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1AG

AlterraASX:1AG Stock Report

Market Cap

AU$9.2m

7D

-10.8%

1Y

-34.0%

Updated

18 Oct, 2021

Data

Company Financials
1AG fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

1AG Overview

Alterra Limited engages in the origination, development, and management of agricultural land and water assets in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Alterra
Historical stock prices
Current Share PriceAU$0.033
52 Week HighAU$0.033
52 Week LowAU$0.062
Beta0.58
1 Month Change0%
3 Month Change-26.67%
1 Year Change-34.00%
3 Year Change-26.67%
5 Year Change-17.50%
Change since IPO-92.41%

Recent News & Updates

Shareholder Returns

1AGAU FoodAU Market
7D-10.8%-0.1%1.7%
1Y-34.0%0.8%20.3%

Return vs Industry: 1AG underperformed the Australian Food industry which returned 1.5% over the past year.

Return vs Market: 1AG underperformed the Australian Market which returned 20.2% over the past year.

Price Volatility

Is 1AG's price volatile compared to industry and market?
1AG volatility
1AG Beta0.58
Industry Beta0.54
Market Beta1

Stable Share Price: 1AG is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: 1AG's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2008n/aOliver William Barneshttps://www.alterra.com.au

Alterra Limited engages in the origination, development, and management of agricultural land and water assets in Australia. Its flagship project is the Carpenters Project, which covers an area of approximately 300 hectares of avocado development located in Pemberton, Western Australia. The company was formerly known as Carbon Conscious Limited and changed its name to Alterra Limited in March 2016.

Alterra Fundamentals Summary

How do Alterra's earnings and revenue compare to its market cap?
1AG fundamental statistics
Market CapAU$9.17m
Earnings (TTM)-AU$2.75m
Revenue (TTM)AU$309.95k

29.7x

P/S Ratio

-3.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1AG income statement (TTM)
RevenueAU$309.95k
Cost of RevenueAU$1.89m
Gross Profit-AU$1.58m
ExpensesAU$1.17m
Earnings-AU$2.75m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0099
Gross Margin-510.02%
Net Profit Margin-888.46%
Debt/Equity Ratio0%

How did 1AG perform over the long term?

See historical performance and comparison

Valuation

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

1.9x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 1AG's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 1AG's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 1AG is unprofitable, so we can't compare its PE Ratio to the Australian Food industry average.

PE vs Market: 1AG 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 1AG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1AG is overvalued based on its PB Ratio (1.9x) compared to the AU Food industry average (1.6x).


Future Growth

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

19.7%

Forecasted Food, Beverage & Tobacco 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 Alterra 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 Alterra performed over the past 5 years?

-30.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1AG is currently unprofitable.

Growing Profit Margin: 1AG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 1AG is unprofitable, and losses have increased over the past 5 years at a rate of 30.2% per year.

Accelerating Growth: Unable to compare 1AG's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1AG is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (45.2%).


Return on Equity

High ROE: 1AG has a negative Return on Equity (-57.19%), as it is currently unprofitable.


Financial Health

How is Alterra's financial position?


Financial Position Analysis

Short Term Liabilities: 1AG's short term assets (A$2.9M) exceed its short term liabilities (A$561.8K).

Long Term Liabilities: 1AG's short term assets (A$2.9M) do not cover its long term liabilities (A$5.6M).


Debt to Equity History and Analysis

Debt Level: 1AG is debt free.

Reducing Debt: 1AG has no debt compared to 5 years ago when its debt to equity ratio was 10.5%.


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: 1AG has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 1AG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 25% each year


Dividend

What is Alterra current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1AG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1AG'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 1AG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1AG'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 1AG'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

Oliver William Barnes

2.58yrs

Tenure

AU$271,268

Compensation

Mr. Oliver William Hunter Barnes, BSc, serves as Chief Executive Officer at Alterra Limited since October 6, 2020. He had been Managing Director of Alterra Limited since March 19, 2019 until October 6, 202...


CEO Compensation Analysis

Compensation vs Market: Oliver William's total compensation ($USD201.34K) is below average for companies of similar size in the Australian market ($USD302.72K).

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


Leadership Team

Experienced Management: 1AG's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: 1AG's board of directors are not considered experienced ( 1.8 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 been diluted in the past year, with total shares outstanding growing by 50%.


Top Shareholders

Company Information

Alterra Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Alterra Limited
  • Ticker: 1AG
  • Exchange: ASX
  • Founded: 2008
  • Industry: Agricultural Products
  • Sector: Food, Beverage & Tobacco
  • Market Cap: AU$9.167m
  • Shares outstanding: 277.78m
  • Website: https://www.alterra.com.au

Location

  • Alterra Limited
  • 144 Northwood Street
  • West Leederville
  • Western Australia
  • 6007
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 07:00
End of Day Share Price2021/10/13 00:00
Earnings2021/03/31
Annual Earnings2020/09/30


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.