| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 4/6 |
| Dividends | 4/6 |
ASG Stock Overview
Autosports Group Limited, together with its subsidiaries, engages in the motor vehicle retailing business in Australia.
Autosports Group Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$1.99 |
| 52 Week High | AU$2.63 |
| 52 Week Low | AU$1.38 |
| Beta | 1.17 |
| 1 Month Change | 13.71% |
| 3 Month Change | 10.56% |
| 1 Year Change | -12.34% |
| 3 Year Change | 60.48% |
| 5 Year Change | -8.30% |
| Change since IPO | -19.43% |
Recent News & Updates
Investors Could Be Concerned With Autosports Group's (ASX:ASG) Returns On Capital
To find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is...
Shareholder Returns
| ASG | AU Specialty Retail | AU Market | |
|---|---|---|---|
| 7D | -2.9% | -0.5% | 0.8% |
| 1Y | -12.3% | -16.2% | -4.9% |
Return vs Industry: ASG exceeded the Australian Specialty Retail industry which returned -16.2% over the past year.
Return vs Market: ASG underperformed the Australian Market which returned -4.9% over the past year.
Price Volatility
| ASG volatility | |
|---|---|
| ASG Average Weekly Movement | 5.9% |
| Specialty Retail Industry Average Movement | 6.4% |
| Market Average Movement | 10.5% |
| 10% most volatile stocks in AU Market | 17.8% |
| 10% least volatile stocks in AU Market | 4.6% |
Stable Share Price: ASG is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: ASG's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2006 | n/a | Nick Pagent | https://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
| ASG fundamental statistics | |
|---|---|
| Market Cap | AU$401.60m |
| Earnings (TTM) | AU$45.95m |
| Revenue (TTM) | AU$1.99b |
8.7x
P/E Ratio0.2x
P/S RatioIs ASG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ASG income statement (TTM) | |
|---|---|
| Revenue | AU$1.99b |
| Cost of Revenue | AU$1.62b |
| Gross Profit | AU$362.09m |
| Other Expenses | AU$316.14m |
| Earnings | AU$45.95m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Aug 24, 2022
| Earnings per share (EPS) | 0.23 |
| Gross Margin | 18.24% |
| Net Profit Margin | 2.31% |
| Debt/Equity Ratio | 79.1% |
How did ASG perform over the long term?
See historical performance and comparisonDividends
7.0%
Current Dividend Yield61%
Payout RatioValuation
Is ASG undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
5/6Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for ASG?
Other financial metrics that can be useful for relative valuation.
| What is ASG's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | AU$401.60m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.5x |
| Enterprise Value/EBITDA | 10.4x |
| PEG Ratio | -1.5x |
Price to Earnings Ratio vs Peers
How does ASG's PE Ratio compare to its peers?
| ASG PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 9.2x | ||
PWR Peter Warren Automotive Holdings | 11x | -3.8% | AU$442.9m |
MTO MotorCycle Holdings | 6.3x | -5.2% | AU$148.1m |
APE Eagers Automotive | 10.5x | -11.1% | AU$3.4b |
MHJ Michael Hill International | 9.2x | 4.3% | AU$411.6m |
ASG Autosports Group | 8.7x | -6.0% | AU$401.6m |
Price-To-Earnings vs Peers: ASG is good value based on its Price-To-Earnings Ratio (8.7x) compared to the peer average (9.2x).
Price to Earnings Ratio vs Industry
How does ASG's PE Ratio compare vs other companies in the AU Specialty Retail Industry?
Price-To-Earnings vs Industry: ASG is good value based on its Price-To-Earnings Ratio (8.7x) compared to the Australian Specialty Retail industry average (10.4x)
Price to Earnings Ratio vs Fair Ratio
What is ASG's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 8.7x |
| Fair PE Ratio | 9.5x |
Price-To-Earnings vs Fair Ratio: ASG is good value based on its Price-To-Earnings Ratio (8.7x) compared to the estimated Fair Price-To-Earnings Ratio (9.5x).
Share Price vs Fair Value
What is the Fair Price of ASG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: ASG (A$1.99) is trading below our estimate of fair value (A$2.44)
Significantly Below Fair Value: ASG is trading below fair value, but not by a significant amount.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.
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Future Growth
How is Autosports Group forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
-6.0%
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 (-6% per year).
Earnings vs Market: ASG's earnings are forecast to decline over the next 3 years (-6% per year).
High Growth Earnings: ASG's earnings are forecast to decline over the next 3 years.
Revenue vs Market: ASG's revenue (1.9% per year) is forecast to grow slower than the Australian market (5% per year).
High Growth Revenue: ASG's revenue (1.9% 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 (11.1%).
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Past Performance
How has Autosports Group performed over the past 5 years?
Past Performance Score
3/6Past Performance Score 3/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-7.1%
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 -7.1% 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 (21.4%).
Return on Equity
High ROE: ASG's Return on Equity (10.9%) is considered low.
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Financial Health
How is Autosports Group's financial position?
Financial Health Score
4/6Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: ASG's short term assets (A$363.3M) do not cover its short term liabilities (A$451.5M).
Long Term Liabilities: ASG's short term assets (A$363.3M) exceed its long term liabilities (A$302.0M).
Debt to Equity History and Analysis
Debt Level: ASG's net debt to equity ratio (62.6%) is considered high.
Reducing Debt: ASG's debt to equity ratio has reduced from 94.6% to 79.1% over the past 5 years.
Debt Coverage: ASG's debt is well covered by operating cash flow (35.2%).
Interest Coverage: ASG's interest payments on its debt are well covered by EBIT (5.3x coverage).
Balance Sheet
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Dividend
What is Autosports Group current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend Score 4/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
7.03%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ASG's dividend (7.04%) is higher than the bottom 25% of dividend payers in the Australian market (2.63%).
High Dividend: ASG's dividend (7.04%) is in the top 25% of dividend payers in the Australian market (6.42%)
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 5 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.2%), ASG's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (48.4%), ASG's dividend payments are well covered by cash flows.
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Management
How experienced are the management team and are they aligned to shareholders interests?
6.0yrs
Average management tenure
CEO
Nick Pagent
6yrs
Tenure
AU$1,447,016
Compensation
Mr. Nicholas Ian Pagent, also known as Nick, has served as Managing Director, Chief Executive Officer and Executive Director at Autosports Group Limited since August 29, 2016. Mr. Pagent is Co-Owner of NIP...
CEO Compensation Analysis
Compensation vs Market: Nick's total compensation ($USD1.01M) is above average for companies of similar size in the Australian market ($USD551.34K).
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 (6 years average tenure).
Board Members
Experienced Board: ASG's board of directors are considered experienced (6 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
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
- Implied Market Cap: AU$401.598m
- Shares outstanding: 201.81m
- 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/19 00:00 |
| End of Day Share Price | 2022/08/19 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/06/30 |
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.