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Beam Communications Holdings

ASX:BCC
Snowflake Description

Excellent balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BCC
ASX
A$15M
Market Cap
  1. Home
  2. AU
  3. Tech
Company description

Beam Communications Holdings Limited, a satellite telecommunications company, designs, develops, manufactures, and distributes a range of satellite phone equipment and related services. The last earnings update was 53 days ago. More info.


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  • Beam Communications Holdings has significant price volatility in the past 3 months.
BCC Share Price and Events
7 Day Returns
3.8%
ASX:BCC
-2.2%
AU Communications
-0%
AU Market
1 Year Returns
48.6%
ASX:BCC
-26.8%
AU Communications
4.9%
AU Market
BCC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Beam Communications Holdings (BCC) 3.8% 0% - 48.6% -1.8% 120%
AU Communications -2.2% 4.7% 19.6% -26.8% -63.7% 69.1%
AU Market -0% 1.4% 6.5% 4.9% 18.2% 4.8%
1 Year Return vs Industry and Market
  • BCC outperformed the Communications industry which returned -26.8% over the past year.
  • BCC outperformed the Market in Australia which returned 4.9% over the past year.
Price Volatility
BCC
Industry
5yr Volatility vs Market

Value

 Is Beam Communications Holdings 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
Here we compare the current share price of Beam Communications Holdings to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Beam Communications Holdings.

ASX:BCC Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 8.8%
Perpetual Growth Rate 10-Year AU Government Bond Rate 2.3%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for ASX:BCC
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year AU Govt Bond Rate 2.3%
Equity Risk Premium S&P Global 6%
Communications Unlevered Beta Simply Wall St/ S&P Global 1.09
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.09 (1 + (1- 30%) (6.5%))
1.094
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.09
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.31% + (1.094 * 5.96%)
8.83%

Discounted Cash Flow Calculation for ASX:BCC using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Beam Communications Holdings is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

ASX:BCC DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (AUD, Millions) Source Present Value
Discounted (@ 8.83%)
2019 0.07 Est @ -65.28% 0.07
2020 0.04 Est @ -45% 0.03
2021 0.03 Est @ -30.81% 0.02
2022 0.02 Est @ -20.87% 0.02
2023 0.02 Est @ -13.92% 0.01
2024 0.02 Est @ -9.05% 0.01
2025 0.02 Est @ -5.64% 0.01
2026 0.02 Est @ -3.25% 0.01
2027 0.02 Est @ -1.58% 0.01
2028 0.02 Est @ -0.42% 0.01
Present value of next 10 years cash flows A$0.20
ASX:BCC DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= A$0.02 × (1 + 2.31%) ÷ (8.83% – 2.31%)
A$0.25
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= A$0.25 ÷ (1 + 8.83%)10
A$0.11
ASX:BCC Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= A$0.20 + A$0.11
A$0.30
Equity Value per Share
(AUD)
= Total value / Shares Outstanding
= A$0.30 / 52.87
A$0.01
ASX:BCC Discount to Share Price
Calculation Result
Value per share (AUD) From above. A$0.01
Current discount Discount to share price of A$0.28
= -1 x (A$0.28 - A$0.01) / A$0.01
-4726%

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

  • The current share price of Beam Communications Holdings is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Beam Communications Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Beam Communications Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:BCC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.00
ASX:BCC Share Price ** ASX (2019-04-18) in AUD A$0.28
Global Communications Industry PE Ratio Median Figure of 94 Publicly-Listed Communications Companies 20.14x
Australia Market PE Ratio Median Figure of 544 Publicly-Listed Companies 16.14x

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

** Primary Listing of Beam Communications Holdings.

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

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

= 0.28 ÷ 0.00

-57.87x

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

  • Beam Communications Holdings is loss making, we can't compare its value to the Global Communications industry average.
  • Beam Communications Holdings is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Beam Communications Holdings's expected growth come at a high price?
Raw Data
ASX:BCC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -57.87x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Global Communications Industry PEG Ratio Median Figure of 46 Publicly-Listed Communications Companies 1.04x
Australia Market PEG Ratio Median Figure of 360 Publicly-Listed Companies 1.35x

*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 Beam Communications Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Beam Communications Holdings's assets?
Raw Data
ASX:BCC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.15
ASX:BCC Share Price * ASX (2019-04-18) in AUD A$0.28
Australia Communications Industry PB Ratio Median Figure of 6 Publicly-Listed Communications Companies 2.31x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.67x
ASX:BCC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.28 ÷ 0.15

1.78x

* Primary Listing of Beam Communications Holdings.

