Market Cap
UK£5.8b
Last Updated
2021/02/23 20:04 UTC
Data Sources
Company Financials +
Executive Summary
ASOS Plc operates as an online fashion retailer in the United Kingdom, the United States, Australia, France, Germany, Spain, Italy, Sweden, the Netherlands, Denmark, Poland, and Russia. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with solid track record.
Similar Companies
Share Price & News
How has ASOS's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ASC is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: ASC's weekly volatility has decreased from 12% to 6% over the past year.
Market Performance
7 Day Return
1.8%
ASC
-6.7%
GB Online Retail
-1.8%
GB Market
1 Year Return
82.0%
ASC
69.0%
GB Online Retail
-2.0%
GB Market
Return vs Industry: ASC exceeded the UK Online Retail industry which returned 70.6% over the past year.
Return vs Market: ASC exceeded the UK Market which returned -4% over the past year.
Shareholder returns
| ASC | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.8% | -6.7% | -1.8% |
| 30 Day | 18.4% | -4.2% | -0.1% |
| 90 Day | 28.8% | 11.8% | 5.9% |
| 1 Year | 82.0%82.0% | 69.0%69.0% | 2.1%-2.0% |
| 3 Year | -24.2%-24.2% | 66.2%64.7% | 8.5%-4.5% |
| 5 Year | 82.8%82.8% | 244.7%229.3% | 41.2%14.0% |
Long-Term Price Volatility Vs. Market
How volatile is ASOS's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall St
Is ASOS Plc's(LON:ASC) Recent Stock Performance Tethered To Its Strong Fundamentals?2 weeks ago | Simply Wall St
Insider Buying: The ASOS Plc (LON:ASC) Independent Non-Executive Director Just Bought 15% More Shares1 month ago | Simply Wall St
Should We Be Excited About The Trends Of Returns At ASOS (LON:ASC)?Valuation
Is ASOS undervalued compared to its fair value and its price relative to the market?
44.87x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ASC (£56.68) is trading above our estimate of fair value (£56.21)
Significantly Below Fair Value: ASC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ASC is poor value based on its PE Ratio (44.9x) compared to the GB Online Retail industry average (38.6x).
PE vs Market: ASC is poor value based on its PE Ratio (44.9x) compared to the UK market (23.5x).
Price to Earnings Growth Ratio
PEG Ratio: ASC is poor value based on its PEG Ratio (2.5x)
Price to Book Ratio
PB vs Industry: ASC is overvalued based on its PB Ratio (7x) compared to the GB Online Retail industry average (5.9x).
Next Steps
Future Growth
How is ASOS forecast to perform in the next 1 to 3 years based on estimates from 23 analysts?
18.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ASC's forecast earnings growth (18% per year) is above the savings rate (1%).
Earnings vs Market: ASC's earnings (18% per year) are forecast to grow slower than the UK market (23.6% per year).
High Growth Earnings: ASC's earnings are forecast to grow, but not significantly.
Revenue vs Market: ASC's revenue (13.6% per year) is forecast to grow faster than the UK market (7% per year).
High Growth Revenue: ASC's revenue (13.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ASC's Return on Equity is forecast to be low in 3 years time (14.5%).
Next Steps
Past Performance
How has ASOS performed over the past 5 years?
10.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ASC has high quality earnings.
Growing Profit Margin: ASC's current net profit margins (3.5%) are higher than last year (0.9%).
Past Earnings Growth Analysis
Earnings Trend: ASC's earnings have grown by 10.7% per year over the past 5 years.
Accelerating Growth: ASC's earnings growth over the past year (358.5%) exceeds its 5-year average (10.7% per year).
Earnings vs Industry: ASC earnings growth over the past year (358.5%) exceeded the Online Retail industry 30.7%.
Return on Equity
High ROE: ASC's Return on Equity (14%) is considered low.
Next Steps
Financial Health
How is ASOS's financial position?
Financial Position Analysis
Short Term Liabilities: ASC's short term assets (£1.0B) exceed its short term liabilities (£854.1M).
