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Alaris Holdings

JSE:ALH
Snowflake Description

Flawless balance sheet with outstanding track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ALH
JSE
ZAR227M
Market Cap
  1. Home
  2. ZA
  3. Capital Goods
Company description

Alaris Holdings Limited designs, manufactures, and sells specialized broadband antennas and other related radio frequency products primarily in South Africa, the Americas, Europe, and Asia. The last earnings update was 7 days ago. More info.


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  • Alaris Holdings has significant price volatility in the past 3 months.
ALH Share Price and Events
7 Day Returns
-3.6%
JSE:ALH
13.3%
Global Aerospace & Defense
10.1%
ZA Market
1 Year Returns
-24.1%
JSE:ALH
-19.4%
Global Aerospace & Defense
-33.6%
ZA Market
ALH Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Alaris Holdings (ALH) -3.6% -12.1% -18.9% -24.1% -5.5% -10%
Global Aerospace & Defense 13.3% -21.3% -27.5% -19.4% -6.3% 8.5%
ZA Market 10.1% -19.3% -29.1% -33.6% -29.1% -31.9%
1 Year Return vs Industry and Market
  • ALH underperformed the Aerospace & Defense industry which returned -19.4% over the past year.
  • ALH outperformed the Market in South Africa which returned -33.6% over the past year.
Price Volatility
ALH
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Alaris Holdings's competitors could be found in our database.

ALH Value

 Is Alaris Holdings 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 Alaris Holdings 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 Alaris Holdings.

JSE:ALH Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 16.1%
Perpetual Growth Rate 10-Year ZA Government Bond Rate 8.6%

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 JSE:ALH
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year ZA Govt Bond Rate 8.6%
Equity Risk Premium S&P Global 8.2%
Aerospace & Defense Unlevered Beta Simply Wall St/ S&P Global 0.85
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.852 (1 + (1- 28%) (3.43%))
0.915
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)
= 8.6% + (0.915 * 8.23%)
16.13%

Discounted Cash Flow Calculation for JSE:ALH using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Alaris Holdings 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.

JSE:ALH DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (ZAR, Millions) Source Present Value
Discounted (@ 16.13%)
2020 84.18 Est @ 23.42% 72.48
2021 100.15 Est @ 18.97% 74.26
2022 116.03 Est @ 15.86% 74.09
2023 131.91 Est @ 13.68% 72.53
2024 147.95 Est @ 12.16% 70.05
2025 164.36 Est @ 11.09% 67.01
2026 181.36 Est @ 10.34% 63.68
2027 199.17 Est @ 9.82% 60.22
2028 218.00 Est @ 9.45% 56.76
2029 238.05 Est @ 9.2% 53.37
Present value of next 10 years cash flows ZAR664.00
JSE:ALH DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= ZAR238.05 × (1 + 8.6%) ÷ (16.13% – 8.6%)
ZAR3,433.98
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ZAR3,433.98 ÷ (1 + 16.13%)10
ZAR769.86
JSE:ALH Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ZAR664.00 + ZAR769.86
ZAR1,433.86
Equity Value per Share
(ZAR)
= Total value / Shares Outstanding
= ZAR1,433.86 / 120.07
ZAR11.94
JSE:ALH Discount to Share Price
Calculation Result
Value per share (ZAR) From above. ZAR11.94
Current discount Discount to share price of ZAR1.89
= -1 x (ZAR1.89 - ZAR11.94) / ZAR11.94
84.2%

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

Current Discount
Amount off the current price Alaris Holdings is available for.
Intrinsic value
>50%
Share price is ZAR1.89 vs Future cash flow value of ZAR11.94
Current Discount Checks
For Alaris Holdings to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Alaris Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Alaris Holdings'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 Alaris Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Alaris Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
JSE:ALH PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in ZAR ZAR0.48
JSE:ALH Share Price ** JSE (2020-03-30) in ZAR ZAR1.89
Global Aerospace & Defense Industry PE Ratio Median Figure of 153 Publicly-Listed Aerospace & Defense Companies 15.63x
South Africa Market PE Ratio Median Figure of 202 Publicly-Listed Companies 7.88x

