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Asian Energy Services Limited
Buy, Hold or Sell?

Let's analyse Asian Energy Services Limited together

PenkeI guess you are interested in Asian Energy Services Limited. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Asian Energy Services Limited. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Asian Energy Services Limited (30 sec.)










What can you expect buying and holding a share of Asian Energy Services Limited? (30 sec.)

How much money do you get?

How much money do you get?
INR0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
INR49.20
Expected worth in 1 year
INR7.48
How sure are you?
60.0%

+ What do you gain per year?

Total Gains per Share
INR-41.72
Return On Investment
-15.4%

For what price can you sell your share?

Current Price per Share
INR271.20
Expected price per share
INR200.55 - INR344.25
How sure are you?
50%

1. Valuation of Asian Energy Services Limited (5 min.)




Live pricePrice per Share (EOD)

INR271.20

Intrinsic Value Per Share

INR-150.60 - INR36.75

Total Value Per Share

INR-101.40 - INR85.95

2. Growth of Asian Energy Services Limited (5 min.)




Is Asian Energy Services Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$23.9m$29m-$5m-21.2%

How much money is Asian Energy Services Limited making?

Current yearPrevious yearGrowGrow %
Making money-$5.3m$4.6m-$9.9m-187.3%
Net Profit Margin-40.4%15.1%--

How much money comes from the company's main activities?

3. Financial Health of Asian Energy Services Limited (5 min.)




4. Comparing to competitors in the Oil & Gas Equipment & Services industry (5 min.)




  Industry Rankings (Oil & Gas Equipment & Services)  


Richest
#132 / 168

Most Revenue
#128 / 168

Most Profit
#152 / 168

Most Efficient
#155 / 168

What can you expect buying and holding a share of Asian Energy Services Limited? (5 min.)

Welcome investor! Asian Energy Services Limited's management wants to use your money to grow the business. In return you get a share of Asian Energy Services Limited.

What can you expect buying and holding a share of Asian Energy Services Limited?

First you should know what it really means to hold a share of Asian Energy Services Limited. And how you can make/lose money.

Speculation

The Price per Share of Asian Energy Services Limited is INR271.20. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Asian Energy Services Limited.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Asian Energy Services Limited, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR49.20. Based on the TTM, the Book Value Change Per Share is INR-10.43 per quarter. Based on the YOY, the Book Value Change Per Share is INR9.45 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Asian Energy Services Limited.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps-0.130.0%-0.130.0%0.110.0%0.030.0%-0.010.0%
Usd Book Value Change Per Share-0.130.0%-0.130.0%0.110.0%0.030.0%0.040.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.130.0%-0.130.0%0.110.0%0.030.0%0.040.0%
Usd Price Per Share1.33-1.33-1.37-0.54-0.27-
Price to Earnings Ratio-10.08--10.08-11.94-0.37-0.19-
Price-to-Total Gains Ratio-10.59--10.59-12.09-0.75-0.75-
Price to Book Ratio2.24-2.24-1.92-0.83-0.42-
Price-to-Total Gains Ratio-10.59--10.59-12.09-0.75-0.75-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share3.2544
Number of shares307
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.130.03
Usd Total Gains Per Share-0.130.03
Gains per Quarter (307 shares)-38.4310.71
Gains per Year (307 shares)-153.7042.85
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-154-16404333
20-307-31808676
30-461-4720129119
40-615-6260171162
50-769-7800214205
60-922-9340257248
70-1076-10880300291
80-1230-12420343334
90-1383-13960386377
100-1537-15500428420

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%5.05.00.050.0%6.09.00.040.0%
Book Value Change Per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%6.04.00.060.0%8.07.00.053.3%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.010.00.0%0.00.015.00.0%
Total Gains per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%6.04.00.060.0%8.07.00.053.3%

