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
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Whitebark Energy. This is due to cash flow or dividend data being
unavailable. The share price is
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
is considered below, and whether this is a fair price.
Price based on past earnings
Whitebark Energy's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Whitebark 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
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
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Whitebark Energy's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Whitebark Energy's earnings growth to the Australia market average as no estimate data is available.
Unable to compare Whitebark Energy's revenue growth to the Australia market average as no estimate data is available.
Unable to determine if Whitebark Energy is high growth as no earnings estimate data is available.
Unable to determine if Whitebark 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.
Whitebark Energy's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Oil and Gas
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
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.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Whitebark Energy's finances.
The net worth of a company is the difference between its assets and liabilities.
Whitebark Energy is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Whitebark Energy's long term commitments exceed its cash and other short term assets.
This treemap shows a more detailed breakdown of
Whitebark 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
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Whitebark Energy has no debt, it does not need to be covered by short term assets.
Nearly all companies have debt. Debt in itself isn’t
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.
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.
TENURE AS CEO
Mr. David Messina has been Managing Director of Whitebark Energy Ltd. since December 2016 and serves as its Executive Director since April 20, 2016. Mr. Messina served as the Chief Commercial Officer of Transerv Energy Limited from February 18, 2016 to December 9, 2016 and has been its Executive Director of Transerv Energy Limited since April 20, 2016. He served as the Managing Director of Hutton Energy Plc until 2016. He has 20 years experience in business development and executive management across the Energy, Oil and Gas and Agricultural sectors. He is instrumental in the development of the Hutton Energy European shale portfolio. Mr. Messina has driven Hutton’s strategy for acquisition of licenses including securing an extensive shale acreage position in Poland of approximately 1.3 million acres since 2009. Prior to Hutton Energy, he spent five years living and working in Eastern Europe developing greenfield business in the Energy and Oil and Gas sectors, encompassing renewables (biomass, oil, geothermal), uranium, CBM and shale projects. Mr. Messina serves as a Director of Hutton Energy Plc.
David's compensation has increased whilst company is loss making.
David's remuneration is higher than average for companies of similar size in Australia.
MD & Executive Director
Co-Founder & Executive Director
Board of Directors Tenure
Average tenure of the
board of directors in years:
The tenure for the Whitebark Energy board of directors is about average.
Who Has Been Buying Whitebark Energy Limited (ASX:WBE) Shares?
So before you buy or sell Whitebark Energy Limited (ASX:WBE), you may well want to know whether insiders have been buying or selling. … Whitebark Energy Insider Transactions Over The Last Year. … Nonetheless, we consider it positive if insiders want to buy at around the current share price.
Is Whitebark Energy Limited's (ASX:WBE) Balance Sheet A Threat To Its Future?
Whitebark Energy Limited (ASX:WBE), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … Does WBE's growth rate justify its decision for financial flexibility over lower cost of capital … There are well-known benefits of including debt in capital structure, primarily a lower cost of capital.
How Much Of Whitebark Energy Limited (ASX:WBE) Do Insiders Own?
Every investor in Whitebark Energy Limited (ASX:WBE) should be aware of the most powerful shareholder groups. … Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … Whitebark Energy is not a large company by global standards.
Who Really Owns Whitebark Energy Limited (ASX:WBE)?
In this article, I'm going to take a look at Whitebark Energy Limited’s (ASX:WBE) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … Differences in ownership structure of companies can have a profound effect on how management's incentives are aligned with shareholder returns, and whether they adhere to corporate governance best practices. … Therefore, it is beneficial for us to examine WBE's ownership structure in more detail.
Interested In Whitebark Energy Limited (ASX:WBE)? Here's How It Performed Recently
When Whitebark Energy Limited (ASX:WBE) announced its most recent earnings (31 December 2017), I compared it against two factor: its historical earnings track record, and the performance of its industry peers on average. … Check out our latest analysis for Whitebark Energy How Did WBE's Recent Performance Stack Up Against Its Past? … For Whitebark Energy, its most recent trailing-twelve-month earnings is -AU$6.23M, which, relative to last year’s level, has become less negative.
Whitebark Energy Limited engages in the evaluation of oil and gas exploration projects in the Perth Basin, Western Australia. It holds a 100% interest in the Warro Gas Project located in northeast of Perth. The company also holds interests in various oil and gas properties located in Alberta, Canada. The company was formerly known as Transerv Energy Limited and changed its name to Whitebark Energy Limited in July 2017. Whitebark Energy Limited is based in West Perth, Australia.
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