Tethys Oil AB (publ) focuses on the exploration and production of oil and natural gas properties. More Details
Very undervalued with flawless balance sheet and pays a dividend.
Share Price & News
How has Tethys Oil's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TETY's share price has been volatile over the past 3 months.
7 Day Return
SE Oil and Gas
1 Year Return
SE Oil and Gas
Return vs Industry: TETY underperformed the Swedish Oil and Gas industry which returned -40.2% over the past year.
Return vs Market: TETY underperformed the Swedish Market which returned 15.2% over the past year.
Price Volatility Vs. Market
How volatile is Tethys Oil's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StWhat You Need To Know About Tethys Oil AB (publ)'s (STO:TETY) Investor Composition
1 month ago | Simply Wall StInsider Buying: The Tethys Oil AB (publ) (STO:TETY) Chief Technical Officer Just Bought 19% More Shares
1 month ago | Simply Wall StKey Things To Watch Out For If You Are After Tethys Oil AB (publ)'s (STO:TETY) 9.1% Dividend
Is Tethys Oil undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TETY (SEK40.3) is trading below our estimate of fair value (SEK59.12)
Significantly Below Fair Value: TETY is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TETY is good value based on its PE Ratio (6.8x) compared to the XE Oil and Gas industry average (9.9x).
PE vs Market: TETY is good value based on its PE Ratio (6.8x) compared to the Swedish market (22.4x).
Price to Earnings Growth Ratio
PEG Ratio: TETY is good value based on its PEG Ratio (0.2x)
Price to Book Ratio
PB vs Industry: TETY is good value based on its PB Ratio (0.6x) compared to the SE Oil and Gas industry average (1.2x).
How is Tethys Oil forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TETY's forecast earnings growth (37.9% per year) is above the savings rate (0.5%).
Earnings vs Market: TETY's earnings (37.9% per year) are forecast to grow faster than the Swedish market (12.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TETY's revenue (4.2% per year) is forecast to grow faster than the Swedish market (3.1% per year).
High Growth Revenue: TETY's revenue (4.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TETY's Return on Equity is forecast to be low in 3 years time (10.8%).
How has Tethys Oil performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TETY has high quality earnings.
Growing Profit Margin: TETY's current net profit margins (16.9%) are lower than last year (38.5%).
Past Earnings Growth Analysis
Earnings Trend: TETY's earnings have grown significantly by 25.2% per year over the past 5 years.
Accelerating Growth: TETY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TETY had negative earnings growth (-63.1%) over the past year, making it difficult to compare to the Oil and Gas industry average (-18%).
Return on Equity
High ROE: TETY's Return on Equity (8.7%) is considered low.
How is Tethys Oil's financial position?
Financial Position Analysis
Short Term Liabilities: TETY's short term assets ($65.9M) exceed its short term liabilities ($9.1M).
Long Term Liabilities: TETY's short term assets ($65.9M) exceed its long term liabilities ($10.7M).
Debt to Equity History and Analysis
Debt Level: TETY is debt free.
Reducing Debt: TETY has no debt compared to 5 years ago when its debt to equity ratio was 0.09%.
Debt Coverage: TETY has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TETY has no debt, therefore coverage of interest payments is not a concern.
What is Tethys Oil current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TETY's dividend (10.74%) is higher than the bottom 25% of dividend payers in the Swedish market (1.19%).
High Dividend: TETY's dividend (10.74%) is in the top 25% of dividend payers in the Swedish market (4.3%)
Stability and Growth of Payments
Stable Dividend: TETY has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TETY's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (31.9%), TETY's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TETY's dividends in 3 years are forecast to be well covered by earnings (45.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Magnus Nordin (64 yo)
Mr. Magnus Nordin founded Tethys Oil AB (publ) in 2001 and has been its Chief Executive Officer and Managing Director since 2001 and 2004 respectively. Mr. Nordin served as a Vice President of Software Dev ...
CEO Compensation Analysis
Compensation vs Market: Magnus's total compensation ($USD0.00) is below average for companies of similar size in the Swedish market ($USD391.05K).
Compensation vs Earnings: Magnus's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Founder||16.75yrs||no data||4.69% |
|Acting Chief Financial Officer||0.75yr||no data||0.015% |
|Chief Technical Officer||4.08yrs||no data||0.037% |
Experienced Management: TETY's management team is considered experienced (4.1 years average tenure).
|Founder||16.75yrs||no data||4.69% |
|Independent Chairman||2.42yrs||US$765.00k||0.11% |
|Director||0.42yr||no data||no data|
|Independent Director||3.42yrs||US$400.00k||no data|
|Independent Director||3.42yrs||US$395.00k||no data|
|Independent Director||3.42yrs||US$430.00k||0.015% |
Experienced Board: TETY's board of directors are considered experienced (3.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TETY insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Tethys Oil AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Tethys Oil AB (publ)
- Ticker: TETY
- Exchange: OM
- Founded: 2001
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: kr1.332b
- Shares outstanding: 33.06m
- Website: https://www.tethysoil.com
Number of Employees
- Tethys Oil AB (publ)
- Hovslagargatan 5B
- Stockholm County
- 111 48
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TETY||OM (OMX Nordic Exchange Stockholm)||Yes||Common Stock||SE||SEK||Apr 2004|
|TZB5||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Apr 2004|
|0A1V||LSE (London Stock Exchange)||Yes||Common Stock||GB||SEK||Apr 2004|
|TETYS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Common Stock||GB||SEK||Apr 2004|
Tethys Oil AB (publ) focuses on the exploration and production of oil and natural gas properties. It holds 100% interests in the Block 49 covering approximately 15,439 square kilometers; 30% interest in th ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/22 20:38|
|End of Day Share Price||2020/10/22 00:00|
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.