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

  • Beam Communications Holdings is good value based on assets compared to the AU Communications industry average.
X
Value checks
We assess Beam Communications Holdings'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 Communications 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 Communications industry average (and greater than 0)? (1 check)
  5. Beam Communications Holdings has a total score of 1/6, 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 Beam Communications Holdings 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 Beam Communications Holdings 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
19.4%
Expected Communications industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Beam Communications Holdings expected to grow at an attractive rate?
  • Unable to compare Beam Communications Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Beam Communications Holdings's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Beam Communications Holdings's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:BCC Future Growth Rates Data Sources
Data Point Source Value (per year)
Global Communications Industry Earnings Growth Rate Market Cap Weighted Average 19.4%
Global Communications Industry Revenue Growth Rate Market Cap Weighted Average 4.9%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.7%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.1%

*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:BCC 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:BCC Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
ASX:BCC Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 17 0 0
2018-09-30 14 -1 -1
2018-06-30 12 -2 -2
2018-03-31 11 -1 -1
2017-12-31 10 0 -1
2017-09-30 10 1 -1
2017-06-30 10 1 -1
2017-03-31 10 1 0
2016-12-31 10 1 0
2016-09-30 11 1 0
2016-06-30 12 1 0
2016-03-31 14 1 1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Beam Communications Holdings is high growth as no earnings estimate data is available.
  • Unable to determine if Beam Communications Holdings 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:BCC 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 Beam Communications Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:BCC Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
ASX:BCC Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.00
2018-09-30 -0.02
2018-06-30 -0.03
2018-03-31 -0.03
2017-12-31 -0.02
2017-09-30 -0.02
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 0.00
2016-09-30 0.00
2016-06-30 0.01
2016-03-31 0.03

*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 Beam Communications Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Beam Communications Holdings'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. Beam Communications Holdings'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 Tech companies here
  3. Beam Communications Holdings'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 Beam Communications Holdings'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 Global market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Global 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.
Beam Communications Holdings 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 Beam Communications Holdings 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 Beam Communications Holdings's growth in the last year to its industry (Communications).
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.
  • Beam Communications Holdings does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Beam Communications Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Beam Communications Holdings's 1-year growth to the Global Communications industry average as it is not currently profitable.
Earnings and Revenue History
Beam Communications Holdings'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 Beam Communications Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:BCC 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 17.06 -0.25 4.00
2018-09-30 14.35 -0.91 3.91
2018-06-30 11.64 -1.57 3.83
2018-03-31 10.93 -1.21 3.76
2017-12-31 10.23 -0.86 3.69
2017-09-30 10.06 -0.71 3.47
2017-06-30 9.88 -0.56 3.25
2017-03-31 10.09 -0.31 3.57 -0.04
2016-12-31 10.29 -0.06 3.89 -0.09
2016-09-30 11.33 0.21 4.19 -0.04
2016-06-30 12.38 0.48 4.49
2016-03-31 13.74 1.25 4.50 -0.18
2015-12-31 15.11 2.03 4.52 -0.36
2015-09-30 16.04 2.02 4.28 -0.18
2015-06-30 16.97 2.01 4.05
2015-03-31 16.38 1.36 3.63 0.19
2014-12-31 15.79 0.70 3.22 0.38
2014-09-30 14.21 0.57 2.97 0.19
2014-06-30 12.63 0.44 2.72
2014-03-31 13.43 0.18 2.65 0.04
2013-12-31 14.23 -0.09 2.58 0.07
2013-09-30 14.15 -0.46 2.72 0.04
2013-06-30 14.07 -0.84 2.85
2013-03-31 12.58 -1.03 2.92
2012-12-31 11.08 -1.22 2.99
2012-09-30 12.03 -0.74 2.96
2012-06-30 12.99 -0.25 2.93

*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 Beam Communications Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Beam Communications Holdings has efficiently used its assets last year compared to the Global Communications industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Beam Communications Holdings 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 Beam Communications Holdings'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 Communications 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.
Beam Communications Holdings 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 Beam Communications Holdings'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 Beam Communications Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Beam Communications Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Beam Communications Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Beam Communications Holdings'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.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 7.6x debt.
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 Beam Communications Holdings Company Filings, last reported 3 months ago.

