OTCPK:AISL.F

Stock Analysis Report

Asia Satellite Telecommunications Holdings

Executive Summary

Asia Satellite Telecommunications Holdings Limited, an investment holding company, provides satellite services to the broadcasting and telecommunications markets in the Asia Pacific and internationally.

Snowflake

Fundamentals

Undervalued with proven track record.

Risks

  • Asia Satellite Telecommunications Holdings is not covered by any analysts.

Similar Companies

Share Price & News

How has Asia Satellite Telecommunications Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

AISL.F

-0.0001%

US Telecom

-0.6%

US Market


1 Year Return

60.6%

AISL.F

8.1%

US Telecom

0.7%

US Market

AISL.F outperformed the Telecom industry which returned 6.9% over the past year.

AISL.F outperformed the Market in United States of America which returned -0% over the past year.


Share holder returns

AISL.FIndustryMarket
7 Day0%-0.0001%-0.6%
30 Day0%6.3%2.9%
90 Dayn/a10.0%1.3%
1 Year60.6%60.6%13.9%8.1%2.9%0.7%
3 Yearn/a15.7%-1.1%44.6%35.2%
5 Year-67.7%-67.7%36.3%5.1%61.9%44.2%

Price Volatility Vs. Market

How volatile is Asia Satellite Telecommunications Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Asia Satellite Telecommunications Holdings 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

Asia Satellite Telecommunications Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).

Asia Satellite Telecommunications Holdings's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Asia Satellite Telecommunications Holdings is good value based on earnings compared to the US Telecom industry average.

Asia Satellite Telecommunications Holdings is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Asia Satellite Telecommunications Holdings, we can't assess if its growth is good value.


Price Based on Value of Assets

Asia Satellite Telecommunications Holdings is good value based on assets compared to the US Telecom industry average.


Next Steps

Future Growth

How is Asia Satellite Telecommunications Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

5.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Asia Satellite Telecommunications Holdings is high growth as no revenue estimate data is available.

Asia Satellite Telecommunications Holdings's earnings are expected to grow by 5.2% yearly, however this is not considered high growth (20% yearly).

Unable to compare Asia Satellite Telecommunications Holdings's revenue growth to the United States of America market average as no estimate data is available.

Asia Satellite Telecommunications Holdings's earnings growth is positive but not above the United States of America market average.

Asia Satellite Telecommunications Holdings's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Asia Satellite Telecommunications Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Asia Satellite Telecommunications Holdings performed over the past 5 years?

-7.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Asia Satellite Telecommunications Holdings's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

Asia Satellite Telecommunications Holdings's 1-year earnings growth exceeds its 5-year average (1.4% vs -7.5%)

Asia Satellite Telecommunications Holdings's earnings growth has exceeded the US Telecom industry average in the past year (1.4% vs -18%).


Return on Equity

Asia Satellite Telecommunications Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Asia Satellite Telecommunications Holdings used its assets more efficiently than the US Telecom industry average last year based on Return on Assets.


Return on Capital Employed

Asia Satellite Telecommunications Holdings has improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Asia Satellite Telecommunications Holdings's financial position?


Financial Position Analysis

Asia Satellite Telecommunications Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Asia Satellite Telecommunications Holdings's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Asia Satellite Telecommunications Holdings's level of debt (65%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (25.9% vs 65% today).

Debt is well covered by operating cash flow (39.6%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 6.7x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.5x debt.


Next Steps

Dividend

What is Asia Satellite Telecommunications Holdings's current dividend yield, its reliability and sustainability?

3.68%

Current Dividend Yield


Dividend Yield and Payments Analysis

Asia Satellite Telecommunications Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.5%).

Asia Satellite Telecommunications Holdings's dividend is below the markets top 25% of dividend payers in United States of America (3.85%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have fallen over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.9x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Asia Satellite Telecommunications Holdings's salary, the management and board of directors tenure and is there insider trading?

