Investors who look for higher returns and value investments eyes towards small-cap stocks. With high returns comes the higher risk. One should be crystal clear of his/her risk appetite for exploring some of the best opportunities in small-caps. Three such small-cap stocks are MNF Group Limited (ASX: MNF), Australian Ethical Investment Limited (ASX: AEF), and Axiom Properties Limited (ASX: AXI). Let’s assess the performance of these companies based on the recent report and stock performance.
MNF Group Limited (ASX: MNF)
Telecommunication sector company, MNF Group Limited (ASX: MNF) is engaged in providing voice, data and cloud-based communication and communication enablement services to residential, business, government and wholesale customers in Australia and globally. It operates in three main segments such as Domestic Retail, Domestic Wholesale and Global Wholesale.
The company recently announced the change in its director’s interest, where Mr. Rene Sugo holding an indirect interest acquired 5,901 ordinary shares at a value of $22,482.81, taking the final holdings to 11,915,431 shares and 150,000 unquoted options.
In its H1 FY19 results, the group reported a decrease in its revenue by 16% pcp to $98.1 million. Its EBITDA decreased by 16% pcp to $9.8 million, and NPAT decreased by 49% pcp to $3.1 million.
On the stock information front, at market close on 18 April 2019, the stock of MNF Group was trading at $4.580, up 4.091% with a market capitalisation of ~$322.99 million. Today, it touched day’s high at $4.590 and day’s low at $4.40, with a daily volume of 80,005. Its 52 weeks high price stands at $6.10 and 52 weeks low price at $3.51, with an average volume of 64,390. Its absolute return for five years, one year, six months, and three months are 113.81%, -17.46%, 0.22%, and 12.81%, respectively.
Australian Ethical Investment Limited (ASX: AEF)
Financial sector company, Australian Ethical Investment Limited (ASX: AEF) acts as a responsible entity for a range of public offer ethically managed investment schemes and act as the trustee of the Australian Ethical Retail Superannuation Fund. The company recently announced its earnings guidance and quarterly funds under management (January-March 2019). It expects its underlying net profit after tax for the 12 months ending June 30, 2019, to be in the range of $5.7 million and $6.2 million, up by 19% compared to the previous period. Its funds under management are expected to increase by 10% pcp to $3.13 billion for the quarter ended March 31, 2019, predominantly due to strong market movements.
On the stock information front, at market close on 18th April 2019, the stock of Australian Ethical was trading at $2.350, up 1.293% with a market capitalisation of ~$260.06 million. Its PE multiple stands at 41.13x, and its EPS was reported at A$0.056. Its annual dividend yield is reported at 1.88%. Today, it touched day’s high at $2.390 and day’s low at $2.340, with a daily volume of 51,024. Its 52 weeks high stands at $2.87 and 52 weeks low at $1.24, with an average volume of 64,189. Its absolute return for five years, one year, six months, and 3 months are 625%, 69.43%, 45.01%, and 37.28%, respectively.
Axiom Properties Limited (ASX: AXI)
Real estate sector company, Axiom Properties Limited (ASX: AXI) is engaged in property investment and development. The company recently announced its performance for the quarter ended March 31, 2019, where it reported cash reserves of $10.008 million, a decrease of $756,001, including net operating cash outflows for the March quarter of $675,704, net investing cash outflows of $102,769, and net financing cash inflows of $22,472. Axiom aims to generate superior returns for its shareholders by exploring new opportunities and investing in the strategically important locations, such as Double Bay Project in Sydney and Currie Street Project in Adelaide.
On the stock information front, at market close on 18th April 2019, the stock of Axiom Properties was trading at $0.039, with a market capitalisation of $16.49 million. Its 52 weeks high price stands at $0.046 and 52 weeks low at $0.035, with an average volume of 63,012. Its absolute return for five years, one year, six months, and three months are 70.58%, 1.75%, -13.64%, and -13.64%, respectively.
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