Executive Summary
ASBISc Enterprises Plc, together with its subsidiaries, trades in and distributes computer hardware and software products.
Snowflake
Fundamentals
Undervalued average dividend payer.
Risks
- ASBISc Enterprises is covered by less than 3 analysts.
Similar Companies
Share Price & News
How has ASBISc Enterprises's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
4.9%
WSE:ASB
0.3%
PL Electronic
-2.6%
PL Market
1 Year Return
-22.6%
WSE:ASB
-10.8%
PL Electronic
-8.1%
PL Market
ASB underperformed the Electronic industry which returned -10.9% over the past year.
ASB underperformed the Market in Poland which returned -8.2% over the past year.
Share holder returns
| ASB | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.9% | 0.3% | -2.6% |
| 30 Day | -2.5% | -0.8% | -9.3% |
| 90 Day | -10.6% | -1.9% | -5.3% |
| 1 Year | -10.6%-22.6% | -7.9%-10.8% | -5.3%-8.1% |
| 3 Year | 26.7%-1.7% | -23.4%-30.9% | 7.8%-0.1% |
| 5 Year | 19.7%-7.1% | -34.4%-46.2% | -1.8%-14.4% |
Price Volatility Vs. Market
How volatile is ASBISc Enterprises's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall St
ASBISc Enterprises Plc (WSE:ASB): A Fundamentally Attractive Investment2 weeks ago | Simply Wall St
Do You Know What ASBISc Enterprises Plc's (WSE:ASB) P/E Ratio Means?1 month ago | Simply Wall St
ASBISc Enterprises (WSE:ASB) Shares Have Generated A Total Return Of -15% In The Last YearValuation
Is ASBISc Enterprises undervalued based on future cash flows and its price relative to the stock market?
>50%
Discount to future cash flow value
Intrinsic Value Based on Future Cash Flows
ASBISc Enterprises's share price is below the future cash flow value, and at a moderate discount (> 20%).
ASBISc Enterprises's share price is below the future cash flow value, and at a substantial discount (> 40%).
Price Based on Earnings
ASBISc Enterprises is good value based on earnings compared to the PL Electronic industry average.
ASBISc Enterprises is good value based on earnings compared to the Poland market.
Price Based on Expected Growth
Unable to calculate PEG ratio for ASBISc Enterprises, we can't assess if its growth is good value.
Price Based on Value of Assets
ASBISc Enterprises is good value based on assets compared to the PL Electronic industry average.
Next Steps
Future Growth
How is ASBISc Enterprises expected to perform in the next 1 to 3 years based on estimates from 2 analysts?
6.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
ASBISc Enterprises's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
ASBISc Enterprises's earnings are expected to grow by 6.3% yearly, however this is not considered high growth (20% yearly).
ASBISc Enterprises's revenues are expected to decrease over the next 1-3 years, this is below the Poland market average.
ASBISc Enterprises's earnings growth is positive but not above the Poland market average.
ASBISc Enterprises's earnings growth is expected to exceed the low risk savings rate of 2.9%.
Earnings per Share Growth Estimates
Future Return on Equity
Unable to establish if ASBISc Enterprises will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Next Steps
Past Performance
How has ASBISc Enterprises performed over the past 5 years?
53.9%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
ASBISc Enterprises has delivered over 20% year on year earnings growth in the past 5 years.
ASBISc Enterprises's 1-year earnings growth is less than its 5-year average (31.9% vs 53.9%)
ASBISc Enterprises's earnings growth has exceeded the PL Electronic industry average in the past year (31.9% vs 25.9%).
Return on Equity
ASBISc Enterprises has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
ASBISc Enterprises used its assets less efficiently than the PL Electronic industry average last year based on Return on Assets.
Return on Capital Employed
ASBISc Enterprises has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
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Financial Health
How is ASBISc Enterprises's financial position?
Financial Position Analysis
ASBISc Enterprises is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
ASBISc Enterprises's cash and other short term assets cover its long term commitments.
Debt to Equity History and Analysis
ASBISc Enterprises's level of debt (134.8%) compared to net worth is high (greater than 40%).
The level of debt compared to net worth has been reduced over the past 5 years (158.2% vs 134.8% today).
Debt is not well covered by operating cash flow (13.5%, less than 20% of total debt).
Interest payments on debt are not well covered by earnings (EBIT is 2.3x annual interest expense, ideally 3x coverage).
Balance Sheet
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 3.1x debt.
Next Steps
Dividend
What is ASBISc Enterprises's current dividend yield, its reliability and sustainability?
8.85%
Expected Dividend Yield
Dividend Yield and Payments Analysis
ASBISc Enterprises's pays a higher dividend yield than the bottom 25% of dividend payers in Poland (2.91%).
ASBISc Enterprises's dividend is above the markets top 25% of dividend payers in Poland (7.33%).
ASBISc Enterprises has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
Dividend payments have increased, but ASBISc Enterprises only paid a dividend in the past 7 years.
Current Payout to Shareholders
Dividends paid are well covered by earnings (4.2x coverage).
Future Payout to Shareholders
Dividends after 3 years are expected to be well covered by earnings (2.3x coverage).
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Management
What is the CEO of ASBISc Enterprises's salary, the management and board of directors tenure and is there insider trading?
4.0yrs
Average board tenure
CEO
Siarhei Kostevitch (55yo)
US$434,000
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
Siarhei's remuneration is higher than average for companies of similar size in Poland.
Siarhei's compensation has been consistent with company performance over the past year, both up more than 20%.
Board Age and Tenure
4.0yrs
Average Tenure
51yo
Average Age
The tenure for the ASBISc Enterprises board of directors is about average.
Insider Trading
No 3 month open market individual insider trading information.
Ownership Breakdown
Management Team
Siarhei Kostevitch (55yo)
Chairman of the Board
- Compensation: $434.00k
Marios Christou (51yo)
CFO & Executive Director
- Compensation: $97.00k
Constantinos Tziamalis (44yo)
Director of Risk & Investor Relations and Executive Director
- Tenure: 12.3yrs
- Compensation: $97.00k
Yuri Ulasovich (57yo)
COO & Executive Director
- Tenure: 4.0yrs
- Compensation: $138.00k
Loizos Papavassiliou
Financial Controller
Board Members
Siarhei Kostevitch (55yo)
Chairman of the Board
- Compensation: $434.00k
Marios Christou (51yo)
CFO & Executive Director
- Tenure: 17.7yrs
- Compensation: $97.00k
Constantinos Tziamalis (44yo)
Director of Risk & Investor Relations and Executive Director
- Tenure: 12.3yrs
- Compensation: $97.00k
Yuri Ulasovich (57yo)
COO & Executive Director
- Tenure: 3.9yrs
- Compensation: $138.00k
Demos Demou (50yo)
Non-Executive Director
- Tenure: 4.0yrs
- Compensation: $1.00k
Tasos Panteli
Non Executive Director
- Tenure: 0.3yrs
Company Information
ASBISc Enterprises Plc's company bio, 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: zł130.941m
- Shares outstanding: 55.48m
- Website: Click here
Number of Employees
Location
- ASBISc Enterprises Plc
- Diamond Court
- 43, Kolonakiou Street
- Limassol
- 4103
- Cyprus
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ASB | WSE (Warsaw Stock Exchange) | Yes | Ordinary Shares | PL | PLN | Oct 2006 |
Biography
ASBISc Enterprises Plc, together with its subsidiaries, trades in and distributes computer hardware and software products. The company engages in the distribution of information technology (IT) components, ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/08/17 21:04 |
| End of Day Share Price | 2019/08/16 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.