AIM:ARG

Stock Analysis Report

Executive Summary

Argos Resources Ltd, together with its subsidiary, explores for oil and gas in the Falkland Islands.

Snowflake

Fundamentals

Flawless balance sheet with acceptable track record.

Share Price & News

How has Argos Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

ARG

1.0%

GB Oil and Gas

2.0%

GB Market


1 Year Return

-41.3%

ARG

-5.4%

GB Oil and Gas

3.3%

GB Market

Return vs Industry: ARG underperformed the UK Oil and Gas industry which returned -5.4% over the past year.

Return vs Market: ARG underperformed the UK Market which returned 3.3% over the past year.


Share holder returns

ARGIndustryMarket
7 Day0%1.0%2.0%
30 Day-14.5%0.5%-1.0%
90 Day-19.0%-5.2%-1.7%
1 Year-41.3%-41.3%-0.6%-5.4%8.3%3.3%
3 Year-46.3%-46.3%31.9%14.7%19.0%4.5%
5 Year-75.3%-75.3%32.1%7.7%38.4%8.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Argos Resources undervalued based on future cash flows and its price relative to the stock market?

34.1x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Undervalued: Insufficient data to calculate ARG's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate ARG's fair value to establish if it is undervalued.


Price Based on Earnings

PE vs Industry: ARG is poor value based on its PE Ratio (34.1x) compared to the Oil and Gas industry average (6.6x).

PE vs Market: ARG is poor value based on its PE Ratio (34.1x) compared to the UK market (16.4x).


Price Based on Expected Growth

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


Price Based on Value of Assets

PB vs Industry: ARG is good value based on its PB Ratio (0.2x) compared to the GB Oil and Gas industry average (0.7x).


Next Steps

Future Growth

How is Argos Resources expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

40.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Earnings vs Savings Rate: ARG's forecast earnings growth (40.9% per year) is above the savings rate (1.2%).

Earnings vs Market: ARG's earnings (40.9% per year) are forecast to grow faster than the UK market (12.3% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if ARG's revenue is forecast to grow faster than the UK market.

High Growth Revenue: Insufficient data to determine if ARG's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Estimates


Future Return on Equity

High Future ROE: Insufficient data to determine if ARG's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Argos Resources performed over the past 5 years?

71.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: ARG has become profitable over the past 5 years, growing earnings by 71.1% per year.

Accelerating Growth: ARG's earnings growth over the past year (160.8%) exceeds its 5-year average (71.1% per year).

Earnings vs Industry: ARG earnings growth over the past year (160.8%) exceeded the Oil and Gas industry 29.4%.


Return on Equity

High ROE: ARG's Return on Equity (0.7%) is considered low.


Return on Assets

ROA vs Industry: ARG's Return on Assets is below or equal to the Oil and Gas industry average last year.


Return on Capital Employed

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


Next Steps

Financial Health

How is Argos Resources's financial position?


Financial Position Analysis

Short Term Liabilities: ARG's short term assets ($979.0K) exceeds its short term liabilities ($39.0K)

Long Term Liabilities: ARG has no long term liabilities


Debt to Equity History and Analysis

Debt Level: ARG is debt free.

Reducing Debt: ARG has not had any debt for past 5 years.

Debt Coverage: ARG has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: ARG has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: ARG has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if ARG's debt is covered by short term assets.


Next Steps

Dividend

What is Argos Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.4%industryaverage4.2%forecastin3Yearsn/a

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

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

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

Growing Dividend: Insufficient data to determine if ARG'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 ARG's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

What is the CEO of Argos Resources's salary, the management and board of directors tenure and is there insider trading?

14.8yrs

Average board tenure


CEO

Argos Resources has no CEO, or we have no data on them.


Board Age and Tenure

14.8yrs

Average Tenure

62.5yo

Average Age

Experienced Board: ARG's board of directors are seasoned and experienced ( 14.8 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.


Ownership Breakdown


Management Team

  • John Hogan (66yo)

    MD & Executive Director

    • Tenure: 14.8yrs
    • Compensation: US$50.00k
  • Ian Thomson (80yo)

    Founder & Executive Chairman

    • Tenure: 0yrs
  • Kevin Kilmartin

    Company Secretary

    • Tenure: 0yrs
  • Drew McKenzie Irvine (58yo)

    Finance Director & Executive Director

    • Tenure: 14.8yrs
    • Compensation: US$21.00k
  • Richard Baker (73yo)

    Head of Exploration and Senior Consultant

    • Tenure: 0yrs

Board Members

  • Dennis Carlton (68yo)

    Senior Non-Executive Director

    • Tenure: 14.8yrs
    • Compensation: US$10.00k
  • John Hogan (66yo)

    MD & Executive Director

    • Tenure: 14.8yrs
    • Compensation: US$50.00k
  • Ian Thomson (80yo)

    Founder & Executive Chairman

    • Tenure: 0yrs
  • Drew McKenzie Irvine (58yo)

    Finance Director & Executive Director

    • Tenure: 14.8yrs
    • Compensation: US$21.00k
  • James Ragg (53yo)

    Non-Executive Director

    • Tenure: 11.8yrs
    • Compensation: US$10.00k
  • Chris MacDonald Fleming (59yo)

    Non-Executive Director

    • Tenure: 11.8yrs
    • Compensation: US$10.00k

Company Information

Argos Resources Ltd's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Argos Resources Ltd
  • Ticker: ARG
  • Exchange: AIM
  • Founded: 1995
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: UK£5.187m
  • Shares outstanding: 220.71m
  • Website: https://www.argosresources.com

Number of Employees


Location

  • Argos Resources Ltd
  • Argos House
  • H Jones Road
  • Stanley
  • FIQQ 1ZZ
  • Falkland Islands

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ARGAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPJul 2010

Biography

Argos Resources Ltd, together with its subsidiary, explores for oil and gas in the Falkland Islands. The company holds a royalty interest in the production license PL001 covering an area of approximately 1 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/13 22:34
End of Day Share Price2019/10/11 00:00
Earnings2019/06/30
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.

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