ASX:TGO

Stock Analysis Report

Trimantium GrowthOps

Executive Summary

Trimantium GrowthOps Limited provides business transformation services to medium and large organizations across Asia and Oceania.

Snowflake

Fundamentals

Excellent balance sheet and slightly overvalued.

Risks

  • Trimantium GrowthOps has significant price volatility in the past 3 months.
  • Trimantium GrowthOps is not covered by any analysts.

Share Price & News

How has Trimantium GrowthOps's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-10.5%

ASX:TGO

-0.6%

AU IT

0.02%

AU Market


1 Year Return

-63.3%

ASX:TGO

10.1%

AU IT

4.8%

AU Market

TGO underperformed the IT industry which returned 10.1% over the past year.

TGO underperformed the Market in Australia which returned 4.8% over the past year.


Share holder returns

TGOIndustryMarket
7 Day-10.5%-0.6%0.02%
30 Day-8.7%2.6%0.9%
90 Day-23.0%-0.2%6.8%
1 Year-63.3%-63.3%12.0%10.1%10.8%4.8%
3 Yearn/a59.7%47.6%38.0%20.1%
5 Yearn/a64.5%44.2%44.6%12.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

21%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Trimantium GrowthOps's share price is below the future cash flow value, and at a moderate discount (> 20%).

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


Price Based on Earnings

Trimantium GrowthOps is loss making, we can't compare its value to the AU IT industry average.

Trimantium GrowthOps is loss making, we can't compare the value of its earnings to the Australia market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Trimantium GrowthOps, we can't assess if its growth is good value.


Price Based on Value of Assets

Trimantium GrowthOps is good value based on assets compared to the AU IT industry average.


Next Steps

Future Growth

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

26.1%

Forecasted IT 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 Trimantium GrowthOps 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.


Next Steps

Past Performance

How has Trimantium GrowthOps performed over the past 5 years?

-82.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Trimantium GrowthOps does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Trimantium GrowthOps's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Trimantium GrowthOps's 1-year growth to the AU IT industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Trimantium GrowthOps has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Trimantium GrowthOps has efficiently used its assets last year compared to the AU IT industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Trimantium GrowthOps improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Trimantium GrowthOps's financial position?


Financial Position Analysis

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

Trimantium GrowthOps's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Trimantium GrowthOps's level of debt (25.2%) compared to net worth is satisfactory (less than 40%).

Unable to establish if Trimantium GrowthOps's debt level has increased without past 5-year debt data.


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 2.4x debt.


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.

Whilst loss making Trimantium GrowthOps has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.

Whilst loss making Trimantium GrowthOps has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -80.4% per year.


Next Steps

Dividend

What is Trimantium GrowthOps's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

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

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

Unable to perform a dividend volatility check as Trimantium GrowthOps has not reported any payouts.

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


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Trimantium GrowthOps 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.


Next Steps

Management

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

0.8yrs

Average management tenure


CEO

Paul Mansfield

1.1yrs

Tenure

AU$74,639

Compensation

Mr. Paul Scott Mansfield has been Chief Executive Officer of Trimantium GrowthOps Ltd since June 1, 2018, Managing Director since March 18, 2019 and also serves as its Executive Director since October 18,  ...


CEO Compensation Analysis

Paul's remuneration is lower than average for companies of similar size in Australia.

Insufficient data for Paul to compare compensation growth.


Management Age and Tenure

0.8yrs

Average Tenure

The average tenure for the Trimantium GrowthOps management team is less than 2 years, this suggests a new team.


Board Age and Tenure

1.8yrs

Average Tenure

The average tenure for the Trimantium GrowthOps board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month individual insider trading information.


