20 May, 2025 (16:00:00 AEST)

Donaco International (DNA: 4.15c) drops 1.2% on miniscule volume; -0.05c [-1.2%]


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Donaco International Limited's (ASX: DNA 4.15c) stock price dropped 0.05c (1.2%) from its previous trading session to close at 4.15c.

Compared with the All Ordinaries Index which rose 48.6 points (0.6%) in the day, the relative price change was -1.8%.

There were 53,080 shares worth $A2,203 traded today; the volume was 0.1 times the average daily trading volume of 916,289 shares.

DONACO INTERNATIONAL (DNA) Stock Dashboard [traded in Australian Dollars, AUD] End-of-Day Tue, May 20

http://www.donacointernational.com
Last4.15c [$A 1 = 100c]
52-Week Price Range2.60c - 4.40c
Ave Daily Volume916,289 shares
Currency1.000 AUD = 0.646 USD
Today's Volume [VI]53,080 [0.1]
Market Cap$A51 million [US$33 million]
ExchangeAUSTRALIAN [ASX]
EPS (FY2024)3.0c
Shares Outstanding1,235,389,382
DNA in IndicesConsumer Discretionary [of 117 stocks]
SectorConsumer Services [Rank by MCap 28 of 47 stocks]
PV$1000 (1 yr) and TRS$A1,169; 16.9%
US$1,128; 12.8%
Days Untraded in Past Month1/20

VI* Volume Index = Number of shares traded today/Average number of shares traded per day.

A year ago the exchange rate was USD 1 = 1.49 AUD. USD1000 would have bought $A1,494. A year ago the Donaco International share price was 3.55c. $A1,494 would have bought 42,081.3 Donaco International shares on that day. Those 42,081.3 shares would be worth $A1,746 at today's share price of 4.15c. At today's exchange rate of USD1=1.55 AUD this is equivalent to USD1,128. PV$1000= $1,128.

Past quarter momentum up: Donaco International soars 38% on extraordinary volume 3.9 times average.

Average monthly volumes have risen in the past quarter and have been consistently above 1.2. In the past month average volumes were 1.7 times average.
Past month to HighLowVWAPVolume Index *
20 May 20250.040.040.041.7
17 Apr 20250.040.040.046.2
20 Mar 20250.040.030.047.8

[*Volume Index of 1.7 means volume for the month was 1.7 times its 12-month average]
[VWAP is defined as the Volume Weighted Average Price; High Low prices and VWAP are shown in AUD]

INDEX

SECTION 1 MOVING ANNUAL RETURN % STOCK VS INDEX
SECTION 2 CORPORATE PROFILE
SECTION 3 THE PAST YEAR: PRESS RELEASES
SECTION 4 TODAY'S BEARISH SIGNALS
SECTION 5 ONGOING BEARISH PARAMETERS
SECTION 6 TODAY'S BULLISH SIGNALS
SECTION 7 ONGOING BULLISH PARAMETERS
Read more...
ANNEXURE

APPENDIX I DATA & ARCHIVE DOWNLOAD CENTER
APPENDIX II STOCK IDENTIFIERS

SECTION 1 MOVING ANNUAL RETURN % STOCK VS INDEX
May 20Last price in AUDAnnual Return of stock, %Return of All Ordinaries Index, %Net return Stock minus Index, %
20250.0416.97.29.7
20240.04-15.58.3-23.8
20230.0420-121
20220.04-37.5-1.1-36.4
20210.0643.624.119.5

Annual return of the stock overperformed return of the Index in each of the past 3 years.

SECTION 2 CORPORATE PROFILE
2.1 Activities
Donaco International Limited is an Australia-based company, which operates leisure and hospitality businesses across the Asia Pacific region. The Company's segments include Casino Operations-Vietnam, Casino Operations-Cambodia, and Corporate Operations. The Casino Operations-Vietnam segment is comprised of the Aristo International Hotel operating in Vietnam. These operations include hotel accommodation, and gaming and leisure facilities. The Casino Operations-Cambodia segment comprises the Star Vegas Resort and Club, operating in Cambodia. Its operations include hotel accommodation and gaming and leisure facilities. The Corporate Operations segment consists of development and implementation of corporate strategy, commercial negotiations, corporate finance, treasury, management accounting, corporate governance, and investor relations functions. Its Star Vegas Resort and Club is a casino resort in Poipet. The Aristo International Hotel is located on the border between China and Vietnam.

It is Australia's 28th largest Consumer services company by market capitalisation.

