Horizon Oil Limited Logo

Horizon Oil Limited

HZN.AX

(2.8)
Stock Price

0,19 AUD

278.35% ROA

46.59% ROE

2.6x PER

Market Cap.

168.465.634,64 AUD

8.26% DER

33.62% Yield

30.23% NPM

Horizon Oil Limited Stock Analysis

Horizon Oil Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Horizon Oil Limited Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (23.22%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 ROA

The stock's ability to make a lot of money from its assets shows that it is very profitable, making it a good choice for people who want to invest and make a lot of money.

3 DER

The stock has a low debt to equity ratio (1%), which means it has a small amount of debt compared to the ownership it holds

4 Dividend

Investors can rely on the company's consistent dividend payments over the past three years, offering a steady stream of returns.

5 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (1) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

6 PBV

The stock's PBV ratio (1.66x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

7 Revenue Growth

This company's revenue has shown remarkable growth over the past three years, making it an excellent choice for seeking a consistently prosperous investment.

8 Net Profit Growth

Throughout the last three years, this company has experienced consistent net profit growth, reflecting a robust financial performance and making it an attractive investment prospect.

9 Assets Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

10 Graham Number

The company's Graham number indicates that it is overvalued compared to its stock price, suggesting a potentially unfavorable investment opportunity.

11 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

Horizon Oil Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Horizon Oil Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Hold
4 Stoch RSI Hold

