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Villa World

ASX:VLW
Snowflake Description

Proven track record average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
VLW
ASX
A$282M
Market Cap
  1. Home
  2. AU
  3. Real Estate
Company description

Villa World Limited develops and sells residential land in Australia. The last earnings update was 103 days ago. More info.


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VLW Share Price and Events
7 Day Returns
2.3%
ASX:VLW
1.5%
AU Real Estate
1.2%
AU Market
1 Year Returns
-5.9%
ASX:VLW
-18.5%
AU Real Estate
4.7%
AU Market
VLW Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Villa World (VLW) 2.3% 2.3% 12.5% -5.9% 1.8% 18.4%
AU Real Estate 1.5% 7.3% 2.5% -18.5% -2.2% 5.2%
AU Market 1.2% 1.1% 4.3% 4.7% 18.3% 9%
1 Year Return vs Industry and Market
  • VLW outperformed the Real Estate industry which returned -18.5% over the past year.
  • VLW underperformed the Market in Australia which returned 4.7% over the past year.
Price Volatility
VLW
Industry
5yr Volatility vs Market

Value

 Is Villa World undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Villa World to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Villa World.

ASX:VLW Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 3 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.8%
Perpetual Growth Rate 10-Year AU Government Bond Rate 2.3%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for ASX:VLW
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year AU Govt Bond Rate 2.3%
Equity Risk Premium S&P Global 6%
Real Estate Unlevered Beta Simply Wall St/ S&P Global 0.99
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.988 (1 + (1- 30%) (56.46%))
1.253
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.25
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.31% + (1.253 * 5.96%)
9.78%

Discounted Cash Flow Calculation for ASX:VLW using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Villa World is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

ASX:VLW DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (AUD, Millions) Source Present Value
Discounted (@ 9.78%)
2019 61.63 Analyst x3 56.14
2020 22.30 Analyst x1 18.50
2021 23.00 Analyst x1 17.38
2022 20.37 Est @ -11.43% 14.03
2023 18.88 Est @ -7.3% 11.84
2024 18.05 Est @ -4.42% 10.31
2025 17.62 Est @ -2.4% 9.17
2026 17.44 Est @ -0.99% 8.27
2027 17.44 Est @ 0% 7.53
2028 17.56 Est @ 0.7% 6.91
Present value of next 10 years cash flows A$160.09
ASX:VLW DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= A$17.56 × (1 + 2.31%) ÷ (9.78% – 2.31%)
A$240.61
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= A$240.61 ÷ (1 + 9.78%)10
A$94.64
ASX:VLW Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= A$160.09 + A$94.64
A$254.72
Equity Value per Share
(AUD)
= Total value / Shares Outstanding
= A$254.72 / 125.16
A$2.04
ASX:VLW Discount to Share Price
Calculation Result
Value per share (AUD) From above. A$2.04
Current discount Discount to share price of A$2.25
= -1 x (A$2.25 - A$2.04) / A$2.04
-10.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Villa World is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Villa World's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Villa World's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:VLW PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.35
ASX:VLW Share Price ** ASX (2019-05-24) in AUD A$2.25
Australia Real Estate Industry PE Ratio Median Figure of 23 Publicly-Listed Real Estate Companies 11.54x
Australia Market PE Ratio Median Figure of 543 Publicly-Listed Companies 16.23x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Villa World.

ASX:VLW PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:VLW Share Price ÷ EPS (both in AUD)

= 2.25 ÷ 0.35

6.49x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Villa World is good value based on earnings compared to the AU Real Estate industry average.
  • Villa World is good value based on earnings compared to the Australia market.
Price based on expected Growth
Does Villa World's expected growth come at a high price?
Raw Data
ASX:VLW PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 6.49x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
3.1%per year
Australia Real Estate Industry PEG Ratio Median Figure of 10 Publicly-Listed Real Estate Companies 0.69x
Australia Market PEG Ratio Median Figure of 358 Publicly-Listed Companies 1.41x

*Line of best fit is calculated by linear regression .

