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
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Nextraction Energy. This is due to cash flow or dividend data being
unavailable. The share price is
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
Nextraction 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 Nextraction 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 Nextraction Energy's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Nextraction Energy's earnings growth to the United States of America market average as no estimate data is available.
Unable to compare Nextraction Energy's revenue growth to the United States of America market average as no estimate data is available.
Unable to determine if Nextraction Energy is high growth as no earnings estimate data is available.
Unable to determine if Nextraction 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 Nextraction Energy's filings and announcements here.
Nextraction 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.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Nextraction Energy's finances.
The net worth of a company is the difference between its assets and liabilities.
Nextraction Energy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Nextraction Energy's long term commitments exceed its cash and other short term assets.
This treemap shows a more detailed breakdown of
Nextraction Energy'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
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Low level of unsold assets.
Nextraction Energy has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Nearly all companies have debt. Debt in itself isn’t
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.
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
Mr. John Charles Zang has been Chief Executive Officer and President of Nextraction Energy Corp. since December 24, 2015 and January 19, 2016 respectively. Mr. Zang has been the Chief Executive Officer and President of Morro Bay Resources Ltd. since August 21, 2012. He was the founder of Verity Energy Ltd and served as its Chief Executive Officer and President since 2010. He practices law through his law firm, John C. Zang, Barrister, where he is a Solicitor and Sole Proprietor. Mr. Zang served as Corporate Secretary and Chief Legal Officer of Teine Energy Ltd. Mr. Zang served as the Corporate Secretary and Vice President of Strategic Planning at RMS Systems, Inc. until June 2012. Mr. Zang served as Corporate Secretary and Chief Legal Officer of Marble Point Energy Ltd. He served as Corporate Secretary and Corporate Counsel of Sequoia Oil & Gas Trust from May 2005 to September 2006. Mr. Zang served as Corporate Secretary of Norquay Capital Ltd. from July 2005 to May 2006. He served as the Chief Executive Officer, President and Secretary of Tiger-Cat Energy Ltd. since July 2003. He served as Chief Executive Officer and Secretary of Casa Del Sol Capital Ltd. He served as a Secretary and Corporate Counsel for Argo Energy Ltd. from October 2002 to April 2005. Mr. Zang has predominantly been involved in the management of junior oil and gas companies in Western Canada, with a focus on the growth of junior oil and gas companies. Mr. Zang was also the lead negotiator and provided structuring advice by which a foreign Pension Fund through its vehicle, Polar Star Energy Ltd., acquired TUSK Energy Ltd. Mr. Zang served as Secretary of Cequel Energy Inc. (formerly, Argonauts Group Ltd.) from June 1998 to February 2002. He was a Lawyer with Scott Hall LLP (Barristers and Solicitors) from September 1991 to August 2001. Mr. Zang served as Vice President and Director of Operations of the El Paso Buzzards Professional Hockey Team of the Central Hockey League from September 2001 to August 2002. He has been a Director of Morro Bay Resources Ltd. since August 21, 2012 and serves as its Chairman. Mr. Zang serves as a Director of Sandy Cove and Verity Energy Ltd. He has been a Director at Touchstone Exploration Inc. since June 30, 2010. He has been a Director at RMS Systems, Inc. since September 2008. Mr. Zang served as a Director of Argo Energy Ltd., from October 8, 2002 to April 2005. He served as a Director of Teine Energy Ltd. He served as a Director of Tiger-Cat Energy Ltd. since July 2003. He also served as a Director of Casa Del Sol Capital Ltd. He served as a Director of Marble Point Energy Ltd. from July 2003 to September 2008. Mr. Zang served as a Director of Argonauts Group Ltd., from June 1998 to February 2002. He has been a Sole Practitioner Lawyer since October 2002. He was admitted to the Law Society of Upper Canada (Ontario) in 1990. He has been a Member of the Law Society of Alberta since 1992. Mr. Zang received a Bachelor of Laws degree from the University of Victoria in 1989 and a Bachelor of Arts degree from the University of Calgary in 1986.
Insufficient data for John to compare compensation growth.
Insufficient data for John to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Interim CFO & Director
CEO & President
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Nextraction Energy board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.