| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 3/6 |
| Dividends | 5/6 |
ASB Stock Overview
ASBISc Enterprises Plc, together with its subsidiaries, engages in the distribution and trading of computer hardware and software products.
ASBISc Enterprises Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | zł22.00 |
| 52 Week High | zł28.10 |
| 52 Week Low | zł6.20 |
| Beta | 0.55 |
| 1 Month Change | -8.71% |
| 3 Month Change | -12.70% |
| 1 Year Change | 207.69% |
| 3 Year Change | 682.92% |
| 5 Year Change | 648.30% |
| Change since IPO | 219.30% |
Recent News & Updates
We Think ASBISc Enterprises (WSE:ASB) Can Stay On Top Of Its Debt
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Shareholder Returns
| ASB | PL Electronic | PL Market | |
|---|---|---|---|
| 7D | -8.1% | -7.4% | -4.1% |
| 1Y | 207.7% | 41.0% | 18.6% |
Return vs Industry: ASB exceeded the Polish Electronic industry which returned 41% over the past year.
Return vs Market: ASB exceeded the Polish Market which returned 18.6% over the past year.
Price Volatility
| ASB volatility | |
|---|---|
| ASB Average Weekly Movement | 6.3% |
| Electronic Industry Average Movement | 4.9% |
| Market Average Movement | 5.4% |
| 10% most volatile stocks in PL Market | 10.5% |
| 10% least volatile stocks in PL Market | 3.2% |
Stable Share Price: ASB is not significantly more volatile than the rest of Polish stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: ASB's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1990 | 1,837 | Siarhei Kostevitch | https://www.asbis.com |
ASBISc Enterprises Plc, together with its subsidiaries, engages in the distribution and trading of computer hardware and software products. The company engages in the distribution of information technology (IT) components, mobile building blocks and peripherals, and mobile IT systems to enterprises, assemblers, system integrators, local brands, and retailers; and branded finished products, including desktop PCs, laptops, servers, and networking equipment, as well as smartphones, tablet PCs, multi-boards, data storage devices, GPS devices, peripherals, accessories, and security products to SMB and retailers. It also sells accessories and gaming products.
ASBISc Enterprises Fundamentals Summary
| ASB fundamental statistics | |
|---|---|
| Market Cap | US$293.33m |
| Earnings (TTM) | US$69.78m |
| Revenue (TTM) | US$3.00b |
4.2x
P/E Ratio0.1x
P/S RatioIs ASB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ASB income statement (TTM) | |
|---|---|
| Revenue | US$3.00b |
| Cost of Revenue | US$2.79b |
| Gross Profit | US$201.97m |
| Expenses | US$132.19m |
| Earnings | US$69.78m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.26 |
| Gross Margin | 6.74% |
| Net Profit Margin | 2.33% |
| Debt/Equity Ratio | 141.4% |
How did ASB perform over the long term?
See historical performance and comparisonDividends
7.6%
Current Dividend Yield32%
Payout RatioValuation
Is ASBISc Enterprises undervalued compared to its fair value and its price relative to the market?
46.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ASB (PLN22) is trading below our estimate of fair value (PLN40.72)
Significantly Below Fair Value: ASB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ASB is good value based on its PE Ratio (4.2x) compared to the Polish Electronic industry average (7.3x).
PE vs Market: ASB is good value based on its PE Ratio (4.2x) compared to the Polish market (11.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ASB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ASB's PB Ratio (1.7x) is in line with the PL Electronic industry average.
Future Growth
How is ASBISc Enterprises forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
8.0%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if ASB's forecast earnings growth is above the savings rate (2.5%).
Earnings vs Market: Insufficient data to determine if ASB's earnings are forecast to grow faster than the Polish market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ASB's revenue (8% per year) is forecast to grow slower than the Polish market (8.6% per year).
High Growth Revenue: ASB's revenue (8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ASB's Return on Equity is forecast to be high in 3 years time
Past Performance
How has ASBISc Enterprises performed over the past 5 years?
54.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ASB has a high level of non-cash earnings.
Growing Profit Margin: ASB's current net profit margins (2.3%) are higher than last year (1.1%).
Past Earnings Growth Analysis
Earnings Trend: ASB's earnings have grown significantly by 54% per year over the past 5 years.
Accelerating Growth: ASB's earnings growth over the past year (201.2%) exceeds its 5-year average (54% per year).
Earnings vs Industry: ASB earnings growth over the past year (201.2%) exceeded the Electronic industry 157.7%.
Return on Equity
High ROE: Whilst ASB's Return on Equity (40.43%) is outstanding, this metric is skewed due to their high level of debt.
Financial Health
How is ASBISc Enterprises's financial position?
Financial Position Analysis
Short Term Liabilities: ASB's short term assets ($734.7M) exceed its short term liabilities ($600.5M).
Long Term Liabilities: ASB's short term assets ($734.7M) exceed its long term liabilities ($6.2M).
Debt to Equity History and Analysis
Debt Level: ASB's net debt to equity ratio (45.6%) is considered high.
Reducing Debt: ASB's debt to equity ratio has increased from 137.2% to 141.4% over the past 5 years.
Debt Coverage: ASB's debt is not well covered by operating cash flow (15.3%).
Interest Coverage: ASB's interest payments on its debt are well covered by EBIT (6.6x coverage).
Balance Sheet
Dividend
What is ASBISc Enterprises's current dividend yield, its reliability and sustainability?
7.57%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ASB's dividend (7.57%) is higher than the bottom 25% of dividend payers in the Polish market (2.39%).
High Dividend: ASB's dividend (7.57%) is in the top 25% of dividend payers in the Polish market (6.82%)
Stability and Growth of Payments
Stable Dividend: ASB's dividend payments have been volatile in the past 10 years.
Growing Dividend: ASB's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (31.6%), ASB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ASB's dividends in 3 years are forecast to be well covered by earnings (38.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.6yrs
Average board tenure
CEO
Siarhei Kostevitch (57 yo)
no data
Tenure
US$524,000
Compensation
Mr. Sergei Kostevitch serves as the Chairman, Chief Executive Officer and President of ASBISC Enterprises Plc. Mr. Kostevitch established ASBISc Enterprises Plc in 1990 in Minsk, Belarus and within 12 year...
CEO Compensation Analysis
Compensation vs Market: Siarhei's total compensation ($USD524.00K) is above average for companies of similar size in the Polish market ($USD176.20K).
Compensation vs Earnings: Siarhei's compensation has increased by more than 20% in the past year.
Board Members
Experienced Board: ASB's board of directors are not considered experienced ( 2.6 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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
ASBISc Enterprises Plc's employee growth, exchange listings and data sources
Key Information
- Name: ASBISc Enterprises Plc
- Ticker: ASB
- Exchange: WSE
- Founded: 1990
- Industry: Technology Distributors
- Sector: Tech
- Market Cap: zł1.221b
- Shares outstanding: 55.50m
- Website: https://www.asbis.com
Number of Employees
Location
- ASBISc Enterprises Plc
- Diamond Court
- 43, Kolonakiou Street
- Limassol
- 4103
- Cyprus
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/11/27 18:01 |
| End of Day Share Price | 2021/11/26 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
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.