Ashley Services Group Share Price and Company Fundamentals
Last traded: Today at 5:30 AM
Ashley Services Group Limited provides labor hire, recruitment, and training services in Australia. It operates through two segments, Labor Hire and Training. The company offers white-collar recruitment services, including permanent, temporary, and contract placements through multi-specialist providers under the Blackadder brand name; and labor hire and workforce solutions under the Action Workforce and Concept Engineering brands. It also provides nationally accredited qualifications training and assessment services under the Ashley Institute of Training, Integracom, Australian Institute of Vocational Development, National Institute of Training, Tracmin, and Qualitas Education brands. The company was founded in 1968 and is headquartered in Sydney, Australia.
Key Metrics
PE ratio
12.11
PB ratio
2.53
Dividend yield
10.00%
Beta
1.12
Market cap
$64.74M
Enterprise value
$71.27M
Company profile
| Primary activities | Training and labour hire. |
|---|---|
| Industry / Sector | Staffing & Employment Services / Industrials |
| Website | http://www.ashleyservicesgroup.com.au |
| Mailing address | 92 Pitt Street Level 10 Sydney NSW 2000 Australia |
| Phone / Fax | 61 2 9216 4747 / 61 2 9221 6677 |
| Share registry | LINK MARKET SERVICES LIMITED |
Dividends
More: Ashley Services Group Dividend history, yield and payout ratio
Dividend yield
10.00%
Dividend amount
$0.05
Payout ratio
75.21%
Ashley Services Group paid $0.05 dividend and the ex-dividend date was 02 Mar 2021.The dividend payout ratio is 75.21%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.ASH dividend payout ratio is between 70-90%. The lower dividend payout ratio is preferrable since it provides company margin to grow the dividends in future.
ASH's forward dividend amount is $0.04 and the forward dividend yield is 10.34%. 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 May 2021, following are the company executives and directors listed on Ashley Services Group.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Ross John Shrimpton | MD & Exec. Director | 450k | |
| Mr. Christopher John McFadden FCPA | CFO, Joint Company Sec. & Exec. Director | 568.29k | |
| Mr. Paul Rixon | Chief Operating Officer  Recruitment & Labour Hire | 366.1k | |
| Mr. Ronald Hollands A.C.A., B.Bus., M.B.A., ACA | Company Sec. |
Profitability and management effectiveness
Profit margin
1.60%
Operating margin
2.59%
Return on assets
8.18%
Return on equity
23.14%
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 Ashley Services Group is 64.74M and its enterprise value is 71.27M. The enterprise value to revenue ratio of ASH is 0.21.
The ASH's stocks Beta value is 1.12 making it 12% 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.
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Ashley Services Group (ASX:ASH) Frequently Asked Questions
1. What is Ashley Services Group's Stock Symbol?
Ashley Services Group trades on ASX under the ticker symbol "ASH".
2. What is Ashley Services Group's stock price today?
One share of ASH stock can currently be purchased for approximately $0.46.
3. How can I contact Ashley Services Group?
Ashley Services Group's mailing address is 92 Pitt Street Level 10 Sydney NSW 2000 Australia. The company can be reached via phone at 61 2 9216 4747.
4. What is Ashley Services Group's official website?
The official website of Ashley Services Group is http://www.ashleyservicesgroup.com.au.
5. Which share registry manages Ashley Services Group's stock?
Ashley Services Group's stock is managed by LINK MARKET SERVICES LIMITED.