ASX:VLW PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 6.49x ÷ 3.1%

2.11x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Villa World is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Villa World's assets?
Raw Data
ASX:VLW PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$2.31
ASX:VLW Share Price * ASX (2019-05-24) in AUD A$2.25
Australia Real Estate Industry PB Ratio Median Figure of 37 Publicly-Listed Real Estate Companies 1.02x
Australia Market PB Ratio Median Figure of 1,682 Publicly-Listed Companies 1.66x
ASX:VLW PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:VLW Share Price ÷ Book Value per Share (both in AUD)

= 2.25 ÷ 2.31

0.97x

* Primary Listing of Villa World.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Villa World is good value based on assets compared to the AU Real Estate industry average.
X
Value checks
We assess Villa World's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Real Estate industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Real Estate industry average (and greater than 0)? (1 check)
  5. Villa World has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Villa World expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
3.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Villa World expected to grow at an attractive rate?
  • Villa World's earnings growth is expected to exceed the low risk savings rate of 2.3%.
Growth vs Market Checks
  • Villa World's earnings growth is positive but not above the Australia market average.
  • Villa World's revenues are expected to decrease over the next 1-3 years, this is below the Australia market average.
Annual Growth Rates Comparison
Raw Data
ASX:VLW Future Growth Rates Data Sources
Data Point Source Value (per year)
ASX:VLW Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 3.1%
ASX:VLW Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts -0.8%
Australia Real Estate Industry Earnings Growth Rate Market Cap Weighted Average 15%
Australia Real Estate Industry Revenue Growth Rate Market Cap Weighted Average 0.6%
Australia Market Earnings Growth Rate Market Cap Weighted Average 7%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:VLW Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:VLW Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-06-30 432 1
2021-06-30 409 24 36 3
2020-06-30 407 50 29 3
2019-06-30 405 63 27 3
ASX:VLW Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 472 20 44
2018-09-30 457 -24 44
2018-06-30 442 -68 44
2018-03-31 411 -54 40
2017-12-31 380 -40 36
2017-09-30 383 -2 37
2017-06-30 387 35 38
2017-03-31 392 -3 35
2016-12-31 396 -41 33
2016-09-30 392 -36 33
2016-06-30 387 -32 34
2016-03-31 387 8 33

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Villa World's earnings are expected to grow by 3.1% yearly, however this is not considered high growth (20% yearly).
  • Villa World's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:VLW Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from Villa World Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:VLW Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-06-30
2021-06-30 0.28 0.29 0.27 3.00
2020-06-30 0.23 0.24 0.20 3.00
2019-06-30 0.21 0.22 0.19 3.00
ASX:VLW Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.35
2018-09-30 0.35
2018-06-30 0.34
2018-03-31 0.32
2017-12-31 0.29
2017-09-30 0.31
2017-06-30 0.33
2017-03-31 0.31
2016-12-31 0.29
2016-09-30 0.30
2016-06-30 0.31
2016-03-31 0.31

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Villa World is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Villa World's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Villa World has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Villa World performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Villa World's growth in the last year to its industry (Real Estate).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Villa World's year on year earnings growth rate has been positive over the past 5 years.
  • Villa World's 1-year earnings growth exceeds its 5-year average (23.7% vs 17.6%)
  • Villa World's earnings growth has exceeded the AU Real Estate industry average in the past year (23.7% vs -6.2%).
Earnings and Revenue History
Villa World's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Villa World Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:VLW Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 472.07 43.95 60.78
2018-09-30 456.82 43.79 60.31
2018-06-30 441.57 43.63 59.83
2018-03-31 410.58 39.58 56.71
2017-12-31 379.58 35.53 53.59
2017-09-30 383.19 36.68 51.24
2017-06-30 386.79 37.84 48.88
2017-03-31 391.54 35.37 47.23
2016-12-31 396.29 32.90 45.58
2016-09-30 391.65 33.31 45.15
2016-06-30 387.00 33.71 44.73
2016-03-31 387.31 33.39 44.14
2015-12-31 387.61 33.07 43.56
2015-09-30 354.58 29.35 40.03
2015-06-30 321.55 25.64 36.51
2015-03-31 295.63 25.07 34.98
2014-12-31 269.71 24.51 33.45
2014-09-30 249.58 21.79 31.86
2014-06-30 229.45 19.07 30.28
2014-03-31 204.69 16.40 16.67
2013-12-31 179.94 13.73 3.05
2013-09-30 174.67 0.12 1.46
2013-06-30 169.40 -13.49 -0.14
2013-03-31 156.05 -15.59 9.85
2012-12-31 142.69 -17.69 19.83
2012-09-30 144.60 -4.89 18.97
2012-06-30 146.50 7.92 18.11

