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Ovato

ASX:OVT
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
OVT
ASX
A$37M
Market Cap
  1. Home
  2. AU
  3. Commercial Services
Company description

Ovato Limited provides marketing, digital premedia, commercial printing, letterbox delivery, and magazine distribution services in Australia and New Zealand. The last earnings update was 47 days ago. More info.


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OVT Share Price and Events
7 Day Returns
0%
ASX:OVT
2.2%
AU Commercial Services
0%
AU Market
1 Year Returns
-71.7%
ASX:OVT
15%
AU Commercial Services
15.3%
AU Market
OVT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ovato (OVT) 0% 0% -13.6% -71.7% -93.3% -87.9%
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
  • OVT underperformed the Commercial Services industry which returned 15% over the past year.
  • OVT underperformed the Market in Australia which returned 15.3% over the past year.
Price Volatility
OVT
Industry
5yr Volatility vs Market

Value

 Is Ovato 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
  • It is not possible to calculate the future cash flow value for Ovato. This is due to cash flow or dividend data being unavailable. The share price is A$0.051.
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 Ovato's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ovato's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:OVT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in AUD A$-0.16
ASX:OVT Share Price ** ASX (2019-11-15) in AUD A$0.05
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 Ovato.

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

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

= 0.05 ÷ -0.16

-0.32x

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

  • Ovato is loss making, we can't compare its value to the AU Commercial Services industry average.
  • Ovato is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Ovato's expected growth come at a high price?
Raw Data
ASX:OVT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.32x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
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 Ovato, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Ovato's assets?
Raw Data
ASX:OVT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in AUD A$0.19
ASX:OVT Share Price * ASX (2019-11-15) in AUD A$0.05
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:OVT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.05 ÷ 0.19

0.26x

* Primary Listing of Ovato.

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

  • Ovato is good value based on assets compared to the AU Commercial Services industry average.
X
Value checks
We assess Ovato'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. Ovato has a total score of 1/6, 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.

Future Performance

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

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ovato has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
11%
Expected Commercial Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Ovato expected to grow at an attractive rate?
  • Unable to compare Ovato's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Ovato's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Ovato's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:OVT Future Growth Rates Data Sources
Data Point Source Value (per year)
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:OVT 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:OVT Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
ASX:OVT Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2019-06-30 669 -19 -84
2019-03-31 682 -8 -60
2018-12-31 695 3 -35
2018-09-30 715 -1 -39
2018-06-30 734 -6 -44
2018-03-31 740 -15 -88
2017-12-31 745 -23 -131
2017-09-30 674 -18 -129
2017-06-30 603 -13 -126
2017-03-31 647 1 -71
2016-12-31 691 15 -16
2016-09-30 755 23 -8

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Ovato is high growth as no earnings estimate data is available.
  • Unable to determine if Ovato 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:OVT 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 Ovato Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:OVT Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
ASX:OVT Past Financials Data
Date (Data in AUD Millions) EPS *
2019-06-30 -0.16
2019-03-31 -0.12
2018-12-31 -0.07
2018-09-30 -0.08
2018-06-30 -0.09
2018-03-31 -0.18
2017-12-31 -0.28
2017-09-30 -0.30
2017-06-30 -0.33
2017-03-31 -0.20
2016-12-31 -0.05
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 Ovato will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Ovato's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Ovato's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Commercial Services companies here
  3. Ovato's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Ovato'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.
Ovato has a total score of 0/6, 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.

