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Amplitude Energy Limited (AEL) Fair Value & Analysis

Energy · AU · Market cap A$406M

AE Amplitude Energy Limited AEL · AU
PriceA$1.47
Fair ValueA$0.7900
Upside-46.3%
Quality41/100
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Expensive Growth
Loss-making · -8.2% net margin
Moderate debt · generates free cash flow
Mixed vs. peers (5/12)
Narrow moat 38/100
Evidence: Medium Range A$0.7900 – A$1.90 Share as image

Fair value as of: Jul 11, 2026

From 14 valuation models · updated 30 days ago

Fair value updated Jul 11, 2026, revised from A$1.94 to A$0.7900 (−59.3%) since Jun 24, 2026. Share price +8.5% over the past month.

Below-average quality, and screening another 46% overvalued on our models.

What matters now

  • Weak quality (41/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • A fairly wide model range (A$0.7900 to A$1.90) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

A$3.47 A$1.02 Fair Value A$0.7900 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 11, 2026.

How to read this chart

60‑month range A$1.02 – A$3.47 · fair‑value band A$0.7900 – A$1.90 · the A$1.47 price screens above the A$0.7900 fair value. Dashed = 300-day average. As of Jul 11, 2026.

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Analysis

Amplitude Energy Limited (AEL) currently trades at A$1.47, while our model-based Fair Value estimate is A$0.7900, implying the stock looks roughly 46.3% overvalued today. The Quality Score stands at 41/100 (below-average quality), in the Energy sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, Amplitude Energy Limited generated revenue of A$276M at a net margin of -8.2%. Revenue grew 5.8% year over year. It earns a return on equity of -4.7%. Net debt stands at A$238M. Fundamentals as of Jul 11, 2026

Our scenario range runs from A$0.7900 (bear case) to A$1.90 (bull case); at A$1.47, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 55% below its 52-week high, currently below its 200-day average. For context, the median of 10 Energy peers we cover trades at -26% fair-value upside, at -46%, AEL screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF A$0.3300 A$1.14 80
Rev-Margin DCF A$0.5500 A$2.05 A$4.33 74
ROIC Compounder A$0.5000 A$0.6800 A$0.8200 72
All 14 models by family
DCF Models
FCF DCF A$0.2700 A$1.24 38
Owner Earnings A$0.3400 A$1.53 A$3.73 31
5Y Revenue Exit A$0.5500 A$1.84 A$4.41 39
5Y EBITDA Exit A$3.82 A$8.83 A$18.18 41
10Y Revenue Exit A$0.2600 A$1.69 A$3.32 36
10Y EBITDA Exit A$2.44 A$7.49 A$17.33 37
Earnings-Based
EPV A$0.5000 A$0.6800 A$0.8200 59
Multiples
EV/EBIT A$2.14 A$3.11 A$4.08 53
EV/EBITDA A$5.92 A$8.15 A$10.38 54
EV/Revenue A$0.8000 A$1.47 A$2.14 43
Asset-Based
NCAV (Graham) A$0.6300 A$0.8400 A$1.26 50
Growth DCF
Growth DCF A$0.3300 A$1.14 80
Rev-Margin DCF A$0.5500 A$2.05 A$4.33 74
Economic Profit
ROIC Compounder A$0.5000 A$0.6800 A$0.8200 72

Widest divergence: Multiples (A$3.11) versus Growth DCF (A$0.3300). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) A$276M
Revenue growth (YoY) +5.8%
Net margin -8.2%
Return on equity -4.7%
Free cash flow A$15.6M FY2025
Operating margin 33.9%
More key figures
EPS (TTM) A$-0.1100
EPS growth (YoY) +207%
Net debt A$238M FY2025

Figures from reported company fundamentals · as of Jul 11, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 41/100

Of which business quality 39 · Market factors (momentum, volatility) 19

Profitability 5
Margins and returns on capital today
Quality Growth 73
Are margins and returns improving?
Cashflow 45
Earnings quality: real cash, not paper profit
Fin. Strength 27
Balance sheet, leverage, solvency risk
Investment 67
Disciplined investing over empire-building
Low Volatility 42
Calm price path (market factor)
Momentum 11
Price trend over the last 3–12 months (market factor)
52W Momentum 6
Distance to the 52-week high (market factor)
Net Issuance 38
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Amplitude Energy Limited engages in exploration, development, and production of natural gas and low-cost oil in Australia. It operates through Southeast Australia and Cooper Basin segments. The company is involved in the exploration, evaluation, operation, and care and maintenance of natural gas assets in the Gippsland and Otway basins.

