Accent Group (ASX:AX1) - Stock Price, News & Analysis

AX1 Stock Overview

Engages in the retail, distribution, and franchise of lifestyle footwear, apparel, and accessories in Australia and New Zealand.

About the company

AX1 fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	4/6
Past Performance	2/6
Financial Health	4/6
Dividends	3/6

Rewards

Trading at 51.5% below our estimate of its fair value

Earnings are forecast to grow 14.35% per year

Risk Analysis

Profit margins (4.1%) are lower than last year (6.2%)

Dividend of 6.13% is not well covered by earnings

Accent Group Limited Competitors

Universal Store Holdings

ASX:UNI

AU$527.8m

Step One Clothing

ASX:STP

AU$332.1m

Premier Investments

ASX:PMV

AU$5.6b

Cettire

ASX:CTT

AU$596.8m

Price History & Performance

Summary of all time highs, changes and price drops for Accent Group
Historical stock prices
Current Share Price	AU$2.12
52 Week High	AU$2.44
52 Week Low	AU$1.70
Beta	1.79
11 Month Change	-4.93%
3 Month Change	13.07%
1 Year Change	0%
33 Year Change	-3.64%
5 Year Change	30.06%
Change since IPO	271.93%

Investors Met With Slowing Returns on Capital At Accent Group (ASX:AX1)

Aug 22

Here's What To Make Of Accent Group's (ASX:AX1) Decelerating Rates Of Return

Apr 17

At AU$2.02, Is It Time To Put Accent Group Limited (ASX:AX1) On Your Watch List?

Feb 29

Recent updates

Investors Met With Slowing Returns on Capital At Accent Group (ASX:AX1)

Aug 22

Here's What To Make Of Accent Group's (ASX:AX1) Decelerating Rates Of Return

Apr 17

At AU$2.02, Is It Time To Put Accent Group Limited (ASX:AX1) On Your Watch List?

Feb 29

Returns At Accent Group (ASX:AX1) Appear To Be Weighed Down

Nov 21

Shareholders May Be More Conservative With Accent Group Limited's (ASX:AX1) CEO Compensation For Now

Nov 10

Accent Group's (ASX:AX1) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 28

Shareholders May Not Be So Generous With Accent Group Limited's (ASX:AX1) CEO Compensation And Here's Why

Nov 12

Is Accent Group Limited (ASX:AX1) Potentially Undervalued?

Sep 19

Revenue Beat: Accent Group Limited Exceeded Revenue Forecasts By 7.9% And Analysts Are Updating Their Estimates

Aug 22

Accent Group (ASX:AX1) Is Paying Out Less In Dividends Than Last Year

Aug 20

I Ran A Stock Scan For Earnings Growth And Accent Group (ASX:AX1) Passed With Ease

Jul 30

Accent Group's (ASX:AX1) Returns On Capital Are Heading Higher

Jul 13

Is Accent Group Limited (ASX:AX1) Potentially Undervalued?

Jun 12

Accent Group Limited (ASX:AX1) Shares Could Be 46% Below Their Intrinsic Value Estimate

Apr 30

Do Accent Group's (ASX:AX1) Earnings Warrant Your Attention?

Apr 19

Returns Are Gaining Momentum At Accent Group (ASX:AX1)

Apr 07

Is Accent Group (ASX:AX1) Using Too Much Debt?

Mar 15

There's A Lot To Like About Accent Group's (ASX:AX1) Upcoming AU$0.08 Dividend

Mar 05

How Much Of Accent Group Limited (ASX:AX1) Do Insiders Own?

Feb 28

Is Accent Group Limited's (ASX:AX1) Recent Stock Performance Influenced By Its Fundamentals In Any Way?

Feb 19

Should You Investigate Accent Group Limited (ASX:RCG) At AU$2.36?

