AOI:TSX-Africa Oil Corp (CAD)

COMMON STOCK | Oil & Gas E&P | TSX

Last Closing Price

CAD 2.50

Change

+0.05 (+2.04)%

Market Cap

CAD 1.17B

Volume

0.26M

Avg Analyst Target

CAD 2.82 (+12.86%)

Avg User Target

CAD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


Africa Oil Corp (AOI) Stock Analysis:
Based on the Africa Oil Corp stock forecasts from 2 analysts, the average analyst target price for Africa Oil Corp is CAD 2.82 over the next 12 months. Africa Oil Corp’s average analyst rating is Buy . Stock Target Advisor’s own stock analysis of Africa Oil Corp is Slightly Bullish , which is based on 4 positive signals and 3 negative signals. At the last closing, Africa Oil Corp’s stock price was CAD 2.50. Africa Oil Corp’s stock price has changed by +1.21% over the past week, +10.13% over the past month and +103.25% over the last year.

About

Africa Oil Corp., together with its subsidiaries, operates as an oil and gas exploration and production company in Kenya, Nigeria, and South Africa. The company holds interests in producing and development assets in deep-water Nigeria and development assets in Kenya. It also has ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-05-16 )

Largest Industry Peers for Oil & Gas E&P

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
CNQ:CA Canadian Natural Resources Lim..

+2.28 (+2.90%)

CAD93.39B 12.52 5.56
CNU:CA CNOOC Limited

N/A

CAD58.77B 5.65 0.75
TOU:CA Tourmaline Oil Corp

+1.22 (+1.77%)

CAD23.05B 10.75 6.84
OVV:CA Ovintiv Inc

-1.47 (-2.52%)

CAD15.05B 8.42 9.23
ARX:CA ARC Resources Ltd

+0.44 (+2.63%)

CAD11.39B 13.38 6.43
WCP:CA Whitecap Resources Inc

+0.24 (+2.36%)

CAD6.27B 2.66 1.90
MEG:CA MEG Energy Corp

+0.40 (+2.05%)

CAD5.99B 21.40 5.19
CPG:CA Crescent Point Energy Corp

+0.40 (+4.35%)

CAD5.28B 2.24 1.77
POU:CA Paramount Resources Ltd

+0.36 (+1.10%)

CAD4.60B 19.53 8.46
PSK:CA PrairieSky Royalty Ltd

+0.28 (+1.55%)

CAD4.32B 24.35 13.72

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 39.66% 37% F 97% A+
Dividend Return N/A N/A N/A N/A N/A
Total Return 39.66% 35% F 96% A
Trailing 12 Months  
Capital Gain 100.00% 35% F 97% A+
Dividend Return N/A N/A N/A N/A N/A
Total Return 100.00% 35% F 97% A+
Trailing 5 Years  
Capital Gain 12.11% 49% F 54% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 12.11% 44% F 46% F
Average Annual (5 Year Horizon)  
Capital Gain 9.15% 11% F 65% D
Dividend Return N/A N/A N/A N/A N/A
Total Return 9.15% 13% F 60% D-
Risk Return Profile  
Volatility (Standard Deviation) 39.40% 94% A 22% F
Risk Adjusted Return 23.23% 26% F 32% F
Market Capitalization 1.17B 53% F 69% 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 4.70 58% F 83% B
Price/Book Ratio 0.96 80% B- 70% C-
Price / Cash Flow Ratio -114.51 100% A+ 97% A+
EV/EBITDA 5.54 40% F 73% C
Management Effectiveness  
Return on Equity 22.41% 55% F 86% B
Return on Invested Capital 22.66% 60% D- 91% A-
Return on Assets -1.18% 11% F 25% F
Debt to Equity Ratio N/A N/A N/A N/A N/A
Technical Ratios  
Dividend Yield 2.55% 31% F 13% F
Short Ratio 0.37 89% B+ 74% C
Short Percent 0.11% 82% B- 82% B-
Beta 1.60 91% A- 20% 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 Ratings

Target Price Action Rating Action Analyst Rating Price Date

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User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

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.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value 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.

Positive free cash flow

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

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

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.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Negative cashflow

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