TSXV:ROE

Stock Analysis Report

Renaissance Oil

Executive Summary

Renaissance Oil Corp. engages in the acquisition, exploration, and development of oil and gas properties in Canada and Mexico.

Snowflake

Fundamentals

Mediocre balance sheet with poor track record.

Share Price & News

How has Renaissance Oil's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-3.7%

ROE

-0.5%

CA Oil and Gas

-0.2%

CA Market


1 Year Return

-36.6%

ROE

-12.6%

CA Oil and Gas

1.5%

CA Market

Return vs Industry: ROE underperformed the Canadian Oil and Gas industry which returned -12.6% over the past year.

Return vs Market: ROE underperformed the Canadian Market which returned 1.5% over the past year.


Shareholder returns

ROEIndustryMarket
7 Day-3.7%-0.5%-0.2%
30 Day-10.3%-6.1%-3.5%
90 Day-7.1%-4.5%-1.8%
1 Year-36.6%-36.6%-8.7%-12.6%5.1%1.5%
3 Year-40.9%-40.9%-17.1%-25.5%13.3%3.2%
5 Year-59.4%-59.4%-21.5%-33.4%25.2%7.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Renaissance Oil undervalued compared to its fair value and its price relative to the market?

39.73x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: ROE is poor value based on its PE Ratio (39.7x) compared to the Oil and Gas industry average (8.4x).

PE vs Market: ROE is poor value based on its PE Ratio (39.7x) compared to the Canadian market (13.7x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ROE is overvalued based on its PB Ratio (1.2x) compared to the CA Oil and Gas industry average (0.6x).


Next Steps

Future Growth

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

-2.9%

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 Renaissance Oil 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 Renaissance Oil performed over the past 5 years?

3.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: ROE has become profitable over the past 5 years, growing earnings by 3.5% per year.

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

Earnings vs Industry: ROE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (62.2%).


Return on Equity

High ROE: ROE's Return on Equity (2.9%) is considered low.


Return on Assets

ROA vs Industry: ROE's Return on Assets is below or equal to the Oil and Gas industry average last year.


Return on Capital Employed

ROCE Improving: ROE is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Renaissance Oil's financial position?


Financial Position Analysis

Short Term Liabilities: ROE's short term assets (CA$8.5M) exceeds its short term liabilities (CA$4.2M)

Long Term Liabilities: ROE's short term assets (8.5M) exceeds its long term liabilities (5.0M)


Debt to Equity History and Analysis

Debt Level: ROE's debt to equity ratio (15.9%) is considered satisfactory

Reducing Debt: Insufficient data to determine if ROE's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: ROE's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if ROE's interest payments on its debt are well covered by EBIT.


Balance Sheet

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

Debt Coverage by Assets: ROE's debt is covered by short term assets (assets are 1.716210x debt).


Next Steps

Dividend

What is Renaissance Oil's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%6.0%industryaverage4.9%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

Growing Dividend: Insufficient data to determine if ROE'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 ROE'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 Renaissance Oil's salary, the management and board of directors tenure and is there insider trading?

4.1yrs

Average management tenure


CEO

Craig Steinke (62yo)

5.1yrs

Tenure

CA$455,141

Compensation

Mr. Craig Arthur Allan Steinke, CPA, has been the Chief Executive Officer of San Leon Canada Limited since November 8, 2010. Mr. Steinke serves as Chief Executive Officer and Director of Service Logic. Mr. ...


CEO Compensation Analysis

Compensation vs. Market: Craig's total compensation ($USD346.54K) is about average for companies of similar size in the Canadian market ($USD131.81K).

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


Management Age and Tenure

4.1yrs

Average Tenure

49.5yo

Average Age

Experienced Management: ROE's management team is considered experienced (4.1 years average tenure).


Board Age and Tenure

4.6yrs

Average Tenure

68yo

Average Age

Experienced Board: ROE's board of directors are considered experienced (4.6 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


Management Team

  • Kevin Smith (47yo)

    Vice President of Business Development

    • Tenure: 0yrs
    • Compensation: CA$240.00k
  • Craig Steinke (62yo)

    Co-Founder

    • Tenure: 5.1yrs
    • Compensation: CA$455.14k
  • Carmen Etchart (52yo)

    Corporate Secretary

    • Tenure: 5.1yrs
    • Compensation: CA$97.50k
  • Dan Jarvie

    Geochemist & Member of Advisory Board

    • Tenure: 0yrs
  • Carlos Escribano (41yo)

    Chief Financial Officer

    • Tenure: 2.8yrs
    • Compensation: CA$240.00k
  • Randall Miller

    Geology & Completions Advisor and Member of Advisory Board

    • Tenure: 4.1yrs
  • Jay Park

    International Petroleum Legal Advisor and Member of Advisory Board

    • Tenure: 0yrs
  • Carol Law

    Chief Operating Officer

    • Tenure: 3.1yrs
    • Compensation: CA$568.06k

Board Members

  • Ian Telfer (73yo)

    Independent Director

    • Tenure: 5.1yrs
  • Garry Keep (62yo)

    Independent Director

    • Tenure: 5.1yrs
  • Craig Steinke (62yo)

    Co-Founder

    • Tenure: 5.1yrs
    • Compensation: CA$455.14k
  • Eskandar Maleki (69yo)

    Independent Director

    • Tenure: 1.5yrs
  • Allan Folk (68yo)

    Independent Director

    • Tenure: 0.9yrs
  • Dan Jarvie

    Geochemist & Member of Advisory Board

    • Tenure: 0yrs
  • Randall Miller

    Geology & Completions Advisor and Member of Advisory Board

    • Tenure: 4.1yrs
  • Jay Park

    International Petroleum Legal Advisor and Member of Advisory Board

    • Tenure: 0yrs
  • Pedro Meurs

    Member of Advisory Board

    • Tenure: 0yrs

Company Information

Renaissance Oil Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Renaissance Oil Corp.
  • Ticker: ROE
  • Exchange: TSXV
  • Founded:
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: CA$39.847m
  • Shares outstanding: 306.51m
  • Website: https://www.renaissanceoil.com

Location

  • Renaissance Oil Corp.
  • Three Bentall Centre
  • Suite 3123
  • Vancouver
  • British Columbia
  • V7X 1J1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ROETSXV (TSX Venture Exchange)YesCommon SharesCACADSep 2014
RNSF.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDSep 2014
2R7DB (Deutsche Boerse AG)YesCommon SharesDEEURSep 2014

Biography

Renaissance Oil Corp. engages in the acquisition, exploration, and development of oil and gas properties in Canada and Mexico. It holds interests in the Mundo Nuevo block covering an area of 27.7 square ki ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/21 00:29
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
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.