OTCPK:VCMM.F

Stock Analysis Report

Executive Summary

Vocus Group Limited provides integrated telecommunications services in Australia and New Zealand.

Snowflake

Fundamentals

Moderate growth potential and slightly overvalued.


Similar Companies

Share Price & News

How has Vocus Group's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

VCMM.F

-1.1%

US Telecom

-0.2%

US Market


1 Year Return

7.1%

VCMM.F

7.0%

US Telecom

1.1%

US Market

VCMM.F matched the Telecom industry (7.9%) over the past year.

VCMM.F outperformed the Market in United States of America which returned 1.6% over the past year.


Share holder returns

VCMM.FIndustryMarket
7 Day0%-1.1%-0.2%
30 Day0%5.6%2.5%
90 Day1.4%8.8%1.6%
1 Year7.1%7.1%12.7%7.0%3.4%1.1%
3 Year-56.7%-56.7%14.4%-2.2%45.2%35.8%
5 Yearn/a34.8%3.9%62.6%44.8%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Vocus Group undervalued based on future cash flows and its price relative to the stock market?

38%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Vocus Group's share price is below the future cash flow value, and at a moderate discount (> 20%).

Vocus Group's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Vocus Group is overvalued based on earnings compared to the US Telecom industry average.

Vocus Group is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Vocus Group is poor value based on expected growth next year.


Price Based on Value of Assets

Vocus Group is good value based on assets compared to the US Telecom industry average.


Next Steps

Future Growth

How is Vocus Group expected to perform in the next 1 to 3 years based on estimates from 11 analysts?

43.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Vocus Group's revenue is expected to grow by 1.4% yearly, however this is not considered high growth (20% yearly).

Vocus Group's earnings are expected to grow significantly at over 20% yearly.

Vocus Group's revenue growth is positive but not above the United States of America market average.

Vocus Group's earnings growth is expected to exceed the United States of America market average.

Vocus Group's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Vocus Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Vocus Group performed over the past 5 years?

-29.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Vocus Group's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.

Vocus Group's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Vocus Group's 1-year earnings growth is negative, it can't be compared to the US Telecom industry average.


Return on Equity

Vocus Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Vocus Group used its assets less efficiently than the US Telecom industry average last year based on Return on Assets.


Return on Capital Employed

Vocus Group's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Vocus Group's financial position?


Financial Position Analysis

Vocus Group's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Vocus Group's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Vocus Group's level of debt (47.2%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (34.6% vs 47.2% today).

Debt is well covered by operating cash flow (26.5%, greater than 20% of total debt).

Interest payments on debt are not well covered by earnings (EBIT is 2.1x annual interest expense, ideally 3x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.3x debt.


Next Steps

Dividend

What is Vocus Group's current dividend yield, its reliability and sustainability?

0.69%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Unable to evaluate Vocus Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Vocus Group's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Vocus Group has not reported any payouts.

Unable to verify if Vocus Group's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Vocus Group has not reported any payouts.


Future Payout to Shareholders

No need to calculate the sustainability of Vocus Group's dividends in 3 years as they are not expected to pay a notable one for United States of America.


Next Steps

Management

What is the CEO of Vocus Group's salary, the management and board of directors tenure and is there insider trading?

1.3yrs

Average management tenure


CEO

Kevin Russell (52yo)

1.3yrs

Tenure

AU$3,228,903

Compensation

Mr. Kevin Steven Russell, B Acc/CompSc, MICAS, has been Group Managing Director, Chief Executive Officer and Director of Vocus Group Ltd since May 28, 2018. Mr. Russell served as Group Executive of Consume ...


CEO Compensation Analysis

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

Kevin's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Management Age and Tenure

1.3yrs

Average Tenure

The average tenure for the Vocus Group management team is less than 2 years, this suggests a new team.


Board Age and Tenure

1.3yrs

Average Tenure

59yo

Average Age

The average tenure for the Vocus Group board of directors is less than 3 years, this suggests a new board.


Insider Trading

More shares have been bought than sold by Vocus Group individual insiders in the past 3 months.


