GEEC Stock Overview
Great Eastern Energy Corporation Limited engages in exploring, developing, extracting, distributing, and marketing coal bed methane and compressed natural gas in India.
Great Eastern Energy Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£0.20|
|52 Week High||UK£0.45|
|52 Week Low||UK£0.095|
|1 Month Change||-23.08%|
|3 Month Change||-48.72%|
|1 Year Change||45.46%|
|3 Year Change||-62.62%|
|5 Year Change||-34.43%|
|Change since IPO||-82.21%|
Recent News & Updates
Great Eastern Energy (LON:GEEC) Is Experiencing Growth In Returns On Capital
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
Does Great Eastern Energy (LON:GEEC) Have A Healthy Balance Sheet?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Returns Are Gaining Momentum At Great Eastern Energy (LON:GEEC)
What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Is Great Eastern Energy (LON:GEEC) Using Too Much Debt?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
|GEEC||GB Oil and Gas||GB Market|
Return vs Industry: GEEC exceeded the UK Oil and Gas industry which returned 15.7% over the past year.
Return vs Market: GEEC exceeded the UK Market which returned -3.8% over the past year.
|GEEC Average Weekly Movement||7.9%|
|Oil and Gas Industry Average Movement||10.0%|
|Market Average Movement||6.1%|
|10% most volatile stocks in GB Market||11.7%|
|10% least volatile stocks in GB Market||3.1%|
Stable Share Price: GEEC is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: GEEC's weekly volatility (8%) has been stable over the past year.
About the Company
Great Eastern Energy Corporation Limited engages in exploring, developing, extracting, distributing, and marketing coal bed methane and compressed natural gas in India. It owns interests in the Raniganj (South) block that covers an area of approximately 210 square kilometers located in West Bengal; and Mannargudi block, which covers an area of approximately 667 square kilometers in Mannargudi, Tamil Nadu. The company was incorporated in 1992 and is based in Gurugram, India.
Great Eastern Energy Fundamentals Summary
|GEEC fundamental statistics|
Is GEEC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GEEC income statement (TTM)|
|Cost of Revenue||US$1.16m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.023|
|Net Profit Margin||10.00%|
How did GEEC perform over the long term?See historical performance and comparison
Is Great Eastern Energy undervalued compared to its fair value and its price relative to the market?
Valuation Score 4/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GEEC (£0.2) is trading below our estimate of fair value (£0.69)
Significantly Below Fair Value: GEEC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GEEC is poor value based on its PE Ratio (10.8x) compared to the UK Oil and Gas industry average (10.3x).
PE vs Market: GEEC is good value based on its PE Ratio (10.8x) compared to the UK market (15.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GEEC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GEEC is good value based on its PB Ratio (0.3x) compared to the GB Oil and Gas industry average (1.1x).
How is Great Eastern Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 Great Eastern Energy 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.
How has Great Eastern Energy performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GEEC has high quality earnings.
Growing Profit Margin: GEEC's current net profit margins (10%) are lower than last year (14.3%).
Past Earnings Growth Analysis
Earnings Trend: GEEC has become profitable over the past 5 years, growing earnings by 37.5% per year.
Accelerating Growth: GEEC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GEEC had negative earnings growth (-33.8%) over the past year, making it difficult to compare to the Oil and Gas industry average (344.7%).
Return on Equity
High ROE: GEEC's Return on Equity (3%) is considered low.
How is Great Eastern Energy's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: GEEC's short term assets ($8.9M) do not cover its short term liabilities ($12.2M).
Long Term Liabilities: GEEC's short term assets ($8.9M) do not cover its long term liabilities ($49.4M).
Debt to Equity History and Analysis
Debt Level: GEEC's net debt to equity ratio (55.1%) is considered high.
Reducing Debt: GEEC's debt to equity ratio has reduced from 118.3% to 61.4% over the past 5 years.
Debt Coverage: GEEC's debt is well covered by operating cash flow (26.1%).
Interest Coverage: GEEC's interest payments on its debt are not well covered by EBIT (1.5x coverage).
What is Great Eastern Energy current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GEEC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GEEC'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 GEEC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GEEC's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as GEEC has not reported any payouts.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Prashant Modi (48 yo)
Mr. Prashant Modi has been the Managing Director and Chief Executive Officer of Great Eastern Energy Corporation Limited since September 22, 2015. He served as the President and Chief Operating Officer...
Experienced Board: GEEC's board of directors are seasoned and experienced ( 10.1 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.
Great Eastern Energy Corporation Limited's employee growth, exchange listings and data sources
- Name: Great Eastern Energy Corporation Limited
- Ticker: GEEC
- Exchange: LSE
- Founded: 1992
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Implied Market Cap: UK£23.825m
- Shares outstanding: 119.12m
- Website: https://www.geecl.com
- Great Eastern Energy Corporation Limited
- Signature Towers - A
- 14th Floor
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/15 00:00|
|End of Day Share Price||2022/05/13 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.