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Hibiscus Petroleum Berhad

OTCPK:HIPE.F
Snowflake Description

Outstanding track record and undervalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
HIPE.F
OTCPK
MYR2B
Market Cap
  1. Home
  2. US
  3. Energy
Company description

Hibiscus Petroleum Berhad, an investment holding company, explores for, develops, and produces oil and gas. The last earnings update was 95 days ago. More info.


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HIPE.F Share Price and Events
7 Day Returns
0%
OTCPK:HIPE.F
-4.5%
US Oil and Gas
-2.1%
US Market
1 Year Returns
-
OTCPK:HIPE.F
-17.9%
US Oil and Gas
1.3%
US Market
HIPE.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Hibiscus Petroleum Berhad (HIPE.F) 0% 0% - - - -
US Oil and Gas -4.5% -10.2% -6.2% -17.9% -6.1% -36.3%
US Market -2.1% -4.2% 0% 1.3% 33.5% 38%
1 Year Return vs Industry and Market
  • No trading data on HIPE.F.
  • No trading data on HIPE.F.
Price Volatility
HIPE.F
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Hibiscus Petroleum Berhad's competitors could be found in our database.

Value

 Is Hibiscus Petroleum Berhad undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Hibiscus Petroleum Berhad to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Hibiscus Petroleum Berhad.

OTCPK:HIPE.F Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 3 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.3%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:HIPE.F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.89
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.889 (1 + (1- 24%) (0.89%))
0.93
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.93
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.93 * 5.96%)
8.27%

Discounted Cash Flow Calculation for OTCPK:HIPE.F using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Hibiscus Petroleum Berhad is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:HIPE.F DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (MYR, Millions) Source Present Value
Discounted (@ 8.27%)
2019 501.16 Est @ 88.31% 462.87
2020 815.05 Est @ 62.63% 695.27
2021 1,179.07 Est @ 44.66% 928.95
2022 1,557.35 Est @ 32.08% 1,133.24
2023 1,919.86 Est @ 23.28% 1,290.29
2024 2,248.40 Est @ 17.11% 1,395.65
2025 2,536.15 Est @ 12.8% 1,453.99
2026 2,784.13 Est @ 9.78% 1,474.20
2027 2,997.48 Est @ 7.66% 1,465.91
2028 3,182.83 Est @ 6.18% 1,437.63
Present value of next 10 years cash flows MYR11,738.00
OTCPK:HIPE.F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= MYR3,182.83 × (1 + 2.73%) ÷ (8.27% – 2.73%)
MYR58,998.04
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= MYR58,998.04 ÷ (1 + 8.27%)10
MYR26,648.49
OTCPK:HIPE.F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= MYR11,738.00 + MYR26,648.49
MYR38,386.49
Equity Value per Share
(MYR)
= Total value / Shares Outstanding
= MYR38,386.49 / 1,588.23
MYR24.17
OTCPK:HIPE.F Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OTCPK:HIPE.F represents 0.23786x of KLSE:HIBISCS
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.23786x
Value per Share
(Listing Adjusted, USD)
= Value per Share (MYR) x Listing Adjustment Factor
= MYR 24.17 x 0.23786
$5.75
Value per share (USD) From above. $5.75
Current discount Discount to share price of $0.25
= -1 x ($0.25 - $5.75) / $5.75
95.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Hibiscus Petroleum Berhad is available for.
Intrinsic value
>50%
Share price is $0.25 vs Future cash flow value of $5.75
Current Discount Checks
For Hibiscus Petroleum Berhad to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Hibiscus Petroleum Berhad's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Hibiscus Petroleum Berhad's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Hibiscus Petroleum Berhad's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Hibiscus Petroleum Berhad's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:HIPE.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in MYR MYR0.21
KLSE:HIBISCS Share Price ** KLSE (2019-03-11) in MYR MYR1.03
United States of America Oil and Gas Industry PE Ratio Median Figure of 101 Publicly-Listed Oil and Gas Companies 12.79x
United States of America Market PE Ratio Median Figure of 3,082 Publicly-Listed Companies 17.36x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Hibiscus Petroleum Berhad.