Recent Insider Transactions

BuyAU$101,47404 Sep 19
Robert Mansfield
EntityIndividual
Role
Chairman of the Board
Non-Executive Chairman
Shares47,000
Max PriceAU$2.16
BuyAU$11,652,59909 Aug 19
Yarra Funds Management Limited
EntityCompany
Shares5,366,503
Max PriceAU$2.17
BuyAU$4,566,42627 Jun 19
Janchor Partners Ltd.
EntityCompany
Shares2,087,373
Max PriceAU$2.23
SellAU$4,566,42627 Jun 19
Janchor Partners Ltd.
EntityCompany
Shares2,087,373
Max PriceAU$2.23
BuyAU$123,85518 Jun 19
Matthew Hanning
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares59,000
Max PriceAU$2.10
SellAU$42,174,84029 May 19
Greencape Capital Pty Ltd
EntityCompany
Shares15,492,333
Max PriceAU$2.72
BuyAU$15,465,76529 May 19
Greencape Capital Pty Ltd
EntityCompany
Shares6,981,322
Max PriceAU$2.22
BuyAU$10,693,31220 May 19
Dimensional Fund Advisors L.P.
EntityCompany
Shares4,338,892
Max PriceAU$2.75
SellAU$742,19120 May 19
Dimensional Fund Advisors L.P.
EntityCompany
Shares295,541
Max PriceAU$2.73
BuyAU$224,45406 May 19
Goldman Sachs Group, Investment Banking and Securities Investments
EntityCompany
Shares86,573
Max PriceAU$2.68
BuyAU$312,043,25206 May 19
Argyle Street Management Limited
EntityCompany
Shares117,885,047
Max PriceAU$2.65
BuyAU$10,02006 May 19
Goldman Sachs Asset Management, L.P.
EntityCompany
Shares3,971
Max PriceAU$2.52
SellAU$523,44106 May 19
Goldman Sachs Group, Investment Banking and Securities Investments
EntityCompany
Shares205,795
Max PriceAU$2.69
SellAU$310,645,94606 May 19
Argyle Street Management Limited
EntityCompany
Shares117,377,077
Max PriceAU$2.65
BuyAU$1,984,48318 Apr 19
Yarra Funds Management Limited
EntityCompany
Shares784,925
Max PriceAU$2.53
SellAU$17,404,68718 Apr 19
Yarra Funds Management Limited
EntityCompany
Shares6,868,637
Max PriceAU$2.53
BuyAU$7,83801 Apr 19
David Wiadrowski
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares3,000
Max PriceAU$2.61
SellAU$7,563,82025 Mar 19
Goldman Sachs Asset Management, L.P.
EntityCompany
Shares3,221,136
Max PriceAU$2.35
BuyAU$105,40125 Mar 19
Goldman Sachs Asset Management, L.P.
EntityCompany
Shares44,850
Max PriceAU$2.35
SellAU$14,634,03825 Mar 19
Goldman Sachs Group, Investment Banking and Securities Investments
EntityCompany
Shares6,373,142
Max PriceAU$2.49
SellAU$565,122,30125 Mar 19
Argyle Street Management Limited
EntityCompany
Shares223,688,913
Max PriceAU$2.53
BuyAU$7,215,90525 Mar 19
Goldman Sachs Group, Investment Banking and Securities Investments
EntityCompany
Shares2,850,402
Max PriceAU$2.56
BuyAU$585,609,73325 Mar 19
Argyle Street Management Limited
EntityCompany
Shares232,365,082
Max PriceAU$2.52
SellAU$11,072,36012 Mar 19
Greencape Capital Pty Ltd
EntityCompany
Shares4,489,846
Max PriceAU$2.47
BuyAU$16,991,82212 Mar 19
Greencape Capital Pty Ltd
EntityCompany
Shares7,446,965
Max PriceAU$2.28
SellAU$008 Mar 19
Macquarie Group, Ltd., Banking & Securities Investments
EntityCompany
Shares99,433
Max PriceAU$2.73
BuyAU$008 Mar 19
Macquarie Group, Ltd., Banking & Securities Investments
EntityCompany
Shares116,308
Max PriceAU$2.74
SellAU$008 Mar 19
Macquarie Investment Management Limited
EntityCompany
Shares19,624
Max PriceAU$2.73
BuyAU$008 Mar 19
Macquarie Investment Management Limited
EntityCompany
Shares7,306
Max PriceAU$2.62
SellAU$88,13708 Mar 19
Macquarie Capital Investment Management LLC
EntityCompany
Shares32,010
Max PriceAU$2.75
SellAU$142,17227 Feb 19
Macquarie Capital Investment Management LLC
EntityCompany
Shares55,726
Max PriceAU$2.55
SellAU$027 Feb 19
Macquarie Group, Ltd., Banking & Securities Investments
