COVENTRY GROUP LIMITED (CYG)
Share Price Analysis and Chart

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CYG - COVENTRY GROUP LIMITED

FNArena Sector : Hardware & Equipment
Year End: June
GICS Industry Group : Capital Goods
Debt/EBITDA: 3.41
Index:

LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.505

16 Apr
2024

0.000

OPEN

$1.51

0.000

HIGH

$1.51

0

LOW

$1.51

TARGET
$1.80 19.6% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
4DS . AD8 . AKP . ALU . AVA . BLG . CDA . DDR . DRO . EOS . HTG . IKE . RVS . SEN . SLX . SPZ . TZL . WBT .
FNARENA'S MARKET CONSENSUS FORECASTS
CYG: 1
Title FY22
Actual
FY23
Actual
FY24
Forecast
FY25
Forecast
EPS (cps) xxx N/A 6.8 xxx
DPS (cps) xxx N/A 3.5 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 22.6 xxx
Dividend Yield xxx N/A 2.3% xxx
Div Pay Ratio(%) xxx N/A 51.5% xxx

Dividend yield today if purchased 3 years ago: 2.65%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

2.33

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: 28/09 - ex-div 3.5c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx2.7
DPS All xxxxxxxxxxxxxxx3.5
Sales/Revenue xxxxxxxxxxxxxxx358.2 M
Book Value Per Share xxxxxxxxxxxxxxx122.3
Net Operating Cash Flow xxxxxxxxxxxxxxx19.6 M
Net Profit Margin xxxxxxxxxxxxxxx0.69 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx2.18 %
Return on Invested Capital xxxxxxxxxxxxxxx1.52 %
Return on Assets xxxxxxxxxxxxxxx0.88 %
Return on Equity xxxxxxxxxxxxxxx2.18 %
Return on Total Capital xxxxxxxxxxxxxxx6.59 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx12.8 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 xxxxxxxxxxxxxxx50 M
Long Term Debt xxxxxxxxxxxxxxx55 M
Total Debt xxxxxxxxxxxxxxx105 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx4 M
Price To Book Value xxxxxxxxxxxxxxx0.94

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx3.7 M
Capex % of Sales xxxxxxxxxxxxxxx1.04 %
Cost of Goods Sold xxxxxxxxxxxxxxx313 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx30 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx-

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

26/02/2024

1

Buy

$1.80

19.60%

Coventry Group had pre-reported first half sales of $185.3m and a pre-AASB 16 earnings result of $9.8m, representing 5% and 18% year-on-year growth respectively.

With these metrics pre-reported, Bell Potter found its attention drawn to the segment earnings split, as well as the turnaround from Konnect Australia. The broker had anticipated a more pronounced bias to the trade distribution segment, with earnings of $8.5m flat year-on-year.  

Konnect Australia, however, reported 9% sales growth and 89% earnings imporvement, and Bell Potter feels this tracks with its expectations for the brand and its turnaround thesis.

The Buy rating and target price of $1.80 are retained.

FORECAST
Bell Potter forecasts a full year FY24 dividend of 3.50 cents and EPS of 6.80 cents.
Bell Potter forecasts a full year FY25 dividend of 3.70 cents and EPS of 7.50 cents.

CYG STOCK CHART