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Phoenix Power Company SAOG

MSM:PHPC
Snowflake Description

Undervalued with questionable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PHPC
MSM
OMR72M
Market Cap
  1. Home
  2. OM
  3. Utilities
Company description

Phoenix Power Company SAOG owns, designs, develops, constructs, operates, maintains, finances, and insures a power generating station and related gas interconnection facilities, and other related infrastructure. The last earnings update was 33 days ago. More info.


Add to Portfolio Compare Print
  • Phoenix Power Company SAOG has significant price volatility in the past 3 months.
PHPC Share Price and Events
7 Day Returns
0%
MSM:PHPC
-0.5%
OM Renewable Energy
-4.5%
OM Market
1 Year Returns
-44.9%
MSM:PHPC
-28.3%
OM Renewable Energy
-15.6%
OM Market
PHPC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Phoenix Power Company SAOG (PHPC) 0% -19.7% -25.8% -44.9% -65.2% -
OM Renewable Energy -0.5% -8.9% -10% -28.3% -58.8% -64%
OM Market -4.5% -15.4% -13.1% -15.6% -37.3% -45.2%
1 Year Return vs Industry and Market
  • PHPC underperformed the Renewable Energy industry which returned -28.3% over the past year.
  • PHPC underperformed the Market in Oman which returned -15.6% over the past year.
Price Volatility
PHPC
Industry
5yr Volatility vs Market

Value

 Is Phoenix Power Company SAOG 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 Phoenix Power Company SAOG 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 Phoenix Power Company SAOG.

MSM:PHPC Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 23.2%
Perpetual Growth Rate 10-Year OM Government Bond Rate 8.6%

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 MSM:PHPC
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year OM Govt Bond Rate 8.6%
Equity Risk Premium S&P Global 8.2%
Renewable Energy Unlevered Beta Simply Wall St/ S&P Global 0.45
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.453 (1 + (1- 15%) (439.75%))
1.768
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.77
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 8.6% + (1.768 * 8.23%)
23.15%

Discounted Cash Flow Calculation for MSM:PHPC using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Phoenix Power Company SAOG 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.

MSM:PHPC DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 23.15%)
2020 73.70 Est @ 2.53% 59.84
2021 76.90 Est @ 4.35% 50.70
2022 81.23 Est @ 5.63% 43.49
2023 86.52 Est @ 6.52% 37.61
2024 92.70 Est @ 7.14% 32.72
2025 99.73 Est @ 7.58% 28.58
2026 107.59 Est @ 7.89% 25.04
2027 116.31 Est @ 8.1% 21.98
2028 125.91 Est @ 8.25% 19.32
2029 136.42 Est @ 8.36% 17.00
Present value of next 10 years cash flows $336.00
MSM:PHPC DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $136.42 × (1 + 8.6%) ÷ (23.15% – 8.6%)
$1,017.94
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $1,017.94 ÷ (1 + 23.15%)10
$126.83
MSM:PHPC Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $336.00 + $126.83
$462.83
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $462.83 / 1,462.60
$0.32
MSM:PHPC Discount to Share Price
Calculation Result
Exchange Rate USD/OMR
(Reporting currency to currency of MSM:PHPC)
0.385
Value per Share
(OMR)
= Value per Share in USD x Exchange Rate (USD/OMR)
= $0.32 x 0.385
OMR0.12
Value per share (OMR) From above. OMR0.12
Current discount Discount to share price of OMR0.05
= -1 x (OMR0.05 - OMR0.12) / OMR0.12
59.8%

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

Current Discount
Amount off the current price Phoenix Power Company SAOG is available for.
Intrinsic value
>50%
Share price is OMR0.049 vs Future cash flow value of OMR0.12184
Current Discount Checks
For Phoenix Power Company SAOG to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Phoenix Power Company SAOG's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Phoenix Power Company SAOG'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 Phoenix Power Company SAOG's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Phoenix Power Company SAOG's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
MSM:PHPC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $0.03
MSM:PHPC Share Price ** MSM (2020-03-31) in OMR OMR0.05
MSM:PHPC Share Price converted to USD reporting currency Exchange rate (OMR/ USD) 2.597 $0.13
Oman Renewable Energy Industry PE Ratio Median Figure of 8 Publicly-Listed Renewable Energy Companies 6.59x
Oman Market PE Ratio Median Figure of 74 Publicly-Listed Companies 10.44x

