Althea Group Holdings Share Price and Company Fundamentals



Price
$0.13
Change
0.000 (0.000%)
52 week
0.059 - 0.305

Last traded: Today at 5:55 AM

Althea Group Holdings Limited manufactures, sells, and distributes pharmaceutical grade medicinal cannabis in Australia, the United Kingdom, Africa, and Canada. It also offers a range of education, access, and management services to support eligible patients and healthcare professionals in navigating medicinal cannabis treatment pathways through Concierge, an online service, as well as Medic, an online education. In addition, the company provides formulation and manufacturing of recreational cannabis products, such as beverages, edibles, and topicals. Althea Group Holdings Limited was founded in 2016 and is based in Melbourne, Australia.

Key Metrics

PE ratio

-

PB ratio

0.89

Dividend yield

0.00%

Beta

2.41

Market cap

-

Enterprise value

-

Company profile

Primary activitiesHolding company of Althea Company Limited which holds a number of licenses and permits for the importation, cultivation, production and supply of medicinal cannabis in Australia.
Industry / SectorDrug Manufacturers—Specialty & Generic / Healthcare
Websitehttps://www.althea.life
Mailing address360 Elizabeth Street Level 50 Melbourne VIC 3000 Australia
Phone / Fax61 3 9639 9044 / 61 2 8438 8699
Share registryCOMPUTERSHARE INVESTOR SERVICES PTY LIMITED

Dividends

More: Althea Group Holdings Dividend history, yield and payout ratio

Dividend yield

0.00%

Dividend amount

$0.00

Payout ratio

0.00%

Althea Group Holdings paid $0.00 dividend and the ex-dividend date was .The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.AGH dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

AGH's forward dividend amount is $ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Aug 2022, following are the company executives and directors listed on Althea Group Holdings.

NameTitleAgeTotal Pay
Mr. Joshua FeganCEO, MD & Exec. Director798.77k
Mr. Robert MeissnerCFO & Company Sec.353.37k
Mr. David SauerGen. Counsel

Profitability and management effectiveness

Profit margin

-87.33%

Operating margin

-96.93%

Return on assets

-17.37%

Return on equity

-29.91%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Althea Group Holdings is and its enterprise value is .

The AGH's stocks Beta value is 2.41 making it 141% more volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Althea Group Holdings (AGH)

Althea Group Holdings (ASX:AGH) Frequently Asked Questions

1. What is Althea Group Holdings's Stock Symbol?

Althea Group Holdings trades on ASX under the ticker symbol "AGH".

2. What is Althea Group Holdings's stock price today?

One share of AGH stock can currently be purchased for approximately $0.13.

3. How can I contact Althea Group Holdings?

Althea Group Holdings's mailing address is 360 Elizabeth Street Level 50 Melbourne VIC 3000 Australia. The company can be reached via phone at 61 3 9639 9044.

4. What is Althea Group Holdings's official website?

The official website of Althea Group Holdings is https://www.althea.life.

5. Which share registry manages Althea Group Holdings's stock?

Althea Group Holdings's stock is managed by COMPUTERSHARE INVESTOR SERVICES PTY LIMITED.