ENXTPA:EC

Stock Analysis Report

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Executive Summary

Total Gabon engages in the mining, exploration, and production of crude oil in Gabon.


Snowflake Analysis

Undervalued with excellent balance sheet.

Share Price & News

How has Total Gabon's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: EC has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.5%

EC

-3.6%

FR Oil and Gas

-0.4%

FR Market


1 Year Return

-23.5%

EC

-32.8%

FR Oil and Gas

-8.9%

FR Market

Return vs Industry: EC exceeded the French Oil and Gas industry which returned -32.8% over the past year.

Return vs Market: EC underperformed the French Market which returned -8.9% over the past year.


Shareholder returns

ECIndustryMarket
7 Day0.5%-3.6%-0.4%
30 Day-1.9%-3.8%3.6%
90 Day7.4%-0.8%11.5%
1 Year-16.8%-23.5%-28.2%-32.8%-7.1%-8.9%
3 Year-8.8%-24.1%-8.0%-22.2%9.1%0.07%
5 Year-47.7%-58.9%-3.8%-27.1%23.1%6.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Total Gabon undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: EC (€104) is trading below our estimate of fair value (€1516.13)

Significantly Below Fair Value: EC is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: EC is good value based on its PE Ratio (10.5x) compared to the FR Oil and Gas industry average (10.8x).

PE vs Market: EC is good value based on its PE Ratio (10.5x) compared to the French market (14.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: EC is good value based on its PB Ratio (0.3x) compared to the FR Oil and Gas industry average (0.6x).


Next Steps

Future Growth

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

32.3%

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 Total Gabon 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 Total Gabon performed over the past 5 years?

54.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EC has high quality earnings.

Growing Profit Margin: EC's current net profit margins (6.2%) are lower than last year (28.5%).


Past Earnings Growth Analysis

Earnings Trend: EC's earnings have grown significantly by 54.7% per year over the past 5 years.

Accelerating Growth: EC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: EC had negative earnings growth (-80.5%) over the past year, making it difficult to compare to the Oil and Gas industry average (0.4%).


Return on Equity

High ROE: EC's Return on Equity (2.4%) is considered low.


Next Steps

Financial Health

How is Total Gabon's financial position?


Financial Position Analysis

Short Term Liabilities: EC's short term assets ($1.1B) exceed its short term liabilities ($270.0M).

Long Term Liabilities: EC's short term assets ($1.1B) do not cover its long term liabilities ($2.0B).


Debt to Equity History and Analysis

Debt Level: EC's debt to equity ratio (3.2%) is considered satisfactory.

Reducing Debt: EC's debt to equity ratio has reduced from 21.1% to 3.2% over the past 5 years.

Debt Coverage: EC's debt is well covered by operating cash flow (714.7%).

Interest Coverage: EC's interest payments on its debt are well covered by EBIT (41.4x coverage).


Balance Sheet


Next Steps

Dividend

What is Total Gabon current dividend yield, its reliability and sustainability?

9.35%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: EC's dividend (9.35%) is higher than the bottom 25% of dividend payers in the French market (1.72%).

High Dividend: EC's dividend (9.35%) is in the top 25% of dividend payers in the French market (4.89%)


Stability and Growth of Payments

Stable Dividend: EC's dividend payments have been volatile in the past 10 years.

Growing Dividend: EC's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (98.3%), EC's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.3yrs

Average board tenure


CEO

Stéphane Bassene (42yo)

1.5yrs

Tenure

Mr. Stéphane Bassene serves as Director at Total Gabon since August 29, 2019 and also serves as it Managing Director since 2019. 


Board Members

NamePositionTenureCompensationOwnership
Stéphane Bassene
MD & Director1.5yrsno datano data
Olivier Jocktane
Deputy CEO & Director2.67yrsno datano data
Yann Duchesne
Director1.25yrsno datano data
Aristide Obiang-Mebale
Director of Business Development & Director0.92yrno datano data
Emmanuel Chapon
Director3.25yrsno datano data
Etienne Mboumba
Director2.67yrsno datano data
Patrichi Tanasa
Director2.25yrsno datano data
Dimitri Lobadowski
Director1.25yrsno datano data
Nicolas Terraz
President of the Board0.92yrno datano data

1.3yrs

Average Tenure

50yo

Average Age

Experienced Board: EC's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Total Gabon's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Total Gabon
  • Ticker: EC
  • Exchange: ENXTPA
  • Founded: 1949
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: €468.000m
  • Shares outstanding: 4.50m
  • Website: https://www.total.ga

Number of Employees


Location

  • Total Gabon
  • Boulevard Hourcq
  • BP 525
  • Port-Gentil
  • Gabon

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RZWDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992
ECENXTPA (Euronext Paris)YesOrdinary SharesFREURJan 1992
0IUVLSE (London Stock Exchange)YesOrdinary SharesGBEURJan 1992
ECPBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURJan 1992

Biography

Total Gabon engages in the mining, exploration, and production of crude oil in Gabon. As of December 31, 2018, the company held mining exploration area that covers approximately 9,076 square kilometers. It also holds interests in operated and non-operated production fields. The company was founded in 1949 and is headquartered in Port-Gentil, Gabon. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/11 20:56
End of Day Share Price2020/07/10 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.