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Enteq Upstream

AIM:NTQ
Snowflake Description

Excellent balance sheet with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NTQ
AIM
£19M
Market Cap
  1. Home
  2. GB
  3. Energy
Company description

Enteq Upstream Plc, together with its subsidiaries, provides reach and recovery products and technologies to the upstream oil and gas services market primarily in the United States. The last earnings update was 4 days ago. More info.


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NTQ Share Price and Events
7 Day Returns
3.1%
AIM:NTQ
-0.8%
GB Energy Services
-0.4%
GB Market
1 Year Returns
20.4%
AIM:NTQ
-32.8%
GB Energy Services
4.4%
GB Market
NTQ Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Enteq Upstream (NTQ) 3.1% 0% 13.5% 20.4% 73.5% 8.3%
GB Energy Services -0.8% 3.1% -9.3% -32.8% -47.4% -55.8%
GB Market -0.4% 1.8% 3.8% 4.4% 6.9% 2.9%
1 Year Return vs Industry and Market
  • NTQ outperformed the Energy Services industry which returned -32.8% over the past year.
  • NTQ outperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 4.4% over the past year.
Price Volatility
NTQ
Industry
5yr Volatility vs Market

NTQ Value

 Is Enteq Upstream 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 Enteq Upstream 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 Enteq Upstream.

AIM:NTQ Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.2%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.2%

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 AIM:NTQ
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 6.7%
Energy Services Unlevered Beta Simply Wall St/ S&P Global 1.07
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.066 (1 + (1- 19%) (0%))
1.044
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.04
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (1.044 * 6.65%)
8.17%

Discounted Cash Flow Calculation for AIM:NTQ using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Enteq Upstream 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.

AIM:NTQ DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 8.17%)
2020 0.00 Analyst x1 0.00
2021 2.00 Analyst x1 1.71
2022 2.40 Analyst x1 1.90
2023 2.69 Est @ 12.08% 1.96
2024 2.93 Est @ 8.83% 1.98
2025 3.12 Est @ 6.55% 1.95
2026 3.27 Est @ 4.95% 1.89
2027 3.40 Est @ 3.83% 1.81
2028 3.50 Est @ 3.05% 1.73
2029 3.59 Est @ 2.5% 1.64
Present value of next 10 years cash flows $16.00
AIM:NTQ DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $3.59 × (1 + 1.23%) ÷ (8.17% – 1.23%)
$52.35
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $52.35 ÷ (1 + 8.17%)10
$23.87
AIM:NTQ Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $16.00 + $23.87
$39.87
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $39.87 / 65.49
$0.61
AIM:NTQ Discount to Share Price
Calculation Result
Exchange Rate USD/GBP
(Reporting currency to currency of AIM:NTQ)
0.771
Value per Share
(GBP)
= Value per Share in USD x Exchange Rate (USD/GBP)
= $0.61 x 0.771
£0.47
Value per share (GBP) From above. £0.47
Current discount Discount to share price of £0.30
= -1 x (£0.30 - £0.47) / £0.47
37.2%

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

Current Discount
Amount off the current price Enteq Upstream is available for.
Intrinsic value
37%
Share price is £0.295 vs Future cash flow value of £0.46945
Current Discount Checks
For Enteq Upstream to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Enteq Upstream's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Enteq Upstream's share price is below the future cash flow value, but not 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 Enteq Upstream's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Enteq Upstream's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:NTQ PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $0.00
AIM:NTQ Share Price ** AIM (2019-11-18) in GBP £0.3
AIM:NTQ Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.297 $0.38
United Kingdom of Great Britain and Northern Ireland Energy Services Industry PE Ratio Median Figure of 8 Publicly-Listed Energy Services Companies 11.29x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 752 Publicly-Listed Companies 17.09x

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

** Primary Listing of Enteq Upstream.

AIM:NTQ PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:NTQ Share Price ÷ EPS (both in USD)

