Alterra Limited engages in the origination, development, and management of agricultural land and water assets in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.033|
|52 Week High||AU$0.033|
|52 Week Low||AU$0.062|
|1 Month Change||0%|
|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
|1AG||AU Food||AU Market|
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.
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
|2008||n/a||Oliver William Barnes||https://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
|1AG fundamental statistics|
Is 1AG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|1AG income statement (TTM)|
|Cost of Revenue||AU$1.89m|
Last Reported Earnings
Mar 31, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0099|
|Net Profit Margin||-888.46%|
How did 1AG perform over the long term?See historical performance and comparison
Is Alterra undervalued compared to its fair value and its price relative to the market?
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).
How is Alterra forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Alterra performed over the past 5 years?
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.
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$5.6M).
Debt to Equity History and Analysis
Debt Level: 1AG is debt free.
Reducing Debt: 1AG has no debt compared to 5 years ago when its debt to equity ratio was 10.5%.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 1AG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 1AG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 25% each year
What is Alterra current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 1AG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 1AG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 1AG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 1AG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 1AG's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Oliver William Barnes
Mr. Oliver William Hunter Barnes, BSc, serves as Chief Executive Officer at Alterra Limited since October 6, 2020. He had been Managing Director of Alterra Limited since March 19, 2019 until October 6, 202...
CEO Compensation Analysis
Compensation vs Market: Oliver William's total compensation ($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.
Experienced Management: 1AG's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Experienced Board: 1AG's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 50%.
Alterra Limited's employee growth, exchange listings and data sources
- 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
- Alterra Limited
- 144 Northwood Street
- West Leederville
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 07:00|
|End of Day Share Price||2021/10/13 00:00|
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.