ASSET PLUS LIMITED |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 0.21 NZD | -2.33% |
|
-6.67% | -16.00% |
| 04-04 | Asset Plus Forecasts Drop in Net Tangible Assets for Six Months Ended March | MT |
| 2023 | Asset Plus Limited Reports Earnings Results for the Half Year Ended September 30, 2023 | CI |
Valuation
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 96.34 | 63.15 | 123.3 | 96.12 | 90.68 | 76.17 | - | - |
| Enterprise Value (EV) 1 | 106.1 | 112.3 | 129.6 | 147.4 | 157.2 | 102.4 | -1.701 | -2.842 |
| P/E ratio | 25.3 x | -4.3 x | 5.67 x | 32.7 x | -6.94 x | -9.52 x | -9.35 x | 15.2 x |
| Yield | 6.05% | 9.23% | 5.29% | 4.25% | - | - | - | 5.76% |
| Capitalization / Revenue | 10.5 x | 5.76 x | 12.4 x | 12.4 x | 26.2 x | 20.4 x | 17.7 x | 11.7 x |
| EV / Revenue | 11.6 x | 10.2 x | 13 x | 19.1 x | 45.3 x | 27.4 x | -0.4 x | -0.44 x |
| EV / EBITDA | 14.4 x | 12.6 x | 15.8 x | 24.5 x | 103 x | 51.1 x | -0.88 x | -1.32 x |
| EV / FCF | - | - | -12,890,607 x | -3,871,569 x | -2,678,255 x | - | - | - |
| FCF Yield | - | - | -0% | -0% | -0% | - | - | - |
| Price to Book | 0.86 x | 0.69 x | 0.76 x | 0.6 x | 0.62 x | 0.56 x | 0.59 x | 0.59 x |
| Nbr of stocks (in thousands) | 161,920 | 161,920 | 362,718 | 362,718 | 362,718 | 362,718 | - | - |
| Reference price 2 | 0.5950 | 0.3900 | 0.3400 | 0.2650 | 0.2500 | 0.2100 | 0.2100 | 0.2100 |
| Announcement Date | 19-05-28 | 20-06-16 | 21-05-27 | 22-05-19 | 23-05-29 | - | - | - |
1NZD in Million2NZD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 9.151 | 10.96 | 9.953 | 7.729 | 3.466 | 3.739 | 4.302 | 6.502 |
| EBITDA 1 | 7.385 | 8.89 | 8.217 | 6.018 | 1.527 | 2.002 | 1.925 | 2.156 |
| EBIT 1 | 7.385 | 8.827 | 8.217 | 6.018 | 1.527 | 2.002 | 1.925 | 2.156 |
| Operating Margin | 80.7% | 80.55% | 82.56% | 77.86% | 44.06% | 53.53% | 44.74% | 33.16% |
| Earnings before Tax (EBT) | 3.519 | - | 15.93 | 3.464 | -13.51 | - | - | 6.35 |
| Net income 1 | 3.803 | -14.69 | 15.95 | 2.931 | -13.05 | -9.964 | -7.556 | 5.024 |
| Net margin | 41.56% | -134.03% | 160.24% | 37.92% | -376.51% | -266.48% | -175.63% | 77.27% |
| EPS 2 | 0.0235 | -0.0907 | 0.0600 | 0.008100 | -0.0360 | -0.0221 | -0.0225 | 0.0139 |
| Free Cash Flow | - | - | -10.06 | -38.08 | -58.69 | - | - | - |
| FCF margin | - | - | -101.02% | -492.7% | -1,693.25% | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | 0.0360 | 0.0360 | 0.0180 | 0.0112 | - | - | - | 0.0121 |
| Announcement Date | 19-05-28 | 20-06-16 | 21-05-27 | 22-05-19 | 23-05-29 | - | - | - |
1NZD in Million2NZD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 |
|---|---|---|---|---|---|
| Net sales 1 | - | 5.285 | - | 3.326 | 2.281 |
| EBITDA | - | - | - | - | - |
| EBIT 1 | - | 4.235 | - | - | 1.283 |
| Operating Margin | - | 80.13% | - | - | 56.25% |
| Earnings before Tax (EBT) | - | - | - | - | - |
| Net income | 11.54 | - | - | - | - |
| Net margin | - | - | - | - | - |
| EPS | 0.0680 | - | 0.006900 | - | - |
| Dividend per Share | - | 0.009000 | 0.0100 | 0.002250 | - |
| Announcement Date | 20-11-25 | 21-05-27 | 21-11-29 | 22-05-19 | 22-11-29 |
1NZD in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 9.72 | 49.2 | 6.29 | 51.3 | 66.5 | 26.2 | - | - |
| Net Cash position 1 | - | - | - | - | - | - | 77.9 | 79 |
| Leverage (Debt/EBITDA) | 1.316 x | 5.529 x | 0.7656 x | 8.527 x | 43.55 x | 13.09 x | - | - |
| Free Cash Flow | - | - | -10.1 | -38.1 | -58.7 | - | - | - |
| ROE (net income / shareholders' equity) | 4.36% | 6.03% | 5.58% | 2.35% | -0.3% | -0.27% | 0.34% | 3.88% |
| ROA (Net income/ Total Assets) | - | 6.51% | 5.07% | 2.98% | - | - | 2.65% | 5.03% |
| Assets 1 | - | -225.6 | 314.5 | 98.3 | - | - | -285.1 | 99.89 |
| Book Value Per Share 2 | 0.6900 | 0.5700 | 0.4500 | 0.4400 | 0.4000 | 0.3700 | 0.3500 | 0.3600 |
| Cash Flow per Share | 0.0200 | 0.0400 | 0.0200 | 0.0100 | 0.0100 | - | - | - |
| Capex 1 | 0.36 | 2.64 | 15 | 40.4 | 61.4 | 11.2 | 0.25 | 0.17 |
| Capex / Sales | 3.88% | 24.1% | 150.85% | 522.18% | 1,772.56% | 300.3% | 5.88% | 2.57% |
| Announcement Date | 19-05-28 | 20-06-16 | 21-05-27 | 22-05-19 | 23-05-29 | - | - | - |
1NZD in Million2NZD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
0.21
NZD
Average target price
0.3
NZD
Spread / Average Target
+42.86%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -16.00% | 45.82M | |
| +14.64% | 29.29B | |
| +36.86% | 28.36B | |
| -8.82% | 25.5B | |
| +13.69% | 24.47B | |
| +50.95% | 23.83B | |
| +11.92% | 21.57B | |
| +1.39% | 19.32B | |
| +31.19% | 16.73B | |
| -1.82% | 15.96B |
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