Loading...

You're on the old version of Simply Wall St. We will no longer be supporting this site, so we recommend you switch to our brand new platform.

NGE Capital

DB:TTU
Snowflake Description

Undervalued with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TTU
DB
A$15M
Market Cap
  1. Home
  2. DE
  3. Diversified Financials
Company description

NGE Capital Limited operates as an investment company in Australia. The last earnings update was 34 days ago. More info.


Add to Portfolio Compare Print
  • NGE Capital is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
  • NGE Capital has significant price volatility in the past 3 months.
TTU Share Price and Events
7 Day Returns
9.5%
DB:TTU
3%
DE Capital Markets
2.2%
DE Market
1 Year Returns
-57.9%
DB:TTU
-6.9%
DE Capital Markets
-17.2%
DE Market
TTU Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
NGE Capital (TTU) 9.5% -39.1% -53.3% -57.9% -27.6% -69.3%
DE Capital Markets 3% -17.7% -13.1% -6.9% -24.7% -54.9%
DE Market 2.2% -15.7% -24% -17.2% -23.3% -27.8%
1 Year Return vs Industry and Market
  • TTU underperformed the Capital Markets industry which returned -6.9% over the past year.
  • TTU underperformed the Market in Germany which returned -17.2% over the past year.
Price Volatility
TTU
Industry
5yr Volatility vs Market

Value

 Is NGE Capital 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 NGE Capital 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 NGE Capital.

DB:TTU Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= A$0.79 * 11.6%
A$0.09
Book Value of Equity per Share Median Book Value from the past 5 years. A$0.79
Discount Rate (Cost of Equity) See below 4.6%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

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 DB:TTU
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Capital Markets Unlevered Beta Simply Wall St/ S&P Global 0.75
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.753 (1 + (1- 30%) (20.92%))
0.908
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.91
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (0.908 * 5.44%)
4.55%

Discounted Cash Flow Calculation for DB:TTU using Excess Returns Model Model

The calculations below outline how an intrinsic value for NGE Capital is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

DB:TTU Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (11.6% – 4.55%) * A$0.79)
A$0.06
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= A$0.06 / (4.55% - -0.39%)
A$1.11
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= A$0.79 + A$1.11
A$1.9
DB:TTU Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:TTU represents 0.46x of ASX:NGE
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.46x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (AUD) x Listing Adjustment Factor
= A$ 1.90 x 0.46
€0.87
Value per share (EUR) From above. €0.87
Current discount Discount to share price of €0.18
= -1 x (€0.18 - €0.87) / €0.87
78.9%

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

Current Discount
Amount off the current price NGE Capital is available for.
Intrinsic value
>50%
Share price is €0.184 vs Future cash flow value of €0.87361
Current Discount Checks
For NGE Capital to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • NGE Capital's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • NGE Capital'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 NGE Capital's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are NGE Capital's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:TTU PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in AUD A$0.09
ASX:NGE Share Price ** ASX (2020-04-01) in AUD A$0.4
Germany Capital Markets Industry PE Ratio Median Figure of 16 Publicly-Listed Capital Markets Companies 22.55x
Germany Market PE Ratio Median Figure of 398 Publicly-Listed Companies 16.76x

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

** Primary Listing of NGE Capital.

DB:TTU PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 0.4 ÷ 0.09

4.66x

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

  • NGE Capital is good value based on earnings compared to the DE Capital Markets industry average.
  • NGE Capital is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does NGE Capital's expected growth come at a high price?
Raw Data
DB:TTU PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 4.66x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Germany Capital Markets Industry PEG Ratio Median Figure of 6 Publicly-Listed Capital Markets Companies 1.59x
Germany Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.18x

*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 NGE Capital, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on NGE Capital's assets?
Raw Data
DB:TTU PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in AUD A$0.91
ASX:NGE Share Price * ASX (2020-04-01) in AUD A$0.4
Germany Capital Markets Industry PB Ratio Median Figure of 31 Publicly-Listed Capital Markets Companies 1.5x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.44x
DB:TTU PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.4 ÷ 0.91

0.44x

* Primary Listing of NGE Capital.