1.4yrs

Average management tenure


CEO

Roger Tong (57yo)

1.4yrs

Tenure

HK$8,588,848

Compensation

Dr. Shun-hong Tong, also known as Roger, has been the Executive Director and Chief Executive Officer of Asia Satellite Telecommunications Holdings Ltd. and Asia Satellite Telecommunications Company Limited ...


CEO Compensation Analysis

Roger's remuneration is lower than average for companies of similar size in United States of America.

Insufficient data for Roger to compare compensation growth.


Management Age and Tenure

1.4yrs

Average Tenure

55yo

Average Age

The average tenure for the Asia Satellite Telecommunications Holdings management team is less than 2 years, this suggests a new team.


Board Age and Tenure

1.6yrs

Average Tenure

57yo

Average Age

The average tenure for the Asia Satellite Telecommunications Holdings board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyHK$3,034,28616 Nov 18
International Value Advisers, LLC
EntityCompany
Shares4,640,000
Max PriceHK$0.65

Ownership Breakdown


Management Team

  • Roger Tong (57yo)

    CEO & Executive Director

    • Tenure: 1.4yrs
    • Compensation: HK$8.59m
  • Lara Kwok

    Vice President of Business Development & Strategy

    • Tenure: 2.1yrs
  • Sue Yeung (55yo)

    CFO & Company Secretary

    • Tenure: 0yrs
  • Saphina Ho (51yo)

    General Counsel

    • Tenure: 0yrs
  • Fred Ho (56yo)

    Vice President of Technical Operations

    • Tenure: 1.3yrs
  • Alan Wong

    Sales Director

    • Tenure: 1.1yrs
  • Ina Lui (50yo)

    Senior Vice President of Commercial

    • Tenure: 0yrs

Board Members

  • Greg Zeluck (57yo)

    Chairman

    • Tenure: 1.7yrs
    • Compensation: HK$218.00k
  • Steve Leonard (57yo)

    Independent Non-Executive Director

    • Tenure: 2.4yrs
    • Compensation: HK$399.00k
  • Ning Luo (60yo)

    Non-Executive Director

    • Tenure: 9.7yrs
    • Compensation: HK$109.00k
  • Yucheng Ding (53yo)

    Non-Executive Director

    • Tenure: 1.1yrs
    • Compensation: HK$45.00k
  • Roger Tong (57yo)

    CEO & Executive Director

    • Tenure: 1.4yrs
    • Compensation: HK$8.59m
  • Herman Chang (61yo)

    Non-Executive Director

    • Tenure: 2.2yrs
    • Compensation: HK$163.00k
  • Philana Poon (52yo)

    Independent Non-Executive Director

    • Tenure: 1.5yrs
    • Compensation: HK$316.00k
  • Jui-Ying Fan (58yo)

    Non-Executive Director

    • Tenure: 1yrs
    • Compensation: HK$36.00k
  • Marcel Fenez (58yo)

    Independent Non-Executive Director

    • Tenure: 2.4yrs
    • Compensation: HK$429.00k
  • Zhengjun Liu (53yo)

    Deputy Chairman

    • Tenure: 0.3yrs

Company Information

Asia Satellite Telecommunications Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Asia Satellite Telecommunications Holdings Limited
  • Ticker: AISL.F
  • Exchange: OTCPK
  • Founded: 1988
  • Industry: Alternative Carriers
  • Sector: Telecom
  • Market Cap: HK$4.041b
  • Listing Market Cap: HK$515.603m
  • Shares outstanding: 390.85m
  • Website: https://www.asiasat.com

Number of Employees


Location

  • Asia Satellite Telecommunications Holdings Limited
  • 15 Dai Kwai Street
  • Tai Po Industrial Estate
  • Tai Po
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AISL.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJun 1996
1135SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJun 1996
ATH1DB (Deutsche Boerse AG)YesOrdinary SharesDEEURJun 1996

Biography

Asia Satellite Telecommunications Holdings Limited, an investment holding company, provides satellite services to the broadcasting and telecommunications markets in the Asia Pacific and internationally. It ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/05 23:53
End of Day Share Price2019/07/16 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.