Financials Basic Energy Corporation

Equities

BSC

PHY0718K1017

Oil & Gas Exploration and Production

End-of-day quote Philippines S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
0.154 PHP -3.75% Intraday chart for Basic Energy Corporation -6.10% -12.99%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 671.4 685.4 1,315 9,230 4,102 2,593
Enterprise Value (EV) 1 679.3 578.5 1,241 11,768 10,621 11,874
P/E ratio -26.2 x -3.48 x -20.4 x 110 x 42.1 x 60.7 x
Yield - - - - - -
Capitalization / Revenue 133 x 66.5 x 547 x 2.46 x 0.05 x 0.04 x
EV / Revenue 135 x 56.2 x 516 x 3.14 x 0.14 x 0.19 x
EV / EBITDA -14.9 x -10.1 x -30.7 x 869 x 9.15 x 16.4 x
EV / FCF 168 x 5.38 x -52.8 x -2.55 x -4.57 x -3.92 x
FCF Yield 0.6% 18.6% -1.89% -39.3% -21.9% -25.5%
Price to Book 0.94 x 1.21 x 2.82 x 2.49 x 1.07 x 0.65 x
Nbr of stocks (in thousands) 2,797,393 2,797,393 2,797,393 14,650,643 14,650,643 14,650,643
Reference price 2 0.2400 0.2450 0.4700 0.6300 0.2800 0.1770
Announcement Date 4/16/19 6/30/20 5/18/21 5/31/22 4/18/23 4/16/24
1PHP in Million2PHP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 5.04 10.3 2.404 3,746 74,636 64,074
EBITDA 1 -45.57 -57.24 -40.37 13.54 1,161 724.6
EBIT 1 -53.74 -176.6 -41.08 -30.63 715.5 325.9
Operating Margin -1,066.28% -1,714.43% -1,708.84% -0.82% 0.96% 0.51%
Earnings before Tax (EBT) 1 -22.06 -199.2 -66.36 117 646.3 113.3
Net income 1 -25.12 -198.1 -63.2 81.38 94.63 42.69
Net margin -498.46% -1,923.35% -2,629.24% 2.17% 0.13% 0.07%
EPS 2 -0.009168 -0.0704 -0.0230 0.005730 0.006655 0.002914
Free Cash Flow 1 4.042 107.4 -23.5 -4,619 -2,323 -3,026
FCF margin 80.2% 1,043.21% -977.51% -123.32% -3.11% -4.72%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 4/16/19 6/30/20 5/18/21 5/31/22 4/18/23 4/16/24
1PHP in Million2PHP
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 7.91 - - 2,538 6,519 9,281
Net Cash position 1 - 107 73.9 - - -
Leverage (Debt/EBITDA) -0.1735 x - - 187.5 x 5.614 x 12.81 x
Free Cash Flow 1 4.04 107 -23.5 -4,619 -2,323 -3,026
ROE (net income / shareholders' equity) -3.74% -31.4% -12.5% 3.07% 8.36% 1.34%
ROA (Net income/ Total Assets) -4.36% -15.9% -4.74% -0.19% 1.86% 0.7%
Assets 1 576.2 1,243 1,334 -42,190 5,096 6,141
Book Value Per Share 2 0.2600 0.2000 0.1700 0.2500 0.2600 0.2700
Cash Flow per Share 2 0.0200 0.0400 0.0300 0.1200 0.0800 0.1300
Capex 1 0.18 0.02 0.42 0.21 181 86.8
Capex / Sales 3.55% 0.17% 17.56% 0.01% 0.24% 0.14%
Announcement Date 4/16/19 6/30/20 5/18/21 5/31/22 4/18/23 4/16/24
1PHP in Million2PHP
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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