Fitzroy River
Fitzroy River Corporation Limited operates as an oil and gas investment holding company in Western Australia and the Gulf of Mexico. The last earnings update was 46 days ago. More info.
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FZR Share Price and Events
7 Day Returns
1 Year Returns
FZR Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Fitzroy River (FZR) | 0% | 5.3% | 8.1% | -24.5% | 2.6% | -33.3% |
| AU Oil and Gas | 0.4% | -1.5% | 6% | 4.4% | 30.5% | -32.3% |
| AU Market | -0% | 1% | 6.9% | 4.6% | 18.2% | 4.8% |
1 Year Return vs Industry and Market
- FZR underperformed the Oil and Gas industry which returned 4.4% over the past year.
- FZR underperformed the Market in Australia which returned 4.6% over the past year.
Price Volatility
Related Companies
Value
Is Fitzroy River undervalued based on future cash flows and its price relative to the stock market?
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
undervalued.
- It is not possible to calculate the future cash flow value for Fitzroy River. This is due to cash flow or dividend data being unavailable. The share price is A$0.2.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Fitzroy River's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Fitzroy River's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in AUD | A$-0.01 |
| ASX:FZR Share Price ** | ASX (2019-04-18) in AUD | A$0.2 |
| Australia Oil and Gas Industry PE Ratio | Median Figure of 23 Publicly-Listed Oil and Gas Companies | 7.92x |
| Australia Market PE Ratio | Median Figure of 544 Publicly-Listed Companies | 16.14x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Fitzroy River.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = ASX:FZR Share Price ÷ EPS (both in AUD) = 0.2 ÷ -0.01 |
-24.33x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Fitzroy River is loss making, we can't compare its value to the AU Oil and Gas industry average.
- Fitzroy River is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does
Fitzroy River's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | -24.33x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts |
Not available |
| Australia Oil and Gas Industry PEG Ratio | Median Figure of 17 Publicly-Listed Oil and Gas Companies | 0.24x |
| Australia Market PEG Ratio | Median Figure of 360 Publicly-Listed Companies | 1.35x |
*Line of best fit is calculated by linear regression .
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to calculate PEG ratio for Fitzroy River, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Fitzroy River's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in AUD | A$0.12 |
| ASX:FZR Share Price * | ASX (2019-04-18) in AUD | A$0.2 |
| Australia Oil and Gas Industry PB Ratio | Median Figure of 145 Publicly-Listed Oil and Gas Companies | 1.31x |
| Australia Market PB Ratio | Median Figure of 1,676 Publicly-Listed Companies | 1.67x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = ASX:FZR Share Price ÷ Book Value per Share (both in AUD) = 0.2 ÷ 0.12 |
1.62x |
* Primary Listing of Fitzroy River.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Fitzroy River is overvalued based on assets compared to the AU Oil and Gas industry average.
Value checks
We assess Fitzroy River's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check) Fitzroy River has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
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 Fitzroy River 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
growth
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 it right!
Earnings growth vs Low Risk Savings
- Unable to compare Fitzroy River's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
- Unable to compare Fitzroy River's earnings growth to the Australia market average as no estimate data is available.
- Unable to compare Fitzroy River's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| Australia Oil and Gas Industry Earnings Growth Rate | Market Cap Weighted Average | 4.2% |
| Australia Oil and Gas Industry Revenue Growth Rate | Market Cap Weighted Average | 2.7% |
| Australia Market Earnings Growth Rate | Market Cap Weighted Average | 6.7% |
| Australia Market Revenue Growth Rate | Market Cap Weighted Average | 3% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Date (Data in AUD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 0 | 0 | -1 |
| 2018-09-30 | 0 | 0 | 0 |
| 2018-06-30 | 0 | 0 | 0 |
| 2018-03-31 | 0 | 0 | 0 |
| 2017-12-31 | 0 | -1 | 0 |
| 2017-09-30 | 0 | -1 | 0 |
| 2017-06-30 | 0 | -1 | -1 |
| 2017-03-31 | 0 | 0 | -1 |
| 2016-12-31 | 0 | 0 | 0 |
| 2016-09-30 | 0 | 0 | -1 |
| 2016-06-30 | 0 | 0 | -1 |
| 2016-03-31 | 0 | 0 | -1 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
All data from Fitzroy River Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in AUD Millions) | EPS * |
|---|---|
| 2018-12-31 | -0.01 |
| 2018-09-30 | 0.00 |
| 2018-06-30 | 0.01 |
| 2018-03-31 | 0.00 |
| 2017-12-31 | 0.00 |
| 2017-09-30 | 0.00 |
| 2017-06-30 | -0.01 |
| 2017-03-31 | -0.01 |
| 2016-12-31 | -0.01 |
| 2016-09-30 | -0.01 |
| 2016-06-30 | -0.01 |
| 2016-03-31 | -0.01 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Unable to establish if Fitzroy River will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Future performance checks
We assess Fitzroy River's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Fitzroy River has a total score of 0/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has Fitzroy River performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Fitzroy River does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
- Unable to compare Fitzroy River's 1-year earnings growth to the 5-year average as it is not currently profitable.
