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Ariadne Australia

ASX:ARA
Snowflake Description

Excellent balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ARA
ASX
A$123M
Market Cap
  1. Home
  2. AU
  3. Commercial Services
Company description

Ariadne Australia Limited operates as an investment company in Australia and New Zealand. The last earnings update was 79 days ago. More info.


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ARA Share Price and Events
7 Day Returns
0%
ASX:ARA
2.2%
AU Commercial Services
0%
AU Market
1 Year Returns
-10.1%
ASX:ARA
15%
AU Commercial Services
15.3%
AU Market
ARA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ariadne Australia (ARA) 0% 0.8% 0.8% -10.1% 68.9% 62.3%
AU Commercial Services 2.2% 3.1% -1.5% 15% 15.8% 38.7%
AU Market 0% 0.5% 4.7% 15.3% 21.6% 20.7%
1 Year Return vs Industry and Market
  • ARA underperformed the Commercial Services industry which returned 15% over the past year.
  • ARA underperformed the Market in Australia which returned 15.3% over the past year.
Price Volatility
ARA
Industry
5yr Volatility vs Market

ARA Value

 Is Ariadne Australia undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Ariadne Australia to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Ariadne Australia.

ASX:ARA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 7.1%
Perpetual Growth Rate 10-Year AU Government Bond Rate 2.3%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for ASX:ARA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year AU Govt Bond Rate 2.3%
Equity Risk Premium S&P Global 6%
Commercial Services Unlevered Beta Simply Wall St/ S&P Global 0.66
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.659 (1 + (1- 30%) (3.94%))
0.784
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.31% + (0.8 * 5.96%)
7.08%

Discounted Cash Flow Calculation for ASX:ARA using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Ariadne Australia is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

ASX:ARA DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (AUD, Millions) Source Present Value
Discounted (@ 7.08%)
2020 29.84 Est @ 42% 27.87
2021 38.82 Est @ 30.1% 33.86
2022 47.27 Est @ 21.76% 38.50
2023 54.80 Est @ 15.93% 41.68
2024 61.29 Est @ 11.84% 43.53
2025 66.79 Est @ 8.98% 44.31
2026 71.45 Est @ 6.98% 44.27
2027 75.44 Est @ 5.58% 43.65
2028 78.91 Est @ 4.6% 42.64
2029 82.00 Est @ 3.91% 41.37
Present value of next 10 years cash flows A$401.00
ASX:ARA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= A$82.00 × (1 + 2.31%) ÷ (7.08% – 2.31%)
A$1,759.57
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= A$1,759.57 ÷ (1 + 7.08%)10
A$887.82
ASX:ARA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= A$401.00 + A$887.82
A$1,288.82
Equity Value per Share
(AUD)
= Total value / Shares Outstanding
= A$1,288.82 / 196.47
A$6.56
ASX:ARA Discount to Share Price
Calculation Result
Value per share (AUD) From above. A$6.56
Current discount Discount to share price of A$0.63
= -1 x (A$0.63 - A$6.56) / A$6.56
90.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Ariadne Australia is available for.
Intrinsic value
>50%
Share price is A$0.63 vs Future cash flow value of A$6.56
Current Discount Checks
For Ariadne Australia to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Ariadne Australia's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Ariadne Australia's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Ariadne Australia's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ariadne Australia's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:ARA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in AUD A$-0.01
ASX:ARA Share Price ** ASX (2019-11-08) in AUD A$0.63
Australia Commercial Services Industry PE Ratio Median Figure of 12 Publicly-Listed Commercial Services Companies 18.07x
Australia Market PE Ratio Median Figure of 519 Publicly-Listed Companies 18.45x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Ariadne Australia.

