DURATEC LIMITED (DUR)
Share Price Analysis and Chart

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DUR - DURATEC LIMITED

FNArena Sector : Industrial Sector Contractors & Engineers
Year End: June
GICS Industry Group : Capital Goods
Debt/EBITDA: 0.77
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.55

13 Nov
2024

-0.040

OPEN

$1.57

-2.52%

HIGH

$1.59

112,474

LOW

$1.54

TARGET
$1.693

+0.06 change from previous day

 9.2% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
3DA . ALQ . AVD . BSA . CG1 . CLG . CVL . CWY . CXL . DOW . 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 10.5 xxx
DPS (cps) xxx 4.0 4.6 xxx
EPS Growth xxx 9.5% 20.9% xxx
DPS Growth xxx 0.0% 15.0% xxx
PE Ratio xxx N/A 14.9 xxx
Dividend Yield xxx N/A 2.9% xxx
Div Pay Ratio(%) xxx 46.2% 43.9% xxx

Dividend yield today if purchased 3 years ago: 11.11%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 2.56

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

Ord Minnett

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

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Shaw and Partners

18/10/2024

1

Buy

$1.90

22.58%

Shaw and Partners notes Duratec's joint venture with Ertech has been chosen by the Department of Defence to undertake early contracting work at HMAS Stirling.

Revenue is expected at $10m for early contractor involvement with the total tender value at $400m-$500m to flow through to the joint venture from 1H26 for two years, the broker highlights.

Buy rated. High risk. Target price $1.90. The stock is believed to have valuation "appeal" with the Garden Island contracts not priced in.

FORECAST
Shaw and Partners forecasts a full year FY25 dividend of 4.60 cents and EPS of 11.60 cents.
Shaw and Partners forecasts a full year FY26 dividend of 5.50 cents and EPS of 13.70 cents.

Bell Potter

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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

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

27/05/2024

1

Buy

$1.50

-3.23%

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.
Access Extra Coverage Research History >

DUR STOCK CHART

FNArena News on DUR

1
Australian Broker Call *Extra* Edition – Nov 12, 2024

Nov 12 2024 - Daily Market Reports
2
FNArena Corporate Results Monitor – 29-08-2024

Aug 29 2024 - Australia
3
Rudi’s View: Winners Are Winning For Longer

Jun 05 2024 - Rudi's View
4
Australian Broker Call *Extra* Edition – May 27, 2024

May 27 2024 - Daily Market Reports
5
Australian Broker Call *Extra* Edition – Mar 06, 2024

Mar 06 2024 - Daily Market Reports

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