NZSE:AUG

Stock Analysis Report

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Executive Summary

Augusta Capital Limited engages in the investment of commercial and industrial properties in New Zealand. More Details


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Share Price & News

How has Augusta Capital's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: AUG's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-0.5%

AUG

-1.7%

NZ REITs

-1.5%

NZ Market


1 Year Return

-34.7%

AUG

-7.2%

NZ REITs

1.1%

NZ Market

Return vs Industry: AUG underperformed the NZ REITs industry which returned -8.4% over the past year.

Return vs Market: AUG underperformed the NZ Market which returned 4% over the past year.


Shareholder returns

AUGIndustryMarket
7 Day-0.5%-1.7%-1.5%
30 Day8.3%1.0%-1.5%
90 Day42.0%7.3%3.1%
1 Year-23.2%-34.7%-3.5%-7.2%5.5%1.1%
3 Year21.6%-7.5%50.3%30.9%40.9%21.5%
5 Year49.0%1.0%79.5%40.9%97.3%48.3%

Price Volatility Vs. Market

How volatile is Augusta Capital's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Augusta Capital undervalued compared to its fair value and its price relative to the market?

1.59x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate AUG's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate AUG's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: AUG is unprofitable, so we can't compare its PE Ratio to the NZ REITs industry average.

PE vs Market: AUG is unprofitable, so we can't compare its PE Ratio to the NZ market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate AUG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: AUG is overvalued based on its PB Ratio (1.6x) compared to the NZ REITs industry average (1.2x).


Next Steps

Future Growth

How is Augusta Capital forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.6%

Forecasted Real Estate 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 Augusta 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.


Next Steps

Past Performance

How has Augusta Capital performed over the past 5 years?

-45.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AUG is currently unprofitable.

Growing Profit Margin: AUG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AUG is unprofitable, and losses have increased over the past 5 years at a rate of 45.8% per year.

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

Earnings vs Industry: AUG is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (-25.8%).


Return on Equity

High ROE: AUG has a negative Return on Equity (-48.83%), as it is currently unprofitable.


Next Steps

Financial Health

How is Augusta Capital's financial position?


Financial Position Analysis

Short Term Liabilities: AUG's short term assets (NZ$7.6M) do not cover its short term liabilities (NZ$36.8M).

Long Term Liabilities: AUG's short term assets (NZ$7.6M) exceed its long term liabilities (NZ$3.0M).


Debt to Equity History and Analysis

Debt Level: AUG's debt to equity ratio (57.8%) is considered high.

Reducing Debt: AUG's debt to equity ratio has reduced from 68.4% to 57.8% over the past 5 years.

Debt Coverage: AUG's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if AUG's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Augusta Capital current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if AUG's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: AUG is not paying a notable dividend for the NZ market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of AUG's dividend in 3 years as they are not forecast to pay a notable one for the NZ market.


Next Steps

Management

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

1.6yrs

Average management tenure


CEO

Mark Francis

no data

Tenure

NZ$475,000

Compensation

Mr. Mark Edward Francis, B.Com (Fin) serves as Managing Director and Non-Independent Executive Director of Augusta Capital Limited. Mr. Francis founded the firm in 2001 and established Augusta Capital Mana ...


Leadership Team

NamePositionTenureCompensationOwnership
Mark Francis
MD & Non-Independent Executive Directorno dataNZ$475.00kno data
Simon W. Woollams
Chief Financial Officerno datano data0%
NZ$ 0
Joel Lindsey
Chief Operations Officer2yrsno data0%
NZ$ 0
Samantha Reddy
Group Accountant0.33yrno datano data
Luke Fitzgibbon
General Counsel & Company Secretary4.42yrsno datano data
Jessie Davidson
Marketing & Communications Managerno datano datano data
Adelle McBeth
Head of Operations1.25yrsno datano data
Ben Harding
Head of Asset Management & AIF Manager1.25yrsno datano data
Paul Matheson
Corporate Financial Controller3.42yrsno datano data
Lohsing Cheng
Senior Asset Managerno datano datano data
Adrian Leach
Financial Controller of Value Add Fundno datano datano data

1.6yrs

Average Tenure

Experienced Management: AUG's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Mark Francis
MD & Non-Independent Executive Directorno dataNZ$475.00kno data
John McBain
Non-Independent Directorno datano datano data
Paul Duffy
Independent Chairman4.67yrsNZ$36.04k0%
NZ$ 0
R. Petersen
Independent Director5.5yrsNZ$67.50kno data
Kevin Murphy
Independent Director2.42yrsno datano data

4.7yrs

Average Tenure

Experienced Board: AUG's board of directors are considered experienced (4.7 years average tenure).


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 been substantially diluted in the past year, with total shares outstanding growing by 96.2%.


Top Shareholders

Company Information

Augusta Capital Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Augusta Capital Limited
  • Ticker: AUG
  • Exchange: NZSE
  • Founded: 2006
  • Industry: Office REITs
  • Sector: Real Estate
  • Market Cap: NZ$168.291m
  • Shares outstanding: 171.73m
  • Website: https://www.augusta.co.nz

Number of Employees


Location

  • Augusta Capital Limited
  • Level 2, Bayleys House
  • 30 Gaunt Street
  • Auckland
  • 1010
  • New Zealand

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AUGNZSE (New Zealand Stock Exchange)YesOrdinary SharesNZNZDDec 2006

Biography

Augusta Capital Limited engages in the investment of commercial and industrial properties in New Zealand. The company owns five commercial properties comprising commercial office towers, office buildings, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/24 19:01
End of Day Share Price2020/08/19 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.