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ONT

1300SMILESASX:ONT Stock Report

Last Price

AU$8.13

Market Cap

AU$192.5m

7D

0%

1Y

19.7%

Updated

04 Dec, 2021

Data

Company Financials
ONT fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance5/6
Financial Health4/6
Dividends0/6

ONT Stock Overview

1300SMILES Limited provides dental and management services in Australia.

Rewards

Trading at 41.3% below our estimate of its fair value

Earnings have grown 3.8% per year over the past 5 years

Risk Analysis

No risks detected for ONT from our risk checks.

1300SMILES Competitors

Virtus Health

ASX:VRT

AU$617.3m

Sonic Healthcare

ASX:SHL

AU$18.2b

Capitol Health

ASX:CAJ

AU$375.2m

Price History & Performance

Summary of all time highs, changes and price drops for 1300SMILES
Historical stock prices
Current Share PriceAU$8.13
52 Week HighAU$8.20
52 Week LowAU$6.67
Beta0.39
1 Month Change0.87%
3 Month Change1.63%
1 Year Change19.74%
3 Year Change32.20%
5 Year Change7.40%
Change since IPO721.21%

Recent News & Updates

Apr 11
Be Wary Of 1300SMILES (ASX:ONT) And Its Returns On Capital

Be Wary Of 1300SMILES (ASX:ONT) And Its Returns On Capital

What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...

Mar 29
We Think 1300SMILES (ASX:ONT) Can Manage Its Debt With Ease

We Think 1300SMILES (ASX:ONT) Can Manage Its Debt With Ease

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

Mar 17
Here's Why I Think 1300SMILES (ASX:ONT) Might Deserve Your Attention Today

Here's Why I Think 1300SMILES (ASX:ONT) Might Deserve Your Attention Today

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

Shareholder Returns

ONTAU HealthcareAU Market
7D0%-4.9%-5.4%
1Y19.7%6.1%2.6%

Return vs Industry: ONT matched the Australian Healthcare industry which returned 20.3% over the past year.

Return vs Market: ONT exceeded the Australian Market which returned 10.2% over the past year.

Price Volatility

Is ONT's price volatile compared to industry and market?
ONT volatility
ONT Average Weekly Movement1.0%
Healthcare Industry Average Movement5.8%
Market Average Movement8.5%
10% most volatile stocks in AU Market15.4%
10% least volatile stocks in AU Market3.7%

Stable Share Price: ONT is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 1% a week.

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

About the Company

FoundedEmployeesCEOWebsite
2000338Daryl Holmeshttps://www.1300smiles.com.au

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.

1300SMILES Fundamentals Summary

How do 1300SMILES's earnings and revenue compare to its market cap?
ONT fundamental statistics
Market CapAU$192.51m
Earnings (TTM)AU$9.63m
Revenue (TTM)AU$44.28m

20.0x

P/E Ratio

4.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ONT income statement (TTM)
RevenueAU$44.28m
Cost of RevenueAU$21.93m
Gross ProfitAU$22.35m
ExpensesAU$12.72m
EarningsAU$9.63m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.41
Gross Margin50.47%
Net Profit Margin21.74%
Debt/Equity Ratio30.0%

How did ONT perform over the long term?

See historical performance and comparison

Valuation

Is 1300SMILES undervalued compared to its fair value and its price relative to the market?

41.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ONT (A$8.13) is trading below our estimate of fair value (A$13.85)

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 (20x) compared to the Australian Healthcare industry average (24.8x).

PE vs Market: ONT is poor value based on its PE Ratio (20x) compared to the Australian market (18.6x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ONT is overvalued based on its PB Ratio (4.3x) compared to the AU Healthcare industry average (2.6x).


Future Growth

How is 1300SMILES forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.7%

Forecasted Healthcare 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 1300SMILES 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 1300SMILES performed over the past 5 years?

3.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ONT has high quality earnings.

Growing Profit Margin: ONT's current net profit margins (21.7%) are higher than last year (18%).


Past Earnings Growth Analysis

Earnings Trend: ONT's earnings have grown by 3.8% per year over the past 5 years.

Accelerating Growth: ONT's earnings growth over the past year (34.7%) exceeds its 5-year average (3.8% per year).

Earnings vs Industry: ONT earnings growth over the past year (34.7%) underperformed the Healthcare industry 61.3%.


Return on Equity

High ROE: ONT's Return on Equity (21.7%) is considered high.


Financial Health

How is 1300SMILES's financial position?


Financial Position Analysis

Short Term Liabilities: ONT's short term assets (A$8.7M) exceed its short term liabilities (A$8.1M).

Long Term Liabilities: ONT's short term assets (A$8.7M) do not cover its long term liabilities (A$20.3M).


Debt to Equity History and Analysis

Debt Level: ONT's net debt to equity ratio (19.4%) 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 (100.6%).

Interest Coverage: ONT's interest payments on its debt are well covered by EBIT (24.4x coverage).


Balance Sheet


Dividend

What is 1300SMILES current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if ONT's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: ONT is not paying a notable dividend for the Australian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ONT'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?

3.4yrs

Average management tenure


CEO

Daryl Holmes

no data

Tenure

AU$91,326

Compensation

Dr. Daryl Shane Holmes, OBE, BDSc (Hons), MAICD is the Founder of 1300SMILES Limited and serves as its Managing Director. He served as an Executive Director at 1300SMILES Limited since 2000 until December...


CEO Compensation Analysis

Compensation vs Market: Daryl's total compensation ($USD64.12K) is below average for companies of similar size in the Australian market ($USD290.68K).

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


Leadership Team

Experienced Management: ONT's management team is considered experienced (3.4 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

1300SMILES Limited's employee growth, exchange listings and data sources


Key Information

  • Name: 1300SMILES Limited
  • Ticker: ONT
  • Exchange: ASX
  • Founded: 2000
  • Industry: Health Care Facilities
  • Sector: Healthcare
  • Implied Market Cap: AU$192.505m
  • Shares outstanding: 23.68m
  • Website: https://www.1300smiles.com.au

Number of Employees


Location

  • 1300SMILES Limited
  • 105 Denham Street
  • Ground Floor
  • Townsville
  • Queensland
  • 4810
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/04 07:03
End of Day Share Price2021/11/17 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.