Pure Hydrogen Corporation Limited engages in hydrogen and gas businesses.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.33|
|52 Week High||AU$0.15|
|52 Week Low||AU$0.34|
|1 Month Change||41.30%|
|3 Month Change||80.56%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||14.04%|
Recent News & Updates
Here's Why We're Not At All Concerned With Pure Hydrogen's (ASX:PH2) Cash Burn Situation
There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
|PH2||AU Oil and Gas||AU Market|
Return vs Industry: Insufficient data to determine how PH2 performed against the Australian Oil and Gas industry.
Return vs Market: Insufficient data to determine how PH2 performed against the Australian Market.
Stable Share Price: PH2 is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: PH2's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
Pure Hydrogen Corporation Limited engages in hydrogen and gas businesses. It plans and develops hydrogen projects. The company is based in Crows Nest, Australia.
Pure Hydrogen Fundamentals Summary
|PH2 fundamental statistics|
Is PH2 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PH2 income statement (TTM)|
|Cost of Revenue||AU$62.00k|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0086|
|Net Profit Margin||-69,475.00%|
How did PH2 perform over the long term?See historical performance and comparison
Is Pure Hydrogen 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 PH2's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate PH2's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: PH2 is unprofitable, so we can't compare its PE Ratio to the Australian Oil and Gas industry average.
PE vs Market: PH2 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 PH2's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PH2 is overvalued based on its PB Ratio (4.7x) compared to the AU Oil and Gas industry average (2.5x).
How is Pure Hydrogen 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 Pure Hydrogen 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.
How has Pure Hydrogen performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PH2 is currently unprofitable.
Growing Profit Margin: PH2 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PH2 is unprofitable, and losses have increased over the past 5 years at a rate of 46.8% per year.
Accelerating Growth: Unable to compare PH2's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PH2 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: PH2 has a negative Return on Equity (-12.53%), as it is currently unprofitable.
How is Pure Hydrogen's financial position?
Financial Position Analysis
Short Term Liabilities: PH2's short term assets (A$10.8M) exceed its short term liabilities (A$860.0K).
Long Term Liabilities: PH2's short term assets (A$10.8M) exceed its long term liabilities (A$523.0K).
Debt to Equity History and Analysis
Debt Level: PH2 is debt free.
Reducing Debt: PH2 had no debt 5 years ago.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: PH2 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: PH2 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 7.3% each year
What is Pure Hydrogen current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PH2's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PH2's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PH2's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PH2's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PH2's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Scott Brown (56 yo)
Mr. Scott Brown, B.Bus, M.Com, CA, serves as Managing Director at Pure Hydrogen Corporation Limited since March 17, 2021 and serves as its Executive Director. Mr. Brown has an extensive background in finan...
CEO Compensation Analysis
Compensation vs Market: Scott's total compensation ($USD69.67K) is below average for companies of similar size in the Australian market ($USD301.95K).
Compensation vs Earnings: Scott's compensation has been consistent with company performance over the past year.
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.
Dilution of Shares: PH2 only recently listed within the past 12 months.
Pure Hydrogen Corporation Limited's employee growth, exchange listings and data sources
- Name: Pure Hydrogen Corporation Limited
- Ticker: PH2
- Exchange: ASX
- Founded: NaN
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: AU$104.398m
- Shares outstanding: 321.22m
- Website: https://www.purehydrogen.com.au
Number of Employees
- Pure Hydrogen Corporation Limited
- 119 Willoughby Road
- Crows Nest
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 15:52|
|End of Day Share Price||2021/10/19 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.