AIM:ACSO

Stock Analysis Report

accesso Technology Group

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.

Snowflake

Fundamentals

Flawless balance sheet with reasonable growth potential.

Risks

  • accesso Technology Group has significant price volatility in the past 3 months.

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


Market Performance


7 Day Return

-4.7%

AIM:ACSO

1.5%

GB Electronic

0.4%

GB Market


1 Year Return

-65.6%

AIM:ACSO

-5.9%

GB Electronic

-6.2%

GB Market

ACSO underperformed the Electronic industry which returned -5.6% over the past year.

ACSO underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -6.2% over the past year.


Share holder returns

ACSOIndustryMarket
7 Day-4.7%1.5%0.4%
30 Day-17.2%-5.9%-4.7%
90 Day12.3%-2.0%-2.3%
1 Year-65.6%-65.6%-4.3%-5.9%-1.7%-6.2%
3 Year-40.9%-40.9%56.7%49.7%16.8%2.9%
5 Year82.1%82.1%104.5%86.9%24.2%-2.3%

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 based on future cash flows and its price relative to the stock market?

27%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

accesso Technology Group's share price is below the future cash flow value, and at a moderate discount (> 20%).

accesso Technology Group's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

accesso Technology Group is overvalued based on earnings compared to the GB Electronic industry average.

accesso Technology Group is overvalued based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.


Price Based on Expected Growth

accesso Technology Group is poor value based on expected growth next year.


Price Based on Value of Assets

accesso Technology Group is good value based on assets compared to the GB Electronic industry average.


Next Steps

Future Growth

How is accesso Technology Group expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

48.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

accesso Technology Group's revenue is expected to grow by 8.3% yearly, however this is not considered high growth (20% yearly).

accesso Technology Group's earnings are expected to grow significantly at over 20% yearly.

accesso Technology Group's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.

accesso Technology Group's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.

accesso Technology Group's earnings growth is expected to exceed the low risk savings rate of 1.2%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if accesso Technology Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

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

21.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

accesso Technology Group has delivered over 20% year on year earnings growth in the past 5 years.

accesso Technology Group's 1-year earnings growth is negative, it can't be compared to the 5-year average.

accesso Technology Group's 1-year earnings growth is negative, it can't be compared to the GB Electronic industry average.


Return on Equity

accesso Technology Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

accesso Technology Group used its assets less efficiently than the GB Electronic industry average last year based on Return on Assets.


Return on Capital Employed

accesso Technology Group's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is accesso Technology Group's financial position?


Financial Position Analysis

accesso Technology Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

accesso Technology Group's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

accesso Technology Group's level of debt (11.1%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (19% vs 11.1% today).

Debt is well covered by operating cash flow (85.9%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 17.1x coverage).


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 2.3x debt.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate accesso Technology Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate accesso Technology Group's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as accesso Technology Group has not reported any payouts.

Unable to verify if accesso Technology Group's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as accesso Technology Group has not reported any payouts.


Future Payout to Shareholders

No need to calculate the sustainability of accesso Technology Group's dividends in 3 years as they are not expected to pay a notable one for United Kingdom of Great Britain and Northern Ireland.


Next Steps

Management

What is the CEO of accesso Technology Group's salary, the management and board of directors tenure and is there insider trading?

1.5yrs

Average management tenure


CEO

Jr. Noland 0

1.3yrs

Tenure

US$437,024

Compensation

Mr. Royce Paul Noland Jr. serves as the Chief Executive Officer and Director of Accesso Technology Group plc since April 09, 2018. He is a leader in the leisure industry, who in his current role at IAAPA h ...


CEO Compensation Analysis

Jr.'s remuneration is lower than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.

Insufficient data for Jr. to compare compensation growth.


Management Age and Tenure

1.5yrs

Average Tenure

51yo

Average Age

The average tenure for the accesso Technology Group management team is less than 2 years, this suggests a new team.


Board Age and Tenure

1.3yrs

Average Tenure

57.5yo

Average Age

The average tenure for the accesso Technology Group board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

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Role
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CEO & Director
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Max PriceUS$9.80
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William Russell
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Role
Chairman of the Board
Non-Executive Chairman
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Ownership Breakdown


Management Team

  • Steve Drake (59yo)

    Senior VP of Global Initiatives & Founding Team Member

    • Tenure: 0.0yrs
  • Steve Brown (51yo)

    • Tenure: 1.3yrs
    • Compensation: US$461.50k
  • John Alder (51yo)

    CFO, Finance Director & Executive Director

    • Tenure: 10.0yrs
    • Compensation: US$511.00k
  • Eric Petrusic

    President of Ticketing

    • Tenure: 1.6yrs
  • Sidney Chou

    Managing Director of Asia Pacific

    • Tenure: 0.0yrs
  • Mark Danemann

    Chief Information Officer

    • Tenure: 1.6yrs
  • Andrew Jacobs

    MD of Europe & President of Accesso Loqueue

    • Tenure: 3.6yrs
  • Maura Schiefelbein

    Vice President of People

    • Tenure: 1.5yrs
  • Jr. Noland

    CEO & Director

    • Tenure: 1.3yrs
    • Compensation: US$437.02k
  • John Guilfoy

    Chief Operating Officer

    • Tenure: 0.2yrs

Board Members

  • Bill Russell (67yo)

    Non-Executive Chairman

    • Tenure: 0.4yrs
  • Karen Slatford (62yo)

    Senior Independent Director

    • Tenure: 1.2yrs
    • Compensation: US$60.00k
  • Andy Malpass (57yo)

    Independent Non-Executive Director

    • Tenure: 1.2yrs
    • Compensation: US$29.00k
  • Tom Burnet (51yo)

    Non-Executive Director

    • Tenure: 0.0yrs
    • Compensation: US$622.00k
  • David Gammon (58yo)

    Non-Executive Director

    • Tenure: 8.8yrs
    • Compensation: US$57.00k
  • John Alder (51yo)

    CFO, Finance Director & Executive Director

    • Tenure: 10.0yrs
    • Compensation: US$511.00k
  • Jr. Noland

    CEO & Director

    • Tenure: 1.3yrs
    • Compensation: US$437.02k

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: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: UK£250.468m
  • Shares outstanding: 27.37m
  • Website: https://www.accesso.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ACSOAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPNov 2000
LOQP.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDNov 2000
LOQP.FOTCPK (Pink Sheets LLC)SHSUSUSDFeb 2015

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 Analysis2019/08/24 20:38
End of Day Share Price2019/08/23 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


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.