ASX:BCC Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 8.18 0.94 1.51
2018-09-30 8.18 0.94 1.51
2018-06-30 7.45 0.00 0.53
2018-03-31 7.45 0.00 0.53
2017-12-31 8.43 0.00 1.05
2017-09-30 8.43 0.00 1.05
2017-06-30 7.15 0.00 0.60
2017-03-31 7.15 0.00 0.60
2016-12-31 7.43 0.00 0.77
2016-09-30 7.43 0.00 0.77
2016-06-30 7.71 0.00 2.29
2016-03-31 7.71 0.00 2.29
2015-12-31 7.31 0.00 1.71
2015-09-30 7.31 0.00 1.71
2015-06-30 6.85 0.59 3.13
2015-03-31 6.85 0.59 3.13
2014-12-31 4.88 0.85 1.29
2014-09-30 4.88 0.85 1.29
2014-06-30 0.81 3.36 0.23
2014-03-31 0.81 3.36 0.23
2013-12-31 -0.05 3.82 0.45
2013-09-30 -0.05 3.82 0.45
2013-06-30 -0.29 4.53 1.32
2013-03-31 -0.29 4.53 1.32
2012-12-31 -0.70 4.63 0.28
2012-09-30 -0.70 4.63 0.28
2012-06-30 -0.05 4.81 0.71
  • Beam Communications Holdings's level of debt (11.5%) compared to net worth is satisfactory (less than 40%).
  • Beam Communications Holdings had negative shareholder equity 5 years ago, it is now positive therefore their debt level has improved.
  • Debt is well covered by operating cash flow (32.6%, greater than 20% of total debt).
  • Beam Communications Holdings is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Beam Communications Holdings'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. Beam Communications Holdings has a total score of 5/6, 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 Beam Communications Holdings'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 Beam Communications Holdings dividends.
If you bought A$2,000 of Beam Communications Holdings 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 Beam Communications Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Beam Communications Holdings'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:BCC 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
Global Communications Industry Average Dividend Yield Market Cap Weighted Average of 49 Stocks 2.3%
Australia Market Average Dividend Yield Market Cap Weighted Average of 417 Stocks 4.3%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.5%
Australia Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

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

ASX:BCC 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 Beam Communications Holdings has not reported any payouts.
  • Unable to verify if Beam Communications Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Beam Communications Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Beam Communications Holdings 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 Beam Communications Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - 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 Beam Communications Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Beam Communications Holdings 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 Beam Communications Holdings'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
Michael Capocchi
COMPENSATION A$603,178
AGE 47
TENURE AS CEO 11.1 years
CEO Bio

Mr. Michael Ian Capocchi has been the Managing Director of World Reach Limited (formerly Tele Ip Ltd) since March 20, 2008 and serves as its Chief Executive Officer. Mr. Capocchi served as the Acting Chief Executive Officer of World Reach Limited since May 3, 2007 and also served as its Vice President of Global Sales and Distribution. He also served as a General Manager of Beam Communications Pty Ltd., since April 23, 2007. He served as a General Manager of the Beam Satelite Communications Business since its establishment as a start up venture in 2002. He has commercial and people management experience in the telecommunications sector. Mr. Capocchi has had over 14 years of experience in ICT industry and has held several senior management positions. Prior to joining World Reach, he served as Regional Sales Director for Iridium directly managing the sales, management strategies for the Asia-Pacific region. Mr. Capocchi served as a Sales & Marketing Director of Pacific Internet responsible for establishment of Australian operations and with Optus Communications and Myer Stores Limited. Mr. Capocchi serves as an Executive Director of World Reach Limited.

