ASX:AXI

Stock Analysis Report

Executive Summary

Axiom Properties Limited engages in property investment, development, and rental activities in Australia.

Snowflake

Fundamentals

Flawless balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

AXI

1.1%

AU Real Estate

0.7%

AU Market


1 Year Return

-15.9%

AXI

2.2%

AU Real Estate

11.0%

AU Market

Return vs Industry: AXI underperformed the Australian Real Estate industry which returned 2.2% over the past year.

Return vs Market: AXI underperformed the Australian Market which returned 11% over the past year.


Shareholder returns

AXIIndustryMarket
7 Day0%1.1%0.7%
30 Day-9.8%0.7%-0.2%
90 Day-11.9%15.3%-0.1%
1 Year-15.9%-15.9%5.4%2.2%17.4%11.0%
3 Year8.6%-28.8%21.5%8.7%36.3%18.0%
5 Year10.7%-27.5%39.7%15.3%51.4%17.3%

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?

0.64x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate AXI's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate AXI's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: AXI is unprofitable, so we can't compare its PE Ratio to the Real Estate industry average.

PE vs Market: AXI is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

Low 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 is good value based on its PB Ratio (0.6x) compared to the AU Real Estate industry average (1x).


Next Steps

Future Growth

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

21.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: Insufficient data to determine if AXI's revenue is forecast to grow faster than the Australian market.

High Growth Revenue: Insufficient data to determine if AXI's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if AXI's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Axiom Properties performed over the past 5 years?

-7.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: AXI is unprofitable, and losses have increased over the past 5 years at a rate of -7.3% per year.

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

Earnings vs Industry: AXI is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-2.5%).


Return on Equity

High ROE: AXI has a negative Return on Equity (-9.54%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: AXI is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: AXI is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Axiom Properties's financial position?


Financial Position Analysis

Short Term Liabilities: AXI's short term assets (A$9.7M) exceeds its short term liabilities (A$444.0K)

Long Term Liabilities: AXI has no long term liabilities


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 103.6%.

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

Inventory Level: AXI has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if AXI's debt is covered by short term assets.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.5%markettop25%5.6%industryaverage2.8%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

What is the CEO of Axiom Properties's salary, the management and board of directors tenure and is there insider trading?

11.5yrs

Average board tenure


CEO

Ben Laurance 0

0yrs

Tenure

AU$637,519

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 ($USD431.08K) is about average for companies of similar size in the Australian market ($USD261.02K).

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


Board Age and Tenure

11.5yrs

Average Tenure

Experienced Board: AXI's board of directors are seasoned and experienced ( 11.5 years average tenure).


Insider Trading

Insider Buying: AXI insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyAU$9,04023 Aug 19
Benjamin Laurance
EntityIndividual
Role
Chief Executive Officer
MD & Executive Director
Shares226,000
Max PriceAU$0.04
BuyAU$84,00026 Dec 18
Benjamin Laurance
EntityIndividual
Role
Chief Executive Officer
MD & Executive Director
Shares2,000,000
Max PriceAU$0.042
BuyAU$2,73105 Dec 18
Benjamin Laurance
EntityIndividual
Role
Chief Executive Officer
MD & Executive Director
Shares63,515
Max PriceAU$0.043
BuyAU$1,95629 Nov 18
Benjamin Laurance
EntityIndividual
Role
Chief Executive Officer
MD & Executive Director
Shares45,498
Max PriceAU$0.043
BuyAU$75227 Nov 18
Benjamin Laurance
EntityIndividual
Role
Chief Executive Officer
MD & Executive Director
Shares17,500
Max PriceAU$0.043
BuyAU$96726 Nov 18
Benjamin Laurance
EntityIndividual
Role
Chief Executive Officer
MD & Executive Director
Shares22,500
Max PriceAU$0.043
BuyAU$8,60020 Nov 18
Benjamin Laurance
EntityIndividual
Role
Chief Executive Officer
MD & Executive Director
Shares200,000
Max PriceAU$0.043
BuyAU$4214 Nov 18
Benjamin Laurance
EntityIndividual
Role
Chief Executive Officer
MD & Executive Director
Shares987
Max PriceAU$0.043
BuyAU$6,45007 Nov 18
Benjamin Laurance
EntityIndividual
Role
Chief Executive Officer
MD & Executive Director
Shares150,000
Max PriceAU$0.043
BuyAU$21,99926 Oct 18
Benjamin Laurance
EntityIndividual
Role
Chief Executive Officer
MD & Executive Director
Shares500,000
Max PriceAU$0.044
BuyAU$13,20017 Oct 18
Benjamin Laurance
EntityIndividual
Role
Chief Executive Officer
MD & Executive Director
Shares300,000
Max PriceAU$0.044

Ownership Breakdown


Management Team

  • Ben Laurance

    MD & Executive Director

    • Tenure: 0yrs
    • Compensation: AU$637.52k
  • Paul Santinon

    CFO & Company Secretary

    • Tenure: 7.1yrs
  • Anthony Lombardo

    Development & Investment Manager

    • Tenure: 2.4yrs

Board Members

  • Doris Chung

    Alternate Non-Executive Director

    • Tenure: 3.9yrs
  • John Howe

    Non-Executive Director

    • Tenure: 11.5yrs
    • Compensation: AU$74.84k
  • Ian Laurance (79yo)

    Non-Executive Chairman

    • Tenure: 13.5yrs
    • Compensation: AU$118.28k
  • Ben Laurance

    MD & Executive Director

    • Tenure: 0yrs
    • Compensation: AU$637.52k
  • Peter Laurance

    Advisor to the Board

    • Tenure: 0yrs
  • Ying Chun Liu (55yo)

    Non-Executive Director

    • Tenure: 3.9yrs
    • Compensation: AU$55.00k

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:
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: AU$16.010m
  • 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 engages in property investment, development, and rental activities in Australia. The company’s property portfolio comprises mixed-use residential, retail, cinema, hotel, and car pa ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/16 10:31
End of Day Share Price2019/10/03 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.