PHAR Stock Overview
Pharos Energy plc engages in the exploration, development, and production of oil and gas properties.
Pharos Energy Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£0.23|
|52 Week High||UK£0.33|
|52 Week Low||UK£0.18|
|1 Month Change||-4.17%|
|3 Month Change||13.02%|
|1 Year Change||11.65%|
|3 Year Change||-63.49%|
|5 Year Change||-80.83%|
|Change since IPO||-61.83%|
Recent News & Updates
Does Pharos Energy (LON:PHAR) Have A Healthy Balance Sheet?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
|PHAR||GB Oil and Gas||GB Market|
Return vs Industry: PHAR exceeded the UK Oil and Gas industry which returned -12.4% over the past year.
Return vs Market: PHAR exceeded the UK Market which returned -13% over the past year.
|PHAR Average Weekly Movement||7.0%|
|Oil and Gas Industry Average Movement||9.3%|
|Market Average Movement||5.5%|
|10% most volatile stocks in GB Market||10.7%|
|10% least volatile stocks in GB Market||2.9%|
Stable Share Price: PHAR is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: PHAR's weekly volatility (7%) has been stable over the past year.
About the Company
Pharos Energy plc engages in the exploration, development, and production of oil and gas properties. The company holds a 30.5% working interest in the Te Giac Trang Field of Block 16-1 located in the shallow water Cuu Long Basin, as well as a 25% working interest in the Ca Ngu Vang field of Block 9-2 located in the shallow water Cuu Long Basin, offshore southern Vietnam; a 70% interest in the Blocks 125 & 126 located in the Phu Khanh Basin, offshore central Vietnam; and a 100% working interest in the onshore El Fayum concession in the Western Desert, Egypt. It also holds a 33.33 % working interest in eight licenses located in Israel.
Pharos Energy Fundamentals Summary
|PHAR fundamental statistics|
Is PHAR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PHAR income statement (TTM)|
|Cost of Revenue||US$108.50m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
Oct 27, 2022
|Earnings per share (EPS)||0.10|
|Net Profit Margin||25.01%|
How did PHAR perform over the long term?See historical performance and comparison
Is PHAR undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for PHAR?
Other financial metrics that can be useful for relative valuation.
|What is PHAR's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does PHAR's PE Ratio compare to its peers?
|PHAR PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
ENW Enwell Energy
IGAS IGas Energy
TRIN Trinity Exploration & Production
EDR Egdon Resources
PHAR Pharos Energy
Price-To-Earnings vs Peers: PHAR is good value based on its Price-To-Earnings Ratio (2.6x) compared to the peer average (16.8x).
Price to Earnings Ratio vs Industry
How does PHAR's PE Ratio compare vs other companies in the GB Oil and Gas Industry?
Price-To-Earnings vs Industry: PHAR is good value based on its Price-To-Earnings Ratio (2.6x) compared to the UK Oil and Gas industry average (5.3x)
Price to Earnings Ratio vs Fair Ratio
What is PHAR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||2.6x|
|Fair PE Ratio||3.8x|
Price-To-Earnings vs Fair Ratio: PHAR is good value based on its Price-To-Earnings Ratio (2.6x) compared to the estimated Fair Price-To-Earnings Ratio (3.8x).
Share Price vs Fair Value
What is the Fair Price of PHAR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: PHAR (£0.23) is trading below our estimate of fair value (£1.1)
Significantly Below Fair Value: PHAR is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.
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How is Pharos Energy forecast to perform in the next 1 to 3 years based on estimates from 3 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 annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PHAR's earnings are forecast to decline over the next 3 years (-42.3% per year).
Earnings vs Market: PHAR's earnings are forecast to decline over the next 3 years (-42.3% per year).
High Growth Earnings: PHAR's earnings are forecast to decline over the next 3 years.
Revenue vs Market: PHAR's revenue is expected to decline over the next 3 years (-3.7% per year).
High Growth Revenue: PHAR's revenue is forecast to decline over the next 3 years (-3.7% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PHAR is forecast to be unprofitable in 3 years.
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How has Pharos 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: PHAR has high quality earnings.
Growing Profit Margin: PHAR's current net profit margins (25%) are lower than last year (52.7%).
