Eland Oil & Gas PLC (AIM:ELA)'s Valuation Review According to Quant

Marco Green
November 15, 2017

Prospex Oil and Gas PLC (LON:PXOG) traded up GBX 0.07 ($0.00) during midday trading on Monday, hitting GBX 0.63 ($0.01). Following multiple time frames using moving averages can help investors figure out where the stock has been and help determine where it may be possibly going. GBX 121's average target is 84.73% above currents GBX 65.5 stock price. When looking at the ERP5 ranking, it is generally considered the lower the value, the better.

The Q.i. Value of Eland Oil & Gas PLC (AIM:ELA) is 98.00000.

There are many different tools to determine whether a company is profitable or not. The Q.i. Value is calculated using the following ratios: EBITDA Yield, Earnings Yield, FCF Yield, and Liquidity. (AMEX:NOG) is 0.005666. This number is calculated by dividing net income after tax by the company's total assets. The company's market capitalization is GBX 21.51 million. The Upstream segment is engaged in oil and natural gas exploration, field development and production, as well as midstream transportation, storage and processing. The Free Cash Flow Yield 5 Year Average of Eland Oil & Gas PLC (AIM:ELA) is -2.046523. This is one of the most popular methods investors use to evaluate a company's financial performance. Geneva Advisors LLC now owns 17,011 shares of the oil and gas exploration company's stock valued at $589,000 after purchasing an additional 1,000 shares during the period. These ratios are Earnings Yield, ROIC, Price to Book, and 5 year average ROIC.

We also note that Eland Oil & Gas PLC (AIM:ELA) has a Shareholder Yield of -0.175712 and a Shareholder Yield (Mebane Faber) of -0.14633. (AMEX:NOG) is 5.454394. This is calculated by dividing the five year average ROIC by the Standard Deviation of the 5 year ROIC. The stock of Eland Oil & Gas PLC (LON:ELA) has "Speculative Buy" rating given on Thursday, September 22 by Canaccord Genuity. The company has a quick ratio of 0.88, a current ratio of 1.18 and a debt-to-equity ratio of 0.57. The employed capital is calculated by subrating current liabilities from total assets. A company that manages their assets well will have a higher return, while a company that manages their assets poorly will have a lower return. A low current ratio (when the current liabilities are higher than the current assets) indicates that the company may have trouble paying their short term obligations. The price target would suggest a potential upside of 78.99 % from the last price of Eland Oil & Gas (LON:ELA). Adding a sixth ratio, shareholder yield, we can view the Value Composite 2 score which is now sitting at 70. The leverage ratio can measure how much of a company's capital comes from debt. Eland Oil Gas PLC had 55 analyst reports since August 7, 2015 according to SRatingsIntel. It's commonly accepted that a Book to Market ratio greater than one indicates that the shares might be undervalued. The ADX is a technical indicator developed by J. Welles Wilder used to determine the strength of a trend. The ADX is typically plotted along with two other directional movement indicator lines, the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI). The company has a market cap of $131,820.00, a P/E ratio of 29.42, a P/E/G ratio of 1.21 and a beta of 0.98. Joseph Piotroski developed the F-Score which employs nine different variables based on the company financial statement. (AMEX:NOG) has a Piotroski F-Score of 4. The score ranges from zero to six where a 0 would indicate no evidence of book cooking, and a 6 would indicate a high likelihood. The score is calculated by the return on assets (ROA), Cash flow return on assets (CFROA), change in return of assets, and quality of earnings.

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