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

** Primary Listing of Phoenix Power Company SAOG.

MSM:PHPC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= MSM:PHPC Share Price ÷ EPS (both in USD)

= 0.13 ÷ 0.03

4.93x

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

  • Phoenix Power Company SAOG is good value based on earnings compared to the OM Renewable Energy industry average.
  • Phoenix Power Company SAOG is good value based on earnings compared to the Oman market.
Price based on expected Growth
Does Phoenix Power Company SAOG's expected growth come at a high price?
Raw Data
MSM:PHPC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 4.93x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Asia Renewable Energy Industry PEG Ratio Median Figure of 76 Publicly-Listed Renewable Energy Companies 0.79x
Oman Market PEG Ratio Median Figure of 5 Publicly-Listed Companies 1.68x

*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 Phoenix Power Company SAOG, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Phoenix Power Company SAOG's assets?
Raw Data
MSM:PHPC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $0.31
MSM:PHPC Share Price * MSM (2020-03-31) in OMR OMR0.05
MSM:PHPC Share Price converted to USD reporting currency Exchange rate (OMR/ USD) 2.597 $0.13
Oman Renewable Energy Industry PB Ratio Median Figure of 9 Publicly-Listed Renewable Energy Companies 0.89x
Oman Market PB Ratio Median Figure of 102 Publicly-Listed Companies 0.77x
MSM:PHPC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= MSM:PHPC Share Price ÷ Book Value per Share (both in USD)

= 0.13 ÷ 0.31

0.4x

* Primary Listing of Phoenix Power Company SAOG.

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

  • Phoenix Power Company SAOG is good value based on assets compared to the OM Renewable Energy industry average.
X
Value checks
We assess Phoenix Power Company SAOG'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 Renewable Energy 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 Renewable Energy industry average (and greater than 0)? (1 check)
  5. Phoenix Power Company SAOG has a total score of 5/6, 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.

Future Performance

 How is Phoenix Power Company SAOG expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Phoenix Power Company SAOG 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 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
11.5%
Expected Renewable Energy industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Phoenix Power Company SAOG expected to grow at an attractive rate?
  • Unable to compare Phoenix Power Company SAOG's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Phoenix Power Company SAOG's earnings growth to the Oman market average as no estimate data is available.
  • Unable to compare Phoenix Power Company SAOG's revenue growth to the Oman market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
MSM:PHPC Future Growth Rates Data Sources
Data Point Source Value (per year)
Asia Renewable Energy Industry Earnings Growth Rate Market Cap Weighted Average 11.5%
Asia Renewable Energy Industry Revenue Growth Rate Market Cap Weighted Average 5.9%
Oman Market Earnings Growth Rate Market Cap Weighted Average 6.7%
Oman Market Revenue Growth Rate Market Cap Weighted Average 6.7%

*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
MSM:PHPC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
MSM:PHPC Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
MSM:PHPC Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 346 72 38
2019-09-30 353 68 36
2019-06-30 352 67 35
2019-03-31 355 69 35
2018-12-31 350 86 34
2018-09-30 336 83 33
2018-06-30 332 84 32
2018-03-31 328 73 43
2017-12-31 334 72 26
2017-09-30 339 69 50
2017-06-30 335 72 47
2017-03-31 318 91 31

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Phoenix Power Company SAOG is high growth as no earnings estimate data is available.
  • Unable to determine if Phoenix Power Company SAOG 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.
Raw Data
MSM:PHPC 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 0 Analyst Estimates (S&P Global) See Below

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

MSM:PHPC Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
MSM:PHPC Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 0.03
2019-09-30
2019-06-30
2019-03-31
2018-12-31 0.02
2018-09-30
2018-06-30
2018-03-31
2017-12-31 0.02
2017-09-30
2017-06-30
2017-03-31

*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.
  • Unable to establish if Phoenix Power Company SAOG will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Phoenix Power Company SAOG is trading at Phoenix Power Company SAOG'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Phoenix Power Company SAOG's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Utilities companies here
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Phoenix Power Company SAOG'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 Asia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia 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.
Phoenix Power Company SAOG has a total score of 0/6, 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.

