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NGE Capital

ASX:NGE
Snowflake Description

Flawless balance sheet with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NGE
ASX
A$25M
Market Cap
  1. Home
  2. AU
  3. Energy
Company description

NGE Capital Limited operates as an investment company in Australia. The last earnings update was 35 days ago. More info.


Add to Portfolio Compare Print
  • NGE Capital is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
NGE Share Price and Events
7 Day Returns
2.3%
ASX:NGE
3.4%
AU Oil and Gas
1.7%
AU Market
1 Year Returns
25.2%
ASX:NGE
5.7%
AU Oil and Gas
5.9%
AU Market
NGE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
NGE Capital (NGE) 2.3% -10.7% 3.1% 25.2% 59.5% -74.2%
AU Oil and Gas 3.4% 3.7% 8% 5.7% 35.7% -30.5%
AU Market 1.7% 4% 8.6% 5.9% 21.4% 7.4%
1 Year Return vs Industry and Market
  • NGE outperformed the Oil and Gas industry which returned 5.7% over the past year.
  • NGE outperformed the Market in Australia which returned 5.9% over the past year.
Price Volatility
NGE
Industry
5yr Volatility vs Market

NGE Value

 Is NGE Capital undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for NGE Capital. This is due to cash flow or dividend data being unavailable. The share price is A$0.67.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for NGE Capital's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are NGE Capital's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:NGE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.19
ASX:NGE Share Price ** ASX (2019-04-24) in AUD A$0.67
Australia Oil and Gas Industry PE Ratio Median Figure of 23 Publicly-Listed Oil and Gas Companies 8.09x
Australia Market PE Ratio Median Figure of 543 Publicly-Listed Companies 16.28x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of NGE Capital.

ASX:NGE PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:NGE Share Price ÷ EPS (both in AUD)

= 0.67 ÷ 0.19

3.56x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • NGE Capital is good value based on earnings compared to the AU Oil and Gas industry average.
  • NGE Capital is good value based on earnings compared to the Australia market.
Price based on expected Growth
Does NGE Capital's expected growth come at a high price?
Raw Data
ASX:NGE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 3.56x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Oil and Gas Industry PEG Ratio Median Figure of 17 Publicly-Listed Oil and Gas Companies 0.24x
Australia Market PEG Ratio Median Figure of 359 Publicly-Listed Companies 1.36x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for NGE Capital, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on NGE Capital's assets?
Raw Data
ASX:NGE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.82
ASX:NGE Share Price * ASX (2019-04-24) in AUD A$0.67
Australia Oil and Gas Industry PB Ratio Median Figure of 145 Publicly-Listed Oil and Gas Companies 1.29x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.66x
ASX:NGE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:NGE Share Price ÷ Book Value per Share (both in AUD)

= 0.67 ÷ 0.82

0.82x

* Primary Listing of NGE Capital.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • NGE Capital is good value based on assets compared to the AU Oil and Gas industry average.
X
Value checks
We assess NGE Capital's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. NGE Capital has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

NGE Future Performance

 How is NGE Capital expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 NGE Capital 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
4.2%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is NGE Capital expected to grow at an attractive rate?
  • Unable to compare NGE Capital's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare NGE Capital's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare NGE Capital's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:NGE Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 4.2%
Australia Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.7%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.8%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:NGE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:NGE Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 -3 7
2018-06-30 3 -9 7
2018-03-31 2 -8 6
2017-12-31 1 -8 5
2017-06-30 4 -3 5
2017-03-31 2 -4 3
2016-12-31 0 -4 1
2016-06-30 0 -7 -6
2016-03-31 0 -5 -4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if NGE Capital is high growth as no earnings estimate data is available.
  • Unable to determine if NGE Capital is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:NGE Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from NGE Capital Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:NGE Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.19
2018-06-30 0.20
2018-03-31 0.16
2017-12-31 0.13
2017-06-30 0.13
2017-03-31 0.08
2016-12-31 0.02
2016-06-30 -0.01
2016-03-31 -0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if NGE Capital will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether NGE Capital is trading at NGE Capital'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. NGE Capital's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. NGE Capital's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess NGE Capital's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
NGE Capital has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

