OM:MAHA A

Stock Analysis Report

Executive Summary

Maha Energy AB (publ), an independent and international oil and gas company, engages in the exploration, development, and production of crude oil and natural gas in the United States, Canada, Brazil, and Sweden.

Snowflake

Fundamentals

Outstanding track record with exceptional growth potential.

Risks

  • Maha Energy is covered by less than 3 analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

11.6%

OM:MAHA A

9.2%

SE Oil and Gas

2.6%

SE Market


1 Year Return

68.9%

OM:MAHA A

-3.1%

SE Oil and Gas

-2.6%

SE Market

MAHA A outperformed the Oil and Gas industry which returned -2.6% over the past year.

MAHA A outperformed the Market in Sweden which returned -2.1% over the past year.


Share holder returns

MAHA AIndustryMarket
7 Day11.6%9.2%2.6%
30 Day-14.5%-7.8%-4.7%
90 Day1.7%3.6%0.2%
1 Year68.9%68.9%-1.9%-3.1%1.6%-2.6%
3 Year338.8%336.6%28.6%15.7%25.1%6.3%
5 Yearn/a30.3%1.6%46.5%15.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Maha Energy 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

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

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


Price Based on Earnings

Maha Energy is overvalued based on earnings compared to the Europe Oil and Gas industry average.

Maha Energy is good value based on earnings compared to the Sweden market.


Price Based on Expected Growth

Maha Energy is good value based on expected growth next year.


Price Based on Value of Assets

Maha Energy is overvalued based on assets compared to the SE Oil and Gas industry average.


Next Steps

Future Growth

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

30.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Maha Energy's revenue is expected to grow significantly at over 20% yearly.

Maha Energy's earnings are expected to grow significantly at over 20% yearly.

Maha Energy's revenue growth is expected to exceed the Sweden market average.

Maha Energy's earnings growth is expected to exceed the Sweden market average.

Maha Energy's earnings growth is expected to exceed the low risk savings rate of 0.4%.


Earnings per Share Growth Estimates


Future Return on Equity

Maha Energy is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).


Next Steps

Past Performance

How has Maha Energy performed over the past 5 years?

86.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Maha Energy has delivered over 20% year on year earnings growth in the past 5 years.

Maha Energy's 1-year earnings growth exceeds its 5-year average (3529.9% vs 86.8%)

Maha Energy's earnings growth has exceeded the Europe Oil and Gas industry average in the past year (3529.9% vs 37.3%).


Return on Equity

Maha Energy has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).


Return on Assets

Maha Energy used its assets more efficiently than the Europe Oil and Gas industry average last year based on Return on Assets.


Return on Capital Employed

Maha Energy 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 Maha Energy's financial position?


Financial Position Analysis

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

Maha Energy's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Maha Energy's level of debt (40.7%) compared to net worth is high (greater than 40%).

Unable to establish if Maha Energy's debt level has increased without past 5-year debt data.

Debt is well covered by operating cash flow (74.9%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 4x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.9x debt.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

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

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

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

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


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Maha Energy 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 Maha Energy's salary, the management and board of directors tenure and is there insider trading?

2.1yrs

Average management tenure


CEO

Karl Lindvall (52yo)

0.0yrs

Tenure

0

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


CEO Compensation Analysis

Karl's remuneration is lower than average for companies of similar size in Sweden.

Karl's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

2.1yrs

Average Tenure

52yo

Average Age

The tenure for the Maha Energy management team is about average.


Board Age and Tenure

1.2yrs

Average Tenure

54yo

Average Age

The average tenure for the Maha Energy board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyUS$1,372,08629 Oct 18
Dorco International B.V.
EntityCompany
Shares100,000
Max PriceUS$13.75

Ownership Breakdown


Management Team

  • Ron Panchuk (60yo)

    VP, Chief Corporate Officer & Corporate Secretary of Maha (Canada)

    • Tenure: 3.6yrs
    • Compensation: US$2.30m
  • Karl Lindvall (52yo)

    CEO, MD & Director

    • Tenure: 0.0yrs
  • Rob Richardson (52yo)

    Chief Operating Officer

    • Tenure: 2.1yrs
    • Compensation: US$1.69m
  • Andrés Modarelli (40yo)

    Chief Financial Officer

    • Tenure: 2.1yrs
    • Compensation: US$1.35m
  • Jamie McKeown (54yo)

    Vice President of Exploration & Production

    • Tenure: 0.0yrs
  • Luciana Borges (41yo)

    Finance & Administration Director

    • Tenure: 2.1yrs

Board Members

  • Karl Lindvall (52yo)

    CEO, MD & Director

    • Tenure: 0.0yrs
  • Anders Ehrenblad (54yo)

    Chairman of the Board

    • Tenure: 0.3yrs
    • Compensation: US$22.00
  • Harald Pousette (54yo)

    Director

    • Tenure: 2.2yrs
    • Compensation: US$24.00
  • Nicholas Walker (57yo)

    Director

    • Tenure: 0.3yrs

Company Information

Maha Energy AB (publ)'s company bio, 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
  • Market Cap: kr2.645b
  • Shares outstanding: 98.52m
  • Website: https://www.mahaenergy.ca

Number of Employees


Location

  • Maha Energy AB (publ)
  • Biblioteksgatan 1
  • 4th Floor
  • Stockholm
  • Stockholm County
  • 111 46
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MAHA AOM (OMX Nordic Exchange Stockholm)YesSeries A SharesSESEKJul 2016
0GEALSE (London Stock Exchange)YesSeries A SharesGBSEKJul 2016
7M7DB (Deutsche Boerse AG)YesSeries A SharesDEEURJul 2016

Biography

Maha Energy AB (publ), an independent and international oil and gas company, engages in the exploration, development, and production of crude oil and natural gas in the United States, Canada, Brazil, and S ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 22:03
End of Day Share Price2019/08/22 00:00
Earnings2019/03/31
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.