Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Oilex. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Oilex's earnings available for a low price, and how does
this compare to other companies in the same industry?
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Oilex has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Oilex's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Oilex's earnings growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
Unable to compare Oilex's revenue growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
Unable to determine if Oilex is high growth as no earnings estimate data is available.
Unable to determine if Oilex is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Oilex's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Oil and Gas
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Jonathan Arnold Salomon, also known as Joe, B APP SC (Geology), GAICD, has been Managing Director of Oilex Ltd. since March 18, 2016. Mr. Salomon served as Executive Director and Technical Director of Nido Petroleum Limited from 2000 to 2009. Mr. Salomon is Petroleum Geologist with over 20 years experience managing exploration programs for public petroleum companies within Australia and internationally. Mr. Salomon has over 30 years experience working for upstream energy companies. He served as Chief Executive Officer of Norwest Energy NL until December 19, 2007. He was previously the General Manager Exploration and New Ventures for Australia and then Vietnam at Murphy Oil Corporation. He served as the Global Head of Geoscience at RISC PL. From 1990 to 1996, he served as a Senior Explorationist for Ampolex and after its takeover by Mobil, was New Exploration and Producing Ventures Team Leader for Mobil. At various times in his career, Mr. Salomon has acted as an Independent Consultant for a number of oil & gas companies, including New Standard Energy and Pacrim Energy. He first worked on Indian projects in 1994 while at Ampolex and since that time has maintained connection with the Indian industry, at various times bidding in India's exploration and field development rounds and working with Indian companies as joint venture partners, both in India and internationally. He has been a Director of Oilex Ltd. since November 30, 2015. He served as Director of Norwest Energy NL from October 18, 2004 to December 19, 2007. He served as Director of Strategic Energy Resources Limited from February 4, 2008 to November 28, 2008. He is a member of the American Association of Petroleum Geologists, Petroleum Exploration Society of Australia and South East Asian Petroleum Exploration Society. He graduated from the University of Southern Queensland with a Bachelor degree in Applied Science.
Joe's compensation has been consistent with company performance over the past year.
Joe's remuneration is lower than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure
Average tenure of the
management team in years:
The tenure for the Oilex management team is about average.
MD & Director
CFO & Company Secretary
Head of India Assets
Legal Counsel and Commercial Manager
Head of HR & Corporate Affairs
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Oilex board of directors is less than 3 years, this suggests a new board.
Oilex Ltd engages in the exploration for, appraisal, development, production, and sale of oil and gas in Australia, India, and Indonesia. It primarily holds 45% interest in the Cambay field located in the Cambay basin, onshore Gujarat, India. The company was incorporated in 1997 and is based in West Perth, Australia.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.