| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
ABV Stock Overview
Advanced Braking Technology Limited researches, designs, develops, manufactures, commercializes, and sells braking solutions worldwide.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.038 |
| 52 Week High | AU$0.05 |
| 52 Week Low | AU$0.027 |
| Beta | 0.61 |
| 1 Month Change | 8.57% |
| 3 Month Change | 15.15% |
| 1 Year Change | -7.32% |
| 3 Year Change | 90.00% |
| 5 Year Change | -36.67% |
| Change since IPO | -97.89% |
Recent News & Updates
With EPS Growth And More, Advanced Braking Technology (ASX:ABV) Is Interesting
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Advanced Braking Technology Limited's (ASX:ABV) Business Is Yet to Catch Up With Its Share Price
There wouldn't be many who think Advanced Braking Technology Limited's ( ASX:ABV ) price-to-earnings (or "P/E") ratio...
Shareholder Returns
| ABV | AU Auto Components | AU Market | |
|---|---|---|---|
| 7D | 0% | -2.3% | -2.8% |
| 1Y | -7.3% | 13.1% | 5.8% |
Return vs Industry: ABV underperformed the Australian Auto Components industry which returned 13.1% over the past year.
Return vs Market: ABV underperformed the Australian Market which returned 5.8% over the past year.
Price Volatility
| ABV volatility | |
|---|---|
| ABV Average Weekly Movement | 12.6% |
| Auto Components Industry Average Movement | 5.8% |
| Market Average Movement | 8.6% |
| 10% most volatile stocks in AU Market | 15.4% |
| 10% least volatile stocks in AU Market | 3.7% |
Stable Share Price: ABV is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: ABV's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2001 | 15 | Andrew Booth | https://www.advancedbraking.com |
Advanced Braking Technology Limited researches, designs, develops, manufactures, commercializes, and sells braking solutions worldwide. The company offers braking solutions for light, heavy, defense, and electric vehicles, as well as autonomous vehicle emergency braking and brake controllers under the ABT Failsafe, Terra Dura, and ABT Failsafe Emergency brand names. It also provides installation and maintenance services.
Advanced Braking Technology Fundamentals Summary
| ABV fundamental statistics | |
|---|---|
| Market Cap | AU$14.41m |
| Earnings (TTM) | AU$620.00k |
| Revenue (TTM) | AU$9.70m |
23.3x
P/E Ratio1.5x
P/S RatioIs ABV overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ABV income statement (TTM) | |
|---|---|
| Revenue | AU$9.70m |
| Cost of Revenue | AU$5.52m |
| Gross Profit | AU$4.19m |
| Expenses | AU$3.57m |
| Earnings | AU$620.00k |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.0016 |
| Gross Margin | 43.14% |
| Net Profit Margin | 6.39% |
| Debt/Equity Ratio | 4.5% |
How did ABV perform over the long term?
See historical performance and comparisonValuation
Is Advanced Braking Technology undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ABV (A$0.04) is trading below our estimate of fair value (A$0.51)
Significantly Below Fair Value: ABV is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ABV is good value based on its PE Ratio (23.3x) compared to the Australian Auto Components industry average (25.6x).
PE vs Market: ABV is poor value based on its PE Ratio (23.3x) compared to the Australian market (18.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ABV's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ABV is good value based on its PB Ratio (3.1x) compared to the AU Auto Components industry average (3.9x).
Future Growth
How is Advanced Braking Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
24.5%
Forecasted Automobiles industry annual growth in earnings
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 SimplyWall St do have past financial data.
Past Performance
How has Advanced Braking Technology performed over the past 5 years?
35.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ABV has a large one-off gain of A$104.0K impacting its June 30 2021 financial results.
Growing Profit Margin: ABV's current net profit margins (6.4%) are higher than last year (2%).
Past Earnings Growth Analysis
Earnings Trend: ABV has become profitable over the past 5 years, growing earnings by 35.5% per year.
Accelerating Growth: ABV's earnings growth over the past year (262.6%) exceeds its 5-year average (35.5% per year).
Earnings vs Industry: ABV earnings growth over the past year (262.6%) exceeded the Auto Components industry 81%.
Return on Equity
High ROE: ABV's Return on Equity (13.1%) is considered low.
Financial Health
How is Advanced Braking Technology's financial position?
Financial Position Analysis
Short Term Liabilities: ABV's short term assets (A$5.4M) exceed its short term liabilities (A$1.7M).
Long Term Liabilities: ABV's short term assets (A$5.4M) exceed its long term liabilities (A$424.0K).
Debt to Equity History and Analysis
Debt Level: ABV has more cash than its total debt.
Reducing Debt: ABV's debt to equity ratio has reduced from 97.4% to 4.5% over the past 5 years.
Debt Coverage: ABV's debt is well covered by operating cash flow (566.4%).
Interest Coverage: ABV's interest payments on its debt are well covered by EBIT (7.8x coverage).
Balance Sheet
Dividend
What is Advanced Braking Technology current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ABV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ABV's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ABV's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ABV's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ABV's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.3yrs
Average management tenure
CEO
Andrew Booth
no data
Tenure
Mr. Andrew Booth serves as Director of Strategy & Commercial of Advanced Braking Technology Limited since December 6, 2020 and serves as its Acting Chief Executive Officer since January 13, 2022.
Leadership Team
Experienced Management: ABV's management team is considered experienced (2.3 years average tenure).
Board Members
Experienced Board: ABV's board of directors are considered experienced (6.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ABV insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Advanced Braking Technology Limited's employee growth, exchange listings and data sources
Key Information
- Name: Advanced Braking Technology Limited
- Ticker: ABV
- Exchange: ASX
- Founded: 2001
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Implied Market Cap: AU$14.408m
- Shares outstanding: 379.15m
- Website: https://www.advancedbraking.com
Number of Employees
Location
- Advanced Braking Technology Limited
- 19 Creative Street
- Wangara
- Western Australia
- 6065
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/22 07:01 |
| End of Day Share Price | 2022/01/14 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
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.