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

  • NGE Capital is good value based on assets compared to the DE Capital Markets industry average.
X
Value checks
We assess NGE Capital'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 Capital Markets 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 Capital Markets industry average (and greater than 0)? (1 check)
  5. NGE Capital has a total score of 5/6, 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 NGE Capital 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 NGE Capital 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
39.4%
Expected Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is NGE Capital expected to grow at an attractive rate?
  • Unable to compare NGE Capital's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare NGE Capital's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare NGE Capital's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:TTU Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 39.4%
Germany Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 0.8%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.5%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*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
DB:TTU Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 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.
DB:TTU Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2019-12-31 0 -2 3
2019-09-30 -3 0 1
2019-06-30 -7 1 0
2019-03-31 -3 -1 3
2018-12-31 0 -3 7
2018-06-30 3 -9 7
2018-03-31 2 -8 6
2017-12-31 1 -8 5
2017-06-30 4 -3 5
2017-03-31 2 -4 3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if NGE Capital is high growth as no earnings estimate data is available.
  • Unable to determine if NGE Capital 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
DB:TTU 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 0 Analyst Estimates (S&P Global) See Below

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

DB:TTU Past Financials Data
Date (Data in AUD Millions) EPS *
2019-12-31 0.09
2019-09-30 0.04
2019-06-30 -0.01
2019-03-31 0.09
2018-12-31 0.19
2018-06-30 0.20
2018-03-31 0.16
2017-12-31 0.13
2017-06-30 0.13
2017-03-31 0.08

*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 NGE Capital will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether NGE Capital is trading at NGE Capital'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. NGE Capital'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 Diversified Financials companies here
  3. NGE Capital'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 NGE Capital'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 Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany 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.
NGE Capital 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 NGE Capital 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 NGE Capital's growth in the last year to its industry (Capital Markets).
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.
  • NGE Capital has delivered over 20% year on year earnings growth in the past 5 years.
  • NGE Capital's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • NGE Capital's 1-year earnings growth is negative, it can't be compared to the DE Capital Markets industry average.
Earnings and Revenue History
NGE Capital'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 NGE Capital Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:TTU 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 0.38 3.19 0.88
2019-09-30 -3.42 1.46 0.70
2019-06-30 -7.21 -0.28 0.53
2019-03-31 -3.45 3.38 0.74
2018-12-31 0.31 7.03 0.96
2018-06-30 3.48 7.36 1.20
2018-03-31 2.11 6.12 1.01
2017-12-31 0.74 4.89 0.83
2017-06-30 4.30 5.14 0.71
2017-03-31 2.32 2.99 0.62
2016-12-31 0.34 0.85 0.54
2016-06-30 0.34 -5.97 -0.20
2016-03-31 0.25 -3.70 0.08
2015-12-31 0.16 -1.44 0.37
2015-09-30 1.21 -14.96 0.97
2015-06-30 1.20 5.85 1.02
2015-03-31 1.20 -0.59 0.88
2014-12-31 1.20 -7.03 0.75
2014-09-30 0.90 -13.13 0.80
2014-06-30 0.59 -19.24 0.84
2014-03-31 0.86 -15.53 0.81
2013-12-31 1.13 -11.83 0.78
2013-09-30 1.05 -2.54 0.86
2013-06-30 0.97 6.75 0.95

*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.
  • NGE Capital has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • NGE Capital used its assets more efficiently than the DE Capital Markets industry average last year based on Return on Assets.
  • It is difficult to establish if NGE Capital 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 NGE Capital'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 Capital Markets 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.
NGE Capital has a total score of 2/6, 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 NGE Capital'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 NGE Capital's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • NGE Capital is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • NGE Capital's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of NGE Capital'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 11.7x 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 NGE Capital Company Filings, last reported 3 months ago.