Fundamentals of Asian Energy Services Limited

About Asian Energy Services Limited

Asian Energy Services Limited provides services to energy and mineral sectors in India and internationally. The company operates through Oil and Gas, and Mineral and Other Energy Sectors segments. It offers seismic services, including 2D/3D land seismic acquisition, transition zone acquisition, on-site data processing, borehole and multiclient seismic, seismic consulting and interpretation, and wireless seismic and data acquisition in real time. The company also operates and maintains onshore and offshore oil and gas facilities; provides design, drilling management, fracturing, and completion solutions for vertical or directionally drilled wells; and offers energy-intensive techniques, such as injection of heat, chemicals, carbon dioxide or other gases, cyclical steam injection, etc.to extract crude oil. In addition, it offers various facilities, such as floating oil production units; floating, production, storage, and offloading; mobile oil production units; and onshore oil and gas terminals. The company was formerly known as Asian Oilfield Services Limited and changed its name to Asian Energy Services Limited in October 2020. Asian Energy Services Limited was incorporated in 1992 and is based in Mumbai, India. Asian Energy Services Limited is a subsidiary of Oilmax Energy Private Limited.

Fundamental data was last updated by Penke on 2024-03-18 19:50:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Asian Energy Services Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Asian Energy Services Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Asian Energy Services Limited to the Oil & Gas Equipment & Services industry mean.
  • A Net Profit Margin of -40.4% means that ₹-0.40 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Asian Energy Services Limited:

  • The MRQ is -40.4%. The company is making a huge loss. -2
  • The TTM is -40.4%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-40.4%TTM-40.4%0.0%
TTM-40.4%YOY15.1%-55.5%
TTM-40.4%5Y0.0%-40.4%
5Y0.0%10Y-8.3%+8.3%
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-40.4%3.6%-44.0%
TTM-40.4%4.2%-44.6%
YOY15.1%1.9%+13.2%
5Y0.0%-4.1%+4.1%
10Y-8.3%-3.6%-4.7%
1.1.2. Return on Assets

Shows how efficient Asian Energy Services Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Asian Energy Services Limited to the Oil & Gas Equipment & Services industry mean.
  • -15.0% Return on Assets means that Asian Energy Services Limited generated ₹-0.15 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Asian Energy Services Limited:

  • The MRQ is -15.0%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -15.0%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-15.0%TTM-15.0%0.0%
TTM-15.0%YOY11.5%-26.5%
TTM-15.0%5Y3.3%-18.3%
5Y3.3%10Y-3.5%+6.9%
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-15.0%1.0%-16.0%
TTM-15.0%1.0%-16.0%
YOY11.5%0.4%+11.1%
5Y3.3%-0.4%+3.7%
10Y-3.5%-0.4%-3.1%
1.1.3. Return on Equity

Shows how efficient Asian Energy Services Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Asian Energy Services Limited to the Oil & Gas Equipment & Services industry mean.
  • -22.3% Return on Equity means Asian Energy Services Limited generated ₹-0.22 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Asian Energy Services Limited:

  • The MRQ is -22.3%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -22.3%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-22.3%TTM-22.3%0.0%
TTM-22.3%YOY16.1%-38.3%
TTM-22.3%5Y5.4%-27.7%
5Y5.4%10Y-36.6%+42.0%
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-22.3%2.1%-24.4%
TTM-22.3%2.7%-25.0%
YOY16.1%1.2%+14.9%
5Y5.4%-1.2%+6.6%
10Y-36.6%-0.7%-35.9%

1.2. Operating Efficiency of Asian Energy Services Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Asian Energy Services Limited is operating .

  • Measures how much profit Asian Energy Services Limited makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Asian Energy Services Limited to the Oil & Gas Equipment & Services industry mean.
  • An Operating Margin of -32.8% means the company generated ₹-0.33  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Asian Energy Services Limited:

  • The MRQ is -32.8%. The company is operating very inefficient. -2
  • The TTM is -32.8%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-32.8%TTM-32.8%0.0%
TTM-32.8%YOY15.7%-48.4%
TTM-32.8%5Y5.0%-37.8%
5Y5.0%10Y-4.7%+9.7%
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-32.8%6.4%-39.2%
TTM-32.8%4.7%-37.5%
YOY15.7%4.3%+11.4%
5Y5.0%-0.9%+5.9%
10Y-4.7%0.1%-4.8%
1.2.2. Operating Ratio

