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ASG

Autosports GroupASX:ASG Stock Report

Market Cap

AU$477.6m

7D

0%

1Y

63.4%

Updated

24 Oct, 2021

Data

Company Financials +
ASG fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health4/6
Dividends3/6

ASG Overview

Autosports Group Limited, together with its subsidiaries, engages in the motor vehicle retailing business in Australia.

Autosports Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Autosports Group
Historical stock prices
Current Share PriceAU$2.37
52 Week HighAU$1.35
52 Week LowAU$2.77
Beta1.03
1 Month Change-5.58%
3 Month Change3.95%
1 Year Change63.45%
3 Year Change97.50%
5 Year Changen/a
Change since IPO-4.05%

Recent News & Updates

May 30
Autosports Group (ASX:ASG) Is Reinvesting At Lower Rates Of Return

Autosports Group (ASX:ASG) Is Reinvesting At Lower Rates Of Return

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

Shareholder Returns

ASGAU Specialty RetailAU Market
7D0%1.2%0.6%
1Y63.4%26.3%21.3%

Return vs Industry: ASG exceeded the Australian Specialty Retail industry which returned 26.3% over the past year.

Return vs Market: ASG exceeded the Australian Market which returned 21.3% over the past year.

Price Volatility

Is ASG's price volatile compared to industry and market?
ASG volatility
ASG Beta1.03
Industry Beta1.2
Market Beta1

Stable Share Price: ASG is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: ASG's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006n/aNick Pagenthttps://autosportsgroup.com.au

Autosports Group Limited, together with its subsidiaries, engages in the motor vehicle retailing business in Australia. It sells new and used motor vehicles, aftermarket products, and spare parts; distributes finance and insurance products; and provides motor vehicle servicing and collision repair services. As of June 30, 2021, it operates 43 franchised dealerships; 3 used motor vehicle outlets; and 6 motor vehicle collision repair facilities.

Autosports Group Fundamentals Summary

How do Autosports Group's earnings and revenue compare to its market cap?
ASG fundamental statistics
Market CapAU$477.56m
Earnings (TTM)AU$41.93m
Revenue (TTM)AU$1.98b

11.4x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ASG income statement (TTM)
RevenueAU$1.98b
Cost of RevenueAU$1.64b
Gross ProfitAU$338.32m
ExpensesAU$296.39m
EarningsAU$41.93m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.21
Gross Margin17.10%
Net Profit Margin2.12%
Debt/Equity Ratio86.7%

How did ASG perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

43%

Payout Ratio

Does ASG pay a reliable dividends?

See ASG dividend history and benchmarks
When do you need to buy ASG by to receive an upcoming dividend?
Autosports Group dividend dates
Ex Dividend DateOct 29 2021
Dividend Pay DateNov 15 2021
Days until Ex dividend4 days
Days until Dividend pay date21 days

Does ASG pay a reliable dividends?

See ASG dividend history and benchmarks

Valuation

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

11.39x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ASG (A$2.37) is trading above our estimate of fair value (A$1.69)

Significantly Below Fair Value: ASG is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ASG's PE Ratio (11.4x) is in line with the Australian Specialty Retail industry average.

PE vs Market: ASG is good value based on its PE Ratio (11.4x) compared to the Australian market (19.9x).


Price to Earnings Growth Ratio

PEG Ratio: ASG's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: ASG is good value based on its PB Ratio (1.1x) compared to the AU Specialty Retail industry average (3.9x).


Future Growth

How is Autosports Group forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

-0.07%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ASG's earnings are forecast to decline over the next 3 years (-0.07% per year).

Earnings vs Market: ASG's earnings are forecast to decline over the next 3 years (-0.07% per year).

High Growth Earnings: ASG's earnings are forecast to decline over the next 3 years.

Revenue vs Market: ASG's revenue (4.8% per year) is forecast to grow slower than the Australian market (5.5% per year).

High Growth Revenue: ASG's revenue (4.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ASG's Return on Equity is forecast to be low in 3 years time (9.9%).


Past Performance

How has Autosports Group performed over the past 5 years?

-38.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ASG has high quality earnings.

Growing Profit Margin: ASG became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: ASG has become profitable over the past 5 years, growing earnings by -38.6% per year.

Accelerating Growth: ASG has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ASG has become profitable in the last year, making it difficult to compare its past year earnings growth to the Specialty Retail industry (91.8%).


Return on Equity

High ROE: ASG's Return on Equity (10%) is considered low.


Financial Health

How is Autosports Group's financial position?


Financial Position Analysis

Short Term Liabilities: ASG's short term assets (A$430.2M) do not cover its short term liabilities (A$492.2M).

Long Term Liabilities: ASG's short term assets (A$430.2M) exceed its long term liabilities (A$293.5M).


Debt to Equity History and Analysis

Debt Level: ASG's debt to equity ratio (86.7%) is considered high.

Reducing Debt: ASG's debt to equity ratio has reduced from 828.7% to 86.7% over the past 5 years.

Debt Coverage: ASG's debt is well covered by operating cash flow (34.4%).

Interest Coverage: ASG's interest payments on its debt are well covered by EBIT (4.6x coverage).


Balance Sheet


Dividend

What is Autosports Group current dividend yield, its reliability and sustainability?

3.80%

Current Dividend Yield


Upcoming Dividend Payment

TodayOct 24 2021Ex Dividend DateOct 29 2021Dividend Pay DateNov 15 202117 days from Ex DividendBuy in the next 4 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: ASG's dividend (3.8%) is higher than the bottom 25% of dividend payers in the Australian market (2.23%).

High Dividend: ASG's dividend (3.8%) is low compared to the top 25% of dividend payers in the Australian market (5.3%).


Stability and Growth of Payments

Stable Dividend: ASG has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: ASG's dividend payments have increased, but the company has only paid a dividend for 4 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (43.1%), ASG's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: ASG's dividends in 3 years are forecast to be well covered by earnings (49.6% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.2yrs

Average management tenure


CEO

Nick Pagent

5.17yrs

Tenure

AU$1,447,016

Compensation

Mr. Nicholas Ian Pagent, also known as Nick, has served as Managing Director, Chief Executive Officer and Director at Autosports Group Limited since August 29, 2016. Mr. Pagent is Co-Owner of NIP Parramatt...


CEO Compensation Analysis

Compensation vs Market: Nick's total compensation ($USD1.08M) is above average for companies of similar size in the Australian market ($USD715.89K).

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


Leadership Team

Experienced Management: ASG's management team is seasoned and experienced (5.2 years average tenure).


Board Members

Experienced Board: ASG's board of directors are considered experienced (5.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ASG 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

Autosports Group Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Autosports Group Limited
  • Ticker: ASG
  • Exchange: ASX
  • Founded: 2006
  • Industry: Automotive Retail
  • Sector: Retail
  • Market Cap: AU$477.563m
  • Shares outstanding: 201.50m
  • Website: https://autosportsgroup.com.au

Number of Employees


Location

  • Autosports Group Limited
  • 565 Parramatta Road
  • Leichhardt
  • New South Wales
  • 2040
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/24 07:02
End of Day Share Price2021/10/22 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.