NGE Past Performance

  How has NGE Capital performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare NGE Capital's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • NGE Capital has delivered over 20% year on year earnings growth in the past 5 years.
  • NGE Capital's 1-year earnings growth is less than its 5-year average (44% vs 63.4%)
  • NGE Capital's earnings growth has exceeded the AU Oil and Gas industry average in the past year (44% vs 12.9%).
Earnings and Revenue History
NGE Capital's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from NGE Capital Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:NGE Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 0.31 7.03 0.96
2018-06-30 3.48 7.36 1.20
2018-03-31 2.11 6.12 1.01
2017-12-31 0.74 4.89 0.83
2017-06-30 4.30 5.14 0.71
2017-03-31 2.32 2.99 0.62
2016-12-31 0.34 0.85 0.54
2016-06-30 0.34 -5.97 -0.20
2016-03-31 0.25 -3.70 0.08
2015-12-31 0.16 -1.44 0.37
2015-09-30 1.21 -14.96 0.97
2015-06-30 1.20 5.85 1.02
2015-03-31 1.20 -0.59 0.88
2014-12-31 1.20 -7.03 0.75
2014-09-30 0.90 -13.13 0.80
2014-06-30 0.59 -19.24 0.84
2014-03-31 0.86 -15.53 0.81
2013-12-31 1.13 -11.83 0.78
2013-09-30 1.05 -2.54 0.86
2013-06-30 0.97 6.75 0.95
2013-03-31 0.95 6.24 1.22
2012-12-31 0.92 5.72 1.49
2012-09-30 1.55 0.17 1.93
2012-06-30 2.18 -5.38 2.37

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • NGE Capital has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • NGE Capital used its assets more efficiently than the AU Oil and Gas industry average last year based on Return on Assets.
  • It is difficult to establish if NGE Capital improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess NGE Capital's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
NGE Capital has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

NGE Health

 How is NGE Capital's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up NGE Capital's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • NGE Capital is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • NGE Capital's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of NGE Capital's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • NGE Capital has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from NGE Capital Company Filings, last reported 3 months ago.

ASX:NGE Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 30.50 0.00 28.87
2018-06-30 29.61 0.00 29.90
2018-03-31 29.61 0.00 29.90
2017-12-31 23.63 0.00 23.96
2017-06-30 22.52 0.00 25.49
2017-03-31 22.52 0.00 25.49
2016-12-31 20.60 0.00 20.44
2016-06-30 19.32 0.00 19.36
2016-03-31 19.32 0.00 19.36
2015-12-31 20.19 0.00 20.30
2015-09-30 20.19 0.00 20.30
2015-06-30 59.87 0.00 19.03
2015-03-31 59.87 0.00 19.03
2014-12-31 56.05 22.67 1.03
2014-09-30 56.05 22.67 1.03
2014-06-30 53.88 21.72 1.05
2014-03-31 53.88 21.72 1.05
2013-12-31 62.89 20.81 3.67
2013-09-30 62.89 20.81 3.67
2013-06-30 73.03 19.99 7.38
2013-03-31 73.03 19.99 7.38
2012-12-31 74.61 19.19 13.38
2012-09-30 74.61 19.19 13.38
2012-06-30 66.16 18.43 5.85
  • NGE Capital has no debt.
  • NGE Capital has no debt compared to 5 years ago when it was 33.2%.
  • NGE Capital has no debt, it does not need to be covered by operating cash flow.
  • NGE Capital has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess NGE Capital's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. NGE Capital has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

