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Ariadne Australia

ASX:ARA
Snowflake Description

Flawless balance sheet and good value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ARA
ASX
A$128M
Market Cap
  1. Home
  2. AU
  3. Commercial Services
Company description

Ariadne Australia Limited engages in the car park infrastructure operation and management activities in Australia and New Zealand. The last earnings update was 89 days ago. More info.


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ARA Share Price and Events
7 Day Returns
4.8%
ASX:ARA
1.4%
AU Commercial Services
4%
AU Market
1 Year Returns
-2.9%
ASX:ARA
17.8%
AU Commercial Services
5.2%
AU Market
ARA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ariadne Australia (ARA) 4.8% 3.1% 4.8% -2.9% 83.3% 85.9%
AU Commercial Services 1.4% 3.5% 9% 17.8% 19.7% 39%
AU Market 4% 3.5% 5.9% 5.2% 21.7% 9.6%
1 Year Return vs Industry and Market
  • ARA underperformed the Commercial Services industry which returned 17.8% over the past year.
  • ARA underperformed the Market in Australia which returned 5.2% over the past year.
Price Volatility
ARA
Industry
5yr Volatility vs Market

ARA Value

 Is Ariadne Australia undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Ariadne Australia to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Ariadne Australia.

ASX:ARA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 7.3%
Perpetual Growth Rate 10-Year AU Government Bond Rate 2.3%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for ASX:ARA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year AU Govt Bond Rate 2.3%
Equity Risk Premium S&P Global 6%
Commercial Services Unlevered Beta Simply Wall St/ S&P Global 0.72
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.718 (1 + (1- 30%) (5.53%))
0.829
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.83
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.31% + (0.829 * 5.96%)
7.26%

Discounted Cash Flow Calculation for ASX:ARA using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Ariadne Australia is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

ASX:ARA DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (AUD, Millions) Source Present Value
Discounted (@ 7.26%)
2019 15.67 Est @ 4.68% 14.61
2020 16.29 Est @ 3.97% 14.16
2021 16.86 Est @ 3.47% 13.66
2022 17.38 Est @ 3.12% 13.14
2023 17.89 Est @ 2.88% 12.60
2024 18.37 Est @ 2.71% 12.07
2025 18.85 Est @ 2.59% 11.54
2026 19.32 Est @ 2.51% 11.03
2027 19.79 Est @ 2.45% 10.54
2028 20.27 Est @ 2.41% 10.06
Present value of next 10 years cash flows A$123.41
ASX:ARA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= A$20.27 × (1 + 2.31%) ÷ (7.26% – 2.31%)
A$419.47
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= A$419.47 ÷ (1 + 7.26%)10
A$208.21
ASX:ARA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= A$123.41 + A$208.21
A$331.62
Equity Value per Share
(AUD)
= Total value / Shares Outstanding
= A$331.62 / 193.25
A$1.72
ASX:ARA Discount to Share Price
Calculation Result
Value per share (AUD) From above. A$1.72
Current discount Discount to share price of A$0.66
= -1 x (A$0.66 - A$1.72) / A$1.72
61.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Ariadne Australia is available for.
Intrinsic value
>50%
Share price is A$0.66 vs Future cash flow value of A$1.72
Current Discount Checks
For Ariadne Australia to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Ariadne Australia's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Ariadne Australia's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Ariadne Australia's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ariadne Australia's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:ARA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.03
ASX:ARA Share Price ** ASX (2019-05-21) in AUD A$0.66
Australia Commercial Services Industry PE Ratio Median Figure of 13 Publicly-Listed Commercial Services Companies 22.4x
Australia Market PE Ratio Median Figure of 542 Publicly-Listed Companies 15.99x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Ariadne Australia.

ASX:ARA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:ARA Share Price ÷ EPS (both in AUD)

= 0.66 ÷ 0.03

21.03x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ariadne Australia is good value based on earnings compared to the AU Commercial Services industry average.
  • Ariadne Australia is overvalued based on earnings compared to the Australia market.
Price based on expected Growth
Does Ariadne Australia's expected growth come at a high price?
Raw Data
ASX:ARA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 21.03x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
18.9%per year
Australia Commercial Services Industry PEG Ratio Median Figure of 10 Publicly-Listed Commercial Services Companies 1.82x
Australia Market PEG Ratio Median Figure of 359 Publicly-Listed Companies 1.4x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Ariadne Australia, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Ariadne Australia's assets?
Raw Data
ASX:ARA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.79
ASX:ARA Share Price * ASX (2019-05-21) in AUD A$0.66
Australia Commercial Services Industry PB Ratio Median Figure of 26 Publicly-Listed Commercial Services Companies 3.28x
Australia Market PB Ratio Median Figure of 1,678 Publicly-Listed Companies 1.63x
ASX:ARA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:ARA Share Price ÷ Book Value per Share (both in AUD)

