| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 4/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
ST1 Overview
Spirit Technology Solutions Ltd. provides telecommunication, cloud, managed IT, and cyber security services to small, medium, and enterprise size businesses in Australia.
Spirit Technology Solutions Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.27 |
| 52 Week High | AU$0.21 |
| 52 Week Low | AU$0.45 |
| Beta | 0.85 |
| 1 Month Change | 12.50% |
| 3 Month Change | -10.00% |
| 1 Year Change | -21.74% |
| 3 Year Change | 68.75% |
| 5 Year Change | 116.00% |
| Change since IPO | 134.78% |
Recent News & Updates
Shareholder Returns
| ST1 | AU Telecom | AU Market | |
|---|---|---|---|
| 7D | 12.5% | -0.6% | 0.8% |
| 1Y | -21.7% | 34.1% | 24.4% |
Return vs Industry: ST1 underperformed the Australian Telecom industry which returned 34.1% over the past year.
Return vs Market: ST1 underperformed the Australian Market which returned 24.4% over the past year.
Price Volatility
| ST1 volatility | |
|---|---|
| ST1 Beta | 0.85 |
| Industry Beta | 0.59 |
| Market Beta | 1 |
Stable Share Price: ST1 is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: ST1's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | n/a | Sol Lukatsky | https://www.spirit.com.au |
Spirit Technology Solutions Ltd. provides telecommunication, cloud, managed IT, and cyber security services to small, medium, and enterprise size businesses in Australia. The company offers managed IT services; cyber security; work from home; back-up internet connections and unified communications; personal and business internet; and IT support services. It also provides cyber security services; managed print and Wi-FI services; and cloud services.
Spirit Technology Solutions Fundamentals Summary
| ST1 fundamental statistics | |
|---|---|
| Market Cap | AU$177.23m |
| Earnings (TTM) | AU$1.16m |
| Revenue (TTM) | AU$102.79m |
153.4x
P/E Ratio1.7x
P/S RatioIs ST1 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ST1 income statement (TTM) | |
|---|---|
| Revenue | AU$102.79m |
| Cost of Revenue | AU$82.77m |
| Gross Profit | AU$20.02m |
| Expenses | AU$18.86m |
| Earnings | AU$1.16m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.0018 |
| Gross Margin | 19.47% |
| Net Profit Margin | 1.13% |
| Debt/Equity Ratio | 9.1% |
How did ST1 perform over the long term?
See historical performance and comparisonValuation
Is Spirit Technology Solutions undervalued compared to its fair value and its price relative to the market?
153.41x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate ST1's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ST1's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ST1 is poor value based on its PE Ratio (153.4x) compared to the Australian Telecom industry average (57.6x).
PE vs Market: ST1 is poor value based on its PE Ratio (153.4x) compared to the Australian market (20x).
Price to Earnings Growth Ratio
PEG Ratio: ST1 is poor value based on its PEG Ratio (3.3x)
Price to Book Ratio
PB vs Industry: ST1 is good value based on its PB Ratio (1.6x) compared to the AU Telecom industry average (3.4x).
Future Growth
How is Spirit Technology Solutions forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
46.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ST1's forecast earnings growth (46.7% per year) is above the savings rate (1.9%).
Earnings vs Market: ST1's earnings (46.7% per year) are forecast to grow faster than the Australian market (12.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ST1's revenue (14.5% per year) is forecast to grow faster than the Australian market (5.3% per year).
High Growth Revenue: ST1's revenue (14.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ST1's Return on Equity is forecast to be low in 3 years time (8.4%).
Past Performance
How has Spirit Technology Solutions performed over the past 5 years?
22.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ST1 has a large one-off loss of A$1.7M impacting its June 30 2021 financial results.
Growing Profit Margin: ST1 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: ST1 has become profitable over the past 5 years, growing earnings by 22.4% per year.
Accelerating Growth: ST1 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ST1 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Telecom industry (2.1%).
Return on Equity
High ROE: ST1's Return on Equity (1.1%) is considered low.
Financial Health
How is Spirit Technology Solutions's financial position?
Financial Position Analysis
Short Term Liabilities: ST1's short term assets (A$28.1M) do not cover its short term liabilities (A$43.0M).
Long Term Liabilities: ST1's short term assets (A$28.1M) exceed its long term liabilities (A$19.5M).
Debt to Equity History and Analysis
Debt Level: ST1's debt to equity ratio (9.1%) is considered satisfactory.
Reducing Debt: ST1's debt to equity ratio has reduced from 64.8% to 9.1% over the past 5 years.
Debt Coverage: ST1's debt is well covered by operating cash flow (50.5%).
Interest Coverage: ST1's interest payments on its debt are well covered by EBIT (5x coverage).
Balance Sheet
Dividend
What is Spirit Technology Solutions's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ST1's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ST1'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 ST1's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ST1'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 ST1'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?
2.1yrs
Average management tenure
CEO
Sol Lukatsky
2.08yrs
Tenure
AU$947,550
Compensation
Mr. Solomon Lukatsky, also known as Sol, has been an Executive Director of Spirit Technology Solutions Ltd. (formerly known as Spirit Telecom Limited) since June 21, 2019 and its Managing Director since Se...
CEO Compensation Analysis
Compensation vs Market: Sol's total compensation ($USD710.31K) is above average for companies of similar size in the Australian market ($USD301.38K).
Compensation vs Earnings: Sol's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: ST1's management team is considered experienced (2.1 years average tenure).
Board Members
Experienced Board: ST1's board of directors are not considered experienced ( 2.3 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 21.4%.
Top Shareholders
Company Information
Spirit Technology Solutions Ltd's employee growth, exchange listings and data sources
Key Information
- Name: Spirit Technology Solutions Ltd
- Ticker: ST1
- Exchange: ASX
- Founded: NaN
- Industry: Alternative Carriers
- Sector: Telecom
- Market Cap: AU$177.228m
- Shares outstanding: 656.40m
- Website: https://www.spirit.com.au
Location
- Spirit Technology Solutions Ltd
- 19-25 Raglan Street
- Level 2
- Melbourne
- Victoria
- 3205
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/26 16:27 |
| End of Day Share Price | 2021/10/26 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
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.