Measures how efficient Asian Energy Services Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Oil & Gas Equipment & Services industry mean).
  • An Operation Ratio of 1.37 means that the operating costs are ₹1.37 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Asian Energy Services Limited:

  • The MRQ is 1.371. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.371. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.371TTM1.3710.000
TTM1.371YOY0.851+0.520
TTM1.3715Y0.965+0.405
5Y0.96510Y1.062-0.097
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3711.341+0.030
TTM1.3711.305+0.066
YOY0.8511.036-0.185
5Y0.9651.130-0.165
10Y1.0621.089-0.027

1.3. Liquidity of Asian Energy Services Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Asian Energy Services Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Oil & Gas Equipment & Services industry mean).
  • A Current Ratio of 1.92 means the company has ₹1.92 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Asian Energy Services Limited:

  • The MRQ is 1.922. The company is able to pay all its short-term debts. +1
  • The TTM is 1.922. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.922TTM1.9220.000
TTM1.922YOY2.305-0.383
TTM1.9225Y1.798+0.124
5Y1.79810Y1.291+0.508
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9221.520+0.402
TTM1.9221.567+0.355
YOY2.3051.650+0.655
5Y1.7981.744+0.054
10Y1.2911.807-0.516
1.3.2. Quick Ratio

Measures if Asian Energy Services Limited is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Asian Energy Services Limited to the Oil & Gas Equipment & Services industry mean.
  • A Quick Ratio of 2.02 means the company can pay off ₹2.02 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Asian Energy Services Limited:

  • The MRQ is 2.022. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 2.022. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ2.022TTM2.0220.000
TTM2.022YOY2.283-0.261
TTM2.0225Y1.745+0.278
5Y1.74510Y1.027+0.718
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ2.0220.867+1.155
TTM2.0220.931+1.091
YOY2.2830.992+1.291
5Y1.7451.096+0.649
10Y1.0271.144-0.117

1.4. Solvency of Asian Energy Services Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Asian Energy Services Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Asian Energy Services Limited to Oil & Gas Equipment & Services industry mean.
  • A Debt to Asset Ratio of 0.33 means that Asian Energy Services Limited assets are financed with 32.8% credit (debt) and the remaining percentage (100% - 32.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Asian Energy Services Limited:

  • The MRQ is 0.328. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.328. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.328TTM0.3280.000
TTM0.328YOY0.285+0.043
TTM0.3285Y0.348-0.020
5Y0.34810Y0.511-0.163
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3280.497-0.169
TTM0.3280.497-0.169
YOY0.2850.527-0.242
5Y0.3480.515-0.167
10Y0.5110.486+0.025
1.4.2. Debt to Equity Ratio

Measures if Asian Energy Services Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Asian Energy Services Limited to the Oil & Gas Equipment & Services industry mean.
  • A Debt to Equity ratio of 48.8% means that company has ₹0.49 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Asian Energy Services Limited:

  • The MRQ is 0.488. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.488. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.488TTM0.4880.000
TTM0.488YOY0.399+0.089
TTM0.4885Y0.544-0.057
5Y0.54410Y2.578-2.034
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4880.976-0.488
TTM0.4880.971-0.483
YOY0.3991.008-0.609
5Y0.5441.040-0.496
10Y2.5781.025+1.553

2. Market Valuation of Asian Energy Services Limited

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₹1 in earnings Asian Energy Services Limited generates.

  • Above 15 is considered overpriced but always compare Asian Energy Services Limited to the Oil & Gas Equipment & Services industry mean.
  • A PE ratio of -10.08 means the investor is paying ₹-10.08 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Asian Energy Services Limited:

  • The EOD is -24.741. Based on the earnings, the company is expensive. -2
  • The MRQ is -10.076. Based on the earnings, the company is expensive. -2
  • The TTM is -10.076. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-24.741MRQ-10.076-14.665
MRQ-10.076TTM-10.0760.000
TTM-10.076YOY11.940-22.016
TTM-10.0765Y0.373-10.449
5Y0.37310Y0.186+0.186
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
EOD-24.7415.688-30.429
MRQ-10.0764.864-14.940
TTM-10.0765.338-15.414
YOY11.9403.845+8.095
5Y0.3735.066-4.693
10Y0.1867.386-7.200
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Asian Energy Services Limited:

