AIM:ADAM

Stock Analysis Report

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Executive Summary

Adamas Finance Asia Limited invests in various small and medium enterprises in Asia. More Details


Snowflake Analysis

Excellent balance sheet and overvalued.

Share Price & News

How has Adamas Finance Asia's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-4.5%

ADAM

-2.5%

GB Capital Markets

-0.7%

GB Market


1 Year Return

-9.3%

ADAM

-2.3%

GB Capital Markets

-16.4%

GB Market

Return vs Industry: ADAM underperformed the UK Capital Markets industry which returned 0.3% over the past year.

Return vs Market: ADAM exceeded the UK Market which returned -15.4% over the past year.


Shareholder returns

ADAMIndustryMarket
7 Day-4.5%-2.5%-0.7%
30 Day-14.3%0.7%0.7%
90 Day-23.6%-2.1%-3.2%
1 Year-9.3%-9.3%0.9%-2.3%-13.2%-16.4%
3 Year-78.7%-78.7%19.7%5.4%-9.3%-20.5%
5 Year-79.8%-79.8%60.1%31.0%15.2%-10.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Adamas Finance Asia undervalued compared to its fair value and its price relative to the market?

0.28x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: ADAM is unprofitable, so we can't compare its PE Ratio to the GB Capital Markets industry average.

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


Price to Book Ratio

PB vs Industry: ADAM is good value based on its PB Ratio (0.3x) compared to the GB Capital Markets industry average (1.3x).


Next Steps

Future Growth

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

19.1%

Forecasted Diversified Financials 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 Adamas Finance Asia 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 Adamas Finance Asia performed over the past 5 years?

23.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ADAM is currently unprofitable.

Growing Profit Margin: ADAM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ADAM is unprofitable, but has reduced losses over the past 5 years at a rate of 23.1% per year.

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

Earnings vs Industry: ADAM is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (0.9%).


Return on Equity

High ROE: ADAM has a negative Return on Equity (-3.31%), as it is currently unprofitable.


Next Steps

Financial Health

How is Adamas Finance Asia's financial position?


Financial Position Analysis

Short Term Liabilities: ADAM's short term assets ($104.9M) exceed its short term liabilities ($1.2M).

Long Term Liabilities: ADAM's short term assets ($104.9M) exceed its long term liabilities ($3.5M).


Debt to Equity History and Analysis

Debt Level: ADAM's debt to equity ratio (3.4%) is considered satisfactory.

Reducing Debt: ADAM's debt to equity ratio has increased from 2.1% to 3.4% over the past 5 years.


Balance Sheet


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: Whilst unprofitable ADAM has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: ADAM is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 3.8% per year.


Next Steps

Dividend

What is Adamas Finance Asia current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if ADAM'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 ADAM'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?

3.0yrs

Average board tenure


CEO

Adamas Finance Asia has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
John Croft
Executive Chairman7.67yrsUS$76.41k0.012%
$ 3.2k
Hugh Trenchard
Independent Non-Executive Director3.25yrsUS$38.21kno data
Lee George Lam
Independent Non-Executive Director3yrsUS$38.30kno data
Charles Crocker
Independent Non-Executive Director1.33yrsUS$19.93kno data
John Howard Batchelor
Non-Executive Director0.17yrno datano data

3.0yrs

Average Tenure

66yo

Average Age

Experienced Board: ADAM's board of directors are considered experienced (3 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 41.1%.


Top Shareholders

Company Information

Adamas Finance Asia Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Adamas Finance Asia Limited
  • Ticker: ADAM
  • Exchange: AIM
  • Founded: 2008
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: UK£26.029m
  • Shares outstanding: 123.95m
  • Website: https://www.adamasfinance.com

Location

  • Adamas Finance Asia Limited
  • CMA Building
  • 10th Floor
  • Central
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ADAMAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPFeb 2014
1CP2DB (Deutsche Boerse AG)YesOrdinary SharesDEEURFeb 2014

Biography

Adamas Finance Asia Limited invests in various small and medium enterprises in Asia. The company was formerly known as China Private Equity Investment Holdings Limited and changed its name to Adamas Financ ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/26 21:07
End of Day Share Price2020/10/26 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.