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SXY

Senex EnergyASX:SXY Stock Report

Market Cap

AU$840.7m

7D

1.6%

1Y

88.3%

Updated

26 Oct, 2021

Data

Company Financials +
SXY fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance3/6
Financial Health3/6
Dividends2/6

SXY Overview

Senex Energy Limited, together with its subsidiaries, engages in the exploration, development, and production of oil and gas resources in Australia.

Rewards

Trading at 60.4% below our estimate of its fair value

Earnings are forecast to grow 2.61% per year

Became profitable this year

Risk Analysis

No risks detected for SXY from our risk checks.

Senex Energy Competitors

Woodside Petroleum

ASX:WPL

AU$23.4b

Santos

ASX:STO

AU$15.1b

Oil Search

ASX:OSH

AU$9.7b

Beach Energy

ASX:BPT

AU$3.3b

Price History & Performance

Summary of all time highs, changes and price drops for Senex Energy
Historical stock prices
Current Share PriceAU$4.52
52 Week HighAU$2.28
52 Week LowAU$4.81
Beta1.79
1 Month Change26.97%
3 Month Change41.69%
1 Year Change88.33%
3 Year Change48.68%
5 Year Change130.61%
Change since IPO-52.92%

Recent News & Updates

Shareholder Returns

SXYAU Oil and GasAU Market
7D1.6%-3.2%0.8%
1Y88.3%48.1%24.4%

Return vs Industry: SXY exceeded the Australian Oil and Gas industry which returned 48.1% over the past year.

Return vs Market: SXY exceeded the Australian Market which returned 24.4% over the past year.

Price Volatility

Is SXY's price volatile compared to industry and market?
SXY volatility
SXY Beta1.79
Industry Beta1.29
Market Beta1

Stable Share Price: SXY is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: SXY's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1980158Ian Davieshttps://www.senexenergy.com.au

Senex Energy Limited, together with its subsidiaries, engages in the exploration, development, and production of oil and gas resources in Australia. It primarily holds oil and gas assets in the Surat Basin located in Queensland. The company was formerly known as Victoria Petroleum NL and changed its name to Senex Energy Limited in 2010.

Senex Energy Fundamentals Summary

How do Senex Energy's earnings and revenue compare to its market cap?
SXY fundamental statistics
Market CapAU$840.71m
Earnings (TTM)AU$66.67m
Revenue (TTM)AU$116.05m

12.6x

P/E Ratio

7.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SXY income statement (TTM)
RevenueAU$116.05m
Cost of RevenueAU$31.73m
Gross ProfitAU$84.32m
ExpensesAU$17.65m
EarningsAU$66.67m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.36
Gross Margin72.66%
Net Profit Margin57.45%
Debt/Equity Ratio19.6%

How did SXY perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

25%

Payout Ratio

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$4.52) is trading below our estimate of fair value (A$11.43)

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


Price To Earnings Ratio

PE vs Industry: SXY is good value based on its PE Ratio (12.6x) compared to the Australian Oil and Gas industry average (30.2x).

PE vs Market: SXY is good value based on its PE Ratio (12.6x) compared to the Australian market (20x).


Price to Earnings Growth Ratio

PEG Ratio: SXY is poor value based on its PEG Ratio (4.8x)


Price to Book Ratio

PB vs Industry: SXY is good value based on its PB Ratio (2.4x) compared to the AU Oil and Gas industry average (2.5x).


Future Growth

How is Senex Energy forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

2.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SXY's forecast earnings growth (2.6% per year) is above the savings rate (1.9%).

Earnings vs Market: SXY's earnings (2.6% per year) are forecast to grow slower than the Australian market (12.4% per year).

High Growth Earnings: SXY's earnings are forecast to grow, but not significantly.

Revenue vs Market: SXY's revenue (21.7% per year) is forecast to grow faster than the Australian market (5.3% per year).

High Growth Revenue: SXY's revenue (21.7% 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 (13.5%).


Past Performance

How has Senex Energy performed over the past 5 years?

35.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SXY has high quality 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 35.5% 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 (-50.5%).


Return on Equity

High ROE: SXY's Return on Equity (19%) is considered low.


Financial Health

How is Senex Energy's financial position?


Financial Position Analysis

Short Term Liabilities: SXY's short term assets (A$127.7M) exceed its short term liabilities (A$54.9M).

Long Term Liabilities: SXY's short term assets (A$127.7M) do not cover its long term liabilities (A$264.1M).


Debt to Equity History and Analysis

Debt Level: SXY's debt to equity ratio (19.6%) is considered satisfactory.

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

Debt Coverage: SXY's debt is well covered by operating cash flow (62.7%).

Interest Coverage: SXY's interest payments on its debt are not well covered by EBIT (1.3x coverage).


Balance Sheet


Dividend

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

2.21%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SXY's dividend (2.21%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.23%).

High Dividend: SXY's dividend (2.21%) is low compared to the top 25% of dividend payers in the Australian market (5.32%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether SXY's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if SXY's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (24.7%), SXY's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SXY's dividends in 3 years are forecast to be well covered by earnings (36.8% payout ratio).


Next Steps

Management

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

3.0yrs

Average management tenure


CEO

Ian Davies (44 yo)

11.75yrs

Tenure

AU$1,899,801

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 ($USD1.42M) is above average for companies of similar size in the Australian market ($USD991.03K).

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


Leadership Team

Experienced Management: SXY's management team is considered experienced (3 years average tenure).


Board Members

Experienced Board: SXY's board of directors are considered experienced (6.1 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if 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 employee growth, exchange listings and data sources


Key Information

  • Name: Senex Energy Limited
  • Ticker: SXY
  • Exchange: ASX
  • Founded: 1980
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: AU$840.712m
  • Shares outstanding: 185.18m
  • Website: https://www.senexenergy.com.au

Number of Employees


Location

  • Senex Energy Limited
  • 180 Ann Street
  • Level 30
  • Brisbane
  • Queensland
  • 4000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 07:02
End of Day Share Price2021/10/26 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.