Loading...

Serinus Energy

AIM:SENX
Snowflake Description

High growth potential and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SENX
AIM
PLN139M
Market Cap
  1. Home
  2. GB
  3. Energy
Company description

Serinus Energy plc, together with its subsidiaries, engages in the exploration and development of oil and gas properties. The last earnings update was 34 days ago. More info.


Add to Portfolio Compare Print
  • Serinus Energy has significant price volatility in the past 3 months.
SENX Share Price and Events
7 Day Returns
0%
AIM:SENX
2.6%
GB Oil and Gas
1.5%
GB Market
1 Year Returns
-
AIM:SENX
16.9%
GB Oil and Gas
2.1%
GB Market
SENX Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Serinus Energy (SENX) 0% -6.8% -32.8% - - -
GB Oil and Gas 2.6% 6.4% 11.3% 16.9% 51.5% -2.7%
GB Market 1.5% 5.2% 9.7% 2.1% 17.8% 6.8%
1 Year Return vs Industry and Market
  • No trading data on SENX.
  • No trading data on SENX.
Price Volatility
SENX
Industry
5yr Volatility vs Market

SENX Value

 Is Serinus Energy undervalued based on future cash flows and its price relative to the stock market?

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 undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Serinus Energy to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Serinus Energy.

AIM:SENX Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.8%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for AIM:SENX
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 6%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.96
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.959 (1 + (1- 20%) (92.08%))
1.445
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.45
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (1.445 * 5.96%)
9.84%

Discounted Cash Flow Calculation for AIM:SENX using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Serinus Energy is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

AIM:SENX DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 9.84%)
2019 11.00 Analyst x1 10.01
2020 14.50 Analyst x2 12.02
2021 15.50 Analyst x2 11.70
2022 7.00 Analyst x2 4.81
2023 18.00 Analyst x2 11.26
2024 18.25 Est @ 1.39% 10.39
2025 18.49 Est @ 1.34% 9.59
2026 18.74 Est @ 1.31% 8.84
2027 18.98 Est @ 1.28% 8.15
2028 19.22 Est @ 1.27% 7.52
Present value of next 10 years cash flows $94.28
AIM:SENX DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $19.22 × (1 + 1.23%) ÷ (9.84% – 1.23%)
$225.79
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $225.79 ÷ (1 + 9.84%)10
$88.32
AIM:SENX Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $94.28 + $88.32
$182.60
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $182.60 / 245.60
$4.1
AIM:SENX Discount to Share Price
Calculation Result
Exchange Rate USD/PLN
(Reporting currency to currency of WSE:SEN)
3.838
Value per Share
(PLN)
= Value per Share in USD x Exchange Rate (USD/PLN)
= $0.74 x 3.838
PLN2.85
Non-primary Listing Adjustment Factor 1 share in AIM:SENX represents 0.18142x of WSE:SEN
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.18142x
Value per Share
(Listing Adjusted, GBP)
= Value per Share (PLN) x Listing Adjustment Factor
= PLN 2.85 x 0.18142
£0.52
Value per share (GBP) From above. £0.52
Current discount Discount to share price of £0.10
= -1 x (£0.10 - £0.52) / £0.52
80.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Serinus Energy is available for.
Intrinsic value
>50%
Share price is £0.1025 vs Future cash flow value of £0.5177
Current Discount Checks
For Serinus Energy to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Serinus Energy's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Serinus Energy's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 Serinus Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Serinus Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:SENX PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.03
WSE:SEN Share Price ** WSE (2019-04-24) in PLN PLN0.57
WSE:SEN Share Price converted to USD reporting currency Exchange rate (PLN/ USD) 0.261 $0.15
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry PE Ratio Median Figure of 32 Publicly-Listed Oil and Gas Companies 10.09x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 797 Publicly-Listed Companies 16.16x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Serinus Energy.

