Africa Oil Corp.

  • Market Cap: Small Cap
  • Industry: Oil
  • ISIN: CA00829Q1019
CAD
2.19
0.00 (0.00%)
  • 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

Comparison

Company
Score
Quality
Valuation
Financial
Technical
Headwater Exploration, Inc.
Peyto Exploration & Development Corp.
Baytex Energy Corp.
Athabasca Oil Corp.
NuVista Energy Ltd.
Birchcliff Energy Ltd.
Paramount Resources Ltd.
Africa Oil Corp.
Kelt Exploration Ltd.
Enerplus Corp.
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 sell?

  1. All quantity irrespective of whether you are making profits or losses

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

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Africa Oil Corp. for you?

Medium Risk, High Return

Absolute
Risk Adjusted
Volatility
Africa Oil Corp.
3.3%
3.47
33.19%
S&P/TSX 60
21.87%
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)
278.85%
EBIT Growth (5y)
54.64%
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)
0.24
Tax Ratio
0.94%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.01%
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
32
Industry P/E
Price to Book Value
1.41
EV to EBIT
13.11
EV to EBITDA
3.92
EV to Capital Employed
1.34
EV to Sales
2.17
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
10.23%
ROE (Latest)
4.36%
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Mildly Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bullish
Mildly Bullish
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

22What is working for the Company
OPERATING CASH FLOW(Y)

Highest at CAD 357.41 MM

NET SALES(HY)

Higher at CAD 394.37 MM

ROCE(HY)

Highest at 9.47%

DIVIDEND PAYOUT RATIO(Y)

Highest at 494.4%

RAW MATERIAL COST(Y)

Fallen by -2,418% (YoY

CASH AND EQV(HY)

Highest at CAD 609.64 MM

INVENTORY TURNOVER RATIO(HY)

Highest at 5.66 times

DEBTORS TURNOVER RATIO(HY)

Highest at 6.31 times

DIVIDEND PER SHARE(HY)

Highest at CAD 6.31

OPERATING PROFIT(Q)

Highest at CAD 165 MM

PRE-TAX PROFIT(Q)

Highest at CAD 45.04 MM

-15What is not working for the Company
INTEREST(HY)

At CAD 36.87 MM has Grown at 979.66%

NET PROFIT(Q)

At CAD 7.16 MM has Fallen at -66.77%

DEBT-EQUITY RATIO (HY)

Highest at 21.26 %

Here's what is working for Africa Oil Corp.

Pre-Tax Profit
At CAD 45.04 MM has Grown at 1,420.8%
Year on Year (YoY)
MOJO Watch
Near term Pre-Tax Profit trend is very positive

Pre-Tax Profit (CAD MM)

Net Sales
Higher at CAD 394.37 MM
than preceding 12 month period ended Sep 2025
MOJO Watch
In the half year the company has already crossed sales of the previous twelve months

Net Sales (CAD MM)

Operating Cash Flow
Highest at CAD 357.41 MM
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 165 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 45.04 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 609.64 MM
in the last six Semi-Annual periods
MOJO Watch
Short Term liquidity is improving

Cash and Cash Equivalents

Inventory Turnover Ratio
Highest at 5.66 times
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 6.31 times
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 6.31
in the last five years
MOJO Watch
Company is distributing higher dividend from profits generated

DPS (CAD)

Dividend Payout Ratio
Highest at 494.4%
in the last five years
MOJO Watch
Company is distributing higher proportion of profits generated as dividend

DPR (%)

Raw Material Cost
Fallen by -2,418% (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 105.09 MM
in the last five periods
MOJO Watch
The expenditure on assets done by the company may have gone into operation

Depreciation (CAD MM)

Here's what is not working for Africa Oil Corp.

Interest
At CAD 36.87 MM has Grown at 979.66%
over previous Semi-Annual period
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (CAD MM)

Net Profit
At CAD 7.16 MM has Fallen at -66.77%
Year on Year (YoY)
MOJO Watch
Near term Net Profit trend is very negative

Net Profit (CAD MM)

Debt-Equity Ratio
Highest at 21.26 %
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