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NG ENERGY INTERNATIONAL CORP (GASX.CA) Stock Fundamental Analysis

TSX-V:GASX - TSX Venture Exchange - CA62931J1021 - Common Stock - Currency: CAD

0.83  -0.04 (-4.6%)

Fundamental Rating

2

Taking everything into account, GASX scores 2 out of 10 in our fundamental rating. GASX was compared to 219 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and financial health of GASX have multiple concerns. While showing a medium growth rate, GASX is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

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2

1. Profitability

1.1 Basic Checks

GASX had negative earnings in the past year.
In the past year GASX had a positive cash flow from operations.
In the past 5 years GASX always reported negative net income.
GASX had a negative operating cash flow in each of the past 5 years.
GASX.CA Yearly Net Income VS EBIT VS OCF VS FCFGASX.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 -20M -40M -60M

1.2 Ratios

GASX has a worse Return On Assets (-40.97%) than 76.47% of its industry peers.
GASX has a worse Return On Equity (-103.37%) than 74.66% of its industry peers.
Industry RankSector Rank
ROA -40.97%
ROE -103.37%
ROIC N/A
ROA(3y)-18.87%
ROA(5y)-49.03%
ROE(3y)-89.89%
ROE(5y)-138.53%
ROIC(3y)N/A
ROIC(5y)N/A
GASX.CA Yearly ROA, ROE, ROICGASX.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 -200 -400 -600 -800 -1K

1.3 Margins

Looking at the Gross Margin, with a value of 78.99%, GASX belongs to the top of the industry, outperforming 92.31% of the companies in the same industry.
GASX's Gross Margin has improved in the last couple of years.
The Profit Margin and Operating Margin are not available for GASX so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 78.99%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5Y11.49%
GASX.CA Yearly Profit, Operating, Gross MarginsGASX.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 0 -200 -400 -600 -800 -1K

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1

2. Health

2.1 Basic Checks

GASX does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for GASX has been increased compared to 1 year ago.
GASX has more shares outstanding than it did 5 years ago.
GASX has a worse debt/assets ratio than last year.
GASX.CA Yearly Shares OutstandingGASX.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 20M 40M 60M 80M 100M
GASX.CA Yearly Total Debt VS Total AssetsGASX.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 20M 40M 60M 80M 100M

2.2 Solvency

GASX has an Altman-Z score of -0.62. This is a bad value and indicates that GASX is not financially healthy and even has some risk of bankruptcy.
GASX has a Altman-Z score of -0.62. This is in the lower half of the industry: GASX underperforms 69.23% of its industry peers.
A Debt/Equity ratio of 0.87 indicates that GASX is somewhat dependend on debt financing.
GASX has a worse Debt to Equity ratio (0.87) than 61.99% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.87
Debt/FCF N/A
Altman-Z -0.62
ROIC/WACCN/A
WACC7.41%
GASX.CA Yearly LT Debt VS Equity VS FCFGASX.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 20M -20M 40M 60M

2.3 Liquidity

GASX has a Current Ratio of 0.81. This is a bad value and indicates that GASX is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.81, GASX perfoms like the industry average, outperforming 55.66% of the companies in the same industry.
A Quick Ratio of 0.80 indicates that GASX may have some problems paying its short term obligations.
GASX's Quick ratio of 0.80 is in line compared to the rest of the industry. GASX outperforms 59.28% of its industry peers.
Industry RankSector Rank
Current Ratio 0.81
Quick Ratio 0.8
GASX.CA Yearly Current Assets VS Current LiabilitesGASX.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 20M 40M 60M

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6

3. Growth

3.1 Past

GASX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -33.33%.
GASX shows a strong growth in Revenue. In the last year, the Revenue has grown by 204.50%.
GASX shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.92% yearly.
EPS 1Y (TTM)-33.33%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%39.79%
Revenue 1Y (TTM)204.5%
Revenue growth 3YN/A
Revenue growth 5Y13.92%
Sales Q2Q%265.89%

