ACE Stock Overview
Ascension Capital Limited is a publicly owned investment manager.
Ascension Capital Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||NZ$0.055|
|52 Week High||NZ$0.10|
|52 Week Low||NZ$0.05|
|1 Month Change||n/a|
|3 Month Change||n/a|
|1 Year Change||n/a|
|3 Year Change||-86.25%|
|5 Year Change||-45.00%|
|Change since IPO||-100.00%|
Recent News & Updates
How Many Ascension Capital Limited (NZSE:ACE) Shares Have Insiders Sold, In The Last Year?
We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be...
Have Insiders Been Selling Ascension Capital Limited (NZSE:ACE) Shares This Year?
It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...
|ACE||NZ Capital Markets||NZ Market|
Return vs Industry: Insufficient data to determine how ACE performed against the NZ Capital Markets industry.
Return vs Market: Insufficient data to determine how ACE performed against the NZ Market.
|ACE Average Weekly Movement||n/a|
|Capital Markets Industry Average Movement||5.8%|
|Market Average Movement||4.4%|
|10% most volatile stocks in NZ Market||8.2%|
|10% least volatile stocks in NZ Market||3.0%|
Stable Share Price: Insufficient data to determine ACE's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine ACE's volatility change over the past year.
About the Company
|n/a||n/a||Joe van Wijk|
Ascension Capital Limited is a publicly owned investment manager. The firm is listed on the New Zealand Stock Exchange. The company was formerly known as TRS Investments Limited and changed its name to Ascension Capital Limited in July 2020.
Ascension Capital Fundamentals Summary
|ACE fundamental statistics|
Is ACE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ACE income statement (TTM)|
|Cost of Revenue||NZ$0|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.0089|
|Net Profit Margin||-106,317.39%|
How did ACE perform over the long term?See historical performance and comparison
Is ACE undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for ACE?
Other financial metrics that can be useful for relative valuation.
|What is ACE's n/a Ratio?|
Price to Book Ratio vs Peers
How does ACE's PB Ratio compare to its peers?
|ACE PB Ratio vs Peers|
|Company||PB||Estimated Growth||Market Cap|
531314 Integra Capital Management
GLAE GlassBridge Enterprises
523722 Svam Software
JJJJ.P J4 Ventures
ACE Ascension Capital
Price-To-Book vs Peers: ACE is good value based on its Price-To-Book Ratio (-1.7x) compared to the peer average (1x).
Price to Earnings Ratio vs Industry
How does ACE's PE Ratio compare vs other companies in the Oceanian Capital Markets Industry?
Price-To-Book vs Industry: ACE is good value based on its Price-To-Book Ratio (-1.7x) compared to the Oceanic Capital Markets industry average (1.2x)
Price to Book Ratio vs Fair Ratio
What is ACE's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PB Ratio||-1.7x|
|Fair PB Ratio||n/a|
Price-To-Book vs Fair Ratio: Insufficient data to calculate ACE's Price-To-Book Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of ACE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate ACE's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate ACE's fair value for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
Discover undervalued companies
- Take a look at our analysis of ACE's management and see if the CEO's compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don't know where to start, we recommend reading through Ascension Capital regulatory filings.
How is Ascension Capital forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Diversified Financials 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 Ascension Capital 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.
Discover growth companies
How has Ascension Capital performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ACE is currently unprofitable.
Growing Profit Margin: ACE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ACE is unprofitable, but has reduced losses over the past 5 years at a rate of 20.5% per year.
Accelerating Growth: Unable to compare ACE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ACE is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (29.3%).
Return on Equity
High ROE: ACE's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Discover strong past performing companies
How is Ascension Capital's financial position?
Financial Health Score0/6
Financial Health Score 0/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: ACE has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ACE has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: ACE has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ACE's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: ACE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ACE has less than a year of cash runway if free cash flow continues to grow at historical rates of 7% each year.
Discover healthy companies
What is Ascension Capital current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ACE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ACE'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 ACE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ACE'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 ACE has not reported any payouts.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Joe van Wijk
Mr. Joseph van Wijk, also known as Joe, BBus, M.B.A., C.A., serves as the Managing Director at Abel Tasman Corporation Limited and Tasman Capital Limited. Mr. van Wijk serves as Managing Director of Ascens...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Joe's total compensation is reasonable compared to companies of similar size in the NZ market.
Compensation vs Earnings: Joe's compensation has increased whilst the company is unprofitable.
Experienced Board: ACE's board of directors are considered experienced (4.2 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.
Ascension Capital Limited's employee growth, exchange listings and data sources
- Name: Ascension Capital Limited
- Ticker: ACE
- Exchange: NZSE
- Founded: NaN
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Implied Market Cap: NZ$1.053m
- Shares outstanding: 19.15m
- Ascension Capital Limited
- Tower Building
- Level 2
- New Zealand
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/08 00:00|
|End of Day Share Price||2022/07/15 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.