company background image
SGC

Sacgasco ASX:SGC Stock Report

Last Price

AU$0.017

Market Cap

AU$10.3m

7D

-5.6%

1Y

-55.3%

Updated

01 Oct, 2022

Data

Company Financials
SGC fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

SGC Stock Overview

Sacgasco Limited engages in oil and gas exploration, development, and production activities.

Sacgasco Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Sacgasco
Historical stock prices
Current Share PriceAU$0.017
52 Week HighAU$0.045
52 Week LowAU$0.014
Beta2.29
1 Month Change-5.56%
3 Month Change-5.56%
1 Year Change-55.26%
3 Year Change-39.29%
5 Year Change-90.00%
Change since IPO-88.67%

Recent News & Updates

Shareholder Returns

SGCAU Oil and GasAU Market
7D-5.6%-2.2%-1.7%
1Y-55.3%19.6%-10.8%

Return vs Industry: SGC underperformed the Australian Oil and Gas industry which returned 19.6% over the past year.

Return vs Market: SGC underperformed the Australian Market which returned -10.8% over the past year.

Price Volatility

Is SGC's price volatile compared to industry and market?
SGC volatility
SGC Average Weekly Movement11.6%
Oil and Gas Industry Average Movement11.6%
Market Average Movement9.4%
10% most volatile stocks in AU Market16.5%
10% least volatile stocks in AU Market4.2%

Stable Share Price: SGC is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: SGC's weekly volatility (12%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2005n/aGary Jefferyhttps://www.sacgasco.com

Sacgasco Limited engages in oil and gas exploration, development, and production activities. It holds interests in a suite of assets located in the Sacramento Basin of California, as well as Canada and the Philippines. The company was formerly known as Australian Oil Company Limited and changed its name to Sacgasco Limited in November 2015.

Sacgasco Fundamentals Summary

How do Sacgasco's earnings and revenue compare to its market cap?
SGC fundamental statistics
Market CapAU$10.33m
Earnings (TTM)-AU$8.38m
Revenue (TTM)AU$13.85m

0.7x

P/S Ratio

-1.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SGC income statement (TTM)
RevenueAU$13.85m
Cost of RevenueAU$11.84m
Gross ProfitAU$2.01m
Other ExpensesAU$10.39m
Earnings-AU$8.38m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.014
Gross Margin14.52%
Net Profit Margin-60.52%
Debt/Equity Ratio-9.0%

How did SGC perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is SGC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SGC?

Other financial metrics that can be useful for relative valuation.

SGC key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.5x
Enterprise Value/EBITDA-1.2x
PEG Ration/a

Price to Sales Ratio vs Peers

How does SGC's PS Ratio compare to its peers?

SGC PS Ratio vs Peers
The above table shows the PS ratio for SGC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average1.1x
XST Xstate Resources
0.4xn/aAU$6.4m
AXP AXP Energy
0.9xn/aAU$29.1m
CE1 Calima Energy
0.8x16.5%AU$67.3m
BRK Brookside Energy
2.3xn/aAU$60.1m
SGC Sacgasco
0.7xn/aAU$10.3m

Price-To-Sales vs Peers: SGC is good value based on its Price-To-Sales Ratio (0.7x) compared to the peer average (1.1x).


Price to Earnings Ratio vs Industry

How does SGC's PE Ratio compare vs other companies in the AU Oil and Gas Industry?

Price-To-Sales vs Industry: SGC is good value based on its Price-To-Sales Ratio (0.7x) compared to the Australian Oil and Gas industry average (2.3x)


Price to Sales Ratio vs Fair Ratio

What is SGC's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SGC PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.7x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate SGC's Price-To-Sales Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of SGC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SGC (A$0.02) is trading below our estimate of fair value (A$0.05)

Significantly Below Fair Value: SGC is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


Discover undervalued companies

Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-10.6%

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 Sacgasco 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.


Discover growth companies

  • Examine whether Sacgasco is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • Sacgasco competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Sacgasco performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-16.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SGC is currently unprofitable.

Growing Profit Margin: SGC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SGC is unprofitable, and losses have increased over the past 5 years at a rate of 16.4% per year.

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

Earnings vs Industry: SGC is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (653.3%).


Return on Equity

High ROE: SGC's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Discover strong past performing companies

Financial Health

How is Sacgasco's financial position?

Financial Health Score

1/6

Financial Health Score 1/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: SGC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: SGC has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: SGC has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: SGC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: SGC has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if SGC has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Discover healthy companies

Dividend

What is Sacgasco current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Sacgasco Dividend Yield vs Market
How does Sacgasco dividend yield compare to the market?
SegmentDividend Yield
Company (Sacgasco)n/a
Market Bottom 25% (AU)2.8%
Market Top 25% (AU)7.2%
Industry Average (Oil and Gas)8.1%
Analyst forecast in 3 Years (Sacgasco)n/a

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

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

Growing Dividend: Insufficient data to determine if SGC's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as SGC has not reported any payouts.


Discover strong dividend paying companies

Management

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

8.8yrs

Average management tenure


CEO

Gary Jeffery (71 yo)

8.92yrs

Tenure

AU$704,819

Compensation

Mr. Gary J. Jeffery, B.Sc. (Hons), MAICD, serves as the President, Chief Operating Officer and Chief Executive Officer of Banff Resources Ltd. Mr. Jeffery has been Managing Director of Sacgasco Limited sin...


