ASX:GDA

Stock Analysis Report

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Market Cap

AU$118.6m

Last Updated

2021/06/20 08:07 UTC

Data Sources

Company Financials

Executive Summary

Good Drinks Australia Ltd engages in brewing, packaging, marketing, and selling beer, cider, and other beverages. More Details


Snowflake Analysis

Excellent balance sheet with proven track record.


Similar Companies

Share Price & News

How has Good Drinks Australia's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GDA is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: GDA's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-1.1%

GDA

2.9%

AU Beverage

0.3%

AU Market


1 Year Return

51.6%

GDA

17.7%

AU Beverage

27.8%

AU Market

Return vs Industry: GDA exceeded the Australian Beverage industry which returned 17.7% over the past year.

Return vs Market: GDA exceeded the Australian Market which returned 27.8% over the past year.


Shareholder returns

GDAIndustryMarket
7 Day-1.1%2.9%0.3%
30 Day-2.1%9.6%4.6%
90 Day-3.1%12.4%9.0%
1 Year51.6%51.6%20.4%17.7%32.0%27.8%
3 Year-1.1%-1.1%-26.6%-31.6%34.0%18.0%
5 Year111.5%70.9%47.7%32.0%75.2%42.6%

Long-Term Price Volatility Vs. Market

How volatile is Good Drinks Australia's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Good Drinks Australia undervalued compared to its fair value and its price relative to the market?

49.68x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: GDA's PE Ratio (49.7x) is in line with the Oceanic Beverage industry average.

PE vs Market: GDA is poor value based on its PE Ratio (49.7x) compared to the Australian market (20.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: GDA's PB Ratio (2x) is in line with the AU Beverage industry average.


Future Growth

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

23.1%

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 Good Drinks Australia 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 Good Drinks Australia performed over the past 5 years?

0.5%

Historical annual earnings growth


Earnings and Revenue History

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

Growing Profit Margin: GDA's current net profit margins (4.7%) are higher than last year (2.4%).


Past Earnings Growth Analysis

Earnings Trend: GDA has become profitable over the past 5 years, growing earnings by 0.5% per year.

Accelerating Growth: GDA's earnings growth over the past year (113%) exceeds its 5-year average (0.5% per year).

Earnings vs Industry: GDA earnings growth over the past year (113%) exceeded the Beverage industry 47.6%.


Return on Equity

High ROE: GDA's Return on Equity (3.7%) is considered low.


Financial Health

How is Good Drinks Australia's financial position?


Financial Position Analysis

Short Term Liabilities: GDA's short term assets (A$34.8M) exceed its short term liabilities (A$31.1M).

Long Term Liabilities: GDA's short term assets (A$34.8M) exceed its long term liabilities (A$13.0M).


Debt to Equity History and Analysis

Debt Level: GDA's debt to equity ratio (14.8%) is considered satisfactory.

Reducing Debt: GDA's debt to equity ratio has reduced from 57.7% to 14.8% over the past 5 years.

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

Interest Coverage: GDA's interest payments on its debt are well covered by EBIT (4.4x coverage).


Balance Sheet


Dividend

What is Good Drinks Australia current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

7.0yrs

Average management tenure


CEO

John Hoedemaker

9.83yrs

Tenure

AU$477,777

Compensation

Mr. John R. R. Hoedemaker, B.Com., is the Co-Founder of Gage Roads Brewing Co Limited and has been its Managing Director since August 17, 2011. Mr. Hoedemaker served as a Company Secretary of Gage Roads Br...


CEO Compensation Analysis

Compensation vs Market: John's total compensation ($USD357.62K) is about average for companies of similar size in the Australian market ($USD277.11K).

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


Leadership Team

Experienced Management: GDA's management team is seasoned and experienced (7 years average tenure).


Board Members

Experienced Board: GDA's board of directors are seasoned and experienced ( 13.6 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 been diluted in the past year, with total shares outstanding growing by 9.9%.


Top Shareholders

Company Information

Good Drinks Australia Ltd's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Good Drinks Australia Ltd
  • Ticker: GDA
  • Exchange: ASX
  • Founded: 2002
  • Industry: Brewers
  • Sector: Food, Beverage & Tobacco
  • Market Cap: AU$118.559m
  • Shares outstanding: 1.26b
  • Website: https://gooddrinks.com.au

Location

  • Good Drinks Australia Ltd
  • 14 Absolon Street
  • Palmyra
  • Western Australia
  • 6157
  • Australia

Listings


Biography

Good Drinks Australia Ltd engages in brewing, packaging, marketing, and selling beer, cider, and other beverages. It offers its products under the Single Fin, Pipe Dreams, Little Dove, Side Track, Sleeping...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/20 08:07
End of Day Share Price2021/06/18 00:00
Earnings2020/12/31
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.