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AXI

Axiom PropertiesASX:AXI Stock Report

Last Price

AU$0.07

Market Cap

AU$30.3m

7D

-9.1%

1Y

4.5%

Updated

17 Jan, 2022

Data

Company Financials
AXI fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends0/6

AXI Stock Overview

Axiom Properties Limited, together with its subsidiaries, engages in property investment, development, and rental activities in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Axiom Properties
Historical stock prices
Current Share PriceAU$0.07
52 Week HighAU$0.10
52 Week LowAU$0.05
Beta0.68
1 Month Change-6.67%
3 Month Change-30.00%
1 Year Change4.48%
3 Year Change55.56%
5 Year Change42.86%
Change since IPO-84.09%

Recent News & Updates

Dec 13
If You Like EPS Growth Then Check Out Axiom Properties (ASX:AXI) Before It's Too Late

If You Like EPS Growth Then Check Out Axiom Properties (ASX:AXI) Before It's Too Late

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

Aug 23
Here's Why I Think Axiom Properties (ASX:AXI) Might Deserve Your Attention Today

Here's Why I Think Axiom Properties (ASX:AXI) Might Deserve Your Attention Today

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

Shareholder Returns

AXIAU Real EstateAU Market
7D-9.1%-2.1%-0.5%
1Y4.5%-6.4%10.4%

Return vs Industry: AXI exceeded the Australian Real Estate industry which returned -6.4% over the past year.

Return vs Market: AXI underperformed the Australian Market which returned 10.4% over the past year.

Price Volatility

Is AXI's price volatile compared to industry and market?
AXI volatility
AXI Average Weekly Movement17.4%
Real Estate Industry Average Movement4.9%
Market Average Movement8.4%
10% most volatile stocks in AU Market15.2%
10% least volatile stocks in AU Market3.6%

Stable Share Price: AXI is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 17% a week.

Volatility Over Time: AXI's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
1983n/aBen Laurancehttps://www.axiompl.com.au

Axiom Properties Limited, together with its subsidiaries, engages in property investment, development, and rental activities in Australia. The company’s property portfolio comprises mixed-use residential, retail, hotel, and car parking and office developments, as well as a 600-lot residential subdivision development. It is also involved in fund management activities.

Axiom Properties Fundamentals Summary

How do Axiom Properties's earnings and revenue compare to its market cap?
AXI fundamental statistics
Market CapAU$30.29m
Earnings (TTM)AU$12.16m
Revenue (TTM)AU$59.79m

2.5x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AXI income statement (TTM)
RevenueAU$59.79m
Cost of RevenueAU$45.79m
Gross ProfitAU$14.00m
ExpensesAU$1.84m
EarningsAU$12.16m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.028
Gross Margin23.42%
Net Profit Margin20.34%
Debt/Equity Ratio0%

How did AXI perform over the long term?

See historical performance and comparison

Valuation

Is Axiom Properties 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: AXI (A$0.07) is trading below our estimate of fair value (A$2.73)

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


Price To Earnings Ratio

PE vs Industry: AXI is good value based on its PE Ratio (2.5x) compared to the Australian Real Estate industry average (16.2x).

PE vs Market: AXI is good value based on its PE Ratio (2.5x) compared to the Australian market (19.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: AXI's PB Ratio (1x) is in line with the AU Real Estate industry average.


Future Growth

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

29.6%

Forecasted Real Estate 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 Axiom Properties 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 Axiom Properties performed over the past 5 years?

-2.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AXI has high quality earnings.

Growing Profit Margin: AXI's current net profit margins (20.3%) are lower than last year (65.7%).


Past Earnings Growth Analysis

Earnings Trend: AXI's earnings have declined by 2.7% per year over the past 5 years.

Accelerating Growth: AXI's earnings growth over the past year (3213.6%) exceeds its 5-year average (-2.7% per year).

Earnings vs Industry: AXI earnings growth over the past year (3213.6%) exceeded the Real Estate industry 84%.


Return on Equity

High ROE: AXI's Return on Equity (39.3%) is considered high.


Financial Health

How is Axiom Properties's financial position?


Financial Position Analysis

Short Term Liabilities: AXI's short term assets (A$27.5M) exceed its short term liabilities (A$10.3M).

Long Term Liabilities: AXI's short term assets (A$27.5M) exceed its long term liabilities (A$441.0K).


Debt to Equity History and Analysis

Debt Level: AXI is debt free.

Reducing Debt: AXI has no debt compared to 5 years ago when its debt to equity ratio was 170.3%.

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

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


Balance Sheet


Dividend

What is Axiom Properties's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

13.8yrs

Average board tenure


CEO

Ben Laurance

no data

Tenure

AU$765,134

Compensation

Mr. Benjamin Peter Laurance, also known as Ben, serves as the Managing Director of Axiom Properties Ltd. Previously, Mr. Laurance served as Secretary at Axiom Properties Ltd. from October 2010 to January 1...


CEO Compensation Analysis

Compensation vs Market: Ben's total compensation ($USD552.80K) is above average for companies of similar size in the Australian market ($USD291.63K).

Compensation vs Earnings: Ben's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: AXI's board of directors are seasoned and experienced ( 13.8 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Axiom Properties Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Axiom Properties Limited
  • Ticker: AXI
  • Exchange: ASX
  • Founded: 1983
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Implied Market Cap: AU$30.290m
  • Shares outstanding: 432.71m
  • Website: https://www.axiompl.com.au

Location

  • Axiom Properties Limited
  • Leigh Chambers
  • Level 1
  • Adelaide
  • South Australia
  • 5000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/17 16:21
End of Day Share Price2022/01/17 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.