Adacel Technologies Limited develops and sells air traffic management, air traffic control simulation and training, and software applications and services in the civil and military aerospace sectors primarily in the United States, Canada, and Australia.
Adacel Technologies Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$1.29|
|52 Week High||AU$0.64|
|52 Week Low||AU$1.44|
|1 Month Change||-5.17%|
|3 Month Change||25.98%|
|1 Year Change||87.59%|
|3 Year Change||-17.36%|
|5 Year Change||-50.39%|
|Change since IPO||11.74%|
Recent News & Updates
Adacel Technologies (ASX:ADA) Is Increasing Its Dividend To AU$0.033
The board of Adacel Technologies Limited ( ASX:ADA ) has announced that it will be increasing its dividend on the 15th...
Why Adacel Technologies Limited (ASX:ADA) Could Be Worth Watching
Adacel Technologies Limited ( ASX:ADA ), might not be a large cap stock, but it received a lot of attention from a...
|ADA||AU Software||AU Market|
Return vs Industry: ADA exceeded the Australian Software industry which returned 33.4% over the past year.
Return vs Market: ADA exceeded the Australian Market which returned 24.4% over the past year.
Stable Share Price: ADA is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: ADA's weekly volatility (11%) has been stable over the past year.
About the Company
Adacel Technologies Limited develops and sells air traffic management, air traffic control simulation and training, and software applications and services in the civil and military aerospace sectors primarily in the United States, Canada, and Australia. The company offers Aurora air traffic management system for managing procedural airspace in a surveillance environment; MaxSim air traffic simulator training system; MaxSim ATC, an air traffic control simulator and training system; and AeroDrive, an immersive training simulator to train airport drivers in a safe, risk-free, and 3-D environment; and intelligent communications environment, an aviation phraseology training tool for air traffic controllers and pilots. It also provides training and simulation systems support services for military and civilian organizations.
Adacel Technologies Fundamentals Summary
|ADA fundamental statistics|
Is ADA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ADA income statement (TTM)|
|Cost of Revenue||AU$31.37m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.096|
|Net Profit Margin||18.25%|
How did ADA perform over the long term?See historical performance and comparison
5.1%Current Dividend Yield
Is Adacel Technologies 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: ADA (A$1.29) is trading below our estimate of fair value (A$10.5)
Significantly Below Fair Value: ADA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ADA is good value based on its PE Ratio (13.4x) compared to the Australian Software industry average (45.3x).
PE vs Market: ADA is good value based on its PE Ratio (13.4x) compared to the Australian market (20x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ADA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ADA is good value based on its PB Ratio (5x) compared to the AU Software industry average (5.3x).
How is Adacel Technologies forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if ADA's forecast earnings growth is above the savings rate (1.9%).
Earnings vs Market: Insufficient data to determine if ADA's earnings are forecast to grow faster than the Australian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ADA's revenue (4.2% per year) is forecast to grow slower than the Australian market (5.3% per year).
High Growth Revenue: ADA's revenue (4.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ADA's Return on Equity is forecast to be high in 3 years time (29.2%)
How has Adacel Technologies performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ADA has a large one-off gain of A$2.5M impacting its June 30 2021 financial results.
Growing Profit Margin: ADA's current net profit margins (18.3%) are higher than last year (9.2%).
Past Earnings Growth Analysis
Earnings Trend: ADA's earnings have declined by 20.8% per year over the past 5 years.
Accelerating Growth: ADA's earnings growth over the past year (101.7%) exceeds its 5-year average (-20.8% per year).
Earnings vs Industry: ADA earnings growth over the past year (101.7%) exceeded the Software industry 37.5%.
Return on Equity
High ROE: ADA's Return on Equity (37.5%) is considered high.
How is Adacel Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: ADA's short term assets (A$27.0M) exceed its short term liabilities (A$13.4M).
Long Term Liabilities: ADA's short term assets (A$27.0M) exceed its long term liabilities (A$7.0M).
Debt to Equity History and Analysis
Debt Level: ADA's debt to equity ratio (5.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if ADA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ADA's debt is well covered by operating cash flow (1142.7%).
Interest Coverage: ADA's interest payments on its debt are well covered by EBIT (19.2x coverage).
What is Adacel Technologies's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ADA's dividend (5.06%) is higher than the bottom 25% of dividend payers in the Australian market (2.23%).
High Dividend: ADA's dividend (5.06%) is low compared to the top 25% of dividend payers in the Australian market (5.32%).
Stability and Growth of Payments
Stable Dividend: ADA has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ADA's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (62.5%), ADA's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ADA's dividends in 3 years are forecast to be covered by earnings (71.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Daniel Verret serves as Chief Executive Officer of Adacel Technologies Limited since April 15, 2020 and served as its Acting Chief Executive Officer since July 1, 2019 until April 15, 2020. He served a...
CEO Compensation Analysis
Compensation vs Market: Daniel's total compensation ($USD396.53K) is above average for companies of similar size in the Australian market ($USD301.38K).
Compensation vs Earnings: Daniel's compensation has increased by more than 20% in the past year.
Experienced Management: ADA's management team is considered experienced (2.3 years average tenure).
Experienced Board: ADA's board of directors are seasoned and experienced ( 10.5 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Adacel Technologies Limited's employee growth, exchange listings and data sources
- Name: Adacel Technologies Limited
- Ticker: ADA
- Exchange: ASX
- Founded: 1987
- Industry: Application Software
- Sector: Software
- Market Cap: AU$97.988m
- Shares outstanding: 76.26m
- Website: https://www.adacel.com
- Adacel Technologies Limited
- 29/3 Westside Avenue
- Port Melbourne
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 16:09|
|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.