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Spitfire Oil

AIM:SRO
Snowflake Description

Flawless balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SRO
AIM
£712K
Market Cap
  1. Home
  2. GB
  3. Energy
Company description

Spitfire Oil Limited, a mining and investment company, produces fuels and distillates from the Salmon Gums Lignite deposits located in Western Australia. The last earnings update was 34 days ago. More info.


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  • Spitfire Oil has significant price volatility in the past 3 months.
SRO Share Price and Events
7 Day Returns
-8.3%
AIM:SRO
0.7%
GB Oil and Gas
1.2%
GB Market
1 Year Returns
-52.2%
AIM:SRO
16.8%
GB Oil and Gas
2.5%
GB Market
SRO Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Spitfire Oil (SRO) -8.3% 0% -31.3% -52.2% -15.4% -60.7%
GB Oil and Gas 0.7% 5.5% 10.5% 16.8% 46.9% -4.2%
GB Market 1.2% 5.3% 9.8% 2.5% 16.9% 6.7%
1 Year Return vs Industry and Market
  • SRO underperformed the Oil and Gas industry which returned 16.8% over the past year.
  • SRO underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 2.5% over the past year.
Price Volatility
SRO
Industry
5yr Volatility vs Market

SRO Value

 Is Spitfire Oil 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
  • It is not possible to calculate the future cash flow value for Spitfire Oil. This is due to cash flow or dividend data being unavailable. The share price is £0.0275.
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 Spitfire Oil's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Spitfire Oil's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:SRO PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$-0.05
AIM:SRO Share Price ** AIM (2019-04-25) in GBP £0.03
AIM:SRO Share Price converted to AUD reporting currency Exchange rate (GBP/ AUD) 1.841 A$0.05
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry PE Ratio Median Figure of 32 Publicly-Listed Oil and Gas Companies 10.07x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 797 Publicly-Listed Companies 16.3x

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

** Primary Listing of Spitfire Oil.

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

= AIM:SRO Share Price ÷ EPS (both in AUD)

= 0.05 ÷ -0.05

-1.06x

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

  • Spitfire Oil is loss making, we can't compare its value to the GB Oil and Gas industry average.
  • Spitfire Oil 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 Spitfire Oil's expected growth come at a high price?
Raw Data
AIM:SRO PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.06x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry PEG Ratio Median Figure of 19 Publicly-Listed Oil and Gas Companies 0.49x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 566 Publicly-Listed Companies 1.5x

*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 Spitfire Oil, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Spitfire Oil's assets?
Raw Data
AIM:SRO PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.11
AIM:SRO Share Price * AIM (2019-04-25) in GBP £0.03
AIM:SRO Share Price converted to AUD reporting currency Exchange rate (GBP/ AUD) 1.841 A$0.05
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry PB Ratio Median Figure of 102 Publicly-Listed Oil and Gas Companies 0.87x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,367 Publicly-Listed Companies 1.52x
AIM:SRO PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:SRO Share Price ÷ Book Value per Share (both in AUD)

= 0.05 ÷ 0.11

0.48x

* Primary Listing of Spitfire Oil.

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

  • Spitfire Oil is good value based on assets compared to the GB Oil and Gas industry average.
X
Value checks
We assess Spitfire Oil'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. Spitfire Oil has a total score of 1/6, 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.

SRO Future Performance

 How is Spitfire Oil expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Spitfire Oil 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 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
14.2%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Spitfire Oil expected to grow at an attractive rate?
  • Unable to compare Spitfire Oil's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Spitfire Oil's earnings growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
  • Unable to compare Spitfire Oil's revenue growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
AIM:SRO Future Growth Rates Data Sources
Data Point Source Value (per year)
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 11%
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:SRO Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:SRO Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 -1
2018-09-30 0 -1
2018-06-30 0 -1
2018-03-31 0 -3
2017-12-31 -1 -4
2017-09-30 0 -4
2017-06-30 0 -4
2017-03-31 0 -2
2016-12-31 0 -1
2016-09-30 0 -1
2016-06-30 0 -1
2016-03-31 0 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Spitfire Oil is high growth as no earnings estimate data is available.
  • Unable to determine if Spitfire Oil 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.
Raw Data
AIM:SRO 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 0 Analyst Estimates (S&P Global) See Below

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

AIM:SRO Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 -0.05
2018-09-30 -0.05
2018-06-30 -0.05
2018-03-31 -0.10
2017-12-31 -0.15
2017-09-30 -0.15
2017-06-30 -0.15
2017-03-31 -0.08
2016-12-31 -0.02
2016-09-30 -0.02
2016-06-30 -0.02
2016-03-31 -0.03

*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 Spitfire Oil will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Spitfire Oil's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Spitfire Oil's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. Spitfire Oil's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Spitfire Oil'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.
Spitfire Oil has a total score of 0/6, 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.

