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Advanced Braking Technology

ASX:ABV
Snowflake Description

Imperfect balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ABV
ASX
A$5M
Market Cap
  1. Home
  2. AU
  3. Automobiles
Company description

Advanced Braking Technology Limited researches, designs, develops, engineers, manufactures, commercializes, and sells braking systems and brake parts worldwide. The last earnings update was 118 days ago. More info.


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  • Advanced Braking Technology has significant price volatility in the past 3 months.
ABV Share Price and Events
7 Day Returns
-14.3%
ASX:ABV
2.5%
AU Auto Components
2.1%
AU Market
1 Year Returns
-40%
ASX:ABV
-15%
AU Auto Components
5.6%
AU Market
ABV Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Advanced Braking Technology (ABV) -14.3% 12.5% 50% -40% -74.3% -74.3%
AU Auto Components 2.5% -1.8% 1.3% -15% 21.5% 58%
AU Market 2.1% 3.3% 8.4% 5.6% 27.8% 15.1%
1 Year Return vs Industry and Market
  • ABV underperformed the Auto Components industry which returned -15% over the past year.
  • ABV underperformed the Market in Australia which returned 5.6% over the past year.
Price Volatility
ABV
Industry
5yr Volatility vs Market

Value

 Is Advanced Braking Technology undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Advanced Braking Technology. This is due to cash flow or dividend data being unavailable. The share price is A$0.018.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Advanced Braking Technology's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Advanced Braking Technology's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:ABV PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$-0.01
ASX:ABV Share Price ** ASX (2019-06-25) in AUD A$0.02
Global Auto Components Industry PE Ratio Median Figure of 196 Publicly-Listed Auto Components Companies 13.74x
Australia Market PE Ratio Median Figure of 546 Publicly-Listed Companies 16.07x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Advanced Braking Technology.

ASX:ABV PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:ABV Share Price ÷ EPS (both in AUD)

= 0.02 ÷ -0.01

-2.08x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Advanced Braking Technology is loss making, we can't compare its value to the Global Auto Components industry average.
  • Advanced Braking Technology is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Advanced Braking Technology's expected growth come at a high price?
Raw Data
ASX:ABV PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.08x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Global Auto Components Industry PEG Ratio Median Figure of 101 Publicly-Listed Auto Components Companies 0.94x
Australia Market PEG Ratio Median Figure of 360 Publicly-Listed Companies 1.38x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Advanced Braking Technology, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Advanced Braking Technology's assets?
Raw Data
ASX:ABV PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.01
ASX:ABV Share Price * ASX (2019-06-25) in AUD A$0.02
Australia Auto Components Industry PB Ratio Median Figure of 6 Publicly-Listed Auto Components Companies 3.4x
Australia Market PB Ratio Median Figure of 1,689 Publicly-Listed Companies 1.64x
ASX:ABV PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:ABV Share Price ÷ Book Value per Share (both in AUD)

