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14D

1414 DegreesASX:14D Stock Report

Market Cap

AU$29.1m

7D

-10.0%

1Y

-28.9%

Updated

26 Oct, 2021

Data

Company Financials
14D fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

14D Overview

1414 Degrees Limited offers silicon-based thermal energy storage systems for networks and industries in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for 1414 Degrees
Historical stock prices
Current Share PriceAU$0.14
52 Week HighAU$0.088
52 Week LowAU$0.36
Beta1.18
1 Month Change35.00%
3 Month Change3.85%
1 Year Change-28.95%
3 Year Change-52.63%
5 Year Changen/a
Change since IPO-40.00%

Recent News & Updates

Oct 18
Companies Like 1414 Degrees (ASX:14D) Are In A Position To Invest In Growth

Companies Like 1414 Degrees (ASX:14D) Are In A Position To Invest In Growth

Just because a business does not make any money, does not mean that the stock will go down. For example, although...

Jun 12
We're Not Very Worried About 1414 Degrees' (ASX:14D) Cash Burn Rate

We're Not Very Worried About 1414 Degrees' (ASX:14D) Cash Burn Rate

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...

Shareholder Returns

14DAU ElectricalAU Market
7D-10.0%-5.2%0.8%
1Y-28.9%10.8%24.4%

Return vs Industry: 14D underperformed the Australian Electrical industry which returned 10.8% over the past year.

Return vs Market: 14D underperformed the Australian Market which returned 24.4% over the past year.

Price Volatility

Is 14D's price volatile compared to industry and market?
14D volatility
14D Beta1.18
Industry Beta0.99
Market Beta1

Stable Share Price: 14D is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: 14D's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2009n/aMatt Squirehttps://1414degrees.com.au

1414 Degrees Limited offers silicon-based thermal energy storage systems for networks and industries in Australia. It provides heat and electricity from renewable energy sources. The company was formerly known as Latent Heat Storage Pty Ltd and changed its name to 1414 Degrees Limited in December 2016. 1414 Degrees Limited was incorporated in 2009 and is based in Melrose Park, Australia.

1414 Degrees Fundamentals Summary


Earnings & Revenue

Key profitability statistics from the latest earnings report
14D income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$5.97m
Earnings-AU$5.97m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.03
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did 14D perform over the long term?

See historical performance and comparison

Valuation

Is 1414 Degrees undervalued compared to its fair value and its price relative to the market?

2.35x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 14D's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 14D's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 14D is unprofitable, so we can't compare its PE Ratio to the Australian Electrical industry average.

PE vs Market: 14D 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 14D's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 14D is good value based on its PB Ratio (2.3x) compared to the AU Electrical industry average (2.8x).


Future Growth

How is 1414 Degrees forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

24.8%

Forecasted Capital Goods 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 1414 Degrees 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 1414 Degrees performed over the past 5 years?

-10.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 14D is currently unprofitable.

Growing Profit Margin: 14D is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 14D is unprofitable, and losses have increased over the past 5 years at a rate of 10.6% per year.

Accelerating Growth: Unable to compare 14D's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 14D is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (32%).


Return on Equity

High ROE: 14D has a negative Return on Equity (-51.82%), as it is currently unprofitable.


Financial Health

How is 1414 Degrees's financial position?


Financial Position Analysis

Short Term Liabilities: 14D's short term assets (A$6.4M) exceed its short term liabilities (A$1.0M).

Long Term Liabilities: 14D's short term assets (A$6.4M) exceed its long term liabilities (A$1.3M).


Debt to Equity History and Analysis

Debt Level: 14D is debt free.

Reducing Debt: 14D has not had any debt for past 5 years.


Balance Sheet


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: 14D has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: 14D has sufficient cash runway for 2.2 years if free cash flow continues to reduce at historical rates of 7.8% each year.


Dividend

What is 1414 Degrees's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 14D's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 14D'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 14D's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 14D'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 14D'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?

0.8yrs

Average management tenure


CEO

Matt Squire

0.17

Tenure

Mr. Matthew R. Squire, BE(Mech), BA(Eco), Grad Dip Ap, also known as Matt, has been the Chief Executive Officer at 1414 Degrees Limited since August 02, 2021. He served as Group Executive of Corporate Deve...


Leadership Team

Experienced Management: 14D's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: 14D's board of directors are not considered experienced ( 0.8 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

1414 Degrees Limited's employee growth, exchange listings and data sources


Key Information

  • Name: 1414 Degrees Limited
  • Ticker: 14D
  • Exchange: ASX
  • Founded: 2009
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: AU$29.081m
  • Shares outstanding: 200.56m
  • Website: https://1414degrees.com.au

Location

  • 1414 Degrees Limited
  • 136 Daws Road
  • Melrose Park
  • South Australia
  • 5039
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 07:00
End of Day Share Price2021/10/26 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.