ASX Share rice
Thu 06 Aug 2020 - 01:45:am (Sydney)

AEF Share Price

AUSTRALIAN ETHICAL INVESTMENT LIMITEDAEFDiversified Financials

AEF Company Information

Name:

Australian Ethical Investment Ltd

Sector:

Financial Services

Industry:

Asset Management

GIC Industry:

Capital Markets

GIC Sub Industry:

Asset Management & Custody Banks

Address:

130 Pitt Street Sydney NSW Australia 2000

Phone:

61 2 8276 6288

Chief Financial Officer:

Mr. Mark Simons

Chief Operating Officer:

Ms. Kim Heng

Chief Investment Officer:

Mr. David Macri

Gen. Counsel & Company Sec.:

Mr. Tom May BA, LLB, MBA, FGIA, MAICD

Head of People & Culture:

Ms. Fiona Horan

Company Overview:

Australian Ethical Investment Ltd is a publicly owned investment manager. The firm launches and manages equity, fixed income, and balanced mutual funds for its clients. It invests in the public equity and fixed income markets across the globe. The firm invests in education, energy, electricity transmission & distribution, government, health & wellbeing, food production, telecommunications, transport, recycling and waste management, sustainable products & materials, Information technology, software and professional services, media, property, recreation financial services. The firm employs fundamental analysis to create its portfolios. Australian Ethical Investment Ltd was founded in 1986 and is based in Sydney, Australia.

AEF Share Price Information

Shares Issued:

112.39M

Market Capitalisation:

$630.49M

Dividend per Share:

$0.05

Ex Dividend Date:

2020-03-04

Dividend Yield:

0.89%

Revenue (TTM):

$44.55M

Revenue Per Share (TTM):

$0.41

Earnings per Share:

$0.071

Profit Margin:

0.1785

Operating Margin (TTM):

$0.26

Return On Assets (TTM):

$0.29

Return On Equity (TTM):

$0.47

Quarterly Revenue Growth (YOY):

0.181

Gross Profit(TTM):

$25.55M

Diluted Earnings Per Share (TTM):

$0.071

QuarterlyEarnings Growth(YOY):

0.388

AEF CashFlow Statement

CashFlow Date:

2019-06-30

Investments:

$-333,000

Change To Liabilities:

$1.34M

Total Cashflow From Investing Activities:

$-333,000

Net Income:

$6.61M

Total Cash From Operating Activities:

$8.41M

Depreciation:

$362K

Dividends Paid:

$-4,876,000

Change To Account Receivables:

$-1,527,000

Sale Purchase Of Stock:

$-855,000

Capital Expenditures:

$333K

AEF Income Statement

Income Date:

2019-06-30

Income Before Tax:

$9.08M

Net Income:

$6.61M

Gross Profit:

$40.47M

Operating Income:

$8.65M

Other Operating Expenses:

$8.49M

Income Tax Expense:

$2.47M

Total Revenue:

$40.47M

Total Operating Expenses:

$31.82M

Cost Of Revenue:

$15.43M

AEF Balance Sheet

Balance Sheet Date:

2019-06-30

Total Liabilities:

$10.31M

Total Stockholder Equity:

$17.01M

Other Current Liabilities:

$1.02M

Total Assets:

$27.32M

Common Stock:

$10.63M

Other Current Assets:

$1.54M

Retained Earnings:

$5.59M

Other Liabilities:

$840K

Other Assets:

$2.31M

Cash:

$18.83M

Total Current Liabilities:

$9.47M

Property - Plant & Equipment:

$1.75M

Net Tangible Assets:

$17.01M

Long-Term Investments:

$582K

Total Current Assets:

$23.18M

Net Receivables:

$2.38M

Short-Term Investments:

$4.14M

Accounts Payable:

$112K

Non Currrent Assets (Other):

$4.14M

Short-Term Investments:

$4.14

Non Current Liabilities Total:

