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CE1

Calima Energy ASX:CE1 Stock Report

Last Price

AU$0.17

Market Cap

AU$101.4m

7D

0%

1Y

-2.8%

Updated

28 Jun, 2022

Data

Company Financials +
CE1 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance0/6
Financial Health2/6
Dividends0/6

CE1 Stock Overview

Calima Energy Limited explores for and develops oil and natural gas assets in the Western Canadian Sedimentary Basin.

Calima Energy Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Calima Energy
Historical stock prices
Current Share PriceAU$0.17
52 Week HighAU$0.28
52 Week LowAU$0.15
Beta2.65
1 Month Change-12.50%
3 Month Change-14.63%
1 Year Change-2.78%
3 Year Change-51.39%
5 Year Change-73.49%
Change since IPO-99.17%

Recent News & Updates

Apr 28
We Think Calima Energy (ASX:CE1) Has A Fair Chunk Of Debt

We Think Calima Energy (ASX:CE1) Has A Fair Chunk Of 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

CE1AU Oil and GasAU Market
7D0%0.2%2.8%
1Y-2.8%24.9%-9.6%

Return vs Industry: CE1 underperformed the Australian Oil and Gas industry which returned 24.9% over the past year.

Return vs Market: CE1 exceeded the Australian Market which returned -9.6% over the past year.

Price Volatility

Is CE1's price volatile compared to industry and market?
CE1 volatility
CE1 Average Weekly Movement10.5%
Oil and Gas Industry Average Movement11.8%
Market Average Movement9.8%
10% most volatile stocks in AU Market16.5%
10% least volatile stocks in AU Market4.3%

Stable Share Price: CE1 is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: CE1's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2005n/aJordan Kevolhttps://www.calimaenergy.com

Calima Energy Limited explores for and develops oil and natural gas assets in the Western Canadian Sedimentary Basin. The company is involved in developing oil and natural gas plays at Brooks and Thorsby in southern and central Alberta, Canada. It also holds an undeveloped Montney acreage position in northeastern British Columbia, Canada.

Calima Energy Fundamentals Summary

How do Calima Energy's earnings and revenue compare to its market cap?
CE1 fundamental statistics
Market CapAU$101.41m
Earnings (TTM)-AU$31.98m
Revenue (TTM)AU$38.58m

2.8x

P/S Ratio

-3.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CE1 income statement (TTM)
RevenueAU$38.58m
Cost of RevenueAU$12.78m
Gross ProfitAU$25.80m
Other ExpensesAU$57.78m
Earnings-AU$31.98m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.052
Gross Margin66.87%
Net Profit Margin-82.90%
Debt/Equity Ratio25.3%

How did CE1 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is CE1 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CE1?

Other financial metrics that can be useful for relative valuation.

CE1 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue3.1x
Enterprise Value/EBITDA35.5x
PEG Ration/a

Price to Sales Ratio vs Peers

How does CE1's PS Ratio compare to its peers?

CE1 PS Ratio vs Peers
The above table shows the PS ratio for CE1 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average248.9x
GRV Greenvale Mining
782.6xn/aAU$80.5m
MAY Melbana Energy
210.8xn/aAU$250.9m
AXP AXP Energy
1.3xn/aAU$23.2m
SGC Sacgasco
1.2xn/aAU$9.1m
CE1 Calima Energy
2.8x19.2%AU$101.4m

Price-To-Sales vs Peers: CE1 is good value based on its Price-To-Sales Ratio (2.8x) compared to the peer average (248.9x).


Price to Earnings Ratio vs Industry

How does CE1's PE Ratio compare vs other companies in the AU Oil and Gas Industry?

Price-To-Sales vs Industry: CE1 is good value based on its Price-To-Sales Ratio (2.8x) compared to the Australian Oil and Gas industry average (2.9x)


Price to Sales Ratio vs Fair Ratio

What is CE1's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CE1 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2.8x
Fair PS Ratio8.7x

Price-To-Sales vs Fair Ratio: CE1 is good value based on its Price-To-Sales Ratio (2.8x) compared to the estimated Fair Price-To-Sales Ratio (8.7x).


Share Price vs Fair Value

What is the Fair Price of CE1 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CE1 (A$0.18) is trading below our estimate of fair value (A$0.18)

Significantly Below Fair Value: CE1 is trading below fair value, but not by a significant amount.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CE1's PEG Ratio to determine if it is good value.


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Future Growth

How is Calima Energy forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


19.2%

Forecasted annual revenue growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if CE1's forecast earnings growth is above the savings rate (1.8%).

Earnings vs Market: Insufficient data to determine if CE1's earnings are forecast to grow faster than the Australian market

High Growth Earnings: Insufficient data to determine if CE1's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: CE1's revenue (19.2% per year) is forecast to grow faster than the Australian market (5.2% per year).

High Growth Revenue: CE1's revenue (19.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CE1's Return on Equity is forecast to be high in 3 years time (28%)


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Past Performance

How has Calima Energy performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-40.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CE1 is currently unprofitable.

Growing Profit Margin: CE1 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CE1 is unprofitable, and losses have increased over the past 5 years at a rate of 40.4% per year.

Accelerating Growth: Unable to compare CE1's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CE1 is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (299.7%).


Return on Equity

High ROE: CE1 has a negative Return on Equity (-37.26%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Calima Energy's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: CE1's short term assets (A$11.3M) do not cover its short term liabilities (A$41.8M).

Long Term Liabilities: CE1's short term assets (A$11.3M) do not cover its long term liabilities (A$25.7M).


Debt to Equity History and Analysis

Debt Level: CE1's net debt to equity ratio (20.5%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if CE1'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: CE1 has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if CE1 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


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Dividend

What is Calima Energy current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate CE1's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CE1'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 CE1's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CE1's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as CE1 has not reported any payouts.


Discover strong dividend paying companies

Management

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

3.5yrs

Average management tenure


CEO

Jordan Kevol

1.17yrs

Tenure

AU$328,869

Compensation

Mr. Jordan Kevol has been Managing Director and Director of Calima Energy Limited since May 3, 2021 and also serves as its Chief Executive Officer and President since April 30, 2021. He has been the Presid...


CEO Compensation Analysis

Compensation vs Market: Jordan's total compensation ($USD228.43K) is about average for companies of similar size in the Australian market ($USD289.00K).

Compensation vs Earnings: Insufficient data to compare Jordan's compensation with company performance.


Leadership Team

Experienced Management: CE1's management team is considered experienced (3.5 years average tenure).


Board Members

Experienced Board: CE1's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

Insider Buying: CE1 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 19.6%.


Top Shareholders

Company Information

Calima Energy Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Calima Energy Limited
  • Ticker: CE1
  • Exchange: ASX
  • Founded: 2005
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Implied Market Cap: AU$101.414m
  • Shares outstanding: 614.63m
  • Website: https://www.calimaenergy.com

Location

  • Calima Energy Limited
  • 246-250 Railway Parade
  • Suite 4
  • West Leederville
  • Western Australia
  • 6007
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/28 00:00
End of Day Share Price2022/06/28 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.