ASX:A3D

Stock Analysis Report

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Executive Summary

Aurora Labs Limited engages in the design, development, and commercialization of 3D metal printers, powders, and digital parts and its related intellectual property. More Details


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: A3D's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-6.4%

A3D

1.2%

AU Machinery

-2.4%

AU Market


1 Year Return

-75.7%

A3D

0.7%

AU Machinery

-8.3%

AU Market

Return vs Industry: A3D underperformed the Australian Machinery industry which returned 0.7% over the past year.

Return vs Market: A3D underperformed the Australian Market which returned -8.3% over the past year.


Shareholder returns

A3DIndustryMarket
7 Day-6.4%1.2%-2.4%
30 Day-16.1%17.5%1.8%
90 Day-22.3%42.6%1.7%
1 Year-75.7%-75.7%2.2%0.7%-5.0%-8.3%
3 Year-87.8%-87.8%8.7%5.7%14.6%-0.08%
5 Yearn/a167.1%123.7%41.6%12.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

2.53x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate A3D's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate A3D's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: A3D is unprofitable, so we can't compare its PE Ratio to the AU Machinery industry average.

PE vs Market: A3D 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 A3D's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: A3D is overvalued based on its PB Ratio (2.5x) compared to the AU Machinery industry average (1.9x).


Next Steps

Future Growth

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

47.7%

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 Aurora Labs 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 Aurora Labs performed over the past 5 years?

-36.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: A3D is currently unprofitable.

Growing Profit Margin: A3D is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: A3D is unprofitable, and losses have increased over the past 5 years at a rate of 36.1% per year.

Accelerating Growth: Unable to compare A3D's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: A3D is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (39.3%).


Return on Equity

High ROE: A3D has a negative Return on Equity (-240.57%), as it is currently unprofitable.


Next Steps

Financial Health

How is Aurora Labs's financial position?


Financial Position Analysis

Short Term Liabilities: A3D's short term assets (A$3.5M) exceed its short term liabilities (A$1.7M).

Long Term Liabilities: A3D has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: A3D's debt to equity ratio (17.9%) is considered satisfactory.

Reducing Debt: A3D had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


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: A3D has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: A3D has less than a year of cash runway if free cash flow continues to reduce at historical rates of 32.9% each year


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate A3D's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate A3D'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 A3D's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if A3D'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 A3D'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?

0.6yrs

Average board tenure


CEO

Peter Snowsill

0.58

Tenure

AU$323,464

Compensation

Mr. Peter Snowsill serves as Chief Executive Officer at Aurora Labs Limited since March 25, 2020. Mr. Snowsill served as Chief Operating Officer at Aurora Labs Limited since July 1, 2019 until March 25, 20 ...


CEO Compensation Analysis

Compensation vs Market: Peter's total compensation ($USD228.48K) is about average for companies of similar size in the Australian market ($USD279.08K).

Compensation vs Earnings: Insufficient data to compare Peter's compensation with company performance.


Board Members

NamePositionTenureCompensationOwnership
Grant Mooney
Non-Executive Chairman & Company Secretary0.58yrAU$38.94kno data
Norman Ashton
Independent Non-Executive Director2.75yrsAU$154.63k0.66%
A$ 77.1k
Ashley Zimpel
Independent Non-Executive Director0.58yrAU$30.13k0.20%
A$ 22.8k
Terry Stinson
Independent Non-Executive Director0.67yrAU$38.25k0.15%
A$ 17.2k

0.6yrs

Average Tenure

61.5yo

Average Age

Experienced Board: A3D's board of directors are not considered experienced ( 0.6 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 72.5%.


Top Shareholders

Company Information

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


Key Information

  • Name: Aurora Labs Limited
  • Ticker: A3D
  • Exchange: ASX
  • Founded: 2014
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: AU$11.620m
  • Shares outstanding: 152.90m
  • Website: https://www.auroralabs3d.com

Number of Employees


Location

  • Aurora Labs Limited
  • 79 Bushland Ridge Bibra Lake
  • Unit 2
  • Bibra Lake
  • Western Australia
  • 6163
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
A3DASX (Australian Securities Exchange)YesOrdinary SharesAUAUDAug 2016
A3DCHIA (Chi-X Australia)YesOrdinary SharesAUAUDAug 2016
0FRDB (Deutsche Boerse AG)YesOrdinary SharesDEEURAug 2016
ALAB.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDAug 2016

Biography

Aurora Labs Limited engages in the design, development, and commercialization of 3D metal printers, powders, and digital parts and its related intellectual property. The company produces the S-Titanium Pro ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/29 10:32
End of Day Share Price2020/10/29 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.