Financials VAALCO Energy, Inc.

Equities

EGY

US91851C2017

Oil & Gas Exploration and Production

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
6.39 USD -0.62% Intraday chart for VAALCO Energy, Inc. -5.61% +42.32%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 128.5 101.7 190.6 494.8 468.4 666.7 - -
Enterprise Value (EV) 1 82.55 53.84 141.9 457.6 468.4 530.9 562.8 503.7
P/E ratio - - 2.34 x 6.25 x 8.02 x 13.3 x 6.91 x 5.81 x
Yield - - - 2.85% - 4.21% 4.31% 4.19%
Capitalization / Revenue 1.52 x 1.51 x 0.96 x 1.4 x 1.03 x 1.65 x 1.76 x 1.26 x
EV / Revenue 0.98 x 0.8 x 0.71 x 1.29 x 1.03 x 1.31 x 1.49 x 0.95 x
EV / EBITDA - 3.3 x 1.65 x 2.45 x 1.67 x 2.39 x 2.57 x 1.81 x
EV / FCF - 17.2 x 7.59 x -14.7 x - 7.14 x 16 x 18.4 x
FCF Yield - 5.8% 13.2% -6.79% - 14% 6.24% 5.44%
Price to Book - - - - - - - -
Nbr of stocks (in thousands) 57,867 57,456 59,364 108,515 104,329 104,340 - -
Reference price 2 2.220 1.770 3.210 4.560 4.490 6.390 6.390 6.390
Announcement Date 3/10/20 3/9/21 3/9/22 3/31/23 3/13/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 84.52 67.18 199.1 354.3 455.1 404.7 378.4 530
EBITDA 1 - 16.33 85.8 186.6 280.4 221.9 219.4 278.5
EBIT 1 21.19 -20.69 80.68 174.6 155.7 72.17 - -
Operating Margin 25.07% -30.79% 40.53% 49.28% 34.22% 17.83% - -
Earnings before Tax (EBT) 1 - - - 123.4 150.1 78.52 119 184
Net income 1 2.563 -48.18 81.84 51.89 60.35 41.74 92 118
Net margin 3.03% -71.72% 41.11% 14.64% 13.26% 10.31% 24.32% 22.26%
EPS 2 - - 1.370 0.7300 0.5600 0.4800 0.9250 1.100
Free Cash Flow 1 - 3.122 18.7 -31.05 - 74.33 35.1 27.4
FCF margin - 4.65% 9.4% -8.76% - 18.37% 9.28% 5.17%
FCF Conversion (EBITDA) - 19.12% 21.8% - - 33.49% 16% 9.84%
FCF Conversion (Net income) - - 22.86% - - 178.08% 38.15% 23.22%
Dividend per Share 2 - - - 0.1300 - 0.2690 0.2753 0.2675
Announcement Date 3/10/20 3/9/21 3/9/22 3/31/23 3/13/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 55.9 56.38 68.66 111 78.1 96.59 80.4 109.2 116.3 149.2 91.23 104.7 106.5 106.9
EBITDA 1 23.3 22.58 44.8 81.91 42.4 49.81 47.84 65.3 71.36 95.88 43.42 57.29 58.01 57.29
EBIT 1 20.83 26.15 40.13 73.72 34.98 25.23 18.26 20.61 36.74 74.3 8.93 21.84 21.57 19.83
Operating Margin 37.26% 46.38% 58.45% 66.42% 44.79% 26.12% 22.71% 18.86% 31.6% 49.82% 9.79% 20.86% 20.26% 18.56%
Earnings before Tax (EBT) 1 - 23.5 7.548 - 29.74 24.72 18.25 18.34 31.98 81.56 5.33 18.24 17.97 16.23
Net income 1 31.72 34.36 12.16 15.1 6.868 17.75 3.345 6.752 6.141 43.99 1.999 6.838 6.74 6.087
Net margin 56.75% 60.95% 17.72% 13.61% 8.79% 18.38% 4.16% 6.18% 5.28% 29.49% 2.19% 6.53% 6.33% 5.7%
EPS 2 0.5300 0.5800 0.2000 0.2500 0.1100 0.1700 0.0300 0.0600 0.0600 0.4100 0.0200 0.0600 0.0600 0.0600
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 11/3/21 3/9/22 5/3/22 8/10/22 11/8/22 3/31/23 5/10/23 8/9/23 11/7/23 3/13/24 - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 45.9 47.9 48.7 37.2 - 136 104 163
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 - 3.12 18.7 -31.1 - 74.3 35.1 27.4
ROE (net income / shareholders' equity) - - - - - - - -
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share - - - - - - - -
Cash Flow per Share 2 - 0.4800 0.8500 1.840 2.100 1.950 2.080 1.420
Capex 1 10.3 24.3 39.1 160 - 106 186 250
Capex / Sales 12.24% 36.22% 19.62% 45.13% - 26.13% 49.03% 47.09%
Announcement Date 3/10/20 3/9/21 3/9/22 3/31/23 3/13/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
6.39 USD
Average target price
8.75 USD
Spread / Average Target
+36.93%
Consensus
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  4. Financials VAALCO Energy, Inc.