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
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Marenica Energy. This is due to cash flow or dividend data being
unavailable. The share price is
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
is considered below, and whether this is a fair price.
Price based on past earnings
Marenica Energy's earnings available for a low price, and how does
this compare to other companies in the same industry?
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Marenica Energy has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
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
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Marenica Energy's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Marenica Energy's earnings growth to the Germany market average as no estimate data is available.
Unable to compare Marenica Energy's revenue growth to the Germany market average as no estimate data is available.
Unable to determine if Marenica Energy is high growth as no earnings estimate data is available.
Unable to determine if Marenica Energy is high growth as no revenue estimate data is available.
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.
Marenica Energy's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Oil and Gas
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
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.
TENURE AS CEO
Mr. Murray Philip Hill, B.Sc. (Metallurgy), FAusIMM has been Managing Director of Marenica Energy Ltd since May 1, 2016 and has been its Chief Executive Officer since May 4, 2012. He has been a Director at Marenica Energy Limited since May 2, 2016. Mr. Hill has 30 years of experience in the mining industry. He is a very well respected metallurgist with extensive operating and process plant commissioning experience. He has also managed a metallurgical test work laboratory, has been a Senior Process Engineer in a Perth based engineering group and is well experienced in uranium metallurgy. For the past 11 years, Mr. Hill operated his own business providing metallurgical consulting services to the mining industry world-wide. He is a member of the Australian Institute of Mining and Metallurgy. Mr. Hill holds a Bachelor of Applied Science in Extractive Metallurgy (Mineral Science) from Murdoch University.
Murray's compensation has increased whilst company is loss making.
Murray's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure
Average tenure of the
management team in years:
The average tenure for the Marenica Energy management team is less than 2 years, this suggests a new team.
MD, CEO & Director
CFO & Company Secretary
General Manager of Namibia
Consulting Exploration Manager of Namibia
Board of Directors Tenure
Average tenure of the
board of directors in years:
The tenure for the Marenica Energy board of directors is about average.
Board of Directors
Independent Non-Executive Chairman
MD, CEO & Director
Who owns this company?
Recent Insider Trading
More shares have been bought than sold by Marenica Energy individual insiders in the past 3 months, but not in substantial volumes.
Marenica Energy Limited engages in the exploration and evaluation of uranium deposits in Namibia. It holds a 75% interest in the Marenica uranium project covering an area of 321 square kilometers; and a 100% interest in the Mile 72 uranium project covering an area of 21 square kilometers located in the Erongo uranium province in Namibia. The company was formerly known as West Australian Metals Ltd and changed its name to Marenica Energy Limited in November 2009. Marenica Energy Limited was incorporated in 1978 and is based in West Perth, Australia.
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