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TOE

Toro Energy ASX:TOE Stock Report

Last Price

AU$0.015

Market Cap

AU$58.5m

7D

-6.3%

1Y

-6.3%

Updated

07 Aug, 2022

Data

Company Financials
TOE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

TOE Stock Overview

Toro Energy Limited engages in the exploration, evaluation, and development of uranium properties in Australia.

Toro Energy Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Toro Energy
Historical stock prices
Current Share PriceAU$0.015
52 Week HighAU$0.058
52 Week LowAU$0.011
Beta1.34
1 Month Change0%
3 Month Change-16.67%
1 Year Change-6.25%
3 Year Change-28.57%
5 Year Change-53.13%
Change since IPO-97.92%

Recent News & Updates

Jul 07
We Think Toro Energy (ASX:TOE) Can Afford To Drive Business Growth

We Think Toro Energy (ASX:TOE) Can Afford To Drive Business Growth

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...

Mar 16
Toro Energy (ASX:TOE) Is In A Good Position To Deliver On Growth Plans

Toro Energy (ASX:TOE) Is In A Good Position To Deliver On Growth Plans

Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...

Shareholder Returns

TOEAU Oil and GasAU Market
7D-6.3%-3.3%1.0%
1Y-6.3%28.0%-7.9%

Return vs Industry: TOE underperformed the Australian Oil and Gas industry which returned 28% over the past year.

Return vs Market: TOE exceeded the Australian Market which returned -7.9% over the past year.

Price Volatility

Is TOE's price volatile compared to industry and market?
TOE volatility
TOE Average Weekly Movement13.4%
Oil and Gas Industry Average Movement11.8%
Market Average Movement10.6%
10% most volatile stocks in AU Market17.5%
10% least volatile stocks in AU Market4.7%

Stable Share Price: TOE is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: TOE's weekly volatility (13%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/an/ahttps://www.toroenergy.com.au

Toro Energy Limited engages in the exploration, evaluation, and development of uranium properties in Australia. Its flagship project is the Wiluna uranium project located in the northern goldfields region of Western Australia. Toro Energy Limited is headquartered in West Perth, Australia.

Toro Energy Fundamentals Summary

How do Toro Energy's earnings and revenue compare to its market cap?
TOE fundamental statistics
Market CapAU$58.46m
Earnings (TTM)-AU$2.95m
Revenue (TTM)n/a

0.0x

P/S Ratio

-20.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TOE income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
Other ExpensesAU$2.95m
Earnings-AU$2.95m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.00075
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did TOE perform over the long term?

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

Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book 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 TOE?

Other financial metrics that can be useful for relative valuation.

TOE 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/Revenuen/a
Enterprise Value/EBITDA-100.9x
PEG Ration/a

Price to Book Ratio vs Peers

How does TOE's PB Ratio compare to its peers?

TOE PB Ratio vs Peers
The above table shows the PB ratio for TOE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average2.1x
IKW Ikwezi Mining
1.9xn/aAU$59.3m
REY Rey Resources
2.4xn/aAU$56.2m
MEU Marmota
3.6xn/aAU$54.5m
MCM MC Mining
0.3xn/aAU$48.4m
TOE Toro Energy
2.3xn/aAU$58.5m

Price-To-Book vs Peers: TOE is expensive based on its Price-To-Book Ratio (2.3x) compared to the peer average (2.1x).


Price to Earnings Ratio vs Industry

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

Price-To-Book vs Industry: TOE is expensive based on its Price-To-Book Ratio (2.3x) compared to the Australian Oil and Gas industry average (1.9x)


Price to Book Ratio vs Fair Ratio

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

TOE PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio2.3x
Fair PB Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: Insufficient data to calculate TOE's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate TOE's fair value for valuation analysis.


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.


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Future Growth

How is Toro Energy 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


10.1%

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 Toro Energy 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.


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  • Examine Toro Energy's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • Toro Energy competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Toro Energy 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


26.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: TOE is currently unprofitable.

Growing Profit Margin: TOE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TOE is unprofitable, but has reduced losses over the past 5 years at a rate of 26.7% per year.

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

Earnings vs Industry: TOE is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (299.7%).


Return on Equity

High ROE: TOE has a negative Return on Equity (-11.34%), as it is currently unprofitable.


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Financial Health

How is Toro Energy's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: TOE's short term assets (A$8.3M) exceed its short term liabilities (A$984.3K).

Long Term Liabilities: TOE's short term assets (A$8.3M) exceed its long term liabilities (A$8.1K).


Debt to Equity History and Analysis

Debt Level: TOE is debt free.

Reducing Debt: TOE has no debt compared to 5 years ago when its debt to equity ratio was 15.5%.


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: TOE has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: TOE has sufficient cash runway for 1.5 years if free cash flow continues to grow at historical rates of 4.5% each year.


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Dividend

What is Toro Energy 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

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

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

Growing Dividend: Insufficient data to determine if TOE'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 TOE has not reported any payouts.


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Management

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

4.8yrs

Average management tenure


CEO

Toro Energy has no CEO, or we have no data on them.


Leadership Team

Experienced Management: TOE's management team is considered experienced (4.8 years average tenure).


Board Members

Experienced Board: TOE's board of directors are considered experienced (8.7 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

Toro Energy Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Toro Energy Limited
  • Ticker: TOE
  • Exchange: ASX
  • Founded: NaN
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Implied Market Cap: AU$58.460m
  • Shares outstanding: 3.90b
  • Website: https://www.toroenergy.com.au

Location

  • Toro Energy Limited
  • 60 Havelock Street
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/07 00:00
End of Day Share Price2022/08/05 00:00
Earnings2021/12/31
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.