Accsys Technologies (AXS) AI Stock Analysis

• Market Cap: £106.90M
• Dividend Yield: N/A
• Average Volume (3M): 156.63K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.63
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: UK
• Employees: 212
• Sector: Basic Materials
• Sector Strength: 56
• Industry: Forestry
• EPS (TTM): -0.11
• Shares Outstanding: 240,409,070
• 10 Day Avg. Volume: 103,021
• 30 Day Avg. Volume: 156,627
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 94.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Accsys Technologies has a mixed financial performance with challenges in profitability and revenue sustainability. Technical indicators suggest short-term momentum, but valuation metrics highlight concerns due to negative earnings. Positive corporate events provide optimism about future growth potential and strategic direction, partially offsetting current financial weaknesses.

Accsys Technologies Business Overview & Revenue Model

Company Description

Accsys Technologies (AXS) is a UK-based chemical technology company specializing in the production of high-performance, sustainable wood products. The company operates primarily in the timber and building materials sectors, providing innovative solutions through its proprietary acetylation process. Accsys' core products include Accoya wood, a modified wood product with enhanced durability and stability, and Tricoya, a wood element used in the manufacture of durable and stable wood panels.

How the Company Makes Money

Accsys Technologies generates revenue primarily through the sale of its modified wood products, Accoya and Tricoya. The company earns money by producing and distributing these products to customers in the construction and manufacturing industries. A significant portion of their revenue stems from licensing agreements and partnerships, allowing other companies to utilize Accsys' patented acetylation technology. This business model facilitates a stable income stream through direct product sales and royalties from technology licensing. Additionally, Accsys invests in strategic partnerships to expand its production capacity and market reach, contributing to increased sales and revenue growth.

Accsys Technologies Financial Statement Overview

Summary

Accsys Technologies faces challenges in revenue growth and profitability, with a fluctuating income statement. The balance sheet shows moderate leverage but negative returns on equity. Cash flows have improved but are still under pressure due to negative earnings. The company needs to focus on stabilizing revenue and enhancing profitability to improve its financial health.

Income Statement

Accsys Technologies has shown a volatile revenue trajectory with a recent decline to $136.17 million from $162.02 million. The gross profit margin is moderate at 30.02%, but the company is struggling with profitability, evident in negative EBIT and net profit margins of -6.79% and -13.12% respectively. The overall income statement reflects challenges in maintaining consistent revenue growth and improving profitability.

Balance Sheet

The company's debt-to-equity ratio stands at 0.54, indicating moderate leverage. It has maintained a stable equity base with an equity ratio of 56.57%. However, the return on equity is negative at -15.03%, reflecting a need for improving efficiency in generating returns on shareholders' equity. The balance sheet demonstrates moderate leverage but highlights issues in profitability sustainability.

Cash Flow

Operating cash flow remains positive at $7.20 million, with a free cash flow of $3.72 million indicating improved cash generation capability from the previous year's negative free cash flow. The operating cash flow to net income ratio of -0.40 indicates reliance on external financing or other sources to cover negative net income. Overall, cash flow is improving but still indicates potential risk from negative earnings.

Breakdown
Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
136.17M	162.02M	120.85M	99.80M	94.11M
	Gross Profit
40.88M	55.17M	36.00M	33.09M	30.71M
	EBIT
-9.24M	15.29M	4.46M	4.53M	4.56M
	EBITDA
-3.69M	-55.99M	9.19M	8.93M	8.75M
	Net Income Common Stockholders
-17.86M	-39.04M	2.34M	477.00K	2.42M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
27.43M	26.59M	42.05M	47.60M	37.24M
	Total Assets
209.97M	226.52M	275.14M	228.10M	207.41M
	Total Debt
64.54M	70.66M	69.21M	59.82M	62.43M
	Net Debt
37.12M	44.06M	27.15M	12.22M	25.20M
	Total Liabilities
91.16M	104.02M	102.27M	91.50M	80.27M
	Stockholders Equity
118.81M	122.50M	137.34M	99.44M	92.69M
Cash Flow		Free Cash Flow
3.72M	-13.04M	-42.34M	8.53M	-19.66M
	Operating Cash Flow
7.20M	16.73M	2.27M	20.20M	2.38M
	Investing Cash Flow
-8.40M	-59.27M	-48.89M	-13.68M	-22.57M
	Financing Cash Flow
1.74M	25.55M	38.74M	3.77M	48.61M

Accsys Technologies Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 45.10
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:AXS, the sentiment is Positive. The current price of 45.1 is above the 20-day moving average (MA) of 42.38, above the 50-day MA of 43.53, and below the 200-day MA of 49.61, indicating a neutral trend. The MACD of 0.53 indicates Negative momentum. The RSI at 55.18 is Neutral, neither overbought nor oversold. The STOCH value of 70.45 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:AXS.

Accsys Technologies Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CRH	82 Outperform	£65.96B	19.44	16.07%	1.81%	1.78%	15.53%
GFRD	77 Outperform	£362.57M	9.48	35.97%	4.06%	27.20%	318.27%
BKG	75 Outperform	£3.62B	10.01	11.03%	1.89%	0.39%	-17.64%
WOSG	74 Outperform	£1.08B	26.02	7.71%	―	1.45%	-61.69%
KIE	69 Neutral	£601.18M	14.60	9.87%	3.58%	15.51%	4.30%
AXS	57 Neutral	£106.90M	―	-31.82%	―	―	―
Sector *	47 Neutral	$2.64B	-4.00	-31.55%	3.33%	2.93%	-29.90%

Accsys Technologies Corporate Events

Hoogh Blarick B.V. Increases Stake in Accsys Technologies

Accsys Technologies PLC has announced that Hoogh Blarick B.V. has increased its stake in the company by acquiring additional shares, raising its voting rights to 15.557%. This acquisition reflects a growing confidence in Accsys Technologies’ market position and could potentially strengthen its influence in the sustainable wood products industry.

Accsys Technologies Updates on Major Shareholding Changes

Accsys Technologies PLC has announced that Hoogh Blarick BV and Teslin Participaties Coöperatief UA have ended their shared relationship agreement with the company, although Teslin will continue its individual agreement with Accsys. This change has resulted in a significant reduction of the voting rights held by Hoogh Blarick from 29.28% to 14.29%, which may impact the company’s governance dynamics and stakeholder influence.

Accsys Announces Changes in Shareholding Agreements

Accsys Technologies PLC announced that Teslin Participaties Coöperatief U.A. and Hoogh Blarick BV have terminated their shared relationship agreement with the company, although Teslin continues to hold shares and maintains a relationship agreement with Accsys. This change in shareholding and voting rights structure might impact the company’s governance dynamics, potentially influencing its strategic decisions and stakeholder relationships.

Accsys Technologies Unveils Ambitious Growth Strategy

Accsys Technologies announced its FOCUS strategy during the Investor Strategy Day, outlining a three-phase plan to enhance operational and financial performance. The strategy aims to expand the company’s global manufacturing footprint, optimize existing operations, and pursue growth opportunities, with a focus on maximizing shareholder value and maintaining strong cash flow. Key targets include increasing sales volume, reducing debt, and achieving higher EBITDA margins, which positions Accsys for sustainable growth and increased market competitiveness.