ASX:ARA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:ARA Share Price ÷ EPS (both in AUD)

= 0.63 ÷ -0.01

-42.47x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ariadne Australia is loss making, we can't compare its value to the AU Commercial Services industry average.
  • Ariadne Australia is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Ariadne Australia's expected growth come at a high price?
Raw Data
ASX:ARA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -42.47x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
32.9%per year
Australia Commercial Services Industry PEG Ratio Median Figure of 9 Publicly-Listed Commercial Services Companies 2.36x
Australia Market PEG Ratio Median Figure of 346 Publicly-Listed Companies 1.59x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Ariadne Australia, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Ariadne Australia's assets?
Raw Data
ASX:ARA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in AUD A$0.73
ASX:ARA Share Price * ASX (2019-11-08) in AUD A$0.63
Australia Commercial Services Industry PB Ratio Median Figure of 27 Publicly-Listed Commercial Services Companies 2.46x
Australia Market PB Ratio Median Figure of 1,585 Publicly-Listed Companies 1.71x
ASX:ARA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:ARA Share Price ÷ Book Value per Share (both in AUD)

= 0.63 ÷ 0.73

0.85x

* Primary Listing of Ariadne Australia.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ariadne Australia is good value based on assets compared to the AU Commercial Services industry average.
X
Value checks
We assess Ariadne Australia's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Commercial Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Commercial Services industry average (and greater than 0)? (1 check)
  5. Ariadne Australia has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

ARA Future Performance

 How is Ariadne Australia expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Ariadne Australia, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
32.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Ariadne Australia expected to grow at an attractive rate?
  • Ariadne Australia's earnings growth is expected to exceed the low risk savings rate of 2.3%.
Growth vs Market Checks
  • Ariadne Australia's earnings growth is expected to exceed the Australia market average.
  • Unable to compare Ariadne Australia's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:ARA Future Growth Rates Data Sources
Data Point Source Value (per year)
ASX:ARA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 32.9%
Australia Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 11%
Australia Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 5.5%
Australia Market Earnings Growth Rate Market Cap Weighted Average 9.8%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:ARA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:ARA Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2019-06-30 19 21 -3
2019-03-31 25 18 2
2018-12-31 31 15 6
2018-09-30 34 8 11
2018-06-30 36 1 15
2017-12-31 23 1 10
2017-09-30 24 6 10
2017-06-30 24 10 11
2016-12-31 25 14 6
2016-09-30 24 12 4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Ariadne Australia's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Ariadne Australia is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:ARA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Ariadne Australia Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:ARA Past Financials Data
Date (Data in AUD Millions) EPS *
2019-06-30 -0.01
2019-03-31 0.01
2018-12-31 0.03
2018-09-30 0.05
2018-06-30 0.08
2017-12-31 0.05
2017-09-30 0.05
2017-06-30 0.05
2016-12-31 0.03
2016-09-30 0.02

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Ariadne Australia will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Ariadne Australia's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Ariadne Australia has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

ARA Past Performance

  How has Ariadne Australia performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Ariadne Australia's growth in the last year to its industry (Commercial Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Ariadne Australia does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Ariadne Australia's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Ariadne Australia's 1-year growth to the AU Commercial Services industry average as it is not currently profitable.
Earnings and Revenue History
Ariadne Australia's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Ariadne Australia Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:ARA Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 18.61 -2.91 1.54
2019-03-31 24.90 1.67 1.13
2018-12-31 31.19 6.25 0.71
2018-09-30 33.52 10.77 1.35
2018-06-30 35.86 15.29 1.99
2017-12-31 23.14 9.91 2.87
2017-09-30 23.63 10.29 2.47
2017-06-30 24.13 10.67 2.08
2016-12-31 24.94 5.90 1.49
2016-09-30 23.56 4.12 1.44
2016-06-30 22.18 2.34 1.40
2016-03-31 22.02 2.64 1.32
2015-12-31 15.31 -3.61 1.25
2015-09-30 15.28 -3.61 1.60
2015-06-30 15.25 -3.62 1.95
2015-03-31 20.45 1.03 1.40
2014-12-31 25.64 5.68 0.85
2014-09-30 29.56 5.97 1.44
2014-06-30 33.48 6.26 2.04
2014-03-31 36.76 4.75 1.61
2013-12-31 40.05 3.24 1.18
2013-09-30 39.27 3.04 1.52
2013-06-30 38.49 2.85 1.87
2013-03-31 33.39 3.23 2.67
2012-12-31 28.28 3.60 3.48