OTCPK:HIPE.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= KLSE:HIBISCS Share Price ÷ EPS (both in MYR)

= 1.03 ÷ 0.21

4.92x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Hibiscus Petroleum Berhad is good value based on earnings compared to the US Oil and Gas industry average.
  • Hibiscus Petroleum Berhad is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Hibiscus Petroleum Berhad's expected growth come at a high price?
Raw Data
OTCPK:HIPE.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 4.92x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
6.2%per year
United States of America Oil and Gas Industry PEG Ratio Median Figure of 76 Publicly-Listed Oil and Gas Companies 0.47x
United States of America Market PEG Ratio Median Figure of 2,120 Publicly-Listed Companies 1.5x

*Line of best fit is calculated by linear regression .

OTCPK:HIPE.F PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 4.92x ÷ 6.2%

0.8x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Hibiscus Petroleum Berhad is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Hibiscus Petroleum Berhad's assets?
Raw Data
OTCPK:HIPE.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in MYR MYR0.73
KLSE:HIBISCS Share Price * KLSE (2019-03-11) in MYR MYR1.03
United States of America Oil and Gas Industry PB Ratio Median Figure of 195 Publicly-Listed Oil and Gas Companies 1.13x
United States of America Market PB Ratio Median Figure of 5,207 Publicly-Listed Companies 1.8x
OTCPK:HIPE.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= KLSE:HIBISCS Share Price ÷ Book Value per Share (both in MYR)

= 1.03 ÷ 0.73

1.41x

* Primary Listing of Hibiscus Petroleum Berhad.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Hibiscus Petroleum Berhad is overvalued based on assets compared to the US Oil and Gas industry average.
X
Value checks
We assess Hibiscus Petroleum Berhad's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Hibiscus Petroleum Berhad has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
6.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Hibiscus Petroleum Berhad expected to grow at an attractive rate?
  • Hibiscus Petroleum Berhad's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Hibiscus Petroleum Berhad's earnings growth is positive but not above the United States of America market average.
  • Hibiscus Petroleum Berhad's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:HIPE.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:HIPE.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 6.2%
OTCPK:HIPE.F Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 10.4%
United States of America Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 12.2%
United States of America Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 4.6%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.7%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:HIPE.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in MYR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:HIPE.F Future Estimates Data
Date (Data in MYR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-06-30 1,090 542 362 3
2020-06-30 989 459 358 3
2019-06-30 923 573 311 3
OTCPK:HIPE.F Past Financials Data
Date (Data in MYR Millions) Revenue Cash Flow Net Income *
2018-12-31 785 447 332
2018-09-30 696 340 293
2018-06-30 394 102 204
2018-03-31 284 66 114
2017-12-31 278 8 37
2017-09-30 265 102 37
2017-06-30 261 85 106
2017-03-31 236 54 116
2016-12-31 198 32 190
2016-09-30 136 35 16
2016-06-30 82 62 -60
2016-03-31 37 -97

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Hibiscus Petroleum Berhad's earnings are expected to grow by 6.2% yearly, however this is not considered high growth (20% yearly).
  • Hibiscus Petroleum Berhad's revenue is expected to grow by 10.4% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:HIPE.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from Hibiscus Petroleum Berhad Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:HIPE.F Future Estimates Data
Date (Data in MYR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-06-30 0.22 0.28 0.18 3.00
2020-06-30 0.21 0.29 0.16 3.00
2019-06-30 0.19 0.22 0.15 3.00
OTCPK:HIPE.F Past Financials Data
Date (Data in MYR Millions) EPS *
2018-12-31 0.21
2018-09-30 0.19
2018-06-30 0.13
2018-03-31 0.08
2017-12-31 0.03
2017-09-30 0.03
2017-06-30 0.08
2017-03-31 0.09
2016-12-31 0.15
2016-09-30 0.01
2016-06-30 -0.06
2016-03-31 -0.11

