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SKS

SKS Technologies GroupASX:SKS Stock Report

Market Cap

AU$20.0m

7D

0%

1Y

94.7%

Updated

16 Oct, 2021

Data

Company Financials
SKS fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends0/6

SKS Overview

SKS Technologies Group Limited designs, supplies, and installs audiovisual, electrical, communication, and information technology (IT) products and services primarily in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for SKS Technologies Group
Historical stock prices
Current Share PriceAU$0.18
52 Week HighAU$0.098
52 Week LowAU$0.26
Beta0.79
1 Month Change-2.63%
3 Month Change-22.92%
1 Year Change94.74%
3 Year Change-38.33%
5 Year Change-53.75%
Change since IPO-69.17%

Recent News & Updates

Shareholder Returns

SKSAU ElectricalAU Market
7D0%-5.2%0.9%
1Y94.7%14.2%20.2%

Return vs Industry: SKS exceeded the Australian Electrical industry which returned 14.2% over the past year.

Return vs Market: SKS exceeded the Australian Market which returned 20.2% over the past year.

Price Volatility

Is SKS's price volatile compared to industry and market?
SKS volatility
SKS Beta0.79
Industry Beta0.99
Market Beta1

Stable Share Price: SKS is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: SKS's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
1962200Matthew Jinkshttps://www.sks.com.au

SKS Technologies Group Limited designs, supplies, and installs audiovisual, electrical, communication, and information technology (IT) products and services primarily in Australia. It offers audiovisual and IT solutions, including audiovisual integration, automated audiovisual systems, digital signage video conferencing, TP over IP networks, room control systems, medical imaging solutions, multi-screen control rooms, large screens and stadiums, hi-tech intuitive corporate boardrooms, hi-tech intuitive training rooms, display and projector systems, interactive whiteboards, touch panel control systems, specialist controlled lighting systems, public address systems, and video and audio conferencing solutions for architects, builders, and consultants. The company also provides electrical solutions, such as data and voice communication systems, electrical design and installations, lighting control systems, and energy efficiency solutions; indoor and outdoor media walls; wholesale data services; unified communications solutions; smart buildings convergence solutions; and related support services.

SKS Technologies Group Fundamentals Summary

How do SKS Technologies Group's earnings and revenue compare to its market cap?
SKS fundamental statistics
Market CapAU$19.98m
Earnings (TTM)AU$1.74m
Revenue (TTM)AU$35.60m

11.5x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SKS income statement (TTM)
RevenueAU$35.60m
Cost of RevenueAU$22.25m
Gross ProfitAU$13.35m
ExpensesAU$11.61m
EarningsAU$1.74m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.016
Gross Margin37.51%
Net Profit Margin4.90%
Debt/Equity Ratio0%

How did SKS perform over the long term?

See historical performance and comparison

Valuation

Is SKS Technologies Group 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: SKS (A$0.19) is trading below our estimate of fair value (A$1.77)

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


Price To Earnings Ratio

PE vs Industry: SKS is good value based on its PE Ratio (11.5x) compared to the Australian Electrical industry average (15.9x).

PE vs Market: SKS is good value based on its PE Ratio (11.5x) compared to the Australian market (19.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SKS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SKS is overvalued based on its PB Ratio (11x) compared to the AU Electrical industry average (2.6x).


Future Growth

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

24.0%

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 SKS Technologies Group 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 SKS Technologies Group performed over the past 5 years?

46.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SKS has a large one-off gain of A$218.0K impacting its June 30 2021 financial results.

Growing Profit Margin: SKS became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: SKS has become profitable over the past 5 years, growing earnings by 46.9% per year.

Accelerating Growth: SKS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: SKS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electrical industry (32.3%).


Return on Equity

High ROE: SKS's Return on Equity (95.8%) is considered outstanding.


Financial Health

How is SKS Technologies Group's financial position?


Financial Position Analysis

Short Term Liabilities: SKS's short term assets (A$11.8M) do not cover its short term liabilities (A$13.0M).

Long Term Liabilities: SKS's short term assets (A$11.8M) exceed its long term liabilities (A$1.8M).


Debt to Equity History and Analysis

Debt Level: SKS is debt free.

Reducing Debt: SKS currently has no debt however we can't compare to 5 years ago as we have no data for that period.

Debt Coverage: SKS has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: SKS has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is SKS Technologies Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

0.7yrs

Average management tenure


CEO

Matthew Jinks

0.67

Tenure

AU$744,955

Compensation

Mr. Matthew Jinks serves as Chief Executive Officer at SKS Technologies Group Limited since February 1, 2021. He serves as Company Secretary of SKS Technologies Group Limited (formerly known as Enevis Limi...


CEO Compensation Analysis

Compensation vs Market: Matthew's total compensation ($USD552.92K) is above average for companies of similar size in the Australian market ($USD302.45K).

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


Leadership Team

Experienced Management: SKS's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.


Board Members

Experienced Board: SKS's board of directors are considered experienced (5.6 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.1%.


Top Shareholders

Company Information

SKS Technologies Group Limited's employee growth, exchange listings and data sources


Key Information

  • Name: SKS Technologies Group Limited
  • Ticker: SKS
  • Exchange: ASX
  • Founded: 1962
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: AU$19.977m
  • Shares outstanding: 107.98m
  • Website: https://www.sks.com.au

Number of Employees


Location

  • SKS Technologies Group Limited
  • 700 Spencer Street
  • West Melbourne
  • Victoria
  • 3003
  • 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 07:04
End of Day Share Price2021/10/08 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.