Feb 08

Shareholders Of Accent Group (ASX:AX1) Must Be Happy With Their 206% Total Return

Jan 28

We Think Accent Group's (ASX:AX1) Statutory Profit Might Understate Its Earnings Potential

Jan 17

Is Accent Group Limited (ASX:AX1) A Smart Choice For Dividend Investors?

Jan 07

What Can The Trends At Accent Group (ASX:AX1) Tell Us About Their Returns?

Dec 27

A Quick Analysis On Accent Group's (ASX:AX1) CEO Salary

Dec 17

Shareholder Returns

	AX1	AU Specialty Retail	AU Market
7D	-4.9%	2.3%	0.7%
1Y	0%	29.7%	12.0%

Return vs Industry: AX1 underperformed the Australian Specialty Retail industry which returned 29.7% over the past year.

Return vs Market: AX1 underperformed the Australian Market which returned 12% over the past year.

Price Volatility

Is AX1's price volatile compared to industry and market?
AX1 volatility
AX1 Average Weekly Movement	6.6%
Specialty Retail Industry Average Movement	6.4%
Market Average Movement	8.2%
10% most volatile stocks in AU Market	17.1%
10% least volatile stocks in AU Market	3.5%

Stable Share Price: AX1 has not had significant price volatility in the past 3 months.

Volatility Over Time: AX1's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1988	8,700	Daniel Agostinelli	www.accentgr.com.au

Accent Group Limited engages in the retail, distribution, and franchise of lifestyle footwear, apparel, and accessories in Australia and New Zealand. The company’s brands and banners include The Athlete’s Foot, Platypus Shoes, Hype DC, Skechers, Merrell, CAT, Vans, Dr. Martens, Saucony, Timberland, HOKA, Superga, Subtype, The Trybe, Stylerunner, Nude Lucy, Glue Store, UGG, and other various brands. The company was formerly known as RCG Corporation Limited and changed its name to Accent Group Limited in November 2017.

Accent Group Limited Fundamentals Summary

How do Accent Group's earnings and revenue compare to its market cap?
AX1 fundamental statistics
Market cap	AU$1.19b
Earnings (TTM)	AU$59.53m
Revenue (TTM)	AU$1.45b

20.1x

P/E Ratio

0.8x

P/S Ratio

Is AX1 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AX1 income statement (TTM)
Revenue	AU$1.45b
Cost of Revenue	AU$634.75m
Gross Profit	AU$819.60m
Other Expenses	AU$760.07m
Earnings	AU$59.53m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.11
Gross Margin	56.35%
Net Profit Margin	4.09%
Debt/Equity Ratio	35.9%

How did AX1 perform over the long term?

See historical performance and comparison

Dividends

6.1%

Current Dividend Yield

123%

Payout Ratio

Does AX1 pay a reliable dividends?

See AX1 dividend history and benchmarks

When do you need to buy AX1 by to receive an upcoming dividend?
Accent Group dividend dates
Ex Dividend Date	Sep 11 2024
Dividend Pay Date	Sep 26 2024
Days until Ex dividend	15 days
Days until Dividend pay date	30 days

Does AX1 pay a reliable dividends?

See AX1 dividend history and benchmarks

AX1 Stock Overview

Rewards

Risk Analysis

Accent Group Limited Competitors

ASX:UNI

AU$527.8m

ASX:STP

AU$332.1m

ASX:PMV

AU$5.6b

ASX:CTT

AU$596.8m

Price History & Performance

Recent News & Updates

Final dividend of AU$0.045 announced

Full year 2024 earnings: EPS misses analyst expectations

Investors Met With Slowing Returns on Capital At Accent Group (ASX:AX1)

Accent Group Limited Appoints James Anderson as Its New Permanent Chief Information Officer on June 18, 2024

Here's What To Make Of Accent Group's (ASX:AX1) Decelerating Rates Of Return

At AU$2.02, Is It Time To Put Accent Group Limited (ASX:AX1) On Your Watch List?

