ACROW LIMITED (ACF)
Share Price Analysis and Chart

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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

$1.15

25 Jul
2024

0.005

OPEN

$1.13

0.44%

HIGH

$1.15

217,193

LOW

$1.13

TARGET
$1.363 18.6% 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 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 9.6 xxx
Dividend Yield xxx N/A 4.8% xxx
Div Pay Ratio(%) xxx 49.1% 46.7% xxx

Dividend yield today if purchased 3 years ago: 10.48%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 3.88

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

1.0

No. Of Recommendations

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

Ord Minnett

xx/xx/xxxx

1

xxxxxxx xx xxx xxxx xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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Shaw and Partners

03/07/2024

1

High Risk Buy

$1.35

17.39%

June has been a cracker of a month for Acrow in terms of secured hire contract wins and sales pipeline growth, highlights the analyst at Shaw and Partners.

The broker emphasises the 17% growth in total secured hire contracts for FY24 on the previous year, with a record $12.3m in new hire contracts in June, including a $2.5m order for Meriton projects.

With the record FY24 pipeline sales of $189m, up 33% year-over-year, the broker retains a High Risk Buy rating.

$1.35 target unchanged.

FORECAST
Shaw and Partners forecasts a full year FY24 dividend of 5.30 cents and EPS of 12.00 cents.
Shaw and Partners forecasts a full year FY25 dividend of 5.70 cents and EPS of 14.30 cents.

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
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

09/07/2024

1

Buy

$1.47

27.83%

The latest trading update for Acrow suggests to Petra Capital operating momentum has remained positive. Management noted record hire contract wins ($12.3m) in June, boosting contracted hire revenue to $78.3m, up by 17% on the previous corresponding period.

The broker believes the upcoming FY24 result will meet management's guidance and anticipates further strong growth in FY25.

Petra Capital points to buoyant demand across key end markets and ongoing opportunities for Acrow to expand its operating footprint.

The Buy rating and $1.47 target are maintained.

FORECAST
Petra Capital forecasts a full year FY24 dividend of 6.00 cents and EPS of 11.50 cents.
Petra Capital forecasts a full year FY25 dividend of 7.00 cents and EPS of 13.40 cents.
Access Stockbroker Research History >

ACF STOCK CHART

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