2.2 Contact Details
Websitehttp://www.donacointernational.com
Physical Addressc/- Lumina BPO Pty Ltd, Level 18, 420 George Street, SYDNEY, NSW, AUSTRALIA, 2000
Phone(02) 9106 2149
Fax(02) 9106 2106

2.3 Industry & Sector [of 165 stocks]
Classification LevelName of Sector
Economic SectorConsumer Cyclicals
Business SectorCyclical Consumer Products
Industry GroupLeisure Products
IndustryRecreational Products

SECTION 3 THE PAST YEAR: PRESS RELEASES
3.1 Press Releases and Corporate Wire

Press Release article 1 of 2, 31 words

October 23 2024: Donaco International announces AGM

Donaco International has announced its Annual General Meeting will take place on Friday, November 22.

Press Release article 2 of 2, 312 words

October 16 2024: Donaco International : Chairman's Statement

From the Chairman

Dear fellow shareholders,

Overall, Donaco recorded FY24 total EBITDA of AU$22.0 million, a substantial increase from prior year's EBITDA of AU$9.6 million. The group recorded total positive operational cash flow of AU$15.0 million, an improvement on FY23's operational cash flow of AU$11.3 million. Additionally, we ended the year with a solid cash and cash equivalents balance of AU$29.3 million as of 30 June 2024.

Following a successful turnaround in FY23, Donaco has continued to grow over the past twelve months. We are pleased to announce that Donaco has made steady progress during the financial year and achieved a group EBITDA of AU$22.2 million, more than doubling from AU$9.6 million in FY23.

Our DNA Star Vegas (Star Vegas) business in Cambodia has continued to improve in FY24. The asset delivered FY24 revenue of AU$25.7 million from FY23 revenue of AU$19.9 million, and EBITDA of AU$16.7 million from AU$10.8 million in FY23. Aristo International Hotel (Aristo) in Vietnam recorded FY24 revenue of AU$13.9 million from AU$4.4 million in FY23, and EBITDA of AU$8.4 million from AU$1.5 million in FY23. This resulted in our group achieving FY24 total revenue of AU$39.5 million compared to AU$24.3 million in FY23.

For the financial year, Donaco reported a statutory net profit after tax of AU$37.0 million. This profit included Aristo's asset impairment reversal of AU$19.8 million, non-recurring other income of AU$4.1 million, and AU$0.1 million late payment penalties on tax. Excluding these factors, our net profit after tax is AU$13.3 million for the financial year.

As we move forward, Donaco will continue to focus on keeping the momentum in recovering Donaco's business while staying vigilant on the ongoing trends and developments shaping the business, including Aristo unredeemed chip tax matter. On behalf of the Board, I thank you for your ongoing support of Donaco.

3.2 Appointment

Fri Mar 21, 2025
Donaco International appoints Laura Newell as joint company secretary
Friday March 21, 2025
Donaco International has appointed Laura Newell as Joint Company Secretary. The appointment takes effect from Mar 21, 2025.

SECTION 4 TODAY'S BEARISH SIGNALS
4.1 PAST WEEK: WEAK MOMENTUM DOWN
DNA dips 1.2% on weak volume 0.7 times average. Compared with the All Ordinaries Index which rose 62.7 points (or 0.7%) in the week, the relative price change was -1.9%.

Donaco International (DNA) underperformed the All Ordinaries Index in 4 out of 5 days.
MayDonaco InternationalClose [AUD]Change %Comment
Tue 20Drops 1.2% on miniscule volume0.04-1.2Steepest Fall
Mon 19Unchanged on feeble volume, 0.1 times average0.040Price fall on slipping relative strength
Fri 16Unchanged on weak volume, 0.6 times average0.040Price fall on slipping relative strength
Thu 15Unchanged on high volume, 2.0 times average0.040VI*=1.96
Wed 14Unchanged on weak volume, 0.5 times average0.040Price fall on slipping relative strength
* RPC - Relative Price Change is % price change of stock less % change of the All Ordinaries Index.
[Volume Index (VI); 1 is average]

4.2 Rank in the bottom 8% by Relative Valuation in the Australian market
DescriptionValueRank
EV/EBITDA2.3In Bottom 8%

SECTION 5 ONGOING BEARISH PARAMETERS
5.1 Total Shares on Issue: 5-Year Increase of 50%
In the past 5 years total shares on issue have increased by 411.8 million (50%) from 823.6 million to 1.2 billion. Buybacks have averaged 764,357 shares [0.1%] per financial year. Based on a dynamic start date of 5 years ago, there has been only 1 decline in issued capital over the last 5 years. An increase in total shares on issue is an unfavourable indicator in Joseph Piotroski's 9 indicators.

