Easton Investments Limited is a publicly owned investment manager.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$1.07|
|52 Week High||AU$0.86|
|52 Week Low||AU$1.36|
|1 Month Change||-2.73%|
|3 Month Change||1.91%|
|1 Year Change||22.99%|
|3 Year Change||19.55%|
|5 Year Change||-26.21%|
|Change since IPO||-97.96%|
Recent News & Updates
|EAS||AU Capital Markets||AU Market|
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.
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
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
|EAS fundamental statistics|
Is EAS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|EAS income statement (TTM)|
|Cost of Revenue||AU$81.45m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.073|
|Net Profit Margin||2.99%|
How did EAS perform over the long term?See historical performance and comparison
3.7%Current Dividend Yield
Is Easton Investments 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: 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).
How is Easton Investments 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 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.
How has Easton Investments performed over the past 5 years?
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.
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$5.8M).
Debt to Equity History and Analysis
Debt Level: EAS is debt free.
Reducing Debt: EAS had no debt 5 years ago.
Debt Coverage: EAS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: EAS has no debt, therefore coverage of interest payments is not a concern.
What is Easton Investments's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: EAS's dividend (3.74%) is higher than the bottom 25% of dividend payers in the Australian market (2.27%).
High Dividend: EAS's dividend (3.74%) is low compared to the top 25% of dividend payers in the Australian market (5.32%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, EAS has been paying a dividend for less than 10 years.
Growing Dividend: EAS's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (52%), EAS's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Nathan Jacobsen serves as the Managing Director & Director at Easton Investments Limited since February 01, 2021. Mr. Jacobsen is a senior executive with HUB24 and holds the dual roles of managing dire...
CEO Compensation Analysis
Compensation vs Market: Nathan's total compensation ($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.
Experienced Management: EAS's management team is seasoned and experienced (6.6 years average tenure).
Experienced Board: EAS's board of directors are considered experienced (3.6 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9.7%.
Easton Investments Limited's employee growth, exchange listings and data sources
- 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
- Easton Investments Limited
- Level Two
- 115 Pitt Street
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 07:03|
|End of Day Share Price||2021/10/18 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.