ASX:PVE

Stock Analysis Report

Po Valley Energy

Executive Summary

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

Snowflake

Fundamentals

Weak fundamentals or lack of information.


Similar Companies

Share Price & News

How has Po Valley Energy's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

PVE

4.5%

AU Oil and Gas

1.7%

AU Market


1 Year Return

21.4%

PVE

-9.5%

AU Oil and Gas

10.3%

AU Market

Return vs Industry: PVE exceeded the Australian Oil and Gas industry which returned -9.5% over the past year.

Return vs Market: PVE exceeded the Australian Market which returned 10.3% over the past year.


Shareholder returns

PVEIndustryMarket
7 Day0%4.5%1.7%
30 Day-8.9%-2.1%-0.4%
90 Day-15.0%2.7%-0.1%
1 Year21.4%21.4%-5.7%-9.5%16.7%10.3%
3 Year370.2%240.0%16.5%4.4%36.7%18.4%
5 Year61.0%-57.5%-11.0%-27.1%50.9%16.9%

Price Volatility Vs. Market

How volatile is Po Valley Energy's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

3.85x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

Significantly Undervalued: 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 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

Low 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 overvalued based on its PB Ratio (3.8x) compared to the AU Oil and Gas industry average (1.3x).


Next Steps

Future Growth

How is Po Valley Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

7.3%

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.


Next Steps

Past Performance

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

22.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: PVE is unprofitable, but has reduced losses over the past 5 years at a rate of 22.1% 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 (68.1%).


Return on Equity

High ROE: PVE has a negative Return on Equity (-26.4%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: PVE is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: PVE is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Po Valley Energy's financial position?


Financial Position Analysis

Short Term Liabilities: PVE's short term assets (€389.4K) do not cover its short term liabilities (€1.1M)

Long Term Liabilities: PVE's short term assets (389.4K) do not cover its long term liabilities (2.9M)


Debt to Equity History and Analysis

Debt Level: PVE's debt to equity ratio (56.5%) is considered high

Reducing Debt: PVE's debt to equity ratio has increased from 14.8% to 56.5% over the past 5 years.


Balance Sheet

Inventory Level: PVE has a high level of physical assets or inventory.

Debt Coverage by Assets: PVE's debt is not covered by short term assets (assets are 0.1x debt).


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

Forecast Cash Runway: PVE has less than a year of cash runway if free cash flow continues to reduce at historical rates of -13.6% each year


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.5%markettop25%5.6%industryaverage4.5%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

What is the CEO of Po Valley Energy's salary, the management and board of directors tenure and is there insider trading?

3.5yrs

Average board tenure


CEO

Michael Masterman (56yo)

1.9yrs

Tenure

0

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 has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the Australian market.

Compensation vs Earnings: Michael's compensation has increased whilst the company is unprofitable.


Board Age and Tenure

3.5yrs

Average Tenure

58yo

Average Age

Experienced Board: PVE's board of directors are considered experienced (3.5 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Buy€28,42413 Aug 19
P & N Dairies Pty Ltd
EntityCompany
Shares670,000
Max Price€0.05
Buy€53,19906 Jun 19
Michael Masterman
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares1,400,000
Max Price€0.038
Buy€303,99506 Jun 19
Kevin Bailey
EntityIndividual
Role
Member of the Board of Directors
Non Executive Director
Shares8,000,000
Max Price€0.038
Buy€99,99827 May 19
Kevin Bailey
EntityIndividual
Role
Member of the Board of Directors
Non Executive Director
Shares2,380,952
Max Price€0.042
Buy€99,99827 May 19
Byron Pirola
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares2,380,952
Max Price€0.042
Buy€223,99527 May 19
Michael Masterman
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares5,333,333
Max Price€0.042
Buy€99,99927 Dec 18
Supervised Investments Australia Limited
EntityCompany
Shares2,380,952
Max Price€0.042
Buy€138,28127 Dec 18
Donus Australia Foundation Limited, Endowment Arm
EntityCompany
Shares3,201,529
Max Price€0.043
Buy€117,42327 Dec 18
Supervised Investments Australia Limited
EntityCompany
Shares2,704,031
Max Price€0.043

Ownership Breakdown


Management Team

  • Kevin Hart (57yo)

    Company Secretary

    • Tenure: 1.5yrs
  • Michael Masterman (56yo)

    Chairman & CEO

    • Tenure: 1.9yrs

Board Members

  • Michael Masterman (56yo)

    Chairman & CEO

    • Tenure: 1.9yrs
  • Byron Pirola (58yo)

    Non-Executive Director

    • Tenure: 17.4yrs
    • Compensation: €14.79k
  • Kevin Bailey (59yo)

    Non Executive Director

    • Tenure: 3.4yrs
    • Compensation: €14.79k

Company Information

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


Key Information

  • Name: Po Valley Energy Limited
  • Ticker: PVE
  • Exchange: ASX
  • Founded:
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: AU$32.455m
  • Shares outstanding: 636.38m
  • Website: https://www.povalley.com

Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PVEASX (Australian Securities Exchange)YesOrdinary SharesAUAUDDec 2004
PVECHIA (Chi-X Australia)YesOrdinary SharesAUAUDDec 2004

Biography

Po Valley Energy Limited operates as an oil and gas exploration, development, and production company in the Po Valley region, Italy. The company’s portfolio includes a total of four onshore assets and one  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/18 10:30
End of Day Share Price2019/10/15 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.