CNSX:API

Stock Analysis Report

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Executive Summary

Appia Energy Corp. acquires, explores for, develops, and evaluates mineral properties in Canada.


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: API's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-8.8%

API

3.0%

CA Oil and Gas

2.3%

CA Market


1 Year Return

-48.3%

API

-30.0%

CA Oil and Gas

-12.4%

CA Market

Return vs Industry: API underperformed the Canadian Oil and Gas industry which returned -30% over the past year.

Return vs Market: API underperformed the Canadian Market which returned -12.4% over the past year.


Shareholder returns

APIIndustryMarket
7 Day-8.8%3.0%2.3%
30 Day-8.8%-11.3%-2.9%
90 Day-27.9%8.6%12.2%
1 Year-48.3%-48.3%-26.2%-30.0%-9.4%-12.4%
3 Year24.0%24.0%-25.3%-34.5%4.2%-5.7%
5 Yearn/a-30.0%-41.9%22.1%3.8%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Appia Energy undervalued compared to its fair value and its price relative to the market?

6.81x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate API's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate API's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: API is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.

PE vs Market: API is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate API's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: API is overvalued based on its PB Ratio (6.8x) compared to the CA Oil and Gas industry average (0.7x).


Next Steps

Future Growth

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

49.9%

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 Appia 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.


Next Steps

Past Performance

How has Appia Energy performed over the past 5 years?

-37.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: API is currently unprofitable.

Growing Profit Margin: API is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: API is unprofitable, and losses have increased over the past 5 years at a rate of -37.1% per year.

Accelerating Growth: Unable to compare API's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: API is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-16.2%).


Return on Equity

High ROE: API has a negative Return on Equity (-112.33%), as it is currently unprofitable.


Next Steps

Financial Health

How is Appia Energy's financial position?


Financial Position Analysis

Short Term Liabilities: API's short term assets (CA$1.4M) exceed its short term liabilities (CA$766.7K).

Long Term Liabilities: API has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: API is debt free.

Reducing Debt: API has not had any debt for past 5 years.


Balance Sheet


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: API has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: API has less than a year of cash runway if free cash flow continues to reduce at historical rates of 40.9% each year


Next Steps

Dividend

What is Appia Energy current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate API's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate API'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 API's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if API'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 API's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.2yrs

Average management tenure


CEO

Tom Drivas (68yo)

12.92yrs

Tenure

CA$60,000

Compensation

Mr. Anastasios Drivas, also known as Tom, has been the Chief Executive Officer and President of Appia Energy Corp. since August 24, 2007. Mr. Drivas is a Business Entrepreneur with numerous years of experi ...


CEO Compensation Analysis

Compensation vs Market: Tom's total compensation ($USD44.20K) is below average for companies of similar size in the Canadian market ($USD173.14K).

Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Anastasios Drivas
President12.92yrsCA$60.00k0.90% CA$103.0k
Frank van de Water
CFO, Secretary & Director7.25yrsCA$74.25k0.38% CA$43.9k
William Johnstone
Assistant Corporate Secretary10.83yrsno data0.043% CA$5.0k
James Sykes
Vice President of Exploration & Development3.33yrsno data0.034% CA$3.9k
Irvine Annesley
Advisor & Consultant3.92yrsno datano data

4.2yrs

Average Tenure

68yo

Average Age

Experienced Management: API's management team is considered experienced (4.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Anastasios Drivas
President12.92yrsCA$60.00k0.90% CA$103.0k
Frank van de Water
CFO, Secretary & Director7.25yrsCA$74.25k0.38% CA$43.9k
William Johnstone
Assistant Corporate Secretary10.83yrsno data0.043% CA$5.0k
Thomas Skimming
Independent Director10.83yrsCA$4.00k0.30% CA$34.1k
Brian Robertson
Independent Director10.83yrsCA$4.50k0.066% CA$7.5k
Nick Bontis
Independent Director8.42yrsCA$4.50kno data
Douglas Underhill
Independent Director6.33yrsCA$3.50kno data

10.8yrs

Average Tenure

69.5yo

Average Age

Experienced Board: API's board of directors are seasoned and experienced ( 10.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: API insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 12.9%.


Top Shareholders

Company Information

Appia Energy Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Appia Energy Corp.
  • Ticker: API
  • Exchange: CNSX
  • Founded:
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Market Cap: CA$11.432m
  • Shares outstanding: 73.76m
  • Website: https://www.appiaenergy.ca

Location

  • Appia Energy Corp.
  • 2 Toronto Street
  • Suite 500
  • Toronto
  • Ontario
  • M5C 2B6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
APICNSX (Canadian National Stock Exchange)YesCommon SharesCACADOct 2015
APAA.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDOct 2015

Biography

Appia Energy Corp. acquires, explores for, develops, and evaluates mineral properties in Canada. It primarily explores for uranium and rare earth deposits. The company owns 100% interests in the Athabasca Basin covering an area of 63,980 hectares in Saskatchewan; and Elliot Lake property comprising 101 staked mining claims located in northern Ontario. The company is based in Toronto, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/06 00:06
End of Day Share Price2020/07/03 00:00
Earnings2020/03/31
Annual Earnings2019/09/30


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.