3.2 Future

Based on estimates for the next years, GASX will show a very strong growth in Earnings Per Share. The EPS will grow by 43.03% on average per year.
GASX is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 121.68% yearly.
EPS Next Y-80.96%
EPS Next 2Y48.67%
EPS Next 3Y43.03%
EPS Next 5YN/A
Revenue Next Year195.08%
Revenue Next 2Y146.49%
Revenue Next 3Y121.68%
Revenue Next 5YN/A

3.3 Evolution

The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
GASX.CA Yearly Revenue VS EstimatesGASX.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 50M 100M
GASX.CA Yearly EPS VS EstimatesGASX.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0 -5 -10 -15

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2

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for GASX. In the last year negative earnings were reported.
With a Price/Forward Earnings ratio of 22.93, GASX is valued on the expensive side.
GASX's Price/Forward Earnings ratio is in line with the industry average.
GASX's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.10.
Industry RankSector Rank
PE N/A
Fwd PE 22.93
GASX.CA Price Earnings VS Forward Price EarningsGASX.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20

4.2 Price Multiples

The rest of the industry has a similar Enterprise Value to EBITDA ratio as GASX.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 28.5
GASX.CA Per share dataGASX.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.1 -0.1 0.2

4.3 Compensation for Growth

A more expensive valuation may be justified as GASX's earnings are expected to grow with 43.03% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y48.67%
EPS Next 3Y43.03%

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0

5. Dividend

5.1 Amount

No dividends for GASX!.
Industry RankSector Rank
Dividend Yield N/A

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NG ENERGY INTERNATIONAL CORP

TSX-V:GASX (3/7/2025, 7:00:00 PM)

0.83

-0.04 (-4.6%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-22 2024-11-22
Earnings (Next)04-24 2025-04-24/amc
Inst Owners4.42%
Inst Owner ChangeN/A
Ins Owners13.78%
Ins Owner ChangeN/A
Market Cap211.68M
Analysts83.33
Price Target2.81 (238.55%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-34.86%
Min Revenue beat(2)-52.51%
Max Revenue beat(2)-17.2%
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)2.8%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)-19.44%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-10.04%
Revenue NY rev (3m)-20.99%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 22.93
P/S 5.18
P/FCF N/A
P/OCF 9.82
P/B 3
P/tB 3
EV/EBITDA 28.5
EPS(TTM)-0.17
EYN/A
EPS(NY)0.04
Fwd EY4.36%
FCF(TTM)-0.05
FCFYN/A
OCF(TTM)0.08
OCFY10.18%
SpS0.16
BVpS0.28
TBVpS0.28
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -40.97%
ROE -103.37%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 78.99%
FCFM N/A
ROA(3y)-18.87%
ROA(5y)-49.03%
ROE(3y)-89.89%
ROE(5y)-138.53%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5Y11.49%
F-Score5
Asset Turnover0.23
Health
Industry RankSector Rank
Debt/Equity 0.87
Debt/FCF N/A
Debt/EBITDA 6.57
Cap/Depr 267.03%
Cap/Sales 81.06%
Interest Coverage N/A
Cash Conversion 230.02%
Profit Quality N/A
Current Ratio 0.81
Quick Ratio 0.8
Altman-Z -0.62
F-Score5
WACC7.41%
ROIC/WACCN/A
Cap/Depr(3y)28034.9%
Cap/Depr(5y)22095.8%
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)-33.33%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%39.79%
EPS Next Y-80.96%
EPS Next 2Y48.67%
EPS Next 3Y43.03%
EPS Next 5YN/A
Revenue 1Y (TTM)204.5%
Revenue growth 3YN/A
Revenue growth 5Y13.92%
Sales Q2Q%265.89%
Revenue Next Year195.08%
Revenue Next 2Y146.49%
Revenue Next 3Y121.68%
Revenue Next 5YN/A
EBIT growth 1Y73.56%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year349.28%
EBIT Next 3Y144.19%
EBIT Next 5YN/A
FCF growth 1Y59.4%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y349.68%
OCF growth 3YN/A
OCF growth 5YN/A