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Novatti Group

ASX:NOV
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NOV
ASX
A$42M
Market Cap
  1. Home
  2. AU
  3. Software
Company description

Novatti Group Limited, together with its subsidiaries, provides software technology and systems integration services worldwide. The last earnings update was 56 days ago. More info.


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  • Novatti Group has significant price volatility in the past 3 months.
NOV Share Price and Events
7 Day Returns
-2%
ASX:NOV
1.9%
AU Software
1.7%
AU Market
1 Year Returns
-19.4%
ASX:NOV
37.9%
AU Software
5.9%
AU Market
NOV Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Novatti Group (NOV) -2% 6.4% 35.1% -19.4% 66.7% -
AU Software 1.9% 5.7% 19.3% 37.9% 89.7% 112.3%
AU Market 1.7% 4% 8.6% 5.9% 21.4% 7.4%
1 Year Return vs Industry and Market
  • NOV underperformed the Software industry which returned 37.9% over the past year.
  • NOV underperformed the Market in Australia which returned 5.9% over the past year.
Price Volatility
NOV
Industry
5yr Volatility vs Market

Value

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

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Novatti Group. This is due to cash flow or dividend data being unavailable. The share price is A$0.25.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Novatti Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Novatti Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:NOV PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$-0.02
ASX:NOV Share Price ** ASX (2019-04-24) in AUD A$0.25
Australia Software Industry PE Ratio Median Figure of 19 Publicly-Listed Software Companies 36.99x
Australia Market PE Ratio Median Figure of 543 Publicly-Listed Companies 16.28x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Novatti Group.

ASX:NOV PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:NOV Share Price ÷ EPS (both in AUD)

= 0.25 ÷ -0.02

-13.18x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Novatti Group is loss making, we can't compare its value to the AU Software industry average.
  • Novatti Group is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Novatti Group's expected growth come at a high price?
Raw Data
ASX:NOV PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -13.18x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Software Industry PEG Ratio Median Figure of 13 Publicly-Listed Software Companies 2.75x
Australia Market PEG Ratio Median Figure of 359 Publicly-Listed Companies 1.36x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Novatti Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Novatti Group's assets?
Raw Data
ASX:NOV PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.04
ASX:NOV Share Price * ASX (2019-04-24) in AUD A$0.25
Australia Software Industry PB Ratio Median Figure of 100 Publicly-Listed Software Companies 3.67x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.66x
ASX:NOV PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:NOV Share Price ÷ Book Value per Share (both in AUD)

= 0.25 ÷ 0.04

6.05x

* Primary Listing of Novatti Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Novatti Group is overvalued based on assets compared to the AU Software industry average.
X
Value checks
We assess Novatti Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
  5. Novatti Group has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Novatti Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Novatti Group 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
33.7%
Expected Software industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Novatti Group expected to grow at an attractive rate?
  • Unable to compare Novatti Group's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Novatti Group's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Novatti Group's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:NOV Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Software Industry Earnings Growth Rate Market Cap Weighted Average 33.7%
Australia Software Industry Revenue Growth Rate Market Cap Weighted Average 17.9%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.8%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:NOV Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:NOV Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
ASX:NOV Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 7 -4 -3
2018-09-30 6 -4 -3
2018-06-30 5 -3 -2
2018-03-31 4 -3 -3
2017-12-31 3 -2 -4
2017-09-30 3 -3 -5
2017-06-30 2 -4 -5
2017-03-31 3 -4 -5
2016-12-31 3 -4 -5
2016-09-30 3 -3 -5
2016-06-30 4 -3 -5
2016-03-31 4 -2 -4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Novatti Group is high growth as no earnings estimate data is available.
  • Unable to determine if Novatti Group is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:NOV Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Novatti Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:NOV Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
ASX:NOV Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 -0.02
2018-09-30 -0.02
2018-06-30 -0.02
2018-03-31 -0.02
2017-12-31 -0.03
2017-09-30 -0.03
2017-06-30 -0.05
2017-03-31 -0.05
2016-12-31 -0.07
2016-09-30 -0.05
2016-06-30 -0.09
2016-03-31 -0.04