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

** Primary Listing of Alaris Holdings.

JSE:ALH PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= JSE:ALH Share Price ÷ EPS (both in ZAR)

= 1.89 ÷ 0.48

3.95x

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

  • Alaris Holdings is good value based on earnings compared to the Global Aerospace & Defense industry average.
  • Alaris Holdings is good value based on earnings compared to the South Africa market.
Price based on expected Growth
Does Alaris Holdings's expected growth come at a high price?
Raw Data
JSE:ALH PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 3.95x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Global Aerospace & Defense Industry PEG Ratio Median Figure of 87 Publicly-Listed Aerospace & Defense Companies 1.57x
South Africa Market PEG Ratio Median Figure of 79 Publicly-Listed Companies 0.86x

*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 Alaris Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Alaris Holdings's assets?
Raw Data
JSE:ALH PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in ZAR ZAR1.56
JSE:ALH Share Price * JSE (2020-03-30) in ZAR ZAR1.89
Global Aerospace & Defense Industry PB Ratio Median Figure of 202 Publicly-Listed Aerospace & Defense Companies 1.76x
South Africa Market PB Ratio Median Figure of 271 Publicly-Listed Companies 0.66x
JSE:ALH PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= JSE:ALH Share Price ÷ Book Value per Share (both in ZAR)

= 1.89 ÷ 1.56

1.21x

* Primary Listing of Alaris Holdings.

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

  • Alaris Holdings is good value based on assets compared to the Global Aerospace & Defense industry average.
X
Value checks
We assess Alaris Holdings'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 Aerospace & Defense 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 Aerospace & Defense industry average (and greater than 0)? (1 check)
  5. Alaris Holdings 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.

ALH Future Performance

 How is Alaris Holdings 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 Alaris Holdings 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
13.9%
Expected Aerospace & Defense industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Alaris Holdings expected to grow at an attractive rate?
  • Unable to compare Alaris Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Alaris Holdings's earnings growth to the South Africa market average as no estimate data is available.
  • Unable to compare Alaris Holdings's revenue growth to the South Africa market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
JSE:ALH Future Growth Rates Data Sources
Data Point Source Value (per year)
Global Aerospace & Defense Industry Earnings Growth Rate Market Cap Weighted Average 13.9%
Global Aerospace & Defense Industry Revenue Growth Rate Market Cap Weighted Average 5.2%
South Africa Market Earnings Growth Rate Market Cap Weighted Average 16.2%
South Africa Market Revenue Growth Rate Market Cap Weighted Average 8.8%

*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
JSE:ALH 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 ZAR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
JSE:ALH Past Financials Data
Date (Data in ZAR Millions) Revenue Cash Flow Net Income *
2019-12-31 296 75 58
2019-09-30 271 50 49
2019-06-30 245 26 41
2019-03-31 207 24 29
2018-12-31 170 23 18
2018-09-30 178 33 25
2018-06-30 187 44 33
2018-03-31 182 45 32
2017-12-31 177 47 32
2017-09-30 168 30 27
2017-06-30 159 13 23
2017-03-31 170 19

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Alaris Holdings is high growth as no earnings estimate data is available.
  • Unable to determine if Alaris Holdings 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
JSE:ALH 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 Alaris Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

JSE:ALH Past Financials Data
Date (Data in ZAR Millions) EPS *
2019-12-31 0.48
2019-09-30 0.41
2019-06-30 0.34
2019-03-31 0.25
2018-12-31 0.15
2018-09-30 0.22
2018-06-30 0.28
2018-03-31 0.26
2017-12-31 0.24
2017-09-30 0.19
2017-06-30 0.15
2017-03-31 0.11

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

Next steps:

  1. Examine whether Alaris Holdings is trading at Alaris Holdings'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. Alaris Holdings'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 Capital Goods companies here
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Alaris Holdings'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 Global market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Global 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.
Alaris Holdings 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.

