ASX:REF

Stock Analysis Report

Executive Summary

Reverse Corp Limited does not have significant operations.


Snowflake Analysis

Flawless balance sheet and fair value.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: REF has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

REF

-1.8%

AU Telecom

0.3%

AU Market


1 Year Return

-76.5%

REF

-10.7%

AU Telecom

-22.9%

AU Market

Return vs Industry: REF underperformed the Australian Telecom industry which returned -10.6% over the past year.

Return vs Market: REF underperformed the Australian Market which returned -22.8% over the past year.


Shareholder returns

REFIndustryMarket
7 Day0%-1.8%0.3%
30 Day0%-13.0%-27.8%
90 Day-20.0%-15.9%-30.0%
1 Year-52.1%-76.5%-7.5%-10.7%-19.4%-22.9%
3 Year-75.4%-95.8%-22.0%-32.9%-8.3%-20.8%
5 Year-80.1%-97.1%-34.9%-49.6%2.9%-20.3%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Reverse 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: REF (A$0) is trading below our estimate of fair value (A$0.03)

Significantly Below Fair Value: REF is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: REF is unprofitable, so we can't compare its PE Ratio to the Telecom industry average.

PE vs Market: REF 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 REF's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: REF is good value based on its PB Ratio (1.5x) compared to the AU Telecom industry average (1.8x).


Next Steps

Future Growth

How is Reverse forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.009%

Forecasted Telecom 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 Reverse 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

Past Performance

How has Reverse performed over the past 5 years?

-67.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: REF is currently unprofitable.

Growing Profit Margin: REF is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: REF is unprofitable, and losses have increased over the past 5 years at a rate of -67.4% per year.

Accelerating Growth: Unable to compare REF's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: REF is unprofitable, making it difficult to compare its past year earnings growth to the Telecom industry (-8.9%).


Return on Equity

High ROE: REF has a negative Return on Equity (-479.95%), as it is currently unprofitable.


Next Steps

Financial Health

How is Reverse's financial position?


Financial Position Analysis

Short Term Liabilities: REF's short term assets (A$245.9K) exceed its short term liabilities (A$3.6K).

Long Term Liabilities: REF has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: REF is debt free.

Reducing Debt: REF had no debt 5 years ago.


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if REF's debt is covered by short term assets.


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: REF has been profitable on average in the past, therefore cash runway is not a concern.

Forecast Cash Runway: REF has been profitable on average in the past, therefore cash runway is not a concern.


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

21.2yrs

Average board tenure


CEO

Reverse has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Peter Ritchie
Independent Non-Executive Chairman21.17yrsAU$95.22kno data
Richard Bell
Independent Non-Executive Director21.17yrsno data2.11% A$7.8k
Gary Hillberg
Independent Non-Executive Director14.42yrsAU$60.00k0.27% A$1.0k

21.2yrs

Average Tenure

Experienced Board: REF's board of directors are seasoned and experienced ( 21.2 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: REF 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 8.2%.


Top Shareholders

Company Information

Reverse Corp Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Reverse Corp Limited
  • Ticker: REF
  • Exchange: ASX
  • Founded: 1999
  • Industry: Integrated Telecommunication Services
  • Sector: Telecom
  • Market Cap: AU$371.442k
  • Shares outstanding: 92.86m
  • Website: https://www.reversecorp.com.au

Location

  • Reverse Corp Limited
  • 30 Little Cribb Street
  • Level 1
  • Milton
  • Queensland
  • 4064
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
REFASX (Australian Securities Exchange)YesOrdinary SharesAUAUDDec 2005
REFCHIA (Chi-X Australia)YesOrdinary SharesAUAUDDec 2005

Biography

Reverse Corp Limited does not have significant operations. Previously, it was engaged in the provision of reverse charge calling services in Australia. The company was founded in 1999 and is based in Milton, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/28 10:36
End of Day Share Price2020/01/14 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.