East Energy Resources Limited operates as a coal exploration and development company in Australia.
Excellent balance sheet and overvalued.
Share Price & News
How has East Energy Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EER's share price has been volatile over the past 3 months.
7 Day Return
AU Oil and Gas
1 Year Return
AU Oil and Gas
Return vs Industry: Insufficient data to determine how EER performed against the Australian Oil and Gas industry.
Return vs Market: Insufficient data to determine how EER performed against the Australian Market.
Price Volatility Vs. Market
How volatile is East Energy Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 months ago | Simply Wall StEast Energy Resources (ASX:EER) Is Carrying A Fair Bit Of Debt
9 months ago | Simply Wall StIf You Had Bought East Energy Resources (ASX:EER) Stock Three Years Ago, You Could Pocket A 100% Gain Today
1 year ago | Simply Wall StAre East Energy Resources Limited's (ASX:EER) Interest Costs Too High?
Is East Energy Resources undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate EER's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate EER's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: EER is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: EER 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 EER's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: EER is good value based on its PB Ratio (1.1x) compared to the AU Oil and Gas industry average (1.1x).
How is East Energy Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 East Energy Resources 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.
- Examine East Energy Resources's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- East Energy Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
How has East Energy Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EER is currently unprofitable.
Growing Profit Margin: EER is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: EER is unprofitable, but has reduced losses over the past 5 years at a rate of 14.7% per year.
Accelerating Growth: Unable to compare EER's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: EER is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-0.7%).
Return on Equity
High ROE: EER has a negative Return on Equity (-16.39%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is East Energy Resources's financial position?
Financial Position Analysis
Short Term Liabilities: EER's short term assets (A$907.2K) exceed its short term liabilities (A$18.3K).
Long Term Liabilities: EER's short term assets (A$907.2K) do not cover its long term liabilities (A$1.4M).
Debt to Equity History and Analysis
Debt Level: EER's debt to equity ratio (12.1%) is considered satisfactory.
Reducing Debt: EER's debt to equity ratio has reduced from 32% to 12.1% over the past 5 years.
Inventory Level: EER has a high level of physical assets or inventory.
Debt Coverage by Assets: EER's debt is not covered by short term assets (assets are 0.6x debt).
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: EER has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: EER has sufficient cash runway for 1.3 years if free cash flow continues to grow at historical rates of 32.1% each year.
What is East Energy Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate EER's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate EER'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 EER's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if EER'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 EER's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Rex Littlewood (68yo)
Mr. Rex Anthony Littlewood, B.Sc., MAICD has been Chairman and Managing Director of East Energy Resources Limited since May 24, 2018. Mr. Littlewood has been Director of Project Management In The Midlands ...
CEO Compensation Analysis
Compensation vs Market: Rex's total compensation ($USD95.91K) is below average for companies of similar size in the Australian market ($USD250.90K).
Compensation vs Earnings: Rex's compensation has increased whilst the company is unprofitable.
|Chairman & MD||1.8yrs||AU$145.25k||no data|
|Company Secretary & Non-Executive Director||12.6yrs||AU$54.00k||0.0069% A$879.6|
|Non-Executive Director||1.8yrs||AU$22.25k||no data|
Experienced Board: EER's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
East Energy Resources Limited's company bio, employee growth, exchange listings and data sources
- Name: East Energy Resources Limited
- Ticker: EER
- Exchange: ASX
- Founded: 2007
- Industry: Coal and Consumable Fuels
- Sector: Energy
- Market Cap: AU$12.804m
- Shares outstanding: 3.20b
- Website: https://www.eastenergy.com.au
- East Energy Resources Limited
- 22 Mount Street
- Level 2
- Western Australia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|EER||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||May 2013|
|EER||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||May 2013|
East Energy Resources Limited operates as a coal exploration and development company in Australia. It owns a 100% interest in the Blackall project that consists of three main coal resource areas in three tenements located in the Eastern Eromanga Basin in central Western Queensland. The company was founded in 2007 and is based in Perth, Australia. East Energy Resources Limited is a subsidiary of Maylion Pty Ltd.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/26 10:36|
|End of Day Share Price||2020/02/20 00:00|
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.