Gentrack Group
Market Cap
NZ$98.6m
Last Updated
2020/03/31 11:07 UTC
Data Sources
Company Financials +
Executive Summary
Gentrack Group Limited engages in the development, integration, and support of enterprise billing and customer management software solutions for the energy and water utility, and airport industries in Australia, New Zealand, the United Kingdom, and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet and fair value.
Share Price & News
How has Gentrack Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GTK's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
84.2%
GTK
36.8%
NZ Software
12.8%
NZ Market
1 Year Return
-73.1%
GTK
-67.5%
NZ Software
-7.7%
NZ Market
Return vs Industry: GTK underperformed the NZ Software industry which returned -67.5% over the past year.
Return vs Market: GTK underperformed the NZ Market which returned -7.7% over the past year.
Shareholder returns
| GTK | Industry | Market | |
|---|---|---|---|
| 7 Day | 84.2% | 36.8% | 12.8% |
| 30 Day | -33.3% | -55.2% | -15.2% |
| 90 Day | -62.7% | -64.6% | -18.9% |
| 1 Year | -72.5%-73.1% | -67.2%-67.5% | -4.5%-7.7% |
| 3 Year | -61.6%-65.0% | -43.1%-45.8% | 26.5%10.8% |
| 5 Year | -26.8%-39.7% | -32.3%-36.6% | 59.2%24.3% |
Price Volatility Vs. Market
How volatile is Gentrack Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Those Who Purchased Gentrack Group (NZSE:GTK) Shares A Year Ago Have A 80% Loss To Show For It1 month ago | Simply Wall St
Is There Now An Opportunity In Gentrack Group Limited (NZSE:GTK)?1 month ago | Simply Wall St
Gentrack Group (NZSE:GTK) Has A Pretty Healthy Balance SheetValuation
Is Gentrack Group undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GTK (NZ$1.4) is trading below our estimate of fair value (NZ$3.15)
Significantly Below Fair Value: GTK is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GTK is unprofitable, so we can't compare its PE Ratio to the Software industry average.
PE vs Market: GTK 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 GTK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GTK is good value based on its PB Ratio (0.7x) compared to the NZ Software industry average (2.4x).
Next Steps
Future Growth
How is Gentrack Group forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
63.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GTK is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.3%).
Earnings vs Market: GTK is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: GTK's is expected to become profitable in the next 3 years.
Revenue vs Market: GTK's revenue (3.6% per year) is forecast to grow slower than the NZ market (6.5% per year).
High Growth Revenue: GTK's revenue (3.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GTK's Return on Equity is forecast to be low in 3 years time (4.8%).
Next Steps
Past Performance
How has Gentrack Group performed over the past 5 years?
-6.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GTK is currently unprofitable.
Growing Profit Margin: GTK is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GTK is unprofitable, and losses have increased over the past 5 years at a rate of -6.9% per year.
Accelerating Growth: Unable to compare GTK's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GTK is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (12.8%).
Return on Equity
High ROE: GTK has a negative Return on Equity (-1.68%), as it is currently unprofitable.
Next Steps
Financial Health
How is Gentrack Group's financial position?
Financial Position Analysis
Short Term Liabilities: GTK's short term assets (NZ$40.5M) exceed its short term liabilities (NZ$32.8M).
Long Term Liabilities: GTK's short term assets (NZ$40.5M) exceed its long term liabilities (NZ$11.3M).
Debt to Equity History and Analysis
Debt Level: GTK's debt to equity ratio (2.3%) is considered satisfactory.
Reducing Debt: GTK's debt to equity ratio has increased from 0% to 2.3% over the past 5 years.
Balance Sheet
Inventory Level: GTK has a low level of unsold assets or inventory.
Debt Coverage by Assets: GTK's debt is covered by short term assets (assets are 9.1x debt).
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: GTK has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: GTK has been profitable on average in the past, therefore cash runway is not a concern.
Next Steps
Dividend
What is Gentrack Group's current dividend yield, its reliability and sustainability?
5.71%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GTK's dividend (5.71%) is higher than the bottom 25% of dividend payers in the NZ market (3.61%).
High Dividend: GTK's dividend (5.71%) is low compared to the top 25% of dividend payers in the NZ market (8.01%).
Stability and Growth of Payments
Stable Dividend: GTK has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: GTK's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: GTK is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: GTK's dividends in 3 years are forecast to be covered by earnings (80.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.8yrs
Average management tenure
CEO
James Williamson
0.25
Tenure
Mr. James Williamson serves as Chief Executive Officer of Veovo at Gentrack Group Limited and Gentrack Ltd. since December 2019. At Leidos, he was Managing Director of the international aviation division, ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 12.83yrs | NZ$103.00k | 9.69% NZ$9.6m | |
| Interim Chief Financial Officer | no data | no data | no data | |
| Chief Technology Officer | 3.42yrs | no data | 0.00051% NZ$503.1 | |
| GM of Commercial & Legal and Company Secretary | no data | no data | 0.0025% NZ$2.4k | |
| General Manager of Smart World Solutions and Marketing Manager | 14.67yrs | no data | no data | |
| Human Resources Manager | 4.17yrs | no data | no data | |
| Managing Director of UK & Europe | no data | no data | no data | |
| Chief Executive Officer of Veovo | 0.25yr | no data | no data | |
| Vice President of Asia | no data | no data | no data |
3.8yrs
Average Tenure
Experienced Management: GTK's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 12.83yrs | NZ$103.00k | 9.69% NZ$9.6m | |
| Non-Executive Director | 2yrs | NZ$62.00k | no data | |
| Independent Non-Executive Director | 7.83yrs | NZ$62.00k | 0.30% NZ$298.9k | |
| Non-Executive Director | 1yr | NZ$41.00k | no data | |
| Independent Non-Executive Director | 5.83yrs | NZ$62.00k | 0.025% NZ$24.4k | |
| Non Executive Director | 0.25yr | no data | no data |
3.9yrs
Average Tenure
Experienced Board: GTK's board of directors are considered experienced (3.9 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 diluted in the past year, with total shares outstanding growing by 13.8%.
Top Shareholders
Company Information
Gentrack Group Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Gentrack Group Limited
- Ticker: GTK
- Exchange: NZSE
- Founded: 1989
- Industry: Application Software
- Sector: Software
- Market Cap: NZ$98.645m
- Shares outstanding: 98.64m
- Website: https://www.gentrack.com
Number of Employees
Location
- Gentrack Group Limited
- 17 Hargreaves Street
- St Marys Bay
- Auckland
- 1011
- New Zealand
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| GTK | NZSE (New Zealand Stock Exchange) | Yes | Ordinary Shares | NZ | NZD | Jun 2014 |
| GTK | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Jun 2014 |
| GTK | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Jun 2014 |
| GTK | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Jun 2014 |
Biography
Gentrack Group Limited engages in the development, integration, and support of enterprise billing and customer management software solutions for the energy and water utility, and airport industries in Australia, New Zealand, the United Kingdom, and internationally. It operates in two segments, Utility Billing Software and Airport Management Software. The company offers Velocity, which is a billing and customer management platform for energy utilities, distributors, and water companies; and Junifer that is a billing and customer information system for utility providers. It also provides Evolve Analytics for data accuracy and portfolio management. Its Airport 20/20, BlipTrack, and Concessionaire Analyzer+ offers operation solutions. The company was founded in 1989 and is headquartered in Auckland, New Zealand.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/31 11:07 |
| End of Day Share Price | 2020/03/31 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2019/09/30 |
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.