AIM:SENX PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= WSE:SEN Share Price ÷ EPS (both in USD)

= 0.15 ÷ -0.03

-5.78x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Serinus Energy is loss making, we can't compare its value to the GB Oil and Gas industry average.
  • Serinus Energy is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Serinus Energy's expected growth come at a high price?
Raw Data
AIM:SENX PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -5.78x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
58.2%per year
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry PEG Ratio Median Figure of 19 Publicly-Listed Oil and Gas Companies 0.48x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 564 Publicly-Listed Companies 1.49x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Serinus Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Serinus Energy's assets?
Raw Data
AIM:SENX PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $0.06
WSE:SEN Share Price * WSE (2019-04-24) in PLN PLN0.57
WSE:SEN Share Price converted to USD reporting currency Exchange rate (PLN/ USD) 0.261 $0.15
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry PB Ratio Median Figure of 102 Publicly-Listed Oil and Gas Companies 0.85x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,367 Publicly-Listed Companies 1.52x
AIM:SENX PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= WSE:SEN Share Price ÷ Book Value per Share (both in USD)

= 0.15 ÷ 0.06

2.4x

* Primary Listing of Serinus Energy.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Serinus Energy is overvalued based on assets compared to the GB Oil and Gas industry average.
X
Value checks
We assess Serinus Energy's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Serinus Energy has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

SENX Future Performance

 How is Serinus Energy expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth 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 it right!
Annual Growth Rate
58.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Serinus Energy expected to grow at an attractive rate?
  • Serinus Energy's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • Serinus Energy's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • Serinus Energy's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
AIM:SENX Future Growth Rates Data Sources
Data Point Source Value (per year)
AIM:SENX Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 58.2%
AIM:SENX Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 36.7%
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 14.2%
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 3%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 10.9%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
AIM:SENX Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:SENX Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 18
2022-12-31 18
2021-12-31 59 21 18 1
2020-12-31 60 23 16 1
2019-12-31 50 8 11 1
AIM:SENX Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 8 -6 -5
2018-09-30 7 -7 -12
2018-06-30 5 -7 -18
2018-03-31 6 -5 -16
2017-12-31 6 -4 -19
2017-09-30 11 2 -24
2017-06-30 11 -3 -21
2017-03-31 11 -2 -25
2016-12-31 13 -1 -28
2016-09-30 11 -2 -28
2016-06-30 16 3 -56
2016-03-31 19 11 -54

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Serinus Energy's earnings are expected to grow significantly at over 20% yearly.
  • Serinus Energy's revenue is expected to grow significantly at over 20% yearly.
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.
Raw Data
AIM:SENX Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Serinus Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:SENX Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31
2019-12-31
AIM:SENX Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.03
2018-09-30 -0.07
2018-06-30 -0.12
2018-03-31 -0.10
2017-12-31 -0.13
2017-09-30 -0.19
2017-06-30 -0.21
2017-03-31 -0.30
2016-12-31 -0.36
2016-09-30 -0.36
2016-06-30 -0.71
2016-03-31 -0.68

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Serinus Energy will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Serinus Energy's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Serinus Energy has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

SENX Past Performance

  How has Serinus Energy performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Serinus Energy's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Serinus Energy does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Serinus Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Serinus Energy's 1-year growth to the GB Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Serinus Energy's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Serinus Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:SENX Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 7.85 -4.89 4.24
2018-09-30 6.56 -11.87 3.75
2018-06-30 4.71 -18.34 3.62
2018-03-31 6.19 -15.69 3.70
2017-12-31 5.89 -18.79 3.70
2017-09-30 11.31 -23.53 3.96
2017-06-30 11.18 -21.46 4.68
2017-03-31 10.78 -25.48 5.62
2016-12-31 12.78 -28.24 6.01
2016-09-30 10.93 -28.04 6.91
2016-06-30 16.50 -55.94 7.20
2016-03-31 19.18 -53.56 6.96
2015-12-31 22.99 -53.46 7.76
2015-09-30 -33.75 -102.34 8.53
2015-06-30 -9.21 -65.68 10.79
2015-03-31 18.35 -58.71 12.28
2014-12-31 39.07 -52.30 13.30
2014-09-30 125.49 -68.95 14.73
2014-06-30 131.06 -64.59 13.70
2014-03-31 118.99 -69.11 12.94
2013-12-31 112.24 -68.68 13.39
2013-09-30 100.29 10.14 10.81
2013-06-30 85.32 -83.10 11.15
2013-03-31 83.74 -84.80 11.25
2012-12-31 80.12 -86.77 11.47
2012-09-30 69.66 -97.13 12.02
2012-06-30 57.77 -15.38 12.54

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Serinus Energy has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Serinus Energy has efficiently used its assets last year compared to the GB Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Serinus Energy improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Serinus Energy's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.
Serinus Energy 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.

