ASX:VMT

Stock Analysis Report

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Executive Summary

Vmoto Limited develops, manufactures, and distributes green electric powered two-wheel vehicles worldwide.


Snowflake Analysis

Flawless balance sheet with acceptable track record.


Similar Companies

Share Price & News

How has Vmoto's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: VMT's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

4.3%

VMT

7.8%

AU Auto

4.0%

AU Market


1 Year Return

108.7%

VMT

2.2%

AU Auto

-7.0%

AU Market

Return vs Industry: VMT exceeded the Australian Auto industry which returned 2.2% over the past year.

Return vs Market: VMT exceeded the Australian Market which returned -7% over the past year.


Shareholder returns

VMTIndustryMarket
7 Day4.3%7.8%4.0%
30 Day23.1%14.7%12.2%
90 Day14.3%3.3%-2.5%
1 Year108.7%108.7%6.1%2.2%-3.1%-7.0%
3 Year281.0%281.0%-0.8%-9.1%19.0%3.3%
5 Year-49.5%-49.5%-10.6%-23.2%33.9%5.0%

Price Volatility Vs. Market

How volatile is Vmoto's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Vmoto 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: VMT (A$0.24) is trading below our estimate of fair value (A$0.61)

Significantly Below Fair Value: VMT is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: VMT is poor value based on its PE Ratio (39.1x) compared to the Auto industry average (15.4x).

PE vs Market: VMT is poor value based on its PE Ratio (39.1x) compared to the Australian market (16x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: VMT is overvalued based on its PB Ratio (3.2x) compared to the XX Auto industry average (1.2x).


Next Steps

Future Growth

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

31.6%

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 Vmoto 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.


Next Steps

Past Performance

How has Vmoto performed over the past 5 years?

-10.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VMT has high quality earnings.

Growing Profit Margin: VMT became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: VMT has become profitable over the past 5 years, growing earnings by -10.8% per year.

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

Earnings vs Industry: VMT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Auto industry (-13.8%).


Return on Equity

High ROE: VMT's Return on Equity (7.6%) is considered low.


Next Steps

Financial Health

How is Vmoto's financial position?


Financial Position Analysis

Short Term Liabilities: VMT's short term assets (A$17.2M) exceed its short term liabilities (A$7.8M).

Long Term Liabilities: VMT's short term assets (A$17.2M) exceed its long term liabilities (A$510.8K).


Debt to Equity History and Analysis

Debt Level: VMT's debt to equity ratio (12%) is considered satisfactory.

Reducing Debt: VMT's debt to equity ratio has reduced from 18.9% to 12% over the past 5 years.

Debt Coverage: VMT's debt is well covered by operating cash flow (82.5%).

Interest Coverage: VMT earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Vmoto's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

6.1yrs

Average management tenure


CEO

Charles Chen (48yo)

8.75yrs

Tenure

AU$350,000

Compensation

Mr. Yi Ting Chen, also known as Charles, has been Chief Executive Officer of Freedomotor Corporations Limited since January 5, 2007. Mr. Chen has been the Managing Director at Vmoto Limited (Alternate name ...


CEO Compensation Analysis

Compensation vs Market: Charles's total compensation ($USD244.52K) is about average for companies of similar size in the Australian market ($USD261.07K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Yiting Chen
MD & Executive Director8.75yrsAU$350.00k10.29% A$6.3m
Yin Teo
Finance Director & Director7.42yrsAU$152.48k0.34% A$209.1k
Shannon Coates
Company Secretary & Independent Non-Executive Director6.08yrsAU$50.00k0.17% A$105.1k
Marcel Koper
Europe After Sales & Service Directorno dataAU$171.69kno data
Jeffrey Wu
International Sales Manager6.08yrsAU$119.86kno data
Xiaoliang Wan
Purchasing Manager5.5yrsAU$81.52k0.18% A$110.4k
Chaohui Li
Technical Manager2.75yrsAU$42.04kno data
Susan Xie
International Sales Managerno dataAU$93.50k0.18% A$108.0k
Patrick Davin
Co-Founder and President of Strategic Business Developmentno dataAU$42.82kno data
Shuguang Han
General Manager6.08yrsAU$73.08kno data

6.1yrs

Average Tenure

48yo

Average Age

Experienced Management: VMT's management team is seasoned and experienced (6.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Yiting Chen
MD & Executive Director8.75yrsAU$350.00k10.29% A$6.3m
Yin Teo
Finance Director & Director7.42yrsAU$152.48k0.34% A$209.1k
Shannon Coates
Company Secretary & Independent Non-Executive Director6.08yrsAU$50.00k0.17% A$105.1k
Phillip Campbell
Independent Non-Executive Chairman3.08yrsAU$161.37k0.81% A$494.4k
Kaijian Chen
Independent Non-Executive Director8.75yrsAU$69.57k1.05% A$640.8k

7.4yrs

Average Tenure

51yo

Average Age

Experienced Board: VMT's board of directors are considered experienced (7.4 years average tenure).


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 diluted in the past year, with total shares outstanding growing by 14%.


Top Shareholders

Company Information

Vmoto Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Vmoto Limited
  • Ticker: VMT
  • Exchange: ASX
  • Founded:
  • Industry: Motorcycle Manufacturers
  • Sector: Automobiles
  • Market Cap: AU$60.868m
  • Shares outstanding: 253.62m
  • Website: https://www.vmoto.com

Location

  • Vmoto Limited
  • 62 Ord Street
  • Suite 5
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VMTASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJan 2002
VMTCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJan 2002

Biography

Vmoto Limited develops, manufactures, and distributes green electric powered two-wheel vehicles worldwide. The company offers its products primarily under the Vmoto, Super Soco, and E-Max brand names. Vmoto Limited is based in West Perth, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/06 10:40
End of Day Share Price2020/06/05 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.