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PGY

Pilot EnergyASX:PGY Stock Report

Market Cap

AU$36.6m

7D

19.7%

1Y

121.2%

Updated

25 Oct, 2021

Data

Company Financials +
PGY fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance0/6
Financial Health3/6
Dividends0/6

PGY Overview

Pilot Energy Limited engages in the acquisition, exploration, and development of conventional oil and gas assets in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Pilot Energy
Historical stock prices
Current Share PriceAU$0.073
52 Week HighAU$0.024
52 Week LowAU$0.092
Beta0.89
1 Month Change17.74%
3 Month Changen/a
1 Year Change121.21%
3 Year Change247.62%
5 Year Change-27.00%
Change since IPO-97.22%

Recent News & Updates

Shareholder Returns

PGYAU Oil and GasAU Market
7D19.7%-4.1%0.6%
1Y121.2%41.3%21.3%

Return vs Industry: PGY exceeded the Australian Oil and Gas industry which returned 41.3% over the past year.

Return vs Market: PGY exceeded the Australian Market which returned 21.3% over the past year.

Price Volatility

Is PGY's price volatile compared to industry and market?
PGY volatility
PGY Beta0.89
Industry Beta1.29
Market Beta1

Stable Share Price: PGY is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: PGY's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
1998n/aTony Strasserhttps://www.pilotenergy.com.au

Pilot Energy Limited engages in the acquisition, exploration, and development of conventional oil and gas assets in Australia. The company holds 100% working interests in EP416 and EP480 exploration permits covering an area of 2,310 square kilometers located in southern Perth basin; and 13.058% working interests in the EP437 situated in the northern Perth basin. It also holds a 60% working interests in the WA-481-P exploration permit covering 8,630 square kilometers; and 80% working interests in the WA-503-P exploration permit located in the offshore north Perth basin.

Pilot Energy Fundamentals Summary

How do Pilot Energy's earnings and revenue compare to its market cap?
PGY fundamental statistics
Market CapAU$36.62m
Earnings (TTM)-AU$2.84m
Revenue (TTM)AU$355.61k

104.3x

P/S Ratio

-12.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PGY income statement (TTM)
RevenueAU$355.61k
Cost of RevenueAU$0
Gross ProfitAU$355.61k
ExpensesAU$3.20m
Earnings-AU$2.84m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0057
Gross Margin100.00%
Net Profit Margin-799.95%
Debt/Equity Ratio12.7%

How did PGY perform over the long term?

See historical performance and comparison

Valuation

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

93.59x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate PGY's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate PGY's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: PGY is unprofitable, so we can't compare its PE Ratio to the Australian Oil and Gas industry average.

PE vs Market: PGY 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 PGY's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PGY is overvalued based on its PB Ratio (93.6x) compared to the AU Oil and Gas industry average (2.6x).


Future Growth

How is Pilot Energy forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

162.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PGY is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: PGY is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: PGY's is expected to become profitable in the next 3 years.

Revenue vs Market: Insufficient data to determine if PGY's revenue is forecast to grow faster than the Australian market.

High Growth Revenue: Insufficient data to determine if PGY's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if PGY's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Pilot Energy performed over the past 5 years?

18.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PGY is currently unprofitable.

Growing Profit Margin: PGY is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PGY is unprofitable, but has reduced losses over the past 5 years at a rate of 18.1% per year.

Accelerating Growth: Unable to compare PGY's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PGY 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: PGY has a negative Return on Equity (-722.48%), as it is currently unprofitable.


Financial Health

How is Pilot Energy's financial position?


Financial Position Analysis

Short Term Liabilities: PGY's short term assets (A$589.9K) exceed its short term liabilities (A$282.9K).

Long Term Liabilities: PGY's short term assets (A$589.9K) exceed its long term liabilities (A$11.5K).


Debt to Equity History and Analysis

Debt Level: PGY's debt to equity ratio (12.7%) is considered satisfactory.

Reducing Debt: PGY's debt to equity ratio has increased from 2.1% to 12.7% over the past 5 years.


Balance Sheet


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: PGY has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: PGY has less than a year of cash runway if free cash flow continues to reduce at historical rates of 26.9% each year


Dividend

What is Pilot Energy current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

0.5yrs

Average management tenure


CEO

Tony Strasser

0.42

Tenure

Mr. Anthony James Strasser, also known as Tony, BComm (Accounting), CA, serves as Managing Director at Pilot Energy Limited since May 31, 2021 and serves as its Director since May 28, 2021. He served as t...


Leadership Team

Experienced Management: PGY's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.


Board Members

Experienced Board: PGY's board of directors are not considered experienced ( 0.8 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 been substantially diluted in the past year, with total shares outstanding growing by 297.7%.


Top Shareholders

Company Information

Pilot Energy Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Pilot Energy Limited
  • Ticker: PGY
  • Exchange: ASX
  • Founded: 1998
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: AU$36.617m
  • Shares outstanding: 501.60m
  • Website: https://www.pilotenergy.com.au

Location

  • Pilot Energy Limited
  • 1/85 Elizabeth Street
  • Paddington
  • New South Wales
  • 2021
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 16:41
End of Day Share Price2021/10/25 00:00
Earnings2021/03/31
Annual Earnings2020/09/30


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.