Recent updates

Final dividend of AU$0.045 announced

Full year 2024 earnings: EPS misses analyst expectations

Investors Met With Slowing Returns on Capital At Accent Group (ASX:AX1)

Accent Group Limited Appoints James Anderson as Its New Permanent Chief Information Officer on June 18, 2024

Here's What To Make Of Accent Group's (ASX:AX1) Decelerating Rates Of Return

At AU$2.02, Is It Time To Put Accent Group Limited (ASX:AX1) On Your Watch List?

Upcoming dividend of AU$0.085 per share

First half 2024 earnings released

First half dividend of AU$0.085 announced

Accent Group Limited to Report First Half, 2024 Results on Feb 23, 2024

High number of new directors

Independent Non-Executive Director recently bought AU$726k worth of stock

Consensus EPS estimates fall by 12%

Investor sentiment deteriorates as stock falls 16%

Returns At Accent Group (ASX:AX1) Appear To Be Weighed Down

Accent Group Limited Announces Board Changes

Shareholders May Be More Conservative With Accent Group Limited's (ASX:AX1) CEO Compensation For Now

Accent Group Limited Announces Retirement of Stephen Goddard as Non-Executive Director, Effective 17 November 2023

Accent Group Limited, Annual General Meeting, Nov 17, 2023

Upcoming dividend of AU$0.055 per share at 8.6% yield

Price target increased by 7.3% to AU$2.15

Accent Group's (ASX:AX1) Shareholders Will Receive A Bigger Dividend Than Last Year

Does Accent Group (ASX:AX1) Have A Healthy Balance Sheet?

Full year 2023 earnings released: EPS: AU$0.16 (vs AU$0.058 in FY 2022)

Accent Group Limited Announces Ordinary Fully Franked Dividend for the Six Months Ended July 2, 2023, Payable on September 28, 2023

Accent Group Limited Announces Board Changes

Accent Group Limited to Report Fiscal Year 2023 Results on Aug 24, 2023

Price target decreased by 7.8% to AU$2.05

Investor sentiment deteriorates as stock falls 21%

Is It Too Late To Consider Buying Accent Group Limited (ASX:AX1)?

Accent Group (ASX:AX1) Seems To Use Debt Quite Sensibly

Price target increased by 7.0% to AU$2.39

Group CEO recently sold AU$580k worth of stock

Consensus EPS estimates increase by 10%

First half 2023 earnings released: EPS: AU$0.11 (vs AU$0.027 in 1H 2022)

Investor sentiment improves as stock rises 15%

Consensus EPS estimates increase by 11%

Price target increased by 8.4% to AU$2.17

Accent Group Limited to Report First Half, 2023 Results on Feb 23, 2023

Accent Group (ASX:AX1) Will Be Hoping To Turn Its Returns On Capital Around

Accent Group (ASX:AX1) Has A Somewhat Strained Balance Sheet

Returns On Capital Signal Tricky Times Ahead For Accent Group (ASX:AX1)

Upcoming dividend of AU$0.04 per share

Accent Group (ASX:AX1) Is Paying Out A Larger Dividend Than Last Year

Full year 2022 earnings released: EPS: AU$0.058 (vs AU$0.14 in FY 2021)

Price target increased to AU$1.88

Accent Group Limited Announces Final Dividend, Payable on September 15, 2022

Accent Group Limited to Report Fiscal Year 2022 Results on Aug 18, 2022

Price target decreased to AU$1.95

Price target decreased to AU$2.16

Non-Executive Director recently bought AU$5.1m worth of stock

Accent Group Limited, Annual General Meeting, Sep 11, 2022

Accent Group Limited Closes 4 Stores During First Half Ended 26 December 2021

Accent Group Limited and Accent Housing Limited Announce Board Changes

Price target decreased to AU$2.67

Consensus EPS estimates fall by 17%

Accent Group Limited Provides EBIT Guidance for the First Half Ended December 26, 2021

Accent Group's (ASX:AX1) Returns Have Hit A Wall

Price target increased to AU$2.84