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PZQA

Providence Resources ISE:PZQA Stock Report

Last Price

€0.048

Market Cap

€51.4m

7D

-2.0%

1Y

6.7%

Updated

14 Aug, 2022

Data

Company Financials
PZQA fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends0/6

PZQA Stock Overview

Providence Resources P.l.c. operates as an oil and gas exploration company in Ireland.

Providence Resources Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Providence Resources
Historical stock prices
Current Share Price€0.048
52 Week High€0.053
52 Week Low€0.02
Beta0.90
1 Month Change6.67%
3 Month Change84.62%
1 Year Change6.67%
3 Year Change-48.39%
5 Year Change-48.94%
Change since IPO-99.13%

Recent News & Updates

Shareholder Returns

PZQAIE Oil and GasIE Market
7D-2.0%1.6%1.0%
1Y6.7%2.4%-18.3%

Return vs Industry: PZQA exceeded the Irish Oil and Gas industry which returned 2.4% over the past year.

Return vs Market: PZQA exceeded the Irish Market which returned -18.3% over the past year.

Price Volatility

Is PZQA's price volatile compared to industry and market?
PZQA volatility
PZQA Average Weekly Movement21.1%
Oil and Gas Industry Average Movement7.4%
Market Average Movement5.6%
10% most volatile stocks in IE Market9.3%
10% least volatile stocks in IE Market3.9%

Stable Share Price: PZQA is more volatile than 90% of Irish stocks over the past 3 months, typically moving +/- 21% a week.

Volatility Over Time: PZQA's weekly volatility (21%) has been stable over the past year, but is still higher than 75% of Irish stocks.

About the Company

FoundedEmployeesCEOWebsite
19812Alan Curranhttps://www.providenceresources.com

Providence Resources P.l.c. operates as an oil and gas exploration company in Ireland. Its principal project is the Barryroe project located in the North Celtic Sea Basin. The company was founded in 1981 and is headquartered in Dublin, Ireland.

Providence Resources Fundamentals Summary

How do Providence Resources's earnings and revenue compare to its market cap?
PZQA fundamental statistics
Market Cap€51.45m
Earnings (TTM)€3.44m
Revenue (TTM)n/a

15.0x

P/E Ratio

0.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PZQA income statement (TTM)
Revenue€0
Cost of Revenue€0
Gross Profit€0
Other Expenses-€3.44m
Earnings€3.44m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.0032
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did PZQA perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is PZQA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for PZQA?

Other financial metrics that can be useful for relative valuation.

PZQA key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDA-38.2x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does PZQA's PE Ratio compare to its peers?

PZQA PE Ratio vs Peers
The above table shows the PE ratio for PZQA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average12.3x
353 Energy International Investments Holdings
32.8xn/aHK$417.9m
CTP Central Petroleum
2.6xn/aAU$72.6m
TRIN Trinity Exploration & Production
6.6xn/aUK£41.9m
PERC PetroEnergy Resources
7.1xn/a₱2.8b
PZQA Providence Resources
15xn/a€51.4m

Price-To-Earnings vs Peers: PZQA is expensive based on its Price-To-Earnings Ratio (15x) compared to the peer average (12.3x).


Price to Earnings Ratio vs Industry

How does PZQA's PE Ratio compare vs other companies in the European Oil and Gas Industry?

Price-To-Earnings vs Industry: PZQA is expensive based on its Price-To-Earnings Ratio (15x) compared to the European Oil and Gas industry average (7.3x)


Price to Earnings Ratio vs Fair Ratio

What is PZQA'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.

PZQA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate PZQA's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of PZQA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate PZQA's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate PZQA's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Providence Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-8.9%

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 Providence Resources 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.


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  • Examine Providence Resources's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • Providence Resources competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Providence Resources performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


21.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PZQA has high quality earnings.

Growing Profit Margin: PZQA became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: PZQA has become profitable over the past 5 years, growing earnings by 21.1% per year.

Accelerating Growth: PZQA has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: PZQA has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (119.5%).


Return on Equity

High ROE: PZQA's Return on Equity (5.6%) is considered low.


Discover strong past performing companies

Financial Health

How is Providence Resources's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: PZQA's short term assets (€2.3M) exceed its short term liabilities (€1.5M).

Long Term Liabilities: PZQA's short term assets (€2.3M) do not cover its long term liabilities (€6.1M).


Debt to Equity History and Analysis

Debt Level: PZQA is debt free.

Reducing Debt: PZQA had no debt 5 years ago.

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

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


Balance Sheet


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Dividend

What is Providence Resources's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if PZQA'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 PZQA has not reported any payouts.


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Management

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

1.2yrs

Average board tenure


CEO

Alan Curran

0.083

Tenure

Mr. Alan Curran is Interim Chief Executive Officer at Providence Resources P.l.c. from July 04, 2022. He led Ortus Petroleum, an investment vehicle for oil and gas exploration in northwest Europe. He led a...


Board Members

Experienced Board: PZQA's board of directors are not considered experienced ( 1.2 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 10%.


Top Shareholders

Company Information

Providence Resources P.l.c.'s employee growth, exchange listings and data sources


Key Information

  • Name: Providence Resources P.l.c.
  • Ticker: PZQA
  • Exchange: ISE
  • Founded: 1981
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Implied Market Cap: €51.449m
  • Shares outstanding: 1.07b
  • Website: https://www.providenceresources.com

Number of Employees


Location

  • Providence Resources P.l.c.
  • Paramount Court
  • Corrig Road
  • Dublin
  • Co. Dublin
  • D18 R9C7
  • Ireland

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/14 00:00
End of Day Share Price2022/08/12 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.