Past Earnings Growth Analysis
Earnings Trend: PHAR has become profitable over the past 5 years, growing earnings by -5.9% per year.
Accelerating Growth: PHAR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PHAR had negative earnings growth (-26.9%) over the past year, making it difficult to compare to the Oil and Gas industry average (308.4%).
Return on Equity
High ROE: PHAR's Return on Equity (12.2%) is considered low.
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How is Pharos Energy's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: PHAR's short term assets ($131.4M) exceed its short term liabilities ($70.2M).
Long Term Liabilities: PHAR's short term assets ($131.4M) do not cover its long term liabilities ($212.7M).
Debt to Equity History and Analysis
Debt Level: PHAR's net debt to equity ratio (10.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if PHAR's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: PHAR's debt is well covered by operating cash flow (46%).
Interest Coverage: PHAR's interest payments on its debt are well covered by EBIT (16.6x coverage).
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What is Pharos Energy current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Forecast Dividend Yield
Dividend Yield vs Market
|Pharos Energy Dividend Yield vs Market|
|Company (Pharos Energy)||0%|
|Market Bottom 25% (GB)||2.1%|
|Market Top 25% (GB)||5.9%|
|Industry Average (Oil and Gas)||7.1%|
|Analyst forecast in 3 Years (Pharos Energy)||237.4%|
Notable Dividend: Unable to evaluate PHAR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PHAR'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 PHAR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PHAR's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: PHAR is not paying a notable dividend for the UK market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as PHAR has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jann Brown (67 yo)
Ms. Janice Margaret Brown, also known as Jann, M.A.(Hons), C.A., C.T.A. has been Independent Non-Executive Director at RHI Magnesita N.V. since June 10, 2021 and was its Board Observer since April 27, 2021...
CEO Compensation Analysis
|Jann Brown's Compensation vs Pharos Energy Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Jun 30 2022||n/a||n/a|
|Mar 31 2022||n/a||n/a|
|Dec 31 2021||US$1m||US$394k|
|Jun 30 2021||n/a||n/a|
|Mar 31 2021||n/a||n/a|
|Dec 31 2020||US$674k||US$544k|
|Jun 30 2020||n/a||n/a|
|Mar 31 2020||n/a||n/a|
|Dec 31 2019||US$1m||US$561k|
|Sep 30 2019||n/a||n/a|
|Jun 30 2019||n/a||n/a|
|Mar 31 2019||n/a||n/a|
|Dec 31 2018||US$1m||US$601k|
|Sep 30 2018||n/a||n/a|
|Jun 30 2018||n/a||n/a|
|Mar 31 2018||n/a||n/a|
|Dec 31 2017||US$616k||US$79k|
Compensation vs Market: Jann's total compensation ($USD1.15M) is above average for companies of similar size in the UK market ($USD342.14K).
Compensation vs Earnings: Jann's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: PHAR's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Experienced Board: PHAR's board of directors are considered experienced (3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PHAR insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
|30 Aug 22||BuyUK£6,546||Janice Brown||Individual||26,643||UK£0.25|
|30 Aug 22||BuyUK£975||Sue Rivett||Individual||3,968||UK£0.25|
|27 Apr 22||BuyUK£6,547||Janice Brown||Individual||24,613||UK£0.27|
|27 Apr 22||BuyUK£975||Sue Rivett||Individual||3,665||UK£0.27|
|13 Jan 22||BuyUK£95,019||Janice Brown||Individual||381,909||UK£0.25|
|Owner Type||Number of Shares||Ownership Percentage|
|Employee Share Scheme||330,714||0.08%|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Pharos Energy plc's employee growth, exchange listings and data sources
- Name: Pharos Energy plc
- Ticker: PHAR
- Exchange: LSE
- Founded: 1997
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Implied Market Cap: UK£99.757m
- Shares outstanding: 433.73m
- Website: https://www.pharos.energy
Number of Employees
- Pharos Energy plc
- Eastcastle House
- 27/28 Eastcastle Street
- Greater London
- W1W 8DH
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PHAR||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||GBP||May 1997|
|SOCL.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||May 1997|
|OCS1||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||May 1997|
|PHARL||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||GBP||May 1997|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/05 00:00|
|End of Day Share Price||2022/10/05 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.