= 0.66 ÷ 0.79

0.83x

* Primary Listing of Ariadne Australia.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ariadne Australia is good value based on assets compared to the AU Commercial Services industry average.
X
Value checks
We assess Ariadne Australia's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Commercial Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Commercial Services industry average (and greater than 0)? (1 check)
  5. Ariadne Australia has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

ARA Future Performance

 How is Ariadne Australia expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Ariadne Australia, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
18.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Ariadne Australia expected to grow at an attractive rate?
  • Ariadne Australia's earnings growth is expected to exceed the low risk savings rate of 2.3%.
Growth vs Market Checks
  • Ariadne Australia's earnings growth is expected to exceed the Australia market average.
  • Unable to compare Ariadne Australia's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:ARA Future Growth Rates Data Sources
Data Point Source Value (per year)
ASX:ARA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 18.9%
Australia Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 8.6%
Australia Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 2.7%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.9%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:ARA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:ARA Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 31 15 6
2018-09-30 34 8 11
2018-06-30 36 1 15
2017-12-31 23 1 10
2017-09-30 24 6 10
2017-06-30 24 10 11
2016-12-31 25 14 6
2016-09-30 24 12 4
2016-06-30 22 11 2
2016-03-31 22 8 3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Ariadne Australia's earnings are expected to grow by 18.9% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Ariadne Australia is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:ARA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Ariadne Australia Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:ARA Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.03
2018-09-30 0.05
2018-06-30 0.08
2017-12-31 0.05
2017-09-30 0.05
2017-06-30 0.05
2016-12-31 0.03
2016-09-30 0.02
2016-06-30 0.01
2016-03-31 0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Ariadne Australia will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Ariadne Australia's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Ariadne Australia has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

ARA Past Performance

  How has Ariadne Australia performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Ariadne Australia's growth in the last year to its industry (Commercial Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Ariadne Australia has delivered over 20% year on year earnings growth in the past 5 years.
  • Ariadne Australia's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Ariadne Australia's 1-year earnings growth is negative, it can't be compared to the AU Commercial Services industry average.
Earnings and Revenue History
Ariadne Australia's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Ariadne Australia Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:ARA Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 31.19 6.25 0.71
2018-09-30 33.52 10.77 1.35
2018-06-30 35.86 15.29 1.99
2017-12-31 23.14 9.91 2.87
2017-09-30 23.63 10.29 2.47
2017-06-30 24.13 10.67 2.08
2016-12-31 24.94 5.90 1.49
2016-09-30 23.56 4.12 1.44
2016-06-30 22.18 2.34 1.40
2016-03-31 22.02 2.64 1.32
2015-12-31 15.31 -3.61 1.25
2015-09-30 15.28 -3.61 1.60
2015-06-30 15.25 -3.62 1.95
2015-03-31 20.45 1.03 1.40
2014-12-31 25.64 5.68 0.85
2014-09-30 29.56 5.97 1.44
2014-06-30 33.48 6.26 2.04
2014-03-31 36.76 4.75 1.61
2013-12-31 40.05 3.24 1.18
2013-09-30 39.27 3.04 1.52
2013-06-30 38.49 2.85 1.87
2013-03-31 33.39 3.23 2.67
2012-12-31 28.28 3.60 3.48
2012-09-30 24.98 4.40 2.46
2012-06-30 21.68 5.20 1.45

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Ariadne Australia has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Ariadne Australia used its assets less efficiently than the AU Commercial Services industry average last year based on Return on Assets.
  • Ariadne Australia has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Ariadne Australia's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Commercial Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Ariadne Australia has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

ARA Health

 How is Ariadne Australia's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Ariadne Australia's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ariadne Australia is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Ariadne Australia's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Ariadne Australia's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Ariadne Australia Company Filings, last reported 4 months ago.

