EMECO HOLDINGS LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 0.725 AUD | +0.69% |
|
-0.68% | +8.21% |
| Feb. 21 | Jarden Research Adjusts Emeco Holdings' Price Target to AU$0.95 From AU$1.10, Keeps at Buy | MT |
| Feb. 20 | Transcript : Emeco Holdings Limited, H1 2024 Earnings Call, Feb 20, 2024 |
Valuation
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 641.1 | 368.9 | 566.7 | 338.7 | 335.1 | 374.7 | - | - |
| Enterprise Value (EV) 1 | 1,073 | 727.5 | 791.1 | 584.2 | 611.1 | 659.2 | 604.7 | 562 |
| P/E ratio | 19.7 x | 5.02 x | 26.6 x | 5.44 x | 8.28 x | 7.18 x | 5.26 x | 5.17 x |
| Yield | - | - | 1.18% | 3.85% | 3.85% | 1.52% | 2.29% | 3.89% |
| Capitalization / Revenue | 1.38 x | 0.68 x | 0.91 x | 0.45 x | 0.38 x | 0.44 x | 0.46 x | 0.45 x |
| EV / Revenue | 2.31 x | 1.35 x | 1.28 x | 0.77 x | 0.7 x | 0.78 x | 0.75 x | 0.67 x |
| EV / EBITDA | 5.01 x | 2.96 x | 3.33 x | 2.34 x | 2.44 x | 2.35 x | 2.07 x | 1.88 x |
| EV / FCF | -97.2 x | 11.5 x | 14 x | 11.7 x | 22.7 x | 29.2 x | 8.55 x | 8.02 x |
| FCF Yield | -1.03% | 8.68% | 7.16% | 8.56% | 4.41% | 3.42% | 11.7% | 12.5% |
| Price to Book | 3.38 x | 1.01 x | 1.07 x | 0.6 x | 0.58 x | 0.6 x | 0.53 x | 0.49 x |
| Nbr of stocks (in thousands) | 309,704 | 370,706 | 537,114 | 521,142 | 515,572 | 516,798 | - | - |
| Reference price 2 | 2.070 | 0.9950 | 1.055 | 0.6500 | 0.6500 | 0.7250 | 0.7250 | 0.7250 |
| Announcement Date | 8/20/19 | 7/26/20 | 8/17/21 | 8/16/22 | 8/22/23 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: Juni | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 464.5 | 540.4 | 620.5 | 754.4 | 874.9 | 847.4 | 809.5 | 833.3 |
| EBITDA 1 | 214 | 246.1 | 237.7 | 250.2 | 250.4 | 281 | 291.6 | 298.2 |
| EBIT 1 | 125.4 | 138.2 | 119.1 | 120.7 | 104.6 | 123.3 | 132.2 | 135.6 |
| Operating Margin | 26.99% | 25.57% | 19.19% | 16% | 11.96% | 14.55% | 16.33% | 16.27% |
| Earnings before Tax (EBT) | 33.67 | 55.19 | 29.59 | - | - | - | 102.4 | 103.4 |
| Net income 1 | 34 | 66.13 | 20.7 | 65 | 41.3 | 52.09 | 71.8 | 72.73 |
| Net margin | 7.32% | 12.24% | 3.34% | 8.62% | 4.72% | 6.15% | 8.87% | 8.73% |
| EPS 2 | 0.1050 | 0.1983 | 0.0396 | 0.1194 | 0.0785 | 0.1010 | 0.1379 | 0.1404 |
| Free Cash Flow 1 | -11.04 | 63.14 | 56.66 | 50 | 26.98 | 22.55 | 70.75 | 70.05 |
| FCF margin | -2.38% | 11.68% | 9.13% | 6.63% | 3.08% | 2.66% | 8.74% | 8.41% |
| FCF Conversion (EBITDA) | - | 25.66% | 23.84% | 19.98% | 10.77% | 8.02% | 24.27% | 23.49% |
| FCF Conversion (Net income) | - | 95.48% | 273.78% | 76.92% | 65.32% | 43.29% | 98.53% | 96.32% |
| Dividend per Share 2 | - | - | 0.0125 | 0.0250 | 0.0250 | 0.0110 | 0.0166 | 0.0282 |
