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Real Energy

ASX:RLE
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
RLE
ASX
A$30M
Market Cap
  1. Home
  2. AU
  3. Energy
Company description

Real Energy Corporation Limited engages in the exploration and evaluation of oil and gas projects in Australia. The last earnings update was 37 days ago. More info.


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  • Real Energy has significant price volatility in the past 3 months.
RLE Share Price and Events
7 Day Returns
2.4%
ASX:RLE
1.4%
AU Oil and Gas
0.7%
AU Market
1 Year Returns
-19%
ASX:RLE
3.8%
AU Oil and Gas
4.7%
AU Market
RLE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Real Energy (RLE) 2.4% -13.3% -3.4% -19% -15% -61.4%
AU Oil and Gas 1.4% -1.6% 5.5% 3.8% 28.7% -32.5%
AU Market 0.7% 1.1% 6.5% 4.7% 17.5% 4.9%
1 Year Return vs Industry and Market
  • RLE underperformed the Oil and Gas industry which returned 3.8% over the past year.
  • RLE underperformed the Market in Australia which returned 4.7% over the past year.
Price Volatility
RLE
Industry
5yr Volatility vs Market

Value

 Is Real Energy undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Real Energy. This is due to cash flow or dividend data being unavailable. The share price is A$0.085.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Real Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Real Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:RLE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$-0.01
ASX:RLE Share Price ** ASX (2019-04-18) in AUD A$0.09
Australia Oil and Gas Industry PE Ratio Median Figure of 23 Publicly-Listed Oil and Gas Companies 7.92x
Australia Market PE Ratio Median Figure of 545 Publicly-Listed Companies 16.18x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Real Energy.

ASX:RLE PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:RLE Share Price ÷ EPS (both in AUD)

= 0.09 ÷ -0.01

-15.94x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Real Energy is loss making, we can't compare its value to the AU Oil and Gas industry average.
  • Real Energy is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Real Energy's expected growth come at a high price?
Raw Data
ASX:RLE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -15.94x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Oil and Gas Industry PEG Ratio Median Figure of 17 Publicly-Listed Oil and Gas Companies 0.24x
Australia Market PEG Ratio Median Figure of 361 Publicly-Listed Companies 1.38x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Real Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Real Energy's assets?
Raw Data
ASX:RLE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.10
ASX:RLE Share Price * ASX (2019-04-18) in AUD A$0.09
Australia Oil and Gas Industry PB Ratio Median Figure of 144 Publicly-Listed Oil and Gas Companies 1.31x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.68x
ASX:RLE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:RLE Share Price ÷ Book Value per Share (both in AUD)