  • The EOD is -279.335. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -113.763. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -113.763. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-279.335MRQ-113.763-165.572
MRQ-113.763TTM-113.7630.000
TTM-113.763YOY80.688-194.451
TTM-113.7635Y-6.615-107.148
5Y-6.61510Y-3.308-3.308
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
EOD-279.3353.801-283.136
MRQ-113.7633.514-117.277
TTM-113.7631.618-115.381
YOY80.688-0.774+81.462
5Y-6.6150.184-6.799
10Y-3.3080.430-3.738
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Asian Energy Services Limited is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Oil & Gas Equipment & Services industry mean).
  • A PB ratio of 2.24 means the investor is paying ₹2.24 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Asian Energy Services Limited:

  • The EOD is 5.512. Based on the equity, the company is overpriced. -1
  • The MRQ is 2.245. Based on the equity, the company is underpriced. +1
  • The TTM is 2.245. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD5.512MRQ2.245+3.267
MRQ2.245TTM2.2450.000
TTM2.245YOY1.917+0.328
TTM2.2455Y0.832+1.413
5Y0.83210Y0.416+0.416
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
EOD5.5121.258+4.254
MRQ2.2451.184+1.061
TTM2.2451.199+1.046
YOY1.9171.274+0.643
5Y0.8321.120-0.288
10Y0.4161.358-0.942
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Asian Energy Services Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---10.431-10.4310%9.453-210%2.908-459%3.138-432%
Book Value Per Share--49.20049.2000%59.630-17%48.251+2%32.378+52%
Current Ratio--1.9221.9220%2.305-17%1.798+7%1.291+49%
Debt To Asset Ratio--0.3280.3280%0.285+15%0.348-6%0.511-36%
Debt To Equity Ratio--0.4880.4880%0.399+22%0.544-10%2.578-81%
Dividend Per Share----0%-0%-0%-0%
Eps---10.962-10.9620%9.573-215%2.727-502%-0.748-93%
Free Cash Flow Per Share---0.971-0.9710%1.417-169%1.669-158%-1.337+38%
Free Cash Flow To Equity Per Share--1.4821.4820%2.842-48%0.849+75%0.608+144%
Gross Profit Margin--1.0131.0130%0.976+4%0.991+2%0.990+2%
Intrinsic Value_10Y_max--36.753--------
Intrinsic Value_10Y_min---150.600--------
Intrinsic Value_1Y_max--2.108--------
Intrinsic Value_1Y_min---7.093--------
Intrinsic Value_3Y_max--7.533--------
Intrinsic Value_3Y_min---28.365--------
Intrinsic Value_5Y_max--14.406--------
Intrinsic Value_5Y_min---57.205--------
Market Cap10995451440.000+59%4478051665.0004478051665.0000%4634144910.000-3%1822439315.000+146%911219657.500+391%
Net Profit Margin---0.404-0.4040%0.151-368%0.000-100%-0.083-79%
Operating Margin---0.328-0.3280%0.157-309%0.050-754%-0.047-86%
Operating Ratio--1.3711.3710%0.851+61%0.965+42%1.062+29%
Pb Ratio5.512+59%2.2452.2450%1.917+17%0.832+170%0.416+439%
Pe Ratio-24.741-146%-10.076-10.0760%11.940-184%0.373-2803%0.186-5505%
Price Per Share271.200+59%110.450110.4500%114.300-3%44.950+146%22.475+391%
Price To Free Cash Flow Ratio-279.335-146%-113.763-113.7630%80.688-241%-6.615-94%-3.308-97%
Price To Total Gains Ratio-26.001-146%-10.589-10.5890%12.091-188%0.751-1510%0.751-1510%
Quick Ratio--2.0222.0220%2.283-11%1.745+16%1.027+97%
Return On Assets---0.150-0.1500%0.115-231%0.033-549%-0.035-77%
Return On Equity---0.223-0.2230%0.161-239%0.054-513%-0.366+64%
Total Gains Per Share---10.431-10.4310%9.453-210%2.908-459%3.138-432%
Usd Book Value--23936808.00023936808.0000%29011524.000-17%23475060.000+2%15752615.614+52%
Usd Book Value Change Per Share---0.125-0.1250%0.113-210%0.035-459%0.038-432%
Usd Book Value Per Share--0.5900.5900%0.716-17%0.579+2%0.389+52%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.132-0.1320%0.115-215%0.033-502%-0.009-93%
Usd Free Cash Flow---472356.000-472356.0000%689196.000-169%811908.000-158%-650485.621+38%
Usd Free Cash Flow Per Share---0.012-0.0120%0.017-169%0.020-158%-0.016+38%
Usd Free Cash Flow To Equity Per Share--0.0180.0180%0.034-48%0.010+75%0.007+144%
Usd Market Cap131945417.280+59%53736619.98053736619.9800%55609738.920-3%21869271.780+146%10934635.890+391%
Usd Price Per Share3.254+59%1.3251.3250%1.372-3%0.539+146%0.270+391%
Usd Profit---5333064.000-5333064.0000%4657332.000-215%1326636.000-502%-363821.150-93%
Usd Revenue--13194168.00013194168.0000%30909624.000-57%25484860.800-48%20984858.842-37%
Usd Total Gains Per Share---0.125-0.1250%0.113-210%0.035-459%0.038-432%
 EOD+5 -3MRQTTM+0 -0YOY+4 -305Y+15 -1910Y+19 -15

