AX1 · ASX

Accent Group Ltd (ASX:AX1)

AU$2.26

 -0.01 (-0.441%)
ASX:Live
20/12/2024 04:10:10 PM
HALO Small HALO Ords HALO Capital Efficiency GROWTH AUS All-Consensus +1
Consensus Score
/10
Recommend
Target Price
Deviation
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AX1 Overview

AX1 Health Scores

Short Term

Mean Reversion

Neutral

Trend

Neutral

Event

Very Weak

Halo Model

MQV

Strong

GARP

Neutral

MQV Small

Neutral

Valuation

Value

Consensus

Momentum

Price

Weak

Earnings

Neutral

Growth

Earnings

Neutral

Dividends

Weak

Quality

Capital Efficiency

Very Weak

Balance Sheet

Strong

About AX1

Telephone

Address

Description

Accent Group Ltd. operates as an investment holding company, which engages in the retail of performance and lifestyle footwear. It offers its products under the following brands: The Athlete's Foot, Platypus Shoes, Sneaker Lab, Hype DC, Skechers, Merrell, CAT, Vans, 4Workers, EXIE, Dr. Martens, Saucony, Timberland, Sperry, Palladium, Stance, Supra, Subtype, The Trybe, PIVOT, and Stylerunner. The company was founded by Michael Hapgood in 1966 and is headquartered in Melbourne, Australia.

AX1 Price Chart

Key Stats

Market Cap

AU$1.32B

PE

20.90

EV/EBITDA

5.8

Dividends Overview

DIV Yield

4.9%

Franking

100%

Ex Dividend Date (est.)

11-Sep-24

Market Data

52 weeks range

Low 1.74 - 2.66

Trade Value (12mth)

AU$775,643.00

1 week

0.89%

1 month

-10.28%

YTD

16.11%

1 year

12.38%

All time high

3.08

Key Fundamentals

EPS 3 yr Growth

-25.30%

EBITDA Margin

20.30%

Operating Cashflow

$246m

Free Cash Flow Return

29.50%

ROIC

7.10%

Interest Coverage

10.50

Quick Ratio

0.20

Other Data

Shares on Issue (Fully Dilluted)

569m

HALO Sector

Next Company Report Date

21-Aug-25

Ex Dividend Date (est.)

11-Sep-24

Next Dividend Pay Date (est.)

26-Sep-24

Reporting Currency

AUD

Short Sell (% of issue)

