DURATEC LIMITED (DUR)
Share Price Analysis and Chart

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DUR - DURATEC LIMITED

Year End: June
GICS Industry Group : Capital Goods
Debt/EBITDA: 0.77
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.51

20 Dec
2024

-0.040

OPEN

$1.55

-2.58%

HIGH

$1.57

178,999

LOW

$1.50

TARGET
$1.743 15.5% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
3DA . ALQ . AVD . BSA . CG1 . CLG . CVL . CWY . CXL . DOW . EGL . EGN . EVS . FLC . IPG . LBL . MAD . PPK . RWL . SDV . SHA . SND . SSM . VEE . VNT .
FNARENA'S MARKET CONSENSUS FORECASTS
DUR: 1
Title FY23
Actual
FY24
Actual
FY25
Forecast
FY26
Forecast
EPS (cps) xxx 8.7 10.6 xxx
DPS (cps) xxx 4.0 4.6 xxx
EPS Growth xxx 9.5% 22.0% xxx
DPS Growth xxx 0.0% 15.8% xxx
PE Ratio xxx N/A 14.3 xxx
Dividend Yield xxx N/A 3.1% xxx
Div Pay Ratio(%) xxx 46.2% 43.8% xxx

Dividend yield today if purchased 3 years ago: 11.11%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

2.65

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: 17/09 - ex-div 2.5c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx8.7
DPS All xxxxxxxxxxxxxxx4.0
Sales/Revenue xxxxxxxxxxxxxxx555.8 M
Book Value Per Share xxxxxxxxxxxxxxx23.8
Net Operating Cash Flow xxxxxxxxxxxxxxx28.3 M
Net Profit Margin xxxxxxxxxxxxxxx3.86 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx40.75 %
Return on Invested Capital xxxxxxxxxxxxxxx32.02 %
Return on Assets xxxxxxxxxxxxxxx9.79 %
Return on Equity xxxxxxxxxxxxxxx40.75 %
Return on Total Capital xxxxxxxxxxxxxxx33.94 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx2.1 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 xxxxxxxxxxxxxxx14 M
Long Term Debt xxxxxxxxxxxxxxx17 M
Total Debt xxxxxxxxxxxxxxx32 M
Goodwill - Gross xxxxxxxxxxxxxxx4 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx65 M
Price To Book Value xxxxxxxxxxxxxxx5.17

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx16.3 M
Capex % of Sales xxxxxxxxxxxxxxx2.92 %
Cost of Goods Sold xxxxxxxxxxxxxxx517 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx13 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx6 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

xxx, xxxx xxxx

$xx.xx

xx.xx%

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Bell Potter

25/11/2024

1

Buy

$1.73

14.57%

Bell Potter raises its FY25 forecast earnings (EBITDA) for Duratec by 3.1% to $53.7m, aligning with new guidance of $52-$56m provided during AGM commentary.

Management remains focused on preserving margins over pursuing volume and expressed optimism about the outlook across all sectors, highlights the broker.

Duratec is well positioned to tender for and subcontract final work, with one-third of tenders now including early contractor involvement (ECI), according to Bell Potter.

The Buy rating is maintained, and the target price increases to $1.73 from $1.58.

FORECAST
Bell Potter forecasts a full year FY25 dividend of 5.10 cents and EPS of 10.10 cents.
Bell Potter forecasts a full year FY26 dividend of 6.70 cents and EPS of 11.20 cents.

Ord Minnett

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

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EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

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

Taylor Collison

xx/xx/xxxx

2

xxxxxxxxxx xx xxxxxxxx xxxx xxxxxxxxxx

$xx.xx

xx.xx%

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Moelis

27/05/2024

1

Buy

$1.50

-0.66%

Moelis has retained its Buy rating for Duratec while reducing its price target to $1.50 from $1.62 following the issuance of narrowed FY24 guidance.

The company now expects revenue of $550-565m and EBITDA of $46-48m, revised from $570-610m and $45-52m, respectively.

The broker explains revised guidance reflects improved EBITDA profitability at an 8.4% margin, with strong project performance noted in 2H24 to date.

The broker observes the order book remains broadly stable at $377m, while the tender book has grown significantly to $1.47bn. Delays in project awards are expected to push some revenues to FY25. Forecasts for FY24-FY26 have been lowered.

FORECAST
Moelis forecasts a full year FY25 dividend of 5.30 cents and EPS of 10.50 cents.

DUR STOCK CHART