3.2. Fundamental Score

Let's check the fundamental score of Asian Energy Services Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-24.741
Price to Book Ratio (EOD)Between0-15.512
Net Profit Margin (MRQ)Greater than0-0.404
Operating Margin (MRQ)Greater than0-0.328
Quick Ratio (MRQ)Greater than12.022
Current Ratio (MRQ)Greater than11.922
Debt to Asset Ratio (MRQ)Less than10.328
Debt to Equity Ratio (MRQ)Less than10.488
Return on Equity (MRQ)Greater than0.15-0.223
Return on Assets (MRQ)Greater than0.05-0.150
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Asian Energy Services Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5047.230
Ma 20Greater thanMa 50273.885
Ma 50Greater thanMa 100290.785
Ma 100Greater thanMa 200264.633
OpenGreater thanClose269.900
Total2/5 (40.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2019-03-312020-03-312021-03-312022-03-312023-03-31
Inventory  6,939-6,778161227,983228,144-164,00764,137-195,630-131,493
Income before Tax  91,815314,576406,391-161,244245,147161,560406,707-852,352-445,645
Net Income  91,007201,347292,354-66,639225,715162,396388,111-832,533-444,422
EBIT  156,853342,094498,947-139,948358,99944,638403,637-763,961-360,324
EBITDA  351,280344,389695,669-103,372592,29788,221680,518-821,138-140,620
Operating Income  154,765325,143479,908-158,384321,52469,822391,346-797,898-406,552
Tax Provision  808113,229114,037-94,60519,432-83618,596-19,819-1,223
Income Tax Expense  808113,229114,037-94,60519,432-83618,596-19,819-1,223
Net Income from Continuing Operations  91,007201,347292,354-66,639225,715162,396388,111-832,533-444,422



Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets2,967,188
Total Liabilities972,454
Total Stockholder Equity1,994,525
 As reported
Total Liabilities 972,454
Total Stockholder Equity+ 1,994,525
Total Assets = 2,967,188

Assets

Total Assets2,967,188
Total Current Assets1,772,993
Long-term Assets1,194,195
Total Current Assets
Cash And Cash Equivalents 172,665
Short-term Investments 254,078
Net Receivables 1,184,435
Other Current Assets 187,351
Total Current Assets  (as reported)1,772,993
Total Current Assets  (calculated)1,798,529
+/- 25,536
Long-term Assets
Property Plant Equipment 956,739
Intangible Assets 667
Other Assets 105,442
Long-term Assets  (as reported)1,194,195
Long-term Assets  (calculated)1,062,848
+/- 131,347

