AD8 Stock Overview
Audinate Group Limited develops and sells digital audio visual (AV) networking solutions worldwide.
No risks detected for AD8 from our risk checks.
Audinate Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$9.04|
|52 Week High||AU$11.01|
|52 Week Low||AU$4.99|
|1 Month Change||19.58%|
|3 Month Change||63.77%|
|1 Year Change||-13.33%|
|3 Year Change||25.38%|
|5 Year Change||447.88%|
|Change since IPO||490.85%|
Recent News & Updates
Brokers Are Upgrading Their Views On Audinate Group Limited (ASX:AD8) With These New Forecasts
Celebrations may be in order for Audinate Group Limited ( ASX:AD8 ) shareholders, with the analysts delivering a...
What Is Audinate Group Limited's (ASX:AD8) Share Price Doing?
Audinate Group Limited ( ASX:AD8 ), might not be a large cap stock, but it led the ASX gainers with a relatively large...
|AD8||AU Electronic||AU Market|
Return vs Industry: AD8 exceeded the Australian Electronic industry which returned -33.5% over the past year.
Return vs Market: AD8 underperformed the Australian Market which returned -8.8% over the past year.
|AD8 Average Weekly Movement||7.9%|
|Electronic Industry Average Movement||11.3%|
|Market Average Movement||10.5%|
|10% most volatile stocks in AU Market||17.8%|
|10% least volatile stocks in AU Market||4.6%|
Stable Share Price: AD8 is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: AD8's weekly volatility (8%) has been stable over the past year.
About the Company
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|
Is AD8 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|AD8 income statement (TTM)|
|Cost of Revenue||AU$9.25m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Aug 21, 2022
|Earnings per share (EPS)||-0.057|
|Net Profit Margin||-11.46%|
How did AD8 perform over the long term?See historical performance and comparison
Is AD8 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for AD8?
Other financial metrics that can be useful for relative valuation.
|What is AD8's n/a Ratio?|
Price to Sales Ratio vs Peers
How does AD8's PS Ratio compare to its peers?
|AD8 PS Ratio vs Peers|
|Company||PS||Estimated Growth||Market Cap|
DDR Dicker Data
CAT Catapult Group International
RWL Rubicon Water
AD8 Audinate Group
Price-To-Sales vs Peers: AD8 is expensive based on its Price-To-Sales Ratio (18.3x) compared to the peer average (2.3x).
Price to Earnings Ratio vs Industry
How does AD8's PE Ratio compare vs other companies in the AU Electronic Industry?
Price-To-Sales vs Industry: AD8 is expensive based on its Price-To-Sales Ratio (18.3x) compared to the Australian Electronic industry average (2.3x)
Price to Sales Ratio vs Fair Ratio
What is AD8's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PS Ratio||18.3x|
|Fair PS Ratio||40.5x|
Price-To-Sales vs Fair Ratio: AD8 is good value based on its Price-To-Sales Ratio (18.3x) compared to the estimated Fair Price-To-Sales Ratio (40.5x).
Share Price vs Fair Value
What is the Fair Price of AD8 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: AD8 (A$9.04) is trading below our estimate of fair value (A$9.57)
Significantly Below Fair Value: AD8 is trading below fair value, but not by a significant amount.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is less than 20% higher than the current share price.
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How is Audinate Group forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Future Growth Score5/6
Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 (1.8%).
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 is expected to become profitable in the next 3 years.
Revenue vs Market: AD8's revenue (26.7% per year) is forecast to grow faster than the Australian market (6% per year).
High Growth Revenue: AD8's revenue (26.7% 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 (1.1%).
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How has Audinate Group performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
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 33.8% 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 (-39.5%).
Return on Equity
High ROE: AD8 has a negative Return on Equity (-5.67%), as it is currently unprofitable.
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How is Audinate Group's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: AD8's short term assets (A$67.2M) exceed its short term liabilities (A$7.8M).
Long Term Liabilities: AD8's short term assets (A$67.2M) exceed its long term liabilities (A$1.4M).
Debt to Equity History and Analysis
Debt Level: AD8 is debt free.
Reducing Debt: AD8 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: 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.
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What is Audinate Group current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
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.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as AD8 has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
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 ($USD590.03K) is about average for companies of similar size in the Australian market ($USD806.01K).
Compensation vs Earnings: Aidan's compensation has increased whilst the company is unprofitable.
Experienced Management: AD8's management team is considered experienced (2.9 years average tenure).
Experienced Board: AD8's board of directors are considered experienced (5.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AD8 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.
Audinate Group Limited's employee growth, exchange listings and data sources
- Name: Audinate Group Limited
- Ticker: AD8
- Exchange: ASX
- Founded: 2003
- Industry: Electronic Manufacturing Services
- Sector: Tech
- Implied Market Cap: AU$709.198m
- Shares outstanding: 77.17m
- Website: https://www.audinate.com
Number of Employees
- Audinate Group Limited
- 64 Kippax Street
- Level 7
- Surry Hills
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/11 00:00|
|End of Day Share Price||2022/08/11 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.