High Peak Royalties Limited, together with its subsidiaries, engages in the acquisition of royalty and exploration interests in oil and gas assets in Australia and the United States.
Adequate balance sheet with weak fundamentals.
Share Price & News
How has High Peak Royalties's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HPR has not had significant price volatility in the past 3 months.
7 Day Return
AU Oil and Gas
1 Year Return
AU Oil and Gas
Return vs Industry: HPR exceeded the Australian Oil and Gas industry which returned -14.1% over the past year.
Return vs Market: HPR exceeded the Australian Market which returned 10.9% over the past year.
Price Volatility Vs. Market
How volatile is High Peak Royalties's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StThe High Peak Royalties (ASX:HPR) Share Price Has Gained 157%, So Why Not Pay It Some Attention?
1 month ago | Simply Wall StWe Think High Peak Royalties (ASX:HPR) Has A Fair Chunk Of Debt
3 months ago | Simply Wall StDo Institutions Own High Peak Royalties Limited (ASX:HPR) Shares?
Is High Peak Royalties undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate HPR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate HPR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: HPR is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: HPR 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 HPR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HPR is overvalued based on its PB Ratio (1.5x) compared to the AU Oil and Gas industry average (1.1x).
How is High Peak Royalties forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 High Peak Royalties 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.
- Examine High Peak Royalties's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- High Peak Royalties competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
How has High Peak Royalties performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HPR is currently unprofitable.
Growing Profit Margin: HPR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: HPR is unprofitable, but has reduced losses over the past 5 years at a rate of 36.7% per year.
Accelerating Growth: Unable to compare HPR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HPR is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-0.7%).
Return on Equity
High ROE: HPR has a negative Return on Equity (-6.29%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is High Peak Royalties's financial position?
Financial Position Analysis
Short Term Liabilities: HPR's short term assets (A$1.2M) exceed its short term liabilities (A$441.5K).
Long Term Liabilities: HPR's short term assets (A$1.2M) do not cover its long term liabilities (A$2.7M).
Debt to Equity History and Analysis
Debt Level: HPR's debt to equity ratio (24.8%) is considered satisfactory.
Reducing Debt: HPR's debt to equity ratio has increased from 2.1% to 24.8% over the past 5 years.
Inventory Level: HPR has a low level of unsold assets or inventory.
Debt Coverage by Assets: HPR's debt is not covered by short term assets (assets are 0.4x debt).
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: HPR has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: HPR has sufficient cash runway for 2.5 years if free cash flow continues to grow at historical rates of 31.2% each year.
What is High Peak Royalties's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate HPR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate HPR's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if HPR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HPR'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 HPR's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
High Peak Royalties has no CEO, or we have no data on them.
|Non-Executive Chairman||2.3yrs||AU$126.58k||4.61% A$809.5k|
|Non-Executive Director||5.8yrs||AU$51.26k||0.96% A$168.0k|
|Non-Executive Director||5.8yrs||AU$77.17k||no data|
Experienced Board: HPR's board of directors are considered experienced (5.8 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9.4%.
High Peak Royalties Limited's company bio, employee growth, exchange listings and data sources
- Name: High Peak Royalties Limited
- Ticker: HPR
- Exchange: ASX
- Founded: 2006
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: AU$17.573m
- Shares outstanding: 188.96m
- Website: https://www.highpeak.com.au
- High Peak Royalties Limited
- 35 Lime Street
- Suite 305
- New South Wales
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|HPR||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Apr 2014|
|HPR||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Apr 2014|
|HPR||CHIA (Chi-X Australia)||NPV||AU||AUD||Jun 2018|
High Peak Royalties Limited, together with its subsidiaries, engages in the acquisition of royalty and exploration interests in oil and gas assets in Australia and the United States. It has royalties over 20 oil and gas projects. The company was incorporated in 2006 and is based in Sydney, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/27 10:37|
|End of Day Share Price||2020/02/20 00:00|
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.