LSE:AEX

Stock Analysis Report

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Executive Summary

Aminex PLC, together with its subsidiaries, engages in the exploration, appraisal, development, and production of oil and gas properties.


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has Aminex's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: AEX's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

11.8%

AEX

14.0%

GB Oil and Gas

5.5%

GB Market


1 Year Return

15.2%

AEX

-26.5%

GB Oil and Gas

-9.2%

GB Market

Return vs Industry: AEX exceeded the UK Oil and Gas industry which returned -28.4% over the past year.

Return vs Market: AEX exceeded the UK Market which returned -9.5% over the past year.


Shareholder returns

AEXIndustryMarket
7 Day11.8%14.0%5.5%
30 Day13.1%17.9%10.8%
90 Day18.8%-1.2%-0.4%
1 Year15.2%15.2%-22.1%-26.5%-4.8%-9.2%
3 Year-74.0%-74.0%7.8%-6.6%-0.8%-12.9%
5 Year-55.8%-55.8%18.3%-5.9%18.1%-8.2%

Price Volatility Vs. Market

How volatile is Aminex's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Aminex undervalued compared to its fair value and its price relative to the market?

0.96x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate AEX's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate AEX's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: AEX is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.

PE vs Market: AEX 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 AEX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: AEX is overvalued based on its PB Ratio (1x) compared to the GB Oil and Gas industry average (0.5x).


Next Steps

Future Growth

How is Aminex forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

56.2%

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 Aminex 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.


Next Steps

Past Performance

How has Aminex performed over the past 5 years?

-56.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AEX is currently unprofitable.

Growing Profit Margin: AEX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AEX is unprofitable, and losses have increased over the past 5 years at a rate of -56.7% per year.

Accelerating Growth: Unable to compare AEX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: AEX is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-2.2%).


Return on Equity

High ROE: AEX has a negative Return on Equity (-32.57%), as it is currently unprofitable.


Next Steps

Financial Health

How is Aminex's financial position?


Financial Position Analysis

Short Term Liabilities: AEX's short term assets ($8.6M) do not cover its short term liabilities ($11.7M).

Long Term Liabilities: AEX's short term assets ($8.6M) exceed its long term liabilities ($1.0M).


Debt to Equity History and Analysis

Debt Level: AEX is debt free.

Reducing Debt: AEX has no debt compared to 5 years ago when its debt to equity ratio was 11.6%.


Balance Sheet


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: AEX has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: AEX has less than a year of cash runway if free cash flow continues to grow at historical rates of 9.9% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate AEX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate AEX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if AEX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AEX'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 AEX's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.7yrs

Average management tenure


CEO

Robert Ambrose (59yo)

0.17

Tenure

US$15,000

Compensation

Mr. Robert Ambrose has been Interim Chief Executive Officer of Aminex PLC since April 27, 2020 and its Executive Director since September 5, 2019. Mr. Ambrose serves as the Chief Operating Officer of Energ ...


Leadership Team

NamePositionTenureCompensationOwnership
Robert Ambrose
Interim CEO & Executive Director0.17yrUS$15.00k0.046% $16.3k
John Arthur
Chief Financial Officer0.58yrno datano data
Aaron LeBlanc
Chief Operating Officer2.83yrsno datano data
Brian Cassidy
General Counsel & Company Secretary2.75yrsno datano data

1.7yrs

Average Tenure

Experienced Management: AEX's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Robert Ambrose
Interim CEO & Executive Director0.17yrUS$15.00k0.046% $16.3k
Jan Opsal
Non-Executive Director0.083yrno datano data
John Bell
Independent Chairman1.33yrsUS$73.00k0.027% $9.8k
Linda Beal
Senior Independent Non-Executive Director1.08yrsUS$44.00k0.027% $9.8k
Harald van Dongen
Non-Executive Director0.083yrno datano data

0.8yrs

Average Tenure

55.5yo

Average Age

Experienced Board: AEX's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Aminex PLC's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Aminex PLC
  • Ticker: AEX
  • Exchange: LSE
  • Founded:
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: UK£35.822m
  • Shares outstanding: 3.77b
  • Website: https://www.aminex-plc.com

Number of Employees


Location

  • Aminex PLC
  • Sandyford Business Park
  • Corrig Road
  • Dublin
  • Co. Dublin
  • 18
  • Ireland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AEXF.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1992
AEXLSE (London Stock Exchange)YesOrdinary SharesGBGBPJan 1992
DOPBST (Boerse-Stuttgart)YesOrdinary SharesDEEURJan 1992
AEXLBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBGBPJan 1992

Biography

Aminex PLC, together with its subsidiaries, engages in the exploration, appraisal, development, and production of oil and gas properties. The company operates through Producing Oil and Gas Properties, Exploration Activities, and Oilfield Services segments. Its properties include the Ruvuma PSA, Kiliwani South, and Nyuni Area PSA exploration licenses located in primarily in Tanzania. The company also provides technical oilfield and administrative services. Aminex PLC is based in Dublin, Ireland. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/05 09:47
End of Day Share Price2020/06/04 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.