Full details on the Past part of the Simply Wall St company analysis model.

SENX Health

 How is Serinus Energy's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Serinus Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Serinus Energy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Serinus Energy's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Serinus Energy's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Serinus Energy Company Filings, last reported 3 months ago.

AIM:SENX Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 13.34 33.29 2.28
2018-09-30 15.60 32.34 4.57
2018-06-30 16.04 31.62 6.20
2018-03-31 5.87 30.81 3.47
2017-12-31 3.70 31.26 7.25
2017-09-30 13.15 30.75 13.45
2017-06-30 19.95 30.17 16.02
2017-03-31 19.75 29.48 19.14
2016-12-31 3.75 30.70 4.30
2016-09-30 18.12 30.01 2.64
2016-06-30 23.07 31.24 10.02
2016-03-31 27.06 33.96 13.44
2015-12-31 46.20 54.07 6.59
2015-09-30 64.92 53.44 10.47
2015-06-30 95.01 52.46 12.48
2015-03-31 91.45 51.38 22.82
2014-12-31 105.99 37.31 11.10
2014-09-30 156.01 33.43 27.15
2014-06-30 158.80 28.51 15.72
2014-03-31 154.43 30.22 14.76
2013-12-31 170.54 27.06 19.92
2013-09-30 249.51 17.57 20.63
2013-06-30 238.79 9.41 19.25
2013-03-31 124.91 21.98 19.73
2012-12-31 123.45 32.03 35.55
2012-09-30 121.94 26.10 26.25
2012-06-30 179.60 53.01 31.96
  • Serinus Energy's level of debt (249.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (15.9% vs 249.5% today).
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.

  • Serinus Energy has less than a year of cash runway based on current free cash flow.
  • Serinus Energy has less than a year of cash runway if free cash flow continues to grow at historical rates of 65.2% each year.
X
Financial health checks
We assess Serinus Energy's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Serinus Energy has a total score of 0/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

SENX Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Serinus Energy dividends.
If you bought £2,000 of Serinus Energy shares you are expected to receive £0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Serinus Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Serinus Energy's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
AIM:SENX Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 4.6%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 705 Stocks 4.1%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

AIM:SENX Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Serinus Energy has not reported any payouts.
  • Unable to verify if Serinus Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Serinus Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Serinus Energy has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Serinus Energy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Serinus Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Serinus Energy has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

SENX Management

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

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.
CEO
Jeffrey Auld
COMPENSATION $648,430
AGE 51
TENURE AS CEO 2.6 years
CEO Bio

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 October 13, 2016. He has over 25 years of financial and commercial experience and extensive knowledge, of upstream oil and gas development and production. He served as the Chief Financial Officer of Equator Exploration Ltd. from August 15, 2006 to March 13, 2007. He served as Vice President of Investor Relations, Manager of Investor Relations for Europe and Treasurer at PetroKazakhstan Inc. He was employed by Goldman Sachs advising oil and gas companies on their strategic and financial opportunities and before that, he worked in a variety of financial and acquisition roles for Premier Oil plc. He began his career in the Canadian oil and gas industry. His career has involved periods working for exploration and production companies - Premier Oil, PetroKazakhstan and Equator Exploration; as well as periods spent in financial institutions - Goldman Sachs, Canaccord Adams and Macquarie. He served as a Non-Executive Director of Oilex Ltd., from January 27, 2015 to November 27, 2015. He has been Non-Independent Director of Serinus Energy Inc. since September 1, 2016. He has been an Independent Non Executive Director of Lansdowne Oil & Gas plc since September 2013. He served as an Executive Director of Equator Exploration Ltd. Mr. Auld has a Masters of Business Administration with Distinction from Imperial College, University of London and an undergraduate degree in Economics and Political Sciences from the University of Calgary.