NGE Dividends

 What is NGE Capital's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from NGE Capital dividends.
If you bought A$2,000 of NGE Capital shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate NGE Capital's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate NGE Capital's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:NGE Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Australia Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 4.5%
Australia Market Average Dividend Yield Market Cap Weighted Average of 417 Stocks 4.2%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.5%
Australia Bottom 25% Dividend Yield 25th Percentile 2.5%
Australia Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as NGE Capital has not reported any payouts.
  • Unable to verify if NGE Capital's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of NGE Capital's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as NGE Capital has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess NGE Capital's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.5%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can NGE Capital afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. NGE Capital has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

NGE Management

 What is the CEO of NGE Capital's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Michael Arnett
COMPENSATION A$301,040
AGE 56
TENURE AS CEO 5 years
CEO Bio

Mr. Michael Norman Arnett, B.Com., LL.B., has been Chief Executive Officer of New Guinea Energy Limited since April 30, 2014. Mr. Arnett serves as an Executive Director of Queensland Energy Resources Limited. He serves as Executive Chairman at New Guinea Energy Limited. He is Director of Archipelago Metals Limited. Mr. Arnett has over 25 years of experience as a Lawyer, Corporate Adviser and Director of professional service firms and publicly listed companies. He has extensive board and management experience in natural resources and professional services organisations, with significant experience in the corporate, commercial, mining and natural resources, banking, finance and securities sectors. He served as a Consultant of Norton Rose Australia (formerly, Deacons/Norton Rose), an international law firm. Mr. Arnett served as the Chief Executive Officer of New Guinea Energy Limited from May 4, 2009 to June 2011. He was a Partner and served as Chief Operating Officer and National Head of the Natural Resources Business Unit of international law firm, Deacons. He spent the past 20 years practicing as a lawyer in the areas of corporate, mining and commercial law. He has been involved in significant corporate and commercial legal work for the resource industry for over 20 years. He acts for a number of junior and major exploration and mining companies with operations in Australia, Asia and Africa. He has been the Chairman of NRW Holdings Limited since March 9, 2016. He served as the Non-Executive Chairman of New Guinea Energy Limited since June 30, 2012 and served as its Executive Chairman from May 4, 2009 to June 30, 2012 and also served as its Non-Executive Chairman since April 1, 2009. Mr. Arnett served as Non Executive Chairman of Anzon Energy Pty Limited (alternate name, Anzon Energy Limited) from April 04, 2007 to September 2008. He served as Non-Executive Director of Kogi Iron Limited since September 2018 until November 27, 2018. He served as Non Executive Chairman of Aztec Resources Limited from December 13, 2006 to 2007. He served as the Deputy Chairman of SGH Energy Pty Limited until October 31, 2012. He serves as a Non Executive Director of Pathfinder Energy Pty Ltd. He has been a Director of New Guinea Energy Ltd since April 1, 2009 and The Queensland Bulk Water Supply Authority since January 1, 2013. He has been a Non-executive Director of NRW Holdings Limited since July 27, 2007 and Bridgeport Energy Limited since June 2009. Mr. Arnett serves as a Director of UnityWater, Queensland Rugby Union Limited. He served as a Director of Archipelago Resources PLC from 2002 to October 6, 2010. He served as an Independent Non Executive Director of Agrimin Limited (alternate name, Global Resources Corporation Limited) from June 22, 2007 to December 9, 2011. He served as a Director of Red Sky Energy Limited (Australia) from February 22, 2007 to February 18, 2009. He served as a Non Executive Director of SGH Energy Pty Limited from May 28, 2009 to October 31, 2012; Roc Oil (Vic) Pty Limited from December 18, 2003 to September 2008; Anzon Energy Pty Limited from January 30, 2002 to September 2008; Anzon Australia Pty Limited from December 18, 2003 to September 2008; Axiom Mining Limited from July 20, 2006 to April 30, 2007; Artemis Resources Limited from June 28, 2006 to October 19, 2006 and Aztec Resources Limited from April 20, 2004 to 2007. He served as a Director at Kids Campus Limited from December 21, 1999 to May 29, 2006 and Bambuu Ltd. since December 21, 1999 and South East Queensland Water Corporation Pty Limited. Mr. Arnett holds Bachelor of Commerce and Bachelor of Law degrees from the University of New South Wales, Australia.

