IGAS Stock Overview
IGas Energy plc operates as an oil and gas development, exploration, and production company in the United Kingdom.
IGas Energy Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£0.76|
|52 Week High||UK£0.90|
|52 Week Low||UK£0.13|
|1 Month Change||118.18%|
|3 Month Change||110.00%|
|1 Year Change||395.74%|
|3 Year Change||43.18%|
|5 Year Change||37.14%|
|Change since IPO||-95.12%|
Recent News & Updates
Is IGas Energy (LON:IGAS) Using Too Much Debt?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
|IGAS||GB Oil and Gas||GB Market|
Return vs Industry: IGAS exceeded the UK Oil and Gas industry which returned -7.2% over the past year.
Return vs Market: IGAS exceeded the UK Market which returned -8.2% over the past year.
|IGAS Average Weekly Movement||12.5%|
|Oil and Gas Industry Average Movement||8.7%|
|Market Average Movement||5.3%|
|10% most volatile stocks in GB Market||10.9%|
|10% least volatile stocks in GB Market||2.7%|
Stable Share Price: IGAS is more volatile than 90% of UK stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: IGAS's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of UK stocks.
About the Company
IGas Energy plc operates as an oil and gas development, exploration, and production company in the United Kingdom. The company holds interests in the 50 licenses at onshore locations in the Weald Basin in the southern England; the Gainsborough Trough in the East Midlands; the Bowland Basin in the North West of England; and the Inner Moray Firth in Scotland. It also generates electricity.
IGas Energy Fundamentals Summary
|IGAS fundamental statistics|
Is IGAS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|IGAS income statement (TTM)|
|Cost of Revenue||UK£19.11m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Sep 15, 2022
|Earnings per share (EPS)||-0.048|
|Net Profit Margin||-15.92%|
How did IGAS perform over the long term?See historical performance and comparison
Is IGAS undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 1/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for IGAS?
Other financial metrics that can be useful for relative valuation.
|What is IGAS's n/a Ratio?|
Price to Sales Ratio vs Peers
How does IGAS's PS Ratio compare to its peers?
|IGAS PS Ratio vs Peers|
|Company||PS||Estimated Growth||Market Cap|
PHAR Pharos Energy
PMG Parkmead Group
ENW Enwell Energy
TRIN Trinity Exploration & Production
IGAS IGas Energy
Price-To-Sales vs Peers: IGAS is good value based on its Price-To-Sales Ratio (2.5x) compared to the peer average (3.7x).
Price to Earnings Ratio vs Industry
How does IGAS's PE Ratio compare vs other companies in the GB Oil and Gas Industry?
Price-To-Sales vs Industry: IGAS is expensive based on its Price-To-Sales Ratio (2.5x) compared to the UK Oil and Gas industry average (2x)
Price to Sales Ratio vs Fair Ratio
What is IGAS's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PS Ratio||2.5x|
|Fair PS Ratio||1.3x|
Price-To-Sales vs Fair Ratio: IGAS is expensive based on its Price-To-Sales Ratio (2.5x) compared to the estimated Fair Price-To-Sales Ratio (1.3x).
Share Price vs Fair Value
What is the Fair Price of IGAS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: IGAS (£0.76) is trading above our estimate of fair value (£0.22)
Significantly Below Fair Value: IGAS is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is less than 20% higher than the current share price.
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How is IGas Energy forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IGAS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.9%).
Earnings vs Market: IGAS is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: IGAS is expected to become profitable in the next 3 years.
Revenue vs Market: IGAS's revenue (1.2% per year) is forecast to grow slower than the UK market (4.6% per year).
High Growth Revenue: IGAS's revenue (1.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if IGAS's Return on Equity is forecast to be high in 3 years time
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How has IGas Energy performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IGAS is currently unprofitable.
Growing Profit Margin: IGAS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: IGAS is unprofitable, and losses have increased over the past 5 years at a rate of 29.2% per year.
Accelerating Growth: Unable to compare IGAS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: IGAS is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (334.7%).
Return on Equity
High ROE: IGAS has a negative Return on Equity (-8.8%), as it is currently unprofitable.
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How is IGas Energy's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: IGAS's short term assets (£9.9M) do not cover its short term liabilities (£11.5M).
Long Term Liabilities: IGAS's short term assets (£9.9M) do not cover its long term liabilities (£88.3M).
Debt to Equity History and Analysis
Debt Level: IGAS's net debt to equity ratio (16.8%) is considered satisfactory.
Reducing Debt: IGAS's debt to equity ratio has reduced from 172.2% to 21.6% over the past 5 years.
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: Whilst unprofitable IGAS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: IGAS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 11% per year.
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What is IGas Energy current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate IGAS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate IGAS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if IGAS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IGAS's dividend payments have been increasing.
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: Unable to calculate sustainability of dividends as IGAS has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Steve Bowler (49 yo)
Mr. Stephen Bowler, also known as Steve, has been the Chief Executive Officer of IGas Energy plc since May 8, 2015 and its Executive Director since November 1 2011. Mr. Bowler served as the Chief Financial...
CEO Compensation Analysis
Compensation vs Market: Steve's total compensation ($USD722.73K) is above average for companies of similar size in the UK market ($USD335.96K).
Compensation vs Earnings: Steve's compensation has increased whilst the company is unprofitable.
Experienced Board: IGAS's board of directors are not considered experienced ( 3 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
IGas Energy plc's employee growth, exchange listings and data sources
- Name: IGas Energy plc
- Ticker: IGAS
- Exchange: AIM
- Founded: 2003
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Implied Market Cap: UK£94.834m
- Shares outstanding: 125.44m
- Website: https://www.igasplc.com
Number of Employees
- IGas Energy plc
- Welton Gathering Centre
- Barfield Lane off Wragby Road
- LN2 2QX
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/17 00:00|
|End of Day Share Price||2022/08/17 00:00|
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.