ASX:ARA Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 163.95 7.05 41.06
2018-09-30 163.95 7.05 41.06
2018-06-30 181.92 7.55 28.33
2017-12-31 179.03 7.55 31.71
2017-09-30 179.03 7.55 31.71
2017-06-30 179.97 7.74 56.35
2016-12-31 105.08 3.60 16.77
2016-09-30 105.08 3.60 16.77
2016-06-30 92.52 3.99 17.16
2016-03-31 92.52 3.99 17.16
2015-12-31 87.74 3.61 13.49
2015-09-30 87.74 3.61 13.49
2015-06-30 85.27 3.87 14.79
2015-03-31 85.27 3.87 14.79
2014-12-31 91.28 4.46 15.00
2014-09-30 91.28 4.46 15.00
2014-06-30 88.40 2.84 17.97
2014-03-31 88.40 2.84 17.97
2013-12-31 84.28 5.50 12.11
2013-09-30 84.28 5.50 12.11
2013-06-30 79.74 6.18 17.38
2013-03-31 79.74 6.18 17.38
2012-12-31 78.88 7.16 12.49
2012-09-30 78.88 7.16 12.49
2012-06-30 76.70 6.95 16.05
  • Ariadne Australia's level of debt (4.3%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (6.5% vs 4.3% today).
  • Debt is well covered by operating cash flow (219%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 38.1x coverage).
X
Financial health checks
We assess Ariadne Australia's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Ariadne Australia has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

ARA Dividends

 What is Ariadne Australia's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.12%
Current annual income from Ariadne Australia dividends.
If you bought A$2,000 of Ariadne Australia shares you are expected to receive A$42 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Ariadne Australia's pays a lower dividend yield than the bottom 25% of dividend payers in Australia (2.59%).
  • Ariadne Australia's dividend is below the markets top 25% of dividend payers in Australia (5.7%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:ARA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Australia Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 11 Stocks 2.5%
Australia Market Average Dividend Yield Market Cap Weighted Average of 414 Stocks 4.2%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.6%
Australia Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ASX:ARA Past Annualized Dividends Data
Date (Data in A$) Dividend per share (annual) Avg. Yield (%)
2019-02-22 0.014 2.170
2018-08-23 0.020 3.017
2018-02-21 0.035 5.035
2017-08-21 0.035 4.633
2017-02-20 0.020 2.651
2016-08-19 0.010 2.189
2016-02-19 0.010 2.883
2015-08-28 0.010 2.766
2015-02-23 0.010 2.592
2014-08-21 0.010 2.562
2014-02-24 0.010 2.825
2013-08-27 0.010 3.102
2013-02-15 0.010 3.455
2012-09-03 0.010 3.214
2012-02-27 0.020 5.835
2011-08-26 0.030 9.058
2011-03-01 0.010 3.207
2010-10-07 0.015 4.973
2010-08-25 0.015 4.944
2009-08-24 0.010 3.805

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Ariadne Australia's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.8x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Ariadne Australia's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Ariadne Australia afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ariadne Australia has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

ARA Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • Ariadne Australia has no CEO, or we have no data on them.
Management Team

Natt McMahon

TITLE
CFO & Company Secretary
COMPENSATION
A$336K
TENURE
7 yrs

Dan Weiss

TITLE
Investment Officer
COMPENSATION
A$420K
AGE
38

Gary Weiss

TITLE
Executive Director
COMPENSATION
A$790K
AGE
65
Board of Directors Tenure

Average tenure and age of the Ariadne Australia board of directors in years:

12.4
Average Tenure
70
Average Age
  • The average tenure for the Ariadne Australia board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

David Baffsky

TITLE
Independent Non-Executive Chairman
COMPENSATION
A$157K
AGE
77
TENURE
10.3 yrs

Kevin Seymour

TITLE
Non-Executive Deputy Chairman
COMPENSATION
A$77K
AGE
78

Gary Weiss

TITLE
Executive Director
COMPENSATION
A$790K
AGE
65
TENURE
29.5 yrs

John Murphy

TITLE
Independent Non-Executive Director
COMPENSATION
A$88K
AGE
65
TENURE
12.4 yrs

Maurice Loomes

TITLE
Independent Non-Executive Director
COMPENSATION
A$77K
AGE
70
TENURE
15 yrs

Chris Barter

TITLE
Independent Non-Executive Director
COMPENSATION
A$25K
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
24. Dec 18 Sell Gary Weiss Individual 24. Dec 18 24. Dec 18 -1,900,000 A$0.70 A$-1,329,999
19. Dec 18 Buy Christopher Barter Individual 19. Dec 18 19. Dec 18 2,000,000 A$0.70 A$1,399,999
19. Dec 18 Buy David Baffsky Individual 19. Dec 18 19. Dec 18 4,000,000 A$0.70 A$2,799,998
19. Dec 18 Sell Gary Weiss Individual 19. Dec 18 19. Dec 18 -10,000,000 A$0.70 A$-6,999,994
X
Management checks
We assess Ariadne Australia's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Ariadne Australia has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

