ASX:AYS

Stock Analysis Report

amaysim Australia

Executive Summary

amaysim Australia Limited operates as a mobile virtual network operator in Australia.


Snowflake Analysis

Overvalued with concerning outlook.

Share Price & News

How has amaysim Australia's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: AYS's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

AYS

4.3%

AU Wireless Telecom

0.3%

AU Market


1 Year Return

-60.8%

AYS

-6.7%

AU Wireless Telecom

-22.9%

AU Market

Return vs Industry: AYS underperformed the Australian Wireless Telecom industry which returned -6.7% over the past year.

Return vs Market: AYS underperformed the Australian Market which returned -22.9% over the past year.


Shareholder returns

AYSIndustryMarket
7 Day0%4.3%0.3%
30 Day-13.6%-5.8%-25.3%
90 Day-34.6%-7.4%-29.9%
1 Year-60.8%-60.8%-3.8%-6.7%-19.4%-22.9%
3 Year-84.6%-86.5%-3.7%-14.1%-8.3%-20.8%
5 Yearn/a-2.4%-14.3%2.9%-20.3%

Price Volatility Vs. Market

How volatile is amaysim Australia's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is amaysim Australia undervalued compared to its fair value and its price relative to the market?

35.02x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: AYS (A$0.26) is trading above our estimate of fair value (A$0.03)

Significantly Below Fair Value: AYS is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: AYS is poor value based on its PE Ratio (35x) compared to the Wireless Telecom industry average (14.5x).

PE vs Market: AYS is poor value based on its PE Ratio (35x) compared to the Australian market (12.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate AYS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: AYS is good value based on its PB Ratio (0.7x) compared to the XO Wireless Telecom industry average (1x).


Next Steps

Future Growth

How is amaysim Australia forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

4.7%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if AYS's forecast earnings growth is above the savings rate (1.1%).

Earnings vs Market: Insufficient data to determine if AYS's earnings are forecast to grow faster than the Australian market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: AYS's revenue (4.7% per year) is forecast to grow faster than the Australian market (4% per year).

High Growth Revenue: AYS's revenue (4.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AYS's Return on Equity is forecast to be low in 3 years time (11.8%).


Next Steps

Past Performance

How has amaysim Australia performed over the past 5 years?

-33.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AYS has a large one-off loss of A$659.0K impacting its December 31 2019 financial results.

Growing Profit Margin: AYS's current net profit margins (0.4%) are lower than last year (1.4%).


Past Earnings Growth Analysis

Earnings Trend: AYS's earnings have declined by -33.3% per year over the past 5 years.

Accelerating Growth: AYS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: AYS had negative earnings growth (-73%) over the past year, making it difficult to compare to the Wireless Telecom industry average (5%).


Return on Equity

High ROE: AYS's Return on Equity (1.8%) is considered low.


Next Steps

Financial Health

How is amaysim Australia's financial position?


Financial Position Analysis

Short Term Liabilities: AYS's short term assets (A$91.6M) do not cover its short term liabilities (A$104.1M).

Long Term Liabilities: AYS's short term assets (A$91.6M) exceed its long term liabilities (A$75.8M).


Debt to Equity History and Analysis

Debt Level: AYS's debt to equity ratio (59.2%) is considered high.

Reducing Debt: AYS's debt to equity ratio has increased from 6.6% to 59.2% over the past 5 years.

Debt Coverage: AYS's debt is not well covered by operating cash flow (15.3%).

Interest Coverage: AYS's interest payments on its debt are not well covered by EBIT (2.6x coverage).


Balance Sheet

Inventory Level: AYS has a low level of unsold assets or inventory.

Debt Coverage by Assets: AYS's debt is covered by short term assets (assets are 1.4x debt).


Next Steps

Dividend

What is amaysim Australia's current dividend yield, its reliability and sustainability?

2.74%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate AYS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate AYS'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 AYS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AYS's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: AYS is not paying a notable dividend for the Australian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of AYS'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?

1.3yrs

Average management tenure


CEO

Peter O'Connell (65yo)

1.67s

Tenure

AU$2,605,890

Compensation

Mr. Peter J. O'Connell, BA (Hons), LLB, founded amaysim Australia Limited in 2010 and has been its Chief Executive Officer and Managing Director since July 1, 2018. Mr. O'Connell has been the Chief Financi ...


CEO Compensation Analysis

Compensation vs Market: Peter's total compensation ($USD1.60M) is above average for companies of similar size in the Australian market ($USD245.34K).

Compensation vs Earnings: Peter's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Peter O'Connell
Founder1.67yrsAU$2.61m1.27% A$990.1k
Gareth Turner
Chief Financial Officer1.33yrsAU$647.55k0.033% A$25.7k
Alexander Feldman
Chief Strategy Officerno dataAU$565.17k0.015% A$11.5k
Isaac Ward
Chief Commercial Officer2.17yrsAU$570.62k0.0052% A$4.0k
Richard Dean
Chief Technology Officer1.17yrsno datano data
Mark Chen
Head of Investor Relationsno datano datano data
Renee Garner
Chief Marketing Officer0.42yrno datano data

1.3yrs

Average Tenure

Experienced Management: AYS's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Peter O'Connell
Founder1.67yrsAU$2.61m1.27% A$990.1k
Goetz Maeuser
Independent Non-Executive Director1.42yrsAU$68.12kno data
Andrew Reitzer
Independent Non-Executive Chairman4.75yrsAU$200.00k0.040% A$31.5k
Jodie Sangster
Independent Non-Executive Director4.75yrsAU$100.00k0.0058% A$4.5k
Rupert Greenhough
Non-Executive Directorno datano datano data
Craig Jackson
Independent Non-Executive Director1.33yrsAU$80.28kno data

4.8yrs

Average Tenure

64yo

Average Age

Experienced Board: AYS's board of directors are considered experienced (4.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: AYS insiders have only sold shares 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 31.2%.


Top Shareholders

Company Information

amaysim Australia Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: amaysim Australia Limited
  • Ticker: AYS
  • Exchange: ASX
  • Founded: 2010
  • Industry: Wireless Telecommunication Services
  • Sector: Telecom
  • Market Cap: AU$78.178m
  • Shares outstanding: 289.55m
  • Website: https://www.amaysim.com.au

Number of Employees


Location

  • amaysim Australia Limited
  • 17-19 Bridge Street
  • Level 6
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AYSASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJul 2015
AYSCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJul 2015
BRJDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJul 2015

Biography

amaysim Australia Limited operates as a mobile virtual network operator in Australia. It operates through two segments, Mobile and Energy. The company offers mobile services under the amaysim and Vaya names; and electricity and gas retail services. As of June 30, 2019, the company had 624 thousand mobile subscription customers; and 207 thousand energy subscribers. amaysim Australia Limited was founded in 2010 and is headquartered in Sydney, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/30 10:40
End of Day Share Price2020/03/30 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


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.