PTT Exploration and Production Public Company Limited, together with its subsidiaries, engages in the exploration and production of petroleum in Thailand and internationally.
Very undervalued with excellent balance sheet and pays a dividend.
Share Price & News
How has Exploration and Production's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NVAL's share price has been volatile over the past 3 months.
7 Day Return
DE Oil and Gas
1 Year Return
DE Oil and Gas
Return vs Industry: NVAL underperformed the German Oil and Gas industry which returned 26% over the past year.
Return vs Market: NVAL underperformed the German Market which returned 0.1% over the past year.
Price Volatility Vs. Market
How volatile is Exploration and Production's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Exploration and Production undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NVAL (€2.36) is trading below our estimate of fair value (€3.2)
Significantly Below Fair Value: NVAL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NVAL is good value based on its PE Ratio (7.6x) compared to the Oil and Gas industry average (7.9x).
PE vs Market: NVAL is good value based on its PE Ratio (7.6x) compared to the German market (19.3x).
Price to Earnings Growth Ratio
PEG Ratio: NVAL is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: NVAL is good value based on its PB Ratio (0.9x) compared to the DE Oil and Gas industry average (1.1x).
How is Exploration and Production forecast to perform in the next 1 to 3 years based on estimates from 22 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NVAL's forecast earnings growth (10.2% per year) is above the savings rate (0.2%).
Earnings vs Market: NVAL's earnings (10.2% per year) are forecast to grow slower than the German market (21.7% per year).
High Growth Earnings: NVAL's earnings are forecast to grow, but not significantly.
Revenue vs Market: NVAL's revenue (8.3% per year) is forecast to grow faster than the German market (5.8% per year).
High Growth Revenue: NVAL's revenue (8.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NVAL's Return on Equity is forecast to be low in 3 years time (6.6%).
How has Exploration and Production performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NVAL has high quality earnings.
Growing Profit Margin: NVAL's current net profit margins (22%) are higher than last year (19.2%).
Past Earnings Growth Analysis
Earnings Trend: NVAL's earnings have grown significantly by 54.7% per year over the past 5 years.
Accelerating Growth: NVAL's earnings growth over the past year (31.6%) is below its 5-year average (54.7% per year).
Earnings vs Industry: NVAL earnings growth over the past year (31.6%) exceeded the Oil and Gas industry -8.4%.
Return on Equity
High ROE: NVAL's Return on Equity (12.5%) is considered low.
How is Exploration and Production's financial position?
Financial Position Analysis
Short Term Liabilities: NVAL's short term assets ($5.0B) exceed its short term liabilities ($2.7B).
Long Term Liabilities: NVAL's short term assets ($5.0B) do not cover its long term liabilities ($8.1B).
Debt to Equity History and Analysis
Debt Level: NVAL's debt to equity ratio (24.7%) is considered satisfactory.
Reducing Debt: NVAL's debt to equity ratio has reduced from 33.8% to 24.7% over the past 5 years.
Debt Coverage: NVAL's debt is well covered by operating cash flow (125.2%).
Interest Coverage: NVAL's interest payments on its debt are well covered by EBIT (12.9x coverage).
What is Exploration and Production's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NVAL's dividend (6.88%) is higher than the bottom 25% of dividend payers in the German market (1.28%).
High Dividend: NVAL's dividend (6.88%) is in the top 25% of dividend payers in the German market (3.94%)
Stability and Growth of Payments
Stable Dividend: NVAL's dividend payments have been volatile in the past 10 years.
Growing Dividend: NVAL's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (57.7%), NVAL's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NVAL's dividends in 3 years are forecast to be covered by earnings (56% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Phongsthorn Thavisin (60yo)
Mr. Phongsthorn Thavisin serves as Director and Chief Executive Officer at PTT Exploration and Production Public Company Limited since October 1, 2018 and its President since January 1, 2019. He served as ...
|CEO, President & Director||1.67yrs||US$5.41m||no data|
|Executive Vice President of Finance & Accounting Group||1.42yrs||no data||no data|
|Vice President of Governance Compliance & Internal Control Department||1.67yrs||no data||no data|
|Executive Vice President of Human Resources||0.42yr||no data||no data|
|Executive Vice President||9.33yrs||no data||no data|
|Executive Vice President of Geosciences & Exploration Group||10.17yrs||no data||no data|
|Senior Vice President of International Asset||10.17yrs||no data||no data|
|Senior Vice President of Finance Division||2.42yrs||no data||no data|
|Senior Vice President of Operations Support Group||8.67yrs||no data||no data|
|Executive Vice President of Production Asset Group||5.42yrs||no data||no data|
Experienced Management: NVAL's management team is considered experienced (3.9 years average tenure).
|CEO, President & Director||1.67yrs||US$5.41m||no data|
|Independent Chairman||5.75yrs||US$6.77m||no data|
|Independent Director||7.42yrs||US$6.48m||no data|
|Independent Director||5.75yrs||US$7.10m||no data|
|Independent Director||2.33yrs||US$6.00m||no data|
|Independent Director||5.75yrs||US$5.88m||no data|
|Independent Director||5.75yrs||US$5.96m||no data|
|Independent Director||2.83yrs||US$5.76m||no data|
Experienced Board: NVAL's board of directors are considered experienced (5.2 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
PTT Exploration and Production Public Company Limited's company bio, employee growth, exchange listings and data sources
- Name: PTT Exploration and Production Public Company Limited
- Ticker: NVAL
- Exchange: DB
- Founded: 1985
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: ฿344.396b
- Listing Market Cap: ฿9.778b
- Shares outstanding: 3.97b
- Website: https://www.pttep.com
Number of Employees
- PTT Exploration and Production Public Company Limited
- 555/1 Energy Complex Building A
- 6th and 19th–36th Floors
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PTTEP||SET (The Stock Exchange of Thailand)||Yes||Ordinary Shares||TH||THB||Jun 1993|
|PTTEP-F||THAMSE (Bangkok-Alien Market Stock Exchange)||THB1(ALIEN MKT)||TH||THB||Mar 1994|
|PTTG||DB (Deutsche Boerse AG)||THB1(ALIEN MKT)||DE||EUR||Mar 1994|
|PEXN.Y||OTCPK (Pink Sheets LLC)||SPONSORED ADR||US||USD||Mar 2001|
|PTTEP-R||SET (The Stock Exchange of Thailand)||THB1(NVDR)||TH||THB||Aug 2001|
|NVAL||DB (Deutsche Boerse AG)||THB1(NVDR)||DE||EUR||Aug 2001|
|PTXL.F||OTCPK (Pink Sheets LLC)||SHS FOREIGN RE||US||USD||Jul 2003|
PTT Exploration and Production Public Company Limited, together with its subsidiaries, engages in the exploration and production of petroleum in Thailand and internationally. It is also involved in gas pipeline transportation business; investment funding; the provision of petroleum technology; and the provision of petroleum products, such as natural gas, crude oil, condensate, naphtha and liquefied petroleum gas. The company was founded in 1985 and is headquartered in Bangkok, Thailand. PTT Exploration and Production Public Company Limited is a subsidiary of PTT Public Company Limited.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/01 21:50|
|End of Day Share Price||2020/05/29 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.