Origin Energy offers exposure to relatively defensive Australian energy retailing and highly volatile liquefied natural gas exports. As a producer of commodities, Origin is a price-taker and has few competitive advantages. Capital and efficient scale are potential barriers to competition, but they're not strong enough to justify an economic moat.
The Australia Pacific LNG project is the largest coal seam gas to LNG project in Australia and is generating strong returns in the current high price environment.
The value of APLNG is highly uncertain, given volatility in the oil price and the relatively high operating leverage.
|
Metric
|
ORG
|
STO
|
AGL
|
|---|---|---|---|
Price/Earnings (Normalized) | 10.73 | 11.75 | 20.10 |
Price/Book Value | 1.81 | 1.12 | 1.14 |
Price/Sales | 1.08 | 2.86 | 0.52 |
Price/Cash Flow | — | 5.17 | 3.78 |
|
Metric
|
ORG
|
STO
|
AGL
|
|---|---|---|---|
Quick Ratio | 0.83 | 1.05 | 0.80 |
Current Ratio | 1.15 | 1.47 | 1.09 |
Interest Coverage | 12.25 | 4.73 | 1.63 |
|
Metric
|
ORG
|
STO
|
AGL
|
|---|---|---|---|
Return on Assets (Normalized) | 7.45% | 4.90% | 3.90% |
Return on Equity (Normalized) | 16.24% | 9.50% | 11.11% |
Return on Invested Capital (Normalized) | 12.39% | 5.94% | 7.09% |
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
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