AIM:JSE

Stock Analysis Report

Executive Summary

Jadestone Energy Inc., together with its subsidiaries, engages in the production, development, and exploration and appraisal activities in Australia, Indonesia, Malaysia, Vietnam, and the Philippines.

Snowflake

Fundamentals

Excellent balance sheet and good value.

Share Price & News

How has Jadestone Energy's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

3.9%

JSE

0.4%

GB Oil and Gas

1.7%

GB Market


1 Year Return

28.0%

JSE

-4.7%

GB Oil and Gas

2.9%

GB Market

Return vs Industry: JSE exceeded the UK Oil and Gas industry which returned -4.7% over the past year.

Return vs Market: JSE exceeded the UK Market which returned 2.9% over the past year.


Shareholder returns

JSEIndustryMarket
7 Day3.9%0.4%1.7%
30 Day1.4%-2.7%-0.7%
90 Day-6.6%-2.7%-1.8%
1 Year28.0%28.0%0.09%-4.7%8.0%2.9%
3 Yearn/a33.0%15.6%18.2%3.8%
5 Yearn/a31.4%7.1%35.6%6.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: JSE (£0.53) is trading below our estimate of fair value (£6.18)

Significantly Undervalued: JSE is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: JSE is poor value based on its PE Ratio (13.2x) compared to the Oil and Gas industry average (6.7x).

PE vs Market: JSE is good value based on its PE Ratio (13.2x) compared to the UK market (16.7x).


Price to Earnings Growth Ratio

Low PEG Ratio: JSE is good value based on its PEG Ratio (0.4x)


Price to Book Ratio

PB vs Industry: JSE is overvalued based on its PB Ratio (1.3x) compared to the GB Oil and Gas industry average (0.8x).


Next Steps

Future Growth

How is Jadestone Energy forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

36.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JSE's forecast earnings growth (36.4% per year) is above the savings rate (1.2%).

Earnings vs Market: JSE's earnings (36.4% per year) are forecast to grow faster than the UK market (12.9% per year).

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

Revenue vs Market: JSE's revenue (18.2% per year) is forecast to grow faster than the UK market (3.9% per year).

High Growth Revenue: JSE's revenue (18.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if JSE's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Jadestone Energy performed over the past 5 years?

12.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: JSE has become profitable over the past 5 years, growing earnings by 12.9% per year.

Accelerating Growth: JSE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: JSE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (29.4%).


Return on Equity

High ROE: JSE's Return on Equity (9.7%) is considered low.


Return on Assets

ROA vs Industry: JSE's Return on Assets is below or equal to the Oil and Gas industry average last year.


Return on Capital Employed

ROCE Improving: JSE's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Jadestone Energy's financial position?


Financial Position Analysis

Short Term Liabilities: JSE's short term assets ($169.5M) exceeds its short term liabilities ($127.2M)

Long Term Liabilities: JSE's short term assets (169.5M) do not cover its long term liabilities (454.3M)


Debt to Equity History and Analysis

Debt Level: JSE's debt to equity ratio (33.2%) is considered satisfactory

Reducing Debt: JSE's debt to equity ratio has reduced from 82.3% to 33.2% over the past 5 years.

Debt Coverage: JSE's debt is well covered by operating cash flow (111.6%).

Interest Coverage: JSE's interest payments on its debt are well covered by EBIT (4.5x coverage).


Balance Sheet

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

Debt Coverage by Assets: JSE's debt is covered by short term assets (assets are 2.309320x debt).


Next Steps

Dividend

What is Jadestone Energy's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.4%industryaverage5.4%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

Stable Dividend: Insufficient data to determine if JSE's dividends per share have been stable in the past.

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


Next Steps

Management

What is the CEO of Jadestone Energy's salary, the management and board of directors tenure and is there insider trading?

2.3yrs

Average management tenure


CEO

A. Paul Blakeley 0

2.3yrs

Tenure

US$1,414,727

Compensation

Mr. A. Paul Blakeley has been Chief Executive Officer of Jadestone Energy Inc. (also known as Mitra Energy Inc.) since June 27, 2017, Executive Director since June 7, 2016 and serves as its President. Mr. ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether A. Paul's total compensation is reasonable compared to companies of similar size in the UK market.

