Zoltav Resources Inc. acquires, explores for, develops, and produces hydrocarbons in Russia.
Imperfect balance sheet with weak fundamentals.
Share Price & News
How has Zoltav Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ZOL's share price has been volatile over the past 3 months.
7 Day Return
GB Oil and Gas
1 Year Return
GB Oil and Gas
Return vs Industry: ZOL exceeded the UK Oil and Gas industry which returned -42.4% over the past year.
Return vs Market: ZOL exceeded the UK Market which returned -23% over the past year.
Price Volatility Vs. Market
How volatile is Zoltav Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StIntroducing Zoltav Resources (LON:ZOL), The Stock That Slid 63% In The Last Five Years
2 months ago | Simply Wall StIs Zoltav Resources (LON:ZOL) Using Too Much Debt?
4 months ago | Simply Wall StAnnouncing: Zoltav Resources (LON:ZOL) Stock Increased An Energizing 277% In The Last Year
Is Zoltav Resources undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: ZOL (£0.2) is trading above our estimate of fair value (£0.04)
Significantly Below Fair Value: ZOL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ZOL is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: ZOL 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 ZOL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ZOL is overvalued based on its PB Ratio (0.5x) compared to the GB Oil and Gas industry average (0.4x).
How is Zoltav Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Energy industry annual growth in earnings
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 Zoltav Resources 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 SimplyWall St do have past financial data.
- Take a look at our analysis of ZOL’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Zoltav Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
How has Zoltav Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ZOL is currently unprofitable.
Growing Profit Margin: ZOL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ZOL is unprofitable, and losses have increased over the past 5 years at a rate of -52.9% per year.
Accelerating Growth: Unable to compare ZOL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ZOL is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (38.2%).
Return on Equity
High ROE: ZOL has a negative Return on Equity (-2.73%), as it is currently unprofitable.
How is Zoltav Resources's financial position?
Financial Position Analysis
Short Term Liabilities: ZOL's short term assets (RUB468.9M) do not cover its short term liabilities (RUB1.6B).
Long Term Liabilities: ZOL's short term assets (RUB468.9M) do not cover its long term liabilities (RUB893.5M).
Debt to Equity History and Analysis
Debt Level: ZOL's debt to equity ratio (25.6%) is considered satisfactory.
Reducing Debt: ZOL's debt to equity ratio has reduced from 31.9% to 25.6% over the past 5 years.
Inventory Level: ZOL has a high level of physical assets or inventory.
Debt Coverage by Assets: ZOL's debt is not covered by short term assets (assets are 0.4x 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: Insufficient data to determine if ZOL has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ZOL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Zoltav Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ZOL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate ZOL'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 ZOL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ZOL'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 ZOL's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Tigran Tagvoryan has been the Chief Executive Officer of Zoltav Resources Inc. since April 1, 2019. Mr. Tagvoryan joined Zoltav as Deputy Chief Executive Officer in November 2018. He has significant se ...
|Independent Non-Executive Director||4.42yrs||₽2.01m||no data|
|Non-Executive Director||4.42yrs||no data||no data|
|Independent Non-Executive Chairman & Senior Independent Director||3yrs||₽6.29m||no data|
Experienced Board: ZOL's board of directors are considered experienced (4.4 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Zoltav Resources Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Zoltav Resources Inc.
- Ticker: ZOL
- Exchange: AIM
- Founded: 2003
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: UK£28.391m
- Shares outstanding: 141.96m
- Website: https://www.zoltav.com
Number of Employees
- Zoltav Resources Inc.
- Willow House
- Cricket Square
- Grand Cayman
- Grand Cayman
- Cayman Islands
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ZOL||AIM (London Stock Exchange AIM Market)||Yes||New Ordinary Shares||GB||GBP||Jul 2013|
|CXC1||BST (Boerse-Stuttgart)||Yes||New Ordinary Shares||DE||EUR||Jul 2013|
Zoltav Resources Inc. acquires, explores for, develops, and produces hydrocarbons in Russia. The company holds interests in the Bortovoy license covering an area of 3,215 square kilometers with proved plus probable reserves of 750 billion cubic feet of gas, and 3.9 million barrels of oil and condensate located in the Saratov region of south western Russia. It also owns interests in the Koltogor exploration and production license containing the Koltogor oil field covering an area of 528 square kilometers with proved plus probable reserves of 79.2 million barrels of oil equivalent located in the Khantiy-Mansisk Autonomous Okrug of Western Siberia; and the Koltogor exploration and production license 10 containing the West Koltogor oil field covering an area of 167 square kilometers. Zoltav Resources Inc. was incorporated in 2003 and is based in Grand Cayman, the Cayman Islands.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/31 22:45|
|End of Day Share Price||2020/03/31 00:00|
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.