Horizon Oil Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Horizon Oil Limited Revenue
Year Revenue Growth
1988 5.931.000
1989 9.095.000 34.79%
1990 15.476.000 41.23%
1991 14.567.000 -6.24%
1992 14.730.000 1.11%
1993 10.299.000 -43.02%
1994 6.530.000 -57.72%
1995 5.303.000 -23.14%
1996 10.887.000 51.29%
1997 0 0%
1998 0 0%
1999 0 0%
2000 2.203.987 100%
2001 1.688.999 -30.49%
2002 121.284 -1292.61%
2003 189.469 35.99%
2004 251.624 24.7%
2005 126.786 -98.46%
2006 134.000 5.38%
2007 80.000 -67.5%
2008 8.156.000 99.02%
2009 47.991.000 83.01%
2010 59.362.000 19.16%
2011 50.209.000 -18.23%
2012 50.875.000 1.31%
2013 144.329.000 64.75%
2014 83.683.000 -72.47%
2015 56.455.000 -48.23%
2016 67.988.000 16.96%
2017 106.153.000 35.95%
2018 126.742.000 16.24%
2019 74.942.000 -69.12%
2020 109.197.144 31.37%
2020 70.124.000 -55.72%
2021 112.602.000 37.72%
2022 229.482.984 50.93%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Horizon Oil Limited Research and Development Expenses
Year Research and Development Expenses Growth
1988 0
1989 0 0%
1990 0 0%
1991 0 0%
1992 0 0%
1993 0 0%
1994 0 0%
1995 0 0%
1996 0 0%
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2020 0 0%
2021 0 0%
2022 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Horizon Oil Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
1988 0
1989 0 0%
1990 0 0%
1991 0 0%
1992 0 0%
1993 0 0%
1994 0 0%
1995 0 0%
1996 0 0%
1997 0 0%
1998 0 0%
1999 0 0%
2000 706.766 100%
2001 1.275.194 44.58%
2002 1.558.499 18.18%
2003 1.589.865 1.97%
2004 1.579.132 -0.68%
2005 2.070.509 23.73%
2006 3.482.000 40.54%
2007 4.159.000 16.28%
2008 3.998.000 -4.03%
2009 5.353.000 25.31%
2010 6.930.000 22.76%
2011 7.641.000 9.31%
2012 6.525.000 -17.1%
2013 7.546.000 13.53%
2014 4.936.000 -52.88%
2015 5.977.000 17.42%
2016 4.815.000 -24.13%
2017 3.932.000 -22.46%
2018 3.618.000 -8.68%
2019 4.111.000 11.99%
2020 5.990.092 31.37%
2020 3.525.000 -69.93%
2021 2.899.000 -21.59%
2022 5.900.500 50.87%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Horizon Oil Limited EBITDA
Year EBITDA Growth
1988 -124.575
1989 744.019 116.74%
1990 3.496.300 78.72%
1991 -539.333 748.26%
1992 -3.625.226 85.12%
1993 -1.600.965 -126.44%
1994 -2.058.876 22.24%
1995 -2.949.190 30.19%
1996 -4.555.525 35.26%
1997 -2.157.273 -111.17%
1998 -4.226.245 48.96%
1999 -1.163.652 -263.19%
2000 -6.991.000 83.36%
2001 -5.645.198 -23.84%
2002 -12.071.126 53.23%
2003 -5.697.366 -111.87%
2004 -6.385.915 10.78%
2005 -2.213.269 -188.53%
2006 -3.138.000 29.47%
2007 -16.097.000 80.51%
2008 2.536.000 734.74%
2009 72.086.000 96.48%
2010 61.923.000 -16.41%
2011 37.723.000 -64.15%
2012 27.326.000 -38.05%
2013 88.960.000 69.28%
2014 35.794.000 -148.53%
2015 -130.365.000 127.46%
2016 17.620.000 839.87%
2017 33.558.000 47.49%
2018 49.136.000 31.7%
2019 -48.074.000 202.21%
2020 -70.048.084 31.37%
2020 10.835.000 746.5%
2021 45.179.000 76.02%
2022 511.223.576 91.16%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Horizon Oil Limited Gross Profit
Year Gross Profit Growth
1988 5.931.000
1989 9.095.000 34.79%
1990 15.476.000 41.23%
1991 14.567.000 -6.24%
1992 14.730.000 1.11%
1993 10.299.000 -43.02%
1994 6.530.000 -57.72%
1995 5.303.000 -23.14%
1996 10.753.000 50.68%
1997 0 0%
1998 0 0%
1999 0 0%
2000 801.682 100%
2001 745.412 -7.55%
2002 -76.139 1079.01%
2003 -228.622 66.7%
2004 71.675 418.97%
2005 -63.892 212.18%
2006 -83.000 23.02%
2007 -55.000 -50.91%
2008 7.521.000 100.73%
2009 45.205.000 83.36%
