| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
HME Stock Overview
Hemisphere Energy Corporation acquires, explores for, develops, and produces petroleum and natural gas interests in Canada.
Rewards
Risk Analysis
+ 1 more risk
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$1.09 |
| 52 Week High | CA$1.10 |
| 52 Week Low | CA$0.21 |
| Beta | 3.19 |
| 1 Month Change | 21.11% |
| 3 Month Change | 21.11% |
| 1 Year Change | 354.17% |
| 3 Year Change | 890.91% |
| 5 Year Change | 319.23% |
| Change since IPO | -90.92% |
Recent News & Updates
Hemisphere Energy (CVE:HME) Is Looking To Continue Growing Its Returns On Capital
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
Shareholder Returns
| HME | CA Oil and Gas | CA Market | |
|---|---|---|---|
| 7D | 0.9% | 1.6% | -0.6% |
| 1Y | 354.2% | 53.8% | 17.7% |
Return vs Industry: HME exceeded the Canadian Oil and Gas industry which returned 53.7% over the past year.
Return vs Market: HME exceeded the Canadian Market which returned 18.2% over the past year.
Price Volatility
| HME volatility | |
|---|---|
| HME Average Weekly Movement | 7.2% |
| Oil and Gas Industry Average Movement | 10.0% |
| Market Average Movement | 9.8% |
| 10% most volatile stocks in CA Market | 17.6% |
| 10% least volatile stocks in CA Market | 3.7% |
Stable Share Price: HME is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: HME's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1977 | n/a | Don Simmons | https://www.hemisphereenergy.ca |
Hemisphere Energy Corporation acquires, explores for, develops, and produces petroleum and natural gas interests in Canada. It primarily owns a 100% working interest in 8,800 net acres of land in the Atlee Buffalo property located in southeastern Alberta; and a 100% working interest in 8,024 net acres of land in the Jenner property situated in southeastern Alberta. The company was formerly known as Northern Hemisphere Development Corp. and changed its name to Hemisphere Energy Corporation in April 2009.
Hemisphere Energy Fundamentals Summary
| HME fundamental statistics | |
|---|---|
| Market Cap | CA$99.51m |
| Earnings (TTM) | CA$336.07k |
| Revenue (TTM) | CA$28.39m |
296.2x
P/E Ratio3.5x
P/S RatioIs HME overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HME income statement (TTM) | |
|---|---|
| Revenue | CA$28.39m |
| Cost of Revenue | CA$7.66m |
| Gross Profit | CA$20.74m |
| Expenses | CA$20.40m |
| Earnings | CA$336.07k |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.0037 |
| Gross Margin | 73.04% |
| Net Profit Margin | 1.18% |
| Debt/Equity Ratio | 96.5% |
How did HME perform over the long term?
See historical performance and comparisonValuation
Is Hemisphere Energy undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HME (CA$1.09) is trading below our estimate of fair value (CA$2.74)
Significantly Below Fair Value: HME is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HME is poor value based on its PE Ratio (296.2x) compared to the Canadian Oil and Gas industry average (8x).
PE vs Market: HME is poor value based on its PE Ratio (296.2x) compared to the Canadian market (13.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate HME's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HME is overvalued based on its PB Ratio (5.9x) compared to the CA Oil and Gas industry average (2.2x).
Future Growth
How is Hemisphere Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
14.9%
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 Hemisphere 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.
Past Performance
How has Hemisphere Energy performed over the past 5 years?
31.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HME has a large one-off loss of CA$768.7K impacting its September 30 2021 financial results.
Growing Profit Margin: HME became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: HME has become profitable over the past 5 years, growing earnings by 31.1% per year.
Accelerating Growth: HME has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: HME has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (159%).
Return on Equity
High ROE: HME's Return on Equity (2%) is considered low.
Financial Health
How is Hemisphere Energy's financial position?
Financial Position Analysis
Short Term Liabilities: HME's short term assets (CA$3.8M) do not cover its short term liabilities (CA$14.2M).
Long Term Liabilities: HME's short term assets (CA$3.8M) do not cover its long term liabilities (CA$25.0M).
Debt to Equity History and Analysis
Debt Level: HME's net debt to equity ratio (96.2%) is considered high.
Reducing Debt: HME's debt to equity ratio has increased from 47.3% to 96.5% over the past 5 years.
Debt Coverage: HME's debt is well covered by operating cash flow (95.8%).
Interest Coverage: HME's interest payments on its debt are not well covered by EBIT (2.4x coverage).
Balance Sheet
Dividend
What is Hemisphere Energy current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate HME's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate HME'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 HME's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HME'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 HME'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?
11.7yrs
Average management tenure
CEO
Don Simmons (43 yo)
13.92yrs
Tenure
CA$317,601
Compensation
Mr. Don J. Simmons, B.Sc., P.Geol, has been the Chief Executive Officer and President of Hemisphere Energy Corporation (a/k/a Northern Hemisphere Development Corp.) since February 2008. Mr. Simmons served...
CEO Compensation Analysis
Compensation vs Market: Don's total compensation ($USD253.90K) is above average for companies of similar size in the Canadian market ($USD160.35K).
Compensation vs Earnings: Don's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: HME's management team is seasoned and experienced (11.7 years average tenure).
Board Members
Experienced Board: HME's board of directors are seasoned and experienced ( 14.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: HME insiders have only sold shares 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 5.2%.
Top Shareholders
Company Information
Hemisphere Energy Corporation's employee growth, exchange listings and data sources
Key Information
- Name: Hemisphere Energy Corporation
- Ticker: HME
- Exchange: TSXV
- Founded: 1977
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Implied Market Cap: CA$99.506m
- Shares outstanding: 91.29m
- Website: https://www.hemisphereenergy.ca
Number of Employees
Location
- Hemisphere Energy Corporation
- 905 Pender Street West
- Suite 501
- Vancouver
- British Columbia
- V6C 1L6
- Canada
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/19 23:37 |
| End of Day Share Price | 2022/01/19 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
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.