company background image
AGI

Ainsworth Game TechnologyASX:AGI Stock Report

Market Cap

AU$468.1m

7D

1.5%

1Y

341.3%

Updated

16 Oct, 2021

Data

Company Financials +
AGI fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance0/6
Financial Health5/6
Dividends0/6

AGI Overview

Ainsworth Game Technology Limited designs, develops, manufactures, leases, sells, and services gaming machines, and other related equipment and services.

Rewards

Earnings are forecast to grow 99.95% per year

Risk Analysis

No risks detected for AGI from our risk checks.

Ainsworth Game Technology Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ainsworth Game Technology
Historical stock prices
Current Share PriceAU$1.39
52 Week HighAU$0.28
52 Week LowAU$1.47
Beta1.46
1 Month Change13.01%
3 Month Change16.81%
1 Year Change341.27%
3 Year Change26.36%
5 Year Change-33.17%
Change since IPO16.81%

Recent News & Updates

Sep 08
Ainsworth Game Technology (ASX:AGI) Has Debt But No Earnings; Should You Worry?

Ainsworth Game Technology (ASX:AGI) Has Debt But No Earnings; Should You Worry?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Apr 28
Would Ainsworth Game Technology (ASX:AGI) Be Better Off With Less Debt?

Would Ainsworth Game Technology (ASX:AGI) Be Better Off With Less Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

AGIAU HospitalityAU Market
7D1.5%0.1%0.9%
1Y341.3%41.7%20.2%

Return vs Industry: AGI exceeded the Australian Hospitality industry which returned 41.7% over the past year.

Return vs Market: AGI exceeded the Australian Market which returned 20.2% over the past year.

Price Volatility

Is AGI's price volatile compared to industry and market?
AGI volatility
AGI Beta1.46
Industry Beta1.23
Market Beta1

Stable Share Price: AGI is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: AGI's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1995n/aHarald Michael Neumannhttps://www.agtslots.com

Ainsworth Game Technology Limited designs, develops, manufactures, leases, sells, and services gaming machines, and other related equipment and services. The company operates in the on-line real money and social gaming markets. It has operations in Australia, North America, Latin America, Europe, New Zealand, and Asia.

Ainsworth Game Technology Fundamentals Summary

How do Ainsworth Game Technology's earnings and revenue compare to its market cap?
AGI fundamental statistics
Market CapAU$468.14m
Earnings (TTM)-AU$53.41m
Revenue (TTM)AU$159.52m

2.9x

P/S Ratio

-8.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AGI income statement (TTM)
RevenueAU$159.52m
Cost of RevenueAU$69.96m
Gross ProfitAU$89.56m
ExpensesAU$142.97m
Earnings-AU$53.41m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.16
Gross Margin56.15%
Net Profit Margin-33.48%
Debt/Equity Ratio12.9%

How did AGI perform over the long term?

See historical performance and comparison

Valuation

Is Ainsworth Game Technology undervalued compared to its fair value and its price relative to the market?

1.63x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: AGI (A$1.39) is trading above our estimate of fair value (A$0.49)

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


Price To Earnings Ratio

PE vs Industry: AGI is unprofitable, so we can't compare its PE Ratio to the Australian Hospitality industry average.

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


Price to Book Ratio

PB vs Industry: AGI is good value based on its PB Ratio (1.6x) compared to the AU Hospitality industry average (3.7x).


Future Growth

How is Ainsworth Game Technology forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

99.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AGI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: AGI is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: AGI's is expected to become profitable in the next 3 years.

Revenue vs Market: AGI's revenue (8.2% per year) is forecast to grow faster than the Australian market (5.4% per year).

High Growth Revenue: AGI's revenue (8.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AGI's Return on Equity is forecast to be low in 3 years time (4.2%).


Past Performance

How has Ainsworth Game Technology performed over the past 5 years?

-68.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AGI is currently unprofitable.

Growing Profit Margin: AGI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AGI is unprofitable, and losses have increased over the past 5 years at a rate of 68.1% per year.

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

Earnings vs Industry: AGI is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (4.2%).


Return on Equity

High ROE: AGI has a negative Return on Equity (-18.55%), as it is currently unprofitable.


Financial Health

How is Ainsworth Game Technology's financial position?


Financial Position Analysis

Short Term Liabilities: AGI's short term assets (A$191.8M) exceed its short term liabilities (A$46.7M).

Long Term Liabilities: AGI's short term assets (A$191.8M) exceed its long term liabilities (A$58.5M).


Debt to Equity History and Analysis

Debt Level: AGI's debt to equity ratio (12.9%) is considered satisfactory.

Reducing Debt: AGI's debt to equity ratio has reduced from 21.4% to 12.9% over the past 5 years.

Debt Coverage: AGI's debt is well covered by operating cash flow (59.7%).

Interest Coverage: Insufficient data to determine if AGI's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Ainsworth Game Technology current dividend yield, its reliability and sustainability?

0.46%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if AGI's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: AGI is not paying a notable dividend for the Australian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of AGI'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?

4.7yrs

Average board tenure


CEO

Harald Michael Neumann (59 yo)

no data

Tenure

Magistrate Harald Michael Karl Neumann served as the Spokesman of the Management Team at NOVOMATIC Gaming Industries GmbH. He serves as Chief Executive Officer and Director at Ainsworth Game Technology Ltd...


Board Members

Experienced Board: AGI's board of directors are considered experienced (4.7 years average tenure).


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

Ainsworth Game Technology Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Ainsworth Game Technology Limited
  • Ticker: AGI
  • Exchange: ASX
  • Founded: 1995
  • Industry: Casinos and Gaming
  • Sector: Consumer Services
  • Market Cap: AU$468.144m
  • Shares outstanding: 336.79m
  • Website: https://www.agtslots.com

Location

  • Ainsworth Game Technology Limited
  • 10 Holker Street
  • Newington
  • New South Wales
  • 2127
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/16 07:01
End of Day Share Price2021/10/15 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.