SIX

SprintexASX:SIX Stock Report

Market Cap

AU$16.0m

7D

0%

1Y

n/a

Updated

21 Oct, 2021

Data

Company Financials
SIX fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends0/6

SIX Overview

Sprintex Limited, together with its subsidiaries, manufactures and distributes various superchargers.

Price History & Performance

Summary of all time highs, changes and price drops for Sprintex
Historical stock prices
Current Share PriceAU$0.075
52 Week HighAU$0.06
52 Week LowAU$0.14
Beta-0.44
1 Month Change-6.25%
3 Month Change7.14%
1 Year Changen/a
3 Year Change-21.05%
5 Year Changen/a
Change since IPO-99.40%

Recent News & Updates

Shareholder Returns

SIXAU Auto ComponentsAU Market
7D0%0.06%0.7%
1Yn/a26.9%21.4%

Return vs Industry: Insufficient data to determine how SIX performed against the Australian Auto Components industry.

Return vs Market: Insufficient data to determine how SIX performed against the Australian Market.

Price Volatility

Is SIX's price volatile compared to industry and market?
SIX volatility
SIX Beta-0.44
Industry Beta0.50
Market Beta1

Stable Share Price: SIX is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 17% a week.

Volatility Over Time: Insufficient data to determine SIX's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2003n/aJay Uptonhttps://www.sprintex.com.au

Sprintex Limited, together with its subsidiaries, manufactures and distributes various superchargers. It offers Sprintex twin screw superchargers and supercharger systems. The company also provides customer support, and sales and marketing services.

Sprintex Fundamentals Summary

How do Sprintex's earnings and revenue compare to its market cap?
SIX fundamental statistics
Market CapAU$16.05m
Earnings (TTM)AU$127.64k
Revenue (TTM)AU$574.85k

127.1x

P/E Ratio

28.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SIX income statement (TTM)
RevenueAU$574.85k
Cost of RevenueAU$242.02k
Gross ProfitAU$332.83k
ExpensesAU$205.20k
EarningsAU$127.64k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.00059
Gross Margin57.90%
Net Profit Margin22.20%
Debt/Equity Ratio0%

How did SIX perform over the long term?

See historical performance and comparison

Valuation

Is Sprintex undervalued compared to its fair value and its price relative to the market?

127.12x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate SIX's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate SIX's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: SIX is poor value based on its PE Ratio (127.1x) compared to the Australian Auto Components industry average (21.1x).

PE vs Market: SIX is poor value based on its PE Ratio (127.1x) compared to the Australian market (19.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SIX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SIX is overvalued based on its PB Ratio (5.6x) compared to the AU Auto Components industry average (2.8x).


Future Growth

How is Sprintex forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.0%

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 Sprintex 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 Sprintex performed over the past 5 years?

28.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SIX has a large one-off gain of A$2.5M impacting its June 30 2021 financial results.

Growing Profit Margin: SIX became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: SIX has become profitable over the past 5 years, growing earnings by 28.9% per year.

Accelerating Growth: SIX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: SIX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Auto Components industry (81%).


Return on Equity

High ROE: SIX's Return on Equity (4.5%) is considered low.


Financial Health

How is Sprintex's financial position?


Financial Position Analysis

Short Term Liabilities: SIX's short term assets (A$3.0M) exceed its short term liabilities (A$513.0K).

Long Term Liabilities: SIX's short term assets (A$3.0M) exceed its long term liabilities (A$98.1K).


Debt to Equity History and Analysis

Debt Level: SIX is debt free.

Reducing Debt: SIX currently has no debt however we can't compare to 5 years ago as we have no data for that period.

Debt Coverage: SIX has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: SIX has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Sprintex current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate SIX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SIX'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 SIX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SIX'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 SIX'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?

1.1yrs

Average board tenure


CEO

Jay Upton

1.08yrs

Tenure

AU$240,000

Compensation

Mr. Jude Benedict Upton, also known as Jay, serves as Managing Director and Director at Sprintex Limited since September 28, 2020. Mr. Upton served as the Technical Consultant of Sprintex Limited until Dec...


CEO Compensation Analysis

Compensation vs Market: Jay's total compensation ($USD180.32K) is below average for companies of similar size in the Australian market ($USD303.55K).

Compensation vs Earnings: Jay's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: SIX's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 114%.


Top Shareholders

Company Information

Sprintex Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Sprintex Limited
  • Ticker: SIX
  • Exchange: ASX
  • Founded: 2003
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: AU$16.048m
  • Shares outstanding: 213.97m
  • Website: https://www.sprintex.com.au

Location

  • Sprintex Limited
  • Unit 2/63 Furniss Road
  • Darch
  • Western Australia
  • 6065
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 07:05
End of Day Share Price2021/10/18 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.