Past Performance

  How has Phoenix Power Company SAOG 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 Phoenix Power Company SAOG's growth in the last year to its industry (Renewable Energy).
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.
  • Phoenix Power Company SAOG's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Phoenix Power Company SAOG's 1-year earnings growth exceeds its 5-year average (12.3% vs -8.5%)
  • Phoenix Power Company SAOG's earnings growth has not exceeded the OM Renewable Energy industry average in the past year (12.3% vs 12.3%).
Earnings and Revenue History
Phoenix Power Company SAOG'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 Phoenix Power Company SAOG Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

MSM:PHPC Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 345.80 37.74 2.92
2019-09-30 352.88 35.77 2.76
2019-06-30 351.78 34.99 2.75
2019-03-31 355.50 35.29 2.67
2018-12-31 350.05 33.60 3.00
2018-09-30 335.81 32.71 3.19
2018-06-30 332.37 32.14 3.25
2018-03-31 327.74 42.82 3.33
2017-12-31 333.95 25.96 3.41
2017-09-30 338.68 49.95 2.79
2017-06-30 334.62 46.83 2.91
2017-03-31 318.06 31.34 3.13
2016-12-31 305.07 48.01 3.38
2016-09-30 279.90 78.80 4.58
2016-06-30 261.23 78.22 5.34
2016-03-31 257.90 77.62 5.76
2015-12-31 264.93 74.83 5.33
2015-09-30 239.56 65.88 4.67
2015-06-30 141.67 37.91 3.06
2015-03-31 47.80 12.23 1.69
2014-12-31 5.92 29.42 0.81
2013-12-31 1.99 0.30

*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.
  • Phoenix Power Company SAOG has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Phoenix Power Company SAOG used its assets less efficiently than the OM Renewable Energy industry average last year based on Return on Assets.
  • Phoenix Power Company SAOG has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Phoenix Power Company SAOG'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 Renewable Energy 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.
Phoenix Power Company SAOG has a total score of 2/6, 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.

Health

 How is Phoenix Power Company SAOG'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 Phoenix Power Company SAOG's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Phoenix Power Company SAOG's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Phoenix Power Company SAOG's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Phoenix Power Company SAOG'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.
  • Debt is not covered by short term assets, assets are 0.2x debt.
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 Phoenix Power Company SAOG Company Filings, last reported 3 months ago.

MSM:PHPC Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 460.55 795.84 19.59
2019-09-30 466.84 832.15 56.40
2019-06-30 447.65 857.76 25.34
2019-03-31 439.86 866.49 12.52
2018-12-31 466.54 865.85 35.81
2018-09-30 501.95 900.27 73.50
2018-06-30 464.95 922.62 39.84
2018-03-31 435.81 931.62 25.57
2017-12-31 430.00 930.92 36.75
2017-09-30 439.77 962.12 74.15
2017-06-30 404.31 985.00 44.12
2017-03-31 369.38 992.43 39.74
2016-12-31 398.64 991.69 58.49
2016-09-30 347.62 1,022.74 98.86
2016-06-30 316.22 1,021.97 42.32
2016-03-31 312.05 1,051.92 40.97
2015-12-31 356.84 1,051.13 53.51
2015-09-30 302.70 1,080.72 100.53
2015-06-30 315.11 1,079.90 40.41
2015-03-31 250.25 1,108.41 58.37
2014-12-31 307.22 1,107.58 38.33
2013-12-31 -61.86 1,422.73 6.30
  • Phoenix Power Company SAOG's level of debt (172.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (361.3% vs 172.8% today).
  • Debt is not well covered by operating cash flow (9%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Phoenix Power Company SAOG'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. Phoenix Power Company SAOG has a total score of 1/6, 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.