CEO Compensation
  • Michael's compensation has increased by more than 20% in the past year.
  • Michael's remuneration is lower than average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the NGE Capital management team in years:

2.2
Average Tenure
  • The tenure for the NGE Capital management team is about average.
Management Team

David Lamm

TITLE
Executive Chairman & Chief Investment Officer
COMPENSATION
A$454K
TENURE
1.6 yrs

Leslie Smith

TITLE
CFO & Secretary
COMPENSATION
A$169K
TENURE
2.8 yrs

Adam Saunders

TITLE
Portfolio Manager & Executive Director
COMPENSATION
A$250K
TENURE
1.6 yrs

Michael Arnett

TITLE
Chief Executive Officer
COMPENSATION
A$301K
AGE
56
TENURE
5 yrs

Francis Waina

TITLE
Exploration Manager
Board of Directors Tenure

Average tenure of the NGE Capital board of directors in years:

3.2
Average Tenure
  • The tenure for the NGE Capital board of directors is about average.
Board of Directors

David Lamm

TITLE
Executive Chairman & Chief Investment Officer
COMPENSATION
A$454K
TENURE
3.2 yrs

Adam Saunders

TITLE
Portfolio Manager & Executive Director
COMPENSATION
A$250K
TENURE
3.8 yrs

Ilan Rimer

TITLE
Non-Executive Director
COMPENSATION
A$25K
TENURE
1.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
04. Feb 19 Buy Riflerange Trading Company Proprietary Limited Company 29. Jan 19 29. Jan 19 29,817 A$0.65 A$19,487
12. Dec 18 Buy David Lamm Individual 12. Dec 18 12. Dec 18 35,000 A$0.59 A$20,489
X
Management checks
We assess NGE Capital's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. NGE Capital has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

NGE News

Simply Wall St News

How NGE Capital Limited (ASX:NGE) Delivered A Better ROE Than Its Industry

This analysis is intended to introduce important early concepts to people who are starting to invest. … and want to start learning about core concepts of fundamental analysis on practical examples from today's market. … If NGE borrows debt to invest in its business, its profits will be higher.

Simply Wall St -

What Does NGE Capital Limited's (ASX:NGE) Ownership Structure Look Like?

In this article, I'm going to take a look at NGE Capital Limited’s (ASX:NGE) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … Although this is an important factor for long-term investors, many investors can also be impacted by institutional presence and their high-volume trading. … ASX:NGE Ownership Summary August 1st 18

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Why NGE Capital Limited (ASX:NGE) Is An Attractive Investment

NGE Capital Limited (ASX:NGE) is a company with exceptional fundamental characteristics. … Upon building up an investment case for a stock, we should look at various aspects. … Below, I've touched on some key aspects you should know on a high level

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NGE Capital Limited (ASX:NGE): What Does It Mean For Your Portfolio?

View our latest analysis for NGE Capital An interpretation of NGE's beta NGE Capital has a beta of 2.04, which means that the percentage change in its stock value will be higher than the entire market in times of booms and busts. … With a market cap of AU$23.40M, NGE falls within the small-cap spectrum of stocks, which are found to experience higher relative risk compared to larger companies. … However, this is the opposite to what NGE’s actual beta value suggests, which is higher stock volatility relative to the market.

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Is It Time To Buy NGE Capital Limited (ASX:NGE) Based Off Its PE Ratio?

Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for NGE Price per share = A$0.48 Earnings per share = A$0.126 ∴ Price-Earnings Ratio = A$0.48 ÷ A$0.126 = 3.8x The P/E ratio itself doesn’t tell you a lot; however, it becomes very insightful when you compare it with other similar companies. … NGE’s P/E of 3.8x is lower than its industry peers (8.5x), which implies that each dollar of NGE’s earnings is being undervalued by investors. … For example, if you accidentally compared higher growth firms with NGE, then NGE’s P/E would naturally be lower since investors would reward its peers’ higher growth with a higher price.

