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SNGN Romgaz

DB:RZ8G
Snowflake Description

Flawless balance sheet with proven track record and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
RZ8G
DB
RON11B
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

SNGN Romgaz SA engages in the exploration, development, and production of natural gas resources in Romania. The last earnings update was 43 days ago. More info.


Add to Portfolio Compare Print
  • SNGN Romgaz has significant price volatility in the past 3 months.
RZ8G Share Price and Events
7 Day Returns
1.8%
DB:RZ8G
8.7%
DE Oil and Gas
4.3%
DE Market
1 Year Returns
-18.4%
DB:RZ8G
34.4%
DE Oil and Gas
-14.2%
DE Market
RZ8G Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
SNGN Romgaz (RZ8G) 1.8% -14.6% -29.7% -18.4% -14.1% -30.2%
DE Oil and Gas 8.7% -2.8% -19.4% 34.4% -14.7% 157%
DE Market 4.3% -9% -21.6% -14.2% -19.6% -25.6%
1 Year Return vs Industry and Market
  • RZ8G underperformed the Oil and Gas industry which returned 34.4% over the past year.
  • RZ8G underperformed the Market in Germany which returned -14.2% over the past year.
Price Volatility
RZ8G
Industry
5yr Volatility vs Market

RZ8G Value

 Is SNGN Romgaz undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of SNGN Romgaz to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for SNGN Romgaz.

DB:RZ8G Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 5 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.7%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:RZ8G
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 8.2%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.97
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.972 (1 + (1- 16%) (0.08%))
0.982
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.98
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (0.982 * 8.23%)
7.69%

Discounted Cash Flow Calculation for DB:RZ8G using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for SNGN Romgaz is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:RZ8G DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (RON, Millions) Source Present Value
Discounted (@ 7.69%)
2020 1,021.25 Analyst x4 948.33
2021 1,093.33 Analyst x3 942.77
2022 1,278.67 Analyst x3 1,023.85
2023 1,209.67 Analyst x3 899.43
2024 1,505.50 Analyst x2 1,039.47
2025 1,600.49 Est @ 6.31% 1,026.15
2026 1,669.31 Est @ 4.3% 993.85
2027 1,717.60 Est @ 2.89% 949.58
2028 1,750.37 Est @ 1.91% 898.60
2029 1,771.70 Est @ 1.22% 844.60
Present value of next 10 years cash flows RON9,566.00
DB:RZ8G DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= RON1,771.70 × (1 + -0.39%) ÷ (7.69% – -0.39%)
RON21,842.41
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= RON21,842.41 ÷ (1 + 7.69%)10
RON10,412.62
DB:RZ8G Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= RON9,566.00 + RON10,412.62
RON19,978.62
Equity Value per Share
(RON)
= Total value / Shares Outstanding
= RON19,978.62 / 385.42
RON51.84
DB:RZ8G Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:RZ8G represents 0.18814x of BVB:SNG
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.18814x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (RON) x Listing Adjustment Factor
= RON 51.84 x 0.18814
€9.75
Value per share (EUR) From above. €9.75
Current discount Discount to share price of €5.55
= -1 x (€5.55 - €9.75) / €9.75
43.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price SNGN Romgaz is available for.
Intrinsic value
43%
Share price is €5.55 vs Future cash flow value of €9.75
Current Discount Checks
For SNGN Romgaz to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • SNGN Romgaz's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • SNGN Romgaz's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for SNGN Romgaz's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are SNGN Romgaz's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:RZ8G PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in RON RON3.71
BVB:SNG Share Price ** BVB (2020-04-07) in RON RON29.5
Europe Oil and Gas Industry PE Ratio Median Figure of 104 Publicly-Listed Oil and Gas Companies 6.5x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 17.07x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of SNGN Romgaz.

DB:RZ8G PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BVB:SNG Share Price ÷ EPS (both in RON)

= 29.5 ÷ 3.71

7.95x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • SNGN Romgaz is overvalued based on earnings compared to the Europe Oil and Gas industry average.
  • SNGN Romgaz is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does SNGN Romgaz's expected growth come at a high price?
Raw Data
DB:RZ8G PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 7.95x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
3.6%per year
Europe Oil and Gas Industry PEG Ratio Median Figure of 66 Publicly-Listed Oil and Gas Companies 0.32x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.24x

*Line of best fit is calculated by linear regression .

