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Market Cap

UK£163.3m

Last Updated

2021/05/12 19:10 UTC

Data Sources

Company Financials

Executive Summary

AssetCo plc engages in the provision of management and resources to the fire and rescue emergency services in the Middle East and internationally. More Details


Snowflake Analysis

Flawless balance sheet and slightly overvalued.

Share Price & News

How has AssetCo's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ASTO is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: ASTO's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

0%

ASTO

-1.5%

GB Commercial Services

-0.7%

GB Market


1 Year Return

290.6%

ASTO

25.7%

GB Commercial Services

28.0%

GB Market

Return vs Industry: ASTO exceeded the UK Commercial Services industry which returned 22.9% over the past year.

Return vs Market: ASTO exceeded the UK Market which returned 24.2% over the past year.


Shareholder returns

ASTOIndustryMarket
7 Day0%-1.5%-0.7%
30 Day35.1%-4.6%1.8%
90 Day56.3%-0.1%6.4%
1 Year290.6%290.6%30.0%25.7%33.4%28.0%
3 Year262.3%262.3%17.3%5.3%10.6%-2.0%
5 Year287.6%287.6%58.3%27.9%49.8%21.6%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is AssetCo undervalued compared to its fair value and its price relative to the market?

27.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ASTO (£12.5) is trading below our estimate of fair value (£17.26)

Significantly Below Fair Value: ASTO is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ASTO is poor value based on its PE Ratio (45.4x) compared to the UK Commercial Services industry average (36.4x).

PE vs Market: ASTO is poor value based on its PE Ratio (45.4x) compared to the UK market (26x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ASTO is overvalued based on its PB Ratio (4.7x) compared to the GB Commercial Services industry average (2.4x).


Future Growth

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

17.4%

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 AssetCo 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.


Past Performance

How has AssetCo performed over the past 5 years?

-42.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ASTO has a large one-off gain of £4.6M impacting its September 30 2020 financial results.

Growing Profit Margin: ASTO became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: ASTO's earnings have declined by 42.2% per year over the past 5 years.

Accelerating Growth: ASTO has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ASTO has become profitable in the last year, making it difficult to compare its past year earnings growth to the Commercial Services industry (-12.7%).


Return on Equity

High ROE: ASTO's Return on Equity (10.4%) is considered low.


Financial Health

How is AssetCo's financial position?


Financial Position Analysis

Short Term Liabilities: ASTO's short term assets (£33.6M) exceed its short term liabilities (£1.3M).

Long Term Liabilities: ASTO has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: ASTO is debt free.

Reducing Debt: ASTO has not had any debt for past 5 years.

Debt Coverage: ASTO has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: ASTO has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is AssetCo current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: ASTO is not paying a notable dividend for the UK market.


Future Payout to Shareholders

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


Next Steps

Management

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

8.6yrs

Average board tenure


CEO

Peter McKellar (55 yo)

0.083

Tenure

Mr. Peter Archibald McKellar serves as Chief Executive Officer and Deputy Chairman at AssetCo plc since April 15, 2021. Mr. McKellar serves as a Non-Executive Director at AssetCo plc since January 25, 2021...


Board Members

Experienced Board: ASTO's board of directors are considered experienced (8.6 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7%.


Top Shareholders

Company Information

AssetCo plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: AssetCo plc
  • Ticker: ASTO
  • Exchange: AIM
  • Founded: 2003
  • Industry: Security and Alarm Services
  • Sector: Commercial Services
  • Market Cap: UK£163.324m
  • Shares outstanding: 13.07m
  • Website: https://www.assetco.com

Number of Employees


Location

  • AssetCo plc
  • Singleton Court Business Park
  • Wonastow Road
  • Monmouth
  • Gwent
  • NP25 5JA
  • United Kingdom

Listings


Biography

AssetCo plc engages in the provision of management and resources to the fire and rescue emergency services in the Middle East and internationally. The company offers outsourced fire and rescue services. It...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/12 19:10
End of Day Share Price2021/05/12 00:00
Earnings2020/09/30
Annual Earnings2020/09/30


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.