2010 51.339.000 11.95%
2011 40.712.000 -26.1%
2012 39.402.000 -3.32%
2013 91.010.000 56.71%
2014 23.713.000 -283.8%
2015 -3.724.000 736.76%
2016 24.220.000 115.38%
2017 50.467.000 52.01%
2018 59.388.000 15.02%
2019 21.558.000 -175.48%
2020 31.411.919 31.37%
2020 22.998.000 -36.59%
2021 55.237.000 58.36%
2022 113.172.532 51.19%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Horizon Oil Limited Net Profit
Year Net Profit Growth
1988 877.312
1989 0 0%
1990 0 0%
1991 0 0%
1992 0 0%
1993 0 0%
1994 1.710.167 100%
1995 86.625 -1874.22%
1996 165.039 47.51%
1997 -54.630 402.1%
1998 -36.048 -51.55%
1999 -297.331 87.88%
2000 -165.848 -79.28%
2001 -59.678 -177.91%
2002 -11.463.359 99.48%
2003 -6.046.941 -89.57%
2004 -6.477.415 6.65%
2005 -1.410.635 -359.18%
2006 -1.915.000 26.34%
2007 -16.213.000 88.19%
2008 -8.063.000 -101.08%
2009 52.345.000 115.4%
2010 34.936.000 -49.83%
2011 7.647.000 -356.86%
2012 3.474.000 -120.12%
2013 12.830.000 72.92%
2014 18.307.000 29.92%
2015 -144.525.000 112.67%
2016 -336.000 -42913.39%
2017 -2.599.000 87.07%
2018 35.826.000 107.25%
2019 -55.139.000 164.97%
2020 -80.342.416 31.37%
2020 8.009.000 1103.15%
2021 24.326.000 67.08%
2022 74.751.700 67.46%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Horizon Oil Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1988 0
1989 0 0%
1990 0 0%
1991 0 0%
1992 0 0%
1993 0 0%
1994 0 0%
1995 0 0%
1996 0 0%
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2020 0 0%
2021 0 0%
2022 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Horizon Oil Limited Free Cashflow
Year Free Cashflow Growth
1988 0
1989 0 0%
1990 2.298.887 100%
1991 -1.028.072 323.61%
1992 -134.223 -665.95%
1993 1.576.060 108.52%
1994 -2.705.179 158.26%
1995 -3.338.380 18.97%
1996 2.518.395 232.56%
1997 4.845.471 48.03%
1998 1.344.284 -260.45%
1999 -9.108.703 114.76%
2000 -4.722.430 -92.88%
2001 -11.470.596 58.83%
2002 -12.093.327 5.15%
2003 -5.450.930 -121.86%
2004 -7.726.317 29.45%
2005 -5.953.744 -29.77%
2006 -21.493.668 72.3%
2007 -46.914.875 54.19%
2008 -38.592.216 -21.57%
2009 20.288.326 290.22%
2010 -37.779.055 153.7%
2011 -66.334.152 43.05%
2012 -108.716.520 38.98%
2013 29.654.030 466.62%
2014 -6.353.510 566.73%
2015 33.190.643 119.14%
2016 43.442.753 23.6%
2017 40.187.561 -8.1%
2018 93.494.837 57.02%
2019 45.172.219 -106.97%
2020 23.767.509 -90.06%
2021 72.010.618 66.99%
2022 20.575.186 -249.99%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Horizon Oil Limited Operating Cashflow
Year Operating Cashflow Growth
1988 0
1989 0 0%
1990 7.806.000 100%
1991 7.977.000 2.14%
1992 4.827.000 -65.26%
1993 5.071.000 4.81%
1994 1.686.000 -200.77%
1995 1.174.000 -43.61%
1996 2.645.000 55.61%
1997 4.932.383 46.37%
1998 1.734.132 -184.43%
1999 -3.760.324 146.12%
2000 476.000 889.98%
2001 -1.644.000 128.95%
2002 -3.820.411 56.97%
2003 -1.449.000 -163.66%
2004 -1.743.000 16.87%
2005 -2.436.432 28.46%
2006 -2.436.668 0.01%
2007 -2.830.875 13.93%
2008 3.874.784 173.06%
2009 38.966.326 90.06%
2010 38.809.945 -0.4%
2011 12.782.848 -203.61%
2012 16.682.480 23.38%
2013 68.966.030 75.81%
2014 76.618.490 9.99%
2015 59.524.643 -28.72%
2016 46.324.753 -28.49%
2017 77.905.561 40.54%
2018 103.714.837 24.88%
2019 53.223.219 -94.87%
2020 30.887.509 -72.31%
2021 82.451.618 62.54%
2022 34.697.354 -137.63%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Horizon Oil Limited Capital Expenditure
Year Capital Expenditure Growth
1988 0
1989 0 0%
1990 5.507.113 100%