$840K

AEF Share Price History

AEF News

09 Jul, 2020
(Bloomberg) -- Australian Ethical Investment Ltd.’s David Macri has had a good crisis. His funds are beating their peers, inflows are strong and the firm’s stock price has more than tripled in the past year.His secret? Betting that nothing has really changed.“We’ve absolutely stuck to the process and what we think value is,” Macri, the firm’s 44-year-old chief investment officer, said in a recent interview. “No one has a lot of conviction around near-term earnings. Nobody knows how long the recovery will take. It really focuses the mind on what the underlying value of a stock or a security is.”The fund’s investment screening process is two-fold. A negative-screen to exclude the likes of tobacco, then a positive-screen to look for companies that are actively contributing to its priorities -- including technological innovation and sustainability -- and offer long-term relative value.With Australian companies on a capital raising blitz -- more than 15% of companies have tapped the market since March -- Macri says there have been lots of opportunities to invest at a good price. He’s put A$55 million ($38 million) into 25 raisings with a focus on technology and healthcare.“It’s hard to form a view that the impact of Covid isn’t temporary,” said Macri. “There is going to be nuance, hiccups and changing behaviors, but fundamentally we should return to some kind of normal.”While ethical investing isn’t new -- Australian Ethical started in 1986 -- its sharp growth in popularity over the past few years means for many investors this is the first chance to see how ESG-focused portfolios perform in a crisis. Positive inflows as well as investment gains lifted the firm’s assets under management about 9.2% in two months to A$3.9 billion by the end of May.For a strategy that makes no claims about short-term performance, that’s been better than perhaps expected. In Finland, the CIO of the $26 billion Elo Mutual Pension Insurance Co. said in June ESG-compliant securities have been more resilient in the crisis, suggesting that’s because the business models of responsible companies are based on more solid foundations.Across major developed markets, stocks with strong ESG characteristics are marginally ahead of their peers, according to Bloomberg data.Read More: Emerging Markets ESG Shine in Pandemic, Now to Find MoreAustralian Ethical’s balanced fund has beaten 9 out of 10 peers this year and is flat, compared with a decline of more than 4% for competitors, according to data compiled by Bloomberg. It’s also topped 95% of similar funds over the past five years, the data show.Macri, who has been at the firm since 2009, puts performance in the short-term crisis entirely down to the long-term approach. Not holding oil, for example, insulated it from the chaos caused by plunging prices.Secondly, they don’t hug the index. Whereas the S&P/ASX 200 is dominated by banks and big resource companies like BHP Group Ltd. and Rio Tinto Ltd. (neither of which they own), their portfolios have a higher weighting to small caps -- 61% of their Australian shares fund is in smaller companies -- and within that sectors like IT and healthcare.Key long-term holding Fisher & Paykel Healthcare Corp., which makes ventilation and respiratory support equipment, is up 122% over the past year.Another stock, Westpac Banking Corp., is still reeling from allegations in November of a mass breach of anti-money laundering laws, including some customer payments allegedly linked to child exploitation. While the company has admitted to the vast majority of 23.5 million breaches, it argues they were technical rather than systemic breaches. The court case is ongoing.“We did a lot of research, we spoke to them a lot, we spoke to industry participants and we formed the view that it wasn’t a systemic issue,” Macri said. “They could have done things a lot better, absolutely, but that in and of itself didn’t mean that it would be cause for us to divest.”For Macri, robust performance in the crisis is welcome, but not the point. Ever since ethical investment moved from niche to mainstream a decade ago the perennial question has been whether they can actually deliver superior returns in the long term.“Hopefully, that myth is put to bed,” Macri says. “From a global perspective you can see that things are shifting.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

AEF Dividend Payments

EX-Date Dividend Amount
2010-03-04$0.5000
2010-09-20$1.5000
2011-03-06$0.4500
2011-09-19$1.2500
2012-03-08$0.2500
2012-09-10$0.3500
2013-03-07$0.4000
2013-09-10$0.4500
2014-03-02$0.8000
2014-09-12$1.2000
2015-03-10$0.8000
2015-09-14$1.2000
2016-03-08$1.2000
2016-09-08$1.8000
2017-03-08$0.5000
2017-09-07$0.0210
2018-02-28$0.0165
2018-09-06$0.0235
2019-02-27$0.0200
2019-09-03$0.0300
2020-03-03$0.0250

AEF Dividends (last 11 Years)