= 0.09 ÷ 0.10

0.84x

* Primary Listing of Real Energy.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Real Energy is good value based on assets compared to the AU Oil and Gas industry average.
X
Value checks
We assess Real Energy's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Real Energy has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Real Energy expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Real 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
4.2%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Real Energy expected to grow at an attractive rate?
  • Unable to compare Real Energy's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Real Energy's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Real Energy's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:RLE Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 4.2%
Australia Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.7%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.6%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:RLE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:RLE Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
ASX:RLE Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 -1 -1
2018-09-30 0 -1 -1
2018-06-30 0 -1 -1
2018-03-31 1 -1 -1
2017-12-31 1 -1 -1
2017-09-30 1 0 -1
2017-06-30 1 1 -1
2017-03-31 1 1 0
2016-12-31 2 1 0
2016-09-30 2 3 0
2016-06-30 2 6 0
2016-03-31 4 6 2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Real Energy is high growth as no earnings estimate data is available.
  • Unable to determine if Real Energy is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:RLE Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Real Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:RLE Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
ASX:RLE Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 -0.01
2018-09-30 -0.01
2018-06-30 -0.01
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 0.00
2016-09-30 0.00
2016-06-30 0.00
2016-03-31 0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Real Energy will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Real Energy's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Real Energy's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. Real Energy's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Real Energy's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Real Energy has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Real Energy performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Real Energy's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Real Energy does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Real Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Real Energy's 1-year growth to the AU Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Real Energy's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Real Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:RLE Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 0.11 -1.46 0.93
2018-09-30 0.14 -1.43 0.95
2018-06-30 0.16 -1.40 0.97
2018-03-31 0.59 -1.00 0.93
2017-12-31 1.02 -0.60 0.89
2017-09-30 1.01 -0.70 0.88
2017-06-30 1.01 -0.79 0.88
2017-03-31 1.36 -0.45 0.84
2016-12-31 1.72 -0.11 0.80
2016-09-30 1.72 -0.07 0.78
2016-06-30 1.72 -0.03 0.76
2016-03-31 4.13 1.91 0.76
2015-12-31 6.53 3.86 0.77
2015-09-30 6.57 3.91 0.84
2015-06-30 6.61 3.97 0.91
2015-03-31 3.61 1.63 0.77
2014-12-31 0.61 -0.71 0.64
2014-09-30 0.58 -0.85 0.79
2014-06-30 0.56 -0.99 0.94
2014-03-31 0.40 -1.21 0.94
2013-12-31 0.25 -1.44 0.94
2013-09-30 0.28 -1.24 0.91
2013-06-30 0.30 -1.04 0.88
2012-06-30 0.14 -0.56 0.58

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Real Energy has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Real Energy has efficiently used its assets last year compared to the AU Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Real Energy improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Real Energy's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Real Energy has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Real Energy's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Real Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Real Energy is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Real Energy's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Real Energy's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Real Energy has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Real Energy Company Filings, last reported 3 months ago.

ASX:RLE Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 30.60 0.00 2.31
2018-09-30 30.60 0.00 2.31
2018-06-30 27.81 0.00 3.97
2018-03-31 27.81 0.00 3.97
2017-12-31 28.60 0.00 8.42
2017-09-30 28.60 0.00 8.42
2017-06-30 27.01 0.00 7.51
2017-03-31 27.01 0.00 7.51
2016-12-31 25.13 0.00 5.52
2016-09-30 25.13 0.00 5.52
2016-06-30 25.95 0.00 8.70
2016-03-31 25.95 0.00 8.70
2015-12-31 25.22 0.00 10.75
2015-09-30 25.22 0.00 10.75
2015-06-30 23.56 0.00 3.69
2015-03-31 23.56 0.00 3.69
2014-12-31 18.98 0.00 7.88
2014-09-30 18.98 0.00 7.88
2014-06-30 14.85 0.00 12.74
2014-03-31 14.85 0.00 12.74
2013-12-31 15.16 0.00 14.09
2013-09-30 15.16 0.00 14.09
2013-06-30 4.70 2.00 5.78
2012-06-30 6.23 2.00 7.29
  • Real Energy has no debt.
  • Real Energy 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.

  • Real Energy has less than a year of cash runway based on current free cash flow.
  • Real Energy has less than a year of cash runway if free cash flow continues to grow at historical rates of 84% each year.
X
Financial health checks
We assess Real Energy's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Real Energy has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Real Energy dividends.
If you bought A$2,000 of Real Energy shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Real Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Real Energy's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:RLE Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Australia Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 4.6%
Australia Market Average Dividend Yield Market Cap Weighted Average of 417 Stocks 4.3%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.5%
Australia Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ASX:RLE Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Real Energy has not reported any payouts.
  • Unable to verify if Real Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Real Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Real Energy has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Real Energy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Real Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Real Energy has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Scott Brown
COMPENSATION A$329,000
AGE 53
CEO Bio

