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ACSO

accesso Technology Group AIM:ACSO Stock Report

Last Price

UK£6.46

Market Cap

UK£266.6m

7D

-13.4%

1Y

0.9%

Updated

22 May, 2022

Data

Company Financials +
ACSO fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance3/6
Financial Health6/6
Dividends0/6

ACSO Stock Overview

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.

accesso Technology Group Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for accesso Technology Group
Historical stock prices
Current Share PriceUK£6.46
52 Week HighUK£10.20
52 Week LowUK£5.70
Beta1.59
1 Month Change-17.60%
3 Month Change-9.27%
1 Year Change0.94%
3 Year Change-20.74%
5 Year Change-66.09%
Change since IPO353.33%

Recent News & Updates

May 20
Is It Time To Consider Buying accesso Technology Group plc (LON:ACSO)?

Is It Time To Consider Buying accesso Technology Group plc (LON:ACSO)?

accesso Technology Group plc ( LON:ACSO ), might not be a large cap stock, but it saw significant share price movement...

Mar 29
We Think That There Are Issues Underlying accesso Technology Group's (LON:ACSO) Earnings

We Think That There Are Issues Underlying accesso Technology Group's (LON:ACSO) Earnings

accesso Technology Group plc's ( LON:ACSO ) stock was strong after they reported robust earnings. However, our analysis...

Shareholder Returns

ACSOGB SoftwareGB Market
7D-13.4%-1.9%-0.4%
1Y0.9%-16.5%-4.0%

Return vs Industry: ACSO exceeded the UK Software industry which returned -16.5% over the past year.

Return vs Market: ACSO exceeded the UK Market which returned -4% over the past year.

Price Volatility

Is ACSO's price volatile compared to industry and market?
ACSO volatility
ACSO Average Weekly Movement7.8%
Software Industry Average Movement6.2%
Market Average Movement6.2%
10% most volatile stocks in GB Market11.6%
10% least volatile stocks in GB Market3.2%

Stable Share Price: ACSO is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: ACSO's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2000513Steve Brownhttps://www.accesso.com

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. The company operates through Ticketing and Distribution, and Guest Experience segments. It offers ticketing solutions for fairs and festivals, performing arts, ski, theme parks, tours and attractions, water parks, and zoos and aquariums, as well as cultural facilities.

accesso Technology Group Fundamentals Summary

How do accesso Technology Group's earnings and revenue compare to its market cap?
ACSO fundamental statistics
Market CapUS$332.38m
Earnings (TTM)US$22.02m
Revenue (TTM)US$124.79m

15.1x

P/E Ratio

2.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ACSO income statement (TTM)
RevenueUS$124.79m
Cost of RevenueUS$27.68m
Gross ProfitUS$97.11m
Other ExpensesUS$75.10m
EarningsUS$22.02m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.53
Gross Margin77.82%
Net Profit Margin17.64%
Debt/Equity Ratio0%

How did ACSO perform over the long term?

See historical performance and comparison

Valuation

Is accesso Technology Group undervalued compared to its fair value and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


46.9%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: ACSO (£6.46) is trading below our estimate of fair value (£12.17)

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


Price To Earnings Ratio

PE vs Industry: ACSO is good value based on its PE Ratio (15.1x) compared to the UK Software industry average (41.6x).

PE vs Market: ACSO is good value based on its PE Ratio (15.1x) compared to the UK market (15.4x).


Price to Earnings Growth Ratio

PEG Ratio: ACSO's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: ACSO is good value based on its PB Ratio (1.8x) compared to the GB Software industry average (2.7x).


Future Growth

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

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-13.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ACSO's earnings are forecast to decline over the next 3 years (-13.1% per year).

Earnings vs Market: ACSO's earnings are forecast to decline over the next 3 years (-13.1% per year).

High Growth Earnings: ACSO's earnings are forecast to decline over the next 3 years.

Revenue vs Market: ACSO's revenue (9.3% per year) is forecast to grow faster than the UK market (4.1% per year).

High Growth Revenue: ACSO's revenue (9.3% per year) is forecast to grow slower 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?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-37.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ACSO has high quality earnings.

Growing Profit Margin: ACSO became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: ACSO has become profitable over the past 5 years, growing earnings by -37.1% per year.

Accelerating Growth: ACSO has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ACSO has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (-13.7%).


Return on Equity

High ROE: ACSO's Return on Equity (12%) is considered low.


Financial Health

How is accesso Technology Group's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: ACSO's short term assets ($87.9M) exceed its short term liabilities ($38.8M).

Long Term Liabilities: ACSO's short term assets ($87.9M) exceed its long term liabilities ($7.9M).


Debt to Equity History and Analysis

Debt Level: ACSO is debt free.

Reducing Debt: ACSO has no debt compared to 5 years ago when its debt to equity ratio was 12.3%.

Debt Coverage: ACSO has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: ACSO has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

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.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as ACSO has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

2.1yrs

Average management tenure


CEO

Steve Brown (53 yo)

2.33yrs

Tenure

US$1,893,000

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 ($USD1.89M) is above average for companies of similar size in the UK market ($USD1.02M).

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


Leadership Team

Experienced Management: ACSO's management team is considered experienced (2.1 years average tenure).


Board Members

Experienced Board: ACSO's board of directors are not considered experienced ( 2.8 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: 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

accesso Technology Group plc's 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
  • Implied Market Cap: UK£266.650m
  • Shares outstanding: 41.28m
  • Website: https://www.accesso.com

Number of Employees


Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/22 00:00
End of Day Share Price2022/05/20 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.