Tethys Oil (TETY) – Analysis 2015-04-20

Financially strong and impressive book value growth last 5 years. Current oil price might be a good buy opportunity. A lot of cash on the balance sheet and have started to give cash back thru buybacks and dividend.

What is this business worth?

Asset value:
10 year average annual book value increase of 22,98%.
5 year average annual book value increase of 43,84%.
54% upside looking at the most pessimistic 10y annual average.

Earnings power value:
21% upside on 3y average.
14% downside on 5y average.

Disclosure: The author had no position when this post/analysis was written.

TETY-2015-04-20TETY 2015-04-20

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