AIM:CLNR

Stock Analysis Report

Cluff Natural Resources

Executive Summary

Cluff Natural Resources Plc, a natural resources company, focuses on developing oil and gas licenses.

Snowflake

Fundamentals

Adequate balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-1.8%

CLNR

-1.6%

GB Oil and Gas

-0.06%

GB Market


1 Year Return

-17.9%

CLNR

2.6%

GB Oil and Gas

4.6%

GB Market

Return vs Industry: CLNR underperformed the UK Oil and Gas industry which returned 2.6% over the past year.

Return vs Market: CLNR underperformed the UK Market which returned 4.6% over the past year.


Shareholder returns

CLNRIndustryMarket
7 Day-1.8%-1.6%-0.06%
30 Day-9.8%2.9%1.8%
90 Day-5.2%5.6%4.5%
1 Year-17.9%-17.9%7.7%2.6%10.1%4.6%
3 Year-50.0%-50.0%40.9%22.8%22.4%6.9%
5 Year-71.1%-71.1%32.2%7.6%33.3%3.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Cluff Natural Resources undervalued compared to its fair value and its price relative to the market?

5.16x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate CLNR's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate CLNR's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: CLNR is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.

PE vs Market: CLNR is unprofitable, so we can't compare its PE Ratio to the UK market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CLNR is overvalued based on its PB Ratio (5.2x) compared to the GB Oil and Gas industry average (0.8x).


Next Steps

Future Growth

How is Cluff Natural Resources forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

6.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CLNR is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: CLNR is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: CLNR is forecast to remain unprofitable over the next 3 years.

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

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


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has Cluff Natural Resources performed over the past 5 years?

-1.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CLNR has large one-off items impacting its financial results.

Growing Profit Margin: CLNR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CLNR is unprofitable, and losses have increased over the past 5 years at a rate of -1.2% per year.

Accelerating Growth: Unable to compare CLNR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CLNR is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (24.7%).


Return on Equity

High ROE: CLNR has a negative Return on Equity (-165.76%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Cluff Natural Resources's financial position?


Financial Position Analysis

Short Term Liabilities: CLNR's short term assets (£771.4K) exceeds its short term liabilities (£254.8K)

Long Term Liabilities: CLNR's short term assets (£771.4K) exceeds its long term liabilities (280.8K)


Debt to Equity History and Analysis

Debt Level: CLNR is debt free.

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


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if CLNR's debt is 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.

Stable Cash Runway: CLNR has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: CLNR has less than a year of cash runway if free cash flow continues to reduce at historical rates of -11% each year


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.3%industryaverage5.3%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CLNR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CLNR'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 CLNR'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 Cluff Natural Resources's salary, the management and board of directors tenure and is there insider trading?

5.5yrs

Average board tenure


CEO

Graham Swindells 0

1.7yrs

Tenure

UK£209,512

Compensation

Mr. Graham C. Swindells is CEO of Cluff Natural Resources Plc since February 58, 2018 and its Executive Director since October 28, 2013. Mr. Swindells was Finance Director and Secretary of Cluff Natural Re ...


CEO Compensation Analysis

Compensation vs Market: Graham's total compensation ($USD271.72K) is about average for companies of similar size in the UK market ($USD322.15K).

Compensation vs Earnings: Graham's compensation has increased whilst the company is unprofitable.


Board Age and Tenure

5.5yrs

Average Tenure

58yo

Average Age

Experienced Board: CLNR's board of directors are considered experienced (5.5 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

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 40.5%.


Management Team

  • Algy Cluff (79yo)

    • Tenure: 0yrs
    • Compensation: UK£162.88k
  • Graham Swindells

    CEO, Secretary & Executive Director

    • Tenure: 1.7yrs
    • Compensation: UK£209.51k
  • Andrew Nunn (45yo)

    COO & Executive Director

    • Tenure: 4.9yrs
    • Compensation: UK£196.63k

Board Members

  • Peter Cowley (71yo)

    Non-Executive Director

    • Tenure: 7.6yrs
    • Compensation: UK£20.00k
  • Graham Swindells

    CEO, Secretary & Executive Director

    • Tenure: 1.7yrs
    • Compensation: UK£209.51k
  • Mark Lappin (58yo)

    Chairman

    • Tenure: 0.5yrs
    • Compensation: UK£20.00k
  • Andrew Nunn (45yo)

    COO & Executive Director

    • Tenure: 4.9yrs
    • Compensation: UK£196.63k

Company Information

Cluff Natural Resources Plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Cluff Natural Resources Plc
  • Ticker: CLNR
  • Exchange: AIM
  • Founded: 2012
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: UK£19.245m
  • Shares outstanding: 1.41b
  • Website: https://www.cluffnaturalresources.com

Number of Employees


Location

  • Cluff Natural Resources Plc
  • 5-8 The Sanctuary
  • Third Floor
  • London
  • Greater London
  • SW1P 3JS
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CLNRAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPMay 2012
7RCDB (Deutsche Boerse AG)YesOrdinary SharesDEEURMay 2012

Biography

Cluff Natural Resources Plc, a natural resources company, focuses on developing oil and gas licenses. It holds a 100% interest in two gas licenses covering an area of 598 square kilometers in the Southern  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/18 21:34
End of Day Share Price2019/11/18 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.