Automatic Systems Ltd. operates a totalisator system (Tote) of betting on horse races organized by the Mauritius Turf Club in Mauritius.
Price History & Performance
|Historical stock prices|
|Current Share Price||MU₨98.25|
|52 Week High||MU₨75.25|
|52 Week Low||MU₨105.00|
|1 Month Change||6.79%|
|3 Month Change||-6.43%|
|1 Year Change||25.96%|
|3 Year Change||34.59%|
|5 Year Change||69.40%|
|Change since IPO||173.68%|
Recent News & Updates
|ASL.N0000||MU Hospitality||MU Market|
Return vs Industry: ASL.N0000 underperformed the MU Hospitality industry which returned 38.7% over the past year.
Return vs Market: ASL.N0000 exceeded the MU Market which returned 13.9% over the past year.
Stable Share Price: ASL.N0000 is not significantly more volatile than the rest of MU stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: ASL.N0000's weekly volatility (3%) has been stable over the past year.
About the Company
|1991||30||Robert Ah Yan||https://www.automaticsystemsltd.mu|
Automatic Systems Ltd. operates a totalisator system (Tote) of betting on horse races organized by the Mauritius Turf Club in Mauritius. It operates through three segments: Totalisator, Fixed Odds, and All Other Segments. The company also organizes fixed odds betting on foreign football matches in Mauritius, as well as in Kenya and Nigeria.
Automatic Systems Fundamentals Summary
|ASL.N0000 fundamental statistics|
Is ASL.N0000 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ASL.N0000 income statement (TTM)|
|Cost of Revenue||MU₨17.17m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||13.55|
|Net Profit Margin||10.62%|
How did ASL.N0000 perform over the long term?See historical performance and comparison
5.1%Current Dividend Yield
Is Automatic Systems undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ASL.N0000 (MUR98.25) is trading below our estimate of fair value (MUR1230.09)
Significantly Below Fair Value: ASL.N0000 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ASL.N0000 is good value based on its PE Ratio (7.2x) compared to the African Hospitality industry average (27.1x).
PE vs Market: ASL.N0000 is good value based on its PE Ratio (7.2x) compared to the MU market (14.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ASL.N0000's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ASL.N0000 is overvalued based on its PB Ratio (3.4x) compared to the MU Hospitality industry average (0.9x).
How is Automatic Systems forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Consumer Services industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Automatic Systems has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Automatic Systems performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ASL.N0000 has high quality earnings.
Growing Profit Margin: ASL.N0000's current net profit margins (10.6%) are higher than last year (6.3%).
Past Earnings Growth Analysis
Earnings Trend: ASL.N0000's earnings have grown by 11.9% per year over the past 5 years.
Accelerating Growth: ASL.N0000's earnings growth over the past year (139.2%) exceeds its 5-year average (11.9% per year).
Earnings vs Industry: ASL.N0000 earnings growth over the past year (139.2%) exceeded the Hospitality industry 23.9%.
Return on Equity
High ROE: ASL.N0000's Return on Equity (50%) is considered outstanding.
How is Automatic Systems's financial position?
Financial Position Analysis
Short Term Liabilities: ASL.N0000's short term assets (MUR74.5M) do not cover its short term liabilities (MUR85.7M).
Long Term Liabilities: ASL.N0000's short term assets (MUR74.5M) exceed its long term liabilities (MUR4.5M).
Debt to Equity History and Analysis
Debt Level: ASL.N0000 is debt free.
Reducing Debt: ASL.N0000 had no debt 5 years ago.
Debt Coverage: ASL.N0000 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ASL.N0000 has no debt, therefore coverage of interest payments is not a concern.
What is Automatic Systems's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ASL.N0000's dividend (5.09%) is higher than the bottom 25% of dividend payers in the MU market (2.11%).
High Dividend: ASL.N0000's dividend (5.09%) is in the top 25% of dividend payers in the MU market (3.69%)
Stability and Growth of Payments
Stable Dividend: ASL.N0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: ASL.N0000's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (36.9%), ASL.N0000's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Robert Ah Yan (52 yo)
Mr. Robert Ah Yan has been General Manager at Automatic Systems Ltd. since August 01, 2020. He has been Tote and Sports Systems Manager at Automatic Systems Ltd.since 2011. Mr. Yan joined Hardy Henry & Ci...
Experienced Board: ASL.N0000's board of directors are seasoned and experienced ( 11.6 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Automatic Systems Ltd.'s employee growth, exchange listings and data sources
- Name: Automatic Systems Ltd.
- Ticker: ASL.N0000
- Exchange: MUSE
- Founded: 1991
- Industry: Casinos and Gaming
- Sector: Consumer Services
- Market Cap: MU₨347.314m
- Shares outstanding: 3.54m
- Website: https://www.automaticsystemsltd.mu
Number of Employees
- Automatic Systems Ltd.
- Palm Square
- 2nd Floor
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 21:40|
|End of Day Share Price||2021/10/18 00:00|
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.