EntityCompany
Shares107,840
Max PriceAU$2.61
BuyAU$31,64327 Feb 19
Macquarie Investment Management Limited
EntityCompany
Shares16,889
Max PriceAU$2.58
BuyAU$027 Feb 19
Macquarie Group, Ltd., Banking & Securities Investments
EntityCompany
Shares387,877
Max PriceAU$2.63
SellAU$027 Feb 19
Macquarie Investment Management Limited
EntityCompany
Shares116,315
Max PriceAU$2.63
SellAU$2,569,48008 Feb 19
Macquarie Group, Ltd., Banking & Securities Investments
EntityCompany
Shares1,031,000
Max PriceAU$2.49
SellAU$40,27508 Feb 19
Macquarie Investment Management Limited
EntityCompany
Shares16,520
Max PriceAU$2.45
BuyAU$28107 Feb 19
Macquarie Group, Ltd., Banking & Securities Investments
EntityCompany
Shares118
Max PriceAU$2.38
SellAU$27207 Feb 19
Macquarie Group, Ltd., Banking & Securities Investments
EntityCompany
Shares114
Max PriceAU$2.38
SellAU$005 Feb 19
Macquarie Group, Ltd., Banking & Securities Investments
EntityCompany
Shares1,715,667
Max PriceAU$2.47
SellAU$005 Feb 19
Macquarie Investment Management Limited
EntityCompany
Shares232,004
Max PriceAU$2.48
BuyAU$005 Feb 19
Macquarie Group, Ltd., Banking & Securities Investments
EntityCompany
Shares231,604
Max PriceAU$2.46
SellAU$005 Feb 19
Macquarie Group, Ltd., Banking & Securities Investments
EntityCompany
Shares2,953
Max PriceAU$2.34
BuyAU$005 Feb 19
Macquarie Group, Ltd., Banking & Securities Investments
EntityCompany
Shares2,953
Max PriceAU$2.34
BuyAU$3,15605 Feb 19
Macquarie Investment Management Limited
EntityCompany
Shares1,378
Max PriceAU$2.30
SellAU$023 Jan 19
Macquarie Group, Ltd., Banking & Securities Investments
EntityCompany
Shares23,474,361
Max PriceAU$2.56
BuyAU$023 Jan 19
Macquarie Group, Ltd., Banking & Securities Investments
EntityCompany
Shares16,476,914
Max PriceAU$2.56
SellAU$023 Jan 19
Macquarie Investment Management Limited
EntityCompany
Shares2,133,624
Max PriceAU$2.55
BuyAU$023 Jan 19
Macquarie Investment Management Limited
EntityCompany
Shares432,719
Max PriceAU$2.55
BuyAU$023 Jan 19
Macquarie Group, Ltd., Banking & Securities Investments
EntityCompany
Shares7,047,413
Max PriceAU$2.54
SellAU$023 Jan 19
Macquarie Group, Ltd., Banking & Securities Investments
EntityCompany
Shares7,047,413
Max PriceAU$2.54
BuyAU$12,105,80715 Jan 19
Yarra Funds Management Limited
EntityCompany
Shares4,959,130
Max PriceAU$2.44
SellAU$27,043,10215 Jan 19
Yarra Funds Management Limited
EntityCompany
Shares11,206,654
Max PriceAU$2.41
BuyAU$30,608,70314 Jan 19
Goldman Sachs Group, Investment Banking and Securities Investments
EntityCompany
Shares12,707,457
Max PriceAU$2.41
BuyAU$181,925,54714 Jan 19
Argyle Street Management Limited
EntityCompany
Shares76,934,759
Max PriceAU$2.36
BuyAU$9,110,73114 Jan 19
Goldman Sachs Asset Management, L.P.
EntityCompany
Shares3,733,568
Max PriceAU$2.44
BuyAU$8,68513 Dec 18
David Wiadrowski
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares3,600
Max PriceAU$2.41
BuyAU$119,46126 Nov 18
Bruce Akhurst
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares50,000
Max PriceAU$2.39
SellAU$22,675,08209 Nov 18
Yarra Funds Management Limited
EntityCompany
Shares9,241,718
Max PriceAU$2.45
BuyAU$2,470,01409 Nov 18
Yarra Funds Management Limited
EntityCompany
Shares1,240,720
Max PriceAU$1.99
BuyAU$9,94401 Nov 18
David Wiadrowski
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares4,135
Max PriceAU$2.41
SellAU$19,716,16405 Oct 18
Greencape Capital Pty Ltd
EntityCompany
Shares8,649,595
Max PriceAU$2.28
BuyAU$223,92205 Oct 18
Greencape Capital Pty Ltd
EntityCompany
Shares102,100
Max PriceAU$2.19