1991 9.005.072 38.84%
1992 4.961.223 -81.51%
1993 3.494.940 -41.95%
1994 4.391.179 20.41%
1995 4.512.380 2.69%
1996 126.605 -3464.14%
1997 86.912 -45.67%
1998 389.848 77.71%
1999 5.348.379 92.71%
2000 5.198.430 -2.88%
2001 9.826.596 47.1%
2002 8.272.916 -18.78%
2003 4.001.930 -106.72%
2004 5.983.317 33.12%
2005 3.517.312 -70.11%
2006 19.057.000 81.54%
2007 44.084.000 56.77%
2008 42.467.000 -3.81%
2009 18.678.000 -127.36%
2010 76.589.000 75.61%
2011 79.117.000 3.2%
2012 125.399.000 36.91%
2013 39.312.000 -218.98%
2014 82.972.000 52.62%
2015 26.334.000 -215.08%
2016 2.882.000 -813.74%
2017 37.718.000 92.36%
2018 10.220.000 -269.06%
2019 8.051.000 -26.94%
2020 7.120.000 -13.08%
2021 10.441.000 31.81%
2022 14.122.168 26.07%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Horizon Oil Limited Equity
Year Equity Growth
1988 18.225.746
1989 20.039.343 9.05%
1990 21.552.207 7.02%
1991 20.724.738 -3.99%
1992 16.897.015 -22.65%
1993 18.523.255 8.78%
1994 21.026.242 11.9%
1995 18.597.619 -13.06%
1996 17.326.069 -7.34%
1997 19.274.535 10.11%
1998 15.690.044 -22.85%
1999 12.967.341 -21%
2000 12.041.559 -7.69%
2001 20.890.102 42.36%
2002 13.557.529 -54.08%
2003 12.135.132 -11.72%
2004 14.032.238 13.52%
2005 22.064.800 36.4%
2006 44.162.000 50.04%
2007 43.232.000 -2.15%
2008 60.605.000 28.67%
2009 114.365.000 47.01%
2010 152.551.000 25.03%
2011 161.724.000 5.67%
2012 167.013.000 3.17%
2013 222.566.000 24.96%
2014 256.343.000 13.18%
2015 104.614.000 -145.04%
2016 106.726.000 1.98%
2017 95.309.000 -11.98%
2018 141.306.000 32.55%
2019 82.855.000 -70.55%
2020 110.275.000 24.87%
2021 99.226.000 -11.14%
2022 95.776.000 -3.6%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Horizon Oil Limited Assets
Year Assets Growth
1988 21.177.803
1989 26.411.098 19.81%
1990 27.975.766 5.59%
1991 33.127.162 15.55%
1992 26.550.257 -24.77%
1993 24.778.780 -7.15%
1994 27.958.524 11.37%
1995 23.014.711 -21.48%
1996 21.110.659 -9.02%
1997 25.231.713 16.33%
1998 18.189.343 -38.72%
1999 15.357.932 -18.44%
2000 14.863.520 -3.33%
2001 22.064.520 32.64%
2002 14.224.591 -55.12%
2003 14.022.834 -1.44%
2004 16.436.392 14.68%
2005 30.062.317 45.33%
2006 57.481.000 47.7%
2007 94.666.000 39.28%
2008 140.151.000 32.45%
2009 171.629.000 18.34%
2010 293.480.000 41.52%
2011 350.849.000 16.35%
2012 476.186.000 26.32%
2013 514.903.000 7.52%
2014 523.339.000 1.61%
2015 286.672.000 -82.56%
2016 271.703.000 -5.51%
2017 309.632.000 12.25%
2018 262.659.000 -17.88%
2019 171.635.000 -53.03%
2020 186.790.000 8.11%
2021 182.462.000 -2.37%
2022 183.498.000 0.56%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Horizon Oil Limited Liabilities
Year Liabilities Growth
1988 2.952.057
1989 6.371.756 53.67%
1990 6.423.559 0.81%
1991 12.402.423 48.21%
1992 9.653.242 -28.48%
1993 6.255.526 -54.32%
1994 5.791.698 -8.01%
1995 3.342.941 -73.25%
1996 2.865.949 -16.64%
1997 5.225.257 45.15%
1998 1.722.273 -203.39%
1999 1.423.369 -21%
2000 1.811.566 21.43%
2001 1.174.417 -54.25%
2002 667.062 -76.06%
2003 1.887.703 64.66%
2004 2.404.154 21.48%
2005 7.997.517 69.94%
2006 13.319.000 39.95%
2007 51.434.000 74.1%
2008 79.546.000 35.34%
2009 57.264.000 -38.91%
2010 140.929.000 59.37%
2011 189.125.000 25.48%
2012 309.173.000 38.83%
2013 292.337.000 -5.76%
2014 267.022.000 -9.48%
2015 182.138.000 -46.6%
2016 164.977.000 -10.4%
2017 214.323.000 23.02%
2018 121.353.000 -76.61%
2019 88.780.000 -36.69%
2020 76.515.000 -16.03%
2021 83.236.000 8.07%
2022 87.722.000 5.11%

