company background image
I3E

i3 Energy AIM:I3E Stock Report

Last Price

UK£0.28

Market Cap

UK£320.5m

7D

0.5%

1Y

238.7%

Updated

18 May, 2022

Data

Company Financials +
I3E fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance2/6
Financial Health4/6
Dividends1/6

I3E Stock Overview

i3 Energy Plc, a holding company, engages in the development and production of oil and gas assets in the United Kingdom and Canada.

i3 Energy Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for i3 Energy
Historical stock prices
Current Share PriceUK£0.28
52 Week HighUK£0.32
52 Week LowUK£0.075
Beta0.99
1 Month Change-1.90%
3 Month Change43.69%
1 Year Change238.69%
3 Year Change-21.52%
5 Year Changen/a
Change since IPO-33.06%

Recent News & Updates

Apr 15
Improved Earnings Required Before i3 Energy Plc (LON:I3E) Stock's 52% Jump Looks Justified

Improved Earnings Required Before i3 Energy Plc (LON:I3E) Stock's 52% Jump Looks Justified

Despite an already strong run, i3 Energy Plc ( LON:I3E ) shares have been powering on, with a gain of 52% in the last...

Shareholder Returns

I3EGB Oil and GasGB Market
7D0.5%1.7%1.1%
1Y238.7%22.1%-2.5%

Return vs Industry: I3E exceeded the UK Oil and Gas industry which returned 18.4% over the past year.

Return vs Market: I3E exceeded the UK Market which returned -2.5% over the past year.

Price Volatility

Is I3E's price volatile compared to industry and market?
I3E volatility
I3E Average Weekly Movement10.6%
Oil and Gas Industry Average Movement10.0%
Market Average Movement6.1%
10% most volatile stocks in GB Market11.7%
10% least volatile stocks in GB Market3.2%

Stable Share Price: I3E is more volatile than 75% of UK stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: I3E's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of UK stocks.

About the Company

FoundedEmployeesCEOWebsite
201447Majid Shafiqhttps://www.i3.energy

i3 Energy Plc, a holding company, engages in the development and production of oil and gas assets in the United Kingdom and Canada. The company owns a 100% interest in the 13/23c and 13/23d blocks of Liberator oil field; and 13/23c-10 well in the Serenity oil field. It also owns working interest in Central Alberta, Wapiti / Elmworth, Simonette, and the Clearwater play properties.

i3 Energy Fundamentals Summary

How do i3 Energy's earnings and revenue compare to its market cap?
I3E fundamental statistics
Market CapUK£320.47m
Earnings (TTM)UK£25.08m
Revenue (TTM)UK£86.76m

12.8x

P/E Ratio

3.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
I3E income statement (TTM)
RevenueUK£86.76m
Cost of RevenueUK£37.95m
Gross ProfitUK£48.82m
Other ExpensesUK£23.74m
EarningsUK£25.08m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.022
Gross Margin56.27%
Net Profit Margin28.91%
Debt/Equity Ratio17.3%

How did I3E perform over the long term?

See historical performance and comparison

Dividends

4.4%

Current Dividend Yield

n/a

Payout Ratio

Does I3E pay a reliable dividends?

See I3E dividend history and benchmarks
When do you need to buy I3E by to receive an upcoming dividend?
i3 Energy dividend dates
Ex Dividend DateMay 19 2022
Dividend Pay DateJun 10 2022
Days until Ex dividend0 days
Days until Dividend pay date22 days

Does I3E pay a reliable dividends?

See I3E dividend history and benchmarks

Valuation

Is i3 Energy undervalued compared to its fair value and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: I3E (£0.28) is trading below our estimate of fair value (£3.19)

Significantly Below Fair Value: I3E is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: I3E is poor value based on its PE Ratio (12.8x) compared to the UK Oil and Gas industry average (10.3x).

PE vs Market: I3E is good value based on its PE Ratio (12.8x) compared to the UK market (15.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate I3E's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: I3E is overvalued based on its PB Ratio (2.3x) compared to the GB Oil and Gas industry average (1.1x).


Future Growth

How is i3 Energy forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


32.5%

Forecasted annual revenue growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if I3E's forecast earnings growth is above the savings rate (0.9%).

Earnings vs Market: Insufficient data to determine if I3E's earnings are forecast to grow faster than the UK market

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

Revenue vs Market: I3E's revenue (32.5% per year) is forecast to grow faster than the UK market (4.1% per year).

High Growth Revenue: I3E's revenue (32.5% 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 I3E's Return on Equity is forecast to be high in 3 years time


Past Performance

How has i3 Energy performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


46.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: I3E has a large one-off gain of £24.6M impacting its December 31 2021 financial results.

Growing Profit Margin: I3E's current net profit margins (28.9%) are lower than last year (90.2%).


Past Earnings Growth Analysis

Earnings Trend: I3E has become profitable over the past 5 years, growing earnings by 46.1% per year.

Accelerating Growth: I3E's earnings growth over the past year (114.1%) exceeds its 5-year average (46.1% per year).

Earnings vs Industry: I3E earnings growth over the past year (114.1%) underperformed the Oil and Gas industry 344.7%.


Return on Equity

High ROE: I3E's Return on Equity (18.2%) is considered low.


Financial Health

How is i3 Energy's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: I3E's short term assets (£42.3M) exceed its short term liabilities (£23.1M).

Long Term Liabilities: I3E's short term assets (£42.3M) do not cover its long term liabilities (£155.1M).


Debt to Equity History and Analysis

Debt Level: I3E's net debt to equity ratio (6.2%) is considered satisfactory.

Reducing Debt: I3E had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: I3E's debt is well covered by operating cash flow (102.4%).

Interest Coverage: I3E's interest payments on its debt are not well covered by EBIT (2x coverage).


Balance Sheet


Dividend

What is i3 Energy current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


4.43%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: I3E's dividend (4.43%) is higher than the bottom 25% of dividend payers in the UK market (1.79%).

High Dividend: I3E's dividend (4.43%) is low compared to the top 25% of dividend payers in the UK market (4.82%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether I3E's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if I3E's dividend payments are increasing as they only just started paying a dividend.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (121.8%), I3E's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Management

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

2.0yrs

Average management tenure


CEO

Majid Shafiq (56 yo)

3.58yrs

Tenure

UK£1,074,000

Compensation

Mr. Majid Shafiq has been Chief Executive Officer at i3 Energy Plc since October 8, 2018. Mr. Majid Shafiq serves Chief Executive Officer of Àrgentil Capital Partners since 2015. Mr. Shafiq has significant...


CEO Compensation Analysis

Compensation vs Market: Majid's total compensation ($USD1.33M) is above average for companies of similar size in the UK market ($USD1.02M).

Compensation vs Earnings: Majid's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: I3E's management team is not considered experienced ( 2 years average tenure), which suggests a new team.


Board Members

Experienced Board: I3E's board of directors are considered experienced (4.8 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 substantially diluted in the past year, with total shares outstanding growing by 55.9%.


Top Shareholders

Company Information

i3 Energy Plc's employee growth, exchange listings and data sources


Key Information

  • Name: i3 Energy Plc
  • Ticker: I3E
  • Exchange: AIM
  • Founded: 2014
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Implied Market Cap: UK£320.468m
  • Shares outstanding: 1.13b
  • Website: https://www.i3.energy

Number of Employees


Location

  • i3 Energy Plc
  • Westpoint House
  • Prospect Road
  • Westhill
  • Aberdeenshire
  • AB32 6FJ
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/18 00:00
End of Day Share Price2022/05/18 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.