= 0.38 ÷ 0.00

-125.11x

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

  • Enteq Upstream is loss making, we can't compare its value to the GB Energy Services industry average.
  • Enteq Upstream is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Enteq Upstream's expected growth come at a high price?
Raw Data
AIM:NTQ PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -125.11x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
103.1%per year
United Kingdom of Great Britain and Northern Ireland Energy Services Industry PEG Ratio Median Figure of 7 Publicly-Listed Energy Services Companies 1.63x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 561 Publicly-Listed Companies 1.4x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for Enteq Upstream, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Enteq Upstream's assets?
Raw Data
AIM:NTQ PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $0.37
AIM:NTQ Share Price * AIM (2019-11-18) in GBP £0.3
AIM:NTQ Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.297 $0.38
United Kingdom of Great Britain and Northern Ireland Energy Services Industry PB Ratio Median Figure of 15 Publicly-Listed Energy Services Companies 0.79x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,305 Publicly-Listed Companies 1.52x
AIM:NTQ PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:NTQ Share Price ÷ Book Value per Share (both in USD)

= 0.38 ÷ 0.37

1.04x

* Primary Listing of Enteq Upstream.

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

  • Enteq Upstream is overvalued based on assets compared to the GB Energy Services industry average.
X
Value checks
We assess Enteq Upstream'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 Energy Services 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 Energy Services industry average (and greater than 0)? (1 check)
  5. Enteq Upstream has a total score of 1/6, 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.

NTQ Future Performance

 How is Enteq Upstream expected to perform in the next 1 to 3 years based on estimates from 2 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
103.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Enteq Upstream expected to grow at an attractive rate?
  • Enteq Upstream's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • Enteq Upstream's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • Enteq Upstream's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
AIM:NTQ Future Growth Rates Data Sources
Data Point Source Value (per year)
AIM:NTQ Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 103.1%
AIM:NTQ Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 14.1%
United Kingdom of Great Britain and Northern Ireland Energy Services Industry Earnings Growth Rate Market Cap Weighted Average 20.7%
United Kingdom of Great Britain and Northern Ireland Energy Services Industry Revenue Growth Rate Market Cap Weighted Average 2.8%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 12.5%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 3.6%

*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
AIM:NTQ Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:NTQ Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-03-31 16 3 2 2
2021-03-31 14 3 2 2
2020-03-31 11 2 0 2
2019-11-18
AIM:NTQ Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 13 2 0
2019-06-30 11 2 0
2019-03-31 10 1 0
2018-12-31 9 1 0
2018-09-30 8 1 -1
2018-06-30 7 2 -1
2018-03-31 6 3 -1
2017-12-31 6 1 -1
2017-09-30 7 0 0
2017-06-30 6 0 -1
2017-03-31 5 0 -1
2016-12-31 4 1 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Enteq Upstream's earnings are expected to grow significantly at over 20% yearly.
  • Enteq Upstream's revenue is expected to grow by 14.1% 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
AIM:NTQ Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Enteq Upstream Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:NTQ Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-03-31 0.04 0.05 0.03 2.00
2021-03-31 0.02 0.03 0.02 2.00
2020-03-31 0.00 0.00 0.00 2.00
2019-11-18
AIM:NTQ Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 0.00
2019-06-30 0.00
2019-03-31 0.00
2018-12-31 -0.01
2018-09-30 -0.01
2018-06-30 -0.01
2018-03-31 -0.01
2017-12-31 -0.01
2017-09-30 -0.01
2017-06-30 -0.01
2017-03-31 -0.02
2016-12-31 -0.05

*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.
  • Enteq Upstream is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Enteq Upstream'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 United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland 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.
Enteq Upstream has a total score of 4/6, 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.

NTQ Past Performance

  How has Enteq Upstream 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 Enteq Upstream's growth in the last year to its industry (Energy Services).
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.
  • Enteq Upstream does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Enteq Upstream's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Enteq Upstream's 1-year growth to the Europe Energy Services industry average as it is not currently profitable.
Earnings and Revenue History
Enteq Upstream'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 Enteq Upstream Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:NTQ Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 12.60 -0.20 8.03
2019-06-30 11.40 -0.15 7.49
2019-03-31 10.20 -0.10 6.95
2018-12-31 9.16 -0.37 6.36
2018-09-30 8.11 -0.64 5.78
2018-06-30 7.28 -0.62 5.39
2018-03-31 6.46 -0.60 4.99
2017-12-31 6.49 -0.54 5.01
2017-09-30 6.52 -0.48 5.03
2017-06-30 5.64 -0.83 4.63
2017-03-31 4.76 -1.19 4.24
2016-12-31 4.41 -2.83 4.04
2016-09-30 4.05 -4.47 3.85
2016-06-30 5.17 -4.61 5.04
2016-03-31 6.29 -4.74 6.23
2015-12-31 7.08 -25.54 7.02
2015-09-30 7.87 -46.33 7.82
2015-06-30 13.20 -46.78 8.31
2015-03-31 18.53 -47.23 8.81
2014-12-31 23.08 -29.25 8.86
2014-09-30 27.63 -11.28 8.91
2014-06-30 26.09 -11.43 8.71
2014-03-31 24.55 -11.57 8.51
2013-12-31 22.59 -5.63 8.66
2013-09-30 20.63 0.31 8.80
2013-06-30 18.00 -0.20 7.92
2013-03-31 15.37 -0.71 7.03
2012-12-31 10.33 -3.11 5.35

