Loading...

Toro Energy

ASX:TOE
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TOE
ASX
A$46M
Market Cap
  1. Home
  2. AU
  3. Energy
Company description

Toro Energy Limited engages in the exploration, evaluation, and development of uranium properties in Australia. The last earnings update was 94 days ago. More info.


Add to Portfolio Compare Print
TOE Share Price and Events
7 Day Returns
0%
ASX:TOE
1.6%
AU Oil and Gas
1.7%
AU Market
1 Year Returns
-19.2%
ASX:TOE
-8.2%
AU Oil and Gas
5.4%
AU Market
TOE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Toro Energy (TOE) 0% -4.5% -19.2% -19.2% -56.3% -65%
AU Oil and Gas 1.6% -5.5% -7.3% -8.2% 29.7% -35.1%
AU Market 1.7% 2.8% 5.5% 5.4% 25% 12.3%
1 Year Return vs Industry and Market
  • TOE underperformed the Oil and Gas industry which returned -8.2% over the past year.
  • TOE underperformed the Market in Australia which returned 5.4% over the past year.
Price Volatility
TOE
Industry
5yr Volatility vs Market

Value

 Is Toro Energy undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Toro Energy. This is due to cash flow or dividend data being unavailable. The share price is A$0.021.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Toro Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Toro Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:TOE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.00
ASX:TOE Share Price ** ASX (2019-06-14) in AUD A$0.02
Australia Oil and Gas Industry PE Ratio Median Figure of 23 Publicly-Listed Oil and Gas Companies 7.58x
Australia Market PE Ratio Median Figure of 545 Publicly-Listed Companies 16.2x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Toro Energy.

ASX:TOE PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:TOE Share Price ÷ EPS (both in AUD)

= 0.02 ÷ 0.00

-16.2x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Toro Energy is loss making, we can't compare its value to the AU Oil and Gas industry average.
  • Toro Energy is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Toro Energy's expected growth come at a high price?
Raw Data
ASX:TOE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -16.2x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Oil and Gas Industry PEG Ratio Median Figure of 17 Publicly-Listed Oil and Gas Companies -0x
Australia Market PEG Ratio Median Figure of 357 Publicly-Listed Companies 1.4x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Toro Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Toro Energy's assets?
Raw Data
ASX:TOE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.02
ASX:TOE Share Price * ASX (2019-06-14) in AUD A$0.02
Australia Oil and Gas Industry PB Ratio Median Figure of 144 Publicly-Listed Oil and Gas Companies 1.19x
Australia Market PB Ratio Median Figure of 1,687 Publicly-Listed Companies 1.65x
ASX:TOE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:TOE Share Price ÷ Book Value per Share (both in AUD)

= 0.02 ÷ 0.02

0.94x

* Primary Listing of Toro Energy.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Toro Energy is good value based on assets compared to the AU Oil and Gas industry average.
X
Value checks
We assess Toro Energy's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Toro Energy has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Toro Energy expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
3.2%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Toro Energy expected to grow at an attractive rate?
  • Unable to compare Toro Energy's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Toro Energy's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Toro Energy's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:TOE Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 3.2%
Australia Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.3%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.9%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:TOE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:TOE Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
ASX:TOE Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 1 -3
2018-09-30 0 -3
2018-06-30 -1 -4
2018-03-31 -1 -21
2017-12-31 -1 -38
2017-09-30 -2 -39
2017-06-30 -2 -40
2017-03-31 -2 -46
2016-12-31 -2 -52
2016-09-30 -2 -52
2016-06-30 -2 -52
2016-03-31 -1 -30

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Toro Energy is high growth as no earnings estimate data is available.
  • Unable to determine if Toro Energy is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:TOE Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Toro Energy Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:TOE Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
ASX:TOE Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 -0.01
2017-12-31 -0.02
2017-09-30 -0.02
2017-06-30 -0.02
2017-03-31 -0.02
2016-12-31 -0.03
2016-09-30 -0.03
2016-06-30 -0.03
2016-03-31 -0.02

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Toro Energy will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. 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.
  2. Toro Energy's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. Toro Energy's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Toro Energy's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Toro Energy has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Toro Energy performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Toro Energy's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Toro Energy does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Toro Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Toro Energy's 1-year growth to the AU Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Toro Energy's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Toro Energy Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:TOE Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -2.70 0.41
2018-09-30 -3.50 0.68
2018-06-30 -4.30 0.96
2018-03-31 -21.26 0.61
2017-12-31 -38.22 0.26
2017-09-30 -38.98 0.34
2017-06-30 -39.74 0.41
2017-03-31 -45.70 0.92
2016-12-31 -51.66 1.43
2016-09-30 -51.91 1.48
2016-06-30 -52.16 1.52
2016-03-31 -30.27 1.44
2015-12-31 -8.39 1.37
2015-09-30 -15.31 1.20
2015-06-30 -22.24 1.03
2015-03-31 -22.27 1.08
2014-12-31 -22.29 1.13
2014-09-30 -15.19 1.17
2014-06-30 -8.09 1.21
2014-03-31 -8.71 1.16
2013-12-31 -9.33 1.10
2013-09-30 -8.11 1.16
2013-06-30 -6.89 1.23
2013-03-31 -5.44 1.45
2012-12-31 -4.00 1.68
2012-09-30 -7.35 2.35
2012-06-30 -10.70 3.02

