TSXV:CBV

Stock Analysis Report

Executive Summary

Cobra Venture Corporation, a junior oil and gas company, focuses on conventional crude oil exploration, development, and production at the Gull Lake, Suffield Battery Project, and S.W.

Snowflake

Flawless balance sheet with questionable track record.

Share Price & News

How has Cobra Venture's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CBV has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

CBV

2.4%

CA Oil and Gas

1.1%

CA Market


1 Year Return

n/a

CBV

-2.1%

CA Oil and Gas

6.6%

CA Market

Return vs Industry: Insufficient data to determine how CBV performed against the Canadian Oil and Gas industry.

Return vs Market: Insufficient data to determine how CBV performed against the Canadian Market.


Shareholder returns

CBVIndustryMarket
7 Day0%2.4%1.1%
30 Day18.8%4.9%2.5%
90 Day-9.5%7.5%2.8%
1 Yearn/a2.4%-2.1%10.2%6.6%
3 Year0%0%-8.7%-17.9%19.4%8.7%
5 Year-52.5%-52.5%-18.1%-30.3%27.3%8.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Cobra Venture undervalued compared to its fair value and its price relative to the market?

286.14x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: CBV is poor value based on its PE Ratio (286.1x) compared to the Oil and Gas industry average (9.8x).

PE vs Market: CBV is poor value based on its PE Ratio (286.1x) compared to the Canadian market (14.6x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CBV is good value based on its PB Ratio (0.5x) compared to the CA Oil and Gas industry average (0.6x).


Next Steps

Future Growth

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

-3.0%

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 Cobra Venture 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 Cobra Venture performed over the past 5 years?

-13.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CBV has high quality earnings.

Growing Profit Margin: CBV's current net profit margins (0.5%) are higher than last year (-25.1%).


Past Earnings Growth Analysis

Earnings Trend: CBV's earnings have declined by -13.1% per year over the past 5 years.

Accelerating Growth: CBV has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: CBV has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (24.1%).


Return on Equity

High ROE: CBV's Return on Equity (0.2%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Cobra Venture's financial position?


Financial Position Analysis

Short Term Liabilities: CBV's short term assets (CA$2.0M) exceeds its short term liabilities (CA$20.7K)

Long Term Liabilities: CBV's short term assets (2.0M) exceeds its long term liabilities (162.9K)


Debt to Equity History and Analysis

Debt Level: CBV is debt free.

Reducing Debt: CBV had no debt 5 years ago.

Debt Coverage: CBV has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: CBV has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: CBV has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if CBV's debt is covered by short term assets.


Next Steps

Dividend

What is Cobra Venture's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.7%industryaverage4.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate CBV's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CBV's dividends per share have been stable in the past.

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


Next Steps

Management

What is the CEO of Cobra Venture's salary, the management and board of directors tenure and is there insider trading?

20.0yrs

Average board tenure


CEO

Dan Evans (65yo)

21.3yrs

Tenure

CA$224,000

Compensation

Mr. Daniel B. Evans, also known as Dan has been the President and Secretary of Kennedy Hill Financial Group Inc. since 1998. Mr. Evans has been the Chief Executive Officer, President and Executive Director ...


CEO Compensation Analysis

Compensation vs Market: Dan's total compensation ($USD169.47K) is about average for companies of similar size in the Canadian market ($USD136.18K).

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


Board Age and Tenure

20.0yrs

Average Tenure

64yo

Average Age

Experienced Board: CBV's board of directors are seasoned and experienced ( 20 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

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


Management Team

  • Dan Evans (65yo)

    President

    • Tenure: 21.3yrs
    • Compensation: CA$224.00k
  • Cyrus Driver (69yo)

    CFO & Director

    • Tenure: 20yrs
    • Compensation: CA$13.00k

Board Members

  • Dan Evans (65yo)

    President

    • Tenure: 21.3yrs
    • Compensation: CA$224.00k
  • David Evans (61yo)

    Director

    • Tenure: 20yrs
    • Compensation: CA$4.00k
  • Cyrus Driver (69yo)

    CFO & Director

    • Tenure: 20yrs
    • Compensation: CA$13.00k
  • W. Rodgers (63yo)

    Independent Director

    • Tenure: 17.5yrs
    • Compensation: CA$4.00k
  • Stuart Ross

    Independent Director

    • Tenure: 1.8yrs
    • Compensation: CA$10.41k

Company Information

Cobra Venture Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Cobra Venture Corporation
  • Ticker: CBV
  • Exchange: TSXV
  • Founded: 1998
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: CA$1.511m
  • Shares outstanding: 15.90m
  • Website: https://www.cobraventure.com

Location

  • Cobra Venture Corporation
  • 2489 Bellevue Avenue
  • West Vancouver
  • British Columbia
  • V7V 1E1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CBVTSXV (TSX Venture Exchange)YesCommon SharesCACADMay 2000
CBVT.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDMay 2000

Biography

Cobra Venture Corporation, a junior oil and gas company, focuses on conventional crude oil exploration, development, and production at the Gull Lake, Suffield Battery Project, and S.W. Saskatchewan, Canada ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/11 23:34
End of Day Share Price2019/10/22 00:00
Earnings2019/08/31
Annual Earnings2018/11/30


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.