*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.
  • It is difficult to establish if Enteq Upstream has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Enteq Upstream has efficiently used its assets last year compared to the GB Energy Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Enteq Upstream improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Enteq Upstream'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 Energy Services 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.
Enteq Upstream 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.

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

NTQ Health

 How is Enteq Upstream'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 Enteq Upstream's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Enteq Upstream is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Enteq Upstream has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Enteq Upstream'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.
  • Enteq Upstream 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 Enteq Upstream Company Filings, last reported 1 month ago.

AIM:NTQ Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 23.91 0.00 10.66
2019-06-30 23.91 0.00 10.66
2019-03-31 24.05 0.00 11.93
2018-12-31 24.05 0.00 11.93
2018-09-30 23.34 0.00 11.85
2018-06-30 23.34 0.00 11.85
2018-03-31 23.57 0.00 15.50
2017-12-31 23.57 0.00 15.50
2017-09-30 23.81 0.00 15.33
2017-06-30 23.81 0.00 15.33
2017-03-31 23.74 0.00 15.34
2016-12-31 23.74 0.00 15.34
2016-09-30 23.71 0.00 15.21
2016-06-30 23.71 0.00 15.21
2016-03-31 24.50 0.00 15.12
2015-12-31 24.50 0.00 15.12
2015-09-30 27.75 0.00 14.52
2015-06-30 27.75 0.00 14.52
2015-03-31 28.88 0.00 14.09
2014-12-31 28.88 0.00 14.09
2014-09-30 73.82 0.00 13.79
2014-06-30 73.82 0.00 13.79
2014-03-31 75.96 0.00 18.83
2013-12-31 75.96 0.00 18.83
2013-09-30 85.10 0.00 21.25
2013-06-30 85.10 0.00 21.25
2013-03-31 87.46 0.00 23.95
2012-12-31 87.46 0.00 23.95
  • Enteq Upstream has no debt.
  • Enteq Upstream has not taken on any debt in the past 5 years.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Enteq Upstream has sufficient cash runway for more than 3 years based on current free cash flow.
  • Unable to confirm if Enteq Upstream has at least 1 year of cash runway based on growing free cash flows without relevant data.
X
Financial health checks
We assess Enteq Upstream'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. Enteq Upstream has a total score of 5/6, 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.

NTQ Dividends

 What is Enteq Upstream'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
0%
Current annual income from Enteq Upstream dividends.
If you bought £2,000 of Enteq Upstream shares you are expected to receive £0 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?
  • Unable to evaluate Enteq Upstream's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Enteq Upstream's dividend against the top 25% market benchmark as the company has not reported any payouts.
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
AIM:NTQ 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 2 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Energy Services Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 6.2%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 680 Stocks 4.5%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.3%

Industry and Market average data is calculated daily.

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

AIM:NTQ Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-03-31
2021-03-31
2020-03-31
2019-11-18

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

  • Unable to perform a dividend volatility check as Enteq Upstream has not reported any payouts.
  • Unable to verify if Enteq Upstream's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Enteq Upstream's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Enteq Upstream has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Enteq Upstream's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - 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 Enteq Upstream afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Enteq Upstream has a total score of 0/6, see the detailed checks below.