Past Performance

  How has Ovato 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 Ovato'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.
  • Ovato does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Ovato's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Ovato's 1-year growth to the AU Commercial Services industry average as it is not currently profitable.
Earnings and Revenue History
Ovato'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 Ovato Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:OVT Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 669.28 -84.25 280.60
2019-03-31 682.28 -59.69 285.35
2018-12-31 695.27 -35.12 290.11
2018-09-30 714.64 -39.46 297.89
2018-06-30 734.01 -43.80 305.66
2018-03-31 739.71 -87.63 306.01
2017-12-31 745.41 -131.46 306.36
2017-09-30 674.07 -128.95 282.75
2017-06-30 602.73 -126.43 259.13
2017-03-31 646.96 -71.26 243.32
2016-12-31 691.18 -16.10 227.52
2016-09-30 754.95 -7.96 230.01
2016-06-30 818.72 0.19 232.50
2016-03-31 797.60 2.82 236.70
2015-12-31 776.48 5.45 240.90
2015-09-30 795.13 6.72 241.45
2015-06-30 813.77 7.99 242.00
2015-03-31 838.35 7.47 244.29
2014-12-31 862.93 6.95 246.58
2014-09-30 881.07 5.17 248.85
2014-06-30 899.22 3.40 251.13
2014-03-31 907.83 -20.87 257.44
2013-12-31 916.45 -45.14 263.75
2013-09-30 946.13 -57.66 271.53
2013-06-30 975.81 -70.17 279.32
2013-03-31 1,006.62 -61.77 284.31
2012-12-31 1,037.42 -53.37 289.30

*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 Ovato has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Ovato 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 Ovato 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 Ovato'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.
Ovato 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.

Health

 How is Ovato'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 Ovato's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ovato is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Ovato's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Ovato'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.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.8x 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 Ovato Company Filings, last reported 4 months ago.

ASX:OVT Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 141.87 82.98 39.39
2019-03-31 141.87 82.98 39.39
2018-12-31 199.75 84.85 45.03
2018-09-30 199.75 84.85 45.03
2018-06-30 210.44 88.69 54.90
2018-03-31 210.44 88.69 54.90
2017-12-31 233.78 75.09 41.88
2017-09-30 233.78 75.09 41.88
2017-06-30 255.05 73.50 54.60
2017-03-31 255.05 73.50 54.60
2016-12-31 238.85 52.88 43.06
2016-09-30 238.85 52.88 43.06
2016-06-30 259.42 54.51 54.30
2016-03-31 259.42 54.51 54.30
2015-12-31 267.00 58.10 44.52
2015-09-30 267.00 58.10 44.52
2015-06-30 270.54 66.79 49.59
2015-03-31 270.54 66.79 49.59
2014-12-31 274.99 78.96 34.70
2014-09-30 274.99 78.96 34.70
2014-06-30 264.79 84.14 28.75
2014-03-31 264.79 84.14 28.75
2013-12-31 262.51 107.58 21.35
2013-09-30 262.51 107.58 21.35
2013-06-30 258.62 114.98 21.21
2013-03-31 258.62 114.98 21.21
2012-12-31 298.54 161.80 23.94
  • Ovato's level of debt (58.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (31.7% vs 58.5% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Ovato has sufficient cash runway for 1.4 years based on current free cash flow.
  • Ovato has sufficient cash runway for 1.3 years if free cash flow continues to grow at historical rates of 79.4% each year.
X
Financial health checks
We assess Ovato'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. Ovato has a total score of 4/6, 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.

Dividends

 What is Ovato'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
0%
Current annual income from Ovato dividends.
If you bought A$2,000 of Ovato shares you are expected to receive A$0 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?
  • Unable to evaluate Ovato's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Ovato's dividend against the top 25% market benchmark as the company has not reported any payouts.
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:OVT 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:OVT Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
ASX:OVT Past Annualized Dividends Data
Date (Data in A$) Dividend per share (annual) Avg. Yield (%)
2018-02-26 0.000 0.000
2017-09-21 0.000 0.000
2017-08-28 0.000 0.000
2016-08-29 0.048 6.877
2016-02-22 0.024 4.447
2015-09-23 0.018 3.632
2015-08-24 0.018 3.337
2013-09-20 0.000 0.000
2013-08-27 0.000 0.000
2013-02-26 0.000 0.000
2012-09-24 0.000 0.000
2012-08-27 0.000 0.000
2012-02-15 0.020 5.626
2011-08-18 0.010 1.812
2010-08-19 0.010 1.426
2010-02-18 0.000 0.000
2009-09-21 0.000 0.000
2009-08-13 0.000 0.000

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

  • Unable to perform a dividend volatility check as Ovato has not reported any payouts.
  • Unable to verify if Ovato's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Ovato's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Ovato has not reported any payouts.
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 Ovato'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 Ovato afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ovato has a total score of 0/6, see the detailed checks below.


