| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
TPL Stock Overview
Tethys Petroleum Limited acquires, explores for, and develops crude oil and natural gas fields in Kazakhstan.
Tethys Petroleum Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$0.78 |
| 52 Week High | CA$1.25 |
| 52 Week Low | CA$0.41 |
| Beta | 0.58 |
| 1 Month Change | -1.27% |
| 3 Month Change | -7.14% |
| 1 Year Change | 30.00% |
| 3 Year Change | 56.00% |
| 5 Year Change | 212.00% |
| Change since IPO | -97.16% |
Recent News & Updates
Is Tethys Petroleum (CVE:TPL) Using Too Much Debt?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Tethys Petroleum (CVE:TPL) Might Have The Makings Of A Multi-Bagger
What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...
Shareholder Returns
| TPL | CA Oil and Gas | CA Market | |
|---|---|---|---|
| 7D | -2.5% | 5.3% | 2.5% |
| 1Y | 30.0% | 47.1% | -0.2% |
Return vs Industry: TPL underperformed the Canadian Oil and Gas industry which returned 47.1% over the past year.
Return vs Market: TPL exceeded the Canadian Market which returned -0.2% over the past year.
Price Volatility
| TPL volatility | |
|---|---|
| TPL Average Weekly Movement | 13.9% |
| Oil and Gas Industry Average Movement | 11.2% |
| Market Average Movement | 10.8% |
| 10% most volatile stocks in CA Market | 19.3% |
| 10% least volatile stocks in CA Market | 4.3% |
Stable Share Price: TPL is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 14% a week.
Volatility Over Time: TPL's weekly volatility has decreased from 19% to 14% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2003 | n/a | Bill Wells | https://www.tethys-group.com |
Tethys Petroleum Limited acquires, explores for, and develops crude oil and natural gas fields in Kazakhstan. It holds 100% working interest in the Kyzyloi production contract covering 449 square kilometers; Akkulka exploration licence and contract covering 827 square kilometers; Akkulka production contract covering 396 square kilometers; and Kul-Bas exploration and production contract covering 7,632 square kilometers located in Kazakhstan. The company was formerly known as Tethys Petroleum Investments Limited and changed its name to Tethys Petroleum Limited in September 2006.
Tethys Petroleum Fundamentals Summary
| TPL fundamental statistics | |
|---|---|
| Market Cap | US$65.43m |
| Earnings (TTM) | US$3.49m |
| Revenue (TTM) | US$27.43m |
18.8x
P/E Ratio2.4x
P/S RatioIs TPL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TPL income statement (TTM) | |
|---|---|
| Revenue | US$27.43m |
| Cost of Revenue | US$4.07m |
| Gross Profit | US$23.36m |
| Other Expenses | US$19.87m |
| Earnings | US$3.49m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.033 |
| Gross Margin | 85.16% |
| Net Profit Margin | 12.72% |
| Debt/Equity Ratio | 23.2% |
How did TPL perform over the long term?
See historical performance and comparisonValuation
Is TPL undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for TPL?
Other financial metrics that can be useful for relative valuation.
| What is TPL's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | US$65.43m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 2.2x |
| Enterprise Value/EBITDA | 3.1x |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does TPL's PE Ratio compare to its peers?
| TPL PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 6.2x | ||
FORZ Forza Petroleum | 2.2x | n/a | CA$108.2m |
TCF Trillion Energy International | 17.8x | n/a | CA$122.6m |
PMT Perpetual Energy | 0.9x | n/a | CA$63.6m |
POE Pan Orient Energy | 3.9x | n/a | CA$59.8m |
TPL Tethys Petroleum | 18.8x | n/a | CA$83.7m |
Price-To-Earnings vs Peers: TPL is expensive based on its Price-To-Earnings Ratio (18.8x) compared to the peer average (6.2x).
Price to Earnings Ratio vs Industry
How does TPL's PE Ratio compare vs other companies in the CA Oil and Gas Industry?
Price-To-Earnings vs Industry: TPL is expensive based on its Price-To-Earnings Ratio (18.8x) compared to the Canadian Oil and Gas industry average (5.4x)
Price to Earnings Ratio vs Fair Ratio
What is TPL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 18.8x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate TPL's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of TPL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: TPL (CA$0.78) is trading below our estimate of fair value (CA$8.05)
Significantly Below Fair Value: TPL is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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Future Growth
How is Tethys Petroleum forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
1.2%
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 Tethys Petroleum 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.
Discover growth companies
- Examine Tethys Petroleum's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Tethys Petroleum competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has Tethys Petroleum performed over the past 5 years?
Past Performance Score
3/6Past Performance Score 3/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
22.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TPL has high quality earnings.
Growing Profit Margin: TPL became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: TPL has become profitable over the past 5 years, growing earnings by 22.8% per year.
Accelerating Growth: TPL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: TPL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (173.6%).
Return on Equity
High ROE: TPL's Return on Equity (11.8%) is considered low.
Discover strong past performing companies
Financial Health
How is Tethys Petroleum's financial position?
Financial Health Score
5/6Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: TPL's short term assets ($16.8M) do not cover its short term liabilities ($32.4M).
Long Term Liabilities: TPL's short term assets ($16.8M) exceed its long term liabilities ($15.3M).
Debt to Equity History and Analysis
Debt Level: TPL has more cash than its total debt.
Reducing Debt: TPL's debt to equity ratio has reduced from 37.7% to 23.2% over the past 5 years.
Debt Coverage: TPL's debt is well covered by operating cash flow (447.8%).
Interest Coverage: TPL's interest payments on its debt are well covered by EBIT (12.7x coverage).
Balance Sheet
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Dividend
What is Tethys Petroleum current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TPL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TPL'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 TPL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TPL'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 TPL has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
6.8yrs
Average board tenure
CEO
Bill Wells (62 yo)
2.42yrs
Tenure
US$165,142
Compensation
Mr. William Paul Wells, also known as Bill, has been the Chief Executive Officer of Tethys Petroleum Limited since March 17, 2020. Mr. Wells has been Chairman of Tethys Petroleum Limited since November 3,...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Bill's total compensation is reasonable compared to companies of similar size in the Canadian market.
Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.
Board Members
Experienced Board: TPL's board of directors are considered experienced (6.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if 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
Tethys Petroleum Limited's employee growth, exchange listings and data sources
Key Information
- Name: Tethys Petroleum Limited
- Ticker: TPL
- Exchange: TSXV
- Founded: 2003
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Implied Market Cap: CA$83.725m
- Shares outstanding: 107.34m
- Website: https://www.tethys-group.com
Number of Employees
Location
- Tethys Petroleum Limited
- One Nexus Way
- Camana Bay
- Grand Cayman
- Grand Cayman
- KY1-9005
- Cayman Islands
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/12 00:00 |
| End of Day Share Price | 2022/08/10 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
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.