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GEV

Global Energy VenturesASX:GEV Stock Report

Last Price

AU$0.10

Market Cap

AU$54.4m

7D

-4.8%

1Y

20.5%

Updated

17 Jan, 2022

Data

Company Financials +
GEV fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

GEV Stock Overview

Global Energy Ventures Ltd., an energy transition company, builds, owns, and operates the production, storage and shipping of natural gas and green hydrogen in Australia and the Asia-Pacific.

Global Energy Ventures Competitors

Karoon Energy

ASX:KAR

AU$1.1b

Senex Energy

ASX:SXY

AU$852.2m

Carnarvon Energy

ASX:CVN

AU$547.9m

Cooper Energy

ASX:COE

AU$489.8m

Price History & Performance

Summary of all time highs, changes and price drops for Global Energy Ventures
Historical stock prices
Current Share PriceAU$0.10
52 Week HighAU$0.17
52 Week LowAU$0.06
Beta0.80
1 Month Change3.09%
3 Month Change-9.09%
1 Year Change20.48%
3 Year Change-44.44%
5 Year Change-50.00%
Change since IPO-99.78%

Recent News & Updates

Aug 15
We're Keeping An Eye On Global Energy Ventures' (ASX:GEV) Cash Burn Rate

We're Keeping An Eye On Global Energy Ventures' (ASX:GEV) Cash Burn Rate

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...

Shareholder Returns

GEVAU Oil and GasAU Market
7D-4.8%3.0%-0.5%
1Y20.5%4.1%10.4%

Return vs Industry: GEV exceeded the Australian Oil and Gas industry which returned 4.1% over the past year.

Return vs Market: GEV exceeded the Australian Market which returned 10.4% over the past year.

Price Volatility

Is GEV's price volatile compared to industry and market?
GEV volatility
GEV Average Weekly Movement15.4%
Oil and Gas Industry Average Movement10.6%
Market Average Movement8.4%
10% most volatile stocks in AU Market15.2%
10% least volatile stocks in AU Market3.6%

Stable Share Price: GEV is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: GEV's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2004n/aMartin Randell Carolanhttps://www.gev.com

Global Energy Ventures Ltd., an energy transition company, builds, owns, and operates the production, storage and shipping of natural gas and green hydrogen in Australia and the Asia-Pacific. It offers its transportation services through proprietary Compressed Hydrogen Ship. The company was formerly known as TTE Petroleum Limited and changed its name to Global Energy Ventures Ltd.

Global Energy Ventures Fundamentals Summary

How do Global Energy Ventures's earnings and revenue compare to its market cap?
GEV fundamental statistics
Market CapAU$54.40m
Earnings (TTM)-AU$3.09m
Revenue (TTM)n/a

0.0x

P/S Ratio

-17.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GEV income statement (TTM)
RevenueAU$0
Cost of RevenueAU$524.87k
Gross Profit-AU$524.87k
ExpensesAU$2.56m
Earnings-AU$3.09m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0057
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did GEV perform over the long term?

See historical performance and comparison

Valuation

Is Global Energy Ventures undervalued compared to its fair value and its price relative to the market?

4.44x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate GEV's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate GEV's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: GEV is unprofitable, so we can't compare its PE Ratio to the Australian Oil and Gas industry average.

PE vs Market: GEV 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 GEV's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GEV is overvalued based on its PB Ratio (4.4x) compared to the AU Oil and Gas industry average (2.6x).


Future Growth

How is Global Energy Ventures forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-38.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GEV is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: GEV is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: GEV is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: Insufficient data to determine if GEV's revenue is forecast to grow faster than the Australian market.

High Growth Revenue: GEV is forecast to have no revenue next year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if GEV's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Global Energy Ventures performed over the past 5 years?

5.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GEV is currently unprofitable.

Growing Profit Margin: GEV is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GEV is unprofitable, but has reduced losses over the past 5 years at a rate of 5.2% per year.

Accelerating Growth: Unable to compare GEV's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GEV is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-50.5%).


Return on Equity

High ROE: GEV has a negative Return on Equity (-25.2%), as it is currently unprofitable.


Financial Health

How is Global Energy Ventures's financial position?


Financial Position Analysis

Short Term Liabilities: GEV's short term assets (A$6.7M) exceed its short term liabilities (A$219.4K).

Long Term Liabilities: GEV has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: GEV is debt free.

Reducing Debt: GEV has no debt compared to 5 years ago when its debt to equity ratio was 131.8%.


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: GEV has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: GEV has sufficient cash runway for 2.5 years if free cash flow continues to grow at historical rates of 10.6% each year.


Dividend

What is Global Energy Ventures's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate GEV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate GEV'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 GEV's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GEV'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 GEV'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?

0.7yrs

Average management tenure


CEO

Martin Randell Carolan

0.58

Tenure

AU$250,000

Compensation

Mr. Martin Randell John Carolan serves as Managing Director and Chief Executive Officer at Global Energy Ventures Ltd. since June 01, 2021 and also had been Executive Director of Corporate & Finance, Chief...


CEO Compensation Analysis

Compensation vs Market: Martin Randell's total compensation ($USD180.62K) is below average for companies of similar size in the Australian market ($USD291.63K).

Compensation vs Earnings: Martin Randell's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: GEV's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.


Board Members

Experienced Board: GEV's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: GEV 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 40.6%.


Top Shareholders

Company Information

Global Energy Ventures Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Global Energy Ventures Ltd.
  • Ticker: GEV
  • Exchange: ASX
  • Founded: 2004
  • Industry: Oil and Gas Storage and Transportation
  • Sector: Energy
  • Implied Market Cap: AU$54.398m
  • Shares outstanding: 543.98m
  • Website: https://www.gev.com

Location

  • Global Energy Ventures Ltd.
  • 40 St Quentin Avenue
  • Unit 19
  • Claremont
  • Western Australia
  • 6010
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/17 16:27
End of Day Share Price2022/01/17 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.