ALH Past Performance

  How has Alaris Holdings 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 Alaris Holdings's growth in the last year to its industry (Aerospace & Defense).
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.
  • Alaris Holdings has delivered over 20% year on year earnings growth in the past 5 years.
  • Alaris Holdings's 1-year earnings growth exceeds its 5-year average (226.1% vs 58.7%)
  • Alaris Holdings's earnings growth has exceeded the Global Aerospace & Defense industry average in the past year (226.1% vs 11.3%).
Earnings and Revenue History
Alaris Holdings'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 Alaris Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

JSE:ALH Past Revenue, Cash Flow and Net Income Data
Date (Data in ZAR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 296.48 57.77 124.75
2019-09-30 270.83 49.43 117.37
2019-06-30 245.18 41.08 110.00
2019-03-31 207.35 29.41 100.68
2018-12-31 169.52 17.72 91.35
2018-09-30 178.30 25.32 90.08
2018-06-30 187.08 32.92 88.80
2018-03-31 182.15 32.30 86.48
2017-12-31 177.22 31.69 84.16
2017-09-30 168.29 27.34 81.18
2017-06-30 159.35 23.00 78.20
2017-03-31 170.03 18.82 81.65
2016-12-31 180.71 14.63 85.09
2016-09-30 156.41 9.51 76.24
2016-06-30 132.12 4.39 67.40
2016-03-31 210.00 21.79 80.74
2015-12-31 153.72 -2.82 54.49
2015-09-30 173.38 -1.24 59.23
2015-06-30 193.03 0.34 63.98
2015-03-31 163.38 -43.98 64.17
2014-12-31 133.73 -62.35 56.02
2014-09-30 114.80 -60.31 47.01
2014-06-30 95.86 -58.28 37.99
2014-03-31 90.61 -21.82 40.58
2013-12-31 85.36 14.64 43.16
2013-09-30 87.55 10.80 48.54
2013-06-30 89.74 6.96 53.91

*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.
  • Alaris Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Alaris Holdings used its assets more efficiently than the Global Aerospace & Defense industry average last year based on Return on Assets.
  • Alaris Holdings has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Alaris Holdings'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 Aerospace & Defense 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.
Alaris Holdings has a total score of 6/6, 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.

ALH Health

 How is Alaris Holdings'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 Alaris Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Alaris Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Alaris Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Alaris Holdings'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 1.7991880511345E+17x 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 Alaris Holdings Company Filings, last reported 3 months ago.

JSE:ALH Past Debt and Equity Data
Date (Data in ZAR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 187.34 0.00 82.07
2019-09-30 187.34 0.00 82.07
2019-06-30 165.18 0.00 42.15
2019-03-31 165.18 0.00 42.15
2018-12-31 133.37 0.46 18.46
2018-09-30 133.37 0.46 18.46
2018-06-30 116.33 0.23 51.85
2018-03-31 116.33 0.23 51.85
2017-12-31 99.94 3.72 31.54
2017-09-30 99.94 3.72 31.54
2017-06-30 77.83 51.00 65.31
2017-03-31 77.83 51.00 65.31
2016-12-31 134.07 50.11 64.22
2016-09-30 134.07 50.11 64.22
2016-06-30 133.65 50.11 96.01
2016-03-31 133.65 50.69 101.45
2015-12-31 115.90 50.11 108.54
2015-09-30 115.90 50.11 108.54
2015-06-30 115.33 50.11 75.98
2015-03-31 115.33 50.11 75.98
2014-12-31 40.09 50.11 79.34
2014-09-30 40.09 50.11 79.34
2014-06-30 155.89 51.88 88.96
2014-03-31 155.89 51.88 88.96
2013-12-31 80.56 0.00 36.89
2013-09-30 80.56 0.00 36.89
2013-06-30 48.62 0.82 15.02
  • Alaris Holdings's level of debt (0%) 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 (122.1% vs 0% today).
  • Debt is well covered by operating cash flow (8.4382820318134E+18%, greater than 20% of total debt).
  • Alaris Holdings earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Alaris Holdings'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. Alaris Holdings has a total score of 6/6, 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.

