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VMT

VmotoASX:VMT Stock Report

Market Cap

AU$119.8m

7D

-2.3%

1Y

-2.3%

Updated

28 Nov, 2021

Data

Company Financials +
VMT fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance5/6
Financial Health6/6
Dividends0/6

VMT Stock Overview

Vmoto Limited, together with its subsidiaries, engages in the design, manufacture, marketing, and distribution of electric two-wheel vehicles worldwide.

Vmoto Competitors

Yadea Group Holdings

SEHK:1585

HK$37.8b

Niu Technologies

NasdaqGM:NIU

US$1.5b

Price History & Performance

Summary of all time highs, changes and price drops for Vmoto
Historical stock prices
Current Share PriceAU$0.43
52 Week HighAU$0.58
52 Week LowAU$0.33
Beta0.48
1 Month Change3.61%
3 Month Change28.36%
1 Year Change-2.27%
3 Year Change855.56%
5 Year Change473.33%
Change since IPO-81.30%

Recent News & Updates

Jun 28
I Ran A Stock Scan For Earnings Growth And Vmoto (ASX:VMT) Passed With Ease

I Ran A Stock Scan For Earnings Growth And Vmoto (ASX:VMT) Passed With Ease

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

May 14
Vmoto (ASX:VMT) Has Some Difficulty Using Its Capital Effectively

Vmoto (ASX:VMT) Has Some Difficulty Using Its Capital Effectively

What financial metrics can indicate to us that a company is maturing or even in decline? Typically, we'll see the trend...

Apr 12
Calculating The Intrinsic Value Of Vmoto Limited (ASX:VMT)

Calculating The Intrinsic Value Of Vmoto Limited (ASX:VMT)

In this article we are going to estimate the intrinsic value of Vmoto Limited ( ASX:VMT ) by projecting its future cash...

Mar 24
Here's Why I Think Vmoto (ASX:VMT) Is An Interesting Stock

Here's Why I Think Vmoto (ASX:VMT) Is An Interesting Stock

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

Shareholder Returns

VMTAU AutoAU Market
7D-2.3%-4.2%-1.6%
1Y-2.3%42.2%11.8%

Return vs Industry: VMT underperformed the Australian Auto industry which returned 42.2% over the past year.

Return vs Market: VMT underperformed the Australian Market which returned 11.8% over the past year.

Price Volatility

Is VMT's price volatile compared to industry and market?
VMT volatility
VMT Average Weekly Movement8.0%
Auto Industry Average Movement5.2%
Market Average Movement8.3%
10% most volatile stocks in AU Market15.8%
10% least volatile stocks in AU Market3.7%

Stable Share Price: VMT is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: VMT's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2001n/aCharles Chenhttps://www.vmoto.com

Vmoto Limited, together with its subsidiaries, engages in the design, manufacture, marketing, and distribution of electric two-wheel vehicles worldwide. Its electric two-wheel vehicles include electric mopeds and motorcycles. The company offers its products primarily under the Vmoto, Super Soco, and E-Max brand names.

Vmoto Fundamentals Summary

How do Vmoto's earnings and revenue compare to its market cap?
VMT fundamental statistics
Market CapAU$119.76m
Earnings (TTM)AU$5.94m
Revenue (TTM)AU$74.17m

20.1x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
VMT income statement (TTM)
RevenueAU$74.17m
Cost of RevenueAU$54.74m
Gross ProfitAU$19.43m
ExpensesAU$13.48m
EarningsAU$5.94m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.021
Gross Margin26.19%
Net Profit Margin8.02%
Debt/Equity Ratio0%

How did VMT perform over the long term?

See historical performance and comparison

Valuation

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

45.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: VMT (A$0.43) is trading below our estimate of fair value (A$0.79)

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 (20.1x) compared to the Global Auto industry average (14.6x).

PE vs Market: VMT is poor value based on its PE Ratio (20.1x) compared to the Australian market (18.7x).


Price to Earnings Growth Ratio

PEG Ratio: VMT is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: VMT is overvalued based on its PB Ratio (3x) compared to the XX Auto industry average (2.1x).


Future Growth

How is Vmoto forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

29.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: VMT's forecast earnings growth (29.6% per year) is above the savings rate (1.9%).

Earnings vs Market: VMT's earnings (29.6% per year) are forecast to grow faster than the Australian market (11.6% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: VMT's revenue (26.1% per year) is forecast to grow faster than the Australian market (5.2% per year).

High Growth Revenue: VMT's revenue (26.1% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: VMT's Return on Equity is forecast to be low in 3 years time (9.3%).


Past Performance

How has Vmoto performed over the past 5 years?

67.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VMT has high quality earnings.

Growing Profit Margin: VMT's current net profit margins (8%) are higher than last year (5.2%).


Past Earnings Growth Analysis

Earnings Trend: VMT has become profitable over the past 5 years, growing earnings by 67.1% per year.

Accelerating Growth: VMT's earnings growth over the past year (107.8%) exceeds its 5-year average (67.1% per year).

Earnings vs Industry: VMT earnings growth over the past year (107.8%) exceeded the Auto industry 76.3%.


Return on Equity

High ROE: VMT's Return on Equity (14.7%) is considered low.


Financial Health

How is Vmoto's financial position?


Financial Position Analysis

Short Term Liabilities: VMT's short term assets (A$40.6M) exceed its short term liabilities (A$13.9M).

Long Term Liabilities: VMT's short term assets (A$40.6M) exceed its long term liabilities (A$343.6K).


Debt to Equity History and Analysis

Debt Level: VMT is debt free.

Reducing Debt: VMT has no debt compared to 5 years ago when its debt to equity ratio was 4.7%.

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

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


Balance Sheet


Dividend

What is Vmoto 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?

7.5yrs

Average management tenure


CEO

Charles Chen (50 yo)

10.17yrs

Tenure

AU$815,102

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 ($USD580.19K) is above average for companies of similar size in the Australian market ($USD290.58K).

Compensation vs Earnings: Charles's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: VMT's management team is seasoned and experienced (7.5 years average tenure).


Board Members

Experienced Board: VMT's board of directors are considered experienced (8.8 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Vmoto Limited
  • Ticker: VMT
  • Exchange: ASX
  • Founded: 2001
  • Industry: Motorcycle Manufacturers
  • Sector: Automobiles
  • Market Cap: AU$119.759m
  • Shares outstanding: 278.51m
  • Website: https://www.vmoto.com

Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/28 07:06
End of Day Share Price2021/11/26 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.