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AFRICA OIL CORP (AOI.CA) Stock Fundamental Analysis

TSX:AOI - Toronto Stock Exchange - CA00829Q1019 - Common Stock - Currency: CAD

1.9  0 (0%)

Fundamental Rating

3

Taking everything into account, AOI scores 3 out of 10 in our fundamental rating. AOI was compared to 220 industry peers in the Oil, Gas & Consumable Fuels industry. AOI has a great financial health rating, but its profitability evaluates not so good. AOI has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

0

1. Profitability

1.1 Basic Checks

In the past year AOI has reported negative net income.
In the past year AOI has reported a negative cash flow from operations.
In multiple years AOI reported negative net income over the last 5 years.
In the past 5 years AOI always reported negative operating cash flow.
AOI.CA Yearly Net Income VS EBIT VS OCF VS FCFAOI.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 100M -100M -200M

1.2 Ratios

Looking at the Return On Assets, with a value of -60.72%, AOI is doing worse than 85.85% of the companies in the same industry.
AOI's Return On Equity of -68.18% is on the low side compared to the rest of the industry. AOI is outperformed by 77.56% of its industry peers.
Industry RankSector Rank
ROA -60.72%
ROE -68.18%
ROIC N/A
ROA(3y)7.23%
ROA(5y)0.09%
ROE(3y)7.53%
ROE(5y)-0.04%
ROIC(3y)N/A
ROIC(5y)N/A
AOI.CA Yearly ROA, ROE, ROICAOI.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 10 -10 20 -20

1.3 Margins

AOI does not have Profit Margin and Operating Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
AOI.CA Yearly Profit, Operating, Gross MarginsAOI.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023

7

2. Health

2.1 Basic Checks

AOI has more shares outstanding than it did 1 year ago.
The number of shares outstanding for AOI has been reduced compared to 5 years ago.
AOI has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
AOI.CA Yearly Shares OutstandingAOI.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 100M 200M 300M 400M
AOI.CA Yearly Total Debt VS Total AssetsAOI.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 200M 400M 600M 800M 1B

2.2 Solvency

AOI has an Altman-Z score of 3.65. This indicates that AOI is financially healthy and has little risk of bankruptcy at the moment.
AOI has a Altman-Z score of 3.65. This is amongst the best in the industry. AOI outperforms 81.95% of its industry peers.
A Debt/Equity ratio of 0.01 indicates that AOI is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.01, AOI is in the better half of the industry, outperforming 76.59% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.01
Debt/FCF N/A
Altman-Z 3.65
ROIC/WACCN/A
WACCN/A
AOI.CA Yearly LT Debt VS Equity VS FCFAOI.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 200M -200M 400M 600M 800M

2.3 Liquidity

A Current Ratio of 8.99 indicates that AOI has no problem at all paying its short term obligations.
The Current ratio of AOI (8.99) is better than 94.63% of its industry peers.
AOI has a Quick Ratio of 8.99. This indicates that AOI is financially healthy and has no problem in meeting its short term obligations.
AOI has a Quick ratio of 8.99. This is amongst the best in the industry. AOI outperforms 95.12% of its industry peers.
Industry RankSector Rank
Current Ratio 8.99
Quick Ratio 8.99
AOI.CA Yearly Current Assets VS Current LiabilitesAOI.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 100M 200M 300M 400M

0

3. Growth

3.1 Past

AOI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -8244.00%.
EPS 1Y (TTM)-8244%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-40%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-64.33%

3.2 Future

Based on estimates for the next years, AOI will show a very negative growth in Earnings Per Share. The EPS will decrease by -20.14% on average per year.
Based on estimates for the next years, AOI will show a very negative growth in Revenue. The Revenue will decrease by -14.51% on average per year.
EPS Next Y-60.62%
EPS Next 2Y-29.11%
EPS Next 3Y-28.72%
EPS Next 5Y-20.14%
Revenue Next Year-16.67%
Revenue Next 2Y29.14%
Revenue Next 3Y27.52%
Revenue Next 5Y-14.51%

3.3 Evolution

AOI.CA Yearly Revenue VS EstimatesAOI.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M
AOI.CA Yearly EPS VS EstimatesAOI.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 0.2 -0.2 0.4

