ATLAS ARTERIA (ALX)
Share Price Analysis and Chart

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ALX - ATLAS ARTERIA

FNArena Sector : Infrastructure & Utilities
Year End: December
GICS Industry Group : Transportation
Debt/EBITDA: 26.84
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS

Atlas Arteria, formerly known as Macquarie Atlas Roads, is a global owner, operator and developer of toll roads. It was created and listed in 2010 following the restructuring of the Macquarie Infrastructure Group.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$5.13

25 Jul
2024

-0.040

OPEN

$5.13

-0.77%

HIGH

$5.19

1,813,911

LOW

$5.12

TARGET
$5.354 4.4% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
AGL . AIA . APA . CEN . DBI . DBI . GNP . MEZ . ORG . SRJ . TCL .
FNARENA'S MARKET CONSENSUS FORECASTS
ALX: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx 17.7 49.0 xxx
DPS (cps) xxx 40.0 40.0 xxx
EPS Growth xxx - 20.5% 100.0% xxx
DPS Growth xxx 0.0% 0.0% xxx
PE Ratio xxx N/A 10.6 xxx
Dividend Yield xxx N/A 7.7% xxx
Div Pay Ratio(%) xxx 226.4% 81.6% xxx

Dividend yield today if purchased 3 years ago: 6.47%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 7.71

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: 26/03 - ex-div 20c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx17.7
DPS All xxxxxxxxxxxxxxx40.0
Sales/Revenue xxxxxxxxxxxxxxx134.0 M
Book Value Per Share xxxxxxxxxxxxxxx429.8
Net Operating Cash Flow xxxxxxxxxxxxxxx713.6 M
Net Profit Margin xxxxxxxxxxxxxxx191.27 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx4.03 %
Return on Invested Capital xxxxxxxxxxxxxxx3.21 %
Return on Assets xxxxxxxxxxxxxxx3.13 %
Return on Equity xxxxxxxxxxxxxxx4.03 %
Return on Total Capital xxxxxxxxxxxxxxx-0.06 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx132.4 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 xxxxxxxxxxxxxxx102 M
Long Term Debt xxxxxxxxxxxxxxx1,619 M
Total Debt xxxxxxxxxxxxxxx1,721 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx305 M
Price To Book Value xxxxxxxxxxxxxxx1.34

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx0.8 M
Capex % of Sales xxxxxxxxxxxxxxx0.60 %
Cost of Goods Sold xxxxxxxxxxxxxxx118 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx22 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx5,547 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

0.1

No. Of Recommendations

5
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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Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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

24/07/2024

3

Neutral

$5.50

7.21%

Atlas Arteria's June Q toll revenue was slightly weaker than expected on APRR traffic.

Following the first half result, the French court is due to rule on the constitutionality of the new concession tax by September.

UBS currently forecasts the tax in full effect and doesn’t expect it to be removed, but if the challenge were successful this would be a major positive.

Even if the tax is upheld, Atlas and its partners could potentially seek compensation through a longer-dated process, the broker suggests.

Following several months of share price weakness, the broker sees some valuation support but not enough to change the Neutral rating. Target falls to $5.50 from $5.60.

FORECAST
UBS forecasts a full year FY24 dividend of 40.00 cents.
UBS forecasts a full year FY25 dividend of 40.00 cents.

Morgan Stanley

xx/xx/xxxx

3

xxxxx-xxxxxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial

Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

0

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
Access Stockbroker Research History >

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