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ASC

ASOSAIM:ASC Stock Report

Last Price

UK£22.37

Market Cap

UK£2.2b

7D

-4.3%

1Y

-53.3%

Updated

23 Jan, 2022

Data

Company Financials +
ASC fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance3/6
Financial Health5/6
Dividends0/6

ASC Stock Overview

ASOS Plc operates as an online fashion retailer worldwide.

ASOS Competitors

THG

LSE:THG

UK£1.8b

boohoo group

AIM:BOO

UK£1.3b

N Brown Group

AIM:BWNG

UK£187.4m

Alibaba Group Holding

NYSE:BABA

US$334.1b

Price History & Performance

Summary of all time highs, changes and price drops for ASOS
Historical stock prices
Current Share PriceUK£22.37
52 Week HighUK£59.95
52 Week LowUK£19.71
Beta2.66
1 Month Change-3.03%
3 Month Change-14.32%
1 Year Change-53.28%
3 Year Change-31.88%
5 Year Change-57.87%
Change since IPO8,848.00%

Recent News & Updates

Jan 08
Estimating The Intrinsic Value Of ASOS Plc (LON:ASC)

Estimating The Intrinsic Value Of ASOS Plc (LON:ASC)

How far off is ASOS Plc ( LON:ASC ) from its intrinsic value? Using the most recent financial data, we'll take a look...

Dec 06
The Returns On Capital At ASOS (LON:ASC) Don't Inspire Confidence

The Returns On Capital At ASOS (LON:ASC) Don't Inspire Confidence

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...

Nov 18
Does ASOS (LON:ASC) Have A Healthy Balance Sheet?

Does ASOS (LON:ASC) Have A Healthy Balance Sheet?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

ASCGB Online RetailGB Market
7D-4.3%-5.7%-1.3%
1Y-53.3%-65.8%7.8%

Return vs Industry: ASC exceeded the UK Online Retail industry which returned -65.8% over the past year.

Return vs Market: ASC underperformed the UK Market which returned 7.8% over the past year.

Price Volatility

Is ASC's price volatile compared to industry and market?
ASC volatility
ASC Average Weekly Movement8.0%
Online Retail Industry Average Movement6.4%
Market Average Movement5.0%
10% most volatile stocks in GB Market10.7%
10% least volatile stocks in GB Market2.5%

Stable Share Price: ASC is more volatile than 75% of UK stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: ASC's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of UK stocks.

About the Company

FoundedEmployeesCEOWebsite
20003,126n/ahttps://www.asosplc.com

ASOS Plc operates as an online fashion retailer worldwide. It offers womenswear and menswear products. The company sells its products under the ASOS Design, ASOS Edition, ASOS 4505, Collusion, Reclaimed Vintage, Topshop, Topman, Miss Selfridge and HIIT brands, as well as through third-party brands.

ASOS Fundamentals Summary

How do ASOS's earnings and revenue compare to its market cap?
ASC fundamental statistics
Market CapUK£2.23b
Earnings (TTM)UK£128.40m
Revenue (TTM)UK£3.91b

17.4x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ASC income statement (TTM)
RevenueUK£3.91b
Cost of RevenueUK£2.13b
Gross ProfitUK£1.78b
ExpensesUK£1.65b
EarningsUK£128.40m

Last Reported Earnings

Aug 31, 2021

Next Earnings Date

Apr 12, 2022

Earnings per share (EPS)1.29
Gross Margin45.43%
Net Profit Margin3.28%
Debt/Equity Ratio44.8%

How did ASC perform over the long term?

See historical performance and comparison

Valuation

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

4.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ASC (£22.37) is trading below our estimate of fair value (£23.41)

Significantly Below Fair Value: ASC is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: ASC is good value based on its PE Ratio (17.4x) compared to the UK Online Retail industry average (19x).

PE vs Market: ASC is good value based on its PE Ratio (17.4x) compared to the UK market (18.9x).


Price to Earnings Growth Ratio

PEG Ratio: ASC is poor value based on its PEG Ratio (1.2x)


Price to Book Ratio

PB vs Industry: ASC is good value based on its PB Ratio (2.2x) compared to the GB Online Retail industry average (2.9x).


Future Growth

How is ASOS forecast to perform in the next 1 to 3 years based on estimates from 26 analysts?

14.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ASC's forecast earnings growth (14.4% per year) is above the savings rate (0.9%).

Earnings vs Market: ASC's earnings (14.4% per year) are forecast to grow faster than the UK market (12.1% per year).

High Growth Earnings: ASC's earnings are forecast to grow, but not significantly.

Revenue vs Market: ASC's revenue (12.6% per year) is forecast to grow faster than the UK market (4.8% per year).

High Growth Revenue: ASC's revenue (12.6% 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 (11.8%).


Past Performance

How has ASOS performed over the past 5 years?

25.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ASC has high quality earnings.

Growing Profit Margin: ASC's current net profit margins (3.3%) are lower than last year (3.5%).


Past Earnings Growth Analysis

Earnings Trend: ASC's earnings have grown significantly by 25.5% per year over the past 5 years.

Accelerating Growth: ASC's earnings growth over the past year (13.3%) is below its 5-year average (25.5% per year).

Earnings vs Industry: ASC earnings growth over the past year (13.3%) exceeded the Online Retail industry -24.9%.


Return on Equity

High ROE: ASC's Return on Equity (12.4%) is considered low.


Financial Health

How is ASOS's financial position?


Financial Position Analysis

Short Term Liabilities: ASC's short term assets (£1.6B) exceed its short term liabilities (£998.0M).

Long Term Liabilities: ASC's short term assets (£1.6B) exceed its long term liabilities (£852.5M).


Debt to Equity History and Analysis

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

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 (46.4%).

Interest Coverage: ASC's interest payments on its debt are well covered by EBIT (14.8x coverage).


Balance Sheet


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?

2.2yrs

Average management tenure


CEO

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


Leadership Team

Experienced Management: ASC's management team is considered experienced (2.2 years average tenure).


Board Members

Experienced Board: ASC's board of directors are not considered experienced ( 2.2 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: 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

ASOS Plc's 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
  • Implied Market Cap: UK£2.230b
  • Shares outstanding: 99.70m
  • Website: https://www.asosplc.com

Number of Employees


Location

  • ASOS Plc
  • Greater London House
  • Hampstead Road
  • London
  • Greater London
  • NW1 7FB
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/23 18:44
End of Day Share Price2022/01/21 00:00
Earnings2021/08/31
Annual Earnings2021/08/31


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.