AUSTIN ENGINEERING LIMITED (ANG)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

ANG - AUSTIN ENGINEERING LIMITED

FNArena Sector : Mining Sector Contracting
Year End: June
GICS Industry Group : Capital Goods
Debt/EBITDA: 0.96
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.54

21 Nov
2024

0.040

OPEN

$0.51

8.00%

HIGH

$0.55

5,891,153

LOW

$0.50

TARGET
$0.70 29.6% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ALQ . ARI . C79 . CDA . CDD . DOW . EHL . GNG . IMD . IPG . IPL . LBL . LYL . MAD . MAH . MIN . MLG . MND . MSV . MYE . NWH . ORI . PRN . RAN . RCR . RDG . RUL . SGH . SRG . SXE . XRF .
FNARENA'S MARKET CONSENSUS FORECASTS
ANG: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 4.5 5.6 xxx
DPS (cps) xxx 1.2 1.9 xxx
EPS Growth xxx 100.0% 25.8% xxx
DPS Growth xxx N/A 58.3% xxx
PE Ratio xxx N/A 9.5 xxx
Dividend Yield xxx N/A 3.6% xxx
Div Pay Ratio(%) xxx 27.0% 33.9% xxx

Dividend yield today if purchased 3 years ago: 5.71%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 2.26

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 14/03 - ex-div 0.4c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx4.5
DPS All xxxxxxxxxxxxxxx1.2
Sales/Revenue xxxxxxxxxxxxxxx313.2 M
Book Value Per Share xxxxxxxxxxxxxxx22.2
Net Operating Cash Flow xxxxxxxxxxxxxxx35.5 M
Net Profit Margin xxxxxxxxxxxxxxx9.48 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx24.29 %
Return on Invested Capital xxxxxxxxxxxxxxx22.00 %
Return on Assets xxxxxxxxxxxxxxx10.72 %
Return on Equity xxxxxxxxxxxxxxx24.29 %
Return on Total Capital xxxxxxxxxxxxxxx22.46 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx28.7 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx38 M
Long Term Debt xxxxxxxxxxxxxxx8 M
Total Debt xxxxxxxxxxxxxxx46 M
Goodwill - Gross xxxxxxxxxxxxxxx22 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx40 M
Price To Book Value xxxxxxxxxxxxxxx2.61

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx5.5 M
Capex % of Sales xxxxxxxxxxxxxxx1.75 %
Cost of Goods Sold xxxxxxxxxxxxxxx254 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx20 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Shaw and Partners

10/10/2024

1

Buy

$0.70

29.63%

Shaw and Partners remains positive on Austin Engineering, highlighting the company's tray was showcased by Liebherr at the MineXpo in Las Vegas from Sept 20-24.

The Liebherr long haul truck is expected to be supplied to Fortescue ((FMG)) under a US$2.8bn green partnership with the company. In FY24 Fortescue's diesel consumption accounted for 51% of scope 1 emissions.

The new contract expands the fleet of zero emission machines to 475 from 120 haul trucks currently. Shaw and Partners notes the Austin Engineering tray is up to 5 tonnes lighter than original trays.

Buy rating retained. High risk. Unchanged target price of 70c.

FORECAST
Shaw and Partners forecasts a full year FY25 dividend of 1.90 cents and EPS of 5.60 cents.
Shaw and Partners forecasts a full year FY26 dividend of 2.00 cents and EPS of 6.10 cents.
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Petra Capital

02/09/2024

1

Buy

$0.60

11.11%

Austin Engineering posted FY24 results that in Petra Capital's view provide further evidence of the ongoing delivery of Austin 2.0.

Underlying net profit of $29.7m was slightly below forecasts, mainly because of lower revenue that was partially offset at the EBIT line by a better-than-expected margin.

FY25 guidance implies EBIT growth of 24.2% and the broker suspects this is conservative, assessing the business is well-positioned to capitalise on the current operating environment. Buy rating reiterated. Target is reduced to $0.60 from $0.67.

FORECAST
Petra Capital forecasts a full year FY25 dividend of 2.50 cents and EPS of 5.90 cents.
Petra Capital forecasts a full year FY26 dividend of 3.50 cents and EPS of 6.90 cents.
Access Extra Coverage Research History >

ANG STOCK CHART

FNArena News on ANG

1
Rudi’s View: The Importance Of ‘Quality’ Growth

Nov 21 2024 - Rudi's View
2
Rudi’s View: A Rally With No Earnings Support

Nov 14 2024 - Rudi's View
3
Rudi’s View: Trump Returns, What Now?

Nov 07 2024 - Rudi's View
4
Rudi’s View: US Earnings & The Election

Oct 31 2024 - Rudi's View
5
Rudi’s View: Earnings, Best Ideas & Favourite Stock Picks

Oct 24 2024 - Rudi's View

Latest Mining Sector Contracting News

1
Orica Well Positioned To Capitalise

Nov 18 2024 - Australia
2
Risk Seems To The Upside For NRW Holdings

Aug 26 2024 - Small Caps
3
Monadelphous Shakes Off Lithium

Aug 22 2024 - Small Caps
4
Imdex’s Operational Leverage Attracts

Jun 06 2024 - Small Caps
5
Orica Resumes Up-Trend

Apr 16 2024 - Technicals
6
Treasure Chest: Orica’s Technology Tailwind

Nov 21 2023 - Treasure Chest
7
Orica’s Green Ambitions Well-Received

Sep 25 2023 - Australia
8
Gold & Copper Add Confidence To DDH1’s Future

Feb 08 2023 - Small Caps
9
Mader Group Targets US Growth

Dec 22 2022 - Small Caps
10
Perenti Pleases with Guidance Upgrade

Dec 22 2022 - Small Caps