OB:ALNG

Stock Analysis Report

Executive Summary

Awilco LNG ASA, together with its subsidiaries, owns and operates liquefied natural gas (LNG) vessels in Norway.

Snowflake

Fundamentals

Excellent balance sheet with reasonable growth potential.

Risks

  • Awilco LNG is covered by less than 3 analysts.

Similar Companies

Share Price & News

How has Awilco LNG's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-9.0%

OB:ALNG

-0.1%

NO Oil and Gas

0.2%

NO Market


1 Year Return

-28.0%

OB:ALNG

-28.6%

NO Oil and Gas

-14.4%

NO Market

ALNG matched the Oil and Gas industry (-28.6%) over the past year.

ALNG underperformed the Market in Norway which returned -14.4% over the past year.


Share holder returns

ALNGIndustryMarket
7 Day-9.0%-0.1%0.2%
30 Day-13.4%-8.1%-3.5%
90 Day-15.6%-18.2%-7.3%
1 Year-28.0%-28.0%-24.5%-28.6%-9.3%-14.4%
3 Year-43.2%-43.2%36.7%19.9%39.3%20.8%
5 Year-73.0%-73.0%15.8%-8.3%38.6%7.0%

Price Volatility Vs. Market

How volatile is Awilco LNG's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Awilco LNG undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Awilco LNG's share price is below the future cash flow value, and at a moderate discount (> 20%).

Awilco LNG's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Awilco LNG is loss making, we can't compare its value to the NO Oil and Gas industry average.

Awilco LNG is loss making, we can't compare the value of its earnings to the Norway market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Awilco LNG, we can't assess if its growth is good value.


Price Based on Value of Assets

Awilco LNG is good value based on assets compared to the NO Oil and Gas industry average.


Next Steps

Future Growth

How is Awilco LNG expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

83.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Awilco LNG's revenue is expected to grow by 14.8% yearly, however this is not considered high growth (20% yearly).

Awilco LNG's earnings are expected to grow significantly at over 20% yearly.

Awilco LNG's revenue growth is expected to exceed the Norway market average.

Awilco LNG's earnings growth is expected to exceed the Norway market average.

Awilco LNG's earnings growth is expected to exceed the low risk savings rate of 1.8%.


Earnings per Share Growth Estimates


Future Return on Equity

Awilco LNG is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Awilco LNG performed over the past 5 years?

-13.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Awilco LNG does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Awilco LNG's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Awilco LNG's 1-year growth to the NO Oil and Gas industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Awilco LNG has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

Awilco LNG used its assets less efficiently than the NO Oil and Gas industry average last year based on Return on Assets.


Return on Capital Employed

It is difficult to establish if Awilco LNG improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Awilco LNG's financial position?


Financial Position Analysis

Awilco LNG's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Awilco LNG's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Awilco LNG's level of debt (-230.4%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (73.7% vs -230.4% today).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are -0.1x debt.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Whilst loss making Awilco LNG has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.

Whilst loss making Awilco LNG has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 17.6% per year.


Next Steps

Dividend

What is Awilco LNG's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Awilco LNG's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Awilco LNG's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Awilco LNG has not reported any payouts.

Unable to verify if Awilco LNG's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Awilco LNG has not reported any payouts.


Future Payout to Shareholders

No need to calculate the sustainability of Awilco LNG's dividends in 3 years as they are not expected to pay a notable one for Norway.


Next Steps

Management

What is the CEO of Awilco LNG's salary, the management and board of directors tenure and is there insider trading?

7.8yrs

Average management tenure


CEO

Jon Storheill (50yo)

7.6yrs

Tenure

US$554,000

Compensation

Mr. Jon Skule Storheill has been the Chief Executive Officer of Awilco LNG ASA since January 1, 2012. Mr. Storheill has 23 years of shipping experience. He served as Managing Director of Awilco AS. He serv ...


CEO Compensation Analysis

Jon's remuneration is higher than average for companies of similar size in Norway.

Jon's compensation has increased whilst company is loss making.


Management Age and Tenure

7.8yrs

Average Tenure

50.5yo

Average Age

The average tenure for the Awilco LNG management team is over 5 years, this suggests they are a seasoned and experienced team.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Jan Andersen (51yo)

    Head of Operations

    • Tenure: 8.6yrs
    • Compensation: US$1.21m
  • Ian Walker (59yo)

    Senior Vice President of Chartering

    • Tenure: 8.1yrs
  • Jon Storheill (50yo)

    Chief Executive Officer

    • Tenure: 7.6yrs
    • Compensation: US$554.00k
  • Øyvind Ryssdal (36yo)

    Chief Financial Officer

    • Tenure: 2.2yrs
    • Compensation: US$260.00k

Board Members

  • Jon-Aksel Torgersen (67yo)

    Non-Executive Director

    • Tenure: 0.0yrs
    • Compensation: US$30.00k
  • Sigurd Thorvildsen (54yo)

    Chairman of the Board

    • Tenure: 0.0yrs
    • Compensation: US$49.00k
  • Annette Beate Wacknitz Justad (61yo)

    Non-Executive Director

    • Tenure: 0.0yrs
    • Compensation: US$24.00k
  • Synne Syrrist (47yo)

    Non-Executive Director

    • Tenure: 0.0yrs
    • Compensation: US$30.00k
  • Henrik Fougner (56yo)

    Non-Executive Director

    • Tenure: 0.0yrs
    • Compensation: US$30.00k

Company Information

Awilco LNG ASA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Awilco LNG ASA
  • Ticker: ALNG
  • Exchange: OB
  • Founded: 2011
  • Industry: Oil and Gas Storage and Transportation
  • Sector: Energy
  • Market Cap: kr429.457m
  • Shares outstanding: 132.55m
  • Website: https://www.awilcolng.no

Number of Employees


Location

  • Awilco LNG ASA
  • Beddingen 8
  • Aker Brygge
  • Oslo
  • Oslo
  • 250
  • Norway

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ALNGOB (Oslo Bors)YesOrdinary SharesNONOKMay 2011
0Q4GLSE (London Stock Exchange)YesOrdinary SharesGBNOKMay 2011
AWQDB (Deutsche Boerse AG)YesOrdinary SharesDEEURMay 2011

Biography

Awilco LNG ASA, together with its subsidiaries, owns and operates liquefied natural gas (LNG) vessels in Norway. It owns two 156,000 cbm LNG TFDE membrane vessels. The company was founded in 2011 and is ba ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/20 21:29
End of Day Share Price2019/08/20 00:00
Earnings2019/03/31
Annual Earnings2018/12/31


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.