How does VN8's PS Ratio compare to its peers?

VN8 is good value based on its Price-To-Sales Ratio (0.3x) compared to the peer average (0.7x).

How does VN8's PS Ratio compare vs other companies in the Global Telecom Industry?

VN8 is good value based on its Price-To-Sales Ratio (0.3x) compared to the Global Telecom industry average (1.4x).

What is VN8's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate VN8's Price-To-Sales Fair Ratio for valuation analysis.

What is the Fair Price of VN8 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

VN8 (A$0.04) is trading below our estimate of [[fair value]] (A$0.31)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Vonex (ASX:VN8) - Stock Price, News & Analysis

VN8 Stock Overview

Provides cloud-based telecommunications services under the Vonex brand in Australia. More details

VN8 fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

Rewards

Trading at 85.6% below our estimate of its fair value

Risk Analysis

Negative shareholders equity

Earnings have declined by 35.2% per year over past 5 years

Significant insider selling over the past 3 months

Does not have a meaningful market cap (A$16M)

Vonex Limited Competitors

Field Solutions Holdings

ASX:FSG

AU$19.3m

Spirit Technology Solutions

ASX:ST1

AU$108.6m

Pentanet

ASX:5GG

AU$14.7m

Aussie Broadband

ASX:ABB

AU$1.0b

Price History & Performance

Summary of all time highs, changes and price drops for Vonex
Historical stock prices
Current Share Price	AU$0.044
52 Week High	AU$0.046
52 Week Low	AU$0.01
Beta	1.08
11 Month Change	0%
3 Month Change	18.92%
1 Year Change	100.00%
33 Year Change	-63.33%
5 Year Change	-69.66%
Change since IPO	-74.12%

Recent updates

Sentiment Still Eluding Vonex Limited (ASX:VN8)

May 25

Slammed 28% Vonex Limited (ASX:VN8) Screens Well Here But There Might Be A Catch

Feb 05

Trade Alert: The Non-executive Director Of Vonex Limited (ASX:VN8), Jason Gomersall, Has Just Spent AU$51k Buying A Few More Shares

Mar 12

Breakeven Is Near for Vonex Limited (ASX:VN8)

Jan 20

Shareholder Returns

	VN8	AU Telecom	AU Market
7D	-2.2%	-0.7%	0.9%
1Y	100.0%	4.5%	18.4%

Return vs Industry: VN8 exceeded the Australian Telecom industry which returned 4.5% over the past year.

Return vs Market: VN8 exceeded the Australian Market which returned 18.4% over the past year.

Price Volatility

Is VN8's price volatile compared to industry and market?
VN8 volatility
VN8 Average Weekly Movement	5.8%
Telecom Industry Average Movement	6.1%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.3%
10% least volatile stocks in AU Market	3.3%

Stable Share Price: VN8 has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: VN8's weekly volatility has decreased from 21% to 6% over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Ian Porter	vonex.com.au

Vonex Limited, together with its subsidiaries, provides cloud-based telecommunications services under the Vonex brand in Australia. The company offers mobile, data, internet, and voice services; core Vonex PBX, call termination services, hardware, mobile, and internet at wholesale rates via a white label model; and software solutions. It also provides phone system solutions comprising cloud calling, Microsoft Teams voice, virtual phone systems, and call tracking; internet solutions consisting of wireless broadband, business NBN, and fibre; and mobile solutions, including 4G mobile and data fleet.

Vonex Limited Fundamentals Summary

How do Vonex's earnings and revenue compare to its market cap?
VN8 fundamental statistics
Market cap	AU$15.92m
Earnings (TTM)	-AU$1.34m
Revenue (TTM)	AU$48.19m

0.3x

P/S Ratio

-11.9x

P/E Ratio

Is VN8 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VN8 income statement (TTM)
Revenue	AU$48.19m
Cost of Revenue	AU$26.83m
Gross Profit	AU$21.36m
Other Expenses	AU$22.70m
Earnings	-AU$1.34m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0037
Gross Margin	44.33%
Net Profit Margin	-2.78%
Debt/Equity Ratio	-616.5%

How did VN8 perform over the long term?

See historical performance and comparison

VN8 Stock Overview

Rewards

Risk Analysis

Vonex Limited Competitors

ASX:FSG

AU$19.3m

ASX:ST1

AU$108.6m

ASX:5GG

AU$14.7m

ASX:ABB

AU$1.0b

Price History & Performance

Recent News & Updates

No independent directors

Vonex Limited, Annual General Meeting, Nov 26, 2024

Swoop Holdings Limited (ASX:SWP) cancelled the acquisition of Vonex Limited (ASX:VN8).