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

Management

 What is the CEO of Ovato'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.
CEO
Kevin Slaven
COMPENSATION A$692,088
TENURE AS CEO 1.9 years
CEO Bio

Mr. Kevin Slaven has been Chief Executive Officer and Managing Director of Ovato Limited since February 27, 2018. Mr. Slaven served as Interim Chief Executive Officer at PMP Limited from December 1, 2017 to February 27, 2018. He served as the Chief Executive Officer of Digital and Distribution at PMP Limited since March 1, 2017. Mr. Slaven served as Chief Executive Officer of IPMG Digital Pty Ltd. since July 2013 and IPMG Pty Limited since July 2013 after originally joining the business in 2000 as CFO and Company Secretary. Prior to that he worked in the chartered accounting profession and then subsequently in key commercial roles, including as Commercial Manager of CSR Timber and CFO of leading IT wholesale distributor Tech Pacific. He has a wealth of experience in commercial roles from a variety of industries. He was Group CEO for the Hannan family owned company, closely working with the Executive Chairman, Board of Directors and shareholders in facilitating the joining of the two companies. He is experienced in uniting and evolving diverse businesses and devotes time to researching new technologies, products and services to grow competitive advantage. He is the Deputy Chair of the Australasian Catalogue Association. Mr. Slaven has been a Director of IPMG Digital Pty Ltd since April 4, 2008. He served as Director of PMP Limited since February 27, 2018. He serves as a Director of IPMG Administration Pty Ltd. He serves as a Director of CompliSpace Pty Limited and is on the board of the Australian Catalogue Association. He is a Graduate member of the Australian Institute of Company Directors and Institute of Chartered Accounts.

CEO Compensation
  • Kevin's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Kevin's remuneration is higher than average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the Ovato management team in years:

1.9
Average Tenure
  • The average tenure for the Ovato management team is less than 2 years, this suggests a new team.
Management Team

Kevin Slaven

TITLE
CEO & MD
COMPENSATION
A$692K
TENURE
1.9 yrs

Geoff Stephenson

TITLE
Chief Financial Officer
COMPENSATION
A$486K
TENURE
9.5 yrs

Simon Ellis

TITLE
Chief Executive Officer of New Zealand
COMPENSATION
A$327K
TENURE
1.9 yrs

James Hannan

TITLE
Chief Operating Officer
TENURE
1.9 yrs

Justin Davies

TITLE
Chief Information Officer
TENURE
1.9 yrs

Alistair Clarkson

TITLE
Company Secretary & General Counsel
COMPENSATION
A$397K
AGE
55
TENURE
10.6 yrs

Brendan Straw

TITLE
Chief Sales Officer
TENURE
1.9 yrs

Brad Loder

TITLE
Chief Corporate Development Officer
TENURE
0.5 yrs

Julia Farrant

TITLE
Chief People Officer
TENURE
1.3 yrs

Christine Di Stasio

TITLE
Executive General Manager of OHSE & Risk
TENURE
2.3 yrs
Board of Directors Tenure

Average tenure of the Ovato board of directors in years:

2.7
Average Tenure
  • The average tenure for the Ovato board of directors is less than 3 years, this suggests a new board.
Board of Directors

