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ATP

Atlas PearlsASX:ATP Stock Report

Market Cap

AU$11.9m

7D

12.0%

1Y

211.1%

Updated

25 Oct, 2021

Data

Company Financials
ATP fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends0/6

ATP Overview

Atlas Pearls Limited produces and supplies south sea pearls in Australia, Indonesia, and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Atlas Pearls
Historical stock prices
Current Share PriceAU$0.028
52 Week HighAU$0.009
52 Week LowAU$0.038
Beta0.75
1 Month Change12.00%
3 Month Change75.00%
1 Year Change211.11%
3 Year Change47.37%
5 Year Change-39.13%
Change since IPO-93.25%

Recent News & Updates

Sep 07
Why Atlas Pearls' (ASX:ATP) Earnings Are Weaker Than They Seem

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...

Jun 13
Does Atlas Pearls (ASX:ATP) Have A Healthy Balance Sheet?

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...

Feb 28
Is Atlas Pearls (ASX:ATP) Using Debt In A Risky Way?

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...

Shareholder Returns

ATPAU LuxuryAU Market
7D12.0%1.6%0.6%
1Y211.1%42.0%21.3%

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.

Price Volatility

Is ATP's price volatile compared to industry and market?
ATP volatility
ATP Beta0.75
Industry Beta0.94
Market Beta1

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

FoundedEmployeesCEOWebsite
1987781n/ahttps://www.atlaspearls.com.au

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

How do Atlas Pearls's earnings and revenue compare to its market cap?
ATP fundamental statistics
Market CapAU$11.89m
Earnings (TTM)AU$6.72m
Revenue (TTM)AU$18.28m

1.8x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ATP income statement (TTM)
RevenueAU$18.28m
Cost of RevenueAU$8.53m
Gross ProfitAU$9.75m
ExpensesAU$3.03m
EarningsAU$6.72m

Valuation

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

>50%

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).


Future Growth

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

15.8%

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.


Past Performance

How has Atlas Pearls performed over the past 5 years?

-38.0%

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.


Financial Health

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).


Balance Sheet


Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.6yrs

Average management tenure


CEO

Atlas Pearls has no CEO, or we have no data on them.


Leadership Team

Experienced Management: ATP's management team is considered experienced (4.6 years average tenure).


Board Members

Experienced Board: ATP's board of directors are considered experienced (6.7 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Atlas Pearls Limited's employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Atlas Pearls Limited
  • 26 Railway Road
  • Subiaco
  • Western Australia
  • 6008
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 16:36
End of Day Share Price2021/10/25 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.