ASX:AJX

Stock Analysis Report

Alexium International Group

Executive Summary

Alexium International Group Limited develops and sells specialty chemicals and solutions in Australia, the United States, and Cyprus.


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Share Price & News

How has Alexium International Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: AJX's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

21.4%

AJX

3.8%

AU Chemicals

0.3%

AU Market


1 Year Return

-81.1%

AJX

-21.0%

AU Chemicals

-22.9%

AU Market

Return vs Industry: AJX underperformed the Australian Chemicals industry which returned -21% over the past year.

Return vs Market: AJX underperformed the Australian Market which returned -22.9% over the past year.


Shareholder returns

AJXIndustryMarket
7 Day21.4%3.8%0.3%
30 Day-38.2%-23.7%-25.3%
90 Day-43.3%-33.0%-29.9%
1 Year-80.1%-81.1%-19.8%-21.0%-19.4%-22.9%
3 Year-93.2%-93.6%-28.6%-33.3%-8.3%-20.8%
5 Year-94.8%-95.1%-24.8%-34.0%2.9%-20.3%

Price Volatility Vs. Market

How volatile is Alexium International Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Alexium International Group undervalued compared to its fair value and its price relative to the market?

3.2x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: AJX is unprofitable, so we can't compare its PE Ratio to the Chemicals industry average.

PE vs Market: AJX 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 AJX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: AJX is overvalued based on its PB Ratio (3.2x) compared to the AU Chemicals industry average (2.5x).


Next Steps

Future Growth

How is Alexium International Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

36.3%

Forecasted Materials 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 Alexium International Group 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.


Next Steps

Past Performance

How has Alexium International Group performed over the past 5 years?

8.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AJX is currently unprofitable.

Growing Profit Margin: AJX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AJX is unprofitable, but has reduced losses over the past 5 years at a rate of 8.8% per year.

Accelerating Growth: Unable to compare AJX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: AJX is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (-2.2%).


Return on Equity

High ROE: AJX has a negative Return on Equity (-230.21%), as it is currently unprofitable.


Next Steps

Financial Health

How is Alexium International Group's financial position?


Financial Position Analysis

Short Term Liabilities: AJX's short term assets ($5.2M) exceed its short term liabilities ($1.9M).

Long Term Liabilities: AJX's short term assets ($5.2M) exceed its long term liabilities ($4.5M).


Debt to Equity History and Analysis

Debt Level: AJX's debt to equity ratio (53.7%) is considered high.

Reducing Debt: AJX's debt to equity ratio has increased from 6.8% to 53.7% over the past 5 years.


Balance Sheet

Inventory Level: AJX has a high level of physical assets or inventory.

Debt Coverage by Assets: AJX's debt is covered by short term assets (assets are 2.8x debt).


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: AJX has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: AJX has less than a year of cash runway if free cash flow continues to reduce at historical rates of -12.5% each year


Next Steps

Dividend

What is Alexium International Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate AJX's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if AJX's dividends per share have been stable in the past.

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

2.2yrs

Average management tenure


CEO

Bob Brookins

1.83s

Tenure

US$480,131

Compensation

Dr. Robert Brookins, also known as Bob, Ph. D., M. A. E. B. A. B. Sc., has been the Chief Executive Officer and Managing Director at Alexium International Group Limited since May 31, 2018 and its Director  ...


CEO Compensation Analysis

Compensation vs Market: Bob's total compensation ($USD480.13K) is above average for companies of similar size in the Australian market ($USD245.34K).

Compensation vs Earnings: Bob's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Robert Brookins
CEO, MD & Director1.83yrsUS$480.13k3.94% $998.7k
Jason Lewis
Chief Financial Officer2.17yrsUS$278.62kno data
Allen Reihman
Chief Commercial Officer2.17yrsUS$273.71kno data
Mark Wise
Vice President of Investor Relations & Corporate Communications3.17yrsno datano data
Maja McGuire
General Counsel2yrsno datano data
Scott Hunter
Vice President of Salesno datano datano data
Jessica Hutchison
Vice President of Human Resources3.17yrsno datano data
Belinda Cleminson
Joint Company Secretaryno datano datano data
Mark Licciardo
Joint Company Secretaryno datano datano data

2.2yrs

Average Tenure

Experienced Management: AJX's management team is considered experienced (2.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Robert Brookins
CEO, MD & Director1.83yrsUS$480.13k3.94% $998.7k
Simon Moore
Directorno datano datano data
Stephen Cheney
Deputy Chairman1.92yrsUS$71.25k0.043% $11.0k
Rosheen Garnon
Non-Executive Chairwoman1yrUS$67.27k0.33% $84.2k

1.7yrs

Average Tenure

Experienced Board: AJX's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

Insider Buying: AJX 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 2.3%.


Top Shareholders

Company Information

Alexium International Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Alexium International Group Limited
  • Ticker: AJX
  • Exchange: ASX
  • Founded:
  • Industry: Diversified Chemicals
  • Sector: Materials
  • Market Cap: AU$25.378m
  • Shares outstanding: 634.46m
  • Website: https://www.alexiuminternational.com

Number of Employees


Location

  • Alexium International Group Limited
  • 330 Collins Street
  • Level 7
  • Melbourne
  • Victoria
  • 3000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AJXNASX (Australian Securities Exchange)NPV DFD 23/12/19(EX-RIGHTS)AUAUDNo data
AJXASX (Australian Securities Exchange)YesOrdinary SharesAUAUDMar 2010
E7TDB (Deutsche Boerse AG)YesOrdinary SharesDEEURMar 2010
AJXCHIA (Chi-X Australia)YesOrdinary SharesAUAUDMar 2010
E7TBRSE (Berne Stock Exchange)YesOrdinary SharesCHCHFMar 2010
AXXI.YOTCPK (Pink Sheets LLC)SPONSORED ADRUSUSDDec 2011

Biography

Alexium International Group Limited develops and sells specialty chemicals and solutions in Australia, the United States, and Cyprus. It offers flame retardant (FR) treatments, including Alexiflam FR for use in synthetic and synthetic-blend fabrics; Alexiflam NF for use in cotton and cotton-blends; and Alexicool, a chemical finish for fabrics. Its products are used in defense applications; and consumer applications, such as automotive and transportation, and bedding. The company is based in Melbourne, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/30 10:37
End of Day Share Price2020/03/30 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


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.