OM:ASPIRE

Stock Analysis Report

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Executive Summary

Aspire Global plc provides managed online gaming solutions to operators and white labels in Malta, the United Kingdom, Denmark, Sweden, Ireland, and Portugal. More Details


Snowflake Analysis

High growth potential and slightly overvalued.


Similar Companies

Share Price & News

How has Aspire Global's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ASPIRE is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: ASPIRE's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-1.9%

ASPIRE

4.1%

SE Hospitality

1.0%

SE Market


1 Year Return

66.1%

ASPIRE

74.3%

SE Hospitality

15.2%

SE Market

Return vs Industry: ASPIRE underperformed the Swedish Hospitality industry which returned 74.3% over the past year.

Return vs Market: ASPIRE exceeded the Swedish Market which returned 15.2% over the past year.


Shareholder returns

ASPIREIndustryMarket
7 Day-1.9%4.1%1.0%
30 Day18.0%14.2%7.2%
90 Day26.7%27.9%10.9%
1 Year66.1%66.1%81.5%74.3%18.3%15.2%
3 Year31.9%24.9%132.2%108.9%47.0%29.5%
5 Yearn/a217.2%178.2%86.7%46.8%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Aspire Global 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: ASPIRE (SEK44.85) is trading below our estimate of fair value (SEK189.7)

Significantly Below Fair Value: ASPIRE is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ASPIRE is unprofitable, so we can't compare its PE Ratio to the SE Hospitality industry average.

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ASPIRE is overvalued based on its PB Ratio (4.6x) compared to the SE Hospitality industry average (4x).


Next Steps

Future Growth

How is Aspire Global forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

54.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ASPIRE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.4%).

Earnings vs Market: ASPIRE is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ASPIRE's is expected to become profitable in the next 3 years.

Revenue vs Market: ASPIRE's revenue (15.1% per year) is forecast to grow faster than the Swedish market (3.4% per year).

High Growth Revenue: ASPIRE's revenue (15.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ASPIRE's Return on Equity is forecast to be high in 3 years time (32.5%)


Next Steps

Past Performance

How has Aspire Global performed over the past 5 years?

-27.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ASPIRE is currently unprofitable.

Growing Profit Margin: ASPIRE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ASPIRE is unprofitable, and losses have increased over the past 5 years at a rate of 27% per year.

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

Earnings vs Industry: ASPIRE is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (5.7%).


Return on Equity

High ROE: ASPIRE has a negative Return on Equity (-4.56%), as it is currently unprofitable.


Next Steps

Financial Health

How is Aspire Global's financial position?


Financial Position Analysis

Short Term Liabilities: ASPIRE's short term assets (€60.5M) do not cover its short term liabilities (€66.2M).

Long Term Liabilities: ASPIRE's short term assets (€60.5M) exceed its long term liabilities (€1.9M).


Debt to Equity History and Analysis

Debt Level: ASPIRE's debt to equity ratio (62.6%) is considered high.

Reducing Debt: ASPIRE's debt to equity ratio has increased from 4.1% to 62.6% over the past 5 years.

Debt Coverage: ASPIRE's debt is not well covered by operating cash flow (16.7%).

Interest Coverage: ASPIRE is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Aspire Global current dividend yield, its reliability and sustainability?

4.25%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: ASPIRE is not paying a notable dividend for the Swedish market.


Future Payout to Shareholders

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


Next Steps

Management

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

1.5yrs

Average management tenure


CEO

Isaac Maimon (42 yo)

8yrs

Tenure

Mr. Tsachi Maimon, also known as Isaac, has been the Chief Executive Officer at Aspire Global plc since 2013 and served as its Director since 2015 until 2020.


Leadership Team

NamePositionTenureCompensationOwnership
Tsachi Maimon
Chief Executive Officer8yrsno data1.72%
€ 36.4m
Motti Gil
CFO & Chief Officer of Responsible Gaming5yrsno data0.14%
€ 3.0m
Antoine Bonello
Chief Operating Officer0.17yrno datano data
Shlomit Kedem
Vice President of HR & Operations1yrno datano data
Joel Momigliano
VP of Karamba & Head of B2C2yrsno data0.075%
€ 1.6m
Paul Myatt
Chief Business Development Officer0.17yrno datano data

1.5yrs

Average Tenure

43yo

Average Age

Experienced Management: ASPIRE's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Karl Fredrik Burvall
Independent Director3.5yrsno data0.11%
€ 2.3m
Carl Klingberg
Independent Chairman of the Board3.58yrsno datano data
Barak Matalon
Director16yrsno data25.95%
€ 548.9m
Aharon Aran
Independent Director2.67yrsno data6.46%
€ 136.7m

3.5yrs

Average Tenure

54.5yo

Average Age

Experienced Board: ASPIRE's board of directors are considered experienced (3.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ASPIRE 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

Aspire Global plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Aspire Global plc
  • Ticker: ASPIRE
  • Exchange: OM
  • Founded: 2005
  • Industry: Casinos and Gaming
  • Sector: Consumer Services
  • Market Cap: kr2.115b
  • Shares outstanding: 46.44m
  • Website: https://www.aspireglobal.com

Number of Employees


Location

  • Aspire Global plc
  • 135 High Street
  • Sliema
  • SLM 1549
  • Malta

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ASPIREOM (OMX Nordic Exchange Stockholm)YesOrdinary SharesSESEKJul 2017
0EAZLSE (London Stock Exchange)YesOrdinary SharesGBSEKJul 2017
ASPG.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJul 2017

Biography

Aspire Global plc provides managed online gaming solutions to operators and white labels in Malta, the United Kingdom, Denmark, Sweden, Ireland, and Portugal. It operates through Business to Business and B...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/21 19:52
End of Day Share Price2021/01/21 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.