Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Enegex. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Enegex's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Enegex 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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Enegex's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Enegex's earnings growth to the Australia market average as no estimate data is available.
Unable to compare Enegex's revenue growth to the Australia market average as no estimate data is available.
Unable to determine if Enegex is high growth as no earnings estimate data is available.
Unable to determine if Enegex is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Enegex's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Oil and Gas
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
Mr. Graeme Alan Menzies, LL.B., LL.M., serves as the Chief Executive Officer of Enegex Limited. Mr. Menzies served as Company Secretary of Oil Basins Ltd. until 2009. Mr. Menzies has been practicing as a sole practitioner under the name of Menzies & Partners since 1987. His legal practice has covered a wide range of activities including takeovers, litigation in respect thereof, numerous capital raisings and corporate reconstructions. Mr. Menzies is involved in the listing or relisting of a large number of public companies, both industrial and mining. He served as the Chairman of Enegex Limited until April 11, 2017. He has been a Non Executive Director of Moby Oil & Gas Ltd., since October 13, 2003. He has been a Director of Australian Oil & Gas Corp., since January 13, 2012 and Exoil Limited since 2004. He serves as a Non-Executive Director of National Energy Holdings Limited. Mr. Menzies serves as a Director of a number of other private and unlisted public companies. He serves as a Director of Pooled Mining Investments Limited. He served as an Executive Director of Enegex Limited from October 17, 2012 to April 11, 2017. He served as Independent Non-Executive Director of Octanex N.L. from August 26, 2003 to December 18, 2014. He served as a Non-Executive Director of Papyrus Australia Limited from September 2004 to June 17, 2011. He served as a Non-Executive Director at Oil Basins Ltd. from September 27, 2004 to June 30, 2009. He served as a Director of China Cattle Ltd., until December 29, 2008. He served as Non Executive Director at E2 Metals Limited. He served as a Non-executive Director include Ross Mining NL, Shared Investments Limited, Aloren NL and Maple Oil. Since 1987, he has carried on practice as a Sole Practitioner under the name of Menzies & Partners. In the course of his legal practice, he is involved in a wide range of activities including takeovers, litigation in respect thereof, numerous capital raisings and corporate reconstructions. He is a Barrister and Solicitor. Mr. Menzies was admitted to practice in 1972. He graduated from Melbourne University in 1971 and qualified for admission to the degree of Master of Laws in 1975.
Insufficient data for Graeme to compare compensation growth.
Graeme's remuneration is lower than average for companies of similar size in Australia.
Chief Executive Officer
CFO & Company Secretary
Board of Directors Tenure
Average tenure of the
board of directors in years:
The average tenure for the Enegex board of directors is less than 3 years, this suggests a new board.
Update: Enegex (ASX:ENX) Stock Gained 27% In The Last Five Years
For example, long term Enegex Limited (ASX:ENX) shareholders have enjoyed a 27% share price rise over the last half decade, well in excess of the market return of around 4.8% (not including dividends). … There is almost always a chance they will need to raise more capital, and their progress - and share price - will dictate how dilutive that is to current holders. … Given the share price has increased by a solid 4.9% per year, over 5 years, its fair to say investors remain excited about the future, despite the potential need for cash.
Do Insiders Own Shares In Enegex Limited (ASX:ENX)?
A look at the shareholders of Enegex Limited (ASX:ENX) can tell us which group is most powerful. … As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.'. … Let's take a closer look to see what the different types of shareholder can tell us about ENX
Enegex Limited (ASX:ENX) Insiders Increased Their Holdings
In the last twelve months, the biggest single purchase by an insider was when Graeme Kirke bought AU$72k worth of shares at a price of AU$0.018 per share. … So it's clear an insider wanted to buy, even at a higher price. … The only individual insider to buy over the last year was Graeme Kirke
Why Enegex Limited's (ASX:ENX) Ownership Structure Is Important
Insider Ownership Another important group of shareholders are company insiders. … With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors. … As a result, potential investors should further explore the company's business relations with these companies and find out if they can affect shareholder returns in the long-term.Next Steps: Institutional ownership in ENX is not at a level that would concern investors.
Today, I will be analyzing Enegex Limited’s (ASX:ENX) recent ownership structure, an important but not-so-popular subject among individual investors. … Check out our latest analysis for Enegex ASX:ENX Ownership_summary Dec 15th 17 Institutional Ownership Due to the big order sizes of institutional investors, a company's shares can experience large, one-sided momentum, driven by high volume of shares removed from, or injected into, the market. … Insider Ownership I find insiders are another important group of stakeholders, who are directly involved in making key decisions related to the use of capital.
Should You Invest In The Energy Sector And Enegex Limited (ASX:ENX)?
Unsuprisingly, this is below the growth rate of the Australian stock market as a whole. … Only now has the sector begun to emerge from its turmoil, and in the past year, the industry turnaround delivered growth of over 50%, beating the Australian market growth of 6.89%. … ASX:ENX PE PEG Gauge Dec 7th 17 The oil and gas industry is trading at a PE ratio of 12x, lower than the rest of the Australian stock market PE of 17x.
Enegex Limited operates as an oil and gas exploration company in Australia. It holds interest of 14.875% in WA-54-R Greater Cornea Fields, a petroleum retention lease located in Browse Basin, offshore from Western Australia. The company was incorporated in 2012 and is headquartered in Melbourne, Australia.
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