2

4. Valuation

4.1 Price/Earnings Ratio

AOI reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
A Price/Forward Earnings ratio of 5.91 indicates a rather cheap valuation of AOI.
Based on the Price/Forward Earnings ratio, AOI is valued cheaper than 82.93% of the companies in the same industry.
AOI is valuated cheaply when we compare the Price/Forward Earnings ratio to 96.48, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE N/A
Fwd PE 5.91
AOI.CA Price Earnings VS Forward Price EarningsAOI.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 40 60 80

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
AOI.CA Per share dataAOI.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.5 1 1.5

4.3 Compensation for Growth

A cheap valuation may be justified as AOI's earnings are expected to decrease with -28.72% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-29.11%
EPS Next 3Y-28.72%

3

5. Dividend

5.1 Amount

AOI has a Yearly Dividend Yield of 3.69%.
AOI's Dividend Yield is a higher than the industry average which is at 6.44.
Compared to an average S&P500 Dividend Yield of 2.31, AOI pays a better dividend.
Industry RankSector Rank
Dividend Yield 3.69%

5.2 History

AOI has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years2
AOI.CA Yearly Dividends per shareAOI.CA Yearly Dividends per shareYearly Dividends per share 2022 2023 2024 0.01 0.02 0.03 0.04 0.05

5.3 Sustainability

AOI has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-6.04%
EPS Next 2Y-29.11%
EPS Next 3Y-28.72%
AOI.CA Yearly Income VS Free CF VS DividendAOI.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 100M -100M -200M

AFRICA OIL CORP

TSX:AOI (2/13/2025, 7:00:00 PM)

1.9

0 (0%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-13 2024-11-13/amc
Earnings (Next)02-26 2025-02-26/amc
Inst Owners15.31%
Inst Owner ChangeN/A
Ins Owners1.53%
Ins Owner ChangeN/A
Market Cap839.71M
Analysts86
Price Target3.36 (76.84%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.69%
Yearly Dividend0.05
Dividend Growth(5Y)N/A
DP-6.04%
Div Incr Years0
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-40.59%
Min EPS beat(2)-100%
Max EPS beat(2)18.81%
EPS beat(4)1
Avg EPS beat(4)-159.86%
Min EPS beat(4)-476.24%
Max EPS beat(4)18.81%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-58%
Min Revenue beat(2)-81.88%
Max Revenue beat(2)-34.11%
Revenue beat(4)2
Avg Revenue beat(4)195.26%
Min Revenue beat(4)-81.88%
Max Revenue beat(4)647.31%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)-6.2%
EPS NQ rev (1m)-54.17%
EPS NQ rev (3m)-31.25%
EPS NY rev (1m)13.15%
EPS NY rev (3m)-0.66%
Revenue NQ rev (1m)-82.81%
Revenue NQ rev (3m)-78%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-13.51%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 5.91
P/S N/A
P/FCF N/A
P/OCF N/A
P/B 1.07
P/tB 1.07
EV/EBITDA N/A
EPS(TTM)-0.17
EYN/A
EPS(NY)0.32
Fwd EY16.91%
FCF(TTM)-0.12
FCFYN/A
OCF(TTM)-0.1
OCFYN/A
SpS0
BVpS1.78
TBVpS1.78
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -60.72%
ROE -68.18%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM N/A
ROA(3y)7.23%
ROA(5y)0.09%
ROE(3y)7.53%
ROE(5y)-0.04%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0
Health
Industry RankSector Rank
Debt/Equity 0.01
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 8.99
Quick Ratio 8.99
Altman-Z 3.65
F-Score4
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-8244%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-40%
EPS Next Y-60.62%
EPS Next 2Y-29.11%
EPS Next 3Y-28.72%
EPS Next 5Y-20.14%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-64.33%
Revenue Next Year-16.67%
Revenue Next 2Y29.14%
Revenue Next 3Y27.52%
Revenue Next 5Y-14.51%
EBIT growth 1Y5.58%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-10.44%
EBIT Next 3Y11.15%
EBIT Next 5Y-6.62%
FCF growth 1Y-89.72%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-88.42%
OCF growth 3YN/A
OCF growth 5YN/A