Maha Energy AB (publ)

LSE:0GEA Stock Report

Market Cap: SEK 1.1b

Maha Energy Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • 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 0GEA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 0GEA's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 0GEA's fair value for valuation analysis.

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for 0GEA. This is calculated by dividing 0GEA's market cap by their current revenue.
What is 0GEA's PS Ratio?
PS Ratio16.8x
SalesUS$5.72m
Market CapUS$96.27m

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for 0GEA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.4x
ENW Enwell Energy
1.8x-0.2%UK£69.3m
KIST Kistos Holdings
0.5x12.0%UK£85.8m
PHAR Pharos Energy
0.9x-7.1%UK£97.2m
CASP Caspian Sunrise
2.4x-11.2%UK£72.2m
0GEA Maha Energy
16.8x9.1%SEK 1.1b

Price-To-Sales vs Peers: 0GEA is expensive based on its Price-To-Sales Ratio (16.8x) compared to the peer average (1.4x).

Price to Sales Ratio vs Industry

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

12 CompaniesPrice / SalesEstimated GrowthMarket Cap
ROSN Rosneft Oil
0.1xn/aUS$21.03b
TLW Tullow Oil
0.2x-6.8%US$360.19m
ENQ EnQuest
0.2x-9.5%US$263.93m
NWF NWF Group
0.08x4.8%US$94.83m
0GEA 16.8xIndustry Avg. 1.3xNo. of Companies12PS01.22.43.64.86+
12 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 0GEA is expensive based on its Price-To-Sales Ratio (16.8x) compared to the UK Oil and Gas industry average (1.3x).

Price to Sales Ratio vs Fair Ratio

What is 0GEA'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.

0GEA PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio16.8x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 0GEA'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?

The above table shows the analyst 0GEA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
SEK 9.06
0%
0.5%SEK 9.10SEK 9.01n/a2
Dec ’25SEK 6.70
SEK 9.06
+35.2%
0.5%SEK 9.10SEK 9.01n/a2
Nov ’25n/a
SEK 10.36
0%
22.7%SEK 12.70SEK 8.01n/a2
Oct ’25n/a
SEK 11.66
0%
7.3%SEK 12.51SEK 10.81n/a2
Sep ’25SEK 8.28
SEK 11.66
+40.8%
7.3%SEK 12.51SEK 10.81n/a2
Aug ’25SEK 8.09
SEK 12.38
+53.0%
15.1%SEK 15.01SEK 10.90n/a3
Jul ’25SEK 8.65
SEK 12.41
+43.5%
14.8%SEK 14.99SEK 10.95n/a3
Jun ’25n/a
SEK 12.45
0%
14.3%SEK 14.97SEK 11.02n/a3
May ’25SEK 8.91
SEK 12.74
+43.0%
12.6%SEK 15.00SEK 11.60n/a3
Apr ’25SEK 8.07
SEK 12.44
+54.3%
14.7%SEK 15.02SEK 11.15n/a3
Mar ’25SEK 7.95
SEK 13.26
+66.9%
17.1%SEK 16.37SEK 10.99n/a3
Feb ’25SEK 8.40
SEK 13.44
+60.0%
16.4%SEK 16.46SEK 11.28n/a3
Jan ’25SEK 9.99
SEK 12.12
+21.3%
4.8%SEK 12.70SEK 11.53n/a2
Dec ’24SEK 9.20
SEK 12.12
+31.8%
4.8%SEK 12.70SEK 11.53SEK 6.702
Nov ’24SEK 9.41
SEK 12.46
+32.5%
7.8%SEK 13.44SEK 11.49n/a2
Oct ’24SEK 8.42
SEK 12.05
+43.1%
8.7%SEK 13.09SEK 11.00n/a2
Sep ’24SEK 9.06
SEK 12.05
+33.0%
8.7%SEK 13.09SEK 11.00SEK 8.282
Jun ’24SEK 8.80
SEK 18.49
+110.1%
21.5%SEK 22.48SEK 14.51n/a2
May ’24SEK 9.50
SEK 18.49
+94.6%
21.5%SEK 22.48SEK 14.51SEK 8.912
Apr ’24SEK 9.88
SEK 18.49
+87.1%
21.5%SEK 22.48SEK 14.51SEK 8.072
Mar ’24SEK 9.59
SEK 18.49
+92.9%
21.5%SEK 22.48SEK 14.51SEK 7.952
Feb ’24SEK 9.21
SEK 18.49
+100.8%
21.5%SEK 22.48SEK 14.51SEK 8.402
Jan ’24SEK 8.57
SEK 22.51
+162.6%
2.3%SEK 23.02SEK 21.99SEK 9.992
Dec ’23SEK 10.14
SEK 22.51
+122.0%
2.3%SEK 23.02SEK 21.99SEK 9.202

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 13:42
End of Day Share Price 2024/12/13 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Maha Energy AB (publ) is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sander NilsenFearnley Securities
Johan SpetzPareto Securities
Markus AlmerudPenser Access