ASX:AKP

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Audio Pixels Holdings Limited, through its subsidiary, Audio Pixels Limited, develops digital speakers in Australia and Israel.


Snowflake Analysis

Flawless balance sheet with weak fundamentals.

Share Price & News

How has Audio Pixels Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: AKP's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

7.4%

AKP

0.3%

AU Consumer Durables

2.7%

AU Market


1 Year Return

19.7%

AKP

18.3%

AU Consumer Durables

-6.6%

AU Market

Return vs Industry: AKP matched the Australian Consumer Durables industry which returned 19.5% over the past year.

Return vs Market: AKP exceeded the Australian Market which returned -6.9% over the past year.


Shareholder returns

AKPIndustryMarket
7 Day7.4%0.3%2.7%
30 Day46.8%24.1%12.2%
90 Day56.1%18.8%-2.8%
1 Year19.7%19.7%20.2%18.3%-2.7%-6.6%
3 Year24.3%24.3%70.6%58.8%18.2%2.6%
5 Year138.9%138.9%164.7%135.4%33.2%4.4%

Price Volatility Vs. Market

How volatile is Audio Pixels Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

84.12x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: AKP is unprofitable, so we can't compare its PE Ratio to the Consumer Durables industry average.

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


Price to Book Ratio

PB vs Industry: AKP is overvalued based on its PB Ratio (84.1x) compared to the AU Consumer Durables industry average (2.2x).


Next Steps

Future Growth

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

14.0%

Forecasted Consumer Durables 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 Audio Pixels 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.


Next Steps

Past Performance

How has Audio Pixels Holdings performed over the past 5 years?

-17.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AKP is currently unprofitable.

Growing Profit Margin: AKP is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AKP is unprofitable, and losses have increased over the past 5 years at a rate of -17.6% per year.

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

Earnings vs Industry: AKP is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Durables industry (-17.8%).


Return on Equity

High ROE: AKP has a negative Return on Equity (-86.15%), as it is currently unprofitable.


Next Steps

Financial Health

How is Audio Pixels Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: AKP's short term assets (A$6.0M) exceed its short term liabilities (A$2.2M).

Long Term Liabilities: AKP's short term assets (A$6.0M) exceed its long term liabilities (A$271.2K).


Debt to Equity History and Analysis

Debt Level: AKP is debt free.

Reducing Debt: AKP has no debt compared to 5 years ago when its debt to equity ratio was 0.8%.


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: AKP has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: AKP has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 6.6% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

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

AU$67k

CEO Compensation


CEO

Fred Bart (65yo)

no data

Tenure

AU$66,794

Compensation

Mr. Frederick Bart, also known as Fred, serves as Non-Executive Director at Noxopharm Limited since May 2020. He serves as Chief Executive Officer of Audio Pixels Holdings Limited (Alternate Name: Global P ...


CEO Compensation Analysis

Compensation vs Market: Fred's total compensation ($USD46.38K) is below average for companies of similar size in the Australian market ($USD769.73K).

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


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

Audio Pixels Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Audio Pixels Holdings Limited
  • Ticker: AKP
  • Exchange: ASX
  • Founded:
  • Industry: Consumer Electronics
  • Sector: Consumer Durables
  • Market Cap: AU$611.034m
  • Shares outstanding: 28.30m
  • Website: https://www.audiopixels.com.au

Number of Employees


Location

  • Audio Pixels Holdings Limited
  • 75 Elizabeth Street
  • Suite 3
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AKPASX (Australian Securities Exchange)YesOrdinary SharesAUAUDDec 2004
AKPCHIA (Chi-X Australia)YesOrdinary SharesAUAUDDec 2004
GQ8DB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 2004
ADPX.YOTCPK (Pink Sheets LLC)SPONSORED ADRUSUSDJun 2011

Biography

Audio Pixels Holdings Limited, through its subsidiary, Audio Pixels Limited, develops digital speakers in Australia and Israel. The company is based in Sydney, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/04 10:38
End of Day Share Price2020/06/04 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.