White Energy Company Limited engages in coal technology, coal mining, and exploration businesses in Australia, Indonesia, China, Singapore, South Africa, Mauritius, the United States, and the United Kingdom.
White Energy Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.13|
|52 Week High||AU$0.092|
|52 Week Low||AU$0.15|
|1 Month Change||8.33%|
|3 Month Change||-13.33%|
|1 Year Change||4.00%|
|3 Year Change||96.97%|
|5 Year Change||83.10%|
|Change since IPO||-86.74%|
Recent News & Updates
Are Insiders Buying White Energy Company Limited (ASX:WEC) Stock?
We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be...
|WEC||AU Oil and Gas||AU Market|
Return vs Industry: WEC underperformed the Australian Oil and Gas industry which returned 44% over the past year.
Return vs Market: WEC underperformed the Australian Market which returned 21.4% over the past year.
Stable Share Price: WEC is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: WEC's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
White Energy Company Limited engages in coal technology, coal mining, and exploration businesses in Australia, Indonesia, China, Singapore, South Africa, Mauritius, the United States, and the United Kingdom. It holds license for the Binderless Coal Briquetting technology, which processes poor quality coal into a higher quality product; and EL6566 tenements near Coober Pedy, South Australia. The company is headquartered in Brisbane, Australia.
White Energy Fundamentals Summary
|WEC fundamental statistics|
Is WEC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|WEC income statement (TTM)|
|Cost of Revenue||AU$86.00k|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.019|
|Net Profit Margin||-6,571.43%|
How did WEC perform over the long term?See historical performance and comparison
Is White Energy undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate WEC's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate WEC's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: WEC is unprofitable, so we can't compare its PE Ratio to the Australian Oil and Gas industry average.
PE vs Market: WEC is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate WEC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: WEC is overvalued based on its PB Ratio (32.5x) compared to the AU Oil and Gas industry average (2.5x).
How is White Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 White 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.
How has White Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WEC is currently unprofitable.
Growing Profit Margin: WEC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: WEC is unprofitable, but has reduced losses over the past 5 years at a rate of 15.3% per year.
Accelerating Growth: Unable to compare WEC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: WEC is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-50.5%).
Return on Equity
High ROE: WEC's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is White Energy's financial position?
Financial Position Analysis
Short Term Liabilities: WEC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: WEC has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: WEC has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: WEC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: WEC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: WEC has less than a year of cash runway if free cash flow continues to grow at historical rates of 28.6% each year.
What is White Energy current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate WEC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate WEC'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 WEC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if WEC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of WEC's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Brian Flannery (70 yo)
Mr. Brian Joseph Flannery, BE, has been the Chief Executive Officer, Managing Director and Executive Director of White Energy Company Limited since September 17, 2010. Mr. Flannery is a mining engineer wit...
CEO Compensation Analysis
Compensation vs Market: Brian's total compensation ($USD113.08K) is below average for companies of similar size in the Australian market ($USD303.33K).
Compensation vs Earnings: Brian's compensation has increased whilst the company is unprofitable.
Experienced Management: WEC's management team is seasoned and experienced (11.1 years average tenure).
Experienced Board: WEC's board of directors are seasoned and experienced ( 11.1 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
White Energy Company Limited's employee growth, exchange listings and data sources
- Name: White Energy Company Limited
- Ticker: WEC
- Exchange: ASX
- Founded: NaN
- Industry: Coal and Consumable Fuels
- Sector: Energy
- Market Cap: AU$100.682m
- Shares outstanding: 774.48m
- Website: https://www.whiteenergyco.com
- White Energy Company Limited
- 167 Eagle Street
- Level 7
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/22 15:43|
|End of Day Share Price||2021/10/22 00:00|
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.