GR ENGINEERING SERVICES LIMITED (GNG)
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GNG - GR ENGINEERING SERVICES LIMITED

FNArena Sector : Mining Sector Contracting

Year End: June

GICS Industry Group : Materials

Debt/EBITDA: 0.18

Index: ALL-ORDS

LAST PRICE	CHANGE +/-	CHANGE %	VOLUME
$2.03 22 Jul 2024	0.035 OPEN $2.00	1.75% HIGH $2.05	117,614 LOW $1.99

LAST PRICE

CHANGE +/-

CHANGE %

VOLUME

$2.03

22 Jul
2024

0.035

OPEN

$2.00

1.75%

HIGH

$2.05

117,614

LOW

$1.99

OTHER COMPANIES IN THE SAME SECTOR
ALQ . ANG . C79 . CDA . CDD . DCG . DOW . EHL . IMD . IPG . IPL . LBL . LYL . MAD . MAH . MIN . MLG . MND . MSV . MYE . NWH . ORI . PRN . RAN . RCR . RDG . RUL . SRG . SVW . SXE . XRF .

FNARENA'S MARKET CONSENSUS FORECASTS

- No Record -

Last ex-div: 08/10 - ex-div 4c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD

Copyright © 2024 FactSet UK Limited. All rights reserved

Title	2018	2019	2020	2021	2022	2023
EPS Basic	xxx	xxx	xxx	xxx	xxx	17.0
DPS All	xxx	xxx	xxx	xxx	xxx	19.0
Sales/Revenue	xxx	xxx	xxx	xxx	xxx	551.4 M
Book Value Per Share	xxx	xxx	xxx	xxx	xxx	37.0
Net Operating Cash Flow	xxx	xxx	xxx	xxx	xxx	13.3 M
Net Profit Margin	xxx	xxx	xxx	xxx	xxx	4.99 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title	2018	2019	2020	2021	2022	2023
Return on Capital Employed	xxx	xxx	xxx	xxx	xxx	45.11 %
Return on Invested Capital	xxx	xxx	xxx	xxx	xxx	42.44 %
Return on Assets	xxx	xxx	xxx	xxx	xxx	12.80 %
Return on Equity	xxx	xxx	xxx	xxx	xxx	45.11 %
Return on Total Capital	xxx	xxx	xxx	xxx	xxx	51.21 %
Free Cash Flow ex dividends	xxx	xxx	xxx	xxx	xxx	-20.8 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	2018	2019	2020	2021	2022	2023
Short-Term Debt	xxx	xxx	xxx	xxx	xxx	2 M
Long Term Debt	xxx	xxx	xxx	xxx	xxx	5 M
Total Debt	xxx	xxx	xxx	xxx	xxx	7 M
Goodwill - Gross	xxx	xxx	xxx	xxx	xxx	-
Cash & Equivalents - Generic	xxx	xxx	xxx	xxx	xxx	86 M
Price To Book Value	xxx	xxx	xxx	xxx	xxx	5.79

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title	2018	2019	2020	2021	2022	2023
Capex	xxx	xxx	xxx	xxx	xxx	3.4 M
Capex % of Sales	xxx	xxx	xxx	xxx	xxx	0.62 %
Cost of Goods Sold	xxx	xxx	xxx	xxx	xxx	499 M
Selling, General & Admin. Exp & Other	xxx	xxx	xxx	xxx	xxx	18 M
Research & Development	xxx	xxx	xxx	xxx	xxx	-
Investments - Total	xxx	xxx	xxx	xxx	xxx	2 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
EXTRA COVERAGE

EXPERT VIEWS

Display All Commentary

Sentiment Indicator

0.0

No. Of Recommendations

BROKER	DATE	RATING	RECOMMENDATION	TARGET PRICE	% TO REACH TARGET	COMMENTARY

EXTRA COVERAGE

Display All Commentary

No. Of Recommendations

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
Taylor Collison	23/05/2024	2	Outperform	$2.52	24.14%	GR Engineering Services management continues to see a historically high level of study work available, which Taylor Collison explains should ultimately convert into engineering, procurement and construction (EPC) work for the company. Management has recently announced an EPR contract with Liontown Resources ((LTR)) worth $71m. The broker suggests this contract win helps allay any revenue shortfall fears from a go-slow, or cancelation, at BHP Group's ((BHP)) West Musgrave project. The Outperform rating and target price of $2.52 are retained. FORECAST Taylor Collison forecasts a full year FY24 dividend of 19.00 cents and EPS of 20.00 cents. Taylor Collison forecasts a full year FY25 dividend of 20.00 cents and EPS of 22.20 cents.

BROKER

DATE

RATING

RECOMMENDATION

TARGET PRICE

% TO REACH TARGET

COMMENTARY

Taylor Collison

23/05/2024

Outperform

$2.52

24.14%

GR Engineering Services management continues to see a historically high level of study work available, which Taylor Collison explains should ultimately convert into engineering, procurement and construction (EPC) work for the company.

Management has recently announced an EPR contract with Liontown Resources ((LTR)) worth $71m. The broker suggests this contract win helps allay any revenue shortfall fears from a go-slow, or cancelation, at BHP Group's ((BHP)) West Musgrave project.

The Outperform rating and target price of $2.52 are retained.

FORECAST
Taylor Collison forecasts a full year FY24 dividend of 19.00 cents and EPS of 20.00 cents.
Taylor Collison forecasts a full year FY25 dividend of 20.00 cents and EPS of 22.20 cents.

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GNG STOCK CHART

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GR ENGINEERING SERVICES LIMITED (GNG)
Share Price Analysis and Chart