company background image
ATA

Atturra ASX:ATA Stock Report

Last Price

AU$0.76

Market Cap

AU$151.4m

7D

-3.8%

1Y

n/a

Updated

06 Oct, 2022

Data

Company Financials +
ATA fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance2/6
Financial Health5/6
Dividends0/6

ATA Stock Overview

Atturra Limited provides technology services in Australia.

Atturra Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Atturra
Historical stock prices
Current Share PriceAU$0.76
52 Week HighAU$0.85
52 Week LowAU$0.47
Beta0
1 Month Change0%
3 Month Change7.86%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO21.77%

Recent News & Updates

Shareholder Returns

ATAAU ITAU Market
7D-3.8%5.4%5.1%
1Yn/a-5.8%-7.8%

Return vs Industry: Insufficient data to determine how ATA performed against the Australian IT industry.

Return vs Market: Insufficient data to determine how ATA performed against the Australian Market.

Price Volatility

Is ATA's price volatile compared to industry and market?
ATA volatility
ATA Average Weekly Movement6.7%
IT Industry Average Movement11.3%
Market Average Movement9.3%
10% most volatile stocks in AU Market16.3%
10% least volatile stocks in AU Market4.2%

Stable Share Price: ATA is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: ATA's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2015700Stephen Kowalhttps://atturra.com/au

Atturra Limited provides technology services in Australia. It offers advisory and consulting, business application, data and integration, cloud, change management, and management control solutions. The company serves defense, federal and state government, financial services, higher education, manufacturing, local government, and utilities industries.

Atturra Fundamentals Summary

How do Atturra's earnings and revenue compare to its market cap?
ATA fundamental statistics
Market CapAU$151.42m
Earnings (TTM)AU$7.22m
Revenue (TTM)AU$134.58m

21.0x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ATA income statement (TTM)
RevenueAU$134.58m
Cost of RevenueAU$88.21m
Gross ProfitAU$46.37m
Other ExpensesAU$39.15m
EarningsAU$7.22m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.036
Gross Margin34.45%
Net Profit Margin5.37%
Debt/Equity Ratio11.2%

How did ATA perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is ATA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ATA?

Other financial metrics that can be useful for relative valuation.

ATA key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.9x
Enterprise Value/EBITDA10.3x
PEG Ratio1.3x

Price to Earnings Ratio vs Peers

How does ATA's PE Ratio compare to its peers?

ATA PE Ratio vs Peers
The above table shows the PE ratio for ATA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average31.7x
APX Appen
18.8x64.2%AU$362.9m
DTL Data#3
33.2x13.5%AU$1.0b
CNW Cirrus Networks Holdings
64x72.3%AU$29.8m
CGO CPT Global
10.9xn/aAU$16.0m
ATA Atturra
21x16.6%AU$151.4m

Price-To-Earnings vs Peers: ATA is good value based on its Price-To-Earnings Ratio (21x) compared to the peer average (31.7x).


Price to Earnings Ratio vs Industry

How does ATA's PE Ratio compare vs other companies in the Global IT Industry?

Price-To-Earnings vs Industry: ATA is expensive based on its Price-To-Earnings Ratio (21x) compared to the Global IT industry average (20.4x)


Price to Earnings Ratio vs Fair Ratio

What is ATA's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ATA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio21x
Fair PE Ratio33.8x

Price-To-Earnings vs Fair Ratio: ATA is good value based on its Price-To-Earnings Ratio (21x) compared to the estimated Fair Price-To-Earnings Ratio (33.8x).


Share Price vs Fair Value

What is the Fair Price of ATA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ATA (A$0.76) is trading below our estimate of fair value (A$1.18)

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


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.


Discover undervalued companies

Future Growth

How is Atturra forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


16.6%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ATA's forecast earnings growth (16.6% per year) is above the savings rate (1.8%).

Earnings vs Market: ATA's earnings (16.6% per year) are forecast to grow faster than the Australian market (6.5% per year).

High Growth Earnings: ATA's earnings are forecast to grow, but not significantly.

Revenue vs Market: ATA's revenue (11.2% per year) is forecast to grow faster than the Australian market (3.6% per year).

High Growth Revenue: ATA's revenue (11.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ATA's Return on Equity is forecast to be high in 3 years time (20.4%)


Discover growth companies

Past Performance

How has Atturra performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


11.3%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: ATA has high quality earnings.

Growing Profit Margin: ATA's current net profit margins (5.4%) are lower than last year (6.6%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if ATA's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare ATA's past year earnings growth to its 5-year average.

