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MAHA

Maha Energy OM:MAHA A Stock Report

Last Price

kr13.88

Market Cap

kr1.7b

7D

-0.4%

1Y

14.3%

Updated

12 Aug, 2022

Data

Company Financials +
MAHA A fundamental analysis
Snowflake Score
Valuation4/6
Future Growth6/6
Past Performance3/6
Financial Health4/6
Dividends0/6

MAHA A Stock Overview

Maha Energy AB (publ) engages in the exploration, development, and production of crude oil and natural gas.

Maha Energy Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Maha Energy
Historical stock prices
Current Share Pricekr13.88
52 Week Highkr24.18
52 Week Lowkr10.53
Beta2.12
1 Month Change-2.46%
3 Month Change-35.86%
1 Year Change14.33%
3 Year Change-48.59%
5 Year Change141.39%
Change since IPO284.49%

Recent News & Updates

Aug 10
Some Maha Energy AB (publ) (STO:MAHA A) Analysts Just Made A Major Cut To Next Year's Estimates

Some Maha Energy AB (publ) (STO:MAHA A) Analysts Just Made A Major Cut To Next Year's Estimates

The analysts covering Maha Energy AB (publ) ( STO:MAHA A ) delivered a dose of negativity to shareholders today, by...

Shareholder Returns

MAHA ASE Oil and GasSE Market
7D-0.4%4.9%2.3%
1Y14.3%-2.2%-21.8%

Return vs Industry: MAHA A exceeded the Swedish Oil and Gas industry which returned -5.1% over the past year.

Return vs Market: MAHA A exceeded the Swedish Market which returned -22.1% over the past year.

Price Volatility

Is MAHA A's price volatile compared to industry and market?
MAHA A volatility
MAHA A Average Weekly Movement8.5%
Oil and Gas Industry Average Movement12.2%
Market Average Movement7.2%
10% most volatile stocks in SE Market12.7%
10% least volatile stocks in SE Market4.5%

Stable Share Price: MAHA A is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: MAHA A's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201380Karl Lindvallhttps://www.mahaenergy.ca

Maha Energy AB (publ) engages in the exploration, development, and production of crude oil and natural gas. The company owns 75% working interest in the Tartaruga Block covering an area of 5,944 acres located in the Brazil; 99% working interest in the LAK Ranch property, which covers an area of 6,475 acres located in Wyoming, the United States; 100% working interest in the Tie Field project covering an area of 1,511 acres located in Brazil; 97% working interest in the Illinois Basin property that covers an area of 3,134 acres located in Illinois, the United States; and 100% working interest in the Block 70 (Mafraq) project covering an area of 157,900 acres in Oman. The company was founded in 2013 and is headquartered in Stockholm, Sweden.

Maha Energy Fundamentals Summary

How do Maha Energy's earnings and revenue compare to its market cap?
MAHA A fundamental statistics
Market CapUS$162.80m
Earnings (TTM)US$28.08m
Revenue (TTM)US$72.31m

5.8x

P/E Ratio

2.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MAHA A income statement (TTM)
RevenueUS$72.31m
Cost of RevenueUS$14.76m
Gross ProfitUS$57.56m
Other ExpensesUS$29.48m
EarningsUS$28.08m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 15, 2022

Earnings per share (EPS)0.23
Gross Margin79.59%
Net Profit Margin38.83%
Debt/Equity Ratio45.0%

How did MAHA A perform over the long term?

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

Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

MAHA A 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/Revenue2.6x
Enterprise Value/EBITDA3.3x
PEG Ratio0.2x

Price to Earnings Ratio vs Peers

How does MAHA A's PE Ratio compare to its peers?

MAHA A PE Ratio vs Peers
The above table shows the PE ratio for MAHA A vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average5.9x
TETY Tethys Oil
5.8x-12.1%kr2.2b
ORC.B Orca Energy Group
3.9xn/aCA$204.4m
EPSN Epsilon Energy
5.8xn/aUS$148.9m
SNM ShaMaran Petroleum
4.1x-6.7%CA$210.0m
MAHA A Maha Energy
5.8x30.2%kr1.7b

Price-To-Earnings vs Peers: MAHA A is good value based on its Price-To-Earnings Ratio (5.8x) compared to the peer average (5.9x).