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Ariadne Australia has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Ariadne Australia has efficiently used its assets last year compared to the AU Commercial Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Ariadne Australia improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Ariadne Australia's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Commercial Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Ariadne Australia has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

ARA Health

 How is Ariadne Australia's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Ariadne Australia's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ariadne Australia is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Ariadne Australia's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Ariadne Australia's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 10.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Ariadne Australia Company Filings, last reported 4 months ago.

ASX:ARA Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 150.46 4.84 48.07
2019-03-31 150.46 4.84 48.07
2018-12-31 163.95 7.05 41.06
2018-09-30 163.95 7.05 41.06
2018-06-30 181.92 7.55 28.33
2017-12-31 179.03 7.55 31.71
2017-09-30 179.03 7.55 31.71
2017-06-30 179.97 7.74 56.35
2016-12-31 105.08 3.60 16.77
2016-09-30 105.08 3.60 16.77
2016-06-30 92.52 3.99 17.16
2016-03-31 92.52 3.99 17.16
2015-12-31 87.74 3.61 13.49
2015-09-30 87.74 3.61 13.49
2015-06-30 85.27 3.87 14.79
2015-03-31 85.27 3.87 14.79
2014-12-31 91.28 4.46 15.00
2014-09-30 91.28 4.46 15.00
2014-06-30 88.40 2.84 17.97
2014-03-31 88.40 2.84 17.97
2013-12-31 84.28 5.50 12.11
2013-09-30 84.28 5.50 12.11
2013-06-30 79.74 6.18 17.38
2013-03-31 79.74 6.18 17.38
2012-12-31 78.88 7.16 12.49
  • Ariadne Australia's level of debt (3.2%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (3.2% vs 3.2% today).
  • Debt is well covered by operating cash flow (440.5%, greater than 20% of total debt).
  • Ariadne Australia is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Ariadne Australia's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Ariadne Australia has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

ARA Dividends

 What is Ariadne Australia's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.72%
Current annual income from Ariadne Australia dividends.
If you bought A$2,000 of Ariadne Australia shares you are expected to receive A$54 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Ariadne Australia's pays a higher dividend yield than the bottom 25% of dividend payers in Australia (2.36%).
  • Ariadne Australia's dividend is below the markets top 25% of dividend payers in Australia (5.58%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:ARA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Australia Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 12 Stocks 2.6%
Australia Market Average Dividend Yield Market Cap Weighted Average of 391 Stocks 4.1%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.5%
Australia Bottom 25% Dividend Yield 25th Percentile 2.4%
Australia Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ASX:ARA Past Annualized Dividends Data
Date (Data in A$) Dividend per share (annual) Avg. Yield (%)
2019-08-28 0.017 2.738
2019-02-22 0.014 2.191
2018-08-23 0.020 3.017
2018-02-21 0.035 5.035
2017-08-21 0.035 4.633
2017-02-20 0.020 2.651
2016-08-19 0.010 2.189
2016-02-19 0.010 2.883
2015-08-28 0.010 2.766
2015-02-23 0.010 2.592
2014-08-21 0.010 2.562
2014-02-24 0.010 2.825
2013-08-27 0.010 3.102
2013-02-15 0.010 3.455
2012-09-03 0.010 3.214
2012-02-27 0.020 5.835
2011-08-26 0.030 9.058
2011-03-01 0.010 3.207
2010-10-07 0.015 4.973
2010-08-25 0.015 4.944
2009-08-24 0.010 3.805

