ASX:AXI

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Flawless balance sheet and good value.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: AXI is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.

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


Market Performance


7 Day Return

-5.1%

AXI

3.8%

AU Real Estate

0.3%

AU Market


1 Year Return

74.4%

AXI

-11.6%

AU Real Estate

12.5%

AU Market

Return vs Industry: AXI exceeded the Australian Real Estate industry which returned -11.6% over the past year.

Return vs Market: AXI exceeded the Australian Market which returned 12.5% over the past year.


Shareholder returns

AXIIndustryMarket
7 Day-5.1%3.8%0.3%
30 Day17.2%8.9%2.2%
90 Day8.7%0.003%4.0%
1 Year74.4%74.4%-9.8%-11.6%16.1%12.5%
3 Year112.0%38.9%-4.7%-12.5%31.1%15.1%
5 Year133.6%53.1%28.7%8.7%62.5%31.3%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

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$0.08) is trading below our estimate of fair value (A$1.85)

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 (6.6x) compared to the AU Real Estate industry average (27.7x).

PE vs Market: AXI is good value based on its PE Ratio (6.6x) compared to the Australian market (20x).


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 (1.1x) is in line with the AU Real Estate industry average.


Next Steps

Future Growth

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

19.6%

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.


Next Steps

Past Performance

How has Axiom Properties performed over the past 5 years?

-12.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AXI has high quality earnings.

Growing Profit Margin: AXI's current net profit margins (16.5%) are lower than last year (34.1%).


Past Earnings Growth Analysis

Earnings Trend: AXI has become profitable over the past 5 years, growing earnings by -12.8% per year.

Accelerating Growth: AXI's earnings growth over the past year (4666.1%) exceeds its 5-year average (-12.8% per year).

Earnings vs Industry: AXI earnings growth over the past year (4666.1%) exceeded the Real Estate industry -13.3%.


Return on Equity

High ROE: AXI's Return on Equity (16%) is considered low.


Next Steps

Financial Health

How is Axiom Properties's financial position?


Financial Position Analysis

Short Term Liabilities: AXI's short term assets (A$28.5M) exceed its short term liabilities (A$1.0M).

Long Term Liabilities: AXI's short term assets (A$28.5M) exceed its long term liabilities (A$553.0K).


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 169.5%.

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


Next Steps

Dividend

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


Upcoming Dividend Payment


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?

12.9yrs

Average board tenure


CEO

Ben Laurance

no data

Tenure

AU$772,870

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 ($USD596.26K) is above average for companies of similar size in the Australian market ($USD295.52K).

Compensation vs Earnings: Ben's compensation has increased by more than 20% in the past year.


Board Members

NamePositionTenureCompensationOwnership
Benjamin Laurance
MD & Executive Directorno dataAU$772.87k16.65%
A$ 5.4m
Gim Lian Chung
Non-Executive Director5.33yrsno datano data
John Howe
Independent Non-Executive Director12.92yrsAU$76.67k2.15%
A$ 696.8k
Ian Laurance
Non-Executive Chairman14.92yrsAU$126.01k1.21%
A$ 393.7k
Peter Laurance
Advisor to the Boardno datano datano data
Ying Chun Liu
Independent Non-Executive Director5.33yrsAU$55.00kno data

12.9yrs

Average Tenure

Experienced Board: AXI's board of directors are seasoned and experienced ( 12.9 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 company bio, 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
  • Market Cap: AU$32.454m
  • Shares outstanding: 432.71m
  • Website: https://www.axiompl.com.au

Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AXIASX (Australian Securities Exchange)YesOrdinary SharesAUAUDFeb 1997
AXICHIA (Chi-X Australia)YesOrdinary SharesAUAUDFeb 1997

Biography

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, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/04 07:02
End of Day Share Price2021/03/04 00:00
Earnings2020/12/31
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.