Fitzroy River (ASX:FZR) - Share price, News & Analysis

FZR fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	2/6
Financial Health	6/6
Dividends	0/6

FZR Stock Overview

Fitzroy River Corporation Limited operates as an oil and gas, and mineral investment holding company.

Rewards

Became profitable this year

Risk Analysis

Shares are highly illiquid

Makes less than USD$1m in revenue (A$691K)

Does not have a meaningful market cap (A$13M)

Large one-off items impacting financial results

+ 1 more risk

Price History & Performance

Summary of all time highs, changes and price drops for Fitzroy River
Historical stock prices
Current Share Price	AU$0.13
52 Week High	AU$0.20
52 Week Low	AU$0.12
Beta	1.1
1 Month Change	-3.85%
3 Month Change	4.17%
1 Year Change	-26.47%
3 Year Change	-32.43%
5 Year Change	-26.47%
Change since IPO	-34.21%

Recent News & Updates

Feb 06

Here's Why Fitzroy River (ASX:FZR) Has A Meaningful Debt Burden

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Shareholder Returns

	FZR	AU Oil and Gas	AU Market
7D	0%	0.05%	-1.7%
1Y	-26.5%	5.2%	7.7%

Return vs Industry: FZR underperformed the Australian Oil and Gas industry which returned 5.2% over the past year.

Return vs Market: FZR underperformed the Australian Market which returned 7.7% over the past year.

Price Volatility

Is FZR's price volatile compared to industry and market?
FZR volatility
FZR Average Weekly Movement	n/a
Oil and Gas Industry Average Movement	10.6%
Market Average Movement	8.5%
10% most volatile stocks in AU Market	15.3%
10% least volatile stocks in AU Market	3.6%

Stable Share Price: Insufficient data to determine FZR's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine FZR's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1996	n/a	n/a	https://www.fitzroyriver.net.au

Fitzroy River Corporation Limited operates as an oil and gas, and mineral investment holding company. The company focuses on non-operational assets, such as royalties, free carried interests, and equity investments. It holds royalty interests in various permits in Australia, the Gulf of Mexico, and New Zealand.

Fitzroy River Fundamentals Summary

How do Fitzroy River's earnings and revenue compare to its market cap?
FZR fundamental statistics
Market Cap	AU$13.49m
Earnings (TTM)	AU$83.58k
Revenue (TTM)	AU$691.16k

162.3x

P/E Ratio

19.5x

P/S Ratio

Is FZR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
FZR income statement (TTM)
Revenue	AU$691.16k
Cost of Revenue	AU$0
Gross Profit	AU$691.16k
Expenses	AU$607.58k
Earnings	AU$83.58k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	0.00077
Gross Margin	100.00%
Net Profit Margin	12.09%
Debt/Equity Ratio	0.0%

How did FZR perform over the long term?

See historical performance and comparison

Valuation

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

162.34x

Price to Earnings (PE) 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 poor value based on its PE Ratio (162.3x) compared to the Australian Oil and Gas industry average (31.5x).

PE vs Market: FZR is poor value based on its PE Ratio (162.3x) compared to the Australian market (19.3x).

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 good value based on its PB Ratio (2.2x) compared to the AU Oil and Gas industry average (2.5x).

Future Growth

How is Fitzroy River forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.2%

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.

Past Performance

How has Fitzroy River performed over the past 5 years?

-41.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: FZR has a large one-off gain of A$442.9K impacting its June 30 2021 financial results.

Growing Profit Margin: FZR became profitable in the past.

Past Earnings Growth Analysis

Earnings Trend: FZR has become profitable over the past 5 years, growing earnings by -41.8% per year.

Accelerating Growth: FZR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: FZR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-50.5%).

Return on Equity

High ROE: FZR's Return on Equity (1.3%) is considered low.

Financial Health

How is Fitzroy River's financial position?

Financial Position Analysis

Short Term Liabilities: FZR's short term assets (A$797.7K) exceed its short term liabilities (A$69.3K).

Long Term Liabilities: FZR has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: FZR is debt free.

Reducing Debt: FZR had no debt 5 years ago.

Debt Coverage: FZR has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: FZR has no debt, therefore coverage of interest payments is not a concern.

Balance Sheet

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

Explore strong dividend paying companies in the Energy industry.

Management

How experienced are the management team and are they aligned to shareholders interests?

9.2yrs

Average board tenure

CEO

Fitzroy River has no CEO, or we have no data on them.

Board Members

Experienced Board: FZR's board of directors are considered experienced (9.2 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 been diluted in the past year, with total shares outstanding growing by 25%.

Data	Last Updated (UTC time)
Company Analysis	2022/01/20 07:02
End of Day Share Price	2022/01/04 00:00
Earnings	2021/06/30
Annual Earnings	2021/06/30