Year End (Jun 30)Total Shares on Issue
20241,235,389,382
20231,235,389,382
20221,234,727,414
20211,199,365,413
2020823,261,789
2019823,592,773

5.2 Annualised Period-based Total Shareholder Returns [TSR %]: The Worst Period with TSR < 1.3%
TSR %5 yrs
DNA.ASX1.2

5.3 Declining VWAP, down 13% in 5 years
In the past five years Volume Weighted Average Price (VWAP) has decreased by 12.8% to 4.02c. Based on a dynamic start date of five years ago, there have been declines in VWAP in 3 out of 5 years.
Past five years, 12 months ended May 20 (AUD)
YearHigh PriceVWAPLow Price
20250.040.040.03
20240.050.040.03
20230.070.040.03
20220.060.040.03
20210.090.050.03

5.4 Thinly traded stock: Days Untraded
Past five years, 12 months ended May 20
YearDays Untraded
202570
202475
202345
202216
20218
The stock is thinly traded. Liquidity has deteriorated from 8 Days Untraded five years ago to 70 days in the past year.

SECTION 6 TODAY'S BULLISH SIGNALS
Price/Sales of 1.2 < Consumer Services sector (of 46 stocks) avg of 2.4:
- The price-to-sales ratio of 1.2 indicates undervaluation compared with sector average of 2.4.

6.1 Rank in the top 10% by Relative Valuation in the Australian market
DescriptionValueRank
Price to Book Value0.3In Top 10%

6.2 Rank in the top 17% by Price Performance in the Australian market
DescriptionValueRank
Rel Strength 6 mo91In Top 10%
Price/MAP501.09In Top 17%

6.3 Uptrend

Today's Volatility:
The 6% discount to 12-month high of 4.40c against the 60% premium to 12-month low of 2.60c suggests the stock continues to push for new highs.
Price/Moving Average Price of 1.14:
- The Price/MAP 200 for Donaco International is 1.14. Being higher than 1 is a bullish indicator. It is higher than the Price/MAP 200 for the All Ordinaries Index of 1.02, a second bullish indicator. The stock is trading above both its MAPs and the 50-day MAP of 3.80c is higher than the 200-day MAP of 3.63c, a third bullish indicator.
- The price to 50-day EMAP ratio is 1.1, a bullish indicator. In the past 50 days this ratio has exceeded 1.1, 39 times suggesting further upside. The 50-day EMAP has increased to 3.89c. An increase is another bullish indicator.

Relative Strength (6 months) 91 percentile:

- The stock has a 6-month relative strength of 91 in the Australian market of 1,419 stocks which means it is beating 91% of the market.

6.4 Other Bullish Signals
- Total Liabilities/EBITDA of 1.5 is less than 5, this compares favourably with the Joseph Piotroski benchmark of 5.
- Return on Capital Employed of 24.3% versus sector average of 0.8% and market average of 1.7%.
- Interest cover defined by EBIT/I is 23.1 times. This indicates it is less leveraged.
MCap/Total Assets:
- Tobin's Q Ratio, defined as MCap divided by Total Assets, is 0.3. Compared with the rest of the market the stock is undervalued and ranks in the top quartile of stocks by value of Q Ratio.

SECTION 7 ONGOING BULLISH PARAMETERS
7.1 Rule of 40
The stock scores a favorable score exceeding 40 when using the Rule of 40 (Revenue Growth plus EBITDA margin). Y.o.y revenue growth of 79%, EBITDA margin is 74.4% and the sum of the two 153.8% needs to exceed 40%.

7.2 Rank in the top 17% by Gearing in the Australian market
DescriptionValueRank
Interest Cover23.1In Top 17%

7.3 Rank in the top 18% by Performance in the Australian market
DescriptionValueRank
Net Profit Margin %87.7In Top 8%
EBITDA Margin %74.4In Top 18%

7.4 Rank in the top 10% by Productivity in the Australian market
DescriptionValueRank
Return on Assets [ROA] %19.1In Top 6%
Return on Equity [ROE] %25.0In Top 9%
Return on Capital Employed [ROCE] %24.3In Top 10%

7.5 Present Value of AUD1000 Invested in the Past [3 Mo, 1 Yr, 3 Yrs]; The Best Periods with PVAUD1000 > 1,168
PVAUD1,0003 mo ago1 yr ago3 yrs ago
DNA.ASX$A1,383$A1,169$A1,186
Consumer Services sector$A832$A982$A747
All Ordinaries Index$A1,010$A1,054$A1,160

7.6 The Best Periods [3 Mo, 1 Yr, 3 Yrs] with Price Change % > 16.8
3-Year price change of 18.6% for Donaco International outperformed the change of 17.4% in the All Ordinaries Index for a relative price change of 1.2%.
Price Change %QuarterYear3 Years
Donaco International38.316.918.6
Consumer Services sector-17.1-0.8-23.8
All Ordinaries Index-1.46.117.4