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Hibiscus Petroleum Berhad is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Hibiscus Petroleum Berhad's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Hibiscus Petroleum Berhad has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

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

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Hibiscus Petroleum Berhad's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Hibiscus Petroleum Berhad has delivered over 20% year on year earnings growth in the past 5 years.
  • Hibiscus Petroleum Berhad's 1-year earnings growth exceeds its 5-year average (798.1% vs 58.9%)
  • Hibiscus Petroleum Berhad's earnings growth has exceeded the US Oil and Gas industry average in the past year (798.1% vs 31.8%).
Earnings and Revenue History
Hibiscus Petroleum Berhad's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Hibiscus Petroleum Berhad Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:HIPE.F Past Revenue, Cash Flow and Net Income Data
Date (Data in MYR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 785.16 331.99 123.57
2018-09-30 696.06 292.93 112.78
2018-06-30 394.34 203.71 78.82
2018-03-31 284.18 113.61 68.13
2017-12-31 278.00 36.96 35.57
2017-09-30 264.76 36.60 48.68
2017-06-30 261.27 106.10 51.01
2017-03-31 235.53 116.40 10.68
2016-12-31 198.06 190.42 34.87
2016-09-30 136.19 15.57 114.79
2016-06-30 81.69 -59.96 118.13
2016-03-31 37.10 -97.41 166.04
2015-12-31 7.04 -188.96 137.48
2015-09-30 8.46 -35.45 50.19
2015-06-30 10.39 -49.48 43.46
2015-03-31 8.78 -39.79 37.00
2014-12-31 13.04 -28.90 33.38
2014-09-30 19.57 -7.22 34.77
2014-06-30 20.45 14.70 33.96
2014-03-31 21.46 13.66 30.98
2013-12-31 15.66 14.50 27.98
2013-09-30 11.21 2.66 20.42
2013-06-30 10.04 -12.85 17.92
2013-03-31 8.52 -4.20 15.34
2012-12-31 9.38 -7.26 12.32
2012-09-30 9.54 -7.67 10.59
2012-06-30 9.87 -5.43 8.69

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Hibiscus Petroleum Berhad has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Hibiscus Petroleum Berhad used its assets more efficiently than the US Oil and Gas industry average last year based on Return on Assets.
  • Hibiscus Petroleum Berhad has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Hibiscus Petroleum Berhad's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Hibiscus Petroleum Berhad has a total score of 6/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Hibiscus Petroleum Berhad's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Hibiscus Petroleum Berhad's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Hibiscus Petroleum Berhad is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Hibiscus Petroleum Berhad's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Hibiscus Petroleum Berhad's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 28.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Hibiscus Petroleum Berhad Company Filings, last reported 4 months ago.

