AVANCE GAS HOLDING LTD (AGAS.OL) Stock Fundamental Analysis
OSL:AGAS - Euronext Oslo - BMG067231032 - Common Stock - Currency: NOK
We assign a fundamental rating of 6 out of 10 to AGAS. AGAS was compared to 62 industry peers in the Oil, Gas & Consumable Fuels industry. AGAS has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. AGAS has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
AGAS had positive earnings in the past year.
In the past year AGAS had a positive cash flow from operations.
Each year in the past 5 years AGAS has been profitable.
AGAS had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
AGAS has a Return On Assets of 43.32%. This is amongst the best in the industry. AGAS outperforms 100.00% of its industry peers.
Looking at the Return On Equity, with a value of 84.89%, AGAS belongs to the top of the industry, outperforming 96.83% of the companies in the same industry.
With an excellent Return On Invested Capital value of 27.20%, AGAS belongs to the best of the industry, outperforming 95.24% of the companies in the same industry.
AGAS had an Average Return On Invested Capital over the past 3 years of 14.61%. This is above the industry average of 11.89%.
The 3 year average ROIC (14.61%) for AGAS is below the current ROIC(27.20%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 43.32% | ||
| ROE | 84.89% | ||
| ROIC | 27.2% |
ROA(3y)39.79%
ROA(5y)26.13%
ROE(3y)46.48%
ROE(5y)32.21%
ROIC(3y)14.61%
ROIC(5y)10.56%
1.3 Margins
Looking at the Profit Margin, with a value of 93.07%, AGAS belongs to the top of the industry, outperforming 96.83% of the companies in the same industry.
In the last couple of years the Profit Margin of AGAS has grown nicely.
AGAS's Operating Margin of 55.49% is amongst the best of the industry. AGAS outperforms 93.65% of its industry peers.
In the last couple of years the Operating Margin of AGAS has grown nicely.
Looking at the Gross Margin, with a value of 78.12%, AGAS belongs to the top of the industry, outperforming 82.54% of the companies in the same industry.
AGAS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 55.49% | ||
| PM (TTM) | 93.07% | ||
| GM | 78.12% |
OM growth 3Y28.88%
OM growth 5Y7.07%
PM growth 3Y115.33%
PM growth 5Y46.77%
GM growth 3Y2.79%
GM growth 5Y1.24%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so AGAS is creating value.
AGAS has about the same amout of shares outstanding than it did 1 year ago.
AGAS has more shares outstanding than it did 5 years ago.
There is no outstanding debt for AGAS. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
AGAS has an Altman-Z score of 2.09. This is not the best score and indicates that AGAS is in the grey zone with still only limited risk for bankruptcy at the moment.
AGAS has a better Altman-Z score (2.09) than 61.90% of its industry peers.
The Debt to FCF ratio of AGAS is 5.35, which is a neutral value as it means it would take AGAS, 5.35 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 5.35, AGAS perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
A Debt/Equity ratio of 0.43 indicates that AGAS is not too dependend on debt financing.
AGAS has a Debt to Equity ratio (0.43) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 5.35 | ||
| Altman-Z | 2.09 |
ROIC/WACC4.98
WACC5.46%
2.3 Liquidity
A Current Ratio of 2.57 indicates that AGAS has no problem at all paying its short term obligations.
The Current ratio of AGAS (2.57) is better than 79.37% of its industry peers.
AGAS has a Quick Ratio of 2.55. This indicates that AGAS is financially healthy and has no problem in meeting its short term obligations.
AGAS has a better Quick ratio (2.55) than 80.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.57 | ||
| Quick Ratio | 2.55 |
3. Growth
3.1 Past
AGAS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 258.30%, which is quite impressive.
The Earnings Per Share has been growing by 45.88% on average over the past years. This is a very strong growth
AGAS shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 15.61%.
The Revenue has been growing slightly by 3.06% on average over the past years.
EPS 1Y (TTM)258.3%
EPS 3Y136.28%
EPS 5Y45.88%
EPS Q2Q%241.79%
Revenue 1Y (TTM)15.61%
Revenue growth 3Y11.39%
Revenue growth 5Y3.06%
Sales Q2Q%-59.75%
3.2 Future
The Earnings Per Share is expected to decrease by -16.42% on average over the next years. This is quite bad
The Revenue is expected to decrease by -52.68% on average over the next years. This is quite bad
EPS Next Y-102.99%
EPS Next 2Y-16.42%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year1.71%
Revenue Next 2Y-52.68%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 0.12, which indicates a rather cheap valuation of AGAS.
AGAS's Price/Earnings ratio is rather cheap when compared to the industry. AGAS is cheaper than 100.00% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 29.35, AGAS is valued rather cheaply.
AGAS is expected to report negative earnings next year, which makes the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 0.12 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AGAS indicates a rather cheap valuation: AGAS is cheaper than 93.65% of the companies listed in the same industry.
