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Uniti Group

ASX:UWL
Snowflake Description

Excellent balance sheet with high growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
UWL
ASX
A$364M
Market Cap
  1. Home
  2. AU
  3. Telecom
Company description

Uniti Group Limited provides Internet, and associated telecommunications products and services in Australia. The last earnings update was 40 days ago. More info.


Add to Portfolio Compare Print
  • Uniti Group has significant price volatility in the past 3 months.
UWL Share Price and Events
7 Day Returns
10.3%
ASX:UWL
1.3%
AU Telecom
1.1%
AU Market
1 Year Returns
99.1%
ASX:UWL
-3.8%
AU Telecom
-18.9%
AU Market
UWL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Uniti Group (UWL) 10.3% -8.9% -31.8% 99.1% - -
AU Telecom 1.3% -9.7% -10.1% -3.8% -27.5% -46.7%
AU Market 1.1% -20.8% -25% -18.9% -16% -16.4%
1 Year Return vs Industry and Market
  • UWL outperformed the Telecom industry which returned -3.8% over the past year.
  • UWL outperformed the Market in Australia which returned -18.9% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Uniti Group 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 Uniti Group 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 Uniti Group.

ASX:UWL Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 3 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 5.4%
Perpetual Growth Rate 10-Year AU Government Bond Rate 1.1%

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:UWL
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year AU Govt Bond Rate 1.1%
Equity Risk Premium S&P Global 5.4%
Telecom Unlevered Beta Simply Wall St/ S&P Global 0.36
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.358 (1 + (1- 30%) (2.45%))
0.574
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)
= 1.08% + (0.8 * 5.44%)
5.43%

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

The calculations below outline how an intrinsic value for Uniti Group 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:UWL DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (AUD, Millions) Source Present Value
Discounted (@ 5.43%)
2020 9.30 Analyst x1 8.82
2021 14.70 Analyst x1 13.22
2022 30.80 Analyst x1 26.28
2023 44.95 Est @ 45.93% 36.37
2024 59.54 Est @ 32.47% 45.70
2025 73.27 Est @ 23.05% 53.34
2026 85.33 Est @ 16.46% 58.92
2027 95.44 Est @ 11.85% 62.51
2028 103.66 Est @ 8.62% 64.40
2029 110.25 Est @ 6.36% 64.96
Present value of next 10 years cash flows A$434.00
ASX:UWL DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= A$110.25 × (1 + 1.08%) ÷ (5.43% – 1.08%)
A$2,560.71
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= A$2,560.71 ÷ (1 + 5.43%)10
A$1,508.81
ASX:UWL Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= A$434.00 + A$1,508.81
A$1,942.81
Equity Value per Share
(AUD)
= Total value / Shares Outstanding
= A$1,942.81 / 323.76
A$6
ASX:UWL Discount to Share Price
Calculation Result
Value per share (AUD) From above. A$6.00
Current discount Discount to share price of A$1.13
= -1 x (A$1.13 - A$6.00) / A$6.00
81.3%

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

Current Discount
Amount off the current price Uniti Group is available for.
Intrinsic value
>50%
Share price is A$1.13 vs Future cash flow value of A$6
Current Discount Checks
For Uniti Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Uniti Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Uniti Group'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 Uniti Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Uniti Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:UWL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in AUD A$-0.01
ASX:UWL Share Price ** ASX (2020-04-03) in AUD A$1.13
Australia Telecom Industry PE Ratio Median Figure of 6 Publicly-Listed Telecom Companies 26.88x
Australia Market PE Ratio Median Figure of 515 Publicly-Listed Companies 13.28x

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

** Primary Listing of Uniti Group.

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

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

= 1.13 ÷ -0.01

-191.98x

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

  • Uniti Group is loss making, we can't compare its value to the AU Telecom industry average.
  • Uniti Group is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Uniti Group's expected growth come at a high price?
Raw Data
ASX:UWL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -191.98x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
56.7%per year
Australia Telecom Industry PEG Ratio Median Figure of 6 Publicly-Listed Telecom Companies 1.28x
Australia Market PEG Ratio Median Figure of 337 Publicly-Listed Companies 1.04x

*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 Uniti Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Uniti Group's assets?
Raw Data
ASX:UWL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in AUD A$0.80
ASX:UWL Share Price * ASX (2020-04-03) in AUD A$1.13
Australia Telecom Industry PB Ratio Median Figure of 14 Publicly-Listed Telecom Companies 2.02x
Australia Market PB Ratio Median Figure of 1,614 Publicly-Listed Companies 1.23x
ASX:UWL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 1.13 ÷ 0.80

1.4x

* Primary Listing of Uniti Group.

