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AIR

AstiVitaASX:AIR Stock Report

Market Cap

AU$18.6m

7D

0%

1Y

-8.5%

Updated

16 Oct, 2021

Data

Company Financials
AIR fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

AIR Overview

AstiVita Limited imports and distributes household and renewable energy products in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for AstiVita
Historical stock prices
Current Share PriceAU$0.75
52 Week HighAU$0.60
52 Week LowAU$1.04
Beta-0.26
1 Month Change0%
3 Month Changen/a
1 Year Change-8.54%
3 Year Change188.46%
5 Year Change134.38%
Change since IPO-76.56%

Recent News & Updates

Feb 25
AstiVita (ASX:AIR) Is Carrying A Fair Bit Of Debt

AstiVita (ASX:AIR) Is Carrying A Fair Bit Of Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

AIRAU Trade DistributorsAU Market
7D0%-0.5%0.9%
1Y-8.5%14.0%20.2%

Return vs Industry: AIR underperformed the Australian Trade Distributors industry which returned 14% over the past year.

Return vs Market: AIR underperformed the Australian Market which returned 20.2% over the past year.

Price Volatility

Is AIR's price volatile compared to industry and market?
AIR volatility
AIR Beta-0.26
Industry Beta0.84
Market Beta1

Stable Share Price: Insufficient data to determine AIR's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine AIR's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2004n/aJoe Mizikovskyhttps://www.astivita.com.au

AstiVita Limited imports and distributes household and renewable energy products in Australia. The company offers bathroom products, photovoltaic panels, and personal care products, as well as sunscreen and oral hygiene products. It also provides kitchen products, appliances, basins, hot water solar and photovoltaic inverters, stainless steel sinks, tapware products, and toilet suites.

AstiVita Fundamentals Summary

How do AstiVita's earnings and revenue compare to its market cap?
AIR fundamental statistics
Market CapAU$18.65m
Earnings (TTM)-AU$30.00k
Revenue (TTM)AU$3.70m

5.0x

P/S Ratio

-625.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AIR income statement (TTM)
RevenueAU$3.70m
Cost of RevenueAU$3.24m
Gross ProfitAU$463.00k
ExpensesAU$493.00k
Earnings-AU$30.00k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0012
Gross Margin12.51%
Net Profit Margin-0.81%
Debt/Equity Ratio25.4%

How did AIR perform over the long term?

See historical performance and comparison

Valuation

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

3.13x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: AIR is unprofitable, so we can't compare its PE Ratio to the Australian Trade Distributors industry average.

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


Price to Book Ratio

PB vs Industry: AIR is overvalued based on its PB Ratio (3.1x) compared to the AU Trade Distributors industry average (1.6x).


Future Growth

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

11.8%

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 AstiVita 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 AstiVita performed over the past 5 years?

-27.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AIR is currently unprofitable.

Growing Profit Margin: AIR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AIR is unprofitable, and losses have increased over the past 5 years at a rate of 27.6% per year.

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

Earnings vs Industry: AIR is unprofitable, making it difficult to compare its past year earnings growth to the Trade Distributors industry (28.1%).


Return on Equity

High ROE: AIR has a negative Return on Equity (-0.5%), as it is currently unprofitable.


Financial Health

How is AstiVita's financial position?


Financial Position Analysis

Short Term Liabilities: AIR's short term assets (A$6.2M) exceed its short term liabilities (A$739.0K).

Long Term Liabilities: AIR's short term assets (A$6.2M) exceed its long term liabilities (A$1.5M).


Debt to Equity History and Analysis

Debt Level: AIR's debt to equity ratio (25.4%) is considered satisfactory.

Reducing Debt: AIR's debt to equity ratio has reduced from 49.5% to 25.4% over the 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: AIR has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: AIR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 28% each year


Dividend

What is AstiVita current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if AIR's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: AIR is not paying a notable dividend for the Australian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of AIR'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?

7.8yrs

Average management tenure


CEO

Joe Mizikovsky

2.42yrs

Tenure

AU$42,730

Compensation

Mr. Joseph Kevin Mizikovsky, also known as Joe, serves as the Chief Executive Officer at AstiVita Limited since May 31, 2019.


CEO Compensation Analysis

Compensation vs Market: Joe's total compensation ($USD31.72K) is below average for companies of similar size in the Australian market ($USD302.45K).

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


Leadership Team

Experienced Management: AIR's management team is seasoned and experienced (7.8 years average tenure).


Board Members

Experienced Board: AIR's board of directors are considered experienced (9.9 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 been diluted in the past year, with total shares outstanding growing by 30.7%.


Top Shareholders

Company Information

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


Key Information

  • Name: AstiVita Limited
  • Ticker: AIR
  • Exchange: ASX
  • Founded: 2004
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: AU$18.647m
  • Shares outstanding: 24.86m
  • Website: https://www.astivita.com.au

Location

  • AstiVita Limited
  • 243 Milton Road
  • Milton
  • Queensland
  • 4064
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/16 07:01
End of Day Share Price2021/09/14 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.