Advanced Braking Technology Limited researches, designs, develops, engineers, manufactures, commercializes, and sells braking systems and brake parts in Australia and internationally.
+ 1 more risk
Flawless balance sheet and overvalued.
Share Price & News
How has Advanced Braking Technology's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ABV's share price has been volatile over the past 3 months.
7 Day Return
AU Auto Components
1 Year Return
AU Auto Components
Return vs Industry: ABV exceeded the Australian Auto Components industry which returned -18.9% over the past year.
Return vs Market: ABV exceeded the Australian Market which returned -16.2% over the past year.
Price Volatility Vs. Market
How volatile is Advanced Braking Technology's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StWhat Type Of Shareholder Owns Advanced Braking Technology Limited's (ASX:ABV)?
1 month ago | Simply Wall StInterested In Advanced Braking Technology Limited (ASX:ABV)? Here's How It Performed Recently
2 months ago | Simply Wall StIntroducing Advanced Braking Technology (ASX:ABV), The Stock That Slid 61% In The Last Five Years
Is Advanced Braking Technology undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate ABV's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ABV's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ABV is unprofitable, so we can't compare its PE Ratio to the Auto Components industry average.
PE vs Market: ABV is unprofitable, so we can't compare its PE Ratio to the Australian market.
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 (2.1x) compared to the AU Auto Components industry average (2.6x).
How is Advanced Braking Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Examine Advanced Braking Technology's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Advanced Braking Technology competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Automobiles industry.
How has Advanced Braking Technology performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ABV is currently unprofitable.
Growing Profit Margin: ABV is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ABV is unprofitable, but has reduced losses over the past 5 years at a rate of 30.6% per year.
Accelerating Growth: Unable to compare ABV's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ABV is unprofitable, making it difficult to compare its past year earnings growth to the Auto Components industry (-13.2%).
Return on Equity
High ROE: ABV has a negative Return on Equity (-13.94%), as it is currently unprofitable.
How is Advanced Braking Technology's financial position?
Financial Position Analysis
Short Term Liabilities: ABV's short term assets (A$4.3M) exceed its short term liabilities (A$1.6M).
Long Term Liabilities: ABV's short term assets (A$4.3M) exceed its long term liabilities (A$512.0K).
Debt to Equity History and Analysis
Debt Level: ABV's debt to equity ratio (2.4%) is considered satisfactory.
Reducing Debt: ABV's debt to equity ratio has reduced from 136.8% to 2.4% over the past 5 years.
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.
Stable Cash Runway: ABV has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: ABV has sufficient cash runway for 1.9 years if free cash flow continues to grow at historical rates of 10.8% each year.
What is Advanced Braking Technology's 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 payouts.
High Dividend: Unable to evaluate ABV's dividend yield against the top 25% of dividend payers, as the company has not reported any 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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
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 Limit ...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD159.68K) is below average for companies of similar size in the Australian market ($USD238.47K).
Compensation vs Earnings: Insufficient data to compare John's compensation with company performance.
|Chief Executive Officer||1.33yrs||AU$262.00k||no data|
|Chief Financial Officer||0.50yr||AU$116.77k||no data|
|Company Secretary||1.67yrs||no data||no data|
|Manager of Supply Chain||2.33yrs||AU$125.88k||no data|
Experienced Management: ABV's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
|Non-Executive Director||10.58yrs||no data||17.84% A$1.3m|
|Non-Executive Director||2.83yrs||AU$60.00m||0.80% A$57.6k|
|Non-Executive Director||7yrs||AU$60.00m||0.21% A$14.8k|
|Chairman of the Board||1.83yrs||AU$94.00m||0.13% A$9.5k|
Experienced Board: ABV's board of directors are considered experienced (4.9 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9.6%.
Advanced Braking Technology Limited's company bio, employee growth, exchange listings and data sources
- Name: Advanced Braking Technology Limited
- Ticker: ABV
- Exchange: ASX
- Founded: 1999
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: AU$7.204m
- Shares outstanding: 379.15m
- Website: https://www.advancedbraking.com
Number of Employees
- Advanced Braking Technology Limited
- 19 Creative Street
- Western Australia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ABV||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||May 2002|
|ABV||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||May 2002|
Advanced Braking Technology Limited researches, designs, develops, engineers, manufactures, commercializes, and sells braking systems and brake parts in Australia and internationally. 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.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/07 10:35|
|End of Day Share Price||2020/04/07 00:00|
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.