ASETEK A/S (ASTK.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:ASTK - DK0060477263 - Common Stock
6.34 NOK
+0.06 (+0.96%)
ASTK gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 30 industry peers in the Technology Hardware, Storage & Peripherals industry. ASTK has an average financial health and profitability rating. 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.
In multiple years ASTK reported negative net income over the last 5 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's Return On Equity of 7.60% is fine compared to the rest of the industry. ASTK outperforms 78.26% of its industry peers.
ASTK has a Return On Invested Capital of 6.99%. This is in the better half of the industry: ASTK outperforms 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
Looking at the Profit Margin, with a value of 7.21%, ASTK is in the better half of the industry, outperforming 78.26% of the companies in the same industry.
ASTK has a better Operating Margin (10.56%) than 73.91% of its industry peers.
Looking at the Gross Margin, with a value of 44.62%, ASTK is in the better half of 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
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.
ASTK has a worse debt/assets ratio than last year.
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
A Current Ratio of 1.70 indicates that ASTK should not have too much problems paying its short term obligations.
ASTK has a Current ratio (1.70) which is in line with its industry peers.
A Quick Ratio of 1.70 indicates that ASTK should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.70, ASTK is in the better half of the industry, outperforming 78.26% of the companies in the same industry.
| 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.
ASTK shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 16.76%.
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
ASTK is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 47.58% yearly.
ASTK is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 21.29% yearly.
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
With a Price/Earnings ratio of 14.74, ASTK is valued correctly.
Based on the Price/Earnings ratio, ASTK is valued cheaply inside the industry as 82.61% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of ASTK to the average of the S&P500 Index (25.45), we can say ASTK is valued slightly cheaper.
The Price/Forward Earnings ratio is 8.29, which indicates a very decent valuation of ASTK.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ASTK indicates a somewhat cheap valuation: ASTK is cheaper than 73.91% of the companies listed in the same industry.
ASTK is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.46, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.74 | ||
| Fwd PE | 8.29 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ASTK indicates a somewhat cheap valuation: ASTK is cheaper than 78.26% of the companies listed 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.
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%.