Long Term Liabilities: ASC's short term assets (£1.0B) exceed its long term liabilities (£325.0M).
Debt to Equity History and Analysis
Debt Level: ASC is debt free.
Reducing Debt: ASC had no debt 5 years ago.
Debt Coverage: ASC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ASC has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is ASOS current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ASC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ASC'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 ASC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ASC'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 ASC'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?
1.8yrs
Average management tenure
CEO
Nick Beighton (51 yo)
5.42yrs
Tenure
UK£1,689,682
Compensation
Mr. Nicholas Beighton, also known as Nick, has been the Chief Executive Officer of ASOS plc since September 2, 2015 and also serves as its Member of Executive Board. Mr. Beighton served as the Chief Operat...
CEO Compensation Analysis
Compensation vs Market: Nick's total compensation ($USD2.37M) is about average for companies of similar size in the UK market ($USD2.65M).
Compensation vs Earnings: Nick's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Member of Executive Board & Director | 5.42yrs | UK£1.69m | 0.18% £ 10.7m | |
| Co-Founder & Non-Executive Director | 5.42yrs | UK£55.04k | 3.35% £ 193.6m | |
| CFO & Director | 1.83yrs | UK£917.04k | 0.012% £ 696.3k | |
| COO & Member of Executive Board | no data | no data | no data | |
| Member of Executive Board | no data | no data | no data | |
| Chief Information Officer | 5.75yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| General Counsel & Company Secretary | 1.67yrs | no data | no data | |
| Chief People Officer | 0.83yr | no data | no data | |
| Chief Growth Officer | 1.25yrs | no data | no data | |
| Chief Strategy Officer | 0.75yr | no data | no data |
1.8yrs
Average Tenure
50yo
Average Age
Experienced Management: ASC's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Member of Executive Board & Director | 5.42yrs | UK£1.69m | 0.18% £ 10.7m | |
| Co-Founder & Non-Executive Director | 5.42yrs | UK£55.04k | 3.35% £ 193.6m | |
| CFO & Director | 1.83yrs | UK£917.04k | 0.012% £ 696.3k | |
| Senior Independent Non-Executive Director | 7.33yrs | UK£70.04k | 0.0015% £ 87.3k | |
| Independent Non-Executive Director | 0.83yr | UK£20.66k | no data | |
| Independent Non-executive Director | 1.33yrs | UK£57.95k | 0.00064% £ 37.0k | |
| Non-Executive Chairman | 2.25yrs | UK£350.04k | 0.021% £ 1.2m | |
| Independent Non-Executive Director | 1.25yrs | UK£45.87k | 0.016% £ 913.0k | |
| Independent Non-Executive Director | 1.25yrs | UK£45.87k | 0.0020% £ 116.1k |
1.8yrs
Average Tenure
54.5yo
Average Age
Experienced Board: ASC's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ASC insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 19%.
Top Shareholders
Company Information
ASOS Plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: ASOS Plc
- Ticker: ASC
- Exchange: AIM
- Founded: 2000
- Industry: Internet and Direct Marketing Retail
- Sector: Retail
- Market Cap: UK£5.778b
- Shares outstanding: 99.59m
- Website: https://www.asosplc.com
Number of Employees
Location
- ASOS Plc
- Greater London House
- Hampstead Road
- London
- Greater London
- NW1 7FB
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ASOM.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Oct 2001 |
| ASC | AIM (London Stock Exchange AIM Market) | Yes | Ordinary Shares | GB | GBP | Oct 2001 |
| DYQ | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Oct 2001 |
| ASOM.Y | OTCPK (Pink Sheets LLC) | UNSPONSORD ADR | US | USD | Jun 2010 |
Biography
ASOS Plc operates as an online fashion retailer in the United Kingdom, the United States, Australia, France, Germany, Spain, Italy, Sweden, the Netherlands, Denmark, Poland, and Russia. It offers womenswea...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/23 20:04 |
| End of Day Share Price | 2021/02/23 00:00 |
| Earnings | 2020/08/31 |
| Annual Earnings | 2020/08/31 |
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.