DB:GGM

Stock Analysis Report

Amerisur Resources

Executive Summary

Amerisur Resources plc engages in the exploration and production of oil and gas assets.


Snowflake Analysis

Flawless balance sheet with limited growth.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

GGM

2.8%

DE Oil and Gas

0.1%

DE Market


1 Year Return

16.9%

GGM

79.9%

DE Oil and Gas

14.1%

DE Market

Return vs Industry: GGM underperformed the German Oil and Gas industry which returned 48.3% over the past year.

Return vs Market: GGM exceeded the German Market which returned 14.8% over the past year.


Shareholder returns

GGMIndustryMarket
7 Day0%2.8%0.1%
30 Day0%6.9%0.2%
90 Day9.9%28.8%3.3%
1 Year16.9%16.9%85.0%79.9%17.6%14.1%
3 Year-23.0%-23.0%16.1%6.4%14.8%4.8%
5 Year-54.8%-54.8%329.1%262.1%22.2%5.4%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

1.42x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

PE vs Market: GGM is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: GGM is overvalued based on its PB Ratio (1.4x) compared to the DE Oil and Gas industry average (1.1x).


Next Steps

Future Growth

How is Amerisur Resources forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

34.9%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if GGM's forecast earnings growth is above the savings rate (-0.4%).

Earnings vs Market: Insufficient data to determine if GGM's earnings are forecast to grow faster than the German market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: GGM's revenue (12.6% per year) is forecast to grow faster than the German market (4.8% per year).

High Growth Revenue: GGM's revenue (34.9% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if GGM's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Amerisur Resources performed over the past 5 years?

-0.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GGM is currently unprofitable.

Growing Profit Margin: GGM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GGM is unprofitable, and losses have increased over the past 5 years at a rate of -0.2% per year.

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

Earnings vs Industry: GGM is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-5.1%).


Return on Equity

High ROE: GGM has a negative Return on Equity (-2.27%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Amerisur Resources's financial position?


Financial Position Analysis

Short Term Liabilities: GGM's short term assets ($87.8M) exceed its short term liabilities ($44.2M).

Long Term Liabilities: GGM's short term assets ($87.8M) exceed its long term liabilities ($40.6M).


Debt to Equity History and Analysis

Debt Level: GGM is debt free.

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


Balance Sheet

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

Debt Coverage by Assets: GGM's debt is covered by short term assets (assets are 2.4710969680405E+16x debt).


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: GGM has been profitable on average in the past, therefore cash runway is not a concern.

Forecast Cash Runway: GGM has been profitable on average in the past, therefore cash runway is not a concern.


Next Steps

Dividend

What is Amerisur Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.3%markettop25%3.6%industryaverage6.3%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

Growing Dividend: Insufficient data to determine if GGM'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 GGM's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

8.2yrs

Average board tenure


CEO

John Wardle (59yo)

12.9yrs

Tenure

US$1,455,000

Compensation

Dr. John Wardle has been the Chief Executive Officer at Amerisur Resources PLC (Formerly, Chaco Resources Plc) since February 27, 2007 and served as its Resident Manager since November 24, 2006. Dr. Wardle ...


CEO Compensation Analysis

Compensation vs Market: John's total compensation ($USD1.46M) is above average for companies of similar size in the German market ($USD817.80K).

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


Board Members

NamePositionTenureCompensationOwnership
John Wardle
CEO & Executive Director12.9yrsUS$1.46m2.65% $6.4m
John Harrison
CFO & Executive Director12.8yrsUS$436.00k0.17% $412.1k
Alexander Charles Snow
Senior Independent Non-Executive Director2.7yrsUS$85.00k0.040% $95.9k
Charles Clarke
Non-Executive Chairman12.9yrsUS$303.00k1.0% $2.4m
Christopher Jenkins
Independent Non-Executive Director3.7yrsUS$91.00k0.11% $268.5k
Elodie Goodey
Independent Non-Executive Director1.3yrsUS$22.00k0.0029% $7.1k

8.2yrs

Average Tenure

59.5yo

Average Age

Experienced Board: GGM's board of directors are considered experienced (8.2 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

Amerisur Resources plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Amerisur Resources plc
  • Ticker: GGM
  • Exchange: DB
  • Founded:
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: €241.305m
  • Shares outstanding: 1.26b
  • Website: https://www.amerisurresources.com

Number of Employees


Location

  • Amerisur Resources plc
  • Lakeside
  • Fountain Lane
  • Cardiff
  • South Glamorgan
  • CF3 0FB
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GGMDB (Deutsche Boerse AG)YesOrdinary SharesDEEURNov 2004

Biography

Amerisur Resources plc engages in the exploration and production of oil and gas assets. The company holds interests in CPO-5 in the Llanos basin and the Putumayo basin, which covers 12 blocks covering a total of 1,022,726 gross hectares in Colombia; and 3 prospection licenses in the Pirity/Pilar basin complex in the west of Paraguay. Amerisur Resources plc is based in Cardiff, the United Kingdom. As of January 16, 2020, Amerisur Resources plc operates as a subsidiary of GeoPark Colombia S.A. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/01/19 21:13
End of Day Share Price2020/01/15 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.