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

NTQ Management

 What is the CEO of Enteq Upstream'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
Martin Perry
COMPENSATION $613,000
AGE 57
TENURE AS CEO 8.6 years
CEO Bio

Mr. Martin Gordon Perry has been Chief Executive Officer of Enteq Upstream Plc since April 5, 2011. Mr. Perry served as the Chief Executive Officer and Executive Director at Sondex Ltd. He joined the oil industry in 1984 as a Field Engineer with Baker Atlas, running instruments such as those developed and sold by Sondex. He subsequently developed an international marketing and general management career in the IT and Datacomms industry before rejoining the oil and gas industry at Sondex. He served as the Chairman of Guralp Systems Ltd. He served as the Chairman of Sensornet. He serves as Director of Guralp Holdings Limited and The Vine Director Services Limited. Mr. Perry has been an Executive Director of Enteq Upstream Plc since April 5, 2011. He served as an Executive Director at Sondex PLC. He served as Director of Sondex Wireline Limited, Sondex Overseas Limited, Geolink (UK) Limited, Geolink International Unidril Energy, Sensornet Limited, Drilling and Wireline Solutions Limited, Semafone Limited, Guralp Finance Limited and Tendeka B.V. Mr. Perry has an Engineering degree from Exeter University.

CEO Compensation
  • Martin's compensation has increased whilst company is loss making.
  • Martin's remuneration is higher than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure and age of the Enteq Upstream management team in years:

8.5
Average Tenure
59
Average Age
  • The average tenure for the Enteq Upstream management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Martin Perry

TITLE
Chief Executive Officer & Executive Director
COMPENSATION
$613K
AGE
57
TENURE
8.6 yrs

David Steel

TITLE
Finance Director
COMPENSATION
$362K
AGE
59
TENURE
5.9 yrs

Raymond Garcia

TITLE
Chief Operations Officer
AGE
63
TENURE
8.5 yrs
Board of Directors Tenure

Average tenure and age of the Enteq Upstream board of directors in years:

7
Average Tenure
62.5
Average Age
  • The tenure for the Enteq Upstream board of directors is about average.
Board of Directors

Iain Paterson

TITLE
Non-Executive Chairman
COMPENSATION
$39K
AGE
72
TENURE
3.2 yrs

Martin Perry

TITLE
Chief Executive Officer & Executive Director
COMPENSATION
$613K
AGE
57
TENURE
8.6 yrs

David Steel

TITLE
Finance Director
COMPENSATION
$362K
AGE
59
TENURE
5.4 yrs

Rob Pinchbeck

TITLE
Non-Executive Director
COMPENSATION
$39K
AGE
66
TENURE
8.5 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 Enteq Upstream'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. Enteq Upstream 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.

NTQ News

Simply Wall St News

What Percentage Of Enteq Upstream Plc (LON:NTQ) Shares Do Insiders Own?

Our analysis of the ownership of the company, below, shows that institutional investors have bought into the company. … See our latest analysis for Enteq Upstream AIM:NTQ Ownership Summary, August 22nd 2019 What Does The Institutional Ownership Tell Us About Enteq Upstream? … AIM:NTQ Income Statement, August 22nd 2019 Investors should note that institutions actually own more than half the company, so they can collectively wield significant power.

Simply Wall St -

Estimating The Intrinsic Value Of Enteq Upstream Plc (LON:NTQ)

Using the most recent financial data, we'll take a look at whether the stock is fairly priced by taking the expected future cash flows and discounting them to their present value. … A DCF is all about the idea that a dollar in the future is less valuable than a dollar today, so we need to discount the sum of these future cash flows to arrive at a present value estimate: 10-year free cash flow (FCF) estimate 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Levered FCF ($, Millions) $-300.0k $1.1m $1.4m $1.6m $1.8m $2.0m $2.1m $2.3m $2.3m $2.4m Growth Rate Estimate Source Analyst x1 Analyst x1 Analyst x1 Est @ 17.18% Est @ 12.39% Est @ 9.04% Est @ 6.7% Est @ 5.06% Est @ 3.91% Est @ 3.1% Present Value ($, Millions) Discounted @ 8.21% $-0.3 $0.9 $1.1 $1.2 $1.2 $1.3 $1.2 $1.2 $1.2 $1.1 ("Est" = FCF growth rate estimated by Simply Wall St) Present Value of 10-year Cash Flow (PVCF)= $10.1m The second stage is also known as Terminal Value, this is the business's cash flow after the first stage. … AIM:NTQ Intrinsic value, July 18th 2019 Important assumptions Now the most important inputs to a discounted cash flow are the discount rate, and of course, the actual cash flows.

Simply Wall St -

Should You Worry About Enteq Upstream Plc's (LON:NTQ) CEO Pay?

Check out our latest analysis for Enteq Upstream How Does Martin Perry's Compensation Compare With Similar Sized Companies? … Thus we can conclude that Martin Perry receives more in total compensation than the median of a group of companies in the same market, and of similar size to Enteq Upstream Plc. … We compared the total CEO remuneration paid by Enteq Upstream Plc, and compared it to remuneration at a group of similar sized companies.

