Serinus Energy
Market Cap
UK£22.9m
Last Updated
2020/02/19 22:01 UTC
Data Sources
Company Financials +
Executive Summary
Serinus Energy plc, together with its subsidiaries, engages in the exploration and development of oil and gas properties.
Rewards
Risk Analysis
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Slightly overvalued with limited growth.
Similar Companies
Share Price & News
How has Serinus Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SENX has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0%
SENX
-0.8%
GB Oil and Gas
-0.9%
GB Market
1 Year Return
-32.8%
SENX
-6.1%
GB Oil and Gas
6.2%
GB Market
Return vs Industry: SENX underperformed the UK Oil and Gas industry which returned -6.1% over the past year.
Return vs Market: SENX underperformed the UK Market which returned 6.2% over the past year.
Shareholder returns
| SENX | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | -0.8% | -0.9% |
| 30 Day | 17.1% | -10.2% | -3.1% |
| 90 Day | 6.2% | -8.2% | 3.9% |
| 1 Year | -32.8%-32.8% | -1.2%-6.1% | 11.9%6.2% |
| 3 Year | n/a | 20.8%5.6% | 17.3%2.4% |
| 5 Year | n/a | 43.2%14.4% | 34.1%3.2% |
Price Volatility Vs. Market
How volatile is Serinus Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Serinus 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
Below Fair Value: SENX (£0.1) is trading below our estimate of fair value (£2.5)
Significantly Below Fair Value: SENX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SENX is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: SENX 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 SENX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SENX is overvalued based on its PB Ratio (3x) compared to the GB Oil and Gas industry average (0.7x).
Next Steps
Future Growth
How is Serinus Energy forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
79.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SENX is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: SENX is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: SENX is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: SENX's revenue (76.4% per year) is forecast to grow faster than the UK market (3.5% per year).
High Growth Revenue: SENX's revenue (76.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if SENX's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Serinus Energy performed over the past 5 years?
42.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SENX is currently unprofitable.
Growing Profit Margin: SENX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SENX is unprofitable, but has reduced losses over the past 5 years at a rate of 42.3% per year.
Accelerating Growth: Unable to compare SENX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SENX is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (24.4%).
Return on Equity
High ROE: SENX has a negative Return on Equity (-83.01%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Serinus Energy's financial position?
Financial Position Analysis
Short Term Liabilities: SENX's short term assets ($13.6M) do not cover its short term liabilities ($33.4M).
Long Term Liabilities: SENX's short term assets ($13.6M) do not cover its long term liabilities ($73.5M).
Debt to Equity History and Analysis
Debt Level: SENX's debt to equity ratio (301.7%) is considered high.
Reducing Debt: SENX's debt to equity ratio has increased from 21.5% to 301.7% over the past 5 years.
Balance Sheet
Inventory Level: SENX has a high level of physical assets or inventory.
Debt Coverage by Assets: SENX's debt is not covered by short term assets (assets are 0.5x debt).
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 SENX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SENX is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -1.7% per year.
Next Steps
Dividend
What is Serinus Energy's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SENX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate SENX's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SENX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SENX'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 SENX'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?
2.8yrs
Average management tenure
CEO
Jeffrey Auld (52yo)
3.4yrs
Tenure
US$648,430
Compensation
Mr. Jeffrey David Auld, MBA, BA (Econ), has been the Chief Executive Officer and President of Serinus Energy Inc. since September 1, 2016. Mr. Auld served as General Director of Serinus Energy Inc. until O ...
CEO Compensation Analysis
Compensation vs Market: Jeffrey's total compensation ($USD648.43K) is above average for companies of similar size in the UK market ($USD325.33K).
Compensation vs Earnings: Jeffrey's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Non-Independent Director | 3.4yrs | US$648.43k | 0.0093% $2.1k | |
| CFO & Non-Independent Director | 0yrs | no data | no data | |
| Chief Operating Officer | 0.7yrs | no data | no data | |
| President of Serinus Energy Tunisia B.V. | 2.1yrs | no data | no data | |
| President of Serinus Energy Romania SA | 2.1yrs | no data | no data | |
| 3.5yrs | US$1.72m | no data | ||
| 3.5yrs | US$1.33m | no data |
2.8yrs
Average Tenure
52yo
Average Age
Experienced Management: SENX's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Non-Independent Director | 3.4yrs | US$648.43k | 0.0093% $2.1k | |
| CFO & Non-Independent Director | 0yrs | no data | no data | |
| Independent Director | 2.4yrs | US$31.90k | no data | |
| Independent Director | 2.8yrs | US$37.97k | 0.042% $9.6k | |
| Non-Independent Director | 1.9yrs | US$13.95k | no data | |
| Chairman of the Board | 1.9yrs | US$23.25k | no data |
2.4yrs
Average Tenure
52yo
Average Age
Experienced Board: SENX's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
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 been diluted in the past year, with total shares outstanding growing by 30.2%.
Top Shareholders
Company Information
Serinus Energy plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Serinus Energy plc
- Ticker: SENX
- Exchange: AIM
- Founded: 1987
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: zł117.052m
- Listing Market Cap: zł22.867m
- Shares outstanding: 238.88m
- Website: https://www.serinusenergy.com
Number of Employees
Location
- Serinus Energy plc
- 28 Esplanade
- St. Helier
- JE1 8SB
- Jersey
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SEN | WSE (Warsaw Stock Exchange) | Yes | Common Shares | PL | PLN | May 2010 |
| SENX | AIM (London Stock Exchange AIM Market) | Yes | Common Shares | GB | GBP | May 2010 |
| SNUY.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | May 2010 |
Biography
Serinus Energy plc, together with its subsidiaries, engages in the exploration and development of oil and gas properties. It owns a 100% deemed working interest in the Satu Mare concession covering an area of approximately 729,000 acres situated within the Pannonian Basin, Romania. The company also holds 45% working interest in the Sabria concession, which covers an area of approximately 26,195 gross acres; 100% working interest in the Chouech Es Saida concession covering an area of approximately 52,480 acres; 100% working interest in the Ech Chouech concession that covers an area of approximately 33,920 acres; 100% working interest in the Zinnia concession covering an area of approximately 17,920 acres; and 100% working interest in the Sanrhar concession, which covers an area of approximately 36,879 acres located in Tunisia. As of December 31, 2018, it had 10.8 million barrels of oil equivalent proved and probable reserves. The company was incorporated in 1987 and is headquartered in St. Helier, Jersey.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/19 22:01 |
| End of Day Share Price | 2020/02/19 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.