Executive Summary
Geo Energy Resources Limited, an investment holding company, engages in mining, producing, and trading coal in Indonesia.
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential and slightly overvalued.
Similar Companies
Share Price & News
How has Geo Energy Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RE4's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
6.7%
RE4
5.7%
SG Oil and Gas
-4.9%
SG Market
1 Year Return
-54.5%
RE4
-38.2%
SG Oil and Gas
-29.0%
SG Market
Return vs Industry: RE4 underperformed the SG Oil and Gas industry which returned -35% over the past year.
Return vs Market: RE4 underperformed the SG Market which returned -27.1% over the past year.
Shareholder returns
| RE4 | Industry | Market | |
|---|---|---|---|
| 7 Day | 6.7% | 5.7% | -4.9% |
| 30 Day | -39.9% | -16.0% | -22.2% |
| 90 Day | -44.8% | -27.3% | -27.6% |
| 1 Year | -53.5%-54.5% | -35.1%-38.2% | -26.0%-29.0% |
| 3 Year | -73.4%-76.8% | -62.9%-66.0% | -21.3%-29.7% |
| 5 Year | -53.9%-59.8% | -52.3%-58.6% | -20.3%-33.9% |
Price Volatility Vs. Market
How volatile is Geo Energy Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Did You Manage To Avoid Geo Energy Resources's (SGX:RE4) Painful 55% Share Price Drop?1 month ago | Simply Wall St
Do Directors Own Geo Energy Resources Limited (SGX:RE4) Shares?2 months ago | Simply Wall St
Geo Energy Resources (SGX:RE4) Has Debt But No Earnings; Should You Worry?Valuation
Is Geo Energy 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: RE4 (SGD0.08) is trading below our estimate of fair value (SGD0.54)
Significantly Below Fair Value: RE4 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RE4 is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: RE4 is unprofitable, so we can't compare its PE Ratio to the SG market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RE4's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RE4 is overvalued based on its PB Ratio (0.6x) compared to the SG Oil and Gas industry average (0.6x).
Next Steps
Future Growth
How is Geo Energy Resources forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
106.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RE4 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.8%).
Earnings vs Market: RE4 is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: RE4's is expected to become profitable in the next 3 years.
Revenue vs Market: RE4's revenue (6.2% per year) is forecast to grow faster than the SG market (4% per year).
High Growth Revenue: RE4's revenue (6.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RE4's Return on Equity is forecast to be low in 3 years time (13.2%).
Next Steps
Past Performance
How has Geo Energy Resources performed over the past 5 years?
7.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RE4 is currently unprofitable.
Growing Profit Margin: RE4 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: RE4 is unprofitable, but has reduced losses over the past 5 years at a rate of 7.7% per year.
Accelerating Growth: Unable to compare RE4's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RE4 is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-1%).
Return on Equity
High ROE: RE4 has a negative Return on Equity (-28.33%), as it is currently unprofitable.
Next Steps
Financial Health
How is Geo Energy Resources's financial position?
Financial Position Analysis
Short Term Liabilities: RE4's short term assets ($235.2M) exceed its short term liabilities ($82.7M).
Long Term Liabilities: RE4's short term assets ($235.2M) do not cover its long term liabilities ($285.3M).
Debt to Equity History and Analysis
Debt Level: RE4's debt to equity ratio (208.1%) is considered high.
Reducing Debt: RE4's debt to equity ratio has increased from 67.6% to 208.1% over the past 5 years.
Balance Sheet
Inventory Level: RE4 has a high level of physical assets or inventory.
Debt Coverage by Assets: RE4's debt is not covered by short term assets (assets are 0.8x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: RE4 has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: RE4 has been profitable on average in the past, therefore cash runway is not a concern.
Next Steps
Dividend
What is Geo Energy Resources's current dividend yield, its reliability and sustainability?
6.49%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RE4's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate RE4's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if RE4's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RE4's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: RE4 is not paying a notable dividend for the SG market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of RE4'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?
