Africa Oil Corp.

  • Market Cap: Small Cap
  • Industry: Oil
  • ISIN: CA00829Q1019
CAD
1.79
0.03 (1.7%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

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Comparison
Company
Score
Quality
Valuation
Financial
Technical
Africa Oil Corp.
Peyto Exploration & Development Corp.
Athabasca Oil Corp.
Baytex Energy Corp.
NuVista Energy Ltd.
Paramount Resources Ltd.
Headwater Exploration, Inc.
Birchcliff Energy Ltd.
Enerplus Corp.
Kelt Exploration Ltd.
Tamarack Valley Energy Ltd.
Why is Africa Oil Corp. ?
1
The company has declared positive results in Dec'2024 after 4 consecutive negative quarters
  • OPERATING CASH FLOW(Y) Highest at CAD 152.92 MM
  • NET PROFIT(Q) At CAD 4.29 MM has Grown at 683.86%
  • RAW MATERIAL COST(Y) Fallen by -6,089% (YoY)
2
Risky -
  • The stock is trading risky as compared to its average historical valuations
  • Over the past year, while the stock has generated a return of 6.74%, its profits have risen by 549.3% ; the PEG ratio of the company is 0
3
Underperformed the market in the last 1 year
  • The stock has generated a return of 6.74% in the last 1 year, much lower than market (S&P/TSX 60) returns of 22.54%
stock-recommendationReal-Time Research Report
Verdict Report
How much should you buy?
  1. Overall Portfolio exposure to Africa Oil Corp. should be less than 10%
  2. Overall Portfolio exposure to Oil should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Oil)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Africa Oil Corp. for you?

Medium Risk, High Return

Absolute
Risk Adjusted
Volatility
Africa Oil Corp.
-7.25%
3.47
33.19%
S&P/TSX 60
19.1%
1.54
14.62%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors
Factor
Value
Sales Growth (5y)
190.40%
EBIT Growth (5y)
26.49%
EBIT to Interest (avg)
-4.22
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0.21
Sales to Capital Employed (avg)
0.08
Tax Ratio
0.94%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.00%
ROCE (avg)
0
ROE (avg)
18.26%
stock-recommendationValuation
Valuation Scorecard stock-summary
stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary
Factor
Value
P/E Ratio
5
Industry P/E
Price to Book Value
0.94
EV to EBIT
69.46
EV to EBITDA
10.83
EV to Capital Employed
0.96
EV to Sales
7.47
PEG Ratio
0.01
Dividend Yield
NA
ROCE (Latest)
1.38%
ROE (Latest)
19.18%
stock-recommendationTechnicals
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Sideways
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bearish
Mildly Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
No Trend
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend
Financial Trend Scorecard stock-summary
stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

30What is working for the Company
OPERATING CASH FLOW(Y)

Highest at CAD 152.92 MM

NET PROFIT(Q)

At CAD 4.29 MM has Grown at 683.86%

RAW MATERIAL COST(Y)

Fallen by -6,089% (YoY

NET SALES(9M)

Higher at CAD 205.53 MM

CASH AND EQV(HY)

Highest at CAD 980.35 MM

INVENTORY TURNOVER RATIO(HY)

Highest at 2.25%

DEBTORS TURNOVER RATIO(HY)

Highest at 1.28%

DIVIDEND PER SHARE(HY)

Highest at CAD 1.28

OPERATING PROFIT(Q)

Highest at CAD 148.08 MM

PRE-TAX PROFIT(Q)

Highest at CAD 28.37 MM

-12What is not working for the Company
DEBT-EQUITY RATIO (HY)

Highest at 31.23 %

INTEREST(Q)

Highest at CAD 20.34 MM

Here's what is working for Africa Oil Corp.
Net Sales
At CAD 205.53 MM has Grown at inf%
Year on Year (YoY)
MOJO Watch
Sales trend is very positive

Net Sales (CAD MM)

Pre-Tax Profit
At CAD 28.37 MM has Grown at 322.95%
Year on Year (YoY)
MOJO Watch
Near term Pre-Tax Profit trend is very positive

Pre-Tax Profit (CAD MM)

Net Profit
At CAD 4.29 MM has Grown at 683.86%
Year on Year (YoY)
MOJO Watch
Near term Net Profit trend is very positive

Net Profit (CAD MM)

Operating Cash Flow
Highest at CAD 152.92 MM and Grown
In each year in the last three years
MOJO Watch
The company has generated higher cash revenues from business operations

Operating Cash Flows (CAD MM)

Operating Profit
Highest at CAD 148.08 MM
in the last five periods
MOJO Watch
Near term Operating Profit trend is positive

Operating Profit (CAD MM)

Pre-Tax Profit
Highest at CAD 28.37 MM
in the last five periods
MOJO Watch
Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (CAD MM)

Cash and Eqv
Highest at CAD 980.35 MM
in the last six Semi-Annual periods
MOJO Watch
Short Term liquidity is improving

Cash and Cash Equivalents

Inventory Turnover Ratio
Highest at 2.25%
in the last five Semi-Annual periods
MOJO Watch
Company has been able to sell its inventory faster

Inventory Turnover Ratio

Debtors Turnover Ratio
Highest at 1.28%
in the last five Semi-Annual periods
MOJO Watch
Company has been able to sell its Debtors faster

Debtors Turnover Ratio

Dividend per share
Highest at CAD 1.28
in the last five years
MOJO Watch
Company is distributing higher dividend from profits generated

DPS (CAD)

Net Sales
Higher at CAD 205.53 MM
than preceding 12 month period ended Jun 2025
MOJO Watch
In the nine month period the company has already crossed sales of the previous twelve months

Net Sales (CAD MM)

Raw Material Cost
Fallen by -6,089% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin

Raw Material Cost as a percentage of Sales

Depreciation
Highest at CAD 101.16 MM
in the last five periods
MOJO Watch
The expenditure on assets done by the company may have gone into operation

Depreciation (CAD MM)

Depreciation
At CAD 101.16 MM has Grown at 459.57%
period on period (QoQ)
MOJO Watch
The expenditure on assets done by the company has gone into productive use which should positively reflect in the future sales

Depreciation (CAD MM)

Here's what is not working for Africa Oil Corp.
Interest
At CAD 20.34 MM has Grown at 516.45%
period on period (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (CAD MM)

Interest
Highest at CAD 20.34 MM
in the last five periods and Increased by 516.45% (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (CAD MM)

Debt-Equity Ratio
Highest at 31.23 %
in the last five Semi-Annual periods
MOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed

Debt-Equity Ratio