company background image
VTG

Vita GroupASX:VTG Stock Report

Last Price

AU$0.36

Market Cap

AU$60.4m

7D

4.3%

1Y

-65.2%

Updated

17 Jan, 2022

Data

Company Financials +
VTG fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance2/6
Financial Health5/6
Dividends5/6

VTG Stock Overview

Vita Group Limited markets and sells information and communications technology (ICT) related products and services in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Vita Group
Historical stock prices
Current Share PriceAU$0.36
52 Week HighAU$1.18
52 Week LowAU$0.34
Beta1.18
1 Month Change-2.67%
3 Month Change-54.66%
1 Year Change-65.24%
3 Year Change-69.33%
5 Year Change-88.38%
Change since IPO-65.57%

Recent News & Updates

Shareholder Returns

VTGAU Specialty RetailAU Market
7D4.3%-2.2%-0.5%
1Y-65.2%8.4%10.4%

Return vs Industry: VTG underperformed the Australian Specialty Retail industry which returned 8.4% over the past year.

Return vs Market: VTG underperformed the Australian Market which returned 10.4% over the past year.

Price Volatility

Is VTG's price volatile compared to industry and market?
VTG volatility
VTG Average Weekly Movement15.5%
Specialty Retail Industry Average Movement5.2%
Market Average Movement8.4%
10% most volatile stocks in AU Market15.2%
10% least volatile stocks in AU Market3.6%

Stable Share Price: VTG is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 16% a week.

Volatility Over Time: VTG's weekly volatility has increased from 10% to 16% over the past year.

About the Company

FoundedEmployeesCEOWebsite
1995n/aPete Connorshttps://www.vitagroup.com.au

Vita Group Limited markets and sells information and communications technology (ICT) related products and services in Australia. The company operates through two segments: ICT and Skin-Health and Wellness. It sells mobile phones and connections, accessories, and other technology products; medical grade skincare treatments and products; and men's active and lifestyle apparel.

Vita Group Fundamentals Summary


Earnings & Revenue

Key profitability statistics from the latest earnings report
VTG income statement (TTM)
RevenueAU$633.53m
Cost of RevenueAU$449.35m
Gross ProfitAU$184.19m
ExpensesAU$157.85m
EarningsAU$26.34m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.16
Gross Margin29.07%
Net Profit Margin4.16%
Debt/Equity Ratio5.1%

How did VTG perform over the long term?

See historical performance and comparison

Dividends

21.9%

Current Dividend Yield

50%

Payout Ratio

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: VTG (A$0.37) is trading below our estimate of fair value (A$4.23)

Significantly Below Fair Value: VTG is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: VTG is good value based on its PE Ratio (2.3x) compared to the Australian Specialty Retail industry average (11.4x).

PE vs Market: VTG is good value based on its PE Ratio (2.3x) compared to the Australian market (19.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: VTG is good value based on its PB Ratio (0.4x) compared to the AU Specialty Retail industry average (3.6x).


Future Growth

How is Vita Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-18.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: VTG's earnings are forecast to decline over the next 3 years (-18.7% per year).

Earnings vs Market: VTG's earnings are forecast to decline over the next 3 years (-18.7% per year).

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

Revenue vs Market: VTG's revenue (5% per year) is forecast to grow faster than the Australian market (4.9% per year).

High Growth Revenue: VTG's revenue (5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: VTG's Return on Equity is forecast to be low in 3 years time (12.1%).


Past Performance

How has Vita Group performed over the past 5 years?

-11.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VTG has a large one-off gain of A$18.2M impacting its June 30 2021 financial results.

Growing Profit Margin: VTG's current net profit margins (4.2%) are higher than last year (2.9%).


Past Earnings Growth Analysis

Earnings Trend: VTG's earnings have declined by 11.1% per year over the past 5 years.

Accelerating Growth: VTG's earnings growth over the past year (17.5%) exceeds its 5-year average (-11.1% per year).

Earnings vs Industry: VTG earnings growth over the past year (17.5%) underperformed the Specialty Retail industry 91.8%.


Return on Equity

High ROE: VTG's Return on Equity (18.7%) is considered low.


Financial Health

How is Vita Group's financial position?


Financial Position Analysis

Short Term Liabilities: VTG's short term assets (A$85.5M) do not cover its short term liabilities (A$94.9M).

Long Term Liabilities: VTG's short term assets (A$85.5M) exceed its long term liabilities (A$36.3M).


Debt to Equity History and Analysis

Debt Level: VTG has more cash than its total debt.

Reducing Debt: VTG's debt to equity ratio has reduced from 18% to 5.1% over the past 5 years.

Debt Coverage: VTG's debt is well covered by operating cash flow (652.7%).

Interest Coverage: VTG's interest payments on its debt are well covered by EBIT (7.1x coverage).


Balance Sheet


Dividend

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

21.92%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: VTG's dividend (21.92%) is higher than the bottom 25% of dividend payers in the Australian market (2.18%).

High Dividend: VTG's dividend (21.92%) is in the top 25% of dividend payers in the Australian market (5.39%)


Stability and Growth of Payments

Stable Dividend: VTG's dividend payments have been volatile in the past 10 years.

Growing Dividend: VTG's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (50.1%), VTG's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: VTG's dividends in 3 years are forecast to be covered by earnings (63.5% payout ratio).


Next Steps

Management

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

1.2yrs

Average management tenure


CEO

Pete Connors

0.17

Tenure

AU$996,331

Compensation

Mr. Peter Connors, also known as Pete, serves as Chief Executive Officer of Vita Group Ltd. since November 12, 2021 and served as its Chief Operating Officer until November 12, 2021. Mr. Connors served as...


CEO Compensation Analysis

Compensation vs Market: Pete's total compensation ($USD719.84K) is above average for companies of similar size in the Australian market ($USD291.63K).

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


Leadership Team

Experienced Management: VTG's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Ownership

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


Insider Trading Volume

Insider Buying: VTG 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

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


Key Information

  • Name: Vita Group Limited
  • Ticker: VTG
  • Exchange: ASX
  • Founded: 1995
  • Industry: Computer and Electronics Retail
  • Sector: Retail
  • Implied Market Cap: AU$60.446m
  • Shares outstanding: 165.60m
  • Website: https://www.vitagroup.com.au

Number of Employees


Location

  • Vita Group Limited
  • Vita Place
  • Ground Floor
  • Albion
  • Queensland
  • 4010
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/17 16:22
End of Day Share Price2022/01/17 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.