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£0.55|
|52 Week High||UK£1.12|
|52 Week Low||UK£0.13|
|1 Month Change||-38.20%|
|3 Month Change||61.77%|
|1 Year Change||175.00%|
|3 Year Change||2.80%|
|5 Year Change||-18.06%|
|Change since IPO||-96.45%|
Recent News & Updates
IGas Energy's (LON:IGAS) Earnings Aren't As Good As They Appear
Even though IGas Energy plc ( LON:IGAS ) posted strong earnings recently, the stock hasn't reacted in a large way. We...
|IGAS||GB Oil and Gas||GB Market|
Return vs Industry: IGAS exceeded the UK Oil and Gas industry which returned -13.2% over the past year.
Return vs Market: IGAS exceeded the UK Market which returned -14.5% over the past year.
|IGAS Average Weekly Movement||15.0%|
|Oil and Gas Industry Average Movement||8.6%|
|Market Average Movement||5.3%|
|10% most volatile stocks in GB Market||10.8%|
|10% least volatile stocks in GB Market||2.6%|
Stable Share Price: IGAS is more volatile than 90% of UK stocks over the past 3 months, typically moving +/- 15% a week.
Volatility Over Time: IGAS's weekly volatility (15%) 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£21.35m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
Sep 29, 2022
|Earnings per share (EPS)||0.20|
|Net Profit Margin||49.47%|
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 3/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings 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 Earnings Ratio vs Peers
How does IGAS's PE Ratio compare to its peers?
|IGAS PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
PHAR Pharos Energy
ENW Enwell Energy
TRIN Trinity Exploration & Production
EDR Egdon Resources
IGAS IGas Energy
Price-To-Earnings vs Peers: IGAS is good value based on its Price-To-Earnings Ratio (2.7x) compared to the peer average (15.8x).
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-Earnings vs Industry: IGAS is good value based on its Price-To-Earnings Ratio (2.7x) compared to the UK Oil and Gas industry average (4.9x)
Price to Earnings Ratio vs Fair Ratio
What is IGAS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||2.7x|
|Fair PE Ratio||4.6x|
Price-To-Earnings vs Fair Ratio: IGAS is good value based on its Price-To-Earnings Ratio (2.7x) compared to the estimated Fair Price-To-Earnings Ratio (4.5x).
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 (£0.55) is trading above our estimate of fair value (£0.45)
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 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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How is IGas Energy forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score0/6
Future Growth Score 0/6
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's earnings are forecast to decline over the next 3 years (-31.1% per year).
Earnings vs Market: IGAS's earnings are forecast to decline over the next 3 years (-31.1% per year).
High Growth Earnings: IGAS's earnings are forecast to decline over the next 3 years.
Revenue vs Market: IGAS's revenue is expected to decline over the next 3 years (-5.6% per year).
High Growth Revenue: IGAS's revenue is forecast to decline over the next 3 years (-5.6% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: IGAS's Return on Equity is forecast to be low in 3 years time (12.3%).
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How has IGas Energy performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IGAS has a high level of non-cash earnings.
Growing Profit Margin: IGAS became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: IGAS has become profitable over the past 5 years, growing earnings by -14.9% per year.
Accelerating Growth: IGAS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: IGAS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (314.5%).
Return on Equity
High ROE: IGAS's Return on Equity (28.9%) is considered high.
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How is IGas Energy's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: IGAS's short term assets (£11.8M) do not cover its short term liabilities (£16.7M).
Long Term Liabilities: IGAS's short term assets (£11.8M) do not cover its long term liabilities (£81.7M).
Debt to Equity History and Analysis
Debt Level: IGAS's net debt to equity ratio (10.3%) is considered satisfactory.
Reducing Debt: IGAS's debt to equity ratio has increased from 13% to 13.3% over the past 5 years.
Debt Coverage: IGAS's debt is well covered by operating cash flow (103.6%).
Interest Coverage: IGAS's interest payments on its debt are well covered by EBIT (6.3x coverage).
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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
|IGas Energy Dividend Yield vs Market|
|Company (IGas Energy)||n/a|
|Market Bottom 25% (GB)||2.1%|
|Market Top 25% (GB)||6.1%|
|Industry Average (Oil and Gas)||7.7%|
|Analyst forecast in 3 Years (IGas Energy)||n/a|
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
IGas Energy has no CEO, or we have no data on them.
Experienced Board: IGAS's board of directors are not considered experienced ( 0.7 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.
|Owner Type||Number of Shares||Ownership Percentage|
|Employee Share Scheme||1,882,366||1.5%|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
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£75.303m
- Shares outstanding: 125.50m
- Website: https://www.igasplc.com
Number of Employees
- IGas Energy plc
- Welton Gathering Centre
- Barfield Lane off Wragby Road
- LN2 2QX
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|IGAS||AIM (London Stock Exchange AIM Market)||Yes||Ordinary Shares||GB||GBP||Dec 2007|
|K1P3||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Dec 2007|
|IGES.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Dec 2007|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/28 00:00|
|End of Day Share Price||2022/09/28 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.