LSE:JKX

Stock Analysis Report

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Executive Summary

JKX Oil & Gas plc, through its subsidiaries, engages in the exploration, appraisal, development, and production of oil and gas reserves. More Details


Snowflake Analysis

Undervalued with excellent balance sheet.


Similar Companies

Share Price & News

How has JKX Oil & Gas's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: JKX is more volatile than 75% of UK stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: JKX's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of UK stocks.


Market Performance


7 Day Return

-20.8%

JKX

-4.6%

GB Oil and Gas

-0.5%

GB Market


1 Year Return

3.1%

JKX

-26.1%

GB Oil and Gas

-8.2%

GB Market

Return vs Industry: JKX exceeded the UK Oil and Gas industry which returned -26.1% over the past year.

Return vs Market: JKX exceeded the UK Market which returned -8.2% over the past year.


Shareholder returns

JKXIndustryMarket
7 Day-20.8%-4.6%-0.5%
30 Day-1.7%10.6%3.0%
90 Day15.7%34.1%14.1%
1 Year3.1%3.1%-22.0%-26.1%-4.5%-8.2%
3 Year59.5%59.5%-8.8%-21.4%3.7%-9.0%
5 Year15.7%15.7%45.9%14.0%42.1%14.4%

Long-Term Price Volatility Vs. Market

How volatile is JKX Oil & Gas's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is JKX Oil & Gas undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: JKX (£0.3) is trading below our estimate of fair value (£2.2)

Significantly Below Fair Value: JKX is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: JKX is good value based on its PE Ratio (3.5x) compared to the GB Oil and Gas industry average (13.7x).

PE vs Market: JKX is good value based on its PE Ratio (3.5x) compared to the UK market (22.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate JKX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: JKX is good value based on its PB Ratio (0.4x) compared to the GB Oil and Gas industry average (0.9x).


Next Steps

Future Growth

How is JKX Oil & Gas forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

61.5%

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 JKX Oil & Gas 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 JKX Oil & Gas performed over the past 5 years?

71.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JKX has a large one-off gain of $9.6M impacting its June 30 2020 financial results.

Growing Profit Margin: JKX's current net profit margins (26.6%) are higher than last year (16.5%).


Past Earnings Growth Analysis

Earnings Trend: JKX has become profitable over the past 5 years, growing earnings by 71.8% per year.

Accelerating Growth: JKX's earnings growth over the past year (66.8%) is below its 5-year average (71.8% per year).

Earnings vs Industry: JKX earnings growth over the past year (66.8%) exceeded the Oil and Gas industry -55.7%.


Return on Equity

High ROE: JKX's Return on Equity (11.7%) is considered low.


Next Steps

Financial Health

How is JKX Oil & Gas's financial position?


Financial Position Analysis

Short Term Liabilities: JKX's short term assets ($25.6M) do not cover its short term liabilities ($36.6M).

Long Term Liabilities: JKX's short term assets ($25.6M) exceed its long term liabilities ($17.5M).


Debt to Equity History and Analysis

Debt Level: JKX is debt free.

Reducing Debt: JKX has no debt compared to 5 years ago when its debt to equity ratio was 12.2%.

Debt Coverage: JKX has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: JKX has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is JKX Oil & Gas's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate JKX'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 JKX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if JKX's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: JKX is not paying a notable dividend for the UK market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of JKX'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?

1.3yrs

Average board tenure


CEO

Victor Gladun

1.25yrs

Tenure

US$865,924

Compensation

Mr. Victor Gladun serves as Executive Director at JKX Oil & Gas plc since May 23, 2019 and has been its Chief Executive Officer since October 2019. Mr. Gladun serves as General Director of Ukraine at JKX O...


CEO Compensation Analysis

Compensation vs Market: Victor's total compensation ($USD865.92K) is above average for companies of similar size in the UK market ($USD335.68K).

Compensation vs Earnings: Insufficient data to compare Victor's compensation with company performance.


Board Members

NamePositionTenureCompensationOwnership
Victor Gladun
CEO, General Director of Ukraine & Executive Director1.25yrsUS$865.92kno data
Charles Valceschini
Independent Chairman of the Board1.33yrsUS$53.00kno data
Antonio Alves
Senior Independent Director1.33yrsUS$31.00kno data
Rashid Javanshir
Independent Non-Executive Director1.33yrsUS$26.00kno data
Michael Bakunenko
Non-Executive Director3.08yrsUS$2.00kno data

1.3yrs

Average Tenure

Experienced Board: JKX's board of directors are not considered experienced ( 1.3 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 been diluted in the past year, with total shares outstanding growing by 3%.


Top Shareholders

Company Information

JKX Oil & Gas plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: JKX Oil & Gas plc
  • Ticker: JKX
  • Exchange: LSE
  • Founded: 1995
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: UK£50.658m
  • Shares outstanding: 171.72m
  • Website: https://www.jkx.co.uk

Number of Employees


Location

  • JKX Oil & Gas plc
  • 6 Cavendish Square
  • London
  • Greater London
  • W1G 0PD
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JKXDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJul 1995
JKXLSE (London Stock Exchange)YesOrdinary SharesGBGBPJul 1995

Biography

JKX Oil & Gas plc, through its subsidiaries, engages in the exploration, appraisal, development, and production of oil and gas reserves. The company holds interests in various properties located in Ukraine...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/23 01:54
End of Day Share Price2021/01/22 00:00
Earnings2020/06/30
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.