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Ariadne Australia's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Ariadne Australia's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.5%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Ariadne Australia afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ariadne Australia has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

ARA Management

 What is the CEO of Ariadne Australia's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • Ariadne Australia has no CEO, or we have no data on them.
Management Team

Natt McMahon

TITLE
CFO & Company Secretary
COMPENSATION
A$336K
TENURE
7.5 yrs

Dan Weiss

TITLE
Investment Officer
COMPENSATION
A$413K
AGE
39

Gary Weiss

TITLE
Executive Director
COMPENSATION
A$740K
AGE
66
Board of Directors Tenure

Average tenure and age of the Ariadne Australia board of directors in years:

11.9
Average Tenure
72
Average Age
  • The average tenure for the Ariadne Australia board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

David Baffsky

TITLE
Independent Non-Executive Chairman
COMPENSATION
A$158K
AGE
78
TENURE
10.8 yrs

Kevin Seymour

TITLE
Non-Executive Deputy Chairman
COMPENSATION
A$77K
AGE
79

Gary Weiss

TITLE
Executive Director
COMPENSATION
A$740K
AGE
66
TENURE
30 yrs

John Murphy

TITLE
Independent Non-Executive Director
COMPENSATION
A$88K
AGE
66
TENURE
12.9 yrs

Chris Barter

TITLE
Independent Non-Executive Director
COMPENSATION
A$79K
TENURE
1.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
17. Jul 19 Buy David Baffsky Individual 18. Jun 19 18. Jun 19 182,713 A$0.69 A$126,949
24. Dec 18 Sell Gary Weiss Individual 24. Dec 18 24. Dec 18 -1,900,000 A$0.70 A$-1,329,999
19. Dec 18 Buy Christopher Barter Individual 19. Dec 18 19. Dec 18 2,000,000 A$0.70 A$1,399,999
19. Dec 18 Buy David Baffsky Individual 19. Dec 18 19. Dec 18 4,000,000 A$0.70 A$2,799,998
19. Dec 18 Sell Gary Weiss Individual 19. Dec 18 19. Dec 18 -10,000,000 A$0.70 A$-6,999,994
X
Management checks
We assess Ariadne Australia's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Ariadne Australia has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

ARA News

Simply Wall St News

Evaluating Ariadne Australia Limited’s (ASX:ARA) Investments In Its Business

The formula for calculating the return on capital employed is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Ariadne Australia: 0.11 = AU$18m ÷ (AU$172m - AU$7.7m) (Based on the trailing twelve months to December 2018.) Therefore, Ariadne Australia has an ROCE of 11%. … Ariadne Australia's Current Liabilities And Their Impact On Its ROCE Liabilities, such as supplier bills and bank overdrafts, are referred to as current liabilities if they need to be paid within 12 months. … The ROCE equation subtracts current liabilities from capital employed, so a company with a lot of current liabilities appears to have less capital employed, and a higher ROCE than otherwise.

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What Kind Of Shareholder Owns Most Ariadne Australia Limited (ASX:ARA) Stock?

View our latest analysis for Ariadne Australia ASX:ARA Ownership Summary, August 7th 2019 What Does The Institutional Ownership Tell Us About Ariadne Australia? … Insider Ownership Of Ariadne Australia The definition of company insiders can be subjective, and does vary between jurisdictions. … Private Company Ownership Our data indicates that Private Companies hold 4.1%, of the company's shares.

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Is Ariadne Australia (ASX:ARA) Using Too Much Debt?

We can see that Ariadne Australia Limited (ASX:ARA) does use debt in its business. … Given that Ariadne Australia has more cash than debt, we're pretty confident it can manage its debt safely. … Ariadne Australia may have net cash on the balance sheet, but it is still interesting to look at how well the business converts its earnings before interest and tax (EBIT) to free cash flow, because that will influence both its need for, and its capacity to manage debt.

