Market Cap
UK£958.2m
Last Updated
2020/03/30 20:48 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, and Russia.
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential with adequate balance sheet.
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's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
4.6%
ASC
3.3%
GB Online Retail
10.0%
GB Market
1 Year Return
-64.2%
ASC
-13.2%
GB Online Retail
-23.0%
GB Market
Return vs Industry: ASC underperformed the UK Online Retail industry which returned -12.3% over the past year.
Return vs Market: ASC underperformed the UK Market which returned -22.7% over the past year.
Shareholder returns
| ASC | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.6% | 3.3% | 10.0% |
| 30 Day | -61.8% | -12.7% | -17.6% |
| 90 Day | -66.1% | -18.6% | -27.3% |
| 1 Year | -64.2%-64.2% | -12.8%-13.2% | -18.9%-23.0% |
| 3 Year | -80.8%-80.8% | 20.0%17.6% | -12.9%-24.2% |
| 5 Year | -69.6%-69.6% | 60.8%55.1% | 1.6%-21.8% |
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
1 week ago | Simply Wall St
Is There An Opportunity With ASOS Plc's (LON:ASC) 40% Undervaluation?3 weeks ago | Simply Wall St
Did ASOS Plc (LON:ASC) Insiders Sell Shares?1 month ago | Simply Wall St
A Closer Look At ASOS Plc's (LON:ASC) Uninspiring ROEValuation
Is ASOS undervalued compared to its fair value and its price relative to the market?
35.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ASC (£11.45) is trading below our estimate of fair value (£17.83)
Significantly Below Fair Value: ASC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ASC is poor value based on its PE Ratio (38.9x) compared to the Online Retail industry average (18x).
PE vs Market: ASC is poor value based on its PE Ratio (38.9x) compared to the UK market (12.5x).
Price to Earnings Growth Ratio
PEG Ratio: ASC is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: ASC is good value based on its PB Ratio (2.1x) compared to the GB Online Retail industry average (2.3x).
Next Steps
Future Growth
How is ASOS forecast to perform in the next 1 to 3 years based on estimates from 27 analysts?
31.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ASC's forecast earnings growth (31.1% per year) is above the savings rate (0.5%).
Earnings vs Market: ASC's earnings (31.1% per year) are forecast to grow faster than the UK market (15.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ASC's revenue (12.5% per year) is forecast to grow faster than the UK market (2.6% per year).
High Growth Revenue: ASC's revenue (12.5% 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 (14.2%).
Next Steps
Past Performance
How has ASOS performed over the past 5 years?
10.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ASC has a high level of non-cash earnings.
Growing Profit Margin: ASC's current net profit margins (0.9%) are lower than last year (3.4%).
Past Earnings Growth Analysis
Earnings Trend: ASC's earnings have grown by 10.5% per year over the past 5 years.
Accelerating Growth: ASC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ASC had negative earnings growth (-70.1%) over the past year, making it difficult to compare to the Online Retail industry average (-7.2%).
Return on Equity
High ROE: ASC's Return on Equity (5.4%) is considered low.
Next Steps
Financial Health
How is ASOS's financial position?
Financial Position Analysis
Short Term Liabilities: ASC's short term assets (£623.2M) do not cover its short term liabilities (£772.2M).
Long Term Liabilities: ASC's short term assets (£623.2M) exceed its long term liabilities (£19.7M).
Debt to Equity History and Analysis
Debt Level: ASC's debt to equity ratio (20%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if ASC's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ASC's debt is well covered by operating cash flow (99.1%).
Interest Coverage: ASC's interest payments on its debt are well covered by EBIT (17.6x coverage).
Balance Sheet
Inventory Level: ASC has a high level of physical assets or inventory.
Debt Coverage by Assets: ASC's debt is covered by short term assets (assets are 6.9x debt).
Next Steps
Dividend
What is ASOS's current dividend yield, its reliability and sustainability?
0.29%
Forecast Dividend Yield
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 payouts.
High Dividend: Unable to evaluate ASC's dividend yield against the top 25% of dividend payers, as the company has not reported any 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?
2.9yrs
Average management tenure
CEO
Nick Beighton (50yo)
4.5s
Tenure
UK£796,921
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 ($USD988.63K) is about average for companies of similar size in the UK market ($USD1.28M).
Compensation vs Earnings: Nick's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Member of Executive Board & Director | 4.5yrs | UK£796.92k | 0.21% £2.0m | |
| Co-Founder & Non-Executive Director | 4.5yrs | UK£56.04k | 5.54% £53.1m | |
| CFO & Director | 0.92yr | UK£849.06k | 0.011% £100.7k | |
| COO & Member of Executive Board | 1.25yrs | no data | no data | |
| Member of Executive Board | no data | no data | no data | |
| Chief Information Officer | 4.83yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| General Counsel & Company Secretary | 0.75yr | no data | no data | |
| People Experience Director | 5yrs | no data | no data | |
| Chief Growth Officer | 0.33yr | no data | no data |
2.9yrs
Average Tenure
49yo
Average Age
Experienced Management: ASC's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Member of Executive Board & Director | 4.5yrs | UK£796.92k | 0.21% £2.0m | |
| Co-Founder & Non-Executive Director | 4.5yrs | UK£56.04k | 5.54% £53.1m | |
| CFO & Director | 0.92yr | UK£849.06k | 0.011% £100.7k | |
| Senior Independent & Non-Executive Director | 6.42yrs | UK£70.47k | 0.0018% £17.2k | |
| Independent Non-executive Director | 5.92yrs | UK£65.20k | 0.00094% £9.0k | |
| Independent Non-executive Director | 5.92yrs | UK£57.01k | no data | |
| Independent Non-executive Director | 0.42yr | no data | no data | |
| Non-Executive Chairman | 1.33yrs | UK£265.54k | 0.0095% £91.0k | |
| Independent Non-Executive Director | 0.33yr | no data | no data | |
| Independent Non-Executive Director | 0.33yr | no data | no data |
2.9yrs
Average Tenure
55yo
Average Age
Experienced Board: ASC's board of directors are not considered experienced ( 2.9 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 not been meaningfully diluted in the past year.
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£958.221m
- Shares outstanding: 83.69m
- 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 |
| DYQ | BRSE (Berne Stock Exchange) | Yes | Ordinary Shares | CH | CHF | 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, and Russia. It offers womenswear and menswear products. The company sells approximately 85,000 branded and ASOS brand products primarily through its Website, asos.com, as well as through social media platforms. It is also involved in marketing staff employment and payment processing businesses. The company was founded in 2000 and is headquartered in London, the United Kingdom.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/30 20:48 |
| End of Day Share Price | 2020/03/30 00:00 |
| Earnings | 2019/08/31 |
| Annual Earnings | 2019/08/31 |
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.