| Announcement Date | 8/20/19 | 7/26/20 | 8/17/21 | 8/16/22 | 8/22/23 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: June | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 | 2024 S1 | 2024 S2 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 246.5 | 293.9 | 298.6 | 321.9 | 372.8 | 381.6 | 429.5 | 445.4 | 434.5 | 397.7 |
| EBITDA 1 | 119.1 | 127 | 117.9 | 119.8 | 121.7 | 128.5 | 113.5 | 136.9 | 137.1 | 142.7 |
| EBIT | 67.5 | 70.7 | 59.7 | 59.4 | 59 | 61.7 | 40.8 | 63.8 | 60.7 | - |
| Operating Margin | 27.38% | 24.06% | 19.99% | 18.45% | 15.83% | 16.17% | 9.5% | 14.32% | 13.97% | - |
| Earnings before Tax (EBT) | 27 | 28.19 | 4.988 | 24.6 | 43.25 | - | 3.824 | 48.01 | - | - |
| Net income 1 | 27 | 39.13 | 3.333 | 17.36 | 30.19 | 34.81 | 2.669 | 38.63 | 19.4 | 32.1 |
| Net margin | 10.95% | 13.31% | 1.12% | 5.39% | 8.1% | 9.12% | 0.62% | 8.67% | 4.47% | 8.07% |
| EPS | 0.0815 | 0.1168 | 0.006800 | 0.0328 | 0.0551 | - | 0.005100 | 0.0734 | 0.0368 | - |
| Dividend per Share 2 | - | - | - | 0.0125 | 0.0125 | 0.0125 | 0.0125 | 0.0125 | - | 0.0100 |
| Announcement Date | 2/17/20 | 7/26/20 | 2/8/21 | 8/17/21 | 2/15/22 | 8/16/22 | 2/21/23 | 8/22/23 | 2/19/24 | - |
1AUD in Million2AUD
Estimates
Balance Sheet Analysis
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 432 | 359 | 224 | 246 | 276 | 285 | 230 | 187 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 2.018 x | 1.457 x | 0.9444 x | 0.9812 x | 1.102 x | 1.012 x | 0.7888 x | 0.6281 x |
| Free Cash Flow 1 | -11 | 63.1 | 56.7 | 50 | 27 | 22.6 | 70.8 | 70.1 |
| ROE (net income / shareholders' equity) | 35.9% | 23.8% | 12.8% | 12.5% | 10.2% | 10.7% | 10.7% | 10.2% |
| ROA (Net income/ Total Assets) | 8.5% | 7.12% | 5.53% | 6.92% | 5.6% | 8.57% | 8.91% | 8.94% |
| Assets 1 | 400 | 928.6 | 374.2 | 939.6 | 737.2 | 608.2 | 805.9 | 813.5 |
| Book Value Per Share 2 | 0.6100 | 0.9900 | 0.9800 | 1.080 | 1.120 | 1.210 | 1.360 | 1.490 |
| Cash Flow per Share 2 | 0.5200 | 0.5500 | 1.340 | 0.4100 | 0.3900 | 0.4700 | 0.5100 | 0.4600 |
| Capex 1 | 181 | 119 | 154 | 165 | 179 | 213 | 177 | 174 |
| Capex / Sales | 38.86% | 21.99% | 24.75% | 21.88% | 20.51% | 25.1% | 21.92% | 20.89% |
| Announcement Date | 8/20/19 | 7/26/20 | 8/17/21 | 8/16/22 | 8/22/23 | - | - | - |
1AUD in Million2AUD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C+
Sell
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
0.725
AUD
Average target price
1.028
AUD
Spread / Average Target
+41.79%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +8.21% | 244M | |
| +20.47% | 46B | |
| +11.75% | 33.18B | |
| +15.03% | 16.73B | |
| -12.99% | 7.38B | |
| +23.18% | 5.75B | |
| +2.27% | 4.32B | |
| -1.61% | 3.73B | |
| -6.61% | 2.74B | |
| +15.42% | 2.11B |
- Stock Market
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- EHL Stock
- Financials Emeco Holdings Limited