DB:RZ8G PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 7.95x ÷ 3.6%

2.19x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • SNGN Romgaz is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on SNGN Romgaz's assets?
Raw Data
DB:RZ8G PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in RON RON19.41
BVB:SNG Share Price * BVB (2020-04-07) in RON RON29.5
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 1.01x
Germany Market PB Ratio Median Figure of 573 Publicly-Listed Companies 1.47x
DB:RZ8G PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BVB:SNG Share Price ÷ Book Value per Share (both in RON)

= 29.5 ÷ 19.41

1.52x

* Primary Listing of SNGN Romgaz.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • SNGN Romgaz is overvalued based on assets compared to the DE Oil and Gas industry average.
X
Value checks
We assess SNGN Romgaz's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. SNGN Romgaz has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

RZ8G Future Performance

 How is SNGN Romgaz expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
3.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is SNGN Romgaz expected to grow at an attractive rate?
  • SNGN Romgaz's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • SNGN Romgaz's earnings growth is positive but not above the Germany market average.
  • SNGN Romgaz's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:RZ8G Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:RZ8G Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 3.6%
DB:RZ8G Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts 2.7%
Europe Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 13.8%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 1.8%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:RZ8G Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in RON Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:RZ8G Future Estimates Data
Date (Data in RON Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31 1,702
2023-12-31 5,816 2,373 1,535 1
2022-12-31 5,393 2,347 1,611 4
2021-12-31 4,981 2,135 1,438 5
2020-12-31 4,824 2,073 1,399 2
2020-04-08
DB:RZ8G Past Financials Data
Date (Data in RON Millions) Revenue Cash Flow Net Income *
2019-12-31 5,080 2,432 1,428
2019-09-30 5,350 2,511 1,555
2019-06-30 5,404 2,414 1,559
2019-03-31 5,235 2,063 1,442
2018-12-31 5,004 2,143 1,366
2018-09-30 4,788 2,349 1,606
2018-06-30 4,667 2,607 1,699
2018-03-31 4,570 3,172 1,709
2017-12-31 4,585 2,751 1,804
2017-09-30 4,252 2,732 1,505
2017-06-30 3,954 2,123 1,297
2017-03-31 3,546 1,504 1,096

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • SNGN Romgaz's earnings are expected to grow by 3.6% yearly, however this is not considered high growth (20% yearly).
  • SNGN Romgaz's revenue is expected to grow by 2.7% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:RZ8G Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from SNGN Romgaz Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:RZ8G Future Estimates Data
Date (Data in RON Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-12-31
2023-12-31 4.40 4.40 4.40 1.00
2022-12-31 4.28 4.81 3.61 3.00
2021-12-31 3.73 4.50 3.33 4.00
2020-12-31 3.63 4.04 3.24 4.00
2020-04-08
DB:RZ8G Past Financials Data
Date (Data in RON Millions) EPS *
2019-12-31 3.71
2019-09-30 4.04
2019-06-30 4.05
2019-03-31 3.74
2018-12-31 3.54
2018-09-30 4.20
2018-06-30 4.40
2018-03-31 4.41
2017-12-31 4.70
2017-09-30 3.97
2017-06-30 3.41
2017-03-31 2.89

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • SNGN Romgaz is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess SNGN Romgaz's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
SNGN Romgaz has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

RZ8G Past Performance

  How has SNGN Romgaz performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare SNGN Romgaz's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • SNGN Romgaz's year on year earnings growth rate has been positive over the past 5 years.
  • SNGN Romgaz's 1-year earnings growth is less than its 5-year average (4.5% vs 5.9%)
  • SNGN Romgaz's earnings growth has exceeded the Europe Oil and Gas industry average in the past year (4.5% vs 1.9%).
Earnings and Revenue History
SNGN Romgaz's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from SNGN Romgaz Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:RZ8G Past Revenue, Cash Flow and Net Income Data
Date (Data in RON Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 5,080.48 1,428.29 788.67
2019-09-30 5,350.45 1,554.72 723.65
2019-06-30 5,404.48 1,559.23 722.76
2019-03-31 5,234.98 1,441.94 710.42
2018-12-31 5,004.20 1,366.17 738.77
2018-09-30 4,788.15 1,606.46 722.99
2018-06-30 4,667.48 1,699.02 701.82
2018-03-31 4,569.99 1,708.83 689.43
2017-12-31 4,585.19 1,803.63 610.67
2017-09-30 4,251.99 1,504.61 558.58
2017-06-30 3,954.18 1,296.77 532.30
2017-03-31 3,545.90 1,096.14 500.73
2016-12-31 3,411.87 1,024.58 498.11
2016-09-30 3,521.10 932.66 509.28
2016-06-30 3,667.48 1,042.94 513.58
2016-03-31 4,050.71 1,120.56 515.33
2015-12-31 4,052.68 1,194.29 511.65
2015-09-30 4,139.68 1,271.22 557.75
2015-06-30 4,202.11 1,305.53 538.21
2015-03-31 4,409.52 1,364.54 522.51
2014-12-31 4,493.34 1,409.88 522.79
2014-09-30 4,479.26 1,312.66 498.50
2014-06-30 4,404.75 1,244.13 530.62
2014-03-31 4,187.15 1,271.16 579.33
2013-12-31 3,894.27 995.55 562.80
2013-09-30 3,666.72 938.75 537.86
2013-06-30 3,661.61 944.53 522.73

