ASX:A3D

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Mediocre 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


Market Performance


7 Day Return

-1.9%

A3D

1.8%

AU Machinery

1.0%

AU Market


1 Year Return

-68.7%

A3D

10.6%

AU Machinery

11.7%

AU Market

Return vs Industry: A3D underperformed the Australian Machinery industry which returned 10.6% over the past year.

Return vs Market: A3D underperformed the Australian Market which returned 11.7% over the past year.


Shareholder returns

A3DIndustryMarket
7 Day-1.9%1.8%1.0%
30 Day-1.9%4.3%-0.2%
90 Day-32.0%19.3%0.3%
1 Year-68.7%-68.7%11.5%10.6%18.1%11.7%
3 Year-77.0%-77.0%-30.8%-32.0%37.4%19.0%
5 Yearn/a17.8%-4.5%51.7%17.6%

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?

3.94x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

Significantly Undervalued: 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 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

Low 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 (3.9x) compared to the AU Machinery industry average (1.4x).


Next Steps

Future Growth

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

38.5%

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?

-47.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: A3D is unprofitable, and losses have increased over the past 5 years at a rate of -47.7% 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 (44.8%).


Return on Equity

High ROE: A3D has a negative Return on Equity (-133.25%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: A3D is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: A3D is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Aurora Labs's financial position?


Financial Position Analysis

Short Term Liabilities: A3D's short term assets (A$6.6M) exceeds its short term liabilities (A$2.3M)

Long Term Liabilities: A3D has no long term liabilities


Debt to Equity History and Analysis

Debt Level: A3D's debt to equity ratio (23.5%) is considered satisfactory

Reducing Debt: Insufficient data to determine if A3D's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

Inventory Level: A3D has a low level of unsold assets or inventory.

Debt Coverage by Assets: A3D's debt is covered by short term assets (assets are 4.906470x debt).


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 -46.9% each year


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.5%markettop25%5.6%industryaverage1.6%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

What is the CEO of Aurora Labs's salary, the management and board of directors tenure and is there insider trading?

3.0yrs

Average management tenure


CEO

David Budge 0

5.2yrs

Tenure

AU$300,900

Compensation

Mr. David James Budge has been the Managing Director at Aurora Labs Limited since August 9, 2014 and served as its Interim Chairman since July 2017 until January 22, 2018. Mr. Budge is a founding director  ...


CEO Compensation Analysis

Compensation vs. Market: David's total compensation ($USD204.88K) is about average for companies of similar size in the Australian market ($USD257.89K).

Compensation vs Earnings: David's compensation has increased whilst the company is unprofitable.


Management Age and Tenure

3.0yrs

Average Tenure

Experienced Management: A3D's management team is considered experienced (3 years average tenure).


Board Age and Tenure

2.3yrs

Average Tenure

Experienced Board: A3D's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyAU$19,99521 Mar 19
Norman Ashton
EntityIndividual
Role
Member of the Board of Directors
Independent Non-Executive Director
Shares50,000
Max PriceAU$0.40
BuyAU$29,30027 Feb 19
Capital Technologies Pty Ltd
EntityCompany
Shares70,000
Max PriceAU$0.44
BuyAU$33,88715 Feb 19
Norman Ashton
EntityIndividual
Role
Member of the Board of Directors
Independent Non-Executive Director
Shares70,000
Max PriceAU$0.48

Ownership Breakdown


Management Team

  • Peter Snowsill

    Chief Operating Officer

    • Tenure: 0.3yrs
  • David Budge

    Founder

    • Tenure: 5.2yrs
    • Compensation: AU$300.90k
  • Nathan Henry

    Business Development & Marketing Director and Executive Director

    • Tenure: 3.9yrs
    • Compensation: AU$276.00k
  • Mathew Whyte

    Company Secretary & Independent Non-Executive Director

    • Tenure: 2.3yrs
    • Compensation: AU$192.40k
  • Jessica Snelling

    Senior Manager

    • Tenure: 0yrs
    • Compensation: AU$74.03k

Board Members

  • Mel Ashton

    Independent Non-Executive Director

    • Tenure: 1.8yrs
    • Compensation: AU$112.25k
  • David Budge

    Founder

    • Tenure: 5.2yrs
    • Compensation: AU$300.90k
  • Nathan Henry

    Business Development & Marketing Director and Executive Director

    • Tenure: 3.9yrs
    • Compensation: AU$276.00k
  • Mathew Whyte

    Company Secretary & Independent Non-Executive Director

    • Tenure: 2.3yrs
    • Compensation: AU$192.40k
  • Paul Kristensen

    Independent Non-Executive Chairman

    • Tenure: 1.8yrs
    • Compensation: AU$100.80k

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$22.159m
  • Shares outstanding: 88.64m
  • 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

Biography

Aurora Labs Limited engages in the development and commercialization of 3D metal printers, metal powder, and digital parts and its related intellectual property. It produces the S-Titanium Pro, metal print ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 10:39
End of Day Share Price2019/10/14 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.