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SDX

SDX Energy AIM:SDX Stock Report

Last Price

UK£0.083

Market Cap

UK£17.0m

7D

2.5%

1Y

-49.2%

Updated

20 May, 2022

Data

Company Financials +
SDX fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance0/6
Financial Health6/6
Dividends0/6

SDX Stock Overview

SDX Energy plc engages in the exploration, development, and production of oil and gas in the Arab Republic of Egypt and the Kingdom of Morocco.

SDX Energy Competitors

Price History & Performance

Summary of all time highs, changes and price drops for SDX Energy
Historical stock prices
Current Share PriceUK£0.083
52 Week HighUK£0.17
52 Week LowUK£0.07
Beta1.54
1 Month Change0.61%
3 Month Change-1.79%
1 Year Change-49.23%
3 Year Change-65.26%
5 Year Change-85.46%
Change since IPO-60.24%

Recent News & Updates

Shareholder Returns

SDXGB Oil and GasGB Market
7D2.5%3.4%0.8%
1Y-49.2%20.0%-5.0%

Return vs Industry: SDX underperformed the UK Oil and Gas industry which returned 22.1% over the past year.

Return vs Market: SDX underperformed the UK Market which returned -2.5% over the past year.

Price Volatility

Is SDX's price volatile compared to industry and market?
SDX volatility
SDX Average Weekly Movement4.9%
Oil and Gas Industry Average Movement9.9%
Market Average Movement6.1%
10% most volatile stocks in GB Market11.6%
10% least volatile stocks in GB Market3.2%

Stable Share Price: SDX is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: SDX's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201964Mark Reidhttps://www.sdxenergygroup.com

SDX Energy plc engages in the exploration, development, and production of oil and gas in the Arab Republic of Egypt and the Kingdom of Morocco. The company has 50% working interest in Meseda and Rabul fields in the West Gharib, Egypt; 55% interest in the South Disouq concession located in the Nile Delta region, Egypt; and 75% working interest in four exploration permits consisting of Sebou Central, Gharb Occidental, Lalla Mimouna Nord, and Moulay Bouchta Ouest concessions situated in the Gharb Basin, Morocco. The company was incorporated in 2019 and is headquartered in London, the United Kingdom.

SDX Energy Fundamentals Summary

How do SDX Energy's earnings and revenue compare to its market cap?
SDX fundamental statistics
Market CapUS$21.25m
Earnings (TTM)-US$23.95m
Revenue (TTM)US$53.86m

0.4x

P/S Ratio

-0.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SDX income statement (TTM)
RevenueUS$53.86m
Cost of RevenueUS$9.73m
Gross ProfitUS$44.13m
Other ExpensesUS$68.08m
Earnings-US$23.95m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.12
Gross Margin81.93%
Net Profit Margin-44.48%
Debt/Equity Ratio0%

How did SDX perform over the long term?

See historical performance and comparison

Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: SDX (£0.08) is trading below our estimate of fair value (£0.2)

Significantly Below Fair Value: SDX is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: SDX is unprofitable, so we can't compare its PE Ratio to the UK Oil and Gas industry average.

PE vs Market: SDX 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 SDX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SDX is good value based on its PB Ratio (0.3x) compared to the GB Oil and Gas industry average (1x).


Future Growth

How is SDX Energy forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


55.7%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SDX is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.9%).

Earnings vs Market: SDX is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: SDX's is expected to become profitable in the next 3 years.

Revenue vs Market: SDX's revenue is expected to decline over the next 3 years (-30.6% per year).

High Growth Revenue: SDX's revenue is forecast to decline over the next 3 years (-30.6% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SDX is forecast to be unprofitable in 3 years.


Past Performance

How has SDX Energy performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-44.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SDX is currently unprofitable.

Growing Profit Margin: SDX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SDX is unprofitable, and losses have increased over the past 5 years at a rate of 44.7% per year.

Accelerating Growth: Unable to compare SDX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SDX is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (344.7%).


Return on Equity

High ROE: SDX has a negative Return on Equity (-32.97%), as it is currently unprofitable.


Financial Health

How is SDX Energy's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: SDX's short term assets ($37.3M) exceed its short term liabilities ($18.8M).

Long Term Liabilities: SDX's short term assets ($37.3M) exceed its long term liabilities ($7.0M).


Debt to Equity History and Analysis

Debt Level: SDX is debt free.

Reducing Debt: SDX had no debt 5 years ago.


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: Whilst unprofitable SDX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: SDX is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 25.1% per year.


Dividend

What is SDX Energy current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

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

High Dividend: Unable to evaluate SDX'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 SDX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SDX'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 SDX has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

4.8yrs

Average board tenure


CEO

Mark Reid (53 yo)

2.5yrs

Tenure

US$439,161

Compensation

Mr. Mark Reid has been Chief Executive officer at SDX Energy plc since November 12, 2019 and its Executive Director since September 26, 2016. He serves as Secretary at SDX Energy plc. He served as Chief Fi...


CEO Compensation Analysis

Compensation vs Market: Mark's total compensation ($USD439.16K) is above average for companies of similar size in the UK market ($USD316.57K).

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


Board Members

Experienced Board: SDX's board of directors are considered experienced (4.8 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

SDX Energy plc's employee growth, exchange listings and data sources


Key Information

  • Name: SDX Energy plc
  • Ticker: SDX
  • Exchange: AIM
  • Founded: 2019
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Implied Market Cap: UK£17.046m
  • Shares outstanding: 205.38m
  • Website: https://www.sdxenergygroup.com

Number of Employees


Location

  • SDX Energy plc
  • 38 Welbeck Street
  • London
  • Greater London
  • W1G 8DP
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/20 00:00
End of Day Share Price2022/05/20 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.