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • SNGN Romgaz has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • SNGN Romgaz used its assets more efficiently than the Europe Oil and Gas industry average last year based on Return on Assets.
  • SNGN Romgaz has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess SNGN Romgaz's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
SNGN Romgaz has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

RZ8G Health

 How is SNGN Romgaz's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up SNGN Romgaz's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • SNGN Romgaz is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • SNGN Romgaz's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of SNGN Romgaz's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • SNGN Romgaz has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from SNGN Romgaz Company Filings, last reported 3 months ago.

DB:RZ8G Past Debt and Equity Data
Date (Data in RON Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 7,493.12 0.00 1,439.17
2019-09-30 7,246.51 0.00 1,155.23
2019-06-30 7,037.32 0.00 865.89
2019-03-31 8,210.46 0.00 1,972.82
2018-12-31 7,668.62 0.00 1,430.04
2018-09-30 8,079.59 0.00 1,883.66
2018-06-30 7,850.80 0.00 3,626.56
2018-03-31 9,793.59 0.00 3,425.04
2017-12-31 8,975.44 0.00 3,007.94
2017-09-30 9,387.94 0.00 3,149.38
2017-06-30 9,071.81 0.00 4,226.08
2017-03-31 10,242.05 0.00 3,443.42
2016-12-31 9,676.16 0.00 3,165.17
2016-09-30 9,365.28 0.00 2,438.47
2016-06-30 9,266.85 0.00 3,585.70
2016-03-31 10,181.54 0.00 3,391.72
2015-12-31 9,692.22 0.00 2,875.21
2015-09-30 9,473.27 0.00 2,467.26
2015-06-30 9,264.55 0.00 3,652.53
2015-03-31 10,275.06 0.00 3,322.14
2014-12-31 9,712.02 0.00 2,856.83
2014-09-30 9,416.13 0.00 2,880.20
2014-06-30 9,173.09 3.15 3,702.63
2014-03-31 9,901.16 0.00 3,041.00
2013-12-31 9,292.77 0.00 2,534.25
2013-09-30 9,083.92 0.00 2,353.55
2013-06-30 8,909.41 0.00 2,457.39
  • SNGN Romgaz has no debt.
  • SNGN Romgaz currently has no debt however we can't compare to 5 years ago as we have no data for that period.
  • SNGN Romgaz has no debt, it does not need to be covered by operating cash flow.
  • SNGN Romgaz has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess SNGN Romgaz's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. SNGN Romgaz has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

RZ8G Dividends

 What is SNGN Romgaz's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
5.46%
Current annual income from SNGN Romgaz dividends. Estimated to be 11.77% next year.
If you bought €2,000 of SNGN Romgaz shares you are expected to receive €109 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • SNGN Romgaz's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.63%).
  • SNGN Romgaz's dividend is above the markets top 25% of dividend payers in Germany (4.61%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:RZ8G Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
Europe Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 68 Stocks 8.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 314 Stocks 3.6%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.6%
Germany Top 25% Dividend Yield 75th Percentile 4.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:RZ8G Future Dividends Estimate Data
Date (Data in RON) Dividend per Share (annual) Avg. No. Analysts
2024-12-31
2023-12-31 3.86 2.00
2022-12-31 3.58 4.00
2021-12-31 3.32 4.00
2020-12-31 3.33 4.00
2020-04-08
DB:RZ8G Past Annualized Dividends Data
Date (Data in RON) Dividend per share (annual) Avg. Yield (%)
2020-03-19 1.610 5.850
2019-05-21 6.030 17.425
2018-11-15 6.290 19.792
2018-11-07 6.290 17.946
2018-04-26 4.990 14.692
2017-10-30 3.820 11.218
2017-04-26 3.820 12.420
2016-07-04 2.700 10.759
2015-08-14 3.150 11.851
2015-05-12 3.150 8.989
2015-04-29 3.150 8.718
2014-03-26 2.600 7.546
2013-11-13 2.770 8.188