2.52

AX1 Announcements

Latest Announcements

Date Announcements

22 November 24

Initial Director's Interest Notice - David Forsey

×

Initial Director's Interest Notice - David Forsey

21 November 24

Trading Update

×

Trading Update

21 November 24

2024 AGM Presentation

×

2024 AGM Presentation

21 November 24

Chairman and CEO Address to Shareholders

×

Chairman and CEO Address to Shareholders

21 November 24

Director Appointment

×

Director Appointment

21 November 24

Results of Meeting

×

Results of Meeting

23 October 24

Ceasing to be a substantial holder

×

Ceasing to be a substantial holder

18 October 24

Notice of Annual General Meeting/Proxy Form

×

Notice of Annual General Meeting/Proxy Form

18 October 24

Annual Report to shareholders

×

Annual Report to shareholders

02 October 24

Lacoste and Dickies Distribution Agreement

×

Lacoste and Dickies Distribution Agreement

30 September 24

Company Secretary Appointment/Resignation

×

Company Secretary Appointment/Resignation

20 September 24

Change of Director's Interest Notice

×

Change of Director's Interest Notice

04 September 24

Change of Director's Interest Notice

×

Change of Director's Interest Notice

02 September 24

Cleansing Notice

×

Cleansing Notice

02 September 24

Application for quotation of securities - AX1

×

Application for quotation of securities - AX1

29 August 24

Becoming a substantial holder

×

Becoming a substantial holder

29 August 24

Director Resignation

×

Director Resignation

28 August 24

Strategic Shareholding by Frasers Group plc

×

Strategic Shareholding by Frasers Group plc

28 August 24

Ceasing to be a substantial holder

×

Ceasing to be a substantial holder

28 August 24

Final Director's Interest Notice

×

Final Director's Interest Notice

28 August 24

Final Director's Interest Notice

×

Final Director's Interest Notice

23 August 24

Preliminary Final Report

×

Preliminary Final Report

23 August 24

Dividend/Distribution - AX1

×

Dividend/Distribution - AX1

23 August 24

FY24 Full Year Results Announcement

×

FY24 Full Year Results Announcement

23 August 24

FY24 Full Year Investor Presentation

×

FY24 Full Year Investor Presentation

AX1 Fundamentals

Per Share Records

Historical data

Forecast data

AUD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Per Share, Growth & Valuations
EPS (Basic) $ Lock Lock Lock Lock 0.06 0.16 0.11 Lock Lock Lock
EPS (Fully Diluted) $ Lock Lock Lock Lock 0.06 0.16 0.11 Lock Lock Lock
     Growth % Lock Lock Lock Lock -59.1 178.1 -34.3 Lock Lock Lock
     PE X Lock Lock Lock Lock 23.7 12.9 20.9 Lock Lock Lock
     EV/EBITDA X Lock Lock Lock Lock 5.4 4.6 5.8 Lock Lock Lock
CFPS $ Lock Lock Lock Lock 0.34 0.45 0.43 Lock Lock Lock
FCFPS $ Lock Lock Lock Lock 0.13 0.25 0.25 Lock Lock Lock
     Growth % Lock Lock Lock Lock -10.5 31.7 -4.6 Lock Lock Lock
     Yield % Lock Lock Lock Lock 10.2 15.0 13.0 Lock Lock Lock
DPS $ Lock Lock Lock Lock 0.06 0.18 0.13 Lock Lock Lock
     Growth % Lock Lock Lock Lock -42.2 169.2 -25.7 Lock Lock Lock
     Yield % Lock Lock Lock Lock 3.3 8.3 4.9 Lock Lock Lock
     Payout Ratio % Lock Lock Lock Lock 112 108 123 Lock Lock Lock
BPS $ Lock Lock Lock Lock 0.81 0.80 0.74 Lock Lock Lock
BPS (Tangible) $ Lock Lock Lock Lock 0.12 0.11 0.06 Lock Lock Lock
     Growth % Lock Lock Lock Lock 16.4 -11.6 -42.2 Lock Lock Lock
Shares Outstanding
Diluted m Lock Lock Lock Lock 563 568 564 Lock Lock Lock
Basic m Lock Lock Lock Lock 542 549 561 Lock Lock Lock

Financial Records

Historical data

Forecast data

AUD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Income Statement
Sales $m Lock Lock Lock Lock 1,118 1,409 1,448 Lock Lock Lock
     Growth % Lock Lock Lock Lock 13.9 26.1 2.8 Lock Lock Lock
Selling & General Expenses $m Lock Lock Lock Lock 182 207 216 Lock Lock Lock
Gross Income $m Lock Lock Lock Lock 233 330 334 Lock Lock Lock
     Growth % Lock Lock Lock Lock 1.0 41.6 1.0 Lock Lock Lock
     Margin % Lock Lock Lock Lock 20.9 23.5 23.0 Lock Lock Lock
Cost of Goods Sold to Sales % Lock Lock Lock Lock 79 77 77 Lock Lock Lock
EBITDA $m Lock Lock Lock Lock 207 294 294 Lock Lock Lock
     Growth % Lock Lock Lock Lock -0.8 42.0 -0.2 Lock Lock Lock
     Margin % Lock Lock Lock Lock 18.5 20.9 20.3 Lock Lock Lock
Depreciation & Amortisation $m Lock Lock Lock Lock 144 159 169 Lock Lock Lock
EBIT $m Lock Lock Lock Lock 64 135 125 Lock Lock Lock
     Growth % Lock Lock Lock Lock -32.2 111.9 -7.6 Lock Lock Lock
     Margin % Lock Lock Lock Lock 5.7 9.6 8.6 Lock Lock Lock
Pretax Income $m Lock Lock Lock Lock 47 120 84 Lock Lock Lock
Income Taxes $m Lock Lock Lock Lock 15 31 25 Lock Lock Lock
Net Income $m Lock Lock Lock Lock 31 89 60 Lock Lock Lock
     Growth % Lock Lock Lock Lock -59.1 181.8 -32.9 Lock Lock Lock
     Margin % Lock Lock Lock Lock 2.8 6.3 4.1 Lock Lock Lock
Cash Flow Statement
Net Operating Cash Flow $m Lock Lock Lock Lock 140 257 246 Lock Lock Lock
Capital Expenditures $m Lock Lock Lock Lock 46 34 32 Lock Lock Lock
Net Investing Cash Flow $m Lock Lock Lock Lock -49 -40 -34 Lock Lock Lock
Net Financing Cash Flow $m Lock Lock Lock Lock -76 -235 -214 Lock Lock Lock
Free Cash Flow $m Lock Lock Lock Lock 102 230 221 Lock Lock Lock
     Growth % Lock Lock Lock Lock -23.8 126.9 -4.0 Lock Lock Lock
     Margin % Lock Lock Lock Lock 0.1 0.2 0.2 Lock Lock Lock
Franking Balance $m Lock Lock Lock Lock 39 17 12 Lock Lock Lock
Balance Sheet
Cash & Short-Term Investments $m Lock Lock Lock Lock 50 30 28 Lock Lock Lock
Total Assets $m Lock Lock Lock Lock 1,216 1,155 1,148 Lock Lock Lock
Long Term Debt $m Lock Lock Lock Lock 457 416 394 Lock Lock Lock
Net Debt $m Lock Lock Lock Lock 551 529 514 Lock Lock Lock
Total Liabilities $m Lock Lock Lock Lock 776 713 729 Lock Lock Lock
Equity $m Lock Lock Lock Lock 440 441 419 Lock Lock Lock
Invested Capital Lock Lock Lock Lock 897 857 812 Lock Lock Lock
     Growth % Lock Lock Lock Lock 17.0 -4.4 -5.3 Lock Lock Lock
Return Ratios
Return on Assets % Lock Lock Lock Lock 2.6 7.7 5.2 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 7.1 20.1 14.2 Lock Lock Lock
Return on Total Capital % Lock Lock Lock Lock 6.5 13.2 12.7 Lock Lock Lock
Return on Invested Capital % Lock Lock Lock Lock 3.8 10.1 7.1 Lock Lock Lock
Cash Flow Return on Invested Capital % Lock Lock Lock Lock 16.9 29.2 29.5 Lock Lock Lock

