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AUE

Golden Energy and ResourcesSGX:AUE Stock Report

Last Price

S$0.30

Market Cap

S$705.9m

7D

3.4%

1Y

80.7%

Updated

23 Jan, 2022

Data

Company Financials +
AUE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends0/6

AUE Stock Overview

Golden Energy and Resources Limited, an investment holding company, engages in the exploration, mining, marketing, and trading of thermal coal.

Golden Energy and Resources Competitors

Glencore

LSE:GLEN

UK£53.7b

Anglo American

LSE:AAL

UK£41.7b

Bayan Resources

IDX:BYAN

Rp118.1t

Bukitm

IDX:PTBA

Rp32.5t

Price History & Performance

Summary of all time highs, changes and price drops for Golden Energy and Resources
Historical stock prices
Current Share PriceS$0.30
52 Week HighS$0.51
52 Week LowS$0.14
Beta0.36
1 Month Change5.26%
3 Month Change-30.23%
1 Year Change80.72%
3 Year Change22.45%
5 Year Change-38.14%
Change since IPO-58.33%

Recent News & Updates

Dec 13
Does Golden Energy and Resources (SGX:AUE) Have A Healthy Balance Sheet?

Does Golden Energy and Resources (SGX:AUE) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Dec 13
We Think Golden Energy and Resources (SGX:AUE) Can Stay On Top Of Its Debt

We Think Golden Energy and Resources (SGX:AUE) Can Stay On Top Of Its Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Oct 20
Returns At Golden Energy and Resources (SGX:AUE) Are On The Way Up

Returns At Golden Energy and Resources (SGX:AUE) Are On The Way Up

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...

Shareholder Returns

AUESG Oil and GasSG Market
7D3.4%2.6%0.2%
1Y80.7%20.3%4.4%

Return vs Industry: AUE exceeded the SG Oil and Gas industry which returned 20.3% over the past year.

Return vs Market: AUE exceeded the SG Market which returned 4.4% over the past year.

Price Volatility

Is AUE's price volatile compared to industry and market?
AUE volatility
AUE Average Weekly Movement7.3%
Oil and Gas Industry Average Movement8.2%
Market Average Movement4.5%
10% most volatile stocks in SG Market12.1%
10% least volatile stocks in SG Market2.1%

Stable Share Price: AUE is more volatile than 75% of SG stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: AUE's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of SG stocks.

About the Company

FoundedEmployeesCEOWebsite
n/an/aDwi Prasetyo Susenohttps://www.gear.com.sg

Golden Energy and Resources Limited, an investment holding company, engages in the exploration, mining, marketing, and trading of thermal coal. The company operates through Energy Coal, Metallurgical Coal, and Non-Coal Business segments. It holds interests in five coal mining concession areas that covers an area of approximately 66,204 hectares located in South Kalimantan, Central Kalimantan, Jambi, and South Sumatra Basin in Indonesia; and owns forestry concession rights of 265,095 hectares in Kalimantan, as well also owns the rights to mine approximately 2.9 billion tons of thermal coal resources with coal reserves of approximately 1.0 billion tons.

Golden Energy and Resources Fundamentals Summary

How do Golden Energy and Resources's earnings and revenue compare to its market cap?
AUE fundamental statistics
Market CapUS$525.21m
Earnings (TTM)US$20.68m
Revenue (TTM)US$1.38b

25.4x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AUE income statement (TTM)
RevenueUS$1.38b
Cost of RevenueUS$882.53m
Gross ProfitUS$494.91m
ExpensesUS$474.23m
EarningsUS$20.68m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.0088
Gross Margin35.93%
Net Profit Margin1.50%
Debt/Equity Ratio62.3%

How did AUE perform over the long term?

See historical performance and comparison

Valuation

Is Golden Energy and Resources 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: AUE (SGD0.3) is trading below our estimate of fair value (SGD3.4)

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


Price To Earnings Ratio

PE vs Industry: AUE is poor value based on its PE Ratio (25.4x) compared to the SG Oil and Gas industry average (10.7x).

PE vs Market: AUE is poor value based on its PE Ratio (25.4x) compared to the SG market (13.3x).


Price to Earnings Growth Ratio

PEG Ratio: AUE's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: AUE is overvalued based on its PB Ratio (1.2x) compared to the SG Oil and Gas industry average (0.8x).


Future Growth

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

-21.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AUE's earnings are forecast to decline over the next 3 years (-21.3% per year).

Earnings vs Market: AUE's earnings are forecast to decline over the next 3 years (-21.3% per year).

High Growth Earnings: AUE's earnings are forecast to decline over the next 3 years.

Revenue vs Market: AUE's revenue is expected to decline over the next 3 years (-0.6% per year).

High Growth Revenue: AUE's revenue is forecast to decline over the next 3 years (-0.6% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AUE's Return on Equity is forecast to be low in 3 years time (15.6%).


Past Performance

How has Golden Energy and Resources performed over the past 5 years?

-16.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AUE has high quality earnings.

Growing Profit Margin: AUE's current net profit margins (1.5%) are higher than last year (1.2%).


Past Earnings Growth Analysis

Earnings Trend: AUE has become profitable over the past 5 years, growing earnings by -16.5% per year.

Accelerating Growth: AUE's earnings growth over the past year (47.9%) exceeds its 5-year average (-16.5% per year).

Earnings vs Industry: AUE earnings growth over the past year (47.9%) underperformed the Oil and Gas industry 47.9%.


Return on Equity

High ROE: AUE's Return on Equity (12.2%) is considered low.


Financial Health

How is Golden Energy and Resources's financial position?


Financial Position Analysis

Short Term Liabilities: AUE's short term assets ($620.8M) exceed its short term liabilities ($368.8M).

Long Term Liabilities: AUE's short term assets ($620.8M) exceed its long term liabilities ($492.8M).


Debt to Equity History and Analysis

Debt Level: AUE's net debt to equity ratio (24.1%) is considered satisfactory.

Reducing Debt: AUE's debt to equity ratio has increased from 50.5% to 62.3% over the past 5 years.

Debt Coverage: AUE's debt is well covered by operating cash flow (51.3%).

Interest Coverage: AUE's interest payments on its debt are well covered by EBIT (6x coverage).


Balance Sheet


Dividend

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


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: AUE is not paying a notable dividend for the SG market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of AUE's dividend in 3 years as they are not forecast to pay a notable one for the SG market.


Next Steps

Management

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

1.3yrs

Average management tenure


CEO

Dwi Prasetyo Suseno (47 yo)

0.92

Tenure

Mr. Dwi Prasetyo Suseno, B.Commerce, Grad. Dip Tax, Grad Dip in Business, MBA, C.A. (Singapore), FCPA, serves as Group Chief Executive Officer at Golden Energy and Resources Limited since February 8, 2021....


Leadership Team

Experienced Management: AUE's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: AUE's board of directors are considered experienced (6.8 years average tenure).


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

Golden Energy and Resources Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Golden Energy and Resources Limited
  • Ticker: AUE
  • Exchange: SGX
  • Founded: NaN
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Implied Market Cap: S$705.930m
  • Shares outstanding: 2.35b
  • Website: https://www.gear.com.sg

Number of Employees


Location

  • Golden Energy and Resources Limited
  • No. 05-05 PLUS
  • 20 Cecil Street
  • Singapore
  • 49705
  • Singapore

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/23 11:01
End of Day Share Price2022/01/21 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.