Accent Group Limited engages in the retail, distribution, and franchise of lifestyle footwear, apparel, and accessories in Australia and New Zealand. More Details
Adequate balance sheet average dividend payer.
Share Price & News
How has Accent Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
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.
7 Day Return
AU Specialty Retail
1 Year Return
AU Specialty Retail
Return vs Industry: AX1 exceeded the Australian Specialty Retail industry which returned 16.9% over the past year.
Return vs Market: AX1 exceeded the Australian Market which returned -0.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Accent Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
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) is trading below our estimate of fair value (A$3.87)
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 (19.6x) compared to the AU Specialty Retail industry average (17.8x).
PE vs Market: AX1 is good value based on its PE Ratio (19.6x) compared to the Australian market (22.8x).
Price to Earnings Growth Ratio
PEG Ratio: AX1 is poor value based on its PEG Ratio (1.9x)
Price to Book Ratio
PB vs Industry: AX1's PB Ratio (2.7x) is in line with the AU Specialty Retail industry average.
How is Accent Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AX1's forecast earnings growth (10.2% per year) is above the savings rate (2.3%).
Earnings vs Market: AX1's earnings (10.2% per year) are forecast to grow slower than the Australian market (17.8% per year).
High Growth Earnings: AX1's earnings are forecast to grow, but not significantly.
Revenue vs Market: AX1's revenue (8.2% per year) is forecast to grow faster than the Australian market (5.1% per year).
High Growth Revenue: AX1's revenue (8.2% 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 low in 3 years time (16.9%).
How has Accent Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AX1 has high quality earnings.
Growing Profit Margin: AX1's current net profit margins (6.7%) are lower than last year (6.8%).
Past Earnings Growth Analysis
Earnings Trend: AX1's earnings have grown significantly by 22.8% per year over the past 5 years.
Accelerating Growth: AX1's earnings growth over the past year (3.4%) is below its 5-year average (22.8% per year).
Earnings vs Industry: AX1 earnings growth over the past year (3.4%) exceeded the Specialty Retail industry -0.04%.
Return on Equity
High ROE: AX1's Return on Equity (13.6%) is considered low.
How is Accent Group's financial position?
Financial Position Analysis
Short Term Liabilities: AX1's short term assets (A$230.6M) do not cover its short term liabilities (A$234.6M).
Long Term Liabilities: AX1's short term assets (A$230.6M) do not cover its long term liabilities (A$312.4M).
Debt to Equity History and Analysis
Debt Level: AX1's debt to equity ratio (21%) is considered satisfactory.
Reducing Debt: AX1's debt to equity ratio has reduced from 35.4% to 21% over the past 5 years.
Debt Coverage: AX1's debt is well covered by operating cash flow (193.5%).
Interest Coverage: AX1's interest payments on its debt are well covered by EBIT (6.2x coverage).
What is Accent Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AX1's dividend (4.58%) is higher than the bottom 25% of dividend payers in the Australian market (2.08%).
High Dividend: AX1's dividend (4.58%) is low compared to the top 25% of dividend payers in the Australian market (5.05%).
Stability and Growth of Payments
Stable Dividend: AX1's dividend payments have been volatile in the past 10 years.
Growing Dividend: AX1's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (89.7%), AX1's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AX1's dividends in 3 years are forecast to be covered by earnings (76.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Daniel John Agostinelli has been Chief Executive Officer of Accent Group Limited (formerly, RCG Corporation Limited) since March 31, 2018 and oversees its day to day operations. Mr. Agostinelli served ...
CEO Compensation Analysis
Compensation vs Market: Daniel's total compensation ($USD2.37M) is above average for companies of similar size in the Australian market ($USD936.18K).
Compensation vs Earnings: Daniel's compensation has been consistent with company performance over the past year.
|Group CEO & Executive Director||2.67yrs||AU$3.22m||3.3% |
|Co-Founder & Non-Executive Director||5.5yrs||AU$99.38k||1.8% |
|Independent Non-Executive Chairman||3yrs||AU$253.13k||0.48% |
|Independent Non-Executive Director||3yrs||AU$108.84k||0.0092% |
|Independent Non-Executive Director||3yrs||AU$101.25k||0.0092% |
|Independent Non-Executive Director||1yr||AU$59.58k||0.00057% |
Experienced Board: AX1's board of directors are considered experienced (3 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 company bio, employee growth, exchange listings and data sources
- Name: Accent Group Limited
- Ticker: AX1
- Exchange: CHIA
- Founded: 1981
- Industry: Apparel Retail
- Sector: Retail
- Market Cap: AU$1.092b
- Shares outstanding: 540.82m
- Website: https://www.accentgr.com.au
Number of Employees
- Accent Group Limited
- 2/64 Balmain Street
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AX1||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Jul 2004|
|AX1||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Jul 2004|
|RJD||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jul 2004|
Accent Group Limited engages in the retail, distribution, and franchise of lifestyle footwear, apparel, and accessories in Australia and New Zealand. Its brands include The Athlete’s Foot, Platypus Shoes, ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/26 07:30|
|End of Day Share Price||2020/11/25 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.