| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
VN8 Overview
Vonex Limited provides telecommunications services to business customers in Australia and the United States.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.14 |
| 52 Week High | AU$0.11 |
| 52 Week Low | AU$0.33 |
| Beta | 2.12 |
| 1 Month Change | -6.67% |
| 3 Month Change | 12.00% |
| 1 Year Change | -22.22% |
| 3 Year Change | 27.27% |
| 5 Year Change | n/a |
| Change since IPO | -17.65% |
Recent News & Updates
Trade Alert: The Non-executive Director Of Vonex Limited (ASX:VN8), Jason Gomersall, Has Just Spent AU$51k Buying A Few More Shares
Whilst it may not be a huge deal, we thought it was good to see that the Vonex Limited ( ASX:VN8 ) Non-executive...
Shareholder Returns
| VN8 | AU Telecom | AU Market | |
|---|---|---|---|
| 7D | 3.7% | -1.8% | 0.6% |
| 1Y | -22.2% | 30.7% | 21.3% |
Return vs Industry: VN8 underperformed the Australian Telecom industry which returned 30.7% over the past year.
Return vs Market: VN8 underperformed the Australian Market which returned 21.3% over the past year.
Price Volatility
| VN8 volatility | |
|---|---|
| VN8 Beta | 2.12 |
| Industry Beta | 0.59 |
| Market Beta | 1 |
Stable Share Price: VN8 is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: VN8's weekly volatility (11%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | n/a | Matt Fahey | https://www.vonex.com.au |
Vonex Limited provides telecommunications services to business customers in Australia and the United States. The company operates through Retail Telecommunications and Wholesale Telecommunications segments. It offers mobile, internet, traditional fixed lines, and hosted PBX and Voice over Internet Protocol services for the small to medium enterprise customers under the Vonex brand, as well as sells hardware.
Vonex Fundamentals Summary
| VN8 fundamental statistics | |
|---|---|
| Market Cap | AU$45.97m |
| Earnings (TTM) | -AU$3.98m |
| Revenue (TTM) | AU$18.26m |
2.5x
P/S Ratio-11.5x
P/E RatioIs VN8 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| VN8 income statement (TTM) | |
|---|---|
| Revenue | AU$18.26m |
| Cost of Revenue | AU$12.75m |
| Gross Profit | AU$5.51m |
| Expenses | AU$9.50m |
| Earnings | -AU$3.98m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.012 |
| Gross Margin | 30.20% |
| Net Profit Margin | -21.82% |
| Debt/Equity Ratio | 0% |
How did VN8 perform over the long term?
See historical performance and comparisonValuation
Is Vonex undervalued compared to its fair value and its price relative to the market?
14.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: VN8 (A$0.14) is trading below our estimate of fair value (A$0.16)
Significantly Below Fair Value: VN8 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: VN8 is unprofitable, so we can't compare its PE Ratio to the Australian Telecom industry average.
PE vs Market: VN8 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 VN8's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: VN8 is overvalued based on its PB Ratio (8.2x) compared to the AU Telecom industry average (3.4x).
Future Growth
How is Vonex forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
9.3%
Forecasted Telecom industry annual growth in earnings
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if VN8's forecast earnings growth is above the savings rate (1.9%).
Earnings vs Market: Insufficient data to determine if VN8'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: Insufficient data to determine if VN8's revenue is forecast to grow faster than the Australian market.
High Growth Revenue: Insufficient data to determine if VN8's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if VN8's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Vonex performed over the past 5 years?
39.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VN8 is currently unprofitable.
Growing Profit Margin: VN8 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: VN8 is unprofitable, but has reduced losses over the past 5 years at a rate of 39.3% per year.
Accelerating Growth: Unable to compare VN8's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VN8 is unprofitable, making it difficult to compare its past year earnings growth to the Telecom industry (2.1%).
Return on Equity
High ROE: VN8 has a negative Return on Equity (-71.46%), as it is currently unprofitable.
Financial Health
How is Vonex's financial position?
Financial Position Analysis
Short Term Liabilities: VN8's short term assets (A$5.9M) exceed its short term liabilities (A$4.8M).
Long Term Liabilities: VN8's short term assets (A$5.9M) exceed its long term liabilities (A$1.4M).
Debt to Equity History and Analysis
Debt Level: VN8's debt to equity ratio (0%) is considered satisfactory.
Reducing Debt: VN8 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: VN8 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if VN8 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Dividend
What is Vonex current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate VN8's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate VN8'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 VN8's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if VN8'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 VN8'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?
3.8yrs
Average management tenure
CEO
Matt Fahey
3.75yrs
Tenure
AU$335,047
Compensation
Mr. Matthew Fahey, also known as Matt, serves as the Managing Director at Vonex Limited and is part of the executive leadership team responsible for commercial strategy and development. He is the Chief Exe...
CEO Compensation Analysis
Compensation vs Market: Matt's total compensation ($USD250.33K) is about average for companies of similar size in the Australian market ($USD302.87K).
Compensation vs Earnings: Matt's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: VN8's management team is considered experienced (3.8 years average tenure).
Board Members
Experienced Board: VN8's board of directors are considered experienced (5.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: VN8 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 substantially diluted in the past year, with total shares outstanding growing by 75.1%.
Top Shareholders
Company Information
Vonex Limited's employee growth, exchange listings and data sources
Key Information
- Name: Vonex Limited
- Ticker: VN8
- Exchange: ASX
- Founded: NaN
- Industry: Alternative Carriers
- Sector: Telecom
- Market Cap: AU$45.969m
- Shares outstanding: 328.35m
- Website: https://www.vonex.com.au
Location
- Vonex Limited
- 303 Coronation Drive
- Level 6
- Milton
- Queensland
- 4064
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/24 07:05 |
| End of Day Share Price | 2021/10/22 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.