NYSE:SJT

Stock Analysis Report

San Juan Basin Royalty Trust

Executive Summary

San Juan Basin Royalty Trust operates as an express trust in Texas.

Rewards


Snowflake Analysis


Similar Companies

Share Price & News

How has San Juan Basin Royalty Trust's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SJT has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.6%

SJT

0.2%

US Oil and Gas

1.8%

US Market


1 Year Return

-51.9%

SJT

-18.7%

US Oil and Gas

20.1%

US Market

Return vs Industry: SJT underperformed the US Oil and Gas industry which returned -18.7% over the past year.

Return vs Market: SJT underperformed the US Market which returned 20.1% over the past year.


Shareholder returns

SJTIndustryMarket
7 Day0.6%0.2%1.8%
30 Day-15.2%-9.5%1.4%
90 Day3.7%-6.7%8.8%
1 Year-49.9%-51.9%-15.5%-18.7%22.7%20.1%
3 Year-59.8%-67.6%-13.0%-21.2%50.1%40.4%
5 Year-78.9%-84.4%-21.8%-33.4%72.9%53.9%

Price Volatility Vs. Market

How volatile is San Juan Basin Royalty Trust's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is San Juan Basin Royalty Trust 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: SJT ($2.38) is trading below our estimate of fair value ($5.33)

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


Price To Earnings Ratio

PE vs Industry: SJT is good value based on its PE Ratio (7.7x) compared to the Oil and Gas industry average (8.8x).

PE vs Market: SJT is good value based on its PE Ratio (7.7x) compared to the US market (18.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SJT's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SJT is overvalued based on its PB Ratio (19.8x) compared to the US Oil and Gas industry average (0.8x).

Future Growth

How is San Juan Basin Royalty Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.7%

Forecasted Energy industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as San Juan Basin Royalty Trust has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has San Juan Basin Royalty Trust performed over the past 5 years?

-17.8%

Historical annual earnings growth


Earnings and Revenue History

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

Growing Profit Margin: SJT's current net profit margins (91.2%) are lower than last year .


Past Earnings Growth Analysis

Earnings Trend: SJT's earnings have declined by -17.8% per year over the past 5 years.

Accelerating Growth: SJT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SJT had negative earnings growth (-33.8%) over the past year, making it difficult to compare to the Oil and Gas industry average (-9.9%).


Return on Equity

High ROE: SJT's Return on Equity (257.7%) is considered outstanding.


Return on Assets


Return on Capital Employed

Financial Health

How is San Juan Basin Royalty Trust's financial position?


Financial Position Analysis

Short Term Liabilities: SJT's short term assets ($580.6K) do not cover its short term liabilities ($2.1M).

Long Term Liabilities: SJT's short term assets ($580.6K) do not cover its long term liabilities ($-1.5M).


Debt to Equity History and Analysis

Debt Level: SJT is debt free.

Reducing Debt: SJT has not had any debt for past 5 years.

Debt Coverage: SJT has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: SJT has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: SJT has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if SJT's debt is covered by short term assets.

Dividend

What is San Juan Basin Royalty Trust's current dividend yield, its reliability and sustainability?

15.14%

Current Dividend Yield


Dividend Yield vs Market

company15.1%marketbottom25%1.4%markettop25%3.7%industryaverage4.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: SJT's dividend (15.14%) is higher than the bottom 25% of dividend payers in the US market (1.44%).

High Dividend: SJT's dividend (15.14%) is in the top 25% of dividend payers in the US market (3.68%)


Stability and Growth of Payments

Stable Dividend: SJT's dividend payments have been volatile in the past 10 years.

Growing Dividend: SJT's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (100%), SJT's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.

Management

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


CEO

San Juan Basin Royalty Trust has no CEO, or we have no data on them.


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

San Juan Basin Royalty Trust's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: San Juan Basin Royalty Trust
  • Ticker: SJT
  • Exchange: NYSE
  • Founded: 1980
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: US$110.696m
  • Shares outstanding: 46.61m
  • Website: https://www.sjbrt.com

Location

  • San Juan Basin Royalty Trust
  • 300 West 7th Street
  • Suite B
  • Fort Worth
  • Texas
  • 76102
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SJTNYSE (New York Stock Exchange)YesTrust UnitsUSUSDOct 1980

Biography

San Juan Basin Royalty Trust operates as an express trust in Texas. The company has a 75% net overriding royalty interest carved out of Southland’s oil and natural gas interests (the subject interests) in properties located in the San Juan Basin in northwestern New Mexico. The subject interests consist of working interests, royalty interests, overriding royalty interests, and other contractual rights in 119,000 net producing acres in San Juan, Rio Arriba, and Sandoval Counties of northwestern New Mexico, as well as 828.1 net wells. Compass Bank serves as the trustee of the San Juan Basin Royalty Trust. The company was founded in 1980 and is based in Fort Worth, Texas. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/15 23:47
End of Day Share Price2020/02/14 00:00
Earnings2019/09/30
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.