Interoil Exploration and Production ASA

LSE:0EVE Stock Report

Market Cap: NOK 50.3m

Interoil Exploration and Production Valuation

Is 0EVE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 0EVE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0EVE (NOK4.01) is trading above our estimate of fair value (NOK1.88)

Significantly Below Fair Value: 0EVE is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0EVE?

Key metric: As 0EVE is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 0EVE. This is calculated by dividing 0EVE's market cap by their current revenue.
What is 0EVE's PS Ratio?
PS Ratio0.2x
SalesUS$23.92m
Market CapUS$4.61m

Price to Sales Ratio vs Peers

How does 0EVE's PS Ratio compare to its peers?

The above table shows the PS ratio for 0EVE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average12.8x
BLOE Block Energy
0.7xn/aUK£4.7m
ZEN Zenith Energy
5.3xn/aUK£5.3m
ADME ADM Energy
43xn/aUK£2.7m
EOG Europa Oil & Gas (Holdings)
2xn/aUK£7.0m
0EVE Interoil Exploration and Production
0.2xn/aNOK 50.3m

Price-To-Sales vs Peers: 0EVE is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (8.1x).

Price to Sales Ratio vs Industry

How does 0EVE's PS Ratio compare vs other companies in the GB Oil and Gas Industry?

12 CompaniesPrice / SalesEstimated GrowthMarket Cap
Industry Avg.1.4x-2.0%
0EVE Interoil Exploration and Production
 0.2xn/aUS$4.61m
ROSN Rosneft Oil
0.1xn/aUS$21.03b
TLW Tullow Oil
0.3x-6.1%US$426.41m
0EVE 0.2xIndustry Avg. 1.4xNo. of Companies11PS01.22.43.64.86+
12 CompaniesEstimated GrowthMarket Cap
Industry Avg.1.4x11.3%
0EVE Interoil Exploration and Production
 0.2xn/aUS$4.61m
No more companies

Price-To-Sales vs Industry: 0EVE is good value based on its Price-To-Sales Ratio (0.2x) compared to the UK Oil and Gas industry average (0.9x).

Price to Sales Ratio vs Fair Ratio

What is 0EVE's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

0EVE PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.2x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 0EVE's Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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