AOI:CA:TSX-Africa Oil Corp (CAD)

COMMON STOCK | Oil & Gas E&P | TSX

Last Closing Price

CAD 1.27

Change

-0.06 (-4.51)%

Market Cap

CAD 0.60B

Volume

0.16M

Average Target Price

CAD 1.60 (+25.98%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Africa Oil Corp., together with its subsidiaries, operates as an oil and gas exploration and development company in Kenya and Ethiopia. The company holds interests in producing and development assets in deep-water Nigeria and development assets in Kenya. It also has a portfolio of exploration assets in Guyana, Kenya, Namibia, Nigeria, South Africa, and in the Senegal Guinea Bissau Joint Development Zone. The company was formerly known as Canmex Minerals Corporation and changed its name to Africa Oil Corp. in August 2007. Africa Oil Corp. was incorporated in 1983 and is based in Vancouver, Canada. Address: 885 West Georgia Street, Vancouver, BC, Canada, V6C 3E8

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-02-26 )

Largest Industry Peers for Oil & Gas E&P

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
CNU:CA CNOOC Limited

-1.19 (-0.79%)

CAD70.46B 12.94 0.83
CNQ:CA Canadian Natural Resources Lim..

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CAD40.99B 695.33 10.22
OVV:CA Ovintiv Inc

+0.63 (+2.19%)

CAD7.69B 3.13 3.76
TOU:CA Tourmaline Oil Corp

-0.04 (-0.17%)

CAD6.31B 124.52 6.47
PSK:CA PrairieSky Royalty Ltd

-0.21 (-1.60%)

CAD2.88B 93.48 19.58
VII:CA Seven Generations Energy Ltd

-0.05 (-0.59%)

CAD2.80B 1.96 14.01
ARX:CA ARC Resources Ltd

-0.11 (-1.42%)

CAD2.69B 17.30 6.24
PXT:CA Parex Resources Inc

-0.33 (-1.60%)

CAD2.63B 22.29 6.45
WCP:CA Whitecap Resources Inc

-0.18 (-3.07%)

CAD2.63B 30.85 5.99
CPG:CA Crescent Point Energy Corp

-0.14 (-2.91%)

CAD2.50B N/A 4.30

ETFs Containing AOI:CA

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Oil & Gas E&P)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 12.39% 12% F 77% C+
Dividend Return N/A N/A N/A N/A N/A
Total Return 12.39% 12% F 77% C+
Trailing 12 Months  
Capital Gain 2.42% 34% F 34% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 2.42% 28% F 27% F
Trailing 5 Years  
Capital Gain -25.29% 66% D 18% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -25.29% 62% D- 15% F
Average Annual (5 Year Horizon)  
Capital Gain -13.38% 69% D+ 10% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -13.38% 65% D 8% F
Risk Return Profile  
Volatility (Standard Deviation) 18.14% 98% A+ 41% F
Risk Adjusted Return -73.73% 42% F 6% F
Market Capitalization 0.60B 57% F 66% D
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Oil & Gas E&P)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio N/A N/A N/A N/A N/A
Price/Book Ratio 0.69 61% D- 87% B+
Price / Cash Flow Ratio -134.73 100% A+ 96% A
EV/EBITDA 0.06 100% A+ 100% A+
Management Effectiveness  
Return on Equity -30.57% 57% F 19% F
Return on Invested Capital -19.54% 11% F 14% F
Return on Assets -25.09% 12% F 6% F
Debt to Equity Ratio N/A N/A N/A N/A N/A
Technical Ratios  
Short Ratio 6.19 20% F 13% F
Short Percent N/A N/A N/A N/A N/A
Beta 1.79 83% B 17% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Negative cashflow

The company had negative total cash flow in the most recent four quarters.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector