DB:MZB

Stock Analysis Report

Executive Summary

Mexco Energy Corporation, an independent oil and gas company, engages in the acquisition, exploration, development, and production of natural gas, crude oil, condensate, and natural gas liquids in the United States.

Snowflake

Fundamentals

Adequate balance sheet with weak fundamentals.

Share Price & News

How has Mexco Energy's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.5%

MZB

5.7%

DE Oil and Gas

4.1%

DE Market


1 Year Return

-11.4%

MZB

47.6%

DE Oil and Gas

2.4%

DE Market

Return vs Industry: MZB underperformed the German Oil and Gas industry which returned 47.6% over the past year.

Return vs Market: MZB underperformed the German Market which returned 2.4% over the past year.


Shareholder returns

MZBIndustryMarket
7 Day0.5%5.7%4.1%
30 Day-26.1%5.6%1.7%
90 Day13.9%11.2%3.7%
1 Year-11.4%-11.4%52.4%47.6%5.6%2.4%
3 Year-13.0%-13.0%43.9%30.2%19.2%8.9%
5 Year-18.4%-18.4%170.3%128.2%43.2%23.7%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Mexco Energy undervalued compared to its fair value and its price relative to the market?

1.05x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: MZB (€3.82) is trading above our estimate of fair value (€1.31)

Significantly Undervalued: MZB is trading above our estimate of fair value.


Price To Earnings Ratio

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

PE vs Market: MZB 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 MZB's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MZB is overvalued based on its PB Ratio (1x) compared to the DE Oil and Gas industry average (1.1x).


Next Steps

Future Growth

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

-4.9%

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 Mexco Energy 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 Mexco Energy performed over the past 5 years?

20.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: MZB is unprofitable, but has reduced losses over the past 5 years at a rate of 20.5% per year.

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

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


Return on Equity

High ROE: MZB has a negative Return on Equity (-0.97%), as it is currently unprofitable.


Return on Assets

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


Return on Capital Employed

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


Next Steps

Financial Health

How is Mexco Energy's financial position?


Financial Position Analysis

Short Term Liabilities: MZB's short term assets ($560.2K) exceeds its short term liabilities ($217.9K)

Long Term Liabilities: MZB's short term assets (560.2K) do not cover its long term liabilities (1.1M)


Debt to Equity History and Analysis

Debt Level: MZB's debt to equity ratio (2.3%) is considered satisfactory

Reducing Debt: MZB's debt to equity ratio has reduced from 17.1% to 2.3% over the past 5 years.


Balance Sheet

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

Debt Coverage by Assets: MZB's debt is covered by short term assets (assets are 2.963280x 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: MZB has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if MZB has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Mexco Energy's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage5.9%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

27.3yrs

Average management tenure


CEO

Nicholas Taylor (81yo)

36.5yrs

Tenure

0

Mr. Nicholas C. Taylor has been the Chief Executive Officer of Mexco Energy Corp. since April 1983 and served as its President from April 1983 to September 13, 2011. Since July 1993, Mr. Taylor has been in ...


Management Age and Tenure

27.3yrs

Average Tenure

74yo

Average Age

Experienced Management: MZB's management team is seasoned and experienced (27.3 years average tenure).


Board Age and Tenure

8.1yrs

Average Tenure

75yo

Average Age

Experienced Board: MZB's board of directors are considered experienced (8.1 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.


Recent Insider Transactions

BuyUS$37,23221 Nov 18
Nicholas Taylor
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares10,650
Max PriceUS$3.54

Ownership Breakdown


Management Team

  • Nicholas Taylor (81yo)

    Chairman & CEO

    • Tenure: 36.5yrs
  • Donna Yanko (74yo)

    VP & Secretary

    • Tenure: 27.3yrs
    • Compensation: US$1.20k
  • Tammy McComic (50yo)

    President

    • Tenure: 8.1yrs
    • Compensation: US$322.81k

Board Members

  • Thomas Decker (78yo)

    Independent Director

    • Tenure: 0.08yrs
  • Chris Schroeder (55yo)

    Independent Director

    • Tenure: 4.9yrs
    • Compensation: US$6.00k
  • Nicholas Taylor (81yo)

    Chairman & CEO

    • Tenure: 36.5yrs
  • Tom Craddick (75yo)

    Director

    • Tenure: 21.6yrs
    • Compensation: US$6.00k
  • Paul Hines (81yo)

    Independent Director

    • Tenure: 9.5yrs
    • Compensation: US$6.00k
  • Kenneth Clayton (75yo)

    Independent Director

    • Tenure: 8.1yrs
    • Compensation: US$6.00k
  • Michael Banschbach (61yo)

    Independent Director

    • Tenure: 5.3yrs
    • Compensation: US$6.00k

Company Information

Mexco Energy Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Mexco Energy Corporation
  • Ticker: MZB
  • Exchange: DB
  • Founded: 1972
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: US$8.793m
  • Listing Market Cap: US$7.906m
  • Shares outstanding: 2.04m
  • Website: https://www.mexcoenergy.com

Number of Employees


Location

  • Mexco Energy Corporation
  • 415 West Wall
  • Suite 475
  • Midland
  • Texas
  • 79701
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MXCAMEX (NYSE MKT LLC)YesCommon StockUSUSDMar 1977
MZBDB (Deutsche Boerse AG)YesCommon StockDEEURMar 1977

Biography

Mexco Energy Corporation, an independent oil and gas company, engages in the acquisition, exploration, development, and production of natural gas, crude oil, condensate, and natural gas liquids in the Unit ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/17 20:55
End of Day Share Price2019/10/17 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.