Accordant Group Limited Share Price and Company Fundamentals
Last traded: Today at 11:02 PM
Accordant Group Limited provides recruitment and staffing services in New Zealand. The company operates in two segments: AWF; and Madison Recruitment, Absolute IT and JacksonStone & Partners. It offers semi-skilled and skilled, primarily temporary staffing services under the AWF brand to the infrastructure, construction, transport, logistics, manufacturing, and primary industries. The company also provides white collar recruitment services under the Madison brand to clients in central and local government businesses, as well as in health, insurance, telco, banking, and other industries. In addition, the company offers executive search, recruitment, and contracting solutions to public, private, and not-for-profit sectors under the JacksonStone brand. Further, it operates The Work Collective, which provides organizations to deliver social impact through their staffing supply chain. The company was formerly known as AWF Madison Group Limited and changed its name to Accordant Group Limited in October 2020. Accordant Group Limited was founded in 1988 and is based in Auckland, New Zealand.
Key Metrics
PE ratio
16.67
PB ratio
1.56
Dividend yield
7.38%
Beta
0.31
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Staffing & Employment Services / Industrials |
|---|---|
| Website | https://www.accordant.nz |
| Mailing address | 51 Shortland Street Level 6 Auckland 1010 New Zealand |
| Phone / Fax | 64 9 526 8770 / |
Dividends
Dividend yield
7.38%
Dividend amount
$0.12
Payout ratio
118.63%
Accordant Group Limited paid $0.12 dividend and the ex-dividend date was 17 Nov 2022.The dividend payout ratio is 118.63%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.AGL dividend payout ratio is more than 90% making it difficult for the company to maintain the dividends and increase it year by year.
AGL's forward dividend amount is $0.12 and the forward dividend yield is 7.33%. 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 Mar 2023, following are the company executives and directors listed on Accordant Group Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Simon Bennett | Chairperson | 69k | |
| Mr. Simon A. Hull | Founder, MD & Non-Independent Director | 60k | |
| Mr. Jason Cherrington | Chief Exec. Officer | ||
| Mr. Anthony Staub | Chief Financial Officer | ||
| Mr. David Lazarus | Group Company Sec. |
Profitability and management effectiveness
Profit margin
1.52%
Operating margin
1.87%
Return on assets
3.07%
Return on equity
9.52%
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 Accordant Group Limited is and its enterprise value is .
The AGL's stocks Beta value is 0.31 making it 69% less volatile compared to NZX 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.
Accordant Group Limited (NZX:AGL) Frequently Asked Questions
1. What is Accordant Group Limited's Stock Symbol?
Accordant Group Limited trades on NZX under the ticker symbol "AGL".
2. What is Accordant Group Limited's stock price today?
One share of AGL stock can currently be purchased for approximately $1.6.
3. How can I contact Accordant Group Limited?
Accordant Group Limited's mailing address is 51 Shortland Street Level 6 Auckland 1010 New Zealand. The company can be reached via phone at 64 9 526 8770.
4. What is Accordant Group Limited's official website?
The official website of Accordant Group Limited is https://www.accordant.nz.