= 0.02 ÷ 0.01

2.1x

* Primary Listing of Advanced Braking Technology.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Advanced Braking Technology is good value based on assets compared to the AU Auto Components industry average.
X
Value checks
We assess Advanced Braking Technology's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Auto Components industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Auto Components industry average (and greater than 0)? (1 check)
  5. Advanced Braking Technology has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Advanced Braking Technology expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Advanced Braking Technology has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
11.4%
Expected Auto Components industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Advanced Braking Technology expected to grow at an attractive rate?
  • Unable to compare Advanced Braking Technology's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Advanced Braking Technology's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Advanced Braking Technology's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:ABV Future Growth Rates Data Sources
Data Point Source Value (per year)
Global Auto Components Industry Earnings Growth Rate Market Cap Weighted Average 11.4%
Global Auto Components Industry Revenue Growth Rate Market Cap Weighted Average 5.8%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.9%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:ABV Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:ABV Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 7 -2 -2
2018-09-30 7 -2 -2
2018-06-30 7 -2 -2
2018-03-31 7 -1 -1
2017-12-31 7 -1 -1
2017-09-30 7 -1 -1
2017-06-30 7 -1 -1
2017-03-31 6 -1 -1
2016-12-31 5 -1 -1
2016-09-30 5 -2 -1
2016-06-30 5 -2 -2
2016-03-31 5 -2 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Advanced Braking Technology is high growth as no earnings estimate data is available.
  • Unable to determine if Advanced Braking Technology is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:ABV Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Advanced Braking Technology Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:ABV Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 -0.01
2018-09-30 -0.01
2018-06-30 -0.01
2018-03-31 -0.01
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 -0.01
2016-09-30 -0.01
2016-06-30 -0.01
2016-03-31 -0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Advanced Braking Technology will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Advanced Braking Technology's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Automobiles companies here
  2. Advanced Braking Technology's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Advanced Braking Technology's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Global market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Global market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Advanced Braking Technology has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Advanced Braking Technology performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Advanced Braking Technology's growth in the last year to its industry (Auto Components).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Advanced Braking Technology does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Advanced Braking Technology's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Advanced Braking Technology's 1-year growth to the Global Auto Components industry average as it is not currently profitable.
Earnings and Revenue History
Advanced Braking Technology's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Advanced Braking Technology Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:ABV Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 6.95 -2.26 4.29
2018-09-30 6.97 -1.96 4.26
2018-06-30 6.98 -1.66 4.23
2018-03-31 7.14 -1.21 4.06
2017-12-31 7.32 -0.77 3.89
2017-09-30 7.05 -0.67 3.66
2017-06-30 6.79 -0.57 3.43
2017-03-31 6.12 -0.90 3.41
2016-12-31 5.46 -1.24 3.39
2016-09-30 4.99 -1.50 3.46
2016-06-30 4.52 -1.76 3.52
2016-03-31 4.82 -1.50 3.48
2015-12-31 5.12 -1.24 3.45
2015-09-30 5.61 -2.00 3.51
2015-06-30 6.11 -2.76 3.57
2015-03-31 5.89 -5.30 4.24
2014-12-31 5.67 -7.85 4.90
2014-09-30 5.11 -7.69 5.62
2014-06-30 4.55 -7.54 6.33
2014-03-31 4.90 -4.89 6.39
2013-12-31 5.26 -2.25 6.45
2013-09-30 5.66 -1.58 6.37
2013-06-30 6.06 -0.92 6.30
2013-03-31 5.80 -0.89 6.11
2012-12-31 5.55 -0.86 5.92
2012-09-30 5.92 -0.49 5.64
2012-06-30 6.30 -0.12 5.36

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Advanced Braking Technology has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Advanced Braking Technology has efficiently used its assets last year compared to the Global Auto Components industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Advanced Braking Technology improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Advanced Braking Technology's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Auto Components industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Advanced Braking Technology has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Advanced Braking Technology's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Advanced Braking Technology's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Advanced Braking Technology is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Advanced Braking Technology's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Advanced Braking Technology's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 3.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Advanced Braking Technology Company Filings, last reported 5 months ago.

