Icon Energy Limited, together with its subsidiaries, engages in exploration, appraisal, and development of oil and gas properties in Australia.
Icon Energy Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.015|
|52 Week High||AU$0.011|
|52 Week Low||AU$0.031|
|1 Month Change||7.14%|
|3 Month Change||-11.77%|
|1 Year Change||-31.82%|
|3 Year Change||-31.82%|
|5 Year Change||-48.28%|
|Change since IPO||-92.50%|
Recent News & Updates
|ICN||AU Oil and Gas||AU Market|
Return vs Industry: ICN underperformed the Australian Oil and Gas industry which returned 48.1% over the past year.
Return vs Market: ICN underperformed the Australian Market which returned 24.4% over the past year.
Stable Share Price: ICN is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 19% a week.
Volatility Over Time: ICN's weekly volatility (19%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
Icon Energy Limited, together with its subsidiaries, engages in exploration, appraisal, and development of oil and gas properties in Australia. It holds interests in the Cooper/Eromanga, and Surat Basins located in Queensland. The company was formerly known as Icon Oil NL and changed its name to Icon Energy Limited in November 2000.
Icon Energy Fundamentals Summary
|ICN fundamental statistics|
Is ICN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ICN income statement (TTM)|
|Cost of Revenue||AU$153.77k|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.011|
|Net Profit Margin||0.00%|
How did ICN perform over the long term?See historical performance and comparison
Is Icon Energy 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 ICN's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ICN's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ICN is unprofitable, so we can't compare its PE Ratio to the Australian Oil and Gas industry average.
PE vs Market: ICN 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 ICN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ICN is overvalued based on its PB Ratio (5.6x) compared to the AU Oil and Gas industry average (2.5x).
How is Icon Energy 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 Icon Energy 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.
How has Icon Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ICN is currently unprofitable.
Growing Profit Margin: ICN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ICN is unprofitable, and losses have increased over the past 5 years at a rate of 15% per year.
Accelerating Growth: Unable to compare ICN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ICN 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: ICN has a negative Return on Equity (-389.63%), as it is currently unprofitable.
How is Icon Energy's financial position?
Financial Position Analysis
Short Term Liabilities: ICN's short term assets (A$1.7M) exceed its short term liabilities (A$291.3K).
Long Term Liabilities: ICN's short term assets (A$1.7M) do not cover its long term liabilities (A$4.4M).
Debt to Equity History and Analysis
Debt Level: ICN is debt free.
Reducing Debt: ICN had no debt 5 years ago.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ICN has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ICN is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.
What is Icon Energy current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ICN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ICN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ICN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ICN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ICN's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Raymond Swinbum James, also known as Ray, serves as Director of Icon Energy Limited since December 31, 2019. He has been Managing Director at Icon Energy Limited since February 7,1993 and served as its...
CEO Compensation Analysis
Compensation vs Market: Ray's total compensation ($USD91.22K) is below average for companies of similar size in the Australian market ($USD301.38K).
Compensation vs Earnings: Ray's compensation has been consistent with company performance over the past year.
Experienced Board: ICN's board of directors are seasoned and experienced ( 12.8 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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10%.
Icon Energy Limited's employee growth, exchange listings and data sources
- Name: Icon Energy Limited
- Ticker: ICN
- Exchange: ASX
- Founded: 1993
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: AU$9.864m
- Shares outstanding: 657.61m
- Website: https://www.iconenergy.com
- Icon Energy Limited
- Lakeside 2 Bermuda Point
- 1301/1 Lake Orr Drive
- Gold Coast
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 16:13|
|End of Day Share Price||2021/10/26 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.