Simply Wall St -

If You Had Bought Enteq Upstream (LON:NTQ) Stock Three Years Ago, You Could Pocket A 137% Gain Today

For instance the Enteq Upstream Plc (LON:NTQ) share price is 137% higher than it was three years ago. … Over the last three years Enteq Upstream has grown its revenue at 4.7% annually. … But note: Enteq Upstream may not be the best stock to buy.

Simply Wall St -

What Kind Of Investor Owns Most Of Enteq Upstream Plc (LON:NTQ)?

If you want to know who really controls Enteq Upstream Plc (LON:NTQ), then you'll have to look at the makeup of its share registry. … We can zoom in on the different ownership groups, to learn more about NTQ … View our latest analysis for Enteq Upstream

Simply Wall St -

Does Enteq Upstream Plc's (LON:NTQ) CEO Salary Reflect Performance?

Martin Perry became the CEO of Enteq Upstream Plc (LON:NTQ) in 2011. … This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … How Does Martin Perry's Compensation Compare With Similar Sized Companies?

Simply Wall St -

Are Enteq Upstream Plc's (LON:NTQ) Interest Costs Too High?

The direct benefit for Enteq Upstream Plc (LON:NTQ), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … Is NTQ right in choosing financial flexibility over lower cost of capital. … Debt capital generally has lower cost of capital compared to equity funding

Simply Wall St -

Is Enteq Upstream Plc's (LON:NTQ) CEO Paid Enough Relative To Peers?

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Martin Perry's Compensation Compare With Similar Sized Companies. … It would therefore appear that Enteq Upstream Plc pays Martin Perry more than the median CEO remuneration at companies of a similar size, in the same market

Simply Wall St -

Enteq Upstream Plc (LON:NTQ): Are Analysts Optimistic?

Enteq Upstream Plc's (LON:NTQ):. … Enteq Upstream Plc, together with its subsidiaries, provides reach and recovery products and technologies to the upstream oil and gas services market primarily in the United States. … View out our latest analysis for Enteq Upstream

Simply Wall St -

Should You Be Concerned About Enteq Upstream Plc's (LON:NTQ) Investors?

In this article, I'm going to take a look at Enteq Upstream Plc’s (AIM:NTQ) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors. … Thus, investors not need worry too much about the consequences of these holdings.Next Steps: The company's high institutional ownership makes margin of safety a very important consideration to existing investors since long bull and bear trends often emerge when these big-ticket investors see a change in long-term potential of the company.

Simply Wall St -

NTQ Company Info

Description

Enteq Upstream Plc, together with its subsidiaries, provides reach and recovery products and technologies to the upstream oil and gas services market primarily in the United States. It designs, manufactures, and sells specialized parts and products for directional drilling and measurement for use in the energy exploration and services sector of the Oil and Gas industry. The company offers MWD solution comprising downhole tools, surface equipment, wireline equipment, and handling tools; XXT downhole tools, including surface gears and software; and mechanical parts, such as tensor/GE type parts, blue start type products, APS type parts, and running gear products. It also provides drilling products, which include mud motor parts, float valves, and fabricated parts. Enteq Upstream PLC was founded in 2011 and is headquartered in Amersham, the United Kingdom.

Details
Name: Enteq Upstream Plc
NTQ
Exchange: AIM
Founded: 2011
£19,319,149
65,488,644
Website: http://www.enteq.com
Address: Enteq Upstream Plc
St Mary's Court,
The Broadway,
Amersham,
Buckinghamshire, HP7 0UT,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM NTQ Ordinary Shares London Stock Exchange AIM Market GB GBP 01. Jul 2011
OTCPK ENQQ.F Ordinary Shares Pink Sheets LLC US USD 01. Jul 2011
DB 5EQ Ordinary Shares Deutsche Boerse AG DE EUR 01. Jul 2011
Number of employees
Current staff
Staff numbers
33
Enteq Upstream employees.
Industry
Oil and Gas Equipment and Services
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/18 21:28
End of day share price update: 2019/11/18 00:00
Last estimates confirmation: 2019/11/14
Last earnings filing: 2019/11/14
Last earnings reported: 2019/09/30
Last annual earnings reported: 2019/03/31


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.