ADRAD HOLDINGS LIMITED (AHL)
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AHL

AHL - ADRAD HOLDINGS LIMITED

FNArena Sector : NONE
Year End: June
GICS Industry Group : No Sector
Debt/EBITDA: 2.89
Index:

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.61

27 Mar
2025

0.010

OPEN

$0.60

1.67%

HIGH

$0.61

24,616

LOW

$0.60

TARGET
$0.95 55.7% upside
Franking for last dividend paid out: 100%
FNARENA'S MARKET CONSENSUS FORECASTS
AHL: 1
Title FY23
Actual
FY24
Actual
FY25
Forecast
FY26
Forecast
EPS (cps) xxx 7.4 7.1 xxx
DPS (cps) xxx 2.9 2.9 xxx
EPS Growth xxx - 13.0% - 4.2% xxx
DPS Growth xxx 26.2% - 1.4% xxx
PE Ratio xxx N/A 8.3 xxx
Dividend Yield xxx N/A 5.0% xxx
Div Pay Ratio(%) xxx 39.9% 41.1% xxx

Dividend yield today if purchased 3 years ago: 735.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

5.03

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: 19/03 - ex-div 1.33c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 20202021202220232024
EPS Basic xxxxxxxxxxxx7.4
DPS All xxxxxxxxxxxx2.9
Sales/Revenue xxxxxxxxxxxx142.9 M
Book Value Per Share xxxxxxxxxxxx148.6
Net Operating Cash Flow xxxxxxxxxxxx14.7 M
Net Profit Margin xxxxxxxxxxxx4.18 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 20202021202220232024
Return on Capital Employed xxxxxxxxxxxx5.03 %
Return on Invested Capital xxxxxxxxxxxx3.67 %
Return on Assets xxxxxxxxxxxx3.14 %
Return on Equity xxxxxxxxxxxx5.03 %
Return on Total Capital xxxxxxxxxxxx5.73 %
Free Cash Flow ex dividends xxxxxxxxxxxx6.9 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 20202021202220232024
Short-Term Debt xxxxxxxxxxxx4 M
Long Term Debt xxxxxxxxxxxx44 M
Total Debt xxxxxxxxxxxx49 M
Goodwill - Gross xxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxx16 M
Price To Book Value xxxxxxxxxxxx0.48

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 20202021202220232024
Capex xxxxxxxxxxxx5.4 M
Capex % of Sales xxxxxxxxxxxx3.80 %
Cost of Goods Sold xxxxxxxxxxxx115 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxx18 M
Research & Development xxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxx0 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

1.0

No. Of Recommendations

2
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgans

xx/xx/xxxx

1

xxxxxxxxx xx xxxxxxxxxxx xxx xxxx xxx

$xx.xx

xx.xx%

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Bell Potter

26/02/2025

1

Buy

$1.05

72.13%

Adrad's 1H25 revenue was 4% above Bell Potter but pro forma earnings were -16% below.

The miss was driven by several factors including a negative FX impact from purchases, a customer acquisition program and renegotiation of a key OEM contract.

AGM guidance of “full year FY25 revenue and earnings expected to track above FY24, albeit weighted to 2H25” was not reiterated, rather management said it's “confident of achieving continued revenue growth”. 

Adrad did also mention the order book in the HTS business is strong and includes two prototype Alufin radiator units.

Target falls to $1.05 from $1.12, Buy retained.

FORECAST
Bell Potter forecasts a full year FY25 dividend of 2.80 cents and EPS of 7.10 cents.
Bell Potter forecasts a full year FY26 dividend of 3.50 cents and EPS of 8.80 cents.

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

AHL STOCK CHART