ASH ASX Week ended 31 Jul 2026

Weekly Investor Report

Ashley Services Group Limited · Industrials · Staffing & Employment Services

Latest close 0.28 AUD
1.9% latest week
Weekly setup

Constructive, but selective

The weekly trend is active. Price is 18.7% above the Trend Line and sits at 96.1% of its 52-week range. The latest completed week returned 1.9%, after a 1.9% four-week move. The latest factor snapshot indicates quality ranks strongly versus its universe; growth ranks weakly; valuation is inexpensive relative to peers. The latest news-sentiment score is 52/100. Near-term considerations: price is close to its 52-week high; volume confirmation is below normal.

Setup score 63 out of 100
Latest Close 0.28 AUD 31 Jul 2026
1W Return 1.9% latest completed week
4W Return 1.9% short-term follow-through
12W Return 31.0% quarterly tape
Trend Breadth 59.6% 31 of 52 weeks active
Volume Ratio 0.6x vs 13-week average
What is working
  • The trend backdrop is active with a 8-week active streak.
  • Price is above the Trend Line, keeping the weekly tape constructive.
  • Price is above Fair Value, showing premium demand versus the model.
  • Activity pressure is positive on the latest completed week.
What could go wrong
  • Next-week expectancy is negative at 41.14% based on similar historical setup states.
What to watch next
  • Price is close to its 52-week high; watch for continuation or exhaustion.
  • Trend Line remains the key weekly regime level.
  • Activity pressure is the gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
01 · Price action

Where price is—and whether the trend supports it

The weekly trend is active. Price is 18.7% above the Trend Line and sits at 96.1% of its 52-week range. The latest completed week returned 1.9%, after a 1.9% four-week move.

Study the full chart

52-week price path

Price vs Trend Line and Fair Value
Price Trend Line Fair Value
02 · Volume and demand

Is real participation confirming the move?

Latest weekly volume is 0.6x the 13-week average. Participation is below its recent norm, so price strength is not receiving full volume confirmation.

26-week volume confirmation

Bar height shows volume; colour shows the weekly price direction
6 Feb 13 Feb 20 Feb 27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun 19 Jun 26 Jun 3 Jul 10 Jul 17 Jul 24 Jul 31 Jul
Up week Down week
Demand beneath price

Activity pressure and institutional-style signals

These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.

Activity pressure path

Latest 0.8012-week average 0.58

12-week confirmation

Trend active8/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure7/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership12/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.80Current proprietary activity-pressure read.
Buy signals1Accumulation signal count in the latest 12 weeks.
Reversal markers0No reversal markers

No recent accumulation markers. No reversal markers.

03 · Momentum and leadership

Is performance persistent—and is the stock leading?

Performance is 1.9% over four weeks, 31.0% over 12 weeks, and 56.6% over one year. The current trend has remained active for 8 consecutive weeks.

Performance by holding period

1W1.9%
4W1.9%
12W31.0%
26W15.9%
52W56.6%
Active trend streak8 weeks
Active weeks in one year31
Trend breadth59.6%

Activity pressure vs relative leadership

Activity pressureRelative leadership
Pressure0.97Latest activity-pressure read.
Pressure change23.3%Four-week change in activity pressure.
Leadership28.73Latest relative-leadership reading.
RS change-13.6%Four-week change in relative leadership.
04 · Fundamentals and valuation

What investors are paying for—and the quality behind it

The latest factor snapshot indicates quality ranks strongly versus its universe; growth ranks weakly; valuation is inexpensive relative to peers.

Open full factor analysis
Factor week 26 Jul 2026 Financial statements through 30 Jun 2025 Field coverage 85% Model confidence 45%

Relative factor standing

Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.

Overall factor strength100/100Blend of value, momentum, and quality. Underlying universe rank 1; rank 1 is best.
Value97/100Relative valuation strength. Underlying universe rank 4; rank 1 is best.
Quality94/100Profitability and accounting quality. Underlying universe rank 7; rank 1 is best.
Momentum97/100Medium-term price momentum. Underlying universe rank 4; rank 1 is best.
Growth17/100Revenue and earnings growth. Underlying universe rank 84; rank 1 is best.
How to read this

Quality and valuation are separate questions

A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.

Value-quality framework80/100Value and quality alignment from the Sharemaestro SVQF framework.

Valuation

How much investors are paying for earnings, sales, and cash flow.

