Accsys Technologies (AIM:AXS) - Share price, News & Analysis

AXS fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	5/6
Past Performance	0/6
Financial Health	3/6
Dividends	0/6

AXS Stock Overview

Rewards

Earnings are forecast to grow 71.82% per year

Risk Analysis

Shareholders have been diluted in the past year

Accsys Technologies Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Accsys Technologies
Historical stock prices
Current Share Price	UK£1.34
52 Week High	UK£1.94
52 Week Low	UK£1.24
Beta	1.05
1 Month Change	-6.79%
3 Month Change	-14.54%
1 Year Change	-13.43%
3 Year Change	18.89%
5 Year Change	75.41%
Change since IPO	-74.76%

Recent News & Updates

Feb 24

Accsys Technologies (LON:AXS) Shareholders Will Want The ROCE Trajectory To Continue

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...

Jun 24

Accsys Technologies PLC (LON:AXS) Yearly Results: Here's What Analysts Are Forecasting For This Year

Investors in Accsys Technologies PLC ( LON:AXS ) had a good week, as its shares rose 3.5% to close at UK£1.72 following...

Shareholder Returns

	AXS	GB Forestry	GB Market
7D	4.1%	2.2%	3.6%
1Y	-13.4%	7.3%	-2.5%

Return vs Industry: AXS underperformed the UK Forestry industry which returned 5.3% over the past year.

Return vs Market: AXS underperformed the UK Market which returned -3.2% over the past year.

Price Volatility

Is AXS's price volatile compared to industry and market?
AXS volatility
AXS Average Weekly Movement	4.8%
Forestry Industry Average Movement	6.1%
Market Average Movement	6.1%
10% most volatile stocks in GB Market	11.8%
10% least volatile stocks in GB Market	3.2%

Stable Share Price: AXS is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: AXS's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2005	241	Rob Harris	https://www.accsysplc.com

Accsys Technologies PLC, together with its subsidiaries, produces and sells Accoya solid wood and Tricoya wood elements in the United Kingdom, Ireland, Benelux, rest of Europe, the Americas, the Asia-Pacific, and internationally. The company offers Accoya wood for use in windows and doors, decking, cladding, civil construction and outdoor furniture production, and other applications; and Tricoya wood elements. It also provides technical and engineering services to licensees; and sells acetic acid, a by-product from the manufacturing process.

Accsys Technologies Fundamentals Summary

How do Accsys Technologies's earnings and revenue compare to its market cap?
AXS fundamental statistics
Market Cap	€302.45m
Earnings (TTM)	-€720.00k
Revenue (TTM)	€113.11m

2.7x

P/S Ratio

-421.1x

P/E Ratio

Is AXS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
AXS income statement (TTM)
Revenue	€113.11m
Cost of Revenue	€77.37m
Gross Profit	€35.74m
Other Expenses	€36.46m
Earnings	-€720.00k

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0038
Gross Margin	31.60%
Net Profit Margin	-0.64%
Debt/Equity Ratio	30.8%

How did AXS perform over the long term?

See historical performance and comparison

Valuation

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

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

2.23x

Price to Book (PB) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate AXS's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate AXS's fair value for valuation analysis.

Price To Earnings Ratio

PE vs Industry: AXS is unprofitable, so we can't compare its PE Ratio to the European Forestry industry average.

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

Price to Book Ratio

PB vs Industry: AXS is overvalued based on its PB Ratio (2.2x) compared to the XE Forestry industry average (1.5x).

Future Growth

How is Accsys Technologies forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

Future Growth Score

5/6

Future Growth Score 5/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

71.8%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: AXS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.9%).

Earnings vs Market: AXS is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: AXS's is expected to become profitable in the next 3 years.

Revenue vs Market: AXS's revenue (22.6% per year) is forecast to grow faster than the UK market (4% per year).

High Growth Revenue: AXS's revenue (22.6% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: AXS's Return on Equity is forecast to be low in 3 years time (14.6%).

Past Performance

How has Accsys Technologies performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

44.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: AXS is currently unprofitable.

Growing Profit Margin: AXS is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: AXS is unprofitable, but has reduced losses over the past 5 years at a rate of 44.9% per year.

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

Earnings vs Industry: AXS is unprofitable, making it difficult to compare its past year earnings growth to the Forestry industry (85.9%).

Return on Equity

High ROE: AXS has a negative Return on Equity (-1.22%), as it is currently unprofitable.

Financial Health

How is Accsys Technologies's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: AXS's short term assets (€91.8M) exceed its short term liabilities (€41.7M).

Long Term Liabilities: AXS's short term assets (€91.8M) exceed its long term liabilities (€41.2M).

Debt to Equity History and Analysis

Debt Level: AXS has more cash than its total debt.

Reducing Debt: AXS's debt to equity ratio has increased from 0.6% to 30.8% 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: Insufficient data to determine if AXS has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if AXS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.

Dividend

What is Accsys Technologies's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

Dividend Yield vs Market

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

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

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

Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as AXS has not reported any payouts.

Next Steps

Explore strong dividend paying companies in the Materials industry.

Management

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

4.4yrs

Average management tenure

CEO

Rob Harris (58 yo)

2.5yrs

Tenure

€596,264

Compensation

Mr. Robert John Harris, also known as Rob, has been Chief Executive Officer and Executive Director of Accsys Technologies PLC since November 20, 2019. He has significant experience from across several indu...

CEO Compensation Analysis

Compensation vs Market: Rob's total compensation ($USD628.04K) is below average for companies of similar size in the UK market ($USD1.01M).

Compensation vs Earnings: Rob's compensation has increased whilst the company is unprofitable.

Leadership Team

Experienced Management: AXS's management team is considered experienced (4.4 years average tenure).

Board Members

Experienced Board: AXS's board of directors are considered experienced (5.8 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 2.1%.

Data	Last Updated (UTC time)
Company Analysis	2022/05/17 00:00
End of Day Share Price	2022/05/17 00:00
Earnings	2021/09/30
Annual Earnings	2021/03/31