Acsion Limited engages in property holding and development activities in South Africa.
Price History & Performance
|Historical stock prices|
|Current Share Price||R4.12|
|52 Week High||R3.11|
|52 Week Low||R7.00|
|1 Month Change||-36.61%|
|3 Month Change||2.49%|
|1 Year Change||-23.70%|
|3 Year Change||-31.33%|
|5 Year Change||-54.17%|
|Change since IPO||-62.54%|
Recent News & Updates
Here's Why Shareholders Should Examine Acsion Limited's (JSE:ACS) CEO Compensation Package More Closely
Acsion Limited ( JSE:ACS ) has not performed well recently and CEO Kiriakos Anastasiadis will probably need to up their...
We Think Acsion (JSE:ACS) Is Taking Some Risk With Its Debt
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
|ACS||ZA Real Estate||ZA Market|
Return vs Industry: ACS underperformed the ZA Real Estate industry which returned 51.3% over the past year.
Return vs Market: ACS underperformed the ZA Market which returned 21.3% over the past year.
Stable Share Price: ACS is more volatile than 90% of ZA stocks over the past 3 months, typically moving +/- 15% a week.
Volatility Over Time: ACS's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of ZA stocks.
About the Company
Acsion Limited engages in property holding and development activities in South Africa. The company’s investment portfolio includes eight retail properties, including two regional shopping centers. It develops regional shopping centers, community centers, convenience centers, and neighborhood centers projects, as well as industrial/commercial properties.
Acsion Fundamentals Summary
|ACS fundamental statistics|
Is ACS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ACS income statement (TTM)|
|Cost of Revenue||R327.66m|
Last Reported Earnings
Feb 28, 2021
Next Earnings Date
|Earnings per share (EPS)||0.06|
|Net Profit Margin||3.39%|
How did ACS perform over the long term?See historical performance and comparison
Is Acsion 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: ACS (ZAR4.12) is trading below our estimate of fair value (ZAR10.41)
Significantly Below Fair Value: ACS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ACS is poor value based on its PE Ratio (68.6x) compared to the ZA Real Estate industry average (17.5x).
PE vs Market: ACS is poor value based on its PE Ratio (68.6x) compared to the ZA market (11.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ACS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ACS is good value based on its PB Ratio (0.2x) compared to the ZA Real Estate industry average (0.6x).
How is Acsion forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Real Estate 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 Acsion 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.
How has Acsion performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ACS has a large one-off loss of ZAR245.8M impacting its February 28 2021 financial results.
Growing Profit Margin: ACS's current net profit margins (3.4%) are lower than last year (70.6%).
Past Earnings Growth Analysis
Earnings Trend: ACS's earnings have declined by 7.4% per year over the past 5 years.
Accelerating Growth: ACS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ACS had negative earnings growth (-95.1%) over the past year, making it difficult to compare to the Real Estate industry average (-1.9%).
Return on Equity
High ROE: ACS's Return on Equity (0.9%) is considered low.
How is Acsion's financial position?
Financial Position Analysis
Short Term Liabilities: ACS's short term assets (ZAR192.3M) do not cover its short term liabilities (ZAR996.8M).
Long Term Liabilities: ACS's short term assets (ZAR192.3M) do not cover its long term liabilities (ZAR1.7B).
Debt to Equity History and Analysis
Debt Level: ACS's debt to equity ratio (10.1%) is considered satisfactory.
Reducing Debt: ACS's debt to equity ratio has increased from 4.5% to 10.1% over the past 5 years.
Debt Coverage: ACS's debt is well covered by operating cash flow (56.3%).
Interest Coverage: ACS's interest payments on its debt are well covered by EBIT (11.8x coverage).
What is Acsion current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ACS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ACS'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 ACS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ACS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ACS is not paying a notable dividend for the ZA market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ACS's dividend in 3 years as they are not forecast to pay a notable one for the ZA market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Kiriakos Anastasiadis (68 yo)
Mr. Kiriakos Anastasiadis, PR ENG MSc Eng (Structural), serves as the Chief Executive Officer and Director of Acsion Limited. Mr. Anastasiadis started the first development that forms part of the group, no...
CEO Compensation Analysis
Compensation vs Market: Kiriakos's total compensation ($USD180.98K) is below average for companies of similar size in the ZA market ($USD280.19K).
Compensation vs Earnings: Kiriakos's compensation has been consistent with company performance over the past year.
Experienced Board: ACS's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
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 not been meaningfully diluted in the past year.
Acsion Limited's employee growth, exchange listings and data sources
- Name: Acsion Limited
- Ticker: ACS
- Exchange: JSE
- Founded: 2014
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: R1.621b
- Shares outstanding: 393.36m
- Website: https://www.acsionsa.co.za
- Acsion Limited
- Anaprop Offices
- South Africa
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 21:45|
|End of Day Share Price||2021/10/18 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.