Mr. Scott Brown, B.Bus., M.Com, CA is a Co-Founder of Real Energy Corporation Limited and serves as its Chief Executive Officer and Managing Director. Mr. Brown has an extensive background in finance and the management of public companies. He has been actively involved in the management of several Australian public companies particularly in the IT industry. Mr. Brown served as the Chief Financial Officer of AGL Upstream Gas (Mos) Pty Limited since February 2008. Mr. Brown served as the Chief Financial Officer and Company Secretary of Objective Corporation Limited from 2000 to January 19, 2007 and also served as its Finance Director until January 19, 2007. He served as the Chief Financial Officer of Mosaic Oil N.L.(Mosaic). He served as the Chief Financial Officer and Company Secretary with a number of companies including Turnbull & Partners Limited, Allegiance Mining NL, FTR Holdings Limited and Garratt's Limited. He was instrumental in guiding Objective through the process of listing on the ASX. He also worked at accounting firms Ernst Young and KPMG. He serves as Non-Executive Chairman at Biofiba Limited. Mr. Brown served as the Non-Executive Chairman at Ardent Resources Limited. He served as the Non-Executive Chairman at IOT Group Limited since March 29, 2016 until August 7, 2017 and served as its Director from April 1, 2010 to August 7, 2017. He served as an Independent Non Executive Chairman of Winmar Resources Limited since 2001. He has been Executive Director of Real Energy Corporation Ltd. since October 2, 2009. He has been a Non-Executive Director at Kairiki Energy Limited since May 06, 2016 and Oriental Technologies Investment Limited since September 27, 2017. He served as a Director of Ardent Resources Limited since April 1, 2010. Mr. Brown served as an Independent Non-Executive Director of Saint Istvan Gold Limited from 1999 to September 2009 and Winmar Resources Limited from 1999 to September 2009. He served as a Director at Objective Corporation Limited from 2001 to January 19, 2007. He is member of the Institute of Chartered Accountants in Australia and the Petroleum Exploration Society of Australia (PESA). Mr. Brown holds a B.Bus from University of Technology Sydney and an M.Com from University of New South Wales.

CEO Compensation
  • Scott's compensation has been consistent with company performance over the past year.
  • Scott's remuneration is about average for companies of similar size in Australia.
Management Team

Scott Brown

TITLE
CEO, MD & Executive Director
COMPENSATION
A$329K
AGE
53

Ron Hollands

TITLE
Company Secretary
COMPENSATION
A$6K

Ying Ou

TITLE
Financial Controller

Xingjin Wang

TITLE
Senior Reservoir Engineering Consultant
Board of Directors

Dang Nguyen

TITLE
Non-Executive Chairman
COMPENSATION
A$183K

Scott Brown

TITLE
CEO, MD & Executive Director
COMPENSATION
A$329K
AGE
53

John Wardman

TITLE
Non-Executive Director
TENURE
0.6 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Real Energy insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
27. Mar 19 Buy Lan Nguyen Individual 27. Mar 19 27. Mar 19 50,000 A$0.09 A$4,720
26. Jul 18 Sell Tanvinh Resources Pty Ltd Company 26. Jul 18 26. Jul 18 -10,000 A$0.11 A$-1,100
26. Jul 18 Buy Tanvinh Resources Pty Ltd Company 26. Jul 18 26. Jul 18 10,000 A$0.11 A$1,100
12. Mar 19 Buy Scott Brown Individual 11. Mar 19 11. Mar 19 286,619 A$0.10 A$28,662
29. Jan 19 Buy Scott Brown Individual 29. Jan 19 29. Jan 19 300,000 A$0.09 A$26,700
12. Dec 18 Buy Scott Brown Individual 10. Dec 18 11. Dec 18 216,000 A$0.08 A$17,615
X
Management checks
We assess Real Energy's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Real Energy has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

What Kind Of Shareholders Own Real Energy Corporation Limited (ASX:RLE)?

The big shareholder groups in Real Energy Corporation Limited (ASX:RLE) have power over the company. … Generally speaking, as a company grows, institutions will increase their ownership. … Real Energy is a smaller company with a market capitalization of AU$41m, so it may still be flying under the radar of many institutional investors.

Simply Wall St -

How Financially Strong Is Real Energy Corporation Limited (ASX:RLE)?