SRO Past Performance

  How has Spitfire Oil 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 Spitfire Oil'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.
  • Spitfire Oil does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Spitfire Oil's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Spitfire Oil's 1-year growth to the GB Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Spitfire Oil'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 Spitfire Oil Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:SRO Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -1.23 0.08
2018-09-30 -1.29 0.15
2018-06-30 -1.35 0.22
2018-03-31 -2.59 0.31
2017-12-31 -3.83 0.39
2017-09-30 -3.79 0.37
2017-06-30 -3.76 0.35
2017-03-31 -2.15 0.32
2016-12-31 -0.54 0.28
2016-09-30 -0.58 0.31
2016-06-30 -0.62 0.35
2016-03-31 -0.75 0.53
2015-12-31 -0.87 0.71
2015-09-30 -0.73 0.68
2015-06-30 -0.60 0.66
2015-03-31 -2.60 0.51
2014-12-31 -4.61 0.37
2014-09-30 -4.57 0.36
2014-06-30 -4.54 0.34
2014-03-31 -2.38 0.33
2013-12-31 -0.22 0.32
2013-09-30 -0.26 0.37
2013-06-30 -0.29 0.42
2013-03-31 -0.35 0.52
2012-12-31 -0.40 0.61
2012-09-30 -0.42 0.64
2012-06-30 -0.43 0.66

*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 Spitfire Oil has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Spitfire Oil 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 Spitfire Oil 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 Spitfire Oil'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.
Spitfire Oil 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.

SRO Health

 How is Spitfire Oil'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 Spitfire Oil's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Spitfire Oil is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Spitfire Oil has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Spitfire Oil'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.
  • Low level of unsold assets.
  • Spitfire Oil has no debt, it does not need to be covered by short term assets.
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 Spitfire Oil Company Filings, last reported 3 months ago.

AIM:SRO Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 2.74 0.00 2.25
2018-09-30 2.74 0.00 2.25
2018-06-30 3.07 0.00 2.56
2018-03-31 3.07 0.00 2.56
2017-12-31 3.98 0.00 2.67
2017-09-30 3.98 0.00 2.67
2017-06-30 4.42 0.00 3.17
2017-03-31 4.42 0.00 3.17
2016-12-31 7.81 0.00 3.57
2016-09-30 7.81 0.00 3.57
2016-06-30 8.18 0.00 3.84
2016-03-31 8.18 0.00 3.84
2015-12-31 8.34 0.00 3.98
2015-09-30 8.34 0.00 3.98
2015-06-30 8.80 0.00 4.43
2015-03-31 8.80 0.00 4.43
2014-12-31 9.22 0.00 4.68
2014-09-30 9.22 0.00 4.68
2014-06-30 9.40 0.00 5.05
2014-03-31 9.40 0.00 5.05
2013-12-31 13.84 0.00 6.83
2013-09-30 13.84 0.00 6.83
2013-06-30 15.50 0.00 7.11
2013-03-31 15.50 0.00 7.11
2012-12-31 15.60 0.00 7.22
2012-09-30 15.60 0.00 7.22
2012-06-30 15.75 0.00 7.37
  • Spitfire Oil has no debt.
  • Spitfire Oil has not taken on any debt in the past 5 years.
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.

  • Spitfire Oil has sufficient cash runway for more than 3 years based on current free cash flow.
  • Spitfire Oil has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -0.6% each year.
X
Financial health checks
We assess Spitfire Oil'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. Spitfire Oil has a total score of 6/6, 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.

SRO Dividends

 What is Spitfire Oil'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 Spitfire Oil dividends.
If you bought £2,000 of Spitfire Oil 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 Spitfire Oil's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Spitfire Oil'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:SRO 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 0 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 4.2%
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.

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

  • Unable to perform a dividend volatility check as Spitfire Oil has not reported any payouts.
  • Unable to verify if Spitfire Oil's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Spitfire Oil's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Spitfire Oil 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 Spitfire Oil'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 Spitfire Oil afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Spitfire Oil 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.

SRO Management

 What is the CEO of Spitfire Oil'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.
  • Spitfire Oil has no CEO, or we have no data on them.
Management Team

Catharine Lymberry

TITLE
Company Secretary
Board of Directors Tenure

Average tenure and age of the Spitfire Oil board of directors in years:

11.8
Average Tenure
66
Average Age
  • The average tenure for the Spitfire Oil board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Mladen Ninkov

TITLE
Non-Executive Chairman
AGE
57

Roger Goodwin

TITLE
Non-executive Director
COMPENSATION
A$15K
AGE
63
TENURE
11.8 yrs

Rupert Ashton Crowe

TITLE
Non-executive Director
COMPENSATION
A$15K
AGE
69
TENURE
11.8 yrs

Mal Randall

TITLE
Non-Executive Director
COMPENSATION
A$15K
AGE
73
TENURE
11.8 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 (£)
X
Management checks
We assess Spitfire Oil'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. Spitfire Oil 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.

SRO News

Simply Wall St News

Investors Who Bought Spitfire Oil (LON:SRO) Shares Five Years Ago Are Now Down 52%

To wit, the Spitfire Oil Limited (LON:SRO) share price managed to fall 52% over five long years. … Spitfire Oil hasn't yet reported any revenue yet, so it's as much a business idea as a business. … But with the share price diving 14% per year, over 5 years, it could be that the price was previously too hyped up.

