ACROW LIMITED (ACF)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

ACF - ACROW LIMITED

FNArena Sector : Building Products & Services
Year End: June
GICS Industry Group : Capital Goods
Debt/EBITDA: 1.93
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.065

22 Nov
2024

-0.005

OPEN

$1.08

-0.47%

HIGH

$1.08

201,552

LOW

$1.07

TARGET
$1.297 21.8% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
BKW . BRI . FBR . FBU . JHX . JLG . MGH . RWC . SFC . SRG . WGN .
FNARENA'S MARKET CONSENSUS FORECASTS
ACF: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 8.9 11.7 xxx
DPS (cps) xxx 5.9 5.7 xxx
EPS Growth xxx - 1.0% 32.3% xxx
DPS Growth xxx 33.0% - 2.6% xxx
PE Ratio xxx N/A 9.1 xxx
Dividend Yield xxx N/A 5.4% xxx
Div Pay Ratio(%) xxx 66.0% 48.6% xxx

Dividend yield today if purchased 3 years ago: 13.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 5.49

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: 30/10 - ex-div 3c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx8.9
DPS All xxxxxxxxxxxxxxx5.9
Sales/Revenue xxxxxxxxxxxxxxx193.1 M
Book Value Per Share xxxxxxxxxxxxxxx46.8
Net Operating Cash Flow xxxxxxxxxxxxxxx25.6 M
Net Profit Margin xxxxxxxxxxxxxxx13.21 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx20.92 %
Return on Invested Capital xxxxxxxxxxxxxxx13.91 %
Return on Assets xxxxxxxxxxxxxxx9.61 %
Return on Equity xxxxxxxxxxxxxxx20.92 %
Return on Total Capital xxxxxxxxxxxxxxx16.12 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-28.9 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 xxxxxxxxxxxxxxx31 M
Long Term Debt xxxxxxxxxxxxxxx76 M
Total Debt xxxxxxxxxxxxxxx107 M
Goodwill - Gross xxxxxxxxxxxxxxx20 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx6 M
Price To Book Value xxxxxxxxxxxxxxx2.28

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx40.2 M
Capex % of Sales xxxxxxxxxxxxxxx20.82 %
Cost of Goods Sold xxxxxxxxxxxxxxx142 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx17 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

3
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgans

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Ord Minnett

13/11/2024

1

Buy

$1.29

21.13%

Prior market concerns regarding earnings uncertainty for Acrow in FY25 have been alleviated, suggests Ord Minnett, following an AGM trading update and more detailed 1H and FY25 guidance.

Guidance for these periods for revenue and earnings beat the broker's prior forecasts by approximately 2% and 4%, respectively. The broker feels management is well placed to either meet or exceed its guidance.

Indicating further acceleration, the analysts note secured hire contract wins rose by 51% in 1Q25 and 57% in the four months to the end of October.

The target rises to $1.29 from $1.25. Buy.

FORECAST
Ord Minnett forecasts a full year FY25 dividend of 6.10 cents and EPS of 11.60 cents.
Ord Minnett forecasts a full year FY26 dividend of 6.40 cents and EPS of 12.00 cents.

Shaw and Partners

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >
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

Moelis

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Petra Capital

03/10/2024

1

Buy

$1.32

23.94%

Acrow has reported a 51% jump in new hire contracts for Q1 FY25 compared to 17% growth in FY24. Petra Capital, however, leaves earnings forecasts unchanged awaiting greater clarity on the extent to which project delays are curtailing revenue conversion.

The contracts wins provide a good lead indicator for FY25 revenues, highlights the broker, and underline the strength of Acrow's
competitive position, including the benefits being derived from the broadening suite of products and services.

The Buy rating and $1.32 target are maintained.

FORECAST
Petra Capital forecasts a full year FY25 dividend of 5.50 cents and EPS of 11.30 cents.
Petra Capital forecasts a full year FY26 dividend of 7.00 cents and EPS of 14.10 cents.
Access Extra Coverage Research History >

ACF STOCK CHART

FNArena News on ACF

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
Australian Broker Call *Extra* Edition – Nov 14, 2024

Nov 14 2024 - Daily Market Reports
4
Rudi’s View: Trump Returns, What Now?

Nov 07 2024 - Rudi's View
5
Rudi’s View: US Earnings & The Election

Oct 31 2024 - Rudi's View

Latest Building Products & Services News

1
Cyclically Challenged Brickworks Prioritises Cash

Oct 01 2024 - Australia
2
Bottom’s In For James Hardie

Jun 18 2024 - Technicals
3
Boral Beats, Outlook Cautious

Feb 12 2024 - Australia
4
Brickworks Underestimated & Cheap, Brokers Say

Oct 04 2023 - Australia
5
Analysts In Love With James Hardie, Yet Again

Aug 23 2023 - Australia
6
Johns Lyng And The Weather Factor

Jun 26 2023 - Small Caps
7
Treasure Chest: Boral To Prove Sceptics Wrong?

Apr 04 2023 - Treasure Chest
8
Added Bite from Reliance Worldwide’s New Products

Mar 30 2023 - Australia
9
Boral Shares Surge, Brokers Remain Cautious

Feb 09 2023 - Australia
10
Eye On (Small Cap) Building & Materials Stocks

Feb 01 2023 - Small Caps