Viva Energy: Volume Strength and More to Come With OTR’s Inclusion
Viva reported a strong first-quarter 2024 operating performance, with group sales volumes up 7.5% on the previous corresponding period to 4.1 billion liters, largely as expected.
Viva Energy Group Ltd Ordinary Shares VEA
Bulls Say, Bears Say
Bulls
Viva boasts significant refined fuel distribution, supplying around 24% of Australia's national requirement; second only to Ampol.
Bears
As technology improves, highly fuel-efficient vehicles, electric vehicles, and other alternative fuel vehicles will further detract from retail fuel demand.
Trading Information
- Previous Close Price
- A$3.42
- Day Range
- A$3.42–3.48
- 52-Week Range
- A$2.73–3.87
- Bid/Ask
- A$3.46 / A$3.50
- Market Cap
- A$5.55 Bil
- Volume/Avg
- 2.7 Mil / 5.1 Mil
Key Statistics
- Price/Earnings (Normalized)
- 18.31
- Price/Sales
- 0.25
- Dividend Yield (Trailing)
- 4.56%
- Dividend Yield (Forward)
- 4.15%
- Total Yield
- 4.88%
Company Profile
Viva is Australia's second-largest vertically integrated refined transport fuel supplier. We rate Viva as the second-most-significant pipeline owner, and at approximately 1,155 locations, Viva supplies the third-largest number of retail sites in Australia behind Ampol at approximately 1,985 and BP at 1,400.Vitol bought Shell's Australian downstream operations in 2014, and renamed them Viva Energy. Viva subsequently bought Shell's Australian aviation operations and a 50% investment in Liberty Oil. In 2016, Viva sold (and leased back) a portfolio of its retail sites to Viva Energy REIT and listed Viva Energy REIT on the ASX. It has since sold its entire REIT stake for AUD 734 million.
- Sector
- Energy
- Industry
- Oil & Gas Refining & Marketing
- Stock Style Box
- Mid Value
- Total Number of Employees
- —
- Website
- https://www.vivaenergy.com.au
Competitors
Valuation
|
Metric
|
VEA
|
ALD
|
SHELL
|
|---|---|---|---|
Price/Earnings (Normalized) | 18.31 | 11.43 | 4.61 |
Price/Book Value | 2.63 | 2.38 | 1.27 |
Price/Sales | 0.25 | 0.23 | 0.81 |
Price/Cash Flow | 9.64 | 5.63 | 5.71 |
Price/Earnings
VEA
ALD
SHELL
Financial Strength
|
Metric
|
VEA
|
ALD
|
SHELL
|
|---|---|---|---|
Quick Ratio | 0.53 | 0.57 | 0.99 |
Current Ratio | 1.00 | 1.21 | 1.42 |
Interest Coverage | 1.10 | 3.55 | 6.66 |
Quick Ratio
VEA
ALD
SHELL
Profitability
|
Metric
|
VEA
|
ALD
|
SHELL
|
|---|---|---|---|
Return on Assets (Normalized) | 0.68% | 5.73% | 6.37% |
Return on Equity (Normalized) | 2.77% | 21.08% | 13.96% |
Return on Invested Capital (Normalized) | 4.53% | 12.42% | 9.93% |
Return on Assets
VEA
ALD
SHELL
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