EMECO HOLDINGS LIMITED (EHL)
Share Price Analysis and Chart

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EHL - EMECO HOLDINGS LIMITED

FNArena Sector : Mining Sector Contracting
Year End: June
GICS Industry Group : Capital Goods
Debt/EBITDA: 1.44
Index: ALL-ORDS

Emeco Holdings is an Australian mining and earth moving equipment rental company. Founded in 1972 as the EarthMoving Equipment Company, it listed on the ASX in 2006.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.73

16 Apr
2024

-0.005

OPEN

$0.73

-0.68%

HIGH

$0.74

489,047

LOW

$0.72

TARGET
$1.03 41.1% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ALQ . ANG . C79 . CDA . CDD . DCG . DOW . GNG . IMD . IPG . IPL . LBL . LYL . MAD . MAH . MIN . MLG . MND . MSV . MYE . NWH . ORI . PRN . RAN . RCR . RDG . RUL . SRG . SVW . SXE . XRF .
FNARENA'S MARKET CONSENSUS FORECASTS
EHL: 1
Title FY22
Actual
FY23
Actual
FY24
Forecast
FY25
Forecast
EPS (cps) xxx N/A 12.8 xxx
DPS (cps) xxx N/A 1.5 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 5.7 xxx
Dividend Yield xxx N/A 2.1% xxx
Div Pay Ratio(%) xxx N/A 11.7% xxx

Dividend yield today if purchased 3 years ago: 2.69%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

3.42

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: 07/09 - ex-div 1.25c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx8.0
DPS All xxxxxxxxxxxxxxx2.5
Sales/Revenue xxxxxxxxxxxxxxx874.9 M
Book Value Per Share xxxxxxxxxxxxxxx114.3
Net Operating Cash Flow xxxxxxxxxxxxxxx206.4 M
Net Profit Margin xxxxxxxxxxxxxxx4.72 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx7.15 %
Return on Invested Capital xxxxxxxxxxxxxxx4.75 %
Return on Assets xxxxxxxxxxxxxxx3.91 %
Return on Equity xxxxxxxxxxxxxxx7.15 %
Return on Total Capital xxxxxxxxxxxxxxx8.84 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx14.0 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 xxxxxxxxxxxxxxx24 M
Long Term Debt xxxxxxxxxxxxxxx299 M
Total Debt xxxxxxxxxxxxxxx323 M
Goodwill - Gross xxxxxxxxxxxxxxx8 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx47 M
Price To Book Value xxxxxxxxxxxxxxx0.57

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx179.4 M
Capex % of Sales xxxxxxxxxxxxxxx20.51 %
Cost of Goods Sold xxxxxxxxxxxxxxx695 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx101 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

Macquarie

22/02/2024

1

Outperform

$1.03

41.10%

Emeco Holdings' revenues beat Macquarie by 3% and earnings by 2%. Rental revenue grew 9% year on year due to strong rental
demand in both the Eastern and Western regions, the broker notes.

The Rental segment was able to deploy idle fleet and secure rate increases with new projects, contract extensions, and application of contractual rise-and-fall mechanisms. Workshops revenue grew 21%.

It was a solid first half result, Macquarie suggests, with a positive outlook for earnings growth in the second half. Emeco is making good progress refocusing on the core rental business, improving returns on its assets and reducing contractual risk.

Outperform and $1.03 target retained.

FORECAST
Macquarie forecasts a full year FY24 dividend of 1.50 cents and EPS of 12.80 cents.
Macquarie forecasts a full year FY25 dividend of 0.00 cents and EPS of 14.70 cents.

EHL STOCK CHART