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EAS

Easton InvestmentsASX:EAS Stock Report

Market Cap

AU$41.0m

7D

-1.4%

1Y

23.0%

Updated

18 Oct, 2021

Data

Company Financials
EAS fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends2/6

EAS Overview

Easton Investments Limited is a publicly owned investment manager.

Price History & Performance

Summary of all time highs, changes and price drops for Easton Investments
Historical stock prices
Current Share PriceAU$1.07
52 Week HighAU$0.86
52 Week LowAU$1.36
Beta0.38
1 Month Change-2.73%
3 Month Change1.91%
1 Year Change22.99%
3 Year Change19.55%
5 Year Change-26.21%
Change since IPO-97.96%

Recent News & Updates

Shareholder Returns

EASAU Capital MarketsAU Market
7D-1.4%1.9%0.9%
1Y23.0%21.7%20.2%

Return vs Industry: EAS exceeded the Australian Capital Markets industry which returned 21.7% over the past year.

Return vs Market: EAS exceeded the Australian Market which returned 20.2% over the past year.

Price Volatility

Is EAS's price volatile compared to industry and market?
EAS volatility
EAS Beta0.38
Industry Beta0.98
Market Beta1

Stable Share Price: EAS is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: EAS's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2005n/aNathan Jacobsenhttps://www.eastoninvestments.com.au

Easton Investments Limited is a publicly owned investment manager. It invests in funds which invest in the public equity markets across the globe with a focus on Australia. It also invests in property securities and hedge funds.

Easton Investments Fundamentals Summary

How do Easton Investments's earnings and revenue compare to its market cap?
EAS fundamental statistics
Market CapAU$41.00m
Earnings (TTM)AU$2.74m
Revenue (TTM)AU$91.71m

14.7x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EAS income statement (TTM)
RevenueAU$91.71m
Cost of RevenueAU$81.45m
Gross ProfitAU$10.26m
ExpensesAU$7.52m
EarningsAU$2.74m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.073
Gross Margin11.19%
Net Profit Margin2.99%
Debt/Equity Ratio0%

How did EAS perform over the long term?

See historical performance and comparison

Dividends

3.7%

Current Dividend Yield

52%

Payout Ratio

Valuation

Is Easton Investments undervalued compared to its fair value and its price relative to the market?

20.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: EAS (A$1.07) is trading below our estimate of fair value (A$1.34)

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


Price To Earnings Ratio

PE vs Industry: EAS is good value based on its PE Ratio (14.7x) compared to the Australian Capital Markets industry average (16.3x).

PE vs Market: EAS is good value based on its PE Ratio (14.7x) compared to the Australian market (19.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: EAS is good value based on its PB Ratio (1.1x) compared to the AU Capital Markets industry average (1.4x).


Future Growth

How is Easton Investments 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 Easton Investments 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 Easton Investments performed over the past 5 years?

31.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EAS has high quality earnings.

Growing Profit Margin: EAS's current net profit margins (3%) are higher than last year (3%).


Past Earnings Growth Analysis

Earnings Trend: EAS has become profitable over the past 5 years, growing earnings by 31.2% per year.

Accelerating Growth: EAS's earnings growth over the past year (33.8%) exceeds its 5-year average (31.2% per year).

Earnings vs Industry: EAS earnings growth over the past year (33.8%) exceeded the Capital Markets industry 12.8%.


Return on Equity

High ROE: EAS's Return on Equity (8.3%) is considered low.


Financial Health

How is Easton Investments's financial position?


Financial Position Analysis

Short Term Liabilities: EAS's short term assets (A$7.4M) do not cover its short term liabilities (A$8.6M).

Long Term Liabilities: EAS's short term assets (A$7.4M) exceed its long term liabilities (A$5.8M).


Debt to Equity History and Analysis

Debt Level: EAS is debt free.

Reducing Debt: EAS had no debt 5 years ago.

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

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


Balance Sheet


Dividend

What is Easton Investments's current dividend yield, its reliability and sustainability?

3.74%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: EAS's dividend (3.74%) is higher than the bottom 25% of dividend payers in the Australian market (2.27%).

High Dividend: EAS's dividend (3.74%) is low compared to the top 25% of dividend payers in the Australian market (5.32%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, EAS has been paying a dividend for less than 10 years.

Growing Dividend: EAS's dividend payments have increased, but the company has only paid a dividend for 3 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (52%), EAS's dividend 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?

6.6yrs

Average management tenure


CEO

Nathan Jacobsen

0.67

Tenure

AU$432,344

Compensation

Mr. Nathan Jacobsen serves as the Managing Director & Director at Easton Investments Limited since February 01, 2021. Mr. Jacobsen is a senior executive with HUB24 and holds the dual roles of managing dire...


CEO Compensation Analysis

Compensation vs Market: Nathan's total compensation ($USD320.90K) is about average for companies of similar size in the Australian market ($USD302.72K).

Compensation vs Earnings: Insufficient data to compare Nathan's compensation with company performance.


Leadership Team

Experienced Management: EAS's management team is seasoned and experienced (6.6 years average tenure).


Board Members

Experienced Board: EAS's board of directors are considered experienced (3.6 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 9.7%.


Top Shareholders

Company Information

Easton Investments Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Easton Investments Limited
  • Ticker: EAS
  • Exchange: ASX
  • Founded: 2005
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: AU$40.998m
  • Shares outstanding: 37.61m
  • Website: https://www.eastoninvestments.com.au

Location

  • Easton Investments Limited
  • Level Two
  • 115 Pitt Street
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 07:03
End of Day Share Price2021/10/18 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.