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Toro Energy has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Toro Energy has efficiently used its assets last year compared to the AU Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Toro Energy improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Toro Energy's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Toro Energy has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Toro Energy's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Toro Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Toro Energy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Toro Energy's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Toro Energy's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Toro Energy Company Filings, last reported 5 months ago.

ASX:TOE Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 48.09 16.00 7.05
2018-09-30 48.09 16.00 7.05
2018-06-30 45.62 15.90 4.37
2018-03-31 45.62 15.90 4.37
2017-12-31 47.01 15.32 5.18
2017-09-30 47.01 15.32 5.18
2017-06-30 49.36 14.17 6.63
2017-03-31 49.36 14.17 6.63
2016-12-31 84.60 13.07 7.91
2016-09-30 84.60 13.07 7.91
2016-06-30 89.10 12.02 10.37
2016-03-31 89.10 12.02 10.37
2015-12-31 136.25 11.00 13.36
2015-09-30 136.25 11.00 13.36
2015-06-30 139.16 18.32 22.89
2015-03-31 139.16 18.32 22.89
2014-12-31 141.87 17.18 25.25
2014-09-30 141.87 17.18 25.25
2014-06-30 127.32 9.39 7.15
2014-03-31 127.32 9.39 7.15
2013-12-31 125.68 8.61 9.21
2013-09-30 125.68 8.61 9.21
2013-06-30 92.62 7.82 11.24
2013-03-31 92.62 7.82 11.24
2012-12-31 94.79 0.00 4.70
2012-09-30 94.79 0.00 4.70
2012-06-30 95.44 0.00 12.81
  • Toro Energy's level of debt (33.3%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (6.9% vs 33.3% today).
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.

  • Toro Energy has sufficient cash runway for more than 3 years based on current free cash flow.
  • Toro Energy has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -48.5% each year.
X
Financial health checks
We assess Toro Energy's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Toro Energy has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Toro Energy dividends.
If you bought A$2,000 of Toro Energy shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Toro Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Toro Energy's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:TOE Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Australia Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 5%
Australia Market Average Dividend Yield Market Cap Weighted Average of 415 Stocks 4.1%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.7%
Australia Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ASX:TOE Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Toro Energy has not reported any payouts.
  • Unable to verify if Toro Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Toro Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Toro Energy has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Toro Energy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Toro Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Toro Energy has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Toro Energy's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • Toro Energy has no CEO, or we have no data on them.
Management Team

Richard Homsany

TITLE
Executive Chairman
COMPENSATION
A$477K
AGE
48

Katherine Garvey

TITLE
Legal Counsel & Company Secretary
TENURE
1.4 yrs

Greg Shirtliff

TITLE
Geology Manager
Board of Directors Tenure

Average tenure of the Toro Energy board of directors in years:

4.5
Average Tenure
  • The tenure for the Toro Energy board of directors is about average.
Board of Directors

Richard Homsany

TITLE
Executive Chairman
COMPENSATION
A$477K
AGE
48
TENURE
2.4 yrs

Richard Patricio

TITLE
Non-Executive Director
COMPENSATION
A$152K
AGE
44
TENURE
5.5 yrs

Michel Marier

TITLE
Non-Executive Director
COMPENSATION
A$152K
TENURE
4.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
24. Aug 18 Sell Mega Uranium Ltd. Company 16. Mar 16 23. Jul 18 -19,904,613 A$0.06 A$-1,194,286
X
Management checks
We assess Toro Energy's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Toro Energy has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Is Toro Energy Limited (ASX:TOE) A Volatile Stock?

If you're interested in Toro Energy Limited (ASX:TOE), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … While we should keep in mind that Warren Buffett has cautioned that 'Volatility is far from synonymous with risk', beta is still a useful factor to consider.

Simply Wall St -

Is Toro Energy Limited's (ASX:TOE) Balance Sheet Strong Enough To Weather A Storm?

Investors are always looking for growth in small-cap stocks like Toro Energy Limited (ASX:TOE), with a market cap of AU$52.21m. … However, an important fact which most ignore is: how financially healthy is the business?

Simply Wall St -

Who Owns Most Of Toro Energy Limited (ASX:TOE)?