OTCPK:HIPE.F Past Debt and Equity Data
Date (Data in MYR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1,158.03 14.55 203.84
2018-09-30 1,114.89 12.14 302.19
2018-06-30 995.79 8.27 135.96
2018-03-31 865.94 0.22 116.30
2017-12-31 779.23 0.22 10.03
2017-09-30 769.07 0.22 31.99
2017-06-30 742.36 17.40 54.50
2017-03-31 753.10 0.22 23.11
2016-12-31 745.84 0.22 60.69
2016-09-30 698.37 0.22 17.11
2016-06-30 584.26 0.22 28.75
2016-03-31 525.83 0.22 26.07
2015-12-31 461.08 0.22 8.48
2015-09-30 603.96 0.22 0.67
2015-06-30 511.74 0.22 5.93
2015-03-31 535.96 0.22 29.90
2014-12-31 508.31 0.22 51.66
2014-09-30 507.07 0.22 110.02
2014-06-30 397.00 0.22 48.33
2014-03-31 380.02 1.23 34.79
2013-12-31 370.13 1.23 62.41
2013-09-30 274.84 81.81 82.50
2013-06-30 245.39 70.21 113.01
2013-03-31 241.28 79.59 125.99
2012-12-31 236.01 69.10 124.63
2012-09-30 238.30 0.22 66.08
2012-06-30 248.10 0.22 72.06
  • Hibiscus Petroleum Berhad's level of debt (1.3%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0.3% vs 1.3% today).
  • Debt is well covered by operating cash flow (3071.6%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 17.8x coverage).
X
Financial health checks
We assess Hibiscus Petroleum Berhad's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Hibiscus Petroleum Berhad has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Hibiscus Petroleum Berhad dividends. Estimated to be 0% next year.
If you bought $2,000 of Hibiscus Petroleum Berhad shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Hibiscus Petroleum Berhad's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Hibiscus Petroleum Berhad's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:HIPE.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
United States of America Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 66 Stocks 3.9%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2008 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:HIPE.F Future Dividends Estimate Data
Date (Data in MYR) Dividend per Share (annual) Avg. No. Analysts
2021-06-30 0.00 1.00
2020-06-30 0.00 1.00
2019-06-30 0.00 1.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Hibiscus Petroleum Berhad has not reported any payouts.
  • Unable to verify if Hibiscus Petroleum Berhad's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Hibiscus Petroleum Berhad's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Hibiscus Petroleum Berhad has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Hibiscus Petroleum Berhad's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess Hibiscus Petroleum Berhad's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Hibiscus Petroleum Berhad afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Hibiscus Petroleum Berhad has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Hibiscus Petroleum Berhad's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Kenneth Pereira
COMPENSATION MYR0
AGE 60
TENURE AS CEO 8.7 years
CEO Bio

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 Financial Officer of Saints Capital. He served as the Managing Director of Interlink Petroleum Ltd. from August 4, 2009 to October 14, 2011. He started his career with Schlumberger Overseas S.A and served as Field Service Engineer from 1983 to 1990. He Co-founded Sapura Group of companies in 1997 and involved in the growing of Sapura organically and through acquisitions until 2008. He served at Sapura Group of Companies as the Service Manager overseeing service of telecom products and Senior Manager, General Manager, Group Corporate Planning and Vice President. He was deeply involved in many key aspects of the implementation of this project. He is an engineer by training and has several years of oil and gas field experience in North Africa and Europe with a leading multinational oil and gas services company, Schlumberger Overseas S. A. He also has significant prior sector experience in the start-up and turn-around of companies engaged in the sector. He was also intimately involved in successful joint venture negotiations with a French multinational organization for the transfer of technology in relation to the localization and development of local capability in the area of Defense radio-communications. Since 1997, he served as Vice President of Energy Sector Projects and initiated the building of the oil and gas services business under the Sapura Energy Sendirian Berhad (Sapura Energy) banner. He served as the Chief Operating Officer of SapuraCrest Petroleum Bhd (SapuraCrest) since 2002, where he oversaw day-to-day operations and was very involved in the successful execution of several medium-scale capital projects (USD250 million or less). He also played a key role in negotiating long term strategic joint ventures with European and Indian multinational corporations. He has over 29 years of international experience in the Oilfield services sector and technology management. He served as Chief Financial Officer of De Novo Ventures and Hummer Winblad Venture Partners. Prior to Hummer Winblad, Dr. Pereira served ten years as Chief Financial Officer of American Industrial Partners. His roles with these firms included all administrative functions, investor relations, fund raising, portfolio company assistance and transactional negotiation and closing. In addition, he served accounting and financial roles at Ernst and Young, Oryx Ventures and Transamerica Corporation. He has been a Director of Hibiscus Petroleum Berhad since September 13, 2010. He serves as a Director of Hibiscus Energy Pte Ltd (Singapore) and Hibiscus Ventures Sdn Bhd. Since 2009, he served as a Director of STP Energy Pte Ltd. He served as a Non-Executive Director at Ecofuture Bhd from July 30, 2009 to June 11, 2010. He served as a Director of Interlink Petroleum Ltd from October 3, 2008 to November 21, 2011. He has managed the Malaysian Indoor Hockey Team on two occasions at international tournaments. He completed a Doctoral Programme conducted by the University of South Australia in which he researched the subject of the 'Start-up, Survival and Growth Strategic Actions of Initially Small Oil and Gas Exploration and Production Companies. Dr. Pereira is a Certified Public Accountant in the State of California. He has a Bachelors degree in Mechanical Engineering with Honors from Bath University, United Kingdom in 1982 and a Masters degree in Business Administration from Cranfield University, United Kingdom in 1993.

