WSE:SEN

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Serinus Energy

Executive Summary

Serinus Energy plc, together with its subsidiaries, engages in the exploration and development of oil and gas properties.


Snowflake Analysis

Slightly overvalued with imperfect balance sheet.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: SEN has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-6.0%

SEN

-6.1%

PL Oil and Gas

-2.7%

PL Market


1 Year Return

-33.8%

SEN

-31.2%

PL Oil and Gas

-13.1%

PL Market

Return vs Industry: SEN underperformed the Polish Oil and Gas industry which returned -31.2% over the past year.

Return vs Market: SEN underperformed the Polish Market which returned -13% over the past year.


Shareholder returns

SENIndustryMarket
7 Day-6.0%-6.1%-2.7%
30 Day-4.7%-6.1%-0.06%
90 Day9.8%6.5%14.5%
1 Year-33.8%-33.8%-29.8%-31.2%-11.9%-13.1%
3 Year-61.5%-61.5%-29.8%-35.2%-20.8%-25.6%
5 Year-80.4%-80.4%-11.7%-22.8%-9.5%-19.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SEN (PLN0.4) is trading below our estimate of fair value (PLN1.19)

Significantly Below Fair Value: SEN is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: SEN is unprofitable, so we can't compare its PE Ratio to the XE Oil and Gas industry average.

PE vs Market: SEN is unprofitable, so we can't compare its PE Ratio to the Polish market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SEN is overvalued based on its PB Ratio (2.2x) compared to the PL Oil and Gas industry average (0.8x).


Next Steps

Future Growth

How is Serinus Energy forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

16.5%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if SEN's forecast earnings growth is above the savings rate (2.9%).

Earnings vs Market: Insufficient data to determine if SEN's earnings are forecast to grow faster than the Polish market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SEN's revenue (16.5% per year) is forecast to grow faster than the Polish market (4% per year).

High Growth Revenue: SEN's revenue (16.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if SEN's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Serinus Energy performed over the past 5 years?

51.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SEN is currently unprofitable.

Growing Profit Margin: SEN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SEN is unprofitable, but has reduced losses over the past 5 years at a rate of 51% per year.

Accelerating Growth: Unable to compare SEN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SEN is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-15.8%).


Return on Equity

High ROE: SEN has a negative Return on Equity (-11.83%), as it is currently unprofitable.


Next Steps

Financial Health

How is Serinus Energy's financial position?


Financial Position Analysis

Short Term Liabilities: SEN's short term assets ($15.8M) do not cover its short term liabilities ($32.6M).

Long Term Liabilities: SEN's short term assets ($15.8M) do not cover its long term liabilities ($64.6M).


Debt to Equity History and Analysis

Debt Level: SEN's debt to equity ratio (275.8%) is considered high.

Reducing Debt: SEN's debt to equity ratio has increased from 56.2% to 275.8% over the past 5 years.


Balance Sheet


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.

Stable Cash Runway: Whilst unprofitable SEN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: SEN is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 1.4% per year.


Next Steps

Dividend

What is Serinus Energy current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if SEN'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 SEN's dividend in 3 years as they are not forecast to pay a notable one for the Polish market.


Next Steps

Management

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

2.6yrs

Average management tenure


CEO

Jeffrey Auld (53 yo)

3.92yrs

Tenure

US$648,430

Compensation

Mr. Jeffrey David Auld, MBA, BA (Econ), has been the Chief Executive Officer and President of Serinus Energy Inc./Serinus Energy plc since September 1, 2016. Mr. Auld served as General Director of Serinus ...


CEO Compensation Analysis

Compensation vs Market: Jeffrey's total compensation ($USD0.00) is below average for companies of similar size in the Polish market ($USD155.72K).

Compensation vs Earnings: Jeffrey's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Jeffrey Auld
CEO, President & Non-Independent Director3.92yrsUS$648.43k0.0093%
$ 9.1k
Andrew Fairclough
CFO & Non-Independent Director0.50yrno datano data
Andy O'Donovan
Chief Operating Officer0.33yrno datano data
Haithem Ben Hassen
President of Serinus Energy Tunisia B.V.2.58yrsno datano data
Alexandra Damascan
President of Serinus Energy Romania SA2.58yrsno datano data
Timothy Elliott
4yrsUS$1.72mno data
Jock Graham
4yrsUS$1.33mno data

2.6yrs

Average Tenure

53yo

Average Age

Experienced Management: SEN's management team is considered experienced (2.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jeffrey Auld
CEO, President & Non-Independent Director3.92yrsUS$648.43k0.0093%
$ 9.1k
Andrew Fairclough
CFO & Non-Independent Director0.50yrno datano data
James E. Causgrove
Independent Director2.92yrsUS$31.90kno data
Eleanor Barker
Independent Director3.25yrsUS$37.97k0.042%
$ 41.0k
Dawid Jakubowicz
Non-Independent Director2.42yrsUS$13.95kno data
Lukasz Redziniak
Chairman of the Board2.42yrsUS$23.25kno data

2.7yrs

Average Tenure

53yo

Average Age

Experienced Board: SEN's board of directors are not considered experienced ( 2.7 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

Serinus Energy plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Serinus Energy plc
  • Ticker: SEN
  • Exchange: WSE
  • Founded: 1987
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: zł98.107m
  • Shares outstanding: 239.29m
  • Website: https://www.serinusenergy.com

Number of Employees


Location

  • Serinus Energy plc
  • 28 Esplanade
  • St. Helier
  • JE1 8SB
  • Jersey

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SENWSE (Warsaw Stock Exchange)YesCommon SharesPLPLNMay 2010
SENXAIM (London Stock Exchange AIM Market)YesCommon SharesGBGBPMay 2010
SNUY.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDMay 2010

Biography

Serinus Energy plc, together with its subsidiaries, engages in the exploration and development of oil and gas properties. It owns a 100% deemed working interest in the Satu Mare concession covering an area ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/02 22:08
End of Day Share Price2020/07/31 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.