AX1 Stock Overview
Accent Group Limited engages in the retail, distribution, and franchise of lifestyle footwear, apparel, and accessories in Australia and New Zealand.
Accent Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$2.49|
|52 Week High||AU$3.08|
|52 Week Low||AU$2.03|
|1 Month Change||0.81%|
|3 Month Change||13.70%|
|1 Year Change||17.45%|
|3 Year Change||93.77%|
|5 Year Change||85.82%|
|Change since IPO||336.84%|
Recent News & Updates
Shareholders May Not Be So Generous With Accent Group Limited's (ASX:AX1) CEO Compensation And Here's Why
Under the guidance of CEO Daniel Agostinelli, Accent Group Limited ( ASX:AX1 ) has performed reasonably well recently...
Is Accent Group Limited (ASX:AX1) Potentially Undervalued?
While Accent Group Limited ( ASX:AX1 ) might not be the most widely known stock at the moment, it saw significant share...
Revenue Beat: Accent Group Limited Exceeded Revenue Forecasts By 7.9% And Analysts Are Updating Their Estimates
It's been a sad week for Accent Group Limited ( ASX:AX1 ), who've watched their investment drop 18% to AU$2.18 in the...
|AX1||AU Specialty Retail||AU Market|
Return vs Industry: AX1 underperformed the Australian Specialty Retail industry which returned 26.3% over the past year.
Return vs Market: AX1 exceeded the Australian Market which returned 11.7% over the past year.
|AX1 Average Weekly Movement||5.7%|
|Specialty Retail Industry Average Movement||5.1%|
|Market Average Movement||8.3%|
|10% most volatile stocks in AU Market||15.8%|
|10% least volatile stocks in AU Market||3.7%|
Stable Share Price: AX1 is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: AX1's weekly volatility (6%) has been stable over the past year.
About the Company
Accent Group Limited engages in the retail, distribution, and franchise of lifestyle footwear, apparel, and accessories in Australia and New Zealand. The company brands and banners include The Athlete’s Foot, Platypus Shoes, Hype DC, Skechers, Merrell, CAT, Vans, Dr. Martens, Saucony, Timberland, Sperry, Palladium, Stance, Supra, Subtype, The Trybe, PIVOT, Stylerunner, Glue Store, and Autry. As of June 27, 2021, it operated through 600 stores, including 26 different retail banners and distribution rights for 18 international brands.
Accent Group Fundamentals Summary
|AX1 fundamental statistics|
Is AX1 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|AX1 income statement (TTM)|
|Cost of Revenue||AU$425.08m|
Last Reported Earnings
Jun 27, 2021
Next Earnings Date
|Earnings per share (EPS)||0.14|
|Net Profit Margin||7.75%|
How did AX1 perform over the long term?See historical performance and comparison
4.5%Current Dividend Yield
Is Accent Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AX1 (A$2.49) is trading below our estimate of fair value (A$4.92)
Significantly Below Fair Value: AX1 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AX1 is poor value based on its PE Ratio (17.5x) compared to the Australian Specialty Retail industry average (10.6x).
PE vs Market: AX1 is good value based on its PE Ratio (17.5x) compared to the Australian market (18.8x).
Price to Earnings Growth Ratio
PEG Ratio: AX1 is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: AX1 is good value based on its PB Ratio (3.1x) compared to the AU Specialty Retail industry average (3.6x).
How is Accent Group forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AX1's forecast earnings growth (14.1% per year) is above the savings rate (1.9%).
Earnings vs Market: AX1's earnings (14.1% per year) are forecast to grow faster than the Australian market (11.6% per year).
High Growth Earnings: AX1's earnings are forecast to grow, but not significantly.
Revenue vs Market: AX1's revenue (9% per year) is forecast to grow faster than the Australian market (5.2% per year).
High Growth Revenue: AX1's revenue (9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AX1's Return on Equity is forecast to be high in 3 years time (22.4%)
How has Accent Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AX1 has a large one-off gain of A$31.1M impacting its June 27 2021 financial results.
Growing Profit Margin: AX1's current net profit margins (7.7%) are higher than last year (6.7%).
Past Earnings Growth Analysis
Earnings Trend: AX1's earnings have grown by 19.7% per year over the past 5 years.
Accelerating Growth: AX1's earnings growth over the past year (38.6%) exceeds its 5-year average (19.7% per year).
Earnings vs Industry: AX1 earnings growth over the past year (38.6%) underperformed the Specialty Retail industry 91.8%.
Return on Equity
High ROE: AX1's Return on Equity (17.9%) is considered low.
How is Accent Group's financial position?
Financial Position Analysis
Short Term Liabilities: AX1's short term assets (A$304.8M) do not cover its short term liabilities (A$340.2M).
Long Term Liabilities: AX1's short term assets (A$304.8M) do not cover its long term liabilities (A$343.0M).
Debt to Equity History and Analysis
Debt Level: AX1's net debt to equity ratio (15.6%) is considered satisfactory.
Reducing Debt: AX1's debt to equity ratio has increased from 17% to 23.6% over the past 5 years.
Debt Coverage: AX1's debt is well covered by operating cash flow (157.6%).
Interest Coverage: AX1's interest payments on its debt are well covered by EBIT (6.7x coverage).
What is Accent Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AX1's dividend (4.52%) is higher than the bottom 25% of dividend payers in the Australian market (2.33%).
High Dividend: AX1's dividend (4.52%) is low compared to the top 25% of dividend payers in the Australian market (5.55%).
Stability and Growth of Payments
Stable Dividend: AX1's dividends per share have been stable in the past 10 years.
Growing Dividend: AX1's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (79.2%), AX1's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AX1's dividends in 3 years are forecast to be covered by earnings (80.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Daniel John Agostinelli has been Chief Executive Officer of Accent Group Limited (formerly, RCG Corporation Limited) since March 31, 2018 and oversees its day to day operations. Mr. Agostinelli served...
CEO Compensation Analysis
Compensation vs Market: Daniel's total compensation ($USD2.72M) is above average for companies of similar size in the Australian market ($USD975.56K).
Compensation vs Earnings: Daniel's compensation has been consistent with company performance over the past year.
Experienced Management: AX1's management team is considered experienced (3.7 years average tenure).
Experienced Board: AX1's board of directors are considered experienced (4 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Accent Group Limited's employee growth, exchange listings and data sources
- Name: Accent Group Limited
- Ticker: AX1
- Exchange: ASX
- Founded: 1981
- Industry: Apparel Retail
- Sector: Retail
- Market Cap: AU$1.349b
- Shares outstanding: 541.67m
- Website: https://www.accentgr.com.au
Number of Employees
- Accent Group Limited
- 2/64 Balmain Street
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/27 07:00|
|End of Day Share Price||2021/11/26 00:00|
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.