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ASW

Advanced Share RegistryASX:ASW Stock Report

Market Cap

AU$42.1m

7D

4.3%

1Y

30.7%

Updated

22 Oct, 2021

Data

Company Financials
ASW fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance6/6
Financial Health6/6
Dividends4/6

ASW Overview

Advanced Share Registry Limited, together with its subsidiaries, provides share registry and other corporate services in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Advanced Share Registry
Historical stock prices
Current Share PriceAU$0.98
52 Week HighAU$0.69
52 Week LowAU$1.07
Beta0.45
1 Month Change5.38%
3 Month Change3.16%
1 Year Change30.67%
3 Year Change50.77%
5 Year Change24.05%
Change since IPO113.04%

Recent News & Updates

Oct 20
Should You Be Adding Advanced Share Registry (ASX:ASW) To Your Watchlist Today?

Should You Be Adding Advanced Share Registry (ASX:ASW) To Your Watchlist Today?

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

Mar 29
Is Advanced Share Registry Limited (ASX:ASW) A Smart Pick For Income Investors?

Is Advanced Share Registry Limited (ASX:ASW) A Smart Pick For Income Investors?

Could Advanced Share Registry Limited ( ASX:ASW ) be an attractive dividend share to own for the long haul? Investors...

Shareholder Returns

ASWAU Capital MarketsAU Market
7D4.3%2.8%0.7%
1Y30.7%26.3%21.4%

Return vs Industry: ASW exceeded the Australian Capital Markets industry which returned 26.3% over the past year.

Return vs Market: ASW exceeded the Australian Market which returned 21.4% over the past year.

Price Volatility

Is ASW's price volatile compared to industry and market?
ASW volatility
ASW Beta0.45
Industry Beta0.99
Market Beta1

Stable Share Price: Insufficient data to determine ASW's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine ASW's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
199620Kim Phin Chonghttps://www.advancedshare.com.au

Advanced Share Registry Limited, together with its subsidiaries, provides share registry and other corporate services in Australia. It operates through two segments, Share Registry Services and Property Investment. The company offers a suite of registry services, including registry maintenance, capital raisings, corporate actions, company meetings, employee share plans, shareholder communications, and in-house printing services.

Advanced Share Registry Fundamentals Summary

How do Advanced Share Registry's earnings and revenue compare to its market cap?
ASW fundamental statistics
Market CapAU$42.12m
Earnings (TTM)AU$2.57m
Revenue (TTM)AU$6.75m

16.4x

P/E Ratio

6.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ASW income statement (TTM)
RevenueAU$6.75m
Cost of RevenueAU$0
Gross ProfitAU$6.75m
ExpensesAU$4.19m
EarningsAU$2.57m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.06
Gross Margin100.00%
Net Profit Margin38.02%
Debt/Equity Ratio0.0%

How did ASW perform over the long term?

See historical performance and comparison

Dividends

4.6%

Current Dividend Yield

75%

Payout Ratio

Valuation

Is Advanced Share Registry undervalued compared to its fair value and its price relative to the market?

3.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ASW (A$0.98) is trading below our estimate of fair value (A$1.02)

Significantly Below Fair Value: ASW is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: ASW is good value based on its PE Ratio (16.4x) compared to the Australian Capital Markets industry average (17.5x).

PE vs Market: ASW is good value based on its PE Ratio (16.4x) compared to the Australian market (19.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ASW's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ASW is overvalued based on its PB Ratio (4.9x) compared to the AU Capital Markets industry average (1.4x).


Future Growth

How is Advanced Share Registry forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.1%

Forecasted Diversified Financials 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 Advanced Share Registry 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.


Past Performance

How has Advanced Share Registry performed over the past 5 years?

0.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ASW has high quality earnings.

Growing Profit Margin: ASW's current net profit margins (38%) are higher than last year (27.3%).


Past Earnings Growth Analysis

Earnings Trend: ASW's earnings have grown by 0.6% per year over the past 5 years.

Accelerating Growth: ASW's earnings growth over the past year (68.5%) exceeds its 5-year average (0.6% per year).

Earnings vs Industry: ASW earnings growth over the past year (68.5%) exceeded the Capital Markets industry 12.8%.


Return on Equity

High ROE: ASW's Return on Equity (29.9%) is considered high.


Financial Health

How is Advanced Share Registry's financial position?


Financial Position Analysis

Short Term Liabilities: ASW's short term assets (A$5.9M) exceed its short term liabilities (A$1.4M).

Long Term Liabilities: ASW's short term assets (A$5.9M) exceed its long term liabilities (A$415.8K).


Debt to Equity History and Analysis

Debt Level: ASW is debt free.

Reducing Debt: ASW has not had any debt for past 5 years.

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

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


Balance Sheet


Dividend

What is Advanced Share Registry current dividend yield, its reliability and sustainability?

4.59%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ASW's dividend (4.59%) is higher than the bottom 25% of dividend payers in the Australian market (2.27%).

High Dividend: ASW's dividend (4.59%) is low compared to the top 25% of dividend payers in the Australian market (5.31%).


Stability and Growth of Payments

Stable Dividend: ASW's dividends per share have been stable in the past 10 years.

Growing Dividend: ASW's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (75.3%), ASW's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

AU$181k

CEO Compensation


CEO

Kim Phin Chong

no data

Tenure

AU$181,418

Compensation

Mr. Kim Phin Chong serves as the Chief Executive Officer and Managing Director at Advanced Share Registry Limited. Mr. Chong has been actively involved in the share registry business for over many years. F...


CEO Compensation Analysis

Compensation vs Market: Kim Phin's total compensation ($USD135.86K) is below average for companies of similar size in the Australian market ($USD303.33K).

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


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

Advanced Share Registry Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Advanced Share Registry Limited
  • Ticker: ASW
  • Exchange: ASX
  • Founded: 1996
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: AU$42.120m
  • Shares outstanding: 42.98m
  • Website: https://www.advancedshare.com.au

Number of Employees


Location

  • Advanced Share Registry Limited
  • 110 Stirling Highway
  • Nedlands
  • Western Australia
  • 6009
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 15:44
End of Day Share Price2021/10/22 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.