DB:PN41

Stock Analysis Report

Executive Summary

Gen III Oil Corporation operates as an oil processing company in Canada.

Snowflake

Fundamentals

Slightly overvalued with concerning outlook.

Risks

  • Gen III Oil has significant price volatility in the past 3 months.
  • Gen III Oil is covered by less than 3 analysts.

Share Price & News

How has Gen III Oil's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

DB:PN41

-1.9%

DE Oil and Gas

-1.5%

DE Market


1 Year Return

-49.1%

DB:PN41

16.1%

DE Oil and Gas

-10.4%

DE Market

PN41 underperformed the Oil and Gas industry which returned 16.1% over the past year.

PN41 underperformed the Market in Germany which returned -10.4% over the past year.


Share holder returns

PN41IndustryMarket
7 Day0%-1.9%-1.5%
30 Day-1.2%-8.1%-4.6%
90 Day-22.3%-7.3%-4.6%
1 Year-49.1%-49.1%19.9%16.1%-7.6%-10.4%
3 Yearn/a23.0%11.4%9.4%0.03%
5 Yearn/a97.9%68.2%25.6%8.1%

Price Volatility Vs. Market

How volatile is Gen III Oil's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Gen III Oil undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Gen III Oil's share price is below the future cash flow value, and at a moderate discount (> 20%).

Gen III Oil's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Gen III Oil is loss making, we can't compare its value to the Europe Oil and Gas industry average.

Gen III Oil is loss making, we can't compare the value of its earnings to the Germany market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Gen III Oil, we can't assess if its growth is good value.


Price Based on Value of Assets

Gen III Oil has negative assets, we can't compare the value of its assets to the DE Oil and Gas industry average.


Next Steps

Future Growth

How is Gen III Oil expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

-5.7%

Forecasted Energy industry annual growth in earnings


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Gen III Oil is high growth as no revenue estimate data is available.

Unable to determine if Gen III Oil is high growth as no earnings estimate data is available.

Unable to compare Gen III Oil's revenue growth to the Germany market average as no estimate data is available.

Unable to compare Gen III Oil's earnings growth to the Germany market average as no estimate data is available.

Unable to compare Gen III Oil's earnings growth to the low risk savings rate as no estimate data is available.


Earnings per Share Growth Estimates


Future Return on Equity

Gen III Oil is expected to make outstanding use of shareholders’ funds in the future (Return on Equity greater than 40%).


Next Steps

Past Performance

How has Gen III Oil performed over the past 5 years?

-2.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Gen III Oil does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Gen III Oil's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Gen III Oil's 1-year growth to the Europe Oil and Gas industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Gen III Oil has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.


Return on Assets

It is difficult to establish if Gen III Oil has efficiently used its assets last year compared to the Europe Oil and Gas industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Gen III Oil improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Gen III Oil's financial position?


Financial Position Analysis

Gen III Oil's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Gen III Oil's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Gen III Oil has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.

Irrelevant to check if Gen III Oil's debt level has increased considering it has negative shareholder equity.


Balance Sheet

High level of physical assets or inventory.

Gen III Oil has negative shareholder equity (liabilities exceed assets) therefore debt is not 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.

Gen III Oil has less than a year of cash runway based on current free cash flow.

Gen III Oil has less than a year of cash runway if free cash flow continues to grow at historical rates of 56.7% each year.


Next Steps

Dividend

What is Gen III Oil's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Gen III Oil's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Gen III Oil's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Gen III Oil has not reported any payouts.

Unable to verify if Gen III Oil's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Gen III Oil has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Gen III Oil's salary, the management and board of directors tenure and is there insider trading?

1.8yrs

Average management tenure


CEO

Greg Clarkes 0

6.9yrs

Tenure

CA$650,992

Compensation

Mr. Gregory M. Clarkes, also known as Greg, has been the Chief Executive Officer of Gen III Oil Corporation since September 11, 2012. Mr. Clarkes serves as a Business Executive. He is a financier with over ...


CEO Compensation Analysis

Greg's remuneration is lower than average for companies of similar size in Germany.