ASX:ABV Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 2.55 1.43 1.03
2018-09-30 2.55 1.43 1.03
2018-06-30 2.35 1.80 0.63
2018-03-31 2.35 1.80 0.63
2017-12-31 3.41 0.02 1.49
2017-09-30 3.41 0.02 1.49
2017-06-30 3.86 1.25 1.73
2017-03-31 3.86 1.25 1.73
2016-12-31 4.02 1.83 3.07
2016-09-30 4.02 1.83 3.07
2016-06-30 1.91 1.89 0.89
2016-03-31 1.91 1.89 0.89
2015-12-31 2.45 2.23 1.79
2015-09-30 2.45 2.23 1.79
2015-06-30 1.34 2.30 1.51
2015-03-31 1.34 2.30 1.51
2014-12-31 1.67 2.54 1.94
2014-09-30 1.67 2.54 1.94
2014-06-30 3.44 2.96 1.99
2014-03-31 3.44 2.96 1.99
2013-12-31 7.01 0.00 1.58
2013-09-30 7.01 0.00 1.58
2013-06-30 9.10 0.00 1.20
2013-03-31 9.10 0.00 1.20
2012-12-31 9.17 0.00 1.85
2012-09-30 9.17 0.00 1.85
2012-06-30 9.65 0.00 2.93
  • Advanced Braking Technology's level of debt (59.3%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (40.6% vs 59.3% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Advanced Braking Technology has less than a year of cash runway based on current free cash flow.
  • Advanced Braking Technology has less than a year of cash runway if free cash flow continues to reduce at historical rates of -1.3% each year.
X
Financial health checks
We assess Advanced Braking Technology's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Advanced Braking Technology has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Advanced Braking Technology's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Advanced Braking Technology dividends.
If you bought A$2,000 of Advanced Braking Technology shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Advanced Braking Technology's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Advanced Braking Technology's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:ABV Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Global Auto Components Industry Average Dividend Yield Market Cap Weighted Average of 151 Stocks 2.8%
Australia Market Average Dividend Yield Market Cap Weighted Average of 416 Stocks 4%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.6%
Australia Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Advanced Braking Technology has not reported any payouts.
  • Unable to verify if Advanced Braking Technology's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Advanced Braking Technology's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Advanced Braking Technology has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Advanced Braking Technology's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Advanced Braking Technology afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Advanced Braking Technology has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Advanced Braking Technology's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
John Annand
TENURE AS CEO 0.5 years
CEO Bio

Mr. John Douglas Annand has been Chief Executive Officer of Advanced Braking Technology Limited since December 3, 2018. Mr. Annand served as the Chief Financial Officer of Advanced Braking Technology Limited since August 2018 until December 3, 2018. Mr. Annand has significant experience in executive finance and operations roles with ASX-listed and multi-national resources and pharmaceutical companies. Mr. Annand served as the Chief Financial Officer at Norwest Energy NL since June 30, 2014 and served as its Acting Chief Executive Officer and General Manager of Corporate & Commercial until July 11, 2016. He served as Chief Operations Officer at AusCann Group Holdings Limited. Mr. Annand served as Company Secretary of Norwest Energy NL since June 30, 2014 until July 18, 2016. He joined Norwest in July 2013 as Commercial Manager. During the past year, Mr. Annand has worked closely with the executive management team and Norwest's joint venture partners in developing strategies to unlock the potential of Norwest's permits. Mr. Annand worked at Woodside Energy for 16 years, where he held a umber of commercial and financial roles, within the North West Shelf Venture. Mr. Annand worked at PricewaterhouseCoopers, KPMG and NAB and is a qualified Chartered Accountant.

CEO Compensation
  • Insufficient data for John to compare compensation growth.
  • Insufficient data for John to establish whether their remuneration is reasonable compared to companies of similar size in Australia.
Management Team Tenure

Average tenure of the Advanced Braking Technology management team in years:

0.7
Average Tenure
  • The average tenure for the Advanced Braking Technology management team is less than 2 years, this suggests a new team.
Management Team

Sarah Murdoch

TITLE
Manager of Supply Chain
COMPENSATION
A$126K
TENURE
1.5 yrs

John Annand

TITLE
Chief Executive Officer
TENURE
0.5 yrs

Geoff Lewis

TITLE
Sales Director
TENURE
0.4 yrs

Kaitlin Smith

TITLE
Company Secretary
TENURE
0.8 yrs
Board of Directors Tenure

Average tenure of the Advanced Braking Technology board of directors in years:

4.1
Average Tenure
  • The tenure for the Advanced Braking Technology board of directors is about average.
Board of Directors