Ratios Records

Historical data

Forecast data

AUD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Leverage
Interest Cover X Lock Lock Lock Lock 12.6 14.3 10.5 Lock Lock Lock
Debt to EBITDA X Lock Lock Lock Lock 2.7 1.8 1.8 Lock Lock Lock
Net Debt to Equity % Lock Lock Lock Lock 125.1 119.8 122.8 Lock Lock Lock
Liquidity
Current Ratio X Lock Lock Lock Lock 1.2 1.1 1.0 Lock Lock Lock
Quick Ratio X Lock Lock Lock Lock 0.4 0.3 0.2 Lock Lock Lock
Cash & ST Inv/Current Assets % Lock Lock Lock Lock 13.3 9.2 8.1 Lock Lock Lock
CFO/Current Liabilities % Lock Lock Lock Lock 44.8 88.1 74.0 Lock Lock Lock
Balance Sheet Efficiency
Receivables Turnover X Lock Lock Lock Lock 20.2 26.8 31.9 Lock Lock Lock
Inventory Turnover X Lock Lock Lock Lock 3.9 4.5 4.4 Lock Lock Lock
Working Capital Turnover X Lock Lock Lock Lock 18.0 44.4 104.1 Lock Lock Lock
Payables Turnover X Lock Lock Lock Lock 5.0 3.3 4.9 Lock Lock Lock
Asset Turnover X Lock Lock Lock Lock 0.9 1.2 1.3 Lock Lock Lock
Du Pont
Asset Turnover X Lock Lock Lock Lock 0.9 1.2 1.3 Lock Lock Lock
x Pretax Margin % Lock Lock Lock Lock 4.2 8.5 5.8 Lock Lock Lock
= Pretax Return on Assets % Lock Lock Lock Lock 3.8 10.4 7.4 Lock Lock Lock
x Tax Rate Complement (1-Tax Rate) % Lock Lock Lock Lock 32.5 25.9 29.5 Lock Lock Lock
Return on Assets % Lock Lock Lock Lock 2.6 7.7 5.2 Lock Lock Lock
x Equity Multiplier (Assets/Equity) % Lock Lock Lock Lock 2.8 2.6 2.7 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 7.1 20.1 14.2 Lock Lock Lock
x Earnings Retention (1-Payout) % Lock Lock Lock Lock -11.9 -8.3 -22.5 Lock Lock Lock
= Reinvestment Rate (%) % Lock Lock Lock Lock -0.8 -1.7 -3.2 Lock Lock Lock
Operating Cycle
Days of Inventory on Hand Days Lock Lock Lock Lock 94.6 81.4 82.6 Lock Lock Lock
+ Days of Sales Outstanding Days Lock Lock Lock Lock 18.1 13.6 11.4 Lock Lock Lock
Operating Cycle Days Lock Lock Lock Lock 112.7 95.0 94.0 Lock Lock Lock
- Days of Payables Outstanding Days Lock Lock Lock Lock 26.7 17.4 18.9 Lock Lock Lock
Net Operating Cycle Days Lock Lock Lock Lock 86.0 77.6 75.2 Lock Lock Lock

Dividends

Key Stats

Ex Dividend Date (est.)

11-Sep-24

DIV Yield

4.9%

Franking Level

100%

DPSg

-25.70%

Quality Yield

Lock

Falling Divs over next 2

Lock

Expected Dividend Cashflow

Dividend Clarity,
Enhanced
Strategy

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Values and Recommendations

Key Stats

Consensus Score

Lock

Recommendation

Lock

EPS 1 month Change

Lock

Quality Yield

Lock

Falling Divs over next 2

Lock

Halo Consensus Score

Lock Chart

PEG Ratio

Lock Chart

Consensus EPS Revisions

Lock Chart

Short selling

Key Stats

Percent of Issue

2.52%

Value ($M)

32

Prior Change

-0.10%

7 Day Change

-0.20%

1 Month Change

0.70%

3 Month Change

-2.00%

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AX1 Shortsell

Frequently Asked Questions

The current share price of Accent Group Ltd (AX1:ASX) is AU$2.26.
The 52-week high share price for Accent Group Ltd (AX1:ASX) is AU$2.66.
The 52-week low share price for Accent Group Ltd (AX1:ASX)? is AU$1.74.
The current TTM dividend payout for Accent Group Ltd (AX1:ASX) is 4.90.
The last dividend payment of Accent Group Ltd (AX1:ASX) is AU$0.05.
Accent Group Ltd (AX1:ASX) has a franking level of 100.0%.
Accent Group Ltd (AX1:ASX) is classified in the Discretionary.
The current P/E ratio for Accent Group Ltd (AX1:ASX) is 20.90.