Strike Energy Limited

ASX:STX Stock Report

Market Cap: AU$501.7m

Strike Energy Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales 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.

Discounted Cash Flow
Simply Wall St
AU$2.69
Fair Value
93.5% undervalued intrinsic discount
7
Number of Analysts

Below Fair Value: STX (A$0.18) is trading below our estimate of fair value (A$2.69)

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 unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for STX. This is calculated by dividing STX's market cap by their current revenue.
What is STX's PS Ratio?
PS Ratio6.8x
SalesAU$73.28m
Market CapAU$501.71m

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for STX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average11x
PVE Po Valley Energy
4.6xn/aAU$39.4m
TMK TMK Energy
22xn/aAU$28.0m
AEL Amplitude Energy
2.1x11.7%AU$530.3m
ROG Red Sky Energy
15.1xn/aAU$32.5m
STX Strike Energy
6.8x31.4%AU$501.7m

Price-To-Sales vs Peers: STX is good value based on its Price-To-Sales Ratio (6.8x) compared to the peer average (11x).

Price to Sales Ratio vs Industry

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

36 CompaniesPrice / SalesEstimated GrowthMarket Cap
WDS Woodside Energy Group
2x2.2%US$26.88b
STO Santos
2.4x7.8%US$12.79b
YAL Yancoal Australia
1x-1.2%US$4.44b
ALD Ampol
0.2x-1.7%US$3.61b
STX 6.8xIndustry Avg. 4.0xNo. of Companies36PS020406080100+
36 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: STX is expensive based on its Price-To-Sales Ratio (6.8x) compared to the Australian Oil and Gas industry average (3.5x).

Price to Sales Ratio vs Fair Ratio

What is STX'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.

STX PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio6.8x
Fair PS Ratio1.4x

Price-To-Sales vs Fair Ratio: STX is expensive based on its Price-To-Sales Ratio (6.8x) compared to the estimated Fair Price-To-Sales Ratio (1.4x).

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$0.17
AU$0.27
+52.9%
11.7%AU$0.31AU$0.22n/a7
Mar ’26AU$0.18
AU$0.27
+46.7%
10.5%AU$0.31AU$0.24n/a7
Feb ’26AU$0.23
AU$0.27
+14.6%
13.0%AU$0.31AU$0.21n/a7
Jan ’26AU$0.21
AU$0.27
+30.3%
12.9%AU$0.31AU$0.21n/a7
Dec ’25AU$0.20
AU$0.27
+33.5%
12.9%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$0.21AU$0.186
Feb ’25AU$0.42
AU$0.51
+21.0%
8.0%AU$0.60AU$0.48AU$0.236
Jan ’25AU$0.48
AU$0.53
+11.3%
6.6%AU$0.58AU$0.48AU$0.216
Dec ’24AU$0.42
AU$0.54
+28.8%
8.1%AU$0.58AU$0.45AU$0.206
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
Analyst Price Target
Consensus Narrative from 7 Analysts
AU$0.27
Fair Value
34.6% undervalued intrinsic discount
7
Number of Analysts

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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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/15 08:43
End of Day Share Price 2025/03/14 00:00
Earnings2024/12/31
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Strike Energy Limited is covered by 11 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Josh KannourakisBarrenjoey Markets Pty Limited
Dale KoendersBarrenjoey Markets Pty Limited
Stuart HoweBell Potter