1300SMILES Limited provides dental and management services in Australia.
Reasonable growth potential average dividend payer.
Share Price & News
How has 1300SMILES's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ONT has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ONT underperformed the Australian Healthcare industry which returned 24.9% over the past year.
Return vs Market: ONT underperformed the Australian Market which returned 15.8% over the past year.
Price Volatility Vs. Market
How volatile is 1300SMILES's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StCan 1300SMILES Limited's (ASX:ONT) ROE Continue To Surpass The Industry Average?
2 weeks ago | Simply Wall StIs 1300SMILES Limited (ASX:ONT) Trading At A 45% Discount?
4 weeks ago | Simply Wall StIf You Had Bought 1300SMILES (ASX:ONT) Stock Three Years Ago, You'd Be Sitting On A 19% Loss, Today
Is 1300SMILES undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ONT (A$6.5) is trading below our estimate of fair value (A$11.16)
Significantly Below Fair Value: ONT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ONT is good value based on its PE Ratio (19.1x) compared to the Healthcare industry average (19.7x).
PE vs Market: ONT is poor value based on its PE Ratio (19.1x) compared to the Australian market (18.6x).
Price to Earnings Growth Ratio
PEG Ratio: ONT is poor value based on its PEG Ratio (1.6x)
Price to Book Ratio
PB vs Industry: ONT is overvalued based on its PB Ratio (3.7x) compared to the AU Healthcare industry average (1.9x).
How is 1300SMILES forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ONT's forecast earnings growth (11.8% per year) is above the savings rate (1.1%).
Earnings vs Market: ONT's earnings (11.8% per year) are forecast to grow faster than the Australian market (9.2% per year).
High Growth Earnings: ONT's earnings are forecast to grow, but not significantly.
Revenue vs Market: ONT's revenue (8.1% per year) is forecast to grow faster than the Australian market (4.2% per year).
High Growth Revenue: ONT's revenue (8.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ONT's Return on Equity is forecast to be high in 3 years time (22.5%)
How has 1300SMILES performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ONT has a large one-off gain of A$1.9M impacting its December 31 2019 financial results.
Growing Profit Margin: ONT's current net profit margins (18.9%) are lower than last year (19.4%).
Past Earnings Growth Analysis
Earnings Trend: ONT's earnings have grown by 4.4% per year over the past 5 years.
Accelerating Growth: ONT's earnings growth over the past year (3.2%) is below its 5-year average (4.4% per year).
Earnings vs Industry: ONT earnings growth over the past year (3.2%) underperformed the Healthcare industry 3.2%.
Return on Equity
High ROE: ONT's Return on Equity (19.4%) is considered low.
Return on Assets
Return on Capital Employed
How is 1300SMILES's financial position?
Financial Position Analysis
Short Term Liabilities: ONT's short term assets (A$7.0M) do not cover its short term liabilities (A$8.4M).
Long Term Liabilities: ONT's short term assets (A$7.0M) do not cover its long term liabilities (A$20.3M).
Debt to Equity History and Analysis
Debt Level: ONT's debt to equity ratio (27%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if ONT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ONT's debt is well covered by operating cash flow (85%).
Interest Coverage: ONT's interest payments on its debt are well covered by EBIT (16.4x coverage).
Inventory Level: ONT has a high level of physical assets or inventory.
Debt Coverage by Assets: ONT's debt is not covered by short term assets (assets are 0.6x debt).
What is 1300SMILES's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: ONT's dividend (4.08%) is higher than the bottom 25% of dividend payers in the Australian market (2.3%).
High Dividend: ONT's dividend (4.08%) is low compared to the top 25% of dividend payers in the Australian market (5.42%).
Stability and Growth of Payments
Stable Dividend: ONT's dividend payments have been volatile in the past 10 years.
Growing Dividend: ONT's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (75.7%), ONT's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ONT's dividends in 3 years are forecast to be covered by earnings (74.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Daryl Holmes 0
Dr. Daryl Shane Holmes, BDSc (Hons), MAICD is the Founder of 1300SMILES Limited and serves as its Managing Director and Executive Director. Dr. Holmes has extensive experience in operating dental practices ...
CEO Compensation Analysis
Compensation vs Market: Daryl's total compensation ($USD60.35K) is below average for companies of similar size in the Australian market ($USD253.17K).
Compensation vs Earnings: Daryl's compensation has been consistent with company performance over the past year.
|Non-Executive Chairman||12.4yrs||AU$40.00k||0.16% A$243.9k|
|Non-Executive Director||2.3yrs||AU$30.00k||no data|
|Independent Non-Executive Director||2.3yrs||AU$30.00k||0.00030% A$461.7|
Experienced Board: ONT's board of directors are not considered experienced ( 2.3 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
1300SMILES Limited's company bio, employee growth, exchange listings and data sources
- Name: 1300SMILES Limited
- Ticker: ONT
- Exchange: ASX
- Founded: 2000
- Industry: Health Care Facilities
- Sector: Healthcare
- Market Cap: AU$153.909m
- Shares outstanding: 23.68m
- Website: https://www.1300smiles.com.au
Number of Employees
- 1300SMILES Limited
- 105 Denham Street
- Ground Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ONT||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Mar 2005|
|ONT||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Mar 2005|
1300SMILES Limited provides dental and management services in Australia. It enables the delivery of services to patients by offering the use of dental surgeries, practice management, and other services to self-employed dentists who carry on their own dental practices. The company also provides services in the areas of marketing, administration, billing and collections, and facilities certification and licensing to participating dentists; and support staff, equipment, and facilities, as well as sources various consumable goods. In addition, it offers general, restorative, cosmetic, preventive, and children’s dentistry services, as well as orthodontics services. The company serves dentists ranging from new graduates to experienced dental professionals. It owns and operates approximately 30 full-service dental facilities in Queensland, Sydney, and Adelaide. The company was founded in 2000 and is headquartered in Townsville, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/20 10:34|
|End of Day Share Price||2020/02/20 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.