GOIL Company Limited markets petroleum and other energy products and services in Ghana.
Ghana Oil Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||GH₵1.70|
|52 Week High||GH₵0|
|52 Week Low||GH₵0|
|1 Month Change||6.25%|
|3 Month Change||9.68%|
|1 Year Change||13.33%|
|3 Year Change||-48.49%|
|5 Year Change||45.30%|
|Change since IPO||847.52%|
Recent News & Updates
|GOIL||GH Oil and Gas||GH Market|
Return vs Industry: GOIL underperformed the GH Oil and Gas industry which returned 32.4% over the past year.
Return vs Market: GOIL underperformed the GH Market which returned 70.8% over the past year.
Stable Share Price: GOIL is not significantly more volatile than the rest of GH stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: GOIL's weekly volatility (2%) has been stable over the past year.
About the Company
GOIL Company Limited markets petroleum and other energy products and services in Ghana. It offers jet fuels, fuels, liquefied petroleum gas, lubricants, bitumen, and specialty products; and supplies marine gas oil to ocean-going vessels. The company also markets premix fuel and kerosene to rural areas; and provides fuel cards.
Ghana Oil Fundamentals Summary
|GOIL fundamental statistics|
Is GOIL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GOIL income statement (TTM)|
|Cost of Revenue||GH₵5.22b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.30|
|Net Profit Margin||2.06%|
How did GOIL perform over the long term?See historical performance and comparison
2.6%Current Dividend Yield
Is Ghana Oil undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GOIL (GHS1.7) is trading below our estimate of fair value (GHS6.92)
Significantly Below Fair Value: GOIL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GOIL is good value based on its PE Ratio (5.7x) compared to the African Oil and Gas industry average (7.2x).
PE vs Market: GOIL is poor value based on its PE Ratio (5.7x) compared to the GH market (5.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GOIL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GOIL's PB Ratio (1x) is in line with the XF Oil and Gas industry average.
How is Ghana Oil forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if GOIL's forecast earnings growth is above the savings rate (9.1%).
Earnings vs Market: Insufficient data to determine if GOIL's earnings are forecast to grow faster than the GH market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: GOIL's revenue (10.6% per year) is forecast to grow slower than the GH market (15.8% per year).
High Growth Revenue: GOIL's revenue (10.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if GOIL's Return on Equity is forecast to be high in 3 years time
How has Ghana Oil performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GOIL has high quality earnings.
Growing Profit Margin: GOIL's current net profit margins (2.1%) are higher than last year (1.3%).
Past Earnings Growth Analysis
Earnings Trend: GOIL's earnings have grown by 13.9% per year over the past 5 years.
Accelerating Growth: GOIL's earnings growth over the past year (54.3%) exceeds its 5-year average (13.9% per year).
Earnings vs Industry: GOIL earnings growth over the past year (54.3%) exceeded the Oil and Gas industry 50.7%.
Return on Equity
High ROE: GOIL's Return on Equity (17.6%) is considered low.
How is Ghana Oil's financial position?
Financial Position Analysis
Short Term Liabilities: GOIL's short term assets (GHS1.3B) do not cover its short term liabilities (GHS1.6B).
Long Term Liabilities: GOIL's short term assets (GHS1.3B) exceed its long term liabilities (GHS180.6M).
Debt to Equity History and Analysis
Debt Level: GOIL's debt to equity ratio (57.9%) is considered high.
Reducing Debt: GOIL's debt to equity ratio has increased from 56.5% to 57.9% over the past 5 years.
Debt Coverage: GOIL's debt is well covered by operating cash flow (105.3%).
Interest Coverage: GOIL's interest payments on its debt are well covered by EBIT (5.7x coverage).
What is Ghana Oil current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GOIL's dividend (2.65%) isn’t notable compared to the bottom 25% of dividend payers in the GH market (4.7%).
High Dividend: GOIL's dividend (2.65%) is low compared to the top 25% of dividend payers in the GH market (8.17%).
Stability and Growth of Payments
Stable Dividend: GOIL is not paying a notable dividend for the GH market, therefore no need to check if payments are stable.
Growing Dividend: GOIL is not paying a notable dividend for the GH market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: GOIL is not paying a notable dividend for the GH market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GOIL's dividend in 3 years as they are not forecast to pay a notable one for the GH market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Kwame Osei-Prempeh (64 yo)
Hon. Kwame Osei-Prempeh has been a Director of Ghana Oil Company Ltd since May 18, 2017 and also serves as Group CEO and Managing Director since November 29, 2019. Hon. Osei-Prempeh served as Acting Managi...
Experienced Management: GOIL's management team is considered experienced (2.3 years average tenure).
Experienced Board: GOIL's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board.
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.
Ghana Oil Company Limited's employee growth, exchange listings and data sources
- Name: Ghana Oil Company Limited
- Ticker: GOIL
- Exchange: GHSE
- Founded: 1960
- Industry: Oil and Gas Storage and Transportation
- Sector: Energy
- Market Cap: GH₵666.167m
- Shares outstanding: 391.86m
- Website: https://www.goil.com.gh
- Ghana Oil Company Limited
- House No. D659/4
- Jct of Kojo Thompson & Adjabeng Rds
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 21:40|
|End of Day Share Price||2021/10/25 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.