Interoil Exploration and Production ASA

OM:IOXO Stock Report

Market Cap: NOK 65.2m

Interoil Exploration and Production Valuation

Is IOXO undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: IOXO (NOK2.77) is trading below our estimate of fair value (NOK33.29)

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

Key Valuation Metric

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

Key metric: As IOXO is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for IOXO. This is calculated by dividing IOXO's market cap by their current revenue.
What is IOXO's PS Ratio?
PS Ratio0.2x
SalesUS$23.96m
Market CapUS$5.92m

Price to Sales Ratio vs Peers

How does IOXO's PS Ratio compare to its peers?

The above table shows the PS ratio for IOXO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average6.7x
TETY Tethys Oil
1.3x-1.6%SEK 1.8b
MAHA A Maha Energy
18.5x8.9%SEK 1.1b
GGEO Guideline Geo
0.4xn/aSEK 85.3m
CE Cortus Energy
6.6xn/aSEK 19.7m
IOXO Interoil Exploration and Production
0.2xn/aNOK 65.2m

Price-To-Sales vs Peers: IOXO is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (6.7x).

Price to Sales Ratio vs Industry

How does IOXO's PS Ratio compare vs other companies in the European Oil and Gas Industry?

21 CompaniesPrice / SalesEstimated GrowthMarket Cap
IOXO 0.2xIndustry Avg. 1.2xNo. of Companies21PS00.81.62.43.24+
21 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: IOXO is good value based on its Price-To-Sales Ratio (0.2x) compared to the European Oil and Gas industry average (1.2x).

Price to Sales Ratio vs Fair Ratio

What is IOXO's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

IOXO PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.2x
Fair PS Ration/a

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

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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