Mongolia Energy Corporation Limited, an investment holding company, engages in coal mining, and energy and metal resources exploration businesses in Hong Kong, Mongolia, and the People’s Republic of China.
The last earnings update was 144 days ago.
Discounted Cash Flow Calculation for OTCPK:MOAE.F using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for
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:MOAE.F DCF 1st Stage: Next 10 year cash flow forecast
The current share price of
is above its future cash flow value.
Often investors are willing to pay a
for a company that has a high dividend or the potential for future growth.
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
is considered below, and whether this is a fair price.
Price based on past earnings
Mongolia Energy's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
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
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Mongolia Energy's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Mongolia Energy's earnings growth to the United States of America market average as no estimate data is available.
Unable to compare Mongolia Energy's revenue growth to the United States of America market average as no estimate data is available.
Unable to determine if Mongolia Energy is high growth as no earnings estimate data is available.
Unable to determine if Mongolia Energy is high growth as no revenue estimate data is available.
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.
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.
Mongolia Energy's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Oil and Gas
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
has a total score of
1/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
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.
TENURE AS CEO
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 for leading the strategic direction and overseeing the operations of the Group. She served as Chief Executive Officer of New World Cyberbase Ltd. until April 2, 2007. She has over 14 years of experience in the information technology industry in Asia Pacific. Prior to joining New World CyberBase, she served as the Managing Director of AT&T EasyLink Services Asia Pacific Limited. She joined AT&T in 1991 initially focusing in the sales and marketing of data communications services. She was instrumental in setting up the Internet and IP Solutions business in Hong Kong and was a key Member of the Asia Pacific senior management team responsible for the expansion of AT&T’s Internet business in Asia Pacific. She has been an Executive Director of Mongolia Energy Corporation Limited since September 27, 1999. She served as a Director of Asian Capital Resources Holdings Ltd. Ms. Ong holds an MBA degree in Management Information Systems and Marketing and a Bachelor degree in Finance and Management from the University of San Francisco.
Yvette's compensation has increased whilst company is loss making.
Yvette's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the
management team in years:
The average tenure for the Mongolia Energy management team is over 5 years, this suggests they are a seasoned and experienced team.
MD & Executive Director
CFO & Company Secretary
Director of Corporate Finance
Director of Corporate Development & Investor Relations
Director of Legal & Compliance
Chief Operating Officer - Mongolia
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Mongolia Energy board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Mongolia Energy Corporation Limited, an investment holding company, engages in coal mining, and energy and metal resources exploration businesses in Hong Kong, Mongolia, and the People’s Republic of China. It sells coking coal 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 Khushuut, 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, Hong Kong.
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