ALH Dividends

 What is Alaris Holdings'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 Alaris Holdings dividends.
If you bought ZAR2,000 of Alaris Holdings shares you are expected to receive ZAR0 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 Alaris Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Alaris Holdings'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
JSE:ALH 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
Global Aerospace & Defense Industry Average Dividend Yield Market Cap Weighted Average of 100 Stocks 2.4%
South Africa Market Average Dividend Yield Market Cap Weighted Average of 171 Stocks 5.6%
South Africa Minimum Threshold Dividend Yield 10th Percentile 2.7%
South Africa Bottom 25% Dividend Yield 25th Percentile 4.6%
South Africa Top 25% Dividend Yield 75th Percentile 13.8%

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 Alaris Holdings has not reported any payouts.
  • Unable to verify if Alaris Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Alaris Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Alaris Holdings 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 Alaris Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 2.7%) - 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 Alaris Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Alaris Holdings 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.

ALH Management

 What is the CEO of Alaris Holdings'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
Juergen Dresel
COMPENSATION ZAR4,679,000
AGE 51
TENURE AS CEO 4.7 years
CEO Bio

Mr. Juergen Dresel, Diplo.Ing. (TU Munich) MSc Eng (Elec) (Wits) has been Group Chief Executive Officer at Alaris Holdings Limited since June 25, 2015 and serves as its Managing Director. Mr. Dresel has been the Chief Executive Officer of Poynting Holdings Limited since June 25, 2015. Mr. Dresel serves as Managing Director of Poynting Antennas Proprietary Limited. Mr. Dresel served as Interim Chief Executive Officer at Alaris Holdings Limited from December 19, 2014 to June 25, 2015. Mr. Dresel started his engineering career with work that comprised antenna design and development in the frequency range from 10 kHz up to 6 GHz, antenna placement simulations and project management. In 2005, Mr. Dresel took over the management of the Defense section of Poynting Antennas where he concentrates his efforts on management and sales of large defence-related projects. He serves as Director of Alaris Holdings Limited. He has been a Director for Poynting Holdings Limited since February 21, 2000. Mr. Dresel completed his IT and Telecommunication studies with a Diploma from Technical University of Munich in 1993 and an MSc degree in Electrical Engineering from Wits University in 2000.

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

Average tenure and age of the Alaris Holdings management team in years:

0.7
Average Tenure
45.5
Average Age
  • The average tenure for the Alaris Holdings management team is less than 2 years, this suggests a new team.
Management Team

Juergen Dresel

TITLE
Group CEO
COMPENSATION
ZAR5M
AGE
51
TENURE
4.7 yrs

Gisela Heyman

TITLE
Executive Director
COMPENSATION
ZAR3M
AGE
40
TENURE
0.7 yrs

Elsie Müller

TITLE
Group CFO
AGE
32
TENURE
0.7 yrs

Yvette Muregess

TITLE
Head of Sales Division

Ruenelle Ramnath

TITLE
Director of Human Resource at Alaris Antennas

Samu Lentonen

TITLE
Managing Director of COJOT Oy
COMPENSATION
ZAR3M

Peter Farnum

TITLE
Managing Director of mWAVE Industries LLC

Mark Haarhoff

TITLE
Divisional Manager of Commercial
AGE
52
Board of Directors Tenure

Average tenure and age of the Alaris Holdings board of directors in years:

1.7
Average Tenure
51
Average Age
  • The average tenure for the Alaris Holdings board of directors is less than 3 years, this suggests a new board.
Board of Directors

Coen Bester

TITLE
Independent Non-Executive Chairman
COMPENSATION
ZAR740K
AGE
63

Juergen Dresel

TITLE
Group CEO
COMPENSATION
ZAR5M
AGE
51
TENURE
20 yrs

Gisela Heyman

TITLE
Executive Director
COMPENSATION
ZAR3M
AGE
40
TENURE
4.7 yrs

Elsie Müller

TITLE
Group CFO
AGE
32
TENURE
0.7 yrs

Richard Willis

TITLE
Independent Non-Executive Director
COMPENSATION
ZAR161K
AGE
49
TENURE
5 yrs

