Africa Oil Corp Stock Current Valuation
| AOI Stock | CAD 1.97 0.01 0.51% |
Valuation analysis of Africa Oil Corp helps investors to measure Africa Oil's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. As of the 29th of November 2024, Enterprise Value is likely to grow to about 710.2 M, while Enterprise Value Over EBITDA is likely to drop (22.26). Fundamental drivers impacting Africa Oil's valuation include:
Price Book 1.1261 | Enterprise Value 680.8 M | Enterprise Value Ebitda 7.8299 | Price Sales 6.1596 | Forward PE 4.3535 |
Overvalued
Today
Please note that Africa Oil's price fluctuation is very risky at this time. Calculation of the real value of Africa Oil Corp is based on 3 months time horizon. Increasing Africa Oil's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Africa Oil is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Africa Stock. However, Africa Oil's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 1.97 | Real 1.62 | Hype 1.96 |
The intrinsic value of Africa Oil's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Africa Oil's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Africa Oil Corp helps investors to forecast how Africa stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Africa Oil more accurately as focusing exclusively on Africa Oil's fundamentals will not take into account other important factors: Africa Oil Corp Company Current Valuation Analysis
Africa Oil's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Africa Oil Current Valuation | 680.78 M |
Most of Africa Oil's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Africa Oil Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Africa Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Africa Oil is extremely important. It helps to project a fair market value of Africa Stock properly, considering its historical fundamentals such as Current Valuation. Since Africa Oil's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Africa Oil's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Africa Oil's interrelated accounts and indicators.
Click cells to compare fundamentals
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Africa Oil Corp has a Current Valuation of 680.78 M. This is 98.25% lower than that of the Oil, Gas & Consumable Fuels sector and 92.6% lower than that of the Energy industry. The current valuation for all Canada stocks is 95.9% higher than that of the company.
Africa Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Africa Oil's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Africa Oil could also be used in its relative valuation, which is a method of valuing Africa Oil by comparing valuation metrics of similar companies.Africa Oil is currently under evaluation in current valuation category among its peers.
Africa Oil Current Valuation Drivers
We derive many important indicators used in calculating different scores of Africa Oil from analyzing Africa Oil's financial statements. These drivers represent accounts that assess Africa Oil's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Africa Oil's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 424.1M | 418.4M | 669.8M | 871.4M | 908.4M | 953.8M | |
| Enterprise Value | 97.9M | 521.3M | 611.3M | 672.1M | 676.4M | 710.2M |
Africa Fundamentals
| Return On Equity | -0.0422 | |||
| Return On Asset | -0.0186 | |||
| Operating Margin | (1.07) % | |||
| Current Valuation | 680.78 M | |||
| Shares Outstanding | 442.24 M | |||
| Shares Owned By Insiders | 15.57 % | |||
| Shares Owned By Institutions | 15.34 % | |||
| Number Of Shares Shorted | 1.04 M | |||
| Price To Earning | (38.75) X | |||
| Price To Book | 1.13 X | |||
| Price To Sales | 6.16 X | |||
| Gross Profit | 138.4 M | |||
| EBITDA | (31.9 M) | |||
| Net Income | 87.1 M | |||
| Cash And Equivalents | 199.3 M | |||
| Cash Per Share | 0.08 X | |||
| Total Debt | 71.6 M | |||
| Debt To Equity | 0.30 % | |||
| Current Ratio | 1.93 X | |||
| Book Value Per Share | 1.93 X | |||
| Cash Flow From Operations | (53.3 M) | |||
| Short Ratio | 2.61 X | |||
| Earnings Per Share | (1.15) X | |||
| Price To Earnings To Growth | 1.46 X | |||
| Target Price | 2.19 | |||
| Number Of Employees | 23 | |||
| Beta | 1.27 | |||
| Market Capitalization | 866.78 M | |||
| Total Asset | 966.2 M | |||
| Retained Earnings | (432.3 M) | |||
| Working Capital | 214.7 M | |||
| Current Asset | 105.83 M | |||
| Current Liabilities | 56.31 M | |||
| Annual Yield | 0.04 % | |||
| Net Asset | 966.2 M |
About Africa Oil Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Africa Oil Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Africa Oil using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Africa Oil Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Africa Oil
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Africa Oil position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Africa Oil will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Africa Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Africa Oil when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Africa Oil - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Africa Oil Corp to buy it.
The correlation of Africa Oil is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Africa Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Africa Oil Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Africa Oil can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Africa Stock
Africa Oil financial ratios help investors to determine whether Africa Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Africa with respect to the benefits of owning Africa Oil security.