ASX:AMS

Stock Analysis Report

Executive Summary

Atomos Limited manufactures and sells video equipment for video content creators in the North America, Europe, the Middle East, Africa, the Asia Pacific, and Internationally.

Snowflake

Fundamentals

Mediocre balance sheet with limited growth.

Share Price & News

How has Atomos's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-7.2%

AMS

-2.7%

AU Consumer Durables

0.1%

AU Market


1 Year Return

n/a

AMS

19.7%

AU Consumer Durables

11.9%

AU Market

Return vs Industry: Insufficient data to determine how AMS performed against the Australian Consumer Durables industry.

Return vs Market: Insufficient data to determine how AMS performed against the Australian Market.


Shareholder returns

AMSIndustryMarket
7 Day-7.2%-2.7%0.1%
30 Day-18.0%-5.3%-1.1%
90 Day5.6%-8.8%-1.4%
1 Yearn/a23.2%19.7%18.5%11.9%
3 Yearn/a34.7%23.6%36.4%18.1%
5 Yearn/a107.6%78.8%50.9%16.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

9.26x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: AMS (A$1.42) is trading above our estimate of fair value (A$0.89)

Significantly Below Fair Value: AMS is trading above our estimate of fair value.


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: AMS is overvalued based on its PB Ratio (9.3x) compared to the AU Consumer Durables industry average (4.4x).


Next Steps

Future Growth

How is Atomos forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

22.0%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if AMS's forecast earnings growth is above the savings rate (2.3%).

Earnings vs Market: Insufficient data to determine if AMS's earnings are forecast to grow faster than the Australian market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: AMS's revenue (22% per year) is forecast to grow faster than the Australian market (3.6% per year).

High Growth Revenue: AMS's revenue (22% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AMS's Return on Equity is forecast to be low in 3 years time (15.1%).


Next Steps

Past Performance

How has Atomos performed over the past 5 years?

88.1%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: AMS is unprofitable, and there is insufficient past data to establish if their past 5-year earnings growth rate was positive.

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

Earnings vs Industry: AMS is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Durables industry (4.3%).


Return on Equity

High ROE: AMS has a negative Return on Equity (-8.44%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: AMS is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: AMS is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Atomos's financial position?


Financial Position Analysis

Short Term Liabilities: AMS's short term assets (A$25.7M) exceeds its short term liabilities (A$12.6M)

Long Term Liabilities: AMS's short term assets (25.7M) exceeds its long term liabilities (42.0K)


Debt to Equity History and Analysis

Debt Level: AMS's debt to equity ratio (6.5%) is considered satisfactory

Reducing Debt: Insufficient data to determine if AMS's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

Inventory Level: AMS has a high level of physical assets or inventory.

Debt Coverage by Assets: AMS's debt is covered by short term assets (assets are 17.158000x debt).


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: AMS has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if AMS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.4%markettop25%5.6%industryaverage3.2%forecastin3Years0%

Current dividend yield vs market & industry


Stability and Growth of Payments

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

High Dividend: Unable to evaluate AMS's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if AMS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AMS'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 AMS's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

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

2.1yrs

Average board tenure


CEO

Jeromy Young 0

10.8yrs

Tenure

0

Mr. Jeromy Michael Young is a Chief Executive Offer, MD and Executive Director of Atomos Limited since September 29, 2009. He has over 20 years of technology and management experience. Mr. Young commenced  ...


Board Age and Tenure

2.1yrs

Average Tenure

62yo

Average Age

Experienced Board: AMS's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyAU$229,67815 Oct 19
UBS Asset Management
EntityCompany
Shares142,230
Max PriceAU$1.61
SellAU$4,778,11615 Oct 19
UBS Asset Management
EntityCompany
Shares3,009,959
Max PriceAU$1.59
BuyAU$13,729,31913 Oct 19
UBS Asset Management
EntityCompany
Shares9,889,297
Max PriceAU$1.39
SellAU$2,191,39813 Oct 19
UBS Asset Management
EntityCompany
Shares1,703,687
Max PriceAU$1.29
SellAU$1,441,21309 Jul 19
Ellerston Capital Limited
EntityCompany
Shares1,304,961
Max PriceAU$1.10
SellAU$10,529,99403 Jul 19
Imagination Technologies Group plc
EntityCompany
Shares10,530,000
Max PriceAU$1.00
SellAU$355,81803 Jul 19
Perennial Value Management Limited
EntityCompany
Shares310,651
Max PriceAU$1.15
BuyAU$2,597,20803 Jul 19
Perennial Value Management Limited
EntityCompany
Shares2,684,314
Max PriceAU$0.97
SellAU$2,999,99422 Mar 19
Common Sense Computing Pty. Ltd.
EntityCompany
Shares5,000,000
Max PriceAU$0.60
SellAU$347,96922 Mar 19
Common Sense Computing Pty. Ltd.
EntityCompany
Shares430,517
Max PriceAU$0.81
BuyAU$2,108,32218 Mar 19
Perennial Value Management Limited
EntityCompany
Shares3,364,036
Max PriceAU$0.63
SellAU$304,32018 Mar 19
Perennial Value Management Limited
EntityCompany
Shares349,671
Max PriceAU$0.87

Ownership Breakdown


Management Team

  • James Cody

    Chief Financial Officer

    • Tenure: 0yrs
  • Jeromy Young

    Co-Founder

    • Tenure: 10.8yrs
  • Trevor Elbourne

    Chief Technology Officer

    • Tenure: 0yrs
  • Naofumi Yoneda

    Chief Design Officer

    • Tenure: 0yrs
  • Stephan Kexel

    Global Sales Director

    • Tenure: 0yrs
  • Rob Song

    Co-Founder & President of Atomos APAC

    • Tenure: 10.8yrs
  • Lisa Dadswell

    Company Secretary

    • Tenure: 0yrs

Board Members

  • Hossein Yassaie (62yo)

    Independent Non-Executive Director

    • Tenure: 3.1yrs
  • Stephen Stanley (60yo)

    Independent Non-Executive Director

    • Tenure: 0.7yrs
  • Neil Chatfield (65yo)

    Advisor to the Board

    • Tenure: 0.7yrs
  • Chris Tait

    Independent Non-Executive Chairman

    • Tenure: 2.1yrs
  • Jeromy Young

    Co-Founder

    • Tenure: 10.8yrs

Company Information

Atomos Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Atomos Limited
  • Ticker: AMS
  • Exchange: ASX
  • Founded: 2009
  • Industry: Consumer Electronics
  • Sector: Consumer Durables
  • Market Cap: AU$235.200m
  • Shares outstanding: 159.46m
  • Website: https://www.atomos.com

Location

  • Atomos Limited
  • 29 Nott Street
  • Port Melbourne
  • Victoria
  • 3207
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AMSASX (Australian Securities Exchange)YesOrdinary SharesAUAUDDec 2018
AMSCHIA (Chi-X Australia)YesOrdinary SharesAUAUDDec 2018

Biography

Atomos Limited manufactures and sells video equipment for video content creators in the North America, Europe, the Middle East, Africa, the Asia Pacific, and Internationally. The company offers 4K monitor  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 10:44
End of Day Share Price2019/10/22 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.