Business Description
Beach Energy Ltd
ISIN : AU000000BPT9
Description
Beach produces oil, gas, and gas liquids from numerous joint ventures in the onshore Cooper and Eromanga basins. Beach merged with Cooper Basin joint-venture partner Drillsearch Energy Limited in March 2016, which increased equity production to about 10 million barrels of oil equivalent. This more than doubled to over 20 million barrels of oil equivalent following the successful purchase of Lattice from Origin Energy in 2018. The average field life is 10 years based on forecast production and 255 mmboe of proven and probable reserves. We credit life of around 15 years, assuming substantial conversion of 2C contingent resources into reserve category with drilling. Shale gas resources are blue-sky.
Financial Strength
5/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Cash-To-Debt | 0.31 | |||||
| Equity-to-Asset | 0.6 | |||||
| Debt-to-Equity | 0.21 | |||||
| Debt-to-EBITDA | -4.91 | |||||
| Interest Coverage | 9.73 | |||||
| Piotroski F-Score | 5/9 | |||||
| Altman Z-Score | 2.03 | |||||
| Beneish M-Score | -2.91 | |||||
| WACC vs ROIC | ||||||
Growth Rank
6/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 3-Year Revenue Growth Rate | -0.6 | |||||
| 3-Year EBITDA Growth Rate | -6 | |||||
| 3-Year EPS without NRI Growth Rate | -7 | |||||
| 3-Year FCF Growth Rate | -74.4 | |||||
| 3-Year Book Growth Rate | 11.2 | |||||
| Future 3-5Y EPS without NRI Growth Rate | 15.05 | |||||
| Future 3-5Y Total Revenue Growth Rate | 4.5 |
Momentum Rank
3/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 5-Day RSI | 26.23 | |||||
| 9-Day RSI | 32.56 | |||||
| 14-Day RSI | 37.45 | |||||
| 6-1 Month Momentum % | 15.91 | |||||
| 12-1 Month Momentum % | 20.61 |
Liquidity Ratio
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Current Ratio | 1.16 | |||||
| Quick Ratio | 0.94 | |||||
| Cash Ratio | 0.28 | |||||
| Days Inventory | 46.71 | |||||
| Days Sales Outstanding | 67.16 | |||||
| Days Payable | 114.95 |
Dividend & Buy Back
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Dividend Yield % | 2.52 | |||||
| Dividend Payout Ratio | 0.26 | |||||
| 3-Year Dividend Growth Rate | 14.5 | |||||
| Forward Dividend Yield % | 2.52 | |||||
| 5-Year Yield-on-Cost % | 3.35 | |||||
| Shareholder Yield % | -8.38 |
Profitability Rank
8/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Gross Margin % | 30.96 | |||||
| Operating Margin % | 28.47 | |||||
| Net Margin % | -8.69 | |||||
| FCF Margin % | -21.32 | |||||
| ROE % | -4.1 | |||||
| ROA % | -2.66 | |||||
| ROIC % | 6.63 | |||||
| ROC (Joel Greenblatt) % | -3.47 | |||||
| ROCE % | -3.29 | |||||
| Years of Profitability over Past 10-Year | 8 |
GF Value Rank
5/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Forward PE Ratio | 7.23 | |||||
| PE Ratio without NRI | 10.26 | |||||
| Shiller PE Ratio | 26.39 | |||||
| PEG Ratio | 4.46 | |||||
| PS Ratio | 2.08 | |||||
| PB Ratio | 1.04 | |||||
| Price-to-Tangible-Book | 1.06 | |||||
| Price-to-Operating-Cash-Flow | 4.14 | |||||
| EV-to-EBIT | -24.48 | |||||
| EV-to-Forward-EBIT | 6.42 | |||||
| EV-to-EBITDA | -28.08 | |||||
| EV-to-Forward-EBITDA | 3.57 | |||||
| EV-to-Revenue | 2.36 | |||||
| EV-to-Forward-Revenue | 2.09 | |||||
| EV-to-FCF | -11.09 | |||||
| Price-to-Graham-Number | 0.7 | |||||
| Earnings Yield (Greenblatt) % | -4.08 | |||||
| FCF Yield % | -10.25 | |||||
| Forward Rate of Return (Yacktman) % | 7.05 |
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