ASX:GBT

Stock Analysis Report

Executive Summary

GBST Holdings Limited provides client accounting and securities transaction technology solutions for the finance, banking, and capital market industries worldwide.

Snowflake

Fundamentals

Flawless balance sheet with proven track record.

Risks

  • GBST Holdings has significant price volatility in the past 3 months.

Similar Companies

Share Price & News

How has GBST Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.3%

GBT

1.8%

AU IT

1.1%

AU Market


1 Year Return

94.9%

GBT

11.9%

AU IT

7.2%

AU Market

GBT outperformed the IT industry which returned 12.8% over the past year.

GBT outperformed the Market in Australia which returned 6.9% over the past year.


Share holder returns

GBTIndustryMarket
7 Day0.3%1.8%1.1%
30 Day0.5%10.2%3.9%
90 Day42.8%4.7%1.8%
1 Year97.5%94.9%14.1%11.9%13.3%7.2%
3 Year-6.6%-12.3%44.2%33.3%39.8%21.0%
5 Year8.1%-1.8%67.6%47.1%54.4%19.9%

Price Volatility Vs. Market

How volatile is GBST Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

6 months ago | Simply Wall St

Some GBST Holdings (ASX:GBT) Shareholders Have Copped A Big 58% Share Price Drop

Valuation

Is GBST Holdings undervalued based on future cash flows and its price relative to the stock market?

2%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

GBST Holdings's share price is below the future cash flow value, but not at a moderate discount (< 20%).

GBST Holdings's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

GBST Holdings is good value based on earnings compared to the AU IT industry average.

GBST Holdings is overvalued based on earnings compared to the Australia market.


Price Based on Expected Growth

GBST Holdings is poor value based on expected growth next year.


Price Based on Value of Assets

GBST Holdings is overvalued based on assets compared to the AU IT industry average.


Next Steps

Future Growth

How is GBST Holdings expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

11.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

GBST Holdings's revenue is expected to grow by 6.9% yearly, however this is not considered high growth (20% yearly).

GBST Holdings's earnings are expected to grow by 11.2% yearly, however this is not considered high growth (20% yearly).

GBST Holdings's revenue growth is expected to exceed the Australia market average.

GBST Holdings's earnings growth is expected to exceed the Australia market average.

GBST Holdings's earnings growth is expected to exceed the low risk savings rate of 2.3%.


Earnings per Share Growth Estimates


Future Return on Equity

GBST Holdings is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has GBST Holdings performed over the past 5 years?

-11.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

GBST Holdings's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.

GBST Holdings's 1-year earnings growth exceeds its 5-year average (103.2% vs -11%)

GBST Holdings's earnings growth has exceeded the AU IT industry average in the past year (103.2% vs 60.9%).


Return on Equity

GBST Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

GBST Holdings used its assets more efficiently than the AU IT industry average last year based on Return on Assets.


Return on Capital Employed

GBST Holdings has improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is GBST Holdings's financial position?


Financial Position Analysis

GBST Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

GBST Holdings's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

GBST Holdings has no debt.

GBST Holdings has no debt compared to 5 years ago when it was 9.3%.

GBST Holdings has no debt, it does not need to be covered by operating cash flow.

GBST Holdings has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Low level of unsold assets.

GBST Holdings has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

What is GBST Holdings's current dividend yield, its reliability and sustainability?

2.20%

Expected Dividend Yield


Upcoming Dividend Payment

Purchase GBST Holdings before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield and Payments Analysis

Unable to evaluate GBST Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate GBST Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as GBST Holdings has not reported any payouts.

Unable to verify if GBST Holdings's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as GBST Holdings has not reported any payouts.


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (2x coverage).


Next Steps

Management

What is the CEO of GBST Holdings's salary, the management and board of directors tenure and is there insider trading?

3.2yrs

Average management tenure


CEO

Rob DeDominicis 0

3.8yrs

Tenure

AU$623,116

Compensation

Mr. Robert DeDominicis, also known as Rob, has been the Chief Executive Officer and Managing Director of GBST Holdings Limited since December 15, 2015. Mr. DeDominicis served as an Interim Group Chief Exec ...


CEO Compensation Analysis

Rob's remuneration is about average for companies of similar size in Australia.

Rob's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

3.2yrs

Average Tenure

The tenure for the GBST Holdings management team is about average.


Board Age and Tenure

3.5yrs

Average Tenure

The tenure for the GBST Holdings board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


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Ownership Breakdown


Management Team

  • Jillian Bannan

    Company Secretary & General Counsel

    • Tenure: 3.2yrs
  • Denis Orrock

    Head of Asia Pacific

    • Tenure: 11.3yrs
    • Compensation: AU$392.80k
  • John Kehoe

    Head of Business Development - North America

    • Tenure: 6yrs
  • Rob DeDominicis

    MD, CEO & Director

    • Tenure: 3.8yrs
    • Compensation: AU$623.12k
  • David Simpson

    Head of Europe

    • Tenure: 3.2yrs
    • Compensation: AU$615.35k
  • Isabel Sanchez

    Chief Technology Operations Officer

    • Tenure: 0.4yrs
    • Compensation: AU$239.88k
  • Matthew Walton

    Chief Financial Officer

    • Tenure: 0.9yrs
  • Belinda Armstrong

    Head of Human Resources

    • Tenure: 2.2yrs

Board Members

  • Debbie Page (60yo)

    Independent Non-Executive Director

    • Tenure: 3.2yrs
    • Compensation: AU$90.00k
  • Allan Brackin (64yo)

    Independent Non-Executive Chairperson

    • Tenure: 3.8yrs
    • Compensation: AU$135.00k
  • Christine Bartlett

    Deputy Chairperson

    • Tenure: 0yrs
    • Compensation: AU$90.00k
  • Tam Vu

    Independent Non-Executive Director

    • Tenure: 2.7yrs
    • Compensation: AU$90.00k
  • Rob DeDominicis

    MD, CEO & Director

    • Tenure: 3.8yrs
    • Compensation: AU$623.12k

Company Information

GBST Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: GBST Holdings Limited
  • Ticker: GBT
  • Exchange: ASX
  • Founded: 1984
  • Industry: Data Processing and Outsourced Services
  • Sector: Software
  • Market Cap: AU$260.784m
  • Shares outstanding: 67.91m
  • Website: https://www.gbst.com

Number of Employees


Location

  • GBST Holdings Limited
  • West Tower
  • Level 4
  • Brisbane
  • Queensland
  • 4000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GBTASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJun 2005
GBTCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJun 2005

Biography

GBST Holdings Limited provides client accounting and securities transaction technology solutions for the finance, banking, and capital market industries worldwide. The company offers GBST Syn~ shares and d ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/23 10:33
End of Day Share Price2019/09/23 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.