Swoop Holdings Limited (ASX:SWP) has submitted a non-binding indicative proposal to acquire Vonex Limited (ASX:VN8) for AUD 29.5 million.

Full year 2024 earnings released: AU$0.004 loss per share (vs AU$0.068 loss in FY 2023)

Maxo Telecommunications Pty Ltd agreed to acquire Vonex Limited (ASX:VN8) for AUD34 million.

Recent updates

No independent directors

Vonex Limited, Annual General Meeting, Nov 26, 2024

Swoop Holdings Limited (ASX:SWP) cancelled the acquisition of Vonex Limited (ASX:VN8).

Swoop Holdings Limited (ASX:SWP) has submitted a non-binding indicative proposal to acquire Vonex Limited (ASX:VN8) for AUD 29.5 million.

Full year 2024 earnings released: AU$0.004 loss per share (vs AU$0.068 loss in FY 2023)

Maxo Telecommunications Pty Ltd agreed to acquire Vonex Limited (ASX:VN8) for AUD34 million.

Sentiment Still Eluding Vonex Limited (ASX:VN8)

Now 29% undervalued after recent price drop

Slammed 28% Vonex Limited (ASX:VN8) Screens Well Here But There Might Be A Catch

Now 21% undervalued

Calculating The Fair Value Of Vonex Limited (ASX:VN8)

Now 23% undervalued after recent price drop

New major risk - Share price stability

Vonex Limited, Annual General Meeting, Nov 29, 2023

Now 23% undervalued after recent price drop

Estimating The Fair Value Of Vonex Limited (ASX:VN8)

Full year 2023 earnings released: AU$0.068 loss per share (vs AU$0.001 profit in FY 2022)

New minor risk - Financial data availability

Potential Upside For Vonex Limited (ASX:VN8) Not Without Risk

Vonex Limited Announces CEO Changes

Non-Executive Director recently bought AU$203k worth of stock

First half 2023 earnings released: AU$0.064 loss per share (vs AU$0.002 loss in 1H 2022)

No independent directors

Vonex Limited Announces Board Changes

Vonex Limited (ASX:VN8) entered into an agreement to acquire Network Technology (Aust) Pty Ltd for AUD 7.7 million.

Vonex Limited, Annual General Meeting, Nov 25, 2022

Here's Why Vonex (ASX:VN8) Has A Meaningful Debt Burden

Full year 2022 earnings released: EPS: AU$0.001 (vs AU$0.021 loss in FY 2021)

Non-executive Director recently bought AU$358k worth of stock

Vonex (ASX:VN8) Is Making Moderate Use Of Debt

No independent directors

Non-executive Director recently bought AU$302k worth of stock

First half 2022 earnings: EPS in line with analyst expectations despite revenue beat

Forecast to breakeven in 2022

Vonex Limited (ASX:VN8) completed the acquisition of Voiteck Pty Ltd.

Vonex Limited (ASX:VN8) entered into a binding Share Acquisition Agreement to acquire Voiteck Pty Ltd for AUD 5.5 million.

Full year 2021 earnings released: AU$0.021 loss per share (vs AU$0.004 loss in FY 2020)

Vonex Limited (ASX:VN8) entered into a non-binding agreement to acquire an unknown minority stake in Direct business of MNF Group Limited from MNF Group Limited (ASX:MNF) for AUD 31 million.

Trade Alert: The Non-executive Director Of Vonex Limited (ASX:VN8), Jason Gomersall, Has Just Spent AU$51k Buying A Few More Shares

Non-executive Director recently bought AU$51k worth of stock

Vonex Limited Announces the Signing of A Wholesale Agreement with Orange Business Services

New 90-day high: AU$0.32

Vonex Limited (ASX:VN8) completed the acquisition of Nextel Pty Ltd.

Breakeven Is Near for Vonex Limited (ASX:VN8)

Vonex Limited (ASX:VN8) entered into a binding term sheet to acquire Nextel Pty Ltd for AUD 1.5 million.

New 90-day high: AU$0.22

Full year earnings released - AU$0.0038 loss per share

Shareholder Returns

Price Volatility

About the Company

Vonex Limited Fundamentals Summary

0.3x

-11.9x

Earnings & Revenue