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M8S

M8 SustainableASX:M8S Stock Report

Market Cap

AU$11.8m

7D

0%

1Y

-61.5%

Updated

22 Oct, 2021

Data

Company Financials
M8S fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

M8S Overview

M8 Sustainable Limited provides waste management services to domestic, industrial, and local government clients in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for M8 Sustainable
Historical stock prices
Current Share PriceAU$0.025
52 Week HighAU$0.018
52 Week LowAU$0.076
Beta0
1 Month Change-24.24%
3 Month Change4.17%
1 Year Change-61.54%
3 Year Changen/a
5 Year Changen/a
Change since IPO-85.29%

Recent News & Updates

Shareholder Returns

M8SAU Commercial ServicesAU Market
7D0%1.9%0.7%
1Y-61.5%11.9%21.4%

Return vs Industry: M8S underperformed the Australian Commercial Services industry which returned 11.9% over the past year.

Return vs Market: M8S underperformed the Australian Market which returned 21.4% over the past year.

Price Volatility

Is M8S's price volatile compared to industry and market?
M8S volatility
M8S Beta0
Industry Beta0.91
Market Beta1

Stable Share Price: M8S is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: M8S's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2017n/aTom Rudashttps://www.m8sustainable.com.au

M8 Sustainable Limited provides waste management services to domestic, industrial, and local government clients in Australia. It operates through three segments: Waste Management, Operations and Maintenance, and Landfill Operations. The company offers waste recycling and resource recovery services.

M8 Sustainable Fundamentals Summary

How do M8 Sustainable's earnings and revenue compare to its market cap?
M8S fundamental statistics
Market CapAU$11.76m
Earnings (TTM)-AU$10.46m
Revenue (TTM)AU$8.05m

1.5x

P/S Ratio

-1.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
M8S income statement (TTM)
RevenueAU$8.05m
Cost of RevenueAU$8.20m
Gross Profit-AU$151.30k
ExpensesAU$10.31m
Earnings-AU$10.46m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.022
Gross Margin-1.88%
Net Profit Margin-129.99%
Debt/Equity Ratio116.3%

How did M8S perform over the long term?

See historical performance and comparison

Valuation

Is M8 Sustainable undervalued compared to its fair value and its price relative to the market?

1.18x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate M8S's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate M8S's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: M8S is unprofitable, so we can't compare its PE Ratio to the Australian Commercial Services industry average.

PE vs Market: M8S 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 M8S's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: M8S is good value based on its PB Ratio (1.2x) compared to the AU Commercial Services industry average (2.6x).


Future Growth

How is M8 Sustainable forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.2%

Forecasted Commercial Services 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 M8 Sustainable 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 M8 Sustainable performed over the past 5 years?

24.1%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: M8S is currently unprofitable.

Growing Profit Margin: M8S is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if M8S's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare M8S's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: M8S is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (7.9%).


Return on Equity

High ROE: M8S has a negative Return on Equity (-104.87%), as it is currently unprofitable.


Financial Health

How is M8 Sustainable's financial position?


Financial Position Analysis

Short Term Liabilities: M8S's short term assets (A$4.1M) exceed its short term liabilities (A$3.6M).

Long Term Liabilities: M8S's short term assets (A$4.1M) do not cover its long term liabilities (A$18.7M).


Debt to Equity History and Analysis

Debt Level: M8S's debt to equity ratio (116.3%) is considered high.

Reducing Debt: Insufficient data to determine if M8S's debt to equity ratio has reduced 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: M8S has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: M8S has less than a year of cash runway if free cash flow continues to reduce at historical rates of 34.1% each year


Dividend

What is M8 Sustainable current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate M8S's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate M8S'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 M8S's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if M8S'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 M8S'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?

2.0yrs

Average board tenure


CEO

Tom Rudas

no data

Tenure

AU$200,395

Compensation

Mr. Tomasz Jacek Rudas, also known as Tom, BSc (Hons), MBA, is the Managing Director at Brockwaste WA Operations Pty Ltd. He serves as Managing Director and Chief Executive Officer at M8 Sustainable Limite...


CEO Compensation Analysis

Compensation vs Market: Tom's total compensation ($USD150.07K) is below average for companies of similar size in the Australian market ($USD303.33K).

Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: M8S's board of directors are not considered experienced ( 2 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 101.7%.


Top Shareholders

Company Information

M8 Sustainable Limited's employee growth, exchange listings and data sources


Key Information

  • Name: M8 Sustainable Limited
  • Ticker: M8S
  • Exchange: ASX
  • Founded: 2017
  • Industry: Environmental and Facilities Services
  • Sector: Commercial Services
  • Market Cap: AU$11.761m
  • Shares outstanding: 470.46m
  • Website: https://www.m8sustainable.com.au

Location

  • M8 Sustainable Limited
  • 48 Kelvin Road
  • Unit 1
  • Maddington
  • Western Australia
  • 6109
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 07:05
End of Day Share Price2021/10/22 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.