Marenica Energy Limited engages in the exploration and evaluation of uranium deposits in Namibia. More Details
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Adequate balance sheet with weak fundamentals.
Share Price & News
How has Marenica Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MEY's share price has been volatile over the past 3 months.
7 Day Return
AU Oil and Gas
1 Year Return
AU Oil and Gas
Return vs Industry: MEY exceeded the Australian Oil and Gas industry which returned -38.5% over the past year.
Return vs Market: MEY exceeded the Australian Market which returned -6.9% over the past year.
Price Volatility Vs. Market
How volatile is Marenica Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StWhat We Learned About Marenica Energy's (ASX:MEY) CEO Pay
4 months ago | Simply Wall StNeed To Know: Marenica Energy Limited (ASX:MEY) Insiders Have Been Buying Shares
5 months ago | Simply Wall StDo Institutions Own Marenica Energy Limited (ASX:MEY) Shares?
Is Marenica 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 MEY's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MEY's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MEY is unprofitable, so we can't compare its PE Ratio to the AU Oil and Gas industry average.
PE vs Market: MEY 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 MEY's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MEY is overvalued based on its PB Ratio (3.4x) compared to the AU Oil and Gas industry average (1.6x).
How is Marenica 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 Marenica 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.
- Examine Marenica Energy'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.
- Marenica Energy competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
How has Marenica Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MEY is currently unprofitable.
Growing Profit Margin: MEY is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MEY is unprofitable, and losses have increased over the past 5 years at a rate of 1% per year.
Accelerating Growth: Unable to compare MEY's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MEY is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-44.9%).
Return on Equity
High ROE: MEY has a negative Return on Equity (-42.27%), as it is currently unprofitable.
How is Marenica Energy's financial position?
Financial Position Analysis
Short Term Liabilities: MEY's short term assets (A$1.1M) exceed its short term liabilities (A$353.8K).
Long Term Liabilities: MEY's short term assets (A$1.1M) exceed its long term liabilities (A$81.2K).
Debt to Equity History and Analysis
Debt Level: MEY is debt free.
Reducing Debt: MEY currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MEY has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MEY has less than a year of cash runway if free cash flow continues to reduce at historical rates of 10.7% each year
What is Marenica Energy current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MEY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MEY's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MEY's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MEY's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MEY's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Murray Philip Hill, B.Sc. (Metallurgy), FAusIMM has been Managing Director of Marenica Energy Ltd since May 2, 2016 and has been its Chief Executive Officer since May 1, 2012. He has been a Director at ...
CEO Compensation Analysis
Compensation vs Market: Murray's total compensation ($USD259.86K) is about average for companies of similar size in the Australian market ($USD277.63K).
Compensation vs Earnings: Murray's compensation has been consistent with company performance over the past year.
|MD, CEO & Director||8.42yrs||AU$365.40k||2.76% |
|CFO & Company Secretary||3.42yrs||AU$311.61k||0.59% |
|General Manager of Namibia||1yr||no data||no data|
|Consulting Exploration Manager of Namibia||1yr||no data||no data|
|Consulting Geologist||1yr||no data||no data|
Experienced Management: MEY's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
|MD, CEO & Director||8.42yrs||AU$365.40k||2.76% |
|Independent Non-Executive Chairman||2.67yrs||AU$65.80k||0.60% |
|Non-Executive Director||8.92yrs||AU$54.55k||1.85% |
Experienced Board: MEY's board of directors are considered experienced (4.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MEY insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 60.7%.
Marenica Energy Limited's company bio, employee growth, exchange listings and data sources
- Name: Marenica Energy Limited
- Ticker: MEY
- Exchange: ASX
- Founded: 1978
- Industry: Coal and Consumable Fuels
- Sector: Energy
- Market Cap: AU$12.760m
- Shares outstanding: 143.37m
- Website: https://marenicaenergy.com.au
- Marenica Energy Limited
- Office C1
- 1139 Hay Street
- West Perth
- Western Australia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MEY||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Jan 1992|
|WTT||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
|MARX.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jan 1992|
|MEY||NMSE (Namibian Stock Exchange)||Yes||Ordinary Shares||NA||ZAR||Jan 1992|
|MEY||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Jan 1992|
Marenica Energy Limited engages in the exploration and evaluation of uranium deposits in Namibia. The company holds 75% interest in the Marenica uranium project covering an area of 321 square kilometers; a ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/26 10:43|
|End of Day Share Price||2020/10/26 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.