ASX:ASG

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Autosports Group

Executive Summary

Autosports Group Limited, together with its subsidiaries, operates in the retail automotive industry in Australia. More Details

Rewards

Earnings are forecast to grow 94.69% per year

Risk Analysis

No risks detected for ASG from our risk checks.


Snowflake Analysis

Reasonable growth potential with mediocre balance sheet.


Similar Companies

Share Price & News

How has Autosports Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ASG has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.3%

ASG

-3.6%

AU Specialty Retail

-2.4%

AU Market


1 Year Return

-8.1%

ASG

11.9%

AU Specialty Retail

-8.3%

AU Market

Return vs Industry: ASG underperformed the Australian Specialty Retail industry which returned 11.9% over the past year.

Return vs Market: ASG matched the Australian Market which returned -8.3% over the past year.


Shareholder returns

ASGIndustryMarket
7 Day0.3%-3.6%-2.4%
30 Day12.5%8.5%1.8%
90 Day13.8%24.8%1.7%
1 Year-8.1%-8.1%15.7%11.9%-5.0%-8.3%
3 Year-28.0%-34.5%84.1%61.4%14.6%-0.08%
5 Yearn/a93.5%54.0%41.6%12.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

0.79x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: ASG (A$1.48) is trading above our estimate of fair value (A$0.73)

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


Price To Earnings Ratio

PE vs Industry: ASG is unprofitable, so we can't compare its PE Ratio to the AU Specialty Retail industry average.

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ASG is good value based on its PB Ratio (0.8x) compared to the AU Specialty Retail industry average (2.6x).


Next Steps

Future Growth

How is Autosports Group forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

94.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ASG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.3%).

Earnings vs Market: ASG is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ASG's is expected to become profitable in the next 3 years.

Revenue vs Market: ASG's revenue (8% per year) is forecast to grow faster than the Australian market (4.6% per year).

High Growth Revenue: ASG's revenue (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 (7.7%).


Next Steps

Past Performance

How has Autosports Group performed over the past 5 years?

-54.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ASG is currently unprofitable.

Growing Profit Margin: ASG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ASG is unprofitable, and losses have increased over the past 5 years at a rate of 54.7% per year.

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

Earnings vs Industry: ASG is unprofitable, making it difficult to compare its past year earnings growth to the Specialty Retail industry (-3.9%).


Return on Equity

High ROE: ASG has a negative Return on Equity (-26.83%), as it is currently unprofitable.


Next Steps

Financial Health

How is Autosports Group's financial position?


Financial Position Analysis

Short Term Liabilities: ASG's short term assets (A$479.6M) do not cover its short term liabilities (A$576.3M).

Long Term Liabilities: ASG's short term assets (A$479.6M) exceed its long term liabilities (A$227.4M).


Debt to Equity History and Analysis

Debt Level: ASG's debt to equity ratio (122.2%) is considered high.

Reducing Debt: Insufficient data to determine if ASG's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable ASG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: ASG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 13.6% per year.


Next Steps

Dividend

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

4.76%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if ASG's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: ASG is not paying a notable dividend for the Australian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ASG'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?

4.2yrs

Average management tenure


CEO

Nick Pagent

4.17yrs

Tenure

AU$615,566

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 ($USD434.81K) is about average for companies of similar size in the Australian market ($USD523.49K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Nicholas Pagent
CEO, MD & Director4.17yrsAU$615.57k0.10%
A$ 302.1k
Aaron Murray
Chief Financial Officer11.75yrsAU$430.59k0.85%
A$ 2.5m
James Pagent
Executive Director4.17yrsAU$437.31k20.2%
A$ 58.9m
Caroline Raw
Company Secretary & General Counsel2.58yrsno datano data

4.2yrs

Average Tenure

Experienced Management: ASG's management team is considered experienced (4.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Nicholas Pagent
CEO, MD & Director4.17yrsAU$615.57k0.10%
A$ 302.1k
James Pagent
Executive Director4.17yrsAU$437.31k20.2%
A$ 58.9m
Thomas Pockett
Independent Chairman4.17yrsAU$146.15k0.083%
A$ 241.7k
Marina Go
Independent Non-Executive Director4yrsAU$87.69k0.020%
A$ 59.2k
Robert Quant
Independent Non-Executive Director4.17yrsAU$87.69k0.031%
A$ 90.6k

4.2yrs

Average Tenure

Experienced Board: ASG's board of directors are considered experienced (4.2 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 company bio, 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$291.450m
  • Shares outstanding: 201.00m
  • Website: https://autosportsgroup.com.au

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ASGASX (Australian Securities Exchange)YesOrdinary SharesAUAUDNov 2016
ASGCHIA (Chi-X Australia)YesOrdinary SharesAUAUDNov 2016

Biography

Autosports Group Limited, together with its subsidiaries, operates in the retail automotive industry in Australia. It sells new and used motor vehicles, aftermarket products, and spare parts; distributes f ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/29 10:31
End of Day Share Price2020/10/29 00:00
Earnings2020/06/30
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.