CEO Compensation
  • Michael's compensation has increased whilst company is loss making.
  • Michael's remuneration is higher than average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the Beam Communications Holdings management team in years:

11.1
Average Tenure
  • The average tenure for the Beam Communications Holdings management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Michael Capocchi

TITLE
CEO, MD & Executive Director
COMPENSATION
A$603K
AGE
47
TENURE
11.1 yrs

Dennis Payne

TITLE
CFO & Company Secretary
COMPENSATION
A$200K
AGE
69
TENURE
14.3 yrs

W. Christie

TITLE
Chief Technical Officer
COMPENSATION
A$188K
TENURE
4.7 yrs

D. Cooke

TITLE
Manager of Marketing & Business Solutions
Board of Directors Tenure

Average tenure and age of the Beam Communications Holdings board of directors in years:

2.3
Average Tenure
45.5
Average Age
  • The average tenure for the Beam Communications Holdings board of directors is less than 3 years, this suggests a new board.
Board of Directors

Simon Wallace

TITLE
Non-Executive Chairman
COMPENSATION
A$44K
AGE
44
TENURE
2.3 yrs

Michael Capocchi

TITLE
CEO, MD & Executive Director
COMPENSATION
A$603K
AGE
47

Carl Hung

TITLE
Independent Non-Executive Director
COMPENSATION
A$44K
AGE
34
TENURE
6.2 yrs

David Paul Stewart

TITLE
Non-Executive Director
COMPENSATION
A$28K
AGE
64
TENURE
1.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
X
Management checks
We assess Beam Communications Holdings'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. Beam Communications Holdings 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

Does Beam Communications Holdings Limited's (ASX:BCC) CEO Pay Compare Well With Peers?

In 2008 Michael Capocchi was appointed CEO of Beam Communications Holdings Limited (ASX:BCC). … How Does Michael Capocchi's Compensation Compare With Similar Sized Companies. … Our data indicates that Beam Communications Holdings Limited is worth AU$12m, and total annual CEO compensation is AU$603k.

Simply Wall St -

Investors Who Bought Beam Communications Holdings (ASX:BCC) Shares Three Years Ago Are Now Down 38%

While it may not be enough for some shareholders, we think it is good to see the Beam Communications Holdings Limited (ASX:BCC) share price up 15% in a single quarter. … Beam Communications Holdings isn't a profitable company, so it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). … Over three years, Beam Communications Holdings grew revenue at 1.9% per year.

Simply Wall St -

Do Insiders Own Shares In Beam Communications Holdings Limited (ASX:BCC)?

If you want to know who really controls Beam Communications Holdings Limited (ASX:BCC), then you'll have to look at the makeup of its share registry. … With a market capitalization of AU$9.5m, Beam Communications Holdings is a small cap stock, so it might not be well known by many institutional investors. … View our latest analysis for Beam Communications Holdings

Simply Wall St -

Is Beam Communications Holdings Limited's (ASX:BCC) CEO Paid Enough Relative To Peers?

This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … According to our data, Beam Communications Holdings Limited has a market capitalization of AU$6.7m, and pays its CEO total annual compensation worth AU$603k. … We examined a group of similar sized companies, with market capitalizations of below AU$272m

Simply Wall St -

Company Info

Description

Beam Communications Holdings Limited, a satellite telecommunications company, designs, develops, manufactures, and distributes a range of satellite phone equipment and related services. The company offers satellite communication terminals, accessories, and data airtime services. It also provides handsets, accessories, SIM cards, and payment options on hardware, as well as pre-paid airtime services through SatPhoneShop.com, an online store. In addition, the company offers satellite equipment rental services for personal or enterprise needs. It operates in Australia, the United States, the United Kingdom, Canada, the United Arab Emirates, Japan, China, and internationally. The company was formerly known as World Reach Limited and changed its name to Beam Communications Holdings Limited in November 2018. Beam Communications Holdings Limited is based in Mulgrave, Australia.

Details
Name: Beam Communications Holdings Limited
BCC
Exchange: ASX
Founded:
A$14,540,199
52,873,452
Website: http://www.beamcommunications.com
Address: Beam Communications Holdings Limited
5/8 Anzed Court,
Mulgrave,
Victoria, 3170,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX BCC Ordinary Shares Australian Securities Exchange AU AUD 12. Aug 1994
Number of employees
Current staff
Staff numbers
0
Beam Communications Holdings employees.
Industry
Communications Equipment
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/21 10:32
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2017/08/30
Last earnings filing: 2019/02/27
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.