COVENTRY GROUP LIMITED (CYG)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

CYG - COVENTRY GROUP LIMITED

FNArena Sector : Hardware & Equipment
Year End: June
GICS Industry Group : Capital Goods
Debt/EBITDA: 3.64
Index:

LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.38

01 Nov
2024

0.000

OPEN

$1.30

0.000

HIGH

$1.38

77,819

LOW

$1.30

TARGET
$1.75 26.8% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
4DS . AD8 . AKP . AVA . BLG . CDA . DDR . DRO . EOS . HTG . IKE . SEN . SLX . SPZ . TZL . WBT .
FNARENA'S MARKET CONSENSUS FORECASTS
CYG: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 0.7 6.9 xxx
DPS (cps) xxx 3.8 4.0 xxx
EPS Growth xxx - 74.6% 100.0% xxx
DPS Growth xxx 7.1% 6.7% xxx
PE Ratio xxx N/A 19.4 xxx
Dividend Yield xxx N/A 3.0% xxx
Div Pay Ratio(%) xxx 551.5% 58.0% xxx

Dividend yield today if purchased 3 years ago: 2.33%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 2.72

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: 27/09 - ex-div 3.75c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx0.7
DPS All xxxxxxxxxxxxxxx3.8
Sales/Revenue xxxxxxxxxxxxxxx371.3 M
Book Value Per Share xxxxxxxxxxxxxxx122.5
Net Operating Cash Flow xxxxxxxxxxxxxxx18.8 M
Net Profit Margin xxxxxxxxxxxxxxx0.18 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx0.51 %
Return on Invested Capital xxxxxxxxxxxxxxx0.34 %
Return on Assets xxxxxxxxxxxxxxx0.21 %
Return on Equity xxxxxxxxxxxxxxx0.51 %
Return on Total Capital xxxxxxxxxxxxxxx7.52 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx13.6 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 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx54 M
Long Term Debt xxxxxxxxxxxxxxx82 M
Total Debt xxxxxxxxxxxxxxx135 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx8 M
Price To Book Value xxxxxxxxxxxxxxx1.15

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx5.6 M
Capex % of Sales xxxxxxxxxxxxxxx1.51 %
Cost of Goods Sold xxxxxxxxxxxxxxx324 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx29 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

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Bell Potter

29/10/2024

1

Buy

$1.75

26.81%

A challenged macro-economic backdrop in NZ and east coast of Australia are attributed as the reasons for a weaker than expected 1Q25 trading update from Coventry Group, Bell Potter notes.

Group sales came in flat on previous corresponding period, which were more "elevated", the analyst highlights, suggesting growth around 8%-10% on underlying sales, excluding Steelmasters.

Gross margin gains are anticipated to continue with the company at final stages of a heavily capital-intensive modernisation project. 

The broker's EPS forecasts decline by -10% in FY25 and -2% in FY26. Looking through the cycle, Bell Potter believes the stock is attractively valued.

Buy rating maintained with a fall in target price to $1.75 from $1.85.

FORECAST
Bell Potter forecasts a full year FY25 dividend of 4.00 cents and EPS of 6.90 cents.
Bell Potter forecasts a full year FY26 dividend of 4.30 cents and EPS of 8.80 cents.
Access Stockbroker Research History >
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

19/06/2024

1

Buy

$2.50

81.16%

Petra Capital transfers coverage of Coventry Group to a new analyst and retains a Buy rating and $2.50 target price.

The analyst makes no changes to the earnings forecast.

The broker is forecastings revenue growth of 15.1% in FY25 and 8.5% the year after, including a 12-month contribution from Steelmasters.

Margins are also anticipated to improve off the FY24 levels. Petra Capital views the stock as fundamentally undervalued.

Buy rating and $2.50 target unchanged.

FORECAST
Petra Capital forecasts a full year FY25 dividend of 8.00 cents and EPS of 19.40 cents.
Access Extra Coverage Research History >

CYG STOCK CHART

FNArena News on CYG

1
FNArena Corporate Results Monitor – 22-08-2024

Aug 22 2024 - Australia
2
Australian Broker Call *Extra* Edition – Jun 19, 2024

Jun 19 2024 - Daily Market Reports
3
Australian Broker Call *Extra* Edition – Apr 24, 2024

Apr 24 2024 - Daily Market Reports
4
Australian Broker Call *Extra* Edition – Mar 25, 2024

Mar 25 2024 - Daily Market Reports
5
Australian Broker Call *Extra* Edition – Mar 07, 2024

Mar 07 2024 - Daily Market Reports

Latest Hardware & Equipment News

1
Audinate’s Recurring Revenue Opportunity

Oct 08 2024 - Small Caps
2
Dicker Data Preps For PC Refresh Cycle Upswing

Sep 17 2024 - Small Caps
3
In Brief: Audinate, BlueScope & Nuix For Gen.Ai

Aug 23 2024 - Weekly Reports
4
First Shock Of The Season, What’s Next Audinate?

Aug 12 2024 - Australia
5
Codan’s Communication Upside

Jun 18 2024 - Small Caps
6
And Now For Something Different: Royalties

Apr 02 2024 - Small Caps
7
Dicker Data Still PC

Mar 07 2024 - Small Caps
8
ESG Focus: The Little Big Things – 06-03-2024

Mar 07 2024 - ESG Focus
9
Weekly Ratings, Targets, Forecast Changes – 02-02-24

Feb 05 2024 - Weekly Reports
10
Altium: Low In Place

Nov 14 2023 - Technicals