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Villa World has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Villa World used its assets more efficiently than the AU Real Estate industry average last year based on Return on Assets.
  • Villa World's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Villa World's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Real Estate industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Villa World has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Villa World's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Villa World's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Villa World is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Villa World's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Villa World's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Villa World Company Filings, last reported 4 months ago.

ASX:VLW Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 290.00 158.99 9.76
2018-09-30 290.00 158.99 9.76
2018-06-30 309.72 183.79 12.65
2018-03-31 309.72 183.79 12.65
2017-12-31 292.69 156.24 20.46
2017-09-30 292.69 156.24 20.46
2017-06-30 287.74 83.26 7.66
2017-03-31 287.74 83.26 7.66
2016-12-31 249.78 113.64 14.13
2016-09-30 249.78 113.64 14.13
2016-06-30 236.88 132.25 8.36
2016-03-31 236.88 132.25 8.36
2015-12-31 230.28 49.87 7.37
2015-09-30 230.28 49.87 7.37
2015-06-30 220.60 95.87 22.57
2015-03-31 220.60 95.87 22.57
2014-12-31 183.65 103.83 2.03
2014-09-30 183.65 103.83 2.03
2014-06-30 180.25 71.11 12.12
2014-03-31 180.25 71.11 12.12
2013-12-31 175.10 69.05 13.46
2013-09-30 175.10 69.05 13.46
2013-06-30 136.13 70.93 15.35
2013-03-31 136.13 70.93 15.35
2012-12-31 130.50 70.25 17.50
2012-09-30 130.50 70.25 17.50
2012-06-30 151.23 74.91 2.82
  • Villa World's level of debt (54.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (39.4% vs 54.8% today).
  • Debt is not well covered by operating cash flow (12.8%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 24.7x coverage).
X
Financial health checks
We assess Villa World's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Villa World has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Villa World's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
8.22%
Current annual income from Villa World dividends. Estimated to be 6.78% next year.
If you bought A$2,000 of Villa World shares you are expected to receive A$164 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Villa World's pays a higher dividend yield than the bottom 25% of dividend payers in Australia (2.59%).
  • Villa World's dividend is above the markets top 25% of dividend payers in Australia (5.64%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:VLW Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
Australia Real Estate Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 3.9%
Australia Market Average Dividend Yield Market Cap Weighted Average of 414 Stocks 4.2%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.6%
Australia Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ASX:VLW Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
2022-06-30 0.18 1.00
2021-06-30 0.16 3.00
2020-06-30 0.15 3.00
2019-06-30 0.14 3.00
ASX:VLW Past Annualized Dividends Data
Date (Data in A$) Dividend per share (annual) Avg. Yield (%)
2018-08-14 0.185 9.187
2018-02-13 0.185 7.833
2017-08-15 0.185 7.287
2016-08-16 0.180 7.781
2015-08-18 0.160 7.625
2014-08-26 0.180 8.739
2014-02-13 0.120 5.928
2012-02-14 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Villa World has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Villa World only paid a dividend in the past 5 years.
Current Payout to shareholders
What portion of Villa World's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.9x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.7x coverage).
X
Income/ dividend checks
We assess Villa World's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Villa World afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Villa World has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Craig Treasure
COMPENSATION A$1,535,999
AGE 56
TENURE AS CEO 6.6 years
CEO Bio