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Novatti Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Novatti Group's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Novatti Group's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Software companies here
  3. Novatti Group's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Novatti Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Novatti Group has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Novatti Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Novatti Group's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Novatti Group does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Novatti Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Novatti Group's 1-year growth to the AU Software industry average as it is not currently profitable.
Earnings and Revenue History
Novatti Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Novatti Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:NOV Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 7.00 -2.99 1.40
2018-09-30 6.21 -2.53 1.24
2018-06-30 5.42 -2.07 1.08
2018-03-31 4.39 -3.24 0.99
2017-12-31 3.37 -4.42 0.85
2017-09-30 2.78 -4.57 0.80
2017-06-30 2.19 -4.72 0.75
2017-03-31 2.54 -4.97 0.75
2016-12-31 2.89 -5.21 0.75
2016-09-30 3.38 -5.09 0.71
2016-06-30 3.87 -4.97 0.67
2016-03-31 3.88 -3.53 0.61
2015-12-31 3.88 -2.09 0.55
2015-09-30 3.15 -1.52 0.47
2015-06-30 2.41 -0.94 0.40
2014-06-30 2.13 -0.98 0.31
2013-06-30 1.92 -0.67 0.45
2012-06-30 2.28 -0.17 0.17

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Novatti Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Novatti Group has efficiently used its assets last year compared to the AU Software industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Novatti Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Novatti Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Novatti Group has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Novatti Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Novatti Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Novatti Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Novatti Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Novatti Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Novatti Group has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Novatti Group Company Filings, last reported 3 months ago.

ASX:NOV Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 6.50 0.00 3.06
2018-09-30 6.50 0.00 3.06
2018-06-30 8.75 0.00 4.51
2018-03-31 8.75 0.00 4.51
2017-12-31 4.72 0.00 4.41
2017-09-30 4.72 0.00 4.41
2017-06-30 2.27 0.00 0.65
2017-03-31 2.27 0.00 0.65
2016-12-31 2.65 0.00 2.64
2016-09-30 2.65 0.00 2.64
2016-06-30 4.26 0.00 4.73
2016-03-31 4.26 0.00 4.73
2015-12-31 0.52 0.00 0.24
2015-09-30 0.52 0.00 0.24
2015-06-30 0.03 0.36 0.28
2014-06-30 1.22 0.08 0.44
2013-06-30 2.20 0.00 1.56
2012-06-30 -0.22 0.74 -0.22
  • Novatti Group has no debt.
  • Novatti Group has no debt compared to 5 years ago when it was 2.5%.
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.

  • Novatti Group has less than a year of cash runway based on current free cash flow.
  • Novatti Group has less than a year of cash runway if free cash flow continues to grow at historical rates of 22.6% each year.
X
Financial health checks
We assess Novatti Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Novatti Group has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Novatti Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Novatti Group dividends.
If you bought A$2,000 of Novatti Group shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Novatti Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Novatti Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:NOV Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Australia Software Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 1.3%
Australia Market Average Dividend Yield Market Cap Weighted Average of 417 Stocks 4.2%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.5%
Australia Bottom 25% Dividend Yield 25th Percentile 2.5%
Australia Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ASX:NOV Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Novatti Group has not reported any payouts.
  • Unable to verify if Novatti Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Novatti Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Novatti Group has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Novatti Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.5%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Novatti Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Novatti Group has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Peter Cook
COMPENSATION A$325,211
AGE 58
TENURE AS CEO 16.7 years
CEO Bio