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • SNGN Romgaz has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • SNGN Romgaz has only been paying a dividend for 6 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of SNGN Romgaz's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.3x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.2x coverage).
X
Income/ dividend checks
We assess SNGN Romgaz's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can SNGN Romgaz afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. SNGN Romgaz has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

RZ8G Management

 What is the CEO of SNGN Romgaz's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Adrian Volintiru
TENURE AS CEO 1.8 years
CEO Bio

Mr. Adrian Constantin Volintiru serves as the Chief Executive Officer of S.N.G.N. RomGaz S.A. and was its Director General since June 15, 2018. Mr. Volintiru served as Director at S.N.G.N. RomGaz S.A. until 2019. Mr. Volintiru served as Director of S.N.G.N. RomGaz S.A from April 2013 to June 2014.

CEO Compensation
  • Insufficient data for Adrian to compare compensation growth.
  • Insufficient data for Adrian to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure of the SNGN Romgaz management team in years:

1.8
Average Tenure
  • The average tenure for the SNGN Romgaz management team is less than 2 years, this suggests a new team.
Management Team

Adrian Volintiru

TITLE
Chief Executive Officer
TENURE
1.8 yrs

Andrei Bobar

TITLE
CFO & Economic Director
TENURE
2.4 yrs

Tranbitas Gabriela

TITLE
Director of the Accounting Department

Mircea Birsan

TITLE
Technical Director
AGE
47

Manuela Ogrinja

TITLE
Head of Investor Relations

Botond Balazs

TITLE
Head of Legal Department and Non-Executive & Non-independent Director
TENURE
0.8 yrs

Ioan Stan

TITLE
Director of the Human Resources
AGE
64

Chirca Stelian

TITLE
Deputy Chief Executive Officer

Marius Veza

TITLE
Head of Treasury Department

Nicu-Romeo Susanu

TITLE
Secretary
Board of Directors Tenure

Average tenure and age of the SNGN Romgaz board of directors in years:

0.5
Average Tenure
58
Average Age
  • The average tenure for the SNGN Romgaz board of directors is less than 3 years, this suggests a new board.
Board of Directors

Stan-Olteanu Manuela-Petronela

TITLE
Non-Executive & Non-Independent Chairperson of the Board
TENURE
0.8 yrs

Botond Balazs

TITLE
Head of Legal Department and Non-Executive & Non-independent Director
TENURE
0.3 yrs

Peter Jansen

TITLE
Non-Executive Independent Member
AGE
58
TENURE
1.8 yrs

Aristotel Jude

TITLE
Non-Executive & Non-Independent Member
AGE
42
TENURE
0.3 yrs

Ciobanu Cristian

TITLE
Independent Non-Executive Director
AGE
58
TENURE
2.6 yrs

Harabor Tudorel

TITLE
Non-Executive Independent Director

Marin Marius-Dumitru

TITLE
Independent Non-Executive Director
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess SNGN Romgaz's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. SNGN Romgaz has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

RZ8G News

Simply Wall St News

RZ8G Company Info

Description

SNGN Romgaz SA engages in the exploration, development, and production of natural gas resources in Romania. It holds a 100% interest in nine blocks located in Romania. The company produces natural gas through 3240 wells and surface facilities; and electricity with an installed capacity of 600 megawatts. It is also engages in the trading of natural gas; transportation of general goods and persons; well recompletion operations, workover and special well operations, and production test works; and underground storage of natural gas. The company was founded in 1909 and is headquartered in Medias, Romania.

Details
Name: SNGN Romgaz SA
RZ8G
Exchange: DB
Founded: 1909
RON2,351,858,078
385,422,400
Website: http://www.romgaz.ro
Address: SNGN Romgaz SA
4 Constantin I. Motas Square,
Medias,
551130,
Romania
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BVB SNG Ordinary Shares Bucharest Stock Exchange RO RON 12. Nov 2013
LSE 0QHQ Ordinary Shares London Stock Exchange GB RON 12. Nov 2013
DB RZ8G SPON GDR EA REPR 1 ORD REG 'S' Deutsche Boerse AG DE EUR 12. Nov 2013
LSE SNGR SPON GDR EA REPR 1 ORD REG 'S' London Stock Exchange GB USD 12. Nov 2013
BATS-CHIXE SNGRL SPON GDR EA REPR 1 ORD REG 'S' BATS 'Chi-X Europe' GB RON 12. Nov 2013
Number of employees
Current staff
Staff numbers
6,214
SNGN Romgaz employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/08 05:29
End of day share price update: 2020/04/07 00:00
Last estimates confirmation: 2020/02/28
Last earnings filing: 2020/02/25
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.