- Unable to compare Fitzroy River's 1-year growth to the AU Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
All data from Fitzroy River Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in AUD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 0.34 | -0.73 | 0.31 | |
| 2018-09-30 | 0.29 | -0.12 | 0.32 | |
| 2018-06-30 | 0.24 | 0.48 | 0.33 | |
| 2018-03-31 | 0.18 | 0.23 | 0.45 | |
| 2017-12-31 | 0.15 | -0.02 | 0.57 | |
| 2017-09-30 | 0.18 | -0.41 | 0.57 | |
| 2017-06-30 | 0.21 | -0.79 | 0.57 | |
| 2017-03-31 | 0.24 | -0.63 | 0.48 | |
| 2016-12-31 | 0.28 | -0.47 | 0.39 | |
| 2016-09-30 | 0.31 | -0.58 | 0.41 | |
| 2016-06-30 | 0.34 | -0.69 | 0.44 | |
| 2016-03-31 | 0.36 | -0.91 | 0.78 | |
| 2015-12-31 | 0.39 | -1.12 | 1.12 | |
| 2015-09-30 | 0.48 | -0.95 | 1.18 | |
| 2015-06-30 | 0.57 | -0.78 | 1.23 | |
| 2014-12-31 | 0.73 | -0.27 | 0.84 | |
| 2014-09-30 | 0.62 | -0.37 | 0.72 | |
| 2014-06-30 | 0.51 | -0.47 | 0.60 | |
| 2013-12-31 | 0.29 | -1.65 | 0.23 | |
| 2013-09-30 | 0.28 | -1.64 | 0.29 | |
| 2013-06-30 | 0.26 | -1.63 | 0.35 | |
| 2012-12-31 | -0.36 | -1.83 | 0.60 | |
| 2012-09-30 | 0.01 | -1.40 | 0.67 | |
| 2012-06-30 | 0.38 | -0.97 | 0.73 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- It is difficult to establish if Fitzroy River has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
- It is difficult to establish if Fitzroy River has efficiently used its assets last year compared to the AU Oil and Gas industry average (Return on Assets) as it is loss-making.
- It is difficult to establish if Fitzroy River improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
Past performance checks
We assess Fitzroy River'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)
Fitzroy River 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.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is Fitzroy River's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Fitzroy River's finances.
The net worth of a company is the difference between its assets and liabilities.
- Fitzroy River is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Fitzroy River has no long term commitments.
Balance sheet
Assets
Liabilities and shares
- Low level of unsold assets.
- Fitzroy River has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Fitzroy River Company Filings, last reported 3 months ago.
