| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
ASS Stock Overview
Asset Resolution Limited engages in the realization of mortgage loans and distressed assets in Australia.
Asset Resolution Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.025 |
| 52 Week High | AU$5.20 |
| 52 Week Low | AU$0.02 |
| Beta | 0.82 |
| 1 Month Change | -37.50% |
| 3 Month Change | -99.52% |
| 1 Year Change | n/a |
| 3 Year Change | -99.10% |
| 5 Year Change | -98.82% |
| Change since IPO | -98.78% |
Recent News & Updates
Shareholder Returns
| ASS | AU Mortgage | AU Market | |
|---|---|---|---|
| 7D | 0% | 2.9% | 1.0% |
| 1Y | n/a | 14.8% | -7.9% |
Return vs Industry: Insufficient data to determine how ASS performed against the Australian Mortgage industry.
Return vs Market: Insufficient data to determine how ASS performed against the Australian Market.
Price Volatility
| ASS volatility | |
|---|---|
| ASS Average Weekly Movement | n/a |
| Mortgage Industry Average Movement | 3.9% |
| Market Average Movement | 10.6% |
| 10% most volatile stocks in AU Market | 17.5% |
| 10% least volatile stocks in AU Market | 4.7% |
Stable Share Price: Insufficient data to determine ASS's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine ASS's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2012 | 5 | n/a | https://www.arlimited.com.au |
Asset Resolution Limited engages in the realization of mortgage loans and distressed assets in Australia. It invests in equity and distressed assets. Asset Resolution Limited was incorporated in 2012 and is based in Adelaide, Australia.
Asset Resolution Fundamentals Summary
| ASS fundamental statistics | |
|---|---|
| Market Cap | AU$83.45k |
| Earnings (TTM) | AU$3.22m |
| Revenue (TTM) | AU$2.57m |
0.0x
P/E Ratio0.0x
P/B RatioIs ASS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ASS income statement (TTM) | |
|---|---|
| Revenue | AU$2.57m |
| Cost of Revenue | AU$0 |
| Gross Profit | AU$2.57m |
| Other Expenses | -AU$650.19k |
| Earnings | AU$3.22m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.97 |
| Gross Margin | 100.00% |
| Net Profit Margin | 125.29% |
| Debt/Equity Ratio | 0.0% |
How did ASS perform over the long term?
See historical performance and comparisonValuation
Is ASS undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for ASS?
Other financial metrics that can be useful for relative valuation.
| What is ASS's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | AU$83.45k |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | n/a |
| Enterprise Value/EBITDA | n/a |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does ASS's PE Ratio compare to its peers?
| ASS PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 21.5x | ||
N1H N1 Holdings | 50.1x | n/a | AU$17.3m |
EGF East Gosford & Districts Financial Services | 13.9x | n/a | AU$258.7k |
DCE Manningham Community Enterprises | 11.1x | n/a | AU$1.3m |
LCB Logan Community Financial Services | 7x | n/a | AU$1.6m |
ASS Asset Resolution | 0.03x | n/a | AU$83.4k |
Price-To-Earnings vs Peers: ASS is good value based on its Price-To-Earnings Ratio (0x) compared to the peer average (21.5x).
Price to Earnings Ratio vs Industry
How does ASS's PE Ratio compare vs other companies in the Global Mortgage Industry?
Price-To-Earnings vs Industry: ASS is good value based on its Price-To-Earnings Ratio (0x) compared to the Oceanic Mortgage industry average (10.8x)
Price to Earnings Ratio vs Fair Ratio
What is ASS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 0.03x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ASS's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of ASS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: ASS (A$0.03) is trading below our estimate of fair value (A$0.58)
Significantly Below Fair Value: ASS is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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Future Growth
How is Asset Resolution forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
9.9%
Forecasted Banks 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 Asset Resolution 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.
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- Examine whether Asset Resolution is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
Past Performance
How has Asset Resolution performed over the past 5 years?
Past Performance Score
1/6Past Performance Score 1/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
59.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ASS has a high level of non-cash earnings.
Growing Profit Margin: ASS's current net profit margins are lower than last year .
Past Earnings Growth Analysis
Earnings Trend: ASS has become profitable over the past 5 years, growing earnings by 59.9% per year.
Accelerating Growth: ASS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ASS had negative earnings growth (-41%) over the past year, making it difficult to compare to the Mortgage industry average (8.5%).
Return on Equity
High ROE: ASS's Return on Equity (17.6%) is considered low.
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Financial Health
How is Asset Resolution's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score
1/6Financial Health Score 1/6
Asset Level
Allowance for Bad Loans
Low Risk Liabilities
Loan Level
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: ASS's Assets to Equity ratio (1x) is low.
Allowance for Bad Loans: Insufficient data to determine if ASS has a sufficient allowance for bad loans.
Low Risk Liabilities: ASS reports no customer deposits, 100% of its liabilities are made up of higher risk sources of funding.
Loan Level: Insufficient data to determine if ASS has an appropriate level of Loans to Assets ratio.
Low Risk Deposits: ASS reports no customer deposits, loans are made up entirely of externally borrowed funds.
Level of Bad Loans: Insufficient data to determine if ASS has an appropriate level of bad loans.
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Dividend
What is Asset Resolution current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ASS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ASS'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 ASS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ASS's dividend payments have been increasing.
Current Payout to Shareholders
Earnings 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 ASS's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
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Management
How experienced are the management team and are they aligned to shareholders interests?
4.5yrs
Average board tenure
CEO
Asset Resolution has no CEO, or we have no data on them.
Board Members
Experienced Board: ASS's board of directors are considered experienced (4.5 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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Asset Resolution Limited's employee growth, exchange listings and data sources
Key Information
- Name: Asset Resolution Limited
- Ticker: ASS
- Exchange: NSX
- Founded: 2012
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Implied Market Cap: AU$83.445k
- Shares outstanding: 3.34m
- Website: https://www.arlimited.com.au
Number of Employees
Location
- Asset Resolution Limited
- 60 Hindmarsh Square
- Unit 3B, Level 3
- Adelaide
- South Australia
- 5000
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/02 00:00 |
| End of Day Share Price | 2022/07/14 00:00 |
| Earnings | 2021/12/31 |
| 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.