AIM:ASTO

Stock Analysis Report

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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.


Snowflake Analysis

Flawless balance sheet and 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 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

ASTO

1.2%

GB Commercial Services

2.0%

GB Market


1 Year Return

8.5%

ASTO

-6.6%

GB Commercial Services

-12.8%

GB Market

Return vs Industry: ASTO exceeded the UK Commercial Services industry which returned -6.9% over the past year.

Return vs Market: ASTO exceeded the UK Market which returned -12.5% over the past year.


Shareholder returns

ASTOIndustryMarket
7 Day0%1.2%2.0%
30 Day0%5.3%5.7%
90 Day-5.9%-12.4%-8.2%
1 Year8.5%8.5%-4.8%-6.6%-8.6%-12.8%
3 Year3.2%3.2%-6.1%-13.5%-6.2%-17.6%
5 Year10.3%10.3%5.2%-9.6%12.7%-12.5%

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?

1.31x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: ASTO (£3.2) is trading above our estimate of fair value (£0.03)

Significantly Below Fair Value: ASTO is trading above our estimate of fair value.


Price To Earnings Ratio

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

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


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 good value based on its PB Ratio (1.3x) compared to the GB Commercial Services industry average (2.1x).


Next Steps

Future Growth

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

10.1%

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.


Next Steps

Past Performance

How has AssetCo performed over the past 5 years?

-26.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ASTO is currently unprofitable.

Growing Profit Margin: ASTO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ASTO is unprofitable, and losses have increased over the past 5 years at a rate of -26.4% per year.

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

Earnings vs Industry: ASTO is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (3.2%).


Return on Equity

High ROE: ASTO has a negative Return on Equity (-2.56%), as it is currently unprofitable.


Next Steps

Financial Health

How is AssetCo's financial position?


Financial Position Analysis

Short Term Liabilities: ASTO's short term assets (£31.8M) exceed its short term liabilities (£2.0M).

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


Next Steps

Dividend

What is AssetCo's 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?

9.2yrs

Average board tenure


CEO

AssetCo has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Tudor Davies
Executive Chairman & Company Secretary9.17yrsUK£70.00k0.27% £105.0k
Christopher Mills
Independent Non-Executive Director9.17yrsUK£20.00kno data
Alexander Butcher
Independent Non-Executive Director7.58yrsUK£20.00kno data

9.2yrs

Average Tenure

65yo

Average Age

Experienced Board: ASTO's board of directors are considered experienced (9.2 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 not been meaningfully diluted in the past year.


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£39.076m
  • Shares outstanding: 12.21m
  • Website: https://www.assetco.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ASTOAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPApr 2007

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. Its solutions include recruitment, training, and provision of personnel; development of internationally accredited operating standards; operational asset procurement; and asset and facilities management services. The company also provides an operational capability to meet military, civil, airside, and oil and gas incident response, support, and management. It serves the UAE Armed Forces. The company was incorporated in 2003 and is headquartered in Monmouth, the United Kingdom. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/31 20:50
End of Day Share Price2020/05/29 00:00
Earnings2019/09/30
Annual Earnings2019/09/30


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.