Executive Summary
Vonex Limited provides telecommunications services in Australia and the United States. More Details
Rewards
Risk Analysis
Snowflake Analysis
Exceptional growth potential with flawless balance sheet.
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
20.0%
VN8
-3.4%
AU Telecom
-0.4%
AU Market
1 Year Return
56.5%
VN8
-18.9%
AU Telecom
-7.0%
AU Market
Return vs Industry: VN8 exceeded the Australian Telecom industry which returned -18% over the past year.
Return vs Market: VN8 exceeded the Australian Market which returned -6.2% over the past year.
Shareholder returns
| VN8 | Industry | Market | |
|---|---|---|---|
| 7 Day | 20.0% | -3.4% | -0.4% |
| 30 Day | 24.1% | -4.2% | 4.3% |
| 90 Day | 63.6% | -13.8% | 4.3% |
| 1 Year | 56.5%56.5% | -15.2%-18.9% | -3.8%-7.0% |
| 3 Year | n/a | -6.3%-19.5% | 17.0%2.3% |
| 5 Year | n/a | -30.8%-47.4% | 42.9%14.3% |
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
2 weeks ago | Simply Wall St
Vonex Limited (ASX:VN8) Could Be Less Than A Year Away From Profitability5 months ago | Simply Wall St
We're Not Very Worried About Vonex's (ASX:VN8) Cash Burn Rate7 months ago | Simply Wall St
Did Changing Sentiment Drive Vonex's (ASX:VN8) Share Price Down By 27%?Valuation
Is Vonex undervalued compared to its fair value and its price relative to the market?
4.45x
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 AU 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 (4.4x) compared to the AU Telecom industry average (2.8x).
Next Steps
Future Growth
How is Vonex forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
110.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VN8 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.3%).
Earnings vs Market: VN8 is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: VN8's is expected to become profitable in the next 3 years.
Revenue vs Market: VN8's revenue (34.1% per year) is forecast to grow faster than the Australian market (4.6% per year).
High Growth Revenue: VN8's revenue (34.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: VN8's Return on Equity is forecast to be high in 3 years time (27%)
Next Steps
Past Performance
How has Vonex performed over the past 5 years?
22.8%
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 22.8% 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 (6.8%).
Return on Equity
High ROE: VN8 has a negative Return on Equity (-8.62%), 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$6.8M) exceed its short term liabilities (A$3.9M).
Long Term Liabilities: VN8's short term assets (A$6.8M) exceed its long term liabilities (A$758.4K).
Debt to Equity History and Analysis
Debt Level: VN8 is debt free.
Reducing Debt: VN8 currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: Whilst unprofitable VN8 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: VN8 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 10.2% per year.
Next Steps
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?
2.8yrs
Average management tenure
CEO
Matt Fahey
2.75yrs
Tenure
AU$335,047
Compensation
Mr. Matthew Fahey, also known as Matt, serves as the Managing Director at Vonex Limited and is part of the executive leadership team responsible for commercial strategy and development. He is the Chief Exe ...
CEO Compensation Analysis
Compensation vs Market: Matt's total compensation ($USD238.23K) is about average for companies of similar size in the Australian market ($USD275.49K).
Compensation vs Earnings: Matt's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 2.75yrs | AU$335.05k | 3.42% A$ 1.1m | |
| Executive Director | 4.33yrs | AU$252.56k | 1.36% A$ 433.5k | |
| Chief Financial Officer | 4.67yrs | AU$553.22k | no data | |
| Chief Technology Officer | 0.33yr | no data | no data | |
| Chief Executive Officer of Oper8tor | 0.33yr | AU$311.62k | 0% A$ 0 | |
| Company Secretary | 4.33yrs | no data | no data |
2.8yrs
Average Tenure
Experienced Management: VN8's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 2.75yrs | AU$335.05k | 3.42% A$ 1.1m | |
| Executive Director | 4.33yrs | AU$252.56k | 1.36% A$ 433.5k | |
| Non-executive Director | 0.67yr | AU$18.62k | no data | |
| Non-Executive Chairman | 4.33yrs | AU$252.56k | 1.41% A$ 449.6k | |
| Non-Executive Director | 2.75yrs | AU$62.42k | no data |
4.3yrs
Average Tenure
Experienced Board: VN8's board of directors are considered experienced (4.3 years average tenure).
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 25.6%.
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$31.877m
- Shares outstanding: 187.51m
- Website: https://www.vonex.com.au
Location
- Vonex Limited
- 303 Coronation Drive
- Level 6
- Milton
- Queensland
- 4064
- 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 provides telecommunications services in Australia and the United States. The company operates through Retail and Wholesale segments. It offers mobile, internet, traditional fixed lines, and h ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/23 10:39 |
| End of Day Share Price | 2020/10/23 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/06/30 |
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.