Ownership Breakdown


Management Team

  • Kevin Russell (52yo)

    Group MD

    • Tenure: 1.3yrs
    • Compensation: AU$3.23m
  • Ashe-Lee Jegathesan

    General Counsel & Company Secretary

    • Tenure: 3.6yrs
  • Mark Wratten (53yo)

    Chief Financial Officer

    • Tenure: 2.7yrs
    • Compensation: AU$1.24m
  • Andrew Wildblood

    Chief Executive of Enterprise & Government

    • Tenure: 0.7yrs
    • Compensation: AU$1.27m
  • Mark Callander

    CEO of New Zealand

    • Tenure: 1.3yrs
    • Compensation: AU$1.69m
  • Ellie Sweeney

    Chief Operating Officer

    • Tenure: 0.5yrs
    • Compensation: AU$815.05k
  • Amber Kristof

    Head of People & Culture

    • Tenure: 0yrs
  • Antony De Jong

    Chief Executive of Business & Consumer

    • Tenure: 0yrs
    • Compensation: AU$1.17m

Board Members

  • Bruce Akhurst (59yo)

    Non-Executive Director

    • Tenure: 1yrs
    • Compensation: AU$128.60k
  • Kevin Russell (52yo)

    Group MD

    • Tenure: 1.3yrs
    • Compensation: AU$3.23m
  • Bob Mansfield (67yo)

    Non-Executive Chairman

    • Tenure: 1.5yrs
    • Compensation: AU$375.00k
  • Matt Hanning

    Non-Executive Director

    • Tenure: 1yrs
    • Compensation: AU$134.82k
  • John Ho (43yo)

    Non-Executive Director

    • Tenure: 1.7yrs
  • Mark Callander

    CEO of New Zealand

    • Tenure: 1.3yrs
    • Compensation: AU$1.69m
  • Julie Fahey (62yo)

    Non Executive Director

    • Tenure: 1.6yrs
    • Compensation: AU$189.23k
  • David Wiadrowski

    Non-Executive Director

    • Tenure: 2.2yrs
    • Compensation: AU$198.89k
  • Zheng Chua

    Alternate Director

    • Tenure: 1.1yrs

Company Information

Vocus Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Vocus Group Limited
  • Ticker: VCMM.F
  • Exchange: OTCPK
  • Founded: 2008
  • Industry: Integrated Telecommunication Services
  • Sector: Telecom
  • Market Cap: AU$2.246b
  • Listing Market Cap: AU$1.527b
  • Shares outstanding: 620.57m
  • Website: https://vocusgroup.com.au

Number of Employees


Location

  • Vocus Group Limited
  • 452 Flinders Street
  • Level 10
  • Melbourne
  • Victoria
  • 3000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VOCASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJul 2010
VOCCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJul 2010
VOQDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJul 2010
VCMM.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJul 2010

Biography

Vocus Group Limited provides integrated telecommunications services in Australia and New Zealand. It offers fiber optic cable network services under the VOCUS communications brand; business communication a ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/20 01:19
End of Day Share Price2019/06/28 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.