ASX:VEA

Stock Analysis Report

Viva Energy Group

Executive Summary

Viva Energy Group Limited operates as an integrated downstream petroleum company in Australia.

Snowflake

Fundamentals

Excellent balance sheet with solid track record.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-9.6%

ASX:VEA

-1.0%

AU Oil and Gas

0.4%

AU Market


1 Year Return

n/a

ASX:VEA

-9.8%

AU Oil and Gas

4.6%

AU Market

No trading data on VEA.

No trading data on VEA.


Share holder returns

VEAIndustryMarket
7 Day-9.6%-1.0%0.4%
30 Day-5.1%-6.5%1.5%
90 Day-17.6%-6.7%6.1%
1 Yearn/a-6.4%-9.8%10.6%4.6%
3 Yearn/a36.4%25.6%42.0%23.4%
5 Yearn/a-21.7%-35.2%45.3%12.8%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

43%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Viva Energy Group's share price is below the future cash flow value, and at a moderate discount (> 20%).

Viva Energy Group's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Viva Energy Group is good value based on earnings compared to the AU Oil and Gas industry average.

Viva Energy Group is good value based on earnings compared to the Australia market.


Price Based on Expected Growth

Viva Energy Group earnings are not expected to grow next year, we can't assess if its growth is good value.


Price Based on Value of Assets

Viva Energy Group is overvalued based on assets compared to the AU Oil and Gas industry average.


Next Steps

Future Growth

How is Viva Energy Group expected to perform in the next 1 to 3 years based on estimates from 7 analysts?

-10.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Viva Energy Group's revenue is expected to grow by 3.1% yearly, however this is not considered high growth (20% yearly).

Viva Energy Group's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Viva Energy Group's revenue growth is positive but not above the Australia market average.

Viva Energy Group's earnings are expected to decrease over the next 1-3 years, this is below the Australia market average.

Viva Energy Group's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.3%.


Earnings per Share Growth Estimates


Future Return on Equity

Viva Energy Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Viva Energy Group performed over the past 5 years?

19.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Viva Energy Group's year on year earnings growth rate has been positive over the past 5 years.

Viva Energy Group's 1-year earnings growth exceeds its 5-year average (100.1% vs 19.3%)

Viva Energy Group's earnings growth has exceeded the AU Oil and Gas industry average in the past year (100.1% vs 12.9%).


Return on Equity

Viva Energy Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).


Return on Assets

Viva Energy Group used its assets more efficiently than the AU Oil and Gas industry average last year based on Return on Assets.


Return on Capital Employed

Viva Energy Group's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Viva Energy Group's financial position?


Financial Position Analysis

Viva Energy Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Viva Energy Group's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Viva Energy Group's level of debt (5.7%) compared to net worth is satisfactory (less than 40%).

Unable to establish if Viva Energy Group's debt level has increased without past 5-year debt data.

Debt is well covered by operating cash flow (180.4%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 9.8x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 15.2x debt.


Next Steps

Dividend

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

5.05%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Viva Energy Group's pays a lower dividend yield than the bottom 25% of dividend payers in Australia (2.6%).

Viva Energy Group's dividend is below the markets top 25% of dividend payers in Australia (5.84%).

It is too early to tell whether Viva Energy Group has stable dividend payments.

Viva Energy Group only just started paying a dividend, it is too early to tell if payments are increasing.


Current Payout to Shareholders

Dividends paid are well covered by earnings (6.2x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (1.6x coverage).


Next Steps

Management

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

1.0yrs

Average management tenure


CEO

Scott Wyatt

4.8yrs

Tenure

Mr. Scott A. Wyatt, BCA has been the Chief Executive Officer and Director at Viva Energy Group Limited since August 13, 2014 and June 7, 2018 respectively. Mr. Wyatt serves as the Chief Executive Officer o ...


Management Age and Tenure

1.0yrs

Average Tenure

The average tenure for the Viva Energy Group management team is less than 2 years, this suggests a new team.


Board Age and Tenure

1.0yrs

Average Tenure

54yo

Average Age

The average tenure for the Viva Energy Group board of directors is less than 3 years, this suggests a new board.


Insider Trading

More shares have been bought than sold by Viva Energy Group insiders in the past 3 months.


