BSE:530355

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Asian Energy Services

Executive Summary

Asian Energy Services Limited, an oilfield service and reservoir imaging company, provides a suite of geophysical services related to land and well seismic services in India and internationally. More Details


Snowflake Analysis

Flawless balance sheet with solid track record.

Share Price & News

How has Asian Energy Services's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 530355 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 530355's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-9.2%

530355

-4.1%

IN Energy Services

0.07%

IN Market


1 Year Return

-16.4%

530355

0.3%

IN Energy Services

19.1%

IN Market

Return vs Industry: 530355 underperformed the Indian Energy Services industry which returned 0.3% over the past year.

Return vs Market: 530355 underperformed the Indian Market which returned 19.1% over the past year.


Shareholder returns

530355IndustryMarket
7 Day-9.2%-4.1%0.07%
30 Day7.2%3.8%10.2%
90 Day-13.6%8.5%24.2%
1 Year-16.4%-16.4%1.1%0.3%21.3%19.1%
3 Year-66.6%-66.6%-28.5%-30.5%9.5%4.2%
5 Year108.5%108.5%43.9%38.2%83.1%69.2%

Long-Term Price Volatility Vs. Market

How volatile is Asian Energy Services's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Asian Energy Services undervalued compared to its fair value and its price relative to the market?

8.37x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 530355 (₹91.2) is trading above our estimate of fair value (₹26.7)

Significantly Below Fair Value: 530355 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 530355 is good value based on its PE Ratio (8.4x) compared to the IN Energy Services industry average (16.1x).

PE vs Market: 530355 is good value based on its PE Ratio (8.4x) compared to the Indian market (19.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 530355's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 530355 is overvalued based on its PB Ratio (1.8x) compared to the IN Energy Services industry average (1.2x).


Next Steps

Future Growth

How is Asian Energy Services forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.7%

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 Asian Energy Services 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 Asian Energy Services performed over the past 5 years?

72.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 530355 has a high level of non-cash earnings.

Growing Profit Margin: 530355's current net profit margins (13.7%) are higher than last year (4.2%).


Past Earnings Growth Analysis

Earnings Trend: 530355 has become profitable over the past 5 years, growing earnings by 72.5% per year.

Accelerating Growth: 530355's earnings growth over the past year (482.6%) exceeds its 5-year average (72.5% per year).

Earnings vs Industry: 530355 earnings growth over the past year (482.6%) exceeded the Energy Services industry -12%.


Return on Equity

High ROE: 530355's Return on Equity (21.3%) is considered high.


Next Steps

Financial Health

How is Asian Energy Services's financial position?


Financial Position Analysis

Short Term Liabilities: 530355's short term assets (₹1.9B) exceed its short term liabilities (₹1.3B).

Long Term Liabilities: 530355's short term assets (₹1.9B) exceed its long term liabilities (₹12.8M).


Debt to Equity History and Analysis

Debt Level: 530355 is debt free.

Reducing Debt: 530355 has no debt compared to 5 years ago when its debt to equity ratio was 284.3%.

Debt Coverage: 530355 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 530355 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Asian Energy Services's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 530355's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 530355'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 530355's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 530355's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 530355's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

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

3.2yrs

Average management tenure


CEO

Ashutosh Kumar (56 yo)

3.92yrs

Tenure

₹9,878,000

Compensation

Mr. Ashutosh Kumar has been the Chief Executive Officer of Asian Energy Services Limited (formerly known as Asian Oilfield Services Limited) since March 1, 2017 and has been its Whole-time Director since M...


CEO Compensation Analysis

Compensation vs Market: Ashutosh's total compensation ($USD135.39K) is above average for companies of similar size in the Indian market ($USD44.62K).

Compensation vs Earnings: Ashutosh's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Ashutosh Kumar
CEO & Whole-time Director3.92yrs₹9.88mno data
Archana Nadgouda
Company Secretary & Compliance Officer2.42yrs₹1.61mno data
Nirav Talati
Chief Financial Officer0.42yrno datano data
Anil Davadkar
Manager of Secretarial Services10.92yrsno datano data

3.2yrs

Average Tenure

Experienced Management: 530355's management team is considered experienced (3.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ashutosh Kumar
CEO & Whole-time Director3.92yrs₹9.88mno data
Nayan Borah
Non-Executive Independent Chairman1.83yrs₹200.00kno data
Kapil Garg
Non-executive Director0.50yrno datano data
Kadayam Bharat
Additional Non-Executive Independent Director3yrs₹125.00kno data
Rabi Narayan Bastia
Non-Executive Directorno data₹65.00k0.21%
₹ 7.7m
Anusha Mehta
Non-Executive Independent Director4.17yrs₹150.00kno data
Devesh Bhargava
Additional Independent Director1.67yrs₹195.00k0.0027%
₹ 94.6k
Mukesh Jain
Non-Executive Director1.67yrs₹80.00kno data

1.8yrs

Average Tenure

57yo

Average Age

Experienced Board: 530355's board of directors are not considered experienced ( 1.8 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Asian Energy Services Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Asian Energy Services Limited
  • Ticker: 530355
  • Exchange: BSE
  • Founded: 1992
  • Industry: Oil and Gas Equipment and Services
  • Sector: Energy
  • Market Cap: ₹3.571b
  • Shares outstanding: 37.69m
  • Website: https://www.asianoilfield.com

Number of Employees


Location

  • Asian Energy Services Limited
  • 3B, Omkar Esquare
  • 3rd Floor
  • Mumbai
  • Maharashtra
  • 400022
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
530355BSE (Mumbai Stock Exchange)YesEquity SharesININRJun 2005

Biography

Asian Energy Services Limited, an oilfield service and reservoir imaging company, provides a suite of geophysical services related to land and well seismic services in India and internationally. It offers ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/21 12:06
End of Day Share Price2021/01/21 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


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.