Simply Wall St -

Before You Buy Spitfire Oil Limited (LON:SRO), Consider Its Volatility

Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market. … In comparison a stock with a beta of over one tends to be move in a similar direction to the market in the long term, but with greater changes in price.

Simply Wall St -

Shareholders Should Check If Insiders Own Shares In Spitfire Oil Limited (LON:SRO)

The big shareholder groups in Spitfire Oil Limited (LON:SRO) have power over the company. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … Spitfire Oil is a smaller company with a market capitalization of UK£1.5m, so it may still be flying under the radar of many institutional investors.

Simply Wall St -

What You Must Know About Spitfire Oil Limited's (LON:SRO) Market Risks

If you are a shareholder in Spitfire Oil Limited’s (LON:SRO), or are thinking about investing in the company, knowing how it contributes to the risk and reward profile of your portfolio is important. … Generally, an investor should consider two types of risk that impact the market value of SRO. … The second type is market risk, one that you cannot diversify away, since it arises from macroeconomic factors which directly affects all the stocks in the market.

Simply Wall St -

Should You Be Concerned About Spitfire Oil Limited's (LON:SRO) Shareholders?

In this article, I will take a quick look at Spitfire Oil Limited’s (AIM:SRO) recent ownership structure – an unconventional investing subject, but an important one. … Broadly, insider ownership of this level has been found to negatively affect companies with consistently low PE ratio (underperforming). … Another aspect of insider ownership is to learn about their recent transactions.

Simply Wall St -

Should You Be Concerned About Spitfire Oil Limited's (LON:SRO) Risks?

See our latest analysis for Spitfire Oil An interpretation of SRO's beta Spitfire Oil's beta of 0.95 indicates that the stock value will be less variable compared to the whole stock market. … SRO's beta implies it may be a stock that investors with high-beta portfolios might find relevant if they wanted to reduce their exposure to market risk, especially during times of downturns. … A market capitalisation of UK£1.68M puts SRO in the category of small-cap stocks, which tends to possess higher beta than larger companies.

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Is Spitfire Oil Limited (LON:SRO) Cheap And High Growth?

View our latest analysis for Spitfire Oil What’s the catalyst for Spitfire Oil's sector growth? … AIM:SRO Past Future Earnings Feb 8th 18 Over the past couple of years, the energy sector delivered a disappointing 40% negative growth rate, driven by the oil price collapse. … However, recently the sector saw a reversal in the downturn, and in the past year, the industry turnaround delivered growth in the twenties, beating the UK market growth of 12.33%.

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Should You Be Concerned About Spitfire Oil Limited's (LON:SRO) Shareholders?

Ownership structure of a company has been found to affect share performance over time. … View our latest analysis for Spitfire Oil AIM:SRO Ownership_summary Dec 15th 17 Insider Ownership Insiders form another group of important ownership types as they manage the company's operations and decide the best use of capital. … Broadly, insider ownership of this level has been found to negatively affect companies with consistently low PE ratio (underperforming).

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One Thing To Consider Before Buying Spitfire Oil Limited (AIM:SRO)

SRO's beta implies it may be a stock that investors with high-beta portfolios might find relevant if they wanted to reduce their exposure to market risk, especially during times of downturns. … SRO, with its market capitalisation of GBP £1.78M, is a small-cap stock, which generally have higher beta than similar companies of larger size. … Therefore, this is a type of risk which is associated with higher beta.

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Are You Backing The Right Horse With Spitfire Oil Limited (AIM:SRO)?

However, recently the sector saw a reversal in the downturn, and in the past year, the industry turnaround delivered growth of over 50%, beating the UK market growth of 11.30%. … AIM:SRO PE PEG Gauge Nov 8th 17 The oil and gas industry is trading at a PE ratio of 14x, in-line with the UK stock market PE of 19x. … Although its growth has delivered lower growth relative to its oil and gas peers in the near term, the market may be pessimistic on the stock, leading to a potential undervaluation.

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SRO Company Info

Description

Spitfire Oil Limited, a mining and investment company, produces fuels and distillates from the Salmon Gums Lignite deposits located in Western Australia. The company was incorporated in 2007 and is based in Perth, Australia.

Details
Name: Spitfire Oil Limited
SRO
Exchange: AIM
Founded: 2007
£711,810
25,884,001
Website: http://www.spitfireoil.com
Address: Spitfire Oil Limited
BGC Centre,
Level 9,
Perth,
Western Australia, 6000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM SRO Ordinary Shares London Stock Exchange AIM Market GB GBP 18. Jul 2007
DB 32S Ordinary Shares Deutsche Boerse AG DE EUR 18. Jul 2007
Number of employees
Current staff
Staff numbers
0
Spitfire Oil employees.
Industry
Coal and Consumable Fuels
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/25 21:19
End of day share price update: 2019/04/25 00:00
Last earnings filing: 2019/03/22
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


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.