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VVA

Viva LeisureASX:VVA Stock Report

Market Cap

AU$203.2m

7D

-1.3%

1Y

-19.2%

Updated

25 Oct, 2021

Data

Company Financials +
VVA fundamental analysis
Snowflake Score
Valuation1/6
Future Growth5/6
Past Performance0/6
Financial Health3/6
Dividends0/6

VVA Overview

Viva Leisure Limited operates health clubs with the health and leisure industry.

Price History & Performance

Summary of all time highs, changes and price drops for Viva Leisure
Historical stock prices
Current Share PriceAU$2.27
52 Week HighAU$1.51
52 Week LowAU$3.66
Beta2.56
1 Month Change-1.30%
3 Month Change25.76%
1 Year Change-19.22%
3 Year Changen/a
5 Year Changen/a
Change since IPO110.19%

Recent News & Updates

May 14
Estimating The Fair Value Of Viva Leisure Limited (ASX:VVA)

Estimating The Fair Value Of Viva Leisure Limited (ASX:VVA)

In this article we are going to estimate the intrinsic value of Viva Leisure Limited ( ASX:VVA ) by taking the expected...

Shareholder Returns

VVAAU HospitalityAU Market
7D-1.3%-0.8%0.6%
1Y-19.2%38.7%21.3%

Return vs Industry: VVA underperformed the Australian Hospitality industry which returned 38.7% over the past year.

Return vs Market: VVA underperformed the Australian Market which returned 21.3% over the past year.

Price Volatility

Is VVA's price volatile compared to industry and market?
VVA volatility
VVA Beta2.56
Industry Beta1.23
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
2004n/aHarry Konstantinouhttps://investors.vivaleisure.com.au

Viva Leisure Limited operates health clubs with the health and leisure industry. As of October 12, 2021, it operated approximately 122 health clubs under the Club Lime brand name within the Australian Capital Territory, New South Wales, Queensland, and Victoria, Australia; and 200 franchised health clubs under the Plus Fitness brand in Australia, New Zealand, and India. The company was founded in 2004 and is based in Mitchell, Australia.

Viva Leisure Fundamentals Summary

How do Viva Leisure's earnings and revenue compare to its market cap?
VVA fundamental statistics
Market CapAU$203.20m
Earnings (TTM)-AU$6.38m
Revenue (TTM)AU$83.72m

2.4x

P/S Ratio

-31.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
VVA income statement (TTM)
RevenueAU$83.72m
Cost of RevenueAU$29.61m
Gross ProfitAU$54.11m
ExpensesAU$60.49m
Earnings-AU$6.38m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.071
Gross Margin64.63%
Net Profit Margin-7.63%
Debt/Equity Ratio11.6%

How did VVA perform over the long term?

See historical performance and comparison

Valuation

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

2.35x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate VVA's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate VVA's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: VVA is good value based on its PB Ratio (2.4x) compared to the AU Hospitality industry average (3.8x).


Future Growth

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

58.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: VVA's revenue (20.3% per year) is forecast to grow faster than the Australian market (5.3% per year).

High Growth Revenue: VVA's revenue (20.3% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: VVA's Return on Equity is forecast to be low in 3 years time (11.5%).


Past Performance

How has Viva Leisure performed over the past 5 years?

-58.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VVA is currently unprofitable.

Growing Profit Margin: VVA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: VVA is unprofitable, and losses have increased over the past 5 years at a rate of 58.1% per year.

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

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


Return on Equity

High ROE: VVA has a negative Return on Equity (-7.39%), as it is currently unprofitable.


Financial Health

How is Viva Leisure's financial position?


Financial Position Analysis

Short Term Liabilities: VVA's short term assets (A$23.6M) do not cover its short term liabilities (A$39.2M).

Long Term Liabilities: VVA's short term assets (A$23.6M) do not cover its long term liabilities (A$272.6M).


Debt to Equity History and Analysis

Debt Level: VVA's debt to equity ratio (11.6%) is considered satisfactory.

Reducing Debt: VVA had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


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: VVA has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if VVA has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

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


Dividend Yield vs Market

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

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

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

6.0yrs

Average management tenure


CEO

Harry Konstantinou

6.25yrs

Tenure

AU$558,814

Compensation

Mr. Harry Konstantinou has been Chief Executive Officer and Managing Director at Viva Leisure Limited since July 15, 2015 and its Director since 2004. Mr. Konstantinou co-founded Viva Leisure in 2004 and h...


CEO Compensation Analysis

Compensation vs Market: Harry's total compensation ($USD418.90K) is about average for companies of similar size in the Australian market ($USD552.88K).

Compensation vs Earnings: Harry's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: VVA's management team is seasoned and experienced (6 years average tenure).


Board Members

Experienced Board: VVA's board of directors are not considered experienced ( 2 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: 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 25.2%.


Top Shareholders

Company Information

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


Key Information

  • Name: Viva Leisure Limited
  • Ticker: VVA
  • Exchange: ASX
  • Founded: 2004
  • Industry: Leisure Facilities
  • Sector: Consumer Services
  • Market Cap: AU$203.197m
  • Shares outstanding: 89.51m
  • Website: https://investors.vivaleisure.com.au

Location

  • Viva Leisure Limited
  • Unit 7
  • First Floor
  • Mitchell
  • Australian Capital Territory
  • 2911
  • 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 16:59
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.