ASX:CE1

Stock Analysis Report

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Market Cap

AU$82.2m

Last Updated

2021/06/24 08:04 UTC

Data Sources

Company Financials +

Share Price & News

How has Calima Energy's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CE1 is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 22% a week.

Volatility Over Time: CE1's weekly volatility (22%) has been stable over the past year, but is still higher than 75% of Australian stocks.


Market Performance


7 Day Return

0%

CE1

-3.2%

AU Oil and Gas

-0.8%

AU Market


1 Year Return

100.0%

CE1

25.2%

AU Oil and Gas

29.1%

AU Market

Return vs Industry: CE1 exceeded the Australian Oil and Gas industry which returned 25.2% over the past year.

Return vs Market: CE1 exceeded the Australian Market which returned 29.1% over the past year.


Shareholder returns

CE1IndustryMarket
7 Day0%-3.2%-0.8%
30 Day-15.8%4.6%2.7%
90 Dayn/a-1.6%6.7%
1 Year100.0%100.0%28.3%25.2%33.3%29.1%
3 Year-84.6%-84.6%-18.4%-26.2%32.9%17.2%
5 Year-61.9%-61.9%18.0%1.7%69.8%38.1%

Long-Term Price Volatility Vs. Market

How volatile is Calima Energy's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Calima Energy undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CE1 (A$0.01) is trading below our estimate of fair value (A$0.03)

Significantly Below Fair Value: CE1 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CE1 is unprofitable, so we can't compare its PE Ratio to the Australian Oil and Gas industry average.

PE vs Market: CE1 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 CE1's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CE1 is good value based on its PB Ratio (0.3x) compared to the AU Oil and Gas industry average (2.2x).


Future Growth

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

28.7%

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 (1.9%).

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 earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: CE1's revenue (28.7% per year) is forecast to grow faster than the Australian market (5.4% per year).

High Growth Revenue: CE1's revenue (28.7% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CE1's Return on Equity is forecast to be low in 3 years time (14%).


Past Performance

How has Calima Energy performed over the past 5 years?

12.4%

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, but has reduced losses over the past 5 years at a rate of 12.4% 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 (-5.3%).


Return on Equity

High ROE: CE1 has a negative Return on Equity (-11.24%), as it is currently unprofitable.


Financial Health

How is Calima Energy's financial position?


Financial Position Analysis

Short Term Liabilities: CE1's short term assets (A$1.8M) exceed its short term liabilities (A$1.7M).

Long Term Liabilities: CE1's short term assets (A$1.8M) do not cover its long term liabilities (A$5.1M).


Debt to Equity History and Analysis

Debt Level: CE1's debt to equity ratio (1.5%) 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 7 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: CE1 is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.


Dividend

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


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.


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 CE1'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?

2.5yrs

Average management tenure


CEO

Jordan Kevol

0.083

Tenure

Mr. Jordan Kevol has been Managing Director,Chief Executive Officer, President and Director of Calima Energy Limited since May 3, 2021. He has been the President of Petro Uno Resources Limited since Januar...


Leadership Team

Experienced Management: CE1's management team is considered experienced (2.5 years average tenure).


Board Members

Experienced Board: CE1's board of directors are not considered experienced ( 1.7 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: 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 substantially diluted in the past year, with total shares outstanding growing by 376.6%.


Top Shareholders

Company Information

Calima Energy Limited's company bio, 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
  • Market Cap: AU$82.192m
  • Shares outstanding: 10.27b
  • Website: https://www.calimaenergy.com

Location

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

Listings


Biography

Calima Energy Limited engages in the exploration and production of oil and gas properties. The company owns 100% drilling and production rights in the Montney Formation covering an area of 61,000 acres in ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/24 08:04
End of Day Share Price2021/06/23 00:00
Earnings2020/12/31
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.