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AS1

Angel Seafood HoldingsASX:AS1 Stock Report

Market Cap

AU$22.6m

7D

0%

1Y

-24.3%

Updated

21 Oct, 2021

Data

Company Financials
AS1 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance4/6
Financial Health3/6
Dividends0/6

AS1 Overview

Angel Seafood Holdings Limited produces, manufactures, markets, and sells organic and sustainable oysters in Australia and Asia.

Angel Seafood Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Angel Seafood Holdings
Historical stock prices
Current Share PriceAU$0.14
52 Week HighAU$0.12
52 Week LowAU$0.20
Beta0.86
1 Month Change-6.67%
3 Month Change7.69%
1 Year Change-24.32%
3 Year Change-6.67%
5 Year Changen/a
Change since IPO-12.50%

Recent News & Updates

Apr 16
Angel Seafood Holdings (ASX:AS1) Is Making Moderate Use Of Debt

Angel Seafood Holdings (ASX:AS1) Is Making Moderate Use Of Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Jan 13
Who Has Been Buying Angel Seafood Holdings Limited (ASX:AS1) Shares?

Who Has Been Buying Angel Seafood Holdings Limited (ASX:AS1) Shares?

It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be...

Shareholder Returns

AS1AU FoodAU Market
7D0%-1.3%0.7%
1Y-24.3%1.4%21.4%

Return vs Industry: AS1 underperformed the Australian Food industry which returned 1.6% over the past year.

Return vs Market: AS1 underperformed the Australian Market which returned 21.1% over the past year.

Price Volatility

Is AS1's price volatile compared to industry and market?
AS1 volatility
AS1 Beta0.86
Industry Beta0.55
Market Beta1

Stable Share Price: AS1 is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: AS1's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2016n/aZac Halmanhttps://www.angelseafood.com.au

Angel Seafood Holdings Limited produces, manufactures, markets, and sells organic and sustainable oysters in Australia and Asia. The company also exports its products. Angel Seafood Holdings Limited was incorporated in 2016 and is headquartered in Port Lincoln, Australia.

Angel Seafood Holdings Fundamentals Summary

How do Angel Seafood Holdings's earnings and revenue compare to its market cap?
AS1 fundamental statistics
Market CapAU$22.62m
Earnings (TTM)AU$2.09m
Revenue (TTM)AU$8.65m

10.8x

P/E Ratio

2.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AS1 income statement (TTM)
RevenueAU$8.65m
Cost of RevenueAU$2.65m
Gross ProfitAU$6.00m
ExpensesAU$3.92m
EarningsAU$2.09m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.013
Gross Margin69.40%
Net Profit Margin24.12%
Debt/Equity Ratio27.6%

How did AS1 perform over the long term?

See historical performance and comparison

Valuation

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

10.84x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate AS1's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate AS1's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: AS1 is good value based on its PE Ratio (10.8x) compared to the Australian Food industry average (19.6x).

PE vs Market: AS1 is good value based on its PE Ratio (10.8x) compared to the Australian market (19.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate AS1's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: AS1 is good value based on its PB Ratio (1.2x) compared to the AU Food industry average (1.6x).


Future Growth

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

18.6%

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 Angel Seafood Holdings 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 Angel Seafood Holdings performed over the past 5 years?

87.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AS1 has a high level of non-cash earnings.

Growing Profit Margin: AS1's current net profit margins (24.1%) are higher than last year (5%).


Past Earnings Growth Analysis

Earnings Trend: AS1 has become profitable over the past 5 years, growing earnings by 87% per year.

Accelerating Growth: AS1's earnings growth over the past year (728.9%) exceeds its 5-year average (87% per year).

Earnings vs Industry: AS1 earnings growth over the past year (728.9%) exceeded the Food industry 45.2%.


Return on Equity

High ROE: AS1's Return on Equity (11.4%) is considered low.


Financial Health

How is Angel Seafood Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: AS1's short term assets (A$9.3M) exceed its short term liabilities (A$4.0M).

Long Term Liabilities: AS1's short term assets (A$9.3M) exceed its long term liabilities (A$5.9M).


Debt to Equity History and Analysis

Debt Level: AS1's debt to equity ratio (27.6%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if AS1's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: AS1's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if AS1's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate AS1's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate AS1'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 AS1's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AS1'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 AS1'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?

3.3yrs

Average management tenure


CEO

Zac Halman (42 yo)

3.25yrs

Tenure

AU$303,863

Compensation

Mr. Isaac Lee Halman, also known as Zac, is the Founder of Angel Seafood Holdings Ltd. and serves as its Director since September 27, 2016. Mr. Halman has been Chief Executive Officer at Angel Seafood Hold...


CEO Compensation Analysis

Compensation vs Market: Zac's total compensation ($USD227.56K) is about average for companies of similar size in the Australian market ($USD303.55K).

Compensation vs Earnings: Zac's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: AS1's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: AS1's board of directors are considered experienced (4.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: AS1 insiders have only sold shares 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 22.4%.


Top Shareholders

Company Information

Angel Seafood Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Angel Seafood Holdings Limited
  • Ticker: AS1
  • Exchange: ASX
  • Founded: 2016
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: AU$22.620m
  • Shares outstanding: 161.57m
  • Website: https://www.angelseafood.com.au

Location

  • Angel Seafood Holdings Limited
  • 48 Proper Bay Road
  • Port Lincoln
  • South Australia
  • 5606
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 18:21
End of Day Share Price2021/10/21 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.