Mr. Craig Treasure, BASc (Surveying) (QUT), MDIA has been the Chief Executive Officer and Managing Director of Villa World Limited since October 5, 2012 and has been its Executive Director since February 17, 2012. Mr. Treasure served as Principal of Treasure & Associates. He has over 25 years experience in property development, specifically in land, housing and apartment development along the eastern seaboard of Australia. Mr. Treasure served as an Executive at Sunland Group Limited for 4 years and served as its Director of Property Assets Developing and National Director Land and Housing. Mr. Treasure joined the Sunland Group in 1998 where he established the Melbourne operations. He was developed Sunland's expansion into Brisbane and the Sunshine Coast regional queensland and Northern new south Wales. Mr. Treasure served as the Executive Chairman of Villa World Limited from August 1, 2012 to May 28, 2014. He serves as an Independent Director of Austpac Funds Management; and a Director of iLiv Group. He served as a Non-Executive Director of Villa World Limited from February 2012 to July 2012. He served as an Executive Director of Sunland Group Limited from April 2002 to March­ 31, 2006. He is also a Licensed Surveyor and a member of the Urban Development Institute of Australia. Mr. Treasure holds a Bachelor of Applied Science in Surveying from Queensland University Of Technology.

CEO Compensation
  • Craig's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Craig's remuneration is higher than average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the Villa World management team in years:

4
Average Tenure
  • The tenure for the Villa World management team is about average.
Management Team

Craig Treasure

TITLE
CEO, MD & Executive Director
COMPENSATION
A$2M
AGE
56
TENURE
6.6 yrs

Lorelei Nieves

TITLE
Chief Financial Officer
COMPENSATION
A$211K
TENURE
1.1 yrs

Michael Vinodolac

TITLE
Chief Operating Officer
COMPENSATION
A$597K

Robyn Valmadre

TITLE
General Manager of Sales & Marketing
COMPENSATION
A$495K
TENURE
1.3 yrs

Brad Scale

TITLE
General Counsel & Company Secretary
TENURE
6.6 yrs
Board of Directors Tenure

Average tenure of the Villa World board of directors in years:

4.8
Average Tenure
  • The tenure for the Villa World board of directors is about average.
Board of Directors

Mark Jewell

TITLE
Independent Chairman
COMPENSATION
A$175K
AGE
63
TENURE
5 yrs

Craig Treasure

TITLE
CEO, MD & Executive Director
COMPENSATION
A$2M
AGE
56
TENURE
7.3 yrs

David Rennick

TITLE
Independent Non-Executive Director
COMPENSATION
A$110K
TENURE
4.7 yrs

Lisa MacCallum

TITLE
Independent Non Executive Director
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
17. Apr 19 Buy Accordion Investments Pty Ltd Company 28. Mar 19 17. Apr 19 1,462,390 A$2.20 A$3,151,907
27. Mar 19 Buy Accordion Investments Pty Ltd Company 20. Mar 19 27. Mar 19 1,306,537 A$2.23 A$2,901,565
18. Mar 19 Buy Accordion Investments Pty Ltd Company 31. Jan 19 18. Mar 19 2,212,890 A$2.18 A$4,503,401
22. Jan 19 Buy Accordion Investments Pty Ltd Company 21. Dec 18 18. Jan 19 1,265,412 A$1.77 A$2,188,524
18. Dec 18 Buy Accordion Investments Pty Ltd Company 18. Sep 18 18. Dec 18 8,294,831 A$1.93 A$16,027,948
17. Dec 18 Buy Craig Treasure Individual 14. Dec 18 14. Dec 18 40,000 A$1.61 A$64,400
28. Aug 18 Sell Craig Treasure Individual 21. Aug 18 23. Aug 18 -500,000 A$2.24 A$-1,106,814
22. Jul 18 Sell Dimensional Fund Advisors L.P. Company 25. May 18 16. Jul 18 -28,861 A$2.30 A$-66,502
22. Jul 18 Buy Dimensional Fund Advisors L.P. Company 27. Oct 17 19. Jul 18 1,211,803 A$2.76 A$3,016,511
X
Management checks
We assess Villa World's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Villa World has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Villa World Limited (ASX:VLW): 3 Days To Buy Before The Ex-Dividend Date

If you are interested in cashing in on Villa World Limited's (ASX:VLW) upcoming dividend of AU$0.08 per share, you only have 3 days left to buy the shares before its ex-dividend date, 12 March 2019, in time for dividends payable on the 02 April 2019. … Is this future income stream a compelling catalyst for dividend investors to think about the stock as an investment today? … When assessing a stock as a potential addition to my dividend Portfolio, I look at these five areas:?