This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Thus, investors not need worry too much about the consequences of these holdings.Next Steps: Institutional ownership level and composition in TOE is not high nor active enough to significantly impact its investment thesis.

Simply Wall St -

Is Toro Energy Limited's (ASX:TOE) Balance Sheet Strong Enough To Weather A Storm?

How does TOE’s operating cash flow stack up against its debt? … Moving onto cash from operations, its small level of operating cash flow means calculating cash-to-debt wouldn't be too useful, though these low levels of cash means that operational efficiency is worth a look. … Risk around debt is very low for TOE, and the company also has the ability and headroom to increase debt if needed going forward.Next Steps: Although TOE’s debt level is relatively low, its cash flow levels still could not copiously cover its borrowings.

Simply Wall St -

Should You Have Toro Energy Limited's (ASX:TOE) In Your Portfolio?

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … How TOE's assets could affect its beta An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive. … I test TOE’s ratio of fixed assets to total assets in order to determine how high the risk is associated with this type of constraint.

Simply Wall St -

Toro Energy Limited (ASX:TOE): Is Energy An Attractive Sector Play?

Today, I will analyse the industry outlook, and also determine whether Toro Energy is a laggard or leader relative to its energy sector peers. … Check out our latest analysis for Toro Energy What’s the catalyst for Toro Energy's sector growth? … ASX:TOE Past Future Earnings Feb 16th 18 The oil price collapse triggered a wave of cost reduction among energy businesses as the sector as a whole faced negative growth over the past five years.

Simply Wall St -

Who Are The Largest Shareholders In Toro Energy Limited (ASX:TOE)?

Check out our latest analysis for Toro Energy ASX:TOE Ownership_summary Feb 3rd 18 Institutional Ownership Institutional investors are one of the largest group of market participants and their buy-sell decisions on a company's stock can significantly impact prices, more so, when there are relatively small amounts of shares available on the market to trade. … The company hardly has institutions in its ownership structure, indicating limited concern for investors to worry about potential sell-offs that could arise due to extensive liquidation. … Thus, investors not need worry too much about the consequences of these holdings.What this means for you: With a low level of institutional ownership, investors in TOE need not worry about non-fundamental factors such as ownership structure causing large impact on stock prices.

Simply Wall St -

Is Toro Energy Limited's (ASX:TOE) Balance Sheet A Threat To Its Future?

Though its small level of operating cash flow means calculating cash-to-debt wouldn't be too useful, though these low levels of cash means that operational efficiency is worth a look. … ASX:TOE Historical Debt Jan 2nd 18 Is TOE’s level of debt at an acceptable level? … Although TOE’s debt level is relatively low, its cash flow levels still could not copiously cover its borrowings.

Simply Wall St -

Should You Be Holding Toro Energy Limited (ASX:TOE) Right Now?

A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … See our latest analysis for TOE An interpretation of TOE's beta With a beta of 1.26, Toro Energy is a stock that tends to experience more gains than the market during a growth phase and also a bigger reduction in value compared to the market during a broad downturn. … A market capitalisation of AUD A$66.27M puts TOE in the category of small-cap stocks, which tends to possess higher beta than larger companies.

Simply Wall St -

Interested In Energy? Why Toro Energy Limited (ASX:TOE) May Be The Entry Point

This rate is below the growth rate of the Australian stock market as a whole. … However, recently the sector saw a reversal in the downturn, and in the previous year, the industry saw growth of over 50%, beating the Australian market growth of 5.37%. … ASX:TOE PE PEG Gauge Nov 13th 17 The oil and gas industry is trading at a PE ratio of 11x, below the broader Australian stock market PE of 17x.

Simply Wall St -

Company Info

Description

Toro Energy Limited engages in the exploration, evaluation, and development of uranium properties in Australia. The company operates through Evaluation and Exploration segments. Its flagship project is the Wiluna uranium project located in the Western Australia. The company is headquartered in West Perth, Australia.

Details
Name: Toro Energy Limited
TOE
Exchange: ASX
Founded:
A$45,618,170
2,172,293,854
Website: http://www.toroenergy.com.au
Address: Toro Energy Limited
60 Havelock Street,
West Perth,
Western Australia, 6005,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX TOE Ordinary Shares Australian Securities Exchange AU AUD 24. Mar 2006
OTCPK TOEY.F Ordinary Shares Pink Sheets LLC US USD 24. Mar 2006
DB T4W Ordinary Shares Deutsche Boerse AG DE EUR 24. Mar 2006
CHIA TOE Ordinary Shares Chi-X Australia AU AUD 24. Mar 2006
Number of employees
Current staff
Staff numbers
0
Toro Energy employees.
Industry
Coal and Consumable Fuels
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/17 10:36
End of day share price update: 2019/06/14 00:00
Last estimates confirmation: 2016/09/02
Last earnings filing: 2019/03/15
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.