ASX:VPR

Stock Analysis Report

Executive Summary

Volt Power Group Limited, together with its subsidiaries, provides power generation technology solutions in Australia.

Snowflake

Fundamentals

Excellent balance sheet with weak fundamentals.

Share Price & News

How has Volt Power Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: VPR's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

VPR

-0.06%

AU Renewable Energy

0.9%

AU Market


1 Year Return

-50.0%

VPR

10.5%

AU Renewable Energy

16.3%

AU Market

Return vs Industry: VPR underperformed the Australian Renewable Energy industry which returned 10.5% over the past year.

Return vs Market: VPR underperformed the Australian Market which returned 16.3% over the past year.


Shareholder returns

VPRIndustryMarket
7 Day0%-0.06%0.9%
30 Day-33.3%-3.4%0.6%
90 Day-33.3%19.9%6.0%
1 Year-50.0%-50.0%12.0%10.5%23.0%16.3%
3 Year-98.6%-98.6%-37.1%-39.0%41.6%22.3%
5 Year-88.9%-88.9%4.4%-0.4%57.7%22.5%

Price Volatility Vs. Market

How volatile is Volt Power Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Volt Power Group undervalued compared to its fair value and its price relative to the market?

2.6x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate VPR's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate VPR's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: VPR is unprofitable, so we can't compare its PE Ratio to the Renewable Energy industry average.

PE vs Market: VPR 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 VPR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: VPR is overvalued based on its PB Ratio (2.6x) compared to the AU Renewable Energy industry average (1x).


Next Steps

Future Growth

How is Volt Power Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-6.5%

Forecasted Utilities 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 Volt Power Group 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

Past Performance

How has Volt Power Group performed over the past 5 years?

32.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VPR has large one-off items impacting its financial results.

Growing Profit Margin: VPR's current net profit margins (-300.9%) are lower than last year (-85.9%).


Past Earnings Growth Analysis

Earnings Trend: VPR is unprofitable, but has reduced losses over the past 5 years at a rate of 32.4% per year.

Accelerating Growth: Unable to compare VPR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: VPR is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (33.9%).


Return on Equity

High ROE: VPR has a negative Return on Equity (-108.24%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Volt Power Group's financial position?


Financial Position Analysis

Short Term Liabilities: VPR's short term assets (A$1.8M) exceeds its short term liabilities (A$605.6K)

Long Term Liabilities: VPR's short term assets (1.8M) exceeds its long term liabilities (158.7K)


Debt to Equity History and Analysis

Debt Level: VPR is debt free.

Reducing Debt: VPR has no debt compared to 5 years ago when its debt to equity ratio was 18.8%.


Balance Sheet

Inventory Level: VPR has a high level of physical assets or inventory.

Debt Coverage by Assets: VPR's debt is not covered by short term assets (assets are -30.7x debt).


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: VPR has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: VPR has sufficient cash runway for 1.000842 years if free cash flow continues to grow at historical rates of 4% each year.


Next Steps

Dividend

What is Volt Power Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.4%markettop25%5.6%industryaverage3.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate VPR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate VPR'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 VPR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if VPR'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 VPR's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

What is the CEO of Volt Power Group's salary, the management and board of directors tenure and is there insider trading?

AU$448k

CEO Compensation


CEO

Adam Boyd 0

0yrs

Tenure

AU$447,685

Compensation

Mr. Adam Hume Boyd, B.Com, CA serves as the Chief Executive Officer and Managing Director of Enerji Ltd. Mr. Boyd served as an Acting Chief Executive Officer of Enerji Ltd since August 2016. Mr. Boyd has  ...


CEO Compensation Analysis

Compensation vs Market: Adam's total compensation ($USD304.92K) is about average for companies of similar size in the Australian market ($USD253.99K).

Compensation vs Earnings: Adam's compensation has increased whilst the company is unprofitable.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 15.4%.


Management Team

  • Peter Torre (47yo)

    Company Secretary & Non -Executive Director

    • Tenure: 0yrs
    • Compensation: AU$39.96k
  • Adam Boyd

    CEO, MD & Director

    • Tenure: 0yrs
    • Compensation: AU$447.69k
  • Colin Stonehouse

    Chief Development Officer

    • Tenure: 5.2yrs

Board Members

  • Peter Torre (47yo)

    Company Secretary & Non -Executive Director

    • Tenure: 0yrs
    • Compensation: AU$39.96k
  • Adam Boyd

    CEO, MD & Director

    • Tenure: 0yrs
    • Compensation: AU$447.69k
  • Simon Higgins

    Non-Executive Chairman

    • Tenure: 0yrs
    • Compensation: AU$50.00k

Company Information

Volt Power Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Volt Power Group Limited
  • Ticker: VPR
  • Exchange: ASX
  • Founded:
  • Industry: Independent Power Producers and Energy Traders
  • Sector: Utilities
  • Market Cap: AU$8.245m
  • Shares outstanding: 8.24b
  • Website: https://voltpower.com.au

Location

  • Volt Power Group Limited
  • 1 Channel Close
  • Henderson
  • Western Australia
  • 6166
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MY3DB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992
VPRASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJan 1992
VPRCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJan 1992
ELIWBAG (Wiener Boerse AG)YesOrdinary SharesATEURJan 1992

Biography

Volt Power Group Limited, together with its subsidiaries, provides power generation technology solutions in Australia. It offers Accretive Thermal Energy Node, a waste heat recovery power generation techno ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/16 10:32
End of Day Share Price2019/11/12 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.