Strike Energy Limited

ASX:STX Stock Report

Market Cap: AU$616.1m

Strike Energy Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: STX (A$0.22) is trading below our estimate of fair value (A$0.56)

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

Key Valuation Metric

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

Key metric: As STX is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for STX. This is calculated by dividing STX's market cap by their current earnings.
What is STX's PE Ratio?
PE Ratio71.8x
EarningsAU$8.58m
Market CapAU$616.06m

Price to Earnings Ratio vs Peers

How does STX's PE Ratio compare to its peers?

The above table shows the PE ratio for STX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average12x
KAR Karoon Energy
2.8x-12.1%AU$1.1b
PVE Po Valley Energy
14.6xn/aAU$44.0m
HZN Horizon Oil
7.6x4.2%AU$309.1m
ECH Echelon Resources
23xn/aAU$81.8m
STX Strike Energy
71.8x37.5%AU$616.1m

Price-To-Earnings vs Peers: STX is expensive based on its Price-To-Earnings Ratio (71.8x) compared to the peer average (12x).

Price to Earnings Ratio vs Industry

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

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
FAR FAR
0.8xn/aUS$29.44m
IKW Ikwezi Mining
1.7xn/aUS$12.55m
XST Xstate Resources
0.7xn/aUS$1.89m
No more companies available in this PE range
STX 71.8xIndustry Avg. 12.7xNo. of Companies5PE01020304050+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: STX is expensive based on its Price-To-Earnings Ratio (71.8x) compared to the Australian Oil and Gas industry average (12.7x).

Price to Earnings Ratio vs Fair Ratio

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

STX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio71.8x
Fair PE Ratio16.5x

Price-To-Earnings vs Fair Ratio: STX is expensive based on its Price-To-Earnings Ratio (71.8x) compared to the estimated Fair Price-To-Earnings Ratio (16.5x).

Analyst Price Targets

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

The above table shows the analyst STX forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$0.21
AU$0.27
+26.6%
13.5%AU$0.31AU$0.21n/a7
Nov ’25AU$0.21
AU$0.27
+26.6%
13.5%AU$0.31AU$0.21n/a7
Oct ’25AU$0.21
AU$0.28
+33.7%
16.4%AU$0.33AU$0.21n/a7
Sep ’25AU$0.20
AU$0.29
+46.9%
16.5%AU$0.34AU$0.22n/a7
Aug ’25AU$0.20
AU$0.29
+39.7%
16.5%AU$0.34AU$0.22n/a7
Jul ’25AU$0.23
AU$0.28
+21.0%
16.1%AU$0.34AU$0.22n/a7
Jun ’25AU$0.20
AU$0.29
+45.8%
19.0%AU$0.39AU$0.22n/a7
May ’25AU$0.23
AU$0.30
+32.0%
16.8%AU$0.39AU$0.22n/a6
Apr ’25AU$0.26
AU$0.31
+18.3%
15.9%AU$0.37AU$0.21n/a6
Mar ’25AU$0.21
AU$0.34
+61.6%
25.3%AU$0.50AU$0.21n/a6
Feb ’25AU$0.42
AU$0.51
+21.0%
8.0%AU$0.60AU$0.48n/a6
Jan ’25AU$0.48
AU$0.53
+11.3%
6.6%AU$0.58AU$0.48n/a6
Dec ’24AU$0.42
AU$0.54
+28.8%
8.1%AU$0.58AU$0.45n/a6
Nov ’24AU$0.39
AU$0.54
+38.7%
8.1%AU$0.58AU$0.45AU$0.216
Oct ’24AU$0.41
AU$0.54
+33.1%
8.5%AU$0.59AU$0.45AU$0.216
Sep ’24AU$0.39
AU$0.55
+41.6%
8.0%AU$0.59AU$0.45AU$0.207
Aug ’24AU$0.41
AU$0.54
+33.9%
7.9%AU$0.59AU$0.45AU$0.207
Jul ’24AU$0.44
AU$0.54
+23.2%
8.2%AU$0.60AU$0.45AU$0.237
Jun ’24AU$0.47
AU$0.53
+12.4%
8.3%AU$0.58AU$0.45AU$0.205
May ’24AU$0.46
AU$0.45
-2.6%
9.2%AU$0.51AU$0.39AU$0.235
Apr ’24AU$0.38
AU$0.45
+19.3%
10.3%AU$0.51AU$0.39AU$0.264
Mar ’24AU$0.37
AU$0.45
+20.9%
10.3%AU$0.51AU$0.39AU$0.214
Feb ’24AU$0.36
AU$0.45
+23.3%
9.4%AU$0.51AU$0.39AU$0.424
Jan ’24AU$0.32
AU$0.43
+38.1%
6.0%AU$0.45AU$0.39AU$0.484
Dec ’23AU$0.30
AU$0.43
+43.3%
6.4%AU$0.46AU$0.39AU$0.424
Nov ’23AU$0.24
AU$0.40
+64.6%
11.5%AU$0.45AU$0.34AU$0.393

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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