Dagmar Parsons

TITLE
Chairman of the Board
COMPENSATION
A$11
TENURE
1 yrs

Adam Levine

TITLE
Non-Executive Director
COMPENSATION
A$60
TENURE
6.2 yrs

David Slack

TITLE
Non-Executive Director
COMPENSATION
A$5
TENURE
9.8 yrs

Mark Lindh

TITLE
Non-Executive Director
COMPENSATION
A$61
TENURE
2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
29. Mar 19 Buy Keith Knowles Individual 06. Nov 18 14. Mar 19 7,007,510 A$0.02 A$121,127
29. Mar 19 Buy Parks Australia Proprietary Limited Company 04. Dec 18 21. Feb 19 58,249,928 A$0.02 A$164,136
21. Dec 18 Buy David Slack Individual 20. Dec 18 20. Dec 18 500,000 A$0.02 A$9,000
26. Oct 18 Buy Keith Knowles Individual 15. Dec 17 12. Oct 18 11,519,638 A$0.04 A$444,960
26. Oct 18 Buy Parks Australia Proprietary Limited Company 19. Dec 17 12. Oct 18 9,623,940 A$0.04 A$397,159
12. Oct 18 Buy Dagmar Parsons Individual 08. Oct 18 08. Oct 18 500,000 A$0.02 A$10,001
11. Oct 18 Buy Mark Lindh Individual 08. Oct 18 08. Oct 18 500,000 A$0.02 A$10,001
15. Aug 18 Buy Adam Levine Individual 10. Aug 18 10. Aug 18 194,445 A$0.02 A$3,890
15. Aug 18 Buy Mark Lindh Individual 10. Aug 18 10. Aug 18 633,333 A$0.02 A$12,670
X
Management checks
We assess Advanced Braking Technology's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Advanced Braking Technology has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Need To Know: Advanced Braking Technology Limited (ASX:ABV) Insiders Have Been Buying Shares

As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.' Check out our latest analysis for Advanced Braking Technology The Last 12 Months Of Insider Transactions At Advanced Braking Technology Keith Knowles made the biggest insider purchase in the last 12 months. … In the last twelve months Advanced Braking Technology insiders were buying shares, but not selling. … Insiders at Advanced Braking Technology Have Bought Stock Recently Over the last three months, we've seen significant insider buying at Advanced Braking Technology.

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How Much Of Advanced Braking Technology Limited (ASX:ABV) Do Insiders Own?

As Charlie Munger said 'Show me the incentive and I will show you the outcome.' With a market capitalization of AU$2.1m, Advanced Braking Technology is a small cap stock, so it might not be well known by many institutional investors. … Check out our latest analysis for Advanced Braking Technology ASX:ABV Ownership Summary, May 13th 2019 What Does The Institutional Ownership Tell Us About Advanced Braking Technology? … Insider Ownership Of Advanced Braking Technology The definition of an insider can differ slightly between different countries, but members of the board of directors always count.

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Imagine Owning Advanced Braking Technology (ASX:ABV) And Trying To Stomach The 86% Share Price Drop

For example, we sympathize with anyone who was caught holding Advanced Braking Technology Limited (ASX:ABV) during the five years that saw its share price drop a whopping 86%. … Because Advanced Braking Technology is loss-making, we think the market is probably more focussed on revenue and revenue growth, at least for now. … Over five years, Advanced Braking Technology grew its revenue at 8.0% per year.

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What does Advanced Braking Technology Limited's (ASX:ABV) Balance Sheet Tell Us About Its Future?

While small-cap stocks, such as Advanced Braking Technology Limited (ASX:ABV) with its market cap of AU$5.3m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … the current state of its operations and pathway to profitability.

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What You Must Know About Advanced Braking Technology Limited's (ASX:ABV) Financial Strength

Investors are always looking for growth in small-cap stocks like Advanced Braking Technology Limited (ASX:ABV), with a market cap of AU$6.67m. … However, an important fact which most ignore is: how financially healthy is the business?

