Executive Summary
Vonex Limited operates as a telecommunication service company worldwide.
Rewards
Risk Analysis
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Flawless balance sheet with weak fundamentals.
Share Price & News
How has Vonex's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VN8's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-25.0%
VN8
-1.8%
AU Telecom
0.3%
AU Market
1 Year Return
-38.1%
VN8
-10.7%
AU Telecom
-22.9%
AU Market
Return vs Industry: VN8 underperformed the Australian Telecom industry which returned -10.6% over the past year.
Return vs Market: VN8 underperformed the Australian Market which returned -22.8% over the past year.
Shareholder returns
| VN8 | Industry | Market | |
|---|---|---|---|
| 7 Day | -25.0% | -1.8% | 0.3% |
| 30 Day | -40.0% | -13.0% | -27.8% |
| 90 Day | -42.9% | -15.9% | -30.0% |
| 1 Year | -38.1%-38.1% | -7.5%-10.7% | -19.4%-22.9% |
| 3 Year | n/a | -22.0%-32.9% | -8.3%-20.8% |
| 5 Year | n/a | -34.9%-49.6% | 2.9%-20.3% |
Price Volatility Vs. Market
How volatile is Vonex's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Did Changing Sentiment Drive Vonex's (ASX:VN8) Share Price Down By 27%?1 month ago | Simply Wall St
What Kind Of Shareholder Appears On The Vonex Limited's (ASX:VN8) Shareholder Register?3 months ago | Simply Wall St
If You Had Bought Vonex (ASX:VN8) Stock A Year Ago, You'd Be Sitting On A 18% Loss, TodayValuation
Is Vonex undervalued compared to its fair value and its price relative to the market?
3.25x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate VN8's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate VN8's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: VN8 is unprofitable, so we can't compare its PE Ratio to the 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 (3.2x) compared to the AU Telecom industry average (1.8x).
Next Steps
Future Growth
How is Vonex 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 Vonex 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 Vonex'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.
- Vonex competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Telecom industry.
Past Performance
How has Vonex performed over the past 5 years?
13.4%
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 13.4% 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 (-8.9%).
Return on Equity
High ROE: VN8 has a negative Return on Equity (-72.16%), as it is currently unprofitable.
Next Steps
Financial Health
How is Vonex's financial position?
Financial Position Analysis
Short Term Liabilities: VN8's short term assets (A$3.7M) exceed its short term liabilities (A$2.2M).
Long Term Liabilities: VN8's short term assets (A$3.7M) exceed its long term liabilities (A$844.1K).
Debt to Equity History and Analysis
Debt Level: VN8 is debt free.
Reducing Debt: VN8 had no debt 5 years ago.
Balance Sheet
Inventory Level: VN8 has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if VN8'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: VN8 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: VN8 has sufficient cash runway for 1.7 years if free cash flow continues to reduce at historical rates of -36.9% each year.
Next Steps
Dividend
What is Vonex's 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 payouts.
High Dividend: Unable to evaluate VN8'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 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?
3.0yrs
Average management tenure
CEO
Matt Fahey
2.17s
Tenure
AU$346,189
Compensation
Mr. Matthew Fahey, also known as Matt, serves as the Managing Director at Vonex Limited and is part of the executive leadership team responsible for commercial strategy and development. He is the Chief Exe ...
CEO Compensation Analysis
Compensation vs Market: Matt's total compensation ($USD212.33K) is about average for companies of similar size in the Australian market ($USD242.11K).
Compensation vs Earnings: Matt's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 2.17yrs | AU$346.19k | 3.75% A$384.5k | |
| Chief Technology Officer | 2.17yrs | AU$311.62k | 1.04% A$107.1k | |
| Chief Financial Officer | 4.08yrs | AU$553.22k | no data | |
| Company Secretary | 3.75yrs | no data | no data |
3.0yrs
Average Tenure
Experienced Management: VN8's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 2.17yrs | AU$346.19k | 3.75% A$384.5k | |
| Non-Executive Director | 3.75yrs | AU$207.37k | 1.49% A$153.0k | |
| Non-Executive Chairman | 3.75yrs | AU$207.37k | 1.55% A$158.7k | |
| Non-Executive Director | 2.17yrs | AU$65.70k | no data |
3.8yrs
Average Tenure
Experienced Board: VN8's board of directors are considered experienced (3.8 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 diluted in the past year, with total shares outstanding growing by 33.3%.
Top Shareholders
Company Information
Vonex Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Vonex Limited
- Ticker: VN8
- Exchange: ASX
- Founded:
- Industry: Alternative Carriers
- Sector: Telecom
- Market Cap: AU$10.255m
- Shares outstanding: 170.92m
- Website: https://www.vonex.com.au
Location
- Vonex Limited
- 99 St Georges Terrace
- Level 8
- Perth
- Western Australia
- 6000
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| VN8 | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Jun 2018 |
| VN8 | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Jun 2018 |
Biography
Vonex Limited operates as a telecommunication service company worldwide. The company’s Retail segment engages in the sale of hardware and telecommunication services, including the provision of data, Internet, voice, and other services. Its Wholesale segment offers wholesale of white-label hosted PBX services under license for Internet Service Providers, Telco’s, and Cloud Vendors. The company also provides Oper8tor, a multi-platform phone call and messaging communication app. Vonex Limited is based in Perth, Australia.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/28 10:53 |
| End of Day Share Price | 2020/03/27 00:00 |
| Earnings | 2019/12/31 |
| 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.