ASX:DOR

Stock Analysis Report

Executive Summary

Doriemus plc operates as an oil and gas exploration and production company in the United Kingdom.

Snowflake

Fundamentals

Excellent balance sheet with questionable track record.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: DOR's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

DOR

1.7%

AU Oil and Gas

0.03%

AU Market


1 Year Return

-50.0%

DOR

3.0%

AU Oil and Gas

15.3%

AU Market

Return vs Industry: DOR underperformed the Australian Oil and Gas industry which returned 3% over the past year.

Return vs Market: DOR underperformed the Australian Market which returned 15.3% over the past year.


Shareholder returns

DORIndustryMarket
7 Day0%1.7%0.03%
30 Day0%4.2%0.5%
90 Day47.1%11.9%4.7%
1 Year-50.0%-50.0%7.3%3.0%22.0%15.3%
3 Yearn/a21.1%8.3%40.8%21.6%
5 Yearn/a-4.1%-21.1%56.1%20.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

0.54x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: DOR 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 Doriemus forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.4%

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 Doriemus 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.


Next Steps

Past Performance

How has Doriemus performed over the past 5 years?

-34.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DOR has high quality earnings.

Growing Profit Margin: DOR's current net profit margins (-4852.5%) are higher than last year (-22892.3%).


Past Earnings Growth Analysis

Earnings Trend: DOR is unprofitable, and losses have increased over the past 5 years at a rate of -34.9% per year.

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

Earnings vs Industry: DOR is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (68.1%).


Return on Equity

High ROE: DOR has a negative Return on Equity (-67.56%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Doriemus's financial position?


Financial Position Analysis

Short Term Liabilities: DOR's short term assets (£1.5M) exceeds its short term liabilities (£293.0K)

Long Term Liabilities: DOR has no long term liabilities


Debt to Equity History and Analysis

Debt Level: DOR is debt free.

Reducing Debt: DOR has not had any debt for past 5 years.


Balance Sheet

Inventory Level: DOR has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if DOR's debt is covered by short term assets.


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: DOR has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: DOR has sufficient cash runway for 1.042350 years if free cash flow continues to reduce at historical rates of -28.7% each year.


Next Steps

Dividend

What is Doriemus's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.4%markettop25%5.6%industryaverage4.3%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if DOR'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 DOR'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 Doriemus's salary, the management and board of directors tenure and is there insider trading?

2.2yrs

Average board tenure


CEO

Doriemus has no CEO, or we have no data on them.


Board Age and Tenure

2.2yrs

Average Tenure

Experienced Board: DOR's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.


Insider Trading

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


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 16.8%.


Management Team

  • Julia Beckett

    Joint Company Secretary

    • Tenure: 2.1yrs
  • Greg Lee

    Technical Executive Director & Executive Director

    • Tenure: 2.2yrs
    • Compensation: UK£114.00k

Board Members

  • Don Layman Strang (51yo)

    Non-Executive Director

    • Tenure: 6.7yrs
    • Compensation: UK£119.00k
  • Keith Coughlan

    Non-Executive Chairman

    • Tenure: 0.4yrs
  • Greg Lee

    Technical Executive Director & Executive Director

    • Tenure: 2.2yrs
    • Compensation: UK£114.00k

Company Information

Doriemus plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Doriemus plc
  • Ticker: DOR
  • Exchange: ASX
  • Founded: 1999
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: AU$2.824m
  • Shares outstanding: 50.42m
  • Website: https://www.doriemus.co.uk

Number of Employees


Location

  • Doriemus plc
  • Princes House
  • Suite 3B
  • London
  • Greater London
  • SW1Y 6DN
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DORASX (Australian Securities Exchange)YesCDI 1:1AUAUDSep 2017
DORCHIA (Chi-X Australia)YesCDI 1:1AUAUDSep 2017

Biography

Doriemus plc operates as an oil and gas exploration and production company in the United Kingdom. The company owns a 10% participating interest in the Brockham oil field covering an area of 8.9 square kilo ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/14 10:45
End of Day Share Price2019/10/17 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.