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
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.
7 Day Return
GB Commercial Services
1 Year Return
GB Commercial Services
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.
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
2 months ago | Simply Wall StRobust Earnings May Not Tell The Whole Story For AssetCo (LON:ASTO)
3 months ago | Simply Wall StHow Many AssetCo plc (LON:ASTO) Shares Do Institutions Own?
1 year ago | Simply Wall StImagine Owning AssetCo (LON:ASTO) And Wondering If The 11% Share Price Slide Is Justified
Is AssetCo undervalued compared to its fair value and its price relative to the market?
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).
How is AssetCo forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has AssetCo performed over the past 5 years?
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.
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.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Peter McKellar (55 yo)
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...
Experienced Board: ASTO's board of directors are considered experienced (8.6 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7%.
AssetCo plc's company bio, employee growth, exchange listings and data sources
- 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
- AssetCo plc
- Singleton Court Business Park
- Wonastow Road
- NP25 5JA
- United Kingdom
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
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/12 19:10|
|End of Day Share Price||2021/05/12 00:00|
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.