Simply Wall St -

Some Villa World Shareholders Are Down 20%

Villa World Limited (ASX:VLW) shareholders should be happy to see the share price up 11% in the last month. … But that is minimal compensation for the share price under-performance over the last year. … Even though the Villa World share price is down over the year, its EPS actually improved.

Simply Wall St -

Is Villa World Limited's (ASX:VLW) P/E Ratio Really That Good?

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … Based on the last twelve months, Villa World's P/E ratio is 5.54. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Is Villa World Limited's (ASX:VLW) CEO Paid Enough Relative To Peers?

Craig Treasure became the CEO of Villa World Limited (ASX:VLW) in 2012. … This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … How Does Craig Treasure's Compensation Compare With Similar Sized Companies?

Simply Wall St -

What You Must Know About Villa World Limited's (ASX:VLW) Financial Strength

While small-cap stocks, such as Villa World Limited (ASX:VLW) with its market cap of AU$218m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … So, understanding the company's financial health becomes. … Here are few basic financial health checks you should consider before taking the plunge.

Simply Wall St -

Will Villa World Limited's (ASX:VLW) Earnings Grow In The Next Couple Of Years?

In June 2018, Villa World Limited (ASX:VLW) released its latest earnings announcement, whicha

Simply Wall St -

How Many Insiders Sold Villa World Limited (ASX:VLW) Shares?

So shareholders might well want to know whether insiders have been buying or selling shares in Villa World Limited (ASX:VLW). … As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.'. … Craig Treasure was the only individual insider to sell shares in the last twelve months

Simply Wall St -

How Villa World Limited (ASX:VLW) Could Add Value To Your Portfolio

As an investor, I look for investments which does not compromise one fundamental factor for another. … By this I mean, I look at stocks holistically, from their financial health to their future outlook. … that has been a rockstar for income investors, currently trading at an attractive share price

Simply Wall St -

Is Villa World Limited's (ASX:VLW) P/E Ratio Really That Good?

We'll show how you can use Villa World Limited's (ASX:VLW) P/E ratio to inform your assessment of the investment opportunity. … Based on the last twelve months, Villa World's P/E ratio is 5.88. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

Villa World Limited (ASX:VLW): Earnings To Drop Next Year

After Villa World Limited's (ASX:VLW) recent earnings announcement in June 2018, … analyst consensus outlook appear … with earnings expected to decline by -8.4% in the upcoming year

Simply Wall St -

Company Info

Description

Villa World Limited develops and sells residential land in Australia. It operates through two segments, Property Development and Construction - New South Wales and Queensland, and Property Development and Construction - Victoria. The company also develops, constructs, and sells house and land packages. Villa World Limited was founded in 1986 and is headquartered in Broadbeach, Australia.

Details
Name: Villa World Limited
VLW
Exchange: ASX
Founded: 1986
A$281,609,831
125,159,925
Website: http://www.villaworld.com.au
Address: Villa World Limited
19 Elizabeth Avenue,
Level 1,
Broadbeach,
Queensland, 4218,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX VLW Ordinary Shares Australian Securities Exchange AU AUD 02. Dec 2011
CHIA VLW Ordinary Shares Chi-X Australia AU AUD 02. Dec 2011
Number of employees
Current staff
Staff numbers
157
Villa World employees.
Industry
Real Estate Development
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/26 10:35
End of day share price update: 2019/05/24 00:00
Last estimates confirmation: 2019/05/05
Last earnings filing: 2019/02/12
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.