Liabilities & Shareholders' Equity

Total Current Liabilities922,302
Long-term Liabilities50,152
Total Stockholder Equity1,994,525
Total Current Liabilities
Short-term Debt 175,119
Short Long Term Debt 165,438
Accounts payable 440,688
Other Current Liabilities 140,982
Total Current Liabilities  (as reported)922,302
Total Current Liabilities  (calculated)922,227
+/- 75
Long-term Liabilities
Long term Debt 25,947
Capital Lease Obligations 20,110
Long-term Liabilities Other 10,199
Long-term Liabilities  (as reported)50,152
Long-term Liabilities  (calculated)56,256
+/- 6,104
Total Stockholder Equity
Common Stock376,937
Accumulated Other Comprehensive Income 110,074
Other Stockholders Equity -43,751
Total Stockholder Equity (as reported)1,994,525
Total Stockholder Equity (calculated)443,260
+/- 1,551,265
Other
Capital Stock376,937
Cash and Short Term Investments 426,743
Common Stock Shares Outstanding 37,694
Current Deferred Revenue165,513
Liabilities and Stockholders Equity 2,967,188
Net Debt 38,830
Net Invested Capital 2,185,910
Net Working Capital 850,691
Property Plant and Equipment Gross 956,739
Short Long Term Debt Total 211,495



