ASX:NVO

Stock Analysis Report

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Executive Summary

Nvoi Limited engages in the development of cloud-based software-as-a-service solution platform in Australia. More Details


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-8.3%

NVO

2.4%

AU Interactive Media and Services

-0.3%

AU Market


1 Year Return

-8.3%

NVO

16.8%

AU Interactive Media and Services

-6.9%

AU Market

Return vs Industry: NVO underperformed the Australian Interactive Media and Services industry which returned 16.8% over the past year.

Return vs Market: NVO underperformed the Australian Market which returned -6.9% over the past year.


Shareholder returns

NVOIndustryMarket
7 Day-8.3%2.4%-0.3%
30 Day10.0%12.4%5.1%
90 Day-18.5%15.7%4.2%
1 Year-4.3%-8.3%18.3%16.8%-3.5%-6.9%
3 Year-42.6%-60.7%64.8%56.4%18.1%3.0%
5 Yearn/a144.3%122.5%44.2%15.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

3.7x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: NVO is good value based on its PB Ratio (3.7x) compared to the AU Interactive Media and Services industry average (8.2x).


Next Steps

Future Growth

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

33.6%

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 Nvoi 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 Nvoi performed over the past 5 years?

15.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NVO is currently unprofitable.

Growing Profit Margin: NVO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: NVO is unprofitable, but has reduced losses over the past 5 years at a rate of 15.2% per year.

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

Earnings vs Industry: NVO is unprofitable, making it difficult to compare its past year earnings growth to the Interactive Media and Services industry (-2.2%).


Return on Equity

High ROE: NVO has a negative Return on Equity (-65.72%), as it is currently unprofitable.


Next Steps

Financial Health

How is Nvoi's financial position?


Financial Position Analysis

Short Term Liabilities: NVO's short term assets (A$5.9M) exceed its short term liabilities (A$1.3M).

Long Term Liabilities: NVO's short term assets (A$5.9M) exceed its long term liabilities (A$21.0K).


Debt to Equity History and Analysis

Debt Level: NVO is debt free.

Reducing Debt: NVO currently has no debt however we can't compare to 5 years ago as we have no data for that period.


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

Forecast Cash Runway: NVO has sufficient cash runway for 2.2 years if free cash flow continues to grow at historical rates of 5.3% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

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

0.2yrs

Average management tenure


CEO

Steve Butler

0.17

Tenure

Mr. Steve Butler has been Chief Executive Officer at Nvoi Limited since August 27, 2020. Prior to this he was Nvoi’s Chief Product Officer. Over the past few months, he has strategically positioned the JXT ...


Leadership Team

NamePositionTenureCompensationOwnership
Steve Butler
Chief Executive Officer0.17yrno datano data
Alison Crealy
Chief Financial Officer1.33yrsno datano data
David Franks
Company Secretary0.083yrno datano data

0.2yrs

Average Tenure

Experienced Management: NVO's management team is not considered experienced ( 0.2 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Philip Crutchfield
Non-Executive Chairman1yrAU$239.65k4.41%
A$ 871.2k
Steven Papadopoulos
Non-Executive Director1.5yrsAU$243.22k2.06%
A$ 408.1k
John Winters
Non-Executive Director1.5yrsAU$414.76k4.78%
A$ 944.7k

1.5yrs

Average Tenure

Experienced Board: NVO's board of directors are not considered experienced ( 1.5 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 73.4%.


Top Shareholders

Company Information

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


Key Information

  • Name: Nvoi Limited
  • Ticker: NVO
  • Exchange: ASX
  • Founded: 2003
  • Industry: Interactive Media and Services
  • Sector: Media
  • Market Cap: AU$19.775m
  • Shares outstanding: 1.80b
  • Website: https://www.nvoi.com.au

Location

  • Nvoi Limited
  • 82-88 Elizabeth Street
  • Level 7
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NVOASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJul 2016
NVOCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJul 2016

Biography

Nvoi Limited engages in the development of cloud-based software-as-a-service solution platform in Australia. Its platform focuses on human resource management, which offers a suite of products, including J ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/25 10:52
End of Day Share Price2020/10/23 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.