year.

Return vs Market: ATS underperformed the Australian Market which returned 9.8% over the past year.


Shareholder returns

ATSIndustryMarket
7 Day-6.5%2.6%0.4%
30 Day-19.4%-1.2%-1.1%
90 Day-40.8%1.9%-0.6%
1 Year-66.7%-66.7%-6.7%-10.4%16.1%9.8%
3 Year-39.6%-39.6%16.3%4.1%36.1%17.9%
5 Yearn/a-12.2%-28.2%49.4%15.7%

Price Volatility Vs. Market

How volatile is Australis Oil & Gas's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Australis Oil & Gas undervalued compared to its fair value and its price relative to the market?

18.61x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate ATS's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate ATS's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: ATS is poor value based on its PE Ratio (18.6x) compared to the Oil and Gas industry average (9.2x).

PE vs Market: ATS is poor value based on its PE Ratio (18.6x) compared to the Australian market (18.2x).


Price to Earnings Growth Ratio

Low PEG Ratio: ATS is good value based on its PEG Ratio (0.3x)


Price to Book Ratio

PB vs Industry: ATS is good value based on its PB Ratio (0.5x) compared to the AU Oil and Gas industry average (1.3x).


Next Steps

Future Growth

How is Australis Oil & Gas forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

70.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ATS's forecast earnings growth (70.4% per year) is above the savings rate (2.3%).

Earnings vs Market: ATS's earnings (70.4% per year) are forecast to grow faster than the Australian market (10.3% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ATS's revenue (62.7% per year) is forecast to grow faster than the Australian market (3.6% per year).

High Growth Revenue: ATS's revenue (62.7% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: ATS's Return on Equity is forecast to be low in 3 years time (10.5%).


Next Steps

Past Performance

How has Australis Oil & Gas performed over the past 5 years?

118.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: ATS's earnings have grown significantly by 118.1% per year over the past 5 years.

Accelerating Growth: ATS's earnings growth over the past year (553.3%) exceeds its 5-year average (118.1% per year).

Earnings vs Industry: ATS earnings growth over the past year (553.3%) exceeded the Oil and Gas industry 68.1%.


Return on Equity

High ROE: ATS's Return on Equity (2.7%) is considered low.


Return on Assets

ROA vs Industry: ATS's Return on Assets is below or equal to the Oil and Gas industry average last year.


Return on Capital Employed

ROCE Improving: ATS's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Australis Oil & Gas's financial position?


Financial Position Analysis

Short Term Liabilities: ATS's short term assets ($37.3M) exceeds its short term liabilities ($24.8M)

Long Term Liabilities: ATS's short term assets (37.3M) exceeds its long term liabilities (16.8M)


Debt to Equity History and Analysis

Debt Level: ATS's debt to equity ratio (10.1%) is considered satisfactory

Reducing Debt: Insufficient data to determine if ATS's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: ATS's debt is well covered by operating cash flow (58.1%).

Interest Coverage: ATS's interest payments on its debt are well covered by EBIT (12.5x coverage).


Balance Sheet

Inventory Level: ATS has a high level of physical assets or inventory.

Debt Coverage by Assets: ATS's debt is covered by short term assets (assets are 2.057730x debt).


Next Steps

Dividend

What is Australis Oil & Gas's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.4%markettop25%5.6%industryaverage4.5%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

High Dividend: Unable to evaluate ATS's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if ATS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ATS'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 ATS'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 Australis Oil & Gas's salary, the management and board of directors tenure and is there insider trading?

3.9yrs

Average management tenure


CEO

Ian Lusted 0

3.9yrs

Tenure

US$674,788

Compensation

Mr. Ian Lincoln Lusted, B.Sc (Hons.), MBA, has been the Chief Executive Officer and Managing Director of Australis Oil & Gas Limited since December 1, 2015. Mr. Lusted served as Technical Director of Auro ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Ian's total compensation is reasonable compared to companies of similar size in the Australian market.

Compensation vs Earnings: Ian's compensation has been consistent with company performance over the past year.


Management Age and Tenure

3.9yrs

Average Tenure

Experienced Management: ATS's management team is considered experienced (3.9 years average tenure).