Earnings vs Industry: ATA earnings growth over the past year (11.3%) exceeded the IT industry 9.1%.


Return on Equity

High ROE: ATA's Return on Equity (19.1%) is considered low.


Discover strong past performing companies

Financial Health

How is Atturra's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: ATA's short term assets (A$71.1M) exceed its short term liabilities (A$57.8M).

Long Term Liabilities: ATA's short term assets (A$71.1M) exceed its long term liabilities (A$15.7M).


Debt to Equity History and Analysis

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

Reducing Debt: Insufficient data to determine if ATA's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: ATA's debt is well covered by operating cash flow (214.1%).

Interest Coverage: ATA's interest payments on its debt are well covered by EBIT (25x coverage).


Balance Sheet


Discover healthy companies

Dividend

What is Atturra current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


2.14%

Forecast Dividend Yield

Dividend Yield vs Market

Atturra Dividend Yield vs Market
How does Atturra dividend yield compare to the market?
SegmentDividend Yield
Company (Atturra)n/a
Market Bottom 25% (AU)2.7%
Market Top 25% (AU)6.9%
Industry Average (IT)2.4%
Analyst forecast in 3 Years (Atturra)2.1%

Notable Dividend: Unable to evaluate ATA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ATA'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 ATA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ATA's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as ATA has not reported any payouts.


Discover strong dividend paying companies

Management

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

1.1yrs

Average management tenure


CEO

Stephen Kowal

no data

Tenure

Mr. Stephen Kowal is the Chief Executive Officer of Atturra Limited since January 2019 and serves as its Executive Director. Mr. Kowal held senior executive and non-executive positions in the IT and consul...


Leadership Team

Experienced Management: ATA's management team is not considered experienced ( 1.1 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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

ASX:ATA Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
29 Sep 22BuyAU$305,000263 Finance Pty LimitedCompany400,000AU$0.76

Ownership Breakdown

What is the ownership structure of ATA?
Owner TypeNumber of SharesOwnership Percentage
Institutions1,808,1830.9%
Public Companies2,000,0001.0%
Individual Insiders20,749,81510.3%
General Public47,858,81023.9%
Private Companies128,133,64163.9%

Dilution of Shares: ATA only recently listed within the past 12 months.


Top Shareholders

Top 17 shareholders own 76.14% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
40.73%
Driftwood IT Pty Limited
81,688,100A$61.7m0%no data
16.58%
263 Finance Pty Limited
33,255,612A$25.1m0%no data
3.43%
Stephen Kowal
6,872,943A$5.2m0%no data
2.9%
Jonathan Rubinsztein
5,825,055A$4.4m0%no data
2.33%
J&B Fund Management Pty Ltd
4,677,240A$3.5m0%no data
1.67%
Merb Investments Pty Ltd
3,351,936A$2.5m0%no data
1.41%
Peter Murphy
2,837,405A$2.1m0%no data
1.41%
Andris Balmaks
2,837,405A$2.1m0%no data
1.4%
Infogate Pty Ltd
2,801,130A$2.1m0%no data
1%
Washington H. Soul Pattinson and Company Limited
2,000,000A$1.5m0%no data
0.9%
Grandeur Peak Global Advisors, LLC
1,808,183A$1.4m37.58%0.02%
0.75%
Mayhem Pty Ltd
1,500,987A$1.1m0%no data
0.59%
Marty Holden
1,185,428A$895.0k0%no data
0.43%
Stuart Althaus Retirement Pty Ltd
858,636A$648.3k0%no data
0.34%
Aaron Likely
691,579A$522.1k0%no data
0.2%
Richard Shaw
400,000A$302.0k0%no data
0.05%
Nicole Bowman
100,000A$75.5k0%no data

Company Information

Atturra Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Atturra Limited
  • Ticker: ATA
  • Exchange: ASX
  • Founded: 2015
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Implied Market Cap: AU$151.416m
  • Shares outstanding: 200.55m
  • Website: https://atturra.com/au

Number of Employees


Location

  • Atturra Limited
  • 10 Bond Street
  • Level 2
  • Sydney
  • New South Wales
  • 2000
  • Australia


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ATACHIA (Chi-X Australia)YesOrdinary SharesAUAUDDec 2021
ATAASX (Australian Securities Exchange)YesOrdinary SharesAUAUDDec 2021

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/06 00:00
End of Day Share Price2022/10/06 00:00
Earnings2022/06/30
Annual Earnings2022/06/30


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.