company background image
PEA

Pieridae Energy TSX:PEA Stock Report

Last Price

CA$1.18

Market Cap

CA$175.2m

7D

-11.9%

1Y

148.4%

Updated

27 Jun, 2022

Data

Company Financials +
PEA fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance0/6
Financial Health2/6
Dividends0/6

PEA Stock Overview

Pieridae Energy Limited operates as an energy producing company in Canada.

Pieridae Energy Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Pieridae Energy
Historical stock prices
Current Share PriceCA$1.18
52 Week HighCA$1.98
52 Week LowCA$0.26
Beta2.06
1 Month Change-16.31%
3 Month Change20.41%
1 Year Change148.42%
3 Year Change37.21%
5 Year Changen/a
Change since IPO-68.95%

Recent News & Updates

Shareholder Returns

PEACA Oil and GasCA Market
7D-11.9%-0.6%0.1%
1Y148.4%38.1%-2.6%

Return vs Industry: PEA exceeded the Canadian Oil and Gas industry which returned 30.9% over the past year.

Return vs Market: PEA exceeded the Canadian Market which returned -4% over the past year.

Price Volatility

Is PEA's price volatile compared to industry and market?
PEA volatility
PEA Average Weekly Movement15.2%
Oil and Gas Industry Average Movement10.4%
Market Average Movement10.0%
10% most volatile stocks in CA Market17.3%
10% least volatile stocks in CA Market4.4%

Stable Share Price: PEA is more volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: PEA's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
2011270Alfred Sorensenhttps://www.pieridaeenergy.com

Pieridae Energy Limited operates as an energy producing company in Canada. The company operates through two segments: Upstream and Liquefied Natural Gas (LNG). The Upstream segment owns petroleum and natural gas production operations and properties in Western Canada.

Pieridae Energy Fundamentals Summary

How do Pieridae Energy's earnings and revenue compare to its market cap?
PEA fundamental statistics
Market CapCA$175.19m
Earnings (TTM)-CA$9.72m
Revenue (TTM)CA$348.70m

0.5x

P/S Ratio

-19.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PEA income statement (TTM)
RevenueCA$348.70m
Cost of RevenueCA$234.34m
Gross ProfitCA$114.36m
Other ExpensesCA$124.08m
Earnings-CA$9.72m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.062
Gross Margin32.80%
Net Profit Margin-2.79%
Debt/Equity Ratio-1,060.5%

How did PEA perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

5/6

Valuation Score 5/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

PEA 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/Revenue1.1x
Enterprise Value/EBITDA4.6x
PEG Ration/a

Price to Sales Ratio vs Peers

How does PEA's PS Ratio compare to its peers?

PEA PS Ratio vs Peers
The above table shows the PS ratio for PEA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average2.3x
HME Hemisphere Energy
3.3xn/aCA$152.1m
SOU Southern Energy
4.3x118.2%CA$96.7m
SNM ShaMaran Petroleum
1.4x-14.1%CA$223.5m
TWM Tidewater Midstream and Infrastructure
0.2x-22.3%CA$482.0m
PEA Pieridae Energy
0.5x30.8%CA$186.2m

Price-To-Sales vs Peers: PEA is good value based on its Price-To-Sales Ratio (0.5x) compared to the peer average (2.3x).


Price to Earnings Ratio vs Industry

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

Price-To-Sales vs Industry: PEA is good value based on its Price-To-Sales Ratio (0.5x) compared to the Canadian Oil and Gas industry average (2.7x)


Price to Sales Ratio vs Fair Ratio

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

PEA PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.5x
Fair PS Ratio1.4x

Price-To-Sales vs Fair Ratio: PEA is good value based on its Price-To-Sales Ratio (0.5x) compared to the estimated Fair Price-To-Sales Ratio (1.4x).


Share Price vs Fair Value

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

Below Fair Value: PEA (CA$1.18) is trading below our estimate of fair value (CA$9.33)

Significantly Below Fair Value: PEA is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

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


Discover undervalued companies

Future Growth

How is Pieridae Energy forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


30.8%

Forecasted annual revenue growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if PEA's forecast earnings growth is above the savings rate (1.6%).

Earnings vs Market: Insufficient data to determine if PEA's earnings are forecast to grow faster than the Canadian market

High Growth Earnings: Insufficient data to determine if PEA's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: PEA's revenue (30.8% per year) is forecast to grow faster than the Canadian market (6.9% per year).

High Growth Revenue: PEA's revenue (30.8% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PEA's Return on Equity is forecast to be very high in 3 years time (43%).


Discover growth companies

Past Performance

How has Pieridae Energy performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-31.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PEA is currently unprofitable.

Growing Profit Margin: PEA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PEA is unprofitable, and losses have increased over the past 5 years at a rate of 31.6% per year.

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

Earnings vs Industry: PEA is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (171.2%).


Return on Equity

High ROE: PEA's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Discover strong past performing companies

Financial Health

How is Pieridae Energy's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: PEA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: PEA 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: PEA has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: PEA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: Whilst unprofitable PEA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: PEA is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 0.9% per year.


Discover healthy companies

Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if PEA's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as PEA has not reported any payouts.


Discover strong dividend paying companies

Management

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

3.5yrs

Average management tenure


CEO

Alfred Sorensen (59 yo)

10.42yrs

Tenure

CA$437,148

Compensation

Mr. Alfred B. Sorensen, B.Comm, CA, served as the President of Pieridae Energy Limited since 2012 and has been its Director since May 29, 2012. He has been Chief Executive Officer of Pieridae Energy Limite...


CEO Compensation Analysis

Compensation vs Market: Alfred's total compensation ($USD339.54K) is above average for companies of similar size in the Canadian market ($USD175.18K).

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


Leadership Team

Experienced Management: PEA's management team is considered experienced (3.5 years average tenure).


Board Members

Experienced Board: PEA's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

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


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Pieridae Energy Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Pieridae Energy Limited
  • Ticker: PEA
  • Exchange: TSX
  • Founded: 2011
  • Industry: Integrated Oil and Gas
  • Sector: Energy
  • Implied Market Cap: CA$175.186m
  • Shares outstanding: 157.83m
  • Website: https://www.pieridaeenergy.com

Number of Employees


Location

  • Pieridae Energy Limited
  • 308 – 4th Avenue SW
  • Suite 3100
  • Calgary
  • Alberta
  • T2P 0H7
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/27 00:00
End of Day Share Price2022/06/27 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.