company background image
BAS

Bass OilASX:BAS Stock Report

Market Cap

AU$10.2m

7D

0%

1Y

33.3%

Updated

26 Oct, 2021

Data

Company Financials
BAS fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

BAS Overview

Bass Oil Limited, together with its subsidiaries, engages in the exploration, development, and production of oil and gas in Indonesia.

Price History & Performance

Summary of all time highs, changes and price drops for Bass Oil
Historical stock prices
Current Share PriceAU$0.002
52 Week HighAU$0.001
52 Week LowAU$0.005
Beta1.93
1 Month Change0%
3 Month Change-20.00%
1 Year Change33.33%
3 Year Change-50.00%
5 Year Change0.05%
Change since IPO-99.27%

Recent News & Updates

Mar 11
Here's Why We Think Bass Oil (ASX:BAS) Is Well Worth Watching

Here's Why We Think Bass Oil (ASX:BAS) Is Well Worth Watching

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

Jan 16
Do Its Financials Have Any Role To Play In Driving Bass Oil Limited's (ASX:BAS) Stock Up Recently?

Do Its Financials Have Any Role To Play In Driving Bass Oil Limited's (ASX:BAS) Stock Up Recently?

Bass Oil's (ASX:BAS) stock is up by a considerable 100% over the past month. We wonder if and what role the company's...

Nov 22
How Much Did Bass Oil's (ASX:BAS) CEO Pocket Last Year?

How Much Did Bass Oil's (ASX:BAS) CEO Pocket Last Year?

Tino Guglielmo became the CEO of Bass Oil Limited (ASX:BAS) in 2017, and we think it's a good time to look at the...

Shareholder Returns

BASAU Oil and GasAU Market
7D0%-3.2%0.8%
1Y33.3%48.1%24.4%

Return vs Industry: BAS underperformed the Australian Oil and Gas industry which returned 48.1% over the past year.

Return vs Market: BAS exceeded the Australian Market which returned 24.4% over the past year.

Price Volatility

Is BAS's price volatile compared to industry and market?
BAS volatility
BAS Beta1.93
Industry Beta1.29
Market Beta1

Stable Share Price: BAS is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 51% a week.

Volatility Over Time: BAS's weekly volatility (51%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
1965n/aTino Guglielmohttps://www.bassoil.com.au

Bass Oil Limited, together with its subsidiaries, engages in the exploration, development, and production of oil and gas in Indonesia. It primarily holds a 55% interest in the Tangai-Sukananti KSO production assets located in South Sumatra, Indonesia. The company was formerly known as Bass Strait Oil Company Ltd and changed its name to Bass Oil Limited in March 2017.

Bass Oil Fundamentals Summary

How do Bass Oil's earnings and revenue compare to its market cap?
BAS fundamental statistics
Market CapUS$7.67m
Earnings (TTM)-US$545.18k
Revenue (TTM)US$2.79m

2.8x

P/S Ratio

-15.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BAS income statement (TTM)
RevenueUS$2.79m
Cost of RevenueUS$1.94m
Gross ProfitUS$853.17k
ExpensesUS$1.40m
Earnings-US$545.18k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0001
Gross Margin30.57%
Net Profit Margin-19.54%
Debt/Equity Ratio0%

How did BAS perform over the long term?

See historical performance and comparison

Valuation

Is Bass Oil undervalued compared to its fair value and its price relative to the market?

4.84x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: BAS is overvalued based on its PB Ratio (4.8x) compared to the AU Oil and Gas industry average (2.5x).


Future Growth

How is Bass Oil forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.2%

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 Bass Oil 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 Bass Oil performed over the past 5 years?

62.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BAS is currently unprofitable.

Growing Profit Margin: BAS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BAS is unprofitable, but has reduced losses over the past 5 years at a rate of 62.2% per year.

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

Earnings vs Industry: BAS 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: BAS has a negative Return on Equity (-33.34%), as it is currently unprofitable.


Financial Health

How is Bass Oil's financial position?


Financial Position Analysis

Short Term Liabilities: BAS's short term assets ($1.5M) do not cover its short term liabilities ($2.0M).

Long Term Liabilities: BAS's short term assets ($1.5M) exceed its long term liabilities ($99.6K).


Debt to Equity History and Analysis

Debt Level: BAS is debt free.

Reducing Debt: BAS had no debt 5 years ago.


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 BAS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: BAS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 21.4% per year.


Dividend

What is Bass Oil current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

6.8yrs

Average board tenure


CEO

Tino Guglielmo (62 yo)

4.67yrs

Tenure

US$142,435

Compensation

Mr. Giustino Guglielmo, also known as Tino, MAICD, MSPE, B.Eng (Mech), FIEAust, DipAICD, has been Non-Executive Director of Whitebark Energy Limited since July 08, 2021. He has been the Managing Director o...


CEO Compensation Analysis

Compensation vs Market: Tino's total compensation ($USD142.44K) is below average for companies of similar size in the Australian market ($USD301.38K).

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


Board Members

Experienced Board: BAS's board of directors are considered experienced (6.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: BAS 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 substantially diluted in the past year, with total shares outstanding growing by 53%.


Top Shareholders

Company Information

Bass Oil Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Bass Oil Limited
  • Ticker: BAS
  • Exchange: ASX
  • Founded: 1965
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: AU$10.225m
  • Shares outstanding: 5.11b
  • Website: https://www.bassoil.com.au

Location

  • Bass Oil Limited
  • 11-19 Bank Place
  • Level 5
  • Melbourne
  • Victoria
  • 3000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 07:01
End of Day Share Price2021/10/26 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.