Price to Earnings Ratio vs Industry

How does MAHA A's PE Ratio compare vs other companies in the European Oil and Gas Industry?

Price-To-Earnings vs Industry: MAHA A is good value based on its Price-To-Earnings Ratio (5.8x) compared to the European Oil and Gas industry average (7.3x)


Price to Earnings Ratio vs Fair Ratio

What is MAHA A'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.

MAHA A PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5.8x
Fair PE Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: MAHA A (SEK13.88) is trading below our estimate of fair value (SEK167.71)

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


Analyst Price Targets

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

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.


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Future Growth

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

Future Growth Score

6/6

Future Growth Score 6/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


30.2%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MAHA A's forecast earnings growth (30.2% per year) is above the savings rate (0.4%).

Earnings vs Market: MAHA A's earnings (30.2% per year) are forecast to grow faster than the Swedish market (16.1% per year).

High Growth Earnings: MAHA A's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: MAHA A's revenue (29.7% per year) is forecast to grow faster than the Swedish market (10.9% per year).

High Growth Revenue: MAHA A's revenue (29.7% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MAHA A's Return on Equity is forecast to be high in 3 years time (35.9%)


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Past Performance

How has Maha Energy 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


13.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MAHA A has a high level of non-cash earnings.

Growing Profit Margin: MAHA A became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: MAHA A has become profitable over the past 5 years, growing earnings by 13.8% per year.

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

Earnings vs Industry: MAHA A has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (113.3%).


Return on Equity

High ROE: MAHA A's Return on Equity (22.6%) is considered high.


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Financial Health

How is Maha Energy's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: MAHA A's short term assets ($42.5M) exceed its short term liabilities ($32.1M).

Long Term Liabilities: MAHA A's short term assets ($42.5M) do not cover its long term liabilities ($46.8M).


Debt to Equity History and Analysis

Debt Level: MAHA A's net debt to equity ratio (21.4%) is considered satisfactory.

Reducing Debt: MAHA A's debt to equity ratio has increased from 0.9% to 45% over the past 5 years.

Debt Coverage: MAHA A's debt is well covered by operating cash flow (64.3%).

Interest Coverage: MAHA A's interest payments on its debt are well covered by EBIT (5.1x coverage).


Balance Sheet


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Dividend

What is Maha Energy 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

  • Cash Flow Coverage

Dividend Yield vs Market

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

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

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


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

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


Discover strong dividend paying companies

Management

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

5.1yrs

Average management tenure


CEO

Karl Lindvall (55 yo)

6.58yrs

Tenure

US$436,000

Compensation

Mr. Karl Jonas Lindvall, B. Sc P. Eng, MEB serves as Chief Executive Officer of Maha Energy AB (publ) since 2016 and has been its Managing Director since 2016. Mr. Lindvall served as President at Maha Ener...


CEO Compensation Analysis

Compensation vs Market: Karl's total compensation ($USD436.00K) is about average for companies of similar size in the Swedish market ($USD438.03K).

Compensation vs Earnings: Karl's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: MAHA A's management team is seasoned and experienced (5.1 years average tenure).


Board Members

Experienced Board: MAHA A's board of directors are not considered experienced ( 1.8 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Maha Energy AB (publ)'s employee growth, exchange listings and data sources


Key Information

  • Name: Maha Energy AB (publ)
  • Ticker: MAHA A
  • Exchange: OM
  • Founded: 2013
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Implied Market Cap: kr1.662b
  • Shares outstanding: 119.72m
  • Website: https://www.mahaenergy.ca

Number of Employees


Location

  • Maha Energy AB (publ)
  • StrandvAegen 5A
  • Stockholm
  • Stockholm County
  • 114 51
  • Sweden

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/12 00:00
End of Day Share Price2022/08/12 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.