Compensation vs Earnings: A. Paul's compensation has been consistent with company performance over the past year.


Management Age and Tenure

2.3yrs

Average Tenure

Experienced Management: JSE's management team is considered experienced (2.3 years average tenure).


Board Age and Tenure

3.3yrs

Average Tenure

68yo

Average Age

Experienced Board: JSE's board of directors are considered experienced (3.3 years average tenure).


Insider Trading

Insider Buying: JSE insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$78,62112 Sep 19
Iain McLaren
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares162,870
Max PriceUS$0.48
SellUS$54,40312 Sep 19
Iain McLaren
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares112,870
Max PriceUS$0.48
BuyUS$3,010,26214 Jan 19
Tyrus Capital S.A.M.
EntityCompany
Shares8,500,000
Max PriceUS$0.35
BuyUS$40,55104 Dec 18
Livermore Partners LLC
EntityCompany
Shares112,000
Max PriceUS$0.36
BuyUS$27,021,00127 Nov 18
Tyrus Capital S.A.M.
EntityCompany
Shares77,544,525
Max PriceUS$0.35
SellUS$27,021,00127 Nov 18
Tyrus Capital S.A.M.
EntityCompany
Shares77,544,525
Max PriceUS$0.35

Ownership Breakdown


Management Team

  • Will Mathers (44yo)

    Secretary and Vice President

    • Tenure: 0yrs
    • Compensation: US$464.82k
  • Dave Goulding

    Vice President of Technical

    • Tenure: 0yrs
    • Compensation: US$532.19k
  • Dan Young

    CFO & Executive Director

    • Tenure: 1.2yrs
    • Compensation: US$736.97k
  • A. Paul Blakeley

    President

    • Tenure: 2.3yrs
    • Compensation: US$1.41m
  • Michael Horn

    Executive Vice President Corporate & Business Development

    • Tenure: 2.3yrs
    • Compensation: US$754.09k
  • Neil Prendergast

    General Counsel

    • Tenure: 0yrs
  • Lucy Dean

    Regional HR Manager

    • Tenure: 0yrs

Board Members

  • Eric Schwitzer (68yo)

    Non-Executive Director

    • Tenure: 4.5yrs
    • Compensation: US$57.65k
  • Iain McLaren (68yo)

    Non-Executive Director

    • Tenure: 4.5yrs
    • Compensation: US$70.00k
  • Dennis McShane (63yo)

    Non-Executive Chairman

    • Tenure: 1.8yrs
    • Compensation: US$130.00k
  • Bob Lambert

    Deputy Chairman

    • Tenure: 8.4yrs
    • Compensation: US$50.00k
  • Dan Young

    CFO & Executive Director

    • Tenure: 1.2yrs
    • Compensation: US$736.97k
  • A. Paul Blakeley

    President

    • Tenure: 2.3yrs
    • Compensation: US$1.41m
  • Cedric Fontenit

    Director

    • Tenure: 3.3yrs
    • Compensation: US$18.23k
  • David Neuhauser

    Non-Executive Director

    • Tenure: 3.3yrs
    • Compensation: US$45.00k

Company Information

Jadestone Energy Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Jadestone Energy Inc.
  • Ticker: JSE
  • Exchange: AIM
  • Founded:
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: CA$391.886m
  • Listing Market Cap: CA$231.968m
  • Shares outstanding: 461.04m
  • Website: https://www.jadestone-energy.com

Number of Employees


Location

  • Jadestone Energy Inc.
  • No. 13-01 Springleaf Tower
  • 3 Anson Road
  • Singapore
  • 79909
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JSETSXV (TSX Venture Exchange)YesCommon SharesCACADApr 2015
M4EDB (Deutsche Boerse AG)YesCommon SharesDEEURApr 2015
JADS.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDApr 2015
JSEAIM (London Stock Exchange AIM Market)YesCommon SharesGBGBPApr 2015

Biography

Jadestone Energy Inc., together with its subsidiaries, engages in the production, development, and exploration and appraisal activities in Australia, Indonesia, Malaysia, Vietnam, and the Philippines. Its  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/17 22:19
End of Day Share Price2019/10/17 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.