AIM:ACC

Stock Analysis Report

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Market Cap

UK£103.1m

Last Updated

2021/07/31 18:37 UTC

Data Sources

Company Financials +

Executive Summary

Access Intelligence Plc, together with its subsidiaries, provides software as a service products to blue-chip enterprises, communications agencies, public sector bodies, and not-for-profit organizations in the United Kingdom, North America, rest of Europe, and internationally. More Details


Snowflake Analysis

Excellent balance sheet with high growth potential.

Share Price & News

How has Access Intelligence's share price performed over time and what events caused price changes?


Latest Share Price and Events

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

Volatility Over Time: ACC's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

0.4%

ACC

0.5%

GB Software

0.3%

GB Market


1 Year Return

83.2%

ACC

8.7%

GB Software

22.5%

GB Market

Return vs Industry: ACC exceeded the UK Software industry which returned 8.6% over the past year.

Return vs Market: ACC exceeded the UK Market which returned 22.4% over the past year.


Shareholder returns

ACCIndustryMarket
7 Day0.4%0.5%0.3%
30 Day2.1%4.6%-0.7%
90 Day-8.0%6.5%1.5%
1 Year83.2%83.2%18.6%8.7%27.8%22.5%
3 Year120.2%120.2%29.8%14.6%13.3%0.9%
5 Year134.1%134.1%18.1%-5.8%39.6%13.2%

Long-Term Price Volatility Vs. Market

How volatile is Access Intelligence's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ACC (£1.2) is trading below our estimate of fair value (£3.51)

Significantly Below Fair Value: ACC is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ACC is unprofitable, so we can't compare its PE Ratio to the UK Software industry average.

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


Price to Book Ratio

PB vs Industry: ACC is overvalued based on its PB Ratio (6.5x) compared to the GB Software industry average (4.2x).


Future Growth

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

89.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: ACC's revenue (27.8% per year) is forecast to grow faster than the UK market (4.7% per year).

High Growth Revenue: ACC's revenue (27.8% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ACC's Return on Equity is forecast to be low in 3 years time (7%).


Past Performance

How has Access Intelligence performed over the past 5 years?

-10.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ACC is currently unprofitable.

Growing Profit Margin: ACC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ACC is unprofitable, and losses have increased over the past 5 years at a rate of 10.7% per year.

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

Earnings vs Industry: ACC is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (3.6%).


Return on Equity

High ROE: ACC has a negative Return on Equity (-36.61%), as it is currently unprofitable.


Financial Health

How is Access Intelligence's financial position?


Financial Position Analysis

Short Term Liabilities: ACC's short term assets (£17.1M) exceed its short term liabilities (£17.0M).

Long Term Liabilities: ACC's short term assets (£17.1M) exceed its long term liabilities (£3.8M).


Debt to Equity History and Analysis

Debt Level: ACC's debt to equity ratio (11.2%) is considered satisfactory.

Reducing Debt: ACC's debt to equity ratio has reduced from 82.4% to 11.2% 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: ACC has sufficient cash runway for more than a year based on its current free cash flow.

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


Dividend

What is Access Intelligence current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: ACC is not paying a notable dividend for the UK market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ACC'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?

5.0yrs

Average management tenure


CEO

Marguarite Arnold (40 yo)

7yrs

Tenure

UK£259,655

Compensation

Ms. Marguarite Joanna Arnold has been the Chief Executive Officer of Access Intelligence plc since July 2014 and has been an Executive Director since December 16, 2010. Ms. Arnold served as the Chief Opera...


CEO Compensation Analysis

Compensation vs Market: Marguarite's total compensation ($USD361.08K) is about average for companies of similar size in the UK market ($USD325.48K).

Compensation vs Earnings: Marguarite's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: ACC's management team is considered experienced (5 years average tenure).


Board Members

Experienced Board: ACC's board of directors are considered experienced (3.3 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 19%.


Top Shareholders

Company Information

Access Intelligence Plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Access Intelligence Plc
  • Ticker: ACC
  • Exchange: AIM
  • Founded: 2003
  • Industry: Application Software
  • Sector: Software
  • Market Cap: UK£103.069m
  • Shares outstanding: 85.89m
  • Website: https://www.accessintelligence.com

Number of Employees


Location

  • Access Intelligence Plc
  • The Johnson Building
  • 79 Hatton Garden
  • London
  • Greater London
  • EC1N 8AW
  • United Kingdom

Listings


Biography

Access Intelligence Plc, together with its subsidiaries, provides software as a service products to blue-chip enterprises, communications agencies, public sector bodies, and not-for-profit organizations in...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/31 18:37
End of Day Share Price2021/07/30 00:00
Earnings2021/05/31
Annual Earnings2020/11/30


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.