ADAIRS LIMITED (ADH)
Share Price Analysis and Chart

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ADH - ADAIRS LIMITED

FNArena Sector : Furniture & Renovation
Year End: June
GICS Industry Group : Retailing
Debt/EBITDA: 2.13
Index: ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$2.24

27 Feb
2024

0.130

OPEN

$2.20

6.16%

HIGH

$2.28

3,348,197

LOW

$2.09

TARGET
$2.20 -1.8% downside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
BLX . GWA . HVN . JBH . JYC . NCK . REH . TPW .
FNARENA'S MARKET CONSENSUS FORECASTS
ADH: 1
Title FY22
Actual
FY23
Actual
FY24
Forecast
FY25
Forecast
EPS (cps) xxx 22.0 19.1 xxx
DPS (cps) xxx 0.0 7.8 xxx
EPS Growth xxx - 16.6% - 13.3% xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 12.1 xxx
Dividend Yield xxx N/A 3.4% xxx
Div Pay Ratio(%) xxx 0.0% 41.1% xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

0.00

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: 20/03 - ex-div 8c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx22.0
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx621.3 M
Book Value Per Share xxxxxxxxxxxxxxx116.9
Net Operating Cash Flow xxxxxxxxxxxxxxx108.4 M
Net Profit Margin xxxxxxxxxxxxxxx6.09 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx18.92 %
Return on Invested Capital xxxxxxxxxxxxxxx8.48 %
Return on Assets xxxxxxxxxxxxxxx6.19 %
Return on Equity xxxxxxxxxxxxxxx18.92 %
Return on Total Capital xxxxxxxxxxxxxxx14.82 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx68.7 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 xxxxxxxxxxxxxxx49 M
Long Term Debt xxxxxxxxxxxxxxx231 M
Total Debt xxxxxxxxxxxxxxx280 M
Goodwill - Gross xxxxxxxxxxxxxxx179 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx26 M
Price To Book Value xxxxxxxxxxxxxxx1.16

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx12.3 M
Capex % of Sales xxxxxxxxxxxxxxx1.98 %
Cost of Goods Sold xxxxxxxxxxxxxxx501 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx47 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

0.3

No. Of Recommendations

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

Morgans

xx/xx/xxxx

1

xxxxxxx xx xxx xxxx xxxx

$xx.xx

xx.xx%

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UBS

27/02/2024

3

Neutral

$2.20

-1.79%

Strong delivery of cost reductions and robust gross margins meant the EBIT outcome in the first half from Adairs beat UBS estimates.

The second half to date is tracking below the broker's initial expectations, although the company should cycle much easier comparables over March-June while recent problems with stocks should be resolved.

UBS finds the stock "somewhat cheap" but retains a Neutral rating on the basis the sales performance is soft across the three brands and there are downside risks to consumer expenditure.

Moving to a new warehouse management system mid 2024 will also carry implementation risk.Target is $2.20, upgraded from $1.65.

FORECAST
UBS forecasts a full year FY24 dividend of 0.00 cents and EPS of 21.00 cents.
UBS forecasts a full year FY25 dividend of 15.00 cents and EPS of 25.00 cents.

Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial

ADH STOCK CHART