AIM:EDR

Stock Analysis Report

Executive Summary

Egdon Resources plc, together with its subsidiaries, engages in the exploration and production of hydrocarbons in the United Kingdom and France.


Snowflake Analysis

Adequate balance sheet with limited growth.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: EDR's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-2.5%

EDR

15.3%

GB Oil and Gas

6.0%

GB Market


1 Year Return

-69.3%

EDR

-42.8%

GB Oil and Gas

-22.7%

GB Market

Return vs Industry: EDR underperformed the UK Oil and Gas industry which returned -42.8% over the past year.

Return vs Market: EDR underperformed the UK Market which returned -22.7% over the past year.


Shareholder returns

EDRIndustryMarket
7 Day-2.5%15.3%6.0%
30 Day-48.0%-30.9%-20.3%
90 Day-40.0%-42.4%-28.1%
1 Year-69.3%-69.3%-39.9%-42.8%-18.6%-22.7%
3 Year-79.2%-79.2%-21.8%-31.7%-13.4%-24.6%
5 Year-73.6%-73.6%-4.1%-24.0%1.3%-22.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

0.19x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

PE vs Market: EDR 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 EDR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: EDR is good value based on its PB Ratio (0.2x) compared to the GB Oil and Gas industry average (0.4x).


Next Steps

Future Growth

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

40.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: EDR's revenue (21% per year) is forecast to grow faster than the UK market (2.6% per year).

High Growth Revenue: EDR's revenue (21% per year) 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 EDR's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Egdon Resources performed over the past 5 years?

12.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EDR is currently unprofitable.

Growing Profit Margin: EDR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: EDR is unprofitable, but has reduced losses over the past 5 years at a rate of 12.4% per year.

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

Earnings vs Industry: EDR is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (38.2%).


Return on Equity

High ROE: EDR has a negative Return on Equity (-5.54%), as it is currently unprofitable.


Next Steps

Financial Health

How is Egdon Resources's financial position?


Financial Position Analysis

Short Term Liabilities: EDR's short term assets (£3.3M) exceed its short term liabilities (£1.4M).

Long Term Liabilities: EDR's short term assets (£3.3M) exceed its long term liabilities (£2.4M).


Debt to Equity History and Analysis

Debt Level: EDR is debt free.

Reducing Debt: EDR had no debt 5 years ago.


Balance Sheet

Inventory Level: EDR has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if EDR'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: EDR has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: EDR has less than a year of cash runway if free cash flow continues to reduce at historical rates of -5.5% each year


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

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


Next Steps

Management

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

17.0yrs

Average board tenure


CEO

Mark Anthony Abbott (58yo)

no data

Tenure

UK£205,986

Compensation

Mr. Mark Anthony William Abbott, BSc., FGS Co-founded Egdon Resources Plc and serves as its Managing Director. Mr. Abbott is a geophysicist with over 19 years world-wide experience. He worked for the Briti ...


CEO Compensation Analysis

Compensation vs Market: Mark Anthony's total compensation ($USD255.68K) is about average for companies of similar size in the UK market ($USD332.86K).

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


Board Members

NamePositionTenureCompensationOwnership
Mark Anthony Abbott
MD & Executive Directorno dataUK£205.99k3.1% £183.2k
Martin Durham
Technical Director & Executive Director1.17yrsUK£161.39kno data
Walter Roberts
Company Secretary & Non-Executive Director18.67yrsUK£32.82k0.32% £19.0k
Philip Henry Stephens
Non-Executive Chairman 15.42yrsUK£45.00k0.043% £2.6k
Kenneth Ratcliff
Non-Executive Director 18.67yrsUK£30.00k0.065% £3.9k
Timothy Davies
Non-Executive Director0.92yrUK£5.00kno data

17.0yrs

Average Tenure

65yo

Average Age

Experienced Board: EDR's board of directors are seasoned and experienced ( 17 years average tenure).


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 been diluted in the past year, with total shares outstanding growing by 2.6%.


Top Shareholders

Company Information

Egdon Resources plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Egdon Resources plc
  • Ticker: EDR
  • Exchange: AIM
  • Founded: 1997
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: UK£5.915m
  • Shares outstanding: 303.32m
  • Website: https://www.egdon-resources.com

Number of Employees


Location

  • Egdon Resources plc
  • The Wheat House
  • 98 High Street
  • Odiham
  • Hampshire
  • RG29 1LP
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EDRAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPJul 2000
4EDDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJul 2000

Biography

Egdon Resources plc, together with its subsidiaries, engages in the exploration and production of hydrocarbons in the United Kingdom and France. It holds 44 licenses in the proven oil and gas producing basins. The company was formerly known as New Egdon plc and changed its name to Egdon Resources plc in January 2008. Egdon Resources plc was founded in 1997 and is headquartered in Odiham, the United Kingdom. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/29 21:46
End of Day Share Price2020/03/27 00:00
Earnings2019/07/31
Annual Earnings2019/07/31


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.