TSXV:IFR

Stock Analysis Report

International Frontier Resources

Executive Summary

International Frontier Resources Corporation acquires, develops, exploits, and produces oil and natural gas reserves.

Risk Analysis

Earnings have declined by -37.2% per year over past 5 years

Does not have a meaningful market cap (CA$3M)

Currently unprofitable and not forecast to become profitable over the next 3 years

Shareholders have been diluted in the past year



Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

How has International Frontier Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

IFR

2.0%

CA Oil and Gas

-0.4%

CA Market


1 Year Return

-87.0%

IFR

3.8%

CA Oil and Gas

10.5%

CA Market

Return vs Industry: IFR underperformed the Canadian Oil and Gas industry which returned 3.8% over the past year.

Return vs Market: IFR underperformed the Canadian Market which returned 10.5% over the past year.


Shareholder returns

IFRIndustryMarket
7 Day0%2.0%-0.4%
30 Day-25.0%2.3%0.8%
90 Day-25.0%5.5%1.7%
1 Year-87.0%-87.0%8.5%3.8%14.1%10.5%
3 Year-93.8%-93.8%-11.7%-20.7%16.1%5.6%
5 Year-70.0%-70.0%1.3%-14.8%41.2%20.4%

Price Volatility Vs. Market

How volatile is International Frontier Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is International Frontier Resources undervalued compared to its fair value and its price relative to the market?

0.38x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

PE vs Market: IFR 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 IFR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: IFR is good value based on its PB Ratio (0.4x) compared to the CA Oil and Gas industry average (0.6x).


Next Steps

Future Growth

How is International Frontier Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-6.6%

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 International Frontier Resources 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 International Frontier Resources performed over the past 5 years?

-37.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: IFR is currently unprofitable.

Growing Profit Margin: IFR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: IFR is unprofitable, and losses have increased over the past 5 years at a rate of -37.2% per year.

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

Earnings vs Industry: IFR is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (16.5%).


Return on Equity

High ROE: IFR has a negative Return on Equity (-111.8%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is International Frontier Resources's financial position?


Financial Position Analysis

Short Term Liabilities: IFR's short term assets (CA$7.5M) exceed its short term liabilities (CA$763.3K).

Long Term Liabilities: IFR's short term assets (CA$7.5M) exceed its long term liabilities (CA$50.0).


Debt to Equity History and Analysis

Debt Level: IFR is debt free.

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


Balance Sheet

Inventory Level: IFR has a low level of unsold assets or inventory.

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


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 IFR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: IFR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 26.3% per year.


Next Steps

Dividend

What is International Frontier Resources'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 IFR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

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

Growing Dividend: Insufficient data to determine if IFR'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 IFR'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 International Frontier Resources's salary, the management and board of directors tenure and is there insider trading?

3.2yrs

Average management tenure


CEO

Steve Hanson (52yo)

3.2yrs

Tenure

CA$168,000

Compensation

Mr. Stephen Hanson, also known as Steve, CPA, CMA has been the Chief Executive Officer of International Frontier Resources Corp. since October 4, 2016 and its President since November 2013. Mr. Hanson serv ...


CEO Compensation Analysis

Compensation vs Market: Steve's total compensation ($USD127.08K) is about average for companies of similar size in the Canadian market ($USD136.16K).

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


Management Age and Tenure

3.2yrs

Average Tenure

Experienced Management: IFR's management team is considered experienced (3.2 years average tenure).


Board Age and Tenure

3.1yrs

Average Tenure

61.5yo

Average Age

Experienced Board: IFR's board of directors are considered experienced (3.1 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.


Recent Insider Transactions

SellCA$69,04126 Jan 19
Andrew Fisher
EntityIndividual
Role
Member of the Board of Directors
COO & Director
Shares726,750
Max PriceCA$0.095
BuyCA$69,04125 Jan 19
Andrew Fisher
EntityIndividual
Role
Member of the Board of Directors
COO & Director
Shares726,750
Max PriceCA$0.095

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 13.2%.


Management Team

  • Andy Fisher

    COO & Director

    • Tenure: 3.1yrs
    • Compensation: CA$168.00k
  • Steve Hanson (52yo)

    President

    • Tenure: 3.2yrs
    • Compensation: CA$168.00k
  • Margaret Souleles

    CFO & Secretary

    • Tenure: 10.2yrs
    • Compensation: CA$104.00k
  • Tony Kinnon

    Chairman & VP of Corporate Development

    • Tenure: 3.1yrs
    • Compensation: CA$168.00k

Board Members

  • R. Dawson (63yo)

    Independent Director

    • Tenure: 1.4yrs
    • Compensation: CA$40.55k
  • Pat Boswell (65yo)

    Chairman Emeritus

    • Tenure: 3.2yrs
    • Compensation: CA$310.47k
  • Andy Fisher

    COO & Director

    • Tenure: 3.1yrs
    • Compensation: CA$168.00k
  • Gary Lyons (60yo)

    Independent Vice Chairman

    • Tenure: 3.1yrs
    • Compensation: CA$12.00k
  • Steve Hanson (52yo)

    President

    • Tenure: 3.2yrs
    • Compensation: CA$168.00k
  • Tony Kinnon

    Chairman & VP of Corporate Development

    • Tenure: 3.1yrs
    • Compensation: CA$168.00k

Company Information

International Frontier Resources Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: International Frontier Resources Corporation
  • Ticker: IFR
  • Exchange: TSXV
  • Founded: 1995
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: CA$2.608m
  • Shares outstanding: 173.85m
  • Website: https://www.internationalfrontier.com

Number of Employees


Location

  • International Frontier Resources Corporation
  • 520-5th Avenue SW
  • Suite 2410
  • Calgary
  • Alberta
  • T2P 3R7
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
IFRTSXV (TSX Venture Exchange)YesCommon SharesCACADSep 1998
IFRT.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDSep 1998

Biography

International Frontier Resources Corporation acquires, develops, exploits, and produces oil and natural gas reserves. The company has operations in the Central Mackenzie Valley and Northwest Territories, C ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/06 23:39
End of Day Share Price2019/12/06 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.