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SLA

SILK Laser AustraliaASX:SLA Stock Report

Market Cap

AU$256.7m

7D

8.7%

1Y

n/a

Updated

21 Oct, 2021

Data

Company Financials +
SLA fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance2/6
Financial Health6/6
Dividends0/6

SLA Overview

SILK Laser Australia Limited operates and franchises a network of specialist clinics that offer non-surgical aesthetic products and services.

Price History & Performance

Summary of all time highs, changes and price drops for SILK Laser Australia
Historical stock prices
Current Share PriceAU$4.85
52 Week HighAU$3.28
52 Week LowAU$5.30
Beta0
1 Month Change27.30%
3 Month Change22.48%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO35.48%

Recent News & Updates

Sep 01
SILK Laser Australia's (ASX:SLA) Strong Earnings Are Of Good Quality

SILK Laser Australia's (ASX:SLA) Strong Earnings Are Of Good Quality

SILK Laser Australia Limited ( ASX:SLA ) just reported healthy earnings but the stock price didn't move much. Investors...

Shareholder Returns

SLAAU Consumer ServicesAU Market
7D8.7%2.6%1.5%
1Yn/a57.4%21.1%

Return vs Industry: Insufficient data to determine how SLA performed against the Australian Consumer Services industry.

Return vs Market: Insufficient data to determine how SLA performed against the Australian Market.

Price Volatility

Is SLA's price volatile compared to industry and market?
SLA volatility
SLA Beta0
Industry Beta0.95
Market Beta1

Stable Share Price: SLA is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: SLA's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2009n/aMartin Perelmanhttps://www.silklaser.com.au

SILK Laser Australia Limited operates and franchises a network of specialist clinics that offer non-surgical aesthetic products and services. Its services include laser hair removal, non-invasive cosmetic injections, and skin and body contouring treatments. The company also engages in the retail sale of skincare products; and provides cosmetic treatments.

SILK Laser Australia Fundamentals Summary

How do SILK Laser Australia's earnings and revenue compare to its market cap?
SLA fundamental statistics
Market CapAU$256.73m
Earnings (TTM)AU$5.02m
Revenue (TTM)AU$58.88m

51.2x

P/E Ratio

4.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SLA income statement (TTM)
RevenueAU$58.88m
Cost of RevenueAU$34.90m
Gross ProfitAU$23.98m
ExpensesAU$18.96m
EarningsAU$5.02m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.095
Gross Margin40.72%
Net Profit Margin8.52%
Debt/Equity Ratio0%

How did SLA perform over the long term?

See historical performance and comparison

Valuation

Is SILK Laser Australia 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: SLA (A$4.85) is trading below our estimate of fair value (A$30.58)

Significantly Below Fair Value: SLA is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: SLA is poor value based on its PE Ratio (51.2x) compared to the Australian Consumer Services industry average (29.4x).

PE vs Market: SLA is poor value based on its PE Ratio (51.2x) compared to the Australian market (19.7x).


Price to Earnings Growth Ratio

PEG Ratio: SLA is poor value based on its PEG Ratio (1.7x)


Price to Book Ratio

PB vs Industry: SLA is overvalued based on its PB Ratio (3.3x) compared to the AU Consumer Services industry average (2.7x).


Future Growth

How is SILK Laser Australia forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

31.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SLA's forecast earnings growth (31% per year) is above the savings rate (1.9%).

Earnings vs Market: SLA's earnings (31% per year) are forecast to grow faster than the Australian market (11.6% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SLA's revenue (16.4% per year) is forecast to grow faster than the Australian market (5.4% per year).

High Growth Revenue: SLA's revenue (16.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SLA's Return on Equity is forecast to be low in 3 years time (13.7%).


Past Performance

How has SILK Laser Australia performed over the past 5 years?

128.0%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: SLA has a large one-off loss of A$3.1M impacting its June 30 2021 financial results.

Growing Profit Margin: SLA's current net profit margins (8.5%) are higher than last year (6.8%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if SLA's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare SLA's past year earnings growth to its 5-year average.

Earnings vs Industry: SLA earnings growth over the past year (128%) exceeded the Consumer Services industry 43.2%.


Return on Equity

High ROE: SLA's Return on Equity (6.6%) is considered low.


Financial Health

How is SILK Laser Australia's financial position?


Financial Position Analysis

Short Term Liabilities: SLA's short term assets (A$52.8M) exceed its short term liabilities (A$28.3M).

Long Term Liabilities: SLA's short term assets (A$52.8M) exceed its long term liabilities (A$17.7M).


Debt to Equity History and Analysis

Debt Level: SLA is debt free.

Reducing Debt: SLA had no debt 5 years ago.

Debt Coverage: SLA has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: SLA has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is SILK Laser Australia current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

0.9yrs

Average board tenure


CEO

Martin Perelman

no data

Tenure

Martin Perelman serves as Director of SILK Laser Australia Limited since November 9, 2020 and serves as Managing Director. Martin Perelman is a Founder of SILK Laser Australia Limited. Martin Perelman is a...


Board Members

Experienced Board: SLA's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

Insider Buying: SLA insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: SLA only recently listed within the past 12 months.


Top Shareholders

Company Information

SILK Laser Australia Limited's employee growth, exchange listings and data sources


Key Information

  • Name: SILK Laser Australia Limited
  • Ticker: SLA
  • Exchange: ASX
  • Founded: 2009
  • Industry: Specialized Consumer Services
  • Sector: Consumer Services
  • Market Cap: AU$256.731m
  • Shares outstanding: 52.93m
  • Website: https://www.silklaser.com.au

Location

  • SILK Laser Australia Limited
  • 148 Greenhill Road
  • Suite 5
  • Parkside
  • South Australia
  • 5063
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 18:22
End of Day Share Price2021/10/21 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.