Recent Insider Transactions

BuyAU$16,999,98229 Mar 19
Paul Mansfield
EntityIndividual
Role
CEO, MD & Director
Member of the Board of Directors
Shares17,000,000
Max PriceAU$1.00
BuyAU$1,829,04329 Mar 19
Trimantium Capital Pty Ltd
EntityCompany
Shares1,829,045
Max PriceAU$1.00
SellAU$1,519,37719 Mar 19
Trimantium Capital Pty Ltd
EntityCompany
Shares1,519,378
Max PriceAU$1.00
BuyAU$1,519,37719 Mar 19
Tc Special Operations Trust 7
EntityCompany
Shares1,519,378
Max PriceAU$1.00
BuyAU$593,65419 Mar 19
Trimantium Capital Pty Ltd
EntityCompany
Shares600,000
Max PriceAU$0.99
SellAU$5,516,52019 Mar 19
Trimantium International Holdings Pty Ltd
EntityCompany
Shares5,516,525
Max PriceAU$1.00
BuyAU$73,52423 Dec 18
Asia Selangor Investments Pty Ltd
EntityCompany
Shares73,524
Max PriceAU$1.00
BuyAU$1,632,00623 Dec 18
Asia Selangor Investments Pty Ltd
EntityCompany
Shares1,718,169
Max PriceAU$0.95
BuyAU$500,00014 Dec 18
Trimantium Capital Pty Ltd
EntityCompany
Shares500,000
Max PriceAU$1.00
BuyAU$100,00010 Dec 18
Trimantium Capital Pty Ltd
EntityCompany
Shares100,000
Max PriceAU$1.00
BuyAU$98,64628 Aug 18
Asia Selangor Investments Pty Ltd
EntityCompany
Shares76,050
Max PriceAU$1.30
BuyAU$586,15027 Aug 18
VBS Investments Proprietary Limited, Asset Management Arm
EntityCompany
Shares468,920
Max PriceAU$1.25
BuyAU$8,929,73227 Aug 18
North Ridge Partners Pty Limited, Asset Management Arm
EntityCompany
Shares7,143,789
Max PriceAU$1.25
BuyAU$141,23827 Aug 18
Roger Sharp
EntityIndividual
Shares112,990
Max PriceAU$1.25
BuyAU$457,09527 Aug 18
Christine Sharp
EntityIndividual
Shares365,676
Max PriceAU$1.25
BuyAU$1,156,86627 Aug 18
Wentworth Financial Pty Ltd, Asset Management Arm
EntityCompany
Shares925,493
Max PriceAU$1.25

Ownership Breakdown


Management Team

  • Paul Mansfield

    CEO, MD & Director

    • Tenure: 1.1yrs
    • Compensation: A$74.64k
  • Joshua Stephens

    Chief Creative Officer

  • Dustine Pang

    CFO & Company Secretary

    • Tenure: 1.9yrs
    • Compensation: A$507.20k
  • Angus Parker

    Chief Operating Officer

  • Tony Mathers

    Head of Practice

    • Tenure: 0.5yrs
  • Phillip Kingston

    Founder & Executive Director

    • Compensation: A$74.67k
  • Julie Parkinson

    Chief Culture Officer

  • Dave Kuhn

    Group Director of Technology

  • Monika Kwiatkowski (35yo)

    Head of Corporate Development & Investor Relations

    • Tenure: 0.3yrs

Board Members

  • Paul Mansfield

    CEO, MD & Director

    • Tenure: 1.8yrs
    • Compensation: A$74.64k
  • Dominique Fisher (62yo)

    Independent Non-Executive Chairman

    • Tenure: 1.8yrs
    • Compensation: A$28.19k
  • Phillip Kingston

    Founder & Executive Director

    • Tenure: 1.9yrs
    • Compensation: A$74.67k
  • Melissa Field

    Non-Executive Director

    • Tenure: 1.8yrs
    • Compensation: A$21.14k

Company Information

Trimantium GrowthOps Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Trimantium GrowthOps Limited
  • Ticker: TGO
  • Exchange: ASX
  • Founded: 2008
  • Industry: it consulting and other services
  • Sector: software
  • Market Cap: AU$66.687m
  • Shares outstanding: 138.93m
  • Website: Click here

Number of Employees


Location

  • Trimantium GrowthOps Limited
  • 31 Queen Street
  • Level 11
  • Melbourne
  • Victoria
  • 3000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TGOASX (Australian Securities Exchange)YesOrdinary SharesAUAUDMar 2018

Biography

Trimantium GrowthOps Limited provides business transformation services to medium and large organizations across Asia and Oceania. The company performs various tasks required to create and implement new pro ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/07/20 10:40
End of Day Share Price2019/07/19 00:00
Earnings2018/12/31
Annual Earnings2018/06/30


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.