Executive Summary
Vita Group Limited markets and sells information and communications technology (ICT) products in Australia. More Details
Rewards
Risk Analysis
Snowflake Analysis
Undervalued with excellent balance sheet and pays a dividend.
Share Price & News
How has Vita Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VTG is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: VTG's weekly volatility (9%) has been stable over the past year.
Market Performance
7 Day Return
-4.1%
VTG
-0.05%
AU Specialty Retail
0.3%
AU Market
1 Year Return
-34.9%
VTG
44.1%
AU Specialty Retail
12.5%
AU Market
Return vs Industry: VTG underperformed the Australian Specialty Retail industry which returned 41% over the past year.
Return vs Market: VTG underperformed the Australian Market which returned 9.7% over the past year.
Shareholder returns
| VTG | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.1% | -0.05% | 0.3% |
| 30 Day | -11.9% | 0.9% | 2.2% |
| 90 Day | -11.1% | 7.7% | 4.0% |
| 1 Year | -33.4%-34.9% | 50.1%44.1% | 16.1%12.5% |
| 3 Year | -27.5%-38.3% | 85.5%62.6% | 31.1%15.1% |
| 5 Year | -61.6%-70.6% | 101.7%60.3% | 62.5%31.3% |
Long-Term Price Volatility Vs. Market
How volatile is Vita Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Vita Group Limited (ASX:VTG) Analysts Just Trimmed Their Revenue Forecasts By 15%2 weeks ago | Simply Wall St
Is Vita Group Limited (ASX:VTG) A Smart Choice For Dividend Investors?1 month ago | Simply Wall St
Would Shareholders Who Purchased Vita Group's (ASX:VTG) Stock Five Years Be Happy With The Share price Today?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$0.96) is trading below our estimate of fair value (A$2.72)
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 (6x) compared to the AU Specialty Retail industry average (14.8x).
PE vs Market: VTG is good value based on its PE Ratio (6x) compared to the Australian market (20x).
Price to Earnings Growth Ratio
PEG Ratio: VTG is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: VTG is good value based on its PB Ratio (1.1x) compared to the AU Specialty Retail industry average (3x).
Next Steps
Future Growth
How is Vita Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
3.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VTG's forecast earnings growth (3.4% per year) is above the savings rate (2%).
Earnings vs Market: VTG's earnings (3.4% per year) are forecast to grow slower than the Australian market (15.7% per year).
High Growth Earnings: VTG's earnings are forecast to grow, but not significantly.
Revenue vs Market: VTG's revenue (6.8% per year) is forecast to grow faster than the Australian market (5.5% per year).
High Growth Revenue: VTG's revenue (6.8% 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 (17.1%).
Next Steps
Past Performance
How has Vita Group performed over the past 5 years?
-11.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VTG has high quality earnings.
Growing Profit Margin: VTG's current net profit margins (3.9%) are higher than last year (3.1%).
Past Earnings Growth Analysis
Earnings Trend: VTG's earnings have declined by 11.4% per year over the past 5 years.
Accelerating Growth: VTG's earnings growth over the past year (6.3%) exceeds its 5-year average (-11.4% per year).
Earnings vs Industry: VTG earnings growth over the past year (6.3%) underperformed the Specialty Retail industry 35.5%.
Return on Equity
High ROE: VTG's Return on Equity (18.6%) is considered low.
Next Steps
Financial Health
How is Vita Group's financial position?
Financial Position Analysis
Short Term Liabilities: VTG's short term assets (A$87.3M) do not cover its short term liabilities (A$96.6M).
Long Term Liabilities: VTG's short term assets (A$87.3M) exceed its long term liabilities (A$42.5M).
Debt to Equity History and Analysis
Debt Level: VTG's debt to equity ratio (7.8%) is considered satisfactory.
Reducing Debt: VTG's debt to equity ratio has reduced from 12% to 7.8% over the past 5 years.
Debt Coverage: VTG's debt is well covered by operating cash flow (372.4%).
Interest Coverage: VTG's interest payments on its debt are well covered by EBIT (15.2x coverage).
Balance Sheet
Next Steps
Dividend
What is Vita Group current dividend yield, its reliability and sustainability?
12.11%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: VTG's dividend (11.73%) is higher than the bottom 25% of dividend payers in the Australian market (2.11%).
High Dividend: VTG's dividend (11.73%) is in the top 25% of dividend payers in the Australian market (5.43%)
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%), 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 well covered by earnings (46.9% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.4yrs
Average management tenure
CEO
Maxine Horne
8.17yrs
Tenure
AU$1,468,207
Compensation
Ms. Maxine Joan Horne co-founded Vita Group Limited (formerly known as Fone Zone Group Limited) in 1995 and serves as its Chief Executive Officer since January 30, 2013. Ms. Horne serves as Managing Direct...
CEO Compensation Analysis
Compensation vs Market: Maxine's total compensation ($USD1.15M) is above average for companies of similar size in the Australian market ($USD295.26K).
Compensation vs Earnings: Maxine's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 8.17yrs | AU$1.47m | 18.02% A$ 28.3m | |
| Chief Operating Officer | no data | AU$1.27m | 0.067% A$ 105.0k | |
| Chief People Officer | 9.58yrs | AU$654.04k | no data | |
| Chief Financial Officer | 0.33yr | no data | no data | |
| Chief Technology Officer | 0.33yr | no data | no data | |
| Company Secretary and Chief Legal & Risk Officer | 2.5yrs | no data | no data | |
| Chief Strategy & Communications Officer | 0.33yr | no data | no data |
1.4yrs
Average Tenure
Experienced Management: VTG's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 8.17yrs | AU$1.47m | 18.02% A$ 28.3m | |
| Independent Non-Executive Chairman | 12.33yrs | AU$189.33k | 0.073% A$ 115.1k | |
| Independent Non-Executive Director | 6.83yrs | AU$93.89k | 0.045% A$ 70.1k | |
| Independent Non-Executive Director | 2.17yrs | AU$93.89k | 0.016% A$ 24.4k | |
| Independent Non-Executive Director | 13.75yrs | AU$93.89k | 0.16% A$ 255.0k |
9.6yrs
Average Tenure
Experienced Board: VTG's board of directors are considered experienced (9.6 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
Vita Group Limited's company bio, 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
- Market Cap: AU$157.247m
- Shares outstanding: 164.66m
- Website: https://www.vitagroup.com.au
Number of Employees
Location
- Vita Group Limited
- Vita Place
- Ground Floor
- Albion
- Queensland
- 4010
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| VTG | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Nov 2005 |
| VTG | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Nov 2005 |
Biography
Vita Group Limited markets and sells information and communications technology (ICT) products in Australia. The company operates in two segments, ICT, and Skin-Health and Wellness. It sells mobile phones a...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/04 07:03 |
| End of Day Share Price | 2021/03/04 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/06/30 |
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.