DB:KIO

Stock Analysis Report

Executive Summary

Fitzroy River Corporation Limited operates as an oil and gas investment holding company in Western Australia and the Gulf of Mexico.

Snowflake

Fundamentals

Flawless balance sheet with weak fundamentals.

Share Price & News

How has Fitzroy River's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

KIO

5.0%

DE Oil and Gas

2.4%

DE Market


1 Year Return

-12.4%

KIO

43.6%

DE Oil and Gas

2.3%

DE Market

Return vs Industry: KIO underperformed the German Oil and Gas industry which returned 43.6% over the past year.

Return vs Market: KIO underperformed the German Market which returned 2.3% over the past year.


Shareholder returns

KIOIndustryMarket
7 Day0%5.0%2.4%
30 Day6.5%5.1%-0.2%
90 Day-16.5%6.0%0.6%
1 Year-12.4%-12.4%48.3%43.6%5.5%2.3%
3 Year-5.9%-5.9%40.9%27.5%18.9%8.6%
5 Year-45.4%-45.4%167.0%125.5%44.8%25.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Fitzroy River undervalued compared to its fair value and its price relative to the market?

1.17x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate KIO's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate KIO's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: KIO is overvalued based on its PB Ratio (1.2x) compared to the DE Oil and Gas industry average (1.1x).


Next Steps

Future Growth

How is Fitzroy River forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-4.5%

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 Fitzroy River 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

  • Examine Fitzroy River'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.
  • Fitzroy River competitive advantages and company strategy can generally be found in its financial reports archived here.
  • Explore growth companies in the Energy industry.

Past Performance

How has Fitzroy River performed over the past 5 years?

16.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: KIO is unprofitable, but has reduced losses over the past 5 years at a rate of 16.7% per year.

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

Earnings vs Industry: KIO is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (10%).


Return on Equity

High ROE: KIO has a negative Return on Equity (-3.65%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: KIO is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

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


Next Steps

Financial Health

How is Fitzroy River's financial position?


Financial Position Analysis

Short Term Liabilities: KIO's short term assets (A$1.4M) exceeds its short term liabilities (A$41.0K)

Long Term Liabilities: KIO has no long term liabilities


Debt to Equity History and Analysis

Debt Level: KIO is debt free.

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


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if KIO'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: KIO has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: KIO has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 11.6% each year


Next Steps

Dividend

What is Fitzroy River's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.9%industryaverage5.9%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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


Next Steps

Management

What is the CEO of Fitzroy River's salary, the management and board of directors tenure and is there insider trading?

6.9yrs

Average board tenure


CEO

Fitzroy River has no CEO, or we have no data on them.


Board Age and Tenure

6.9yrs

Average Tenure

61yo

Average Age

Experienced Board: KIO's board of directors are considered experienced (6.9 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

  • Justin Clyne (46yo)

    Company Secretary & Non-Executive Director

    • Tenure: 5.3yrs
    • Compensation: AU$100.00k

Board Members

  • Malcolm McComas (64yo)

    Independent Non-Executive Chairman

    • Tenure: 6.9yrs
    • Compensation: AU$75.00k
  • Sue Thomas (61yo)

    Independent Non-Executive Director

    • Tenure: 6.9yrs
    • Compensation: AU$50.00k
  • Justin Clyne (46yo)

    Company Secretary & Non-Executive Director

    • Tenure: 5.3yrs
    • Compensation: AU$100.00k

Company Information

Fitzroy River Corporation Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Fitzroy River Corporation Limited
  • Ticker: KIO
  • Exchange: DB
  • Founded: 1996
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: AU$13.818m
  • Listing Market Cap: AU$8.481m
  • Shares outstanding: 86.36m
  • Website: https://www.fitzroyriver.net.au

Number of Employees


Location

  • Fitzroy River Corporation Limited
  • 28 O'Connell Street
  • Suite 6.02
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FZRASX (Australian Securities Exchange)YesOrdinary SharesAUAUDMar 1998
KIODB (Deutsche Boerse AG)YesOrdinary SharesDEEURMar 1998
FZRCHIA (Chi-X Australia)YesOrdinary SharesAUAUDMar 1998

Biography

Fitzroy River Corporation Limited operates as an oil and gas investment holding company in Western Australia and the Gulf of Mexico. The company focuses on non-operational assets, such as royalties, free c ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 20:50
End of Day Share Price2019/10/14 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.