Mr. Peter Samuel Cook, BSc, Gr.Dip Compng, Gr.Dip Secu, GAICD., is the Founder of Novatti Group Limited (also known as Total Tel International Pty Ltd) and has been its Chief Executive Officer since August 2002 and serves as its Managing Director. Mr. Cook is responsible to the board for the successful operation at Total Tel International. He is a Founder of financial transactions and technology businesses in Australia, the UK, Canada, Malaysia and Africa. Mr. Cook has an extensive and successful track record in the establishment, development and management of telecommunications and information technology companies. He has over 20 years experience in founding and leading corporations in industry sectors including telecommunications, Information Technology services, accommodation and agribusiness. He has previous management experience with PWC, Telstra and the Department of Defence. Mr. Cook serves as Chairman of Integrapay Pty Ltd. He serves as Chairman of The Electronic Recharge Group of Companies, Corangamite, Inc. of Canada and Deputy Chairman of Fabricell International Ltd. He served as Deputy Chairman of Senetas Corporation Limited from June 1999 to until February 10, 2006. Mr. Cook has been an Executive Director of Novatti Group Limited since October 12, 2015. He serves as Independent Non-Executive Director at P2P Transport Limited. He served as Non Executive Director of Senetas Corp. Ltd.., since April 7, 1999 until February 10, 2006. He serves as an Independent Community Member on the Heathcote Hospital Governance Board. He has served for eight years as an Honorary Board Member of Service Providers Industry Association Inc. (SPAN) and is Vice President of the South Melbourne Lifesaving Club. Mr. Cook holds a Bachelor of Science degree, a Post-Graduate Diploma in Computing and a Graduate Diploma in Securities from the Securities Institute of Australia (Financial Services Institute of Australasia). He is a Graduate Member of the Australian Institute of Company Directors. He is a graduate of the Royal Military College, Duntroon.

CEO Compensation
  • Peter's compensation has been consistent with company performance over the past year.
  • Peter's remuneration is about average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the Novatti Group management team in years:

6.8
Average Tenure
  • The average tenure for the Novatti Group management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Peter Cook

TITLE
Founder
COMPENSATION
A$325K
AGE
58
TENURE
16.7 yrs

Steven Stamboultgis

TITLE
Chief Financial Officer
COMPENSATION
A$189K

Alan Munday

TITLE
Chief Operating Officer
COMPENSATION
A$232K

Alistair Swain

TITLE
Key Account Director

Kim Beveridge

TITLE
Chief Technology Officer
TENURE
12.3 yrs

Mark Maglaras

TITLE
Sales Director
TENURE
6.8 yrs

Peter Christo

TITLE
Head of China Payments Division
TENURE
2.2 yrs

Ian Hobson

TITLE
Company Secretary
AGE
53
TENURE
3.5 yrs
Board of Directors Tenure

Average tenure and age of the Novatti Group board of directors in years:

2.9
Average Tenure
48
Average Age
  • The average tenure for the Novatti Group board of directors is less than 3 years, this suggests a new board.
Board of Directors

Peter Pawlowitsch

TITLE
Non-Executive Chairman
COMPENSATION
A$78K
AGE
44

Peter Cook

TITLE
Founder
COMPENSATION
A$325K
AGE
58
TENURE
3.5 yrs

Paul Burton

TITLE
Non-Executive Director
COMPENSATION
A$70K
AGE
48
TENURE
2.9 yrs

Brandon Munro

TITLE
Non-Executive Director
COMPENSATION
A$53K
TENURE
3.5 yrs

Kenneth Lai

TITLE
Non-Executive Director
COMPENSATION
A$6K
TENURE
2.9 yrs

Steven Zhou

TITLE
Non-Executive Director
COMPENSATION
A$29K
TENURE
1.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
X
Management checks
We assess Novatti Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Novatti Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

What You Must Know About Novatti Group Limited's (ASX:NOV) Financial Strength

However, it also faces higher cost of capital given interest cost is generally lower than equity. … Is NOV right in choosing financial flexibility over lower cost of capital … Debt funding can be cheaper than issuing new equity due to lower interest cost on debt.

Simply Wall St -

How Should Investors Feel About Novatti Group Limited's (ASX:NOV) CEO Pay?

Peter Cook became the CEO of Novatti Group Limited (ASX:NOV) in 2002. … This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Peter Cook's Compensation Compare With Similar Sized Companies?

Simply Wall St -

What Kind Of Investor Owns Most Of Novatti Group Limited (ASX:NOV)?

The big shareholder groups in Novatti Group Limited (ASX:NOV) have power over the company. … Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … Novatti Group is a smaller company with a market capitalization of AU$28m, so it may still be flying under the radar of many institutional investors.

Simply Wall St -

What does Novatti Group Limited's (ASX:NOV) Balance Sheet Tell Us About Its Future?

