Spindletop Oil & Gas Co.

OTCPK:SPND Stock Report

Market Cap: US$18.2m

Spindletop Oil & Gas Valuation

Is SPND undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of SPND when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SPND ($2.7) is trading above our estimate of fair value ($0.06)

Significantly Below Fair Value: SPND is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SPND?

Key metric: As SPND is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for SPND. This is calculated by dividing SPND's market cap by their current revenue.
What is SPND's PS Ratio?
PS Ratio4.5x
SalesUS$4.03m
Market CapUS$18.20m

Price to Sales Ratio vs Peers

How does SPND's PS Ratio compare to its peers?

The above table shows the PS ratio for SPND vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average9.4x
CHKR Chesapeake Granite Wash Trust
3.4xn/aUS$21.7m
HUSA Houston American Energy
29.8xn/aUS$19.1m
MXC Mexco Energy
3.6xn/aUS$24.8m
BRN Barnwell Industries
0.7xn/aUS$16.7m
SPND Spindletop Oil & Gas
4.5xn/aUS$18.2m

Price-To-Sales vs Peers: SPND is good value based on its Price-To-Sales Ratio (4.5x) compared to the peer average (9.4x).

Price to Sales Ratio vs Industry

How does SPND's PS Ratio compare vs other companies in the US Oil and Gas Industry?

36 CompaniesPrice / SalesEstimated GrowthMarket Cap
PSX Phillips 66
0.4x-5.4%US$55.04b
MPC Marathon Petroleum
0.4x-3.6%US$50.93b
VLO Valero Energy
0.3x-2.7%US$44.61b
PAA Plains All American Pipeline
0.3x-2.1%US$12.62b
SPND 4.5xIndustry Avg. 1.8xNo. of Companies36PS01.63.24.86.48+
36 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: SPND is expensive based on its Price-To-Sales Ratio (4.5x) compared to the US Oil and Gas industry average (1.8x).

Price to Sales Ratio vs Fair Ratio

What is SPND's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SPND PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio4.5x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate SPND's Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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