The direct benefit for Real Energy Corporation Limited (ASX:RLE), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … Is RLE growing fast enough to value financial flexibility over lower cost of capital … There are well-known benefits of including debt in capital structure, primarily a lower cost of capital.

Simply Wall St -

What You Must Know About Real Energy Corporation Limited's (ASX:RLE) Beta Value

The other type, which cannot be diversified away, is the volatility of the entire market. … Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility).

Simply Wall St -

Do Insiders Own Lots Of Shares In Real Energy Corporation Limited (ASX:RLE)?

A look at the shareholders of Real Energy Corporation Limited (ASX:RLE) can tell us which group is most powerful. … Generally speaking, as a company grows, institutions will increase their ownership. … Real Energy is not a large company by global standards.

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What does Real Energy Corporation Limited's (ASX:RLE) Balance Sheet Tell Us About Its Future?

The direct benefit for Real Energy Corporation Limited (ASX:RLE), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … Is RLE right in choosing financial flexibility over lower cost of capital … Debt funding can be cheaper than issuing new equity due to lower interest cost on debt.

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What Did Real Energy Corporation Limited's (ASX:RLE) CEO Take Home Last Year?

Performance can be measured based on factors such as earnings and total shareholder return (TSR). … Over the last year RLE produced negative earnings of -AU$604.00K , which is a further decline from prior year's loss of -AU$113.00K. … Usually I would use earnings and market cap to account for variations in performance, however, RLE's negative earnings lower the usefulness of my formula.

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How Does Investing In Real Energy Corporation Limited (ASX:RLE) Impact Your Portfolio?

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … Real Energy has a beta of 2.04, which means that the percentage change in its stock value will be higher than the entire market in times of booms and busts. … RLE, with its market capitalisation of AU$23.75M, is a small-cap stock, which generally have higher beta than similar companies of larger size.

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Who Owns Real Energy Corporation Limited (ASX:RLE)?

View our latest analysis for Real Energy ASX:RLE Ownership_summary Mar 8th 18 Institutional Ownership RLE's 13.03% institutional ownership seems enough to cause large share price movements in the case of significant share sell-off or acquisitions by institutions, particularly when there is a low level of public shares available on the market to trade. … While that hardly seems concerning, I will explore further into RLE's ownership type to find out how it can affect the company’s investment profile. … With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors.

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Real Energy Corporation Limited (ASX:RLE): Financial Strength Analysis

View our latest analysis for Real Energy Does RLE's growth rate justify its decision for financial flexibility over lower cost of capital? … Debt capital generally has lower cost of capital compared to equity funding. … RLE’s absence of debt on its balance sheet may be due to lack of access to cheaper capital, or it may simply believe low cost is not worth sacrificing financial flexibility.

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Should You Have Real Energy Corporation Limited's (ASX:RLE) In Your Portfolio?

A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … A market capitalisation of AUD A$21.71M puts RLE in the category of small-cap stocks, which tends to possess higher beta than larger companies. … I test RLE’s ratio of fixed assets to total assets in order to determine how high the risk is associated with this type of constraint.

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Company Info

Description

Real Energy Corporation Limited engages in the exploration and evaluation of oil and gas projects in Australia. The company holds a 100% interest in acreage, including ATP 927P and ATP 1161PA permits covering an area of 2,761 square kilometers located in the Cooper-Eromanga Basin, South-West Queensland. Real Energy Corporation Limited was founded in 2009 and is based in North Sydney, Australia.

Details
Name: Real Energy Corporation Limited
RLE
Exchange: ASX
Founded: 2009
A$29,685,179
349,237,403
Website: http://www.realenergy.com.au
Address: Real Energy Corporation Limited
32 Walker Street,
Level 3,
North Sydney,
New South Wales, 2060,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX RLE Ordinary Shares Australian Securities Exchange AU AUD 12. Dec 2013
Number of employees
Current staff
Staff numbers
3
Real Energy employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/19 10:34
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2018/09/25
Last earnings filing: 2019/03/13
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.