| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
AD8 Stock Overview
Audinate Group Limited develops and sells digital audio visual (AV) networking solutions worldwide.
Rewards
Risk Analysis
No risks detected for AD8 from our risk checks.
Audinate Group Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$7.67 |
| 52 Week High | AU$11.01 |
| 52 Week Low | AU$6.75 |
| Beta | 0.94 |
| 1 Month Change | -14.68% |
| 3 Month Change | -10.92% |
| 1 Year Change | -0.78% |
| 3 Year Change | 102.38% |
| 5 Year Change | n/a |
| Change since IPO | 401.31% |
Recent News & Updates
We're Not Worried About Audinate Group's (ASX:AD8) Cash Burn
There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...
Is There Now An Opportunity In Audinate Group Limited (ASX:AD8)?
Audinate Group Limited ( ASX:AD8 ), might not be a large cap stock, but it saw significant share price movement during...
At AU$10.03, Is It Time To Put Audinate Group Limited (ASX:AD8) On Your Watch List?
While Audinate Group Limited ( ASX:AD8 ) might not be the most widely known stock at the moment, it saw a significant...
Shareholder Returns
| AD8 | AU Electronic | AU Market | |
|---|---|---|---|
| 7D | -4.1% | -3.5% | -0.5% |
| 1Y | -0.8% | 34.6% | 8.4% |
Return vs Industry: AD8 underperformed the Australian Electronic industry which returned 34.6% over the past year.
Return vs Market: AD8 underperformed the Australian Market which returned 8.4% over the past year.
Price Volatility
| AD8 volatility | |
|---|---|
| AD8 Average Weekly Movement | 5.0% |
| Electronic Industry Average Movement | 7.3% |
| Market Average Movement | 8.6% |
| 10% most volatile stocks in AU Market | 15.5% |
| 10% least volatile stocks in AU Market | 3.6% |
Stable Share Price: AD8 is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: AD8's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2003 | 123 | Aidan Williams | https://www.audinate.com |
Audinate Group Limited develops and sells digital audio visual (AV) networking solutions worldwide. The company provides Dante, a technology platform that distributes digital audio and video signals over computer networks to original equipment manufacturers. It offers software products, such as Dante Controller, a real-time network monitoring device; Dante Virtual Soundcard that provides access to various audio devices on the network; Dante Via, a software that delivers multi-channel routing of computer-based audio; and Dante Domain Manager, as well as Dante AVIO adapter, an audio networking solution.
Audinate Group Fundamentals Summary
| AD8 fundamental statistics | |
|---|---|
| Market Cap | AU$590.26m |
| Earnings (TTM) | -AU$3.44m |
| Revenue (TTM) | AU$33.37m |
17.7x
P/S Ratio-171.5x
P/E RatioIs AD8 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| AD8 income statement (TTM) | |
|---|---|
| Revenue | AU$33.37m |
| Cost of Revenue | AU$7.87m |
| Gross Profit | AU$25.50m |
| Expenses | AU$28.95m |
| Earnings | -AU$3.44m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.045 |
| Gross Margin | 76.43% |
| Net Profit Margin | -10.31% |
| Debt/Equity Ratio | 0% |
How did AD8 perform over the long term?
See historical performance and comparisonValuation
Is Audinate Group undervalued compared to its fair value and its price relative to the market?
7.49x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: AD8 (A$7.67) is trading above our estimate of fair value (A$6.42)
Significantly Below Fair Value: AD8 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: AD8 is unprofitable, so we can't compare its PE Ratio to the Australian Electronic industry average.
PE vs Market: AD8 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 AD8's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AD8 is overvalued based on its PB Ratio (7.5x) compared to the AU Electronic industry average (4.4x).
Future Growth
How is Audinate Group forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
74.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AD8 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: AD8 is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: AD8's is expected to become profitable in the next 3 years.
Revenue vs Market: AD8's revenue (28% per year) is forecast to grow faster than the Australian market (4.8% per year).
High Growth Revenue: AD8's revenue (28% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AD8's Return on Equity is forecast to be low in 3 years time (5.8%).
Past Performance
How has Audinate Group performed over the past 5 years?
31.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AD8 is currently unprofitable.
Growing Profit Margin: AD8 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AD8 is unprofitable, but has reduced losses over the past 5 years at a rate of 31.9% per year.
Accelerating Growth: Unable to compare AD8's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AD8 is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (178.2%).
Return on Equity
High ROE: AD8 has a negative Return on Equity (-4.36%), as it is currently unprofitable.
Financial Health
How is Audinate Group's financial position?
Financial Position Analysis
Short Term Liabilities: AD8's short term assets (A$71.8M) exceed its short term liabilities (A$9.2M).
Long Term Liabilities: AD8's short term assets (A$71.8M) exceed its long term liabilities (A$1.7M).
Debt to Equity History and Analysis
Debt Level: AD8 is debt free.
Reducing Debt: AD8 has not had any debt for past 5 years.
Balance Sheet
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: AD8 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if AD8 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Dividend
What is Audinate Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AD8's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AD8'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 AD8's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AD8'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 AD8's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.3yrs
Average management tenure
CEO
Aidan Williams
2.33yrs
Tenure
AU$831,701
Compensation
Mr. Aidan Williams is Co-Founder of Audinate Group Limited. He serves as Chief Executive Officer and Director at Audinate Group Limited since September 16, 2019 and served as its Chief Technology Officer s...
CEO Compensation Analysis
Compensation vs Market: Aidan's total compensation ($USD604.26K) is about average for companies of similar size in the Australian market ($USD742.62K).
Compensation vs Earnings: Aidan's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: AD8's management team is considered experienced (2.3 years average tenure).
Board Members
Experienced Board: AD8's board of directors are considered experienced (4.7 years average tenure).
Ownership
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
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Audinate Group Limited's employee growth, exchange listings and data sources
Key Information
- Name: Audinate Group Limited
- Ticker: AD8
- Exchange: ASX
- Founded: 2003
- Industry: Electronic Manufacturing Services
- Sector: Tech
- Implied Market Cap: AU$590.260m
- Shares outstanding: 76.96m
- Website: https://www.audinate.com
Number of Employees
Location
- Audinate Group Limited
- 64 Kippax Street
- Level 7
- Surry Hills
- New South Wales
- 2010
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/21 15:47 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
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.