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: 0.36 AUD -2.7% Market Closed
Market Cap: 80.8m AUD
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Relative Value

The Relative Value of one NZO stock under the Base Case scenario is 0.41 AUD. Compared to the current market price of 0.36 AUD, New Zealand Oil and Gas Ltd is Undervalued by 11%.

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
0.41 AUD
Undervaluation 11%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
76
vs Industry
59
Median 3Y
0.9
Median 5Y
1.4
Industry
1.3
vs History
34
vs Industry
33
Median 3Y
6.9
Median 5Y
5.5
Industry
9.7
vs History
80
vs Industry
45
Median 3Y
2.5
Median 5Y
4.4
Industry
4.7
vs History
49
vs Industry
33
Median 3Y
4.7
Median 5Y
4.7
Industry
10.9
vs History
74
vs Industry
64
Median 3Y
0.6
Median 5Y
0.6
Industry
1.2
vs History
38
vs Industry
75
Median 3Y
0.4
Median 5Y
0.4
Industry
1.8
vs History
34
vs Industry
78
Median 3Y
0.7
Median 5Y
0.5
Industry
4.4
vs History
47
vs Industry
53
Median 3Y
1.4
Median 5Y
1.1
Industry
5.8
vs History
47
vs Industry
50
Median 3Y
1.4
Median 5Y
1.1
Industry
8.2
vs History
39
vs Industry
54
Median 3Y
1.3
Median 5Y
1
Industry
6.2
vs History
25
vs Industry
41
Median 3Y
2
Median 5Y
1
Industry
10.8
vs History
34
vs Industry
78
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
86.4m AUD 0.8 6 1.1 1.1
US
Conocophillips
NYSE:COP
127.3B USD 2.3 12.8 5.9 9.8
CN
CNOOC Ltd
SSE:600938
714B CNY 1.6 5.1 2.9 2.9
US
EOG Resources Inc
NYSE:EOG
75.2B USD 3.1 10.5 5.5 8
CA
Canadian Natural Resources Ltd
TSX:CNQ
99.2B CAD 2.8 13.1 6.4 10.9
US
Diamondback Energy Inc
NASDAQ:FANG
52.9B USD 5.5 16.4 9.7 14.5
US
Pioneer Natural Resources Co
LSE:0KIX
46B USD 2.4 9.4 5.4 7.8
US
Hess Corp
NYSE:HES
43.4B USD 3.4 16.4 7.3 11
US
Texas Pacific Land Corp
NYSE:TPL
32.3B USD 47.1 72 58 59.9
AU
Woodside Energy Group Ltd
ASX:WDS
45.3B AUD 2.4 16 3.8 7
US
Continental Resources Inc
F:C5L
25.8B EUR 3.1 7.7 4.5 6.2

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