AFRICA OIL CORP. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 2.51 CAD | +4.15% |
|
+5.91% | +0.80% |
| Apr. 22 | Africa Oil Brief: Earlier Monday Announced Results of Share Buyback Program | MT |
| Apr. 15 | Africa Oil Brief: Earlier Monday Announced Results of Share Buyback Program | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 424.1 | 418.7 | 672 | 861.8 | 871.2 | 832.4 | - | - |
| Enterprise Value (EV) 1 | 97.93 | 519.2 | 613.1 | 662.1 | 639.2 | 587.3 | 526.6 | 649 |
| P/E ratio | -2.73 x | -22.2 x | 3.54 x | -14.1 x | 10.4 x | 9.59 x | 11.1 x | 10.3 x |
| Yield | - | - | - | - | 2.66% | 2.85% | 3.72% | 2.9% |
| Capitalization / Revenue | - | 1.74 x | 2.96 x | 6.23 x | 4.81 x | 8.12 x | 8.05 x | 8.96 x |
| EV / Revenue | - | 2.16 x | 2.7 x | 4.78 x | 3.53 x | 5.73 x | 5.09 x | 6.99 x |
| EV / EBITDA | -8.68 x | -40.4 x | - | 5.94 x | 4.29 x | 7.58 x | 6.74 x | 8.9 x |
| EV / FCF | -2.45 x | -19.8 x | -41.4 x | -33.8 x | -9.3 x | 3.81 x | 4.97 x | - |
| FCF Yield | -40.8% | -5.05% | -2.41% | -2.96% | -10.7% | 26.2% | 20.1% | - |
| Price to Book | 0.55 x | 0.56 x | 0.71 x | 1.02 x | 0.99 x | 0.9 x | 0.78 x | 0.79 x |
| Nbr of stocks (in thousands) | 471,214 | 471,960 | 474,655 | 469,313 | 463,832 | 453,989 | - | - |
| Reference price 2 | 0.9001 | 0.8872 | 1.416 | 1.836 | 1.878 | 1.834 | 1.834 | 1.834 |
| Announcement Date | 2/25/20 | 2/26/21 | 3/1/22 | 2/27/23 | 2/26/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 240.4 | 226.9 | 138.4 | 181 | 102.5 | 103.4 | 92.9 |
| EBITDA 1 | -11.28 | -12.84 | - | 111.4 | 149.1 | 77.49 | 78.19 | 72.9 |
| EBIT 1 | -165 | 10.63 | 208.9 | -59.2 | 86.9 | 77.49 | 78.19 | 72.9 |
| Operating Margin | - | 4.42% | 92.06% | -42.77% | 48.01% | 75.61% | 75.59% | 78.47% |
| Earnings before Tax (EBT) 1 | -156.8 | -17.61 | 190.7 | -60.3 | 87.1 | 98.15 | 89.36 | 77.27 |
| Net income 1 | -156.8 | -17.61 | 190.7 | -60.3 | 87.1 | 86.55 | 84.81 | 77.27 |
| Net margin | - | -7.33% | 84.06% | -43.57% | 48.12% | 84.45% | 81.98% | 83.18% |
| EPS 2 | -0.3300 | -0.0400 | 0.4000 | -0.1300 | 0.1800 | 0.1912 | 0.1655 | 0.1779 |
| Free Cash Flow 1 | -39.95 | -26.24 | -14.8 | -19.6 | -68.7 | 154 | 106 | - |
| FCF margin | - | -10.92% | -6.52% | -14.16% | -37.96% | 150.26% | 102.47% | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | 198.74% | 135.56% | - |
| FCF Conversion (Net income) | - | - | - | - | - | 177.92% | 124.99% | - |
| Dividend per Share 2 | - | - | - | - | 0.0500 | 0.0523 | 0.0682 | 0.0532 |
| Announcement Date | 2/25/20 | 2/26/21 | 3/1/22 | 2/27/23 | 2/26/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | - | - | - | - | - | 212.7 | 57.1 | -81 | 25.46 | 25.46 | 26.12 | 25.46 |
| EBITDA 1 | -6.054 | 62.45 | -6.927 | - | -12.01 | - | 117 | 117.5 | -89.8 | 19.21 | 19.21 | 19.87 | 19.21 |
| EBIT 1 | - | 46.79 | 6.369 | 70.25 | -182.6 | - | 108.7 | 47.1 | -90 | 19.21 | 19.21 | 19.87 | 19.21 |
| Operating Margin | - | - | - | - | - | - | 51.1% | 82.49% | 111.11% | 75.45% | 75.45% | 76.07% | 75.45% |
| Earnings before Tax (EBT) 1 | - | 45.61 | 5.653 | 70.6 | -182.2 | - | 106.9 | 47.1 | -88.8 | 21.47 | 21.47 | 22.13 | 21.47 |
| Net income 1 | - | 45.61 | 5.653 | 70.6 | -182.2 | 21.9 | 106.9 | 47.1 | -88.8 | 24 | 25 | 25 | 24 |
| Net margin | - | - | - | - | - | - | 50.26% | 82.49% | 109.63% | 94.28% | 98.2% | 95.72% | 94.28% |
| EPS 2 | - | 0.0900 | 0.0100 | 0.1400 | -0.3800 | 0.0500 | 0.2300 | 0.1000 | -0.1900 | 0.0500 | 0.0550 | 0.0550 | 0.0550 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/15/21 | 5/12/22 | 8/11/22 | 11/15/22 | 2/27/23 | 5/12/23 | 8/14/23 | 11/14/23 | 2/26/24 | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | 101 | - | - | - | - | - | - |
| Net Cash position 1 | 326 | - | 58.9 | 200 | 232 | 245 | 306 | 183 |
| Leverage (Debt/EBITDA) | - | -7.831 x | - | - | - | - | - | - |
| Free Cash Flow 1 | -40 | -26.2 | -14.8 | -19.6 | -68.7 | 154 | 106 | - |
| ROE (net income / shareholders' equity) | -18.6% | - | 22.4% | -6.78% | 10.1% | 9.72% | 8.73% | 7.84% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 1.630 | 1.600 | 2.000 | 1.790 | 1.890 | 2.040 | 2.350 | 2.330 |
| Cash Flow per Share 2 | -0.0100 | -0.0100 | -0.0200 | -0.0300 | -0.1100 | 0.1000 | 0.0600 | - |
| Capex 1 | 35.5 | 20.9 | 4.59 | 3.3 | 15.4 | 135 | 65 | 10 |
| Capex / Sales | - | 8.69% | 2.02% | 2.38% | 8.51% | 131.72% | 62.84% | 10.76% |
| Announcement Date | 2/25/20 | 2/26/21 | 3/1/22 | 2/27/23 | 2/26/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C+
Sell
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
1.834
USD
Average target price
2.351
USD
Spread / Average Target
+28.22%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +0.80% | 832M | |
| +11.22% | 306B | |
| +12.21% | 153B | |
| +51.38% | 124B | |
| +22.70% | 83.43B | |
| +12.20% | 78.06B | |
| +19.56% | 62.81B | |
| +13.52% | 60.08B | |
| +12.74% | 49.91B | |
| +33.97% | 37.05B |
- Stock Market
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- AOI Stock
- Financials Africa Oil Corp.
