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467

United Energy GroupSEHK:467 Stock Report

Last Price

HK$1.07

Market Cap

HK$28.1b

7D

17.6%

1Y

-17.7%

Updated

20 Jan, 2022

Data

Company Financials +
467 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance2/6
Financial Health6/6
Dividends2/6

467 Stock Overview

United Energy Group Limited, an investment holding company, engages in the investment and operation of upstream oil, natural gas, and other energy related businesses in South Asia, the Middle East, and North Africa.

United Energy Group Competitors

Oil and Gas Development

KASE:OGDC

PK₨379.9b

Pakistan Petroleum

KASE:PPL

PK₨218.8b

Price History & Performance

Summary of all time highs, changes and price drops for United Energy Group
Historical stock prices
Current Share PriceHK$1.07
52 Week HighHK$1.67
52 Week LowHK$0.46
Beta0.63
1 Month Change101.89%
3 Month Change42.67%
1 Year Change-17.69%
3 Year Change-13.01%
5 Year Change157.83%
Change since IPO-89.30%

Recent News & Updates

Dec 09
Here's Why United Energy Group (HKG:467) Can Manage Its Debt Responsibly

Here's Why United Energy Group (HKG:467) Can Manage Its Debt Responsibly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Nov 21
Investors Could Be Concerned With United Energy Group's (HKG:467) Returns On Capital

Investors Could Be Concerned With United Energy Group's (HKG:467) Returns On Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term...

Sep 05
United Energy Group (HKG:467) Seems To Use Debt Quite Sensibly

United Energy Group (HKG:467) Seems To Use Debt Quite Sensibly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Aug 18
Investors Could Be Concerned With United Energy Group's (HKG:467) Returns On Capital

Investors Could Be Concerned With United Energy Group's (HKG:467) Returns On Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

Shareholder Returns

467HK Oil and GasHK Market
7D17.6%5.0%-0.2%
1Y-17.7%31.2%-16.2%

Return vs Industry: 467 underperformed the Hong Kong Oil and Gas industry which returned 31.2% over the past year.

Return vs Market: 467 underperformed the Hong Kong Market which returned -16.2% over the past year.

Price Volatility

Is 467's price volatile compared to industry and market?
467 volatility
467 Average Weekly Movement14.6%
Oil and Gas Industry Average Movement8.9%
Market Average Movement6.7%
10% most volatile stocks in HK Market13.2%
10% least volatile stocks in HK Market3.0%

Stable Share Price: 467 is more volatile than 90% of Hong Kong stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: 467's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a1,931n/ahttps://www.uegl.com.hk

United Energy Group Limited, an investment holding company, engages in the investment and operation of upstream oil, natural gas, and other energy related businesses in South Asia, the Middle East, and North Africa. The company explores for and produces crude oil and natural gas. As of December 31, 2020, its proven recoverable reserves consisted of 1,073.9 million barrels of oil equivalent.

United Energy Group Fundamentals Summary

How do United Energy Group's earnings and revenue compare to its market cap?
467 fundamental statistics
Market CapHK$28.13b
Earnings (TTM)HK$1.40b
Revenue (TTM)HK$6.79b

20.1x

P/E Ratio

4.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
467 income statement (TTM)
RevenueHK$6.79b
Cost of RevenueHK$4.15b
Gross ProfitHK$2.65b
ExpensesHK$1.25b
EarningsHK$1.40b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.053
Gross Margin38.97%
Net Profit Margin20.60%
Debt/Equity Ratio35.2%

How did 467 perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

44%

Payout Ratio

Valuation

Is United Energy Group 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: 467 (HK$1.07) is trading below our estimate of fair value (HK$2.85)

Significantly Below Fair Value: 467 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 467 is poor value based on its PE Ratio (20.1x) compared to the Hong Kong Oil and Gas industry average (7.2x).

PE vs Market: 467 is poor value based on its PE Ratio (20.1x) compared to the Hong Kong market (9.1x).


Price to Earnings Growth Ratio

PEG Ratio: 467 is good value based on its PEG Ratio (0.9x)


Price to Book Ratio

PB vs Industry: 467 is overvalued based on its PB Ratio (2.1x) compared to the HK Oil and Gas industry average (0.7x).


Future Growth

How is United Energy Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

22.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 467's forecast earnings growth (22.3% per year) is above the savings rate (1.5%).

Earnings vs Market: 467's earnings (22.3% per year) are forecast to grow faster than the Hong Kong market (16.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 467's revenue (12.4% per year) is forecast to grow faster than the Hong Kong market (11.6% per year).

High Growth Revenue: 467's revenue (12.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 467's Return on Equity is forecast to be low in 3 years time (18%).


Past Performance

How has United Energy Group performed over the past 5 years?

8.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 467 has high quality earnings.

Growing Profit Margin: 467's current net profit margins (20.6%) are lower than last year (21%).


Past Earnings Growth Analysis

Earnings Trend: 467's earnings have grown by 8.3% per year over the past 5 years.

Accelerating Growth: 467's earnings growth over the past year (2.9%) is below its 5-year average (8.3% per year).

Earnings vs Industry: 467 earnings growth over the past year (2.9%) underperformed the Oil and Gas industry 17.4%.


Return on Equity

High ROE: 467's Return on Equity (10.6%) is considered low.


Financial Health

How is United Energy Group's financial position?


Financial Position Analysis

Short Term Liabilities: 467's short term assets (HK$6.5B) exceed its short term liabilities (HK$5.0B).

Long Term Liabilities: 467's short term assets (HK$6.5B) exceed its long term liabilities (HK$5.9B).


Debt to Equity History and Analysis

Debt Level: 467's net debt to equity ratio (20.1%) is considered satisfactory.

Reducing Debt: 467's debt to equity ratio has reduced from 61.2% to 35.2% over the past 5 years.

Debt Coverage: 467's debt is well covered by operating cash flow (58.3%).

Interest Coverage: 467's interest payments on its debt are well covered by EBIT (7.8x coverage).


Balance Sheet


Dividend

What is United Energy Group current dividend yield, its reliability and sustainability?

2.21%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 467's dividend (2.21%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.32%).

High Dividend: 467's dividend (2.21%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.03%).


Stability and Growth of Payments

Stable Dividend: 467 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 467 has only been paying a dividend for 4 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (44.2%), 467's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 467's dividends in 3 years are forecast to be covered by earnings (58.8% payout ratio).


Next Steps

Management

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

15.6yrs

Average board tenure


CEO

United Energy Group has no CEO, or we have no data on them.


Board Members

Experienced Board: 467's board of directors are seasoned and experienced ( 15.6 years average tenure).


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

United Energy Group Limited's employee growth, exchange listings and data sources


Key Information

  • Name: United Energy Group Limited
  • Ticker: 467
  • Exchange: SEHK
  • Founded: NaN
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Implied Market Cap: HK$28.130b
  • Shares outstanding: 26.29b
  • Website: https://www.uegl.com.hk

Number of Employees


Location

  • United Energy Group Limited
  • Two Pacific Place
  • Suite 2505
  • Admiralty
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/20 15:53
End of Day Share Price2022/01/20 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.