Full company description

Amplitude Energy Limited engages in exploration, development, and production of natural gas and low-cost oil in Australia. It operates through Southeast Australia and Cooper Basin segments. The company is involved in the exploration, evaluation, operation, and care and maintenance of natural gas assets in the Gippsland and Otway basins. It also produces and sells crude oil, as well as explores and evaluates additional oil targets. The company was formerly known as Cooper Energy Limited and changed its name to Amplitude Energy Limited in November 2024. Amplitude Energy Limited was incorporated in 2001 and is headquartered in Adelaide, Australia.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Amplitude Energy Limited reported revenue of A$268M in FY2025 versus A$132M in FY2021, a compound +19.5%/yr. Reported net income was −A$41.3M in FY2025.

Growth Quality 56/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
A$268M
Latest YoY
+22.4%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+9.6%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+27.6%
Avg. growth/yr (23Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+39.9%
Revenue +19.5%/yr
FY21 A$132M
FY22 A$204M
FY23 A$197M
FY24 A$219M
FY25 A$268M
Net income
FY21 −A$30.0M
FY22 −A$10.6M
FY23 −A$68.5M
FY24 −A$114M
FY25 −A$41.3M

AEL screens 46% overvalued. Compare with CNOOC Limited →

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Cite: Fair Value Calculator (2026). "Amplitude Energy Limited Fair Value". https://www.fairvalue-calculator.com/stock/AEL

Peer Group

Oil & Gas E&P · 315 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 41 · Below median
Fair Value upside −46% · Bottom 25%
Return on assets 1% · Below median
Net margin (TTM) -8% · Bottom 25%
Operating margin (TTM) 34% · Top 25%
Revenue growth 6% · Above median
Debt / equity 0.78× · Higher than 75% of peers

Valuation Multiples vs Oil & Gas E&P median · lower = cheaper

P/B 0.76× · Cheaper than median
P/S (TTM) 1.04× · Cheaper than median
P/FCF 18.4× · Pricier than median
EV/EBITDA 3.4× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 14
FUTURE 29 · sector 0
PAST 0 · sector 0
HEALTH 61 · sector 87
DIVIDEND 0 · sector 66

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

Oil & gas

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Oil & Gas E&P stocks, each showing price versus our Fair Value estimate (as of Jul 11, 2026).

Stock Price Fair Value vs Fair Value
CNOOC Limited 600938 ¥28.97 ¥32.55 +12%
ConocoPhillips explores for, COP $109.04 $91.79 -16%
Canadian Natural Resources Limited CNQ $42.86 $31.54 -26%
EOG Resources, Inc EOG $139.89 $130.19 -7%
Occidental Petroleum Corporation OXY $54.86 $30.68 -44%
Diamondback Energy, Inc FANG $183.39 $106.12 -42%
Devon Energy Corporation DVN $43.83 $27.06 -38%
Woodside Energy Group WDS A$30.46 A$20.71 -32%
EQT Corporation EQT $48.85 $42.85 -12%
Texas Pacific Land Corporation TPL $415.70 $79.20 -81%

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Frequently asked questions

Is Amplitude Energy Limited (AEL) overvalued or undervalued?
As of Jul 11, 2026, our model estimates a fair value of A$0.7900 versus a price of A$1.47, about −46% (overvalued).
What is the fair value of AEL?
Our model-based fair value for Amplitude Energy Limited is A$0.7900 (as of Jul 11, 2026), built from audited fundamentals. The current price is A$1.47.
What is the quality score of AEL?
Amplitude Energy Limited has a Quality Score of 41/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Amplitude Energy Limited (AEL)?
Amplitude Energy Limited reported trailing-twelve-month revenue of about A$276M (latest available figure, as of Jul 11, 2026).
What is the net profit margin of AEL?
The net profit margin of Amplitude Energy Limited is about -8.2%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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