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-312009-03-31
> Total Assets 
987,948
1,157,728
1,218,250
1,138,575
1,204,247
1,726,148
1,525,050
1,706,044
2,093,125
2,524,954
2,184,532
3,077,449
3,463,550
3,382,076
2,967,188
2,967,1883,382,0763,463,5503,077,4492,184,5322,524,9542,093,1251,706,0441,525,0501,726,1481,204,2471,138,5751,218,2501,157,728987,948
   > Total Current Assets 
397,383
354,178
720,278
740,399
764,037
453,946
441,072
644,953
881,593
1,381,488
1,180,343
1,899,051
2,026,513
2,120,154
1,772,993
1,772,9932,120,1542,026,5131,899,0511,180,3431,381,488881,593644,953441,072453,946764,037740,399720,278354,178397,383
       Cash And Cash Equivalents 
73,964
79,855
320,268
269,860
182,411
93,548
78,715
96,584
291,431
62,253
9,700
619,570
120,842
279,548
172,665
172,665279,548120,842619,5709,70062,253291,43196,58478,71593,548182,411269,860320,26879,85573,964
       Short-term Investments 
0
0
0
107,866
59,479
0
0
0
0
0
0
200,192
118,063
222,655
254,078
254,078222,655118,063200,19200000059,479107,866000
       Net Receivables 
0
0
0
0
0
0
0
0
0
897,980
1,078,614
920,414
1,559,465
1,375,192
1,184,435
1,184,4351,375,1921,559,465920,4141,078,614897,980000000000
       Other Current Assets 
323,419
274,323
376,811
327,808
463,044
318,176
324,279
491,664
574,422
1,300,467
85,090
1,279,320
-1
178,622
187,351
187,351178,622-11,279,32085,0901,300,467574,422491,664324,279318,176463,044327,808376,811274,323323,419
   > Long-term Assets 
590,565
803,550
497,972
398,176
440,210
1,272,202
1,083,978
1,061,091
1,211,532
1,143,466
1,004,189
1,178,398
1,437,037
1,261,922
1,194,195
1,194,1951,261,9221,437,0371,178,3981,004,1891,143,4661,211,5321,061,0911,083,9781,272,202440,210398,176497,972803,550590,565
       Property Plant Equipment 
239,672
406,338
457,956
391,704
416,557
1,239,627
1,049,901
945,578
795,290
968,154
839,209
882,283
1,306,889
1,112,980
956,739
956,7391,112,9801,306,889882,283839,209968,154795,290945,5781,049,9011,239,627416,557391,704457,956406,338239,672
       Intangible Assets 
0
0
0
0
0
0
0
0
0
32,817
25,922
19,322
12,878
6,837
667
6676,83712,87819,32225,92232,817000000000
       Long-term Assets Other 
350,893
397,213
40,017
6,472
23,653
32,575
34,077
115,512
416,242
142,495
139,058
276,793
1
-1
25,300
25,300-11276,793139,058142,495416,242115,51234,07732,57523,6536,47240,017397,213350,893
> Total Liabilities 
208,991
153,515
303,255
315,546
481,822
1,076,073
1,153,129
1,605,375
1,275,197
1,119,643
664,517
1,262,920
1,429,180
964,449
972,454
972,454964,4491,429,1801,262,920664,5171,119,6431,275,1971,605,3751,153,1291,076,073481,822315,546303,255153,515208,991
   > Total Current Liabilities 
175,342
111,636
149,716
288,196
456,515
714,387
658,075
1,425,867
1,186,044
976,187
663,737
1,233,759
1,400,024
919,847
922,302
922,302919,8471,400,0241,233,759663,737976,1871,186,0441,425,867658,075714,387456,515288,196149,716111,636175,342
       Short-term Debt 
0
0
0
132,349
245,920
464,577
225,000
435,447
737,332
115,876
99,644
11,547
15,396
53,986
175,119
175,11953,98615,39611,54799,644115,876737,332435,447225,000464,577245,920132,349000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
99,644
0
2,992
48,086
165,438
165,43848,0862,992099,6440000000000
       Accounts payable 
98,333
56,369
85,771
84,769
158,215
184,727
125,476
273,305
9,526
546,194
446,631
632,306
905,430
713,880
440,688
440,688713,880905,430632,306446,631546,1949,526273,305125,476184,727158,21584,76985,77156,36998,333
       Other Current Liabilities 
77,009
55,267
63,945
71,079
52,381
65,082
307,599
717,115
439,186
310,587
116,654
601,453
10,236
7,598
140,982
140,9827,59810,236601,453116,654310,587439,186717,115307,59965,08252,38171,07963,94555,26777,009
   > Long-term Liabilities 
33,649
41,879
153,538
27,350
25,307
361,686
495,054
179,509
89,153
143,456
780
29,161
29,156
44,602
50,152
50,15244,60229,15629,161780143,45689,153179,509495,054361,68625,30727,350153,53841,87933,649
       Other Liabilities 
0
0
0
0
0
0
0
0
0
297
781
11,787
2,971
17,832
0
017,8322,97111,787781297000000000
> Total Stockholder Equity
778,957
1,004,213
914,995
823,029
722,424
650,075
371,921
100,669
817,928
1,405,311
1,520,015
1,814,529
2,034,370
2,417,627
1,994,525
1,994,5252,417,6272,034,3701,814,5291,520,0151,405,311817,928100,669371,921650,075722,424823,029914,9951,004,213778,957
   Common Stock
112,744
153,244
153,244
153,244
153,244
223,244
223,244
223,244
260,744
380,744
380,744
376,937
376,937
376,937
376,937
376,937376,937376,937376,937380,744380,744260,744223,244223,244223,244153,244153,244153,244153,244112,744
   Retained Earnings 
210,768
201,801
126,351
35,927
-67,022
-301,300
-575,091
-831,686
-1,015,710
-919,181
-827,763
-527,117
-291,084
102,406
-333,186
-333,186102,406-291,084-527,117-827,763-919,181-1,015,710-831,686-575,091-301,300-67,02235,927126,351201,801210,768
   Capital Surplus 000000000000000
   Treasury Stock000000000000000
   Other Stockholders Equity 
455,444
649,168
635,400
633,858
636,202
728,131
723,768
709,111
1,572,893
1,943,748
1,967,034
1,853,847
-85,853
-479,343
-43,751
-43,751-479,343-85,8531,853,8471,967,0341,943,7481,572,893709,111723,768728,131636,202633,858635,400649,168455,444



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue1,099,514
Cost of Revenue-1,031,921
Gross Profit67,59367,593
 
