A07 Stock Overview
Avance Gas Holding Ltd, together with its subsidiaries, engages in the transportation of liquefied petroleum gas (LPG).
Avance Gas Holding Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||kr4.67|
|52 Week High||kr6.28|
|52 Week Low||kr4.51|
|1 Month Change||-7.66%|
|3 Month Change||0.69%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-12.26%|
Recent News & Updates
|A07||DE Oil and Gas||DE Market|
Return vs Industry: Insufficient data to determine how A07 performed against the German Oil and Gas industry.
Return vs Market: Insufficient data to determine how A07 performed against the German Market.
|A07 Average Weekly Movement||10.8%|
|Oil and Gas Industry Average Movement||7.2%|
|Market Average Movement||5.6%|
|10% most volatile stocks in DE Market||10.0%|
|10% least volatile stocks in DE Market||2.9%|
Stable Share Price: A07 is more volatile than 90% of German stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: Insufficient data to determine A07's volatility change over the past year.
About the Company
Avance Gas Holding Ltd, together with its subsidiaries, engages in the transportation of liquefied petroleum gas (LPG). The company transports LPG from the Persian Gulf and the United States Gulf/the United States East Coast to destinations in Europe, South America, India, and Asia. As of December 31, 2021, it owned and operated through a fleet of thirteen very large gas carriers.
Avance Gas Holding Fundamentals Summary
|A07 fundamental statistics|
Is A07 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|A07 income statement (TTM)|
|Cost of Revenue||US$117.07m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
Nov 30, 2022
|Earnings per share (EPS)||0.71|
|Net Profit Margin||23.52%|
How did A07 perform over the long term?See historical performance and comparison
10.5%Current Dividend Yield
Is A07 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for A07?
Other financial metrics that can be useful for relative valuation.
|What is A07's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does A07's PE Ratio compare to its peers?
|A07 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
VH2 Friedrich Vorwerk Group
ETG EnviTec Biogas
DR0 Deutsche Rohstoff
A07 Avance Gas Holding
Price-To-Earnings vs Peers: A07 is good value based on its Price-To-Earnings Ratio (6.7x) compared to the peer average (17.8x).
Price to Earnings Ratio vs Industry
How does A07's PE Ratio compare vs other companies in the European Oil and Gas Industry?
Price-To-Earnings vs Industry: A07 is expensive based on its Price-To-Earnings Ratio (6.7x) compared to the European Oil and Gas industry average (5.4x)
Price to Earnings Ratio vs Fair Ratio
What is A07'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.
|Current PE Ratio||6.7x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate A07's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of A07 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: A07 (€4.67) is trading below our estimate of fair value (€40.4)
Significantly Below Fair Value: A07 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: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.
Discover undervalued companies
How is Avance Gas Holding forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: A07's forecast earnings growth (25.5% per year) is above the savings rate (-0.01%).
Earnings vs Market: A07's earnings (25.5% per year) are forecast to grow faster than the German market (9.8% per year).
High Growth Earnings: A07's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: A07's revenue (11% per year) is forecast to grow faster than the German market (3.8% per year).
High Growth Revenue: A07's revenue (11% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: A07's Return on Equity is forecast to be low in 3 years time (11.2%).
Discover growth companies
How has Avance Gas Holding performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: A07 has a large one-off gain of $10.8M impacting its June 30 2022 financial results.
Growing Profit Margin: A07's current net profit margins (23.5%) are lower than last year (35%).
Past Earnings Growth Analysis
Earnings Trend: A07 has become profitable over the past 5 years, growing earnings by 58.4% per year.
Accelerating Growth: A07's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: A07 had negative earnings growth (-21.7%) over the past year, making it difficult to compare to the Oil and Gas industry average (65.4%).
Return on Equity
High ROE: A07's Return on Equity (9.4%) is considered low.
Discover strong past performing companies
How is Avance Gas Holding's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: A07's short term assets ($232.5M) exceed its short term liabilities ($50.6M).
Long Term Liabilities: A07's short term assets ($232.5M) do not cover its long term liabilities ($461.3M).
Debt to Equity History and Analysis
Debt Level: A07's net debt to equity ratio (38.3%) is considered satisfactory.
Reducing Debt: A07's debt to equity ratio has reduced from 113.1% to 72.8% over the past 5 years.
Debt Coverage: A07's debt is well covered by operating cash flow (21.9%).
Interest Coverage: A07's interest payments on its debt are well covered by EBIT (3.7x coverage).
Discover healthy companies
What is Avance Gas Holding current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Avance Gas Holding Dividend Yield vs Market|
|Company (Avance Gas Holding)||10.5%|
|Market Bottom 25% (DE)||1.7%|
|Market Top 25% (DE)||5.8%|
|Industry Average (Oil and Gas)||1.2%|
|Analyst forecast in 3 Years (Avance Gas Holding)||10.2%|
Notable Dividend: A07's dividend (10.51%) is higher than the bottom 25% of dividend payers in the German market (1.69%).
High Dividend: A07's dividend (10.51%) is in the top 25% of dividend payers in the German market (5.47%)
Stability and Growth of Payments
Stable Dividend: A07 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: A07 has only been paying a dividend for 8 years, and since then payments have fallen.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69.9%), A07's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: A07 is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Avance Gas Holding has no CEO, or we have no data on them.
Experienced Management: A07's management team is considered experienced (2 years average tenure).
Experienced Board: A07's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
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
|24 Jun 22||Buy€99,080||Oystein Kalleklev||Individual||20,000||€4.95|
|26 Nov 21||Buy€103,928||Oystein Kalleklev||Individual||30,000||€3.46|
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Avance Gas Holding Ltd's employee growth, exchange listings and data sources
- Name: Avance Gas Holding Ltd
- Ticker: A07
- Exchange: DB
- Founded: 2007
- Industry: Oil and Gas Storage and Transportation
- Sector: Energy
- Implied Market Cap: kr3.910b
- Listing Market Cap: kr372.910m
- Shares outstanding: 76.59m
- Website: https://www.avancegas.com
Number of Employees
- Avance Gas Holding Ltd
- Par-la-Ville Place
- 4th Floor
- HM 08
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AGAS||OB (Oslo Bors)||Yes||Common Shares||NO||NOK||Oct 2013|
|AVAC.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Oct 2013|
|0QTX||LSE (London Stock Exchange)||Yes||Common Shares||GB||NOK||Oct 2013|
|AGASO||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Common Shares||GB||NOK||Oct 2013|
|A07||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Oct 2013|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/29 00:00|
|End of Day Share Price||2022/09/28 00:00|
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.