| Date (Data in AUD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 10.81 | 0.00 | 1.44 |
| 2018-09-30 | 10.81 | 0.00 | 1.44 |
| 2018-06-30 | 13.32 | 0.00 | 2.33 |
| 2018-03-31 | 13.32 | 0.00 | 2.33 |
| 2017-12-31 | 12.39 | 0.00 | 2.79 |
| 2017-09-30 | 12.39 | 0.00 | 2.79 |
| 2017-06-30 | 9.71 | 0.00 | 4.27 |
| 2017-03-31 | 9.71 | 0.00 | 4.27 |
| 2016-12-31 | 10.48 | 0.00 | 7.47 |
| 2016-09-30 | 10.48 | 0.00 | 7.47 |
| 2016-06-30 | 10.72 | 0.00 | 9.52 |
| 2016-03-31 | 10.72 | 0.00 | 9.52 |
| 2015-12-31 | 10.87 | 0.00 | 9.53 |
| 2015-09-30 | 10.87 | 0.00 | 9.53 |
| 2015-06-30 | 10.99 | 0.00 | 10.36 |
| 2014-12-31 | 11.96 | 0.00 | 11.74 |
| 2014-09-30 | 11.96 | 0.00 | 11.74 |
| 2014-06-30 | 12.14 | 0.00 | 11.93 |
| 2013-12-31 | 12.32 | 0.00 | 12.20 |
| 2013-09-30 | 12.32 | 0.00 | 12.20 |
| 2013-06-30 | 12.71 | 0.00 | 3.62 |
| 2012-12-31 | 10.54 | 0.00 | 0.33 |
| 2012-09-30 | 10.54 | 0.00 | 0.33 |
| 2012-06-30 | 36.21 | 0.00 | 0.75 |
- Fitzroy River has no debt.
- Fitzroy River has not taken on any debt in the past 5 years.
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.
- Fitzroy River has sufficient cash runway for more than 3 years based on current free cash flow.
- Fitzroy River has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -2.1% each year.
Financial health checks
We assess Fitzroy River's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Fitzroy River has a total score of 6/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is Fitzroy River's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
A$2,000 of
Fitzroy River
shares you are expected to receive
A$0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate Fitzroy River's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate Fitzroy River's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Australia Oil and Gas Industry Average Dividend Yield | Market Cap Weighted Average of 13 Stocks | 4.6% |
| Australia Market Average Dividend Yield | Market Cap Weighted Average of 417 Stocks | 4.3% |
| Australia Minimum Threshold Dividend Yield | 10th Percentile | 1.6% |
| Australia Bottom 25% Dividend Yield | 25th Percentile | 2.5% |
| Australia Top 25% Dividend Yield | 75th Percentile | 5.8% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as Fitzroy River has not reported any payouts.
- Unable to verify if Fitzroy River's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess Fitzroy River's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Fitzroy River afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Fitzroy River has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
- Fitzroy River has no CEO, or we have no data on them.
Management Team
Justin Clyne
Company Secretary & Non-Executive Director
A$100K
45
5.1 yrs
Eric Allen
Technical Manager
Board of Directors Tenure
Average tenure and age of the Fitzroy River board of directors in years:
- The tenure for the Fitzroy River board of directors is about average.
Board of Directors
Malcolm McComas
Independent Non-Executive Chairman
A$75K
63
6.4 yrs
Justin Clyne
Company Secretary & Non-Executive Director
A$100K
45
4.8 yrs
Sue Thomas
Independent Non-Executive Director
A$50K
60
6.4 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (A$) | Value (A$) | |
|---|---|---|---|---|---|---|---|---|---|---|
Management checks
We assess Fitzroy River's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Fitzroy River has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
What Kind Of Shareholder Appears On The Fitzroy River Corporation Limited's (ASX:FZR) Shareholder Register?
So it's nice to see some insider ownership, because it may suggest that management is owner-oriented. … Fitzroy River is a smaller company with a market capitalization of AU$17m, so it may still be flying under the radar of many institutional investors. … View our latest analysis for Fitzroy River
Simply Wall St - – Full articleShould Fitzroy River Corporation Limited (ASX:FZR) Focus On Improving This Fundamental Metric?
With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … Our data shows Fitzroy River has a return on equity of 3.6% for the last year. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleHow Much Of Fitzroy River Corporation Limited (ASX:FZR) Do Insiders Own?
A look at the shareholders of Fitzroy River Corporation Limited (ASX:FZR) can tell us which group is most powerful. … Fitzroy River is not a large company by global standards. … View our latest analysis for Fitzroy River
Simply Wall St - – Full articleWhat You Must Know About Fitzroy River Corporation Limited's (ASX:FZR) Financial Strength
Fitzroy River Corporation Limited (ASX:FZR), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … However, the trade-off is FZR will have to follow strict debt obligations which will reduce its financial flexibility. … Is FZR growing fast enough to value financial flexibility over lower cost of capital.