P/E
18.5x
Price divided by trailing earnings.
Price / sales
0.1x
Market value relative to trailing revenue.
EV / EBITDA
5.9x
Enterprise value relative to operating cash earnings.
Free-cash-flow yield
14.7%
Free cash flow as a share of enterprise value.

Business quality

Margins and the return generated on invested capital.

Gross margin
100.0%
Gross profit retained from each unit of revenue.
Operating margin
1.0%
Operating profit retained from revenue.
Free-cash-flow margin
1.5%
Free cash flow generated from revenue.
Return on invested capital
8.7%
Operating return generated on invested capital.

Growth and financial strength

Recent business growth and accounting strength.

Revenue growth
-7.3%
Latest one-year revenue growth.
EPS growth
60.9%
Latest one-year earnings-per-share growth.
Free-cash-flow growth
915.9%
Latest one-year free-cash-flow growth.
Piotroski F-score
4/9
Nine-point accounting-strength checklist.

Shareholder return and balance sheet

Cash returned to owners and financial leverage.

Dividend yield
5.2%
Cash dividends relative to market value.
Buyback yield
0.0%
Net share repurchases relative to market value.
Shareholder yield
5.2%
Dividend yield plus net buyback yield.
Net debt / EBITDA
1.5x
Balance-sheet debt relative to operating cash earnings.
05 · Ownership, options, and sentiment

What other market participants are doing

Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.

Insider activity-

No recent insider transactions are stored for this company.

News sentiment52/100

Weighted news tone is neutral across 13 relevant articles.

2 positive · 11 neutral · 0 negative
Patient CapitalRecent

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

Recent buy signal in the last 8 weeks
06 · Catalysts and risk

What can move the shares—and how volatile the path has been

Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.

Next earnings-No event is currently stored.
Options expected move-Nearest-chain priced movement where available.
52-week drawdown-1.8%Distance below the 52-week high.
13-week volatility4.9%Standard deviation of weekly returns.

Weekly gains and losses

Latest 26 completed weeks

Each bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.

Weeks higher12 of 268 weeks finished lower.
Best week+10.9%Week of 12 Jun.
Worst week-13.0%Week of 3 Apr.
Latest week+1.9%Week of 31 Jul.

Shape of recent returns

Strong gains7
Modest gains5
Flat weeks6
Modest losses3
Sharp losses5
Recent vol4.9%13-week weekly-return volatility.
Base vol7.5%52-week weekly-return volatility.
Up/down split22/21Count of positive and negative weeks in the 52-week window.
Average skew7.3% / -4.9%Average positive week versus average negative week.
07 · Sector and peer context

Is this stock leading—or simply moving with its group?

Sector and industry breadth distinguish company-specific strength from a broad group move.

08 · Evidence and weekly data

The underlying research record

Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.

WeekCloseReturnTrend LineFair ValuePressureLeadershipVolumeTrend
31 Jul 20260.28 AUD1.9%0.23 AUD0.24 AUD0.9728.7393.5KOn
24 Jul 20260.27 AUD3.8%0.23 AUD0.24 AUD1.0930.42186.9KOn
17 Jul 20260.26 AUD-3.7%0.23 AUD0.24 AUD1.0526.50125.0KOn
10 Jul 20260.27 AUD0.0%0.22 AUD0.24 AUD0.9232.44138.9KOn
3 Jul 20260.27 AUD1.9%0.22 AUD0.24 AUD0.7933.24671.1KOn
26 Jun 20260.27 AUD8.2%0.22 AUD0.25 AUD0.4733.2248.5KOn
19 Jun 20260.24 AUD-3.9%0.22 AUD0.25 AUD0.0823.5140.1KOn
12 Jun 20260.26 AUD10.9%0.22 AUD0.25 AUD-0.1529.8831.1KOn
5 Jun 20260.23 AUD4.5%0.21 AUD0.25 AUD-0.4120.57415.1KOff
29 May 20260.22 AUD0.0%0.21 AUD0.25 AUD-0.6814.520Off
22 May 20260.22 AUD-2.2%0.21 AUD0.26 AUD-0.8115.9625.1KOff
15 May 20260.23 AUD7.1%0.21 AUD0.26 AUD-0.9719.4762.1KOff
8 May 20260.21 AUD10.5%0.21 AUD0.26 AUD-1.1610.4479.1KOff
1 May 20260.19 AUD0.0%0.21 AUD0.26 AUD-1.210.3299.3KOff
How to use this report

This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.