Africa Energy Corp Stock Cash Per Share

AFE Stock  CAD 0.03  0.01  25.00%   
Africa Energy Corp fundamentals help investors to digest information that contributes to Africa Energy's financial success or failures. It also enables traders to predict the movement of Africa Stock. The fundamental analysis module provides a way to measure Africa Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Africa Energy stock.
Last ReportedProjected for Next Year
Cash Per Share is likely to drop to 0 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Africa Energy Corp Company Cash Per Share Analysis

Africa Energy's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Cash Per Share

 = 

Total Cash

Average Shares

More About Cash Per Share | All Equity Analysis

Current Africa Energy Cash Per Share

    
  0.01 X  
Most of Africa Energy's fundamental indicators, such as Cash Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Africa Energy Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Africa Cash Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Africa Energy is extremely important. It helps to project a fair market value of Africa Stock properly, considering its historical fundamentals such as Cash Per Share. Since Africa Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Africa Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Africa Energy's interrelated accounts and indicators.
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Competition

Africa Common Stock Shares Outstanding

Common Stock Shares Outstanding

1.48 Billion

At this time, Africa Energy's Common Stock Shares Outstanding is fairly stable compared to the past year.
In accordance with the recently published financial statements, Africa Energy Corp has a Cash Per Share of 0.01 times. This is 99.62% lower than that of the Oil, Gas & Consumable Fuels sector and 99.43% lower than that of the Energy industry. The cash per share for all Canada stocks is 99.8% higher than that of the company.

Africa Cash Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Africa Energy's direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Africa Energy could also be used in its relative valuation, which is a method of valuing Africa Energy by comparing valuation metrics of similar companies.
Africa Energy is currently under evaluation in cash per share category among its peers.

Africa Energy Current Valuation Drivers

We derive many important indicators used in calculating different scores of Africa Energy from analyzing Africa Energy's financial statements. These drivers represent accounts that assess Africa Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Africa Energy's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap152.5M245.6M259.1M182.9M164.6M172.8M
Enterprise Value150.1M226.0M248.2M181.1M163.0M171.2M

Africa Fundamentals

About Africa Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Africa Energy Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Africa Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Africa Energy Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Africa Stock Analysis

When running Africa Energy's price analysis, check to measure Africa Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Africa Energy is operating at the current time. Most of Africa Energy's value examination focuses on studying past and present price action to predict the probability of Africa Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Africa Energy's price. Additionally, you may evaluate how the addition of Africa Energy to your portfolios can decrease your overall portfolio volatility.