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

  • Uniti Group is good value based on assets compared to the AU Telecom industry average.
X
Value checks
We assess Uniti Group'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 Telecom 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 Telecom industry average (and greater than 0)? (1 check)
  5. Uniti Group 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.

Future Performance

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

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
56.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Uniti Group expected to grow at an attractive rate?
  • Uniti Group's earnings growth is expected to exceed the low risk savings rate of 1.1%.
Growth vs Market Checks
  • Uniti Group's earnings growth is expected to exceed the Australia market average.
  • Uniti Group's revenue growth is expected to exceed the Australia market average.
Annual Growth Rates Comparison
Raw Data
ASX:UWL Future Growth Rates Data Sources
Data Point Source Value (per year)
ASX:UWL Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 56.7%
ASX:UWL Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 28.8%
Australia Telecom Industry Earnings Growth Rate Market Cap Weighted Average -0.1%
Australia Telecom Industry Revenue Growth Rate Market Cap Weighted Average 0.8%
Australia Market Earnings Growth Rate Market Cap Weighted Average 10.1%
Australia Market Revenue Growth Rate Market Cap Weighted Average 4%

*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:UWL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:UWL Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-06-30 93 39 27 3
2021-06-30 82 30 22 3
2020-06-30 61 20 14 3
2020-04-03
ASX:UWL Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2019-12-31 33 6 -1
2019-09-30 24 3 -7
2019-06-30 14 0 -14
2019-03-31 10 -2 -12
2018-12-31 5 -4 -10
2018-09-30 5 -3 -7
2018-06-30 4 -2 -5
2017-06-30 2 -1 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Uniti Group's earnings are expected to grow significantly at over 20% yearly.
  • Uniti Group's revenue is expected to grow significantly at over 20% yearly.
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:UWL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from Uniti Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:UWL Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-06-30 0.08 0.08 0.08 1.00
2021-06-30 0.07 0.07 0.07 1.00
2020-06-30 0.04 0.04 0.04 1.00
2020-04-03
ASX:UWL Past Financials Data
Date (Data in AUD Millions) EPS *
2019-12-31 -0.01
2019-09-30 -0.05
2019-06-30 -0.12
2019-03-31 -0.15
2018-12-31 -0.22
2018-09-30 -0.17
2018-06-30 -0.12
2017-06-30

*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.
  • Uniti Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Uniti Group'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.
Uniti Group has a total score of 5/6, 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 Uniti Group 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 Uniti Group's growth in the last year to its industry (Telecom).
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.
  • Uniti Group does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Uniti Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Uniti Group's 1-year growth to the AU Telecom industry average as it is not currently profitable.
Earnings and Revenue History
Uniti Group'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 Uniti Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:UWL Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 33.32 -1.20
2019-09-30 23.83 -7.36
2019-06-30 14.34 -13.53
2019-03-31 9.91 -11.72 0.79
2018-12-31 5.48 -9.92 -0.44
2018-09-30 4.79 -7.36 -0.22
2018-06-30 4.10 -4.80
2017-06-30 1.93 -2.35 0.55
2016-06-30 0.79 -0.64 0.76

*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 Uniti Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Uniti Group has efficiently used its assets last year compared to the AU Telecom industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Uniti Group 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 Uniti Group'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 Telecom 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.
Uniti Group 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 Uniti Group'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 Uniti Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Uniti Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Uniti Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Uniti Group'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 20.3x 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 Uniti Group Company Filings, last reported 3 months ago.

ASX:UWL Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 259.73 2.10 35.56
2019-09-30 259.73 2.10 35.56
2019-06-30 25.87 2.48 19.16
2019-03-31 25.87 2.48 19.16
2018-12-31 -0.99 6.06 1.02
2018-09-30 -0.99 6.06 1.02
2018-06-30 3.33 0.36 0.87
2017-06-30 1.61 0.26 0.53
2016-06-30
  • Uniti Group's level of debt (0.8%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Uniti Group's debt level has increased without past 5-year debt data.
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.

