This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Echelon Resources Valuation

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

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: NZO (A$0.39) is trading above our estimate of fair value (A$0.05)

Significantly Below Fair Value: NZO is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for NZO?

Key metric: As NZO is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for NZO. This is calculated by dividing NZO's market cap by their current earnings.
What is NZO's PE Ratio?
PE Ratio	6.4x
Earnings	NZ$14.43m
Market Cap	NZ$92.12m

NZO 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/Revenue	0.7x
Enterprise Value/EBITDA	1.4x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does NZO's PE Ratio compare to its peers?

The above table shows the PE ratio for NZO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	23.5x
CUE Cue Energy Resources	4.5x	n/a	AU$69.2m
BRK Brookside Energy	3.2x	49.1%	AU$46.8m
BAS Bass Oil	78.3x	n/a	AU$17.7m
HZN Horizon Oil	8x	4.2%	AU$309.1m
NZO Echelon Resources	6.4x	n/a	AU$84.0m

Price-To-Earnings vs Peers: NZO is good value based on its Price-To-Earnings Ratio (6.4x) compared to the peer average (16.8x).

Price to Earnings Ratio vs Industry

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

3 Companies	Price / Earnings	Estimated Growth	Market Cap
FAR FAR	0.7x	n/a	US$29.13m
IKW Ikwezi Mining	1.7x	n/a	US$12.55m
XST Xstate Resources	0.7x	n/a	US$1.89m

No more companies available in this PE range

3 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: NZO is good value based on its Price-To-Earnings Ratio (6.4x) compared to the Australian Oil and Gas industry average (7.3x).

Price to Earnings Ratio vs Fair Ratio

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

NZO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	6.4x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate NZO's Price-To-Earnings Fair Ratio 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.

Discover undervalued companies

New Hope

AU$4.1b

Explores for, develops, produces, and processes coal, and oil and gas properties.

NHC

AU$4.73

-1.7%

-12.1%

Beach Energy

AU$2.9b

Operates as an oil and gas exploration and production company.

BPT

AU$1.29

2.0%

-14.3%

Vintage Energy

AU$11.7m

Acquires, explores for, and develops oil and gas properties in Australia.

VEN

AU$0.007

-75.9%