ASX:OVH

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

OneVue Holdings Limited provides various superannuation solutions in Australia. More Details


Snowflake Analysis

Reasonable growth potential with adequate balance sheet.


Similar Companies

Share Price & News

How has OneVue Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: OVH has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

OVH

-7.3%

AU Diversified Financial

-0.8%

AU Market


1 Year Return

2.6%

OVH

-35.5%

AU Diversified Financial

-12.4%

AU Market

Return vs Industry: OVH exceeded the Australian Diversified Financial industry which returned -33.9% over the past year.

Return vs Market: OVH exceeded the Australian Market which returned -11.6% over the past year.


Shareholder returns

OVHIndustryMarket
7 Day0%-7.3%-0.8%
30 Day3.3%-5.7%-3.8%
90 Day2.6%-24.7%0.3%
1 Year2.6%2.6%-32.9%-35.5%-9.2%-12.4%
3 Year-36.1%-36.1%-64.0%-68.0%16.4%1.5%
5 Year9.9%9.9%-58.9%-67.0%41.7%12.0%

Price Volatility Vs. Market

How volatile is OneVue Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is OneVue Holdings undervalued compared to its fair value and its price relative to the market?

1.56x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: OVH is unprofitable, so we can't compare its PE Ratio to the XX Diversified Financial industry average.

PE vs Market: OVH is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: OVH is overvalued based on its PB Ratio (1.6x) compared to the AU Diversified Financial industry average (1.2x).


Next Steps

Future Growth

How is OneVue Holdings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

98.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: OVH is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.3%).

Earnings vs Market: OVH is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: OVH's is expected to become profitable in the next 3 years.

Revenue vs Market: OVH's revenue (10.2% per year) is forecast to grow faster than the Australian market (4.3% per year).

High Growth Revenue: OVH's revenue (10.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: OVH's Return on Equity is forecast to be low in 3 years time (9.4%).


Next Steps

  • Explore growth companies in the Diversified Financials industry.

Past Performance

How has OneVue Holdings performed over the past 5 years?

-62.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: OVH is currently unprofitable.

Growing Profit Margin: OVH is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: OVH is unprofitable, and losses have increased over the past 5 years at a rate of 62.6% per year.

Accelerating Growth: Unable to compare OVH's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: OVH is unprofitable, making it difficult to compare its past year earnings growth to the Diversified Financial industry (-4.2%).


Return on Equity

High ROE: OVH has a negative Return on Equity (-42.77%), as it is currently unprofitable.


Next Steps

Financial Health

How is OneVue Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: OVH's short term assets (A$22.5M) exceed its short term liabilities (A$16.6M).

Long Term Liabilities: OVH's short term assets (A$22.5M) exceed its long term liabilities (A$9.3M).


Debt to Equity History and Analysis

Debt Level: OVH's debt to equity ratio (9.1%) is considered satisfactory.

Reducing Debt: OVH's debt to equity ratio has increased from 3.1% to 9.1% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: OVH has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if OVH has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is OneVue Holdings's current dividend yield, its reliability and sustainability?

1.19%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if OVH'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 OVH'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?

10.4yrs

Average management tenure


CEO

Connie Mckeage

13.67yrs

Tenure

AU$401,209

Compensation

Ms. Connie Berenice Mckeage has been the Chief Executive Officer and Managing Director of OneVue Holdings Limited since January 2007. Ms. Mckeage serves as Group Chief Executive Officer of OneVue Limited. ...


CEO Compensation Analysis

Compensation vs Market: Connie's total compensation ($USD292.83K) is about average for companies of similar size in the Australian market ($USD278.96K).

Compensation vs Earnings: Connie's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Connie Mckeage
MD, CEO & Executive Director13.67yrsAU$401.21k1.1%
A$ 1.1m
Ashley Fenton
CFO, COO & Company Secretary5.42yrsAU$731.84k0%
A$ 0
Lisa McCallum
Executive General Manager of Platform Services & Group Initiatives10.42yrsAU$370.88k0%
A$ 0
Richard Harris-Smith
Chief Executive Officer of Fund Services4.58yrsAU$564.58k0%
A$ 0
James Thorpe
Chief Technology Officer13.33yrsAU$303.05k0%
A$ 0
George Ribar
Head of Human Resources & Group Procurementno datano datano data
Brett Marsh
Head of Product & Technical Servicesno dataAU$189.21kno data
Andrew Macciocca
Head of Transitions - Fund Servicesno datano datano data
Scott Hardie
Head of OneVue Super Servicesno datano datano data
George Wilson
Head of Dealing - Fund Servicesno datano datano data
Stephen J. Karrasch
Head of Distributionno datano data0%
A$ 0
Glen McLeod
Deputy Chief Financial Officerno datano datano data

10.4yrs

Average Tenure

Experienced Management: OVH's management team is seasoned and experienced (10.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Connie Mckeage
MD, CEO & Executive Director13.67yrsAU$401.21k1.1%
A$ 1.1m
Ronald Dewhurst
Independent Non-Executive Chairman2.92yrsAU$125.00k0.34%
A$ 351.0k
Stephen Knight
Non-Executive Director4.08yrsAU$93.13k0.075%
A$ 78.0k
Garry Wayling
Independent Non-Executive Director6.58yrsAU$91.76k0.16%
A$ 171.2k

5.3yrs

Average Tenure

Experienced Board: OVH's board of directors are considered experienced (5.3 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

OneVue Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: OneVue Holdings Limited
  • Ticker: OVH
  • Exchange: ASX
  • Founded: 2004
  • Industry: Specialized Finance
  • Sector: Diversified Financials
  • Market Cap: AU$104.493m
  • Shares outstanding: 267.93m
  • Website: https://www.onevue.com.au

Location

  • OneVue Holdings Limited
  • 10 Spring Street
  • Level 5
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
OVHASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJul 2014
OVHCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJul 2014
OVUE.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJul 2014

Biography

OneVue Holdings Limited provides various superannuation solutions in Australia. It operates through Fund Services and Platform Services segments. The Fund Services segment offers managed fund and superannu ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/21 19:10
End of Day Share Price2020/09/21 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.