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Brooge Holdings

Nasdaq:BROG
Snowflake Description

Acceptable track record with worrying balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BROG
Nasdaq
$1B
Market Cap
  1. Home
  2. US
  3. Energy
Company description

Brooge Holdings Limited provides oil storage and services in the Port of Fujairah. The last earnings update was 184 days ago. More info.


Add to Portfolio Compare Print
  • Brooge Holdings has significant price volatility in the past 3 months.
BROG Share Price and Events
7 Day Returns
33.6%
NasdaqCM:BROG
11.2%
US Oil and Gas
9.9%
US Market
1 Year Returns
-
NasdaqCM:BROG
-56.7%
US Oil and Gas
-11.9%
US Market
BROG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Brooge Holdings (BROG) 33.6% -0.9% 30.3% - - -
US Oil and Gas 11.2% -36.3% -51.8% -56.7% -56.9% -62.1%
US Market 9.9% -15% -21.5% -11.9% 5.1% 18.1%
1 Year Return vs Industry and Market
  • No trading data on BROG.
  • No trading data on BROG.
Price Volatility
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Brooge Holdings 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 Brooge Holdings 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 Brooge Holdings.

NasdaqCM:BROG 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 7.2%
Perpetual Growth Rate 10-Year US Government Bond Rate 1.7%

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 NasdaqCM:BROG
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 1.7%
Equity Risk Premium S&P Global 6.1%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.82
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.816 (1 + (1- 55%) (9.6%))
0.9
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.9
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.74% + (0.9 * 6.07%)
7.2%

Discounted Cash Flow Calculation for NasdaqCM:BROG using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Brooge Holdings 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.

NasdaqCM:BROG DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 7.2%)
2020 38.54 Est @ 0.33% 35.95
2021 38.83 Est @ 0.75% 33.79
2022 39.24 Est @ 1.05% 31.85
2023 39.73 Est @ 1.26% 30.08
2024 40.29 Est @ 1.4% 28.46
2025 40.90 Est @ 1.5% 26.94
2026 41.54 Est @ 1.57% 25.53
2027 42.21 Est @ 1.62% 24.20
2028 42.91 Est @ 1.66% 22.95
2029 43.64 Est @ 1.68% 21.77
Present value of next 10 years cash flows $281.00
NasdaqCM:BROG DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $43.64 × (1 + 1.74%) ÷ (7.2% – 1.74%)
$812.69
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $812.69 ÷ (1 + 7.2%)10
$405.38
NasdaqCM:BROG Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $281.00 + $405.38
$686.38
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $686.38 / 109.59
$6.26
NasdaqCM:BROG Discount to Share Price
Calculation Result
Value per share (USD) From above. $6.26
Current discount Discount to share price of $11.70
= -1 x ($11.70 - $6.26) / $6.26
-86.8%

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

  • The current share price of Brooge Holdings is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Brooge Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Brooge Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:BROG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in USD Not available
NasdaqCM:BROG Share Price ** NasdaqCM (2020-03-27) in USD $11.7
United States of America Oil and Gas Industry PE Ratio Median Figure of 82 Publicly-Listed Oil and Gas Companies 6.73x
United States of America Market PE Ratio Median Figure of 2,945 Publicly-Listed Companies 12.96x

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

** Primary Listing of Brooge Holdings.

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

  • Unable to compare the PE ratio to the industry average as no data exists.
  • Unable to calculate PE ratio for Brooge Holdings, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Brooge Holdings's expected growth come at a high price?
Raw Data
NasdaqCM:BROG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 0x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Oil and Gas Industry PEG Ratio Median Figure of 66 Publicly-Listed Oil and Gas Companies 0.01x
United States of America Market PEG Ratio Median Figure of 2,007 Publicly-Listed Companies 0.99x

*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 Brooge Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Brooge Holdings's assets?
Raw Data
NasdaqCM:BROG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in USD Not available
NasdaqCM:BROG Share Price * NasdaqCM (2020-03-27) in USD $11.7
United States of America Oil and Gas Industry PB Ratio Median Figure of 191 Publicly-Listed Oil and Gas Companies 0.47x
United States of America Market PB Ratio Median Figure of 5,156 Publicly-Listed Companies 1.26x

* Primary Listing of Brooge Holdings.

