SOUTHERN CROSS ELECTRICAL ENGINEERING LIMITED (SXE)
Share Price Analysis and Chart

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SXE - SOUTHERN CROSS ELECTRICAL ENGINEERING LIMITED

FNArena Sector : Mining Sector Contracting
Year End: June
GICS Industry Group : Capital Goods
Debt/EBITDA: 0.29
Index:

LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.21

26 Apr
2024

0.000

OPEN

$1.21

0.000

HIGH

$1.23

471,332

LOW

$1.19

TARGET
$1.50 24.0% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ALQ . ANG . C79 . CDA . CDD . DCG . DOW . EHL . GNG . IMD . IPG . IPL . LBL . LYL . MAD . MAH . MIN . MLG . MND . MSV . MYE . NWH . ORI . PRN . RAN . RCR . RDG . RUL . SRG . SVW . XRF .
FNARENA'S MARKET CONSENSUS FORECASTS
SXE: 1
Title FY21
Actual		 FY22
Actual		 FY23
Forecast		 FY24
Forecast
EPS (cps) xxx N/A N/A xxx
DPS (cps) xxx N/A N/A xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A N/A xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: 9.80%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 4.10

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: 07/10 - ex-div 3c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx7.7
DPS All xxxxxxxxxxxxxxx5.0
Sales/Revenue xxxxxxxxxxxxxxx464.7 M
Book Value Per Share xxxxxxxxxxxxxxx69.6
Net Operating Cash Flow xxxxxxxxxxxxxxx48.2 M
Net Profit Margin xxxxxxxxxxxxxxx4.32 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx11.27 %
Return on Invested Capital xxxxxxxxxxxxxxx10.77 %
Return on Assets xxxxxxxxxxxxxxx6.05 %
Return on Equity xxxxxxxxxxxxxxx11.27 %
Return on Total Capital xxxxxxxxxxxxxxx16.55 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx32.1 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 xxxxxxxxxxxxxxx3 M
Long Term Debt xxxxxxxxxxxxxxx8 M
Total Debt xxxxxxxxxxxxxxx10 M
Goodwill - Gross xxxxxxxxxxxxxxx111 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx78 M
Price To Book Value xxxxxxxxxxxxxxx0.96

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx3.3 M
Capex % of Sales xxxxxxxxxxxxxxx0.71 %
Cost of Goods Sold xxxxxxxxxxxxxxx420 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx13 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

Shaw and Partners

26/04/2024

1

Initiation of coverage with Buy

$1.50

23.97%

Shaw and Partners has initiated coverage on Southern Cross Electrical Engineering. The company has materially growth revenues in the last seven years to $465m in FY23, and targets revenue above $500m in FY24.

As per the broker, the company is exposed to the electrification and decarbonisation trends through multiple avenues, as well as to the data centre sector which is now showing exponential growth. In the last four years the company has announced fifteen data centre awards totalling $170m. 

The broker forecasts revenue of $515m in FY24 and $567m in FY25.

The broker initiates with a Buy rating and a target price of $1.50.

FORECAST
Shaw and Partners forecasts a full year FY24 dividend of 5.00 cents and EPS of 8.50 cents.
Access Stockbroker Research History >

SXE STOCK CHART

FNArena News on SXE

1
Australian Broker Call *Extra* Edition – Sep 13, 2022

Sep 13 2022 - Daily Market Reports
2
Australian Broker Call *Extra* Edition – Sep 29, 2021

Sep 29 2021 - Daily Market Reports
3
Australian Broker Call *Extra* Edition – Mar 15, 2021

Mar 15 2021 - Daily Market Reports
4
Australian Broker Call *Extra* Edition – Sep 30, 2020

Sep 30 2020 - Daily Market Reports
5
The Wrap: Construction Activity, Online Shopping And Childcare

Jun 12 2020 - Weekly Reports

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