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OLH

Oldfields HoldingsASX:OLH Stock Report

Market Cap

AU$10.1m

7D

-21.1%

1Y

n/a

Updated

24 Oct, 2021

Data

Company Financials
OLH fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

OLH Overview

Oldfields Holdings Limited manufactures, markets, and imports scaffolding and painting accessories in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Oldfields Holdings
Historical stock prices
Current Share PriceAU$0.06
52 Week HighAU$0.048
52 Week LowAU$0.091
Beta0.56
1 Month Change-9.09%
3 Month Changen/a
1 Year Changen/a
3 Year Changen/a
5 Year Change100.00%
Change since IPO-92.78%

Recent News & Updates

Shareholder Returns

OLHAU MachineryAU Market
7D-21.1%-1.3%0.6%
1Yn/a47.5%21.3%

Return vs Industry: Insufficient data to determine how OLH performed against the Australian Machinery industry.

Return vs Market: Insufficient data to determine how OLH performed against the Australian Market.

Price Volatility

Is OLH's price volatile compared to industry and market?
OLH volatility
OLH Beta0.56
Industry Beta1.33
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
1916n/aRichard Abelahttps://www.oldfields.com.au

Oldfields Holdings Limited manufactures, markets, and imports scaffolding and painting accessories in Australia. The company operates through two segments, Consumer Products and Scaffolding. The Consumer Products segment imports, manufactures, and distributes paint brushes, paint rollers, painter's tools, garden sheds and outdoor storage systems.

Oldfields Holdings Fundamentals Summary

How do Oldfields Holdings's earnings and revenue compare to its market cap?
OLH fundamental statistics
Market CapAU$10.06m
Earnings (TTM)-AU$2.85m
Revenue (TTM)AU$22.72m

0.4x

P/S Ratio

-3.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
OLH income statement (TTM)
RevenueAU$22.72m
Cost of RevenueAU$13.18m
Gross ProfitAU$9.54m
ExpensesAU$12.38m
Earnings-AU$2.85m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.017
Gross Margin41.97%
Net Profit Margin-12.53%
Debt/Equity Ratio7.7%

How did OLH perform over the long term?

See historical performance and comparison

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: OLH (A$0.06) is trading below our estimate of fair value (A$0.57)

Significantly Below Fair Value: OLH is trading below fair value by more than 20%.


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: OLH's PB Ratio (2.3x) is in line with the AU Machinery industry average.


Future Growth

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

53.0%

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 Oldfields Holdings 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 Oldfields Holdings performed over the past 5 years?

-45.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: OLH is currently unprofitable.

Growing Profit Margin: OLH is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: OLH is unprofitable, and losses have increased over the past 5 years at a rate of 45.7% per year.

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

Earnings vs Industry: OLH is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (1.2%).


Return on Equity

High ROE: OLH has a negative Return on Equity (-51.16%), as it is currently unprofitable.


Financial Health

How is Oldfields Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: OLH's short term assets (A$7.8M) do not cover its short term liabilities (A$7.8M).

Long Term Liabilities: OLH's short term assets (A$7.8M) exceed its long term liabilities (A$2.5M).


Debt to Equity History and Analysis

Debt Level: OLH's debt to equity ratio (7.7%) is considered satisfactory.

Reducing Debt: OLH's debt to equity ratio has reduced from 171.5% to 7.7% 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: Whilst unprofitable OLH has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: OLH is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 44.9% per year.


Dividend

What is Oldfields Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

4.8yrs

Average management tenure


CEO

Richard Abela

4.83yrs

Tenure

AU$275,712

Compensation

Mr. Richard John Abela has been Chief Executive Officer, Managing Director and Executive Director at Oldfields Holdings Limited since December 12, 2016. Mr. Abela served as Managing Director at Hettich Int...


CEO Compensation Analysis

Compensation vs Market: Richard's total compensation ($USD206.00K) is below average for companies of similar size in the Australian market ($USD302.87K).

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


Leadership Team

Experienced Management: OLH's management team is considered experienced (4.8 years average tenure).


Board Members

Experienced Board: OLH's board of directors are not considered experienced ( 1.7 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Oldfields Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Oldfields Holdings Limited
  • Ticker: OLH
  • Exchange: ASX
  • Founded: 1916
  • Industry: Construction Machinery and Heavy Trucks
  • Sector: Capital Goods
  • Market Cap: AU$10.062m
  • Shares outstanding: 167.71m
  • Website: https://www.oldfields.com.au

Location

  • Oldfields Holdings Limited
  • 8 Farrow Road
  • Campbelltown
  • New South Wales
  • 2560
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/24 07:05
End of Day Share Price2021/10/20 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.