EN DE

Rockhopper Exploration (RKH) Fair Value & Analysis

Energy · GB · Market cap 634M GBX

RE Rockhopper Exploration RKH · LSE
Price£0.7300
Fair Value£0.2900
Upside-60.3%
Quality43/100
Watch Rockhopper Exploration for free, get notified when fair value or trend changes. Watch for free

Strengths

Low debt · generates free cash flow

Risks

!Trades 60% ABOVE our fair value of £0.2900
!Weak Growth
!Thin margins · 0.0% net margin
!Trails peers (2/10)
Weak Growth
Thin margins · 0.0% net margin
Low debt · generates free cash flow
Trails peers (2/10)
Narrow moat 9/100
Evidence: Low Range £0.2500 – £0.3600 Share as image

Fair value as of: Aug 20, 2026

From 3 valuation models · updated yesterday

Fair value updated Aug 20, 2026, revised from £0.3900 to £0.2900 (−25.6%) since Aug 19, 2026. Share price −0.4% over the past month.

Below-average quality, and screening another 60% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (£0.3600). The favourable scenario is already priced in.
  • Weak quality (43/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

£0.8960 £0.0471 Fair Value £0.2900 Jun 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 20, 2026.

How to read this chart

60‑month range £0.0471 – £0.8960 · fair‑value band £0.2500 – £0.3600 · the £0.7300 price screens above the £0.2900 fair value. Dashed = 300-day average. As of Aug 20, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Rockhopper Exploration (RKH) currently trades at £0.7300, while our model-based Fair Value estimate is £0.2900, implying the stock looks roughly 60.3% overvalued today. The Quality Score stands at 43/100 (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: low).

Trailing-twelve-month revenue stands at £129K. Revenue declined 73.8% year over year. It earns a return on equity of 20.7%. The balance sheet holds a net cash position of £105M. Fundamentals as of Aug 20, 2026

Our scenario range runs from £0.2500 (bear case) to £0.3600 (bull case); at £0.7300, the current price sits above 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. For context, the median of 10 Energy peers we cover trades at -33% fair-value upside, at -60%, RKH 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 £0.3500 £0.4200 £0.5200 80
NCAV (Graham) £0.2000 £0.2700 £0.4000 50
FCF DCF £0.3500 £0.4200 £0.5300 38
All 3 models by family
DCF Models
FCF DCF £0.3500 £0.4200 £0.5300 38
Asset-Based
NCAV (Graham) £0.2000 £0.2700 £0.4000 50
Growth DCF
Growth DCF £0.3500 £0.4200 £0.5200 80

Widest divergence: DCF Models (£0.4200) versus Asset-Based (£0.2700). Highest evidence: Growth DCF (80).

Notify me when RKH reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 129K GBX
Revenue growth (YoY) -73.8%
Return on equity -12.8%
Free cash flow 23.8M GBX FY2025
EPS (TTM) £-0.0400
Net cash 105M GBX FY2025

Figures from reported company fundamentals · as of Aug 20, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 43/100

Of which business quality 53 · Market factors (momentum, volatility) 44

Profitability 0
Margins and returns on capital today
Quality Growth 25
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 90
Balance sheet, leverage, solvency risk
Investment 0
Disciplined investing over empire-building
Low Volatility 64
Calm price path (market factor)
Momentum 36
Price trend over the last 3–12 months (market factor)
52W Momentum 37
Distance to the 52-week high (market factor)
Net Issuance 74
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

Rockhopper Exploration plc, an oil and gas exploration and production company, engages in the exploration, appraisal, and development of oil and gas acreage. It has operations in the Falkland Islands, the Greater Mediterranean, the Ombrina Mare Arbitration, the United Kingdom, and Italy.

Full company description

Rockhopper Exploration plc, an oil and gas exploration and production company, engages in the exploration, appraisal, and development of oil and gas acreage. It has operations in the Falkland Islands, the Greater Mediterranean, the Ombrina Mare Arbitration, the United Kingdom, and Italy. The company was incorporated in 2004 and is headquartered in Wiltshire, the United Kingdom.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Rockhopper Exploration reported revenue of £0 in FY2025 versus £839K in FY2021. Reported net income was −£40.5M in FY2025.

Growth Quality 25/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2022)
£652K
Latest YoY
−22.3%
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.
−60.2%
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.
−42.5%
Avg. growth/yr (9Y) 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.
−21.8%
Revenue
FY21 £839K
FY22 £652K
FY23 £0
FY24 £0
FY25 £0
Net income
FY21 −£7.8M
FY22 £35.5M
FY23 −£4.6M
FY24 £47.6M
FY25 −£40.5M

RKH screens 60% overvalued. Compare with CNOOC Limited →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Rockhopper Exploration Fair Value". https://www.fairvalue-calculator.com/stock/RKH

Peer Group

Oil & Gas E&P · 328 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 43 · Below median
Fair Value upside −60% · Bottom 25%
Return on assets -1% · Below median
Net margin (TTM) 0% · Above median
Operating margin (TTM) 0% · Below median
Revenue growth -74% · Bottom 25%
Debt / equity 0.15× · Lower than median

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

P/B 2.49× · Pricier than 75% of peers
P/FCF 36.4× · Pricier 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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 13
FUTURE0 · sector 0
PAST0 · sector 0
HEALTH92 · sector 88
DIVIDEND0 · sector 57

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

Similar stocks

10 more Oil & Gas E&P stocks, each showing price versus our Fair Value estimate (as of Aug 20, 2026).

Stock Price Fair Value vs Fair Value
CNOOC Limited 600938 ¥32.85 ¥32.55 -1%
ConocoPhillips explores for, COP $126.78 $90.15 -29%
Canadian Natural Resources Limited CNQ C$66.38 C$44.23 -33%
EOG Resources, Inc EOG $143.14 $130.19 -9%
Occidental Petroleum Corporation OXY $58.55 $30.06 -49%
Diamondback Energy, Inc FANG $210.02 $105.24 -50%
Devon Energy Corporation DVN $44.86 $27.06 -40%
Woodside Energy Group WDS A$32.55 A$20.71 -36%
EQT Corporation EQT $54.06 $42.85 -21%
Texas Pacific Land Corporation TPL $342.77 $77.26 -77%

Compare Rockhopper Exploration with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Energy stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Discover undervalued stocks

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screener Filter by region, size and sector Compare tool Two stocks side by side Evidence & backtest 34 years, survivorship-adjusted Financial calculators DCF, Graham, PEG and more

Frequently asked questions

Is Rockhopper Exploration (RKH) overvalued or undervalued?
As of Aug 20, 2026, our model estimates a fair value of £0.2900 versus a price of £0.7300, about −60% (overvalued).
What is the fair value of RKH?
Our model-based fair value for Rockhopper Exploration is £0.2900 (as of Aug 20, 2026), built from audited fundamentals. The current price: £0.7300.
What is the quality score of RKH?
Rockhopper Exploration has a Quality Score of 43/100. 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 Rockhopper Exploration (RKH)?
Rockhopper Exploration reported trailing-twelve-month revenue of about £129K (latest available figure, as of Aug 20, 2026).
What is the net profit margin of RKH?
The net profit margin of Rockhopper Exploration is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. 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.

14 days Pro free · no card

Track Rockhopper Exploration and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.