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Read This Before You Buy Ariadne Australia Limited (ASX:ARA) Because Of Its P/E Ratio

View our latest analysis for Ariadne Australia How Do I Calculate A Price To Earnings Ratio? … The formula for P/E is: Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS) Or for Ariadne Australia: P/E of 19.92 = A$0.63 ÷ A$0.031 (Based on the year to December 2018.) Is A High P/E Ratio Good? … Ariadne Australia saw earnings per share decrease by 36% last year.

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Did Ariadne Australia Limited (ASX:ARA) Insiders Sell Shares?

As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.' Check out our latest analysis for Ariadne Australia The Last 12 Months Of Insider Transactions At Ariadne Australia In the last twelve months, the biggest single sale by an insider was when the Executive Director, Gary Weiss, sold AU$7.0m worth of shares at a price of AU$0.70 per share. … Insider Ownership of Ariadne Australia I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. … It's heartening that insiders own plenty of stock, but we'd like to see more insider buying, since the last year of Ariadne Australia insider transactions don't fill us with confidence.

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Should Ariadne Australia (ASX:ARA) Be Disappointed With Their 86% Profit?

Just take a look at Ariadne Australia Limited (ASX:ARA), which is up 86%, over three years, soundly beating the market return of 16% (not including dividends). … One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. … As it happens, Ariadne Australia's TSR for the last 3 years was 107%, which exceeds the share price return mentioned earlier.

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Here’s why Ariadne Australia Limited’s (ASX:ARA) Returns On Capital Matters So Much

Analysts use this formula to calculate return on capital employed: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Ariadne Australia: 0.11 = AU$18m ÷ (AU$172m - AU$7.7m) (Based on the trailing twelve months to December 2018.) So, Ariadne Australia has an ROCE of 11%. … What Are Current Liabilities, And How Do They Affect Ariadne Australia's ROCE? … The ROCE equation subtracts current liabilities from capital employed, so a company with a lot of current liabilities appears to have less capital employed, and a higher ROCE than otherwise.

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Looking At Ariadne Australia Limited (ASX:ARA) From All Angles

Ariadne Australia Limited (ASX:ARA) is a company with exceptional fundamental characteristics. … is a company that has been able to sustain great financial health, trading at an attractive share price. … report on Ariadne Australia here

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What Type Of Shareholder Owns Ariadne Australia Limited's (ASX:ARA)?

Every investor in Ariadne Australia Limited (ASX:ARA) should be aware of the most powerful shareholder groups. … Ariadne Australia is a smaller company with a market capitalization of AU$121m, so it may still be flying under the radar of many institutional investors. … See our latest analysis for Ariadne Australia

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Don't Sell Ariadne Australia Limited (ASX:ARA) Before You Read This

This article is written for those who want to get better at using price to earnings ratios (P/E ratios). … To keep it practical, we'll show how Ariadne Australia Limited's (ASX:ARA) P/E ratio could help you assess the value on offer. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

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ARA Company Info

Description

Ariadne Australia Limited operates as an investment company in Australia and New Zealand. It operates through Investments, Car Parking, and Property segments. The company invests in securities, as well as provides financial services. It also engages in the car park infrastructure operation and management activities; and owns and operates Orams Marine village located in Auckland, New Zealand. The company is based in Sydney, Australia.

Details
Name: Ariadne Australia Limited
ARA
Exchange: ASX
Founded:
A$122,793,275
196,469,241
Website: http://www.ariadne.com.au
Address: Ariadne Australia Limited
Chifley Tower,
Level 27,
Sydney,
New South Wales, 2000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX ARA Ordinary Shares Australian Securities Exchange AU AUD 29. Dec 1994
Number of employees
Current staff
Staff numbers
13
Ariadne Australia employees.
Industry
Environmental and Facilities Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/15 10:31
End of day share price update: 2019/11/08 00:00
Last earnings filing: 2019/08/28
Last earnings reported: 2019/06/30
Last annual earnings reported: 2019/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.