Executive Summary
Spectur Limited designs, develops, manufactures, and sells remote solar sensing, thinking, and acting platforms, and related products and services in Australia. More Details
Risk Analysis
+ 1 more risk
Snowflake Analysis
Flawless balance sheet and overvalued.
Similar Companies
Share Price & News
How has Spectur's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SP3 is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 15% a week.
Volatility Over Time: SP3's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Australian stocks.
Market Performance
7 Day Return
0%
SP3
5.3%
AU Electronic
1.5%
AU Market
1 Year Return
-21.0%
SP3
40.6%
AU Electronic
-1.7%
AU Market
Return vs Industry: SP3 underperformed the Australian Electronic industry which returned 39.6% over the past year.
Return vs Market: SP3 underperformed the Australian Market which returned -1.3% over the past year.
Shareholder returns
| SP3 | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 5.3% | 1.5% |
| 30 Day | 12.2% | 12.6% | 2.4% |
| 90 Day | 59.6% | 9.5% | 11.1% |
| 1 Year | -21.0%-21.0% | 44.1%40.6% | 1.6%-1.7% |
| 3 Year | -78.4%-78.4% | 138.9%122.3% | 26.3%10.8% |
| 5 Year | n/a | 218.9%192.2% | 69.6%35.4% |
Long-Term Price Volatility Vs. Market
How volatile is Spectur's share price compared to the market and industry in the last 5 years?
Simply Wall St News
7 months ago | Simply Wall St
What Type Of Shareholder Owns Spectur Limited's (ASX:SP3)?8 months ago | Simply Wall St
Have Spectur Limited (ASX:SP3) Insiders Been Selling Their Stock?9 months ago | Simply Wall St
Have Insiders Been Selling Spectur Limited (ASX:SP3) Shares?Valuation
Is Spectur undervalued compared to its fair value and its price relative to the market?
2.48x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate SP3's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate SP3's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: SP3 is unprofitable, so we can't compare its PE Ratio to the XO Electronic industry average.
PE vs Market: SP3 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 SP3's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SP3 is good value based on its PB Ratio (2.5x) compared to the AU Electronic industry average (4x).
Next Steps
Future Growth
How is Spectur forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
24.8%
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 Spectur 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 Spectur'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.
- Spectur 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 Spectur performed over the past 5 years?
-36.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SP3 is currently unprofitable.
Growing Profit Margin: SP3 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SP3 is unprofitable, and losses have increased over the past 5 years at a rate of 36.2% per year.
Accelerating Growth: Unable to compare SP3's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SP3 is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-0.9%).
Return on Equity
High ROE: SP3 has a negative Return on Equity (-64.01%), as it is currently unprofitable.
Next Steps
Financial Health
How is Spectur's financial position?
Financial Position Analysis
Short Term Liabilities: SP3's short term assets (A$2.9M) exceed its short term liabilities (A$1.2M).
Long Term Liabilities: SP3's short term assets (A$2.9M) exceed its long term liabilities (A$301.2K).
Debt to Equity History and Analysis
Debt Level: SP3's debt to equity ratio (3.7%) is considered satisfactory.
Reducing Debt: SP3's debt to equity ratio has reduced from 41.6% to 3.7% over the 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: SP3 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SP3 has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 27.9% each year.
Next Steps
Dividend
What is Spectur current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SP3's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SP3'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 SP3's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SP3'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 SP3'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?
1.5yrs
Average management tenure
CEO
Gerard Dyson
1.5yrs
Tenure
AU$349,252
Compensation
Dr. Gerard John Dyson has been Managing Director of Spectur Limited since July 01, 2019 and serves as its Executive Director. Dr. Dyson served as Executive General Manager of Spectur Ltd. from April 2019 t...
CEO Compensation Analysis
Compensation vs Market: Gerard's total compensation ($USD268.76K) is about average for companies of similar size in the Australian market ($USD293.45K).
Compensation vs Earnings: Gerard's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Director | 1.5yrs | AU$349.25k | 1.38% A$ 119.9k | |
| Financial Controller | 0.25yr | no data | no data | |
| Chief Operating Officer | 1.5yrs | no data | no data | |
| Company Secretary | 3.58yrs | AU$2.03k | no data |
1.5yrs
Average Tenure
Experienced Management: SP3's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Director | 1.5yrs | AU$349.25k | 1.38% A$ 119.9k | |
| Independent Non-Executive Chairman | 2.25yrs | AU$79.20k | 2.05% A$ 178.5k | |
| Independent Non-Executive Director | 1.25yrs | AU$31.29k | 0.71% A$ 61.5k |
1.5yrs
Average Tenure
Experienced Board: SP3's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.
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 been diluted in the past year, with total shares outstanding growing by 40.6%.
Top Shareholders
Company Information
Spectur Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Spectur Limited
- Ticker: SP3
- Exchange: ASX
- Founded: 2009
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: AU$8.717m
- Shares outstanding: 106.31m
- Website: https://www.spectur.com.au
Number of Employees
Location
- Spectur Limited
- 12 Fargo Way
- Welshpool
- Western Australia
- 6106
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SP3 | CHIA (Chi-X Australia) | Yes | Fully Paid Ordinary Shares | AU | AUD | Aug 2017 |
| SP3 | ASX (Australian Securities Exchange) | Yes | Fully Paid Ordinary Shares | AU | AUD | Aug 2017 |
Biography
Spectur Limited designs, develops, manufactures, and sells remote solar sensing, thinking, and acting platforms, and related products and services in Australia. The company offers 3G/4G solar security, tim...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/20 07:09 |
| End of Day Share Price | 2021/01/20 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/06/30 |
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.