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accesso Technology Group

Market Cap

UK£259.7m

Last Updated

2021/05/16 21:25 UTC

Data Sources

Company Financials +

Executive Summary

accesso Technology Group plc, together with its subsidiaries, develops technology solutions for the attractions and leisure industry in the United Kingdom, other European countries, Australia, the South Pacific, the United States, Canada, and Central and South America. More Details


Snowflake Analysis

Excellent balance sheet with high growth potential.

Share Price & News

How has accesso Technology Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ACSO is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: ACSO's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

-4.0%

ACSO

-1.1%

GB Software

-1.3%

GB Market


1 Year Return

111.8%

ACSO

4.4%

GB Software

23.3%

GB Market

Return vs Industry: ACSO exceeded the UK Software industry which returned 6.5% over the past year.

Return vs Market: ACSO exceeded the UK Market which returned 27.6% over the past year.


Shareholder returns

ACSOIndustryMarket
7 Day-4.0%-1.1%-1.3%
30 Day-4.0%-6.4%0.4%
90 Day29.9%-7.2%4.7%
1 Year111.8%111.8%14.3%4.4%28.8%23.3%
3 Year-72.3%-72.3%15.0%1.2%10.1%-2.5%
5 Year-50.0%-50.0%29.9%5.7%48.9%20.9%

Long-Term Price Volatility Vs. Market

How volatile is accesso Technology Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is accesso Technology Group 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: ACSO (£6.3) is trading below our estimate of fair value (£14.06)

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: ACSO is good value based on its PB Ratio (2.3x) compared to the GB Software industry average (4.1x).


Future Growth

How is accesso Technology Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

95.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: ACSO's revenue (26.9% per year) is forecast to grow faster than the UK market (5.3% per year).

High Growth Revenue: ACSO's revenue (26.9% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if ACSO's Return on Equity is forecast to be high in 3 years time


Past Performance

How has accesso Technology Group performed over the past 5 years?

-72.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ACSO is currently unprofitable.

Growing Profit Margin: ACSO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ACSO is unprofitable, and losses have increased over the past 5 years at a rate of 72.3% per year.

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

Earnings vs Industry: ACSO is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (3.3%).


Return on Equity

High ROE: ACSO has a negative Return on Equity (-18.94%), as it is currently unprofitable.


Financial Health

How is accesso Technology Group's financial position?


Financial Position Analysis

Short Term Liabilities: ACSO's short term assets ($79.5M) exceed its short term liabilities ($27.4M).

Long Term Liabilities: ACSO's short term assets ($79.5M) exceed its long term liabilities ($39.4M).


Debt to Equity History and Analysis

Debt Level: ACSO's debt to equity ratio (16.9%) is considered satisfactory.

Reducing Debt: ACSO's debt to equity ratio has reduced from 23.2% to 16.9% 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: ACSO has sufficient cash runway for more than 3 years based on its current free cash flow.

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


Dividend

What is accesso Technology Group current dividend yield, its reliability and sustainability?

0.022%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if ACSO'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 ACSO'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?

1.1yrs

Average management tenure


CEO

Steve Brown (52 yo)

1.33yrs

Tenure

US$1,159,191

Compensation

Mr. Steven K. Brown, also known as Steve, has been Chief Executive Officer and Director of accesso Technology Group plc since January 27, 2020. Mr. Brown serves as the President of North America at Accesso...


CEO Compensation Analysis

Compensation vs Market: Steve's total compensation ($USD1.16M) is above average for companies of similar size in the UK market ($USD723.24K).

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


Leadership Team

Experienced Management: ACSO's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

Experienced Board: ACSO'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: ACSO 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 49.9%.


Top Shareholders

Company Information

accesso Technology Group plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: accesso Technology Group plc
  • Ticker: ACSO
  • Exchange: AIM
  • Founded: 2000
  • Industry: Application Software
  • Sector: Software
  • Market Cap: UK£259.680m
  • Shares outstanding: 41.22m
  • Website: https://www.accesso.com

Number of Employees


Location

  • accesso Technology Group plc
  • Unit 5
  • The Pavilions
  • Twyford
  • Berkshire
  • RG10 9NN
  • United Kingdom

Listings


Biography

accesso Technology Group plc, together with its subsidiaries, develops technology solutions for the attractions and leisure industry in the United Kingdom, other European countries, Australia, the South Pa...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/16 21:25
End of Day Share Price2021/05/14 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.