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ALG

Ardent Leisure GroupASX:ALG Stock Report

Market Cap

AU$693.2m

7D

-0.7%

1Y

107.9%

Updated

26 Oct, 2021

Data

Company Financials +
ALG fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance0/6
Financial Health3/6
Dividends0/6

ALG Overview

Ardent Leisure Group Limited owns and operates leisure and entertainment assets in Australia and the United States.

Rewards

Earnings are forecast to grow 87.09% per year

Risk Analysis

No risks detected for ALG from our risk checks.

Price History & Performance

Summary of all time highs, changes and price drops for Ardent Leisure Group
Historical stock prices
Current Share PriceAU$1.45
52 Week HighAU$0.56
52 Week LowAU$1.65
Beta2.47
1 Month Change-2.03%
3 Month Change47.45%
1 Year Change107.91%
3 Year Change-9.69%
5 Year Change-27.39%
Change since IPO83.40%

Recent News & Updates

Shareholder Returns

ALGAU HospitalityAU Market
7D-0.7%-0.1%0.8%
1Y107.9%44.6%24.4%

Return vs Industry: ALG exceeded the Australian Hospitality industry which returned 44.6% over the past year.

Return vs Market: ALG exceeded the Australian Market which returned 24.4% over the past year.

Price Volatility

Is ALG's price volatile compared to industry and market?
ALG volatility
ALG Beta2.47
Industry Beta1.23
Market Beta1

Stable Share Price: ALG is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: ALG's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2018n/an/ahttps://www.ardentleisure.com

Ardent Leisure Group Limited owns and operates leisure and entertainment assets in Australia and the United States. The company operates in Main Event and Theme Parks segments. It operates 44 main event sites in Texas, Arizona, Georgia, Illinois, Kentucky, Missouri, New Mexico, Ohio, Oklahoma, Kansas, Florida, Tennessee, Maryland, Delaware, Colorado, and Louisiana, as well as Dreamworld and WhiteWater World in Coomera, Queensland; and the SkyPoint observation deck and climb in Surfers Paradise, Queensland.

Ardent Leisure Group Fundamentals Summary

How do Ardent Leisure Group's earnings and revenue compare to its market cap?
ALG fundamental statistics
Market CapAU$693.18m
Earnings (TTM)-AU$86.93m
Revenue (TTM)AU$390.67m

1.8x

P/S Ratio

-8.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ALG income statement (TTM)
RevenueAU$390.67m
Cost of RevenueAU$93.86m
Gross ProfitAU$296.81m
ExpensesAU$383.74m
Earnings-AU$86.93m

Last Reported Earnings

Jun 29, 2021

Next Earnings Date

Feb 25, 2022

Earnings per share (EPS)-0.18
Gross Margin75.97%
Net Profit Margin-22.25%
Debt/Equity Ratio153.6%

How did ALG perform over the long term?

See historical performance and comparison

Valuation

Is Ardent Leisure Group undervalued compared to its fair value and its price relative to the market?

5.32x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: ALG (A$1.45) is trading above our estimate of fair value (A$0.57)

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: ALG is overvalued based on its PB Ratio (5.3x) compared to the AU Hospitality industry average (3.8x).


Future Growth

How is Ardent Leisure Group forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

87.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: ALG's revenue (12.9% per year) is forecast to grow faster than the Australian market (5.3% per year).

High Growth Revenue: ALG's revenue (12.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ALG's Return on Equity is forecast to be low in 3 years time (19.6%).


Past Performance

How has Ardent Leisure Group performed over the past 5 years?

-20.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ALG is currently unprofitable.

Growing Profit Margin: ALG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ALG is unprofitable, and losses have increased over the past 5 years at a rate of 20% per year.

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

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


Return on Equity

High ROE: ALG has a negative Return on Equity (-51.23%), as it is currently unprofitable.


Financial Health

How is Ardent Leisure Group's financial position?


Financial Position Analysis

Short Term Liabilities: ALG's short term assets (A$130.6M) exceed its short term liabilities (A$121.6M).

Long Term Liabilities: ALG's short term assets (A$130.6M) do not cover its long term liabilities (A$615.4M).


Debt to Equity History and Analysis

Debt Level: ALG's debt to equity ratio (153.6%) is considered high.

Reducing Debt: ALG's debt to equity ratio has increased from 51.1% to 153.6% over the past 5 years.


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: Whilst unprofitable ALG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: ALG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 17.6% per year.


Dividend

What is Ardent Leisure Group current dividend yield, its reliability and sustainability?

0.31%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

3.3yrs

Average management tenure


CEO

Ardent Leisure Group has no CEO, or we have no data on them.


Leadership Team

Experienced Management: ALG's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: ALG's board of directors are considered experienced (4.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ALG 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

Ardent Leisure Group Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Ardent Leisure Group Limited
  • Ticker: ALG
  • Exchange: ASX
  • Founded: 2018
  • Industry: Leisure Facilities
  • Sector: Consumer Services
  • Market Cap: AU$693.175m
  • Shares outstanding: 479.71m
  • Website: https://www.ardentleisure.com

Number of Employees


Location

  • Ardent Leisure Group Limited
  • 83 Mount Street
  • Suite 601
  • North Sydney
  • New South Wales
  • 2060
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 16:13
End of Day Share Price2021/10/26 00:00
Earnings2021/06/29
Annual Earnings2021/06/29


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.