OTCPK:MOAE.F

Stock Analysis Report

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Executive Summary

Mongolia Energy Corporation Limited, an investment holding company, engages in the coal mining, processing, and other resources related operations in the People’s Republic of China and Mongolia.


Snowflake Analysis

Slightly overvalued with imperfect balance sheet.


Similar Companies

Share Price & News

How has Mongolia Energy's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-0.3%

MOAE.F

5.8%

US Oil and Gas

2.9%

US Market


1 Year Return

-60.3%

MOAE.F

-31.3%

US Oil and Gas

8.9%

US Market

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

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


Shareholder returns

MOAE.FIndustryMarket
7 Day-0.3%5.8%2.9%
30 Day-10.2%9.8%10.6%
90 Dayn/a-2.6%5.1%
1 Year-60.3%-60.3%-28.2%-31.3%11.4%8.9%
3 Year-78.5%-78.5%-28.6%-35.8%34.3%25.4%
5 Year-91.2%-91.2%-37.3%-46.7%60.7%42.7%

Price Volatility Vs. Market

How volatile is Mongolia Energy's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Mongolia Energy 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: MOAE.F ($0.06) is trading below our estimate of fair value ($13.17)

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


Price To Earnings Ratio

PE vs Industry: MOAE.F is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.

PE vs Market: MOAE.F is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: MOAE.F has negative assets, so we can't compare its PB Ratio to the US Oil and Gas industry average.


Next Steps

Future Growth

How is Mongolia Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

51.0%

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 Mongolia Energy 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.


Next Steps

  • Take a look at our analysis of MOAE.F’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Mongolia Energy's filings and announcements here.
  • Explore growth companies in the Energy industry.

Past Performance

How has Mongolia Energy performed over the past 5 years?

66.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MOAE.F is currently unprofitable.

Growing Profit Margin: MOAE.F is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MOAE.F is unprofitable, but has reduced losses over the past 5 years at a rate of 66.3% per year.

Accelerating Growth: Unable to compare MOAE.F's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MOAE.F is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-19.8%).


Return on Equity

High ROE: MOAE.F's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Mongolia Energy's financial position?


Financial Position Analysis

Short Term Liabilities: MOAE.F has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: MOAE.F has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: MOAE.F has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: MOAE.F's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


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: Whilst unprofitable MOAE.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: MOAE.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 53.3% per year.


Next Steps

Dividend

What is Mongolia Energy's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

Growing Dividend: Insufficient data to determine if MOAE.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 MOAE.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?

8.0yrs

Average management tenure


CEO

Yvette Ong (54yo)

8yrs

Tenure

HK$7,569,000

Compensation

Ms. Yvette Ong has served as Director of Vision Values Holdings Ltd since February 1, 2018. She has been Managing Director at Mongolia Energy Corporation Limited since June 1, 2012. Ms. Ong is responsible  ...


CEO Compensation Analysis

Compensation vs Market: Yvette's total compensation ($USD976.46K) is above average for companies of similar size in the US market ($USD593.36K).

Compensation vs Earnings: Yvette's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Lin Shing Lo
Executive Chairman of the Board18.58yrsHK$7.32m16.12% HK$1.6m
Yvette Ong
MD & Executive Director8yrsHK$7.57m0.014% HK$1.4k
Cze Kei Lo
Executive Director3.67yrsHK$754.00kno data
Chi Kei Tang
CFO & Company Secretaryno datano datano data
Cheuk Yin Ho
Director of Corporate Financeno datano datano data
Tung Poon
Director of Corporate Development & Investor Relationsno datano datano data
Man Choi
Director of Legal & Complianceno datano datano data
Dennis Price
Chief Operating Officer - Mongolia10.08yrsno datano data
Cze Wai Lo
Executive Director0.25yrno datano data
Ren Xiang
Consultantno datano datano data

8.0yrs

Average Tenure

54yo

Average Age

Experienced Management: MOAE.F's management team is seasoned and experienced (8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Lin Shing Lo
Executive Chairman of the Board18.58yrsHK$7.32m16.12% HK$1.6m
Yvette Ong
MD & Executive Director8yrsHK$7.57m0.014% HK$1.4k
Cze Kei Lo
Executive Director3.67yrsHK$754.00kno data
Cze Wai Lo
Executive Director0.25yrno datano data
Hin Tsun To
Non-Executive Director20.83yrsHK$100.00k0.072% HK$7.1k
Kee Wai Lee
Independent Non-Executive Director3.67yrsHK$100.00kno data
Hing Chuen Tsui
Independent Non-Executive Director13.75yrsHK$100.00k0.0066% HK$660.8
Wai Piu Lau
Independent Non-Executive Director15.75yrsHK$100.00k0.0027% HK$265.7

14.8yrs

Average Tenure

57yo

Average Age

Experienced Board: MOAE.F's board of directors are seasoned and experienced ( 14.8 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

Mongolia Energy Corporation Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Mongolia Energy Corporation Limited
  • Ticker: MOAE.F
  • Exchange: OTCPK
  • Founded:
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Market Cap: HK$77.132m
  • Listing Market Cap: HK$9.952m
  • Shares outstanding: 188.13m
  • Website: https://www.mongolia-energy.com

Number of Employees


Location

  • Mongolia Energy Corporation Limited
  • 118 Connaught Road West
  • 17th Floor
  • Hong Kong
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MOAE.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1992
276SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJan 1992
A2P1FZDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992
MOAE.YOTCPK (Pink Sheets LLC)ADR NEWUSUSDMar 2010

Biography

Mongolia Energy Corporation Limited, an investment holding company, engages in the coal mining, processing, and other resources related operations in the People’s Republic of China and Mongolia. It sells coking and thermal coal. The company’s principal project is the Khushuut coking coal project in Western Mongolia. It holds approximately 15,790 hectares of exploration and mining concession areas for coal and ferrous resources in Western Mongolia at Khovd, Gobi Altay, Olon Bulag, and Bayan-Ulgii. The company is also involved in the provision of management services, and secretarial and nominee services, as well as mining and exploration advisory service; trading of coal; and operation of wash plants. Mongolia Energy Corporation Limited is based in Hong Kong. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/05 12:28
End of Day Share Price2020/06/01 00:00
Earnings2019/09/30
Annual Earnings2019/03/31


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.