3 IT Stocks going strong over the past year – ALU, EML, APT
Altium Limited (ASX: ALU)
Altium Limited (ASX: ALU) is into information technology. It is into the operation of sales and development of computer Software for the design of electronic products. The company has a primary product which is known for its excellence in native 3D Printed Circuit Board Computer Aided Design.
The company’s revenue growth remained strong with 24% rise in the first half of FY19 to $78.1 million. It reported a record EBITDA margin of 36.3% (36.7% underlying), with strong net profit growth of 58% to $23.4 million. The cash increased by 11.0% to $58 million in the first half of FY19 and the company remained debt-free.
Now, let’s have a glance at the company’s stock performance and the returns it has posted over the past few months. By the end of the trading session, the stock of the company came in at a price of A$32.32, up by 0.466%, with a market capitalization of ~$4.2 billion as on 29 March 2019. The stock has generated a significant YTD return of 48.87%. Its 52-week high price stands at $35.590 and 52-week low price of $18.580 with a PE multiple of 65.56x.
EML Payments Limited (ASX: EML)
EML Payments Limited (ASX: EML) is a company into the operations of payment solutions that serves its businesses or consumers while making the payment experience to be an efficient and secured one. EML provides businesses with proprietary technologies and custom solutions so that it meets the needs of customers globally.
The company announced record first half 2019 group revenues of $47.2 million, an increase of 39.0% on the prior corresponding period, and group EBTDA of $13.74 million, up by 50% on the pro-forma prior comparative period. The company remained debt-free with $50.1 million of cash on hand. The operating cash inflows remained at $17.0 million for 1HFY19.
At the end of the trading session, the stock of EML Payments Limited was trading at $1.755 with a market capitalization of ~$445.45 million. In the past one year, the company has generated significant return of 50.21% and is trading slightly towards 52-Week higher level. Its 52-week high price stands at $1.920 and 52-week low price of $1.055 with a PE multiple of 158.93x.
Afterpay Touch Group Limited (ASX: APT)
Afterpay Touch Group Limited (ASX: APT) is a technology-driven payments company. It allows leading retailers to offer a service based on the principle of buying now and paying later, which helps the end-customers not to enter a traditional loan or pay any upfront fees or interest. Afterpay has currently around 3.5 million active customers and more than 25,000 active retail merchants.
The underlying sales of the company stood at $2.3 billion in 1HFY19, an increase of $1.4 billion or 147% in the prior comparative period. The total income stood at $116.1 million (pro forma), an increase of 91.0% on the prior corresponding period. The company maintained a strong balance sheet to support growth. It has issued equity of $142 million in September 2018, as well as enhanced the diversity and maturity of bank funding including warehouse funding facilities in Australia and new facilities under negotiation in the US.
On the price-performance front, the stock of Afterpay Touch Group Limited traded at $20.950, an increase of ~2.595% during the day’s trade, with a market capitalisation of ~$4.86 billion (at market close on 29 March 2019). The stock has generated a significant return of 201.62% in the past one year and generated positive returns of 13.76% and 68.20% over the past six months and three months period, respectively. Its 52-week high price stands at $23.0 and 52-week low price of $5.26 with an average volume of ~ 2,216,530.
This website is a service of Kalkine Media Pty. Ltd. A.C.N. 629 651 672. The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. Kalkine Media does not in any way endorse or recommend individuals, products or services that may be discussed on this site. Our publications are NOT a solicitation or recommendation to buy, sell or hold. We are neither licensed nor qualified to provide investment advice.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.
As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.