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KAM

K2 Asset Management HoldingsASX:KAM Stock Report

Market Cap

AU$18.6m

7D

-1.3%

1Y

54.0%

Updated

19 Oct, 2021

Data

Company Financials
KAM fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends0/6

KAM Overview

K2 Asset Management Holdings Ltd. is a publicly owned investment manager.

K2 Asset Management Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for K2 Asset Management Holdings
Historical stock prices
Current Share PriceAU$0.077
52 Week HighAU$0.049
52 Week LowAU$0.12
Beta2.09
1 Month Change0%
3 Month Change-3.75%
1 Year Change54.00%
3 Year Change-14.44%
5 Year Change-80.26%
Change since IPO-92.87%

Recent News & Updates

Feb 09
How Much Is K2 Asset Management Holdings Ltd (ASX:KAM) Paying Its CEO?

How Much Is K2 Asset Management Holdings Ltd (ASX:KAM) Paying Its CEO?

Campbell Neal is the CEO of K2 Asset Management Holdings Ltd ( ASX:KAM ), and in this article, we analyze the...

Dec 18
Should You Review Recent Insider Transactions At K2 Asset Management Holdings Ltd (ASX:KAM)?

Should You Review Recent Insider Transactions At K2 Asset Management Holdings Ltd (ASX:KAM)?

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The...

Shareholder Returns

KAMAU Capital MarketsAU Market
7D-1.3%2.9%1.7%
1Y54.0%22.7%20.3%

Return vs Industry: KAM exceeded the Australian Capital Markets industry which returned 22.7% over the past year.

Return vs Market: KAM exceeded the Australian Market which returned 20.3% over the past year.

Price Volatility

Is KAM's price volatile compared to industry and market?
KAM volatility
KAM Beta2.09
Industry Beta0.99
Market Beta1

Stable Share Price: KAM is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: KAM's weekly volatility has decreased from 17% to 6% over the past year.

About the Company

FoundedEmployeesCEOWebsite
1999n/aCampbell Nealhttps://www.k2am.com.au

K2 Asset Management Holdings Ltd. is a publicly owned investment manager. The firm provides its services to retail, wholesale and institutional investors.

K2 Asset Management Holdings Fundamentals Summary

How do K2 Asset Management Holdings's earnings and revenue compare to its market cap?
KAM fundamental statistics
Market CapAU$18.56m
Earnings (TTM)AU$215.76k
Revenue (TTM)AU$4.47m

86.5x

P/E Ratio

4.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
KAM income statement (TTM)
RevenueAU$4.47m
Cost of RevenueAU$3.04m
Gross ProfitAU$1.43m
ExpensesAU$1.22m
EarningsAU$215.76k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.00089
Gross Margin32.05%
Net Profit Margin4.83%
Debt/Equity Ratio0%

How did KAM perform over the long term?

See historical performance and comparison

Valuation

Is K2 Asset Management Holdings undervalued compared to its fair value and its price relative to the market?

86.52x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: KAM is poor value based on its PE Ratio (86.5x) compared to the Australian Capital Markets industry average (16.8x).

PE vs Market: KAM is poor value based on its PE Ratio (86.5x) compared to the Australian market (19.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: KAM's PB Ratio (1.4x) is in line with the AU Capital Markets industry average.


Future Growth

How is K2 Asset Management Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.0%

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 K2 Asset Management Holdings 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 K2 Asset Management Holdings performed over the past 5 years?

-59.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KAM has a high level of non-cash earnings.

Growing Profit Margin: KAM became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: KAM's earnings have declined by 59.1% per year over the past 5 years.

Accelerating Growth: KAM has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: KAM has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (12.8%).


Return on Equity

High ROE: KAM's Return on Equity (1.7%) is considered low.


Financial Health

How is K2 Asset Management Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: KAM's short term assets (A$13.1M) exceed its short term liabilities (A$1.8M).

Long Term Liabilities: KAM's short term assets (A$13.1M) exceed its long term liabilities (A$86.7K).


Debt to Equity History and Analysis

Debt Level: KAM is debt free.

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

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

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


Balance Sheet


Dividend

What is K2 Asset Management Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if KAM's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: KAM is not paying a notable dividend for the Australian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of KAM'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?

1.8yrs

Average management tenure


CEO

Campbell Neal (60 yo)

no data

Tenure

AU$500,112

Compensation

Mr. Campbell William Neal, BSc, LLB, serves as the Managing Director, Senior Portfolio Manager and Executive Director of K2 Asset Management Limited. Mr. Neal is a part of the firm's Australian and Asian I...


CEO Compensation Analysis

Compensation vs Market: Campbell's total compensation ($USD370.65K) is about average for companies of similar size in the Australian market ($USD301.95K).

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


Leadership Team

Experienced Management: KAM's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: KAM's board of directors are seasoned and experienced ( 14.6 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

K2 Asset Management Holdings Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: K2 Asset Management Holdings Ltd
  • Ticker: KAM
  • Exchange: ASX
  • Founded: 1999
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: AU$18.564m
  • Shares outstanding: 241.09m
  • Website: https://www.k2am.com.au

Number of Employees


Location

  • K2 Asset Management Holdings Ltd
  • Level 32
  • 101 Collins Street
  • Melbourne
  • Victoria
  • 3000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 15:46
End of Day Share Price2021/10/19 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.