OB:PSE

Stock Analysis Report

Executive Summary

Petrolia SE, together with its subsidiaries, operates as a rental equipment company for the oil industry in Europe, Asia, Australia, and internationally.

Snowflake

Fundamentals

Flawless balance sheet and undervalued.

Risks

  • Petrolia is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

4.5%

OB:PSE

5.9%

NO Energy Services

3.1%

NO Market


1 Year Return

1.3%

OB:PSE

-40.9%

NO Energy Services

-14.0%

NO Market

PSE outperformed the Energy Services industry which returned -40.8% over the past year.

PSE outperformed the Market in Norway which returned -14.2% over the past year.


Share holder returns

PSEIndustryMarket
7 Day4.5%5.9%3.1%
30 Day5.2%-13.7%-4.0%
90 Day0.6%-20.6%-4.8%
1 Year1.3%1.3%-39.8%-40.9%-9.1%-14.0%
3 Year6.6%6.6%-1.1%-8.0%39.5%21.0%
5 Year-70.7%-70.7%-51.0%-65.2%38.7%7.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Petrolia 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

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

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


Price Based on Earnings

Petrolia is good value based on earnings compared to the NO Energy Services industry average.

Petrolia is good value based on earnings compared to the Norway market.


Price Based on Expected Growth

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


Price Based on Value of Assets

Petrolia is good value based on assets compared to the NO Energy Services industry average.


Next Steps

Future Growth

How is Petrolia expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

43.0%

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 Petrolia 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 Petrolia performed over the past 5 years?

-2.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Petrolia's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.

Petrolia has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.

Petrolia has become profitable in the last year making it difficult to compare the NO Energy Services industry average.


Return on Equity

Petrolia has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Petrolia used its assets more efficiently than the NO Energy Services industry average last year based on Return on Assets.


Return on Capital Employed

Petrolia has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).


Next Steps

Financial Health

How is Petrolia's financial position?


Financial Position Analysis

Petrolia is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

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


Debt to Equity History and Analysis

Petrolia's level of debt (11.4%) 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 (36.3% vs 11.4% today).

Debt is well covered by operating cash flow (183%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 99.8x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 5.7x debt.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

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

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

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

3.6yrs

Average management tenure


CEO

Erwin Joseph Godec 0

6.9yrs

Tenure

0

Mr. Erwin Joseph Pierre Godec has been Chief Executive Officer at Petrolia SE September 14, 2012. Mr. Godec has been a Director of Petrolia SE since July 1, 2013 and served as a its Director. 


CEO Compensation Analysis

Erwin Joseph's remuneration is lower than average for companies of similar size in Norway.

Insufficient data for Erwin Joseph to compare compensation growth.


Management Age and Tenure

3.6yrs

Average Tenure

The tenure for the Petrolia management team is about average.


Board Age and Tenure

6.2yrs

Average Tenure

The tenure for the Petrolia board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Sandra Eileng

    Legal Secretary

    • Tenure: 0.0yrs
  • Geir Bjørlo

    Manager of Communications

    • Tenure: 0.0yrs
  • Sølve Nilsen (50yo)

    General Manager of Norwegian Branch

    • Tenure: 3.6yrs
  • Demos Demou

    Chief Financial Officer

    • Tenure: 3.0yrs
  • Erwin Joseph Godec

    CEO, MD & Director

    • Tenure: 6.9yrs

Board Members

  • Berge Larsen (67yo)

    Chairman

    • Tenure: 0.0yrs
  • Sjur Storaas (66yo)

    Independent Director

    • Tenure: 9.2yrs
  • Erwin Joseph Godec

    CEO, MD & Director

    • Tenure: 6.9yrs
  • Judith Parry

    Independent Director

    • Tenure: 6.2yrs

Company Information

Petrolia SE's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Petrolia SE
  • Ticker: PSE
  • Exchange: OB
  • Founded: 1997
  • Industry: Oil and Gas Equipment and Services
  • Sector: Energy
  • Market Cap: kr190.411m
  • Shares outstanding: 59.13m
  • Website: https://www.petrolia.no

Number of Employees


Location

  • Petrolia SE
  • Office 401
  • 4th Floor
  • Limassol
  • 3036
  • Cyprus

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PSEOB (Oslo Bors)YesNew Common SharesNONOKOct 2012
0PEDB (Deutsche Boerse AG)YesNew Common SharesDEEUROct 2012
PSEOBATS-CHIXE (BATS 'Chi-X Europe')YesNew Common SharesGBNOKOct 2012

Biography

Petrolia SE, together with its subsidiaries, operates as a rental equipment company for the oil industry in Europe, Asia, Australia, and internationally. The company operates through two segments, Explorat ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 21:59
End of Day Share Price2019/08/22 00:00
Earnings2018/12/31
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.