OTCPK:WECF.F

Stock Analysis Report

Executive Summary

White Energy Company Limited engages in coal technology and exploration businesses in Australia, Indonesia, China, Singapore, South Africa, Mauritius, the United States, and the United Kingdom.

Snowflake

Fundamentals

Weak fundamentals or lack of information.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

WECF.F

-1.8%

US Oil and Gas

0.4%

US Market


1 Year Return

22.4%

WECF.F

-21.8%

US Oil and Gas

6.9%

US Market

Return vs Industry: WECF.F exceeded the US Oil and Gas industry which returned -21.8% over the past year.

Return vs Market: WECF.F exceeded the US Market which returned 6.9% over the past year.


Shareholder returns

WECF.FIndustryMarket
7 Day0%-1.8%0.4%
30 Day-34.9%-6.4%-1.1%
90 Dayn/a-9.2%-0.5%
1 Year22.4%22.4%-18.9%-21.8%9.3%6.9%
3 Year22.4%22.4%-8.3%-16.5%45.8%36.4%
5 Year-51.0%-51.0%-24.8%-35.3%62.9%45.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is White Energy undervalued compared to its fair value and its price relative to the market?

5.53x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate WECF.F's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate WECF.F's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: WECF.F is overvalued based on its PB Ratio (5.5x) compared to the US Oil and Gas industry average (0.9x).


Next Steps

Future Growth

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

16.0%

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 White 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 WECF.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 White Energy's filings and announcements here.
  • Explore growth companies in the Energy industry.

Past Performance

How has White Energy performed over the past 5 years?

43.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: WECF.F is unprofitable, but has reduced losses over the past 5 years at a rate of 43.5% per year.

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

Earnings vs Industry: WECF.F is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (22.6%).


Return on Equity

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


Return on Assets

ROA vs Industry: WECF.F is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: WECF.F is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is White Energy's financial position?


Financial Position Analysis

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

Long Term Liabilities: WECF.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: WECF.F has negative shareholder equity, which is a more serious situation than a high debt level.

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


Balance Sheet

Inventory Level: WECF.F has a high level of physical assets or inventory.

Debt Coverage by Assets: WECF.F has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


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: WECF.F has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: WECF.F has less than a year of cash runway if free cash flow continues to grow at historical rates of 37.1% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage4.2%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate WECF.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate WECF.F's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if WECF.F's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if WECF.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 WECF.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of White Energy's salary, the management and board of directors tenure and is there insider trading?

9.1yrs

Average management tenure


CEO

Brian Flannery (68yo)

9.1yrs

Tenure

AU$149,261

Compensation

Mr. Brian J. Flannery, BE, has been the Chief Executive Officer, Managing Director and Executive Director of White Energy Company Limited since September 17, 2010. Mr. Flannery is a mining engineer with mo ...


CEO Compensation Analysis

Compensation vs. Market: Brian's total compensation ($USD102.18K) is about average for companies of similar size in the US market ($USD489.74K).

Compensation vs Earnings: Brian's compensation has increased whilst the company is unprofitable.


Management Age and Tenure

9.1yrs

Average Tenure

Experienced Management: WECF.F's management team is seasoned and experienced (9.1 years average tenure).


Board Age and Tenure

9.1yrs

Average Tenure

75yo

Average Age

Experienced Board: WECF.F's board of directors are considered experienced (9.1 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyAU$987,30012 Mar 19
M&G Investment Management Limited
EntityCompany
Shares20,000,000
Max PriceAU$0.049

Ownership Breakdown


Management Team

  • David Franks (49yo)

    Company Secretary

    • Tenure: 14.7yrs
    • Compensation: AU$121.47k
  • Brian Flannery (68yo)

    MD, CEO & Director

    • Tenure: 9.1yrs
    • Compensation: AU$149.26k
  • Allan McCarthy

    Chief Financial Officer

    • Tenure: 2.2yrs
    • Compensation: AU$262.97k

Board Members

  • Vince O'Rourke (82yo)

    Independent Non-Executive Director

    • Tenure: 9.1yrs
    • Compensation: AU$43.80k
  • Graham Cubbin (71yo)

    Independent Non-Executive Director

    • Tenure: 9.7yrs
    • Compensation: AU$43.80k
  • Hans Mende (75yo)

    Director

    • Tenure: 0yrs
  • Travers Duncan (86yo)

    Chairman of the Board

    • Tenure: 9.1yrs
    • Compensation: AU$47.48k
  • Brian Flannery (68yo)

    MD, CEO & Director

    • Tenure: 9.1yrs
    • Compensation: AU$149.26k

Company Information

White Energy Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: White Energy Company Limited
  • Ticker: WECF.F
  • Exchange: OTCPK
  • Founded:
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Market Cap: AU$46.469m
  • Listing Market Cap: AU$31.813m
  • Shares outstanding: 516.32m
  • Website: https://www.whiteenergyco.com

Number of Employees


Location

  • White Energy Company Limited
  • 167 Eagle Street
  • Level 7
  • Brisbane
  • Queensland
  • 4000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WECASX (Australian Securities Exchange)YesOrdinary SharesAUAUDMar 2005
WECF.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDMar 2005
XPKDB (Deutsche Boerse AG)YesOrdinary SharesDEEURMar 2005
WECCHIA (Chi-X Australia)YesOrdinary SharesAUAUDMar 2005
WECF.YOTCPK (Pink Sheets LLC)SPON ADRUSUSDJun 2007

Biography

White Energy Company Limited engages in coal technology and exploration businesses in Australia, Indonesia, China, Singapore, South Africa, Mauritius, the United States, and the United Kingdom. The company ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/20 00:00
End of Day Share Price2019/10/08 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.