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ICQ

iCar AsiaASX:ICQ Stock Report

Market Cap

AU$222.7m

7D

6.2%

1Y

77.6%

Updated

18 Oct, 2021

Data

Company Financials +
ICQ fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance0/6
Financial Health1/6
Dividends0/6

ICQ Overview

iCar Asia Limited develops, owns, and operates internet based automotive portals for used and new car buyers in South East Asia.

Price History & Performance

Summary of all time highs, changes and price drops for iCar Asia
Historical stock prices
Current Share PriceAU$0.52
52 Week HighAU$0.23
52 Week LowAU$0.52
Beta0.95
1 Month Change8.42%
3 Month Change18.39%
1 Year Change77.59%
3 Year Change151.22%
5 Year Change68.85%
Change since IPO123.91%

Recent News & Updates

Shareholder Returns

ICQAU Interactive Media and ServicesAU Market
7D6.2%0.4%0.9%
1Y77.6%29.6%20.2%

Return vs Industry: ICQ exceeded the Australian Interactive Media and Services industry which returned 29.6% over the past year.

Return vs Market: ICQ exceeded the Australian Market which returned 20.2% over the past year.

Price Volatility

Is ICQ's price volatile compared to industry and market?
ICQ volatility
ICQ Beta0.95
Industry Beta1.03
Market Beta1

Stable Share Price: ICQ is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: ICQ's weekly volatility has decreased from 12% to 4% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2012394Hamish Stonehttps://www.icarasia.com

iCar Asia Limited develops, owns, and operates internet based automotive portals for used and new car buyers in South East Asia. It operates automotive portals under the Carlist.my and LiveLifeDrive brands in Malaysia; Mobil123.com, Otospirit.com, and carmudi.co.id brands in Indonesia; and one2car.com, Autospinn.com, and Thaicar.com brands in Thailand. iCar Asia Limited was incorporated in 2012 and is headquartered in Kuala Lumpur, Malaysia.

iCar Asia Fundamentals Summary

How do iCar Asia's earnings and revenue compare to its market cap?
ICQ fundamental statistics
Market CapAU$222.67m
Earnings (TTM)-AU$9.40m
Revenue (TTM)AU$16.02m

14.5x

P/S Ratio

-24.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ICQ income statement (TTM)
RevenueAU$16.02m
Cost of RevenueAU$14.73m
Gross ProfitAU$1.29m
ExpensesAU$10.69m
Earnings-AU$9.40m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.021
Gross Margin8.05%
Net Profit Margin-58.69%
Debt/Equity Ratio19.5%

How did ICQ perform over the long term?

See historical performance and comparison

Valuation

Is iCar Asia undervalued compared to its fair value and its price relative to the market?

10.62x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: ICQ is unprofitable, so we can't compare its PE Ratio to the Australian Interactive Media and Services industry average.

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


Price to Book Ratio

PB vs Industry: ICQ is overvalued based on its PB Ratio (10.6x) compared to the AU Interactive Media and Services industry average (7.3x).


Future Growth

How is iCar Asia forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

25.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ICQ is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: ICQ is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: ICQ is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: ICQ's revenue (32% per year) is forecast to grow faster than the Australian market (5.5% per year).

High Growth Revenue: ICQ's revenue (32% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ICQ is forecast to be unprofitable in 3 years.


Past Performance

How has iCar Asia performed over the past 5 years?

7.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ICQ is currently unprofitable.

Growing Profit Margin: ICQ is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ICQ is unprofitable, but has reduced losses over the past 5 years at a rate of 7.4% per year.

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

Earnings vs Industry: ICQ is unprofitable, making it difficult to compare its past year earnings growth to the Interactive Media and Services industry (9.2%).


Return on Equity

High ROE: ICQ has a negative Return on Equity (-43.09%), as it is currently unprofitable.


Financial Health

How is iCar Asia's financial position?


Financial Position Analysis

Short Term Liabilities: ICQ's short term assets (A$5.6M) do not cover its short term liabilities (A$9.0M).

Long Term Liabilities: ICQ's short term assets (A$5.6M) do not cover its long term liabilities (A$5.7M).


Debt to Equity History and Analysis

Debt Level: ICQ's debt to equity ratio (19.5%) is considered satisfactory.

Reducing Debt: ICQ's debt to equity ratio has increased from 1.1% to 19.5% over the 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: ICQ has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: ICQ has less than a year of cash runway if free cash flow continues to grow at historical rates of 13.9% each year.


Dividend

What is iCar Asia current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if ICQ'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 ICQ'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

Hamish Stone

5.33yrs

Tenure

AU$1,314,714

Compensation

Mr. Hamish Stone has been Managing Director and Chief Executive Officer at iCarAsia Limited since June 16, 2016 and serves as its Director since February 02, 2020. Mr. Stone holds a Bachelor of Commerce (H...


CEO Compensation Analysis

Compensation vs Market: Hamish's total compensation ($USD975.81K) is above average for companies of similar size in the Australian market ($USD556.28K).

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


Leadership Team

Experienced Management: ICQ's management team is considered experienced (3.4 years average tenure).


Board Members

Experienced Board: ICQ's board of directors are considered experienced (4.7 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 4.3%.


Top Shareholders

Company Information

iCar Asia Limited's employee growth, exchange listings and data sources


Key Information

  • Name: iCar Asia Limited
  • Ticker: ICQ
  • Exchange: ASX
  • Founded: 2012
  • Industry: Interactive Media and Services
  • Sector: Media
  • Market Cap: AU$222.666m
  • Shares outstanding: 449.83m
  • Website: https://www.icarasia.com

Number of Employees


Location

  • iCar Asia Limited
  • Centerpoint North Tower
  • Suite 18.01, Level 18
  • Kuala Lumpur
  • Wilayah Persekutuan
  • 59200
  • Malaysia

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 07:04
End of Day Share Price2021/10/18 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.