K-TIG Limited, a technology company, develops and manufactures welding technology in Australia, the United Kingdom, Singapore, Malaysia, the United States, and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.34|
|52 Week High||AU$0.22|
|52 Week Low||AU$0.58|
|1 Month Change||-11.54%|
|3 Month Change||-13.75%|
|1 Year Change||35.29%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-47.33%|
Recent News & Updates
Companies Like K-TIG (ASX:KTG) 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, K-TIG...
|KTG||AU Machinery||AU Market|
Return vs Industry: KTG underperformed the Australian Machinery industry which returned 47.5% over the past year.
Return vs Market: KTG exceeded the Australian Market which returned 21.3% over the past year.
Stable Share Price: KTG is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: KTG's weekly volatility (7%) has been stable over the past year.
About the Company
K-TIG Limited, a technology company, develops and manufactures welding technology in Australia, the United Kingdom, Singapore, Malaysia, the United States, and internationally. The company’s technology offers precision process for various applications and suits to corrosion resistant materials comprising stainless steel, nickel alloys, titanium alloys, as well as carbon steels and exotic materials. Its technology handles longitudinal and circumferential welds on pipes, spooling, vessels, tanks, and other materials in a single pass.
K-TIG Fundamentals Summary
|KTG fundamental statistics|
Is KTG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|KTG income statement (TTM)|
|Cost of Revenue||AU$780.89k|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.026|
|Net Profit Margin||-287.06%|
How did KTG perform over the long term?See historical performance and comparison
Is K-TIG undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate KTG's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate KTG's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: KTG is unprofitable, so we can't compare its PE Ratio to the Australian Machinery industry average.
PE vs Market: KTG 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 KTG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: KTG is overvalued based on its PB Ratio (9.9x) compared to the AU Machinery industry average (2.4x).
How is K-TIG forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 K-TIG 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.
How has K-TIG performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KTG is currently unprofitable.
Growing Profit Margin: KTG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: KTG is unprofitable, and losses have increased over the past 5 years at a rate of 29.2% per year.
Accelerating Growth: Unable to compare KTG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: KTG is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (1.2%).
Return on Equity
High ROE: KTG has a negative Return on Equity (-75.78%), as it is currently unprofitable.
How is K-TIG's financial position?
Financial Position Analysis
Short Term Liabilities: KTG's short term assets (A$6.6M) exceed its short term liabilities (A$1.3M).
Long Term Liabilities: KTG's short term assets (A$6.6M) exceed its long term liabilities (A$13.1K).
Debt to Equity History and Analysis
Debt Level: KTG is debt free.
Reducing Debt: KTG had no debt 5 years ago.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: KTG has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: KTG has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 39.7% each year.
What is K-TIG current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate KTG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate KTG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if KTG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if KTG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of KTG's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Adrian Smith BSc, BE (Hons), MBA, FIEAust, CPEng, FAICD, has been Executive Director at K-TIG Limited since July 28, 2020 and was Non-Executive Director at K-TIG Limited since February 20, 2020. He ser...
CEO Compensation Analysis
Compensation vs Market: Adrian's total compensation ($USD678.14K) is above average for companies of similar size in the Australian market ($USD302.38K).
Compensation vs Earnings: Adrian's compensation has increased whilst the company is unprofitable.
Experienced Management: KTG's management team is considered experienced (2 years average tenure).
Experienced Board: KTG's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
K-TIG Limited's employee growth, exchange listings and data sources
- Name: K-TIG Limited
- Ticker: KTG
- Exchange: ASX
- Founded: 2012
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: AU$58.343m
- Shares outstanding: 169.11m
- Website: https://www.k-tig.com
- K-TIG Limited
- Building 5
- 9 William Street
- South Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 16:59|
|End of Day Share Price||2021/10/25 00:00|
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.