Executive Summary
Fitzroy River Corporation Limited operates as an oil and gas investment holding company in Western Australia and the Gulf of Mexico.
Risk Analysis
Snowflake Analysis
Mediocre balance sheet with weak fundamentals.
Share Price & News
How has Fitzroy River's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FZR has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
12.0%
FZR
-1.5%
AU Oil and Gas
0.3%
AU Market
1 Year Return
-24.3%
FZR
-32.6%
AU Oil and Gas
-10.9%
AU Market
Return vs Industry: FZR exceeded the Australian Oil and Gas industry which returned -33.8% over the past year.
Return vs Market: FZR underperformed the Australian Market which returned -11.9% over the past year.
Shareholder returns
| FZR | Industry | Market | |
|---|---|---|---|
| 7 Day | 12.0% | -1.5% | 0.3% |
| 30 Day | -6.7% | -4.2% | 2.7% |
| 90 Day | n/a | 16.8% | 18.6% |
| 1 Year | -24.3%-24.3% | -29.7%-32.6% | -7.2%-10.9% |
| 3 Year | -12.5%-12.5% | -19.1%-29.1% | 17.2%1.7% |
| 5 Year | -40.4%-40.4% | -21.5%-35.6% | 35.7%6.4% |
Price Volatility Vs. Market
How volatile is Fitzroy River's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Is Fitzroy River (ASX:FZR) Weighed On By Its Debt Load?4 months ago | Simply Wall St
We Think Fitzroy River (ASX:FZR) Can Easily Afford To Drive Business Growth6 months ago | Simply Wall St
If You Had Bought Fitzroy River (ASX:FZR) Stock Five Years Ago, You'd Be Sitting On A 31% Loss, TodayValuation
Is Fitzroy River undervalued compared to its fair value and its price relative to the market?
1.28x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate FZR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate FZR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: FZR is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: FZR 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 FZR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FZR is overvalued based on its PB Ratio (1.3x) compared to the AU Oil and Gas industry average (1x).
Next Steps
Future Growth
How is Fitzroy River forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
13.1%
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 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 SimplyWall St do have past financial data.
Next Steps
- Take a look at our analysis of FZR’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Fitzroy River competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
Past Performance
How has Fitzroy River performed over the past 5 years?
-6.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FZR is currently unprofitable.
Growing Profit Margin: FZR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: FZR is unprofitable, and losses have increased over the past 5 years at a rate of -6.9% per year.
Accelerating Growth: Unable to compare FZR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FZR is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-15.6%).
Return on Equity
High ROE: FZR has a negative Return on Equity (-25.21%), as it is currently unprofitable.
Next Steps
Financial Health
How is Fitzroy River's financial position?
Financial Position Analysis
Short Term Liabilities: FZR's short term assets (A$8.7M) do not cover its short term liabilities (A$11.7M).
Long Term Liabilities: FZR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FZR's debt to equity ratio (53.2%) is considered high.
Reducing Debt: Insufficient data to determine if FZR'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: FZR has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: FZR has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 22.9% each year
Next Steps
Dividend
What is Fitzroy River current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FZR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FZR'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 FZR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FZR'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 FZR'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?
7.7yrs
Average board tenure
CEO
Fitzroy River has no CEO, or we have no data on them.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Company Secretary & Non-Executive Director | 6yrs | AU$80.00k | no data | |
| Independent Non-Executive Chairman | 7.67yrs | AU$60.00k | 0.48% A$58.5k | |
| Independent Non-Executive Director | 7.67yrs | AU$40.00k | 21.01% A$2.5m |
7.7yrs
Average Tenure
62yo
Average Age
Experienced Board: FZR's board of directors are considered experienced (7.7 years average tenure).
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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Fitzroy River Corporation Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Fitzroy River Corporation Limited
- Ticker: FZR
- Exchange: ASX
- Founded: 1996
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: AU$12.091m
- Shares outstanding: 86.36m
- Website: https://www.fitzroyriver.net.au
Location
- Fitzroy River Corporation Limited
- 28 O'Connell Street
- Suite 6.02
- Sydney
- New South Wales
- 2000
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| FZR | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Mar 1998 |
| KIO | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Mar 1998 |
| FZR | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Mar 1998 |
Biography
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.Â
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/07/01 10:38 |
| End of Day Share Price | 2020/07/01 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/06/30 |
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.