Executive Summary
Saferoads Holdings Limited researches, designs, develops, produces, and sells road safety products and solutions that protect motorists, road construction workers, and pedestrians in Australia, New Zealand, and the United States.
Snowflake Analysis
Adequate balance sheet and overvalued.
Share Price & News
How has Saferoads Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SRH has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
2.7%
SRH
0.4%
AU Electronic
0.5%
AU Market
1 Year Return
-36.7%
SRH
85.7%
AU Electronic
19.0%
AU Market
Return vs Industry: SRH underperformed the Australian Electronic industry which returned 85.7% over the past year.
Return vs Market: SRH underperformed the Australian Market which returned 19% over the past year.
Shareholder returns
| SRH | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.7% | 0.4% | 0.5% |
| 30 Day | 5.6% | 1.1% | 0.2% |
| 90 Day | n/a | 10.1% | 0.4% |
| 1 Year | -36.7%-36.7% | 90.4%85.7% | 24.9%19.0% |
| 3 Year | 72.7%72.7% | 65.5%55.1% | 37.0%18.2% |
| 5 Year | 26.7%26.7% | 164.1%138.7% | 58.6%22.8% |
Price Volatility Vs. Market
How volatile is Saferoads Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Why Saferoads Holdings Limited's (ASX:SRH) CEO Pay Matters To You1 month ago | Simply Wall St
Did You Miss Saferoads Holdings's (ASX:SRH) 67% Share Price Gain?2 months ago | Simply Wall St
How Much Of Saferoads Holdings Limited (ASX:SRH) Do Insiders Own?Valuation
Is Saferoads Holdings undervalued compared to its fair value and its price relative to the market?
0.94x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate SRH's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate SRH's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: SRH is unprofitable, so we can't compare its PE Ratio to the Electronic industry average.
PE vs Market: SRH 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 SRH's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SRH is good value based on its PB Ratio (0.9x) compared to the AU Electronic industry average (4.4x).
Next Steps
Future Growth
How is Saferoads Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
45.1%
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 Saferoads 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 Saferoads 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.
- Saferoads 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 Saferoads Holdings performed over the past 5 years?
75.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SRH is currently unprofitable.
Growing Profit Margin: SRH is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SRH is unprofitable, but has reduced losses over the past 5 years at a rate of 75.6% per year.
Accelerating Growth: Unable to compare SRH's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SRH is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-74%).
Return on Equity
High ROE: SRH has a negative Return on Equity (-0.57%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Saferoads Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: SRH's short term assets (A$6.5M) exceed its short term liabilities (A$3.7M).
Long Term Liabilities: SRH's short term assets (A$6.5M) exceed its long term liabilities (A$4.4M).
Debt to Equity History and Analysis
Debt Level: SRH's debt to equity ratio (24.3%) is considered satisfactory.
Reducing Debt: SRH's debt to equity ratio has reduced from 88.7% to 24.3% over the past 5 years.
Balance Sheet
Inventory Level: SRH has a high level of physical assets or inventory.
Debt Coverage by Assets: SRH's debt is covered by short term assets (assets are 3.6x debt).
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: Insufficient data to determine if SRH has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SRH has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Next Steps
Dividend
What is Saferoads Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate SRH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate SRH'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 SRH's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SRH's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: SRH is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SRH'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 Saferoads Holdings's salary, the management and board of directors tenure and is there insider trading?
9.0yrs
Average board tenure
CEO
Darren Hotchkin (55yo)
7.7yrs
Tenure
AU$361,635
Compensation
Mr. Darren John Hotchkin Founded Saferoads Holdings Limited in 1992 and has been its Chief Executive Officer since June 30, 2012. Mr. Hotchkin served as an Acting Chief Executive Officer at Saferoads Holdi ...
CEO Compensation Analysis
Compensation vs Market: Darren's total compensation ($USD248.27K) is about average for companies of similar size in the Australian market ($USD262.50K).
Compensation vs Earnings: Darren's compensation has increased whilst the company is unprofitable.
Board Age and Tenure
9.0yrs
Average Tenure
67yo
Average Age
Experienced Board: SRH's board of directors are considered experienced (9 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 | Chairman of the Board Non-Executive Chairman |
| Shares | 60,000 |
| Max Price | AU$0.21 |
| Entity | Individual |
| Role | Chief Executive Officer Founder |
| Shares | 490,000 |
| Max Price | AU$0.22 |
| Entity | Individual |
| Role | Chief Executive Officer Founder |
| Shares | 127,370 |
| Max Price | AU$0.22 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Darren Hotchkin (55yo)
Founder
- Tenure: 7.7yrs
- Compensation: AU$361.64k
Casey McMaster
National Engineering Solutions Manager
- Tenure: 0yrs
- Compensation: AU$188.44k
Peter Fearns
CFO & Company Secretary
- Tenure: 8yrs
- Compensation: AU$194.46k
Board Members
Darren Hotchkin (55yo)
Founder
- Tenure: 7.7yrs
- Compensation: AU$361.64k
David Cleland (74yo)
Non Executive Director
- Tenure: 9yrs
- Compensation: AU$65.00k
David Albert Ashmore (67yo)
Non-Executive Chairman
- Tenure: 6.3yrs
- Compensation: AU$82.50k
Company Information
Saferoads Holdings Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Saferoads Holdings Limited
- Ticker: SRH
- Exchange: ASX
- Founded:
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: AU$6.916m
- Shares outstanding: 36.40m
- Website: https://www.saferoads.com.au
Location
- Saferoads Holdings Limited
- 22 Commercial Drive
- Pakenham
- Victoria
- 3810
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SRH | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Dec 2005 |
Biography
Saferoads Holdings Limited researches, designs, develops, produces, and sells road safety products and solutions that protect motorists, road construction workers, and pedestrians in Australia, New Zealand ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/14 10:34 |
| End of Day Share Price | 2019/12/12 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.