Atlas Pearls Limited produces and supplies south sea pearls in Australia, Indonesia, and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.028|
|52 Week High||AU$0.009|
|52 Week Low||AU$0.038|
|1 Month Change||12.00%|
|3 Month Change||75.00%|
|1 Year Change||211.11%|
|3 Year Change||47.37%|
|5 Year Change||-39.13%|
|Change since IPO||-93.25%|
Recent News & Updates
Why Atlas Pearls' (ASX:ATP) Earnings Are Weaker Than They Seem
Despite posting strong earnings, Atlas Pearls Ltd's ( ASX:ATP ) stock didn't move much over the last week. We looked...
Does Atlas Pearls (ASX:ATP) Have A Healthy Balance Sheet?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Is Atlas Pearls (ASX:ATP) Using Debt In A Risky Way?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
|ATP||AU Luxury||AU Market|
Return vs Industry: ATP exceeded the Australian Luxury industry which returned 42% over the past year.
Return vs Market: ATP exceeded the Australian Market which returned 21.3% over the past year.
Stable Share Price: ATP is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 22% a week.
Volatility Over Time: ATP's weekly volatility has decreased from 28% to 22% over the past year, but is still higher than 75% of Australian stocks.
About the Company
Atlas Pearls Limited produces and supplies south sea pearls in Australia, Indonesia, and internationally. It owns and operates silver and white pearl farms. The company also manufactures and sells pearl jewelry and related products.
Atlas Pearls Fundamentals Summary
|ATP fundamental statistics|
Is ATP overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ATP income statement (TTM)|
|Cost of Revenue||AU$8.53m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.016|
|Net Profit Margin||36.76%|
How did ATP perform over the long term?See historical performance and comparison
Is Atlas Pearls undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ATP (A$0.03) is trading below our estimate of fair value (A$0.49)
Significantly Below Fair Value: ATP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ATP is good value based on its PE Ratio (1.8x) compared to the Global Luxury industry average (15.8x).
PE vs Market: ATP is good value based on its PE Ratio (1.8x) compared to the Australian market (19.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ATP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ATP is good value based on its PB Ratio (0.6x) compared to the XX Luxury industry average (1.2x).
How is Atlas Pearls forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Atlas Pearls 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 Atlas Pearls performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ATP has a high level of non-cash earnings.
Growing Profit Margin: ATP became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: ATP has become profitable over the past 5 years, growing earnings by -38% per year.
Accelerating Growth: ATP has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ATP has become profitable in the last year, making it difficult to compare its past year earnings growth to the Luxury industry (49.7%).
Return on Equity
High ROE: ATP's Return on Equity (36.5%) is considered high.
How is Atlas Pearls's financial position?
Financial Position Analysis
Short Term Liabilities: ATP's short term assets (A$14.7M) exceed its short term liabilities (A$6.9M).
Long Term Liabilities: ATP's short term assets (A$14.7M) exceed its long term liabilities (A$2.8M).
Debt to Equity History and Analysis
Debt Level: ATP's debt to equity ratio (22.8%) is considered satisfactory.
Reducing Debt: ATP's debt to equity ratio has increased from 16.1% to 22.8% over the past 5 years.
Debt Coverage: ATP's debt is well covered by operating cash flow (89.9%).
Interest Coverage: ATP's interest payments on its debt are well covered by EBIT (10.6x coverage).
What is Atlas Pearls's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ATP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ATP'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 ATP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ATP'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 ATP'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
Atlas Pearls has no CEO, or we have no data on them.
Experienced Management: ATP's management team is considered experienced (4.6 years average tenure).
Experienced Board: ATP's board of directors are considered experienced (6.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ATP insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Atlas Pearls Limited's employee growth, exchange listings and data sources
- Name: Atlas Pearls Limited
- Ticker: ATP
- Exchange: ASX
- Founded: 1987
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: AU$11.895m
- Shares outstanding: 424.81m
- Website: https://www.atlaspearls.com.au
Number of Employees
- Atlas Pearls Limited
- 26 Railway Road
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 16:36|
|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.