  • Whilst loss making Uniti Group has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Uniti Group has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -19.7% per year.
X
Financial health checks
We assess Uniti Group'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. Uniti Group 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.

Dividends

 What is Uniti Group'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 Uniti Group dividends.
If you bought A$2,000 of Uniti Group 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 Uniti Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Uniti Group'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:UWL 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 3 Analyst Estimates (S&P Global) See Below
Australia Telecom Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 4.4%
Australia Market Average Dividend Yield Market Cap Weighted Average of 370 Stocks 5.5%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.7%
Australia Bottom 25% Dividend Yield 25th Percentile 3.2%
Australia Top 25% Dividend Yield 75th Percentile 8%

Industry and Market average data is calculated daily.

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

ASX:UWL Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
2022-06-30
2021-06-30
2020-06-30
2020-04-03

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

  • Unable to perform a dividend volatility check as Uniti Group has not reported any payouts.
  • Unable to verify if Uniti Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Uniti Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Uniti Group 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 Uniti Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.7%) - 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 Uniti Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Uniti Group 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 Uniti Group'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
Mick Simmons
TENURE AS CEO 1.5 years
CEO Bio

Mr. Michael Simmons, also known as Mick, B. Comm, FCPA, and ACIS, is Group Managing Director & Chief Executive Officer at Uniti Wireless Limited since October 15, 2018 and its Director since June 5, 2019. Mr. Simmons has been a Director at Aggregato Global Limited since July 2015. He served as Interim Group CEO at Vocus Group Limited since February 26, 2018 until May 28, 2018 and served as its Chief Executive of Wholesale & International Division since January 15, 2018 until February 26, 2018. He led Government business unit of Vocus. Mr. Simmons served as Chief Executive of Enterprise & Wholesale at Vocus Group Limited from March 29, 2017 to January 15, 2018. Mr. Simmons served as Executive Director of Corporate & Wholesale Australia at Vocus Group Limited (also known as Vocus Communications Limited) since January 2017 until March 29, 2017. Mr. Simmons served as the Chief Financial Officer at NBN Television. Mr. Simmons has ten years of experience in the telecommunications industry. He held executive positions with TPG Telecom Limited (ASX: TPM) and was employed by TPG for in excess of twenty six years, a large proportion of this time as Chief Executive Ofcer of ASX-listed SP Telemedia Limited (“SPT Group”, now known as TPG Telecom Limited, following its acquisition of TPG in 2008) following its listing in 2001. He served as Managing Director of National Broadband Network ('NBN') bid syndicate at Teria Pty Ltd. In 2008, he left TPG Telecom to become the Managing Director of TERRiA. He was a Non-Executive Director of M2 Group Ltd. (formerly known as M2 Telecommunications Group Ltd.) since 2008. He served as an Executive Director of Vocus Communications Limited since February 22, 2016 until March 29, 2017. Mr. Simmons holds Bachelor of Commerce from Newcastle University. He is a Certified Public Accountant, Australia, an Associate Member of the Chartered Institute of Chartered Secretaries and Administrators.

CEO Compensation
  • Insufficient data for Mick to compare compensation growth.
  • Insufficient data for Mick to establish whether their remuneration is reasonable compared to companies of similar size in Australia.
Management Team

Mick Simmons

TITLE
Group MD
TENURE
1.5 yrs

Darryl Inns

TITLE
Chief Financial Officer
TENURE
1 yrs

Ashe-Lee Jegathesan

TITLE
COO & Company Secretary

Vaughan Bowen

TITLE
Executive Director

Jordan Grives

TITLE
Chief Executive Officer of Specialty Services

Kurt Magner

TITLE
Chief Strategic Projects & Products
Board of Directors Tenure

Average tenure of the Uniti Group board of directors in years:

1.5
Average Tenure
  • The average tenure for the Uniti Group board of directors is less than 3 years, this suggests a new board.
Board of Directors