Greg's compensation has increased whilst company is loss making.


Management Age and Tenure

1.8yrs

Average Tenure

The average tenure for the Gen III Oil management team is less than 2 years, this suggests a new team.


Board Age and Tenure

8.0yrs

Average Tenure

The tenure for the Gen III Oil board of directors is about average.


Insider Trading

More shares have been bought than sold by Gen III Oil individual insiders in the past 3 months, but not in substantial volumes.


Recent Insider Transactions

BuyCA$20,24816 Aug 19
John Detmold
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares110,000
Max PriceCA$0.19
BuyCA$2,38801 Feb 19
George Davidson
EntityIndividual
Shares18,000
Max PriceCA$0.13
SellCA$34,57814 Jan 19
George Davidson
EntityIndividual
Shares177,246
Max PriceCA$0.20
SellCA$19,52610 Jan 19
George Davidson
EntityIndividual
Shares90,000
Max PriceCA$0.22
BuyCA$41,85503 Jan 19
Gregory Clarkes
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares194,500
Max PriceCA$0.26
BuyCA$30,27502 Jan 19
Gregory Clarkes
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares112,000
Max PriceCA$0.27
BuyCA$211,06702 Jan 19
Gregory Clarkes
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares791,500
Max PriceCA$0.27
BuyCA$53,33302 Jan 19
Paul DiPasquale
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares200,000
Max PriceCA$0.27
BuyCA$20,00019 Nov 18
Bryan Nethery
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares75,000
Max PriceCA$0.27
BuyCA$66,66718 Nov 18
John Detmold
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares250,000
Max PriceCA$0.27
BuyCA$24419 Oct 18
George Davidson
EntityIndividual
Shares1,000
Max PriceCA$0.24

Ownership Breakdown


Management Team

  • Greg Clarkes

    Chairman & CEO

    • Tenure: 6.9yrs
    • Compensation: CA$650.99k
  • Rick Low

    Chief Financial Officer

    • Tenure: 6.9yrs
    • Compensation: CA$62.41k
  • Christina Boddy (40yo)

    Corporate Secretary

    • Tenure: 0.0yrs
  • Grant Brown

    Executive Vice President

    • Tenure: 1.8yrs
  • Gordon Driedger

    President & COO

    • Tenure: 1.4yrs
  • Mark Redcliffe

    Executive Vice President of Corporate Finance

    • Tenure: 1.3yrs

Board Members

  • John Detmold

    Independent Director

    • Tenure: 7.9yrs
    • Compensation: CA$60.12k
  • Greg Clarkes

    Chairman & CEO

    • Tenure: 6.9yrs
    • Compensation: CA$650.99k
  • Paul DiPasquale

    Independent Director

    • Tenure: 8.2yrs
    • Compensation: CA$60.12k
  • Bryan Nethery

    Independent Director

    • Tenure: 7.0yrs
    • Compensation: CA$60.12k
  • Larry Van Hatten (68yo)

    Director

    • Tenure: 8.2yrs
    • Compensation: CA$201.23k

Company Information

Gen III Oil Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Gen III Oil Corporation
  • Ticker: PN41
  • Exchange: DB
  • Founded:
  • Industry: Oil and Gas Refining and Marketing
  • Sector: Energy
  • Market Cap: CA$20.345m
  • Listing Market Cap: CA$13.796m
  • Shares outstanding: 71.38m
  • Website: https://www.geniiioil.com

Location

  • Gen III Oil Corporation
  • 400 Burrard Street
  • Suite 1750
  • Vancouver
  • British Columbia
  • V6C 3A6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GIIITSXV (TSX Venture Exchange)YesCommon SharesCACADJun 2011
ISRJ.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJun 2011
PN41DB (Deutsche Boerse AG)YesCommon SharesDEEURJun 2011

Biography

Gen III Oil Corporation operates as an oil processing company in Canada. The company, through its ReGen technology, produces base lubricating oil from re-processed used motor oil. The company was formerly  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/18 22:02
End of Day Share Price2019/08/16 00:00
Earnings2019/03/31
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.