Operating Income (+$)
Gross Profit67,593
Operating Expense-474,996
Operating Income-406,552-407,403
 
Operating Expense (+$)
Research Development0
Selling General Administrative85,943
Selling And Marketing Expenses5,568
Operating Expense474,99691,511
 
Net Interest Income (+$)
Interest Income34,861
Interest Expense-24,636
Other Finance Cost-34,861
Net Interest Income-24,636
 
Pretax Income (+$)
Operating Income-406,552
Net Interest Income-24,636
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-445,645-367,459
EBIT - interestExpense = -384,960
-445,645
-419,786
Interest Expense24,636
Earnings Before Interest and Taxes (EBIT)-360,324-421,009
Earnings Before Interest and Taxes (EBITDA)-140,620
 
After tax Income (+$)
Income Before Tax-445,645
Tax Provision--1,223
Net Income From Continuing Ops-444,422-444,422
Net Income-444,422
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses1,506,917
Total Other Income/Expenses Net-39,09324,636
 

Technical Analysis of Asian Energy Services Limited
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Asian Energy Services Limited. The general trend of Asian Energy Services Limited is BULLISH with 28.6% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Asian Energy Services Limited's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (28.6%) Bearish trend (-28.6%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Asian Energy Services Limited.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 326.45 < 335.95 < 344.25.

The bearish price targets are: 230.25 > 208.50 > 200.55.

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Asian Energy Services Limited Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Asian Energy Services Limited. The current mas is .

The long score for the Moving Averages is 9/14.
The longshort score for the Moving Averages is 4/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Asian Energy Services Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Asian Energy Services Limited. The current macd is -6.19327576.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Asian Energy Services Limited price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Asian Energy Services Limited. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Asian Energy Services Limited price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Asian Energy Services Limited Daily Moving Average Convergence/Divergence (MACD) ChartAsian Energy Services Limited Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Asian Energy Services Limited. The current adx is 25.93.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Asian Energy Services Limited shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
Asian Energy Services Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Asian Energy Services Limited. The current sar is 246.50.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Asian Energy Services Limited Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Asian Energy Services Limited. The current rsi is 47.23. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending up: The RSI is trending up. +1
Asian Energy Services Limited Daily Relative Strength Index (RSI) ChartAsian Energy Services Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Asian Energy Services Limited. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Asian Energy Services Limited price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Asian Energy Services Limited Daily Stochastic Oscillator ChartAsian Energy Services Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Asian Energy Services Limited. The current cci is -22.54315471.

Asian Energy Services Limited Daily Commodity Channel Index (CCI) ChartAsian Energy Services Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Asian Energy Services Limited. The current cmo is -2.46744074.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Asian Energy Services Limited Daily Chande Momentum Oscillator (CMO) ChartAsian Energy Services Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Asian Energy Services Limited. The current willr is -40.30612245.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Asian Energy Services Limited is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Asian Energy Services Limited Daily Williams %R ChartAsian Energy Services Limited Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Asian Energy Services Limited.

Asian Energy Services Limited Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Asian Energy Services Limited. The current atr is 16.27.

Asian Energy Services Limited Daily Average True Range (ATR) ChartAsian Energy Services Limited Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Asian Energy Services Limited. The current obv is 12,380,518.

Asian Energy Services Limited Daily On-Balance Volume (OBV) ChartAsian Energy Services Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Asian Energy Services Limited. The current mfi is 28.03.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Asian Energy Services Limited Daily Money Flow Index (MFI) ChartAsian Energy Services Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Asian Energy Services Limited.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-09STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-13STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-16STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-17STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-24DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-28CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-30ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-01ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-04ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-06ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-19SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-26WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-27RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-02SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-10CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-18SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-31RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-23CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-26BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-28CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-29STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-07BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18RSI LONG ENTRY SHORT CLOSE30 crossover to upside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-21CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-26DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Asian Energy Services Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Asian Energy Services Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5047.230
Ma 20Greater thanMa 50273.885
Ma 50Greater thanMa 100290.785
Ma 100Greater thanMa 200264.633
OpenGreater thanClose269.900
Total2/5 (40.0%)
Penke

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