Gentrack Group
Market Cap
NZ$155.9m
Last Updated
2021/03/01 06:01 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. More Details
Rewards
Risk Analysis
No risks detected for GTK from our risk checks.
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 is not significantly more volatile than the rest of NZ stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: GTK's weekly volatility has decreased from 10% to 5% over the past year.
Market Performance
7 Day Return
5.3%
GTK
2.9%
NZ Software
-2.1%
NZ Market
1 Year Return
-20.0%
GTK
-14.2%
NZ Software
8.8%
NZ Market
Return vs Industry: GTK underperformed the NZ Software industry which returned -14.2% over the past year.
Return vs Market: GTK underperformed the NZ Market which returned 8.8% over the past year.
Shareholder returns
| GTK | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.3% | 2.9% | -2.1% |
| 30 Day | 19.4% | 1.5% | -6.5% |
| 90 Day | 6.0% | -3.6% | -2.5% |
| 1 Year | -20.0%-20.0% | -11.6%-14.2% | 12.7%8.8% |
| 3 Year | -72.9%-74.7% | -7.8%-13.3% | 46.4%27.9% |
| 5 Year | -20.4%-30.4% | 42.4%30.6% | 88.5%43.5% |
Long-Term 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
7 hours ago | Simply Wall St
Do Institutions Own Gentrack Group Limited (NZSE:GTK) Shares?3 weeks ago | Simply Wall St
Read This Before Buying Gentrack Group Limited (NZSE:GTK) Shares1 month ago | Simply Wall St
Is Gentrack Group (NZSE:GTK) Using Debt In A Risky Way?Valuation
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$1.6) is trading below our estimate of fair value (NZ$3.32)
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 XO 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 (1x) compared to the NZ Software industry average (9.5x).
Next Steps
Future Growth
How is Gentrack Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
113.0%
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 (2.3%).
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 (1.7% per year) is forecast to grow slower than the NZ market (7.1% per year).
High Growth Revenue: GTK's revenue (1.7% 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 (1.9%).
Next Steps
Past Performance
How has Gentrack Group performed over the past 5 years?
-54.2%
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 54.2% 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 (32.4%).
Return on Equity
High ROE: GTK has a negative Return on Equity (-19.76%), 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$38.7M) exceed its short term liabilities (NZ$30.2M).
Long Term Liabilities: GTK's short term assets (NZ$38.7M) exceed its long term liabilities (NZ$17.9M).
Debt to Equity History and Analysis
Debt Level: GTK's debt to equity ratio (1.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if GTK's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: GTK's debt is well covered by operating cash flow (866.2%).
Interest Coverage: Insufficient data to determine if GTK's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is Gentrack Group current dividend yield, its reliability and sustainability?
0.81%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GTK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GTK'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 GTK's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GTK's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: GTK is not paying a notable dividend for the NZ market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GTK'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?
0.3yrs
Average management tenure
CEO
Gary Miles
0.33
Tenure
Mr. Gary Miles serves as Chief Executive Officer at Gentrack Limited since 2020 and serves as its Director. He Joined Gentrack in October 2020. He serves as Managing Director and Chief Executive Officer at...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 0.33yr | no data | no data | |
| Chief Financial Officer | 1.08yrs | no data | no data | |
| Chief Operations Officer | 0.25yr | no data | no data | |
| Chief Technology Officer | 0.083yr | no data | no data | |
| GM of Commercial & Legal and Company Secretary | no data | no data | no data | |
| Marketing & Communications Director | no data | no data | no data | |
| Head of PX | no data | no data | no data | |
| Chief Information Security Officer of European Utilities | 0.17yr | no data | no data | |
| Chief Executive Officer of Veovo | 1.17yrs | no data | no data | |
| Vice President of Asia | no data | no data | no data |
0.3yrs
Average Tenure
Experienced Management: GTK's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 0.33yr | no data | no data | |
| Non-Executive Director | 3yrs | NZ$20.70k | no data | |
| Independent Chairman of Board | 0.25yr | no data | no data | |
| Independent Non-Executive Director | 0.33yr | no data | no data | |
| Independent Non-Executive Director | 2yrs | NZ$88.30k | no data | |
| Independent Non Executive Director | 1.17yrs | NZ$49.80k | no data |
1.2yrs
Average Tenure
Experienced Board: GTK's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.
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 not been meaningfully diluted in the past year.
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$155.859m
- 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 |
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 Aust...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/01 06:01 |
| End of Day Share Price | 2021/03/01 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/09/30 |
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.