BluGlass Limited, together with its subsidiaries, engages in the research and development of Gallium nitrides in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.041|
|52 Week High||AU$0.028|
|52 Week Low||AU$0.14|
|1 Month Change||24.24%|
|3 Month Change||46.43%|
|1 Year Change||-59.00%|
|3 Year Change||-85.36%|
|5 Year Change||-87.58%|
|Change since IPO||-86.98%|
Recent News & Updates
Is BluGlass (ASX:BLG) In A Good Position To Deliver On Growth Plans?
We can readily understand why investors are attracted to unprofitable companies. Indeed, BluGlass ( ASX:BLG ) stock is...
Is BluGlass (ASX:BLG) In A Good Position To Invest In Growth?
Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
|BLG||AU Semiconductor||AU Market|
Return vs Industry: BLG underperformed the Australian Semiconductor industry which returned 76.2% over the past year.
Return vs Market: BLG underperformed the Australian Market which returned 24.4% over the past year.
Stable Share Price: BLG is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 17% a week.
Volatility Over Time: BLG's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
BluGlass Limited, together with its subsidiaries, engages in the research and development of Gallium nitrides in Australia. The company develops and commercializes Remote Plasma Chemical Vapour Deposition, a patented low temperature technology for manufacturing semiconductor materials and producing laser diode, light emitting diode (LED), and microLED devices. It offers laser diode devices for industrial welding, biotech, and display applications.
BluGlass Fundamentals Summary
|BLG fundamental statistics|
Is BLG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BLG income statement (TTM)|
|Cost of Revenue||AU$3.07m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0063|
|Net Profit Margin||-1,732.35%|
How did BLG perform over the long term?See historical performance and comparison
Is BluGlass undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate BLG's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate BLG's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: BLG is unprofitable, so we can't compare its PE Ratio to the Global Semiconductor industry average.
PE vs Market: BLG is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BLG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BLG is good value based on its PB Ratio (5.5x) compared to the AU Semiconductor industry average (5.9x).
How is BluGlass forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Semiconductors industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as BluGlass has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has BluGlass performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BLG is currently unprofitable.
Growing Profit Margin: BLG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BLG is unprofitable, and losses have increased over the past 5 years at a rate of 19.7% per year.
Accelerating Growth: Unable to compare BLG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BLG is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (58%).
Return on Equity
High ROE: BLG has a negative Return on Equity (-83.87%), as it is currently unprofitable.
How is BluGlass's financial position?
Financial Position Analysis
Short Term Liabilities: BLG's short term assets (A$7.7M) exceed its short term liabilities (A$3.4M).
Long Term Liabilities: BLG's short term assets (A$7.7M) exceed its long term liabilities (A$2.7M).
Debt to Equity History and Analysis
Debt Level: BLG's debt to equity ratio (26%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if BLG's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: BLG has sufficient cash runway for 10 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: BLG is forecast to have sufficient cash runway for 8 months based on free cash flow estimates, but has since raised additional capital.
What is BluGlass's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BLG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BLG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BLG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BLG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BLG's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
BluGlass has no CEO, or we have no data on them.
Experienced Management: BLG's management team is considered experienced (2.8 years average tenure).
Experienced Board: BLG's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
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 been diluted in the past year, with total shares outstanding growing by 39.4%.
BluGlass Limited's employee growth, exchange listings and data sources
- Name: BluGlass Limited
- Ticker: BLG
- Exchange: ASX
- Founded: 2005
- Industry: Semiconductor Equipment
- Sector: Semiconductors
- Market Cap: AU$44.143m
- Shares outstanding: 1.00b
- Website: https://www.bluglass.com.au
Number of Employees
- BluGlass Limited
- 74 Asquith Street
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 07:01|
|End of Day Share Price||2021/10/26 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.