CEO Compensation Analysis

Gary Jeffery's Compensation vs Sacgasco Earnings
How has Gary Jeffery's remuneration changed compared to Sacgasco's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a

-AU$8m

Mar 31 2022n/an/a

-AU$10m

Dec 31 2021AU$705kAU$100k

-AU$11m

Sep 30 2021n/an/a

-AU$8m

Jun 30 2021n/an/a

-AU$6m

Mar 31 2021n/an/a

-AU$4m

Dec 31 2020AU$199kAU$100k

-AU$2m

Sep 30 2020n/an/a

-AU$2m

Jun 30 2020n/an/a

-AU$1m

Mar 31 2020n/an/a

-AU$1m

Dec 31 2019AU$276kAU$100k

-AU$1m

Sep 30 2019n/an/a

-AU$1m

Jun 30 2019n/an/a

-AU$891k

Mar 31 2019n/an/a

-AU$1m

Dec 31 2018AU$209kAU$100k

-AU$2m

Sep 30 2018n/an/a

-AU$3m

Jun 30 2018n/an/a

-AU$3m

Mar 31 2018n/an/a

-AU$5m

Dec 31 2017AU$452kAU$100k

-AU$7m

Sep 30 2017n/an/a

-AU$6m

Jun 30 2017n/an/a

-AU$6m

Mar 31 2017n/an/a

-AU$3m

Dec 31 2016AU$219kAU$100k

-AU$1m

Sep 30 2016n/an/a

-AU$1m

Jun 30 2016n/an/a

-AU$1m

Mar 31 2016n/an/a

-AU$1m

Dec 31 2015AU$307kAU$100k

-AU$1m

Compensation vs Market: Gary's total compensation ($USD454.08K) is above average for companies of similar size in the Australian market ($USD274.64K).

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


Leadership Team

Experienced Management: SGC's management team is seasoned and experienced (8.8 years average tenure).


Board Members

Experienced Board: SGC's board of directors are considered experienced (8.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: SGC insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

ASX:SGC Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
21 Sep 22BuyAU$118,459Paul Amoako-AttaIndividual6,614,000AU$0.019
05 Sep 22BuyAU$59,561Paul Amoako-AttaIndividual3,317,568AU$0.019
18 May 22BuyAU$8,605Andrew ChildsIndividual400,000AU$0.022
10 May 22BuyAU$20,000Andrew ChildsIndividual1,000,000AU$0.02
20 Apr 22BuyAU$24,999Gary JefferyIndividual862,069AU$0.029
20 Apr 22BuyAU$5,000Andrew ChildsIndividual172,414AU$0.029
08 Apr 22BuyAU$23,805Steven DahlIndividual800,000AU$0.03
10 Feb 22BuyAU$4,790Andrew ChildsIndividual200,000AU$0.024
03 Feb 22BuyAU$20,093Andrew ChildsIndividual800,000AU$0.025
03 Dec 21BuyAU$248,693Steven DahlIndividual6,467,000AU$0.047

Ownership Breakdown

What is the ownership structure of SGC?
Owner TypeNumber of SharesOwnership Percentage
Private Companies29,950,7714.9%
Individual Insiders138,955,71622.9%
General Public438,799,57572.2%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 26.5%.


Top Shareholders

Top 21 shareholders own 27.79% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
6.14%
Paul Amoako-Atta
37,320,000A$634.4k791.03%no data
5.21%
Steven Dahl
31,648,338A$538.0k0.96%no data
4.13%
Gary Jeffery
25,126,227A$427.1k4.14%no data
1.77%
Andrew Childs
10,745,389A$182.7k1.9%no data
1.71%
Justine Michel
10,369,198A$176.3k0%no data
1.03%
M & E Earthmoving Pty Ltd
6,236,457A$106.0k0%no data
1%
Great Eastern Holdings Pty Ltd
6,071,016A$103.2k0%no data
0.94%
Hemsby Super Pty Ltd.
5,703,846A$97.0k0%no data
0.71%
Magaurite Pty Ltd
4,339,452A$73.8k0%no data
0.7%
Andrew Drury
4,280,000A$72.8k0%no data
0.66%
Quatri Pty Ltd
4,000,000A$68.0k0%no data
0.59%
Matilda West Pty Ltd
3,600,000A$61.2k0%no data
0.43%
Alan Brooks
2,584,919A$43.9k0%no data
0.43%
Philippa Brooks
2,584,918A$43.9k0%no data
0.41%
Geoffrey Farnell
2,500,000A$42.5k0%no data
0.41%
Janet Farnell
2,500,000A$42.5k0%no data
0.4%
Gordon Pearn
2,430,000A$41.3k0%no data
0.4%
Joelle Pearn
2,430,000A$41.3k0%no data
0.35%
David Waterston
2,142,000A$36.4k0%no data
0.35%
Natalie Kovacev
2,142,000A$36.4k0%no data
0.025%
William Ashby
152,727A$2.6k0%no data

Company Information

Sacgasco Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Sacgasco Limited
  • Ticker: SGC
  • Exchange: ASX
  • Founded: 2005
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Implied Market Cap: AU$10.331m
  • Shares outstanding: 607.71m
  • Website: https://www.sacgasco.com

Location

  • Sacgasco Limited
  • OCTO Building
  • Level 2, Unit 14
  • Subiaco
  • Western Australia
  • 6008
  • Australia


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SGCASX (Australian Securities Exchange)YesOrdinary SharesAUAUDOct 2005
SGCCHIA (Chi-X Australia)YesOrdinary SharesAUAUDOct 2005
SGCS.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDOct 2005
21KDB (Deutsche Boerse AG)YesOrdinary SharesDEEUROct 2005

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/01 00:00
End of Day Share Price2022/09/30 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.