The direct benefit for Novatti Group Limited (ASX:NOV), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … However, the trade-off is NOV will have to adhere to stricter debt covenants and have less financial flexibility. … Is NOV right in choosing financial flexibility over lower cost of capital.

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Should You Be Concerned About Novatti Group Limited's (ASX:NOV) Shareholders?

Today, I will be analyzing Novatti Group Limited’s (ASX:NOV) recent ownership structure, an important but not-so-popular subject among individual investors. … The impact of a company's ownership structure affects both its short- and long-term performance. … The effect of an active institutional investor with a similar ownership as a passive pension-fund can be vastly different on a company's corporate governance and accountability to shareholders.

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How Does Novatti Group Limited's (ASX:NOV) Earnings Growth Stack Up Against Industry Performance?

When Novatti Group Limited (ASX:NOV) announced its most recent earnings (31 December 2017), I compared it against two factor: its historical earnings track record, and the performance of its industry peers on average. … Did NOV's recent earnings growth beat the long-term trend and the industry. … NOV is loss-making, with the most recent trailing twelve-month earnings of -AU$4.42m (from 31 December 2017), which compared to last year has become.

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Interested In Novatti Group Limited (ASX:NOV)? Here's How It Performed Recently

For Novatti Group, its most recent trailing-twelve-month earnings is -AU$4.42M, which, against last year’s level, has become less negative. … ASX:NOV Income Statement Apr 27th 18 We can further examine Novatti Group's loss by looking at what the industry has been experiencing over the past few years. … Each year, for the past five years Novatti Group's top-line has grown by a mere 6.39%, on average.

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What Is The Future Prospect For Tech And Novatti Group Limited (ASX:NOV)?

Not surprisingly, this rate is more than double the growth rate of the Australian stock market as a whole. … ASX:NOV PE PEG Gauge Nov 22nd 17 The software tech sector's PE is currently hovering around 30x, higher than the rest of the Australian stock market PE of 17x. … If NOV has been on your watchlist for a while, now may be the time to enter into the stock, if you like its ability to deliver growth and are not highly concentrated in the tech industry.

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Company Info

Description

Novatti Group Limited, together with its subsidiaries, provides software technology and systems integration services worldwide. The company's Novatti Platform segment develops, deploys, and supports mobile and alternate payment technology, primarily through the deployment of the Novatti platform. Its Advanced Billing Solutions segment provides billing and CIS solutions to service providers in the utilities industry. The company's Transaction Services segment offers a network that interconnects emerging payment platforms, remittance operators, financial institutions, retailers, utilities, and various types of telecommunication operators. This segment also provides Flexewallet and Flexe Payments, an alternative payment method in the form of a prepaid cash vouchers for a multitude of payment methods, such as prepaid account top-ups and online payment of goods and services; and personalized prepaid reloadable payment card services. It also provides agency and cardless banking, digital gift card, donation, electronic voucher distribution, FSI channel management, mobile commerce, mobile banking and payment, peer to peer payment, and international and purposeful remittance solutions. In addition, the company offers bill payment, cryptocurrency, digital wallet, electronic and international top-up, e-voucher-based loyalty, government disbursement, microfinance, mobile money and ticketing, PIN-based payment, and voucher management system solutions. It serves agriculture, aviation, retail, alternate payment, broadcasting, financial technology, and telecommunication sectors, as well as financial institutions. Novatti Group Limited was founded in 1994 and is headquartered in Melbourne, Australia.

Details
Name: Novatti Group Limited
NOV
Exchange: ASX
Founded: 1994
A$41,719,803
166,879,213
Website: http://www.novatti.com
Address: Novatti Group Limited
456 Lonsdale Street,
Level 12,
Melbourne,
Victoria, 3000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX NOV Ordinary Shares Australian Securities Exchange AU AUD 18. Jan 2016
CHIA NOV Ordinary Shares Chi-X Australia AU AUD 18. Jan 2016
Number of employees
Current staff
Staff numbers
0
Novatti Group employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/25 10:35
End of day share price update: 2019/04/24 00:00
Last estimates confirmation: 2017/08/31
Last earnings filing: 2019/02/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.