CEO Compensation
  • Insufficient data for Kenneth to compare compensation growth.
  • Kenneth's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Hibiscus Petroleum Berhad management team in years:

2.2
Average Tenure
49
Average Age
  • The tenure for the Hibiscus Petroleum Berhad management team is about average.
Management Team

Kenneth Pereira

TITLE
MD & Director
AGE
60
TENURE
8.7 yrs

Chee Yip

TITLE
VP of Finance & Group Controller
AGE
44
TENURE
2.2 yrs

Mark Paton

TITLE
Chief Operating Officer
AGE
59
TENURE
3 yrs

Syarifah Aliza Azauddin

TITLE
Senior General Manager of Corporate Finance
AGE
43
TENURE
2.2 yrs

Vivian Phang

TITLE
Senior General Manager of HR & Administration
AGE
49
TENURE
2.2 yrs

Kock Lim

TITLE
Group General Counsel
AGE
61
TENURE
2.2 yrs

Uday Jayaram

TITLE
Vice President of Corporate Development
AGE
50
TENURE
1.1 yrs

Joel Sheng

TITLE
Head of Information Technology & Information Management
AGE
47
TENURE
0.8 yrs

Pascal Josephus Hos

TITLE
Chief Executive Officer of Sea Hibiscus Sdn Bhd
AGE
47
TENURE
1.7 yrs

Ai Tan

TITLE
Joint Company Secretary
TENURE
6.3 yrs
Board of Directors Tenure

Average tenure and age of the Hibiscus Petroleum Berhad board of directors in years:

5.3
Average Tenure
60
Average Age
  • The tenure for the Hibiscus Petroleum Berhad board of directors is about average.
Board of Directors

Zainul bin Mohd Zain

TITLE
Non-Independent Non-Executive Chairman
COMPENSATION
MYR185K
AGE
65

Kenneth Pereira

TITLE
MD & Director
AGE
60
TENURE
8.7 yrs

Thomas Taylor

TITLE
Senior Independent Non-Executive Director
COMPENSATION
MYR174K
AGE
62
TENURE
2.8 yrs

Zaha binti Zahari

TITLE
Independent & Non Executive Director
COMPENSATION
MYR114K
AGE
56
TENURE
1.7 yrs

Roushan Arumugam

TITLE
Independent Non-Executive Director
COMPENSATION
MYR144K
AGE
46
TENURE
7.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Hibiscus Petroleum Berhad's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Hibiscus Petroleum Berhad has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Hibiscus Petroleum Berhad, an investment holding company, explores for, develops, and produces oil and gas. The company operates through North Sabah, Anasuria, 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 Australia. 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 and operates exploration concessions, located in Norway, and the Middle East. Further, it provides project management, technical, and other services related to the oil and gas exploration and production industry. Hibiscus Petroleum Berhad was incorporated in 2007 and is based in Kuala Lumpur, Malaysia.

Details
Name: Hibiscus Petroleum Berhad
HIPE.F
Exchange: OTCPK
Founded: 2007
MYR390,843,544
1,588,228,791
Website: http://www.hibiscuspetroleum.com
Address: Hibiscus Petroleum Berhad
Syed Kechik Foundation Building,
2nd Floor,
Kuala Lumpur,
59100,
Malaysia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
KLSE HIBISCS Ordinary Shares Bursa Malaysia MY MYR 25. Jul 2011
OTCPK HIPE.F Ordinary Shares Pink Sheets LLC US USD 25. Jul 2011
Number of employees
Current staff
Staff numbers
0
Hibiscus Petroleum Berhad employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/25 00:39
End of day share price update: 2019/03/11 00:00
Last estimates confirmation: 2019/05/23
Last earnings filing: 2019/02/19
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.