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ATS

Australis Oil & GasASX:ATS Stock Report

Market Cap

AU$85.8m

7D

8.8%

1Y

196.0%

Updated

20 Oct, 2021

Data

Company Financials +
ATS fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

ATS Overview

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

Australis Oil & Gas Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Australis Oil & Gas
Historical stock prices
Current Share PriceAU$0.074
52 Week HighAU$0.024
52 Week LowAU$0.074
Beta3.87
1 Month Change68.18%
3 Month Change54.17%
1 Year Change196.00%
3 Year Change-82.59%
5 Year Change-68.51%
Change since IPO-70.98%

Recent News & Updates

Sep 10
We Think Australis Oil & Gas (ASX:ATS) Can Stay On Top Of Its Debt

We Think Australis Oil & Gas (ASX:ATS) Can Stay On Top Of Its Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Shareholder Returns

ATSAU Oil and GasAU Market
7D8.8%0.2%1.7%
1Y196.0%48.7%20.2%

Return vs Industry: ATS exceeded the Australian Oil and Gas industry which returned 48.7% over the past year.

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

Price Volatility

Is ATS's price volatile compared to industry and market?
ATS volatility
ATS Beta3.87
Industry Beta1.28
Market Beta1

Stable Share Price: ATS is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: ATS's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2015n/aIan Lustedhttps://www.australisoil.com

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 holds 100% interest in the Tuscaloosa Marine Shale covering an area of 107,500 net acres located in Louisiana and Mississippi, the United States.

Australis Oil & Gas Fundamentals Summary

How do Australis Oil & Gas's earnings and revenue compare to its market cap?
ATS fundamental statistics
Market CapUS$64.14m
Earnings (TTM)-US$1.07m
Revenue (TTM)US$22.71m

2.9x

P/S Ratio

-62.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ATS income statement (TTM)
RevenueUS$22.71m
Cost of RevenueUS$14.61m
Gross ProfitUS$8.10m
ExpensesUS$9.17m
Earnings-US$1.07m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.00088
Gross Margin35.66%
Net Profit Margin-4.72%
Debt/Equity Ratio31.3%

How did ATS perform over the long term?

See historical performance and comparison

Valuation

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

1.1x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: ATS is good value based on its PB Ratio (1.1x) compared to the AU Oil and Gas industry average (2.5x).


Future Growth

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

8.1%

Forecasted Energy industry annual growth in earnings


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if ATS's forecast earnings growth is above the savings rate (1.9%).

Earnings vs Market: Insufficient data to determine if ATS's earnings are forecast to grow faster than the Australian market

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

Revenue vs Market: Insufficient data to determine if ATS's revenue is forecast to grow faster than the Australian market.

High Growth Revenue: Insufficient data to determine if ATS's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if ATS's Return on Equity is forecast to be high in 3 years time


Past Performance

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

-68.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ATS is currently unprofitable.

Growing Profit Margin: ATS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ATS is unprofitable, and losses have increased over the past 5 years at a rate of 68.3% per year.

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

Earnings vs Industry: ATS 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: ATS has a negative Return on Equity (-1.76%), as it is currently unprofitable.


Financial Health

How is Australis Oil & Gas's financial position?


Financial Position Analysis

Short Term Liabilities: ATS's short term assets ($14.1M) do not cover its short term liabilities ($14.3M).

Long Term Liabilities: ATS's short term assets ($14.1M) do not cover its long term liabilities ($18.5M).


Debt to Equity History and Analysis

Debt Level: ATS's debt to equity ratio (31.3%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if ATS's debt to equity ratio has reduced over the 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: Whilst unprofitable ATS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: ATS is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 7.2% per year.


Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate ATS'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 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

How experienced are the management team and are they aligned to shareholders interests?

5.9yrs

Average management tenure


CEO

Ian Lusted

5.92yrs

Tenure

US$510,500

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: Ian's total compensation ($USD510.50K) is above average for companies of similar size in the Australian market ($USD302.06K).

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


Leadership Team

Experienced Management: ATS's management team is seasoned and experienced (5.9 years average tenure).


Board Members

Experienced Board: ATS's board of directors are considered experienced (5.9 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 22.8%.


Top Shareholders

Company Information

Australis Oil & Gas Limited's 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$85.788m
  • Shares outstanding: 1.21b
  • Website: https://www.australisoil.com

Location

  • Australis Oil & Gas Limited
  • 215 Hay Street
  • Ground Floor
  • Subiaco
  • Western Australia
  • 6008
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 07:02
End of Day Share Price2021/10/20 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.