CEO Compensation
  • Jeffrey's compensation has increased whilst company is loss making.
  • Jeffrey's remuneration is higher than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure of the Serinus Energy management team in years:

2.6
Average Tenure
  • The tenure for the Serinus Energy management team is about average.
Management Team

Jeffrey Auld

TITLE
CEO, President & Non-Independent Director
COMPENSATION
$648K
AGE
51
TENURE
2.6 yrs

Tracy Heck

TITLE
CFO & Executive Director
COMPENSATION
$527K
TENURE
5.3 yrs

Haithem Ben Hassen

TITLE
President of Serinus Energy Tunisia B.V.
TENURE
1.3 yrs

Alexandra Damascan

TITLE
President of Serinus Energy Romania SA
TENURE
1.3 yrs

Calvin Brackman

TITLE
Vice President of External Relations & Strategy
COMPENSATION
$221K
TENURE
2.3 yrs

Tim Elliott

TITLE
COMPENSATION
$2M
AGE
56
TENURE
2.7 yrs

Jock Graham

TITLE
COMPENSATION
$1M
TENURE
2.7 yrs
Board of Directors Tenure

Average tenure and age of the Serinus Energy board of directors in years:

1.6
Average Tenure
51
Average Age
  • The average tenure for the Serinus Energy board of directors is less than 3 years, this suggests a new board.
Board of Directors

Lukasz Redziniak

TITLE
Interim Chairman
COMPENSATION
$23K
TENURE
1.1 yrs

Jeffrey Auld

TITLE
CEO, President & Non-Independent Director
COMPENSATION
$648K
AGE
51
TENURE
2.6 yrs

Tracy Heck

TITLE
CFO & Executive Director
COMPENSATION
$527K
TENURE
0.9 yrs

Eleanor Barker

TITLE
Independent Director
COMPENSATION
$38K
AGE
64
TENURE
1.9 yrs

Evgenij Iorich

TITLE
Independent Director
COMPENSATION
$29K
AGE
37
TENURE
5.8 yrs

Jim Causgrove

TITLE
Independent Director
COMPENSATION
$32K
TENURE
1.6 yrs

Dawid Jakubowicz

TITLE
Non-Independent Director
COMPENSATION
$14K
TENURE
1.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
18. May 18 Buy Kulczyk Investments S.A. Company 18. May 18 18. May 18 5,653,272 £0.15 £847,037
X
Management checks
We assess Serinus Energy's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Serinus Energy has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

SENX News

Simply Wall St News

SENX Company Info

Description

Serinus Energy plc, together with its subsidiaries, engages in the exploration and development of oil and gas properties. The company owns a 45% working interest in the Sabria concession; and a 100% working interest in the Chouech Es Saida, Ech Chouech, Sanrhar, and Zinnia concessions located in Tunisia. It also has a 60% working interest in the Satu Mare concession covering an area of approximately 729,000 acres in northwest Romania. The company was incorporated in 1987 and is based in St. Helier, Jersey. Serinus Energy plc is a subsidiary of Kulczyk Investments, S.A.

Details
Name: Serinus Energy Plc
SENX
Exchange: AIM
Founded: 1987
PLN27,921,410
245,601,226
Website: http://www.serinusenergy.com
Address: Serinus Energy Plc
28 Esplanade,
St. Helier,
JE1 8SB,
Jersey
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
WSE SEN Common Shares Warsaw Stock Exchange PL PLN 25. May 2010
OTCPK SNUY.F Common Shares Pink Sheets LLC US USD 25. May 2010
AIM SENX Common Shares London Stock Exchange AIM Market GB GBP 25. May 2010
TSX SEN Common Shares The Toronto Stock Exchange CA CAD 25. May 2010
Number of employees
Current staff
Staff numbers
90
Serinus Energy employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/24 21:52
End of day share price update: 2019/04/24 00:00
Last estimates confirmation: 2019/03/22
Last earnings filing: 2019/03/21
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.