A-Sonic Aerospace
Market Cap
S$19.9m
Last Updated
2021/01/20 11:11 UTC
Data Sources
Company Financials
Executive Summary
A-Sonic Aerospace Limited, an investment holding company, operates in the aviation and logistics businesses in Asia, North America, Sub-Continent India, and Europe. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and undervalued.
Share Price & News
How has A-Sonic Aerospace's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BTJ is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: BTJ's weekly volatility has decreased from 14% to 5% over the past year.
Market Performance
7 Day Return
-1.5%
BTJ
-0.5%
SG Logistics
1.2%
SG Market
1 Year Return
-19.5%
BTJ
-14.6%
SG Logistics
-10.1%
SG Market
Return vs Industry: BTJ underperformed the SG Logistics industry which returned -14.6% over the past year.
Return vs Market: BTJ underperformed the SG Market which returned -10.1% over the past year.
Shareholder returns
| BTJ | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.5% | -0.5% | 1.2% |
| 30 Day | 6.5% | 6.7% | 5.5% |
| 90 Day | -2.9% | 18.7% | 17.7% |
| 1 Year | -17.1%-19.5% | -12.8%-14.6% | -5.3%-10.1% |
| 3 Year | 62.8%53.5% | -40.2%-43.8% | -10.8%-21.7% |
| 5 Year | -47.0%-50.0% | -34.6%-42.1% | 28.4%4.8% |
Long-Term Price Volatility Vs. Market
How volatile is A-Sonic Aerospace's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Is There More Growth In Store For A-Sonic Aerospace's (SGX:BTJ) Returns On Capital?1 month ago | Simply Wall St
We're Not So Sure You Should Rely on A-Sonic Aerospace's (SGX:BTJ) Statutory Earnings2 months ago | Simply Wall St
Is A-Sonic Aerospace (SGX:BTJ) Using Too Much Debt?Valuation
Is A-Sonic Aerospace 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: BTJ (SGD0.33) is trading below our estimate of fair value (SGD5.49)
Significantly Below Fair Value: BTJ is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BTJ is good value based on its PE Ratio (2.2x) compared to the XA Logistics industry average (24.1x).
PE vs Market: BTJ is good value based on its PE Ratio (2.2x) compared to the SG market (15x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BTJ's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BTJ is good value based on its PB Ratio (0.4x) compared to the SG Logistics industry average (1x).
Next Steps
Future Growth
How is A-Sonic Aerospace forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
18.2%
Forecasted Transportation industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as A-Sonic Aerospace has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine whether A-Sonic Aerospace is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- A-Sonic Aerospace competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Transportation industry.
Past Performance
How has A-Sonic Aerospace performed over the past 5 years?
69.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BTJ has a large one-off gain of $2.8M impacting its June 30 2020 financial results.
Growing Profit Margin: BTJ's current net profit margins (2.9%) are higher than last year (0.7%).
Past Earnings Growth Analysis
Earnings Trend: BTJ has become profitable over the past 5 years, growing earnings by 69.4% per year.
Accelerating Growth: BTJ's earnings growth over the past year (309.1%) exceeds its 5-year average (69.4% per year).
Earnings vs Industry: BTJ earnings growth over the past year (309.1%) exceeded the Logistics industry 5.7%.
Return on Equity
High ROE: BTJ's Return on Equity (24.4%) is considered high.
Next Steps
Financial Health
How is A-Sonic Aerospace's financial position?
Financial Position Analysis
Short Term Liabilities: BTJ's short term assets ($59.8M) exceed its short term liabilities ($34.7M).
Long Term Liabilities: BTJ's short term assets ($59.8M) exceed its long term liabilities ($511.0K).
Debt to Equity History and Analysis
Debt Level: BTJ's debt to equity ratio (5.3%) is considered satisfactory.
Reducing Debt: BTJ's debt to equity ratio has reduced from 22% to 5.3% over the past 5 years.
Debt Coverage: BTJ's debt is well covered by operating cash flow (443.6%).
Interest Coverage: BTJ earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is A-Sonic Aerospace current dividend yield, its reliability and sustainability?
2.92%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BTJ's dividend (2.92%) is higher than the bottom 25% of dividend payers in the SG market (2.17%).
High Dividend: BTJ's dividend (2.92%) is low compared to the top 25% of dividend payers in the SG market (5%).
Stability and Growth of Payments
Stable Dividend: BTJ's dividend payments have been volatile in the past 10 years.
Growing Dividend: BTJ's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (6.6%), BTJ's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
17.1yrs
Average board tenure
CEO
Janet Tan (59 yo)
no data
Tenure
Ms. L. C. Tan, also known as Janet, founded A-Sonic Aerospace Limited in February 1996 and serves as its Chairman and Chief Executive Officer and has been its Director since March 3, 2003. Ms. Tan is also ...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | no data | no data | 54.28% $ 10.8m | |
| Co-Founder | 17.83yrs | no data | 0.62% $ 122.4k | |
| Executive Director | 16.67yrs | no data | 0.83% $ 164.2k | |
| Independent Non-Executive Director | 4.75yrs | no data | no data | |
| Lead Independent Non-Executive Director | no data | no data | 0.013% $ 2.6k | |
| Independent Non-Executive Director | 17.5yrs | no data | 0.041% $ 8.1k |
17.1yrs
Average Tenure
59yo
Average Age
Experienced Board: BTJ's board of directors are seasoned and experienced ( 17.1 years average tenure).
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
A-Sonic Aerospace Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: A-Sonic Aerospace Limited
- Ticker: BTJ
- Exchange: SGX
- Founded: 2003
- Industry: Air Freight and Logistics
- Sector: Transportation
- Market Cap: S$19.883m
- Shares outstanding: 58.48m
- Website: https://www.asonic-aerospace.com
Number of Employees
Location
- A-Sonic Aerospace Limited
- No. 24-07 International Plaza
- 10 Anson Road
- Singapore
- 79903
- Singapore
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BTJ | SGX (Singapore Exchange) | Yes | Ordinary Shares | SG | SGD | Sep 2003 |
| ASNC.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Sep 2003 |
Biography
A-Sonic Aerospace Limited, an investment holding company, operates in the aviation and logistics businesses in Asia, North America, Sub-Continent India, and Europe. It operates in two segments, Aviation an...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/20 11:11 |
| End of Day Share Price | 2021/01/20 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.