Geo Energy Resources Ltd. (RE4) AI Stock Analysis

• Market Cap: S$609.57M
• Dividend Yield: 2%
• Average Volume (3M): 14.55M
• Price to Earnings (P/E): 17.3
• Beta (1Y): 0.83
• Revenue Growth: 43.96%
• EPS Growth: -54.78%
• Country: SG
• Employees: 350
• Sector: Energy
• Sector Strength: 52
• Industry: Coal
• EPS (TTM): <0.01
• Shares Outstanding: 1,434,279,000
• 10 Day Avg. Volume: 8,731,220
• 30 Day Avg. Volume: 14,549,890
• PEG Ratio: -0.20
• Price to Book (P/B): 0.69
• Price to Sales (P/S): 0.77
• P/FCF Ratio: 5.16
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: S$0.59
• Price Target Upside: 40.48% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 54 Neutral
• Price Target: S$0.50 ▲(19.05% Upside)

Geo Energy Resources Ltd. receives an overall stock score of 54, primarily driven by its challenging financial performance and bearish technical indicators. The financial health is under pressure with declining profitability and cash flow issues, despite some improvement in leverage. The technical analysis indicates bearish momentum with oversold conditions. Valuation metrics suggest the stock is fairly priced but not particularly attractive given the current challenges.

Positive Factors

Revenue Growth

The resumption of revenue growth indicates the company's ability to recover and expand its market presence, which is crucial for long-term sustainability.

Debt Management

Improved leverage reflects better financial management, enhancing the company's stability and ability to invest in growth opportunities.

Expansion Financing

The new loan facility supports strategic expansion and refinancing, potentially leading to interest savings and improved liquidity, aiding growth.

Negative Factors

Declining Profitability

Decreasing margins indicate challenges in cost management or pricing power, which could impact long-term profitability and competitiveness.

Cash Flow Issues

Significant cash flow issues can hinder the company's ability to fund operations and investments, posing a risk to financial health and growth.

Leadership Changes

Reduction in leadership's stake may signal potential concerns or shifts in strategic direction, affecting stakeholder confidence and stability.

Geo Energy Resources Ltd. Business Overview & Revenue Model

Company Description

Geo Energy Resources Ltd. (RE4) is a Singapore-based company engaged in the exploration, development, and production of coal and renewable energy resources. The company primarily operates in the coal mining sector, focusing on the extraction and sale of thermal coal, which is used for power generation and industrial processes. In addition to its coal operations, Geo Energy is exploring opportunities in renewable energy, reflecting a strategic shift towards sustainable energy solutions.

How the Company Makes Money

Geo Energy Resources Ltd. generates revenue primarily through the sale of thermal coal to power generation companies and industrial clients. The company's revenue model is centered on the production and sale of coal, with revenue streams coming from long-term contracts and spot market sales. Additionally, Geo Energy may benefit from partnerships with energy companies and utilities that require a steady supply of coal for their operations. The company's focus on diversifying into renewable energy could also open new revenue streams in the future, although specific details on these initiatives are not currently available.

Geo Energy Resources Ltd. Financial Statement Overview

Summary

Geo Energy Resources Ltd. faces a challenging financial landscape with mixed results across its financial statements. The income statement shows declining profitability, although revenue growth has resumed. The balance sheet indicates improved leverage but reduced returns on equity. Cash flow issues are prominent, with negative free cash flow growth and reduced cash conversion efficiency. While the company has made some progress in reducing debt, the overall financial health is under pressure, requiring strategic measures to enhance profitability and cash flow generation.

Income Statement

Geo Energy Resources Ltd. has shown a mixed performance in its income statement. The gross profit margin has decreased from 16.20% in 2023 to 13.10% in 2024, indicating a decline in profitability. The net profit margin also decreased from 12.68% to 9.24% over the same period. However, the company managed to achieve a revenue growth rate of 2.54% in 2024, recovering from a negative growth rate in 2023. Despite the decline in margins, the company remains profitable, but the decreasing trend in profitability is a concern.