Graeme Rodger Barclay

TITLE
Independent Non-Executive Chairman

Mick Simmons

TITLE
Group MD
TENURE
0.8 yrs

Vaughan Bowen

TITLE
Executive Director
TENURE
1.1 yrs

John Lindsay

TITLE
Independent Non-Executive Director
TENURE
1.9 yrs

Kathy Gramp

TITLE
Independent Non-Executive Director
AGE
60
TENURE
1.9 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. Mar 20 Buy Perennial Value Management Limited Company 22. Nov 19 13. Mar 20 12,442,639 A$1.48 A$18,438,736
22. Sep 19 Buy Vaughan Bowen Individual 20. Sep 19 20. Sep 19 2,779,556 A$1.20 A$3,335,468
23. Sep 19 Buy Retrella Pty Ltd Company 13. Sep 19 13. Sep 19 10,638 A$1.37 A$14,571
23. Sep 19 Sell Cornish Group Investments Pty. Ltd. Company 21. Aug 19 11. Sep 19 -1,744,681 A$1.43 A$-2,266,360
17. Jun 19 Buy Vaughan Bowen Individual 11. Jun 19 14. Jun 19 3,187,726 A$0.49 A$1,552,965
05. Jun 19 Buy Retrella Pty Ltd Company 04. Jun 19 04. Jun 19 1,000,000 A$1.00 A$999,999
05. Jun 19 Sell Cornish Group Investments Pty. Ltd. Company 04. Jun 19 04. Jun 19 -1,000,000 A$1.00 A$-999,999
05. Jun 19 Buy Cornish Group Investments Pty. Ltd. Company 04. Jun 19 04. Jun 19 2,000,000 A$1.00 A$1,999,998
21. May 19 Buy Retrella Pty Ltd Company 09. May 19 09. May 19 500,000 A$0.83 A$413,407
21. May 19 Buy Retrella Pty Ltd Company 13. May 19 17. May 19 2,000,000 A$1.05 A$1,909,679
16. May 19 Sell Perennial Value Management Limited Company 14. May 19 14. May 19 -572,915 A$0.91 A$-519,005
01. May 19 Sell Perennial Value Management Limited Company 18. Apr 19 23. Apr 19 -97,741 A$0.56 A$-53,800
01. May 19 Buy Perennial Value Management Limited Company 26. Apr 19 29. Apr 19 140,000 A$0.49 A$68,824
23. Apr 19 Sell Perennial Value Management Limited Company 16. Apr 19 17. Apr 19 -203,184 A$0.57 A$-113,948
17. Apr 19 Sell Perennial Value Management Limited Company 10. Apr 19 15. Apr 19 -1,963,338 A$0.53 A$-1,018,435
17. Apr 19 Sell Viburnum Funds Pty Ltd. Company 03. Apr 19 16. Apr 19 -3,639,607 A$0.55 A$-1,993,311
16. Apr 19 Buy Cornish Group Investments Pty. Ltd. Company 15. Apr 19 15. Apr 19 2,500,000 A$0.54 A$1,340,440
11. Apr 19 Sell Perennial Value Management Limited Company 26. Mar 19 09. Apr 19 -1,322,148 A$0.58 A$-719,677
X
Management checks
We assess Uniti Group'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. Uniti Group 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

Uniti Group Limited provides Internet, and associated telecommunications products and services in Australia. It offers wireless and fixed fiber broadband Internet, and other telecommunications services, as well as wireless communication services, including initial installation of network infrastructure to residential and business customers. The company was formerly known as Uniti Wireless Limited and changed its name to Uniti Group Limited in August 2019. Uniti Group Limited is based in Adelaide, Australia.

Details
Name: Uniti Group Limited
UWL
Exchange: ASX
Founded:
A$364,228,717
323,758,860
Website: http://www.unitiwireless.com
Address: Uniti Group Limited
44 Currie Street,
Level 1,
Adelaide,
South Australia, 5000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX UWL Ordinary Shares Australian Securities Exchange AU AUD 13. Feb 2019
CHIA UWL Ordinary Shares Chi-X Australia AU AUD 13. Feb 2019
ASX UWLAU NPV DFD 27/12/19(EX-RIGHTS) Australian Securities Exchange AU AUD 03. Apr 2020
Number of employees
Current staff
Staff numbers
0
Uniti Group employees.
Industry
Alternative Carriers
Telecom
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/03 14:45
End of day share price update: 2020/04/03 00:00
Last estimates confirmation: 2020/03/22
Last earnings filing: 2020/02/23
Last earnings reported: 2019/12/31
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.