DB:TTU Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 33.69 3.00 34.70
2019-09-30 33.69 3.00 34.70
2019-06-30 29.25 3.00 30.83
2019-03-31 29.25 3.00 30.83
2018-12-31 30.50 0.00 28.87
2018-06-30 29.61 0.00 29.90
2018-03-31 29.61 0.00 29.90
2017-12-31 23.63 0.00 23.96
2017-06-30 22.52 0.00 25.49
2017-03-31 22.52 0.00 25.49
2016-12-31 20.60 0.00 20.44
2016-06-30 19.32 0.00 19.36
2016-03-31 19.32 0.00 19.36
2015-12-31 20.19 0.00 20.30
2015-09-30 20.19 0.00 20.30
2015-06-30 59.87 0.00 19.03
2015-03-31 59.87 0.00 19.03
2014-12-31 56.05 22.67 1.03
2014-09-30 56.05 22.67 1.03
2014-06-30 53.88 21.72 1.05
2014-03-31 53.88 21.72 1.05
2013-12-31 62.89 20.81 3.67
2013-09-30 62.89 20.81 3.67
2013-06-30 73.03 19.99 7.38
  • NGE Capital's level of debt (8.9%) 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 (40% vs 8.9% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on NGE Capital's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess NGE Capital'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. NGE Capital 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 NGE Capital'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 NGE Capital dividends.
If you bought €2,000 of NGE Capital shares you are expected to receive €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 NGE Capital's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate NGE Capital'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
DB:TTU 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
Germany Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 3.2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 322 Stocks 3.8%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.6%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

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

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

  • Unable to perform a dividend volatility check as NGE Capital has not reported any payouts.
  • Unable to verify if NGE Capital's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of NGE Capital's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as NGE Capital 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 NGE Capital's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - 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 NGE Capital afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. NGE Capital 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 NGE Capital'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
Michael Arnett
COMPENSATION A$301,040
AGE 57
TENURE AS CEO 6 years
CEO Bio

Mr. Michael Norman Arnett, B.Com., LL.B., has been Chief Executive Officer of New Guinea Energy Limited since April 30, 2014. Mr. Arnett serves as an Executive Director of Queensland Energy Resources Limited. He serves as Executive Chairman at New Guinea Energy Limited. He is Director of Archipelago Metals Limited. Mr. Arnett has over 25 years of experience as a Lawyer, Corporate Adviser and Director of professional service firms and publicly listed companies. He has extensive board and management experience in natural resources and professional services organisations, with significant experience in the corporate, commercial, mining and natural resources, banking, finance and securities sectors. He served as a Consultant of Norton Rose Australia (formerly, Deacons/Norton Rose), an international law firm. Mr. Arnett served as the Chief Executive Officer of New Guinea Energy Limited from May 4, 2009 to June 2011. He was a Partner and served as Chief Operating Officer and National Head of the Natural Resources Business Unit of international law firm, Deacons. He spent the past 20 years practicing as a lawyer in the areas of corporate, mining and commercial law. He has been involved in significant corporate and commercial legal work for the resource industry for over 20 years. He acts for a number of junior and major exploration and mining companies with operations in Australia, Asia and Africa. He has been the Chairman of NRW Holdings Limited since March 9, 2016. He served as the Non-Executive Chairman of New Guinea Energy Limited since June 30, 2012 and served as its Executive Chairman from May 4, 2009 to June 30, 2012 and also served as its Non-Executive Chairman since April 1, 2009. Mr. Arnett served as Non Executive Chairman of Anzon Energy Pty Limited (alternate name, Anzon Energy Limited) from April 04, 2007 to September 2008. He served as Non-Executive Director of Kogi Iron Limited since September 2018 until November 27, 2018. He served as Non Executive Chairman of Aztec Resources Limited from December 13, 2006 to 2007. He served as the Deputy Chairman of SGH Energy Pty Limited until October 31, 2012. He serves as a Non Executive Director of Pathfinder Energy Pty Ltd. He has been a Director of New Guinea Energy Ltd since April 1, 2009 and The Queensland Bulk Water Supply Authority since January 1, 2013. He has been a Non-executive Director of NRW Holdings Limited since July 27, 2007 and Bridgeport Energy Limited since June 2009. Mr. Arnett serves as a Director of UnityWater, Queensland Rugby Union Limited. He served as a Director of Archipelago Resources PLC from 2002 to October 6, 2010. He served as an Independent Non Executive Director of Agrimin Limited (alternate name, Global Resources Corporation Limited) from June 22, 2007 to December 9, 2011. He served as a Director of Red Sky Energy Limited (Australia) from February 22, 2007 to February 18, 2009. He served as a Non Executive Director of SGH Energy Pty Limited from May 28, 2009 to October 31, 2012; Roc Oil (Vic) Pty Limited from December 18, 2003 to September 2008; Anzon Energy Pty Limited from January 30, 2002 to September 2008; Anzon Australia Pty Limited from December 18, 2003 to September 2008; Axiom Mining Limited from July 20, 2006 to April 30, 2007; Artemis Resources Limited from June 28, 2006 to October 19, 2006 and Aztec Resources Limited from April 20, 2004 to 2007. He served as a Director at Kids Campus Limited from December 21, 1999 to May 29, 2006 and Bambuu Ltd. since December 21, 1999 and South East Queensland Water Corporation Pty Limited. Mr. Arnett holds Bachelor of Commerce and Bachelor of Law degrees from the University of New South Wales, Australia.

