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NGE

NGE CapitalASX:NGE Stock Report

Market Cap

AU$26.4m

7D

-6.7%

1Y

29.6%

Updated

29 Nov, 2021

Data

Company Financials
NGE fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends0/6

NGE Stock Overview

NGE Capital Limited operates as an investment company in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for NGE Capital
Historical stock prices
Current Share PriceAU$0.70
52 Week HighAU$0.78
52 Week LowAU$0.54
Beta1.06
1 Month Change-7.90%
3 Month Change2.19%
1 Year Change29.63%
3 Year Change14.75%
5 Year Change75.00%
Change since IPO-98.16%

Recent News & Updates

Dec 15
Have Insiders Been Buying NGE Capital Limited (ASX:NGE) Shares?

Have Insiders Been Buying NGE Capital Limited (ASX:NGE) Shares?

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

Shareholder Returns

NGEAU Capital MarketsAU Market
7D-6.7%-4.7%-1.6%
1Y29.6%20.0%11.8%

Return vs Industry: NGE exceeded the Australian Capital Markets industry which returned 20% over the past year.

Return vs Market: NGE exceeded the Australian Market which returned 11.8% over the past year.

Price Volatility

Is NGE's price volatile compared to industry and market?
NGE volatility
NGE Average Weekly Movement3.9%
Capital Markets Industry Average Movement4.6%
Market Average Movement8.3%
10% most volatile stocks in AU Market15.8%
10% least volatile stocks in AU Market3.7%

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

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

About the Company

FoundedEmployeesCEOWebsite
2005n/an/ahttps://www.ngecapital.com.au

NGE Capital Limited operates as an investment company in Australia. It invests in listed and unlisted securities. The company was formerly known as New Guinea Energy Limited and changed its name to NGE Capital Limited in June 2017.

NGE Capital Fundamentals Summary

How do NGE Capital's earnings and revenue compare to its market cap?
NGE fundamental statistics
Market CapAU$26.40m
Earnings (TTM)AU$9.36m
Revenue (TTM)AU$11.63m

2.7x

P/E Ratio

2.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NGE income statement (TTM)
RevenueAU$11.63m
Cost of RevenueAU$0
Gross ProfitAU$11.63m
ExpensesAU$2.27m
EarningsAU$9.36m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.26
Gross Margin100.00%
Net Profit Margin80.48%
Debt/Equity Ratio0%

How did NGE perform over the long term?

See historical performance and comparison

Valuation

Is NGE Capital undervalued compared to its fair value and its price relative to the market?

39.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: NGE (A$0.7) is trading below our estimate of fair value (A$1.16)

Significantly Below Fair Value: NGE is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: NGE is good value based on its PE Ratio (2.7x) compared to the Australian Capital Markets industry average (15.7x).

PE vs Market: NGE is good value based on its PE Ratio (2.7x) compared to the Australian market (18.7x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: NGE is good value based on its PB Ratio (0.8x) compared to the AU Capital Markets industry average (1.4x).


Future Growth

How is NGE Capital forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

7.3%

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 NGE Capital 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 NGE Capital performed over the past 5 years?

-2.9%

Historical annual earnings growth


Earnings and Revenue History

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

Growing Profit Margin: NGE became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: NGE has become profitable over the past 5 years, growing earnings by -2.9% per year.

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

Earnings vs Industry: NGE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (23.9%).


Return on Equity

High ROE: NGE's Return on Equity (28.3%) is considered high.


Financial Health

How is NGE Capital's financial position?


Financial Position Analysis

Short Term Liabilities: NGE's short term assets (A$31.3M) exceed its short term liabilities (A$89.0K).

Long Term Liabilities: NGE's short term assets (A$31.3M) exceed its long term liabilities (A$81.0K).


Debt to Equity History and Analysis

Debt Level: NGE is debt free.

Reducing Debt: NGE had no debt 5 years ago.

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

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


Balance Sheet


Dividend

What is NGE Capital current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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

4.2yrs

Average management tenure


CEO

NGE Capital has no CEO, or we have no data on them.


Leadership Team

Experienced Management: NGE's management team is considered experienced (4.2 years average tenure).


Board Members

Experienced Board: NGE's board of directors are considered experienced (5.8 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

NGE Capital Limited's employee growth, exchange listings and data sources


Key Information

  • Name: NGE Capital Limited
  • Ticker: NGE
  • Exchange: ASX
  • Founded: 2005
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: AU$26.403m
  • Shares outstanding: 36.17m
  • Website: https://www.ngecapital.com.au

Location

  • NGE Capital Limited
  • Level 4
  • 100 Albert Road
  • South Melbourne
  • Victoria
  • 3205
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/29 07:04
End of Day Share Price2021/11/29 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.