Afren (AFR)
market vs.
industry GROWTH & VALUE
| 12m Forecast Rolling | ||||
| PE Ratio (f) | 9.04 |
|
|
|
| PEG Ratio (f) |
|
|
||
| EPS Growth (f) | % |
|
|
|
| Dividend Yield (f) | % |
|
|
|
| Valuation (ttm) | ||||
| Price to Book Value | 1.52 |
|
|
|
| Price to Tang. Book |
|
|
||
| Price to Free Cashflow |
|
|
||
| Price to Sales |
|
|
||
| EV to EBITDA |
|
|
||
market vs.
industry QUALITY
| Year End 31st Dec | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | TTM | 2013E | 2014E | CAGR / Avg | |
| Revenue | $m | ||||||||||
| Operating Profit | $m | ||||||||||
| Net Profit | $m | ||||||||||
| EPS Reported | $ | ||||||||||
| EPS Normalised | $ | ||||||||||
| EPS Growth | % | ||||||||||
| PE Ratio | x | ||||||||||
| PEG | x | ||||||||||
| Profitability | |||||||||||
| Operating Margin | % | ||||||||||
| ROA | % | ||||||||||
| ROCE | % | ||||||||||
| ROE | % | ||||||||||
| Cashflow | |||||||||||
| Op. Cashflow ps | $ | ||||||||||
| Capex ps | $ | ||||||||||
| Free Cashflow ps | $ | ||||||||||
| Dividends | |||||||||||
| Dividend ps | $ | ||||||||||
| Dividend Growth | % | ||||||||||
| Dividend Yield | % | ||||||||||
| Dividend Cover | x | ||||||||||
| Balance Sheet | |||||||||||
| Cash etc | $m | ||||||||||
| Working Capital | $m | ||||||||||
| Net Fixed Assets | $m | ||||||||||
| Net Debt | $m | ||||||||||
| Book Value | $m | ||||||||||
| Average Shares | m | ||||||||||
| Book Value ps | $ | +26.7% | |||||||||
FINANCIAL BRIEF: For the three months ended 31 March 2013, Afren Plc revenues decreased 4% to $372.9M. Net income decreased 28% to $38.5M. Revenues reflect Oil Equivalent Production/day - CI-11 decrease of 3% to 3K barrels per day. Net income also reflects Unallocated segment loss increase of 88% to $11.3M, Kurdistan region of Iraq segment loss totaling $2.3M vs. income of $0K. Basic Earnings per Share excluding Extraordinary Items decreased from $0.05 to $0.04. more »
| Leverage (ttm) | Total | Ex Intang | |||
| Gross Gearing | % | ||||
| Net Gearing | % | ||||
| Cash / Assets | % | ||||
| Liquidity (ttm) | ||
| Current Ratio | ||
| Quick Ratio | ||
| Interest Cover | ||
| Efficiency (ttm) | ||
| Asset Turnover | ||
| Rec's Turnover | ||
| Stock Turnover | ||
market vs.
industry RECENT HISTORY
| Latest interim period (ended 31st Mar '13) vs. prior year | ||||
| Sales Growth | % |
|
|
|
| EPS Growth | % |
|
|
|
| 3yr Average Annualised | ||||
| Sales Growth | % |
|
|
|
| EPS Growth | % |
|
|
|
| DPS Growth | % |
|
|
|
BROKER CONSENSUS & FORECAST TREND
| Recommendation: | Strong Sell | Sell | Hold | Buy | Strong Buy |
|---|---|---|---|---|---|
| No. of Analysts: | 0 | 0 | 5 | 7 | 12 |
Afren plc (Afren) is engaged in oil and gas exploration, development and production in Africa and the Kurdistan region of Iraq. It operates in five geographical markets: Nigeria, Cote d’Ivoire, Other West Africa, Eastern Africa and Middle East and North Africa. It has a portfolio of 29 assets in 12 countries. During the year ended December 31, 2011, Afren and its partner Amni International Petroleum Development Company Limited (Amni) completed two infill wells, Okoro-11 and Okoro-12. As of December 31, 2011, it had operated one appraisal well and drilled nine production wells in partnership with Amni. During 2011, it had produced 19,154 barrels of oil equivalent per day. In May 2013, Afren Plc raised its interest to 54.8% from 44.4 % by acquiring a 10.4% stake in First Hydrocarbon Nigeria Co Ltd.
Directors: Osman Shahenshah (CEO) 49, Darra Comyn (Fin. Dir.) , Shahid Ullah (COO) ,
No. of Employees: 460 No. of Shareholders: n/a
| Last Annual | December 31st, 2012 |
| Last Interim | March 31st, 2013 |
| Shares in Issue | 1,089,441,697 |
| Free Float | 1.05bn (96.0%) |
| Sector | Energy |
| Industry | Oil & Gas |
| Index | FTSE 350 Act , FTSE Lower Yield , FTSE 250 Mid , FT350 Oil&gas Pd , |
| Exchange |
London Stock Exchange (Full) |
| Eligible for | an ISA? a SIPP? |
| Address | , LONDON, SW1Y 5AU, United Kingdom |
| Web | http://www.afren.com/ |
| Phone | +44 20 74519700 |
| Contact | Galib Virani (Investor Relations) |
| Registrar | Computershare Investor Services PLC (Bristol) |
| Auditors | Deloitte LLP |
| 11th Jun | Result of Annual General Meeting |
| 11th Jun | Annual General Meeting - Chairmans statement |
| 7th Jun | NOTIFICATION OF MAJOR INTEREST IN SHARES |
| 3rd Jun | Total Voting Rights |
| 29th May | Completion of acquisition |
| 20th May | Result of General Meeting |
Recent ↓
