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SPN

Sparc TechnologiesASX:SPN Stock Report

Market Cap

AU$60.7m

7D

16.2%

1Y

n/a

Updated

18 Oct, 2021

Data

Company Financials
SPN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

SPN Overview

Sparc Technologies Limited focuses on the research, development, and commercialization of graphene-based technologies in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Sparc Technologies
Historical stock prices
Current Share PriceAU$0.86
52 Week HighAU$0.22
52 Week LowAU$0.94
Beta0
1 Month Change34.38%
3 Month Change160.61%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO145.71%

Recent News & Updates

Shareholder Returns

SPNAU ChemicalsAU Market
7D16.2%0.08%0.9%
1Yn/a11.3%20.2%

Return vs Industry: Insufficient data to determine how SPN performed against the Australian Chemicals industry.

Return vs Market: Insufficient data to determine how SPN performed against the Australian Market.

Price Volatility

Is SPN's price volatile compared to industry and market?
SPN volatility
SPN Beta0
Industry Beta0.80
Market Beta1

Stable Share Price: SPN is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: SPN's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
1984n/aMike Bartelshttps://sparctechnologies.com.au

Sparc Technologies Limited focuses on the research, development, and commercialization of graphene-based technologies in Australia. It offers technology solutions using the properties of graphene for industrial markets for marine and protective coatings, environmental remediation, and bio-medical applications. The company was incorporated in 1984 and is headquartered in Kent Town, Australia.

Sparc Technologies Fundamentals Summary

How do Sparc Technologies's earnings and revenue compare to its market cap?
SPN fundamental statistics
Market CapAU$60.68m
Earnings (TTM)-AU$5.44m
Revenue (TTM)AU$64.06k

955.6x

P/S Ratio

-11.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SPN income statement (TTM)
RevenueAU$64.06k
Cost of RevenueAU$0
Gross ProfitAU$64.06k
ExpensesAU$5.51m
Earnings-AU$5.44m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.077
Gross Margin100.00%
Net Profit Margin-8,499.20%
Debt/Equity Ratio0%

How did SPN perform over the long term?

See historical performance and comparison

Valuation

Is Sparc Technologies undervalued compared to its fair value and its price relative to the market?

17.9x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: SPN is overvalued based on its PB Ratio (17.9x) compared to the AU Chemicals industry average (4x).


Future Growth

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

31.0%

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 Sparc Technologies 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 Sparc Technologies performed over the past 5 years?

-281.8%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: SPN is currently unprofitable.

Growing Profit Margin: SPN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if SPN's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

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

Earnings vs Industry: SPN is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (-61.8%).


Return on Equity

High ROE: SPN has a negative Return on Equity (-160.6%), as it is currently unprofitable.


Financial Health

How is Sparc Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: SPN's short term assets (A$3.2M) exceed its short term liabilities (A$245.1K).

Long Term Liabilities: SPN's short term assets (A$3.2M) exceed its long term liabilities (A$390.1K).


Debt to Equity History and Analysis

Debt Level: SPN is debt free.

Reducing Debt: SPN has not had any debt for past 5 years.


Balance Sheet


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: SPN has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: SPN has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 145.9% each year.


Dividend

What is Sparc Technologies's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

0.6yrs

Average management tenure


CEO

Mike Bartels

0.58

Tenure

AU$268,752

Compensation

Mr. Michael Bartels, also known as Mike, has been Chief Executive Officer of Sparc Technologies Limited since March 01, 2021 and has been its Managing Director and Director since July 01, 2021. He has a we...


CEO Compensation Analysis

Compensation vs Market: Mike's total compensation ($USD199.47K) is below average for companies of similar size in the Australian market ($USD302.72K).

Compensation vs Earnings: Insufficient data to compare Mike's compensation with company performance.


Leadership Team

Experienced Management: SPN's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.


Board Members

Experienced Board: SPN's board of directors are not considered experienced ( 0.9 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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: SPN only recently listed within the past 12 months.


Top Shareholders

Company Information

Sparc Technologies Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Sparc Technologies Limited
  • Ticker: SPN
  • Exchange: ASX
  • Founded: 1984
  • Industry: Specialty Chemicals
  • Sector: Materials
  • Market Cap: AU$60.676m
  • Shares outstanding: 70.55m
  • Website: https://sparctechnologies.com.au

Location

  • Sparc Technologies Limited
  • 51 Rundle Street
  • Kent Town
  • South Australia
  • 5067
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 15:40
End of Day Share Price2021/10/18 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.