7.7 MCap: 5-Year Increase of $A19 M (59%)
In the past 5 years Market Capitalization has increased by $A19.1 million (59%) from $A32.2 million to $A51.3 million. Based on a dynamic start date of 5 years ago, there have been declines in MCap in 2 out of 5 years.
PriceMCap (AUD M)MCap ($ M)
Last4.15c51.333.1
1 Year ago3.55c43.929.3
2 Years ago4.20c51.934.6
3 Years ago3.50c43.230.3
4 Years ago5.60c69.253.5
5 Years ago3.90c32.221

7.8 Created Market Value [CMV] past 5 yrs of $A6.7 million
- Market Capitalization has increased by $A19.1 million from $A32.2 million to $A51.3 million in the last 5 years. This increase comprises cumulative retained earnings (RETE) of $A12.4 million and Created Market Value of $A6.7 million. The Created Market Value multiple, defined by the change in MCap for every AUD1 of retained earnings is $A1.54.

7.9 Annualised Period-based Total Shareholder Returns [TSR %]: The Best Periods with TSR > 5.7%
TSR %1 yr3 yrs
DNA.ASX16.95.8

7.10 Low Debt to Equity (%) and Reducing
The debt to equity ratio of 15.2% is under a safe benchmark figure of 50%. Moreover, it has improved from 22.8% a year ago.
YearsDebt to Equity (%)
Jun 202415.15
Jun 202322.76
Jun 202216.58
Jun 20216.85
Jun 202021.06

7.11 Increased Volume, up 44% in 5 years
In the past five years, Average Daily Volume of Trading (ADVT) has increased 43.6% to 916,289 shares.
Avg. Daily Volume Traded 12 months ended May 20, thousand shares
YearADVT
2025916.3
2024305.1
2023373.5
2022535.2
2021638.1

7.12 Increased share turnover, up 25% in 5 years
In the past five years, average daily share turnover has increased 25.1% to $A36,222. This suggests increased liquidity.
Past five years, 12 months ended May 20 (AUD thousand)
YearAverage Daily Turnover
202536.2
20248.3
202313.7
202219.7
202128.9

7.13 Satisfies two criteria of Benjamin Graham
- "A stock price down to at least two-thirds of tangible book value per share"; the price is 0.33 times tangible book value per share of 12cents.
-""Total debt less than tangible book value""; total debt of AUD23.2 million (US$15.5 million) is less than tangible book value of AUD153.2 million (US$102.1 million).

7.14 Satisfies 5 out of 9 criteria of Joseph Piotroski [pass mark 5]:
- Positive net income.
- Positive operating cashflow.
- Improvement in current ratio from 0.3 to 0.8.
- Total shares on issue unchanged.
- Improvement in asset turnover [growth in revenue of 79.4% exceeded growth in assets of 10.5%].

But does not meet the following 4 criteria of Joseph Piotroski:
- Return on Assets improvement.
- Good quality of earnings [operating cashflow exceeds net income].
- Improvement in long-term debt to total assets.
- Improvement in gross margin.

APPENDIX I DATA & ARCHIVE DOWNLOAD CENTER

DNA: EXPORT DATA TO EXCEL:

+ PRICE VOLUME - 5-YEAR HISTORY
+ FINANCIALS - 10-YEAR HISTORY [INCLUDING FY 2024]:
+ PEER COMPARISON

DNA: OTHER INFORMATION:

+ PRICE VOLUME CHARTS
+ USD vs AUD EXCHANGE RATE CHARTS IN HTML

APPENDIX II STOCK IDENTIFIERS
ISIN: AU000000DNA0
PermID: 4295858414
CUSIP: Q32504104
RIC: DNA.AX


Disclaimer: While this document is based on information sources which are considered reliable, it has been prepared without consideration of your specific investment objectives, financial situation or needs, so you should carry out your own analysis or seek professional investment advice before an investment decision is made. The document contains unbiased, independent equities data and analysis from Jupiter International (Australia) Pty Ltd trading as BuySellSignals (AFS Licence 222756), who provide round the clock analysis on every stock, every sector, every market, every day. BuySellSignals is not a broker, and does not have executing, corporate advisory or investment banking functions. Jupiter International (Australia) Pty Ltd, its directors, employees and contractors do not represent, warrant or guarantee, expressly or impliedly, that the information contained in this document is complete or accurate.

Data for the BuySellSignals algorithms is drawn from annual reports, company websites and similar sources of publicly available data. It should be used as a guide only.

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