Carel van der Merwe

TITLE
Independent Non-Executive Director
COMPENSATION
ZAR154K
AGE
63
TENURE
1.7 yrs

Peter Anania

TITLE
Non-Executive Director
COMPENSATION
ZAR49K
AGE
63
TENURE
1.3 yrs

Chris Neser

TITLE
Non-Executive Director
TENURE
0.3 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 (ZAR) Value (ZAR)
04. Dec 19 Sell Maine-Anjou Llc Company 03. Dec 19 03. Dec 19 -70,000 ZAR2.15 ZAR-150,500
29. Nov 19 Sell Maine-Anjou Llc Company 28. Nov 19 28. Nov 19 -1,600 ZAR2.10 ZAR-3,360
25. Nov 19 Sell Maine-Anjou Llc Company 22. Nov 19 22. Nov 19 -1,000 ZAR2.10 ZAR-2,100
21. Nov 19 Sell Maine-Anjou Llc Company 20. Nov 19 20. Nov 19 -48,220 ZAR2.20 ZAR-106,084
23. Oct 19 Sell Maine-Anjou Llc Company 21. Oct 19 22. Oct 19 -5,448 ZAR2.00 ZAR-10,871
08. Oct 19 Sell Maine-Anjou Llc Company 04. Oct 19 04. Oct 19 -20,141 ZAR2.00 ZAR-40,282
30. Apr 19 Buy Gisela Heyman Individual 30. Apr 19 30. Apr 19 8,100 ZAR2.65 ZAR21,465
30. Apr 19 Buy Juergen Dresel Individual 30. Apr 19 30. Apr 19 34,000 ZAR2.65 ZAR90,100
25. Apr 19 Buy Gisela Heyman Individual 18. Apr 19 18. Apr 19 1,845 ZAR2.35 ZAR4,336
25. Apr 19 Buy Juergen Dresel Individual 18. Apr 19 18. Apr 19 8,433 ZAR2.35 ZAR19,818
15. Apr 19 Buy Gisela Heyman Individual 11. Apr 19 11. Apr 19 38,724 ZAR2.39 ZAR92,551
15. Apr 19 Buy Juergen Dresel Individual 11. Apr 19 11. Apr 19 97,465 ZAR2.39 ZAR232,942
11. Apr 19 Buy Gisela Heyman Individual 08. Apr 19 10. Apr 19 10,465 ZAR2.45 ZAR25,503
11. Apr 19 Buy Juergen Dresel Individual 08. Apr 19 10. Apr 19 13,169 ZAR2.45 ZAR32,093
X
Management checks
We assess Alaris Holdings'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. Alaris Holdings 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.

ALH News

Simply Wall St News

ALH Company Info

Description

Alaris Holdings Limited designs, manufactures, and sells specialized broadband antennas and other related radio frequency products primarily in South Africa, the Americas, Europe, and Asia. The company operates through Alaris Antennas and COJOT segments. It serves system integrators, frequency spectrum regulators, and players in the homeland security space for use in the communication, frequency spectrum monitoring, test and measurement, electronic warfare, and other specialized markets; and military and public safety markets. The company was formerly known as Poynting Holdings Limited and changed its name to Alaris Holdings Limited in May 2015. Alaris Holdings Limited was founded in 1990 and is based in Centurion, South Africa.

Details
Name: Alaris Holdings Limited
ALH
Exchange: JSE
Founded: 1990
ZAR226,938,593
120,073,330
Website: http://www.alarisholdings.com
Address: Alaris Holdings Limited
1 Travertine Avenue,
N1 Business Park,
Centurion,
Gauteng, 0157,
South Africa
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
JSE ALH Ordinary Shares The Johannesburg Securities Exchange ZA ZAR 09. Jul 2008
Number of employees
Current staff
Staff numbers
138
Alaris Holdings employees.
Industry
Aerospace and Defense
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/31 17:57
End of day share price update: 2020/03/30 00:00
Last earnings filing: 2020/03/24
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.