Karoon Energy Ltd operates as an oil and gas exploration and production company in Australia, Brazil, and Peru.
Karoon Energy Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$1.68|
|52 Week High||AU$0.74|
|52 Week Low||AU$1.70|
|1 Month Change||14.68%|
|3 Month Change||36.03%|
|1 Year Change||100.00%|
|3 Year Change||48.67%|
|5 Year Change||-27.27%|
|Change since IPO||888.24%|
Recent News & Updates
Karoon Energy's (ASX:KAR) Profits Appear To Have Quality Issues
The stock price didn't jump after Karoon Energy Ltd ( ASX:KAR ) posted decent earnings last week. We think that...
|KAR||AU Oil and Gas||AU Market|
Return vs Industry: KAR exceeded the Australian Oil and Gas industry which returned 48.9% over the past year.
Return vs Market: KAR exceeded the Australian Market which returned 20.2% over the past year.
Stable Share Price: KAR is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: KAR's weekly volatility (7%) has been stable over the past year.
About the Company
Karoon Energy Ltd operates as an oil and gas exploration and production company in Australia, Brazil, and Peru. The company holds 100% interest in the Santos Basin consisting of 4 off-shore blocks located in the State of Sáo Paulo, Brazil; 50% interest in the Carnarvon Basin covering an area of area of approximately 6,748 square kilometers located in the north Western Australia; and 75% interest in the Tumbes Basin covering an area of approximately 4,875 square kilometers located in northern Peru. The company was formerly known as Karoon Gas Australia Ltd and changed its name to Karoon Energy Ltd in December 2018.
Karoon Energy Fundamentals Summary
|KAR fundamental statistics|
Is KAR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|KAR income statement (TTM)|
|Cost of Revenue||US$111.95m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.0079|
|Net Profit Margin||2.57%|
How did KAR perform over the long term?See historical performance and comparison
Is Karoon Energy undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: KAR (A$1.68) is trading below our estimate of fair value (A$28.99)
Significantly Below Fair Value: KAR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: KAR is poor value based on its PE Ratio (157.8x) compared to the Australian Oil and Gas industry average (29.3x).
PE vs Market: KAR is poor value based on its PE Ratio (157.8x) compared to the Australian market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: KAR is poor value based on its PEG Ratio (2.4x)
Price to Book Ratio
PB vs Industry: KAR is good value based on its PB Ratio (1.8x) compared to the AU Oil and Gas industry average (2.5x).
How is Karoon Energy forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KAR's forecast earnings growth (64.6% per year) is above the savings rate (1.9%).
Earnings vs Market: KAR's earnings (64.6% per year) are forecast to grow faster than the Australian market (11.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: KAR's revenue (37.4% per year) is forecast to grow faster than the Australian market (5.5% per year).
High Growth Revenue: KAR's revenue (37.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KAR's Return on Equity is forecast to be high in 3 years time (27.1%)
How has Karoon Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KAR has a high level of non-cash earnings.
Growing Profit Margin: KAR became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: KAR has become profitable over the past 5 years, growing earnings by 8.1% per year.
Accelerating Growth: KAR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: KAR 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: KAR's Return on Equity (1.2%) is considered low.
How is Karoon Energy's financial position?
Financial Position Analysis
Short Term Liabilities: KAR's short term assets ($183.8M) exceed its short term liabilities ($130.3M).
Long Term Liabilities: KAR's short term assets ($183.8M) do not cover its long term liabilities ($503.4M).
Debt to Equity History and Analysis
Debt Level: KAR is debt free.
Reducing Debt: KAR has not had any debt for past 5 years.
Debt Coverage: KAR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: KAR has no debt, therefore coverage of interest payments is not a concern.
What is Karoon Energy current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate KAR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate KAR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if KAR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if KAR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of KAR's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dr. Julian David Fowles, PhD BSc(Hons) GDipAFI GAICD has been Managing Director, Chief Executive Officer & Director of Karoon Energy Ltd since November 27, 2020. He served as Independent Non-Executive Dire...
CEO Compensation Analysis
Compensation vs Market: Julian's total compensation ($USD728.68K) is about average for companies of similar size in the Australian market ($USD998.78K).
Compensation vs Earnings: Insufficient data to compare Julian's compensation with company performance.
Experienced Management: KAR's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Experienced Board: KAR's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.
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 not been meaningfully diluted in the past year.
Karoon Energy Ltd's employee growth, exchange listings and data sources
- Name: Karoon Energy Ltd
- Ticker: KAR
- Exchange: ASX
- Founded: 2003
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: AU$900.959m
- Shares outstanding: 554.44m
- Website: https://www.karoonenergy.com.au
- Karoon Energy Ltd
- 6 Riverside Quay
- Level 3
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 07:04|
|End of Day Share Price||2021/10/18 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.