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PH2

Pure HydrogenASX:PH2 Stock Report

Market Cap

AU$104.4m

7D

22.6%

1Y

n/a

Updated

19 Oct, 2021

Data

Company Financials
PH2 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

PH2 Overview

Pure Hydrogen Corporation Limited engages in hydrogen and gas businesses.

Price History & Performance

Summary of all time highs, changes and price drops for Pure Hydrogen
Historical stock prices
Current Share PriceAU$0.33
52 Week HighAU$0.15
52 Week LowAU$0.34
Beta0
1 Month Change41.30%
3 Month Change80.56%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO14.04%

Recent News & Updates

Oct 04
Here's Why We're Not At All Concerned With Pure Hydrogen's (ASX:PH2) Cash Burn Situation

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...

Shareholder Returns

PH2AU Oil and GasAU Market
7D22.6%0.2%1.7%
1Yn/a48.7%20.2%

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.

Price Volatility

Is PH2's price volatile compared to industry and market?
PH2 volatility
PH2 Beta0
Industry Beta1.28
Market Beta1

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

FoundedEmployeesCEOWebsite
n/a4Scott Brownhttps://www.purehydrogen.com.au

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


Earnings & Revenue

Key profitability statistics from the latest earnings report
PH2 income statement (TTM)
RevenueAU$4.00k
Cost of RevenueAU$62.00k
Gross Profit-AU$58.00k
ExpensesAU$2.72m
Earnings-AU$2.78m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0086
Gross Margin-1,450.00%
Net Profit Margin-69,475.00%
Debt/Equity Ratio0.0%

How did PH2 perform over the long term?

See historical performance and comparison

Valuation

Is Pure Hydrogen undervalued compared to its fair value and its price relative to the market?

4.71x

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).


Future Growth

How is Pure Hydrogen forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.1%

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.


Past Performance

How has Pure Hydrogen performed over the past 5 years?

-46.8%

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.


Financial Health

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.


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: 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


Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

AU$94k

CEO Compensation


CEO

Scott Brown (56 yo)

no data

Tenure

AU$94,000

Compensation

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.


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.


Ownership Breakdown

Dilution of Shares: PH2 only recently listed within the past 12 months.


Top Shareholders

Company Information

Pure Hydrogen Corporation Limited's employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Pure Hydrogen Corporation Limited
  • 119 Willoughby Road
  • Crows Nest
  • New South Wales
  • 2065
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 15:52
End of Day Share Price2021/10/19 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.