AVJennings Limited engages in the development of residential properties in Australia.
Good value with proven track record and pays a dividend.
Share Price & News
How has AVJennings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: A05 has not had significant price volatility in the past 3 months.
7 Day Return
SG Real Estate
1 Year Return
SG Real Estate
Return vs Industry: A05 exceeded the SG Real Estate industry which returned -29.9% over the past year.
Return vs Market: A05 exceeded the SG Market which returned -23.8% over the past year.
Price Volatility Vs. Market
How volatile is AVJennings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is AVJennings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: A05 (A$0.57) is trading below our estimate of fair value (A$3.14)
Significantly Below Fair Value: A05 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: A05 is good value based on its PE Ratio (7.6x) compared to the Real Estate industry average (10.1x).
PE vs Market: A05 is good value based on its PE Ratio (7.6x) compared to the SG market (10.2x).
Price to Earnings Growth Ratio
PEG Ratio: A05 is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: A05 is overvalued based on its PB Ratio (0.5x) compared to the SG Real Estate industry average (0.4x).
How is AVJennings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: A05's forecast earnings growth (4.5% per year) is above the savings rate (1.8%).
Earnings vs Market: A05's earnings (4.5% per year) are forecast to grow slower than the SG market (5% per year).
High Growth Earnings: A05's earnings are forecast to grow, but not significantly.
Revenue vs Market: A05's revenue (5.3% per year) is forecast to grow faster than the SG market (4.1% per year).
High Growth Revenue: A05's revenue (5.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: A05's Return on Equity is forecast to be low in 3 years time (5.9%).
How has AVJennings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: A05 has high quality earnings.
Growing Profit Margin: A05's current net profit margins (6.7%) are higher than last year (5.7%).
Past Earnings Growth Analysis
Earnings Trend: A05's earnings have declined by -10.2% per year over the past 5 years.
Accelerating Growth: A05's earnings growth over the past year (38.3%) exceeds its 5-year average (-10.2% per year).
Earnings vs Industry: A05 earnings growth over the past year (38.3%) exceeded the Real Estate industry -30.5%.
Return on Equity
High ROE: A05's Return on Equity (6%) is considered low.
How is AVJennings's financial position?
Financial Position Analysis
Short Term Liabilities: A05's short term assets (A$223.9M) exceed its short term liabilities (A$24.6M).
Long Term Liabilities: A05's short term assets (A$223.9M) do not cover its long term liabilities (A$227.2M).
Debt to Equity History and Analysis
Debt Level: A05's debt to equity ratio (45.1%) is considered high.
Reducing Debt: A05's debt to equity ratio has increased from 35.2% to 45.1% over the past 5 years.
Debt Coverage: A05's debt is well covered by operating cash flow (22.4%).
Interest Coverage: A05 earns more interest than it pays, so coverage of interest payments is not a concern.
Inventory Level: A05 has a high level of physical assets or inventory.
Debt Coverage by Assets: A05's debt is covered by short term assets (assets are 1.2x debt).
What is AVJennings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: A05's dividend (6.07%) is higher than the bottom 25% of dividend payers in the SG market (3.23%).
High Dividend: A05's dividend (6.07%) is low compared to the top 25% of dividend payers in the SG market (7.09%).
Stability and Growth of Payments
Stable Dividend: A05's dividend payments have been volatile in the past 10 years.
Growing Dividend: A05's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (46.1%), A05's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: A05's dividends in 3 years are forecast to be covered by earnings (68% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Peter K. Summers, BEc., CA has been the Chief Executive Officer and Managing Director of AVJennings Limited, a subsidiary of SC Global Developments Ltd. (formerly AVJennings Homes Ltd.) since February ...
CEO Compensation Analysis
Compensation vs Market: Peter's total compensation ($USD636.06K) is above average for companies of similar size in the SG market ($USD330.28K).
Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.
|MD, CEO & Director||11yrs||AU$1.04m||1.25% A$2.2m|
|Chief Financial Officer||7.33yrs||AU$479.15k||0.052% A$89.7k|
|Chief Operating Officer||1.58yrs||AU$485.40k||0.12% A$209.2k|
|General Counsel & Company Secretary||11.17yrs||AU$545.87k||0.38% A$658.9k|
|General Manager of Human Resources||10.75yrs||AU$345.72k||0.081% A$140.2k|
|Head of Corporate Communications||no data||no data||no data|
|Assistant Company Secretary||no data||no data||no data|
Experienced Management: A05's management team is seasoned and experienced (10.8 years average tenure).
|MD, CEO & Director||11yrs||AU$1.04m||1.25% A$2.2m|
|Non-Executive Director||18.5yrs||no data||0.055% A$95.5k|
|Non-Executive Director||8.33yrs||AU$64.50k||no data|
|Non-Executive Chairman||14.42yrs||no data||no data|
|Non-Executive Director||2.75yrs||no data||no data|
|Non-Executive Director||14.42yrs||AU$72.00k||no data|
|Non-Executive Director||14.42yrs||AU$92.00k||0.021% A$36.1k|
|Non-Executive Deputy Chairman||no data||AU$126.00k||0.067% A$114.8k|
|Independent Non-Executive Director||1yr||AU$22.22k||no data|
Experienced Board: A05's board of directors are seasoned and experienced ( 14.4 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.3%.
AVJennings Limited's company bio, employee growth, exchange listings and data sources
- Name: AVJennings Limited
- Ticker: A05
- Exchange: SGX
- Founded: 1932
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: AU$172.648m
- Shares outstanding: 406.23m
- Website: https://www.avjennings.com.au
- AVJennings Limited
- 108 Power Street
- Level 4
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|A05||SGX (Singapore Exchange)||Yes||Ordinary Shares||SG||AUD||Feb 1994|
|AVJ||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Feb 1994|
|AVJ||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Feb 1994|
AVJennings Limited engages in the development of residential properties in Australia. It is involved in land and apartment development, and integrated housing activities. The company was founded in 1932 and is based in Hawthorn, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/30 12:58|
|End of Day Share Price||2020/03/05 00:00|
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.