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Did NGE Capital Limited (ASX:NGE) Create Value For Shareholders?

View our latest analysis for NGE Capital Breaking down Return on Equity Firstly, Return on Equity, or ROE, is simply the percentage of last years’ earning against the book value of shareholders’ equity. … Return on Equity = Net Profit ÷ Shareholders Equity ROE is measured against cost of equity in order to determine the efficiency of NGE Capital’s equity capital deployed. … This is called the Dupont Formula: Dupont Formula ROE = profit margin × asset turnover × financial leverage ROE = (annual net profit ÷ sales) × (sales ÷ assets) × (assets ÷ shareholders’ equity) ROE = annual net profit ÷ shareholders’ equity ASX:NGE Last Perf Mar 6th 18 Essentially, profit margin shows how much money the company makes after paying for all its expenses.

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How Did NGE Capital Limited's (ASX:NGE) 24.56% ROE Fare Against The Industry?

Check out our latest analysis for NGE Capital Breaking down Return on Equity Return on Equity (ROE) weighs NGE’s profit against the level of its shareholders’ equity. … Return on Equity = Net Profit ÷ Shareholders Equity ROE is assessed against cost of equity, which is measured using the Capital Asset Pricing Model (CAPM) – but let’s not dive into the details of that today. … This is called the Dupont Formula: Dupont Formula ROE = profit margin × asset turnover × financial leverage ROE = (annual net profit ÷ sales) × (sales ÷ assets) × (assets ÷ shareholders’ equity) ROE = annual net profit ÷ shareholders’ equity ASX:NGE Last Perf Dec 4th 17 Essentially, profit margin shows how much money the company makes after paying for all its expenses.

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Why You Need To Look At This Factor Before Buying NGE Capital Limited (ASX:NGE)

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive. … However, this is the opposite to what NGE’s actual beta value suggests, which is higher stock volatility relative to the market.

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Best ASX Undervalued Companies

In terms of relative valuation, NGE’s PE ratio is currently around 3.4x relative to its oil, gas and consumable fuels peer level of 10.5x, suggesting that relative to its comparable company group, we can purchase NGE’s shares for cheaper. … Additionally, FLK’s PE ratio is around 13.3x compared to its real estate management and development peer level of 12.3x, indicating that relative to its comparable company group, FLK’s shares can be purchased for a lower price. … Moreover, MEA’s PE ratio is currently around 14.7x compared to its real estate management and development peer level of 12.3x, suggesting that relative to its comparable company group, you can buy MEA for a cheaper price.

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NGE Company Info

Description

NGE Capital Limited operates as an investment company in Australia. It invests in listed and unlisted securities. The company was formerly known as New Guinea Energy Limited and changed its name to NGE Capital Limited in June 2017. NGE Capital Limited was founded in 2005 and is based in Melbourne, Australia.

Details
Name: NGE Capital Limited
NGE
Exchange: ASX
Founded: 2005
A$24,920,498
37,194,774
Website: http://ngecapital.com.au
Address: NGE Capital Limited
North Building,
Level 4,
Melbourne,
Victoria, 3000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX NGE Ordinary Shares Australian Securities Exchange AU AUD 28. Dec 2007
OTCPK NGEL.F Ordinary Shares Pink Sheets LLC US USD 28. Dec 2007
DB TTU Ordinary Shares Deutsche Boerse AG DE EUR 28. Dec 2007
CHIA NGE Ordinary Shares Chi-X Australia AU AUD 28. Dec 2007
Number of employees
Current staff
Staff numbers
0
NGE Capital employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/25 10:33
End of day share price update: 2019/04/24 00:00
Last earnings filing: 2019/03/21
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.