AMOTIV LIMITED (AOV)
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AOV - AMOTIV LIMITED

FNArena Sector : Automobiles & Components
Year End: June
GICS Industry Group : Automobiles & Components
Debt/EBITDA: 2.32
Index:

LAST PRICE CHANGE +/- CHANGE % VOLUME

$10.63

22 Jul
2024

-0.020

OPEN

$10.56

-0.19%

HIGH

$10.67

167,830

LOW

$10.51

TARGET
$12.72 19.7% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
AMA . APE . ARB . ASG . BAP . CAR . IFM . MTO . MXI . PWH . PWR . RPM . SFC . SNL . SUL . VMT .
FNARENA'S MARKET CONSENSUS FORECASTS
AOV: 1
Title FY22
Actual
FY23
Actual
FY24
Forecast
FY25
Forecast
EPS (cps) xxx 69.9 78.2 xxx
DPS (cps) xxx 39.0 42.8 xxx
EPS Growth xxx 100.0% 11.9% xxx
DPS Growth xxx 0.0% 9.7% xxx
PE Ratio xxx N/A 13.6 xxx
Dividend Yield xxx N/A 4.0% xxx
Div Pay Ratio(%) xxx 55.8% 54.7% xxx

Dividend yield today if purchased 3 years ago: 3.35%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

3.66

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
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx69.9
DPS All xxxxxxxxxxxxxxx39.0
Sales/Revenue xxxxxxxxxxxxxxx1,036.9 M
Book Value Per Share xxxxxxxxxxxxxxx631.3
Net Operating Cash Flow xxxxxxxxxxxxxxx182.3 M
Net Profit Margin xxxxxxxxxxxxxxx9.51 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx11.36 %
Return on Invested Capital xxxxxxxxxxxxxxx6.79 %
Return on Assets xxxxxxxxxxxxxxx5.28 %
Return on Equity xxxxxxxxxxxxxxx11.36 %
Return on Total Capital xxxxxxxxxxxxxxx13.16 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx115.0 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 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx31 M
Long Term Debt xxxxxxxxxxxxxxx544 M
Total Debt xxxxxxxxxxxxxxx575 M
Goodwill - Gross xxxxxxxxxxxxxxx625 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx53 M
Price To Book Value xxxxxxxxxxxxxxx1.40

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx12.5 M
Capex % of Sales xxxxxxxxxxxxxxx1.20 %
Cost of Goods Sold xxxxxxxxxxxxxxx605 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx236 M
Research & Development xxxxxxxxxxxxxxx27 M
Investments - Total xxxxxxxxxxxxxxx6 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

0.8

No. Of Recommendations

5
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgans

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Ord Minnett

17/05/2024

3

Hold

$12.00

12.89%

The name G.U.D. Holdings is likely to change to Amotive now that the Davey water pumps business has been divested and the company becomes an automotive pure-play, explains Ord Minnett.

While the uptake of electric vehicles presents a long-term challenge, the broker believes management is handling the transition in a rational manner.

The $12 target and Hold rating are unchanged.

FORECAST
Ord Minnett forecasts a full year FY24 dividend of 44.00 cents and EPS of 73.40 cents.
Ord Minnett forecasts a full year FY25 dividend of 48.00 cents and EPS of 79.80 cents.

Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

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

Wilsons

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Canaccord Genuity

21/05/2024

1

Buy

$14.60

37.35%

Canaccord Genuity came away from the G.U.D. Holdings investor day upbeat, believing the company is intrinsically undervalued.

The broker points to past underperformance of the APG acquisition and the fact it has yet to reach its EBITDA forecasts underscores market concerns.

The analyst points to FY24 guidance which sits at least $193.5m EBITA, with underlying growth estimated at 8%.

Canaccord Genuity retains earnings estimates and highlights an anticipated recovery which opens up a potential re-rating for the stock.

Buy rating and $14.60 target retained.

FORECAST
Canaccord Genuity forecasts a full year FY24 dividend of 42.00 cents and EPS of 87.00 cents.
Canaccord Genuity forecasts a full year FY25 dividend of 50.00 cents and EPS of 98.00 cents.

AOV STOCK CHART