ASX:NCL

Stock Analysis Report

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Executive Summary

Netccentric Limited operates in the digital advertising sector primarily in Malaysia, Singapore, Thailand, and Taiwan. More Details


Snowflake Analysis

Flawless balance sheet with acceptable track record.

Share Price & News

How has Netccentric's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: Insufficient data to determine NCL's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine NCL's volatility change over the past year.


Market Performance


7 Day Return

76.7%

NCL

1.3%

AU Media

1.7%

AU Market


1 Year Return

n/a

NCL

-21.2%

AU Media

-1.6%

AU Market

Return vs Industry: Insufficient data to determine how NCL performed against the Australian Media industry.

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


Shareholder returns

NCLIndustryMarket
7 Day76.7%1.3%1.7%
30 Day17.8%14.1%9.5%
90 Day-3.6%39.8%9.2%
1 Yearn/a-8.6%-21.2%1.8%-1.6%
3 Year165.0%165.0%-14.2%-34.7%24.8%9.2%
5 Year-62.1%-62.1%-8.4%-39.0%56.1%25.0%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: NCL (A$0.05) is trading below our estimate of fair value (A$0.18)

Significantly Below Fair Value: NCL is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: NCL is poor value based on its PE Ratio (205.6x) compared to the AU Media industry average (15.6x).

PE vs Market: NCL is poor value based on its PE Ratio (205.6x) compared to the Australian market (22.6x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: NCL is overvalued based on its PB Ratio (3.7x) compared to the AU Media industry average (1.4x).


Next Steps

Future Growth

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

69.7%

Forecasted Media 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 Netccentric 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 Netccentric performed over the past 5 years?

21.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NCL has high quality earnings.

Growing Profit Margin: NCL became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: NCL has become profitable over the past 5 years, growing earnings by 21.3% per year.

Accelerating Growth: NCL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: NCL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Media industry (-5.8%).


Return on Equity

High ROE: NCL's Return on Equity (2%) is considered low.


Next Steps

Financial Health

How is Netccentric's financial position?


Financial Position Analysis

Short Term Liabilities: NCL's short term assets (SGD4.9M) exceed its short term liabilities (SGD1.2M).

Long Term Liabilities: NCL's short term assets (SGD4.9M) exceed its long term liabilities (SGD76.8K).


Debt to Equity History and Analysis

Debt Level: NCL is debt free.

Reducing Debt: NCL has no debt compared to 5 years ago when its debt to equity ratio was 0.01%.

Debt Coverage: NCL has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: NCL has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Netccentric current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

1.1yrs

Average management tenure


CEO

Netccentric has no CEO, or we have no data on them.


Leadership Team

NamePositionTenureCompensationOwnership
Ganesh Bangah
Executive Chairman0.17yrno data84.16%
SGD 11.7m
Angeline Chiam
Chief Financial Officer0.25yrno datano data
Joanne Chen
Chief Operations Officer3.5yrsno datano data
Tze Hoong Teoh
Chief Technical Officerno datano datano data
Daniel Wong
Chief Technology Officerno datano datano data
Lee Tamplin
Company Secretary2yrsno datano data
Chee Mei Sin
Company Secretaryno datano datano data

1.1yrs

Average Tenure

Experienced Management: NCL's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Ganesh Bangah
Executive Chairman0.17yrno data84.16%
SGD 11.7m
Darren Cooper
Independent Non-Executive Director0.17yrno datano data
Robert Sultan
Independent Non-Executive Director0.17yrno datano data

0.2yrs

Average Tenure

Experienced Board: NCL's board of directors are not considered experienced ( 0.2 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: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Netccentric Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Netccentric Limited
  • Ticker: NCL
  • Exchange: ASX
  • Founded: 2006
  • Industry: Advertising
  • Sector: Media
  • Market Cap: AU$13.913m
  • Shares outstanding: 262.50m
  • Website: https://www.netccentric.com

Location

  • Netccentric Limited
  • 600 North Bridge Road
  • No. 23-01 Parkview Square
  • Singapore
  • 188778
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NCLASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJul 2015

Biography

Netccentric Limited operates in the digital advertising sector primarily in Malaysia, Singapore, Thailand, and Taiwan. It operates Nuffnang, a blog advertising community that allows advertisers to promote ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/27 07:02
End of Day Share Price2020/11/26 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.