Ashley Services Group Share Price and Company Fundamentals



Price
$0.565
Change
-0.015 (-2.586%)
52 week
0.315 - 0.585

Last traded: Yesterday at 5:10 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 and Concept Recruitment Specialists 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

8.96

PB ratio

2.88

Dividend yield

7.24%

Beta

1.27

Market cap

$82.07M

Enterprise value

$82.40M

Company profile

Primary activitiesTraining and labour hire.
Industry / SectorStaffing & Employment Services / Industrials
Websitehttp://www.ashleyservicesgroup.com.au
Mailing address92 Pitt Street Level 10 Sydney NSW 2000 Australia
Phone / Fax61 2 9216 4747 / 61 2 9221 6677
Share registryLINK MARKET SERVICES LIMITED

Dividends

More: Ashley Services Group Dividend history, yield and payout ratio

Dividend yield

7.24%

Dividend amount

$0.04

Payout ratio

70.75%

Ashley Services Group paid $0.04 dividend and the ex-dividend date was 01 Sept 2021.The dividend payout ratio is 70.75%. 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 7.43%. 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 Oct 2021, following are the company executives and directors listed on Ashley Services Group.

NameTitleAgeTotal Pay
Mr. Ross John ShrimptonMD & Exec. Director450k
Mr. Christopher John McFadden FCPACFO, Joint Company Sec. & Exec. Director531.1k
Mr. Paul RixonChief Operating Officer – Recruitment & Labour Hire345.8k
Mr. Ronald Hollands A.C.A., ACA, B.Bus., M.B.A.Company Sec.

Profitability and management effectiveness

Profit margin

2.38%

Operating margin

3.62%

Return on assets

13.65%

Return on equity

35.37%

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 82.07M and its enterprise value is 82.40M. The enterprise value to revenue ratio of ASH is 0.21.

The ASH's stocks Beta value is 1.27 making it 27% 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 Ashley Services Group (ASH)

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 $0.565.

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.