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PVE

Po Valley EnergyASX:PVE Stock Report

Market Cap

AU$33.2m

7D

-2.9%

1Y

17.9%

Updated

20 Oct, 2021

Data

Company Financials
PVE fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

PVE Overview

Po Valley Energy Limited operates as an oil and gas exploration and development company in the Po Valley region, Italy.

Po Valley Energy Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Po Valley Energy
Historical stock prices
Current Share PriceAU$0.033
52 Week HighAU$0.025
52 Week LowAU$0.04
Beta0.92
1 Month Change26.92%
3 Month Change17.86%
1 Year Change17.86%
3 Year Change-21.43%
5 Year Change120.00%
Change since IPO-96.86%

Recent News & Updates

Apr 01
Is Po Valley Energy (ASX:PVE) Using Too Much Debt?

Is Po Valley Energy (ASX:PVE) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Dec 13
How Should Investors React To Po Valley Energy's (ASX:PVE) CEO Pay?

How Should Investors React To Po Valley Energy's (ASX:PVE) CEO Pay?

Michael Masterman has been the CEO of Po Valley Energy Limited ( ASX:PVE ) since 2017, and this article will examine...

Shareholder Returns

PVEAU Oil and GasAU Market
7D-2.9%0.2%1.7%
1Y17.9%48.7%20.2%

Return vs Industry: PVE underperformed the Australian Oil and Gas industry which returned 48.7% over the past year.

Return vs Market: PVE underperformed the Australian Market which returned 20.2% over the past year.

Price Volatility

Is PVE's price volatile compared to industry and market?
PVE volatility
PVE Beta0.92
Industry Beta1.28
Market Beta1

Stable Share Price: Insufficient data to determine PVE's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine PVE's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
1999n/aMichael Mastermanhttps://www.povalley.com

Po Valley Energy Limited operates as an oil and gas exploration and development company in the Po Valley region, Italy. The company’s project portfolio include the Teodorico project located in the shallow waters of the Adriatic Sea; the Podere Gallina (Selva) licence situated in the Emilia Romagna Region; and Torre del Moro gas/oil condensate and Ravizza/Bagnolo exploration licenses in Piano. It also owns and operates two gas treatment plants.

Po Valley Energy Fundamentals Summary

How do Po Valley Energy's earnings and revenue compare to its market cap?
PVE fundamental statistics
Market Cap€21.34m
Earnings (TTM)-€794.72k
Revenue (TTM)€26.42k

1.1kx

P/S Ratio

-27.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PVE income statement (TTM)
Revenue€26.42k
Cost of Revenue€0
Gross Profit€26.42k
Expenses€821.14k
Earnings-€794.72k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.00078
Gross Margin100.00%
Net Profit Margin-3,008.61%
Debt/Equity Ratio18.1%

How did PVE perform over the long term?

See historical performance and comparison

Valuation

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

2.44x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: PVE is good value based on its PB Ratio (2.4x) compared to the AU Oil and Gas industry average (2.5x).


Future Growth

How is Po Valley Energy 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 Po Valley 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.


Past Performance

How has Po Valley Energy performed over the past 5 years?

31.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PVE is currently unprofitable.

Growing Profit Margin: PVE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PVE is unprofitable, but has reduced losses over the past 5 years at a rate of 31.5% per year.

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

Earnings vs Industry: PVE 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: PVE has a negative Return on Equity (-9.08%), as it is currently unprofitable.


Financial Health

How is Po Valley Energy's financial position?


Financial Position Analysis

Short Term Liabilities: PVE's short term assets (€1.9M) do not cover its short term liabilities (€2.4M).

Long Term Liabilities: PVE has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: PVE's debt to equity ratio (18.1%) is considered satisfactory.

Reducing Debt: PVE's debt to equity ratio has increased from 6.1% to 18.1% 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: PVE has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: PVE has sufficient cash runway for 2.1 years if free cash flow continues to grow at historical rates of 6.6% each year.


Dividend

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


Dividend Yield vs Market

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

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

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

5.4yrs

Average board tenure


CEO

Michael Masterman (58 yo)

3.92yrs

Tenure

€100,002

Compensation

Mr. Michael George Masterman, BEcHons, is the Co-Founder of W Resources Plc and serves as its Executive Chairman and Director. He serves as Chief Executive Officer of W Resources Plc. Mr. Masterman has bee...


CEO Compensation Analysis

Compensation vs Market: Michael's total compensation ($USD116.36K) is below average for companies of similar size in the Australian market ($USD302.06K).

Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: PVE's board of directors are considered experienced (5.4 years average tenure).


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 55.5%.


Top Shareholders

Company Information

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


Key Information

  • Name: Po Valley Energy Limited
  • Ticker: PVE
  • Exchange: ASX
  • Founded: 1999
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: AU$33.219m
  • Shares outstanding: 1.01b
  • Website: https://www.povalley.com

Location

  • Po Valley Energy Limited
  • 7 The Esplanade
  • Suite 8
  • Mount Pleasant
  • Western Australia
  • 6153
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 07:04
End of Day Share Price2021/10/18 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.