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EPD

EmpiredASX:EPD Stock Report

Market Cap

AU$217.6m

7D

-0.4%

1Y

114.4%

Updated

21 Oct, 2021

Data

Company Financials
EPD fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends1/6

EPD Overview

Empired Limited provides information technology solutions in Australia, New Zealand, and the United States of America.

Price History & Performance

Summary of all time highs, changes and price drops for Empired
Historical stock prices
Current Share PriceAU$1.34
52 Week HighAU$0.57
52 Week LowAU$1.35
Beta1.6
1 Month Change0.75%
3 Month Change1.90%
1 Year Change114.40%
3 Year Change179.17%
5 Year Change188.17%
Change since IPO318.75%

Recent News & Updates

Jul 19
When Should You Buy Empired Limited (ASX:EPD)?

When Should You Buy Empired Limited (ASX:EPD)?

Empired Limited ( ASX:EPD ), is not the largest company out there, but it saw a significant share price rise of over...

Apr 30
Does Empired (ASX:EPD) Have A Healthy Balance Sheet?

Does Empired (ASX:EPD) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Apr 06
At AU$0.77, Is It Time To Put Empired Limited (ASX:EPD) On Your Watch List?

At AU$0.77, Is It Time To Put Empired Limited (ASX:EPD) On Your Watch List?

While Empired Limited ( ASX:EPD ) might not be the most widely known stock at the moment, it saw a decent share price...

Mar 16
If You Had Bought Empired (ASX:EPD) Shares A Year Ago You'd Have Earned 171% Returns

If You Had Bought Empired (ASX:EPD) Shares A Year Ago You'd Have Earned 171% Returns

Unfortunately, investing is risky - companies can and do go bankrupt. But when you pick a company that is really...

Shareholder Returns

EPDAU ITAU Market
7D-0.4%1.6%0.7%
1Y114.4%8.6%21.4%

Return vs Industry: EPD exceeded the Australian IT industry which returned 8.7% over the past year.

Return vs Market: EPD exceeded the Australian Market which returned 21.1% over the past year.

Price Volatility

Is EPD's price volatile compared to industry and market?
EPD volatility
EPD Beta1.6
Industry Beta1.68
Market Beta1

Stable Share Price: EPD is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 1% a week.

Volatility Over Time: EPD's weekly volatility has decreased from 10% to 1% over the past year.

About the Company

FoundedEmployeesCEOWebsite
19991,089Russell Baskervillehttps://www.empired.com

Empired Limited provides information technology solutions in Australia, New Zealand, and the United States of America. It serves public sector agencies to transform and connect across everything they do, creating citizen experiences, streamlining services, and empowering people with technology; delivers data and digital experience platforms to help financial services and insurance organizations; and offers enterprise resource planning, and security and identity services to resource industry. The company also provides transformation solutions and managed services to utilities organizations; and applications to other industries.

Empired Fundamentals Summary

How do Empired's earnings and revenue compare to its market cap?
EPD fundamental statistics
Market CapAU$217.58m
Earnings (TTM)AU$10.53m
Revenue (TTM)AU$186.13m

20.7x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EPD income statement (TTM)
RevenueAU$186.13m
Cost of RevenueAU$151.35m
Gross ProfitAU$34.79m
ExpensesAU$24.25m
EarningsAU$10.53m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.065
Gross Margin18.69%
Net Profit Margin5.66%
Debt/Equity Ratio6.0%

How did EPD perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

23%

Payout Ratio

Valuation

Is Empired undervalued compared to its fair value and its price relative to the market?

42.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: EPD (A$1.34) is trading below our estimate of fair value (A$2.31)

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


Price To Earnings Ratio

PE vs Industry: EPD is good value based on its PE Ratio (20.7x) compared to the Australian IT industry average (43.2x).

PE vs Market: EPD is poor value based on its PE Ratio (20.7x) compared to the Australian market (19.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate EPD's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: EPD is good value based on its PB Ratio (2.8x) compared to the AU IT industry average (3.2x).


Future Growth

How is Empired forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

48.5%

Forecasted Software 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 Empired 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.


Past Performance

How has Empired performed over the past 5 years?

9.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EPD has a large one-off gain of A$4.9M impacting its June 30 2021 financial results.

Growing Profit Margin: EPD's current net profit margins (5.7%) are higher than last year (3.7%).


Past Earnings Growth Analysis

Earnings Trend: EPD has become profitable over the past 5 years, growing earnings by 9.1% per year.

Accelerating Growth: EPD's earnings growth over the past year (71.4%) exceeds its 5-year average (9.1% per year).

Earnings vs Industry: EPD earnings growth over the past year (71.4%) exceeded the IT industry -11.2%.


Return on Equity

High ROE: EPD's Return on Equity (13.7%) is considered low.


Financial Health

How is Empired's financial position?


Financial Position Analysis

Short Term Liabilities: EPD's short term assets (A$47.3M) exceed its short term liabilities (A$39.4M).

Long Term Liabilities: EPD's short term assets (A$47.3M) exceed its long term liabilities (A$11.6M).


Debt to Equity History and Analysis

Debt Level: EPD's debt to equity ratio (6%) is considered satisfactory.

Reducing Debt: EPD's debt to equity ratio has reduced from 25.8% to 6% over the past 5 years.

Debt Coverage: EPD's debt is well covered by operating cash flow (551.6%).

Interest Coverage: EPD's interest payments on its debt are well covered by EBIT (9.6x coverage).


Balance Sheet


Dividend

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

1.12%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: EPD's dividend (1.12%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.29%).

High Dividend: EPD's dividend (1.12%) is low compared to the top 25% of dividend payers in the Australian market (5.31%).


Stability and Growth of Payments

Stable Dividend: EPD has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: EPD's dividend payments have increased, but the company has only paid a dividend for 8 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (22.8%), EPD's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

4.9yrs

Average management tenure


CEO

Russell Baskerville (43 yo)

no data

Tenure

AU$1,166,092

Compensation

Mr. Russell Baskerville, Dip of Tech (Eng) serves as the Chief Executive Officer and Managing Director of Empired Limited. Mr. Baskerville served as the Chief Executive Officer of BigRedSky. Mr. Baskervill...


CEO Compensation Analysis

Compensation vs Market: Russell's total compensation ($USD873.28K) is above average for companies of similar size in the Australian market ($USD551.20K).

Compensation vs Earnings: Russell's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: EPD's management team is considered experienced (4.9 years average tenure).


Board Members

Experienced Board: EPD's board of directors are seasoned and experienced ( 10.1 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

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


Key Information

  • Name: Empired Limited
  • Ticker: EPD
  • Exchange: ASX
  • Founded: 1999
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: AU$217.578m
  • Shares outstanding: 162.37m
  • Website: https://www.empired.com

Number of Employees


Location

  • Empired Limited
  • The Quadrant
  • Level 7
  • Perth
  • Western Australia
  • 6000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 18:14
End of Day Share Price2021/10/21 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.