Simply Wall St - – Full articleHow Did Fitzroy River Corporation Limited's (ASX:FZR) 3.6% ROE Fare Against The Industry?
With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … One way to conceptualize this, is that for each A$1 of shareholders' equity it has, the company made A$0.036 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleWho Are The Largest Shareholders In Fitzroy River Corporation Limited (ASX:FZR)?
I am going to take a deep dive into Fitzroy River Corporation Limited’s (ASX:FZR) most recent ownership structure, not a frequent subject of discussion among individual investors. … A company's ownership structure is often linked to its share performance in both the long- and short-term. … The implications of these institutions’ actions can either benefit or hinder individual investors, so it is important to understand the ownership composition of your stock investment.
Simply Wall St - – Full articleHow Does Investing In Fitzroy River Corporation Limited (ASX:FZR) Impact Your Portfolio?
Based on this beta value, FZR appears to be a stock that an investor with a high-beta portfolio would look for to reduce risk exposure to the market. … An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive. … I test FZR’s ratio of fixed assets to total assets in order to determine how high the risk is associated with this type of constraint.
Simply Wall St - – Full articleShould You Be Concerned About Fitzroy River Corporation Limited's (ASX:FZR) Shareholders?
When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. … Insider ownership has to do more with how the company is managed and less to do with the direct impact of the magnitude of shares trading on the market. … However, an ownership of this size may be relatively insignificant, meaning that these shareholders may not have the potential to influence FZR's business strategy.
Simply Wall St - – Full articleHas Fitzroy River Corporation Limited (ASX:FZR) Improved Earnings Growth In Recent Times?
Check out our latest analysis for Fitzroy River How FZR fared against its long-term earnings performance and its industry I use data from the most recent 12 months, which either annualizes the most recent 6-month earnings update, or in some cases, the most recent annual report is already the latest available financial data. … ASX:FZR Income Statement Mar 29th 18 We can further analyze Fitzroy River's loss by looking at what the industry has been experiencing over the past few years. … This shows that any tailwind the industry is benefiting from, Fitzroy River has not been able to gain as much as its industry peers.What does this mean?
Simply Wall St - – Full articleHow Does Fitzroy River Corporation Limited (ASX:FZR) Affect Your Portfolio Returns?
FZR's beta implies it may be a stock that investors with high-beta portfolios might find relevant if they wanted to reduce their exposure to market risk, especially during times of downturns. … FZR, with its market capitalisation of AU$24.86M, is a small-cap stock, which generally have higher beta than similar companies of larger size. … An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive.
Simply Wall St - – Full articleCompany Info
Description
Fitzroy River Corporation Limited operates as an oil and gas investment holding company in Western Australia and the Gulf of Mexico. The company focuses on non-operational assets, such as royalties, free carried interests, and equity investments. It holds royalty interests in various permits in the onshore Canning Superbasin, Western Australia. The company was incorporated in 1996 and is based in Sydney, Australia.
Details
| Name: | Fitzroy River Corporation Limited |
| FZR | |
| Exchange: | ASX |
| Founded: | 1996 |
| A$17,438,851 | |
| 87,194,259 | |
| Website: | http://www.fitzroyriver.net.au |
| Address: |
Fitzroy River Corporation Limited 28 O'Connell Street, Suite 6.02, Sydney, New South Wales, 2000, Australia |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| ASX | FZR | Ordinary Shares | Australian Securities Exchange | AU | AUD | 04. Mar 1998 | |
| DB | KIO | Ordinary Shares | Deutsche Boerse AG | DE | EUR | 04. Mar 1998 | |
| CHIA | FZR | Ordinary Shares | Chi-X Australia | AU | AUD | 04. Mar 1998 |
Number of employees
Current staff
Industry
| Oil and Gas Exploration and Production | |
| Energy |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/04/23 10:32 |
| End of day share price update: | 2019/04/18 00:00 |
| Last earnings filing: | 2019/03/08 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/06/30 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
