ASX:SIT

Stock Analysis Report

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Site Group International

Executive Summary

Site Group International Limited provides training, education, and workforce solutions to government, corporate, and individual clients in Australia and internationally.


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Share Price & News

How has Site Group International's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SIT's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

SIT

4.7%

AU Consumer Services

3.6%

AU Market


1 Year Return

0%

SIT

-29.0%

AU Consumer Services

-10.3%

AU Market

Return vs Industry: SIT exceeded the Australian Consumer Services industry which returned -29% over the past year.

Return vs Market: SIT exceeded the Australian Market which returned -10.3% over the past year.


Shareholder returns

SITIndustryMarket
7 Day0%4.7%3.6%
30 Day12.9%-5.1%0.2%
90 Day40.0%10.1%16.4%
1 Year0%0%-25.7%-29.0%-6.6%-10.3%
3 Year-12.5%-12.5%-2.8%-14.8%18.2%2.5%
5 Year-89.4%-89.4%-38.7%-51.7%35.7%6.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Site Group International undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Site Group International is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Site Group International has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of SIT’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Site Group International regulatory filings.
  • Explore potentially undervalued companies in the Consumer Services industry.

Future Growth

How is Site Group International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

25.8%

Forecasted Consumer Services 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 Site Group International 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.


Next Steps

  • Take a look at our analysis of SIT’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Site Group International competitive advantages and company strategy can generally be found in its financial reports archived here.
  • Explore growth companies in the Consumer Services industry.

Past Performance

How has Site Group International performed over the past 5 years?

-30.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SIT is currently unprofitable.

Growing Profit Margin: SIT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SIT is unprofitable, and losses have increased over the past 5 years at a rate of -30.8% per year.

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

Earnings vs Industry: SIT is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Services industry (-1.1%).


Return on Equity

High ROE: SIT's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Site Group International's financial position?


Financial Position Analysis

Short Term Liabilities: SIT has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: SIT has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: SIT has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: SIT's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: SIT has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: SIT is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.


Next Steps

Dividend

What is Site Group International current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if SIT'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 SIT'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?

9.8yrs

Average board tenure


CEO

Vern Wills (64yo)

no data

Tenure

AU$444,189

Compensation

Mr. Vernon Alan Wills, also known as Vern, serves as the Chief Executive Officer at Site Group International Limited and has been its Managing Director since May 2012. Mr. Wills serves as the Chairman of O ...


CEO Compensation Analysis

Compensation vs Market: Vern's total compensation ($USD309.97K) is about average for companies of similar size in the Australian market ($USD262.14K).

Compensation vs Earnings: Vern's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
Vernon Wills
CEO, MD & Directorno dataAU$444.19k9.38% A$2.7m
Nicasio Alcantara
Independent Non-Executive Director9.75yrsAU$83.50k1.01% A$293.0k
Peter Jones
Chairman of the Board2.08yrsAU$65.70k4.81% A$1.4m

9.8yrs

Average Tenure

68yo

Average Age

Experienced Board: SIT's board of directors are considered experienced (9.8 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 been diluted in the past year, with total shares outstanding growing by 20.2%.


Top Shareholders

Company Information

Site Group International Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Site Group International Limited
  • Ticker: SIT
  • Exchange: ASX
  • Founded:
  • Industry: Education Services
  • Sector: Consumer Services
  • Market Cap: AU$29.033m
  • Shares outstanding: 829.51m
  • Website: https://www.site.edu.au

Number of Employees


Location

  • Site Group International Limited
  • 488 Queen Street
  • Level 4
  • Brisbane
  • Queensland
  • 4000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SITASX (Australian Securities Exchange)YesOrdinary SharesAUAUDDec 2010
SITCHIA (Chi-X Australia)YesOrdinary SharesAUAUDDec 2010

Biography

Site Group International Limited provides training, education, and workforce solutions to government, corporate, and individual clients in Australia and internationally. The company operates through four segments: Site Skills Training–Domestic, Site Skills Training–International, Energy Services, and Tertiary Education. It provides vocational training and assessment services for candidates in the mining and processing, oil and gas, construction, camp services, hospitality, and logistic sectors; diploma and certificate level courses through Site Institute; and English language courses and conferences. The company also offers online learning services; and sources, trains, and deploys skilled labor for various projects. Site Group International Limited is based in Brisbane, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/07 10:34
End of Day Share Price2020/07/07 00:00
Earnings2019/12/31
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.