CEO Compensation
  • Michael's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
  • Michael's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure of the NGE Capital management team in years:

3.2
Average Tenure
  • The tenure for the NGE Capital management team is about average.
Management Team

David Lamm

TITLE
Executive Chairman & Chief Investment Officer
COMPENSATION
A$454K
TENURE
2.6 yrs

Leslie Smith

TITLE
CFO & Secretary
COMPENSATION
A$169K
TENURE
3.8 yrs

Adam Saunders

TITLE
Portfolio Manager & Executive Director
COMPENSATION
A$250K
TENURE
2.6 yrs

Michael Arnett

TITLE
Chief Executive Officer
COMPENSATION
A$301K
AGE
57
TENURE
6 yrs

Francis Waina

TITLE
Exploration Manager
Board of Directors Tenure

Average tenure of the NGE Capital board of directors in years:

4.2
Average Tenure
  • The tenure for the NGE Capital board of directors is about average.
Board of Directors

David Lamm

TITLE
Executive Chairman & Chief Investment Officer
COMPENSATION
A$454K
TENURE
4.2 yrs

Adam Saunders

TITLE
Portfolio Manager & Executive Director
COMPENSATION
A$250K
TENURE
4.8 yrs

Ilan Rimer

TITLE
Non-Executive Director
COMPENSATION
A$25K
TENURE
2.7 yrs
Who owns this company?
Recent Insider Trading
  • Information is not available.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
15. Jan 20 Sell David Lamm Individual 13. Jan 20 13. Jan 20 -2,950,000 €0.40 €-1,167,518
15. Jan 20 Buy David Lamm Individual 13. Jan 20 13. Jan 20 2,950,000 €0.40 €1,167,518
16. Sep 19 Buy David Lamm Individual 12. Sep 19 12. Sep 19 8,139 €0.39 €3,192
11. Sep 19 Buy David Lamm Individual 06. Sep 19 06. Sep 19 348,899 €0.39 €136,465
09. Sep 19 Buy Danny Lamm Individual 05. Sep 19 05. Sep 19 325,000 €0.38 €124,405
06. Sep 19 Buy David Lamm Individual 03. Sep 19 03. Sep 19 278,691 €0.37 €103,843
06. Sep 19 Sell Kentgrove Capital Pty Ltd Company 03. Sep 19 03. Sep 19 -7,452,539 €0.37 €-2,776,887
X
Management checks
We assess NGE Capital'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. NGE Capital 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

NGE Capital Limited operates as an investment company in Australia. It invests in listed and unlisted securities. The company was formerly known as New Guinea Energy Limited and changed its name to NGE Capital Limited in June 2017. NGE Capital Limited was founded in 2005 and is based in Melbourne, Australia.

Details
Name: NGE Capital Limited
TTU
Exchange: DB
Founded: 2005
A$8,305,663
37,159,784
Website: http://ngecapital.com.au
Address: NGE Capital Limited
North Building,
Level 4,
Melbourne,
Victoria, 3000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX NGE Ordinary Shares Australian Securities Exchange AU AUD 28. Dec 2007
OTCPK NGEL.F Ordinary Shares Pink Sheets LLC US USD 28. Dec 2007
DB TTU Ordinary Shares Deutsche Boerse AG DE EUR 28. Dec 2007
CHIA NGE Ordinary Shares Chi-X Australia AU AUD 28. Dec 2007
Number of employees
Current staff
Staff numbers
0
NGE Capital employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/02 02:19
End of day share price update: 2020/04/01 00:00
Last earnings filing: 2020/02/28
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


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.