3.8yrs
Average management tenure
CEO
Kum Tung (60yo)
4.42s
Tenure
Mr. Kum Hon Tung has been the Chief Executive Officer of Geo Energy Resources Limited since November 1, 2015 and has been Executive Director since December 1, 2015. Mr. Tung is responsible for the overall ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 4.42yrs | no data | 0.71% $800.0k | |
| Founder & Executive Director | 9.92yrs | no data | 4.08% $4.6m | |
| Founder & Executive Director | 9.83yrs | no data | 2.13% $2.4m | |
| Group Financial Controller | 0.25yr | no data | no data | |
| Chief Financial Officer | no data | no data | no data | |
| Head of Operations | 1.83yrs | no data | no data | |
| Head of Marketing | 9.08yrs | no data | no data | |
| Group Head of Corporate & Human Resource | 8.25yrs | no data | no data | |
| Company Secretary | 3.75yrs | no data | no data | |
| Financial Controller | 3.67yrs | no data | no data |
3.8yrs
Average Tenure
53.5yo
Average Age
Experienced Management: RE4's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 4.42yrs | no data | 0.71% $800.0k | |
| Founder & Executive Director | 9.92yrs | no data | 4.08% $4.6m | |
| Founder & Executive Director | 9.83yrs | no data | 2.13% $2.4m | |
| Independent Director | 7.33yrs | no data | 0.24% $272.0k | |
| Lead Independent Director | 7.58yrs | no data | no data | |
| Independent Director | 7.58yrs | no data | 0.029% $32.0k | |
| Founder & Executive Chairman | 9.92yrs | no data | 20.96% $23.5m | |
| Independent Director | 7.58yrs | no data | 0.021% $24.0k |
7.6yrs
Average Tenure
50yo
Average Age
Experienced Board: RE4's board of directors are considered experienced (7.6 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.6%.
Top Shareholders
Company Information
Geo Energy Resources Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Geo Energy Resources Limited
- Ticker: RE4
- Exchange: SGX
- Founded: 2008
- Industry: Coal and Consumable Fuels
- Sector: Energy
- Market Cap: S$111.942m
- Shares outstanding: 1.40b
- Website: https://www.geocoal.com
Location
- Geo Energy Resources Limited
- Tower 3 No. 16-01
- Marina Bay Financial Centre
- Singapore
- 18982
- Singapore
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| RE4 | SGX (Singapore Exchange) | Yes | Ordinary Shares | SG | SGD | Oct 2012 |
| 7GE | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Oct 2012 |
Biography
Geo Energy Resources Limited, an investment holding company, engages in mining, producing, and trading coal in Indonesia. The company operates through Coal Mining, Coal Trading, and Mining Services segments. The Coal Mining segment engages in the production and sale of coal. The Coal Trading segment is involved in the purchase and sale of coal from third parties. The Mining Services segment provides mining contracting and project management services for mining activities conducted at third party mines. The company owns and operates PT Bumi Enggang Khatulistiwa mining concession that covers approximately 4,570 hectares of land located in Kutai Barat, East Kalimantan; the PT Sungai Danau Jaya mining concession that covers 235.5 hectares of land located in Tanah Bumbu, South Kalimantan; PT Tanah Bumbu Resources mining concession covering an area of 489.1 hectares of land located in Tanah Bumbu, South Kalimantan; PT Angsana Jaya Energi mining concession that covers 489 hectares of land located in Tanah Bumbu, South Kalimantan; and PT Surya Tambang Tolindo mining concession covering an area of 4,600 hectares in Kutai Barat, East Kalimantan. It also engages in the power generation and general trading activities; and operates as a multimedia supplier, as well as offers business and management consultant services. Geo Energy Resources Limited was founded in 2008 and is based in Singapore.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/03 14:06 |
| End of Day Share Price | 2020/04/03 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.