ASX:XPL

Stock Analysis Report

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Executive Summary

Xplore Wealth Limited, through its subsidiaries, operates as an independent specialist platform provider and investment administrator with a specialization in managed accounts in Australia. More Details


Snowflake Analysis

Flawless balance sheet and overvalued.


Similar Companies

Share Price & News

How has Xplore Wealth's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

3.0%

XPL

0.4%

AU Diversified Financial

-0.4%

AU Market


1 Year Return

-1.4%

XPL

-28.2%

AU Diversified Financial

-7.0%

AU Market

Return vs Industry: XPL exceeded the Australian Diversified Financial industry which returned -27.5% over the past year.

Return vs Market: XPL exceeded the Australian Market which returned -6.2% over the past year.


Shareholder returns

XPLIndustryMarket
7 Day3.0%0.4%-0.4%
30 Day9.7%9.1%4.3%
90 Day-20.0%-11.9%4.3%
1 Year-1.4%-1.4%-25.2%-28.2%-3.8%-7.0%
3 Year-78.8%-78.8%-61.7%-65.9%17.0%2.3%
5 Year-67.5%-69.1%-56.7%-65.1%42.9%14.3%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Xplore Wealth undervalued compared to its fair value and its price relative to the market?

0.55x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

PE vs Market: XPL 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 XPL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: XPL is good value based on its PB Ratio (0.6x) compared to the AU Diversified Financial industry average (1.2x).


Next Steps

Future Growth

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

2.2%

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 Xplore Wealth 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.


Next Steps

Past Performance

How has Xplore Wealth performed over the past 5 years?

-77.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: XPL is currently unprofitable.

Growing Profit Margin: XPL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: XPL is unprofitable, and losses have increased over the past 5 years at a rate of 77.7% per year.

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

Earnings vs Industry: XPL is unprofitable, making it difficult to compare its past year earnings growth to the Diversified Financial industry (-3.5%).


Return on Equity

High ROE: XPL has a negative Return on Equity (-32.13%), as it is currently unprofitable.


Next Steps

Financial Health

How is Xplore Wealth's financial position?


Financial Position Analysis

Short Term Liabilities: XPL's short term assets (A$7.6M) exceed its short term liabilities (A$4.6M).

Long Term Liabilities: XPL's short term assets (A$7.6M) exceed its long term liabilities (A$1.6M).


Debt to Equity History and Analysis

Debt Level: XPL is debt free.

Reducing Debt: XPL had no debt 5 years ago.


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: Whilst unprofitable XPL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: XPL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 3.9% per year.


Next Steps

Dividend

What is Xplore Wealth current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

1.2yrs

Average management tenure


CEO

Mike Wright

1.08yrs

Tenure

AU$652,527

Compensation

Mr. Michael Wright, also known as Mike, serves as Chief Executive Officer of Xplore Wealth Limited since September 09, 2019. He is an experienced Financial Services executive, with demonstrated capability ...


CEO Compensation Analysis

Compensation vs Market: Mike's total compensation ($USD463.97K) is above average for companies of similar size in the Australian market ($USD275.49K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Michael Wright
Chief Executive Officer1.08yrsAU$652.53k0.37%
A$ 73.0k
Bruce Hawkins
CFO & COO1.5yrsAU$261.06k0.11%
A$ 21.8k
Anne Hamieh
Head of Distribution & Marketing1.17yrsAU$427.85kno data
Craig Giffin
Chief Risk Officer & Joint Company Secretaryno dataAU$311.51kno data
Neil Gellett
Head of Product0.42yrAU$267.13kno data
Sanja Jovicic
Head of Information Technologyno dataAU$111.07kno data
Brian Stieg
Head of Trustee Office1.92yrsno datano data
Jillian McGregor
Joint Company Secretaryno datano datano data

1.2yrs

Average Tenure

Experienced Management: XPL's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Donald Sharp
Non-Executive Director7.33yrsAU$143.70k8.39%
A$ 1.6m
Alexander Hutchison
Non-Executive Chairman0.92yrAU$108.90k0.13%
A$ 24.8k
Stephen Reed
Non-Executive Director2.92yrsAU$65.70k0.16%
A$ 30.8k
Julie Berry
Non-Executive Director0.83yrAU$49.22kno data

1.9yrs

Average Tenure

Experienced Board: XPL's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.


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

Xplore Wealth Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Xplore Wealth Limited
  • Ticker: XPL
  • Exchange: ASX
  • Founded: 2004
  • Industry: Specialized Finance
  • Sector: Diversified Financials
  • Market Cap: AU$19.637m
  • Shares outstanding: 297.54m
  • Website: https://xplorewealth.com.au

Location

  • Xplore Wealth Limited
  • 28 Margaret Street
  • Suite 1
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
XPLASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJun 2014
XPLCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJun 2014

Biography

Xplore Wealth Limited, through its subsidiaries, operates as an independent specialist platform provider and investment administrator with a specialization in managed accounts in Australia. It offers wealt ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/23 10:38
End of Day Share Price2020/10/23 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.