ARA News

Simply Wall St News

Here’s why Ariadne Australia Limited’s (ASX:ARA) Returns On Capital Matters So Much

Analysts use this formula to calculate return on capital employed: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Ariadne Australia: 0.11 = AU$18m ÷ (AU$172m - AU$7.7m) (Based on the trailing twelve months to December 2018.) So, Ariadne Australia has an ROCE of 11%. … What Are Current Liabilities, And How Do They Affect Ariadne Australia's ROCE? … The ROCE equation subtracts current liabilities from capital employed, so a company with a lot of current liabilities appears to have less capital employed, and a higher ROCE than otherwise.

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Looking At Ariadne Australia Limited (ASX:ARA) From All Angles

Ariadne Australia Limited (ASX:ARA) is a company with exceptional fundamental characteristics. … is a company that has been able to sustain great financial health, trading at an attractive share price. … report on Ariadne Australia here

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What Type Of Shareholder Owns Ariadne Australia Limited's (ASX:ARA)?

Every investor in Ariadne Australia Limited (ASX:ARA) should be aware of the most powerful shareholder groups. … Ariadne Australia is a smaller company with a market capitalization of AU$121m, so it may still be flying under the radar of many institutional investors. … See our latest analysis for Ariadne Australia

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Don't Sell Ariadne Australia Limited (ASX:ARA) Before You Read This

This article is written for those who want to get better at using price to earnings ratios (P/E ratios). … To keep it practical, we'll show how Ariadne Australia Limited's (ASX:ARA) P/E ratio could help you assess the value on offer. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

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Is Ariadne Australia Limited’s (ASX:ARA) Return On Capital Employed Any Good?

In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … What is Return On Capital Employed (ROCE)? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.

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Read This Before Buying Ariadne Australia Limited (ASX:ARA) Shares

So before you buy or sell Ariadne Australia Limited (ASX:ARA), you may well want to know whether insiders have been buying or selling. … As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.'. … So we know that an insider sold shares at around the present share price of AU$0.67.

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Here's How P/E Ratios Can Help Us Understand Ariadne Australia Limited (ASX:ARA)

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … Ariadne Australia has a price to earnings ratio of 9.1, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

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Who Are The Largest Shareholders In Ariadne Australia Limited (ASX:ARA)?

In this analysis, my focus will be on developing a perspective on Ariadne Australia Limited’s (ASX:ARA) latest ownership structure, a less discussed, but important factor. … When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. … Check out our latest analysis for Ariadne Australia

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What Investors Should Know About Ariadne Australia Limited's (ASX:ARA) Financial Strength

While small-cap stocks, such as Ariadne Australia Limited (ASX:ARA) with its market cap of AU$127.79m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … since poor capital management may bring about bankruptcies,

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Does Ariadne Australia Limited's (ASX:ARA) PE Ratio Signal A Buying Opportunity?

and want to better understand how you can grow your money by investing in Ariadne Australia Limited (ASX:ARA). … Ariadne Australia Limited (ASX:ARA) is currently trading at a trailing P/E of 13.7x, which is lower than the industry average of 15.6x. … See our latest analysis for Ariadne Australia

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ARA Company Info

Description

Ariadne Australia Limited engages in the car park infrastructure operation and management activities in Australia and New Zealand. The company operates through Investments, Car Parking, and Property segments. It operates a 595 bay car park situated in the Queens Plaza retail center in the Brisbane CBD; and a car park comprising 299 bays located at Tank Street, west of the CBD. The company also invests in securities. In addition, it owns and operates Orams Marine village, a marine center located in Auckland, New Zealand; and an 11-storey commercial office tower in Brisbane, Queensland. The company is based in Sydney, Australia.

Details
Name: Ariadne Australia Limited
ARA
Exchange: ASX
Founded:
A$127,545,562
193,250,852
Website: http://www.ariadne.com.au
Address: Ariadne Australia Limited
Chifley Tower,
Level 27,
Sydney,
New South Wales, 2000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX ARA Ordinary Shares Australian Securities Exchange AU AUD 29. Dec 1994
CHIA ARA Ordinary Shares Chi-X Australia AU AUD 29. Dec 1994
Number of employees
Current staff
Staff numbers
14
Ariadne Australia employees.
Industry
Environmental and Facilities Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/22 10:31
End of day share price update: 2019/05/21 00:00
Last earnings filing: 2019/02/22
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.