ACCSYS TECHNOLOGIES PLC (AXS.AS)

GB00BQQFX454 - Common Stock

0.657  +0.02 (+3.63%)

Fundamental Rating

3

Taking everything into account, AXS scores 3 out of 10 in our fundamental rating. AXS was compared to 9 industry peers in the Paper & Forest Products industry. AXS has a bad profitability rating. Also its financial health evaluation is rather negative. While showing a medium growth rate, AXS is valued expensive at the moment.



3

1. Profitability

1.1 Basic Checks

In the past year AXS has reported negative net income.
AXS had a positive operating cash flow in the past year.
In multiple years AXS reported negative net income over the last 5 years.
AXS had a positive operating cash flow in each of the past 5 years.

1.2 Ratios

Looking at the Return On Assets, with a value of -12.53%, AXS is doing worse than 75.00% of the companies in the same industry.
AXS has a Return On Equity of -23.78%. This is in the lower half of the industry: AXS underperforms 75.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 5.21%, AXS is doing worse than 75.00% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for AXS is significantly below the industry average of 10.64%.
The 3 year average ROIC (3.17%) for AXS is below the current ROIC(5.21%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA -12.53%
ROE -23.78%
ROIC 5.21%
ROA(3y)-5.39%
ROA(5y)-3.77%
ROE(3y)-9.9%
ROE(5y)-8.12%
ROIC(3y)3.17%
ROIC(5y)N/A

1.3 Margins

AXS's Operating Margin of 6.75% is on the low side compared to the rest of the industry. AXS is outperformed by 87.50% of its industry peers.
AXS's Operating Margin has improved in the last couple of years.
AXS has a Gross Margin of 32.90%. This is in the lower half of the industry: AXS underperforms 75.00% of its industry peers.
AXS's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 6.75%
PM (TTM) N/A
GM 32.9%
OM growth 3Y84.6%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.01%
GM growth 5Y8.74%

2

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AXS is destroying value.
The number of shares outstanding for AXS has been increased compared to 1 year ago.
Compared to 5 years ago, AXS has more shares outstanding
Compared to 1 year ago, AXS has a worse debt to assets ratio.

2.2 Solvency

Based on the Altman-Z score of 1.09, we must say that AXS is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 1.09, AXS is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
The Debt to FCF ratio of AXS is 6.95, which is on the high side as it means it would take AXS, 6.95 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 6.95, AXS perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
AXS has a Debt/Equity ratio of 0.54. This is a neutral value indicating AXS is somewhat dependend on debt financing.
AXS has a Debt to Equity ratio of 0.54. This is comparable to the rest of the industry: AXS outperforms 50.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.54
Debt/FCF 6.95
Altman-Z 1.09
ROIC/WACC0.77
WACC6.76%

2.3 Liquidity

AXS has a Current Ratio of 1.74. This is a normal value and indicates that AXS is financially healthy and should not expect problems in meeting its short term obligations.
AXS's Current ratio of 1.74 is in line compared to the rest of the industry. AXS outperforms 50.00% of its industry peers.
AXS has a Quick Ratio of 1.74. This is a bad value and indicates that AXS is not financially healthy enough and could expect problems in meeting its short term obligations.
AXS has a Quick ratio (0.91) which is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 1.74
Quick Ratio 0.91

5

3. Growth

3.1 Past

AXS shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -0.56%.
AXS shows a strong growth in Revenue. In the last year, the Revenue has grown by 41.17%.
Measured over the past years, AXS shows a very strong growth in Revenue. The Revenue has been growing by 21.61% on average per year.
EPS 1Y (TTM)-0.56%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q52.4%
Revenue 1Y (TTM)41.17%
Revenue growth 3Y21.24%
Revenue growth 5Y21.61%
Revenue growth Q2Q20.93%

3.2 Future

Based on estimates for the next years, AXS will show a very strong growth in Earnings Per Share. The EPS will grow by 22.16% on average per year.
Based on estimates for the next years, AXS will show a small growth in Revenue. The Revenue will grow by 2.79% on average per year.
EPS Next Y-41.59%
EPS Next 2Y-78.49%
EPS Next 3Y22.16%
EPS Next 5YN/A
Revenue Next Year-7.38%
Revenue Next 2Y-4.76%
Revenue Next 3Y-0.86%
Revenue Next 5Y2.79%

3.3 Evolution

The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.

2

4. Valuation

4.1 Price/Earnings Ratio

AXS reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year AXS is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AXS indicates a somewhat cheap valuation: AXS is cheaper than 75.00% of the companies listed in the same industry.
AXS's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 15.82
EV/EBITDA 9.36

4.3 Compensation for Growth

AXS's earnings are expected to grow with 22.16% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-78.49%
EPS Next 3Y22.16%

0

5. Dividend

5.1 Amount

No dividends for AXS!.
Industry RankSector Rank
Dividend Yield N/A

ACCSYS TECHNOLOGIES PLC

AMS:AXS (4/22/2024, 5:21:52 PM)

0.657

+0.02 (+3.63%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryPaper & Forest Products
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap157.13M
Analysts
Price Target
Dividend
Industry RankSector Rank
Dividend Yield N/A
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S
P/FCF
P/OCF
P/B
P/tB
EV/EBITDA
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -12.53%
ROE -23.78%
ROCE
ROIC
ROICexc
ROICexgc
OM 6.75%
PM (TTM) N/A
GM 32.9%
FCFM
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.84
Health
Industry RankSector Rank
Debt/Equity 0.54
Debt/FCF
Debt/EBITDA
Cap/Depr
Cap/Sales
Interest Coverage
Cash Conversion
Profit Quality
Current Ratio 1.74
Quick Ratio 0.91
Altman-Z
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-0.56%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y-41.59%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)41.17%
Revenue growth 3Y21.24%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y