Advanced Share Registry Limited provides share registry and other corporate services in Australia.
+ 1 more risk
Flawless balance sheet second-rate dividend payer.
Share Price & News
How has Advanced Share Registry's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ASW's share price has been volatile over the past 3 months.
7 Day Return
AU Capital Markets
1 Year Return
AU Capital Markets
Return vs Industry: ASW exceeded the Australian Capital Markets industry which returned -24.9% over the past year.
Return vs Market: ASW exceeded the Australian Market which returned -19.1% over the past year.
Price Volatility Vs. Market
How volatile is Advanced Share Registry's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StShould You Be Tempted To Sell Advanced Share Registry Limited (ASX:ASW) Because Of Its P/E Ratio?
1 month ago | Simply Wall StDid Changing Sentiment Drive Advanced Share Registry's (ASX:ASW) Share Price Down By 19%?
2 months ago | Simply Wall StDo These 3 Checks Before Buying Advanced Share Registry Limited (ASX:ASW) For Its Upcoming Dividend
Is Advanced Share Registry undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ASW (A$0.6) is trading below our estimate of fair value (A$0.98)
Significantly Below Fair Value: ASW is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ASW is poor value based on its PE Ratio (17.1x) compared to the Capital Markets industry average (12.5x).
PE vs Market: ASW is poor value based on its PE Ratio (17.1x) compared to the Australian market (13x).
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 (3.1x) compared to the AU Capital Markets industry average (1.1x).
How is Advanced Share Registry forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Examine Advanced Share Registry's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Advanced Share Registry competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Diversified Financials industry.
How has Advanced Share Registry performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ASW has high quality earnings.
Growing Profit Margin: ASW's current net profit margins (26.5%) are lower than last year (38.9%).
Past Earnings Growth Analysis
Earnings Trend: ASW's earnings have grown by 3.1% per year over the past 5 years.
Accelerating Growth: ASW's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ASW had negative earnings growth (-33.1%) over the past year, making it difficult to compare to the Capital Markets industry average (7.7%).
Return on Equity
High ROE: ASW's Return on Equity (18%) is considered low.
How is Advanced Share Registry's financial position?
Financial Position Analysis
Short Term Liabilities: ASW's short term assets (A$5.4M) exceed its short term liabilities (A$1.1M).
Long Term Liabilities: ASW's short term assets (A$5.4M) exceed its long term liabilities (A$484.4K).
Debt to Equity History and Analysis
Debt Level: ASW is debt free.
Reducing Debt: ASW has not had any debt for past 5 years.
Debt Coverage: ASW has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ASW has no debt, therefore coverage of interest payments is not a concern.
What is Advanced Share Registry's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ASW's dividend (6.83%) is higher than the bottom 25% of dividend payers in the Australian market (3.17%).
High Dividend: ASW's dividend (6.83%) is low compared to the top 25% of dividend payers in the Australian market (8.12%).
Stability and Growth of Payments
Stable Dividend: ASW's dividends per share have been stable in the past 10 years.
Growing Dividend: ASW's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (116.6%), ASW's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Kim Phin Chong
Mr. Kim Phin Chong serves as the Chief Executive Officer and Managing Director at Advanced Share Registry Limited. Mr. Chong has been actively involved in the share registry business for over 26 years. Fro ...
CEO Compensation Analysis
Compensation vs Market: Kim Phin's total compensation ($USD0.00) is below average for companies of similar size in the Australian market ($USD238.47K).
Compensation vs Earnings: Kim Phin's compensation has been consistent with company performance over the past year.
|CEO, MD & Director||no data||AU$254.73k||56.12% A$14.0m|
|CFO, Company Secretary & Non-Executive Director||12.67yrs||AU$27.00k||0.57% A$142.1k|
|Non-Executive Director||12.58yrs||AU$27.00k||1.27% A$316.4k|
|Non-Executive Chairman||no data||AU$45.00k||1.28% A$319.0k|
Experienced Board: ASW's board of directors are seasoned and experienced ( 12.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ASW insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Advanced Share Registry Limited's company bio, employee growth, exchange listings and data sources
- Name: Advanced Share Registry Limited
- Ticker: ASW
- Exchange: ASX
- Founded: 1996
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: AU$24.921m
- Shares outstanding: 42.97m
- Website: https://advancedshare.com.au
Number of Employees
- Advanced Share Registry Limited
- 110 Stirling Highway
- Western Australia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ASW||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Jun 2008|
|ASW||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Jun 2008|
Advanced Share Registry Limited provides share registry and other corporate services in Australia. 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. It also engages in the property investment business. The company was founded in 1996 and is based in Nedlands, Australia. Advanced Share Registry Limited is a subsidiary of KMC Automation Pty Ltd.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/08 11:53|
|End of Day Share Price||2020/04/08 00:00|
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.