Enteq Upstream
Market Cap
UK£11.2m
Last Updated
2021/03/03 18:32 UTC
Data Sources
Company Financials +
Executive Summary
Enteq Upstream Plc, together with its subsidiaries, provides reach and recovery products and technologies to the upstream oil and gas services market primarily in the United States. More Details
Rewards
Risk Analysis
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Excellent balance sheet and slightly overvalued.
Share Price & News
How has Enteq Upstream's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NTQ is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: NTQ's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
1.5%
NTQ
-0.7%
GB Energy Services
0.3%
GB Market
1 Year Return
-17.5%
NTQ
-20.9%
GB Energy Services
0.8%
GB Market
Return vs Industry: NTQ exceeded the UK Energy Services industry which returned -20.1% over the past year.
Return vs Market: NTQ underperformed the UK Market which returned 1.1% over the past year.
Shareholder returns
| NTQ | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.5% | -0.7% | 0.3% |
| 30 Day | 8.2% | 8.4% | 3.2% |
| 90 Day | 3.1% | 2.2% | 4.5% |
| 1 Year | -17.5%-17.5% | -20.7%-20.9% | 6.7%0.8% |
| 3 Year | -32.7%-32.7% | -49.9%-53.9% | 11.5%-1.9% |
| 5 Year | 29.4%29.4% | -55.5%-62.5% | 41.8%14.5% |
Long-Term Price Volatility Vs. Market
How volatile is Enteq Upstream's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall St
Andrew Law Is The Commercial Director & Director of Enteq Upstream Plc (LON:NTQ) And They Just Picked Up 292% More Shares4 months ago | Simply Wall St
How Should Investors React To Enteq Upstream's (LON:NTQ) CEO Pay?5 months ago | Simply Wall St
Enteq Upstream Plc (LON:NTQ): When Will It Breakeven?Valuation
Is Enteq Upstream undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NTQ (£0.17) is trading below our estimate of fair value (£0.37)
Significantly Below Fair Value: NTQ is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NTQ is unprofitable, so we can't compare its PE Ratio to the XE Energy Services industry average.
PE vs Market: NTQ 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 NTQ's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NTQ is overvalued based on its PB Ratio (1x) compared to the GB Energy Services industry average (0.9x).
Next Steps
Future Growth
How is Enteq Upstream forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
95.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NTQ is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: NTQ is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: NTQ is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: NTQ's revenue (30.5% per year) is forecast to grow faster than the UK market (7.3% per year).
High Growth Revenue: NTQ's revenue (30.5% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NTQ is forecast to be unprofitable in 3 years.
Next Steps
Past Performance
How has Enteq Upstream performed over the past 5 years?
50.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NTQ is currently unprofitable.
Growing Profit Margin: NTQ is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NTQ is unprofitable, but has reduced losses over the past 5 years at a rate of 50.4% per year.
Accelerating Growth: Unable to compare NTQ's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NTQ is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-25.6%).
Return on Equity
High ROE: NTQ has a negative Return on Equity (-51.16%), as it is currently unprofitable.
Next Steps
Financial Health
How is Enteq Upstream's financial position?
Financial Position Analysis
Short Term Liabilities: NTQ's short term assets ($13.2M) exceed its short term liabilities ($1.3M).
Long Term Liabilities: NTQ has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NTQ is debt free.
Reducing Debt: NTQ has not had any debt for past 5 years.
Balance Sheet
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: NTQ has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if NTQ has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Next Steps
Dividend
What is Enteq Upstream current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NTQ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NTQ'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 NTQ's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NTQ'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 NTQ'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?
8.5yrs
Average management tenure
CEO
Martin Perry (58 yo)
9.92yrs
Tenure
US$501,000
Compensation
Mr. Martin Gordon Perry has been Chief Executive Officer of Enteq Upstream Plc since April 5, 2011. Mr. Perry served as the Chief Executive Officer and Executive Director at Sondex Ltd. He joined the oil i...
CEO Compensation Analysis
Compensation vs Market: Martin's total compensation ($USD501.00K) is above average for companies of similar size in the UK market ($USD335.50K).
Compensation vs Earnings: Martin's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 9.92yrs | US$501.00k | 5.73% $ 641.8k | |
| Finance Director | 6.75yrs | US$308.00k | 2.39% $ 267.4k | |
| Chief Operations Officer | 9.83yrs | no data | no data | |
| Commercial Director & Director | 0.50yr | no data | 1.07% $ 119.5k |
8.5yrs
Average Tenure
59yo
Average Age
Experienced Management: NTQ's management team is seasoned and experienced (8.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 9.92yrs | US$501.00k | 5.73% $ 641.8k | |
| Finance Director | 6.75yrs | US$308.00k | 2.39% $ 267.4k | |
| Commercial Director & Director | 0.50yr | no data | 1.07% $ 119.5k | |
| Independent Non-Executive Director | 1yr | no data | no data | |
| Non-Executive Chairman | 4.5yrs | US$38.00k | 0.75% $ 83.5k |
4.5yrs
Average Tenure
58yo
Average Age
Experienced Board: NTQ's board of directors are considered experienced (4.5 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.6%.
Top Shareholders
Company Information
Enteq Upstream Plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Enteq Upstream Plc
- Ticker: NTQ
- Exchange: AIM
- Founded: 2011
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: UK£11.193m
- Shares outstanding: 67.83m
- Website: https://www.enteq.com
Number of Employees
Location
- Enteq Upstream Plc
- St Mary's Court
- The Broadway
- Amersham
- Buckinghamshire
- HP7 0UT
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| NTQ | AIM (London Stock Exchange AIM Market) | Yes | Ordinary Shares | GB | GBP | Jul 2011 |
| ENQQ.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jul 2011 |
| 5EQ | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jul 2011 |
Biography
Enteq Upstream Plc, together with its subsidiaries, provides reach and recovery products and technologies to the upstream oil and gas services market primarily in the United States. It designs, manufacture...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/03 18:32 |
| End of Day Share Price | 2021/03/03 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/03/31 |
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.