How does ASTT.F's PS Ratio compare to its peers?

ASTT.F is good value based on its Price-To-Sales Ratio (0.4x) compared to the peer average (3.9x).

How does ASTT.F's PS Ratio compare vs other companies in the US Oil and Gas Industry?

ASTT.F is good value based on its Price-To-Sales Ratio (0.4x) compared to the US Oil and Gas industry average (2x).

What is ASTT.F's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate ASTT.F's Price-To-Sales Fair Ratio for valuation analysis.

What is the Fair Price of ASTT.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

ASTT.F ($0) is trading below our estimate of [[fair value]] ($0)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

ASTT.F Stock Overview

An upstream oil and gas company, engages in the exploration, development, and production of oil and gas assets. More details

ASTT.F fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Trading at 70.1% below our estimate of its fair value

Earnings have grown 34.2% per year over the past 5 years

Risk Analysis

Shares are highly illiquid

Does not have a meaningful market cap ($12M)

Shareholders have been diluted in the past year

My Notes

Capture your thoughts, links and company narrative

Australis Oil & Gas Limited Competitors

LNG Energy Group

OTCPK:LNGN.F

US$7.0m

Marine Petroleum Trust

NasdaqCM:MARP.S

US$7.6m

Abraxas Petroleum

OTCPK:AXAS

US$10.3m

Royale Energy

OTCPK:ROYL

US$4.8m

Price History & Performance

Summary of share price highs, lows and changes for Australis Oil & Gas
Historical stock prices
Current Share Price	AU$0.001
52 Week High	AU$0.001
52 Week Low	AU$0.001
Beta	2.91
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	-97.50%
5 Year Change	-99.00%
Change since IPO	-99.75%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	ASTT.F	US Oil and Gas	US Market
7D	0%	-6.6%	-3.5%
1Y	n/a	1.7%	22.1%

Return vs Industry: Insufficient data to determine how ASTT.F performed against the US Oil and Gas industry.

Return vs Market: Insufficient data to determine how ASTT.F performed against the US Market.

Price Volatility

Is ASTT.F's price volatile compared to industry and market?
ASTT.F volatility
ASTT.F Average Weekly Movement	n/a
Oil and Gas Industry Average Movement	5.3%
Market Average Movement	6.3%
10% most volatile stocks in US Market	17.0%
10% least volatile stocks in US Market	3.1%

Stable Share Price: ASTT.F's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine ASTT.F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2014	n/a	Ian Lusted	www.australisoil.com

Australis Oil & Gas Limited, an upstream oil and gas company, engages in the exploration, development, and production of oil and gas assets. It holds interest in the Tuscaloosa Marine Shale that consists of 31 producing wells covering an area of approximately 61,400 net acres located in Louisiana and Mississippi, the United States. The company was founded in 2014 and is headquartered in Subiaco, Australia.

Australis Oil & Gas Limited Fundamentals Summary

How do Australis Oil & Gas's earnings and revenue compare to its market cap?
ASTT.F fundamental statistics
Market cap	US$7.84m
Earnings (TTM)	-US$5.59m
Revenue (TTM)	US$19.28m

0.4x

P/S Ratio

-1.4x

P/E Ratio

Is ASTT.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ASTT.F income statement (TTM)
Revenue	US$19.28m
Cost of Revenue	US$15.12m
Gross Profit	US$4.16m
Other Expenses	US$9.75m
Earnings	-US$5.59m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0043
Gross Margin	21.57%
Net Profit Margin	-29.02%
Debt/Equity Ratio	23.2%

How did ASTT.F perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/10/13 21:56
End of Day Share Price	2024/07/16 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Australis Oil & Gas Limited is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Peter Arden	Bell Potter
Andrew Williams	RaaS Advisory Pty Ltd
Gordon Ramsay	RBC Capital Markets