Ovato Limited provides marketing, digital premedia, commercial printing, letterbox delivery, and magazine distribution services in Australia and New Zealand.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.003|
|52 Week High||AU$0.002|
|52 Week Low||AU$0.019|
|1 Month Change||20.00%|
|3 Month Change||20.00%|
|1 Year Change||-72.73%|
|3 Year Change||-98.50%|
|5 Year Change||-99.65%|
|Change since IPO||-99.91%|
Recent News & Updates
Is Ovato (ASX:OVT) Weighed On By Its Debt Load?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Ovato (ASX:OVT) Hasn't Managed To Accelerate Its Returns
What are the early trends we should look for to identify a stock that could multiply in value over the long term...
|OVT||AU Commercial Services||AU Market|
Return vs Industry: OVT underperformed the Australian Commercial Services industry which returned 12.1% over the past year.
Return vs Market: OVT underperformed the Australian Market which returned 21.3% over the past year.
Stable Share Price: OVT is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 41% a week.
Volatility Over Time: OVT's weekly volatility has increased from 30% to 41% over the past year.
About the Company
Ovato Limited provides marketing, digital premedia, commercial printing, letterbox delivery, and magazine distribution services in Australia and New Zealand. The company prints and distributes catalogues, magazines, books, brochures and flyers, stationery, newspapers, directories, packaging, and point of sale products. It serves customers in the retail, publishing, ecommerce, FMCG, and other sectors.
Ovato Fundamentals Summary
|OVT fundamental statistics|
Is OVT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|OVT income statement (TTM)|
|Cost of Revenue||AU$242.12m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0055|
|Net Profit Margin||-15.15%|
How did OVT perform over the long term?See historical performance and comparison
Is Ovato 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 OVT's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate OVT's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: OVT is unprofitable, so we can't compare its PE Ratio to the Australian Commercial Services industry average.
PE vs Market: OVT 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 OVT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: OVT is overvalued based on its PB Ratio (4.9x) compared to the AU Commercial Services industry average (2.6x).
How is Ovato forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Ovato 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 Ovato performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OVT is currently unprofitable.
Growing Profit Margin: OVT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: OVT is unprofitable, and losses have increased over the past 5 years at a rate of 11.3% per year.
Accelerating Growth: Unable to compare OVT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: OVT is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (7.9%).
Return on Equity
High ROE: OVT has a negative Return on Equity (-897.95%), as it is currently unprofitable.
How is Ovato's financial position?
Financial Position Analysis
Short Term Liabilities: OVT's short term assets (A$121.7M) do not cover its short term liabilities (A$126.3M).
Long Term Liabilities: OVT's short term assets (A$121.7M) exceed its long term liabilities (A$112.0M).
Debt to Equity History and Analysis
Debt Level: OVT's debt to equity ratio (729%) is considered high.
Reducing Debt: OVT's debt to equity ratio has increased from 21% to 729% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: OVT has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: OVT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 29.6% each year
What is Ovato current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate OVT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate OVT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if OVT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if OVT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: OVT is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of OVT's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. James Hannan had been Chief Operating Officer at Ovato Limited (formerly known as PMP Limited) since December 07, 2017 until 2021 and served as its Chief Executive Officer of Marketing Services until 2...
CEO Compensation Analysis
Compensation vs Market: James's total compensation ($USD408.94K) is above average for companies of similar size in the Australian market ($USD302.38K).
Compensation vs Earnings: Insufficient data to compare James's compensation with company performance.
Experienced Management: OVT's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Experienced Board: OVT's board of directors are considered experienced (3 years average tenure).
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 been substantially diluted in the past year, with total shares outstanding growing by 1568.4%.
Ovato Limited's employee growth, exchange listings and data sources
- Name: Ovato Limited
- Ticker: OVT
- Exchange: ASX
- Founded: 1990
- Industry: Commercial Printing
- Sector: Commercial Services
- Market Cap: AU$36.638m
- Shares outstanding: 12.21b
- Website: https://www.ovato.com.au
Number of Employees
- Ovato Limited
- 60 Union Street
- Level 4
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 16:39|
|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.