CONRAD ASIA ENERGY LIMITED (CRD)
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CRD - CONRAD ASIA ENERGY LIMITED

FNArena Sector : Business & Consumer Credit
Year End: December
GICS Industry Group : Diversified Financials
Debt/EBITDA: -0.03
Index:

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.83

22 Jul
2024

0.010

OPEN

$0.83

1.22%

HIGH

$0.83

13,063

LOW

$0.83

TARGET
$1.85 122.9% upside
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FNARENA'S MARKET CONSENSUS FORECASTS
CRD: 1
Title FY24
Forecast		 FY25
Forecast
EPS (cps) - 4.0 xxx
DPS (cps) 0.0 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio N/A xxx
Dividend Yield 0.0% xxx
Div Pay Ratio(%) N/A xxx
This company reports in USD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 2020202120222023
EPS Basic xxxxxxxxx-9.2
DPS All xxxxxxxxx0.0
Sales/Revenue xxxxxxxxx0.0 M
Book Value Per Share xxxxxxxxx28.1
Net Operating Cash Flow xxxxxxxxx-14.4 M
Net Profit Margin xxxxxxxxx-

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 2020202120222023
Return on Capital Employed xxxxxxxxx-28.18 %
Return on Invested Capital xxxxxxxxx-28.07 %
Return on Assets xxxxxxxxx-24.63 %
Return on Equity xxxxxxxxx-28.18 %
Return on Total Capital xxxxxxxxx-31.55 %
Free Cash Flow ex dividends xxxxxxxxx-14.4 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 2020202120222023
Short-Term Debt xxxxxxxxx0 M
Long Term Debt xxxxxxxxx0 M
Total Debt xxxxxxxxx0 M
Goodwill - Gross xxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxx7 M
Price To Book Value xxxxxxxxx4.10

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 2020202120222023
Capex xxxxxxxxx7.1 M
Capex % of Sales xxxxxxxxx-
Cost of Goods Sold xxxxxxxxx0 M
Selling, General & Admin. Exp & Other xxxxxxxxx16 M
Research & Development xxxxxxxxx-
Investments - Total xxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Bell Potter

20/02/2024

1

Speculative Buy

$1.85

122.89%

Conrad Asia Energy has completed the Mako gas FEED and updated on cost capital estimates. Mako is expected to deliver up to 120mmscfd via existing infrastructure to the Singapore market over an initial seven-year period.

A $13m equity placement was recently completed and Bell Potter updates modelling to take this into account. The broker envisages multiple value catalysts as the company de-risks the project. Target is reduced to $1.85 from $2.30 and a Speculative A Buy rating is maintained.

FORECAST
Bell Potter forecasts a full year FY24 dividend of 0.00 cents and EPS of minus -3.96 cents.
Bell Potter forecasts a full year FY25 EPS of minus -9.76 cents.
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Wilsons

21/06/2024

1

Overweight

$1.93

132.53%

During its AGM, Conrad Asia Energy announced a delay to the final investment decision (FID) for the Mako gas project to Q4 this year from mid-2024, and Wilsons now estimates first gas at the start of 2027.

Highlighting the quality of the project, the broker is forecasting an around 50% lifetime internal rate of return (IRR).

The Overweight rating is kept, while the target eases to $1.93 from $1.97.

FORECAST
Wilsons forecasts a full year FY24 dividend of 0.00 cents and EPS of minus -5.03 cents.
Wilsons forecasts a full year FY25 dividend of 0.00 cents and EPS of minus -7.17 cents.
Access Stockbroker Research History >

CRD STOCK CHART

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