DOWNER EDI LIMITED (DOW)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

DOW - DOWNER EDI LIMITED

FNArena Sector : Industrial Sector Contractors & Engineers
Year End: June
GICS Industry Group : Commercial & Professional Services
Debt/EBITDA: 2.96
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS

Downer Edi designs, builds and services assets and infrastructure across a wide range of industries including the mining, transport and oil and gas sectors. The company is the number one builder of roads in Australia. It is listed on the ASX and the NZX.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$5.39

23 Dec
2024

0.020

OPEN

$5.36

0.37%

HIGH

$5.41

923,983

LOW

$5.31

TARGET
$5.623 4.3% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
3DA . ALQ . AVD . BSA . CG1 . CLG . CVL . CWY . CXL . DUR . EGL . EGN . EVS . FLC . IPG . LBL . MAD . PPK . RWL . SDV . SHA . SND . SSM . VEE . VNT .
FNARENA'S MARKET CONSENSUS FORECASTS
DOW: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 10.3 38.6 xxx
DPS (cps) xxx 17.0 22.8 xxx
EPS Growth xxx N/A 100.0% xxx
DPS Growth xxx 30.8% 34.1% xxx
PE Ratio xxx N/A 14.0 xxx
Dividend Yield xxx N/A 4.2% xxx
Div Pay Ratio(%) xxx 164.9% 59.1% xxx

Dividend yield today if purchased 3 years ago: 2.83%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 3.15

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: 23/08 - ex-div 8c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx10.3
DPS All xxxxxxxxxxxxxxx17.0
Sales/Revenue xxxxxxxxxxxxxxx10,969.0 M
Book Value Per Share xxxxxxxxxxxxxxx310.4
Net Operating Cash Flow xxxxxxxxxxxxxxx544.1 M
Net Profit Margin xxxxxxxxxxxxxxx0.63 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx3.30 %
Return on Invested Capital xxxxxxxxxxxxxxx1.72 %
Return on Assets xxxxxxxxxxxxxxx0.95 %
Return on Equity xxxxxxxxxxxxxxx3.16 %
Return on Total Capital xxxxxxxxxxxxxxx6.23 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx312.8 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 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx127 M
Long Term Debt xxxxxxxxxxxxxxx1,679 M
Total Debt xxxxxxxxxxxxxxx1,806 M
Goodwill - Gross xxxxxxxxxxxxxxx2,563 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx838 M
Price To Book Value xxxxxxxxxxxxxxx1.49

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx146.3 M
Capex % of Sales xxxxxxxxxxxxxxx1.33 %
Cost of Goods Sold xxxxxxxxxxxxxxx9,684 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx1,020 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx168 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

0.0

No. Of Recommendations

3
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

UBS

02/09/2024

3

Neutral

$5.75

6.68%

UBS observes the cost out program (-$130m versus -$100 target) and depletion of low-margin contracts supported FY34 results for Downer EDI.

Net profit came in 3% ahead of consensus expectations, with utilities returning to profitability in FY24.

Management did not offer formal guidance; it instead reconfirmed an average EBITDA margin target of over 4%-5% and an annualised -$175m cost out program, with -$45m achieved in FY24.

UBS upgrades EPS forecast by 4%. Target price moves to $5.75 from $4.90. Neutral rating retained.

FORECAST
UBS forecasts a full year FY25 EPS of 37.00 cents.
UBS forecasts a full year FY26 EPS of 46.00 cents.

Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >
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 Extra Coverage Research History >

DOW STOCK CHART

FNArena News on DOW

1
Next Week At A Glance -16-20 Dec 2024

Dec 13 2024 - Weekly Reports
2
Next Week At A Glance – 9-13 Dec 2024

Dec 06 2024 - Weekly Reports
3
A Golden Era For Engineering Services?

Oct 30 2024 - Feature Stories
4
Rudi’s View: Australia’s Most Highly Recommended Stocks

Oct 23 2024 - Rudi's View
5
Next Week At A Glance – 23-27 Sep 2024

Sep 20 2024 - Weekly Reports

Latest Industrial Sector Contractors & Engineers News

1
Rising Margins Boost ALS’ Favourable Outlook

Nov 22 2024 - Australia
2
A Golden Era For Engineering Services?

Oct 30 2024 - Feature Stories
3
How the Tides Turn: Water Scarcity And Services In Australia

Oct 14 2024 - ESG Focus
4
Transitory Headwinds For ALS

Sep 30 2024 - Australia
5
Cleanaway’s Efforts Not Wasted

Sep 23 2024 - Australia
6
IPD Group’s Future Remains Electrifying

Sep 06 2024 - Small Caps
7
It’s Electric Under The Southern Cross

Jul 24 2024 - Small Caps
8
Ventia Services: Unique Mix Of Growth & Defence

Jul 09 2024 - Small Caps
9
In The Bin; ASX-Listed Waste Companies

Nov 02 2023 - Australia
10
Treasure Chest: ALS Has A Turn-Around Option

Sep 19 2023 - Treasure Chest