DB:IOTA

Stock Analysis Report

Executive Summary

A-Smart Holdings Ltd., an investment holding company, provides a range of print management services in Singapore and internationally.


Snowflake Analysis

Excellent balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has A-Smart Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: IOTA has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

IOTA

5.4%

DE Commercial Services

9.9%

DE Market


1 Year Return

-44.9%

IOTA

-31.6%

DE Commercial Services

-17.5%

DE Market

Return vs Industry: IOTA underperformed the German Commercial Services industry which returned 9.1% over the past year.

Return vs Market: IOTA underperformed the German Market which returned 17.1% over the past year.


Shareholder returns

IOTAIndustryMarket
7 Day0%5.4%9.9%
30 Day0%-21.4%-16.6%
90 Day-18.1%-33.5%-24.8%
1 Year-44.9%-44.9%-29.1%-31.6%-15.0%-17.5%
3 Year-61.7%-61.7%-27.0%-33.3%-17.4%-24.5%
5 Year124.4%124.4%-34.1%-43.3%-16.6%-28.1%

Price Volatility Vs. Market

How volatile is A-Smart Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is A-Smart Holdings undervalued compared to its fair value and its price relative to the market?

4.23x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: IOTA is unprofitable, so we can't compare its PE Ratio to the Commercial Services industry average.

PE vs Market: IOTA is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate IOTA's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: IOTA is overvalued based on its PB Ratio (4.2x) compared to the DE Commercial Services industry average (3.2x).


Next Steps

Future Growth

How is A-Smart Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.0%

Forecasted Commercial Services 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 A-Smart Holdings 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 A-Smart Holdings performed over the past 5 years?

81.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: IOTA is currently unprofitable.

Growing Profit Margin: IOTA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: IOTA is unprofitable, but has reduced losses over the past 5 years at a rate of 81.1% per year.

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

Earnings vs Industry: IOTA is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (6.2%).


Return on Equity

High ROE: IOTA has a negative Return on Equity (-23.92%), as it is currently unprofitable.


Next Steps

Financial Health

How is A-Smart Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: IOTA's short term assets (SGD12.0M) exceed its short term liabilities (SGD4.0M).

Long Term Liabilities: IOTA's short term assets (SGD12.0M) exceed its long term liabilities (SGD429.0K).


Debt to Equity History and Analysis

Debt Level: IOTA is debt free.

Reducing Debt: IOTA has no debt compared to 5 years ago when its debt to equity ratio was 1526.5%.


Balance Sheet

Inventory Level: IOTA has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if IOTA'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: IOTA has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: IOTA has less than a year of cash runway if free cash flow continues to reduce at historical rates of -0.3% each year


Next Steps

Dividend

What is A-Smart Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if IOTA's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: IOTA is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of IOTA's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.1yrs

Average management tenure


CEO

Huan Lim (62yo)

4.17s

Tenure

Mr. Lim Huan Chiang, JP has been the Chief Executive Officer and Executive Director of A-Smart Holdings Ltd. (known as Xpress Holdings Ltd) since October 26, 2015. Mr. Lim is responsible for the management ...


Leadership Team

NamePositionTenureCompensationOwnership
Sau Fong
Executive Director of Xpress Print Pte Ltdno datano datano data
Sow Foong
Operations Director of Xpress Print Pte Ltdno datano datano data
Huan Lim
CEO & Executive Director4.17yrsno data0.66% SGD195.8k
Ngan Kia Yo
Group Financial Controller4.67yrsno datano data
Shin Ee Lim
Head of Central Desk - New Media6.92yrsno datano data
Wei Wu
Chief Executive Officer of China Operationsno datano datano data
Sey Liy Tan
Company Secretary5.5yrsno datano data
Riduwan Zhang
General Manager of Financial Research Xpress Print Pte Ltdno datano datano data

5.1yrs

Average Tenure

Experienced Management: IOTA's management team is seasoned and experienced (5.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Huan Lim
CEO & Executive Director4.17yrsno data0.66% SGD195.8k
Chong Keen Sam
Lead Independent Non-Executive Director6.08yrsno datano data
Te-Lin Tseng
Non-Executive Director11.75yrsno data0.22% SGD64.5k
Wei Dong Ma
Non-Executive Chairman4.42yrsno data42.74% SGD12.7m
Hongtao Chu
Independent Non-Executive Director4.42yrsno datano data
Kenneth Loo
Non-Executive Director2.33yrsno datano data

4.4yrs

Average Tenure

47yo

Average Age

Experienced Board: IOTA's board of directors are considered experienced (4.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: IOTA 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 6.4%.


Top Shareholders

Company Information

A-Smart Holdings Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: A-Smart Holdings Ltd.
  • Ticker: IOTA
  • Exchange: DB
  • Founded: 1986
  • Industry: Commercial Printing
  • Sector: Commercial Services
  • Market Cap: S$45.054m
  • Listing Market Cap: S$29.758m
  • Shares outstanding: 128.73m
  • Website: https://www.a-smart.sg

Location

  • A-Smart Holdings Ltd.
  • No. 61 Tai Seng Avenue
  • No. 03-03, Print Media Hub @ Paya Lebar iPark
  • Singapore
  • 534167
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BQCSGX (Singapore Exchange)YesOrdinary SharesSGSGDJul 1999
IOTADB (Deutsche Boerse AG)YesOrdinary SharesDEEURJul 1999

Biography

A-Smart Holdings Ltd., an investment holding company, provides a range of print management services in Singapore and internationally. It offers a range of services, including financial printing, conceptualization, design, copywriting, translation, typesetting, color proofing, printing, post-press packaging, distribution, and delivery. The company prints financial research reports, annual reports, asset management reports, initial public offering prospectuses, corporate brochures, year books, magazines, and trade directories, as well as other commercial publications, collaterals, and corporate gifts/premiums. It also organizes media events; and provides publishing services. In addition, the company develops, sells, and redistributes smart information technology solutions, gadgets, and software and hardware products; undertakes multimedia and pre-press works; provides printer consultancy and print related services; and develops and invests in real estate properties. Further, it is involved in selling, leasing, servicing, and maintaining green technology systems. The company was formerly known as Xpress Holdings Ltd and changed its name to A-Smart Holdings Ltd. in October 2016. A-Smart Holdings Ltd. was founded in 1986 and is headquartered in Singapore. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/02 21:16
End of Day Share Price2019/09/04 00:00
Earnings2019/07/31
Annual Earnings2019/07/31


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.