Balance Sheet

The balance sheet of Geo Energy Resources Ltd. reflects a moderate financial position. The debt-to-equity ratio improved from 0.60 in 2023 to 0.52 in 2024, indicating a reduction in leverage. However, the return on equity decreased from 14.79% to 8.26%, suggesting a decline in the company's ability to generate returns on shareholders' equity. The equity ratio remains stable, indicating a balanced capital structure. The company has managed to reduce its debt levels, which is a positive sign for financial stability.

Cash Flow

The cash flow statement reveals challenges for Geo Energy Resources Ltd. The free cash flow growth rate was negative at -205.93% in 2024, indicating significant cash flow issues. The operating cash flow to net income ratio improved to 0.44 in 2024 from a negative ratio in 2023, showing some recovery in cash generation. However, the free cash flow to net income ratio decreased from 1.20 to 0.85, reflecting reduced cash conversion efficiency. Overall, the cash flow situation is concerning, with negative growth and reduced cash flow efficiency.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	613.09M	401.90M	488.97M	733.47M	641.89M	306.76M
Gross Profit	71.55M	52.64M	79.23M	272.06M	261.23M	46.23M
EBITDA	68.40M	44.51M	113.76M	253.99M	257.29M	139.24M
Net Income	27.11M	37.14M	61.98M	161.56M	177.94M	94.91M
Balance Sheet
Total Assets	1.33B	1.02B	937.37M	563.03M	525.71M	372.12M
Cash, Cash Equivalents and Short-Term Investments	155.00M	118.07M	170.80M	234.08M	190.60M	52.66M
Total Debt	339.89M	233.87M	250.01M	3.42M	3.74M	59.33M
Total Liabilities	1.16B	477.86M	437.76M	154.74M	176.60M	153.47M
Stockholders Equity	687.07M	449.45M	419.10M	407.36M	347.78M	218.46M
Cash Flow
Free Cash Flow	90.80M	60.00M	-54.50M	165.95M	266.60M	48.49M
Operating Cash Flow	91.37M	70.72M	-45.60M	169.89M	272.79M	56.33M
Investing Cash Flow	-104.01M	-49.12M	-187.97M	-2.25M	-4.07M	-6.78M
Financing Cash Flow	29.86M	-40.23M	137.12M	-119.65M	-130.70M	-135.87M

Geo Energy Resources Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
RE4	54 Neutral	S$609.57M	17.28	5.10%	2.00%	43.96%	-54.78%
DU4	53 Neutral	S$236.34M	20.86	5.18%	―	2.00%	-28.40%
BTP	48 Neutral	S$101.44M	-8.25	-5.60%	4.00%	-40.02%	-176.13%
5WH	47 Neutral	S$177.12M	-2.36	-85.62%	―	11.94%	26.44%

Geo Energy Resources Ltd. Corporate Events

Geo Energy Resources Releases Q3 2025 Business Update

Geo Energy Resources Limited has released a business update for the third quarter and nine months ending September 30, 2025. The announcement contains forward-looking statements that highlight potential risks and uncertainties impacting future performance, advising stakeholders to exercise caution in trading the company’s securities.

Geo Energy COO Reduces Shareholding

Geo Energy Resources Ltd. announced that its Group Chief Operating Officer, Mr. Philip Hendry, has reduced his shareholding in the company by disposing of 500,000 ordinary shares. This transaction, conducted on October 2, 2025, at S$0.505 per share, reflects a significant change in Mr. Hendry’s stake in the company, potentially influencing stakeholder perceptions and market dynamics.

Geo Energy Secures $275 Million Loan for Expansion and Refinancing

Geo Energy Resources Ltd. has entered into a facility agreement with PT Bank Mandiri for term loan facilities amounting to up to US$275 million. This financing will be used to refinance existing loans, fund operational and capital expenditures for the Triaryani mine, and support the acquisition of PT Trans Maritim Pratama and PT Bahari Segara Maritim. The agreement is expected to result in interest savings, enhance liquidity, and support the company’s growth expansion plans.