Recent Insider Transactions

SellAU$79,482,64014 Jun 19
Perpetual Limited
EntityCompany
Shares34,640,490
Max PriceAU$2.29
BuyAU$33,094,65214 Jun 19
Perpetual Limited
EntityCompany
Shares14,426,244
Max PriceAU$2.29
BuyAU$59,96629 May 19
Jane McAloon
EntityIndividual
Role
Member of the Board of Directors
Shares27,692
Max PriceAU$2.17
BuyAU$43,20029 May 19
Sarah Ryan
EntityIndividual
Role
Member of the Board of Directors
Shares20,000
Max PriceAU$2.16
BuyAU$68,419,12220 Mar 19
Pendal Group Limited
EntityCompany
Shares30,679,030
Max PriceAU$2.24
SellAU$2,258,11320 Mar 19
Pendal Group Limited
EntityCompany
Shares1,069,755
Max PriceAU$2.16
SellAU$1,391,75120 Mar 19
Legg Mason, Inc.
EntityCompany
Shares3,183,481
Max PriceAU$0.44
BuyAU$2,283,95220 Mar 19
Legg Mason, Inc.
EntityCompany
Shares5,475,895
Max PriceAU$0.42
SellAU$105,266,41906 Mar 19
Perpetual Limited
EntityCompany
Shares47,368,180
Max PriceAU$2.22
BuyAU$19,295,83006 Mar 19
Perpetual Limited
EntityCompany
Shares9,762,249
Max PriceAU$1.98
BuyAU$9,52001 Mar 19
Sarah Ryan
EntityIndividual
Role
Member of the Board of Directors
Shares4,000
Max PriceAU$2.38
BuyAU$2,799,30631 Dec 18
Legg Mason, Inc.
EntityCompany
Shares1,402,621
Max PriceAU$2.00
SellAU$1,410,46231 Dec 18
Legg Mason, Inc.
EntityCompany
Shares658,163
Max PriceAU$2.14
SellAU$5,304,31523 Nov 18
Perpetual Limited
EntityCompany
Shares2,464,605
Max PriceAU$2.15
BuyAU$49,436,02823 Nov 18
Perpetual Limited
EntityCompany
Shares23,043,480
Max PriceAU$2.15
BuyAU$36,86220 Sep 18
Legg Mason, Inc.
EntityCompany
Shares15,357
Max PriceAU$2.41
SellAU$2,854,07020 Sep 18
Legg Mason, Inc.
EntityCompany
Shares1,190,375
Max PriceAU$2.40
BuyAU$244,889,31712 Sep 18
Legg Mason, Inc.
EntityCompany
Shares98,344,077
Max PriceAU$2.49
SellAU$1,552,62412 Sep 18
Legg Mason, Inc.
EntityCompany
Shares636,746
Max PriceAU$2.44
BuyAU$62,696,36111 Sep 18
Perpetual Limited
EntityCompany
Shares26,822,233
Max PriceAU$2.34
SellAU$4,218,06111 Sep 18
Perpetual Limited
EntityCompany
Shares1,759,238
Max PriceAU$2.40
BuyAU$9,95505 Sep 18
Sarah Ryan
EntityIndividual
Role
Member of the Board of Directors
Shares4,291
Max PriceAU$2.32
BuyAU$47,816,46315 Aug 18
Perpetual Limited
EntityCompany
Shares19,901,669
Max PriceAU$2.40
BuyAU$53,275,48507 Aug 18
Perpetual Limited
EntityCompany
Shares21,651,766
Max PriceAU$2.46
BuyAU$55,569,02730 Jul 18
Perpetual Limited
EntityCompany
Shares22,203,694
Max PriceAU$2.50
BuyAU$52,275,56524 Jul 18
Perpetual Limited
EntityCompany
Shares21,031,314
Max PriceAU$2.49
SellAU$119,12624 Jul 18
Perpetual Limited
EntityCompany
Shares47,865
Max PriceAU$2.49
BuyAU$41,924,36020 Jul 18
Perpetual Limited
EntityCompany
Shares17,202,944
Max PriceAU$2.44

Ownership Breakdown


Management Team

  • Scott Wyatt

    CEO & Executive Director

    • Tenure: 4.8yrs
  • Daniel Ridgway

    Chief Operating Officer

    • Tenure: 0.4yrs
  • Lachlan Pfeiffer

    General Counsel & Company Secretary

  • Jevan Bouzo

    Chief Financial Officer

    • Tenure: 1.0yrs
    • Compensation: A$1.21m
  • Karla Wynne

    Head of Investor Relations & Strategy


Board Members

  • Arnoud De Meyer (65yo)

    Independent Non-Executive Director

    • Tenure: 1.0yrs
  • Jane McAloon (55yo)

    Independent Non-Executive Director

    • Tenure: 1.0yrs
  • Sarah Ryan (53yo)

    Independent Non-Executive Director

    • Tenure: 1.0yrs
  • Dat Duong (44yo)

    Non-Executive Director

    • Tenure: 1.0yrs
  • Robert Hill

    Independent Non-Executive Chairman

    • Tenure: 1.0yrs
    • Compensation: A$584.34k
  • Scott Wyatt

    CEO & Executive Director

    • Tenure: 1.0yrs
  • Hui Kho

    Non-Executive Director

    • Tenure: 1.0yrs

Company Information

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


Key Information

  • Name: Viva Energy Group Limited
  • Ticker: VEA
  • Exchange: ASX
  • Founded:
  • Industry: oil and gas refining and marketing
  • Sector: energy
  • Market Cap: AU$4.356b
  • Shares outstanding: 1.94b
  • Website: Click here

Location

  • Viva Energy Group Limited
  • 720 Bourke Street
  • Level 16
  • Docklands
  • Victoria
  • 3008
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VEAASX (Australian Securities Exchange)YesNew Ordinary SharesAUAUDJul 2018
VEACHIA (Chi-X Australia)YesNew Ordinary SharesAUAUDJul 2018

Biography

Viva Energy Group Limited operates as an integrated downstream petroleum company in Australia. The company operates in three segments: Retail, Fuels and Marketing; Refining; and Supply, Corporate and Overh ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/06/20 10:41
End of Day Share Price2019/06/20 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


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.