Matthew Bickford-Smith

TITLE
Independent Chairman
COMPENSATION
A$215K
AGE
59
TENURE
7 yrs

Dhun Karai

TITLE
Non Executive Director
COMPENSATION
A$109K
TENURE
3.8 yrs

Michael Hannan

TITLE
Non-Executive Director
COMPENSATION
A$95K
TENURE
2.7 yrs

Terry Sinclair

TITLE
Independent Non Executive Director
COMPENSATION
A$96K
TENURE
2.1 yrs

Andrew McMaster

TITLE
Non Executive Director
COMPENSATION
A$67K
TENURE
1.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
13. Jun 19 Buy Richard O'Connor Individual 11. Jun 19 11. Jun 19 1,928,293 A$0.07 A$134,980
13. Jun 19 Buy Lindsay Hannan Individual 11. Jun 19 11. Jun 19 7,788,176 A$0.07 A$545,169
13. Jun 19 Buy Adrian O’Connor Individual 11. Jun 19 11. Jun 19 1,928,293 A$0.07 A$134,980
13. Jun 19 Buy James Hannan Individual 11. Jun 19 11. Jun 19 664,117 A$0.07 A$46,488
13. Jun 19 Buy Michael Hannan Individual 11. Jun 19 11. Jun 19 3,317,476 A$0.07 A$232,222
31. May 19 Buy Lindsay Hannan Individual 02. Apr 19 03. Apr 19 599,570 A$0.09 A$50,511
03. Apr 19 Buy Lindsay Hannan Individual 02. Mar 19 03. Mar 19 599,570 A$0.08 A$50,862
25. Mar 19 Buy Lindsay Hannan Individual 20. Mar 19 20. Mar 19 200,000 A$0.09 A$18,821
18. Mar 19 Sell Lazard Asset Management LLC Company 08. Mar 19 14. Mar 19 -1,638,209 A$0.10 A$-152,873
11. Mar 19 Buy Michael Hannan Individual 07. Mar 19 07. Mar 19 127,817 A$0.09 A$12,106
11. Mar 19 Sell Lazard Asset Management LLC Company 28. Apr 17 07. Mar 19 -5,577,311 A$0.30 A$-1,658,863
11. Dec 18 Buy Kevin Slaven Individual 06. Dec 18 11. Dec 18 243,763 A$0.21 A$51,166
04. Dec 18 Buy Dhun Karai Individual 04. Dec 18 04. Dec 18 20,000 A$0.21 A$4,200
28. Nov 18 Buy Lindsay Hannan Individual 27. Nov 18 27. Nov 18 5,239,343 A$0.18 A$943,075
28. Nov 18 Buy Adrian O’Connor Individual 27. Nov 18 27. Nov 18 3,762,550 A$0.18 A$677,254
28. Nov 18 Buy James Hannan Individual 27. Nov 18 27. Nov 18 647,455 A$0.18 A$116,542
28. Nov 18 Buy Michael Hannan Individual 27. Nov 18 27. Nov 18 3,237,275 A$0.18 A$582,705
19. Nov 18 Buy Lindsay Hannan Individual 15. Nov 18 19. Nov 18 260,163 A$0.18 A$46,899
X
Management checks
We assess Ovato'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. Ovato 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.

News

Simply Wall St News

Company Info

Description

Ovato Limited provides marketing, digital premedia, commercial printing, letterbox delivery, and magazine distribution services in Australia and New Zealand. The company prints and distributes catalogues, magazines, books, brochures and flyers, stationery, newspapers, directories, packaging, and point of sale products. It is also involved in production activities, which include photography and video, advertising production system, post production, and pre-media; and agency activities, such as communications, strategy, creative direction and design, and digital and technology solutions. The company was formerly known as PMP Limited and changed its name to Ovato Limited in February 2019. Ovato Limited was incorporated in 1990 and is headquartered in Pyrmont, Australia.

Details
Name: Ovato Limited
OVT
Exchange: ASX
Founded: 1990
A$37,332,220
732,004,317
Website: http://www.ovato.com.au
Address: Ovato Limited
60 Union Street,
Level 4,
Pyrmont,
New South Wales, 2009,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX OVT Ordinary Shares Australian Securities Exchange AU AUD 02. Jan 1992
CHIA OVT Ordinary Shares Chi-X Australia AU AUD 02. Jan 1992
Number of employees
Current staff
Staff numbers
1,698
Ovato employees.
Industry
Commercial Printing
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/15 10:32
End of day share price update: 2019/11/15 00:00
Last estimates confirmation: 2018/08/29
Last earnings filing: 2019/09/29
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.