ASX:VLT

Stock Analysis Report

Vault Intelligence

Executive Summary

Vault Intelligence Limited provides cloud-based and mobile software products, and related services.

Snowflake

Fundamentals

Exceptional growth potential with mediocre balance sheet.

Share Price & News

How has Vault Intelligence's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

32.1%

VLT

-5.7%

AU Software

0.1%

AU Market


1 Year Return

27.6%

VLT

42.6%

AU Software

11.9%

AU Market

Return vs Industry: VLT underperformed the Australian Software industry which returned 42.6% over the past year.

Return vs Market: VLT exceeded the Australian Market which returned 11.9% over the past year.


Shareholder returns

VLTIndustryMarket
7 Day32.1%-5.7%0.1%
30 Day19.4%-6.0%-1.1%
90 Day42.3%-4.7%-1.4%
1 Year27.6%27.6%43.8%42.6%18.5%11.9%
3 Year5.7%5.7%125.8%116.7%36.4%18.1%
5 Yearn/a165.9%144.1%50.9%16.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: VLT (A$0.37) is trading below our estimate of fair value (A$1.11)

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


Price To Earnings Ratio

PE vs Industry: VLT is unprofitable, so we can't compare its PE Ratio to the Software industry average.

PE vs Market: VLT 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 VLT's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: VLT is overvalued based on its PB Ratio (10.8x) compared to the AU Software industry average (4.3x).


Next Steps

Future Growth

How is Vault Intelligence forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

64.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: VLT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.3%).

Earnings vs Market: VLT is forecast to become profitable over the next 3 year, which is considered above average market growth.

High Growth Earnings: VLT's loss is forecast to worsen by 0% next year.

Revenue vs Market: VLT's revenue (44.3% per year) is forecast to grow faster than the Australian market (3.6% per year).

High Growth Revenue: VLT's revenue (44.3% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: VLT's Return on Equity is forecast to be high in 3 years time (25.4%)


Next Steps

Past Performance

How has Vault Intelligence performed over the past 5 years?

-28.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: VLT is unprofitable, and losses have increased over the past 5 years at a rate of -28.9% per year.

Accelerating Growth: Unable to compare VLT's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: VLT is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (22.6%).


Return on Equity

High ROE: VLT has a negative Return on Equity (-131.62%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: VLT is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: VLT is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Vault Intelligence's financial position?


Financial Position Analysis

Short Term Liabilities: VLT's short term assets (A$3.0M) do not cover its short term liabilities (A$3.0M)

Long Term Liabilities: VLT's short term assets (3.0M) exceeds its long term liabilities (102.5K)


Debt to Equity History and Analysis

Debt Level: VLT's debt to equity ratio (3.5%) is considered satisfactory

Reducing Debt: VLT had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


Balance Sheet

Inventory Level: VLT has a low level of unsold assets or inventory.

Debt Coverage by Assets: VLT's debt is covered by short term assets (assets are 24.502500x 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.

Stable Cash Runway: VLT has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: VLT has less than a year of cash runway if free cash flow continues to reduce at historical rates of -39.2% each year


Next Steps

Dividend

What is Vault Intelligence's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.4%markettop25%5.6%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate VLT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate VLT's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if VLT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if VLT'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 VLT's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

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

0.8yrs

Average management tenure


CEO

David Moylan 0

0yrs

Tenure

AU$349,821

Compensation

Mr. David Moylan is the Founder and Chief Executive Officer at Vault Intelligence Ltd. (also known as Vault GRC Ltd.) and also has been its Managing Director since June 21, 2016 and Director since June 21, ...


CEO Compensation Analysis

Compensation vs. Market: David's total compensation ($USD240.06K) is about average for companies of similar size in the Australian market ($USD260.53K).

Compensation vs Earnings: David's compensation has increased whilst the company is unprofitable.


Management Age and Tenure

0.8yrs

Average Tenure

Experienced Management: VLT's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Age and Tenure

2.7yrs

Average Tenure

Experienced Board: VLT's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyAU$4,40012 Mar 19
David Rose
EntityIndividual
Role
Member of the Board of Directors
COO, Chief Information Officer & Executive Director
Shares25,000
Max PriceAU$0.18
BuyAU$4,20005 Feb 19
David Rose
EntityIndividual
Role
Member of the Board of Directors
COO, Chief Information Officer & Executive Director
Shares25,000
Max PriceAU$0.17
BuyAU$42,81205 Nov 18
Ross Jenkins
EntityIndividual
Role
Chairman of the Board
Non-Executive Chairperson
Shares200,000
Max PriceAU$0.21

Ownership Breakdown


Management Team

  • Paul Cullinan

    Chief Financial Officer

    • Tenure: 0.3yrs
  • David Moylan

    Founder

    • Tenure: 0yrs
    • Compensation: AU$349.82k
  • Graeme Ainsworth

    Chief Technology Officer

    • Tenure: 0yrs
  • David Rose

    COO, Chief Information Officer & Executive Director

    • Tenure: 2.1yrs
    • Compensation: AU$187.51k
  • Miguel Nasr

    Chief Product & Data Officer

    • Tenure: 1.4yrs
  • Graeme Smith

    Company Secretary

    • Tenure: 1.3yrs
  • Stephen Mummery

    General Manager of Sales

    • Tenure: 0.7yrs

Board Members

  • Rob Kirtlan (60yo)

    Non-Executive Director

    • Tenure: 7.9yrs
    • Compensation: AU$159.09k
  • David Moylan

    Founder

    • Tenure: 0yrs
    • Compensation: AU$349.82k
  • David Rose

    COO, Chief Information Officer & Executive Director

    • Tenure: 2.1yrs
    • Compensation: AU$187.51k
  • Ross Jenkins

    Non-Executive Chairperson

    • Tenure: 0.6yrs
    • Compensation: AU$107.34k

Company Information

Vault Intelligence Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Vault Intelligence Limited
  • Ticker: VLT
  • Exchange: ASX
  • Founded: 2010
  • Industry: Application Software
  • Sector: Software
  • Market Cap: AU$43.519m
  • Shares outstanding: 128.00m
  • Website: https://www.vaultintel.com

Location

  • Vault Intelligence Limited
  • 1 Nicholson Street
  • Level 18
  • East Melbourne
  • Victoria
  • 3002
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VLTASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJun 2016
VLTCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJun 2016

Biography

Vault Intelligence Limited provides cloud-based and mobile software products, and related services. It offers governance, risk management, compliance management, assets protection, and business intelligenc ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 10:39
End of Day Share Price2019/10/22 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.