Algae.Tec Limited (AEB)



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General Information
Company Name: Algae.Tec Limited
Stock Code: AEB
Website: www.algaetec.com.au
GICS Sub-Industry: Biotechnology
Market Cap ($M): 22
Equiv. Shares (M): 296

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
 $ 0.075 $ 0.075 $ 0.075 $ 0.075 $ 0.072 7,000 $ 0.003  4.167 %

Company Overview

Business Description:
Algae.Tec Limited (AEB) is a biofuel company focused on commercialising technology that produces algae to manufacture sustainable fuels such as biodiesel and green jet fuel. AEB has developed a high-yield enclosed algae growth and harvesting system, the McConchie-Stroud System. AEB has offices in Atlanta, Georgia and Perth, Western Australia. AEB has partnerships with the Manildra Group, Lufthansa, Holcim Lanka Ltd, Lufthansa, Macquarie Generation and the Shandong Kerui Group Holding Ltd. The principal activity of the Group is currently to produce algal oil and algal biomass for sale as feedstock to producers of biodiesel, jet fuel and ethanol.


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2014  A -2.2 -1.0 -- 0.0 0.0 0.0 --
2013  A -4.4 -2.0 -- 0.0 0.0 0.0 --
2012  A -6.8 -2.6 -- 0.0 0.0 0.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2012 A 2013 F 2014 F 2012 A 2013 F 2014 F 2012 A 2013 F 2014 F
Algae.Tec (AEB) $21 M -- -- -- -- -- -- 0.00 -- --
Bionomics (BNO) $175 M -- 6.3117 0.3108 54.5455 7.4600 5.6911 0.00 0.00 0.00
CSL (CSL) $40,487 M 0.0899 0.2398 0.0991 29.8526 24.0795 21.9077 1.41 1.77 1.88
Mesoblast (MSB) $1,303 M -- -- -- -- -- -- 0.00 0.00 0.00
Sirtex Medical (SRX) $1,462 M 0.2906 0.5174 0.3448 62.6392 41.2797 30.6953 0.54 0.65 1.04

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
AEB -- -- 12.5 -- 7.08
Market 1.02 13.7 0.96 0.99 2.90
Sector 0.81 16.3 2.51 1.44 7.24

Directors
Name Position Start Date
Mr Peter Ernest Hatfull Company Secretary,Managing Director 18 January 2010
Mr Garnet (Earl) Earl McConchie Executive Director 18 August 2008
Mr Malcolm James Non-Executive Chairman 16 September 2014

Substantial Shareholders
Holding Name
200,001 (72.10%) Teco Bio LLC

Calendar of Events
Date Event
28 September 2015 Report (Annual)
28 August 2015 Report (Prelim)
27 February 2015 Report (Interim)
© 2011 Morningstar, Inc. All rights reserved. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for use or distribution of any of this information. To the extent that any of the content above constitutes advice, it is general advice that has been prepared by Morningstar Australasia Pty Ltd ABN: 95 090 665 544, AFSL: 240892 (a subsidiary of Morningstar, Inc.), without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain financial, legal and taxation advice before making any financial investment decision. If applicable investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). DISCLOSURE: Employees may have an interest in the securities discussed in this report. Please refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/fsg.asp.

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