96.83% of the companies in the same industry are more expensive than AGAS, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 0.77 | ||
| EV/EBITDA | 0.87 |
4.3 Compensation for Growth
The excellent profitability rating of AGAS may justify a higher PE ratio.
A cheap valuation may be justified as AGAS's earnings are expected to decrease with -16.42% in the coming years.
PEG (NY)N/A
PEG (5Y)0
EPS Next 2Y-16.42%
EPS Next 3YN/A
5. Dividend
5.1 Amount
AGAS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
OSL:AGAS (3/7/2025, 7:00:00 PM)
9.77
-0.37 (-3.65%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners3.67%
Inst Owner ChangeN/A
Ins Owners0.4%
Ins Owner ChangeN/A
Market Cap756.49M
Analysts44.62
Price Target51.38 (425.9%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend21.66
Dividend Growth(5Y)54.2%
DP63.58%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-30.14%
Min EPS beat(2)-40.36%
Max EPS beat(2)-19.92%
EPS beat(4)1
Avg EPS beat(4)-9.24%
Min EPS beat(4)-40.36%
Max EPS beat(4)26.19%
EPS beat(8)3
Avg EPS beat(8)-6.12%
EPS beat(12)6
Avg EPS beat(12)-2.24%
EPS beat(16)7
Avg EPS beat(16)-12.38%
Revenue beat(2)2
Avg Revenue beat(2)36.44%
Min Revenue beat(2)31.33%
Max Revenue beat(2)41.55%
Revenue beat(4)4
Avg Revenue beat(4)37.51%
Min Revenue beat(4)20.01%
Max Revenue beat(4)57.16%
Revenue beat(8)8
Avg Revenue beat(8)30.4%
Revenue beat(12)12
Avg Revenue beat(12)37.12%
Revenue beat(16)16
Avg Revenue beat(16)35.38%
PT rev (1m)-54.78%
PT rev (3m)-59.44%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-15.75%
EPS NY rev (1m)-106.1%
EPS NY rev (3m)-113.04%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-15.9%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 0.12 | ||
| Fwd PE | N/A | ||
| P/S | 0.15 | ||
| P/FCF | 0.77 | ||
| P/OCF | 0.28 | ||
| P/B | 0.13 | ||
| P/tB | 0.13 | ||
| EV/EBITDA | 0.87 |
EPS(TTM)82.77
EY847.19%
EPS(NY)-0.55
Fwd EYN/A
FCF(TTM)12.7
FCFY129.95%
OCF(TTM)34.37
OCFY351.82%
SpS66.27
BVpS72.65
TBVpS72.65
PEG (NY)N/A
PEG (5Y)0
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 43.32% | ||
| ROE | 84.89% | ||
| ROCE | 40.94% | ||
| ROIC | 27.2% | ||
| ROICexc | 36.7% | ||
| ROICexgc | 36.7% | ||
| OM | 55.49% | ||
| PM (TTM) | 93.07% | ||
| GM | 78.12% | ||
| FCFM | 19.16% |
ROA(3y)39.79%
ROA(5y)26.13%
ROE(3y)46.48%
ROE(5y)32.21%
ROIC(3y)14.61%
ROIC(5y)10.56%
ROICexc(3y)65.16%
ROICexc(5y)41.09%
ROICexgc(3y)65.16%
ROICexgc(5y)41.09%
ROCE(3y)18.98%
ROCE(5y)13.72%
ROICexcg growth 3Y233.7%
ROICexcg growth 5Y81.07%
ROICexc growth 3Y233.7%
ROICexc growth 5Y81.07%
OM growth 3Y28.88%
OM growth 5Y7.07%
PM growth 3Y115.33%
PM growth 5Y46.77%
GM growth 3Y2.79%
GM growth 5Y1.24%
F-Score6
Asset Turnover0.47
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 5.35 | ||
| Debt/EBITDA | 0.75 | ||
| Cap/Depr | 428.39% | ||
| Cap/Sales | 32.71% | ||
| Interest Coverage | 10.12 | ||
| Cash Conversion | 82.17% | ||
| Profit Quality | 20.59% | ||
| Current Ratio | 2.57 | ||
| Quick Ratio | 2.55 | ||
| Altman-Z | 2.09 |
F-Score6
WACC5.46%
ROIC/WACC4.98
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)258.3%
EPS 3Y136.28%
EPS 5Y45.88%
EPS Q2Q%241.79%
EPS Next Y-102.99%
EPS Next 2Y-16.42%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)15.61%
Revenue growth 3Y11.39%
Revenue growth 5Y3.06%
Sales Q2Q%-59.75%
Revenue Next Year1.71%
Revenue Next 2Y-52.68%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y79%
EBIT growth 3Y43.56%
EBIT growth 5Y10.35%
EBIT Next Year-102.65%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y977.4%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y75.07%
OCF growth 3YN/A
OCF growth 5YN/A