OTCPK:HIPE.F

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Hibiscus Petroleum Berhad

Executive Summary

Hibiscus Petroleum Berhad, an investment holding company, explores for, develops, and produces oil and gas.


Snowflake Analysis

Mediocre balance sheet and slightly overvalued.

Share Price & News

How has Hibiscus Petroleum Berhad's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

HIPE.F

0.9%

US Oil and Gas

1.7%

US Market


1 Year Return

n/a

HIPE.F

-33.0%

US Oil and Gas

8.5%

US Market

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

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


Shareholder returns

HIPE.FIndustryMarket
7 Day0%0.9%1.7%
30 Dayn/a7.5%9.5%
90 Dayn/a-11.4%0.1%
1 Yearn/a-29.8%-33.0%11.0%8.5%
3 Yearn/a-31.0%-37.9%32.2%23.5%
5 Year-31.8%-31.8%-39.1%-48.3%58.6%40.8%

Price Volatility Vs. Market

How volatile is Hibiscus Petroleum Berhad's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Hibiscus Petroleum Berhad undervalued compared to its fair value and its price relative to the market?

9.02x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate HIPE.F's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate HIPE.F's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: HIPE.F is good value based on its PE Ratio (9x) compared to the Oil and Gas industry average (9.7x).

PE vs Market: HIPE.F is good value based on its PE Ratio (9x) compared to the US market (15.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: HIPE.F is overvalued based on its PB Ratio (0.8x) compared to the US Oil and Gas industry average (0.7x).


Next Steps

Future Growth

How is Hibiscus Petroleum Berhad forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

-18.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HIPE.F's earnings are forecast to decline over the next 3 years (-18.9% per year).

Earnings vs Market: HIPE.F's earnings are forecast to decline over the next 3 years (-18.9% per year).

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

Revenue vs Market: HIPE.F's revenue is expected to decline over the next 3 years (-4.1% per year).

High Growth Revenue: HIPE.F's revenue is forecast to decline over the next 3 years (-4.1% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: HIPE.F's Return on Equity is forecast to be low in 3 years time (9.2%).


Next Steps

Past Performance

How has Hibiscus Petroleum Berhad performed over the past 5 years?

50.3%

Historical annual earnings growth


Earnings and Revenue History

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

Growing Profit Margin: HIPE.F's current net profit margins (14.3%) are lower than last year (32.4%).


Past Earnings Growth Analysis

Earnings Trend: HIPE.F has become profitable over the past 5 years, growing earnings by 50.3% per year.

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

Earnings vs Industry: HIPE.F had negative earnings growth (-60.2%) over the past year, making it difficult to compare to the Oil and Gas industry average (-19.8%).


Return on Equity

High ROE: HIPE.F's Return on Equity (8.8%) is considered low.


Next Steps

Financial Health

How is Hibiscus Petroleum Berhad's financial position?


Financial Position Analysis

Short Term Liabilities: HIPE.F's short term assets (MYR356.4M) do not cover its short term liabilities (MYR400.0M).

Long Term Liabilities: HIPE.F's short term assets (MYR356.4M) do not cover its long term liabilities (MYR851.1M).


Debt to Equity History and Analysis

Debt Level: HIPE.F's debt to equity ratio (3.6%) is considered satisfactory.

Reducing Debt: HIPE.F's debt to equity ratio has increased from 0.04% to 3.6% over the past 5 years.

Debt Coverage: HIPE.F's debt is well covered by operating cash flow (544.3%).

Interest Coverage: HIPE.F earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Hibiscus Petroleum Berhad's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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


Next Steps

Management

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

3.3yrs

Average management tenure


CEO

Kenneth Pereira (61yo)

9.75yrs

Tenure

Dr. Kenneth Gerard Pereira has been Managing Director of Hibiscus Petroleum Berhad since September 13, 2010. Dr. Pereira served as an Executive Officer of Sapuracrest Petroleum Bhd. He served as Chief Fina ...


Leadership Team

NamePositionTenureCompensationOwnership
Kenneth Pereira
MD & Director9.75yrsno datano data
Chee Yip
Chief Financial Officer3.25yrsno datano data
Mark Paton
Chief Operating Officer4.08yrsno datano data
Kock Lim
Group General Counsel3.25yrsno datano data
Uday Jayaram
Vice President of Corporate Development2.17yrsno datano data
Ambrose Corray
Vice President of Human Capital1.42yrsno datano data
Chee Chong
Chief Operating Officer of SEA Hibiscus Sdn Bhd2.5yrsno datano data
Pascal Josephus Hos
Chief Executive Officer of Sea Hibiscus Sdn Bhd2.75yrsno datano data
Ai Tan
Joint Company Secretary7.33yrsno datano data
Yit Tai
Joint Company Secretary7.33yrsno datano data

3.3yrs

Average Tenure

55.5yo

Average Age

Experienced Management: HIPE.F's management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Kenneth Pereira
MD & Director9.75yrsno datano data
Zainul bin Mohd Zain
Non-Independent Non-Executive Chairmanno dataRM185.00kno data
Thomas Taylor
Senior Independent Non-Executive Director3.83yrsRM174.00kno data
Roushan Arumugam
Independent Non-Executive Director8.92yrsRM144.00k3.41% MYR8.7m
Zaha Binti Zahari
Independent & Non Executive Director2.75yrsRM113.50k0.28% MYR721.5k

6.4yrs

Average Tenure

61yo

Average Age

Experienced Board: HIPE.F's board of directors are considered experienced (6.4 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

Hibiscus Petroleum Berhad's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hibiscus Petroleum Berhad
  • Ticker: HIPE.F
  • Exchange: OTCPK
  • Founded: 2007
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: RM1.088b
  • Listing Market Cap: RM254.649m
  • Shares outstanding: 1.59b
  • Website: https://www.hibiscuspetroleum.com

Location

  • Hibiscus Petroleum Berhad
  • Syed Kechik Foundation Building
  • 2nd Floor
  • Kuala Lumpur
  • 59100
  • Malaysia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HIBISCSKLSE (Bursa Malaysia)YesOrdinary SharesMYMYRJul 2011
HIPE.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJul 2011

Biography

Hibiscus Petroleum Berhad, an investment holding company, explores for, develops, and produces oil and gas. The company operates through North Sabah, Anasuria Hibiscus, 3D Oil, VIC/L31 & VIC/P57, and Investment Holding and Group Activities segments. It holds interests in the North Sabah enhanced oil recovery production sharing contract (PSC) producing fields in Malaysia. The company also holds interests in the Anasuria Cluster producing fields located to the east of Aberdeen in the Central North Sea, United Kingdom; and operates VIC/L31 production license and VIC/P57 exploration permit in the Australia, as well as invests in 3D oil. In addition, it invests in, owns, and operates oil and gas concessions; and provides project management, technical, and other services relating to the oil and gas exploration and production industry. Hibiscus Petroleum Berhad was incorporated in 2007 and is based in Kuala Lumpur, Malaysia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/03 04:30
End of Day Share Price2020/05/19 00:00
Earnings2020/03/31
Annual Earnings2019/06/30


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.