ASETEK A/S (ASTK.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:ASTK - DK0060477263 - Common Stock
6.34 NOK
+0.06 (+0.96%)
Taking everything into account, ASTK scores 5 out of 10 in our fundamental rating. ASTK was compared to 31 industry peers in the Technology Hardware, Storage & Peripherals industry. Both the profitability and the financial health of ASTK get a neutral evaluation. Nothing too spectacular is happening here. ASTK has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
ASTK had positive earnings in the past year.
In the past year ASTK had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: ASTK reported negative net income in multiple years.
ASTK had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 5.01%, ASTK is doing good in the industry, outperforming 78.26% of the companies in the same industry.
ASTK has a better Return On Equity (7.60%) than 78.26% of its industry peers.
Looking at the Return On Invested Capital, with a value of 6.99%, ASTK is in the better half of the industry, outperforming 78.26% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.01% | ||
| ROE | 7.6% | ||
| ROIC | 6.99% |
ROA(3y)3.05%
ROA(5y)3.03%
ROE(3y)4%
ROE(5y)3.96%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
ASTK's Profit Margin of 7.21% is fine compared to the rest of the industry. ASTK outperforms 78.26% of its industry peers.
ASTK has a better Operating Margin (10.56%) than 73.91% of its industry peers.
With a decent Gross Margin value of 44.62%, ASTK is doing good in the industry, outperforming 73.91% of the companies in the same industry.
In the last couple of years the Gross Margin of ASTK has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.56% | ||
| PM (TTM) | 7.21% | ||
| GM | 44.62% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.07%
GM growth 5Y2.61%
2. Health
2.1 Basic Checks
ASTK has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for ASTK has been increased compared to 1 year ago.
The debt/assets ratio for ASTK is higher compared to a year ago.
2.2 Solvency
ASTK has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC1.03
WACC6.79%
2.3 Liquidity
A Current Ratio of 1.70 indicates that ASTK should not have too much problems paying its short term obligations.
The Current ratio of ASTK (1.70) is comparable to the rest of the industry.
A Quick Ratio of 1.70 indicates that ASTK should not have too much problems paying its short term obligations.
ASTK's Quick ratio of 1.70 is fine compared to the rest of the industry. ASTK outperforms 78.26% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.7 | ||
| Quick Ratio | 1.7 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 137.48% over the past year.
Looking at the last year, ASTK shows a quite strong growth in Revenue. The Revenue has grown by 16.76% in the last year.
ASTK shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -2.74% yearly.
EPS 1Y (TTM)137.48%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%163.62%
Revenue 1Y (TTM)16.76%
Revenue growth 3Y-2.31%
Revenue growth 5Y-2.74%
Sales Q2Q%96.23%
3.2 Future
The Earnings Per Share is expected to grow by 47.58% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 21.29% on average over the next years. This is a very strong growth
EPS Next Y194.44%
EPS Next 2Y71.59%
EPS Next 3Y47.58%
EPS Next 5YN/A
Revenue Next Year47.06%
Revenue Next 2Y26.8%
Revenue Next 3Y21.29%
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 14.74 indicates a correct valuation of ASTK.
Based on the Price/Earnings ratio, ASTK is valued cheaply inside the industry as 82.61% of the companies are valued more expensively.
ASTK's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.59.
The Price/Forward Earnings ratio is 8.29, which indicates a very decent valuation of ASTK.
Based on the Price/Forward Earnings ratio, ASTK is valued a bit cheaper than the industry average as 73.91% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of ASTK to the average of the S&P500 Index (24.03), we can say ASTK is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.74 | ||
| Fwd PE | 8.29 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ASTK is valued a bit cheaper than the industry average as 78.26% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 5.01 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
ASTK's earnings are expected to grow with 47.58% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.08
PEG (5Y)N/A
EPS Next 2Y71.59%
EPS Next 3Y47.58%
5. Dividend
5.1 Amount
ASTK does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
OSL:ASTK (3/26/2024, 7:00:00 PM)
6.34
+0.06 (+0.96%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)
Earnings (Next)
Inst OwnersN/A
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap615.35M
Revenue(TTM)69.19M
Net Income(TTM)4.99M
Analysts40
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.74 | ||
| Fwd PE | 8.29 | ||
| P/S | 0.83 | ||
| P/FCF | N/A | ||
| P/OCF | 6.88 | ||
| P/B | 0.88 | ||
| P/tB | 0.88 | ||
| EV/EBITDA | 5.01 |
EPS(TTM)0.43
EY6.78%
EPS(NY)0.76
Fwd EY12.06%
FCF(TTM)-1.91
FCFYN/A
OCF(TTM)0.92
OCFY14.53%
SpS7.64
BVpS7.24
TBVpS7.24
PEG (NY)0.08
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.01% | ||
| ROE | 7.6% | ||
| ROCE | 9.07% | ||
| ROIC | 6.99% | ||
| ROICexc | 6.99% | ||
| ROICexgc | 6.99% | ||
| OM | 10.56% | ||
| PM (TTM) | 7.21% | ||
| GM | 44.62% | ||
| FCFM | N/A |
ROA(3y)3.05%
ROA(5y)3.03%
ROE(3y)4%
ROE(5y)3.96%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.07%
GM growth 5Y2.61%
F-Score7
Asset Turnover0.69
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 72.72% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.7 | ||
| Quick Ratio | 1.7 | ||
| Altman-Z | N/A |
F-Score7
WACC6.79%
ROIC/WACC1.03
Cap/Depr(3y)362.95%
Cap/Depr(5y)248.22%
Cap/Sales(3y)24.44%
Cap/Sales(5y)16.54%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)137.48%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%163.62%
EPS Next Y194.44%
EPS Next 2Y71.59%
EPS Next 3Y47.58%
EPS Next 5YN/A
Revenue 1Y (TTM)16.76%
Revenue growth 3Y-2.31%
Revenue growth 5Y-2.74%
Sales Q2Q%96.23%
Revenue Next Year47.06%
Revenue Next 2Y26.8%
Revenue Next 3Y21.29%
Revenue Next 5YN/A
EBIT growth 1Y281.43%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year420%
EBIT Next 3Y81.71%
EBIT Next 5YN/A
FCF growth 1Y-432.88%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-53.31%
OCF growth 3YN/A
OCF growth 5YN/A
ASETEK A/S / ASTK.OL FAQ
What is the ChartMill fundamental rating of ASETEK A/S (ASTK.OL) stock?
ChartMill assigns a fundamental rating of 5 / 10 to ASTK.OL.
What is the valuation status for ASTK stock?
ChartMill assigns a valuation rating of 6 / 10 to ASETEK A/S (ASTK.OL). This can be considered as Fairly Valued.
How profitable is ASETEK A/S (ASTK.OL) stock?
ASETEK A/S (ASTK.OL) has a profitability rating of 5 / 10.
Can you provide the expected EPS growth for ASTK stock?
The Earnings per Share (EPS) of ASETEK A/S (ASTK.OL) is expected to grow by 194.44% in the next year.
How sustainable is the dividend of ASETEK A/S (ASTK.OL) stock?
The dividend rating of ASETEK A/S (ASTK.OL) is 0 / 10 and the dividend payout ratio is 0%.