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ALH

Alaris HoldingsJSE:ALH Stock Report

Market Cap

R494.6m

7D

3.0%

1Y

94.3%

Updated

19 Oct, 2021

Data

Company Financials
ALH fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends0/6

ALH Overview

Alaris Holdings Limited designs, manufactures, and sells specialized broadband antennas and other related radio frequency products primarily in South Africa, the United States, Europe, and Asia.

Price History & Performance

Summary of all time highs, changes and price drops for Alaris Holdings
Historical stock prices
Current Share PriceR4.06
52 Week HighR1.71
52 Week LowR4.10
Beta0.27
1 Month Change13.41%
3 Month Change4.10%
1 Year Change94.26%
3 Year Change76.52%
5 Year Change62.40%
Change since IPO238.33%

Recent News & Updates

Shareholder Returns

ALHZA Aerospace & DefenseZA Market
7D3.0%1.3%1.0%
1Y94.3%30.4%20.8%

Return vs Industry: ALH exceeded the ZA Aerospace & Defense industry which returned 29.9% over the past year.

Return vs Market: ALH exceeded the ZA Market which returned 20.7% over the past year.

Price Volatility

Is ALH's price volatile compared to industry and market?
ALH volatility
ALH Beta0.27
Industry Beta1.12
Market Beta1

Stable Share Price: ALH is more volatile than 75% of ZA stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: ALH's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of ZA stocks.

About the Company

FoundedEmployeesCEOWebsite
1990174Jurgen Dreselhttps://www.alarisholdings.com

Alaris Holdings Limited designs, manufactures, and sells specialized broadband antennas and other related radio frequency products primarily in South Africa, the United States, Europe, and Asia. The company operates through Alaris Antennas, COJOT, mWAVE, and Linwave segments. It serves science and exploration, financials services, telecoms and utility, system integrators, frequency spectrum regulators, and players in the homeland security space for use in the communication, frequency spectrum monitoring, test and measurement, and other specialized markets; and military and public safety markets.

Alaris Holdings Fundamentals Summary

How do Alaris Holdings's earnings and revenue compare to its market cap?
ALH fundamental statistics
Market CapR494.63m
Earnings (TTM)R46.41m
Revenue (TTM)R328.31m

10.7x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ALH income statement (TTM)
RevenueR328.31m
Cost of RevenueR110.11m
Gross ProfitR218.20m
ExpensesR171.79m
EarningsR46.41m

Valuation

Is Alaris Holdings undervalued compared to its fair value and its price relative to the market?

10.66x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ALH (ZAR4.06) is trading above our estimate of fair value (ZAR2.35)

Significantly Below Fair Value: ALH is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ALH is good value based on its PE Ratio (10.7x) compared to the Global Aerospace & Defense industry average (32.8x).

PE vs Market: ALH is good value based on its PE Ratio (10.7x) compared to the ZA market (11.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ALH is good value based on its PB Ratio (1.9x) compared to the XX Aerospace & Defense industry average (3.1x).


Future Growth

How is Alaris Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.9%

Forecasted Capital Goods 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 Alaris Holdings 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.


Past Performance

How has Alaris Holdings performed over the past 5 years?

21.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ALH has high quality earnings.

Growing Profit Margin: ALH's current net profit margins (14.1%) are higher than last year (12.8%).


Past Earnings Growth Analysis

Earnings Trend: ALH's earnings have grown significantly by 21.9% per year over the past 5 years.

Accelerating Growth: ALH's earnings growth over the past year (49.8%) exceeds its 5-year average (21.9% per year).

Earnings vs Industry: ALH earnings growth over the past year (49.8%) exceeded the Aerospace & Defense industry 22%.


Return on Equity

High ROE: ALH's Return on Equity (17.8%) is considered low.


Financial Health

How is Alaris Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: ALH's short term assets (ZAR210.6M) exceed its short term liabilities (ZAR68.4M).

Long Term Liabilities: ALH's short term assets (ZAR210.6M) exceed its long term liabilities (ZAR22.0M).


Debt to Equity History and Analysis

Debt Level: ALH is debt free.

Reducing Debt: ALH has no debt compared to 5 years ago when its debt to equity ratio was 37.5%.

Debt Coverage: ALH has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: ALH has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Alaris Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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


Next Steps

Management

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

1.3yrs

Average management tenure


CEO

Jurgen Dresel (53 yo)

6.33yrs

Tenure

R6,529,000

Compensation

Mr. Jurgen Dresel, Diplo.Ing. (TU Munich) MSc Eng (Elec) (Wits) has been Group Chief Executive Officer at Alaris Holdings Limited since June 25, 2015 and serves as its Managing Director. Mr. Dresel has bee...


CEO Compensation Analysis

Compensation vs Market: Jurgen's total compensation ($USD449.40K) is above average for companies of similar size in the ZA market ($USD278.96K).

Compensation vs Earnings: Jurgen's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: ALH's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: ALH's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

Insider Buying: ALH insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.1%.


Top Shareholders

Company Information

Alaris Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Alaris Holdings Limited
  • Ticker: ALH
  • Exchange: JSE
  • Founded: 1990
  • Industry: Aerospace and Defense
  • Sector: Capital Goods
  • Market Cap: R494.634m
  • Shares outstanding: 121.83m
  • Website: https://www.alarisholdings.com

Number of Employees


Location

  • Alaris Holdings Limited
  • 1 Travertine Avenue
  • N1 Business Park
  • Centurion
  • Gauteng
  • 157
  • South Africa

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 21:45
End of Day Share Price2021/10/19 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.