Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
In this section, we usually try to help investors determine whether Sun Resources is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Sun Resources has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.
Show me the analysis anyway
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Sun Resources. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Sun Resources's earnings available for a low price, and how does
this compare to other companies in the same industry?
Sun Resources has negative assets, we can't compare the value of its assets to the DE Oil and Gas industry average.
Take a look at our analysis of RSX’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Sun Resources's regulatory filings and announcements.
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 Sun Resources 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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Sun Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Sun Resources's earnings growth to the Germany market average as no estimate data is available.
Unable to compare Sun Resources's revenue growth to the Germany market average as no estimate data is available.
Unable to determine if Sun Resources is high growth as no earnings estimate data is available.
Unable to determine if Sun Resources is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Sun Resources's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Oil and Gas
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Alexander Bevan Parks, also known as Alex, GAICD, MEng has been Chief Executive Officer and Managing Director of Sun Resources NL since December 01, 2017. Mr. Parks had been Commercial Manager of Whitebark Energy Ltd since February 04, 2016 until October 2018. Mr. Parks was the Chief Executive Officer of Tamaska Oil and Gas Limited since February 21, 2013 until December 12, 2018 and its Managing Director since February 2014 until December 12, 2018. He is an Executive with over 18 years experience in the oil industry. Mr. Parks has managed companies and company projects in Australia, SE Asia, New Zealand, Europe, FSU and North Africa. He served as Chief Executive Officer of Mosaic Oil NL. He served as the Chief Commercial Officer of Cue Energy Resources Limited from March 21, 2011 to August 30, 2012. He joined Cue Energy in March 2011 and is responsible for business development matters. He served as Chief Executive Officer of AGL Upstream Gas (MOS) Pty Ltd., since August 18, 2009. Mr. Parks served as the Chief Executive Officer of Otto Energy Limited from November 9, 2006 to July 1, 2009. He held senior management positions for the last five years in Perth, including Managing Director of Troy-Ikoda Australasia and Technical Director of Geoscience and Engineering of RPS Energy (Australia/SE Asia) and had a 10-year career with it. He involved a wide variety of specific roles from strategic planning for small to mid-cap exploration and production companies, management of asset rationalisation via acquisitions and disposals, oil and gas field development planning and execution and leading multidisciplinary technical teams and drilling rig operations. He has been an Executive Director at Sun Resources NL since December 01, 2017. He served as a Non-Executive Director of Sun Resources NL from July 01, 2017 to November 30, 2017 and appointed to the board as Director in February 18, 2016. He has been a Non-Executive Director of Tamaska Oil and Gas Limited since February 17, 2014. He serves as a Director of TMK Montney Ltd. He is a founder or chair of various state Chapters and Boards of the Society of Petroleum Engineers (SPE), is a Member of both the Petroleum Exploration Society of Australia (PESA) and Australian Institute of Company Directors (AICD), and was awarded Young Petroleum Engineer of the Year (SE Asia) by the SPE in 2005. Mr. Parks has a Master of Engineering, Petroleum Engineering degree from the Imperial College London.
Alex's compensation has increased whilst company is loss making.
Alex's remuneration is about average for companies of similar size in Germany.
CEO, MD & Director
Company Secretary & CFO
Board of Directors Tenure
Average tenure of the
board of directors in years:
The average tenure for the Sun Resources board of directors is less than 3 years, this suggests a new board.
Sun Resources NL engages in the exploration, development and production of oil and gas projects in Australia and the United States. It holds a 50% interest in Bowsprit oil project comprising 577 net acres located to the southeast of New Orleans. The company is headquartered in West Perth, Australia.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.