NO LOGO
Floated in mid-2014 for a cool $1B (~$1.65ps), AHY rose to height of $1.28B ($2.33ps) two years later before crashing to $337m ($0.62ps). A Bargain?
Financial Year:

2012 to 2017

Extra Notes | Research

LIVE DATA | CHART SAMPLER

Come standard with every research profile: 206 KEY FINANCIAL METRICS. 49 INTERACTIVE CHARTS. 3 VALUE CALCULATORS. 47 VALUATION KPIs. 41 PRICING ALGORITHM. 6 PRICE vs VALUE CHARTS...

DESCRIPTION

Asaleo Care Limited [AHY.ASX] FY: 2012 to 2017


At the current $0.90 per share ($490m), AHY is down from its height of $2.33 ($1.28B) just a couple odd years ago.


With AllanGray - one of Australias rising contrarian fund managers - increasing their holdings from the initial $40m for 5.09% at $1.47ps entry to 16.18% by early 2019, averaging down to $1.11.


Is Asaleo Care a bargain waiting to pop or am I going to make an azz out of myself telling highly paid professionals theyre wasting their clients $97m?
 
btw...
As standard in each investment profile, DangInvestor structured the steps, work out the key financial metrics from the companys financial statements. i.e we roll our own stuff here.
Use Live and Interactive features to further build your research on.

Extras...
Besides the annual reports, share price files attached. I also include a brief background discussion on AHY. Pointing to key charts and metrics I found important to the understanding of Asaleo.


Below outline the discussion.

Table of Contents

OVERVIEW                                                                                                   2

PRICE | VALUE                                                                                            2      
       Current Price vs Value
       A Guess: How the market might be pricing it.
       Management Too Optimistic?
       Enter Allan Gray

FINANCIAL POSITION                                                                                6
       Contributed Equity | Retained Earnings | Dividends 
       Debt & Financing Capacity 
       Capital Structure and the $100M Buy‐Back
       Becoming HomeBrand

FINANCIAL PERFORMANCE                                                                      11
       Sales vs Inventory
       Sales is Coming. Receivables a bit later
       Returns and Margins Decline


Thanks for your support.
Luu



FINANCIAL DATA

18 buyers' feedback
Incomplete | Inaccurate Financials?
Misleading Docs | References?
Not as Advertised?

ALL YOUR MONEY BACK

$AUD

$2.75


PURCHASES ARE ANONYMOUS
(Seller will only see your money. Not your name.)
[ DANGCORP DO NOT SEE OR STORE YOUR CC DETAIL ]

* Non-Australian cardholder, please contact your financial institution to confirm if there are any international settlement fees and charges. Some provider may charge 0%, others up to 1.0% or more on the purchase price. Please confirm before you proceed to check out.

UNIQUE | INDEPENDENT

From the financial analysis to the valuation scenarios... we simplified and structured.

From researcher's notes to commentaries... our Live, indepdendent, verifiable tools and metrics.

INTELLIGENT INVESTING. CASE BY CASE.

OUR METHODS & PRINCIPLES

OTHER RESEARCH

SEE MORE RESEARCH LISTING

Contact

Don't hesitate to contact us with any issue, concern, question, feedback.

If you need a similar system for your team, integrating with various existing business systems, datafeed, work processes... Let us know.
We have extensive experience developing and integrating enterprise business systems for some of Australia's largest publicly listed corporations and government departments.

Email

Check Our Progress

WARNING | DISCLAIMER
Do not take anything anyone said as financial advice. Not from us, not from our members.
We are not licensed to give financial advice.
So please use the software as intended - one of the tools in your investment research. There's no hidden secret, no code or algorithm revealing anything smarter people haven't said or known before... Though to be fair, it is quite an awesome piece of software engineering...
Still... it could be dangerous to your financial health to blindly take our two cents.
In fact, we're just a bunch of cowboys who reckon the new frontier of high finance is the old school, back to basic, getting to understand what business you're getting yourself into. That and we can do a bit of coding. That's it.
DangInvestor is just an accounting software. Though we specialises in the analysis and valuation of businesses, try to be as accurate, independent, honest and transparent in all our work... you just never know. I mean, we're capitalists, not your typical Kindergarten Teacher.
Copyright Dangcorp Pty.Ltd. © 2019 | All Rights Reserved
DangInvestor | Intelligent Investing