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

  • Unable to compare the PB ratio to the industry average as no data exists.
X
Value checks
We assess Brooge Holdings'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. Brooge Holdings has a total score of 0/6, 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 Brooge Holdings 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 Brooge Holdings 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
20.3%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Brooge Holdings expected to grow at an attractive rate?
  • Unable to compare Brooge Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Brooge Holdings's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Brooge Holdings's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:BROG Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 20.3%
United States of America Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average -0.3%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 12.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*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
NasdaqCM:BROG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (8 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.
NasdaqCM:BROG Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-06-30 44 38 23
2019-03-31 40 33 20
2018-12-31 36 28 16
2017-12-31 0 -2 -4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Brooge Holdings is high growth as no earnings estimate data is available.
  • Unable to determine if Brooge Holdings 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
NasdaqCM:BROG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (8 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Brooge Holdings Company Filings, last reported 8 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:BROG Past Financials Data
Date (Data in USD Millions) EPS *
2019-06-30
2019-03-31
2018-12-31
2017-12-31

*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 Brooge Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Brooge Holdings'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 Energy companies here
  2. Brooge Holdings's competitive advantages and company strategy can generally be found in its financial reports archived 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 Brooge Holdings'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 States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America 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.
Brooge Holdings 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 Brooge Holdings performed over the past 5 years?

  • Brooge Holdings's last earnings update was 184 days ago.
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 Brooge Holdings'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.
  • Insufficient data to establish if Brooge Holdings's year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Brooge Holdings's 1-year earnings growth to the 5-year average due to insufficient past data.
  • Brooge Holdings's earnings growth has exceeded the US Oil and Gas industry average in the past year (284.4% vs -11.4%).
Earnings and Revenue History
Brooge Holdings'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 Brooge Holdings Company Filings, last reported 8 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:BROG Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 44.09 23.35 2.20
2019-03-31 39.96 19.71 2.10
2018-12-31 35.84 16.06 2.01
2017-12-31 0.09 -3.75 0.55

*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.
  • Brooge Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Brooge Holdings used its assets more efficiently than the US Oil and Gas industry average last year based on Return on Assets.
  • Unable to establish if Brooge Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Brooge Holdings'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.
Brooge Holdings has a total score of 3/6, 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 Brooge Holdings'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 Brooge Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Brooge Holdings's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Brooge Holdings's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Brooge Holdings'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 0.1x 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 Brooge Holdings Company Filings, last reported 8 months ago.

NasdaqCM:BROG Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 105.58 92.56 6.73
2019-03-31 105.58 92.56 6.73
2018-12-31 60.98 99.73 0.04
2017-12-31 67.62 94.16 0.28
  • Brooge Holdings's level of debt (87.7%) compared to net worth is high (greater than 40%).
  • Unable to establish if Brooge Holdings's debt level has increased without past 5-year debt data.
  • Debt is well covered by operating cash flow (41.5%, greater than 20% of total debt).
  • Brooge Holdings is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Brooge Holdings'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. Brooge Holdings 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 Brooge Holdings'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 Brooge Holdings dividends.
If you bought $2,000 of Brooge Holdings 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 Brooge Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Brooge Holdings'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
NasdaqCM:BROG 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
United States of America Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 66 Stocks 8.6%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1946 Stocks 3%
United States of America Minimum Threshold Dividend Yield 10th Percentile 1.1%
United States of America Bottom 25% Dividend Yield 25th Percentile 2%
United States of America Top 25% Dividend Yield 75th Percentile 5.5%

Industry and Market average data is calculated daily.

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

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

  • Unable to perform a dividend volatility check as Brooge Holdings has not reported any payouts.
  • Unable to verify if Brooge Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Brooge Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Brooge Holdings 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 Brooge Holdings'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 Brooge Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Brooge Holdings 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.

