ASETEK A/S (ASTK.OL) Stock Fundamental Analysis
Europe - 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 30 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 decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
ASTK had positive earnings in the past year.
ASTK had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: ASTK reported negative net income in multiple years.
Of the past 5 years ASTK 4 years had a positive operating cash flow.
1.2 Ratios
ASTK's Return On Assets of 5.01% is fine compared to the rest of the industry. ASTK outperforms 78.26% of its industry peers.
With a decent Return On Equity value of 7.60%, ASTK is doing good in the industry, outperforming 78.26% of the companies in the same industry.
The Return On Invested Capital of ASTK (6.99%) is better than 78.26% of its industry peers.
| 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
With a decent Profit Margin value of 7.21%, ASTK is doing good in the industry, outperforming 78.26% of the companies in the same industry.
The Operating Margin of ASTK (10.56%) is better than 73.91% of its industry peers.
ASTK's Gross Margin of 44.62% is fine compared to the rest of the industry. ASTK outperforms 73.91% of its industry peers.
ASTK's Gross Margin has improved in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ASTK is creating some value.
The number of shares outstanding for ASTK has been increased compared to 1 year ago.
Compared to 1 year ago, ASTK has a worse debt to assets ratio.
2.2 Solvency
There is no outstanding debt for ASTK. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC1.03
WACC6.79%
2.3 Liquidity
ASTK has a Current Ratio of 1.70. This is a normal value and indicates that ASTK is financially healthy and should not expect problems in meeting its short term obligations.
ASTK's Current ratio of 1.70 is in line compared to the rest of the industry. ASTK outperforms 56.52% of its industry peers.
A Quick Ratio of 1.70 indicates that ASTK should not have too much problems paying its short term obligations.
ASTK has a better Quick ratio (1.70) than 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.
The Revenue has grown by 16.76% in the past year. This is quite good.
Measured over the past years, ASTK shows a decrease in Revenue. The Revenue has been decreasing by -2.74% on average per year.
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
ASTK is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 47.58% yearly.
Based on estimates for the next years, ASTK will show a very strong growth in Revenue. The Revenue will grow by 21.29% on average per year.
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
ASTK is valuated correctly with a Price/Earnings ratio of 14.74.
Compared to the rest of the industry, the Price/Earnings ratio of ASTK indicates a rather cheap valuation: ASTK is cheaper than 82.61% of the companies listed in the same industry.
ASTK's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.89.
A Price/Forward Earnings ratio of 8.29 indicates a reasonable 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.
The average S&P500 Price/Forward Earnings ratio is at 34.59. ASTK is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.74 | ||
| Fwd PE | 8.29 |
4.2 Price Multiples
ASTK's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ASTK is cheaper than 78.26% of the companies in the same industry.
| 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.
A more expensive valuation may be justified as ASTK's earnings are expected to grow with 47.58% in the coming years.
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%.