Nearmap Ltd provides cloud-based geospatial information services in Australia, New Zealand, Canada, and North America.
No risks detected for NEA from our risk checks.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$2.18|
|52 Week High||AU$1.62|
|52 Week Low||AU$2.79|
|1 Month Change||7.92%|
|3 Month Change||4.31%|
|1 Year Change||-10.66%|
|3 Year Change||59.12%|
|5 Year Change||186.84%|
|Change since IPO||433.01%|
Recent News & Updates
We're Interested To See How Nearmap (ASX:NEA) Uses Its Cash Hoard To Grow
There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
|NEA||AU Software||AU Market|
Return vs Industry: NEA underperformed the Australian Software industry which returned 33.4% over the past year.
Return vs Market: NEA underperformed the Australian Market which returned 24.4% over the past year.
Stable Share Price: NEA is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: NEA's weekly volatility (5%) has been stable over the past year.
About the Company
Nearmap Ltd provides cloud-based geospatial information services in Australia, New Zealand, Canada, and North America. It offers aerial imagery maps, such as vertical and oblique imagery, Nearmap 3D, Nearmap AI, and Nearmap on OpenSolar. Its solutions are used in architecture and engineering, construction, insurance and financial services, property and real estate, roofing, solar, telecommunication, transportation and logistics, and utilities, as well as government sector.
Nearmap Fundamentals Summary
|NEA fundamental statistics|
Is NEA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NEA income statement (TTM)|
|Cost of Revenue||AU$58.63m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.038|
|Net Profit Margin||-16.59%|
How did NEA perform over the long term?See historical performance and comparison
Is Nearmap 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: NEA (A$2.18) is trading above our estimate of fair value (A$0.24)
Significantly Below Fair Value: NEA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NEA is unprofitable, so we can't compare its PE Ratio to the Australian Software industry average.
PE vs Market: NEA 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 NEA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NEA is overvalued based on its PB Ratio (7.6x) compared to the AU Software industry average (5.3x).
How is Nearmap forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NEA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: NEA is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: NEA's is expected to become profitable in the next 3 years.
Revenue vs Market: NEA's revenue (20.7% per year) is forecast to grow faster than the Australian market (5.3% per year).
High Growth Revenue: NEA's revenue (20.7% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NEA's Return on Equity is forecast to be low in 3 years time (8.3%).
How has Nearmap performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NEA is currently unprofitable.
Growing Profit Margin: NEA is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NEA is unprofitable, and losses have increased over the past 5 years at a rate of 34.8% per year.
Accelerating Growth: Unable to compare NEA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NEA is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (37.5%).
Return on Equity
High ROE: NEA has a negative Return on Equity (-13.19%), as it is currently unprofitable.
How is Nearmap's financial position?
Financial Position Analysis
Short Term Liabilities: NEA's short term assets (A$159.2M) exceed its short term liabilities (A$79.9M).
Long Term Liabilities: NEA's short term assets (A$159.2M) exceed its long term liabilities (A$17.1M).
Debt to Equity History and Analysis
Debt Level: NEA is debt free.
Reducing Debt: NEA has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: NEA has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if NEA has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Nearmap current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NEA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NEA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NEA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NEA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NEA's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rob Newman (57 yo)
Dr. Robert Melville Newman, also known as Rob, B.Eng(1st Hons), Ph D., has been the Chief Executive Officer, Managing Director at Nearmap Ltd since October 15, 2015 and has been its Director since February...
CEO Compensation Analysis
Compensation vs Market: Rob's total compensation ($USD1.17M) is about average for companies of similar size in the Australian market ($USD991.03K).
Compensation vs Earnings: Rob's compensation has increased whilst the company is unprofitable.
Experienced Management: NEA's management team is considered experienced (3.7 years average tenure).
Experienced Board: NEA's board of directors are considered experienced (7.4 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Nearmap Ltd's employee growth, exchange listings and data sources
- Name: Nearmap Ltd
- Ticker: NEA
- Exchange: ASX
- Founded: 1998
- Industry: Application Software
- Sector: Software
- Market Cap: AU$1.085b
- Shares outstanding: 497.75m
- Website: https://www.nearmap.com.au
- Nearmap Ltd
- Tower One
- Level 4
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 16:15|
|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.