Executive Summary
Beam Communications Holdings Limited designs, develops, manufactures, and distributes a range of satellite communication terminals, docking units, and handheld phone accessories.
Snowflake Analysis
Flawless balance sheet and fair value.
Share Price & News
How has Beam Communications Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BCC's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-4.8%
BCC
-7.3%
AU Communications
2.6%
AU Market
1 Year Return
n/a
BCC
11.9%
AU Communications
19.8%
AU Market
Return vs Industry: Insufficient data to determine how BCC performed against the Australian Communications industry.
Return vs Market: Insufficient data to determine how BCC performed against the Australian Market.
Shareholder returns
| BCC | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.8% | -7.3% | 2.6% |
| 30 Day | 22.4% | 0.6% | 4.0% |
| 90 Day | 36.4% | -3.6% | 5.7% |
| 1 Year | n/a | 13.9%11.9% | 25.2%19.8% |
| 3 Year | 57.9%57.9% | 33.9%27.1% | 40.7%21.9% |
| 5 Year | 160.9%160.9% | 43.4%28.8% | 62.0%25.5% |
Price Volatility Vs. Market
How volatile is Beam Communications Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Read This Before Judging Beam Communications Holdings Limited's (ASX:BCC) ROE1 month ago | Simply Wall St
Does Beam Communications Holdings Limited's (ASX:BCC) CEO Pay Reflect Performance?2 months ago | Simply Wall St
What Kind Of Shareholder Owns Most Beam Communications Holdings Limited (ASX:BCC) Stock?Valuation
Is Beam Communications Holdings 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: BCC (A$0.3) is trading below our estimate of fair value (A$1.28)
Significantly Below Fair Value: BCC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BCC is poor value based on its PE Ratio (46x) compared to the Communications industry average (30x).
PE vs Market: BCC is poor value based on its PE Ratio (46x) compared to the Australian market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BCC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BCC is good value based on its PB Ratio (2x) compared to the AU Communications industry average (3.9x).
Next Steps
Future Growth
How is Beam Communications Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
21.4%
Forecasted Tech 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 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 SimplyWall St do have past financial data.
Next Steps
- Examine whether Beam Communications Holdings is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Beam Communications Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
Past Performance
How has Beam Communications Holdings performed over the past 5 years?
-53.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BCC has high quality earnings.
Growing Profit Margin: BCC became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: BCC's earnings have declined by -53% per year over the past 5 years.
Accelerating Growth: BCC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: BCC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Communications industry (6.8%).
Return on Equity
High ROE: BCC's Return on Equity (4.4%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Beam Communications Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: BCC's short term assets (A$7.5M) exceed its short term liabilities (A$5.6M).
Long Term Liabilities: BCC's short term assets (A$7.5M) exceed its long term liabilities (A$674.4K).
Debt to Equity History and Analysis
Debt Level: BCC's debt to equity ratio (20.4%) is considered satisfactory.
Reducing Debt: BCC's debt to equity ratio has reduced from 389% to 20.4% over the past 5 years.
Debt Coverage: BCC's debt is well covered by operating cash flow (129.3%).
Interest Coverage: BCC's interest payments on its debt are well covered by EBIT (8.8x coverage).
Balance Sheet
Inventory Level: BCC has a high level of physical assets or inventory.
Debt Coverage by Assets: BCC's debt is covered by short term assets (assets are 4.7x debt).
Next Steps
Dividend
What is Beam Communications Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate BCC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate BCC's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BCC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BCC'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 BCC'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 Beam Communications Holdings's salary, the management and board of directors tenure and is there insider trading?
11.8yrs
Average management tenure
CEO
Michael Capocchi (48yo)
11.8yrs
Tenure
AU$735,574
Compensation
Mr. Michael Ian Capocchi has been the Managing Director of World Reach Limited (formerly Tele Ip Ltd) since March 20, 2008 and serves as its Chief Executive Officer. Mr. Capocchi served as the Acting Chief ...
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD507.64K) is above average for companies of similar size in the Australian market ($USD262.68K).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
Management Age and Tenure
11.8yrs
Average Tenure
Experienced Management: BCC's management team is seasoned and experienced (11.8 years average tenure).
Board Age and Tenure
3.1yrs
Average Tenure
46.5yo
Average Age
Experienced Board: BCC's board of directors are considered experienced (3.1 years average tenure).
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
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Director |
| Shares | 169,000 |
| Max Price | AU$0.22 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Director |
| Shares | 196,000 |
| Max Price | AU$0.23 |
| Entity | Individual |
| Role | Chairman of the Board Independent Non-Executive Chairman |
| Shares | 21,400 |
| Max Price | AU$0.19 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Director |
| Shares | 3,833,333 |
| Max Price | AU$0.25 |
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.8%.
Management Team
Michael Capocchi (48yo)
CEO, MD & Executive Director
- Tenure: 11.8yrs
- Compensation: AU$735.57k
D. Cooke
Manager of Marketing & Business Solutions
Dennis Payne (70yo)
CFO & Company Secretary
- Tenure: 15yrs
- Compensation: AU$198.03k
W. Christie
Chief Technical Officer
- Tenure: 5.4yrs
- Compensation: AU$185.08k
Board Members
David Paul Stewart (65yo)
Non-Executive Director
- Tenure: 2.2yrs
- Compensation: AU$41.67k
Michael Capocchi (48yo)
CEO, MD & Executive Director
- Tenure: 11.8yrs
- Compensation: AU$735.57k
Simon Wallace (45yo)
Independent Non-Executive Chairman
- Tenure: 3.1yrs
- Compensation: AU$41.67k
Carl Hung (35yo)
Non-Executive Director
- Tenure: 6.9yrs
- Compensation: AU$41.67k
Company Information
Beam Communications Holdings Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Beam Communications Holdings Limited
- Ticker: BCC
- Exchange: ASX
- Founded: 1985
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: AU$16.391m
- Shares outstanding: 52.87m
- Website: https://www.beamcommunications.com
Number of Employees
Location
- Beam Communications Holdings Limited
- Unit 5/8 Anzed Court
- Mulgrave
- Victoria
- 3170
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BCC | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Aug 1994 |
| BCC | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Aug 1994 |
Biography
Beam Communications Holdings Limited designs, develops, manufactures, and distributes a range of satellite communication terminals, docking units, and handheld phone accessories. It also offers push-to-talk products, modems, antennas, and cables; gateways and cellular antennas; and data airtime services. In addition, the company sells its products through SatPhone Shop, an online store. It operates in Australia, the United States, the United Arab Emirates, the United Kingdom, China, Canada, Japan, 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 was incorporated in 1985 and is based in Mulgrave, Australia.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/20 10:38 |
| End of Day Share Price | 2020/01/20 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/06/30 |
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.