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: 2
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.105

02 Jul
2024

0.055

OPEN

$1.09

5.24%

HIGH

$1.14

1,522,246

LOW

$1.08

TARGET
$1.343 21.6% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ABC . BKW . BLD . BRI . CSR . FBR . FBU . JHX . JLG . MGH . RWC . SFC . SRG . WGN .
FNARENA'S MARKET CONSENSUS FORECASTS
ACF: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx 9.0 11.8 xxx
DPS (cps) xxx 4.4 5.5 xxx
EPS Growth xxx 41.8% 31.3% xxx
DPS Growth xxx 63.0% 25.0% xxx
PE Ratio xxx N/A 9.4 xxx
Dividend Yield xxx N/A 5.0% xxx
Div Pay Ratio(%) xxx 49.1% 46.7% xxx

Dividend yield today if purchased 3 years ago: 11.58%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 3.96

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: 29/04 - ex-div 2.85c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx9.0
DPS All xxxxxxxxxxxxxxx4.4
Sales/Revenue xxxxxxxxxxxxxxx149.8 M
Book Value Per Share xxxxxxxxxxxxxxx38.6
Net Operating Cash Flow xxxxxxxxxxxxxxx25.7 M
Net Profit Margin xxxxxxxxxxxxxxx15.66 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx25.20 %
Return on Invested Capital xxxxxxxxxxxxxxx17.23 %
Return on Assets xxxxxxxxxxxxxxx11.63 %
Return on Equity xxxxxxxxxxxxxxx25.20 %
Return on Total Capital xxxxxxxxxxxxxxx13.90 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-26.6 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 xxxxxxxxxxxxxxx28 M
Long Term Debt xxxxxxxxxxxxxxx47 M
Total Debt xxxxxxxxxxxxxxx75 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx5 M
Price To Book Value xxxxxxxxxxxxxxx2.02

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx44.9 M
Capex % of Sales xxxxxxxxxxxxxxx30.00 %
Cost of Goods Sold xxxxxxxxxxxxxxx114 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx13 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

0.8

No. Of Recommendations

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

Shaw and Partners

xx/xx/xxxx

1

xxxx xxxx xxx

$xx.xx

xx.xx%

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

Morgans

19/04/2024

1

Add

$1.43

29.41%

As management at Acrow have been quoted as saying the Industrial Services division to be a key earnings driver going forward, Morgans takes a deeper dive into the segment.

Unlike the residential and commercial scaffold markets, industrial services is not price driven and requires strong accreditation and engineering expertise, explains the broker.

The division provides scaffold hire and sales to complement a specialised industrial labour service to the energy, mining and industrial sectors, explains the broker.

Industrial Services has a more recurring revenue stream given the need for periodic maintenance shutdown work for industrial companies. This gravitation by management to more stable earnings is a longer-term positive, suggests Morgans.

The Add rating and $1.43 target are maintained.

FORECAST
Morgans forecasts a full year FY24 dividend of 5.50 cents and EPS of 11.80 cents.
Morgans forecasts a full year FY25 dividend of 5.90 cents and EPS of 13.70 cents.

Ord Minnett

xx/xx/xxxx

2

xxxxxxxxxx

$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 >

ACF STOCK CHART

FNArena News on ACF

1
Rudi’s View: Investor Worries, Gold, Westpac, and Conviction Buys

Apr 03 2024 - Rudi's View
2
FNArena Corporate Results Monitor – 22-02-2024

Feb 22 2024 - Australia
3
Rudi’s View: Corporate Travel, Hansen, IPH, NextDC & Macquarie Technology

Feb 08 2024 - Rudi's View
4
Weekly Ratings, Targets, Forecast Changes – 25-01-24

Jan 29 2024 - Weekly Reports
5
Rudi’s View: All-Weather Portfolio In 2023

Nov 29 2023 - Rudi's View

Latest Building Products & Services News

1
Bottom’s In For James Hardie

Jun 18 2024 - Technicals
2
Boral Beats, Outlook Cautious

Feb 12 2024 - Australia
3
Brickworks Underestimated & Cheap, Brokers Say

Oct 04 2023 - Australia
4
Analysts In Love With James Hardie, Yet Again

Aug 23 2023 - Australia
5
Johns Lyng And The Weather Factor

Jun 26 2023 - Small Caps
6
Treasure Chest: Boral To Prove Sceptics Wrong?

Apr 04 2023 - Treasure Chest
7
Added Bite from Reliance Worldwide’s New Products

Mar 30 2023 - Australia
8
Boral Shares Surge, Brokers Remain Cautious

Feb 09 2023 - Australia
9
Eye On (Small Cap) Building & Materials Stocks

Feb 01 2023 - Small Caps
10
Cost Blow-Out Rattles Fletcher Building

Dec 21 2022 - Australia