ASX:SXY

Stock Analysis Report

Executive Summary

Senex Energy Limited explores for and produces oil and gas resources in Australia.


Snowflake Analysis

High growth potential with adequate balance sheet.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: SXY has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

1.5%

SXY

0.8%

AU Oil and Gas

0.7%

AU Market


1 Year Return

-8.1%

SXY

-8.5%

AU Oil and Gas

15.8%

AU Market

Return vs Industry: SXY matched the Australian Oil and Gas industry which returned -8.5% over the past year.

Return vs Market: SXY underperformed the Australian Market which returned 15.8% over the past year.


Shareholder returns

SXYIndustryMarket
7 Day1.5%0.8%0.7%
30 Day0%-8.5%0.4%
90 Day0%-1.8%6.5%
1 Year-8.1%-8.1%-4.6%-8.5%21.0%15.8%
3 Year-4.2%-4.2%12.1%0.7%37.4%19.1%
5 Year0%0%5.7%-11.1%50.7%17.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SXY (A$0.34) is trading below our estimate of fair value (A$1.66)

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


Price To Earnings Ratio

PE vs Industry: SXY is poor value based on its PE Ratio (149.8x) compared to the Oil and Gas industry average (8.7x).

PE vs Market: SXY is poor value based on its PE Ratio (149.8x) compared to the Australian market (18.6x).


Price to Earnings Growth Ratio

PEG Ratio: SXY is poor value based on its PEG Ratio (2.3x)


Price to Book Ratio

PB vs Industry: SXY is overvalued based on its PB Ratio (1.4x) compared to the AU Oil and Gas industry average (1.2x).


Next Steps

Future Growth

How is Senex Energy forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

64.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SXY's forecast earnings growth (64.3% per year) is above the savings rate (1.1%).

Earnings vs Market: SXY's earnings (64.3% per year) are forecast to grow faster than the Australian market (9.2% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SXY's revenue (27.8% per year) is forecast to grow faster than the Australian market (4.2% per year).

High Growth Revenue: SXY's revenue (27.8% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SXY's Return on Equity is forecast to be low in 3 years time (14.2%).


Next Steps

Past Performance

How has Senex Energy performed over the past 5 years?

-5.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SXY has a high level of non-cash earnings.

Growing Profit Margin: SXY became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: SXY has become profitable over the past 5 years, growing earnings by -5.4% per year.

Accelerating Growth: SXY has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: SXY has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (58.2%).


Return on Equity

High ROE: SXY's Return on Equity (0.9%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Senex Energy's financial position?


Financial Position Analysis

Short Term Liabilities: SXY's short term assets (A$156.3M) exceed its short term liabilities (A$43.3M).

Long Term Liabilities: SXY's short term assets (A$156.3M) exceed its long term liabilities (A$104.6M).


Debt to Equity History and Analysis

Debt Level: SXY's debt to equity ratio (11.4%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if SXY's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

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

Debt Coverage by Assets: SXY's debt is covered by short term assets (assets are 3.8x 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: SXY is profitable, therefore cash runway is not a concern.

Forecast Cash Runway: SXY is profitable, therefore cash runway is not a concern.


Next Steps

Dividend

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

0.64%

Forecast Dividend Yield


Dividend Yield vs Market

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

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


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SXY's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SXY'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 SXY's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

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

2.8yrs

Average management tenure


CEO

Ian Davies (42yo)

10.1yrs

Tenure

AU$1,801,792

Compensation

Mr. Ian Richard Davies, B Bus (Acct), CA, Cert SII (UK), MAICD, F Fin, has been the Managing Director of Senex Energy Limited since June 2010 and serves as its Chief Executive Officer since 2010, where he  ...


CEO Compensation Analysis

Compensation vs Market: Ian's total compensation ($USD1.20M) is above average for companies of similar size in the Australian market ($USD708.07K).

Compensation vs Earnings: Ian's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Ian Davies
CEO, MD & Director10.1yrsAU$1.80m0.46% A$2.3m
Peter Mills
Chief Operating Officer1.6yrsAU$759.63kno data
David Pegg
Company Secretary & General Counsel0yrsAU$574.81k0.018% A$87.6k
Suzanne Hockey
Executive General Manager People & Performance4.1yrsAU$711.12k0.019% A$94.3k
Mark McCabe
Chief Financial Officer0.2yrsno datano data
Derek Piper
Head of Investor Relations & Treasury0yrsno datano data
Paul Larter
Communications Manager0yrsno datano data

2.8yrs

Average Tenure

Experienced Management: SXY's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ian Davies
CEO, MD & Director10.1yrsAU$1.80m0.46% A$2.3m
Trevor Bourne
Independent Non-Executive Chairman4.9yrsAU$240.90k0.079% A$391.9k
Timothy Boyd Crommelin
Non-Executive Director9.3yrsAU$134.14k0.29% A$1.4m
Ralph Craven
Independent Non-Executive Director8.4yrsAU$161.51k0.041% A$204.0k
Debra Goodin
Independent Non-Executive Director5.8yrsAU$161.51k0.019% A$92.6k
John Warburton
Independent Non-Executive Director3.9yrsAU$145.09k0.040% A$198.6k

5.8yrs

Average Tenure

64.5yo

Average Age

Experienced Board: SXY's board of directors are considered experienced (5.8 years average tenure).


Ownership

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


Insider Trading Volume

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


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Senex Energy Limited
  • Ticker: SXY
  • Exchange: ASX
  • Founded:
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: AU$495.196m
  • Shares outstanding: 1.46b
  • Website: https://www.senexenergy.com.au

Number of Employees


Location

  • Senex Energy Limited
  • 180 Ann Street
  • Level 31
  • Brisbane
  • Queensland
  • 4000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VPTO.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1992
SXYASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJan 1992
UDBDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992
SXYCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJan 1992
SXYE.YOTCPK (Pink Sheets LLC)ADRUSUSDNov 1992

Biography

Senex Energy Limited explores for and produces oil and gas resources in Australia. It primarily holds a portfolio of oil and gas assets in Cooper-Eromanga Basin, as well as gas tenements in Surat Basin, Queensland. The company was formerly known as Victoria Petroleum NL and changed its name to Senex Energy Limited in 2010. Senex Energy Limited is headquartered in Brisbane, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/20 10:33
End of Day Share Price2020/02/20 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.