NZO Relative Valuation - New Zealand Oil and Gas Ltd - Alpha Spread
N

New Zealand Oil and Gas Ltd
ASX:NZO

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New Zealand Oil and Gas Ltd
ASX:NZO
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Price: 0.39 AUD Market Closed
Market Cap: 87.5m AUD
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Relative Value

The Relative Value of one NZO stock under the Base Case scenario is 0.42 AUD. Compared to the current market price of 0.39 AUD, New Zealand Oil and Gas Ltd is Undervalued by 8%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

NZO Relative Value
Base Case
0.42 AUD
Undervaluation 8%
Relative Value
Price
N
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
76
vs Industry
56
Median 3Y
1
Median 5Y
1.7
Industry
1.3
vs History
33
vs Industry
31
Median 3Y
7.3
Median 5Y
5.6
Industry
9.2
vs History
80
vs Industry
43
Median 3Y
2.8
Median 5Y
5.4
Industry
4.5
vs History
50
vs Industry
32
Median 3Y
5
Median 5Y
5.3
Industry
10.8
vs History
79
vs Industry
62
Median 3Y
0.6
Median 5Y
0.7
Industry
1.2
vs History
53
vs Industry
73
Median 3Y
0.5
Median 5Y
0.5
Industry
1.7
vs History
49
vs Industry
79
Median 3Y
0.8
Median 5Y
0.7
Industry
4.2
vs History
52
vs Industry
53
Median 3Y
1.6
Median 5Y
1.5
Industry
5.7
vs History
52
vs Industry
50
Median 3Y
1.6
Median 5Y
1.5
Industry
8
vs History
58
vs Industry
54
Median 3Y
1.6
Median 5Y
1.5
Industry
6
vs History
34
vs Industry
40
Median 3Y
2.4
Median 5Y
2
Industry
10.6
vs History
50
vs Industry
77
Median 3Y
0.2
Median 5Y
0.2
Industry
1

Multiples Across Competitors

NZO Competitors Multiples
New Zealand Oil and Gas Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
NZ
New Zealand Oil and Gas Ltd
ASX:NZO
88.7m AUD 0.9 6.7 1.3 1.3
US
Conocophillips
NYSE:COP
128B USD 2.3 12 5.8 9.3
CN
CNOOC Ltd
SSE:600938
730.1B CNY 1.6 5.2 3 3
US
EOG Resources Inc
NYSE:EOG
71.6B USD 2.9 9.6 5.1 7.2
CA
Canadian Natural Resources Ltd
NYSE:CNQ
71.5B USD 2.6 12.7 6.1 10
US
Pioneer Natural Resources Co
LSE:0KIX
46B USD 2.4 9.4 5.4 7.8
US
Hess Corp
NYSE:HES
41.1B USD 3.3 15.6 7.3 10.9
US
Diamondback Energy Inc
NASDAQ:FANG
32.1B USD 3.5 9.3 5.5 7.7
AU
Woodside Energy Group Ltd
NYSE:WDS
31.9B USD 2.5 17.2 4 7.5
US
Continental Resources Inc
F:C5L
25.8B EUR 3.2 8 4.7 6.4
US
Devon Energy Corp
NYSE:DVN
25.6B USD 1.7 7.3 4.1 6.5

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