ASX:IEC

Stock Analysis Report

Executive Summary

Intra Energy Corporation Limited, a mining and energy company, engages in the exploration, production, and sale of coal in Eastern Africa and Australia.


Snowflake Analysis

Undervalued with acceptable track record.

Share Price & News

How has Intra Energy's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: IEC's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-28.6%

IEC

0.4%

AU Oil and Gas

0.7%

AU Market


1 Year Return

-61.5%

IEC

-8.8%

AU Oil and Gas

15.5%

AU Market

Return vs Industry: IEC underperformed the Australian Oil and Gas industry which returned -8.8% over the past year.

Return vs Market: IEC underperformed the Australian Market which returned 15.5% over the past year.


Shareholder returns

IECIndustryMarket
7 Day-28.6%0.4%0.7%
30 Day-28.6%-7.8%0.8%
90 Day-28.6%-2.8%6.1%
1 Year-61.5%-61.5%-5.0%-8.8%20.6%15.5%
3 Year-81.5%-81.5%12.4%0.9%38.1%19.7%
5 Year-50.0%-50.0%6.3%-11.0%51.8%17.9%

Price Volatility Vs. Market

How volatile is Intra Energy's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: IEC (A$0.01) is trading below our estimate of fair value (A$0.09)

Significantly Below Fair Value: IEC is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: IEC is good value based on its PE Ratio (0.6x) compared to the Oil and Gas industry average (8.6x).

PE vs Market: IEC is good value based on its PE Ratio (0.6x) compared to the Australian market (18.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate IEC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: IEC is good value based on its PB Ratio (0.3x) compared to the AU Oil and Gas industry average (1.2x).


Next Steps

Future Growth

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

13.2%

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 Intra 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.


Next Steps

Past Performance

How has Intra Energy performed over the past 5 years?

61.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: IEC has high quality earnings.

Growing Profit Margin: IEC became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: IEC has become profitable over the past 5 years, growing earnings by 61.2% per year.

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

Earnings vs Industry: IEC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (16.4%).


Return on Equity

High ROE: Whilst IEC's Return on Equity (450%) is outstanding, this metric is skewed due to their high level of debt.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Intra Energy's financial position?


Financial Position Analysis

Short Term Liabilities: IEC's short term assets (A$8.0M) do not cover its short term liabilities (A$20.2M).

Long Term Liabilities: IEC's short term assets (A$8.0M) exceed its long term liabilities (A$803.0K).


Debt to Equity History and Analysis

Debt Level: IEC's debt to equity ratio (318.9%) is considered high.

Reducing Debt: IEC's debt to equity ratio has increased from 18% to 318.9% over the past 5 years.


Balance Sheet

Inventory Level: IEC has a high level of physical assets or inventory.

Debt Coverage by Assets: IEC's debt is covered by short term assets (assets are 2.4x 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: IEC is profitable, therefore cash runway is not a concern.

Forecast Cash Runway: IEC is profitable, therefore cash runway is not a concern.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.3%markettop25%5.4%industryaverage4.0%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

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

3.2yrs

Average management tenure


CEO

Jim Shedd 0

3.2yrs

Tenure

AU$454,096

Compensation

Mr. James L. Shedd Jr., also known as Jim, has been Managing Director at Intra Energy Corporation Limited since November 7, 2018. He had been Chief Executive Officer at Intra Energy Corporation Limited sin ...


CEO Compensation Analysis

Compensation vs Market: Jim's total compensation ($USD300.27K) is about average for companies of similar size in the Australian market ($USD253.04K).

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


Leadership Team

NamePositionTenureCompensationOwnership
James Shedd
MD & Director3.2yrsAU$454.10kno data
Kerry Angel
Chief Financial Officer0yrsAU$257.68kno data
Emmanuel Constantinedes
Head of Marketing & Sales - Tanzania0yrsno datano data
Rozanna Lee
Company Secretary8.3yrsno datano data
Mark McAndrew
Consultant2.7yrsAU$226.05kno data

3.2yrs

Average Tenure

Experienced Management: IEC's management team is considered experienced (3.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
James Shedd
MD & Director3.2yrsAU$454.10kno data
Graeme Robertson
Non-Executive Chairman9.1yrsAU$114.61k32.52% A$630.5k
Troy Wilson
Non-Executive Director2.3yrsAU$40.00kno data
Alan Fraser
Non-Executive Director1.5yrsAU$33.33kno data
Marc Schwartz
Non-Executive Director0.6yrsno data2.34% A$45.3k

1.5yrs

Average Tenure

Experienced Board: IEC's board of directors are not considered experienced ( 1.5 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: 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

Intra Energy Corporation Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Intra Energy Corporation Limited
  • Ticker: IEC
  • Exchange: ASX
  • Founded: 2007
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Market Cap: AU$1.939m
  • Shares outstanding: 387.72m
  • Website: https://www.intraenergycorp.com.au

Location

  • Intra Energy Corporation Limited
  • 2 Park Street
  • Level 40
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
IECASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJul 2007
ARIDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJul 2007
IECCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJul 2007

Biography

Intra Energy Corporation Limited, a mining and energy company, engages in the exploration, production, and sale of coal in Eastern Africa and Australia. The company’s flagship project is the Tancoal mine covering six coal bearing tenements in the Ngaka Coalfields, Tanzania. It also engages in power generation activities. The company was formerly known as Atomic Resources Limited and changed its name to Intra Energy Corporation Limited in April 2011. Intra Energy Corporation Limited was incorporated in 2007 and is headquartered in Sydney, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/21 10:37
End of Day Share Price2020/02/19 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.