Horizon Oil Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
0.14
Net Income per Share
0.04
Price to Earning Ratio
2.6x
Price To Sales Ratio
0.73x
POCF Ratio
1.59
PFCF Ratio
2.73
Price to Book Ratio
1.79
EV to Sales
0.58
EV Over EBITDA
0.42
EV to Operating CashFlow
1.23
EV to FreeCashFlow
2.15
Earnings Yield
0.38
FreeCashFlow Yield
0.37
Market Cap
0,17 Bil.
Enterprise Value
0,13 Bil.
Graham Number
0.23
Graham NetNet
-0.02

Income Statement Metrics

Net Income per Share
0.04
Income Quality
1.64
ROE
0.58
Return On Assets
0.25
Return On Capital Employed
0.42
Net Income per EBT
0.73
EBT Per Ebit
0.95
Ebit per Revenue
0.44
Effective Tax Rate
0.27

Margins

Sales, General, & Administrative to Revenue
0.02
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0.01
Gross Profit Margin
0.48
Operating Profit Margin
0.44
Pretax Profit Margin
0.42
Net Profit Margin
0.3

Dividends

Dividend Yield
0.34
Dividend Yield %
33.62
Payout Ratio
0.75
Dividend Per Share
0.04

Operating Metrics

Operating Cashflow per Share
0.07
Free CashFlow per Share
0.04
Capex to Operating CashFlow
-0.43
Capex to Revenue
-0.2
Capex to Depreciation
-0.71
Return on Invested Capital
0.66
Return on Tangible Assets
2.78
Days Sales Outstanding
29.21
Days Payables Outstanding
1
Days of Inventory on Hand
8.81
Receivables Turnover
12.5
Payables Turnover
363.21
Inventory Turnover
41.45
Capex per Share
-0.03

Balance Sheet

Cash per Share
0,03
Book Value per Share
0,06
Tangible Book Value per Share
0.06
Shareholders Equity per Share
0.06
Interest Debt per Share
0
Debt to Equity
0.08
Debt to Assets
0.04
Net Debt to EBITDA
-0.11
Current Ratio
2.34
Tangible Asset Value
-0,06 Bil.
Net Current Asset Value
-0,02 Bil.
Invested Capital
0.08
Working Capital
0,04 Bil.
Intangibles to Total Assets
0.87
Average Receivables
0,01 Bil.
Average Payables
0,00 Bil.
Average Inventory
3685048.5
Debt to Market Cap
0.05

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Horizon Oil Limited Dividends
Year Dividends Growth
2021 0
2022 0 0%
2023 0 0%

Horizon Oil Limited Profile

About Horizon Oil Limited

Horizon Oil Limited, together with its subsidiaries, engages in the exploration, development, and production of oil and gas properties in China and New Zealand. It holds interest in the Block 22/12 oil field in Beibu Gulf, China; and the PMP 38160 Maari/Manaia oil fields in New Zealand, as well as engages in the exploration and evaluation of hydrocarbons. The company was incorporated in 1969 and is based in Sydney, Australia.

CEO
Mr. Richard Beament
Employee
11
Address
360 Kent Street
Sydney, 2000

Horizon Oil Limited Executives & BODs

Horizon Oil Limited Executives & BODs
# Name Age
1 Mr. Kyle Keen
Chief Financial Officer & Assistant Company Secretary
70
2 Mr. Gavin Douglas
Group Chief Operating Officer
70
3 Mr. Vasilios Margiankakos
Company Secretary & Group Tax Manager
70
4 Mr. Richard Beament
MD, Chief Executive Officer & Director
70

Horizon Oil Limited Competitors