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Why Advanced Braking Technology Limited's (ASX:ABV) Investor Composition Impacts Your Returns

Check out our latest analysis for Advanced Braking Technology ASX:ABV Ownership_summary May 9th 18 Institutional Ownership Institutional investors transact in large blocks which can influence the momentum of stock prices, at least in the short-term, especially when there is a low level of public shares available on the market to trade. … ASX:ABV Insider_trading May 9th 18 General Public Ownership The general public holds a substantial 51.16% stake in ABV, making it a highly popular stock among retail investors. … Thus, potential investors should look into these business relations and check how it can impact long-term shareholder returns.Next Steps: Institutional ownership level and composition in ABV is not high nor active enough to significantly impact its investment thesis.

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Advanced Braking Technology Limited (ASX:ABV): Time For A Financial Health Check

ABV has shrunken its total debt levels in the last twelve months, from AU$1.95M to AU$1.37M – this includes both the current and long-term debt. … Moving onto cash from operations, its small level of operating cash flow means calculating cash-to-debt wouldn't be too useful, though these low levels of cash means that operational efficiency is worth a look. … Investors' risk associated with debt is very low with ABV, and the company has plenty of headroom and ability to raise debt should it need to in the future.Next Steps: ABV’s cash flow coverage indicates it could improve its operating efficiency in order to meet demand for debt repayments should unforeseen events arise.

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Has Advanced Braking Technology Limited (ASX:ABV) Improved Earnings Growth In Recent Times?

After looking at Advanced Braking Technology Limited's (ASX:ABV) latest earnings announcement (31 December 2017), I found it useful to revisit the company's performance in the past couple of years and assess this against the most recent figures. … View our latest analysis for Advanced Braking Technology How ABV fared against its long-term earnings performance and its industry I use data from the most recent 12 months, which either annualizes the most recent 6-month earnings update, or in some cases, the most recent annual report is already the latest available financial data. … ASX:ABV Income Statement Mar 21st 18 We can further assess Advanced Braking Technology's loss by looking at what the industry has been experiencing over the past few years.

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How Much Cash Is Left In The Bank For Advanced Braking Technology Limited (ASX:ABV)?

Check out our latest analysis for Advanced Braking Technology What is cash burn? … ASX:ABV Income Statement Feb 2nd 18 When will Advanced Braking Technology need to raise more cash? … Although this is a relatively simplistic calculation, and Advanced Braking Technology may continue to reduce its costs further or raise debt capital instead of coming to equity markets, the outcome of this analysis still helps us understand how sustainable the Advanced Braking Technology’s operation is, and when things may have to change.

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Is Advanced Braking Technology Limited (ASX:ABV) Still A Cheap Automobile Stock?

Advanced Braking Technology Limited (ASX:ABV), a A$13.34M small-cap, is an automobile company operating in an industry which is a major consumer of key commodities such as copper and steel, making the car manufacturers and suppliers significant players in the global economy. … Today, I will analyse the industry outlook, and also determine whether Advanced Braking Technology is a laggard or leader relative to its automobile sector peers. … See our latest analysis for Advanced Braking Technology What’s the catalyst for Advanced Braking Technology's sector growth?

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Company Info

Description

Advanced Braking Technology Limited researches, designs, develops, engineers, manufactures, commercializes, and sells braking systems and brake parts worldwide. The company offers service, parking, and emergency sealed integrated braking systems for light commercial, underground mining, and heavy vehicles under the Terra Dura, ABT Failsafe, and ABT Failsafe Emergency brand names. It also provides installation and maintenance services. The company was founded in 1999 and is headquartered in Wangara, Australia.

Details
Name: Advanced Braking Technology Limited
ABV
Exchange: ASX
Founded: 1999
A$5,346,896
297,049,796
Website: http://www.advancedbraking.com
Address: Advanced Braking Technology Limited
19 Creative Street,
Wangara,
Western Australia, 6065,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX ABV Ordinary Shares Australian Securities Exchange AU AUD 28. May 2002
Number of employees
Current staff
Staff numbers
18
Advanced Braking Technology employees.
Industry
Auto Parts and Equipment
Automobiles
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/26 01:25
End of day share price update: 2019/06/25 00:00
Last earnings filing: 2019/02/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.