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OV

Philodrill PSE:OV Stock Report

Last Price

₱0.0088

Market Cap

₱1.7b

7D

3.5%

1Y

-26.7%

Updated

02 Jul, 2022

Data

Company Financials
OV fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends0/6

OV Stock Overview

The Philodrill Corporation engages in the oil and gas exploration and production activities in the Philippines.

Philodrill Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Philodrill
Historical stock prices
Current Share Price₱0.0088
52 Week High₱0.013
52 Week Low₱0.0081
Beta0.65
1 Month Change-4.35%
3 Month Change-4.35%
1 Year Change-26.67%
3 Year Change-12.00%
5 Year Change-32.31%
Change since IPO-40.11%

Recent News & Updates

Shareholder Returns

OVPH Oil and GasPH Market
7D3.5%5.4%0.03%
1Y-26.7%31.7%-10.0%

Return vs Industry: OV underperformed the PH Oil and Gas industry which returned 31.7% over the past year.

Return vs Market: OV underperformed the PH Market which returned -10% over the past year.

Price Volatility

Is OV's price volatile compared to industry and market?
OV volatility
OV Average Weekly Movement6.0%
Oil and Gas Industry Average Movement6.0%
Market Average Movement5.4%
10% most volatile stocks in PH Market10.5%
10% least volatile stocks in PH Market3.1%

Stable Share Price: OV is not significantly more volatile than the rest of PH stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: OV's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
196927Alfredo Ramoshttps://www.philodrill.com

The Philodrill Corporation engages in the oil and gas exploration and production activities in the Philippines. Its petroleum projects include production and exploration areas in offshore Palawan, Nido, Matinloc, North Matinloc, and Galoc. The company was incorporated in 1969 and is headquartered in Mandaluyong City, the Philippines.

Philodrill Fundamentals Summary

How do Philodrill's earnings and revenue compare to its market cap?
OV fundamental statistics
Market Cap₱1.69b
Earnings (TTM)₱33.03m
Revenue (TTM)₱223.74m

51.8x

P/E Ratio

7.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
OV income statement (TTM)
Revenue₱223.74m
Cost of Revenue₱144.09m
Gross Profit₱79.64m
Other Expenses₱46.61m
Earnings₱33.03m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.00018
Gross Margin35.60%
Net Profit Margin14.76%
Debt/Equity Ratio0.0%

How did OV perform over the long term?

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

Valuation

Is OV 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

  • PEG Ratio

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

OV 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/Revenue6.1x
Enterprise Value/EBITDA69x
PEG Ration/a

Price to Earnings Ratio vs Peers

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

OV PE Ratio vs Peers
The above table shows the PE ratio for OV vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average29.5x
PERC PetroEnergy Resources
7xn/a₱2.8b
FPI Forum Pacific
74.8xn/a₱243.7m
BSC Basic Energy
30.3xn/a₱5.8b
PPC Pryce
6xn/a₱10.4b
OV Philodrill
51.8xn/a₱1.7b

Price-To-Earnings vs Peers: OV is expensive based on its Price-To-Earnings Ratio (51.8x) compared to the peer average (29.5x).


Price to Earnings Ratio vs Industry

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

Price-To-Earnings vs Industry: OV is expensive based on its Price-To-Earnings Ratio (51.8x) compared to the PH Oil and Gas industry average (8.8x)


Price to Earnings Ratio vs Fair Ratio

What is OV'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.

OV PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio51.8x
Fair PE Ration/a

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


Share Price vs Fair Value

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

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

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


Price to Earnings Growth Ratio

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


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Future Growth

How is Philodrill 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


-3.0%

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 Philodrill 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 Philodrill'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.

Past Performance

How has Philodrill 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


-20.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: OV has high quality earnings.

Growing Profit Margin: OV became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: OV has become profitable over the past 5 years, growing earnings by -20.8% per year.

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

Earnings vs Industry: OV has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (35.5%).


Return on Equity

High ROE: OV's Return on Equity (1.1%) is considered low.


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Financial Health

How is Philodrill's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: OV's short term assets (₱634.3M) exceed its short term liabilities (₱45.9M).

Long Term Liabilities: OV's short term assets (₱634.3M) exceed its long term liabilities (₱43.0M).


Debt to Equity History and Analysis

Debt Level: OV is debt free.

Reducing Debt: OV had no debt 5 years ago.

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

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


Balance Sheet


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Dividend

What is Philodrill 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

  • Future Dividend Coverage

Dividend Yield vs Market

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

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

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


Earnings Payout to Shareholders

Earnings Coverage: OV is not paying a notable dividend for the PH market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as OV has not reported any payouts.


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Management

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

23.4yrs

Average management tenure


CEO

Alfredo Ramos (78 yo)

5.5yrs

Tenure

Mr. Alfredo C. Ramos has been the President/Chief Executive Officer of The Philodrill Corporation since January 1, 2017 and serves as Principal Operating Officer. Mr. Ramos serves as the Chief Executive Of...


Leadership Team

Experienced Management: OV's management team is seasoned and experienced (23.4 years average tenure).


Board Members

Experienced Board: OV's board of directors are seasoned and experienced ( 16.9 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

The Philodrill Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: The Philodrill Corporation
  • Ticker: OV
  • Exchange: PSE
  • Founded: 1969
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Implied Market Cap: ₱1.688b
  • Shares outstanding: 191.87b
  • Website: https://www.philodrill.com

Number of Employees


Location

  • The Philodrill Corporation
  • Quad Alpha Centrum Building
  • 8th Floor
  • Mandaluyong City
  • 1550
  • Philippines

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/02 00:00
End of Day Share Price2022/07/01 00:00
Earnings2022/03/31
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.