Dividends

 What is Phoenix Power Company SAOG'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
8.47%
Current annual income from Phoenix Power Company SAOG dividends.
If you bought OMR2,000 of Phoenix Power Company SAOG shares you are expected to receive OMR169 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?
  • Phoenix Power Company SAOG's pays a higher dividend yield than the bottom 25% of dividend payers in Oman (5%).
  • Phoenix Power Company SAOG's dividend is below the markets top 25% of dividend payers in Oman (9.46%).
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
MSM:PHPC 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 0 Analyst Estimates (S&P Global) See Below
Oman Renewable Energy Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 9.4%
Oman Market Average Dividend Yield Market Cap Weighted Average of 65 Stocks 8.3%
Oman Minimum Threshold Dividend Yield 10th Percentile 3.3%
Oman Bottom 25% Dividend Yield 25th Percentile 5%
Oman Top 25% Dividend Yield 75th Percentile 9.5%

Industry and Market average data is calculated daily.

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

MSM:PHPC Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
MSM:PHPC Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2020-02-27 0.011 7.866
2019-03-03 0.011 5.263
2019-01-14 0.011 4.357
2018-07-30 0.013 4.593
2018-02-28 0.009 2.816
2018-01-14 0.013 3.785
2017-10-24 0.021 5.861
2017-03-02 0.021 6.175
2016-03-07 0.021 5.327
2015-07-30 0.004 1.163

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

  • Phoenix Power Company SAOG has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but Phoenix Power Company SAOG only paid a dividend in the past 5 years.
Current Payout to shareholders
What portion of Phoenix Power Company SAOG's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (5x coverage).
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 Phoenix Power Company SAOG's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 3.3%) - 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 Phoenix Power Company SAOG afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Phoenix Power Company SAOG has a total score of 2/6, see the detailed checks below.


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

Management

 What is the CEO of Phoenix Power Company SAOG'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
Paul Atkinson
TENURE AS CEO 1.8 years
CEO Bio

Mr. Paul Adam Atkinson is the Chief Executive Officer of Phoenix Power Company SAOG since April 1, 2018.

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

Average tenure of the Phoenix Power Company SAOG management team in years:

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

Paul Atkinson

TITLE
Chief Executive Officer
TENURE
1.8 yrs

Koichi Matsumoto

TITLE
CFO & Disclosure Officer
TENURE
1.2 yrs

Ahmed Al Abri

TITLE
Company Secretary
TENURE
1.8 yrs
Board of Directors Tenure

Average tenure of the Phoenix Power Company SAOG board of directors in years:

1.8
Average Tenure
  • The average tenure for the Phoenix Power Company SAOG board of directors is less than 3 years, this suggests a new board.
Board of Directors

Khalid Jolo

TITLE
Independent Chairman of the Board

Peter Jones

TITLE
Deputy Chairman of the Board
TENURE
1.8 yrs

Tomoki Nishino

TITLE
Independent Non-Executive Director
TENURE
3.8 yrs

Carlos Alcazar

TITLE
Independent Non-Executive Director
TENURE
3.8 yrs

Motoharu Nakada

TITLE
Independent Non-Executive Director
TENURE
1.2 yrs

Jun Sano

TITLE
Non-Independent Non-Executive Director
TENURE
1.2 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 (OMR) Value (OMR)
X
Management checks
We assess Phoenix Power Company SAOG'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. Phoenix Power Company SAOG 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.

News

Simply Wall St News

Company Info

Description

Phoenix Power Company SAOG owns, designs, develops, constructs, operates, maintains, finances, and insures a power generating station and related gas interconnection facilities, and other related infrastructure. It owns and operates the Sur independent power plant, a gas-fired combined cycle power facility with an installed capacity of 2,000 megawatts located in the Sur Industrial Estate. The company was founded in 2011 and is based in Muscat, the Sultanate of Oman.

Details
Name: Phoenix Power Company SAOG
PHPC
Exchange: MSM
Founded: 2011
OMR71,667,471
1,462,601,460
Website: http://www.phoenixpoweroman.com
Address: Phoenix Power Company SAOG
PO Box 96,
Qurum,
Muscat,
102,
Oman
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
MSM PHPC Share Capital Muscat Securities Market OM OMR 24. Jun 2015
Number of employees
Current staff
Staff numbers
0
Phoenix Power Company SAOG employees.
Industry
Independent Power Producers and Energy Traders
Utilities
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/31 18:25
End of day share price update: 2020/03/31 00:00
Last estimates confirmation: 2020/01/15
Last earnings filing: 2020/02/27
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.