Board Age and Tenure

3.9yrs

Average Tenure

Experienced Board: ATS's board of directors are considered experienced (3.9 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$321,79001 Jul 19
Health Employees Superannuation Trust Australia
EntityCompany
Shares1,297,081
Max PriceUS$0.26
BuyUS$7,238,11627 Jun 19
Challenger Limited
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Shares20,782,756
Max PriceUS$0.35
SellUS$1,589,18327 Jun 19
Challenger Limited
EntityCompany
Shares4,627,275
Max PriceUS$0.34
BuyUS$3,701,66320 Jun 19
Kinetic Investment Partners Limited
EntityCompany
Shares14,128,595
Max PriceUS$0.26
BuyUS$18,068,22213 Jun 19
Kinetic Investment Partners Limited
EntityCompany
Shares63,309,469
Max PriceUS$0.29
SellUS$6,753,77013 Jun 19
Kinetic Investment Partners Limited
EntityCompany
Shares19,005,185
Max PriceUS$0.36
BuyUS$100,00006 May 19
Alan James Watson
EntityIndividual
Role
Member of the Board of Directors
Independent Non-Executive Director
Shares285,715
Max PriceUS$0.35
BuyUS$999,99802 May 19
Jonathan Stewart
EntityIndividual
Role
Chairman of the Board
Non-Executive Chairman
Shares2,857,143
Max PriceUS$0.35
BuyUS$25,67117 Mar 19
Stephen Scudamore
EntityIndividual
Role
Member of the Board of Directors
Independent Non-Executive Director
Shares98,787
Max PriceUS$0.26
BuyUS$30,74614 Mar 19
Ian Lusted
EntityIndividual
Role
Chief Executive Officer
CEO, MD & Director
Shares135,662
Max PriceUS$0.23
BuyUS$205,44913 Mar 19
Jonathan Stewart
EntityIndividual
Role
Chairman of the Board
Non-Executive Chairman
Shares935,000
Max PriceUS$0.22
BuyUS$48,00011 Mar 19
Graham Dowland
EntityIndividual
Role
Member of the Board of Directors
Finance Director
Shares200,000
Max PriceUS$0.24
BuyUS$509,15307 Mar 19
Health Employees Superannuation Trust Australia
EntityCompany
Shares1,454,724
Max PriceUS$0.35
BuyUS$59,37505 Mar 19
Ian Lusted
EntityIndividual
Role
Chief Executive Officer
CEO, MD & Director
Shares250,000
Max PriceUS$0.24
BuyUS$4,596,30813 Feb 19
Greencape Capital Pty Ltd
EntityCompany
Shares12,534,994
Max PriceUS$0.47
SellUS$462,25213 Feb 19
Greencape Capital Pty Ltd
EntityCompany
Shares1,214,313
Max PriceUS$0.45
BuyUS$1,328,25211 Feb 19
Health Employees Superannuation Trust Australia
EntityCompany
Shares3,538,821
Max PriceUS$0.39
BuyUS$152,20004 Dec 18
Jonathan Stewart
EntityIndividual
Role
Chairman of the Board
Non-Executive Chairman
Shares500,000
Max PriceUS$0.30
BuyUS$30,29103 Dec 18
Stephen Scudamore
EntityIndividual
Role
Member of the Board of Directors
Independent Non-Executive Director
Shares100,000
Max PriceUS$0.30
BuyUS$45,00003 Dec 18
Ian Lusted
EntityIndividual
Role
Chief Executive Officer
CEO, MD & Director
Shares150,000
Max PriceUS$0.30
BuyUS$31,35029 Nov 18
Alan James Watson
EntityIndividual
Role
Member of the Board of Directors
Independent Non-Executive Director
Shares100,000
Max PriceUS$0.31
BuyUS$157,44529 Nov 18
Jonathan Stewart
EntityIndividual
Role
Chairman of the Board
Non-Executive Chairman
Shares500,000
Max PriceUS$0.31

Ownership Breakdown


Management Team

  • Darren Wasylucha

    Chief Corporate Officer

    • Tenure: 1.8yrs
    • Compensation: US$439.95k
  • Graham Dowland

    Finance Director

    • Tenure: 3.9yrs
    • Compensation: US$507.69k
  • Ian Lusted

    CEO, MD & Director

    • Tenure: 3.9yrs
    • Compensation: US$674.79k
  • Julie Foster

    VP of Finance & Company Secretary

    • Tenure: 3.9yrs
  • Mal Bult

    Vice President of Corporate & Business Development

    • Tenure: 0yrs
  • Michael Verm (60yo)

    Chief Operating Officer

    • Tenure: 3.7yrs
    • Compensation: US$611.58k

Board Members

  • Graham Dowland

    Finance Director

    • Tenure: 3.9yrs
    • Compensation: US$507.69k
  • Jon Stewart (56yo)

    Non-Executive Chairman

    • Tenure: 3.9yrs
    • Compensation: US$195.81k
  • Alan James Watson

    Independent Non-Executive Director

    • Tenure: 3.4yrs
    • Compensation: US$75.74k
  • Ian Lusted

    CEO, MD & Director

    • Tenure: 3.9yrs
    • Compensation: US$674.79k
  • Steve Scudamore (67yo)

    Independent Non-Executive Director

    • Tenure: 2.9yrs
    • Compensation: US$83.59k

Company Information

Australis Oil & Gas Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Australis Oil & Gas Limited
  • Ticker: ATS
  • Exchange: ASX
  • Founded: 2015
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: AU$142.780m
  • Shares outstanding: 984.69m
  • Website: https://www.australisoil.com

Location

  • Australis Oil & Gas Limited
  • Allendale Square
  • Level 29
  • Perth
  • Western Australia
  • 6000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ATSASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJul 2016
ATSCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJul 2016
ASTT.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJul 2016

Biography

Australis Oil & Gas Limited engages in the oil and gas exploration, development, and production activities. The company operates through Oil & Gas Production, Exploration, and Other segments. The company h ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/19 10:41
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.