Deltic Energy Plc

AIM:DELT Stock Report

Market Cap: UK£5.5m

Deltic Energy Valuation

Is DELT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of DELT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate DELT's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate DELT's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for DELT?

Key metric: As DELT is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for DELT. This is calculated by dividing DELT's market cap by their current book value.
What is DELT's PB Ratio?
PB Ratio2.1x
BookUK£2.73m
Market CapUK£5.54m

Price to Book Ratio vs Peers

How does DELT's PB Ratio compare to its peers?

The above table shows the PB ratio for DELT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average1.3x
EOG Europa Oil & Gas (Holdings)
2.3xn/aUK£8.6m
FNK Fenikso
0.4xn/aUK£6.8m
MSMN Mosman Oil and Gas
2.1xn/aUK£7.4m
TRP Tower Resources
0.2xn/aUK£6.5m
DELT Deltic Energy
2.1x93.1%UK£5.8m

Price-To-Book vs Peers: DELT is expensive based on its Price-To-Book Ratio (2.1x) compared to the peer average (1.3x).

Price to Book Ratio vs Industry

How does DELT's PB Ratio compare vs other companies in the GB Oil and Gas Industry?

12 CompaniesPrice / BookEstimated GrowthMarket Cap
INDI Indus Gas
0.05xn/aUS$17.76m
BOR Borders & Southern Petroleum
0.06xn/aUS$16.78m
CEG Challenger Energy Group
0.1xn/aUS$14.31m
RBD Reabold Resources
0.1xn/aUS$6.79m
DELT 2.1xIndustry Avg. 0.8xNo. of Companies12PB00.61.21.82.43+
12 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: DELT is expensive based on its Price-To-Book Ratio (2.1x) compared to the UK Oil and Gas industry average (0.8x).

Price to Book Ratio vs Fair Ratio

What is DELT's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DELT PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio2.1x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate DELT's Price-To-Book Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst DELT forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUK£0.063
UK£0.27
+324.0%
43.4%UK£0.38UK£0.15n/a2
Nov ’25UK£0.058
UK£0.50
+769.6%
40.0%UK£0.70UK£0.30n/a2
Oct ’25UK£0.048
UK£0.78
+1,531.6%
9.7%UK£0.85UK£0.70n/a2
Sep ’25UK£0.10
UK£0.82
+685.7%
15.2%UK£0.95UK£0.70n/a2
Aug ’25UK£0.11
UK£0.82
+650.0%
15.2%UK£0.95UK£0.70n/a2
Jul ’25UK£0.072
UK£0.85
+1,072.4%
17.6%UK£1.00UK£0.70n/a2
Jun ’25UK£0.12
UK£1.18
+900.0%
6.4%UK£1.25UK£1.10n/a2
May ’25UK£0.18
UK£1.18
+549.2%
6.4%UK£1.25UK£1.10n/a2
Apr ’25UK£0.33
UK£1.43
+328.6%
12.3%UK£1.60UK£1.25n/a2
Mar ’25UK£0.34
UK£1.43
+319.1%
12.3%UK£1.60UK£1.25n/a2
Feb ’25UK£0.26
UK£2.13
+717.3%
12.9%UK£2.40UK£1.85n/a2
Jul ’24UK£0.23
UK£2.20
+856.5%
9.1%UK£2.40UK£2.00UK£0.0722
Jun ’24UK£0.26
UK£2.20
+762.7%
9.1%UK£2.40UK£2.00UK£0.122
May ’24UK£0.35
UK£2.30
+549.7%
4.3%UK£2.40UK£2.20UK£0.182
Apr ’24UK£0.33
UK£2.30
+597.0%
4.3%UK£2.40UK£2.20UK£0.332
Mar ’24UK£0.44
UK£2.30
+422.7%
4.3%UK£2.40UK£2.20UK£0.342
Feb ’24UK£0.60
UK£2.20
+266.7%
9.1%UK£2.40UK£2.00UK£0.262
Jan ’24UK£0.51
UK£2.20
+331.4%
9.1%UK£2.40UK£2.00UK£0.232
Dec ’23UK£0.61
UK£2.20
+260.7%
9.1%UK£2.40UK£2.00UK£0.232

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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