Management

 What is the CEO of Brooge Holdings'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
Nicolaas Paardenkooper
AGE 56
TENURE AS CEO 0.3 years
CEO Bio

Mr. Nicolaas L. Paardenkooper is the Chief Executive Officer of BPGIC. Mr. Paardenkooper has been Chief Executive Officer and Director at Brooge Holdings Ltd since December 2019. Mr. Paardenkooper is also the Chief Executive Officer of the Seller, BPGIC Holdings Limited. Mr. Paardenkooper joined BPGIC in May 2017. Mr. Paardenkooper has extensive experience in the oil and gas mid and downstream sector. Prior to joining the Company he was Terminal Manager at Oiltanking Odfjell Terminal, Oman beginning in October 2014. Prior to that, Mr. Paardenkooper worked in various positions at Emirates National Oil Company from 2010 to 2014 (including as Manager Terminal UAE and Operations Manager) and worked for 21 years at Royal Vopak N.V. (“Vopak” is a leading independent tank storage company headquartered in Rotterdam, the Netherlands, and listed on the Euronext Amsterdam stock exchange) in various roles. During his time at Vopak, Mr. Paardenkooper was part of the team that developed, implemented and supported a global terminal operations system. Mr. Paardenkooper has a nautical and maritime educational background. His nautical education began at the Hogere Zeevaartschool in Rotterdam and was continued at Koninklijke Onderwijs Fonds in the Netherlands. After completing his nautical education, he started his career working on board of several types of vessels, mainly tankers, and held various positions, including officer roles before joining a predecessor of Vopak, Van Ommeren Tank Terminals in 1989. In connection with his role at Van Ommeren Tank Terminals, Mr. Paardenkooper completed a 3-year terminal education program to become a fully-qualified terminal operating engineer. That program included all aspects of a terminal such as operations, maintenance, health, safety, environment, fire-fighting, first aid, and ship & shore interface activities. Thereafter, Mr. Paardenkooper underwent training for industrial fire-fighters and a program for certification as a Process Operator (Vapro B). Mr. Paardenkooper has also completed a situational leadership program, a three-part change management program, a technical project management course related to, amongst other things, terminal expansion and refurbishment projects, a budget and finance training, a jet fuel operations program, and several training programs in customer handling. Mr. Paardenkooper’s extensive education and training prepared him to become a fully-qualified general manager or terminal manager of a terminal.

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

Average tenure and age of the Brooge Holdings management team in years:

0.3
Average Tenure
40
Average Age
  • The average tenure for the Brooge Holdings management team is less than 2 years, this suggests a new team.
Management Team

Nicolaas Paardenkooper

TITLE
CEO & Director
AGE
56
TENURE
0.3 yrs

Saleh Yammout

TITLE
CFO & Director
AGE
31
TENURE
0.3 yrs

Faisal Selim

TITLE
Chief Marketing Officer
AGE
45
TENURE
0.3 yrs

Lina Saheb

TITLE
Chief Strategy Officer
AGE
35
TENURE
0.3 yrs
Board of Directors Tenure

Average tenure and age of the Brooge Holdings board of directors in years:

0.3
Average Tenure
54.5
Average Age
  • The average tenure for the Brooge Holdings board of directors is less than 3 years, this suggests a new board.
Board of Directors

Yousef Alassaf

TITLE
Independent Chairman
AGE
59
TENURE
0.3 yrs

Nicolaas Paardenkooper

TITLE
CEO & Director
AGE
56
TENURE
0.3 yrs

Saleh Yammout

TITLE
CFO & Director
AGE
31
TENURE
0.3 yrs

Meclomen Maramot

TITLE
Director

Abu Chowdhury

TITLE
Independent Director
AGE
53
TENURE
0.3 yrs

Sa’eb El-Zein

TITLE
Independent Director
AGE
61
TENURE
0.3 yrs

Simon Madgwick

TITLE
Independent Director
AGE
52
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 Brooge Holdings'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. Brooge Holdings 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

Brooge Holdings Limited provides oil storage and services in the Port of Fujairah. The company was incorporated in 2019 and is headquartered in Fujairah, the United Arab Emirates.

Details
Name: Brooge Holdings Limited
BROG
Exchange: NasdaqCM
Founded: 2019
$1,282,176,721
109,587,754
Website: http://www.broogeholdings.com
Address: Brooge Holdings Limited
Al Sayegh Centre Hamdan Street,
PO Box 50170,
Fujairah,
United Arab Emirates
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM BROG Ordinary Shares Nasdaq Capital Market US USD 23. Dec 2019
Number of employees
Current staff
Staff numbers
0
Brooge Holdings employees.
Industry
Oil and Gas Storage and Transportation
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/29 03:52
End of day share price update: 2020/03/27 00:00
Last earnings filing: 2019/09/27
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


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.